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As of 2026-08-25
For the first quarter of fiscal year 2026-27 (ending June 30, 2026), Eicher Motors reported Revenue from Operations of ₹6,632.42 crore, Net Profit of ₹1,462.51 crore, and Earnings Per Share (EPS) of ₹53.30 per share. The Net Profit Margin was 22.05%.
Eicher Motors has shown consistent growth in key financial metrics. Sales have grown at a compounded rate of 28% over the last TTM (Trailing Twelve Months), 22% over 5 years, and 17% over 3 years. Profit growth has been even stronger, with a compounded rate of 20% over TTM, 33% over 5 years, and 24% over 3 years. Return on Equity has been stable at 24% over the last year and 3 years.
The current technical trend for Eicher Motors is a strong uptrend on a daily timeframe, with the price trading above the 20-day, 50-day, and 200-day Simple Moving Averages (SMAs). The trend is supported by a positive slope and bullish Supertrend indicator. On a weekly timeframe, the trend is described as a weak uptrend, with the price also above key SMAs and a bullish Supertrend.
In the last 30 days, Eicher Motors has experienced 4 market events. Three of these were positive attention events, including an unusually active upward session on July 30, 2026, and an unusually active upward session with an upward gap on July 3, 2026. There was also one neutral event, an unusually active downward session on June 30, 2026.
As of the latest available data for March 2026, Promoters held 49.06% of Eicher Motors' shares, while Foreign Institutional Investors (FIIs) held 26.77%, and Domestic Institutional Investors (DIIs) held 14.73%. Public shareholders accounted for 9.35%.
Key resistance levels identified include R1 at ₹8,172.38 and R2 at ₹8,088.33. Key support levels include S6 at ₹5,254.50 and S7 at ₹4,999.95.
Recent drawdown and price variability remain within the producer's contained-risk thresholds.
Trading activity was substantially higher than usual and the price closed higher.
This may reflect stronger-than-usual market participation; follow-through and relevant company or market news merit review.
Trading activity was substantially higher than usual and the price closed higher.
This may reflect stronger-than-usual market participation; follow-through and relevant company or market news merit review.
The session opened materially above the previous close, indicating a sharp repricing at the open.
The move may reflect new information; subsequent price follow-through is worth monitoring.
Trading activity was substantially higher than usual and the price closed lower.
This may reflect stronger-than-usual market participation; follow-through and relevant company or market news merit review.
Latest complete financial results for Q1 FY2027 and comparative quarterly trends.
| Metric | Q1 FY2026-27(Latest) | Q4 FY2025-26 | Q3 FY2025-26 | Q2 FY2025-26 | Q1 FY2025-26 |
|---|---|---|---|---|---|
| Revenue From Operations | PEAK₹6,632.42 crore | ₹6,080.09 crore | ₹6,114.04 crore | ₹6,171.59 crore | ₹5,041.84 crore |
| Finance Costs | PEAK₹21.65 crore | ₹20.20 crore | ₹17.27 crore | ₹19.16 crore | ₹14.90 crore |
| Other Expenses | ₹712.53 crore | PEAK₹768.75 crore | ₹728.98 crore | ₹767.02 crore | ₹652.49 crore |
| Profit Before Tax | PEAK₹1,757.73 crore | ₹1,614.01 crore | ₹1,610.26 crore | ₹1,644.10 crore | ₹1,435.88 crore |
| Tax Expense | PEAK₹462.72 crore | ₹416.91 crore | ₹372.59 crore | ₹409.56 crore | ₹387.77 crore |
| Profit Loss For Period | ₹1,462.51 crore | PEAK₹1,519.95 crore | ₹1,420.61 crore | ₹1,369.45 crore | ₹1,205.22 crore |
Eicher Motors reported a sharp increase in quarterly revenue for the three months ended 30 June 2026, rising 31.6% compared with the same quarter last year. Profit before tax also grew, but the final net profit for the period fell 3.8% from the preceding quarter. The decline reflects higher tax expense and the equity-accounted share of profit from associates and joint ventures, which together offset a stronger pre-tax operating performance.
Revenue from operations reached ₹6,632.42 crore, the highest level in the available quarterly series. The figure was 9.1% higher than the preceding quarter (₹6,080.09 crore) and 31.6% above the year‑earlier quarter (₹5,041.84 crore). The year‑over‑year gain indicates a meaningful step up from the same period last year.
Profit before tax rose 8.9% quarter‑on‑quarter to ₹1,757.73 crore, broadly in line with the pace of revenue growth. However, the net profit for the quarter moved lower, falling 3.8% to ₹1,462.51 crore.
Two items explain the divergence. First, tax expense increased 11.0% sequentially to ₹462.72 crore, climbing at a faster rate than pre‑tax profit. Second, the company recorded ₹167.50 crore as “Share of Profit/Loss of Associates and Joint Ventures Accounted for Using Equity Method.” The net effect of the higher tax charge and the associate/joint‑venture contribution was a profit after tax that fell short of the previous quarter’s level, even though operating earnings before tax had improved.
Cost of materials consumed was ₹3,324.23 crore, representing roughly half of quarterly revenue. Other expenses declined 7.3% from the prior quarter to ₹712.53 crore, partially offsetting the rise in material costs. Employee benefit expenses stood at ₹449.69 crore, while depreciation amounted to ₹277.55 crore.
Finance costs increased both sequentially and year‑over‑year. They rose 7.2% from the previous quarter (₹21.65 crore vs. ₹20.20 crore) and climbed 45.3% compared with the same quarter last year (₹14.90 crore).
Basic earnings per share fell to ₹53.30 from ₹55.41 in the previous quarter, a decline of 3.8% that mirrored the sequential contraction in net profit. On a year‑over‑year basis, EPS was still 21.3% higher than the ₹43.95 recorded in the same quarter last year.
Revenue growth was strong at 31.6% year‑over‑year, and pre‑tax profit expanded. Yet net profit decreased 3.8% from the preceding quarter as a larger tax expense and the equity‑accounted contribution from associates and joint ventures shaped the bottom line. The quarter’s revenue performance resumes an upward movement after prior quarters that had remained comparatively flat, while costs showed mixed trends.
Exchange disclosures and regulatory announcements for Eicher Motors.
EICHER MOTORS LIMITED has scheduled an institutional investor meeting at the Goldman Sachs Asia Leaders Conference 2026 in Hong Kong on August 31, 2026, commencing at 06:30. The event is a group meeting conducted in-person and will also include a session on September 1, 2026.
Eicher Motors Limited informed stock exchanges of a physical group meeting with analysts/institutional investors at the Goldman Sachs Asia Leaders Conference 2026 on August 31 and September 1, 2026, at 6:30 AM IST.
MEETING DATE : 20-AUG-2026
Eicher Motors Limited held its 44th Annual General Meeting on August 20, 2026, where shareholders approved a dividend of Rs. 82 per equity share for the financial year ended March 31, 2026, and re-appointed Mr. Siddhartha Vikram Lal as a Director. The meeting also ratified the appointment of Mr. Vinod Kumar Aggarwal as Executive Vice-Chairman with effect from May 21, 2026, and approved remuneration of Rs. 5,00,000 for cost auditor M/s. Jyothi Satish & Co. for the 2025-26 fiscal year.
Shareholders of Eicher Motors Limited approved the re-appointment of Mr. Siddhartha Vikram Lal as a Director and the appointment of Mr. Vinod Kumar Aggarwal as Executive Vice-Chairman at the 44th Annual General Meeting held on August 20, 2026. Mr. Aggarwal's appointment as an Executive Director is effective from May 21, 2026, for a period of three years, with voting results announced on the meeting date. Both individuals were confirmed to be non-debarred and unrelated to other directors.
At the 44th Annual General Meeting held on August 20, 2026, Eicher Motors shareholders approved all seven resolutions, including the adoption of audited financial statements for the year ended March 31, 2026, a dividend of Rs. 82 per share, the re-appointment of Mr. Siddhartha Vikram Lal as a Director, and the appointment of Mr. Vinod Kumar Aggarwal as Executive Vice-Chairman effective May 21, 2026, along with his remuneration. Shareholders also approved material related party transactions between subsidiary VE Commercial Vehicles Limited and Volvo Group India Private Limited, and ratified the cost auditor's remuneration of Rs. 5,00,000 for FY 2025-26.
Eicher Motors Limited announced the opening of a special window for the transfer and dematerialization of physical shares purchased or sold prior to April 1, 2019, pursuant to SEBI Circular dated January 30, 2026. The facility is available from February 5, 2026, to February 4, 2027, specifically for shares not previously lodged with the Registrar and Share Transfer Agent (RTA) or those rejected/returned earlier. Eligible shareholders must submit transfer deeds to MUFG Intime India Private Limited, after which shares will be issued in dematerialized form and locked in for one year; disputed cases and IEPF-transferred securities are excluded.
On August 18, 2026, Eicher Motors Limited's subsidiary Royal Enfield launched the Classic 350 Gorkha Edition motorcycle in India, priced at ₹2,10,684 (ex-showroom New Delhi), with bookings opening immediately. The limited edition features a distinctive 'Gorkha Green' finish, a bespoke insignia of crossed Khukris, and updated technical specifications including an Assist & Slipper Clutch and Type-C USB fast charging port. Concurrently, the company introduced the exclusive Gorkha Collection apparel line, honoring the legacy of the Gorkha Regiment.
On August 14, 2026, Eicher Motors Limited launched updated versions of the Royal Enfield Continental GT 650 motorcycle across India, featuring design refinements such as a black-painted instrument cowl, new LED trafficators, and a USB Type-C charging port. The update introduces four color variants with ex-showroom prices ranging from INR 3,58,427 for the Rocker Red and British Racing Green models to INR 3,87,667 for the Mr Clean variant. Sales for the updated model commenced immediately on August 14, 2026, through all Royal Enfield dealerships in India.
Eicher Motors Limited has disclosed the transcripts of its earnings call held on July 29, 2026. The transcripts were uploaded to the company's website on August 4, 2026, at 15:23:00. Prior intimation of the call was given to the exchange on July 23, 2026.
Eicher Motors Limited held a conference call on July 29, 2026, to discuss Q1 FY27 financial results. The company reported its best-ever Q1 consolidated revenue of INR 6,632 crores, a 32% increase year-over-year. Royal Enfield achieved its highest-ever quarterly sales at 332,940 motorcycles, and VECV recorded its highest-ever Q1 sales of 24,815 units. The company announced an investment of INR 1,225 crores for Phase 1 of a new greenfield manufacturing facility in Tada, Andhra Pradesh, expected to be completed by FY2030.
Eicher Motors Limited reported that its subsidiary VE Commercial Vehicles Limited (VECV) sold 8,241 vehicles in July 2026, an increase of 15.8% compared to 7,115 vehicles in July 2025. For the year-to-date period of 2026-27, VECV sold 33,056 vehicles, up 15.1% from 28,725 vehicles in the same period of 2025-26. The filing includes detailed breakdowns for Eicher trucks and buses, VECV exports, and Volvo trucks & buses.
Eicher Motors Limited reported sales of 118,232 motorcycles in July 2026, a 34% increase compared to 88,045 units sold in July 2025. The company also announced a ₹1,225 crore investment for Phase I of a new greenfield manufacturing facility in Andhra Pradesh, expected to add 4.5 lakh motorcycles capacity annually upon completion by FY 2029-30. Additionally, Royal Enfield's limited-edition Shotgun 650 x Rough Crafts sold out in India within three minutes.
Eicher Motors Limited has disclosed an audio recording of a call held on July 29, 2026, which concluded at 20:00:00. The recording was uploaded to the company's website on July 29, 2026, at 21:30:00 and is available via a provided weblink. Prior intimation of this earnings call was given to the exchange on July 23, 2026.
Eicher Motors Limited has provided a link to the audio recording of a conference call held on July 29, 2026. The call was conducted to discuss the financial results for the first quarter ended June 30, 2026, in compliance with SEBI (LODR) Regulations, 2015.
Eicher Motors Limited's Board of Directors approved the allotment of 24,176 equity shares on July 29, 2026, to individuals exercising stock options under the Employees Stock Option Plan, 2006, and the Restricted Stock Units Plan, 2019.
Eicher Motors Limited will open its trading window from August 01, 2026, until further notice, as per SEBI (Prohibition of Insider Trading) Regulations, 2015.
Eicher Motors Limited's Board of Directors met on July 29, 2026, and appointed M/s. Jyothi Satish & Co. as Cost Auditors for a term of 12 months, effective April 1, 2026. M/s. Jyothi Satish & Co. is a firm of Practising Cost Accountants with over 15 years of experience.
Eicher Motors Limited allotted 23,926 Equity Shares under ESOP/ESPS on July 29, 2026. The paid-up share capital increased from INR 274,497,530 to INR 274,521,706.
Eicher Motors Limited's Board of Directors approved an investment of Rs. 1,225 Crore for Phase-I of a Greenfield expansion in Andhra Pradesh on July 29, 2026. This expansion is expected to add up to 4.5 Lakh motorcycles per year and be completed by FY 2029-30, bringing total production capacity to approximately 24.5 Lakh motorcycles annually. The company's existing capacity of 15 Lakh motorcycles per year is nearing full utilization.
Eicher Motors Limited's Board of Directors approved the unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026, on July 29, 2026. The company reported total income of ₹6,940.70 crores and profit after tax of ₹1,506.62 crores for the standalone results, and total income of ₹7,098.73 crores and profit after tax of ₹1,462.51 crores for the consolidated results for the same period. The statutory auditors have issued an unmodified conclusion on these results.
Eicher Motors Limited reported strong Q1 FY27 results with revenue up 32% to ₹6,632 crores and profit after tax up 21% to ₹1,463 crores. Royal Enfield achieved its highest-ever quarterly sales of 332,940 motorcycles, a 27% increase year-on-year. VECV also reported its best-ever Q1 sales of 24,815 vehicles, a 14.8% increase. The company approved an investment of ₹1,225 crores for a new greenfield manufacturing facility in Andhra Pradesh, expected to be completed by FY 2029-30.
Eicher Motors Limited's Board of Directors, upon recommendation from the Audit Committee, approved the appointment of M/s. Jyothi Satish & Co. as the Cost Auditors for the financial year 2026-2027. This decision was made at the board meeting held on July 29, 2026.
Eicher Motors Limited's Board of Directors approved an investment of Rs. 1,225 Crores for Phase I of a Greenfield expansion in Andhra Pradesh on July 29, 2026. This expansion, expected to be completed by FY 2029-30, will add up to 4.5 Lakh motorcycles per year, bringing the total production capacity to approximately 24.5 Lakh motorcycles annually. The investment will be financed through internal accruals and is intended to support the company's long-term growth.
Eicher Motors Limited issued an investor presentation on July 29, 2026, detailing its Q1 FY27 performance and strategic updates. The company reported strong growth in its consolidated income and EBITDA, with significant contributions from both its motorcycle and commercial vehicle segments. Key highlights include market share gains in India's mid-size motorcycle segment, international business expansion, and advancements in electric vehicle development. The presentation also covered operational achievements, brand initiatives, and sustainability efforts, alongside financial performance metrics for the quarter.
Recent market and company developments associated with Eicher Motors.
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Comprehensive Section Breakdown for Eicher Motors
Strategic Vision: Manufactures motorcycles, trucks, buses, and commercial engines.
Category: Manufacturing
Develops, manufactures, and retails mid-sized cruiser and adventure motorcycles.
Key Products & Services: Classic • Bullet • Himalayan • Interceptor
Category: Manufacturing
Manufactures and markets light-to-heavy duty trucks, school and tourist buses, Volvo buses, and industrial/marine engines.
Key Products & Services: Eicher • Volvo
Core Thesis: EML balances B2C consumer lifestyle brands with a B2B commercial transport alliance through separate corporate entities.
• VECV Volvo Strategic Alliance: Integrates Volvo's global engine technology with Eicher's Indian manufacturing and distribution networks for trucks and buses. • Royal Enfield Divisional Autonomy: Operates as a wholly owned division with dedicated product development and manufacturing facilities independent of VECV. • Commercial Vehicle Multi-Brand Model: VECV sells Eicher-branded and Volvo-branded trucks and buses using a unified dealer and servicing infrastructure. • Shared Retail Sourcing: Coordinates vehicle credit programs for Royal Enfield buyers through partnerships with retail banks and commercial finance providers.
• Joint governance framework with Volvo Group for commercial vehicles.
• Dedicated product technical centers for design coordination.
• Specialized motorcycle assembly plants.
• Unified dealer and servicing infrastructure for commercial vehicles.