EICHERMOT

Eicher Motors Share Price Eicher Motors

₹4,019.3
105.5 (2.7%)
  • Advice
  • Hold
28 March, 2024 23:09 BSE: 505200 NSE: EICHERMOTISIN: INE066A01021

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Eicher Motors Performance

Day Range

  • Low 3,892
  • High 4,075
₹ 4,019

52 Week Range

  • Low 2,836
  • High 4,200
₹ 4,019
  • Open Price3,915
  • Previous Close3,914
  • Volume1307106

Eicher Motors Share Price

  • Over 1 Month 4.03%
  • Over 3 Month -1.77%
  • Over 6 Month 16.83%
  • Over 1 Year 40.91%

Eicher Motors Key Statistics

P/E Ratio 28.7
PEG Ratio 0.6
Market Cap Cr 110,049
Price to Book Ratio 7.3
EPS 95.8
Dividend 0.9
Relative Strength Index 61.86
Money Flow Index 66.73
MACD Signal 0.52
Average True Range 107.44
Eicher Motors Financials
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 4,0543,9313,8443,770
Operating Expenses Qtr Cr 2,9392,8332,8892,887
Operating Profit Qtr Cr 1,1151,0971,013945
Depreciation Qtr Cr 138131135142
Interest Qtr Cr 5533
Tax Qtr Cr 307299295255
Net Profit Qtr Cr 914939914747
IndicatorMar 2023
Total Revenue Annual Cr 14,706
Operating Expenses Annual Cr 10,673
Operating Profit Annual in Cr 3,394
Depreciation Cr 512
Interest Annual Cr 13
Tax Annual Cr 886
Net Profit Annual Cr 2,623
IndicatorMar 2023
Cash from Operating Activity Annual Cr 2,807
Cash from Investing Activity Annual Cr -2,395
Cash from Financing Annual Activity Cr -441
Net Cash Flow Annual Cr -29
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 12,887
Fixed Assets Annual Cr 3,069
Total Non Current Assets Annual Cr 13,376
Total Current Assets Annual Cr 3,500
Total Assets Annual Cr 16,876
IndicatorMar 2023
Book Value Per Share Annual Rs 471
ROE Annual % 20
ROCE Annual % 25
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 29
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 4,1794,1153,9123,731
Operating Expenses Qtr Cr 3,0893,0272,9662,871
Operating Profit Qtr Cr 1,0901,0871,021934
Depreciation Qtr Cr 148143142148
Interest Qtr Cr 1213108
Tax Qtr Cr 302291293251
Net Profit Qtr Cr 9961,016918906
IndicatorMar 2023
Total Revenue Annual Cr 15,037
Operating Expenses Annual Cr 10,999
Operating Profit Annual in Cr 3,444
Depreciation Cr 526
Interest Annual Cr 28
Tax Annual Cr 886
Net Profit Annual Cr 2,914
IndicatorMar 2023
Cash from Operating Activity Annual Cr 2,847
Cash from Investing Activity Annual Cr -2,422
Cash from Financing Annual Activity Cr -417
Net Cash Flow Annual Cr 8
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 14,990
Fixed Assets Annual Cr 3,162
Total Non Current Assets Annual Cr 15,514
Total Current Assets Annual Cr 3,683
Total Assets Annual Cr 19,198
IndicatorMar 2023
Book Value Per Share Annual Rs 548
ROE Annual % 19
ROCE Annual % 22
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 28

Eicher Motors Technicals

EMA & SMA

Current Price
₹4,019.3
105.5 (2.7%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹3,861.37
  • 50 Day
  • ₹3,845.01
  • 100 Day
  • ₹3,794.98
  • 200 Day
  • ₹3,672.67
  • 20 Day
  • ₹3,825.42
  • 50 Day
  • ₹3,826.73
  • 100 Day
  • ₹3,860.50
  • 200 Day
  • ₹3,632.40

Eicher Motors Resistance and Support

PIVOT
₹3,995.35
Resistance
First Resistance 4,098.95
Second Resistance 4,178.60
Third Resistance 4,282.20
RSI 61.86
MFI 66.73
MACD Single Line 0.52
MACD 25.93
Support
First Resistance 3,915.70
Second Resistance 3,812.10
Third Resistance 3,732.45

Eicher Motors Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 1,346,216 58,520,010 43.47
Week 932,282 42,940,920 46.06
1 Month 769,334 38,235,919 49.7
6 Month 643,075 31,857,923 49.54

Eicher Motors Result Highlights

Eicher Motors Synopsis

NSE-Auto Manufacturers

Eicher Motors is involved in the business activities of Manufacture of motorcycles. Company’s Total Operating Revenue is Rs. 14066.64 Cr. and Equity Capital is Rs. 27.35 Cr. for the Year ended 31/03/2023. Eicher Motors Ltd. is a Public Limited Listed company incorporated on 14/10/1982 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L34102DL1982PLC129877 and registration number is 129877.
Market Cap 110,049
Sales 15,717
Shares in Float 13.96
No of funds 946
Yield 0.95
Book Value 8.54
U/D Vol ratio 1.5
LTDebt / Equity
Alpha 0.01
Beta 0.96

Eicher Motors

Owner NameDec-23Sep-23Jun-23Mar-23
Promoters 49.15%49.16%49.17%49.2%
Mutual Funds 5.61%5.77%5.92%7.09%
Insurance Companies 2.26%2.55%2.41%2.54%
Foreign Portfolio Investors 30.27%28.89%30.28%28.63%
Financial Institutions/ Banks 0.08%0.36%0.18%0.21%
Individual Investors 8.49%9.07%8.25%8.76%
Others 4.14%4.2%3.79%3.57%

Eicher Motors Management

Name Designation
Mr. Srinivasan Sandilya Chairman & Ind.Dire (Non-Exe)
Mr. Siddhartha Vikram Lal Managing Director & CEO
Mr. Govindarajan Balakrishnan Whole Time Director
Mr. Vinod Aggarwal Non Executive Director
Mr. Inder Mohan Singh Ind. Non-Executive Director
Ms. Manvi Sinha Ind. Non-Executive Director

Eicher Motors Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Eicher Motors Corporate Action

Date Purpose Remarks
2024-02-13 Quarterly Results
2023-11-10 Quarterly Results
2023-08-03 Quarterly Results
2023-05-11 Audited Results & Final Dividend
2023-02-14 Quarterly Results
Date Purpose Remarks
2020-08-25 Split Rs.0.00 split from Rs. 10/- to Re. 1/-.

About Eicher Motors

Eicher Motors, the most popular and well-performing company in the Eicher group and a leader in the automobile industry in India, was incorporated in 1982. 

Royal Enfield, the world's oldest motorcycle brand in continuous production, has been producing its distinctive motorcycles since 1901. Eicher Motors Limited (EML) is its parent company and has development facilities in Leicestershire, UK, and Chennai, India, and operates in over 60 countries worldwide.

Eicher Group's integrated manufacturing plant in Pithampur, Madhya Pradesh, is the global hub for Volvo's medium-duty five- and eight-litre engines.

Eicher Motors is traded on the Bombay Stock Exchange and the National Stock Exchange. Since April 1, 2016, it has been a component of the Nifty 50 Index.

History

Eicher Tractor Corporation of India, founded in 1958, produced its first tractor in Faridabad in 1959. In 1980, it was renamed Eicher, and in 1982, it began producing light vehicles with technical assistance from Mitsubishi. Eicher went public in 1987, and Goodearth purchased 26% of Enfield India Ltd in 1990. Eicher vehemently contended for the 'company of the year for 90-91' for its contributions to the four-wheeler sector in 1992.

By then, it had continuously produced tractors, commercial vehicles, jeeps, and cars. It had purchased 60% of the stock interest in Enfield India Ltd. Eicher renamed Enfield India Ltd as Royal Enfield. In 1994, it ceased taking technical support from Mitsubishi. In 1996, Eicher Ltd was formed through a merger with Royal Enfield Motors. Eicher Motors now produces the Royal Enfield motorcycle and the VE-series heavy-duty trucks.

Shareholding Pattern

Eicher Motors Shareholding Pattern page displays the DII's holding, Shareholding by the general public, Promoter's holding, and FIIs holding as follows:

No of Shares—273423102 (100%)

Promoters—128468159(46.99%)

Foreign Institutions—79903448 (29.22%)

Nationalised Banks Mutual Funds—18137604 (6.63%)

CentralGovt—260780 (0.1%)

Others—7077636 (2.59%)

General public—24423525 (8.93%)

Financial Institutions—9055070 (3.31%)

Foreign Promoter—6096880 (2.23%)

Corporate Social Responsibility Information

Corporate Social Responsibility (CSR) is based on the belief that it can impact the industry in particular and the society at large in a significant manner by maintaining a healthy and trained workforce. Through their CSR initiatives, Eicher Motors works to overcome the divide between the automobile industry's demand for skilled labour and the available talent.

Driver Empowerment Initiatives

The driver welfare initiative works to provide comfort to drivers during long journeys by providing rest and training facilities. The training facility guides drivers in personal hygiene, fuel conservation, financial literacy and behavioural aspects. In its association with Indian Oil Corporation, Eicher has already started 6 Driver Pragati Kendras and is working on adding 6 more to the number.

Road Safety Initiatives

Eicher Motors works continuously to spread road safety awareness in a unique way to students by hosting numerous inter-school programmes during road safety week. The most significant inter-school competition is the quiz where the schools in a chosen locality compete with each other. Eicher Motors associates with the Indore police to organize the quiz on road safety, and the number of participating schools totalled 800.

Efforts to Fight Covid 19

Eicher Motors strived to fight the pandemic by providing 1,50,000 food packets at Pithampur and Dewas, the areas surrounding the VEVC manufacturing plant. They distributed 4500 meal packets to the underprivileged and extended a helping hand to 500 construction workers by providing food and sanitation facilities in Bhopal.

In addition, Eicher Motors provided masks, sanitization kits and food to over 11,000 drivers and sanitized about 1600 trucks. Eicher Motors also offered their customers an extended warranty, free service, and annual maintenance for two months. 

 

Eicher Motors FAQs

What is Share Price of Eicher Motors ?

Eicher Motors share price is ₹4,019 As on 28 March, 2024 | 22:55

What is the Market Cap of Eicher Motors ?

The Market Cap of Eicher Motors is ₹110048.8 Cr As on 28 March, 2024 | 22:55

What is the P/E ratio of Eicher Motors ?

The P/E ratio of Eicher Motors is 28.7 As on 28 March, 2024 | 22:55

What is the PB ratio of Eicher Motors ?

The PB ratio of Eicher Motors is 7.3 As on 28 March, 2024 | 22:55

Is Eicher Motors debt-free?

Eicher Motors is debt-free and has a strong balance sheet enabling it to report stable earnings growth across business cycles.

Who is the CEO of Eicher Motors?

Siddhartha Lal has been the CEO of Eicher Motors since 1 May 2006.

Is Eicher Motors a good buy for the long term?

Eicher Motors has an operating revenue of INR 9,992.45 Cr. on a trailing 12-month basis. An annual revenue de-growth of -5% needs improvement, Pre-tax margin of 20% is great. Institutional holding has gone up in the last reported quarter is a positive sign. As per analysts rating in the last 6 months, the recommendation is to HOLD Eicher Motors.

What is the ROE of Eicher Motors?

Eicher Motors ROE is 11%, which is good.

What is the PE ratio of Eicher Motors?

The PE ratio of Eicher Motors is 50.

How to buy Eicher Motors Ltd shares?

You can buy the shares of  Eicher Motors Ltd . by registering at 5Paisa and setting up a Demat account in your name.

Q2FY23