Eicher Motors Ltd.

Financial

	Eicher Motors	TVS Motor	Hero MotoCorp
Operational Metrics
Automobile Sector
Total Automobiles Sold - Monthly	91132.0 .	397623.0 .	442873.0 .
Automobiles Sold - Monthly - Domestic	81052.0 .	296568.0 .	412378.0 .
Automobiles Sold - Monthly - Export	10080.0 .	101055.0 .	30495.0 .
Two Wheeler
Two Wheelers Sold - Monthly - Domestic	81052.0 .	293860.0 .	412378.0 .
Two Wheelers Sold (250cc - 350cc) - Domestic	78815.0	n/a	n/a
Two Wheelers Sold (Over 350 cc) - Domestic	12317.0	n/a	n/a
Realization / Motorcyle	181312.78 Rs	n/a	n/a
Unclassified
R&D as a % of Total Sales	3.0 %	2.02 %	2.15 %
Financials
5 yr Average ROE	17.0 %	20.15 %	19.37 %
5yr average Equity Multiplier	1.27	6.04	1.5
5yr Average Asset Turnover Ratio	0.69	0.93	1.34
5yr Avg Net Profit Margin	19.21 %	3.59 %	9.57 %
Price to Book	7.16	14.24	4.05
P/E	30.61	55.94	18.56
5yr Avg Cash Conversion Cycle	-41.76 Days	-53.88 Days	-32.33 Days
Inventory Days	29.83 Days	22.07 Days	17.48 Days
Days Receivable	8.12 Days	14.43 Days	25.41 Days
Days Payable	85.29 Days	94.7 Days	71.74 Days
5yr Average Interest Coverage Ratio	118.83	2.18	69.58
5yr Avg ROCE	20.07 %	18.88 %	22.55 %
5yr Avg Operating Profit Margin	23.07 %	12.34 %	12.57 %
5 yr average Debt to Equity	0.01	3.54	0.02
5yr CAGR Net Profit	16.97 %	21.97 %	0.58 %
5yr Average Return on Assets	13.36 %	3.32 %	12.91 %
Shareholdings
Promoter Holding	49.09 %	50.27 %	34.74 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	-0.13 %	-1.99 %	-0.01 %
Change in Mutual Fund Holding (3 Yrs)	5.28 %	-0.03 %	7.69 %

Business

	Eicher Motors	TVS Motor	Hero MotoCorp
Product Wise Break-Up	Product Wise Break-Up 2 Wheeler 86.41 Spare Parts & Accessories 7.22 Accessories 5.81 Parts & Accessories 0 Three-wheeler 0 Motorcycles, Scooters, Mopeds 0 Components 0 Spare parts 0 Others 0.56	Product Wise Break-Up Accessories 0 Spare parts 0 Parts & Accessories 8.31 Spare Parts & Accessories 0 Three-wheeler 0 2 Wheelers 77.32 2 Wheeler 0 Components 0 Others 14.37	Product Wise Break-Up Accessories 0 Spare Parts & Accessories 15.69 Parts & Accessories 0 Spare Parts & Accessories 0 Three-wheeler 0 Motorcycles, Scooters, Mopeds 0 2 Wheeler 0 Components 0 Others 84.31
Location Wise Break-Up	Location Wise Break-Up India 87.98 Rest of the World 12.02	Location Wise Break-Up India 79.51 Rest of the World 20.49	Location Wise Break-Up India 95.28 Rest of the World 4.72
Asset Break-Up	Asset Break-Up Domestic 77.2 Overseas 22.8 Outside India 0 India 0	-	Asset Break-Up India 95.74 Overseas 0 Domestic 0 Outside India 4.26