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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Eicher Motors Limited is an India-based multinational automobile company. The Company is engaged in the manufacturing and selling of motorcycles, spare parts and related services. The Company primarily operates in the automotive segment. The automotive segment includes all…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A high-quality, fast-growing business, priced for perfection.
Eicher Motors is scored on the general / industrial framework. It keeps a fat 22.1% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT 0.72×) — worth a closer look. Free cash flow is worth about 0.7% of its market value.
Over the last 3 years revenue compounded at 18%/yr and profit at 24%/yr. Book value itself has compounded 19%/yr — the hallmark of a genuine compounder. Return on equity is an elite 22.0%. In the latest quarter profit fell 4% versus the prior quarter.
At 38× earnings, the stock sits at the 81st percentile of its own 3.6-year range — the expensive end of where it has historically traded. Today's price implies ~17%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 36.46 | — | — |
| P/B | 8.38 | — | — |
| EV/EBITDA | 25.14 | — | — |
| ROE | 21.97 | — | — |
| ROCE | 27.17 | — | — |
| ROA | 17.95 | — | — |
| Quick Ratio | 1.51 | 2.33 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Maruti Suzuki | 29.8 | 3.7 | 12.3% |
| Mahindra & Mahindra | 19.1 | 4.2 | 19.8% |
| Bajaj Auto | 23.4 | 8.2 | 35.7% |
Revenue has grown every year across all 4 financial years shown. 18% CAGR over 3 years — steady double-digit compounder. Growth is accelerating — latest year outpaced the prior year's rate.
Net profit has risen every year — the hallmark of a compounder. Profit is growing faster than revenue (24% vs 18%) — margin expansion is at work.
Operating margin has expanded from 25% to 29% — the business is keeping more of each rupee earned.
ROE at 22% — the business earns well above its cost of equity. ROE powered by fat margins — the hallmark of a high-quality franchise with pricing power. Low variance across years — a predictable business that earns steadily on its equity base.
EPS has grown every year — each share earns more than the last, consistently. 24% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth. Financing outflows in consecutive years — balance-sheet discipline through debt repayment or dividends.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 10% sequentially — momentum is building. Low quarterly variance (9% spread) — a predictable, non-seasonal revenue stream.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters at 49.0% — dispersed ownership; institutional flows drive the stock. FIIs trimmed 3.0pp — foreign money is rotating out.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.