Eicher Motors Limited · NSE:EICHERMOT
Eicher Motors — Q4 FY2026 Earnings Presentation
81 slides from Eicher Motors's earnings presentation, May 22, 2026
Slide 1: Regulation 30 investor presentation intimation
May 22, 2026 Online intimation/submission The Secretary The Secretary BSE Limited National Stock Exchange of India Ltd Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor, Plot No.C/1, Dalal Street G Block, Bandra Kurla Complex, Bandra (E) Mumbai-400 001 Mumbai-400 051 Security Code: 505200 Symbol:
Slide 2: Eicher Motors Ltd Q4 & FY 2026 Investor Presentation
EICHER MOTORS LTD Q4 & FY 2026 INVESTOR PRESENTATION May, 2026
Slide 3: Safe Harbour Statement
SAFE HARBOUR STATEMENT All statements included or incorporated by reference in this presentation, other than statements or characterisations of historical fact, are forward-looking statements. These forward-looking statements are based on our current expectations, estimates, and projections about ou
Slide 4: Contents
CONTENTS 1. EML Overview 2. Royal Enfield ● Company Overview ● India Business ● International Business ● Allied Business ● Operations Overview ● Brand ● Sustainability 3. JV Update - VECV 4. Financial Review INVESTOR PRESENTATION May 2026
Slide 5: Group Structure - Eicher Motors Ltd
GROUP STRUCTURE - EICHER MOTORS LTD Promoter Foreign Institutional Domestic Institutional Group Investors Investors Others 49.1% 27.5% 14.9% 8.5% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Eicher Motors Limited (EML) Joint Venture Business Unit 45.6% 54.4% Royal Enfield (RE) Royal Enfield Royal Enfiel
Slide 6: EML: Board of Directors
EML : BOARD OF DIRECTORS Siddhartha Lal B. Govindarajan Vinod Aggarwal Inder Mohan Singh Executive Chairman, EML Managing Director, EML & Executive Vice Chairman,EML Independent Director CEO, Royal Enfield Ira Gupta S Madhavan Tejpreet Chopra Arun Vasu Independent Director Independent Director Indepe
Slide 7: Royal Enfield
ROYAL ENFIELD RIDE. RIDE MORE. RIDE PURE. INVITE NUDGE ALLY people to experience the owners to never lose track of their journey with riders in their lifelong pursuit to joy of motorcycling. of self discovery. charter new courses of exploration. INVESTOR PRESENTATION May 2026
Slide 8: Our Journey
OUR JOURNEY SINCE 1901
Slide 9: Royal Enfield history 1901-1948
1901 1939 The first Royal Enfield motorcycle is Royal Enfield produces large quantities of produced. Designed by Bob Walker Smith and military motorcycles, bicycles, generators Frenchman Jules Gobiet, it is launched at the and anti-aircraft gun predictors during the Stanley Cycle Show in London. The 1
Slide 10: Royal Enfield history 1955-2008
1955 1977 The Redditch company partners Madras Enfield India begins exporting the 350cc Motors in India to form 'Enfield India'. Work Bullet to the UK and Europe. Sales grow commences on the construction of a rapidly as the bike develops a following purpose-built factory at Tiruvottiyur, near amongst
Slide 11: Royal Enfield history 2013-2018
2013 2017 The first Royal Enfield motorcycle rolls out Production commences at Royal Enfield’s of the new Oragadam plant near Chennai. third manufacturing facility- a new In the same year, Royal Enfield rolls out the state-of-the-art factory at Vallam Vadagal, all-new Continental GT, a motorcycle built
Slide 12: Royal Enfield history 2020-2022
2020 2021 Royal Enfield commences the local assembly In its 120th year, Royal Enfield re-envisions of motorcycles in Argentina, Royal Enfield’s its iconic motorcycle, the Classic. The local distributor in the country since 2018. sublime beauty and confidence of the Classic This is the first time in Royal
Slide 13: Royal Enfield history 2023-2024
2023 2024 Built by the Himalayas, with the capability, Inspired by custom, for custom, this versatility and ability to go anywhere from motorcycle is a shapeshifting mutant rocky roads to city streets. The all-new designed to be a canvas of self expression Himalayan is equipped with a more robust fo
Slide 14: Our Mission
OUR MISSION Pure A fundamental experience of life, authentic and real. Connecting at a sensorial level with your innermost self and your surroundings. Not being dependent on approval or endorsement from others. Steering clear of the artificial, the superficial, the superfluous and the contrived. Motorc
Slide 15: Rebalance: Long Term Strategic Vision
REBALANCE: LONG TERM STRATEGIC VISION 1. ICE and EV 3. Brand Led CX Brand led Customer Experience Balance EV as a game changer versus transactional focus along with ICE products 2. Growth Focus 4. Sustainability Balance Social & Commercial Balance Growth & Profitability objectives CREATE AN AGILE, RE
Slide 16: Royal Enfield: Management Team
ROYAL ENFIELD : MANAGEMENT TEAM Siddhartha Lal B. Govindarajan Mark Wells Mohit Dhar Jayal Mahesh Tripathi Executive Chairman, EML MD, EML and CEO, Royal Chief of Design Chief Brand Officer Chief Operations Officer Enfield Yadvinder S. Guleria Vidhya Srinivasan Rajeev Sharma Sudhakar Bhagavatula Umes
Slide 17: Expansive Product Portfolio
EXPANSIVE PRODUCT PORTFOLIO Engine Platform Heritage Roadster Scrambler Adventure Cruiser Retro Sport 650 cc Twin cylinder Classic 650 Interceptor INT650 Super Meteor 650 Continental GT650 Bear 650 Air-oil cooled 47 PS | 52.4 N-m Bullet 650 Shotgun 650 450 cc Single cylinder Liquid cooled 39.4 PS |
Slide 18: Awarded & Acclaimed
PREMIUM MOTORCYCLE OF THE Motorcycle upto 350cc Best Naked Bike 2026 - Bear Cruiser of the year YEAR 2025 - Motoring world Award 2023 - bike india awards - Indonesia International Motor Show 2024 - Motoring world awards BIKE OF THE YEAR 2024 - Autocar NZ internationally Manufacturer of the year Retr
Slide 19: India Business
INDIA BUSINESS
Slide 20: Royal Enfield Leads the Mid-Size Industry in India
ROYAL ENFIELD LEADS THE MID-SIZE INDUSTRY IN INDIA Guerrilla 450 Bear 650 | Classic 650 Goan Classic 350 Himalayan 450 | Shotgun 650 Bullet battalion Black | New Bullet 350 Bullet 650 650cc Twins Hunter 350 INT 650 / GT 650 Super Meteor 650 Launch of 411 New Classic 350 Himalayan OG Scram 411 Motorc
Slide 21: Gaining Market Share in Domestic Motorcycles
GAINING MARKET SHARE IN DOMESTIC MOTORCYCLES 31.4% 8.4% 15.5% 3.0% INVESTOR PRESENTATION 20 May 2026
Slide 22: Expansive Premium Dealership Network
EXPANSIVE PREMIUM DEALERSHIP NETWORK Royal Enfield currently ranks #1 in the FADA Dealer Satisfaction Survey 2025 INVESTOR PRESENTATION 21 May 2026
Slide 23: International Business
INTERNATIONAL BUSINESS
Slide 24: Royal Enfield Global Footprint
ROYAL ENFIELD GLOBAL FOOTPRINT UK India Canada Subsidiary Tech Center Bangladesh Subsidiary Tech Center Manufacturing CKD Vietnam Cambodia APAC Japan North America Subsidiary (2) Brazil CKD South Korea & Brazil Taiwan Subsidiary` Thailand CKD Hong Kong Mexico (Dis) & Thailand Subsidiary Colombia CKD
Slide 25: Market Share in Global Mid-Size Market
MARKET SHARE IN GLOBAL MID-SIZE MARKET Americas Market Share^ APAC Market Share^ EMEA Market Share^ 6.6% 9.7% 7.6% Prestigious Brands of Asia 2025 Award in the “Mid Size Segment Motorcycles” category ^Reflects Royal Enfield’s market share in the middleweight segment in the countries present as of FY26
Slide 26: Revenue from International Business
REVENUE FROM INTERNATIONAL BUSINESS International Business – Stellar growth in revenues from International business Entered in Taiwan with Entered Hong Kong by opening few models its first exclusive store. Bear 650 won the “Best Naked Bike” award @ Indonesia International Motor Show 2026 INVESTOR PRE
Slide 27: Spares and Service
SPARES AND SERVICE INVESTOR PRESENTATION 26 May 2026
Slide 28: Genuine Motorcycle Accessories
GENUINE MOTORCYCLE ACCESSORIES INVESTOR PRESENTATION 27 May 2026
Slide 29: Allied Business: Expansion of Range & Reach
ALLIED BUSINESS: EXPANSION OF RANGE & REACH Allied Business Revenue (Includes Spare parts, Service, Accessories & Apparel) INVESTOR PRESENTATION 28 May 2026
Slide 30: Apparel Announcements
APPAREL ANNOUNCEMENTS Bobber Helmet The new bobber helmet is built for street riding, combining a sleek design with comfort and durability. It includes four tinted visors, letting riders adjust style and visibility for different conditions. Cosmopolitan For our newest digital cover, Ayushmann Khurra
Slide 31: Apparel Announcements
APPAREL ANNOUNCEMENTS Royal Enfield x Vallon Royal Enfield extended its Classic universe beyond motorcycles with the launch of the Royal Enfield X VALLON Moto Aviators. The new lifestyle eyewear range mixes 1970s style with modern safety standards. Announced out of Chennai, the collection is positioned
Slide 32: Operations Overview
OPERATIONS OVERVIEW
Slide 33: Production Capabilities
PRODUCTION CAPABILITIES THIRUVOTTIYUR VALLAM Custom operations ~900,000 motorcycles per annum capacity ORAGADAM CHEYYAR 600,000 motorcycles per annum capacity Chrome plating and adjunct operations Brownfield expansion underway INVESTOR PRESENTATION 32 May 2026
Slide 34: CKD Assembly Plants
CKD ASSEMBLY PLANTS THAILAND BRAZIL BANGLADESH NEPAL ARGENTINA COLOMBIA
Slide 35: Global R&D Centers for Product Development
GLOBAL R&D CENTERS FOR PRODUCT DEVELOPMENT BRUNTINGTHORPE, UK CHENNAI, INDIA ▪ The India tech centre has the engineering and design teams ▪ UK Tech Centre at Bruntingthorpe is a hub for the product working under one roof and houses state-of-the-art engine, development and research activities for mid
Slide 36: Brand: Launches, Campaigns & Collaborations
BRAND LAUNCHES, CAMPAIGNS & COLLABORATIONS
Slide 37: Motoverse 2025
MOTOVERSE 2025 Royal Enfield 2025 edition of Motoverse in Goa, bringing together riders, creators, musicians, and artists from around the world. Featuring major product showcases, immersive workshops, and live performances. INVESTOR PRESENTATION 36 May 2026
Slide 38: Guerrilla 450 Apex Edition
GUERRILLA 450 APEX EDITION 2026 Guerrilla 450, a new, sportier Apex variant with upgraded tyres, a more aggressive riding stance, and refreshed design elements. The roadster gets features like ride-by-wire, a 6-speed gearbox, Tripper dash with navigation, and updated riding modes. INVESTOR PRESENTAT
Slide 39: Goan Classic 350 - 2026 Edition
GOAN CLASSIC 350- 2026 EDITION INVESTOR PRESENTATION 38 May 2026
Slide 40: Meteor 350 Crosses 6 Lakh Sales Mark
METEOR 350 CROSSES 6 LAKH SALES MARK Meteor 350 crossed a significant global milestone of 6 lakh units sold since its launch in November 2020, underscoring its sustained popularity in the mid-size cruiser segment. INVESTOR PRESENTATION 39 May 2026
Slide 41: HunterHood Rides into Shillong
HUNTERHOOD RIDES INTO SHILLONG HunterHood event turned Shillong into a vibrant hub of indie music and street culture, bringing together local and national artists, rappers, and performers alongside skateboarding, graffiti, and creative showcases. The event celebrated the city’s strong artistic ident
Slide 42: Launch of 1st Flying Flea Store @ Bangalore
LAUNCH OF 1ST FLYING FLEA STORE @ BANGALORE INVESTOR PRESENTATION 41 May 2026
Slide 43: Launches @ International Markets
LAUNCHES @ INTERNATIONAL MARKETS Launch of Bear 650 Launch of Goan Classic 350 Classic 650 Launching event Meteor 350 Launch (Brazil) (Korea & Indonesia) (NA & Thailand) (Bangladesh) INVESTOR PRESENTATION 42 May 2026
Slide 44: Glimpse of EICMA 2025
GLIMPSE OF EICMA 2025 Brand Core Collection launch at EICMA Launch of NEW MOTORCYCLES CELEBRATING 125 YEARS OF ROYAL ENFIELD INVESTOR PRESENTATION 43 May 2026
Slide 45: RE @ 33rd Yokohama Hot Rod Custom Show
RE @ 33rd YOKOHAMA HOT ROD CUSTOM SHOW Royal Enfield showcased striking custom bikes VITA and Carolina Reaper under its global Custom World initiative, featuring renowned international builders. INVESTOR PRESENTATION 44 May 2026
Slide 46: Season 5 of the Continental GT Cup
SEASON 5 OF THE CONTINENTAL GT CUP Royal Enfield concluded the fifth edition of the Continental GT Cup 2025, drawing over 6000 online registrations this year from across the country, over 500 aspirants were screened for zonals via eight zonal selections from which 64 made it to nationals from the zona
Slide 47: Collaborations
Festival of Music Grew: omc EN FI E LD "hfsh _«. HUEMN COLLABORATIONS iy VALLON JIeit LABS Belstaff] _ NAPPA DORI @ Spotify ANU ay cos Ho eb eA BREWING DA Daily Objects “Cow Suis
Slide 48: Rides and Expeditions
RIDES AND EXPEDITIONS #MakeEveryRideBetter INVESTOR PRESENTATION 47 May 2026
Slide 49: Latest Rides and Expeditions
LATEST RIDES AND EXPEDITIONS Unseen NorthEast 2026 Leveraged community rides to strengthen the culture of camaraderie, engaging enthusiasts from across the world while highlighting the performance of Royal Enfield motorcycles and gear. INVESTOR PRESENTATION 48 May 2026
Slide 50: Leading Premium Motorcycle Brand
LEADING PREMIUM MOTORCYCLE BRAND #1 84% Consideration Community Culture #1 55% Top of Mind Driven Builder Awareness SHARE OF VOICE* NET SENTIMENT 31 percentage points 38 percentage points ahead of our closest competitor ahead of our closest 51.5% 94.0% competitor ● Our Top of Mind Awareness (first br
Slide 51: 13.6 Million Social Media Community
13.6 MILLION ONE OF THE WORLD’s STRONGEST FULLY ORGANIC SOCIAL ❏ ❏ ❏ 193K - Average Engagement per Brand post 156M - Total Engagement 338M - Total Reach MEDIA COMMUNITY INSTAGRAM LINKEDIN YOUTUBE FACEBOOK X (TWITTER) INVESTOR PRESENTATION 50 May 2026
Slide 52: Sustainability
SUSTAINABILITY
Slide 53: ESG: Roadmap and Focus Areas
E S G : ROADMAP AND FOCUS AREAS Environmental 80% emission intensity ▪ Improve water positivity 01 reduction (tCO2e/motorcycle) ▪ Commitments towards zero liquid discharge by FY 2029-30* ▪ Eliminate utilisation of single use plastic ▪ Focus on increasing share of renewable energy ▪ Reducing waste ge
Slide 54: Golden Peacock Award for Corporate Governance
Eicher Motors Limited received the Golden Peacock Award for Excellence in Corporate Governance in 2025. This prestigious national award, from the Institute of Directors (IOD), honors organizations that showcase outstanding corporate governance practices. INVESTOR PRESENTATION 53 May 2026
Slide 55: Social Mission Initiative: Journey Across the Himalayas
SOCIAL MISSION INITIATIVE 2ND EDITION OF JOURNEY ACROSS THE HIMALAYAS Royal Enfield announced the second edition of Journeying Across The Himalayas, a week-long multidisciplinary festival under the Royal Enfield Social Mission that brings together art, culture, and conversations around the Himalayan r
Slide 56: Volvo-Eicher Commercial Vehicles
VOLVO-EICHER COMMERCIAL VEHICLES
Slide 57: 15+ Years of Driving Modernisation
EVENTS 15+ YEARS OF DRIVING MODERNISATION Leveraging the best of both worlds Respect Fair and Ethical ▪ Leadership in Light & Medium Duty ▪ Global expertise Excellence segments ▪ Leadership in product technology ▪ Frugal engineering & operations Customer Centric ▪ Well defined processes and controls
Slide 58: VECV Board
EVENTS VECV BOARD Leaders with proven track record Vinod Aggarwal Srinivas Balantrapu Siddhartha Lal Sofia Helena Frandberg Chairperson , VE Commercial MD & CEO , VE Commercial Non Executive Director Non Executive Director Vehicles Ltd. Vehicles Ltd. Bruno Blin Jan Hjelmgren Inder Mohan Singh Padmaja
Slide 59: FY26 - Best-Ever Sales & Market-Share Gains
FY26 - BEST-EVER SALES & MARKET-SHARE GAINS ACROSS EVENTS KEY SEGMENTS ● In FY26, crossed 100,000 units sales, with a growth of 14.7% vs 13% CV Industry growth ● Retained India #1 in LMD trucks market share ● Record sales of HD Trucks, Spare Parts, Engineering Components and VE Powertrain business ●
Slide 60: Eicher Pro X - Small Commercial Vehicle Segment
EVENTS EICHER PRO X - SMALL COMMERCIAL VEHICLE SEGMENT ○ Available in EV, Diesel and CNG variants. ○ 25 exclusive dealerships and tie ups with Charge Point Operators (CPOs). ○ Designed for key sectors: e-commerce, FMCG, cold chain, fresh produce, and courier.
Slide 61: Kashmir to Kanyakumari by Eicher Pro X EV
EVENTS KASHMIR TO KANYAKUMARI (K2K) BY EICHER Pro X EV ○ First Electric SCV & CV to travel from (K2K) with Loaded Cargo ○ The Pro X trucks started on Jan 20, 2026 from Lal Chowk Srinagar and reached Kanyakumari on Jan 26, 2026. ○ Covered 4,096 kms with 78 running hours in 6 days ○ 39 charging stops
Slide 62: Overall Network Touchpoint Crosses 1,250+
EVENTS OVERALL NETWORK TOUCHPOINT CROSSES 1,250+ ● 164 touch points added in FY’26 ● East Focus: 376 locations; covering all 7 NE states ● Container support deployed on 14 highways across 8 states. ● Retail Excellence to improve Customer Satisfaction. ● Leveraging Telematics ● Network now spans over
Slide 63: Connected Services Next Step to Drive Customer Value
EVENTS CONNECTED SERVICES NEXT STEP TO DRIVE CUSTOMER VALUE ○ My Eicher: Leadership in Fleet Management with 185K Customers ○ 425K Vehicles ○ 200+ Customer Features & Services ○ VE Connected Solutions JV – Driving Next-Gen Innovation Segment specific multi fleet solutions for VECV Customers ○ New Prod
Slide 64: Driving Inclusion - First Women Drivers Meet
EVENTS DRIVING INCLUSION - 1st EVER WOMEN DRIVERS MEET
Slide 65: New Facilities for Powertrain & Axles
EVENTS NEW FACILITIES FOR POWERTRAIN & AXLES Plans to Manufacture Volvo Group’s Industry Leading Automated Inaugurated Axle assembly plant Manual Transmissions (AMT) in India ● Area: 12,228 sqm ∙ Volvo Group’s pioneering 12-speed Automated Manual Transmission (AMT) to be produced by VECV in India. ●
Slide 66: Glimpse of Achievements
GLIMPSE OF ACHIEVEMENTS e4M Gold for Eicher Pro X Launch Campaign CV Maker of the Year
Slide 67: Customer Satisfaction & Brand Health Survey 2026
EVENTS CUSTOMER SATISFACTION & BRAND HEALTH SURVEY 2026 ➢ Eicher retains No.1 position amongst 5 market players in LMD Trucks ➢ Eicher retains No.1 position amongst 4 market players in HD Trucks ➢ Eicher rated No.2 amongst 5 market players in Customer Satisfaction in Bus Division. ➢ In CSI 2026, we
Slide 68: Strong Market Positions for VECV
EVENTS STRONG MARKET POSITIONS FOR VECV Light & Medium Duty Trucks 34.9% #1 25.4% FY 2009 FY 2026 Buses (Combined) HD Trucks (Combined) 19.3% 9.7% #3 #3 5.3% 2.1% FY 2009 FY 2026 FY 2009 FY 2026 # Market position of the segments
Slide 69: Q4 FY26 & YTD FY26 Sales & Market-Share
EVENTS Q4 FY26 & YTD FY26 SALES & MARKET-SHARE ACROSS KEY SEGMENTS Q4 -Quarterly YTD Segments Volumes Market share (%) Volumes Market share (%) Growth % Growth % Q4'FY26 Q4'FY25 Q4'FY26 Q4'FY25 FY26 FY25 FY26 FY25 HD 8,891 6,765 31.4% 9.5% 9.1% 25,155 22,037 14.1% 9.1% 9.0% LMD 15,037 11,603 29.6% 3
Slide 70: Q4 FY26 VECV Financial Highlights
EVENTS Q4 FY 26 VECV FINANCIAL HIGHLIGHTS Total Volumes (In Units) Revenue from operations +18.4% +16.0% +25.8% +30.4% 1.For the purpose of EBITDA computation, only operating Income has been considered. 2. PAT* - Includes OCI EBITDA & EBITDA Margin PAT* 3. The percentages mentioned represent YoY gro
Slide 71: FY26 VECV Financial Highlights
EVENTS FY 26 VECV FINANCIAL HIGHLIGHTS Total Volumes (In Units) Revenue from operations +15.0% +14.7% +26.2% +14.6% 1.For the purpose of EBITDA computation, only operating Income has been considered. 2. PAT* - Includes OCI EBITDA & EBITDA Margin PAT* 3. The percentages mentioned represent YoY growth
Slide 72: VECV Profit & Loss Statement (Consolidated)
EVENTS VECV PROFIT & LOSS STATEMENT (Consolidated) Particulars FY21 FY22 FY23 FY24 FY25 FY26 Sales Volume 79,623 85,560 90,163 103,404 Income Revenue from operations 8,676.4 12,724.5 18,952.3 21,868.0 23,548.2 27,076.6 Other income 45.7 57.3 122.6 205.1 213.5 298.1 Total income 8,722.0 12,781.8 19,0
Slide 73: Eicher Motors Financial Review
EICHER MOTORS FINANCIAL REVIEW
Slide 74: Significant Value Creation for All Stakeholders
SIGNIFICANT VALUE CREATION FOR ALL STAKEHOLDERS Market Capitalisation (INR Billions) INVESTOR PRESENTATION 73 May 2026
Slide 75: Shareholder Returns: Dividend
SHAREHOLDER RETURNS : DIVIDEND The Board of Directors of the Company at their meeting held on May 22, 2026, considered and proposed a final dividend post the balance sheet date, @ Rs. 82 per share (nominal value of Re. 1 per share) for the financial year ended March 31, 2026, which is subject to appro
Slide 76: Q4 FY26 Financial Highlights (Consolidated)
Q4 FY 26 FINANCIAL HIGHLIGHTS (Consolidated) Total Volumes (in units) Revenue from operations +11.8% +16.0% +20.4% +11.6% 24.7% 24.0% EBITDA & EBITDA Margin PAT* All figures refer to EML Consolidated numbers and are in INR Crs unless specified & the percentages mentioned represent YoY growth. Note : R
Slide 77: FY26 Financial Highlights (Consolidated)
FY 26 FINANCIAL HIGHLIGHTS (Consolidated) Total Volumes (in units) Revenue from operations +22.4% +24.0% +22.8% +16.5% EBITDA & EBITDA Margin PAT* All figures refer to EML Consolidated numbers and are in INR Crs unless specified & the percentages mentioned represent YoY growth. Note : Revenues & EBITD
Slide 78: Profit & Loss Statement (Consolidated)
PROFIT & LOSS STATEMENT (Consolidated) Particulars FY21 FY22 FY23 FY24 FY25 FY26 Sales Volume 609,403.0 595,474.0 824,066.0 912,003.0 1,002,893.0 1,227,977.0 Income Revenue from operations 8,720.4 10,297.8 14,442.2 16,535.8 18,870.4 23,407.6 Other income 453.2 440.8 595.1 1,075.9 1,304.9 1,486.5 Tot
Slide 79: Balance Sheet (Consolidated)
BALANCE SHEET (Consolidated) Particulars FY21 FY22 FY23 FY24 FY25 FY26 Net Fixed Assets (including CWIP and Pre-operative Expenditure) 2,747.6 2,929.1 3,162.1 3,469.5 3,964.9 4,588.0 Investments 3,902.1 7,720.6 12,320.7 13,527.0 13,943.4 14,664.0 Other Non Current Assets 125.2 212.4 251.58 2,161.1 2
Slide 80: Statement of Cash Flows (Consolidated)
STATEMENT OF CASH FLOWS (Consolidated) Particulars FY21 FY22 FY23 FY24 FY25 FY26 Profit before tax and after share of profit of Joint venture 1,798.4 2,202.5 3,799.6 5,202.0 5,933.1 7,102.1 Operating profit before changes in working capital 1,912.4 2,190.9 3,527.3 4,403.6 4,849.1 5,885.4 Net Changes
Slide 81: Royal Enfield Royal Enfield Royal Enfield
Royal Enfield Royal Enfield Royal Enfield