Eicher Motors Ltd. benchmarking: Performance to industry peers

Financial

	Eicher Motors	TVS Motor	Hero MotoCorp
Operational Metrics
Automobile
Total Automobiles Sold - Monthly	113164.0 .	473970.0 .	566086.0 .
Automobiles Sold - Monthly - Domestic	104129.0 .	353962.0 .	532433.0 .
Automobiles Sold - Monthly - Export	9035.0 .	120008.0 .	33653.0 .
Two Wheelers Sold - Monthly - Domestic	104129.0 .	348545.0 .	532433.0 .
Two Wheelers Sold (250cc - 350cc) - Domestic	99703.0 Nos	n/a	n/a
Two Wheelers Sold (Over 350 cc) - Domestic	13461.0 Nos	n/a	n/a
Realization / Motorcyle	188155.67 Rs	n/a	n/a
Unclassified
R&D as a % of Total Sales	3.0 %	2.82 %	2.54 %
Financials
5 yr Average ROE	17.78 %	21.6 %	18.86 %
5yr average Equity Multiplier	1.28	5.98	1.52
5yr Average Asset Turnover Ratio	0.68	0.92	1.34
5yr Avg Net Profit Margin	20.24 %	3.95 %	9.22 %
Price to Book	8.85	20.8	4.71
P/E	36.48	58.31	17.72
5yr Avg Cash Conversion Cycle	-44.49 Days	-62.94 Days	-34.28 Days
Inventory Days	30.75 Days	21.17 Days	17.55 Days
Days Receivable	8.86 Days	14.72 Days	26.31 Days
Days Payable	86.27 Days	95.39 Days	75.06 Days
5yr Average Interest Coverage Ratio	115.72	2.31	66.6
5yr Avg ROCE	20.19 %	19.68 %	23.28 %
5yr Avg Operating Profit Margin	23.3 %	12.9 %	12.73 %
5 yr average Debt to Equity	0.01	3.5	0.02
5yr CAGR Net Profit	28.58 %	30.34 %	8.46 %
5yr Average Return on Assets	13.91 %	3.61 %	12.34 %
Shareholdings
Promoter Holding	49.06 %	50.27 %	34.73 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	-0.14 %	0.0	-0.04 %
Change in Mutual Fund Holding (3 Yrs)	3.07 %	-4.25 %	1.13 %

	Eicher Motors	TVS Motor	Hero MotoCorp
Product Wise Break-Up	Product Wise Break-Up 2 Wheeler 86.45 Spare Parts & Accessories 7.1 Accessories 5.91 Financial services 0 Parts & Accessories 0 Three-wheeler 0 Motorcycles, Scooters, Mopeds 0 Components 0 Spare parts 0 Others 0.54	Product Wise Break-Up Spare Parts & Accessories 0 Components 0 Financial services 14.82 2 Wheeler 0 Spare parts 0 Accessories 0 Parts & Accessories 0 Three-wheeler 0 Motorcycles, Scooters, Mopeds 0 Others 85.18	Product Wise Break-Up Spare Parts & Accessories 0 Components 0 Financial services 0 2 Wheeler 0 Spare Parts & Accessories 15.86 Accessories 0 Parts & Accessories 0 Three-wheeler 0 Motorcycles, Scooters, Mopeds 0 Others 84.14
Location Wise Break-Up	Location Wise Break-Up India 85.54 Rest of the World 14.46	Location Wise Break-Up Rest of the World 21.03 India 78.97	Location Wise Break-Up Rest of the World 9.05 India 90.95
Asset Break-Up	Asset Break-Up Domestic 76.36 Overseas 23.64 Outside India 0 India 0	-	Asset Break-Up Domestic 0 Overseas 0 India 95.61 Outside India 4.39