Eicher Motors Limited (NSE:EICHERMOT)

Eicher Motors Cash Flow Statement

Financials in millions INR. Fiscal year is April - March.

Operating Activities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Net Income	55,152	47,344	40,010	29,139	16,766
Depreciation & Amortization	6,652	5,749	4,725	4,318	3,746
Other Amortization	1,751	1,544	1,251	944.2	773
Loss (Gain) From Sale of Assets	14.7	77.1	13.9	3.1	42.3
Loss (Gain) From Sale of Investments	-7,456	-8,633	-7,198	-3,011	-1,553
Loss (Gain) on Equity Investments	-7,978	-6,998	-4,477	-3,152	-601.5
Stock-Based Compensation	550.9	475.2	342.2	227.6	-293.4
Provision & Write-off of Bad Debts	0.9	8.9	14.1	73.8	14
Other Operating Activities	-3,419	-1,879	-1,324	-973.2	-2,314
Change in Accounts Receivable	1,901	-1,760	-51.8	-590.4	-1,466
Change in Inventory	-4,041	-1,541	-1,312	-1,460	-2,578
Change in Accounts Payable	2,606	4,396	3,042	221.5	2,834
Change in Unearned Revenue	1,699	147.1	835.1	288.6	-534.2
Change in Other Net Operating Assets	613.4	867.7	1,366	2,197	434.3
Operating Cash Flow	48,048	39,799	37,237	28,227	15,270
Operating Cash Flow Growth	20.73%	6.88%	31.92%	84.84%	-9.69%

Investing Activities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Capital Expenditures	-12,753	-10,393	-8,185	-6,825	-6,408
Sale of Property, Plant & Equipment	87.1	108.6	41.5	87.8	21.3
Investment in Securities	-22,469	-18,097	-23,568	-20,759	-5,526
Other Investing Activities	5,494	3,549	3,192	3,331	2,080
Investing Cash Flow	-29,640	-24,833	-28,520	-24,165	-9,833

Financing Activities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Short-Term Debt Issued	793.6	219.7	1,336	636	321.4
Long-Term Debt Issued	60.3	162.1	1,858	1,314	-
Total Debt Issued	853.9	381.8	3,194	1,950	321.4
Short-Term Debt Repaid	-709.9	-431.6	-1,272	-195.6	-1,367
Long-Term Debt Repaid	-622.2	-557.7	-370.6	-188.8	-169.5
Total Debt Repaid	-1,332	-989.3	-1,643	-384.4	-1,536
Net Debt Issued (Repaid)	-478.2	-607.5	1,551	1,566	-1,215
Issuance of Common Stock	123	868.9	465.7	112.2	64.9
Common Dividends Paid	-19,200	-13,975	-10,129	-5,742	-4,647
Other Financing Activities	-274	-273.6	-331.6	-110.4	-136.8
Financing Cash Flow	-19,829	-13,987	-8,444	-4,174	-5,934

Net Cash Flow

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Foreign Exchange Rate Adjustments	1,304	226.6	180.4	196.5	-
Net Cash Flow	-115.7	1,206	454.2	84.2	-495.7

Free Cash Flow

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Free Cash Flow	35,296	29,406	29,052	21,402	8,862
Free Cash Flow Growth	20.03%	1.22%	35.75%	141.50%	-23.52%
Free Cash Flow Margin	15.16%	15.70%	17.68%	14.54%	8.69%
Free Cash Flow Per Share	128.46	107.06	105.96	78.13	32.38
Levered Free Cash Flow	28,856	24,692	23,876	19,981	5,805
Unlevered Free Cash Flow	29,269	25,003	24,165	20,128	5,908

Additional Metrics

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash Interest Paid	495.7	371.6	354.4	182.2	187.4
Cash Income Tax Paid	13,585	10,802	10,678	7,703	5,136
Change in Working Capital	2,779	2,110	3,880	656.7	-1,310

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 4, 2026

Data Sources Report a data error