Eicher Motors Limited

NSEI:EICHERMOT Stock Report

Market Cap: ₹1.9t

Eicher Motors Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Govind Balakrishnan

Chief executive officer

₹193.4m

Total compensation

CEO salary percentage29.32%
CEO tenureless than a year
CEO ownershipn/a
Management average tenure3.2yrs
Board average tenure3.1yrs

Recent management updates

Recent updates

Eicher Motors (NSE:EICHERMOT) Ticks All The Boxes When It Comes To Earnings Growth

Sep 30
Eicher Motors (NSE:EICHERMOT) Ticks All The Boxes When It Comes To Earnings Growth

Investors Will Want Eicher Motors' (NSE:EICHERMOT) Growth In ROCE To Persist

Aug 31
Investors Will Want Eicher Motors' (NSE:EICHERMOT) Growth In ROCE To Persist

Eicher Motors (NSE:EICHERMOT) Seems To Use Debt Quite Sensibly

Aug 15
Eicher Motors (NSE:EICHERMOT) Seems To Use Debt Quite Sensibly

Eicher Motors (NSE:EICHERMOT) Is Increasing Its Dividend To ₹70.00

Jul 10
Eicher Motors (NSE:EICHERMOT) Is Increasing Its Dividend To ₹70.00

Here's Why We Think Eicher Motors (NSE:EICHERMOT) Is Well Worth Watching

Jul 01
Here's Why We Think Eicher Motors (NSE:EICHERMOT) Is Well Worth Watching

Eicher Motors (NSE:EICHERMOT) Is Very Good At Capital Allocation

Jun 01
Eicher Motors (NSE:EICHERMOT) Is Very Good At Capital Allocation

Eicher Motors Limited (NSE:EICHERMOT) Investors Are Less Pessimistic Than Expected

May 09
Eicher Motors Limited (NSE:EICHERMOT) Investors Are Less Pessimistic Than Expected

These 4 Measures Indicate That Eicher Motors (NSE:EICHERMOT) Is Using Debt Safely

Mar 16
These 4 Measures Indicate That Eicher Motors (NSE:EICHERMOT) Is Using Debt Safely

Here's Why We Think Eicher Motors (NSE:EICHERMOT) Might Deserve Your Attention Today

Feb 28
Here's Why We Think Eicher Motors (NSE:EICHERMOT) Might Deserve Your Attention Today

Analysts Are Updating Their Eicher Motors Limited (NSE:EICHERMOT) Estimates After Its Third-Quarter Results

Feb 13
Analysts Are Updating Their Eicher Motors Limited (NSE:EICHERMOT) Estimates After Its Third-Quarter Results

Here's What Eicher Motors' (NSE:EICHERMOT) Strong Returns On Capital Mean

Feb 06
Here's What Eicher Motors' (NSE:EICHERMOT) Strong Returns On Capital Mean

Eicher Motors (NSE:EICHERMOT) Has A Rock Solid Balance Sheet

Dec 06
Eicher Motors (NSE:EICHERMOT) Has A Rock Solid Balance Sheet

Eicher Motors' (NSE:EICHERMOT) Profits May Not Reveal Underlying Issues

Nov 21
Eicher Motors' (NSE:EICHERMOT) Profits May Not Reveal Underlying Issues

Earnings Update: Eicher Motors Limited (NSE:EICHERMOT) Just Reported Its Second-Quarter Results And Analysts Are Updating Their Forecasts

Nov 16
Earnings Update: Eicher Motors Limited (NSE:EICHERMOT) Just Reported Its Second-Quarter Results And Analysts Are Updating Their Forecasts

Is Now The Time To Put Eicher Motors (NSE:EICHERMOT) On Your Watchlist?

Nov 07
Is Now The Time To Put Eicher Motors (NSE:EICHERMOT) On Your Watchlist?

CEO Compensation Analysis

How has Govind Balakrishnan's remuneration changed compared to Eicher Motors's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025n/an/a

₹48b

Mar 31 2025₹193m₹57m

₹47b

Dec 31 2024n/an/a

₹44b

Sep 30 2024n/an/a

₹43b

Jun 30 2024n/an/a

₹42b

Mar 31 2024₹253m₹50m

₹40b

Dec 31 2023n/an/a

₹38b

Sep 30 2023n/an/a

₹36b

Jun 30 2023n/an/a

₹32b

Mar 31 2023₹66m₹55m

₹29b

Dec 31 2022n/an/a

₹26b

Sep 30 2022n/an/a

₹23b

Jun 30 2022n/an/a

₹21b

Mar 31 2022₹33m₹33m

₹17b

Compensation vs Market: Govind's total compensation ($USD2.18M) is above average for companies of similar size in the Indian market ($USD1.17M).

Compensation vs Earnings: Govind's compensation has been consistent with company performance over the past year.

CEO

Govind Balakrishnan (56 yo)

less than a year
Tenure
₹193,400,000
Compensation

Mr. Govindarajan Balakrishnan, also known as Govind, serves as Chief Executive Officer of Royal Enfield at Eicher Motors Limited since May 2022 and also serves as its Managing Director since February 12, 2...

Leadership Team

NamePositionTenureCompensationOwnership
Siddhartha Lal
Executive Chairman19.4yrs₹327.20m3.35%
₹ 63.5b
Govindarajan Balakrishnan
MD, Director & CEO of Royal Enfieldless than a year₹193.40mno data
Vidhya Srinivasan
Chief Financial Officer2.9yrs₹9.00mno data
Mahesh Tripathi
Chief Operations Officer2.3yrsno datano data
R. Anbuselvan
Head of Aggregatesno datano datano data
Atul Sharma
Company Secretary & Compliance Officer3.2yrs₹2.70mno data
Venkatesan Sambandam
Head of Procurement for Royal Enfield Unit11.5yrsno datano data
Samrat Som
Head of Royal Enfield Apparel & Accessories Business11.8yrs₹6.44mno data
James Young
Head of Engines10.9yrs₹908.85kno data
Sudhakar Bhagavatula
Chief Digital & Information Officerno data₹8.71mno data
Rajeev Sharma
Chief Human Resource Officer of Royal Enfieldno data₹4.96mno data
Mohit Jayal
Chief Brand Officer of Royal Enfield3.9yrsno datano data
3.2yrs
Average Tenure
55yo
Average Age

Experienced Management: EICHERMOT's management team is considered experienced (3.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Siddhartha Lal
Executive Chairman19.4yrs₹327.20m3.35%
₹ 63.5b
Govindarajan Balakrishnan
MD, Director & CEO of Royal Enfield4.2yrs₹193.40mno data
Inder Singh
Non-Executive Independent Director6.9yrs₹4.65m0.000020%
₹ 379.1k
Vinod Aggarwal
Non-Executive Vice Chairman6.5yrsno data0.0055%
₹ 103.7m
Tejpreet Chopra
Lead Independent Director2.1yrs₹4.31mno data
Subramanian Madhavan
Non-Executive Independent Director2.1yrs₹4.48mno data
Ira Gupta
Non-Executive Independent Directorless than a year₹673.00kno data
Arun Vasu
Independent Directorless than a year₹595.00kno data
3.1yrs
Average Tenure
56yo
Average Age

Experienced Board: EICHERMOT's board of directors are considered experienced (3.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/13 08:59
End of Day Share Price 2025/10/13 00:00
Earnings2025/06/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Eicher Motors Limited is covered by 73 analysts. 27 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nitin BhasinAmbit Capital
Amey DargudeAmbit Capital
Jinesh GandhiAmbit Capital