Eicher Motors

“astrong growth in Brazil, and that's why we are sefting up our own CKD facility.”

“So that decision will take during this quarter, and we can tap into the market of the Indonesia, which is a high 2-wheeler market.”

“This expansion is aimed at strengthening our manufacturing capacity beyond our existing facilities in Tamil Nadu and to meet the future demand.”

“So we have identified an assembler. Once again, we had a long chat during this quarter one and trying to see whether we can become a CKD operating plant out of Indonesia.”

“The above capacity addition is expected to be completed during financial year 20-30. It will be happening in modules.”

“And the next module is also going to kick in by October 1 week.”

“And we are planning and so even our vendors are planning on 24/7 on a 3 shift basis.”

“Both Oragadam and Vallam since April, we have been running in three shifts.”

“But equally, we are building up the daily production rate, which is already in the higher run rate than we were expecting.”

“now we have decided to expand our footprint in Bengaluru, first five touch points, followed by another 5.”

“Our exports grew very strongly by 14.7% to 1,450 units despite a challenging extemal environment.”

“In Ql, in fact, our revenue has crossed for the first time about INR 1,000 crores, highest ever in the international business.”

“And in two months' time, we have delivered about 100-plus electric vehicles Flying Flea C6.”

“So we have identified about 10 locations in which we have to increase in the next 2 months time window.”

“I'm glad to share that both our 450 cc and 650 cc motorcycles are back at the pre-GST level”

“Our volumes are tracking over about 32% growth over the last year in this quarter.”

“Even our other funnel indicators such as overall booking, walk-ins, telephonic inquiry, etcetera, continue to maintain a very strong growth, which is slightly higher than our volume growth.”

“our 350cc model Classic, Bullet, Huater and Meteor that continue to grow at almost about 34% compared to last year quarter one”

“continue to drive growth for Hunter 350, which is now almost about 50% share of first-time buyers in Hunter.”

“The EBITDA margin for Q1 8.4% against 9.2% of last year.”

“In the quarter, we've had a net impact of about 4% to 4.5% on account of increase input cost of commodity as well as some of the processes involved.”

“We've also had some value engineering and benefits, which have come in about 0.4%”

“we've increased the prices of majority of our 350ce motorcycles by 1.75% in April '26. So overall, that has had a benefit of about 1.2% against the overall commodity piece.”

“As far as other expenses are concerned, so I think totally, other expenses are lower by about 7%.”

“Customer deliveries of the electric motorcycles of Flying Flea C6 has commenced this quarter, which is a historic milestone for us.”

“Our entry into the small commercial vehicle segment has begun well with 1,041 Pro X trucks delivered, including 172 electric vehicles.”

“So currently, it s not 5o, 50 on the VECV level that what hasu't crystallized.”

“Now we launched Bullet 650, and we have 125 year special edition on the Classic 650 that is also coming.”

“We also strengthened our internal combustion engine portfolio with the launch of our Bullet 650”

“One is in last year in Q4, we've had marketing ad campaigns, which are around the Cricket World Cup in Q4, which is about INR20 crores, which didn't happen this quarter.”

“We have also had a INR10 crores benefit on account of two launches which happened in Q4, which did not happen now.”

“we had LPG shortage issues, and we managed it by actually converting back to a PNG.”

“And we had manpower shortage issues, and we have recruited additional manpower.”

“Europe, while the industry is transitioning through, in the last call also, I said it's a market adjustment phase”

“So we can't sell more than about 10,000 vehicles in a year in such a big market in Indonesia.”

“there is what is called as the luxury tax, which is about 160% plus.”

“EML clocked its best ever Q1 revenue of INR 6,632 crores, marking a growth of 32% over INR 5,042 crores fiom Q1 of last year.”

“PAT at INR 1,463 crores, up 21% from INR 1,205 crores in Q1 last year”

“Our EBITDA, highest ever EBITDA of INR 1,591 crores versus INR 1,203 crotes in QI last year”

“During the quarter, we registered our highest ever quarter sales at 332,940 motorcycles as against 261,326 in Q1 of FY26.”

“For the quarter, VECY sales stood at 24,815 units, a growth of 14.8%”