EICHER MOTORS LTD
Latest filings
- Newspaper ad on SEBI special window for physical share transfer · Compliance
- Reg 74(5) compliance certificate for Q2 FY27 share dematerialisation · Compliance
- VECV September 2026 sales up 49.6% YoY at 11,396 units · Business Updates
Snapshot
What the business is, and whether it's a good one at a fair price.
Operates two distinct businesses: a standalone motorcycle business under the Royal Enfield brand and a commercial vehicle joint venture (VECV) with Volvo Group. Royal Enfield designs, manufactures and sells premium mid-size motorcycles and in FY26 sold 12.27 lakh units, of which around 1.1 million were domestic and 1,20,634 were exported; it opened its electric motorcycle line with the Flying Flea C6 launched in Bangalore in April 2026. VECV, an unlisted subsidiary JV, manufactures and sells trucks and buses including Eicher branded trucks, Volvo trucks, and the Pro X range, and delivered 1,03,404 vehicles in FY26 (+15% YoY). A new 50:50 joint venture with Volvo for captive vehicle financing was announced against an investment of up to ₹750 crore for a 50% stake in Volvo Financial Services India. Capacity is being expanded with a ₹958 crore brownfield project at Cheyyar (taking capacity to 2 million units by Q2 FY28) and a ₹1,225 crore Phase I greenfield plant in Andhra Pradesh targeted for FY29-30. The biggest cost line is materials at 53.4% of revenue, with employees at 7.0% and other operating expenses at 12.5%.
Scorecard
Measured from the filed financials, judged against its 2/3 Wheelers peers · as of FY26 — not investment advice
Strengths
Concerns
Nothing flagged in the filed numbers.Charts
How has the market priced it — with filings on the timeline?
EICHERMOT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Peers
How does it stack up on valuation, returns and growth?
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Financials
Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.
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Ownership
Who owns it — and is the promoter stake clean?
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Common questions
Answered from EICHER MOTORS LTD's filed financials and exchange disclosures
What does EICHER MOTORS LTD do?
EICHER MOTORS LTD is a Automobiles company listed on NSE and BSE, trading under the symbol EICHERMOT.
Is EICHER MOTORS LTD profitable?
Yes. Over the trailing twelve months EICHER MOTORS LTD reported a net profit of ₹5,773 Cr on revenue of ₹24,998 Cr.
Does EICHER MOTORS LTD pay a dividend?
Yes. The dividend yield is 0.96% at the current price. It paid out 35% of its profit as dividend in FY26.
Is EICHER MOTORS LTD debt-free?
No. It reported borrowings of ₹319 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹85 Cr after cash. Debt stands at 0.01× equity. That is lower than 100% of its 6 2/3 Wheelers peers.
Is EICHER MOTORS LTD expensive compared with its peers?
On trailing P/E, EICHER MOTORS LTD ranks 4 of 7 in 2/3 Wheelers — cheaper than 50% of them, against an industry median of 34.7×. This is a position, not a valuation judgement.
How much does the EICHER MOTORS LTD share price move in a day?
On a typical session EICHER MOTORS LTD moves 0.88% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.
Where can I track EICHER MOTORS LTD's announcements?
Every NSE and BSE filing by EICHER MOTORS LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.
Figures are as last reported and may lag the latest filing. Not investment advice.