Eicher Motors Ltd

505200

Summary

Fair Value Assessment
Overvalued (18% Premium)
Fair ValueQ4,162.89UncertaintyHigh
Close Price4,934.40Feb 27, 2025
4,772.60
Price Down by 161.80 | 3.28 %
Previous Close
4,934.40
Day Range
4,756.20 – 4,931.90
Year Range
3,675.00 – 5,551.75
Bid / Ask
4,769.50 × 4772.7
Market Cap
1.3 Tril
Volume / Average
11.3 k / 9.3 k
Beta
Shares Outstanding
274.15 Mil
Primary Exchange
Bombay Stock Exchange

Business Description
Eicher Motors Ltd is an Indian automobile manufacturer and is also engaged in the retail of related components and accessories. The company manufactures two-wheeler motorcycles and commercial vehicles. The Motorcycles division, which derives its key revenue, produces motorcycles through the Royal Enfield brand. The Commercial Vehicles division, through a joint venture with Volvo, produces trucks and buses for sale in India and other developing markets. The company derives the vast majority of its revenue within India and also has a presence in overseas markets.
Contact
No. 96 Sector 32, Gurugram, HR 122001
T +91 1244415600
www.eicher.in opens in a new tab
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Most Recent Earnings
Dec 31, 2024
Fiscal Year End
Mar 31, 2025
Employees
16,554

Key Metrics

Income Statement (in Bil, except ratios)
12/31/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Revenue
175.61 162.34 141.76 101.27 86.62 90.99
Revenue Growth %
11.20% 14.52% 39.98% 16.92% -4.54% -6.69%
Gross Profit
76.76 70.14 59.64 39.73 34.09 39.47
Gross Profit Margin %
43.71% 43.21% 42.07% 39.23% 39.36% 43.37%
Operating Income
39.58 37.98 29.17 17.26 13.41 18.19
Operating Margin %
22.54% 23.39% 20.58% 17.04% 15.48% 19.99%
EBIT
54.99 50.49 38.28 19.76 15.03 21.53
EBIT Margin %
31.31% 31.10% 27.00% 19.51% 17.36% 23.66%
EBITDA
61.92 56.47 43.54 24.28 19.54 25.35
EBITDA Margin %
35.26% 34.78% 30.71% 23.97% 22.56% 27.86%
Net Income
44.43 40.01 29.14 16.77 13.47 18.27
Net Profit Margin %
25.30% 24.65% 20.56% 16.56% 15.55% 20.08%
Basic EPS
162.17 146.18 106.56 61.33 49.30 66.95
Diluted EPS
161.82 145.92 106.38 61.26 49.24 66.92
Normalized EPS
2,093.71 126.48 98.83 55.58 48.79 -16.73
Total Dividends per Share
51.00 37.00 21.00 17.00 25.00
Balance Sheet (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Total Assets
243.80 231.28 191.98 162.01 145.59 124.50
Total Liabilities
54.00 50.82 42.07 35.93 31.21 24.69
Total Debt
4.04 4.19 2.88 1.08 2.19 2.49
Total Equity
189.80 180.46 149.90 126.08 114.38 99.81
Cash And Cash Equivalents
1.47 1.07 0.89 0.51 0.94 0.43
Working Capital
19.90 5.53 4.49 26.36 61.80 43.50
Shares Outstanding (Bil)
0.27
Book Value Per Share
656.25 548.13 459.62 415.54 362.98
Total Debt To Equity
0.02 0.02 0.02 0.01 0.02 0.02
Cash Flow Statement (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Cash From Operating Activities
31.97 37.24 28.47 15.27 17.14 16.94
Cash From Investing Activities
-18.24 -28.52 -24.22 -9.83 -16.48 -15.08
Cash From Financing Activities
-13.92 -8.44 -4.17 -5.93 -0.15 -8.58
Capital Expenditures
8.19 6.82 6.41 5.55 5.46
Free Cash Flow
24.82 20.81 10.18 8.85 10.55
Change in Cash
-0.19 0.27 0.08 -0.50 0.51 -6.73

Profile

Name (Age)
5-Year Trend
2021
2022
2023
2024
2025
Siddhartha Vikram Lal (—) Director, Managing Director and Chief Executive Officer
Total Compensation for all Key Executives
Transaction History

Shares in Thousands
0 5 10 15 20 25 30 35 40
>
No Data Available
There is no available information for this investment.
Sep
2023
    • Buy
    • Acquisition
    • Option Exercise
    • Disposition
    • Sell
Transaction Detail
No Data Available
There is no available information for this investment.

Ownership

Name
% Total
Shares Held
% Total
Assets
Trend
Prev. 8 Qtrs
Change Amount
Change %
Date
American Funds New World A 1.74 0.43 4,768,804
-521,542
9.86%
Dec 31, 2024
Capital Group New Geography Equity Comp 1.74 0.43 4,768,804
-521,542
9.86%
Dec 31, 2024
SBI Bluechip Reg Gr 1.06 3.07 2,901,820
1,820
0.06%
Jan 31, 2025
HDFC Flexi Cap Gr 1.02 2.20 2,800,000
23,447
0.84%
Jan 31, 2025
SBI Nifty 50 ETF 0.90 0.68 2,469,307
-31,490
1.26%
Jan 31, 2025
Total (for Top 5) 6.46 17,708,735
-1,049,307

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