Eicher Motors hits record revenue on the back of 1.23 million bike sales
Royal Enfield's owner lifted profits by 17% and bumped its dividend to ₹82 per share as sales volumes surged.
— 5 earlier stories on Eicher Motors Ltd. →What's new
- Annual revenue reached a record ₹23,408 cr, supported by 1.23 million motorcycle sales.
- Net profit rose 17% to ₹5,515 cr, while EBITDA climbed 23% to ₹5,785 cr.
- The board proposed a higher final dividend of ₹82 per share.
Why this matters
The results demonstrate that Eicher's premium motorcycle strategy continues to scale effectively. With its commercial vehicle venture VECV also hitting record revenue, the business maintains strength across both key segments.
What we're watching
- Whether the brand can sustain double-digit growth in a cooling domestic two-wheeler market.
- Input cost inflation trends that could pressure EBITDA margins.
- The reception to new model launches in the coming quarters.
The full read
Eicher Motors closed the 2026 fiscal year with record annual revenue of ₹23,408 crore, a 24% gain over the prior year. The performance is grounded in volume growth, with Royal Enfield sales jumping 22% to 1.23 million units. Operational efficiency followed suit, with EBITDA rising 23% to ₹5,785 crore. Bottom-line growth tracked slightly behind at 17%, pushing net profit to ₹5,515 crore. Investors receive a direct benefit from this cash generation, with the board recommending a final dividend of ₹82 per share — up from ₹70 last year. Beyond the motorcycle business, the VECV commercial vehicle joint venture also set a revenue record at ₹27,077 crore. These results reflect a strong year of execution, though future quarters will test whether this momentum can hold against rising competition in the premium segment.
Eicher Motors Ltd.
Latest quarter · Mar 2026
Strength & growth
Story so far
All notes on EICHERMOT →- 22 May 2026 · 5:24 PM IST Eicher Motors hits record revenue on the back of 1.23 million bike sales
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