Eicher Motors Ltd.
Snapshot View

2370.45 -42.95 ▼-1.8%

30 November 2021, 04:02:43 P.M.
Volume: 1,101,715

Overview View Details

Sector Automobile & Ancillaries Compare with Sector peers
Industry Automobile Two & Three Wheelers Compare with Industry peers
Website http://www.eichermotors.com
Financial Indicators
Market Cap 65,967.24 Cr.
Earnings per share (EPS) 61.05 Trailing Twelve Months Ending 2021-09
Price-Earning Ratio (PE) 39.52 Trailing Twelve Months Ending 2021-09
Industry PE 20.66 Trailing Twelve Months Ending 2021-09
Book Value / Share 421.94 Trailing Twelve Months Ending 2021-09
Price to Book Value 5.72 Calculated using Price: 2,412.75
Dividend Yield 0.70 Period Ending 2021-03
No. of Shares Subscribed 27.34 Cr. 273,411,022 Shares
FaceValue 1
Company Profile

Eicher Motors Limited is the flagship company of the Eicher Group in India and a leading player of the Indian automobile industry. The Company is the listed parent of Royal Enfield, the global leader in middleweight motorcycles. The world’s oldest motorcycle brand in continuous production, Royal Enfield has made its distinctive motorcycles since 1901. Focussed on bringing back simple, yet engaging and accessible motorcycling, Royal Enfield operates in India, and over 60 countries around the world with modern development facilities in Leicestershire, UK and Chennai, India. Royal Enfield makes its motorcycles in Chennai, Tamil Nadu for the world. Royal Enfield has evolved into an experiential brand. Royal Enfield with its motorcycle that combines modern-day elements with the brand’s heritage, garners immense enthusiasm amongst global motorcyclists. In addition to motorcycles, Eicher has a joint venture with Sweden’s AB Volvo - Volvo Eicher Commercial Vehicles Limited (VECV) - has pioneered modernisation of commercial vehicles in India and other developing countries.

Business area of the company

The Company is engaged in the manufacturing and selling of motorcycles, spare parts and related services.

Products

  • Motorcycles 
  • Commercial Vehicles (CV) 
  • Engineering Components

Awards

2015-16

  • Emerging Company of the Year award - ET Awards 2015 
  • Best Company of the Year award - Business Standard Annual Awards, 2015

2016-17

  • The Himalayan won the Motorcycle of the Year Award up to 500 cc at the NDTV Car and Bike Awards 2017.

2017-18

  • VECV was honoured with ‘Excellence in HR’ at the Manufacturing Today Awards 2017
  • VECV won ET Now HR Leadership Awards 2018 in the Best Talent Management Strategy

2018-19

  • VECV won ‘Best Risk Management Framework and System Automotive and Auto Ancillary’ award by ICICI Lombard and CNBC TV-18
  • Interceptor 650 won the prestigious ‘Best Modern Classic Middle-Weight’ a prestigious category award at the Thailand Bike of the Year 2019 awards.

2019-20

  • Team Eicher won the Gold Medal in the General Management Category at AIMA Corporate Management Olympiad.
  • VECV won the Best Experiential and Brand Experiences award for ‘Samvaad’, an initiative by Eicher Buses, at BTVI National Awards for Marketing Excellence.

Milestones

  • 1948: Goodearth Company set up to sell and service imported tractors
  • 1952-57: Goodearth Company imported and sold about 1500 tractors in India
  • 1958: Eicher Tractor Corporation of India Limited incorporated
  • 1959: First indigenous Eicher tractor built. Eicher came out with India’s first indigenously built tractor from its Faridabad factory.
  • 1960: Eicher changed name from Eicher Tractor Corporation of India Private Limited to Eicher Tractors India Limited
  • 1965-75: 100% indigenization achieved in Eicher Tractors
  • 1980: Eicher Goodearth Limited name given to Eicher.
  • 1982: Collaboration agreement with Mitsubishi for the manufacture of Light Commercial Vehicles signed in Tokyo. 
  • 1982: Incorporation of Eicher Motors Limited
  • 1985: Silver Jubilee Year for Eicher
  • 1986: Eicher Motors Limited springs into operation
  • 1987: Eicher Tractors went public
  • 1990: Eicher Goodearth buys 26% equity stake in Enfield India Limited
  • 1991: ECS launched; Eicher takes over Ramon & Demm.
  • 1992: Eicher Tractors Limited selected as ‘Company of the Year’ for 1990-91 in the four-wheeler category comprising commercial vehicles, passenger cars, jeeps and tractors.
  • 1993: Eicher adopts new identifier. Eicher acquires majority stake in Enfield India (60% equity shareholding)
  • 1994: Eicher Motors Limited ends the technical assistance agreement with Mitsubishi after a successful transfer of technology and achieving total indigenisation. Enfield India Limited changed its name to Royal Enfield Motors Limited
  • 1996: Eicher Tractors Limited amalgamated with Royal Enfield Motors to form Eicher Limited
  • 2005: Eicher Motors Limited has disinvested the businesses of tractors and engines to TAFE Motors & Tractors Limited (TMTL).
  • 2008: Volvo Group and Eicher Motors Limited established VE Commercial Vehicles Limited (VECV).
  • 2010: The company launched the VE-series of Heavy Duty trucks
  • 2012: Royal Enfield launches the Thunderbird 500 and 350 models.
  • 2013: Royal Enfield opens second manufacturing facility in Oragadam, Tamil Nadu. 
  • 2014: Royal Enfield opens its first concept store in Saket, New Delhi and launches its first exclusive store in London, UK.
  • 2015: Royal Enfield acquires erstwhile collaborators Harris Performance of the U.K., a motorcycle engineering and design firm, to enhance its engineering and product design capabilities.
  • 2015: Royal Enfield sets up its first direct distribution subsidiary outside India, in North America. Royal Enfield North America (RENA) is headquartered in Milwaukee, Wisconsin.
  • 2016: Royal Enfield debuts its first purpose-built adventure tourer motorcycle - the Himalayan. With the all-new LS410 engine and terrain-tested chassis, it promises the ride of a lifetime on all roads and no roads
  • 2017: Royal Enfield moves into its state-of-the-art Tech Centre at Leicestershire, UK to design and develop new motorcycle platforms for the global market
  • 2018: Royal Enfield launches its first air-cooled parallel twin cylinder motorcycles in 50 years - Continental GT 650 and Interceptor INT 650 for the International and domestic market
  • 2019: Royal Enfield transitions to BS VI emission norms for its current motorcycle portfolio and grew its retail network by opening studio stores - a unique, compact format that will house the entire range of Royal Enfield motorcycles

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-1.78%
1 Week
-8.80%
1 Month
-4.60%
3 Month
-7.18%
6 Month
-10.16%
1 Year
-6.48%
2 Year
+3.60%
5 Year
+9.64%
9 years 2012-12 2013-12 2014-12 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 29.24 27.58 30.70 38.74 34.13 31.35 24.79 19.13 12.37
Return on Capital Employed (%) 36.42 34.64 42.53 55.40 49.22 45.33 37.41 24.36 16.42
Return on Assets (%) 11.49 10.71 11.95 19.45 23.73 23.27 18.77 15.07 9.74

Balance Sheet View Details

Particulars 10 years 2011-12 Rs. Cr. 2012-12 Rs. Cr. 2013-12 Rs. Cr. 2014-12 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 1,493 1,755 2,055 2,516 3,653 5,345 7,030 8,919 9,981 11,438
Non Curr. Liab. 135 197 254 329 975 134 227 370 450 492
Curr. Liab. 1,327 1,571 1,988 2,473 1,205 1,530 2,265 2,098 2,019 2,629
Minority Int. 838 948 1,040 1,085
Equity & Liab. 3,793 4,471 5,337 6,403 5,833 7,009 9,522 11,387 12,450 14,559
Non Curr. Assets 1,112 1,833 2,425 3,502 4,784 5,628 6,987 6,972 6,075 5,750
Curr. Assets 2,682 2,639 2,911 2,902 1,049 1,381 2,535 4,415 6,375 8,808
Misc. Exp. not W/O
Total Assets 3,793 4,471 5,337 6,403 5,833 7,009 9,522 11,387 12,450 14,559

Profit Loss View Details

Particulars 10 years 2011-12 Rs. Cr. 2012-12 Rs. Cr. 2013-12 Rs. Cr. 2014-12 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 5,684 6,390 6,810 8,738 6,173 7,033 8,965 9,797 9,154 8,720
Other Income 142 137 95 107 178 227 280 443 543 453
Total Income 5,827 6,527 6,905 8,846 6,352 7,261 9,245 10,240 9,697 9,174
Total Expenditure -5,095 -5,841 -6,097 -7,624 -4,484 -4,859 -6,157 -6,894 -6,973 -6,939
PBIDT 732 686 808 1,222 1,868 2,401 3,088 3,347 2,724 2,234
Interest -8 -4 -8 -10 -2 -4 -5 -7 -19 -16
Depreciation -64 -82 -130 -220 -137 -154 -223 -300 -382 -451
Taxation -163 -125 -145 -291 -539 -720 -936 -1,077 -527 -452
Exceptional Items
PAT 497 475 525 702 1,190 1,524 1,923 1,962 1,796 1,316

Cash Flow View Details

Particulars 10 years 2011-12 Rs. Cr. 2012-12 Rs. Cr. 2013-12 Rs. Cr. 2014-12 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 405 496 716 1,047 1,463 1,708 2,482 1,575 1,694 1,714
Cash Fr. Inv. -338 -773 -790 -1,214 -1,001 -1,744 -2,145 -660 -1,508 -1,648
Cash Fr. Finan. -114 -111 -47 -162 -466 25 -262 -292 -858 -15
Net Change -47 -388 -121 -329 -4 -10 75 623 -673 51
Cash & Cash Eqvt 1,192 804 683 353 13 17 92 716 43 94

Shareholding Pattern View Details

9 Qtrs 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%)
Promoter 49.31 49.28 49.28 49.28 49.25 49.24 49.23 49.22 49.22
Public 50.69 50.72 50.72 50.72 50.75 50.76 50.77 50.78 50.78
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Mon, 29 Nov 2021
Analysts/Institutional Investor Meet/Con. Call Updates
Eicher Motors Limited has informed the Exchange about Schedule of meet
Fri, 26 Nov 2021
Press Release
Eicher Motors Limited has informed the Exchange regarding a press release dated November 25, 2021, titled "Regulation 30 of the SEBI (LODR) Regulations, 2015 Press Release".
Thu, 25 Nov 2021
Loss of Share Certificates
Eicher Motors Limited has informed the Exchange about Loss of Share Certificates

Technical Scans View Details

Mon, 29 Nov 2021
Close Crossing Last Week Low Close Crossing Last Week Low
Closing Below Previous Low Closing Below Previous Low
Closing Below Previous Low for 3 days Closing Below Previous Low for 3 days
Making Lower Lows for 3 days Making Lower Lows for 3 days
Close Within 52 Week Low Zone Close Within 52 Week Low Zone

Related Stocks View Details

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Maruti Suzuki India Ltd. 215,887.56 7,067.80 -1.1%
Tata Motors Ltd. 153,215.60 458.60 -0.6%
Mahindra & Mahindra Ltd. 105,609.21 835.50 -1.8%
Bajaj Auto Ltd. 95,201.75 3,240.30 -1.8%
Motherson Sumi Systems Ltd. 67,595.58 209.85 -2.0%
Hero MotoCorp Ltd. 49,677.57 2,449.30 -1.7%
Bosch Ltd. 47,804.32 16,168.50 -0.8%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2021-09 51.41 7,067.80 -1.1%
Tata Motors Ltd. Consolidated 2021-09 0.00 458.60 -0.6%
Mahindra & Mahindra Ltd. Consolidated 2021-09 25.59 835.50 -1.8%
Bajaj Auto Ltd. Consolidated 2021-09 14.70 3,240.30 -1.8%
Motherson Sumi Systems Ltd. Consolidated 2021-09 33.50 209.85 -2.0%
Hero MotoCorp Ltd. Consolidated 2021-09 17.12 2,449.30 -1.7%
Bosch Ltd. Consolidated 2021-09 36.78 16,168.50 -0.8%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2021-09 4.13 7,067.80 -1.1%
Tata Motors Ltd. Consolidated 2021-09 3.44 458.60 -0.6%
Mahindra & Mahindra Ltd. Consolidated 2021-09 2.45 835.50 -1.8%
Bajaj Auto Ltd. Consolidated 2021-09 3.52 3,240.30 -1.8%
Motherson Sumi Systems Ltd. Consolidated 2021-09 5.81 209.85 -2.0%
Hero MotoCorp Ltd. Consolidated 2021-09 3.16 2,449.30 -1.7%
Bosch Ltd. Consolidated 2021-09 4.68 16,168.50 -0.8%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2021-03 0.01 7,067.80 -1.1%
Tata Motors Ltd. Consolidated 2021-03 2.46 458.60 -0.6%
Mahindra & Mahindra Ltd. Consolidated 2021-03 1.95 835.50 -1.8%
Bajaj Auto Ltd. Consolidated 2021-03 0.00 3,240.30 -1.8%
Motherson Sumi Systems Ltd. Consolidated 2021-03 0.92 209.85 -2.0%
Hero MotoCorp Ltd. Consolidated 2021-03 0.02 2,449.30 -1.7%
Bosch Ltd. Consolidated 2021-03 0.00 16,168.50 -0.8%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2021-03 8.28 7,067.80 -1.1%
Tata Motors Ltd. Consolidated 2021-03 -22.17 458.60 -0.6%
Mahindra & Mahindra Ltd. Consolidated 2021-03 0.57 835.50 -1.8%
Bajaj Auto Ltd. Consolidated 2021-03 18.60 3,240.30 -1.8%
Motherson Sumi Systems Ltd. Consolidated 2021-03 13.55 209.85 -2.0%
Hero MotoCorp Ltd. Consolidated 2021-03 20.03 2,449.30 -1.7%
Bosch Ltd. Consolidated 2021-03 5.04 16,168.50 -0.8%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2021-03 10.25 7,067.80 -1.1%
Tata Motors Ltd. Consolidated 2021-03 -1.27 458.60 -0.6%
Mahindra & Mahindra Ltd. Consolidated 2021-03 6.52 835.50 -1.8%
Bajaj Auto Ltd. Consolidated 2021-03 24.16 3,240.30 -1.8%
Motherson Sumi Systems Ltd. Consolidated 2021-03 9.20 209.85 -2.0%
Hero MotoCorp Ltd. Consolidated 2021-03 25.96 2,449.30 -1.7%
Bosch Ltd. Consolidated 2021-03 6.07 16,168.50 -0.8%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2021-03 70,372.00 7,067.80 -1.1%
Tata Motors Ltd. Consolidated 2021-03 249,794.75 458.60 -0.6%
Mahindra & Mahindra Ltd. Consolidated 2021-03 89,026.76 835.50 -1.8%
Bajaj Auto Ltd. Consolidated 2021-03 27,741.08 3,240.30 -1.8%
Motherson Sumi Systems Ltd. Consolidated 2021-03 61,508.10 209.85 -2.0%
Hero MotoCorp Ltd. Consolidated 2021-03 30,959.19 2,449.30 -1.7%
Bosch Ltd. Consolidated 2021-03 9,716.20 16,168.50 -0.8%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2021-03 4,220.10 7,067.80 -1.1%
Tata Motors Ltd. Consolidated 2021-03 -13,016.14 458.60 -0.6%
Mahindra & Mahindra Ltd. Consolidated 2021-03 230.44 835.50 -1.8%
Bajaj Auto Ltd. Consolidated 2021-03 4,550.70 3,240.30 -1.8%
Motherson Sumi Systems Ltd. Consolidated 2021-03 1,484.50 209.85 -2.0%
Hero MotoCorp Ltd. Consolidated 2021-03 2,982.61 2,449.30 -1.7%
Bosch Ltd. Consolidated 2021-03 480.70 16,168.50 -0.8%