The Eicher Motors share price has seen a downward trend, despite reporting a 17.5% YoY rise in net profit to ₹1,170.5 crore in Q3 FY25. The stock declined 5.35%, closing at ₹5,335.35 on February 10, 2025.
Eicher Motors Q3 FY25 Performance Highlights
- Net Profit: ₹1,170.5 crore (+17.5% YoY)
- Revenue: ₹4,973 crore (+19% YoY)
- EBITDA Margin: 24.2% (down from 26.1% YoY)
- Royal Enfield Sales: 2,69,039 motorcycles (highest-ever quarterly sales)
Despite the strong growth in revenue and profit, the stock faced selling pressure due to lower-than-expected EBITDA margins.
Eicher Motors Share Price Performance
- Last traded price: ₹5,069.55
- Market Cap: ₹1,46,259 crore
- P/E Ratio: 32.92
- EPS: ₹162.07
- 52-Week High/Low: ₹5,895 / ₹3,210
The stock fell more than 5% over the past week, trading below its third support level (S3) of ₹5,087.55.
Brokerage Views on Eicher Motors Share Price
- Goldman Sachs: Cut target price due to weaker margins.
- ICICI Securities: Maintains a ‘BUY’ rating with a target price of ₹5,800.
- Motilal Oswal: Predicts short-term volatility, but expects a recovery in H2 FY25.
Future Outlook for Eicher Motors
- Royal Enfield’s global expansion is expected to drive long-term growth.
- VE Commercial Vehicles (VECV) segment reported a 44% YoY profit growth, signaling strong demand.
- The stock is currently facing technical weakness, but analysts expect a rebound once margins improve.
Investors should keep an eye on Eicher Motors share price trends as the company continues to navigate market fluctuations and global demand for premium motorcycles.