Automobile and Auto Components · NSE: EICHERMOT
Intrynsic's multi-model valuation estimates Eicher Motors Limited's fair value at ₹5,968 per share (range ₹4,570–₹7,180) against a market price of ₹7,179 - a gap of -16.9% (updated 29 September 2026). This is an estimated fair value based on stated assumptions, not investment advice.
Market price
₹7,179
close of 29 Sept 2026
Est. fair value
₹5,968
₹4,570–₹7,180
Gap
-16.9%
price vs estimate
Trading ~17% above our estimated fair-value range. Assumptions and per-model workings are below.
Eicher Motors makes Royal Enfield motorcycles, the leading brand in India's mid-size motorcycle segment, and runs a truck-and-bus joint venture with Volvo. Royal Enfield volumes and exports drive most of its profit.
Automobile and Auto Components · Automobiles
Over the last 3 years, revenue grew 17.5%/yr and profit grew 23.7%/yr.
Every ₹100 of shareholder money earned ₹22.0 in profit last year, vs a sector median of 12.7%.
It holds more cash than debt.
The market price is above our estimated fair-value range (based on stated assumptions).
About ₹64 of every ₹100 of reported profit turned into free cash (median, last 5 years); operating cash flow was positive in 5 of 5 years.
Intrynsic values Eicher Motors Limited with 3 independent models and blends them into one estimated fair-value range. Every number below is an estimate based on the stated assumptions - change the assumptions and the estimate changes.
| Model | Estimated value | vs price | Weight |
|---|---|---|---|
| DCFFuture Cash Flows Method | ₹4,570 | -36% | - |
| EV/EBITDAIndustry Comparison Method | ₹5,968 | -17% | - |
| P/E MultipleEarnings Multiple Method | ₹7,180 | +0% | - |
Reverse DCF: today's market price implies the company must grow free cash flow about 35.4% a year for the next decade - versus 22.8% historical revenue growth.
| Revenue | ₹23,408 Cr | |
| Net profit | ₹5,515 Cr | |
| EPS | ₹201.06 | |
| Free cash flow | ₹3,530 Cr | |
| ROE (latest) | 22.0% | |
| Revenue growth (CAGR) | 14.3% | |
| Profit growth (CAGR) | 14.2% |
Intrynsic's multi-model valuation estimates Eicher Motors Limited's fair value at ₹5,968 per share (range ₹4,570–₹7,180), last updated 29 September 2026. This is an estimate based on stated assumptions, not investment advice.
Eicher Motors Limited trades at ₹7,179 against Intrynsic's estimated fair value of ₹5,968 - the market price is 17% above the estimate, i.e. above our estimated fair-value range. Different assumptions produce different estimates; see the model breakdown above.
Eicher Motors Limited trades at about 35.7 times its latest annual earnings per share.
Eicher Motors makes Royal Enfield motorcycles, the leading brand in India's mid-size motorcycle segment, and runs a truck-and-bus joint venture with Volvo. Royal Enfield volumes and exports drive most of its profit.
Intrynsic runs 3 valuation models for Eicher Motors Limited (DCF, EV/EBITDA, P/E Multiple) and blends them into one estimated fair-value range. Every assumption - growth, discount rate, terminal value - is shown openly on this page.
Disclaimer: Intrynsic provides educational and informational analysis only. Fair-value figures are estimates based on stated assumptions - they are not investment advice, research recommendations, or an offer to transact in any security. Intrynsic is not a SEBI-registered investment adviser or research analyst. Markets carry risk; please do your own research or consult a registered adviser before making investment decisions. Prices shown may be delayed end-of-day values. Terms · Privacy