Eicher Motors Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Excellent return on equity (ROE 24%)
- Efficient capital deployment (ROCE 30.5%)
- Virtually debt-free
Concerns
Today's Price Action
The stock closed at ₹7300 with zero net change, matching the 20‑day average volume of 3,77,143 shares; the identical price and volume levels indicate a tight range‑bound consolidation without any discernible buying or selling imbalance. Such a pattern typically reflects a pause in momentum as market participants await fresh catalysts or broader market direction.
Valuation Snapshot
The trailing price‑to‑earnings multiple stands at 33.4, while the sector‑wide P/E benchmark is not disclosed, limiting a direct peer‑group comparison but suggesting that the stock trades at a higher earnings multiple than many mature automotive peers. A return on equity of 24 % denotes robust profitability and efficient capital utilisation, underscoring the company’s capability to generate earnings relative to shareholders’ equity.
Key Levels to Watch
The current price is roughly 11 % above the 52‑week low of ₹6439 and about 11 % below the 52‑week high of ₹8233, situating it in the mid‑range of the annual trading band where supply‑demand dynamics often become balanced. Open‑interest data for the nearest front‑month futures show modest resistance near the ₹7500‑₹7550 corridor and a comparable support cluster around ₹7100‑₹7150, reflecting the points where large contract holders have positioned themselves.
Chart Pattern
On the daily chart, a bullish Marubozu formed two sessions ago, followed by a bullish engulfing three sessions ago and a hammer six sessions ago; the succession of these three bullish candlesticks on the same timeframe signals that recent price action has been dominated by higher closes and relatively strong buying pressure during the observed period.
Data Summary
Eicher Motors Limited trades at a price‑to‑book ratio of 0, meaning market price essentially equals book value per share, which often points to a balance between market perception and underlying net asset levels. The market‑capitalisation figure is not disclosed in the snapshot, and the stock’s one‑year price range spans from a low of ₹6439 to a high of ₹8233, providing a clear envelope for historical volatility.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| M&M Mahindra & Mahindra Limited | ₹2,870 | ₹3.6L Cr | 18.6 | 3.83 | 20.3 | 15.1 | 1.53 |
| MARUTI Maruti Suzuki India Limited | ₹11,579 | ₹3.5L Cr | 24.6 | 3.4 | 14.3 | 18.9 | 0 |
| BAJAJ-AUTO Bajaj Auto Limited | ₹10,485 | ₹2.8L Cr | 23.5 | 7.55 | 29.2 | 28.2 | 0.58 |
| TVSMOTOR TVS Motor Company Limited | ₹4,240 | ₹1.9L Cr | 54.7 | 21.09 | 33.6 | 17.4 | 3.89 |
| MOTHERSON Samvardhana Motherson International Limited | ₹160 | ₹1.6L Cr | 35.4 | 4.13 | 11.2 | 13.4 | 0.53 |
| HYUNDAI Hyundai Motor India Limited | ₹1,867 | ₹1.5L Cr | 30.4 | 7.59 | 29.9 | 38.4 | 0.05 |
| BOSCHLTD Bosch Limited | ₹47,625 | ₹1.3L Cr | 55 | 9.46 | 14.6 | 21.5 | 0.01 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
EICHERMOT · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 49.15% | 49.14% | 49.11% | 49.10% | 49.09% | 49.08% |
| FII | 30.27% | 28.95% | 28.81% | 27.61% | 25.42% | 25.02% |
| DII | 9.73% | 11.04% | 11.84% | 13.67% | 16.11% | 16.55% |
| Public | 10.76% | 10.77% | 10.14% | 9.52% | 9.30% | 9.26% |
| Govt | 0.10% | 0.10% | 0.10% | 0.10% | 0.10% | 0.10% |
Corporate Events
Dividend - Rs 82 Per Share
To consider and approve the financial results for the period ended Jun 30, 2026
EICHER MOTORS LIMITED has informed the Exchange about Board Meeting to be held on 22-May-2026 to consider and approve the Yearly Audited Financial results & Financial Statement of the Company for the period ended March 31, 2026 and final dividend
Dividend - Rs 70 Per Share
Dividend - Rs 51 Per Share
Annual General Meeting/Dividend - Rs 37 Per Share
Latest News
All newsEicher launches Flying Flea C6 in five European cities
*Eicher launches Flying Flea C6 in five European cities.* The company has rolled out the Flying Flea C6 model in **Paris, Barcelona, Rome, Berlin, and London**, marking a strategic push into European urban mobility. This launch strengthens Eicher’s international footprint and targets premium e-mobility demand. Expansion could boost revenue visibility in H2FY27. 📊 *STOCKS:* $EICHERMOT | 🏢 *SECTOR:* Auto | #MEDIUMIMPACT #ProductLaunch
Eicher Motors to host analyst investor meet
*Eicher Motors to host an analyst and institutional investor meet.* The event aims to provide updates on company performance and strategy. Specific financial figures or guidance may be disclosed. Traders may watch for sentiment cues ahead of the con-call. 📊 *STOCKS:* $EICHERMOT | 🏢 *SECTOR:* Auto | #MEDIUMIMPACT #InvestorMeet
India mulls BS7 emission norms, auto firms plan capex
*India mulls BS7 emission norms, auto firms plan capex.* The government has entered a consultative phase on introducing BS7 emission standards, prompting commercial vehicle makers to draft capex plans. While no timeline is set, the move signals stricter future regulations. Transitioning to BS7 from BS6 may require **₹5,000–7,000 crore** in cumulative industry investment. 📊 *STOCKS:* $TATAMOTORS $ASHOKLEY $M&M $EICHERMOT | 🏢 *SECTOR:* Auto | #MEDIUMIMPACT #BS7
Eicher Motors notifies special window for physical securities transfer
*Eicher Motors notifies a special window for transfer of physical securities.* This is an administrative update allowing shareholders to transfer physical shares under a defined period. No financial impact is expected as it does not affect share valuation or ownership rights. 📊 *STOCKS:* $EICHERMOT | 🏢 *SECTOR:* Auto | #LOWIMPACT #CorporateAction
Eicher launches Classic 350 Signature White Edition
*Eicher launches Classic 350 Signature White Edition* to boost Royal Enfield's premium appeal. The new variant adds a limited-edition color option to the popular 350cc cruiser. While unlikely to move earnings significantly, it enhances brand engagement. Launch timing targets festive season demand. 📊 *STOCKS:* EICHERMOT | 🏢 *SECTOR:* Auto | #LOWIMPACT #ProductLaunch
Eicher Motors hosts analyst and investor meet.
*Eicher Motors hosts analyst and investor meet.* The company provided updates during its recent investor interaction session. No major announcements on performance or strategy were disclosed. The transcript is now available for review. 📊 *STOCKS:* $EICHERMOT | 🏢 *SECTOR:* Auto | #LOWIMPACT #InvestorMeet
Eicher Motors to hold 44th AGM
*Eicher Motors to hold 44th AGM.* The company has published notice for its annual general meeting as per regulatory norms. **No business updates or financial figures** were disclosed in the filing. The event is routine and primarily for shareholder engagement. 📊 *STOCKS:* EICHERMOT | 🏢 *SECTOR:* Auto | #LOWIMPACT #AGM
Eicher Motors shares to trade ex-split on July 10
*Eicher Motors shares to trade ex-split on July 10.* The company has published the newspaper notice for its **1:1 stock split** effective July 10, 2024. Shareholders as of July 5 will receive **one bonus share per share held**. Trading will begin at the post-split price from July 10. 📊 *STOCKS:* EICHERMOTORS | 🏢 *SECTOR:* Auto | #LOWIMPACT #stock-split
Volvo Group ties up with Eicher Motors in joint venture
*Volvo Group ties up with Eicher Motors in joint venture.* The collaboration aims to strengthen Volvo’s presence in the Indian commercial vehicle market. The move is expected to leverage Eicher’s manufacturing expertise and distribution network. Financial terms of the deal were not disclosed. 📊 *STOCKS:* EICHERMOT | 🏢 *SECTOR:* Auto | #MEDIUMIMPACT #JointVenture
Volvo, Eicher Motors form joint venture
*Volvo Group and Eicher Motors announce joint venture.* The partnership aims to strengthen commercial vehicle operations in India. Strategic move expected to enhance product offerings and market reach. 📊 *STOCKS:* EICHERMOT | 🏢 *SECTOR:* Auto | #MEDIUMIMPACT #JointVenture
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹6.1K Cr 0.9% | ₹6.2K Cr 22.4% | ₹5.0K Cr 3.8% | ₹5.2K Cr 5.4% | ₹5.0K Cr 16.7% | ₹4.3K Cr 3.0% | ₹4.4K Cr 3.2% | ₹4.3K Cr |
| Op. Profit | ₹1.6K Cr 3.0% | ₹1.5K Cr 25.7% | ₹1.2K Cr 4.4% | ₹1.3K Cr 4.7% | ₹1.2K Cr 10.4% | ₹1.1K Cr 6.6% | ₹1.2K Cr 3.2% | ₹1.1K Cr |
| OPM | 25.0% 4.2% | 24.0% 0.0% | 24.0% 0.0% | 24.0% 0.0% | 24.0% 7.7% | 26.0% 3.7% | 27.0% 0.0% | 27.0% |
| Net Profit | ₹1.4K Cr 3.8% | ₹1.4K Cr 13.6% | ₹1.2K Cr 11.5% | ₹1.4K Cr 16.4% | ₹1.2K Cr 6.4% | ₹1.1K Cr 0.1% | ₹1.1K Cr 2.9% | ₹1.1K Cr |
| EPS (₹) | 51.79 3.7% | 49.93 13.6% | 43.95 11.5% | 49.68 16.3% | 42.7 6.4% | 40.15 0.1% | 40.2 2.8% | 39.1 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹23.4K Cr 24.0% | ₹18.9K Cr 14.1% | ₹16.5K Cr 14.5% | ₹14.4K Cr 40.2% | ₹10.3K Cr 18.1% | ₹8.7K Cr 4.7% | ₹9.2K Cr 6.6% | ₹9.8K Cr 9.3% | ₹9.0K Cr 27.5% | ₹7.0K Cr |
| Expenses | ₹17.6K Cr 24.5% | ₹14.1K Cr 15.9% | ₹12.2K Cr 11.0% | ₹11.0K Cr 35.4% | ₹8.1K Cr 17.1% | ₹6.9K Cr 0.5% | ₹7.0K Cr 1.1% | ₹6.9K Cr 12.0% | ₹6.2K Cr 26.7% | ₹4.9K Cr |
| Op. Profit | ₹5.8K Cr 22.6% | ₹4.7K Cr 9.1% | ₹4.3K Cr 25.6% | ₹3.4K Cr 58.2% | ₹2.2K Cr 22.2% | ₹1.8K Cr 18.3% | ₹2.2K Cr 24.8% | ₹2.9K Cr 3.4% | ₹2.8K Cr 29.2% | ₹2.2K Cr |
| OPM | 25.0% 0.0% | 25.0% 3.8% | 26.0% 8.3% | 24.0% 14.3% | 21.0% 5.0% | 20.0% 16.7% | 24.0% 20.0% | 30.0% 3.2% | 31.0% 0.0% | 31.0% |
| Other Income | ₹2.2K Cr 11.6% | ₹2.0K Cr 31.1% | ₹1.5K Cr 67.5% | ₹908 Cr 83.1% | ₹496 Cr 2.9% | ₹482 Cr 15.7% | ₹572 Cr 18.4% | ₹701 Cr 30.8% | ₹536 Cr 28.8% | ₹416 Cr |
| Interest | ₹72 Cr 33.3% | ₹54 Cr 5.9% | ₹51 Cr 82.1% | ₹28 Cr 47.4% | ₹19 Cr 18.8% | ₹16 Cr 15.8% | ₹19 Cr 171.4% | ₹7 Cr 40.0% | ₹5 Cr 25.0% | ₹4 Cr |
| Depreciation | ₹840 Cr 15.2% | ₹729 Cr 21.9% | ₹598 Cr 13.7% | ₹526 Cr 16.4% | ₹452 Cr 0.2% | ₹451 Cr 18.1% | ₹382 Cr 27.3% | ₹300 Cr 34.5% | ₹223 Cr 44.8% | ₹154 Cr |
| PBT | ₹7.1K Cr 19.7% | ₹5.9K Cr 14.1% | ₹5.2K Cr 36.9% | ₹3.8K Cr 72.5% | ₹2.2K Cr 22.5% | ₹1.8K Cr 23.7% | ₹2.4K Cr 28.6% | ₹3.3K Cr 5.8% | ₹3.1K Cr 28.1% | ₹2.4K Cr |
| Tax % | 22.0% 10.0% | 20.0% 13.0% | 23.0% 0.0% | 23.0% 4.2% | 24.0% 4.0% | 25.0% 13.6% | 22.0% 33.3% | 33.0% 10.0% | 30.0% 0.0% | 30.0% |
| Net Profit | ₹5.5K Cr 16.5% | ₹4.7K Cr 18.3% | ₹4.0K Cr 37.3% | ₹2.9K Cr 73.8% | ₹1.7K Cr 24.5% | ₹1.3K Cr 26.3% | ₹1.8K Cr 17.1% | ₹2.2K Cr 12.4% | ₹2.0K Cr 17.6% | ₹1.7K Cr |
| EPS (₹) | 201.06 16.4% | 172.69 18.2% | 146.13 37.1% | 106.55 73.8% | 61.32 24.4% | 49.28 26.3% | 66.91 17.1% | 80.75 12.3% | 71.89 17.3% | 61.27 |
| Div Payout | 41.0% 0.0% | 41.0% 17.1% | 35.0% 0.0% | 35.0% 2.9% | 34.0% 0.0% | 34.0% 78.9% | 19.0% 26.7% | 15.0% 0.0% | 15.0% 6.3% | 16.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹27 Cr 0.0% | ₹27 Cr 0.0% | ₹27 Cr 0.0% | ₹27 Cr 0.0% | ₹27 Cr 0.0% | ₹27 Cr 0.0% | ₹27 Cr 0.0% | ₹27 Cr 0.0% | ₹27 Cr 0.0% | ₹27 Cr |
| Reserves | ₹22.1K Cr 3.7% | ₹21.3K Cr 18.0% | ₹18.0K Cr 20.4% | ₹15.0K Cr 18.9% | ₹12.6K Cr 10.3% | ₹11.4K Cr 14.6% | ₹10.0K Cr 12.0% | ₹8.9K Cr 27.0% | ₹7.0K Cr 31.7% | ₹5.3K Cr |
| Borrowings | ₹446 Cr 2.6% | ₹458 Cr 9.3% | ₹419 Cr 45.5% | ₹288 Cr 166.7% | ₹108 Cr 50.7% | ₹219 Cr 12.0% | ₹249 Cr 33.2% | ₹187 Cr 23.8% | ₹151 Cr 34.8% | ₹112 Cr |
| Other Liabilities | ₹6.4K Cr 18.3% | ₹5.4K Cr 16.6% | ₹4.7K Cr 18.7% | ₹3.9K Cr 14.5% | ₹3.4K Cr 18.0% | ₹2.9K Cr 30.7% | ₹2.2K Cr 2.7% | ₹2.3K Cr 2.6% | ₹2.3K Cr 50.8% | ₹1.6K Cr |
| Total Liabilities | ₹28.9K Cr 6.5% | ₹27.2K Cr 17.6% | ₹23.1K Cr 20.4% | ₹19.2K Cr 18.9% | ₹16.1K Cr 10.9% | ₹14.6K Cr 16.9% | ₹12.4K Cr 9.3% | ₹11.4K Cr 19.6% | ₹9.5K Cr 35.9% | ₹7.0K Cr |
Assets | ||||||||||
| Fixed Assets | ₹4.0K Cr 16.2% | ₹3.5K Cr 19.2% | ₹2.9K Cr 8.3% | ₹2.7K Cr 11.0% | ₹2.4K Cr 0.4% | ₹2.4K Cr 2.3% | ₹2.4K Cr 26.8% | ₹1.9K Cr 24.8% | ₹1.5K Cr 72.1% | ₹873 Cr |
| CWIP | ₹129 Cr 73.7% | ₹491 Cr 11.5% | ₹555 Cr 17.6% | ₹472 Cr 6.5% | ₹505 Cr 60.8% | ₹314 Cr 0.6% | ₹312 Cr 30.7% | ₹450 Cr 35.1% | ₹333 Cr 11.0% | ₹374 Cr |
| Investments | ₹16.5K Cr 11.6% | ₹14.8K Cr 9.3% | ₹13.5K Cr 9.8% | ₹12.3K Cr 59.6% | ₹7.7K Cr 97.9% | ₹3.9K Cr 32.1% | ₹5.7K Cr 16.8% | ₹4.9K Cr 11.8% | ₹5.6K Cr 11.9% | ₹5.0K Cr |
| Other Assets | ₹8.3K Cr 1.8% | ₹8.4K Cr 37.6% | ₹6.1K Cr 64.7% | ₹3.7K Cr 32.3% | ₹5.5K Cr 30.6% | ₹7.9K Cr 97.2% | ₹4.0K Cr 3.1% | ₹4.1K Cr 96.6% | ₹2.1K Cr 171.7% | ₹775 Cr |
| Total Assets | ₹28.9K Cr 6.5% | ₹27.2K Cr 17.6% | ₹23.1K Cr 20.4% | ₹19.2K Cr 18.9% | ₹16.1K Cr 10.9% | ₹14.6K Cr 16.9% | ₹12.4K Cr 9.3% | ₹11.4K Cr 19.6% | ₹9.5K Cr 35.9% | ₹7.0K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹4.0K Cr 6.9% | ₹3.7K Cr 31.9% | ₹2.8K Cr 84.9% | ₹1.5K Cr 9.7% | ₹1.7K Cr 0.2% | ₹1.7K Cr 7.6% | ₹1.6K Cr 36.5% | ₹2.5K Cr 45.3% | ₹1.7K Cr 16.7% | ₹1.5K Cr |
| Investing CF | ₹-2.5K Cr 13.2% | ₹-2.8K Cr 18.2% | ₹-2.4K Cr 143.8% | ₹-983 Cr 39.5% | ₹-1.6K Cr 7.8% | ₹-1.5K Cr 128.5% | ₹-660 Cr 69.2% | ₹-2.1K Cr 23.0% | ₹-1.7K Cr 74.2% | ₹-1.0K Cr |
| Financing CF | ₹-1.4K Cr 65.8% | ₹-844 Cr 102.4% | ₹-417 Cr 29.7% | ₹-593 Cr 3853.3% | ₹-15 Cr 98.3% | ₹-858 Cr 193.8% | ₹-292 Cr 11.5% | ₹-262 Cr 1148.0% | ₹25 Cr 105.4% | ₹-466 Cr |
| Net Cash Flow | ₹121 Cr 168.9% | ₹45 Cr 462.5% | ₹8 Cr 116.0% | ₹-50 Cr 198.0% | ₹51 Cr 107.6% | ₹-673 Cr 208.0% | ₹623 Cr 730.7% | ₹75 Cr 850.0% | ₹-10 Cr 150.0% | ₹-4 Cr |
| Free Cash Flow | ₹3.0K Cr 1.4% | ₹2.9K Cr 35.4% | ₹2.1K Cr 142.0% | ₹888 Cr 24.5% | ₹1.2K Cr 2.3% | ₹1.1K Cr 46.3% | ₹786 Cr 54.7% | ₹1.7K Cr 49.5% | ₹1.2K Cr 21.7% | ₹954 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 11d 37.5% | 8d 11.1% | 9d 18.2% | 11d 57.1% | 7d 133.3% | 3d 0.0% | 3d 0.0% | 3d 0.0% | 3d 50.0% | 2d |
| Inventory Days | 55d 3.5% | 57d 0.0% | 57d 17.4% | 69d 11.3% | 62d 47.6% | 42d 8.7% | 46d 48.4% | 31d 6.1% | 33d 0.0% | 33d |
| Days Payable | 90d 5.9% | 85d 6.3% | 80d 27.3% | 110d 1.9% | 108d 45.9% | 74d 16.9% | 89d 3.3% | 92d 22.7% | 75d 2.6% | 77d |
| Cash Conv. Cycle | -24d 26.3% | -19d 35.7% | -14d 51.7% | -29d 25.6% | -39d 39.3% | -28d 30.0% | -40d 31.0% | -58d 45.0% | -40d 4.8% | -42d |
| Working Capital Days | 31d 520.0% | 5d 135.7% | -14d 6.7% | -15d 50.0% | -30d 31.8% | -44d 4.8% | -42d 34.4% | -64d 16.4% | -55d 17.0% | -47d |
| ROCE | 30.0% 3.2% | 31.0% 14.8% | 27.0% 50.0% | 18.0% 5.9% | 17.0% 32.0% | 25.0% 39.0% | 41.0% 16.3% | 49.0% 7.5% | 53.0% 3.9% | 51.0% |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About Eicher Motors Limited
Eicher Motors Limited, incorporated in 1982, is the listed company of the Eicher Group in India and a leading player in the Indian automobile industry and the global leader in middleweight motorcycles. Eicher has a joint venture with Sweden’s AB Volvo to create Volvo Eicher Commercial Vehicles Limited (VECV). VECV is engaged in truck and bus operations, auto components business, and technical consulting services business [1]
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