Eicher Motors Ltd.

BSE: EICHERMOT505200ISIN INE066A01021

Consumer Discretionary
2/3 Wheelers
BSE 100

BSE listing

Share price

₹7,500.00-10.30 (-0.14%)

as of 18 Sep 2026

52W high: ₹8,232.80
52W low: ₹6,439.45
Off 52W high: -8.90%
1M return: -5.80%
3M return: -1.68%
6M return: +8.57%
1Y return: +8.32%
20D avg volume: 24,717
50 DMA: ₹7,788.26
200 DMA: ₹7,398.98

Key ratios Consolidated

Market cap: ₹2,05,891 Cr
Current price: ₹7,500.00
52W high / low: ₹8,232.80 / ₹6,439.45
Face value: ₹1.00
P/E: 35.66
P/B: —
EPS (TTM): ₹210.29
Book value / share: —
ROE: —
ROCE: 23.50%
Operating margin: —
Net margin: —
Debt / equity: 0.01
Net debt: ₹84.72 Cr
Interest cover: 89.13
Dividend yield: 1.09%
Dividend / share (TTM): ₹82.00
Payout: 38.99%
Cash conversion cycle: -6.5 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	6,632	6,080	6,114	6,172	5,042	5,241	4,973	4,263	4,393	4,256	4,179	4,115
	466.31	352.19	337.36	350.92	446.06	380.39	288.78	353.78	281.95	305.15	253.73	273.78
	5,341	4,818	4,786	4,878	4,052	4,200	3,965	3,369	3,409	3,308	3,249	3,183
	3,324	3,192	3,200	3,377	2,734	2,686	2,544	2,380	2,344	2,164	2,047	2,282
	261.48	216.04	252.59	148.66	218.00	113.35	103.02	187.27	103.79	96.63	137.38	123.97
	449.69	415.55	430.15	417.92	373.95	349.26	341.99	346.36	353.62	327.60	309.33	306.11
	21.65	20.20	17.27	19.16	14.90	15.54	13.39	13.14	12.27	15.34	12.43	12.68
	277.55	231.65	211.10	199.56	198.06	201.37	179.27	180.06	168.63	165.25	147.54	142.54
	712.53	768.75	728.98	767.02	652.49	707.30	698.27	546.60	517.84	524.38	521.35	501.18
	1,758	1,614	1,666	1,644	1,436	1,421	1,297	1,248	1,266	1,253	1,184	1,206
	0.00	0.00	-55.45	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	1,758	1,614	1,610	1,644	1,436	1,421	1,297	1,248	1,266	1,253	1,184	1,206
	462.72	416.91	372.59	409.56	387.77	307.01	290.32	261.72	339.58	314.56	301.91	291.09
	1,463	1,520	1,421	1,369	1,205	1,362	1,170	1,100	1,101	1,070	995.97	1,016
	53.30	55.41	51.79	49.93	43.95	49.69	42.70	40.15	40.21	39.10	36.38	37.13
Key metrics
	2,057	1,866	1,839	1,863	1,649	1,638	1,490	1,442	1,447	1,434	1,344	1,361
	31.00%	30.70%	30.10%	30.20%	32.70%	31.30%	30.00%	33.80%	32.90%	33.70%	32.20%	33.10%
	22.10%	25.00%	23.20%	22.20%	23.90%	26.00%	23.50%	25.80%	25.10%	25.20%	23.80%	24.70%
	—	6.00%	—	7.00%	—	6.30%	—	—	—	—	—	—
	31.50%	16.00%	22.90%	44.80%	14.80%	23.10%	19.00%	3.60%	—	—	—	—
	21.30%	11.60%	21.40%	24.50%	9.40%	27.30%	17.50%	8.30%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	24,998	23,408	18,870	16,536	14,442	10,298	8,720	9,154	9,797	9,219
	1,507	1,487	1,305	1,076	595.11	440.82	453.19	543.25	443.39	280.10
	19,823	18,534	14,942	12,857	11,553	8,596	7,406	7,374	7,202	6,640
	13,093	12,502	9,953	8,723	7,844	5,765	5,053	4,661	5,056	4,516
	878.77	835.26	507.43	454.58	431.20	339.03	266.10	250.68	211.65	161.76
	1,713	1,638	1,391	1,236	1,002	821.02	843.23	795.78	702.44	573.68
	78.28	71.53	54.34	50.88	28.02	18.78	16.45	18.88	7.33	5.34
	919.86	840.37	729.33	597.60	526.21	451.93	450.73	381.54	300.28	—
	2,977	2,917	2,470	1,993	1,785	1,349	983.10	1,182	1,134	940.16
	6,682	6,360	5,233	4,754	3,484	2,142	1,767	2,323	3,039	2,859
	-55.45	-55.45	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	6,626	6,304	5,233	4,754	3,484	2,142	1,767	2,323	3,039	2,859
	1,662	1,587	1,199	1,201	885.69	525.91	451.50	527.45	1,077	935.93
	5,773	5,515	4,734	4,001	2,914	1,677	1,347	1,827	2,203	1,960
	210.43	201.09	172.76	146.18	106.56	61.33	49.30	669.52	814.18	—
Key metrics
	7,624	7,216	6,017	5,403	4,039	2,613	2,234	2,724	3,346	2,864
	30.50%	30.80%	31.90%	32.70%	28.00%	25.40%	25.60%	29.80%	34.20%	31.10%
	23.09%	23.60%	25.10%	24.20%	20.20%	16.30%	15.40%	20.00%	22.50%	21.30%
	—	23.50%	23.10%	—	—	—	—	—	—	—
	—	24.00%	14.10%	14.50%	40.20%	18.10%	-4.70%	-6.60%	6.30%	—
	—	16.50%	18.30%	37.30%	73.80%	24.50%	-26.30%	-17.00%	12.40%	—
	—	3,530	2,941	—	—	—	—	—	—	—
	—	0.87	0.84	—	—	—	—	—	—	—
	—	0.01	0.01	—	—	—	—	—	—	—
	—	84.72	47.51	—	—	—	—	—	—	—
	—	-6.5	-8.1	—	—	—	—	—	—	—
Balance sheet
	—	32,164	27,174	—	—	—	—	—	—	—
	—	9,554	6,954	—	—	—	—	—	—	—
	—	234.29	218.96	—	—	—	—	—	—	—
	—	353.51	549.64	—	—	—	—	—	—	—
	—	1,968	1,564	—	—	—	—	—	—	—
	—	667.71	416.13	—	—	—	—	—	—	—
	—	2,677	2,586	—	—	—	—	—	—	—
	—	2,738	2,530	—	—	—	—	—	—	—
	—	5,024	4,266	—	—	—	—	—	—	—
	—	319.01	266.47	—	—	—	—	—	—	—
	—	117.38	82.11	—	—	—	—	—	—	—
	—	201.63	184.36	—	—	—	—	—	—	—
	—	25,100	21,296	—	—	—	—	—	—	—
Cash flow
	—	4,805	3,980	—	—	—	—	—	—	—
	—	-2,964	-2,483	—	—	—	—	—	—	—
	—	-1,983	-1,399	—	—	—	—	—	—	—
	—	1,275	1,039	—	—	—	—	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	6,214	5,901	5,988	5,902	4,908	5,107	4,908	4,205	4,231	4,192	4,054	3,931
	727.09	356.71	339.24	339.99	658.86	353.84	300.03	337.49	417.29	307.47	249.55	275.96
	4,973	4,601	4,604	4,628	3,870	4,043	3,858	3,275	3,215	3,197	3,083	2,969
	3,317	3,184	3,192	3,372	2,728	2,681	2,536	2,373	2,337	2,151	2,033	2,274
	102.02	67.02	84.58	74.67	68.19	59.64	48.44	59.32	67.62	71.85	76.32	71.39
	401.57	374.89	395.36	386.32	344.23	320.33	313.94	315.65	329.12	307.73	285.11	283.16
	7.01	6.73	7.16	6.91	6.66	8.60	5.56	5.34	4.50	5.85	5.13	4.79
	262.36	215.66	198.85	187.65	186.07	188.51	168.14	169.17	158.27	154.78	138.07	131.05
	629.09	695.97	669.67	706.62	607.36	664.61	644.26	501.73	472.23	476.14	470.18	458.82
	1,968	1,657	1,723	1,614	1,697	1,418	1,350	1,268	1,433	1,302	1,221	1,238
	0.00	0.00	-55.45	0.00	0.00	0.00	—	—	—	—	—	—
	1,968	1,657	1,668	1,614	1,697	1,418	1,350	1,268	1,433	1,302	1,221	1,238
	461.42	421.02	377.65	406.12	390.90	292.46	293.77	257.98	345.09	318.81	307.40	299.06
	1,507	1,236	1,290	1,208	1,306	1,125	1,056	1,010	1,088	983.31	913.73	938.50
	54.91	45.07	47.03	44.04	47.65	41.04	38.53	36.85	39.72	35.91	33.38	34.29
Key metrics
	2,237	1,880	1,874	1,809	1,890	1,615	1,524	1,442	1,596	1,463	1,364	1,373
	36.00%	31.90%	31.30%	30.60%	38.50%	31.60%	31.00%	34.30%	37.70%	34.90%	33.70%	34.90%
	24.20%	20.90%	21.50%	20.50%	26.60%	22.00%	21.50%	24.00%	25.70%	23.50%	22.50%	23.90%
	—	7.00%	—	7.70%	—	7.10%	—	—	—	—	—	—
	26.60%	15.60%	22.00%	40.30%	16.00%	21.80%	21.10%	7.00%	—	—	—	—
	15.30%	9.90%	22.10%	19.60%	20.10%	14.40%	15.60%	7.60%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	24,005	22,700	18,451	16,078	14,067	10,123	8,619	9,077	9,794	9,212
	1,763	1,695	1,409	1,168	639.84	454.28	452.03	615.34	508.04	332.43
	18,805	17,703	14,392	12,276	11,198	8,465	7,288	7,262	7,152	6,584
	13,066	12,476	9,926	8,674	7,812	5,759	5,053	4,661	5,056	4,516
	328.29	294.46	235.02	287.67	252.75	226.18	204.58	214.25	205.33	154.97
	1,558	1,501	1,279	1,147	935.07	776.83	803.95	765.12	679.53	547.86
	27.81	27.46	24.00	19.20	12.97	10.25	9.20	10.86	2.99	3.04
	864.52	788.23	684.09	559.10	512.05	445.52	446.03	377.92	298.93	222.34
	2,701	2,680	2,283	1,812	1,609	1,271	926.19	1,123	1,108	917.35
	6,963	6,692	5,469	4,970	3,508	2,112	1,783	2,430	3,150	2,960
	-55.45	-55.45	0.00	—	—	—	—	—	-17.52	-311.98
	6,907	6,637	5,469	4,970	3,508	2,112	1,783	2,430	3,133	2,648
	1,666	1,596	1,189	1,221	885.73	525.85	453.61	526.52	1,079	935.36
	5,241	5,041	4,279	3,749	2,623	1,586	1,330	1,904	2,054	1,713
	191.05	183.79	156.15	136.98	95.91	58.02	48.68	697.50	753.37	—
Key metrics
	7,799	7,452	6,177	5,548	4,033	2,568	2,239	2,819	3,435	2,874
	32.49%	32.80%	33.50%	34.50%	28.70%	25.40%	26.00%	31.10%	35.10%	31.20%
	21.83%	22.20%	23.20%	23.30%	18.60%	15.70%	15.40%	21.00%	21.00%	18.60%
	—	28.00%	27.40%	—	—	—	—	—	—	—
	—	23.00%	14.80%	14.30%	39.00%	17.40%	-5.10%	-7.30%	6.30%	—
	—	17.80%	14.10%	43.00%	65.30%	19.30%	-30.20%	-7.30%	19.90%	—
	—	3,453	2,820	—	—	—	—	—	—	—
	—	0.93	0.90	—	—	—	—	—	—	—
	—	0.01	0.01	—	—	—	—	—	—	—
	—	179.64	67.14	—	—	—	—	—	—	—
	—	-0.8	-5.1	—	—	—	—	—	—	—
Balance sheet
	—	28,564	24,086	—	—	—	—	—	—	—
	—	9,523	6,788	—	—	—	—	—	—	—
	—	48.89	117.22	—	—	—	—	—	—	—
	—	1,340	1,081	—	—	—	—	—	—	—
	—	1,302	1,106	—	—	—	—	—	—	—
	—	497.31	273.65	—	—	—	—	—	—	—
	—	2,497	2,447	—	—	—	—	—	—	—
	—	2,691	2,446	—	—	—	—	—	—	—
	—	4,774	4,016	—	—	—	—	—	—	—
	—	228.53	184.36	—	—	—	—	—	—	—
	—	26.90	0.00	—	—	—	—	—	—	—
	—	201.63	184.36	—	—	—	—	—	—	—
	—	21,808	18,500	—	—	—	—	—	—	—
Cash flow
	—	4,709	3,830	—	—	—	—	—	—	—
	—	-2,998	-2,478	—	—	—	—	—	—	—
	—	-1,911	-1,315	—	—	—	—	—	—	—
	—	1,256	1,010	—	—	—	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +17.29%
Sales CAGR 5Y: +21.37%
Sales CAGR 10Y: —
Profit CAGR 3Y: +24.33%
Profit CAGR 5Y: +30.54%
Profit CAGR 10Y: —
Sales YoY (TTM): +25.49%
Profit YoY (TTM): +16.52%

Consolidated

Sales CAGR 3Y: +17.46%
Sales CAGR 5Y: +21.83%
Sales CAGR 10Y: —
Profit CAGR 3Y: +23.70%
Profit CAGR 5Y: +32.57%
Profit CAGR 10Y: —
Sales YoY (TTM): +28.07%
Profit YoY (TTM): +19.31%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Jun 2026

Promoter holding: 49.03%

Holder	Type	Holding	Previous	Change
THE SIMRAN SIDDHARTHA TARA BENEFIT TRUST (Name of trustees are mentioned in Note-4)	Promoter	43.83%	—	—
Hdfc Trustee Company Limited-Hdfc Flexi Cap Fund	Public	2.83%	—	—
Sbi Nifty 50 Etf	Public	2.23%	—	—
THE BRINDA LAL TRUST (Mrs Anita Lal, Mr. Vikram Lal & Mr. Ravi Prakash)	Promoter	1.77%	—	—
Life Insurance Corporation Of India	Public	1.76%	—	—
Nps Trust- A/C Lic Pension Fund Scheme - State Govt	Public	1.57%	—	—
Simran Lal	Promoter	1.15%	—	—
TARA LAL	Promoter	1.15%	—	—
Icici Prudential Large Cap Fund	Public	1.14%	—	—
Uti Nifty 50 Etf	Public	1.11%	—	—
SIDDHARTHA VIKRAM LAL	Promoter	1.05%	—	—
KARVANSARAI INVESTMENTS PRIVATE LIMITED	Promoter	0.06%	—	—
Body Corp-Ltd Liability Partnership	Public	0.02%	—	—
SIDDHARTHA LAL TRUST (Mr. Vikram Lal, Mr. Siddhartha Lal & Mrs. Natasha Jamal)	Promoter Group	0.02%	—	—
LEILA NOOR LAL BENEFIT TRUST (Mr. Siddhartha Lal & Ms. Natasha Jamal)	Promoter Group	0.00%	—	—

Public shareholders are disclosed individually only above 1%.

Filings & corporate actions

Recent announcements

Flying Flea C6 launches in five cities in Europe and the UK: Paris, Barcelona, Rome, Berlin and London17 Sep 2026 · Company Update / Press Release / Media Release
Analyst/ Investor Meet15 Sep 2026 · Company Update / Analyst / Investor Meet
Analyst/ Investor Meet7 Sep 2026 · Company Update / Analyst / Investor Meet
Return of the Mountain G.O.AT - The OG Himalayan is back by community demand with the launch of HIMALAYAN 4404 Sep 2026 · Company Update / Press Release / Media Release
Analyst/ Investor Meet4 Sep 2026 · Company Update / Analyst / Investor Meet
Analyst/ Investor Meet1 Sep 2026 · Company Update / Analyst / Investor Meet
Monthly Business Updates for the month August 2026 of VE Commercial Vehicles Limited, an unlisted material subsidiary of Eicher Motors Limited.1 Sep 2026 · Company Update / Monthly Business Updates
Sales volume for August 20261 Sep 2026 · Company Update / Monthly Business Updates
Schedule of Analysts or Institutional Investors Meet25 Aug 2026 · Company Update / Analyst / Investor Meet
Appointment/Re-appointment of Director at 44th AGM20 Aug 2026 · Company Update / General
Results of 44th AGM and Scrutinizer''s Report20 Aug 2026 · AGM/EGM / AGM
Proceedings of the 44th Annual General Meeting20 Aug 2026 · AGM/EGM / AGM
Newspaper Advertisement regarding Ease of doing investment -special window for transfer of physical securities19 Aug 2026 · Company Update / Newspaper Publication
A Tribute to a Time-Honoured Tradition of Valour: The Royal Enfield Classic 350 Gorkha Edition18 Aug 2026 · Company Update / Press Release / Media Release
Royal Enfield brings new updates to the iconic Continental GT 65014 Aug 2026 · Company Update / Press Release / Media Release
Transcript of Conference Call4 Aug 2026 · Company Update / Earnings Call Transcript
Sales volume for the month of July, 20261 Aug 2026 · Company Update / Monthly Business Updates
Monthly Business Updates for the month July 2026 of VE Commercial Vehicles Limited, an unlisted material subsidiary of Eicher Motors Limited.1 Aug 2026 · Company Update / Monthly Business Updates
Audio recording of conference call29 Jul 2026 · Company Update / General
Appointment of Cost Auditor29 Jul 2026 · Company Update / Change in Management
Investor Presentation29 Jul 2026 · Company Update / Investor Presentation
Intimation of Opening of Trading Window of Eicher Motors Limited29 Jul 2026 · Company Update / General
Capacity Addition - Greenfield expansion in Andhra Pradesh29 Jul 2026 · Company Update / General
Eicher Motors delivers outstanding Q1 FY ''27 performance29 Jul 2026 · Company Update / Press Release / Media Release
Results for the quarter ended June 30, 202629 Jul 2026 · Result / Financial Results
Unaudited standalone & consolidated financial results and Limited Review Reports of the Statutory Auditors for the first quarter ended June 30, 202629 Jul 2026 · Board Meeting / Outcome of Board Meeting
Intimation of Allotment of Equity Shares of the Company29 Jul 2026 · Company Update / Allotment of Equity Shares
Newspaper Advertisement-44th Annual General Meeting26 Jul 2026 · Company Update / Newspaper Publication
Notice of 44th AGM of the members of Eicher Motors Limited25 Jul 2026 · AGM/EGM / AGM
Letters to shareholders - Integrated Annual Report FY 2025-2625 Jul 2026 · Company Update / General
Business Responsibility and Sustainability Report for the financial year 2025-2625 Jul 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Integrated Annual Report for the financial year 2025-26 and Notice of the 44th AGM25 Jul 2026 · Others / Reg. 34 (1) Annual Report
Group Conference Call on Wednesday, July 29, 2026, inter-alia, to discuss unaudited financial results for the first quarter ended June 30, 2026.23 Jul 2026 · Company Update / Analyst / Investor Meet
Eicher Motors Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/07/2026 ,inter alia, to consider and approve unaudited standalone and consolidated ....22 Jul 2026 · Board Meeting / Board Meeting
Compliance certificate under Regulation 74(5) of SEBI (DP) Regulation, 201814 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Newspaper Publication- 44th Annual General Meeting of the Company10 Jul 2026 · Company Update / Newspaper Publication
Annual General Meeting on August 20, 2026 at 4:30 pm6 Jul 2026 · AGM/EGM / AGM
Intimation of Record date6 Jul 2026 · Corp. Action / Record Date
Sales volume for June 20261 Jul 2026 · Company Update / Monthly Business Updates
Monthly Business updates for the month June 2026 of VE Commercial Vehicles Limited, an unlisted material subsidiary of Eicher Motors Limited.1 Jul 2026 · Company Update / Monthly Business Updates

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 82.0000	31 Jul 2026	31 Jul 2026	—
Final Dividend - Rs. - 70.0000	1 Aug 2025	1 Aug 2025	—
Final Dividend - Rs. - 51.0000	7 Aug 2024	7 Aug 2024	—

Board meetings

29 Jul 2026 Board Meeting - Financial Results