EICHERMOT · NSE
Eicher Motors
Phase 4 · Capital Return
Profitable, cash-generative, and returning capital to shareholders through dividends.
Phase 1
Startup
Phase 2
Hyper Growth
Phase 3
Operating Leverage
Phase 4
Capital Return
Phase 5
Decline
Revenue growth (YoY)
24.0%
Mar 2026 vs Mar 2025
Net profit growth (YoY)
16.5%
Operating cash flow
₹4805 Cr
Mar 2026
Returning capital?
Yes
Last dividend ex-date 2026-07-30
Revenue, profit & operating cash flow
₹ crore, by fiscal year
RevenueNet profitOperating cash flowRevenue ends at ₹23408 Cr. Net profit ends at ₹5515 Cr. Operating cash flow ends at ₹4805 Cr.
Judge management on
Capital allocation — are dividends sized sensibly against free cash flow?
Key metric to watch
Free cash flow and the dividend payout ratio.
Typically valued on
Price/earnings and dividend yield.
| Fiscal year | Revenue | Net profit | Operating cash flow |
|---|---|---|---|
| Mar 2021 | ₹8720 Cr | ₹1347 Cr | ₹1691 Cr |
| Mar 2022 | ₹10298 Cr | ₹1677 Cr | ₹1527 Cr |
| Mar 2023 | ₹14442 Cr | ₹2914 Cr | ₹2823 Cr |
| Mar 2024 | ₹16536 Cr | ₹4001 Cr | ₹3724 Cr |
| Mar 2025 | ₹18870 Cr | ₹4734 Cr | ₹3980 Cr |
| Mar 2026 | ₹23408 Cr | ₹5515 Cr | ₹4805 Cr |
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