Eicher Motors Ltd Stock Price Today (NSE: EICHERMOT)

Eicher Motors Ltd

EICHERMOT2/3 Wheelers
7220.0023.00 (0.32%)
Market Closed

Fundamental Score

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Eicher Motors Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Eicher Motors Ltd share price today is 7220.00, down 0.32% on NSE/BSE as of 21 April 2026. Eicher Motors Ltd (EICHERMOT) is a Large-cap company in the 2/3 Wheelers sector with a market capitalisation of 1.95L (Cr). The 52-week high for EICHERMOT share price is 8230.00 and the 52-week low is 5219.50. At a P/E ratio of 38.26x, EICHERMOT is currently trading above its industry average P/E of 30.49x. The company has a Return on Equity (ROE) of 24.10% and a debt-to-equity ratio of 0.02.

Eicher Motors Ltd Share Price Chart — NSE/BSE Historical Performance

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Institutional Deep-Dive

Bull Run Research Hub

Live Price:₹7220.00— Analysis below may reference an earlier price snapshot.

Eicher Motors Share Price: A Financial Risk Assessment

The two and three-wheeler industry is experiencing a significant shift, driven by increasing demand for electric vehicles and stricter emission norms. This dynamic landscape presents both opportunities and challenges for established players. This analysis focuses on evaluating the financial stability and risk profile of Eicher Motors, with specific reference to the Eicher Motors share price, currently observed at ₹7177.5. This assessment is part of an 80-parameter fundamental audit, verified by Sweta Mishra, to ensure a comprehensive and objective view of the company's financial health.

A crucial metric in assessing Eicher Motors is its Price-to-Earnings (PE) ratio of 38.26. This valuation needs to be interpreted carefully in the context of its sector peers like Bajaj Auto Limited. While PE ratios offer a snapshot of relative value, they should be coupled with qualitative assessments of factors like management quality. It is observed that both Eicher Motors and Bajaj Auto exhibit strong management teams, but their strategic approaches to navigating the evolving EV landscape may differ, impacting future performance and investor sentiment. Further investigation into capital allocation decisions and responsiveness to market changes is warranted.

Eicher Motors demonstrates a robust Return on Capital Employed (ROCE) of 29.81%. This high ROCE suggests that the company is effectively generating profit from its invested capital. A consistently high ROCE is often indicative of a strong economic moat – a sustainable competitive advantage. In Eicher's case, this moat could be attributed to its brand reputation (especially for Royal Enfield), efficient operations, or a combination of factors that make it difficult for competitors to replicate its success. This strong moat, however, needs constant reinforcement through innovation and adaptation to remain effective in the face of emerging EV players such as Ola Electric Mobility Ltd and Wardwizard Innovations & Mobility Ltd.

Finally, a holistic risk assessment requires continuous monitoring of macroeconomic factors, regulatory changes, and technological advancements. While the current financial indicators appear positive, a thorough evaluation of the competitive landscape and strategic adaptability remains paramount for a balanced perspective on the long-term sustainability of Eicher Motors.

Analysis by Sweta Mishra
SEBI Registered Research Analyst

Eicher Motors Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
6766.006766.006585.006649.506.60L (Cr)
6787.506891.506750.006825.507.37L (Cr)
6730.506784.006571.506586.0010.15L (Cr)
6915.006916.506742.006811.505.33L (Cr)
6988.007073.006904.006992.504.90L (Cr)
6800.006966.506753.006871.007.24L (Cr)
6790.006831.506661.006681.503.80L (Cr)
6802.506928.006802.506909.005.75L (Cr)
6929.006943.506750.006793.006.29L (Cr)
6984.007068.006971.007027.505.57L (Cr)

Eicher Motors Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
6787.506891.506585.006649.50-2.03%
7800.007996.506571.506586.00-15.56%
6805.008230.006738.008010.50+17.71%
7317.007613.506851.007122.50-2.66%
7061.507374.507013.507312.50+3.55%
7030.007284.506670.007053.50+0.33%
7000.007104.506792.007007.00+0.10%
6085.007122.506085.007005.50+15.13%
5551.006269.505475.006103.00+9.94%
5656.505774.505353.005468.50-3.32%
5340.005685.005219.505656.50+5.93%
5560.005628.005260.505333.50-4.07%

AI Research Briefing

Powered by Gemini · 2026-04-15

Eicher's premium valuation bakes in flawless execution of its EV transition, leaving no margin for error.

Research Confidence
6.0/10Moderate
WAR NARRATIVE TRADEConsolidation; CMP is -19.2% from 52W high.Expensive; P/E of 38.26x vs Industry P/E of 30.49x.

WHAT'S HAPPENING NOW (last 2-4 weeks):

Eicher Motors' Royal Enfield reported record sales for FY26 at 12.3 lakh units, a 23% YoY increase. March 2026 sales were up 11% YoY to 112,334 units. Royal Enfield launched its first electric motorcycle, the Flying Flea C6, priced at ₹2.79 lakh (ex-showroom) or ₹1.99 lakh under a Battery-as-a-Service option. Bookings opened April 10, 2026, with deliveries starting late May. VE Commercial Vehicles (VECV) sales rose 10.1% YoY in March 2026 to 13,311 units.

� CORE STORY (THE REAL GAME):

Eicher is an electrification play, pivoting from legacy ICE motorcycles to EVs while defending its premium brand.

Why Now
  • Royal Enfield's record sales in FY26
  • Launch of first electric motorcycle
  • VECV sales growth
Potential Catalysts
  • Successful EV launches and market reception
  • Stronger-than-expected sales growth in international markets
  • Favorable policy changes regarding EV adoption
Key Risks
  • High valuation relative to industry peers
  • Potential disruption from EV transition
  • Delhi's proposed ban on petrol 2/3 wheelers from 2028
Institutional Activity

FII increased holdings by 1.16%, while DII decreased holdings by 1.05%.

Macro Context

Government push for EV adoption is a tailwind, but potential bans on ICE vehicles create uncertainty.

Cash Flow Quality

Yes; Free Cash Flow 5Y: ₹10074.12 Cr.

3–6 Month Outlook

Eicher's success hinges on its ability to navigate the EV transition while maintaining its brand appeal. Expect volatility as the market adjusts to evolving regulations and consumer preferences.

Primary Thesis Risk

Poorly managed EV transition will destroy the brand and valuation.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Excellent

ROE

24.10%
Excellent

ROCE

29.81%
Excellent

OPM (5Y)

23.90%

Div Yield

0.98%

Eicher Motors Ltd Valuation Check

Poor

P/E Ratio

38.26x
Poor

Industry P/E

30.49x
Market-cap Classification
Large-cap
Established & liquid; typically steadier returns.

Shareholding Pattern

Excellent

Promoter

49.06%
Excellent

FII

26.98%
Good

DII

14.62%
Excellent

Pledged

0.00%

Growth Engine

Excellent

Profit Growth (Q)

24.46%
Excellent

Sales Growth (Q)

44.77%
Excellent

Sales Growth (5Y)

15.57%
Excellent

EPS Growth (5Y)

20.89%
Excellent

Profit Growth (5Y)

20.98%

Balance Sheet Health

Excellent

Debt to Equity

0.02x
Excellent

Int. Coverage

104.22x

Free Cash Flow (5Y)

10.07K (Cr)

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Eicher Motors Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of EICHERMOT across key market metrics for learning purposes.

Positive Indicators

13 factors identified

Strong Return on Equity (24.10%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (29.81%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Strong Operating Margins (23.90%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Robust Profit Growth (24.46%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (44.77%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Consistent Growth Track Record (15.57% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (20.89% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (20.98% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Conservative Debt Levels (D/E: 0.02)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (104.22x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Strong Cash Generation (₹10074.12 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Strong Institutional Confidence (FII+DII: 41.60%)

Observation: Significant professional investor participation.

Analysis: High institutional holding often signals thorough due diligence.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

0 factors identified

No significant concerns identified in current analysis.

Peer Comparison - 2/3 Wheelers

Compare Eicher Motors Ltd with 9 other companies in the same sector

10 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
70.7/100
7220
₹195400.67
38.3
Average
24.10%
Excellent
29.81%
Excellent
0.0
Excellent
20.98%
Excellent
15.57%
Excellent
0.98%
62.6/100
9793
₹253966.54
30.5
Average
22.77%
Excellent
0.00%
Poor
0.6
Good
0.00%
Average
0.00%
Average
0.00%
63.7/100
3751
₹173895.99
66.7
Average
28.39%
Excellent
0.00%
Poor
2.1
Poor
0.00%
Average
0.00%
Average
0.00%
55.3/100
5265
₹125973.62
23.8
Average
23.06%
Excellent
0.00%
Poor
0.0
Excellent
0.00%
Average
0.00%
Average
0.00%
39.8/100
895
₹27015.36
0.0
Average
-156.50%
Poor
0.00%
Poor
0.2
Excellent
0.00%
Average
0.00%
Average
0.00%
0/100
37
₹17912.25
0.0
Average
-107.52%
Poor
0.00%
Poor
0.7
Good
0.00%
Average
0.00%
Average
0.00%
2.2/100
31
₹614.04
0.0
Average
-808.66%
Poor
0.00%
Poor
17.8
Poor
0.00%
Average
0.00%
Average
0.00%
0.7/100
8
₹287.63
24.8
Average
6.50%
Poor
0.00%
Poor
1.3
Average
0.00%
Average
0.00%
Average
0.00%
61.09999999999999/100
33
₹254.43
17.0
Average
19.25%
Good
0.00%
Poor
0.3
Excellent
0.00%
Average
0.00%
Average
0.00%
52.3/100
48
₹81.65
8.7
Average
18.49%
Good
0.00%
Poor
0.1
Excellent
0.00%
Average
0.00%
Average
0.00%

Eicher Motors Ltd Financial Statements

Comprehensive financial data for Eicher Motors Ltd including income statement, balance sheet and cash flow

About EICHERMOT (Eicher Motors Ltd)

Eicher Motors Ltd is a distinctive player in the automotive landscape, primarily recognized for its iconic Royal Enfield motorcycles. The company's two-wheeler division crafts mach...ines that evoke a sense of heritage while embracing modern technology. Beyond simply manufacturing motorcycles, Eicher cultivates a culture around the Royal Enfield brand, nurturing a global community of riders who appreciate the bikes' distinctive styling and robust performance. Their product range extends beyond the motorcycles themselves to encompass a lifestyle ecosystem, including branded apparel, accessories, and riding gear, all designed to complement the riding experience. Eicher's commitment to quality and its focus on creating a unique brand identity have positioned it as a dominant force in the premium motorcycle segment. Eicher's two and three-wheeler strategy is centered on its Royal Enfield brand, celebrated for its retro-inspired designs and enduring appeal. Royal Enfield motorcycles are more than just a mode of transport; they represent a lifestyle choice, a connection to a bygone era of motorcycling. The company meticulously crafts its machines, blending traditional craftsmanship with modern engineering to deliver a riding experience that is both authentic and reliable. This dedication to quality extends beyond the motorcycles themselves, encompassing a comprehensive range of accessories and apparel designed to enhance the rider's journey and create a sense of belonging within the Royal Enfield community. Through strategic branding and a focus on customer engagement, Eicher Motors has transformed Royal Enfield into a global icon. The company actively fosters a passionate community of riders through organized rides, events, and online platforms, creating a strong sense of brand loyalty. Eicher also understands the importance of innovation and continually invests in research and development to ensure that its motorcycles remain at the forefront of technology and design. This commitment to both heritage and innovation allows Eicher to appeal to a broad spectrum of riders, from those seeking a classic riding experience to those seeking a modern interpretation of a timeless design.

Company Details

Symbol:EICHERMOT
Industry:2/3 Wheelers
Sector:2/3 Wheelers

Key Leadership

Mr. Siddhartha Vikram Lal PGDME
Executive Chairman
Mr. Govindarajan Balakrishnan
MD, Director & CEO of Royal Enfield
Ms. Vidhya Srinivasan
Chief Financial Officer

Corporate Events

Upcoming
Earnings Date
Recent
Ex-Dividend Date

EICHERMOT Share Price: Frequently Asked Questions

What is the current share price of Eicher Motors Ltd?

As of 21 Apr 2026, 09:58 am IST, Eicher Motors Ltd share price is ₹7220.00. The Eicher Motors Ltd stock has a market capitalisation of ₹1.95L (Cr) on NSE/BSE.

Is Eicher Motors Ltd share price Overvalued or Undervalued?

Eicher Motors Ltd share price is currently trading at a P/E ratio of 38.26x, compared to the industry average of 30.49x. Based on this relative valuation, the Eicher Motors Ltd stock appears to be Overvalued against its sector peers.

What is the 52-week high and low of Eicher Motors Ltd share price?

The 52-week high of Eicher Motors Ltd share price is ₹8230.00 and the 52-week low is ₹5219.50. These values are updated daily from NSE/BSE price data.

What factors affect the Eicher Motors Ltd share price?

Key factors influencing Eicher Motors Ltd share price include quarterly earnings growth (Sales Growth: 44.77%), raw material costs, government spending, and institutional flows (FII/DII holding).

Is Eicher Motors Ltd a good stock for long-term investment?

Eicher Motors Ltd shows a 5-year Profit Growth of 20.98% and an ROE of 24.10%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.02 before investing in Eicher Motors Ltd shares.

How does Eicher Motors Ltd compare with its industry peers?

Eicher Motors Ltd competes with major peers in the 2/3 Wheelers. Investors should compare Eicher Motors Ltd share price P/E of 38.26x and ROE of 24.10% against the industry averages to determine competitive standing.

What is the P/E ratio of Eicher Motors Ltd and what does it mean?

Eicher Motors Ltd share price has a P/E ratio of 38.26x compared to the industry average of 30.49x. Investors pay ₹38 for every ₹1 of annual earnings.

How is Eicher Motors Ltd performing according to Bull Run's analysis?

Eicher Motors Ltd has a Bull Run fundamental score of 70.7/100, indicating strong fundamentals and excellent investment quality. This comprehensive rating is based on 15+ financial parameters.

What sector and industry does Eicher Motors Ltd belong to?

Eicher Motors Ltd operates in the 2/3 Wheelers industry. This classification helps understand the competitive landscape and sector-specific trends affecting Eicher Motors Ltd share price.

What is Return on Equity (ROE) and why is it important for EICHERMOT?

EICHERMOT has an ROE of 24.10%, which indicates excellent management efficiency. ROE measures how efficiently Eicher Motors Ltd generates profits from shareholders capital.

How is EICHERMOT debt-to-equity ratio and what does it indicate?

EICHERMOT has a debt-to-equity ratio of 0.02, which indicates conservative financing with low financial risk.

What is EICHERMOT dividend yield and is it a good dividend stock?

EICHERMOT offers a dividend yield of 0.98%, meaning you receive ₹0.98 annual dividend for every ₹100 invested in Eicher Motors Ltd shares.

How has EICHERMOT share price grown over the past 5 years?

EICHERMOT has achieved 5-year growth rates of: Sales Growth 15.57%, Profit Growth 20.98%, and EPS Growth 20.89%.

What is the promoter holding in EICHERMOT and why does it matter?

Promoters hold 49.06% of EICHERMOT shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in Eicher Motors Ltd.

What is EICHERMOT market capitalisation category?

EICHERMOT has a market capitalisation of ₹195401 crores, placing it in the Large-cap category.

How volatile is EICHERMOT stock?

EICHERMOT has a beta of N/A. A beta > 1 suggests the Eicher Motors Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.

What is EICHERMOT operating profit margin trend?

EICHERMOT has a 5-year average Operating Profit Margin (OPM) of 23.90%, indicating the company's operational efficiency.

How is EICHERMOT quarterly performance?

Recent quarterly performance shows Eicher Motors Ltd YoY Sales Growth of 44.77% and YoY Profit Growth of 24.46%.

What is the institutional holding pattern in EICHERMOT?

EICHERMOT has FII holding of 26.98% and DII holding of 14.62%. Significant institutional holding often suggests professional confidence in the Eicher Motors Ltd stock.