EICHERMOT
NIFTY50

Eicher Motors Ltd.

Auto · NSE

₹7,302.50
1Y+34.1%
P/E37.5
Fwd P/E31.8
ROE
Margin+23.9%
D/E2.02
Div Yld+1.0%
Quality Score69/100
Analyst consensus:Constructive· 33 analysts

52-week range

₹5,153₹8,230

From 52w high

-11.3%

RSI (14)

55.1

vs SMA 50 / 200

50 · 200

Eicher Motors (EICHERMOT) trades at ₹7,302.5, above its 50-DMA (₹7,204) and 200-DMA (₹6,919), with RSI at 55.2 in neutral territory and a 52-week drawdown of 11.3%. The stock has delivered 34.1% price appreciation over 12 months, carries a trailing PE of 37.5x against a forward PE of 31.8x, and holds the highest quality score (60) among its 6-member auto peer group.

Pros
  • Highest quality score (60) in the 6-stock auto peer group, ahead of Bajaj Auto (55), M&M (52), TMPV (46), Bosch (34), and Maruti (31).
  • 5-year revenue growth of 22.9% and 5-year earnings growth of 21.3% demonstrate consistent compounding at the operating level over a multi-year cycle.
  • Free cash flow was positive in 4 of available years, with a consistency score of 76 out of 100 across fundamental persistence metrics.
  • Profit margin of 23.9% is at premium levels for an OEM in the auto sector; forward PE of 31.8x reflects a modest compression expectation relative to the trailing 37.5x.
Cons
  • Debt-to-equity of 2.02 is rising per the persistence trend, which distinguishes EICHERMOT from lower-leverage auto peers and increases sensitivity to interest rate movements.
  • Current ROE data is unavailable, and ROE exceeded 15% in only 3 of the tracked years, raising questions about the durability of capital return efficiency.
  • Trailing PE of 37.5x is the second-highest in the peer group, above Maruti (29.4x), M&M (21.9x), and Bajaj Auto (27.8x), with only Bosch (40.7x) trading at a higher multiple.
  • 3-month price change of 0.34% indicates momentum deceleration after a strong 12-month run, and 11.3% drawdown from the 52-week high remains unrecovered.
Recent context
  • ·A Business Today headline from April 13 cited EICHERMOT among auto stocks declining up to 5%, attributed to sector-wide pressures, representing the only negative news event in the sample window.
  • ·The stock posted a 3.1% single-session gain on April 12 per a Meyka momentum watch article, reflecting episodic volatility within what is otherwise a flat 3-month price trend.
  • ·Mean analyst rating of 2.24 across 33 analysts (1–5 scale, lower = more constructive), with news flow too sparse (2 articles) to draw reliable sentiment conclusions from the current sample.
Questions to ask yourself
  • ?Does the rising debt-to-equity trend reflect capital investment in capacity expansion — and if so, at what point does management guidance suggest leverage will stabilise?
  • ?Is the 34.1% 12-month price gain primarily driven by earnings growth, PE multiple expansion, or sector re-rating — and which of those drivers remains in play?
  • ?Given that ROE surpassed 15% in only 3 of available tracked years, does the business model structurally support high capital returns, or is profitability cyclically dependent on premium motorcycle demand?
  • ?How does Eicher Motors premium segment exposure (Royal Enfield) compare with competitors across economic cycles, particularly in a scenario where discretionary two-wheeler demand softens?

PE

37.5

Forward PE

31.8

ROE

Profit margin

+23.9%

D/E

2.02

Dividend yield

+1.0%

Quality score

60/100

ROE 5y above 15%

3/5 yrs

FCF 5y positive

4/5 yrs

Analyst consensus2.24 · 33 analysts(1–5 scale, lower = more constructive)

For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.Analysis generated 10 May 2026.