Eicher Motors share price today

Eicher Motors Ltd's share price was ₹7,420.00 at the close on 4 November 2026. It has been rising for 180 weeks. That is 2.0% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹6,650 and ₹8,067, and at that close it sat 54% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Eicher Motors Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 1 week in a row.

Over the last 11 years the share price moved +293% while the NIFTY 500 moved +257%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: revenue up on a year earlier for 12 quarters in a row (every quarter we can compare), profit up on a year earlier for 12 quarters in a row (every quarter we can compare) and indian funds and insurers (DIIs) raised their stake for 4 quarters in a row.

1. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare)

   In the June 2026 quarter revenue was ₹6,632 crore, +31.5% on a year earlier.

   Why: More people bought Royal Enfield motorcycles and VECV trucks and buses than a year earlier, so total sales rose.

   Next results: check if the new Cheyyar module starts on time and daily deliveries reach the planned level before festive demand.

   From the earnings call on 29 Jul 2026.

2. Profit up on a year earlier for 12 quarters in a row (every quarter we can compare)

   In the June 2026 quarter profit was ₹1,463 crore, +21.4% on a year earlier.

   Why: Profit rose because both Royal Enfield and VECV sold more vehicles than a year earlier.

   Next results: check if raw material costs rise and if the lower other expenses repeat, since management would not give a cost forecast.

   From the earnings call on 29 Jul 2026.

3. Indian funds and insurers (DIIs) raised their stake for 4 quarters in a row

   From 14.6% to 17.6% of the company by the September 2026 quarter.

For April to June 2026 (the quarter ended 30 June 2026), Eicher Motors reported revenue of ₹6,632 crore, up 31.5% from ₹5,042 crore a year earlier, and a profit of ₹1,463 crore, up 21.4% from ₹1,205 crore.

Eicher Motors results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Eicher Motors' management discussed these results on a call held on 29 July 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Eicher Motors closed at ₹7,420.00 on 4 November 2026, up 7.8% from ₹6,886.00 a year earlier (7 November 2025) and up 178.8% over five years. Its highest weekly close since February 2016 was ₹8,066.50 on 14 August 2026.

Eicher Motors share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

564 weekly closes from 26 February 2016 to 4 November 2026.

4 Nov 2026: Eicher Motors closed at ₹7,420.00, up 2.8% on the week and up 7.2% on the month. 31 Jul 2026: ex-date for a dividend of ₹82 a share.

Earlier

• 29 Jul 2026: Eicher Motors held its results call for April to June 2026. Management guided: FY27 framed as a growth-led year with continued momentum across Royal Enfield and VECV.
• Results for April to June 2026: Revenue up 31.5% and profit up 21.4% on a year earlier.

Eicher Motors paid ₹82 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 1.11% at the ₹7,420.00 close on 4 November 2026. The last was a dividend of ₹82 a share, ex-date 31 July 2026.

Eicher Motors dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Yes. Eicher Motors Ltd paid out 41% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 29 July 2026, Eicher Motors' management guided: FY27 framed as a growth-led year with continued momentum across Royal Enfield and VECV.

“We are on the path to reach 2.45 million capacity by FY30”B. Govindarajan, on the call for April to June 2026

What management guided

• Cheyyar brownfield expansion to reach 2 million motorcycles of annual capacity by FY28, following ₹958 crore of spending; first module already active.
• Cheyyar next module expected by the first week of October, with plant deliveries at 5,000-5,100 units per day during the ramp-up.
• Flying Flea to expand through 10 Bengaluru retail locations over the next two months before broader city-by-city rollout.
• Royal Enfield is setting up its own CKD facility in Brazil to support international growth.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 29 July 2026.

When Eicher Motors reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Cheyyar next module start by the first week of October, daily deliveries reaching 5,000-5,100 units and dealer inventory remaining near the 10-12 day level before festive demand.

Eicher Motors is on one of our India lists: Nifty 50 companies.

Eicher Motors Ltd earned ₹1,463 Cr of net profit in the Jun 2026 quarter, +21.4% on the same quarter a year earlier. That is the 12th quarter in a row of profit growth. Full-year FY26 profit was ₹5,515 Cr. Over 10 years profit has grown 15.2% a year on average. That is 22.1% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹1,205 Cr.

For the full year, FY26 profit was ₹5,515 Cr (+16.5% on the year before).

Why profit moved: revenue changed +31.5% on a year earlier and the margin moved +0.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +19.8% and revenue +28.8%. Profit is growing slower than sales: rising costs are taking part of the growth.

Eicher Motors Ltd reported ₹6,632 Cr of revenue in the Jun 2026 quarter, +31.5% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 14.3% a year on average. The last full year, FY26, came in at ₹23,408 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹24,998 Cr.

FY26 revenue was ₹23,408 Cr, +24.0% on the year before.

Recent pace: the last four quarters grew +28.8% on average, against 14.3% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +28.1%, against +21.5% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +19.4%, against +17.5% a year (stabilising).

Eicher Motors Ltd's operating margin was 24.0% in the Jun 2026 quarter, about the same as the same quarter a year ago. Across 13 years it has been between 11.0% and 31.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

In the latest quarter it moved +0.0 percentage points on the same quarter a year ago.

Why the margin moved: operating margin changed +0.1 percentage points on the year while gross margin changed −2.7 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 88% of Eicher Motors Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹4,805 Cr of operating cash against ₹5,515 Cr of profit. After ₹1,464 Cr of spending on assets, ₹3,341 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 88% of profit came in as cash: the cash cycle got 23 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: the bigger use of cash is spending on new assets, at 1.7× depreciation over three years. The next section checks what that spending is building.

Eicher Motors Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was −16 days in FY26, up from −39 days in FY21. It spent ₹3,593 Cr on assets over the last 3 years. Customers take 6 days to pay, and stock sits for 55 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹23,408 Cr, each day of that cycle ties up about ₹64.1 Cr, so roughly −₹1,026 Cr is tied up in the business at any time.

FY26: customers took 6 days to pay and stock sat for 55 days, about 1.8 months of sales sitting as stock, for a full cycle of −16 days, longer than FY21's −39.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 55 days. Customers pay about 6 days after that. Suppliers are paid at 76 days. Together that makes the −16-day cycle.

Spending on assets: ₹3,593 Cr over the last 3 years, against ₹2,167 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹736 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Eicher Motors Ltd's P/E is 35.0×, in the middle of its own history: higher than 43% of past readings. Its usual P/E (the middle reading) is 37.8×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.