Eicher Motors Limited, Fundamental analysis

Eicher Motors Limited - Technical chart

consolidated in Rs/Cr.

Industry Industry name	Automobile
Variance Full Year Net Profit Variance	17
Equity Latest Equity	27.45
Face Value Latest Face Value	1
Reserves Total Reserve	25072.72
Dividend Full Year Dividend %	8200
Sales Turnover Full Year Net Sales	23407.56
Net Profit Full Year Net Profit	5559.43
Full Year CPS Full Year Cash Per Share	233.1
Earning Per Share Full Year Earning Per Share	202.5
Quarter CPS Latest quarter Cash Per Share	0
Latest Quarter Date Latest Quarter Yrc	Jun 1, 2026
Latest Quarter Sales Latest Quarter Net Sales	6488.74
Previous EPS Previous earnings per share	0
Book Value Book value	914.3
Networth Full Year Return on Networth	23.77
Price/Book Value Price to Book value	8.810019
Yearly PE ratio Full Year Price to Earning per share	39.8
Yearly PC ratio Full Year Price to Cash Per Share	34.6
Bse value BSE Value in lakhs	1499.46
Nse value NSE Value in lakhs	32137.52
High 52 week high	8233
Low 52 week low	5801
Price NSE Current market price	8050
CPM Current market price	8055

Market cap BSE / NSE Market Cap	221127.24
Net profit Latest Quarter Net Profit	1462.51
Net profit variance Latest Quarter Net Profit variance	21
Result year Trailing latest month	Jun 1, 2026
TTM Sales Trailing Twelve 12 month Net Sales	16788.67
TTM OP Trailing Twelve 12 month Operating Profit	4527.51
TTM OPM Trailing Twelve 12 month Operating Profit Margin	26.97
TTM GP Trailing Twelve 12 month Gross Profit	8354.16
TTM GPM Trailing Twelve 12 month Gross Profit Margin	34.07
TTM NP Trailing Twelve 12 month Net Profit	4268.21
TTM NPV Trailing Twelve 12 month Net Profit Variane	20.22
TTM EPS Trailing Twelve 12 month EPS	211.88
TTM PE Trailing Twelve 12 month PE	38.02
TTM CPS Trailing Twelve 12 month CPS	0
Month CPS Month Cash Per Share	0
TTM Depreciation Trailing Twelve 12 month Depreciation	661.48
Equity Latest Equity	27.45
LTP Latest Price (BSE/NSE)	8055
Gross block Latest Gross Block	7715.83
Loans Total loans	285.42
Advances Latest Advances for Banks	0
Net profit asset Latest Assets	0
Year OPM Full Year Operating Profit Margin	24.7
Year GPM Full Year Gross Profit Margin	34.2
Quarter OPM Latest quater Operation Profit Margin	24.5

Quarterly Results (consolidated, figures in Rs Cr.)

	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
+ Sales	4,186	4,888	5,150	4,946	6,071	6,000	5,961	6,489
YOY Sales Growth %	4%	19%	23%	15%	45%	23%	16%	31%
Gross Sales	4,186	4,888	5,150	4,946	6,071	6,000	5,961	6,489
Other Operating Income	77	85	91	96	100	114	119	144
+ Expenses	3,099	3,687	3,893	3,743	4,559	4,499	4,447	4,898
Material Cost %	64%	50%	50%	58%	56%	54%	54%	47%
Raw Material Cost	2,380	2,544	2,686	2,734	3,377	3,200	3,192	3,324
Change in Inventory	284	-85	-128	139	51	54	26	-294
Manufacturing Cost %	13%	14%	14%	13%	13%	13%	13%	11%
Employee Cost %	8%	7%	7%	8%	7%	7%	7%	7%
Other Cost %	-11%	4%	5%	-3%	-1%	0%	1%	11%
Raw Materials %	57%	52%	52%	55%	56%	53%	54%	51%
Purchase of Finished Goods %	4%	2%	2%	4%	2%	4%	4%	4%
Stock Adjustments %	-7%	2%	2%	-3%	-1%	-1%	-0%	5%
Other Manufacturing Expenses %	13%	14%	14%	13%	13%	13%	13%	11%
Operating Profit	1,088	1,201	1,258	1,203	1,512	1,501	1,514	1,591
OPM %	26%	25%	24%	24%	25%	25%	25%	25%
+ Other Income	468	452	628	603	486	520	675	634
Miscellaneous Income	468	452	628	603	486	520	675	634
Interest	13	13	16	15	19	17	20	22
Depreciation	180	179	201	198	200	211	232	278
Profit before tax	1,362	1,461	1,669	1,593	1,779	1,793	1,937	1,925
+ Tax %	19%	20%	18%	24%	23%	21%	22%	24%
Current Tax	252	282	305	314	384	362	395	392
Deferred Tax	10	8	2	73	25	11	21	71
+ Net Profit	1,100	1,171	1,362	1,205	1,369	1,421	1,520	1,463
Extraordinary Income / Expense	0	0	0	0	0	-55	0	0
Exceptional Item	0	0	0	0	0	-55	0	0
Net Profit After Minority Interest	1,100	1,171	1,362	1,205	1,369	1,421	1,520	1,463
EPS in Rs	40.15	42.70	49.69	43.95	49.93	51.79	55.41	53.30

Profit & Loss (consolidated, figures in Rs Cr.)

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
+ Sales	7,939	9,219	9,797	9,154	8,720	10,298	14,442	16,536	18,870	23,408
Sales Growth %		16%	6%	-7%	-5%	18%	40%	14%	14%	24%
Gross Sales	6,097	8,667	9,717	9,074	8,662	10,127	14,176	16,234	18,538	22,978
Excise Duty	906	254	0	0	0	0	0	0	0	0
Other Operating Income	30	44	80	80	59	171	266	302	332	430
+ Expenses	5,812	6,632	6,911	6,973	6,939	8,126	10,999	12,209	14,158	17,678
Material Cost %	47%	50%	52%	55%	59%	58%	57%	54%	55%	56%
Raw Material Cost	3,726	4,679	5,270	4,915	5,320	6,107	8,281	9,187	10,470	13,341
Change in Inventory	-20	-34	-210	84	-206	-149	-63	-197	-164	-270
Manufacturing Cost %	3%	3%	3%	3%	3%	4%	3%	3%	3%	3%
Employee Cost %	5%	6%	7%	9%	10%	8%	7%	7%	7%	7%
Other Cost %	18%	12%	8%	9%	8%	9%	9%	9%	10%	10%
Raw Materials %	47%	51%	54%	54%	61%	59%	57%	56%	55%	57%
Purchase of Finished Goods %	1%	2%	2%	3%	3%	3%	3%	3%	3%	4%
Stock Adjustments %	0%	0%	2%	-1%	2%	1%	0%	1%	1%	1%
Power & Fuel %	1%	1%	1%	1%	1%	1%	1%	0%	0%	0%
Other Manufacturing Expenses %	2%	2%	3%	3%	3%	3%	3%	2%	2%	2%
Selling & Administration %	5%	6%	7%	7%	6%	8%	8%	8%	9%	8%
Miscellaneous Expenses %	1%	1%	2%	2%	2%	1%	1%	1%	1%	2%
Operating Profit	2,128	2,588	2,886	2,180	1,781	2,172	3,444	4,327	4,712	5,730
OPM %	27%	28%	29%	24%	20%	21%	24%	26%	25%	24%
+ Other Income	417	537	702	575	484	501	910	1,524	2,005	2,284
Miscellaneous Income	381	537	702	589	554	540	910	1,524	2,005	2,284
Interest	4	5	7	19	16	19	28	51	54	72
Depreciation	154	223	300	382	451	452	526	598	729	840
Profit before tax	2,387	2,896	3,280	2,355	1,798	2,203	3,800	5,202	5,933	7,102
+ Tax %	30%	32%	33%	22%	25%	24%	23%	23%	20%	22%
Current Tax	679	877	942	549	493	521	819	1,040	1,121	1,456
Deferred Tax	42	59	135	-21	-41	4	67	161	78	131
+ Net Profit	1,621	1,740	2,185	1,827	1,347	1,677	2,914	4,001	4,734	5,515
Profit Growth %		18%	12%	-17%	-26%	24%	74%	37%	18%	16%
Extraordinary Income / Expense	0	0	0	0	0	0	0	0	0	-55
Exceptional Item	0	0	0	0	0	0	0	0	0	-55
Profit / Loss of Associates	-46	-220	-18	0	0	0	0	0	0	0
Net Profit After Minority Interest	1,667	1,960	2,203	1,827	1,347	1,677	2,914	4,001	4,734	5,515
EPS in Rs	629.58	799.60	813.87	669.39	49.28	61.32	106.54	146.13	172.66	201.07

Balance Sheet (consolidated, figures in Rs Cr.)

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	27	27	27	27	27	27	27	27	27	27
Reserves	5,318	7,003	8,891	9,954	11,411	12,581	14,963	18,018	21,269	25,073
+ Borrowings	112	151	187	249	219	108	288	419	458	514
Secured Borrowings	0	65	110	144	157	59	196	276	184	229
Unsecured Borrowings	112	86	76	105	62	49	93	144	274	285
+ Other Liabilities	1,552	2,341	2,281	2,220	2,901	3,424	3,919	4,650	5,420	6,549
Current Liabilities	1,509	2,278	2,209	2,119	2,705	3,099	3,455	4,009	4,770	5,656
Provisions	80	155	199	164	221	292	378	312	361	475
Other liability items	56	85	96	120	224	383	551	751	811	1,050
Total Liabilities	7,009	9,522	11,387	12,450	14,559	16,140	19,198	23,115	27,174	32,164
+ Fixed Assets	873	1,502	1,875	2,378	2,433	2,424	2,690	2,914	3,473	3,852
Gross Block	1,295	2,144	2,767	3,585	4,049	4,405	5,142	5,729	6,718	7,716
Accumulated Depreciation	422	643	893	1,208	1,616	1,981	2,452	2,815	3,245	3,864
CWIP	374	333	450	312	314	505	472	555	491	736
Investments	4,987	5,581	4,923	5,749	3,902	7,721	12,321	13,527	14,791	17,496
+ Other Assets	775	2,106	4,140	4,011	7,909	5,490	3,715	6,119	8,419	10,080
Inventories	336	395	633	572	875	1,132	1,278	1,410	1,564	1,968
Trade receivables	50	68	84	87	158	302	369	374	550	354
Cash Equivalents	25	1,212	2,965	2,951	5,830	2,722	766	146	263	256
Loans n Advances	100	248	287	272	897	1,096	1,137	2,151	3,891	4,302
Other asset items	265	184	170	130	148	238	165	2,038	2,151	3,200
Total Assets	7,009	9,522	11,387	12,450	14,559	16,140	19,198	23,115	27,174	32,164

Cash Flow (consolidated, figures in Rs Cr.)

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
+ Cash from Operating Activity	1,708	2,482	1,575	1,694	1,691	1,527	2,823	3,724	3,980	4,805
Profit from Operations	2,196	2,851	2,941	2,236	1,912	2,172	3,527	4,404	4,849	5,885
Working Capital Changes	163	438	-457	86	235	-131	66	388	211	278
Profit Before Tax & Extraordinary Items	2,387	2,896	3,280	2,355	1,798	2,203	3,800	5,202	5,933	7,102
Depreciation	154	223	300	382	451	452	526	598	729	840
Interest (Net)	0	-34	-123	-202	-295	-227	-149	-153	-263	-402
Profit / Loss on Sale of Assets	0	-1	0	2	1	4	0	1	8	1
Provisions & Write-offs (Net)	0	0	3	0	18	1	7	-23	1	-36
Profit / Loss in Forex	1	18	-4	8	42	-17	-18	-22	-33	-122
Receivables	-17	-18	-18	0	-73	-147	-59	-5	-176	190
Inventories	-28	-59	-239	61	-302	-258	-146	-131	-154	-404
Trade Payables	110	407	62	-235	495	283	22	304	440	261
Loans & Advances	6	0	-1	1	0	0	0	0	0	0
Direct Taxes Paid	-652	-807	-908	-628	-457	-514	-770	-1,068	-1,080	-1,358
+ Cash from Investing Activity	-1,744	-2,145	-660	-1,508	-1,625	-983	-2,397	-2,834	-2,461	-2,834
Purchase of Fixed Assets	-548	-749	-792	-546	-532	-641	-682	-819	-1,039	-1,275
Sale of Fixed Assets	1	3	2	1	17	2	9	4	11	9
Purchase of Investments	-4,247	-6,464	-7,929	-8,746	-3,983	-7,134	-9,103	-6,106	-6,939	-9,631
Sale of Investments	3,051	6,124	9,051	8,176	5,971	3,500	5,080	5,968	6,826	8,312
Interest Received	3	12	90	204	192	398	204	112	188	337
Dividend Received	0	52	65	68	0	27	41	95	136	218
Investment in Group Companies	-39	-17	-30	-1	0	0	0	0	0	0
Others	36	-1,106	-1,117	-665	-3,290	2,864	2,055	-2,089	-1,643	-803
+ Cash from Financing Activity	25	-262	-292	-858	-15	-593	-417	-844	-1,399	-1,983
Proceeds from Issue of Shares	6	19	36	29	38	6	11	47	97	34
Proceeds from Other Long-Term Borrowings	0	0	0	0	0	0	202	322	38	85
Proceeds from Short-Term Borrowings	389	495	369	267	40	32	0	0	0	0
Repayment of Long-Term Borrowings	0	0	0	0	0	0	-20	-127	-43	-71
Repayment of Short-Term Borrowings	-345	-456	-344	-298	-27	-137	0	0	0	0
Repayment of Financial Liabilities	0	0	0	-40	-39	-17	-19	-37	-56	-62
Dividend Paid	0	-272	-300	-682	0	-465	-574	-1,013	-1,397	-1,920
Interest Paid	-2	-3	-5	-8	-16	-19	-18	-35	-37	-50
Others	-23	-45	-48	-126	-11	5	0	0	0	0
Net Cash Flow	-10	75	623	-673	51	-50	8	45	121	-12