EICHERMOT · Auto & Truck Manufacturers · INE066A01021
Analyst mean 2.09 · 34 analysts · 36% bullishWhat the numbers mean when read together — computed from the filings, not a score.
Operating cash flow is only 83% of trailing profit. Worth watching whether the gap is working-capital timing or something structural.
Operating cash flow ₹4,805 cr vs trailing net profit ₹5,773 cr. A persistent gap below 1.0 can be benign (growth working capital) or a tell (profit not converting to cash).
Both revenue and profit grew over the last year (28.1% and 19.4%) — growth is translating to the bottom line.
Trailing revenue ₹24,998 cr, trailing profit ₹5,773 cr. Profit growing at least as fast as revenue indicates operating leverage or pricing power.
Free cash flow is positive and consistent — the business funds itself after capex.
Latest free cash flow ₹3,538 cr. Negative in only 0 of 12 years. A self-funding business needs less external capital and dilutes less.
Capital work-in-progress has stayed high (19% of fixed assets) without converting to productive assets — worth checking whether projects are genuinely progressing.
CWIP ₹736 cr vs ₹555 cr two years earlier, against fixed assets ₹3,852 cr. Perennial CWIP that never becomes a fixed asset can hide stalled projects or capitalised costs that should have been expensed.
Markers show corporate actions (splits, bonus, dividends). Prices are split-adjusted so the series is continuous.
| Metric | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,263 | 4,973 | 5,241 | 5,042 | 6,172 | 6,114 | 6,080 | 6,632 |
| Expenses | 3,175 | 3,772 | 3,983 | 3,839 | 4,660 | 4,557 | 4,566 | 5,042 |
| Other Income | 468 | 452 | 628 | 603 | 486 | 465 | 675 | 634 |
| Depreciation | 180 | 179 | 201 | 198 | 200 | 211 | 232 | 278 |
| Profit before tax | 1,362 | 1,461 | 1,669 | 1,593 | 1,779 | 1,793 | 1,937 | 1,925 |
| Net Profit | 1,100 | 1,170 | 1,362 | 1,205 | 1,369 | 1,421 | 1,520 | 1,463 |
| EPS | 40.15 | 42.70 | 49.68 | 43.95 | 49.93 | 51.79 | 55.41 | 53.28 |
| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity Capital | 27 | 27 | 27 | 27 | 27 | 27 |
| Reserves | 11,411 | 12,581 | 14,963 | 18,018 | 21,269 | 25,073 |
| Borrowings | 219 | 108 | 288 | 419 | 458 | 514 |
| Fixed Assets | 2,433 | 2,424 | 2,690 | 2,914 | 3,473 | 3,852 |
| CWIP | 314 | 505 | 472 | 555 | 491 | 736 |
| Investments | 3,902 | 7,721 | 12,321 | 13,527 | 14,791 | 17,496 |
| Total Assets | 14,559 | 16,140 | 19,198 | 23,115 | 27,174 | 32,164 |