Eicher Motors Ltd

Eicher Motors Ltd dropped for a fifth straight session today. The stock is quoting at Rs 5291.5, down 0.45% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.81% on the day, quoting at 24686.1. The Sensex is at 81052.12, down 0.78%.Eicher Motors Ltd has eased around 2.85% in last one month.Meanwhile, Nifty Auto index of which Eicher Motors Ltd is a constituent, has eased around 0.62% in last one month and is currently quoting at 23411.8, down 0.85% on the day. The volume in the stock stood at 2.48 lakh shares today, compared to the daily average of 5.16 lakh shares in last one month. The benchmark June futures contract for the stock is quoting at Rs 5294, down 0.53% on the day. Eicher Motors Ltd jumped 7.22% in last one year as compared to a 5.2% rally in NIFTY and a 9.76% fall in the Nifty Auto index.The PE of the stock is 34.06 based on TTM earnings ending March 25.Powered by Capital Market - Live

Sales of models with engine capacity upto 350cc added up 76,492 units (up 28% YoY) and that of models with engine capacity exceeding 350cc aggregated to 12,937 units (up 16% YoY). Eicher Motors further informed that its unlisted subsidiary VE Commercial Vehicles (VECV) has recorded 7.3% rise in total commericial vehicle sales to 7,402 units in May 2025 from 6,901 units sold in May 2024. While domestic sales increased by 7.2% YoY to 6,758 units, exports rose by 20.7% YoY to 501 units in May 2025. Sales of Volvo trucks & buses declined by 20.9% to 144 units in May 2025 from 182 units in May 2024. Eicher Motors is the listed parent of Royal Enfield, the global leader in middleweight motorcycles. In addition to motorcycles, Eicher has a joint venture with Sweden's AB Volvo - Volvo Eicher Commercial Vehicles which operates in India's commercial vehicle space. The scrip rose 0.29% to currently trade at Rs 5354.75 on the BSE. Powered by Capital Market - Live

Total revenue from operations rose 23.14% YoY to Rs 5,241.11 crore in the quarter ended 31 March 2025. Profit before tax (PBT) jumped 20.51% YoY to Rs 1,669.16 crore during the quarter. The company reported an EBITDA of Rs 1,258 crore in Q4 FY25, registering an 11.4% YoY increase. Royal Enfield achieved its highest-ever quarterly sales, with 2,80,801 motorcycles sold in Q4 FY25, marking a 23.2% growth over Q4 FY24. On a full-year basis, the company's consolidated net profit grew by 18.33% to Rs 4,734.44 crore, on a 14.11% increase in total revenue to Rs 18,870.35 crore in FY25 over FY24. Royal Enfield reached a landmark milestone by crossing 1 million annual sales for the first time. Total volumes stood at 1,002,893 units, a 10.0% YoY increase. Domestic sales grew by 8.1% to 902,757 units, while international volumes increased by 29.7%, with 100,136 motorcycles exported. VE Commercial Vehicles (VECV) reported revenue from operations of Rs 23,548 crore, reflecting a 7.7% growth over the previous year. EBITDA stood at Rs 2,023 crore, and profit after tax (PAT) rose to Rs 1,286 crore. VECV sold 90,000 units in FY25, a 5.4% increase over FY24. Siddhartha Lal, Chairman, Eicher Motors, said, 'We have had a remarkable year at EML and have reported exceptional performance across both Royal Enfield and VE Commercial Vehicles. In the motorcycle business, the middleweight segment saw a lot of action from our peers. Remaining unfazed and maintaining focus on our strategic goals and community, Royal Enfield stood head and shoulders above everyone else to sell one million motorcycles annually, for the first time in its history. With several global award winning and category defining motorcycles now sitting within the Royal Enfield portfolio, we are super excited and confident about the possibilities that lie ahead of us. At VECV also we saw record-breaking volumes and a strong performance despite the prevailing challenging market conditions. What excites me the most is that we have done it all quietly, consistently and with a sense of purpose. We balanced creativity with rigour, legacy and progress in a way that's unique to our company and I genuinely believe we are just getting started.' B. Govindarajan, MD of Eicher Motors and CEO of Royal Enfield, said, 'FY25 was an incredible year for Eicher Motors and Royal Enfield. We delivered our best-ever financial performance and despite a slow start to the year, we built strong momentum in the second half, launching six new motorcycles, achieving a record festive season and seeing healthy demand across all our products. We also strengthened our international footprint, with consolidated exports surging 29.7% to 1,00,136 units and opened new CKD operations. We were honoured to be ranked highest by JD Power in overall two-wheeler initial quality, which reinforces our long-term focus on product quality. We also marked our entry into electric mobility with Flying Flea, our city+ EV brand that brings together timeless design and modern tech. It's been a year of growth, resilience and execution and we are excited for what lies ahead.' Vinod Aggarwal, MD & CEO of VE Commercial Vehicles, said, 'VECV continued to outperform a nearly flat industry in FY25, with vehicle sales growing 6% to 90,161 units. Revenue from operations for the year exceeded 23,500 crores and EBIDTA improved to 8.8% with 57% growth in PAT. Our company closed the year as a market leader in the Indian 5-18.5T Light and Medium Duty truck segment and recorded its highest ever deliveries across key business verticals. Building on our vision of driving modernization, Eicher Trucks and Buses entered the small commercial vehicle segment with the launch of the Eicher Pro X range of electric-first small trucks which is assembled on an all-woman final assembly line, underscoring our commitment to sustainability and inclusivity. Volvo Trucks introduced India's first FM Road Train, designed to meet the growing demand for efficient and safe hub-to-hub logistics in line with the PM Gati Shakti initiative. Additionally, both Volvo and Eicher began deliveries of LNG-powered trucks, providing cleaner alternatives for long-haul operations to customers. Eicher Trucks and Buses also expanded its EV offerings during the year. Meanwhile, the company's board has recommended a final dividend of Rs 70 per share for the financial year ended March 31, 2025, which is 34% higher than that of FY2024. Eicher Motors is the listed parent of Royal Enfield, the global leader in middleweight motorcycles. In addition to motorcycles, Eicher has a joint venture with Sweden's AB Volvo - Volvo Eicher Commercial Vehicles which operates in India's commercial vehicle space. Powered by Capital Market - Live

Total revenue from operations rose 23.14% YoY to Rs 5,241.11 crore in the quarter ended 31 March 2025. Profit before tax (PBT) jumped 20.51% YoY to Rs 1,669.16 crore during the quarter. The company reported an EBITDA of Rs 1,258 crore in Q4 FY25, registering an 11.4% YoY increase. Royal Enfield achieved its highest-ever quarterly sales, with 2,80,801 motorcycles sold in Q4 FY25, marking a 23.2% growth over Q4 FY24. On a full-year basis, the company's consolidated net profit grew by 18.33% to Rs 4,734.44 crore, on a 14.11% increase in total revenue to Rs 18,870.35 crore in FY25 over FY24. Royal Enfield reached a landmark milestone by crossing 1 million annual sales for the first time. Total volumes stood at 1,002,893 units, a 10.0% YoY increase. Domestic sales grew by 8.1% to 902,757 units, while international volumes increased by 29.7%, with 100,136 motorcycles exported. VE Commercial Vehicles (VECV) reported revenue from operations of Rs 23,548 crore, reflecting a 7.7% growth over the previous year. EBITDA stood at Rs 2,023 crore, and profit after tax (PAT) rose to Rs 1,286 crore. VECV sold 90,000 units in FY25, a 5.4% increase over FY24. Siddhartha Lal, Chairman, Eicher Motors, said, 'We have had a remarkable year at EML and have reported exceptional performance across both Royal Enfield and VE Commercial Vehicles. In the motorcycle business, the middleweight segment saw a lot of action from our peers. Remaining unfazed and maintaining focus on our strategic goals and community, Royal Enfield stood head and shoulders above everyone else to sell one million motorcycles annually, for the first time in its history. With several global award winning and category defining motorcycles now sitting within the Royal Enfield portfolio, we are super excited and confident about the possibilities that lie ahead of us. At VECV also we saw record-breaking volumes and a strong performance despite the prevailing challenging market conditions. What excites me the most is that we have done it all quietly, consistently and with a sense of purpose. We balanced creativity with rigour, legacy and progress in a way that's unique to our company and I genuinely believe we are just getting started.' B. Govindarajan, MD of Eicher Motors and CEO of Royal Enfield, said, 'FY25 was an incredible year for Eicher Motors and Royal Enfield. We delivered our best-ever financial performance and despite a slow start to the year, we built strong momentum in the second half, launching six new motorcycles, achieving a record festive season and seeing healthy demand across all our products. We also strengthened our international footprint, with consolidated exports surging 29.7% to 1,00,136 units and opened new CKD operations. We were honoured to be ranked highest by JD Power in overall two-wheeler initial quality, which reinforces our long-term focus on product quality. We also marked our entry into electric mobility with Flying Flea, our city+ EV brand that brings together timeless design and modern tech. It's been a year of growth, resilience and execution and we are excited for what lies ahead.' Vinod Aggarwal, MD & CEO of VE Commercial Vehicles, said, 'VECV continued to outperform a nearly flat industry in FY25, with vehicle sales growing 6% to 90,161 units. Revenue from operations for the year exceeded 23,500 crores and EBIDTA improved to 8.8% with 57% growth in PAT. Our company closed the year as a market leader in the Indian 5-18.5T Light and Medium Duty truck segment and recorded its highest ever deliveries across key business verticals. Building on our vision of driving modernization, Eicher Trucks and Buses entered the small commercial vehicle segment with the launch of the Eicher Pro X range of electric-first small trucks which is assembled on an all-woman final assembly line, underscoring our commitment to sustainability and inclusivity. Volvo Trucks introduced India's first FM Road Train, designed to meet the growing demand for efficient and safe hub-to-hub logistics in line with the PM Gati Shakti initiative. Additionally, both Volvo and Eicher began deliveries of LNG-powered trucks, providing cleaner alternatives for long-haul operations to customers. Eicher Trucks and Buses also expanded its EV offerings during the year. Meanwhile, the company's board has recommended a final dividend of Rs 70 per share for the financial year ended March 31, 2025, which is 34% higher than that of FY2024. Eicher Motors is the listed parent of Royal Enfield, the global leader in middleweight motorcycles. In addition to motorcycles, Eicher has a joint venture with Sweden's AB Volvo - Volvo Eicher Commercial Vehicles which operates in India's commercial vehicle space. The scrip rose 0.48% to end at Rs 5,446.90 on the BSE. Powered by Capital Market - Live

Net profit of Eicher Motors rose 27.25% to Rs 1362.15 crore in the quarter ended March 2025 as against Rs 1070.45 crore during the previous quarter ended March 2024. Sales rose 23.41% to Rs 5150.38 crore in the quarter ended March 2025 as against Rs 4173.35 crore during the previous quarter ended March 2024. For the full year,net profit rose 18.33% to Rs 4734.44 crore in the year ended March 2025 as against Rs 4001.01 crore during the previous year ended March 2024. Sales rose 14.19% to Rs 18538.21 crore in the year ended March 2025 as against Rs 16234.02 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales5150.384173.35 23 18538.2116234.02 14 OPM %24.4227.04 -25.4226.65 - PBDT1870.531550.26 21 6662.405799.62 15 PBT1669.161385.01 21 5933.075202.02 14 NP1362.151070.45 27 4734.444001.01 18 Powered by Capital Market - Live

Eicher Motors announced that the Board of Directors of the Company at its meeting held on 14 May 2025, inter alia, have recommended the final dividend of Rs 70 per equity Share (i.e. 7000%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Eicher Motors will hold a meeting of the Board of Directors of the Company on 14 May 2025.Powered by Capital Market - Live

While domestic sales increased by 27.7% to 6,257 units and total exports surged 29.2% to 460 units in April 2025 over April 2024. Total sales of Volvo trucks and buses in April 2025 stood at 129 units, up by 4.9% YoY. Further, the company's monthly motorcycle sales in April 2025 stood at 86,559 units, which is higher by 6% compared with 81,870 units in the same month a year ago. Sales of motorcycle models with engine capacity up to 350 cc jumped 2% to 74,282 units, and sales of motorcycle models with engine capacity exceeding 350 cc surged 36% to 12,277 units in April 2025 over April 2024. The international business recorded sales of 10,557 units on April 25, up by 55% compared with 6,832 units sold in the same period last year. Eicher Motors is the listed parent of Royal Enfield, the global leader in middleweight motorcycles. In addition to motorcycles, Eicher has a joint venture with Sweden's AB Volvo'Volvo Eicher Commercial Vehicles, which operates in India's commercial vehicle space. The company reported a 17.5% jump in consolidated net profit to Rs 1,170.50 crore in Q3 FY25 as compared with Rs 995.97 crore in Q3 FY24. Revenue from operations increased 18.8% YoY to Rs 4,888.11 crore in Q3 FY25. Shares of Eicher Motors slipped 2.13% to Rs 5,446.25 on the BSE.Powered by Capital Market - Live

The proposed move could reduce the landed cost of premium international brands, such as Harley-Davidson, thereby increasing competition in the luxury motorcycle segment. Eicher Motors, the parent company of Royal Enfield, reacted sharply to the development, as Royal Enfield's flagship Bullet may face stiffer competition from globally renowned players. American motorcycle brand Harley-Davidson, which exited the Indian market in 2020 due to low sales attributed in part to high import duties, could potentially re-enter with a significant pricing advantage if the proposed duty cut is implemented. Meanwhile, Royal Enfield has been expanding its presence in the premium motorcycle segment with models like the Interceptor 650 and Continental GT 650, which could now face heightened competition under the proposed regime. Eicher Motors is the listed parent of Royal Enfield, the global leader in middleweight motorcycles. In addition to motorcycles, Eicher has a joint venture with Sweden's AB Volvo'Volvo Eicher Commercial Vehicles, which operates in India's commercial vehicle space. On a consolidated basis, net profit of Eicher Motors rose 17.52% to Rs 1170.50 crore while net sales rose 18.77% to Rs 4888.11 crore in Q3 December 2024 over Q3 December 2023. Powered by Capital Market - Live

Royal Enfield, the global leader in the mid-size motorcycle segment (250cc-750cc), today announced the launch of the new Classic 350 in Nepal. A timeless symbol of style and substance, the Classic 350 now arrives with modern enhancements, elevating its legendary appeal. The motorcycle will be rolled out from the exclusive Royal Enfield CKD facility in Nepal, providing seamless accessibility to customers in the country. Starting at an MRP of NPR 5.55 lakhs, the entry-level Heritage variant now features dual-channel ABS, along with premium upgrades such as LED headlamps, LED pilot lamps, a Type-C USB charger, and a gear position indicator ' offering unmatched value and refinement. With this, Royal Enfield introduces ABS as a standard feature in Nepal across all variants of the Classic for the very first time. The new Classic 350 is available in seven striking colourways across five distinctive variants'Heritage, Heritage Premium, Signals, Classic Dark, and Classic Chrome'each blending timeless design with modern engineering. Speaking on the launch of the Classic 350 in Nepal, Yadvinder Singh Guleria, Chief Commercial Officer, Royal Enfield said, Nepal has always been special for us. In just two years, since the start of our CKD operations here, we've been overwhelmed by the exceptional response Royal Enfield motorcycles received from the market. We are proud to forge a deep connection & love with our Customers in Nepal. Today, 8 out of 10 enthusiasts in the middleweight motorcycle segment are trusting our brand by taking home one of Royal Enfield's motorcycles. With a portfolio that's as diverse as it is loved, we have been expanding our network faster to be closer to our customers and are delighted to lead this segment. The new Classic 350 with its timeless design, meticulous engineering, and a whole lot of soul, builds on that momentum beautifully. We are confident the new launch will open the world of pure motorcycling to an entirely new generation in Nepal.'Powered by Capital Market - Live