Eicher Motors vs Hyundai Motor India: share price, P/E, ROE and financials compared
Eicher Motors
Hyundai Motor India
Eicher Motors and Hyundai Motor India at a glance
Eicher Motors and Hyundai Motor India are both listed in Automobile and Auto Components. Eicher Motors is the larger by market cap, at ₹2.1L Cr against ₹1.7L Cr for Hyundai Motor India (1.2 times as large). On valuation, Eicher Motors has the lower P/E (36.5× against 37.8×). On returns and margins, Eicher Motors has the higher operating margin (25.2% against 10.3%), while Hyundai Motor India has the higher ROCE (32.6% against 26.4%). Over three years, Eicher Motors has faster 3-year sales growth (+17.5% against +5.5% a year) and faster 3-year profit growth (+23.7% against +4.9% a year). Neither carries much debt for its equity: debt-to-equity is 0.02× for Eicher Motors and 0.03× for Hyundai Motor India.
Key metrics, side by side
| Metric | Eicher MotorsEICHERMOT | Hyundai Motor IndiaHYUNDAI |
|---|---|---|
| Price (₹) | 7,669.50 | 2,130.00 |
| Market cap (₹ Cr) | 2,10,544 | 1,73,071 |
| P/E | 36.5× (the lower figure, shaded) | 37.8× |
| P/B | 8.38× | 8.50× |
| Dividend yield, trailing | 1.07% | 0.99% |
| ROE | 23.8% | 24.1% |
| ROCE | 26.4% | 32.6% (the higher figure, shaded) |
| Operating margin (OPM) | 25.2% (the higher figure, shaded) | 10.3% |
| Net margin (NPM) | 23.2% (the higher figure, shaded) | 6.2% |
| Sales CAGR 3Y | +17.5% (the higher figure, shaded) | +5.5% |
| Profit CAGR 3Y | +23.7% (the higher figure, shaded) | +4.9% |
| Debt to equity | 0.02× | 0.03× |
| Interest cover | 100.3× (the higher figure, shaded) | 69.0× |
| Net profit TTM (₹ Cr) | 5,773 | 4,575 |
| 1Y return | +11.3% (the higher figure, shaded) | −11.4% |
| Promoter holding | 49.02% | – |
Eicher Motors vs Hyundai Motor India: common questions
Which is bigger, Eicher Motors or Hyundai Motor India?
By market cap, Eicher Motors is bigger at ₹2.1L Cr, against ₹1.7L Cr for Hyundai Motor India (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹5,773 Cr for Eicher Motors and ₹4,575 Cr for Hyundai Motor India.
Which has a lower P/E ratio, Eicher Motors or Hyundai Motor India?
Eicher Motors trades at a P/E of 36.5× and Hyundai Motor India at 37.8×. Eicher Motors has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, Eicher Motors or Hyundai Motor India?
Eicher Motors reports a return on equity of 23.8% and Hyundai Motor India 24.1%. The two are close. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Eicher Motors or Hyundai Motor India?
Over the last three years: Sales grew +17.5% a year at Eicher Motors and +5.5% at Hyundai Motor India, so Eicher Motors grew sales faster; profit grew +23.7% a year at Eicher Motors and +4.9% at Hyundai Motor India, so Eicher Motors grew profit faster. Past growth doesn’t predict future growth.