High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
Profitability: Very strong Profitability. One year profit margin are 22%.
Past Returns: Outperforming stock! In past three years, the stock has provided 33.7% return compared to 7.8% by NIFTY 50.
Smart Money: Smart money has been increasing their position in the stock.
Size: It is among the top 200 market size companies of india.
Growth: Awesome revenue growth! Revenue grew 26.3% over last year and 67.5% in last three years on TTM basis.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Insider Trading: There's significant insider buying recently.
Balance Sheet: Strong Balance Sheet.
No major cons observed.
Valuation | |
|---|---|
| Market Cap | 2.21 LCr |
| Price/Earnings (Trailing) | 38.22 |
| Price/Sales (Trailing) | 8.33 |
| EV/EBITDA | 28.96 |
| Price/Free Cashflow | 62.54 |
| MarketCap/EBT | 33.32 |
| Enterprise Value | 2.21 LCr |
Fundamentals | |
|---|---|
| Revenue (TTM) | 26.5 kCr |
| Rev. Growth (Yr) | 29.4% |
| Earnings (TTM) | 5.77 kCr |
| Earnings Growth (Yr) | 21.3% |
Profitability | |
|---|---|
| Operating Margin | 25% |
| EBT Margin | 25% |
| Return on Equity | 23% |
| Return on Assets | 17.95% |
| Free Cashflow Yield | 1.6% |
Growth & Returns | |
|---|---|
| Price Change 1W | -0.70% |
| Price Change 1M | 4.6% |
| Price Change 6M | 1.3% |
| Price Change 1Y | 35.4% |
| 3Y Cumulative Return | 33.7% |
| 5Y Cumulative Return | 25.3% |
| 7Y Cumulative Return | 26.5% |
| 10Y Cumulative Return | 14% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -2.96 kCr |
| Cash Flow from Operations (TTM) | 4.8 kCr |
| Cash Flow from Financing (TTM) | -1.98 kCr |
| Cash & Equivalents | 234.29 Cr |
| Free Cash Flow (TTM) | 3.53 kCr |
| Free Cash Flow/Share (TTM) | 128.58 |
Balance Sheet | |
|---|---|
| Total Assets | 32.16 kCr |
| Total Liabilities | 7.06 kCr |
| Shareholder Equity | 25.1 kCr |
| Current Assets | 9.55 kCr |
| Current Liabilities | 5.02 kCr |
| Net PPE | 2.68 kCr |
| Inventory | 1.97 kCr |
| Goodwill | 0.00 |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.01 |
| Debt/Equity | 0.01 |
| Interest Coverage | 83.65 |
| Interest/Cashflow Ops | 62.38 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 82 |
| Dividend Yield | 1.02% |
| Shares Dilution (1Y) | 0.10% |
| Shares Dilution (3Y) | 0.30% |
Profitability: Very strong Profitability. One year profit margin are 22%.
Past Returns: Outperforming stock! In past three years, the stock has provided 33.7% return compared to 7.8% by NIFTY 50.
Smart Money: Smart money has been increasing their position in the stock.
Size: It is among the top 200 market size companies of india.
Growth: Awesome revenue growth! Revenue grew 26.3% over last year and 67.5% in last three years on TTM basis.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Insider Trading: There's significant insider buying recently.
Balance Sheet: Strong Balance Sheet.
No major cons observed.
Investor Care | |
|---|---|
| Dividend Yield | 1.02% |
| Dividend/Share (TTM) | 82 |
| Shares Dilution (1Y) | 0.10% |
| Earnings/Share (TTM) | 210.43 |
Financial Health | |
|---|---|
| Current Ratio | 1.9 |
| Debt/Equity | 0.01 |
Technical Indicators | |
|---|---|
| RSI (14d) | 54.8 |
| RSI (5d) | 31.78 |
| RSI (21d) | 60.37 |
| MACD Signal | Sell |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Buy |
| RSI Signal | Hold |
| RSI5 Signal | Hold |
| RSI21 Signal | Hold |
| SMA 5 Signal | Sell |
| SMA 10 Signal | Sell |
| SMA 20 Signal | Buy |
| SMA 50 Signal | Buy |
| SMA 100 Signal | Buy |
Summary of Eicher Motors's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
In the earnings call for the fourth quarter and fiscal year 2026, Eicher Motors management delivered a robust outlook, highlighting several key forward-looking points. The company achieved notable milestones, with Royal Enfield recording over 1.2 million motorcycle sales and VECV hitting a record of 100,000 units sold for the year, contributing to a combined revenue surpassing INR 50,000 crores for the first time.
Management expects a strong continued growth trajectory into FY27, citing a growth of 51% in April 2026 as evidence of ongoing demand strength. The company anticipates strong double-digit growth for the premium motorcycle category and is focused on enhancing its manufacturing capabilities with a brownfield expansion in Tamil Nadu (INR 958 crores) that will increase capacity to nearly 2 million units by Q2 FY28. Additionally, a new greenfield facility in Andhra Pradesh has been secured for future capacity enhancements.
A significant announcement was the establishment of a joint venture with Volvo for vehicle financing, with Eicher investing up to INR 750 crores. This venture aims to leverage financing as a sales tool while enhancing customer experience.
Financially, for FY26, Eicher Motors reported consolidated revenue of INR 23,408 crores and a profit after tax of INR 5,515 crores, underscoring its solid growth performance. Importantly, the final dividend recommended by the Board was INR 82 per share, reflecting a commitment to shareholder returns.
Overall, with strategic expansions, a focus on the electric motorcycle segment, and enhancements in customer financing solutions, Eicher Motors is poised for sustainable long-term growth.
1. Pramod Kumar's Question: "Given the demand for premium motorcycles in India and current inventory levels, how do you expect retail growth to pan out in FY 2027 for the premium motorcycle category?"
B. Govindarajan's Answer: In FY26, we sold 1.11 million motorcycles with a 23% growth. In April 2026, sales were up 57% year-on-year. Demand remains strong, with inquiry levels growing by 23%. Current inventory is low due to temporary issues. We're expanding capacity from 1.4 million to 1.6 million plus by Q2 FY28, and have investments planned to reach 2 million. Our products are performing well, indicating continued growth in the premium segment.
2. Kapil Singh's Question: "Any outlook you would like to share for FY27 growth for the industry or Royal Enfield?"
B. Govindarajan's Answer: Currently, we don't provide specific forward guidance. However, April sales grew by 31%, with demand growth at approximately 23%. Our inquiry rates and booking levels are strong. We are focused on fulfilling demand despite previous setbacks related to elections and supply disruptions, maintaining a positive outlook for FY27.
3. Raghunandhan NL's Question: "Can you talk a bit about the upcoming products showcased at EICMA, such as Bullet 650 and Flying Flea S6?"
B. Govindarajan's Answer: While I can't disclose exact timelines, our new products showcased at EICMA are on track. The Flying Flea has launched successfully, receiving positive feedback. The Bullet 650 dispatches have started, and we'll introduce additional products steadily, aligning with market demand and community preferences.
4. Kumar Rakesh's Question: "What is your strategy for the Greenfield plant regarding capacity expansion, and what timeline do you foresee?"
B. Govindarajan's Answer: We're acquiring 261 acres in Andhra Pradesh for future growth. The timeline for the Greenfield projects typically spans 24 to 30 months. We're currently focusing on maximizing capacity at our existing facilities, which will go from 1.6 million to 2 million by Q2 FY28.
5. Yash Agarwal's Question: "What role has replacement demand played, and how do you see the demand mix between urban and rural markets evolving?"
B. Govindarajan's Answer: First-time buyers are increasingly contributing to our sales, with 30% of our customers below 25. We are also expanding our presence in rural areas, which continues to perform well. The replacement demand is still emerging, with a double-digit growth market, though it's not yet at full capacity.
This summary captures the key questions and detailed responses from the earnings call's Q&A session, keeping within the requested character limits and providing clarity on company strategies and performance outlooks.
Understand Eicher Motors ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| THE SIMRAN SIDDHARTHA TARA BENEFIT TRUST (Name of trustees are mentioned in Note-4) | 43.83% |
| Hdfc Trustee Company Limited-Hdfc Flexi Cap Fund | 2.83% |
| Sbi Nifty 50 Etf | 2.23% |
| THE BRINDA LAL TRUST (Mrs Anita Lal, Mr. Vikram Lal & Mr. Ravi Prakash) | 1.77% |
| Nps Trust- A/C Lic Pension Fund Scheme - State Govt | 1.57% |
| TARA LAL | 1.15% |
| Simran Lal | 1.15% |
| Icici Prudential Large Cap Fund | 1.14% |
| Uti Nifty 50 Etf | 1.11% |
| SIDDHARTHA VIKRAM LAL | 1.05% |
| KARVANSARAI INVESTMENTS PRIVATE LIMITED | 0.06% |
| Body Corp-Ltd Liability Partnership | 0.02% |
| SIDDHARTHA LAL TRUST (Mr. Vikram Lal, Mr. Siddhartha Lal & Mrs. Natasha Jamal) | 0.02% |
| Vikram Lal | 0% |
| Anita Lal | 0% |
| Raghavendra Rai | 0% |
| Arjuna Lal Rai | 0% |
| NATASHA JAMAL | 0% |
| ZORAVAR LAL | 0% |
| LEILA NOOR LAL | 0% |
Distribution across major stakeholders
Distribution across major institutional holders
Detailed comparison of Eicher Motors against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| M&M | Mahindra & Mahindra | 4.26 LCr | 2.15 LCr | +7.00% | +0.90% | 20.72 | 1.98 | - | - |
| BAJAJ-AUTO | Bajaj Auto | 3.3 LCr | 73.82 kCr | +13.40% | +33.60% | 28.01 | 4.46 | - | - |
| TVSMOTOR | TVS Motor Co. | 2.09 LCr | 60.3 kCr | +15.80% | +35.90% | 60.85 | 3.46 | - | - |
| TATAMOTORS | Tata Motors | 1.18 LCr | 3.49 LCr | -4.20% | -53.60% | -34.92 | 0.34 | - | - |
| HEROMOTOCO | Hero MotoCorp | 1.15 LCr | 52.02 kCr | +14.00% | +11.80% | 21.08 | 2.21 | - | - |
| ASHOKLEY | Ashok Leyland | 1.02 LCr | 58.4 kCr | +12.90% | +30.60% | 29.36 | 1.75 | - | - |
Comprehensive comparison against sector averages
EICHERMOT metrics compared to Automobiles
| Category | EICHERMOT | Automobiles |
|---|---|---|
| PE | 37.97 | 13.60 |
| PS | 8.28 | 1.89 |
| Growth | 26.3 % | 4.2 % |
Eicher Motors is a prominent automobile company specializing in the manufacture and sale of 2/3 wheelers and commercial vehicles in India and internationally.
With a stock ticker of EICHERMOT and a market capitalization of Rs. 154,117 Crores, the company has established a strong presence in the automotive sector.
Eicher Motors designs, develops, manufactures, assembles, and sells a variety of products, including:
The company is well-known for owning the Royal Enfield motorcycle brand, which features popular models such as the Classic 350, Bullet 350, Meteor 350, Hunter 350, Himalayan 450, Scram 411, Interceptor 650, Continental GT 650, Super Meteor 650, Shotgun 650, and Thunderbird.
Additionally, through its joint venture, Volvo Eicher Commercial Vehicles Limited, Eicher Motors manufactures and sells light and medium-duty trucks, heavy-duty trucks, and buses under both Eicher and Volvo brands. They also offer connected vehicles through the Eicher LIVE platform, as well as medium-duty base engines, engineering components, and aggregates.
Founded in 1901 and headquartered in Chennai, India, Eicher Motors has reported a trailing 12 months revenue of Rs. 19,114.9 Crores and has demonstrated its commitment to shareholders by distributing dividends with a yield of 1.77% per year. Over the last year, it returned Rs. 88 per share in dividends.
Despite diluting shareholdings by 0.3% over the past three years, Eicher Motors remains a profitable enterprise, with a reported profit of Rs. 4,442.7 crores in the last four quarters and an impressive revenue growth of 82.4% over the same period.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
EICHERMOT vs Automobiles (2021 - 2026)