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Last Updated on: 10 March, 2025
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 505200 | NSE: EICHERMOT

Eicher Motors Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 7, 2025, 3:25 pm

Market Cap 1,39,791 Cr.
Current Price 5,099
High / Low 5,576/3,672
Stock P/E31.5
Book Value 692
Dividend Yield1.00 %
ROCE31.1 %
ROE24.2 %
Face Value 1.00
PEG Ratio1.17

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Eicher Motors Ltd

Competitors of Eicher Motors Ltd

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Hero MotoCorp Ltd 73,054 Cr. 3,652 6,246/3,49517.6 9513.15 %29.1 %22.0 % 2.00
Bajaj Auto Ltd 2,11,531 Cr. 7,575 12,774/7,30128.1 1,1091.06 %33.5 %26.5 % 10.0
Atul Auto Ltd 1,286 Cr. 463 844/41574.2 1540.00 %4.19 %1.67 % 5.00
TVS Motor Company Ltd 1,10,726 Cr. 2,331 2,958/1,87356.1 1630.34 %14.7 %26.6 % 1.00
Eicher Motors Ltd 1,39,791 Cr. 5,099 5,576/3,67231.5 6921.00 %31.1 %24.2 % 1.00
Industry Average107,277.60 Cr3,824.0041.50613.801.11%22.52%20.19%3.80

All Competitor Stocks of Eicher Motors Ltd

Quarterly Result

MetricDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Sales 2,8813,1933,3973,5193,7213,8043,9864,1154,1794,2564,3934,2634,973
Expenses 2,2982,4362,5662,6982,8642,8712,9663,0273,0893,1273,2283,1753,772
Operating Profit 5827578318228579341,0211,0871,0901,1291,1651,0881,201
OPM % 20%24%24%23%23%25%26%26%26%27%27%26%24%
Other Income 12817282193256379344375368437457468452
Interest 63578810131215121313
Depreciation 111119116127135148142143148165169180179
Profit before tax 5938067928809711,1561,2121,3071,2981,3851,4411,3621,461
Tax % 23%24%23%25%24%22%24%22%23%23%24%19%20%
Net Profit 4566106116577419069181,0169961,0701,1011,1001,170
EPS in Rs 16.6822.3122.3324.0227.0933.1133.5837.1236.3839.1040.2040.1542.70

Last Updated: February 28, 2025, 8:44 pm

Below is a detailed analysis of the quarterly data for Eicher Motors Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

  • For Sales, as of Dec 2024, the value is ₹4,973.00 Cr.. The value appears strong and on an upward trend. It has increased from 4,263.00 Cr. (Sep 2024) to ₹4,973.00 Cr., marking an increase of ₹710.00 Cr..
  • For Expenses, as of Dec 2024, the value is ₹3,772.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3,175.00 Cr. (Sep 2024) to ₹3,772.00 Cr., marking an increase of ₹597.00 Cr..
  • For Operating Profit, as of Dec 2024, the value is ₹1,201.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,088.00 Cr. (Sep 2024) to ₹1,201.00 Cr., marking an increase of ₹113.00 Cr..
  • For OPM %, as of Dec 2024, the value is 24.00%. The value appears to be declining and may need further review. It has decreased from 26.00% (Sep 2024) to 24.00%, marking a decrease of 2.00%.
  • For Other Income, as of Dec 2024, the value is ₹452.00 Cr.. The value appears to be declining and may need further review. It has decreased from 468.00 Cr. (Sep 2024) to ₹452.00 Cr., marking a decrease of 16.00 Cr..
  • For Interest, as of Dec 2024, the value is ₹13.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 13.00 Cr..
  • For Depreciation, as of Dec 2024, the value is ₹179.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 180.00 Cr. (Sep 2024) to ₹179.00 Cr., marking a decrease of 1.00 Cr..
  • For Profit before tax, as of Dec 2024, the value is ₹1,461.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,362.00 Cr. (Sep 2024) to ₹1,461.00 Cr., marking an increase of ₹99.00 Cr..
  • For Tax %, as of Dec 2024, the value is 20.00%. The value appears to be increasing, which may not be favorable. It has increased from 19.00% (Sep 2024) to 20.00%, marking an increase of 1.00%.
  • For Net Profit, as of Dec 2024, the value is ₹1,170.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,100.00 Cr. (Sep 2024) to ₹1,170.00 Cr., marking an increase of ₹70.00 Cr..
  • For EPS in Rs, as of Dec 2024, the value is 42.70. The value appears strong and on an upward trend. It has increased from ₹40.15 (Sep 2024) to 42.70, marking an increase of ₹2.55.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 7, 2025, 9:27 pm

MetricDec 2012Dec 2013Dec 2014Mar 2016n n 15mMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales 6,3906,8108,7386,1737,0338,9659,7979,1548,72010,29814,44216,53617,885
Expenses 5,8406,0947,6214,4844,8596,1566,8936,9716,9378,12010,99612,20613,302
Operating Profit 5507151,1181,6902,1742,8092,9042,1831,7832,1783,4464,3294,583
OPM % 9%11%13%27%31%31%30%24%20%21%24%26%26%
Other Income 136931053264165367015724824969081,5211,813
Interest 48102457191619285154
Depreciation 82130220137154223300382451452526598693
Profit before tax 6006719931,8772,4333,1163,2972,3551,7982,2033,8005,2025,649
Tax % 21%22%29%29%30%30%33%22%25%24%23%23%
Net Profit 4755257021,3381,6671,9602,2031,8271,3471,6772,9144,0014,443
EPS in Rs 12.0114.5722.7149.2761.2771.8980.7566.9149.2861.32106.55146.13162.15
Dividend Payout % 17%21%22%20%16%15%15%19%34%34%35%35%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)17.58%12.40%-17.07%-26.27%24.50%73.76%37.30%
Change in YoY Net Profit Growth (%)0.00%-5.18%-29.47%-9.20%50.77%49.26%-36.46%

Eicher Motors Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 7 years from 2017-2018 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:9%
5 Years:11%
3 Years:24%
TTM:11%
Compounded Profit Growth
10 Years:27%
5 Years:13%
3 Years:44%
TTM:16%
Stock Price CAGR
10 Years:12%
5 Years:24%
3 Years:31%
1 Year:35%
Return on Equity
10 Years:23%
5 Years:19%
3 Years:20%
Last Year:24%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 1:49 am

MonthDec 2012Dec 2013Dec 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital 27272727272727272727272727
Reserves 1,7282,0282,4893,6265,3187,0038,8919,95411,41112,58114,96318,01818,952
Borrowings 23845823112151187249219108288419404
Other Liabilities 2,6943,1973,8291,2631,5522,3412,2812,2202,9013,4243,9194,6504,997
Total Liabilities 4,4715,3376,4034,9397,0099,52211,38712,45014,55916,14019,19823,11524,380
Fixed Assets 9921,6562,3097908731,5021,8752,3782,4332,4242,6902,9143,490
CWIP 50446441994374333450312314505472555230
Investments 6388251,0783,3884,9875,5814,9235,7493,9027,72112,32113,52714,693
Other Assets 2,3372,3912,5976677752,1064,1404,0117,9095,4903,7156,1195,968
Total Assets 4,4715,3376,4034,9397,0099,52211,38712,45014,55916,14019,19823,11524,380

Below is a detailed analysis of the balance sheet data for Eicher Motors Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

  • For Equity Capital, as of Sep 2024, the value is ₹27.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹27.00 Cr..
  • For Reserves, as of Sep 2024, the value is ₹18,952.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹18,018.00 Cr. (Mar 2024) to ₹18,952.00 Cr., marking an increase of 934.00 Cr..
  • For Borrowings, as of Sep 2024, the value is ₹404.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from ₹419.00 Cr. (Mar 2024) to ₹404.00 Cr., marking a decrease of 15.00 Cr..
  • For Other Liabilities, as of Sep 2024, the value is ₹4,997.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹4,650.00 Cr. (Mar 2024) to ₹4,997.00 Cr., marking an increase of 347.00 Cr..
  • For Total Liabilities, as of Sep 2024, the value is ₹24,380.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹23,115.00 Cr. (Mar 2024) to ₹24,380.00 Cr., marking an increase of 1,265.00 Cr..
  • For Fixed Assets, as of Sep 2024, the value is ₹3,490.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹2,914.00 Cr. (Mar 2024) to ₹3,490.00 Cr., marking an increase of 576.00 Cr..
  • For CWIP, as of Sep 2024, the value is ₹230.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹555.00 Cr. (Mar 2024) to ₹230.00 Cr., marking a decrease of 325.00 Cr..
  • For Investments, as of Sep 2024, the value is ₹14,693.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹13,527.00 Cr. (Mar 2024) to ₹14,693.00 Cr., marking an increase of 1,166.00 Cr..
  • For Other Assets, as of Sep 2024, the value is ₹5,968.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹6,119.00 Cr. (Mar 2024) to ₹5,968.00 Cr., marking a decrease of 151.00 Cr..
  • For Total Assets, as of Sep 2024, the value is ₹24,380.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹23,115.00 Cr. (Mar 2024) to ₹24,380.00 Cr., marking an increase of 1,265.00 Cr..

Notably, the Reserves (₹18,952.00 Cr.) exceed the Borrowings (404.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

MonthDec 2012Dec 2013Dec 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +4967161,0471,4631,7082,4821,5751,6941,6911,5272,8233,724
Cash from Investing Activity +-773-790-1,214-1,001-1,744-2,145-660-1,508-1,625-983-2,397-2,834
Cash from Financing Activity +-111-47-162-46625-262-292-858-15-593-417-844
Net Cash Flow-388-121-329-4-1075623-67351-50845

Free Cash Flow

MonthDec 2012Dec 2013Dec 2014Mar 2016n n 15mMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow527.00631.00-57.001.00-110.00-149.00-185.00-247.00-218.00-106.00-285.00-415.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthDec 2012Dec 2013Dec 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days2527232333371198
Inventory Days394141333331464262695757
Days Payable76949677759289741081108085
Cash Conversion Cycle-12-25-31-42-40-58-40-28-39-29-14-19
Working Capital Days-20-27-33-45-49-58-35-37-23-12-108
ROCE %22%22%28%51%53%49%41%25%17%18%27%31%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters49.22%49.21%49.21%49.21%49.20%49.20%49.18%49.15%49.15%49.14%49.11%49.10%
FIIs29.45%29.22%29.50%30.25%29.85%28.63%30.28%28.89%30.27%28.95%28.81%27.61%
DIIs9.73%9.95%10.13%9.95%9.96%11.19%10.03%10.48%9.73%11.04%11.84%13.67%
Government0.10%0.10%0.10%0.10%0.10%0.10%0.10%0.10%0.10%0.10%0.10%0.10%
Public11.50%11.52%11.06%10.48%10.88%10.88%10.43%11.37%10.76%10.77%10.14%9.52%
No. of Shareholders2,71,0752,63,4792,34,5122,38,2942,60,1612,66,1682,45,4612,80,5302,48,4862,63,1322,56,9782,47,951

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
SBI Blue Chip Fund2,510,5402.581188.352,483,2882025-03-091.1%
SBI Nifty 50 ETF2,483,2880.651175.452,483,2882025-03-090%
ICICI Prudential Balanced Advantage Fund943,5910.79446.642,483,2882025-03-09-62%
ICICI Prudential Flexicap Fund931,7252.96441.032,483,2882025-03-09-62.48%
Mirae Asset Large & Midcap Fund736,4500.99348.592,483,2882025-03-09-70.34%
UTI Nifty 50 ETF716,3450.65339.082,483,2882025-03-09-71.15%
UTI Flexi Cap Fund610,4401.21288.952,483,2882025-03-09-75.42%
UTI Transportation and Logistic Fund582,7028.03275.822,483,2882025-03-09-76.54%
Mirae Asset ELSS Tax Saver Fund516,2061.08244.342,483,2882025-03-09-79.21%
HDFC Manufacturing Fund453,5722.08214.72,483,2882025-03-09-81.74%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue 1.001.001.001.0010.00
Basic EPS (Rs.) 146.18106.5661.3349.30669.52
Diluted EPS (Rs.) 145.92106.3861.2649.24669.19
Cash EPS (Rs.) 151.60114.2675.6564.64797.53
Book Value[Excl.RevalReserv]/Share (Rs.) 659.08548.09461.16418.523656.02
Book Value[Incl.RevalReserv]/Share (Rs.) 659.08548.09461.16418.523656.02
Revenue From Operations / Share (Rs.) 603.94528.05376.66319.083352.96
PBDIT / Share (Rs.) 197.33147.6795.5881.76997.65
PBIT / Share (Rs.) 175.50128.4379.0565.27857.90
PBT / Share (Rs.) 173.64127.4078.3664.66850.98
Net Profit / Share (Rs.) 129.7895.0259.1248.14657.78
NP After MI And SOA / Share (Rs.) 146.13106.5461.3249.28669.39
PBDIT Margin (%) 32.6727.9625.3725.6229.75
PBIT Margin (%) 29.0524.3220.9820.4525.58
PBT Margin (%) 28.7524.1220.8020.2625.38
Net Profit Margin (%) 21.4817.9915.6915.0819.61
NP After MI And SOA Margin (%) 24.1920.1716.2815.4419.96
Return on Networth / Equity (%) 22.1719.4313.2911.7718.30
Return on Capital Employeed (%) 24.6022.0016.3514.9522.46
Return On Assets (%) 17.2915.1710.349.2514.67
Long Term Debt / Equity (X) 0.010.000.000.000.00
Total Debt / Equity (X) 0.010.010.000.010.01
Asset Turnover Ratio (%) 0.780.850.700.680.82
Current Ratio (X) 1.151.141.883.353.15
Quick Ratio (X) 0.760.741.503.022.87
Inventory Turnover Ratio (X) 6.497.656.507.538.10
Dividend Payout Ratio (NP) (%) 25.3119.7027.710.0037.34
Dividend Payout Ratio (CP) (%) 22.0216.6921.830.0030.89
Earning Retention Ratio (%) 74.6980.3072.290.0062.66
Cash Earning Retention Ratio (%) 77.9883.3178.170.0069.11
Interest Coverage Ratio (X) 106.19144.14139.14135.83144.26
Interest Coverage Ratio (Post Tax) (X) 70.8493.7587.0780.9996.11
Enterprise Value (Cr.) 110181.8180025.1864605.0765487.5432921.90
EV / Net Operating Revenue (X) 6.665.546.277.513.60
EV / EBITDA (X) 20.3919.8124.7229.3112.09
MarketCap / Net Operating Revenue (X) 6.665.596.538.163.90
Retention Ratios (%) 74.6880.2972.280.0062.65
Price / BV (X) 6.105.385.346.223.58
Price / Net Operating Revenue (X) 6.665.596.538.163.90
EarningsYield 0.030.030.020.010.05

After reviewing the key financial ratios for Eicher Motors Ltd, here is a detailed analysis based on the latest available data and recent trends:

  • For FaceValue, as of Mar 24, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 1.00.
  • For Basic EPS (Rs.), as of Mar 24, the value is 146.18. This value is within the healthy range. It has increased from 106.56 (Mar 23) to 146.18, marking an increase of 39.62.
  • For Diluted EPS (Rs.), as of Mar 24, the value is 145.92. This value is within the healthy range. It has increased from 106.38 (Mar 23) to 145.92, marking an increase of 39.54.
  • For Cash EPS (Rs.), as of Mar 24, the value is 151.60. This value is within the healthy range. It has increased from 114.26 (Mar 23) to 151.60, marking an increase of 37.34.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 659.08. It has increased from 548.09 (Mar 23) to 659.08, marking an increase of 110.99.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 659.08. It has increased from 548.09 (Mar 23) to 659.08, marking an increase of 110.99.
  • For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 603.94. It has increased from 528.05 (Mar 23) to 603.94, marking an increase of 75.89.
  • For PBDIT / Share (Rs.), as of Mar 24, the value is 197.33. This value is within the healthy range. It has increased from 147.67 (Mar 23) to 197.33, marking an increase of 49.66.
  • For PBIT / Share (Rs.), as of Mar 24, the value is 175.50. This value is within the healthy range. It has increased from 128.43 (Mar 23) to 175.50, marking an increase of 47.07.
  • For PBT / Share (Rs.), as of Mar 24, the value is 173.64. This value is within the healthy range. It has increased from 127.40 (Mar 23) to 173.64, marking an increase of 46.24.
  • For Net Profit / Share (Rs.), as of Mar 24, the value is 129.78. This value is within the healthy range. It has increased from 95.02 (Mar 23) to 129.78, marking an increase of 34.76.
  • For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 146.13. This value is within the healthy range. It has increased from 106.54 (Mar 23) to 146.13, marking an increase of 39.59.
  • For PBDIT Margin (%), as of Mar 24, the value is 32.67. This value is within the healthy range. It has increased from 27.96 (Mar 23) to 32.67, marking an increase of 4.71.
  • For PBIT Margin (%), as of Mar 24, the value is 29.05. This value exceeds the healthy maximum of 20. It has increased from 24.32 (Mar 23) to 29.05, marking an increase of 4.73.
  • For PBT Margin (%), as of Mar 24, the value is 28.75. This value is within the healthy range. It has increased from 24.12 (Mar 23) to 28.75, marking an increase of 4.63.
  • For Net Profit Margin (%), as of Mar 24, the value is 21.48. This value exceeds the healthy maximum of 10. It has increased from 17.99 (Mar 23) to 21.48, marking an increase of 3.49.
  • For NP After MI And SOA Margin (%), as of Mar 24, the value is 24.19. This value exceeds the healthy maximum of 20. It has increased from 20.17 (Mar 23) to 24.19, marking an increase of 4.02.
  • For Return on Networth / Equity (%), as of Mar 24, the value is 22.17. This value is within the healthy range. It has increased from 19.43 (Mar 23) to 22.17, marking an increase of 2.74.
  • For Return on Capital Employeed (%), as of Mar 24, the value is 24.60. This value is within the healthy range. It has increased from 22.00 (Mar 23) to 24.60, marking an increase of 2.60.
  • For Return On Assets (%), as of Mar 24, the value is 17.29. This value is within the healthy range. It has increased from 15.17 (Mar 23) to 17.29, marking an increase of 2.12.
  • For Long Term Debt / Equity (X), as of Mar 24, the value is 0.01. This value is below the healthy minimum of 0.2. It has increased from 0.00 (Mar 23) to 0.01, marking an increase of 0.01.
  • For Total Debt / Equity (X), as of Mar 24, the value is 0.01. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 0.01.
  • For Asset Turnover Ratio (%), as of Mar 24, the value is 0.78. It has decreased from 0.85 (Mar 23) to 0.78, marking a decrease of 0.07.
  • For Current Ratio (X), as of Mar 24, the value is 1.15. This value is below the healthy minimum of 1.5. It has increased from 1.14 (Mar 23) to 1.15, marking an increase of 0.01.
  • For Quick Ratio (X), as of Mar 24, the value is 0.76. This value is below the healthy minimum of 1. It has increased from 0.74 (Mar 23) to 0.76, marking an increase of 0.02.
  • For Inventory Turnover Ratio (X), as of Mar 24, the value is 6.49. This value is within the healthy range. It has decreased from 7.65 (Mar 23) to 6.49, marking a decrease of 1.16.
  • For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 25.31. This value is within the healthy range. It has increased from 19.70 (Mar 23) to 25.31, marking an increase of 5.61.
  • For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 22.02. This value is within the healthy range. It has increased from 16.69 (Mar 23) to 22.02, marking an increase of 5.33.
  • For Earning Retention Ratio (%), as of Mar 24, the value is 74.69. This value exceeds the healthy maximum of 70. It has decreased from 80.30 (Mar 23) to 74.69, marking a decrease of 5.61.
  • For Cash Earning Retention Ratio (%), as of Mar 24, the value is 77.98. This value exceeds the healthy maximum of 70. It has decreased from 83.31 (Mar 23) to 77.98, marking a decrease of 5.33.
  • For Interest Coverage Ratio (X), as of Mar 24, the value is 106.19. This value is within the healthy range. It has decreased from 144.14 (Mar 23) to 106.19, marking a decrease of 37.95.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 70.84. This value is within the healthy range. It has decreased from 93.75 (Mar 23) to 70.84, marking a decrease of 22.91.
  • For Enterprise Value (Cr.), as of Mar 24, the value is 110,181.81. It has increased from 80,025.18 (Mar 23) to 110,181.81, marking an increase of 30,156.63.
  • For EV / Net Operating Revenue (X), as of Mar 24, the value is 6.66. This value exceeds the healthy maximum of 3. It has increased from 5.54 (Mar 23) to 6.66, marking an increase of 1.12.
  • For EV / EBITDA (X), as of Mar 24, the value is 20.39. This value exceeds the healthy maximum of 15. It has increased from 19.81 (Mar 23) to 20.39, marking an increase of 0.58.
  • For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 6.66. This value exceeds the healthy maximum of 3. It has increased from 5.59 (Mar 23) to 6.66, marking an increase of 1.07.
  • For Retention Ratios (%), as of Mar 24, the value is 74.68. This value exceeds the healthy maximum of 70. It has decreased from 80.29 (Mar 23) to 74.68, marking a decrease of 5.61.
  • For Price / BV (X), as of Mar 24, the value is 6.10. This value exceeds the healthy maximum of 3. It has increased from 5.38 (Mar 23) to 6.10, marking an increase of 0.72.
  • For Price / Net Operating Revenue (X), as of Mar 24, the value is 6.66. This value exceeds the healthy maximum of 3. It has increased from 5.59 (Mar 23) to 6.66, marking an increase of 1.07.
  • For EarningsYield, as of Mar 24, the value is 0.03. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 23) which recorded 0.03.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Eicher Motors Ltd as of March 10, 2025 is: ₹4,262.29

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 10, 2025, Eicher Motors Ltd is Overvalued by 16.41% compared to the current share price 5,099.00

Intrinsic Value of Eicher Motors Ltd as of March 10, 2025 is: 5,408.69

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 10, 2025, Eicher Motors Ltd is Undervalued by 6.07% compared to the current share price 5,099.00

Last 5 Year EPS CAGR: 26.90%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 32.00%, which is a positive sign.
  2. The stock has a low average Working Capital Days of -28.42, which is a positive sign.
  3. The stock has a low average Cash Conversion Cycle of -31.42, which is a positive sign.
  4. The company has higher reserves (8,997.08 cr) compared to borrowings (178.85 cr), indicating strong financial stability.
  5. The company has shown consistent growth in sales (9.54 cr) and profit (176.23 cr) over the years.

    Stock Analysis

    • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Eicher Motors Ltd:
      1. Net Profit Margin: 21.48%
        • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
      2. ROCE: 24.6% (Industry Average ROCE: 22.52%)
        • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
      3. ROE%: 22.17% (Industry Average ROE: 20.19%)
        • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
      4. Interest Coverage Ratio (Post Tax): 70.84
        • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
      5. Quick Ratio: 0.76
        • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
      6. Stock P/E: 31.5 (Industry average Stock P/E: 41.5)
        • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
      7. Total Debt / Equity: 0.01
        • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
      The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
      Stock Rating:

    About the Company - Qualitative Analysis

    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. Currently Company is involved in the business activities of Manufacture of motorcycles. Company's Total Operating Revenue is Rs. 16078.16 Cr. and Equity Capital is Rs. 27.38 Cr. for the Year ended 31/03/2024.
    INDUSTRYADDRESSCONTACT
    Auto - 2 & 3 Wheelers3rd Floor, New Delhi Delhi 110017investors@eichermotors.com
    http://www.eichermotors.com
    Management
    NamePosition Held
    Mr. Srinivasan SandilyaChairman & Ind.Dire (Non-Exe)
    Mr. Siddhartha Vikram LalManaging Director & CEO
    Mr. Govindarajan BalakrishnanWhole Time Director
    Mr. Vinod AggarwalNon Executive Director
    Mr. Inder Mohan SinghInd. Non-Executive Director
    Ms. Manvi SinhaInd. Non-Executive Director
    Mr. S MadhavanInd. Non-Executive Director
    Mr. Tejpreet S ChopraInd. Non-Executive Director

    FAQ

    What is the latest intrinsic value of Eicher Motors Ltd?

    The latest intrinsic value of Eicher Motors Ltd as on 09 March 2025 is ₹4262.29, which is 16.41% lower than the current market price of 5,099.00, indicating the stock is overvalued by 16.41%. The intrinsic value of Eicher Motors Ltd is calculated using PE ratio method. The stock has a market capitalization of ₹1,39,791 Cr. and recorded a high/low of ₹5,576/3,672 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹18,952 Cr and total liabilities of ₹24,380 Cr.

    What is the Market Cap of Eicher Motors Ltd?

    The Market Cap of Eicher Motors Ltd is 1,39,791 Cr..

    What is the current Stock Price of Eicher Motors Ltd as on 09 March 2025?

    The current stock price of Eicher Motors Ltd as on 09 March 2025 is ₹5,099.

    What is the High / Low of Eicher Motors Ltd stocks in FY 2024-2025?

    In FY 2024-2025, the High / Low of Eicher Motors Ltd stocks is ₹5,576/3,672.

    What is the Stock P/E of Eicher Motors Ltd?

    The Stock P/E of Eicher Motors Ltd is 31.5.

    What is the Book Value of Eicher Motors Ltd?

    The Book Value of Eicher Motors Ltd is 692.

    What is the Dividend Yield of Eicher Motors Ltd?

    The Dividend Yield of Eicher Motors Ltd is 1.00 %.

    What is the ROCE of Eicher Motors Ltd?

    The ROCE of Eicher Motors Ltd is 31.1 %.

    What is the ROE of Eicher Motors Ltd?

    The ROE of Eicher Motors Ltd is 24.2 %.

    What is the Face Value of Eicher Motors Ltd?

    The Face Value of Eicher Motors Ltd is 1.00.

    Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Eicher Motors Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE