Eicher Motors Ltd is an Indian automotive company, best known as the parent company of Royal Enfield, a historic motorcycle brand loved in India and across the world. Royal Enfield is famous for its classic motorcycles that offer a unique riding experience, the success of which is a primary driver for the Eicher Motors share price. Apart from motorcycles, Eicher Motors also has a strong presence in the commercial vehicle segment through its joint venture with Volvo Group—VE Commercial Vehicles (VECV). The company focuses on modern engineering, premium design, and global expansion while maintaining the iconic heritage of the Royal Enfield brand.
Introduction & Incorporation
Eicher Motors Ltd was incorporated in 1982 and is headquartered in New Delhi, India. It is a public limited company operating in the automobile and commercial vehicle industry. The Eicher Group has a long legacy dating back to the late 1940s when it began as a tractor company. Over the years, Eicher Motors evolved into a focused automotive company with two major business lines—motorcycles and commercial vehicles. The company follows a business model centred on innovation, customer experience, and continuous improvement in product quality and performance. Its two distinct segments provide a diversified revenue stream.
Eicher Motors Ltd Business Segments and Revenue Model
Royal Enfield (RE): This segment manufactures and sells premium, middleweight (250cc–750cc) motorcycles.
- Core Offerings: Models include the timeless Classic 350, the cruiser Meteor 350, the urban Hunter 350, the adventure-tourer Himalayan, and the high-performance 650cc twins (Interceptor 650 and Continental GT 650).
- Operational Footprint: Royal Enfield operates world-class manufacturing plants in Tamil Nadu, India (including Oragadam and Vallam Vadagal). It has two major Technical Centers, one in Chennai, India, and a key facility in Leicestershire, UK, focused on global product design and development.
VE Commercial Vehicles (VECV): This is a 54.4% owned joint venture between EML and Sweden's Volvo Group.
- Core Offerings: VECV manufactures and sells a full range of Eicher branded trucks and buses and handles the exclusive distribution of Volvo Trucks and Buses in India. It is dedicated to modernising the commercial transportation sector in India and developing countries.
- The cyclical performance of the commercial vehicle industry means that VECV's quarterly results can significantly impact the short-term fluctuations of the Eicher Motors share price.
Eicher Motors Ltd Key Milestones
- 1948: The company's origins begin with the establishment of Goodearth Company.
- 1982: Eicher Motors Limited (EML) is officially incorporated.
- 1993: Eicher acquires a majority stake (60%) in Enfield India, later renamed Royal Enfield Motors Ltd.
- 2005: EML divests its original tractor and engine businesses to TAFE to sharpen its focus on motorcycles and commercial vehicles.
- 2008: EML forms the joint venture VE Commercial Vehicles (VECV) with Volvo Group, aligning with a global leader.
- 2016: Royal Enfield launches the Himalayan, its first purpose-built adventure-tourer motorcycle.
- 2018: Royal Enfield launches the 650cc parallel twin motorcycles (Interceptor 650 and Continental GT 650) for global markets.
- 2024: Royal Enfield announces its entry into the Electric Vehicle (EV) space with the brand Flying Flea.
Eicher Motors Ltd Awards & Recognitions
- Royal Enfield Guerrilla 450 was awarded “Premium Motorcycle of The Year” (2024).
- Super Meteor 650 was awarded “Bike of the Year 2023”.
- ICV Cargo Carrier of the Year for Eicher Pro 3018 (2022).
- Himalayan won Thailand Grand Prix ‘Best Lightweight Tourer’ (2020/2021).
(Data as of Jan 2026)
Eicher Motors share price as on 27 Feb 2026 is Rs. 8010.5. Over the past 6 months, the Eicher Motors share price has increased by 30.23% and in the last one year, it has increased by 62.3%. The 52-week low for Eicher Motors share price was Rs. 4755 and 52-week high was Rs. 8230.
Eicher Motors Ltd is an Indian automotive company, best known as the parent company of Royal Enfield, a historic motorcycle brand loved in India and across the world. Royal Enfield is famous for its classic motorcycles that offer a unique riding experience, the success of which is a primary driver for the Eicher Motors share price. Apart from motorcycles, Eicher Motors also has a strong presence in the commercial vehicle segment through its joint venture with Volvo Group—VE Commercial Vehicles (VECV). The company focuses on modern engineering, premium design, and global expansion while maintaining the iconic heritage of the Royal Enfield brand.
Introduction & Incorporation
Eicher Motors Ltd was incorporated in 1982 and is headquartered in New Delhi, India. It is a public limited company operating in the automobile and commercial vehicle industry. The Eicher Group has a long legacy dating back to the late 1940s when it began as a tractor company. Over the years, Eicher Motors evolved into a focused automotive company with two major business lines—motorcycles and commercial vehicles. The company follows a business model centred on innovation, customer experience, and continuous improvement in product quality and performance. Its two distinct segments provide a diversified revenue stream.
Eicher Motors Ltd Business Segments and Revenue Model
Royal Enfield (RE): This segment manufactures and sells premium, middleweight (250cc–750cc) motorcycles.
- Core Offerings: Models include the timeless Classic 350, the cruiser Meteor 350, the urban Hunter 350, the adventure-tourer Himalayan, and the high-performance 650cc twins (Interceptor 650 and Continental GT 650).
- Operational Footprint: Royal Enfield operates world-class manufacturing plants in Tamil Nadu, India (including Oragadam and Vallam Vadagal). It has two major Technical Centers, one in Chennai, India, and a key facility in Leicestershire, UK, focused on global product design and development.
VE Commercial Vehicles (VECV): This is a 54.4% owned joint venture between EML and Sweden's Volvo Group.
- Core Offerings: VECV manufactures and sells a full range of Eicher branded trucks and buses and handles the exclusive distribution of Volvo Trucks and Buses in India. It is dedicated to modernising the commercial transportation sector in India and developing countries.
- The cyclical performance of the commercial vehicle industry means that VECV's quarterly results can significantly impact the short-term fluctuations of the Eicher Motors share price.
Eicher Motors Ltd Key Milestones
- 1948: The company's origins begin with the establishment of Goodearth Company.
- 1982: Eicher Motors Limited (EML) is officially incorporated.
- 1993: Eicher acquires a majority stake (60%) in Enfield India, later renamed Royal Enfield Motors Ltd.
- 2005: EML divests its original tractor and engine businesses to TAFE to sharpen its focus on motorcycles and commercial vehicles.
- 2008: EML forms the joint venture VE Commercial Vehicles (VECV) with Volvo Group, aligning with a global leader.
- 2016: Royal Enfield launches the Himalayan, its first purpose-built adventure-tourer motorcycle.
- 2018: Royal Enfield launches the 650cc parallel twin motorcycles (Interceptor 650 and Continental GT 650) for global markets.
- 2024: Royal Enfield announces its entry into the Electric Vehicle (EV) space with the brand Flying Flea.
Eicher Motors Ltd Awards & Recognitions
- Royal Enfield Guerrilla 450 was awarded “Premium Motorcycle of The Year” (2024).
- Super Meteor 650 was awarded “Bike of the Year 2023”.
- ICV Cargo Carrier of the Year for Eicher Pro 3018 (2022).
- Himalayan won Thailand Grand Prix ‘Best Lightweight Tourer’ (2020/2021).
(Data as of Jan 2026)
Eicher Motors share price as on 27 Feb 2026 is Rs. 8010.5. Over the past 6 months, the Eicher Motors share price has increased by 30.23% and in the last one year, it has increased by 62.3%. The 52-week low for Eicher Motors share price was Rs. 4755 and 52-week high was Rs. 8230.
