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EICHERMOT Diversified 10 Nov 2023

Eicher Motors Limited — Q2 FY24

Eicher Motors reported a stellar Q2 FY24 with consolidated revenue of ₹4,115 crore (up 17% YoY), EBITDA of ₹1,087 crore (up 32% YoY), and PAT of ₹1,016 crore (up 55% YoY), all r...

bullish high
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Revenue ₹4,115 Cr +17%
EBITDA ₹1,087 Cr +32%
PAT ₹1,016 Cr +55%
EBITDA Margin
Duration
Read Time 1 min read

✓ Verified against BSE filing

Risk Intelligence

Material risks this quarter

Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.

Risks

R

Competition in premium motorcycle segment

Bajaj and Hero have launched new premium vehicles, potentially eroding Royal Enfield's dominant market share.

medium · analyst_question
R

Export wholesale volatility

International wholesale volumes have been volatile due to cautious inventory management amid macro uncertainty, though retail remains strong.

medium · management_commentary
R

EV transition uncertainty

Electric motorcycles remain uneconomical for the premium segment; the Electric Himalayan is a concept, not a production vehicle, and timing of viable EV launch is unclear.

low · management_commentary