Eicher Motors manufactures Royal Enfield motorcycles and operates VECV commercial vehicles in India's premium two-wheeler segment. Market cap ₹2,21,264 Cr with quarterly revenues around ₹6,000 Cr; delivers 24.71% operating margins and 23.77% ROE, indicating strong capital efficiency.
Generated analysis · source review pending
Generated analysis · source review pending
2,528 historical price candles were omitted because the exchange source has not been verified.
No red flags triggered.
Structured signal from quality, growth, valuation and momentum.
₹ crore, by fiscal year
% of revenue, by fiscal year
Comparable companies from the narrowest available industry classification.
Reported profit and loss, balance sheet, cash flow and growth history.
Annual operating, return, leverage and working-capital ratios.
Current futures and options contracts with compact option-chain pages.
Mutual-fund schemes that disclosed a holding in the company.
Annual reports, exchange filings, offer documents, ratings and earnings-call material.
Upcoming dates and the company’s corporate-action history.
Latest exchange announcements, filings and downloadable documents.
| Holder (%) | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 49.16% | 49.15% | 49.15% | 49.11% | 49.1% | 49.09% | 49.08% | 49.07% | 49.06% | 49.06% | 49.06% | 49.02% | |
| 28.89% | 30.27% | 28.95% | 28.81% | 27.62% | 25.43% | 25.03% | 25.83% | 26.98% | 27.01% | 26.78% | 25.53% | |
| 10.58% | 9.83% | 11.14% | 11.95% | 13.76% | 16.19% | 16.63% | 15.76% | 14.62% | 14.64% | 14.72% | 15.96% | |
| 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.1% | 0.1% | 0.1% | 0.1% | |
| 11.37% | 10.75% | 10.76% | 10.13% | 9.52% | 9.29% | 9.26% | 9.34% | 9.24% | 9.19% | 9.34% | 9.39% | |
| No. of shareholders | — | — | — | — | — | — | — | — | 2,52,901 | 2,60,429 | 2,80,399 | 2,83,648 |
End of day 30 Sept 2026 · underlying ₹7,150.0 · volume and open interest in contracts
| Expiry | Close | Chg | % Chg | Settlement | Open interest | Change in OI | Volume | Lot size | History |
|---|---|---|---|---|---|---|---|---|---|
| 27 Oct 2026 | ₹7,197.5 | -35.5 | -0.5% | ₹7,197.5 | 31,094 | +235 | 2,075 | 100 | |
| 23 Nov 2026 | ₹7,240.0 | +12 | +0.2% | ₹7,240.0 | 240 | +34 | 75 | 100 | |
| 29 Dec 2026 | ₹7,272.0 | -14 | -0.2% | ₹7,272.0 | 11 | +11 | 12 | 100 |
Documents link to external sources (exchange filings, company investor pages).
Promoter holding down 0.14 percentage points since Sep 2023.
| Date | Client | Type | Venue | Side | Quantity | Price | Value |
|---|---|---|---|---|---|---|---|
| 10 Dec 2025 | PIONEER INVESTMENT FUND | Block | NSE | Sell | 1,37,665 | ₹7,250.00 | ₹99.81 Cr |
| 10 Dec 2025 | PI OPPORTUNITIES AIF V LLP | Block | NSE | Buy | 1,37,665 | ₹7,250.00 | ₹99.81 Cr |
| 3 Dec 2025 | PI OPPORTUNITIES AIF V LLP | Block | NSE | Buy | 1,41,552 | ₹7,070.00 | ₹100.08 Cr |
| 3 Dec 2025 | PIONEER INVESTMENT FUND | Block | NSE | Sell | 1,41,552 | ₹7,070.00 | ₹100.08 Cr |
| 24 Oct 2025 | PI OPPORTUNITIES AIF V LLP | Block | NSE | Buy | 1,46,252 | ₹6,803.50 | ₹99.50 Cr |
| 24 Oct 2025 | PIONEER INVESTMENT FUND | Block | NSE | Sell | 1,46,252 | ₹6,803.50 | ₹99.50 Cr |
| 12 Sept 2025 | SOCIETE GENERALE | Block | NSE | Buy | 60,405 | ₹6,758.00 | ₹40.82 Cr |
| 12 Sept 2025 | MARSHALL WACE INVESTMENT STRATEGIES - EUREKA FUND | Block | NSE | Sell | 60,405 | ₹6,758.00 | ₹40.82 Cr |
| 14 Jul 2025 | THE MTBJ LTD. AS TRST FOR GOVRNMNT PENSION INVSTMNT FUND MTBJ400045828 | Block | NSE | Sell | 37,051 | ₹5,612.00 | ₹20.79 Cr |
| 14 Jul 2025 | THE MTBJ LTD. AS TRST FOR GOVERNMENT PENSION INVESTMENT FUND MTBJ400045849 | Block | NSE | Buy | 37,051 | ₹5,612.00 | ₹20.79 Cr |
Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.
Current officeholders as filed with BSE. A person holding two offices is listed once per office.
Open the chart icon on a row for that contract's close over 103 stored sessions, with open interest as bars beneath it.
| Calls | Strike | Puts | ||||||
|---|---|---|---|---|---|---|---|---|
| OI | Chg OI | Volume | LTP | — | LTP | Volume | Chg OI | OI |
| 0 | 0 | 0 | ₹0.0 | 6,000 | ₹0.0 | 0 | 0 | 0 |
| 6 | 0 | 0 | ₹1,165.0 | 6,200 | ₹15.0 | 0 | 0 | 2 |
| 0 | 0 | 0 | ₹0.0 | 6,400 | ₹0.0 | 0 | 0 | 0 |
| 0 | 0 | 0 | ₹0.0 | 6,500 | ₹12.8 | 548 | +167 | 243 |
| 24 | 0 | 0 | ₹628.5 | 6,600 | ₹18.4 | 72 | +11 | 29 |
| 9 | 0 | 0 | ₹507.4 | 6,700 | ₹27.3 | 749 | +34 | 130 |
| 31 | 0 | 0 | ₹417.9 | 6,800 | ₹39.4 | 1,226 | +62 | 254 |
| 3 | 0 | 2 | ₹359.2 | 6,900 | ₹57.0 | 832 | -46 | 284 |
Shaded cells are in the money against the underlying close. Green and red mark the move against the previous close — on the premium for LTP, on the position for change in OI. Settlement prices are the exchange's, not the last trade.
Consolidated figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | 48.4% | 45.4% | 41.4% | 42.2% | ||||
| 43.1% |
| 45.7% |
| 45.4% |
| 44.2% |
| EBITDA margin % | 29.6% | 23.8% | 20.4% | 21.1% | 23.8% | 26.2% | 25% | 24.7% |
| EBIT margin % | 26.6% | 19.7% | 15.3% | 16.7% | 20.2% | 22.6% | 21.1% | 21.1% |
| PAT margin % | 22.5% | 20% | 15.5% | 16.3% | 20.2% | 24.2% | 25.1% | 23.6% |
| Working capital | ||||||||
| Receivable days | 47 | — | 7 | 11 | 9 | 8 | 11 | 6 |
| Inventory days | 93 | — | 62 | 69 | 57 | 57 | 55 | 55 |
| Payable days | 217 | — | 108 | 110 | 80 | 85 | 90 | 76 |
| NWC days | -77 | — | -39 | -29 | -14 | -19 | -24 | -16 |
| Leverage | ||||||||
| Current ratio | 1.17 | — | 3.35 | 1.94 | 1.14 | 1.15 | 1.63 | 1.9 |
| Debt to EBITDA | 0.1 | — | 0.09 | 0.03 | 0.06 | 0.06 | 0.06 | 0.06 |
| Debt to equity | 0.08 | — | 0.01 | 0 | 0.01 | 0.02 | 0.01 | 0.01 |
| Interest coverage | 415.6 | 124 | 108.4 | 115.1 | 125.4 | 94.4 | 97.3 | 89.9 |
| Asset turnover | 1.26 | — | 0.6 | 0.64 | 0.75 | 0.71 | 0.69 | 0.73 |
| Return ratios | ||||||||
| Return on assets % | 28.3% | — | 9.3% | 10.4% | 15.2% | 17.3% | 17.4% | 17.1% |
| Return on capital employed % | 84.1% | — | 15% | 17.2% | 24.1% | 27.1% | 24.9% | 25.7% |
| Return on equity % | 61.6% | — | 11.8% | 13.3% | 19.4% | 22.2% | 22.2% | 22% |
Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Announcement under Regulation 30 (LODR)-Monthly Business Updates
Announcement under Regulation 30 (LODR)-Monthly Business Updates
| Date | Category | Subject | Filing |
|---|---|---|---|
| 4 Sept 2026, 12:00 pm | Company Update Analyst / Investor Meet | Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation | |
| 1 Sept 2026, 5:44 pm | Company Update Analyst / Investor Meet | Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation | |
| 1 Sept 2026, 12:52 pm | Company Update Monthly Business Updates | Announcement under Regulation 30 (LODR)-Monthly Business Updates | |
| 1 Sept 2026, 12:37 pm | Company Update Monthly Business Updates | Announcement under Regulation 30 (LODR)-Monthly Business Updates |
| Company | Mkt Cap | EV | Revenue | EBITDA | OPM | PAT | NPM | ROCE | ROE | WC Days |
|---|---|---|---|---|---|---|---|---|---|---|
| Maruti Suzuki IndiaMARUTIMARUTI | ₹3,57,976 Cr | ₹3,57,976 Cr | ₹1,97,181 Cr | ₹21,131 Cr | 11.7% | ₹14,334 Cr | 8% | 17.8% | 14.4% | -19 |
| Mahindra & MahindraM&MM&M | ₹3,54,640 Cr | ₹4,84,255 Cr | ₹2,11,375 Cr | ₹39,317 Cr | 18.6% | ₹18,470 Cr | 9.4% | 17% | 20.1% | -30 |
| Bajaj AutoBAJAJ-AUTOBAJAJ-AUTO | ₹2,81,260 Cr | ₹3,03,241 Cr | ₹71,460 Cr | ₹14,799 Cr | 20.8% | ₹11,759 Cr | 16.8% | 29.1% | 29% | -1 |
| Tvs Motor Company LimitedTVSMOTORTVSMOTOR | ₹1,91,038 Cr | ₹2,22,662 Cr | ₹60,155 Cr | ₹8,937 Cr | 15% | ₹3,428 Cr | 5.7% | 29% | 33.4% | -60 |
| Eicher MotorsEICHERMOTEICHERMOT | ₹1,89,816 Cr | ₹1,90,135 Cr | ₹24,998 Cr | ₹6,173 Cr | 24.7% | ₹5,773 Cr | 23.6% | 25.7% | 23.8% | -16 |
| Samvardhana Motherson International LimitedMOTHERSONMOTHERSON | ₹1,65,731 Cr | ₹1,81,626 Cr | ₹1,31,135 Cr | ₹12,541 Cr | 9.4% | ₹4,380 Cr | 3.2% | 12.6% | 10.2% | -26 |
| Hyundai Motor India LimitedHYUNDAIHYUNDAI | ₹1,64,450 Cr | ₹1,65,447 Cr | ₹70,685 Cr | ₹7,925 Cr | 12.2% | ₹4,951 Cr | 7.7% | 35.5% | 29.9% | -15 |
| Bosch LimitedBOSCHLTDBOSCHLTD | ₹1,34,166 Cr | ₹1,34,166 Cr | ₹21,088 Cr | ₹2,832 Cr | 13.2% | ₹2,363 Cr | 13.8% | 21% | 19.4% | 13 |
| Hero MotoCorpHEROMOTOCOHEROMOTOCO | ₹1,03,360 Cr | ₹1,03,859 Cr | ₹50,810 Cr | ₹7,378 Cr | 14.9% | ₹5,449 Cr | 12.2% | 32.6% | 28.1% | -40 |
| Tata Motors Passenger VehiclesTMPVTMPV | ₹1,02,886 Cr | ₹1,72,839 Cr | ₹3,43,703 Cr | ₹16,910 Cr | 5.6% | ₹79,242 Cr | 24.6% | 2.3% | 72.2% | -59 |
| Bharat Forge LimitedBHARATFORGBHARATFORG | ₹89,644 Cr | ₹96,518 Cr | ₹17,543 Cr | ₹2,963 Cr | 17.4% | ₹706 Cr | 6.5% | 17.9% | 11.5% | 136 |
| Uno Minda LimitedUNOMINDAUNOMINDA | ₹64,160 Cr | ₹66,698 Cr | ₹20,725 Cr | ₹2,280 Cr | 11.5% | ₹1,202 Cr | 6.5% | 19.3% | 19.1% | 37 |
Consolidated figures · ₹ crore
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 10,012 | 9,262 | 9,219 | 9,797 | 9,154 | 8,720 | 10,298 | 14,442 | 16,536 | 18,870 | 23,408 | |
| COGS | 1,767 | 1,503 | 4,643 | 5,057 | 4,996 | 5,113 | 5,956 | 8,212 | 8,981 | 10,297 | 13,068 |
| Gross profit | 8,245 | 7,759 | 4,576 | 4,740 | 4,158 | 3,608 | 4,342 | 6,230 | 7,555 | 8,573 | 10,340 |
| 7,477 | 7,081 | 1,512 | 1,578 | 1,946 | 1,795 | 2,110 | 2,472 | 2,781 | 3,161 | 3,757 | |
| 768 | 678 | 3,064 | 3,162 | 2,212 | 1,812 | 2,232 | 3,759 | 4,775 | 5,412 | 6,583 | |
| OPM % | 7.7% | 7.3% | 33.2% | 32.3% | 24.2% | 20.8% | 21.7% | 26% | 28.9% | 28.7% | 28.1% |
| Depreciation | 300 | 273 | 223 | 300 | 382 | 451 | 452 | 526 | 598 | 729 | 840 |
| Interest | 11 | 19 | 5 | 7 | 19 | 16 | 19 | 28 | 51 | 54 | 72 |
| 42 | 57 | 60 | 426 | 543 | 453 | 441 | 595 | 1,076 | 1,305 | 1,431 | |
| Profit before tax | 499 | 444 | 2,896 | 3,280 | 2,355 | 1,798 | 2,203 | 3,800 | 5,202 | 5,933 | 7,102 |
| Tax | 114 | 96 | 936 | 1,077 | 527 | 452 | 526 | 886 | 1,201 | 1,199 | 1,587 |
| Tax % | 22.8% | 21.5% | 32.3% | 32.8% | 22.4% | 25.1% | 23.9% | 23.3% | 23.1% | 20.2% | 22.3% |
| 386 | 348 | 1,960 | 2,203 | 1,827 | 1,347 | 1,677 | 2,914 | 4,001 | 4,734 | 5,515 | |
| PAT margin % | 3.9% | 3.8% | 21.3% | 22.5% | 20% | 15.5% | 16.3% | 20.2% | 24.2% | 25.1% | 23.6% |
| EPS (₹) | — | — | 719.7 | 807.8 | 669.5 | 49.3 | 61.3 | 106.6 | 146.2 | 172.8 | 201.1 |
| EPS adjusted (₹) | 14.2 | — | 196 | 220.3 | — | 49.3 | 61.3 | 106.5 | 146.1 | 172.7 | 201.1 |
| — | — | 15.3% | 15.5% | 18.7% | 34.5% | 34.2% | 34.7% | 34.9% | 40.5% | 40.8% | |
| Annual report | Annual report for Mar 2016 | Annual report for Mar 2017 | Annual report for Mar 2018 | Annual report for Mar 2019 | Annual report for Mar 2020 | Annual report for Mar 2021 | Annual report for Mar 2022 | Annual report for Mar 2023 | Annual report for Mar 2024 | Annual report for Mar 2025 | Annual report for Mar 2026 |
| ₹ Cr | Mar 2016 | Mar 2018 | Mar 2019 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 27 | 10 | 10 | 27 | 27 | 27 | 27 | 27 | 27 |
| Reserves | 3,437 | 3,233 | 3,563 | 11,411 | 12,581 | 14,963 | 18,018 | 21,269 | 25,073 |
| 86 | 259 | 296 | 157 | 59 | 196 | 276 | 266 | 319 | |
| 4,929 | 3,516 | 3,921 | 2,963 | 3,473 | 4,012 | 4,807 | 5,611 | 6,744 | |
| Total equity & liabilities | 8,479 | 7,018 | 7,790 | 14,559 | 16,140 | 19,198 | 23,128 | 27,174 | 32,164 |
| 2,904 | 2,128 | 2,168 | 2,433 | 2,424 | 2,690 | 2,914 | 3,473 | 3,852 | |
| CWIP | 118 | 96 | 289 | 64 | 134 | 78 | 212 | 110 | 203 |
| Investments | 1,638 | 0 | 0 | 3,902 | 7,721 | 12,321 | 13,527 | 14,791 | 17,496 |
| 3,819 | 4,794 | 5,333 | 8,159 | 5,861 | 4,109 | 6,475 | 8,800 | 10,613 | |
| Total assets | 8,479 | 7,018 | 7,790 | 14,559 | 16,140 | 19,198 | 23,128 | 27,174 | 32,164 |
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 857 | 704 | 1,072 | 860 | 604 | 1,714 | 1,527 | 2,847 | 3,742 | 3,980 | 4,805 | |
| -411 | -1,039 | -961 | -348 | -606 | -1,648 | -983 | -2,422 | -2,852 | -2,483 | -2,964 | |
| -239 | 122 | -76 | -130 | -482 | -15 | -593 | -417 | -844 | -1,399 | -1,983 | |
| Net cash flow | 207 | -212 | 34 | 382 | -484 | 51 | -50 | 8 | 45 | 98 | -142 |
| Free cash flow | 363 | 330 | 567 | 143 | -116 | 1,159 | 886 | 2,165 | 2,923 | 2,941 | 3,530 |
| CFO / Operating profit % | 111.7% | 103.8% | 38.2% | 29.6% | 27.7% | 96.2% | 70.3% | 82.7% | 86.5% | 84.5% | 83.1% |
178 schemes · 23 fund houses
| Shares | ||||||
|---|---|---|---|---|---|---|
| Nifty 50 ETF | SBI Mutual Fund | 26.73 L | 2,126.11 | 0.99% | 0.975% | +14,051 |
| Focused Fund | SBI Mutual Fund | 14 L | 1,113.49 | 2.17% | 0.51% | -0 |
| ETF NIFTY 50 BEES | Nippon India Mutual Fund | 8.39 L | 667.28 | 0.99% | 0.306% | +16,955 |
| Flexicap Fund | SBI Mutual Fund | 7.61 L | 605.26 | 2.6% | 0.277% | -0 |
| Nifty 50 ETF | ICICI Prudential Mutual Fund | 5.57 L | 442.62 | 0.99% | 0.203% | +13,412 |
| Large Cap Fund | ICICI Prudential Mutual Fund | 5.09 L | 404.96 | 0.5% | 0.186% | -2.92 L |
| Large & Mid Cap Fund | ICICI Prudential Mutual Fund | 4.8 L | 381.39 | 1.14% | 0.175% | -0 |
| Automotive Opportunities Fund | SBI Mutual Fund | 4.5 L | 357.91 | 5.64% | 0.164% | -70,000 |