EICHERMOT · NSE
Eicher Motors Limited
₹7,516
+0.30% (+₹22.5)
Prev. close
₹7,493.5
Volume
4,19,526
Delivery %
70.7%
As of
18 Sept 2026
Price history
InCred Equities Analysis · InCred Equities · 11 Jul 2026
“Bullish on Eicher Motors with a target price of Rs 8,634, implying a potential upside of 17% from its current market price of Rs 7,361. This is part of selective opportunities identified in the large cap space amid a volatile 2026.”
Published mid-session at 09:34 IST. Tracking counts only prices printed after publication — the chart's dashed divider marks that moment; earlier prices never count toward entry or results.
Analyst sentiment
Analysts lean bullish
1 analyst stance · last 90 days · one per analyst
Trackable
1 · 1 bull / 0 neutral / 0 bear
Long-Horizon
none in window
Commentary
none in window
Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded
Analyst opinions
| Call | Analyst | Instrument | Verdict | Actions | |||
|---|---|---|---|---|---|---|---|
| “Bullish on Eicher Motors with a target price of Rs 8,634, implying a potential upside of 17% from its current market pri…” | InCred Equities AnalysisInCred Equities | Eicher Motors | PENDING | ||||
“Bullish on Eicher Motors with a target price of Rs 8,634, implying a potential upside of 17% from its current market price of Rs 7,361. This is part of selective opportunities identified in the large cap space amid a volatile 2026.” Target ₹8,634Track opinion → This call hasn't reached its evaluation window yet — the verdict will appear here once it's graded. | |||||||
Fundamentals
About Eicher Motors Limited
Eicher Motors Limited, an automobile company, engages in the manufacture and sale of motorcycles and commercial vehicles in India and internationally. The company designs, develops, manufactures, assembles, and sells two-wheelers, as well as related parts and accessories; motorcycle accessories; protective and performance gears; and lifestyle apparel products and accessories. It also provides motorcycle accessories; protective and performance gears; lifestyle apparel products and accessories; and parts and service support for riders across markets. In addition, the company owns the Royal Enfield motorcycle brand that offers Classic 350, Bullet 350, Meteor 350, Hunter 350, Himalayan 450, Scram 440 ADV Crossover, Interceptor 650, Bear 650, Guerrilla 450 modern roadster, Continental GT 650, Super Meteor 650, and Shotgun 650 models. The company was founded in 1901 and is headquartered in Chennai, India.
Details
Sector
Consumer Cyclical
Industry
Auto Manufacturers
CEO
Mr. Govindarajan Balakrishnan
Headquarters
Chennai
Employees
5,302
Website
eicher.inExchange
View on NSE ↗Key stats
Market cap
₹2.06 L Cr
P/E ratio (TTM)
35.7
Dividend yield
1.09%
EPS (TTM)
₹209.82
Beta (1Y · daily vs NIFTY 50)
1.26
Beta (5Y · monthly vs NIFTY 50)
0.87
Shares float
13.43 Cr
EPS · quarter ended Jun 2026
₹53.30
Upcoming earnings
12 Nov 2026
Financial Performance
01 · Financials
Revenue for Mar 2021–Mar 2022 is as filed with BSE (consolidated), and the first plotted growth figure is computed against Mar 2020 revenue as filed with BSE; the two sources' revenue definitions differ by 1.9% on Mar 2023. FY21 growth needs FY20 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹8,720.35 Cr | ₹10,297.83 Cr | ₹14,442.18 Cr | ₹16,535.78 Cr | ₹18,870.35 Cr | ₹23,407.56 Cr | |
| EBITDA | ₹2,234.44 Cr | ₹2,613.07 Cr | ₹4,353.86 Cr | ₹5,850.50 Cr | ₹6,716.74 Cr | ₹8,013.96 Cr |
| ₹1,347.00 Cr | ₹1,677.00 Cr | ₹2,913.94 Cr | ₹4,001.01 Cr | ₹4,734.44 Cr | ₹5,515.23 Cr | |
| Diluted EPS | ₹49.24 | ₹61.26 | ₹106.38 | ₹145.92 | ₹172.37 | ₹200.73 |
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹14,558.61 Cr | ₹16,139.83 Cr | ₹19,197.64 Cr | ₹23,115.00 Cr | ₹27,174.00 Cr | ₹32,164.00 Cr | |
| ₹219.25 Cr | ₹107.71 Cr | ₹288.41 Cr | ₹419.44 Cr | ₹458.13 Cr | ₹513.95 Cr | |
| Stockholders' equity | ₹11,438.08 Cr | ₹12,580.66 Cr | ₹14,962.93 Cr | ₹18,045.00 Cr | ₹21,296.00 Cr | ₹25,100.00 Cr |
Current assets, Non-current assets, Others, Long-term debt have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹1,713.57 Cr | ₹1,527.04 Cr | ₹2,823.00 Cr | ₹3,724.00 Cr | ₹3,980.00 Cr | ₹4,805.00 Cr | |
| Investing cash flow | ₹-1,647.90 Cr | ₹-983.25 Cr | ₹-2,421.60 Cr | ₹-2,851.97 Cr | ₹-2,483.34 Cr | ₹-2,963.98 Cr |
| ₹-14.76 Cr | ₹-593.36 Cr | ₹-417.00 Cr | ₹-844.00 Cr | ₹-1,399.00 Cr | ₹-1,983.00 Cr | |
| Capital expenditure | ₹-554.82 Cr | ₹-640.83 Cr | ₹-682.49 Cr | ₹-818.51 Cr | ₹-1,039.33 Cr | ₹-1,275.26 Cr |
| End cash position | ₹94.12 Cr | ₹44.55 Cr | ₹52.97 Cr | ₹98.39 Cr | ₹218.96 Cr | ₹207.39 Cr |
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Sep 21–Dec 21(2Q) | Mar 22–Dec 22(4Q) | Mar 23 | Jun 23 | Sep 23 | Dec 23–Mar 24(2Q) | Jun 24 | Sep 24 | Dec 24 | Mar 25 | Jun 25 | Sep 25–Mar 26(3Q) | Jun 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 49.22% | 49.21% | 49.20% | 49.17% | 49.16% | 49.15% | 49.11% | 49.10% | 49.09% | 49.08% | 49.07% | 49.06% | 49.02% |
| Public | 50.78% | 50.79% | 50.80% | 50.83% | 50.84% | 50.85% | 50.89% | 50.90% | 50.91% | 50.92% | 50.93% | 50.94% | 50.98% |
| Employee trusts | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Consumer Cyclical
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| Titan Company Limited | ₹4.36 L Cr | ₹4,841 | 75.4 | 27.74 | 32.3% | 1.95 | +44.8% | +37.4% |
| Maruti Suzuki India Limited | ₹3.88 L Cr | ₹12,103 | 27.0 | 3.62 | 13.7% | 0.00 | +20.1% | -23.5% |
| Mahindra & Mahindra Limited | ₹3.69 L Cr | ₹3,076.5 | 18.7 | 3.96 | 18.4% | 1.44 | +24.1% | -15.3% |
| Bajaj Auto Limited | ₹3.18 L Cr | ₹11,500 | 27.6 | 8.20 | 27.7% | 0.58 | +22.6% | +26.6% |
| ETERNAL LIMITED | ₹2.97 L Cr | ₹326.85 | 671.6 | 9.58 | 1.2% | 0.15 | +168.6% | -3.3% |
| Eicher Motors Limited | ₹2.06 L Cr | ₹7,516 | 35.7 | 8.20 | 22.0% | 0.02 | +23.9% | +8.5% |
| TVS Motor Company Limited | ₹1.95 L Cr | ₹4,171.3 | 55.9 | 20.38 | 31.6% | 3.43 | +29.2% | +17.6% |
| Hyundai Motor India Limited | ₹1.74 L Cr | ₹2,155 | 35.7 | 8.69 | 27.1% | 0.05 | +2.1% | -17.2% |
| Samvardhana Motherson International Limited | ₹1.70 L Cr | ₹162.57 | 38.9 | 4.16 | 9.4% | 0.47 | +11.1% | +49.2% |
| Tata Motors Limited | ₹1.63 L Cr | ₹442.9 | 37.9 | 12.81 | 23.8% | 0.44 | +44.3% | — |
| Trent Limited | ₹1.49 L Cr | ₹2,824 | 82.0 | 21.29 | 24.6% | 0.37 | +17.6% | -45.1% |
| Bosch Limited | ₹1.41 L Cr | ₹47,000 | 59.7 | 9.48 | 18.7% | 0.01 | +10.8% | +17.8% |
Ranked by market cap within Consumer Cyclical, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 26
Concall transcripts
Show all 12
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
67 indices
NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.