EICHERMOT

Key Business Divisions

Royal Enfield (Motorcycles) Focuses on premium motorcycles in the 350cc+ segment. Popular models include Classic 350, Bullet, Meteor, Interceptor 650, and Himalayan. The company is also entering the electric motorcycle market to capture future mobility trends. Royal Enfield exports to over 60 countries and continues to strengthen its brand globally. VE Commercial Vehicles (VECV) A 50:50 joint venture between Eicher Motors and Volvo Group. Manufactures light, medium, and heavy-duty trucks and buses. The segment benefits from India’s expanding infrastructure, logistics, and e-commerce sectors. Financial Snapshot Market Capitalization: Around ₹1.9 lakh crore. Current Market Price: Approximately ₹7,000 per share. Price-to-Earnings (P/E) Ratio: Around 39x. Return on Equity (ROE): About 22%. Debt-to-Equity Ratio: Around 0.02, showing strong balance sheet health. Dividend Yield: Around 1%. In the most recent quarter, the company reported a 27% year-on-year growth in consolidated profit to approximately ₹1,360 crore. The performance was supported by strong sales in the premium motorcycle segment and steady demand in the commercial vehicle business. Eicher also announced a dividend of ₹70 per share. Growth Drivers Rising premium motorcycle demand in India and abroad. Expanding export markets and product innovation. Strong position in commercial vehicles through VECV. Launch of new models and electrification plans under Royal Enfield. Excellent financial discipline and near debt-free structure.