1Y Annualised Return
▲21.89%
3Y Annualised Return
▲26.80%
5Y Annualised Return
▲24.35%
Eicher Motors Stock Performance
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Eicher Motors Company background
Eicher Motors Limited
Eicher Motors Limited (EML) is an Indian automaker headquartered in Gurgaon, Haryana. Founded in 1982, Eicher Motors manufactures motorcycles under Royal Enfield brand and commercial vehicles in partnership with Volvo Group's subsidiary Volvo Trucks. EML has emerged as a prominent player in both two-wheeler and commercial vehicle segments.
Key Facts
- Incorporated in 1982
- Headquarters in Gurgaon, Haryana
- Chairman - Siddhartha Lal
- MD & CEO - Vinod K. Dasari
- Market Cap - ₹81,042 Crores
- Listed on NSE and BSE
- Manufactures Royal Enfield motorcycles and Eicher trucks & buses
Business Segments
Eicher Motors operates two key business verticals.
Royal Enfield
- Wholly owned subsidiary of Eicher Motors
- Manufactures premium motorcycles in 250cc to 750cc range
- Iconic brands include Bullet, Classic, Thunderbird, Himalayan
- Presence across India and over 60 countries overseas
VE Commercial Vehicles (VECV)
- Joint venture with Volvo Group
- Manufactures trucks, buses, engines and power solutions
- Key brands are Eicher and Volvo trucks & buses
Products and Services
Royal Enfield
- Motorcycles in UCE 350cc and 650cc segments
- Variants like Bullet, Classic, Meteor, Interceptor etc
- Purpose-built bikes like Himalayan and Scram for adventurers
- Genuine spares, merchandise and accessories
VECV
- Light and heavy duty trucks and buses
- Components like engines, axles and transmissions
- Alternative fuel solutions like electric powertrains
- After-sales service and maintenance
Manufacturing Facilities
Eicher Motors has manufacturing plants located at
- Oragadam and Vallam Vadagal in Tamil Nadu
- Thiruvottiyur in Chennai
- Rudrapur in Uttarakhand
- Pithampur in Madhya Pradesh
Recent Financial Performance
Eicher Motors has demonstrated strong financial performance in recent years, driven by consistent growth in revenues and profitability. This has positively impacted the Eicher Motors share price. With that, read on to know the key highlights.
FY24 Financial Performance
- Revenue: ₹17,611.7 crore, a 17.1% increase from ₹15,037.3 crore in FY23.
- Net Profit: ₹4,001 crore, up 37.3% from ₹2,914 crore in FY23.
- EBITDA: ₹4,326.9 crore, reflecting robust operational efficiency with EBITDA margins at 26.2%.
- 5-Year Revenue CAGR: 16.1%, showcasing steady growth over the long term.
Quarterly Highlights
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Q4 FY24:
Revenue: ₹4,256 crore, an 11.87% year-on-year (YoY) growth. Net Profit: ₹1,070 crore, a YoY increase of 18.2%. Royal Enfield Sales: 227,925 motorcycles, up 6.17% YoY.
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Q1 FY25:
Revenue: ₹4,675 crore, up 11% YoY. Net Profit: ₹1,101 crore, a 20% YoY increase. EBITDA Margin: Improved to 27.6%, driven by higher average selling prices and operational efficiencies.
History and Evolution
Early Years
Eicher Motors was incorporated in 1982 with a technical collaboration with Eicher Goodearth of Germany to manufacture motorcycles in India.
In the 1990s, Eicher acquired Enfield India Limited, the manufacturer of Royal Enfield motorcycles. This marked Eicher's entry into the two-wheeler segment.
Strategic Partnership
Eicher Motors has recently engaged in several strategic partnerships to strengthen its position in the commercial vehicle and logistics sectors.
1. Joint Venture with iTriangle Infotech (May 2024):
VE Commercial Vehicles (VECV), a joint venture between Eicher Motors and Volvo Group, partnered with iTriangle Infotech to develop advanced telematics-based fleet management solutions for trucks and buses.
The collaboration aims to enhance operational efficiency and provide real-time insights for customers through innovative telematics systems integrated with the MyEicher App.
2. Strategic Collaborations for Electric Vehicles (January 2025):
Eicher Trucks and Buses launched the electric-first Pro X Range of Small Commercial Vehicles (SCVs) at the Bharat Mobility Global Expo 2025.
The initiative includes partnerships with Charging Point Operators (CPOs) and Charger OEMs to establish nationwide EV charging infrastructure, supporting the growing demand for last-mile logistics solutions.
3. Customer-Centric Development:
The Pro X Range was co-developed with leading logistics players to address industry-specific needs, such as e-commerce, FMCG, and cold chain logistics, while incorporating driver-centric features like advanced safety systems and real-time fleet management.
These partnerships reflect Eicher’s focus on innovation, sustainability, and customer-centric solutions in the evolving commercial vehicle market.
Product Launches
You might have been in the know that Eicher Motors has launched several new products recently, showcasing its focus on innovation and sustainability. Some of the new launches are:
1. Eicher Pro X Range (January 2025)
Unveiled at the Bharat Mobility Global Expo 2025, this electric-first range of Small Commercial Vehicles (SCVs) targets the 2-3.5T segment for last-mile logistics.
Features include best-in-class energy efficiency, large cargo space, advanced safety systems, and driver-centric cabins. The Pro X Range is manufactured at Eicher’s Industry 4.0-enabled Bhopal plant with an all-women assembly line.
2. Eicher Pro 2055 EV (September 2023)
India’s first 5.5-tonne electric truck, designed for e-commerce and urban logistics.
Offers fast and slow charging options, advanced telematics, and sustainable transport solutions.
3. Royal Enfield Guerrilla 450 and Classic 350 (2024):
New models introduced to strengthen Royal Enfield's portfolio in the mid-size motorcycle segment.
4. Eicher Pro 8055 LNG/CNG Truck
Designed for long-haul applications with the ability to switch between LNG and CNG fuels.
Recent Developments
Other than the positive growth of the Eicher Motors share price, here are some recent developments for the company.
1. Launch of Eicher Pro X Range
In January 2025, Eicher Trucks and Buses launched the Eicher Pro X Range, an electric-first series of Small Commercial Vehicles (SCVs) targeting the 2-3.5T segment. These vehicles are designed for last-mile logistics with features like best-in-class energy efficiency, advanced safety systems, and driver-centric cabins. The range is assembled at an all-women assembly line in Eicher's Industry 4.0-enabled Bhopal plant.
2. Royal Enfield's Growth
Royal Enfield reported a strong performance in December 2024, with a 25% year-on-year increase in total motorcycle sales to 79,466 units. Exports surged by 90%, reflecting growing international demand. Recent launches like the Guerrilla 450 and Bear 650 have been well-received, and the company is preparing to launch its electric motorcycle brand, Flying Flea, by early 2026.
3. Stock Performance
Eicher Motors' stock hit a record high of ₹5,386 in January 2025, driven by strong growth prospects and robust sales performance. Analysts project continued growth due to new product launches and increasing focus on premium motorcycles and electric vehicles.
4. Expansion in Electric Vehicles
The company has partnered with Charging Point Operators (CPOs) and Charger OEMs to build EV charging infrastructure, supporting its electric vehicle initiatives like the Pro X Range.
These developments highlight Eicher Motors' focus on innovation, sustainability, and global market expansion while maintaining leadership in premium motorcycles and commercial vehicles.
Management Team
- Siddhartha Lal - MD & CEO
- B Govindarajan - CEO, Royal Enfield
- Vinod K Dasari - CEO, VECV
The experienced leadership team has successfully led Eicher Motors' growth and global expansion.
SWOT Analysis
Strengths
- Strong brand identity of Royal Enfield
- Robust sales network across India & overseas
- Strategic partnership with Volvo
- Consistent financial performance
Weaknesses
- Limited product portfolio
- High dependence on Royal Enfield business
Opportunities
- Growing premium motorcycle segment globally
- Potential for electric mobility products
- Expanding commercial vehicle exports
Threats
- Intense competition in two-wheeler industry
- Slowdown in commercial vehicle demand
- Increase in raw material costs
Future Outlook
Yes, it can be assumed that Eicher Motors is well positioned to sustain long term growth driven by Royal Enfield's popularity and expansion plans. It is reported that focus on innovation and new product launches will aid growth. Strong partnership with Volvo, and foray into EVs will also provide significant opportunities. Eicher Motors is a good investment bet for long term investors.
As of 04 Jul, 2025, Eicher Motors share price is ₹5629. The stock opened at ₹5715.5 and had closed at ₹5716 the previous day. During today’s trading session, Eicher Motors share price moved between ₹5,620.00 and ₹5,715.50, with an average price for the day of ₹5667.75. Over the last 52 weeks, the stock has recorded a low of ₹4,508.75 and a high of ₹5,906.50. In terms of performance, Eicher Motors share price has increased by 6% over the past six months and has increased by 21.89% over the last year.
Over the past
Total Investment of ₹65,00,000
Would have become ₹72,69,016 (+11.83%)
Daily SIP of ₹25,000 would have become ₹72,69,016 in 1 year with a gain of ₹7,69,016 (+11.83%)
Eicher Motors Fundamental
Market Cap (in crs)
1,54,376.59
Face Value
1
Turnover (in lacs)
10,413.99
Key Metrics
Eicher Motors Key Financials
*All values are in ₹ Cr.
*All values are in ₹ Cr.
*All values are in ₹ Cr.
*All values are in ₹ Cr.
| Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|
5241.11 Cr | 4973.12 Cr | 4263.07 Cr | 4393.05 Cr | 4256.04 Cr |
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|
20175.25 Cr | 17611.65 Cr | 15037.29 Cr | 10738.65 Cr | 9173.54 Cr | 9696.83 Cr |
| Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|
1114.16 Cr | 1006.99 Cr | 986.58 Cr | 926.9 Cr | 938.64 Cr |
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|
4034.63 Cr | 3553.29 Cr | 2598.77 Cr | 1616.45 Cr | 1315.76 Cr | 1795.73 Cr |
Eicher Motors Result Highlights
Result Summary
-
Eicher Motors Ltd reported a 13.3% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Mar (Q4FY25). On a year-on-year (YoY) basis, it witnessed a growth of 13.8%.
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Its expenses for the quarter were down by 16.6% QoQ and up 9.3% YoY.
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The net profit decreased 8.5% QoQ and increased 18.2% YoY.
-
The earnings per share (EPS) of Eicher Motors Ltd stood at 39 during Q4FY25.
Data Source: BSE, Company announcements
The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results.
Eicher Motors Technical Analysis
Moving Averages Analysis
Delivery & Volume
| Period | Combined Delivery Volume | NSE+BSE Traded Volume |
|---|---|---|
Day Rs | 88235 Rs | 192617 Rs |
Week Rs | 194875 Rs | 347279 Rs |
Month Rs | 296241 Rs | 487434 Rs |
Resistance & Support
Eicher Motors Peer comparison
| Index Name | Market Price | Market Cap | 52W Low | 52W High | Prev. Close | 1W Return | 1M Return | 6M Return | 1Y Return | 3Y Return | Dividend Yield | PE Ratio | Industry PE | PB Ratio |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
455.00 | 1,261.85 | 412.65 | 844.4 | 451.85 | -0.16% | -4.46% | -20.30% | -42.74% | 167.08% | 0.00% | 36.37 | 32.62 | 2.89 | |
2,35,497.94 | 7089.35 | 12774 | 8,382.50 | -0.04% | -1.52% | -5.94% | -10.86% | 129.17% | 2.49% | 28.88 | 32.62 | 7.32 | ||
86,906.83 | 3344 | 6246.25 | 4,310.60 | 0.57% | 3.44% | 2.40% | -21.83% | 57.40% | 3.80% | 18.86 | 32.62 | 4.39 | ||
1,36,829.84 | 2171.4 | 2960.3 | 2,899.20 | -2.01% | 4.34% | 16.00% | 21.73% | 242.50% | 0.35% | 50.47 | 32.62 | 13.77 | ||
41.70 | 18,406.39 | 40.4 | 157.4 | 40.61 | -3.16% | -16.52% | -49.55% | 0.00% | 0.00% | 0.00% | 0.00 | 32.62 | 1.67 | |
Ather Energy Ltd. | 328.25 | 328.25 | - | - | - | - | - | - | - | - | - | - | - | - |
Eicher Motors Share Price FAQs
What is Share Price of Eicher Motors ?
Eicher Motors share price is ₹5624 in NSE and ₹5620 in BSE as on 4/7/2025.
How has Eicher Motors shares performed in the past ?
Eicher Motors share price in the past 1-year return was 20.03. The Eicher Motors share hit a 1-year low of Rs. 4508.75 and a 1-year high of Rs. 5906.5.
What is the market cap of Eicher Motors ?
The market cap of Eicher Motors is Rs. 154376.59 Cr. as of 4/7/2025.
What is the current P/E ratio of Eicher Motors ?
The PE ratios of Eicher Motors is 36.06 as of 4/7/2025.
What is the current PB ratio of Eicher Motors ?
The PB ratios of Eicher Motors is 8.34 as of 4/7/2025
What is the Mutual Fund shareholding in Eicher Motors ?
The Mutual Fund Shareholding in Eicher Motors was 11.41% at the end of 4/7/2025.
How to buy Eicher Motors shares?
You can easily buy Eicher Motors shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.
What is the 52-week high and low of Eicher Motors ?
The 52-week high and low of Eicher Motors share price is ₹5906.5 and ₹4508.75 as of 4/7/2025.
Please be aware that Eicher Motors stock prices are subject to continuous fluctuations due to various factors.