Eicher Motors
Eicher Motors grew September motorcycle sales 8% to 1.34 lakh units (ET Auto Retail, 1 Oct), after Q1 revenue of ₹6,632 crore (The Hindu BusinessLine, 29 Jul). Above-350cc sales fell 26% while up-to-350cc sales rose 13% (ET Auto Retail).
What it means
Eicher Motors is growing faster than it earns; supplier prices and dealer margins will have to make up the gap.
Reported: Revenue +31.5% YoY, net profit +21.5% in Q1 FY27.
Watch: Q2 FY27 results, expected late Oct — the gap between revenue and net profit growth widens past Q1's 10 points.
- Affected
- Eicher Motors' component suppliers — pressure on termsDo now: lock price floors and payment terms before its next results.
- Bajaj Auto and Mahindra & Mahindra — less risk of a price warDo now: hold your prices where you overlap with Eicher Motors.
Latest moves
Our read of each move first, where we have one; what the report said is marked Reported.
Background
From 7 stories, the newest dated 8 Oct 2026. Summary written 9 Oct 2026.
Show 3 paragraphs and 7 sources
Eicher Motors is an Indian automaker listed on the stock market that reports monthly motorcycle sales, including electric models in its up-to-350cc range. [1] source: ET Auto Retail Its Eicher-branded truck and bus business works with VE Commercial Vehicles, which partnered with Rosmerta Auto Recycling in September 2026 to help Eicher truck and bus dealers and customers in NCR scrap ageing vehicles under the government's Parivartan Scheme. [2] source: Outlook Business
Eicher Motors reported an 8% rise in September 2026 motorcycle sales to 1.34 lakh units. [1] source: ET Auto Retail Sales of motorcycles up to 350cc, including EVs, grew 13%, while above-350cc sales declined 26% year-on-year. [1] source: ET Auto Retail Eicher Motors shares fell 11.3% in September 2026. [3] source: Mint NDTV Profit reported that the shares were up 8.2% year-on-year to Rs 7,516, one of four of 11 automaker stocks with positive returns after GST rationalisation. [4] source: NDTV Profit
Nomura expects Ather, TVS and Eicher to beat estimates for Q2 FY27. [5] source: Business Today Axis Securities expects Eicher, along with Maruti, Hero, TVS and Bajaj, to post strong Q2 growth. [6] source: ET Auto Retail Jefferies favours TVS Motor and Eicher among two-wheeler stocks. [7] source: Business Today TVS Motor, Bajaj Auto and Ashok Leyland also outperformed alongside Eicher Motors, while Hero MotoCorp fell 2.7%. [4] source: NDTV Profit
Sources
Questions about Eicher Motors
How fast is Eicher Motors growing in India?
Eicher Motors reported an 8% rise in motorcycle sales to 1.34 lakh units in September 2026. Sales of motorcycles up to 350cc, including EVs, grew 13%, while above-350cc sales declined 26% year-on-year. [1] source: ET Auto Retail
Stories that mention Eicher Motors
4 stories
Eicher Motors is named in these stories but is not their subject.
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