Is Eicher Motors (EICHERMOT) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.2% / 30% | 1.8% / 30% | 0.3% / 30% | 1.71% / 5% | ✓ HALAL |
| DJIM | 0.2% / 33% | 1.8% / 33% | 0.3% / 33% | 1.71% / 5% | ✓ HALAL |
| MSCI | 1.7% / 33% | 13.8% / 33% | 2.0% / 33% | 1.71% / 5% | ✓ HALAL |
| S&P | 0.2% / 33% | 1.8% / 33% | 0.3% / 33% | 1.71% / 5% | ✓ HALAL |
| FTSE | 1.7% / 33% | 13.8% / 33% | 2.0% / 50% | 1.71% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 43.0% | |
| Operating Margin | 22.0% | |
| Net Margin | 23.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $39.8B |
| Free Cash Flow | $29.4B |
| Total Debt | $4.6B |
| Debt-to-Equity | 2.0 |
| Total Assets | $271.7B |
Price & Trading
| Last Close | INR 6,992.50 |
| 50-Day MA | INR 7,361.10 |
| 200-Day MA | INR 6,789.66 |
| Avg Volume | 529K |
| Beta | 0.1 |
|
52-Week Range
INR 4,999.95
| |
About Eicher Motors (EICHERMOT)
Eicher Motors Limited, an automobile company, engages in the manufacture and sale of motorcycles and commercial vehicles in India and internationally. The company designs, develops, manufactures, assembles, and sells two-wheelers, as well as related parts and accessories; motorcycle accessories; protective and performance gears, and riding apparel products for men and women; and lifestyle apparel products and accessories. It also owns the Royal Enfield motorcycle brand that offers Classic 350, Bullet 350, Meteor 350, Hunter 350, Himalayan 450, Scram 440 ADV Crossover, Interceptor 650, Bear 650, Guerrilla 450 modern roadster, Continental GT 650, Super Meteor 650, and Shotgun 650 models. The company was founded in 1901 and is headquartered in Chennai, India.
Purification Calculator
As a halal stock with 1.71% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Eicher Motors (EICHERMOT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Eicher Motors is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Eicher Motors's debt ratio?
Eicher Motors's debt ratio is 0.2% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 1.7%.
Does Eicher Motors require dividend purification?
Yes, Eicher Motors has an impermissible income ratio of 1.71%, which means 1.71% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are Eicher Motors's key financial metrics?
Eicher Motors has a market capitalization of $1.9T, trailing P/E ratio of 35.0, and revenue of $185.4B. The company maintains a gross margin of 43.0% and a net margin of 23.9%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.