TVS Motor Company Limited vs Eicher Motors Limited
An objective side-by-side of TVSMOTOR and EICHERMOT, 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 2026-10-01 close
Latest results: TVSMOTOR Jun 2026 · EICHERMOT Jun 2026
At a glance
- TVS Motor Company Limited is the larger company by market value, about 1.0 times the size of Eicher Motors Limited.
- On trailing earnings, Eicher Motors Limited trades at the lower P/E (32.9 against 53.1).
- TVS Motor Company Limited earns the higher return on equity (37.7% against 23.0%).
- Over three years TVS Motor Company Limited has grown profits faster (33% a year against 24%).
- Over the past year the share prices returned +18.0% (TVSMOTOR) and -0.9% (EICHERMOT).
| Metric | TVS Motor TVSMOTOR |
Eicher Motors EICHERMOT |
|---|---|---|
| Size and price | ||
| Market cap | ₹191,088 Cr | ₹189,969 Cr |
| Share price | ₹4,021 | ₹6,920 |
| Valuation | ||
| P/E | 53.05 | 32.91 |
| P/B | 19.98 | 7.57 |
| EV/EBITDA | 25.13 | 30.86 |
| PEG | 1.61 | 1.37 |
| Dividend yield | 0.3% | 1.0% |
| Profitability | ||
| ROE | 37.7% | 23.0% |
| ROCE | 17.0% | 31.0% |
| Operating margin | 14.8% | 24.7% |
| Sales (TTM) | ₹60,155 Cr | ₹24,998 Cr |
| Net profit (TTM) | ₹3,602 Cr | ₹5,773 Cr |
| Growth | ||
| Latest quarter sales YoY | +33.5% | +31.5% |
| Latest quarter profit YoY | +64.5% | +21.3% |
| Sales CAGR 3Y | +21.0% | +17.0% |
| Profit CAGR 3Y | +33.0% | +24.0% |
| Sales CAGR 5Y | +24.0% | +22.0% |
| Profit CAGR 5Y | +38.0% | +33.0% |
| Financial strength | ||
| Debt/Equity | 3.43 | 0.02 |
| Interest cover | 3.18 | 69.32 |
| Ownership | ||
| Promoter holding | 50.3% | 49.0% |
| Promoter change (4 qtrs) | +0.00 pp | -0.05 pp |
| Price performance | ||
| Return 1M | -4.33% | -13.17% |
| Return 3M | +10.85% | -5.72% |
| Return 1Y | +17.97% | -0.94% |
| Return YTD | +8.10% | -5.37% |
| Technical condition | ||
| Technical score | 31 | 25 |
| RS rating (1-99) | 71.00 | 51.00 |
| % vs 200-DMA | +6.90% | -6.59% |
| RSI (14) | 38.56 | 19.11 |
| % from 52-week high | -10.34% | -15.92% |
