Eicher Motors Ltd.

NSE: EICHERMOT · Automobile and Auto Components

₹7,669.50-0.56%06 Nov 2026

Ask the data

Instant answers about Eicher Motors Ltd. — computed from its filings, no language model

Market cap₹2,10,528 cr

Current price₹7,669.50

High / Low₹8,190 / ₹6,586

P/E36.5

P/B8.39

Book value₹914.4

ROE23.0%

ROCE26.4%

Debt / equity0.01

Dividend yield0.91%

EPS (TTM)₹210.29

Face value₹1

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 9 periods

	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	9,219	9,797	9,154	8,720	10,298	14,442	16,536	18,870	23,408
EBITDA	2,808	2,903	2,180	1,781	2,172	3,444	4,327	4,712	5,785
Operating margin	30.5%	29.6%	23.8%	20.4%	21.1%	23.8%	26.2%	25.0%	24.7%
Interest	5	7	19	16	19	28	51	54	72
Depreciation	223	300	382	451	452	526	598	729	840
Profit before tax	2,859	3,039	2,323	1,767	2,142	3,484	4,754	5,233	6,304
Tax	936	1,077	527	452	526	886	1,201	1,199	1,587
Net profit	1,960	2,203	1,827	1,347	1,677	2,914	4,001	4,734	5,515
EPS ₹	719.69	807.76	669.52	49.30	61.33	106.56	146.18	172.76	201.09
Operating cash flow	—	—	—	—	1,527	2,847	3,742	3,980	4,805
Capex	—	—	—	—	641	682	819	1,039	1,275
Dividend paid	—	—	—	—	465	574	1,013	1,397	1,920
Total assets	9,522	11,387	12,450	14,559	16,201	19,198	23,128	27,174	32,164
Equity	7,030	8,919	9,981	11,438	12,608	14,990	18,046	21,296	25,100

Quarterly performance

last 34 quarters · ₹ crore

showing latest 8 of 34 periods

	MAR '18	JUN '18	SEP '18	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26
Revenue	2,528	2,548	2,408	2,341	2,500	2,382	2,192	2,371	2,208	818	2,134	2,828	2,940	1,974	2,250	2,881	3,193	3,397	3,519	3,721	3,804	3,986	4,115	4,179	4,256	4,393	4,263	4,973	5,241	5,042	6,172	6,114	6,080	6,632
Operating profit	797	810	729	680	685	614	541	592	432	4	471	672	634	363	470	582	757	831	822	857	934	1,021	1,087	1,090	1,129	1,165	1,088	1,201	1,258	1,203	1,512	1,557	1,514	1,591
Operating margin	31.5%	31.8%	30.3%	29.0%	27.4%	25.8%	24.7%	25.0%	19.6%	0.5%	22.1%	23.8%	21.6%	18.4%	20.9%	20.2%	23.7%	24.5%	23.3%	23.0%	24.5%	25.6%	26.4%	26.1%	26.5%	26.5%	25.5%	24.2%	24.0%	23.9%	24.5%	25.5%	24.9%	24.0%
Other income	85	60	94	147	143	120	145	135	143	114	100	125	114	122	109	92	118	49	149	192	206	243	274	254	305	282	354	289	380	446	351	337	352	466
Interest	1	2	2	2	2	5	4	4	6	5	4	4	4	6	3	6	3	5	7	8	8	10	13	12	15	12	13	13	16	15	19	17	20	22
Depreciation	64	70	72	77	81	88	90	95	109	98	105	123	125	112	109	111	119	116	127	135	148	142	143	148	165	169	180	179	201	198	200	211	232	278
Profit before tax	817	798	749	748	744	643	592	628	461	15	462	671	620	367	466	557	752	758	836	907	983	1,111	1,206	1,184	1,253	1,266	1,248	1,297	1,421	1,436	1,644	1,610	1,614	1,758
Tax	264	286	260	256	275	212	28	145	143	5	115	169	162	90	103	137	196	181	223	230	251	293	291	302	315	340	262	290	307	388	410	373	417	463
Net profit	462	576	549	533	545	452	573	499	304	-55	343	533	526	237	373	456	610	611	657	741	906	918	1,016	996	1,070	1,101	1,100	1,170	1,362	1,205	1,369	1,421	1,520	1,463
EPS ₹	169.38	211.35	201.25	195.42	199.73	165.57	209.87	182.69	111.44	-2.02	12.58	19.49	19.25	8.67	13.65	16.68	22.32	22.33	24.02	27.09	33.11	33.57	37.13	36.38	39.10	40.21	40.15	42.70	49.69	43.95	49.93	51.79	55.41	53.30
Revenue YoY	—	—	—	—	-1.1%	-6.5%	-9.0%	1.3%	-11.7%	-65.7%	-2.7%	19.3%	33.2%	141.3%	5.4%	1.9%	8.6%	72.1%	56.4%	29.2%	19.1%	17.3%	16.9%	12.3%	11.9%	10.2%	3.6%	19.0%	23.1%	14.8%	44.8%	22.9%	16.0%	31.5%
Profit YoY	—	—	—	—	18.1%	-21.6%	4.4%	-6.4%	-44.2%	-112.2%	-40.0%	6.8%	72.9%	—	8.7%	-14.4%	16.0%	157.5%	76.0%	62.4%	48.4%	50.4%	54.7%	34.4%	18.2%	19.9%	8.3%	17.5%	27.3%	9.4%	24.5%	21.4%	11.6%	21.3%

Earlier results (standalone, Sep '07 – Dec '17)

₹ crore · from BSE, before the NSE XBRL filings begin

Eicher Motors Ltd. reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 9 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†
Revenue	779	389	493	741	1,162	2,004	3,357	5,227	7,745
Operating profit	22	41	52	92	174	409	838	1,479	2,206
Operating margin	2.9%	10.6%	10.6%	12.4%	15.0%	20.4%	25.0%	28.3%	28.5%
Other income	32	25	53	100	88	97	96	113	227
Interest	4	0	3	2	0	1	1	1	3
Depreciation	18	10	11	14	19	35	58	119	154
Profit before tax	42	53	91	177	242	469	875	1,473	2,277
Tax	-3	12	11	21	45	120	263	457	717
Net profit	45	41	81	155	197	349	612	1,016	1,560

Quarters

showing latest 8 of 42 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†
Revenue	537	548	653	538	72	79	90	91	99	98	100	108	111	123	151	168	181	171	221	255	276	297	334	382	459	528	636	746	821	828	961	1,097	1,301	1,284	1,545	1,557	1,989	2,070	2,129	2,254	2,164	2,264
Operating profit	31	30	30	18	-7	-1	12	10	11	8	13	12	11	10	20	22	23	16	31	39	42	34	59	68	88	105	147	186	205	195	251	290	361	367	462	480	552	583	591	628	690	718
Operating margin	5.7%	5.5%	4.6%	3.4%	-9.5%	-0.9%	12.9%	10.7%	10.8%	7.7%	13.0%	11.1%	9.5%	8.3%	13.1%	13.3%	12.8%	9.2%	13.9%	15.3%	15.1%	11.5%	17.7%	17.8%	19.3%	20.0%	23.1%	24.9%	25.0%	23.6%	26.1%	26.4%	27.7%	28.6%	29.9%	30.8%	27.8%	28.2%	27.8%	27.8%	31.9%	31.7%
Other income	8	6	10	7	4	13	7	3	3	16	3	18	2	30	2	16	1	57	26	5	4	11	68	8	2	2	85	14	13	5	65	4	8	21	81	47	66	59	55	129	70	48
Interest	5	4	4	3	0	0	0	0	0	0	0	2	0	0	0	1	0	0	0	0	0	0	0	0	0	0	1	0	0	0	1	0	0	0	0	1	1	1	1	1	1	1
Depreciation	11	11	11	11	2	2	2	2	2	3	3	3	3	3	3	3	3	4	4	4	4	5	6	8	8	9	11	12	13	15	19	22	26	32	37	39	36	35	43	45	49	65
Profit before tax	23	22	25	10	15	10	7	8	11	20	13	26	10	38	18	34	21	69	53	40	41	40	121	68	83	99	220	188	205	185	296	271	342	355	505	487	582	606	602	712	710	701
Tax	6	6	6	3	-5	-2	1	2	3	2	4	4	2	2	4	5	3	6	8	8	8	6	24	16	21	24	59	55	64	61	83	87	113	110	146	150	186	190	191	217	224	229
Net profit	17	16	19	7	20	12	6	6	8	18	9	22	8	36	14	29	18	63	45	32	33	34	97	53	62	74	161	133	141	124	213	184	229	245	359	337	396	415	412	494	486	472
EPS ₹	5.94	5.61	6.92	2.47	7.26	4.15	2.19	2.25	2.82	6.66	3.46	8.24	3.16	13.32	5.37	10.73	6.76	23.22	16.79	11.96	12.21	12.65	36.00	19.48	22.88	27.54	59.39	49.21	52.02	45.78	78.75	67.67	84.19	90.25	132.30	124.11	145.71	152.63	151.26	181.62	178.69	173.34
Revenue YoY	—	—	—	—	-86.6%	-85.5%	-86.2%	-83.1%	37.8%	23.3%	11.8%	18.7%	12.0%	25.6%	50.2%	55.4%	63.0%	39.0%	46.7%	52.0%	52.4%	73.4%	50.8%	49.7%	66.2%	77.9%	90.5%	95.4%	78.9%	56.9%	51.2%	47.0%	58.5%	55.0%	60.7%	42.0%	52.8%	61.2%	37.8%	44.7%	8.8%	9.4%
Profit YoY	—	—	—	—	22.2%	-26.1%	-68.3%	-12.5%	-63.1%	52.5%	49.8%	263.1%	12.1%	101.1%	56.9%	31.2%	116.1%	76.1%	213.1%	11.7%	80.8%	-45.7%	114.4%	62.9%	87.4%	117.9%	65.2%	153.2%	128.2%	66.7%	32.9%	37.8%	62.1%	97.5%	68.3%	83.6%	73.4%	69.5%	14.5%	46.6%	22.8%	13.7%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 31 periods

	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26
ROE	30.1%	24.7%	23.3%	23.6%	23.2%	18.3%	13.2%	10.9%	11.3%	11.8%	14.3%	14.6%	13.9%	13.3%	16.3%	17.6%	19.7%	19.4%	21.5%	22.5%	24.1%	22.2%	23.2%	22.5%	23.4%	22.2%	22.7%	23.1%	24.3%	22.0%	23.0%
ROCE	43.4%	33.5%	31.8%	30.1%	28.8%	23.1%	16.9%	15.6%	16.1%	15.4%	18.4%	18.5%	17.5%	17.1%	20.1%	21.8%	24.5%	23.1%	25.5%	26.2%	27.9%	26.2%	27.1%	26.0%	26.6%	24.5%	25.3%	26.2%	27.6%	25.1%	26.4%
Net margin	21.6%	22.5%	21.6%	22.3%	21.9%	20.0%	17.4%	14.5%	14.1%	15.4%	16.6%	16.7%	15.9%	16.3%	17.5%	18.0%	18.9%	20.2%	21.4%	22.9%	23.9%	24.2%	24.7%	25.0%	24.8%	25.1%	24.8%	23.8%	23.7%	23.6%	23.1%
EBITDA margin	30.7%	29.6%	28.1%	26.8%	25.8%	23.8%	20.7%	19.9%	19.8%	20.4%	21.7%	21.4%	20.4%	21.1%	22.5%	23.0%	23.6%	23.8%	24.2%	25.0%	25.7%	26.2%	26.4%	26.2%	25.6%	25.0%	24.3%	24.1%	24.5%	24.7%	24.7%
Debt / equity	0.02	0.02	0.02	0.02	0.02	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.00	0.00	0.01	0.01	0.01	0.01	0.02	0.02	0.02	0.02	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Interest coverage	476.78	415.58	276.45	209.00	169.27	124.05	88.84	84.72	90.16	108.43	120.07	125.01	103.58	115.08	145.29	136.19	142.54	125.36	116.48	109.29	103.61	94.44	94.12	94.12	94.56	97.31	95.83	93.05	92.39	89.13	85.65
Asset turnover	1.03	0.86	0.85	0.83	0.83	0.74	0.61	0.60	0.64	0.60	0.68	0.69	0.69	0.64	0.72	0.75	0.80	0.75	0.78	0.74	0.76	0.71	0.73	0.70	0.73	0.69	0.72	0.74	0.78	0.73	0.78

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 16 periods

	MAR '15‡	MAR '16‡	MAR '17‡	MAR '18‡	MAR '19‡	MAR '20‡	MAR '21‡	MAR '22‡	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26
Share capital	27	27	27	27	27	27	27	27	27	27	27	27	27	27	27	27
Other equity / reserves	1,404	3,626	5,318	7,003	8,891	9,954	11,411	12,581	13,250	14,963	15,904	18,018	18,952	21,269	22,059	25,073
Total equity	1,431	3,653	5,345	7,030	8,919	9,981	11,438	12,608	13,277	14,990	15,931	18,046	18,980	21,296	22,086	25,100
Borrowings	58	23	112	151	187	144	157	59	123	196	269	276	264	266	296	319
Current liabilities	2,473	1,205	1,530	2,265	2,098	2,019	2,629	2,983	3,160	3,235	3,856	3,598	3,806	4,266	5,051	5,024
Non-current liabilities	329	81	134	227	370	450	492	610	795	973	1,274	1,484	1,595	1,612	1,807	2,039
Total assets	6,403	4,939	7,009	9,522	11,387	12,450	14,559	16,201	17,232	19,198	21,062	23,128	24,380	27,174	28,944	32,164
Property, plant & equipment	1,981	761	835	1,459	1,692	2,002	1,895	1,911	2,184	2,226	2,222	2,222	2,320	2,586	2,582	2,677
Capital work-in-progress	236	33	265	142	272	27	64	134	81	78	167	212	230	110	129	203
Investments	1,078	3,384	4,987	5,581	4,923	5,749	3,002	2,383	8,954	12,321	12,965	13,527	14,693	14,791	16,512	17,496
Inventories	646	308	336	395	633	572	875	1,132	1,446	1,278	1,570	1,410	1,792	1,564	1,835	1,968
Receivables	562	33	50	68	84	87	158	302	257	369	288	374	313	550	411	354
Cash & equivalents	353	36	17	92	727	43	94	51	140	89	125	107	147	219	249	234

Cash flow

annual · ₹ crore · line = free cash flow

showing latest 5 of 12 periods

	FY15‡	FY16‡	FY17‡	FY18‡	FY19‡	FY20‡	FY21‡	FY22	FY23	FY24	FY25	FY26
Cash from operations	1,047	1,463	1,708	2,482	1,575	1,694	1,691	1,527	2,847	3,742	3,980	4,805
Cash from investing	-1,214	-1,001	-1,744	-2,145	-660	-1,508	-1,625	-983	-2,422	-2,852	-2,483	-2,964
Cash from financing	-162	-466	25	-262	-292	-858	-15	-593	-417	-844	-1,399	-1,983
Capex	972	510	548	748	792	546	532	641	682	819	1,039	1,275
Free cash flow	76	953	1,160	1,734	784	1,148	1,159	886	2,165	2,923	2,941	3,530
Dividends paid	115	407	0	272	300	682	0	465	574	1,013	1,397	1,920

Where the assets sit

Mar '26 · ₹ crore

Fixed assets (PPE)

₹2,677 cr8%

CWIP

₹203 cr1%

Investments

₹17,496 cr54%

Inventories

₹1,968 cr6%

Receivables

₹354 cr1%

Cash & equivalents

₹234 cr1%

Other assets

₹9,232 cr29%

Peer comparison

largest in Automobile and Auto Components · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Maruti Suzuki India Ltd.	4,00,860	12,750.00	29.8	3.68	12.3%
Mahindra & Mahindra Ltd.	3,67,588	3,287.20	19.0	3.75	19.8%
Bajaj Auto Ltd.	2,99,543	10,900.00	22.9	8.18	35.7%
TVS Motor Company Ltd.	2,13,401	4,491.70	55.8	18.81	33.7%
Eicher Motors Ltd.	2,10,528	7,669.50	36.5	8.39	23.0%
Hyundai Motor India Ltd.	1,73,071	2,130.00	51.8	8.49	16.4%
Samvardhana Motherson International Ltd.	1,67,340	158.55	35.4	3.69	10.4%
Bosch Ltd.	1,49,565	50,700.00	56.5	19.51	34.6%
Hero MotoCorp Ltd.	1,10,343	5,513.00	18.4	4.71	25.6%
Tata Motors Passenger Vehicles Ltd.	1,07,602	292.00	1.4	0.96	70.7%

StoxGud checklist: Bullish setup · 9/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month+10.2%

6 months+4.7%

1 year+10.3%

3Y CAGR+29.7%

5Y CAGR+23.1%

10Y CAGR+12.3%

50-day avg₹7,398.70

200-day avg₹7,394.67

RSI (14)65

Long-term financials (FY13–FY13)

from published annual reports

Year	Revenue	Profit before tax	Net profit
FY13	₹5,130 Cr	₹349 Cr	₹288 Cr

Years before FY17 follow the older Indian GAAP standard, so they are not exactly comparable with recent years.

Compare Eicher Motors Ltd. with

Maruti Suzuki India vs Eicher Motors Mahindra & Mahindra vs Eicher Motors Bajaj Auto vs Eicher Motors TVS Motor Company vs Eicher Motors Eicher Motors vs Hyundai Motor India Eicher Motors vs Samvardhana Motherson International Eicher Motors vs Bosch

FAQs

What is the share price of Eicher Motors Ltd.?

Eicher Motors Ltd. (EICHERMOT) closed at ₹7,669.50 on NSE on 06 Nov 2026.

What is the market cap of Eicher Motors Ltd.?

₹2,10,528 crore at the latest close.

What is the P/E ratio of Eicher Motors Ltd.?

36.5, on trailing-twelve-month earnings from its filings.

How fast is Eicher Motors Ltd. growing?

Eicher Motors Ltd.: revenue has compounded at 17.5% a year over three years; net profit at 23.7% a year. Latest-quarter revenue is up 31.5% year on year, profit up 21.3%.

How profitable is Eicher Motors Ltd.?

On a trailing-twelve-month basis return on equity is 23.0%, return on capital employed 26.4%, operating margin 24.7%, net margin 23.1%.

How much debt does Eicher Motors Ltd. have?

Eicher Motors Ltd. is debt-free: debt to equity is 0.01 with borrowings of ₹319 cr against cash of ₹234 cr (balance sheet of 2026-03-31). Operating profit covers interest 85.6 times.

Financials parsed from Eicher Motors Ltd.'s own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from MAR '18, annual from FY18, balance sheet from Mar '15. * = derived (full year or half year minus earlier quarters). ‡ = balance sheet / cash flow read from the company's published annual report (same basis), for years before the NSE filings carry them; each one checked to add up. Information only, not investment advice.