Eicher Motors Limited
7,020.00
INR
-64.50
(-0.91%)
ISIN
INE066A01021
Return %
Stock
S&P 500
1Y
1.97
14.39
3Y
103.69
81.42
5Y
168.70
68.62
Capital Structure
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INR
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INR
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- CEO
- Govindarajan Balakrishnan
- Full Time Employees
- 23,455
- Sector
- Consumer durables
- Industry
- Motor vehicles
- Address
- #296, Rajiv Gandhi Salai Gurugram HA India 600119
- IPO Date
- Feb 8, 1995
- Website
- eicher.in
- Similar Companies
- Business
- Eicher Motors Limited (NSE: EICHERMOT), an Indian multinational automotive company headquartered in New Delhi and founded in 1982, manufactures middleweight motorcycles and commercial vehicles; it serves as the parent of Royal Enfield, the world's oldest continuously produced motorcycle brand since 1901, and holds a majority stake in VE Commercial Vehicles Limited (VECV), a joint venture with Sweden's Volvo Group. Royal Enfield offers a range of premium motorcycles in the 250cc-750cc segment, including refreshed models such as the Bullet 350, Guerrilla 450, Classic 650, and the electric Flying Flea, along with spare parts and related services; these cater to enthusiasts in India and over 65 countries with manufacturing in Tamil Nadu and development facilities in the UK and India. VECV provides Eicher-branded trucks and buses, including light, medium, and heavy-duty models like LNG-powered trucks, the iCell Pro X small truck (3-3.5T), city buses, school buses, intercity coaches, and electric buses; it also produces Volvo trucks for India, non-automotive engines, engineering components such as engines, gearboxes, and automated manual transmissions, and exports medium-duty 5- and 8-liter engines globally from its Pithampur plant in Madhya Pradesh. The company operates across India and international markets, targeting premium motorcycle riders, commercial fleet operators, and logistics providers with a focus on performance, reliability, and innovation in the automotive sector. In recent developments, VECV announced a Rs544 crore investment in October 2025 to manufacture automated manual transmissions in India, enhancing its technological capabilities and integration within Volvo Group's global supply chain through their 18-year partnership. Royal Enfield accelerated product launches with six new motorcycles, 92 variants, and an expansive dealer network exceeding 2,000 stores; VECV expanded into electric buses, LNG trucks, and small trucks while integrating Volvo Buses India operations acquired in 2020 for Rs100 crore, alongside capacity expansions and EV manufacturing investments for FY26.