NSE ScannerComparison · NSE · data 2026-10-30
Eicher Motors Limited vs Maruti Suzuki India Limited
In plain words
Size: Maruti Suzuki India Limited is about 1.8 times the market value of Eicher Motors Limited.
Valuation (P/E): Eicher Motors Limited 34.4 vs Maruti Suzuki India Limited 26.6.
Return on equity: Eicher Motors Limited 23.8% vs Maruti Suzuki India Limited 14.4%.
Profit growth over 3 years: Eicher Motors Limited 23.7% a year vs Maruti Suzuki India Limited 21.1% a year.
Debt to equity: Eicher Motors Limited 0.02 vs Maruti Suzuki India Limited 0.
Differences in the numbers, not a recommendation of either stock.
Side by side
| EICHERMOT | MARUTI | |
|---|---|---|
| Price | ₹7,220 | ₹11,397 |
| Market cap | ₹1,99,028 cr | ₹3,59,519 cr |
| P/E | 34.4 | 26.6 |
| P/B | — | 3.3 |
| ROE | 23.8% | 14.4% |
| ROCE | 19.5% | 13.6% |
| Debt / equity | 0.02 | 0 |
| Operating margin | 21.0% | 6.5% |
| Dividend yield | 1.13% | 1.22% |
| Sales growth, 3 years (yearly) | 17.5% | 15.6% |
| Profit growth, 3 years (yearly) | 23.7% | 21.1% |
| 1-year return | 3.9% | -29.6% |
| Revenue, last 12 months | ₹24,998 cr | ₹2,08,192 cr |
| Net profit, last 12 months | ₹5,773 cr | ₹13,451 cr |
| Latest quarter | Jun 2023 | Mar 2023 |
| Quarter net profit | ₹918 cr | ₹2,671 cr |
| Quarter profit vs a year earlier | +50.4% | — |
| Promoter holding | 49.08% | 58.72% |
| Health check | Strong (7.3/10) | Average (5.4/10) |
Common questions
Which has a higher P/E, Eicher Motors Limited or Maruti Suzuki India Limited?
Eicher Motors Limited trades at the higher P/E (34.4 against 26.6). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Eicher Motors Limited (23.8% against 14.4%).
Which carries more debt?
Eicher Motors Limited has the higher debt-to-equity ratio (0.02 against 0).