Eicher Motors Limited vs Hero MotoCorp Limited
An objective side-by-side of EICHERMOT and HEROMOTOCO, both in Automobiles - Motorcycles / Mopeds: valuation, profitability, growth, balance sheet, ownership and share-price performance. Where one number is clearly better on its own terms (lower P/E, higher ROE), it is shaded. That is a description, not a recommendation.
Prices as of 2026-09-21 close
Latest results: EICHERMOT Jun 2026 · HEROMOTOCO Mar 2026
At a glance
- Eicher Motors Limited is the larger company by market value, about 1.9 times the size of Hero MotoCorp Limited.
- On trailing earnings, Hero MotoCorp Limited trades at the lower P/E (18.8 against 35.7).
- Hero MotoCorp Limited earns the higher return on equity (26.7% against 23.0%).
- Over three years Hero MotoCorp Limited has grown profits faster (29% a year against 24%).
- Over the past year the share prices returned +10.5% (EICHERMOT) and +2.5% (HEROMOTOCO).
| Metric | Eicher Motors EICHERMOT |
Hero MotoCorp HEROMOTOCO |
|---|---|---|
| Size and price | ||
| Market cap | ₹206,234 Cr | ₹108,457 Cr |
| Share price | ₹7,512 | ₹5,419 |
| Valuation | ||
| P/E | 35.73 | 18.78 |
| P/B | 8.22 | 5.02 |
| EV/EBITDA | 33.49 | 15.62 |
| PEG | 1.49 | 0.65 |
| Dividend yield | 0.9% | 3.4% |
| Profitability | ||
| ROE | 23.0% | 26.7% |
| ROCE | 31.0% | 36.0% |
| Operating margin | 24.7% | 14.8% |
| Sales (TTM) | ₹24,998 Cr | ₹47,411 Cr |
| Net profit (TTM) | ₹5,773 Cr | ₹5,776 Cr |
| Growth | ||
| Latest quarter sales YoY | +31.5% | +30.2% |
| Latest quarter profit YoY | +21.3% | +26.1% |
| Sales CAGR 3Y | +17.0% | +12.0% |
| Profit CAGR 3Y | +24.0% | +29.0% |
| Sales CAGR 5Y | +22.0% | +9.0% |
| Profit CAGR 5Y | +33.0% | +16.0% |
| Financial strength | ||
| Debt/Equity | 0.02 | 0.04 |
| Interest cover | 69.32 | 78.15 |
| Ownership | ||
| Promoter holding | 49.0% | 34.7% |
| Promoter change (4 qtrs) | -0.05 pp | -0.01 pp |
| Price performance | ||
| Return 1M | -6.58% | -5.60% |
| Return 3M | -1.66% | +8.73% |
| Return 1Y | +10.46% | +2.47% |
| Return YTD | +2.74% | -6.10% |
| Technical condition | ||
| Technical score | 34 | 47 |
| RS rating (1-99) | 58.00 | 56.00 |
| % vs 200-DMA | +1.49% | +0.65% |
| RSI (14) | 35.47 | 52.05 |
| % from 52-week high | -8.72% | -15.18% |
