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 2026-11-05 close
Latest results: EICHERMOT Jun 2026 · HEROMOTOCO Sep 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 (18.3 against 36.7).
- Hero MotoCorp Limited earns the higher return on equity (25.7% 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 +12.0% (EICHERMOT) and -0.0% (HEROMOTOCO).
| Metric | Eicher Motors EICHERMOT |
Hero MotoCorp HEROMOTOCO |
|---|---|---|
| Size and price | ||
| Market cap | ₹211,739 Cr | ₹110,358 Cr |
| Share price | ₹7,713.00 | ₹5,514.00 |
| Valuation | ||
| P/E | 36.68 | 18.31 |
| P/B | 8.44 | 4.71 |
| EV/EBITDA | 34.38 | 14.98 |
| PEG | 1.53 | 0.63 |
| Dividend yield | 0.9% | 3.3% |
| Profitability | ||
| ROE | 23.0% | 25.7% |
| ROCE | 31.0% | 36.0% |
| Operating margin | 24.7% | 13.9% |
| Sales (TTM) | ₹24,998 Cr | ₹53,562 Cr |
| Net profit (TTM) | ₹5,773 Cr | ₹6,028 Cr |
| Growth | ||
| Latest quarter sales YoY | +31.5% | +22.5% |
| Latest quarter profit YoY | +21.3% | +40.8% |
| 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 | 0.06 |
| Interest cover | 69.32 | 78.15 |
| Ownership | ||
| Promoter holding | 49.0% | 34.7% |
| Promoter change (4 qtrs) | -0.04 pp | -0.01 pp |
| Price performance | ||
| Return 1M | +9.39% | +8.65% |
| Return 3M | -3.42% | -3.09% |
| Return 1Y | +11.96% | -0.02% |
| Return YTD | +5.48% | -4.45% |
| Technical condition | ||
| Technical score | 74 | 76 |
| RS rating (1-99) | 68.00 | 63.00 |
| % vs 200-DMA | +4.32% | +4.66% |
| RSI (14) | 66.56 | 63.55 |
| % from 52-week high | -6.28% | -13.69% |
