Eicher Motors share price
NSE: EICHERMOTBSE: 505200AutomobilesLarge Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹7,084.50.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹1,93,977 Cr43rd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 29 Jul 2026
- 33.6
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 22 May 2026
- 7.7
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 1.16%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 29 Jul 2026
- 24.9%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 29 Jul 2026
- 20.7%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 22 May 2026
- 0.01
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 3,69,07252.2% delivered
Results
Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 29 Jul
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹6,632 Crup 9.08%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹1,463 Crdown 3.78%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 22.1%
Revenue by year
Net profit by year, a loss in red
The years either side of a change of basis do not compare. From the year to Mar 2018, GST replaced excise duty on 1 Jul 2017, and revenue before that day includes the duty.
| ₹ crore | Sep 2024Filed 13 Nov | Dec 2024Filed 11 Feb | Mar 2025Filed 10 Jun | Jun 2025Filed 31 Jul | Sep 2025Filed 13 Nov | Dec 2025Filed 10 Feb | Mar 2026Filed 22 May | Jun 2026Filed 29 Jul |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,263 | 4,973 | 5,241 | 5,042 | 6,172 | 6,114 | 6,080 | 6,632 |
| Net profit | 1,100 | 1,171 | 1,362 | 1,205 | 1,369 | 1,421 | 1,520 | 1,463 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 25.8% | 23.5% | 26.0% | 23.9% | 22.2% | 23.2% | 25.0% | 22.1% |
Business segments
In the year to Mar 2026 the company reports one business segment, Automobile products and related components, which carries all its revenue.
Valuation
Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2018: days before it are of the company before the change.PE ratio and valuation history
At or below today's level on 41% of 2,480 trading days over the last 10 years.
At or below today's level on 80% of 1,970 trading days since Nov 2018.
At or below today's level on 56% of 1,970 trading days since Nov 2018.
At or below today's level on 96% of 2,476 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +24.4% | +16.4% | +5.8% | 1.2% |
| 3 years | +32.0% | +23.6% | +5.8% | 1.3% |
| 5 years | +21.6% | +32.5% | −9.1% | 1.2% |
Mutual funds holding it
356 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 174 of the 230 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 3 more funds filed their first portfolio on record, holding it.Mutual fund holdings
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 4
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 4
- AddedAdded. Funds that held more shares than at the end of the month before.
- 125
- CutCut. Funds that held fewer shares than at the end of the month before.
- 105
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 115
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end.
- 20
| Fund | |||
|---|---|---|---|
 HDFC Flexi Cap FundHDFC Mutual Fund | 34,87,584 | 2.30% | ₹2,493.6 Cr |
 SBI Nifty 50 ETFSBI Mutual Fund | 26,75,948 | 0.94% | ₹1,913.3 Cr |
| SBI Focused FundSBI Mutual Fund | 14,00,000 | 1.99% | ₹1,001.0 Cr |
| HDFC Focused FundHDFC Mutual Fund | 11,94,963 | 3.22% | ₹854.4 Cr |
 UTI Nifty 50 ETFUTI Mutual Fund | 9,17,734 | 0.94% | ₹656.2 Cr |
 Nippon India ETF Nifty 50 BeESNippon India Mutual Fund | 8,59,094 | 0.94% | ₹614.3 Cr |
 ICICI Prudential Large Cap FundICICI Prudential Mutual Fund | 7,76,549 | 0.73% | ₹555.2 Cr |
| SBI Flexicap FundSBI Mutual Fund | 7,61,000 | 2.46% | ₹544.1 Cr |
| HDFC Defence FundHDFC Mutual Fund | 7,50,000 | 4.67% | ₹536.3 Cr |
 Mirae Asset Large Cap FundMirae Asset Mutual Fund | 7,26,905 | 1.46% | ₹519.7 Cr |
Peers and competitors
2/3 Wheelers, 13 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Eicher Motors in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Bajaj AutoBAJAJ-AUTO | 2,76,782 | 23.5 | 7.1 | 20.0 | +36.9% | +54.9% | 31.8% | 22.3% | 1.49% |
 TVS Motor CompanyTVSMOTOR | 1,89,094 | 55.2 | 19.8 | 24.2 | +30.2% | +43.7% | 37.9% | 18.0% | 0.30% |
 Hero MotoCorpHEROMOTOCO | 1,01,011 | 18.5 | 4.7 | 13.7 | +25.6% | +8.2% | 26.7% | 29.2% | 3.67% |
 Ather EnergyATHERENERG | 54,731 | – | 21.3 | – | – | – | −25.4% | −15.3% | 0.00% |
 Ola Electric MobilityOLAELEC | 14,961 | – | – | – | −49.2% | – | −41.0% | −26.9% | 0.00% |
 Zelio E MobilityZELIO | 2,157 | 76.0 | 19.3 | – | – | – | 25.5% | – | 0.00% |
 Mercury Ev-TechMERCURYEV | 600 | – | 2.2 | 97.9 | +4.2% | – | – | 0.7% | 0.00% |
 Tunwal E-MotorsTUNWAL | 132 | 10.3 | 1.0 | – | +55.0% | +8.8% | 11.2% | – | 0.44% |
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up.| Ex-date | Type | Per share |
|---|---|---|
| 31 Jul 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹82.00 |
| 1 Aug 2025 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹70.00 |
| 7 Aug 2024 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹51.00 |
| 14 Aug 2023 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹37.00 |
| 12 Aug 2022 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹21.00 |
| 9 Aug 2021 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹17.00 |
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
1 Oct · Monthly Business Updates
Sep 2026
15 Sep · Analysts
Eicher Motors share price by year
Each calendar year to 2025.Eicher Motors share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 7,312.50 | +51.7% | 7,324.00 | 4,703.35 |
| 2024 | 4,821.90 | +16.4% | 5,062.60 | 3,616.45 |
| 2023 | 4,143.50 | +28.4% | 4,180.35 | 2,852.40 |
| 2022 | 3,227.75 | +24.5% | 3,850.45 | 2,256.05 |
| 2021 | 2,591.90 | +2.4% | 2,972.60 | 2,317.30 |
| 2020 | 2,530.90 | +12.4% | 2,693.30 | 1,268.01 |
| 2019 | 2,251.53 | −2.8% | 2,326.13 | 1,538.35 |
| 2018 | 2,315.84 | −23.7% | 3,159.93 | 2,102.62 |
| 2017 | 3,034.09 | +39.2% | 3,286.20 | 2,219.65 |
| 2016 | 2,180.31 | +29.4% | 2,628.14 | 1,545.95 |
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 7,099.50 | 7,100.00 | 6,911.00 | 7,066.00 | 6,979.30 | 3,69,072 | 52.2% |
| 22 Oct 2026 | 7,088.00 | 7,230.00 | 7,022.00 | 7,084.50 | 7,085.01 | 4,06,738 | 47.4% |
| 21 Oct 2026 | 7,360.50 | 7,416.00 | 7,088.50 | 7,170.50 | 7,178.46 | 5,70,831 | 44.1% |
| 19 Oct 2026 | 7,320.00 | 7,438.50 | 7,308.00 | 7,349.00 | 7,384.47 | 4,90,129 | 47.8% |
| 16 Oct 2026 | 7,225.50 | 7,286.00 | 7,185.50 | 7,284.50 | 7,252.06 | 3,68,563 | 59.1% |
| 15 Oct 2026 | 7,082.50 | 7,270.50 | 7,050.00 | 7,225.00 | 7,209.55 | 4,18,885 | 50.9% |
| 14 Oct 2026 | 7,135.00 | 7,154.50 | 7,040.00 | 7,082.50 | 7,086.89 | 4,60,500 | 59.3% |
| 13 Oct 2026 | 7,098.00 | 7,170.50 | 7,031.00 | 7,163.00 | 7,116.80 | 3,46,905 | 48.4% |
| 12 Oct 2026 | 7,040.00 | 7,168.00 | 7,008.50 | 7,119.00 | 7,117.19 | 3,77,241 | 54.6% |
| 9 Oct 2026 | 6,815.00 | 7,078.00 | 6,801.00 | 7,050.00 | 7,011.16 | 5,51,231 | 49.7% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 24 Aug 2020 | Split | 0.1000 | Each share became 10. |
About Eicher Motors
Eicher Motors Limited is an Indian multinational automotive company with interests in motorcycles and commercial vehicles. It is headquartered in Chennai. It is the parent company of Royal Enfield, a motorcycle brand, and owns a 54.4% stake in VE Commercial Vehicles Limited (VECV), a joint venture with the Volvo Group. Its customers include individual riders, commercial enterprises and government agencies.
Royal Enfield makes petrol motorcycles in roadster, heritage, cruiser, scrambler, adventure and sport categories. Its first electric motorcycle, the Flying Flea C6, was launched in April 2026. Allied businesses cover apparel, accessories and parts. VECV makes Eicher-branded trucks and buses and Volvo buses, and has exclusive distribution of Volvo trucks in India. It also handles engine manufacturing and exports for the Volvo Group.
Royal Enfield has four manufacturing plants in Tamil Nadu, at Thiruvottiyur, Oragadam, Vallam Vadagal and Cheyyar. It also has seven assembly units outside India, in Argentina, Bangladesh, Brazil (two), Colombia, Nepal and Thailand. Technical centres are in Bruntingthorpe in the United Kingdom and in Chennai. Royal Enfield is present in more than 80 countries, and subsidiaries support its international operations in North America, Brazil, Thailand, the United Kingdom, Canada and the Netherlands.
Eicher Motors was incorporated in 1982. Royal Enfield has made motorcycles since 1901, and its first factory was in Redditch, England. Royal Enfield established a manufacturing plant in Madras, now Chennai, in 1955. In 1994, the Eicher Group acquired the Indian company that made Royal Enfield motorcycles. The joint venture with the Volvo Group has operated since 2008. Siddhartha Lal is the Executive Chairman of Eicher Motors.
- Legal name
- Eicher Motors Limited
- NSE symbol
- EICHERMOT
- BSE code
- 505200
- ISIN
- INE066A01021
- Industry
- Automobiles
- Listed
- Feb 1986 on BSE, Sep 2004 on NSE
- Face value
- ₹1
- CIN
- L34102DL1982PLC129877
- Corporate identity number, the registrar of companies' code for it