| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 6,632 | 5,042 | +31.5% |
| EBITDA | 1,591 | 1,203 | +32.2% |
| EBITDA margin | 24.0% | 23.9% | +0.1 pts |
| Profit before tax | 1,758 | 1,436 | +22.4% |
| Net profit | 1,463 | 1,205 | +21.3% |
| EPS | ₹53.30 | ₹43.95 | +21.3% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 2,00,239 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 3,066 | 3,066 | 1,067 | 288 | 309 | ||
| 2.2 | 2.2 | 0.0 | — | 0.0 | ||
| 319 | 319 | 266 | 276 | 196 | ||
| 1,97,494 | — | — | — | — | ||
| 24,998 | 23,408 | 18,870 | 16,536 | 14,442 | ||
| — | +24.0% | +14.1% | +14.5% | — | ||
| 6,173 | 5,785 | 4,712 | 4,327 | 3,444 | ||
| 24.7% | 24.7% | 25.0% | 26.2% | 23.8% | ||
| 5,253 | 4,945 | 3,983 | 3,729 | 2,917 | ||
| 5,773 | 5,515 | 4,734 | 4,001 | 2,914 | ||
| 23.1% | 23.6% | 25.1% | 24.2% | 20.2% | ||
| ₹210.45 | ₹201.07 | ₹172.60 | ₹145.86 | ₹106.23 | ||
| — | +16.5% | +18.3% | +37.3% | — | ||
| — | 4,805 | 3,980 | 3,742 | 2,847 | ||
| — | −1,275 | −1,039 | −819 | −682 | ||
| 3,530 | 3,530 | 2,941 | 2,923 | 2,165 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 2,00,239.0 | |
| - Cash, Equiv & ST Investments | 308.7 | 288.1 | 1,066.5 | 3,066.3 | 3,066.3 | |
| + Minority Interest | 0.0 | — | 0.0 | 2.2 | 2.2 | |
| + Total Debt | 195.7 | 275.6 | 266.5 | 319.0 | 319.0 | |
| Enterprise Value | — | — | — | — | 1,97,494.0 | |
| Revenue | 14,442.2 | 16,535.8 | 18,870.4 | 23,407.6 | 24,998.1 | |
| Growth %, YoY | — | +14.5 | +14.1 | +24.0 | — | |
| EBITDA | 3,443.6 | 4,326.9 | 4,712.0 | 5,785.1 | 6,172.9 | |
| Margin % | 23.84 | 26.17 | 24.97 | 24.71 | 24.69 | |
| EBIT | 2,917.4 | 3,729.3 | 3,982.7 | 4,944.7 | 5,253.1 | |
| Net Income | 2,913.9 | 4,001.0 | 4,734.4 | 5,515.2 | 5,772.5 | |
| Margin % | 20.18 | 24.20 | 25.09 | 23.56 | 23.09 | |
| EPS, Adj (current shares) | 106.23 | 145.86 | 172.60 | 201.07 | 210.45 | |
| Growth %, YoY | — | +37.3 | +18.3 | +16.5 | — | |
| Cash from Operations | 2,847.5 | 3,741.8 | 3,979.9 | 4,804.8 | — | |
| Capital Expenditures | -682.5 | -818.5 | -1,039.3 | -1,275.3 | — | |
| Free Cash Flow | 2,165.0 | 2,923.2 | 2,940.6 | 3,529.6 | 3,529.6 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Eicher Motors (NSE: EICHERMOT) had a market capitalisation of ₹1,98,683 crore at the 29 October 2026 close (₹7,238.00 a share), a PE ratio of 34.4 on the last four quarters' profit and a price-to-book ratio of 7.92. In FY26 its consolidated net profit was ₹5,515 crore on revenue of ₹23,408 crore; in Q1 FY27 (April–June 2026) it was ₹1,463 crore, up 21.3% year on year. Its debt-to-equity ratio was 0.01 on 31 March 2026. Promoters held 49.02% of the shares on 30 September 2026.
Eicher Motors' PE ratio is 34.4 at the 29 October 2026 close (₹7,238.00 a share): a market capitalisation of ₹1,98,683 crore divided by consolidated net profit of ₹5,773 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹5,515 crore) it is 36.0.
No. Eicher Motors had borrowings of ₹319 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.01. Its cash and current investments were ₹3,088 crore, so it held net cash of ₹2,769 crore.
Eicher Motors' debt-to-equity ratio was 0.01 on 31 March 2026: borrowings of ₹319 crore against total equity of ₹25,100 crore. A year earlier, on 31 March 2025, it was 0.01.
Eicher Motors' price-to-book (PB) ratio is 7.92 at the 29 October 2026 close: a market capitalisation of ₹1,98,683 crore divided by shareholders' equity (book value) of ₹25,100 crore on 31 March 2026. That is a book value of ₹914.40 per share against a share price of ₹7,238.00.
Eicher Motors' net worth — shareholders' equity in its consolidated balance sheet — was ₹25,100 crore on 31 March 2026, up 17.9% from ₹21,296 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹1,98,683 crore at the 29 October 2026 close.
In FY26, Eicher Motors' return on equity (ROE) was 23.8% and its return on capital employed (ROCE) was 19.8%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 24.1% and ROCE 18.8%.
Eicher Motors' market capitalisation was ₹1,98,683 crore (₹1.99 lakh crore) at the 29 October 2026 close: 27.45 crore shares at ₹7,238.00 each.
Eicher Motors' basic earnings per share (EPS) were ₹201.09 in FY26, against ₹172.76 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹210.43.
In 2026, Eicher Motors has declared one dividend: ₹82 with record date 31 July 2026.
Eicher Motors' book value per share was ₹914.40 on 31 March 2026: shareholders' equity of ₹25,100 crore divided by the 27.45 crore shares in issue, up 17.7% from ₹776.68 a year earlier. The share price at the 29 October 2026 close was ₹7,238.00.
Eicher Motors' latest results are for Q1 FY27 (April–June 2026), filed on 29 July 2026: consolidated net profit ₹1,463 crore, up 21.3% from ₹1,205 crore in Q1 FY26; revenue from operations ₹6,632 crore, up 31.5% year on year.
In FY26 (April 2025–March 2026), Eicher Motors' consolidated net profit was ₹5,515 crore, up 16.5% from ₹4,734 crore in FY25, on revenue from operations of ₹23,408 crore (up 24.0%). Over three years, from FY23, net profit was up 89.3%.
Eicher Motors' dividend yield is 1.13% at the 29 October 2026 close: dividends of ₹82 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹7,238.00. They were ₹82 on 31 July 2026.
Promoters held 49.02% of Eicher Motors on 30 September 2026, unchanged from the previous quarter and down 0.04 percentage points from 49.06% a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Eicher Motors generated ₹4,805 crore of cash from operations and spent ₹1,275 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹3,530 crore. In FY25 it was ₹2,941 crore.
On 30 September 2026, Eicher Motors' shares were held by promoters 49.02%, foreign portfolio investors (FII/FPI) 24.02%, domestic institutions (DII) 17.60% (including mutual funds at 10.35%) and retail and other non-institutional investors 9.36%. Over the year, FII holding was down 2.96 percentage points from 26.98% and DII holding was up 2.88 percentage points from 14.72%.
At the 29 October 2026 closing prices, on FY26 net profit, Eicher Motors' PE ratio is 36.0, the second highest of the four: Bajaj Auto 26.6, Hero MotoCorp 17.8 and TVS Motor 67.4, a peer average of 37.2. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26, Eicher Motors earned net profit of ₹5,515 crore on revenue of ₹23,408 crore, against ₹10,744 crore on ₹62,905 crore for Bajaj Auto. Eicher Motors' operating margin was 21.1% (Bajaj Auto 19.7%) and its return on equity 23.8% (Bajaj Auto 29.0%). At the 29 October 2026 close, Eicher Motors' market capitalisation was ₹1,98,683 crore against ₹2,85,335 crore for Bajaj Auto, and its PE ratio on FY26 profit 36.0 against 26.6.
Eicher Motors has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.
On FY26 consolidated figures, against Bajaj Auto, Hero MotoCorp and TVS Motor: Eicher Motors' operating margin of 21.1% is the highest of the four (Bajaj Auto 19.7%, Hero MotoCorp 13.1%, TVS Motor 12.7%; peer average 15.2%); its return on equity of 23.8% is the lowest of the four (Bajaj Auto 29.0%, Hero MotoCorp 28.1%, TVS Motor 33.4%; peer average 30.2%); its revenue growth over three years of 17.5% a year is the third highest of the four (Bajaj Auto 19.9% a year, Hero MotoCorp 11.6% a year, TVS Motor 20.6% a year; peer average 17.4% a year).
From Eicher Motors' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.