Fortune India 500 2025 edition
Rank#136- Total income
- ₹21,039 Cr
- Profit
- ₹4,734 Cr
Last year #134
Eicher Motors Limited - automotive in New Delhi, Delhi, India. FY 2026 financials & compliance.
Active Listed - NSE: EICHERMOT · BSE: 505200 Public Limited Company automotive Fortune India 500 · #136 India's Most Valuable Nifty 50
Revenue · FY 2026
₹24,894 Cr
▲ 23% YoY
Net profit · FY 2026
₹5,515.23 Cr
Net margin 22.2%
EBITDA · FY 2026
₹8,013.96 Cr
EBITDA margin 32.2%
Authorised capital
₹31.01 Cr
Registered with MCA
Paid-up capital
₹27.45 Cr
Issued & subscribed
Open charges
₹466.91 Cr
Satisfied ₹863.42 Cr
Company age
44 yrs
Est. 1982
Employees · EPFO
5,119
Provident fund records
About Eicher Motors Limited
Data last updated:
Eicher Motors Limited is a public limited company based in New Delhi, Delhi, India. It operates in the motorcycles and scooters segment of the automotive sector. It was incorporated on 14 October 1982 and has been in existence for over 44 years.
Eicher Motors is ranked #136 on the Fortune India 500 (2025). It is part of the Nifty 50, Nifty 500 and BSE 500 indices.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L34102DL1982PLC129877. Its GSTIN is 07AAACE3882D1ZU (Delhi). The company holds 53 GST registrations, of which 38 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 505200 and NSE: EICHERMOT.
The company has an authorised share capital of ₹31.01 Cr and a paid-up capital of ₹27.45 Cr. It is led by directors including Govindarajan Balakrishnan (Managing Director) and Siddhartha Vikram Lal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 21 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Office No. 1111 11th Floor Ashoka Estate, Plot No. 24 Barakhamba Road, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2026, the company reported a revenue of ₹24,894 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹5,515.23 Cr (net margin 22.2%) and EBITDA of ₹8,013.96 Cr (EBITDA margin 32.2%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 22% over five years.
The company has about 5,119 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries and 1 joint venture.
The company is associated with 2 brands: Eicher Trucks and Buses and Eicher Motors. As per MCA filings, the company has open charges of ₹466.91 Cr and satisfied charges of ₹863.42 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website eichermotors.com.
Company details
CIN L34102DL1982PLC129877
Registration Number 129877
Incorporation Date 14 October 1982
ROC Delhi
Listing Status Listed - Listed on NSE (EICHERMOT); Listed on BSE (505200)
Company Status Active
Date of Last AGM 21 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
CIN history
Eicher Motors has one previous CIN (Corporate Identification Number): U34102DL2004PLC129877. The current CIN is L34102DL1982PLC129877, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L34102DL1982PLC129877 | Current |
| U34102DL2004PLC129877 | Previous |
Key People
Govindarajan Balakrishnan Managing Director Siddhartha Vikram Lal Whole-Time Director Vinod Kumar Aggarwal Director Recognitions & Rankings of Eicher Motors
India's Most Valuable Companies 2025 edition · Source: Hurun India
- Valuation
- ₹1,95,010 Cr
2024 #44 2023 #45 2022 #37
Stock market indices
Nifty 50 Nifty 500 BSE 500
Contact details
Eicher Motors Limited's registered office is in New Delhi, Delhi. Its website is eichermotors.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No. 1111 11th Floor Ashoka Estate, Plot No. 24 Barakhamba Road, New Delhi, Delhi, India – 110001
- IndustryAutomotive, Motorcycles & Scooters
To see the full contact details of Eicher Motors Limited, buy the company report.
Comprehensive company report
Eicher Motors Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Eicher Motors operates two associated brands: Eicher Trucks and Buses and Eicher Motors. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces commercial trucks, buses, and services for transportation needs in India. | eichertrucksandbuses.com | |
| Commercial vehicles and two-wheelers are manufactured by Eicher Motors. | eicher.in |
Business activity
The main business activity of Eicher Motors is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Eicher Motors Limited, buy the company report.
Financials of Eicher Motors Limited
FY 2025 filings availableEicher Motors Limited reported revenue of ₹24,894 Cr (up 23% YoY) for FY 2026.
Revenue · FY 2026
₹24,894 Cr ▲ 23%
Net profit · FY 2026
₹5,515.23 Cr margin 22.2%
EBITDA · FY 2026
₹8,013.96 Cr margin 32.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 18%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 23%
5 years · compounded
▲ 29%
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 23% growth in the latest year. EBITDA rose 19% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹8,013.96 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5,515.23 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 32.2% | ||||
| Net Profit Margin | 22.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Eicher Motors Limited, buy the company report.
Board of directors of Eicher Motors Limited
Eicher Motors has 8 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddhartha Vikram Lal Also directs: Eicher Goodearth Private Limited., SST Holiday Homes Private Limited, Ve Commercial Vehicles Limited and 1 more | Whole-Time Director | 01 May 2006 | 20 Years 5 Months | Current |
| Govindarajan Balakrishnan | Managing Director | 18 Aug 2021 | 5 Years 2 Months | Current |
| Vinod Kumar Aggarwal Also directs: Ve Commercial Vehicles Limited, Eicher Group Foundation | Director | 01 Apr 2019 | 7 Years 6 Months | Current |
| Inder Mohan Singh Also directs: Ve Commercial Vehicles Limited | Director | 12 Nov 2018 | 7 Years 11 Months | Current |
| Ira Gupta | Director | 10 Feb 2025 | 1 Years 8 Months | Current |
| Vasu Arun Also directs: MRF Limited, Stina Logistics Private Limited, Alampara Hotels and Resorts Private Limited and 5 more | Director | 13 Feb 2025 | 1 Years 8 Months | Current |
Showing 6 of 8 current directors. View all directors
Peer comparison
Eicher Motors Limited is compared with the 7 companies closest to it by revenue in the Automobiles industry (Two and Three Wheelers), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bajaj Auto Limited. | ₹52,469 Cr (FY 2025) | 13.0% | Pune, Maharashtra, India | |||
| TVS Motor Company Limited | ₹44,159 Cr (FY 2025) | 14.0% | Chennai, Tamil Nadu, India | |||
| Hero Motocorp Limited | ₹41,968 Cr (FY 2025) | 9.0% | New Delhi, Delhi, India | |||
| Honda Motorcycle and Scooter India Pvt Ltd | ₹39,970 Cr (FY 2025) | 23.0% | Manesar, Haryana, India | |||
| Eicher Motors Limitedthis company | ₹24,894 Cr (FY 2026) | ₹5,515.23 Cr | 22.2% | 23.0% | 5,119 | New Delhi, Delhi, India |
| Suzuki Motorcycle India Private Limited | ₹10,041 Cr (FY 2025) | 13.0% | Gurgaon, Haryana, India | |||
| Piaggio Vehicles Private Limited | ₹3,584.16 Cr (FY 2024) | 11.0% | Pune, Maharashtra, India | |||
| Atul Auto Ltd | ₹725.2 Cr (FY 2025) | 37.0% | Rajkot Rajkot, Gujarat, India |
To see the full peer comparison of Eicher Motors Limited, buy the company report.
Auditor
Eicher Motors Limited is audited by S.R. BATLIBOI & CO. LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. BATLIBOI & CO. LLP | FY 2025 | 301003E/E300005 |
Shareholding
The shareholding of Eicher Motors Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Eicher Motors Limited, buy the company report.
Charges & borrowings
Open charges
₹466.91 Cr
Satisfied charges
₹863.42 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2022 | 100563685 | Others | ₹361.02 Cr | Open | |
| 30 May 2020 | 100343446 | Hdfc Bank Limited | ₹100 Cr | Open | |
| 20 Jun 1991 | 80048310 | Industrial Development Bank of India | ₹4 Cr | Open | |
| 16 Jul 1990 | 80048304 | Industrial Development Bank of India | ₹1.3 Cr | Open | |
| 16 Jul 1990 | 80048305 | Industrial Finance Corporation of India | ₹59 Lakh | Open |
To see the full charge records of Eicher Motors Limited, buy the company report.
Total charge records: 40 View all charges
Legal cases
No court or tribunal cases involving Eicher Motors Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Eicher Motors Limited was last rated by Icra on 01 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 01 Sep 2021 |
To see the full credit ratings and regulatory alerts of Eicher Motors Limited, buy the company report.
MSME payment delays
Eicher Motors Limited has 16 MSME Form 1 returns on record between 2017 and 2024, listing 5,197 overdue payments to 391 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 391)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Thinksemi Infotech Limited | |||
| Klipco Private Limited | |||
| Kreatronix Electric Private Limited | |||
| Insight India Network Private Limited |
To see the full MSME payment records of Eicher Motors Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Eicher Motors has 3 subsidiary companies and 1 joint venture. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
3
Subsidiary companies
1
Joint ventures
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Ve Electro-Mobility Limited | U34200DL2022PLC397384 | |
| Ve Commercial Vehicles Limited | U74900DL2008PLC175032 | |
| Eicher Group Foundation | U74900DL2015NPL287551 |
To see the full group structure of Eicher Motors Limited, buy the company report.
Employees & EPFO
Eicher Motors Limited has a workforce of 5,119 employees on its EPFO records as of Nov 01, 2025, across 4 active EPFO establishments.
Employee count
5,119
Active EPFO establishments
4
Employee growth
-1.46%
GST
Eicher Motors has 53 GST registrations: 38 active and 15 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
53
Active
38
Cancelled / inactive
15
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACE3882D1ZU | Delhi | Active | 01 Jul 2017 |
| 03AAACE3882D1Z2 | Punjab | Active | 01 Jul 2017 |
| 04AAACE3882D1Z0 | Chandigarh | Active | 01 Jul 2017 |
| 05AAACE3882D1ZY | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Eicher Motors Limited, buy the company report.
Recent activity
Eicher Motors Limited has 38 board changes on record since 1999: 24 appointments and 14 cessations. The latest: Atul Sharma ceased to be Company Secretary on 24 Nov 2025.
Ceased
Atul Sharma ceased to be Company Secretary.
AGM
Eicher Motors Limited last Annual general meeting of members was held on 21 Aug 2025 as per latest MCA records.
Filing
Eicher Motors Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi Ii.
Appointed
Vasu Arun was appointed as Director.
Ceased
Manvi Sinha ceased to be Director.
Ceased
Srinivasan Sandilya ceased to be Director.
Appointed
Ira Gupta was appointed as Director.
Charges
A charge with Others of Rs. 361.02 Cr registered on 29 Mar 2022 with Charge ID 100563685 was modified on 24 Oct 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 100.00 Cr registered on 30 May 2020 with Charge ID 100343446 was modified on 12 Jan 2024.
Appointed
Subramanian Madhavan was appointed as Director.
Appointed
Tejpreet Singh Chopra was appointed as Director.
Appointed
Vidhya Srinivasan was appointed as CFO.
130 earlier events are in the company report.
News
From our blog
Frequently asked questions
Eicher Motors is an active public limited company based in New Delhi, Delhi, India. The company works in motorcycles and scooters, within the automotive industry. It was incorporated on 14 October 1982 (44+ years old) and is registered under CIN L34102DL1982PLC129877. Listed on BSE: 505200 and NSE: EICHERMOT.
Eicher Motors has 8 current directors:
- Govindarajan Balakrishnan - Managing Director
- Siddhartha Vikram Lal - Whole-Time Director
- Vinod Kumar Aggarwal - Director
- Inder Mohan Singh - Director
- Ira Gupta - Director
- Vasu Arun - Director
- Tejpreet Singh Chopra - Director
- Subramanian Madhavan - Director
The latest financial statements of Eicher Motors on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 21 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Eicher Motors is 07AAACE3882D1ZU, registered in Delhi. The company has 53 GST registrations in all, of which 38 are active and 15 are cancelled or inactive. Other active GSTINs include 03AAACE3882D1Z2 (Punjab), 04AAACE3882D1Z0 (Chandigarh), 05AAACE3882D1ZY (Uttarakhand).
The CIN (Corporate Identification Number) of Eicher Motors is L34102DL1982PLC129877. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Eicher Motors is a listed company as per MCA records. Its shares are listed on both BSE (code: 505200) and NSE (symbol: EICHERMOT).
Eicher Motors was incorporated on 14 October 1982, making it 44+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Eicher Motors by revenue are Bajaj Auto Limited, TVS Motor Company Limited, Hero Motocorp Limited, Honda Motorcycle and Scooter India Pvt Ltd, Suzuki Motorcycle India Private Limited and 2 more, all in the Automobiles industry (Two and Three Wheelers), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles).
Atul Sharma ceased to be Company Secretary on 24 Nov 2025. Vasu Arun was appointed as Director on 13 Feb 2025. Manvi Sinha ceased to be Director on 12 Feb 2025. Eicher Motors has 38 board changes on record in total.
Eicher Motors has 16 MSME Form 1 returns on record between 2017 and 2024, listing 5,197 overdue payments to 391 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Eicher Motors can be reached through the website eichermotors.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Eicher Motors is at Office No. 1111 11th Floor Ashoka Estate, Plot No. 24 Barakhamba Road, New Delhi, Delhi, India – 110001.
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