Eicher Motors Limited
Eicher Motors Limited, an automobile company, engages in the manufacture and sale of motorcycles and commercial vehicles in India and internationally. The company designs, develops, manufactures, assembles, and sells two-wheelers, as well as related parts and accessories; motorcycle accessories; protective and performance gears, and riding apparel products for men and women; and lifestyle apparel… Read more
Eicher Motors Limited (EICHERMOT) - Net Assets
Latest net assets as of September 2025: ₹220.86 Billion INR
Based on the latest financial reports, Eicher Motors Limited (EICHERMOT) has net assets worth ₹220.86 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹289.44 Billion) and total liabilities (₹68.58 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹220.86 Billion |
| % of Total Assets | 76.31% |
| Annual Growth Rate | 25.05% |
| 5-Year Change | 86.19% |
| 10-Year Change | 481.45% |
| Growth Volatility | 41.48 |
Eicher Motors Limited - Net Assets Trend (2004–2025)
This chart illustrates how Eicher Motors Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Eicher Motors Limited (2004–2025)
The table below shows the annual net assets of Eicher Motors Limited from 2004 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹212.96 Billion | +18.02% |
| 2024-03-31 | ₹180.46 Billion | +20.38% |
| 2023-03-31 | ₹149.90 Billion | +18.89% |
| 2022-03-31 | ₹126.08 Billion | +10.23% |
| 2021-03-31 | ₹114.38 Billion | +14.60% |
| 2020-03-31 | ₹99.81 Billion | +11.42% |
| 2019-03-31 | ₹89.58 Billion | +26.95% |
| 2018-03-31 | ₹70.57 Billion | +31.77% |
| 2017-03-31 | ₹53.55 Billion | +46.21% |
| 2016-03-31 | ₹36.63 Billion | +1.71% |
| 2015-03-31 | ₹36.01 Billion | +16.34% |
| 2014-03-31 | ₹30.95 Billion | +14.49% |
| 2013-03-31 | ₹27.03 Billion | +15.98% |
| 2012-03-31 | ₹23.31 Billion | +22.06% |
| 2011-03-31 | ₹19.10 Billion | +16.17% |
| 2010-03-31 | ₹16.44 Billion | +0.58% |
| 2009-03-31 | ₹16.34 Billion | +196.07% |
| 2008-03-31 | ₹5.52 Billion | +37.88% |
| 2007-03-31 | ₹4.00 Billion | -9.07% |
| 2006-03-31 | ₹4.40 Billion | +82.72% |
| 2005-03-31 | ₹2.41 Billion | +23.61% |
| 2004-03-31 | ₹1.95 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Eicher Motors Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 20542080000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹205.42 Billion | 96.46% |
| Common Stock | ₹274.20 Million | 0.13% |
| Other Components | ₹7.27 Billion | 3.41% |
| Total Equity | ₹212.96 Billion | 100.00% |
Eicher Motors Limited Competitors by Market Cap
The table below lists competitors of Eicher Motors Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GF Securities Co Ltd
SHE:000776
|
$10.71 Billion |
|
BorgWarner Inc
NYSE:BWA
|
$10.71 Billion |
|
The J. M. Smucker Company
NYSE:SJM
|
$10.72 Billion |
|
Antero Resources Corp
NYSE:AR
|
$10.72 Billion |
|
Bank of Ireland Group PLC
PINK:BKRIF
|
$10.68 Billion |
|
First Financial Holding Co Ltd
TW:2892
|
$10.67 Billion |
|
China Galaxy Securities Co Ltd Class A
SHG:601881
|
$10.64 Billion |
|
Luzhou Lao Jiao Co Ltd
SHE:000568
|
$10.63 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Eicher Motors Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 180,455,300,000 to 212,964,900,000, a change of 32,509,600,000 (18.0%).
- Net income of 47,344,400,000 contributed positively to equity growth.
- Dividend payments of 13,974,500,000 reduced retained earnings.
- Share repurchases of 868,900,000 reduced equity.
- New share issuances of 868,900,000 increased equity.
- Other comprehensive income decreased equity by 4,846,000,000.
- Other factors increased equity by 3,985,700,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹47.34 Billion | +22.23% |
| Dividends Paid | ₹13.97 Billion | -6.56% |
| Share Repurchases | ₹868.90 Million | -0.41% |
| Share Issuances | ₹868.90 Million | +0.41% |
| Other Comprehensive Income | ₹-4.85 Billion | -2.28% |
| Other Changes | ₹3.99 Billion | +1.87% |
| Total Change | ₹- | 18.02% |
Book Value vs Market Value Analysis
This analysis compares Eicher Motors Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 8.91x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 995.94x to 8.91x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-03-31 | ₹6.94 | ₹6910.00 | x |
| 2005-03-31 | ₹8.58 | ₹6910.00 | x |
| 2006-03-31 | ₹15.67 | ₹6910.00 | x |
| 2007-03-31 | ₹14.23 | ₹6910.00 | x |
| 2008-03-31 | ₹15.49 | ₹6910.00 | x |
| 2009-03-31 | ₹39.29 | ₹6910.00 | x |
| 2010-03-31 | ₹39.34 | ₹6910.00 | x |
| 2011-03-31 | ₹45.84 | ₹6910.00 | x |
| 2012-03-31 | ₹55.14 | ₹6910.00 | x |
| 2013-03-31 | ₹64.62 | ₹6910.00 | x |
| 2014-03-31 | ₹75.68 | ₹6910.00 | x |
| 2015-03-31 | ₹92.38 | ₹6910.00 | x |
| 2016-03-31 | ₹134.13 | ₹6910.00 | x |
| 2017-03-31 | ₹196.04 | ₹6910.00 | x |
| 2018-03-31 | ₹257.69 | ₹6910.00 | x |
| 2019-03-31 | ₹326.69 | ₹6910.00 | x |
| 2020-03-31 | ₹365.49 | ₹6910.00 | x |
| 2021-03-31 | ₹418.17 | ₹6910.00 | x |
| 2022-03-31 | ₹460.70 | ₹6910.00 | x |
| 2023-03-31 | ₹547.26 | ₹6910.00 | x |
| 2024-03-31 | ₹658.14 | ₹6910.00 | x |
| 2025-03-31 | ₹775.37 | ₹6910.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Eicher Motors Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 22.23%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 25.27%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 1.28x
- Recent ROE (22.23%) is above the historical average (21.66%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 17.25% | 2.46% | 1.72x | 4.06x | ₹141.28 Million |
| 2005 | 24.42% | 2.97% | 2.20x | 3.74x | ₹347.55 Million |
| 2006 | 48.14% | 12.71% | 1.57x | 2.41x | ₹1.68 Billion |
| 2007 | 13.17% | 2.66% | 1.66x | 2.98x | ₹126.98 Million |
| 2008 | 12.56% | 2.42% | 1.83x | 2.83x | ₹111.76 Million |
| 2009 | 6.10% | 3.92% | 0.75x | 2.09x | ₹-430.79 Million |
| 2010 | 12.11% | 4.41% | 1.18x | 2.32x | ₹225.86 Million |
| 2011 | 24.90% | 6.53% | 1.59x | 2.41x | ₹1.84 Billion |
| 2012 | 12.63% | 3.34% | 1.49x | 2.54x | ₹393.17 Million |
| 2013 | 18.48% | 5.10% | 1.42x | 2.55x | ₹1.49 Billion |
| 2014 | 19.17% | 5.78% | 1.28x | 2.60x | ₹1.88 Billion |
| 2015 | 45.42% | 31.70% | 0.56x | 2.55x | ₹8.91 Billion |
| 2016 | 31.28% | 31.70% | 0.62x | 1.60x | ₹7.77 Billion |
| 2017 | 31.19% | 23.79% | 1.00x | 1.31x | ₹11.33 Billion |
| 2018 | 27.88% | 21.96% | 0.94x | 1.35x | ₹12.57 Billion |
| 2019 | 24.70% | 22.59% | 0.86x | 1.28x | ₹13.11 Billion |
| 2020 | 18.31% | 20.08% | 0.73x | 1.25x | ₹8.29 Billion |
| 2021 | 11.78% | 15.52% | 0.60x | 1.27x | ₹2.03 Billion |
| 2022 | 13.30% | 16.44% | 0.63x | 1.28x | ₹4.16 Billion |
| 2023 | 19.44% | 19.79% | 0.77x | 1.28x | ₹14.15 Billion |
| 2024 | 22.17% | 24.35% | 0.71x | 1.28x | ₹21.96 Billion |
| 2025 | 22.23% | 25.27% | 0.69x | 1.28x | ₹26.05 Billion |
Industry Comparison
This section compares Eicher Motors Limited's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $36,475,649,018
- Average return on equity (ROE) among peers: -5.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Eicher Motors Limited (EICHERMOT) | ₹220.86 Billion | 17.25% | 0.31x | $10.70 Billion |
| Ather Energy Limited (ATHERENERG) | $2.25 Billion | -153.00% | 2.64x | $77.93K |
| Bajaj Auto Limited (BAJAJ-AUTO) | $101.67 Billion | 33.25% | 0.51x | $11.62 Billion |
| FORCE MOTORS LTD (FORCEMOT) | $11.43 Billion | 72.10% | 0.46x | $1.13 Billion |
| Hero MotoCorp Limited (HEROMOTOCO) | $65.59 Billion | 36.06% | 0.62x | $8.01 Billion |
| Hindustan Motors Limited (HINDMOTORS) | $994.18 Million | -47.47% | 3.79x | $32.40 Million |
| Maruti Suzuki India Limited (MARUTI) | $121.83 Billion | 21.54% | 0.39x | $17.54 Billion |
| Ola Electric Mobility Ltd (OLAELEC) | $19.71 Billion | -10.11% | 0.07x | $1.29 Billion |
| SML Isuzu Limited (SMLISUZU) | $965.28 Million | 4.96% | 3.82x | $114.46 Million |
| SML Mahindra Ltd. (SMLMAH) | $3.85 Billion | -5.47% | 1.38x | $455.63K |