NSE ScannerComparison · NSE · data 2026-10-31
Eicher Motors Limited vs TVS Motor Company Limited
In plain words
Size: TVS Motor Company Limited is about 1 times the market value of Eicher Motors Limited.
Valuation (P/E): TVS Motor Company Limited 52.1 vs Eicher Motors Limited 34.4.
Return on equity: TVS Motor Company Limited 33.4% vs Eicher Motors Limited 23.8%.
Profit growth over 3 years: TVS Motor Company Limited 31.5% a year vs Eicher Motors Limited 23.7% a year.
Debt to equity: TVS Motor Company Limited 3.43 vs Eicher Motors Limited 0.02.
Differences in the numbers, not a recommendation of either stock.
Side by side
| EICHERMOT | TVSMOTOR | |
|---|---|---|
| Price | ₹7,220 | ₹4,195.2 |
| Market cap | ₹1,97,930 cr | ₹1,99,537 cr |
| P/E | 34.4 | 52.1 |
| P/B | — | 17.6 |
| ROE | 23.8% | 33.4% |
| ROCE | 19.5% | 25.2% |
| Debt / equity | 0.02 | 3.43 |
| Operating margin | 21.0% | 12.5% |
| Dividend yield | 1.14% | 0.29% |
| Sales growth, 3 years (yearly) | 17.5% | 20.2% |
| Profit growth, 3 years (yearly) | 23.7% | 31.5% |
| 1-year return | 3.9% | 19.7% |
| Revenue, last 12 months | ₹24,998 cr | ₹65,578 cr |
| Net profit, last 12 months | ₹5,773 cr | ₹3,827 cr |
| Latest quarter | Jun 2023 | Jun 2026 |
| Quarter net profit | ₹918 cr | ₹1,019 cr |
| Quarter profit vs a year earlier | +50.4% | — |
| Promoter holding | 49.08% | 50.27% |
| Health check | Strong (7.3/10) | Average (6.3/10) |
Common questions
Which has a higher P/E, Eicher Motors Limited or TVS Motor Company Limited?
TVS Motor Company Limited trades at the higher P/E (52.1 against 34.4). 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?
TVS Motor Company Limited (33.4% against 23.8%).
Which carries more debt?
TVS Motor Company Limited has the higher debt-to-equity ratio (3.43 against 0.02).