RESEARCH REPORT ON EICHER MOTORS LIMITED

RESEARCH REPORT ON EICHER MOTORS LIMITED

Eicher Motors Limited is an India-based automobile company. The Company is engaged in the manufacturing and selling of motorcycles, spare parts and related services. The Company primarily operates in only one segment that is automotive segment. The automotive segment includes all activities related to development, design, manufacture, assembly, and sale of two-wheelers as well as sale of related parts and accessories. Its flagship brand Royal Enfield, which is engaged in motorcycle business. Royal Enfield’s motorcycle products include Interceptor 650, Continental GT 650, Classic, Bullet and Himalayan. Royal Enfield’s portfolio also includes apparels and motorcycle accessories, including protective riding apparel, riding accessories, protective seats, bodywork, controls, wheels, luggage and engine. Its commercial vehicle business is led by VE Commercial Vehicles. Its joint venture with AB Volvo, VE Commercial Vehicles Limited (VECV), includes a range of Eicher branded trucks and buses.

COMPANY PROFILE
Eicher Motors Limited

Company type Public
Traded as
• BSE: 505200
• NSE: EICHERMOT
• NSE NIFTY 50 Constituent
ISIN
INE066A01013
Industry Automotive
Founded 1948; 76 years ago
Founder Vikram Lal
Headquarters New Delhi, India
Area served Worldwide
Key people • S Sandilya (chairman)
• Siddhartha Lal (managing director)
Products • Commercial vehicles
• Motorcycle
Revenue ₹15,037.29 crore (US$1.9 billion) (2023)
Operating income
₹3,799.63 crore (US$480 million) (2023)
Net income
₹2,913.94 crore (US$360 million) (2023)
Total assets
₹19,197.64 crore (US$2.4 billion) (2023)
Total equity
₹14,990.28 crore (US$1.9 billion) (2023)
Owner Siddhartha Lal (49.28%)
Number of employees 4,899 (March 2020)
Subsidiaries
• Royal Enfield
• VE Commercial Vehicles (54.4%)
Website www.eicher.in

 

 FUNDAMENTALS

 SHAREHOLDING

 

FINANCIALS

 REVENUE

 

 NET PROFIT

 EPS

 BVPS

 ROE

 DEBT TO EQUITY

TECHNICAL ANALYSIS

BUY EICHER MOTORS MKT 3810 TGT 4100, 4500 SL 3500 (1-3 MONTH)

RATIO ANALYSIS

Disclaimer: This research report is prepared by Shyam Advisory Limited, while making this report we have taken data from available sources and there may be errors in the data shown. We do not guarantee the accuracy of data and recommendation given in this report. Recommendation is for information purpose only. Registration granted by SEBI, membership of BASL and certification from NISM in no way guarantee performance of the Intermediary or provides any assurance of returns to investors.

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