Eicher Motors Q5 net may soar 76%, revenue seen up 55%: Poll

Eicher Motors is expected to see another good quarter as volume growth continues to be robust for both segments. The Royal Enfield manufacturer is likely to see net profit at Rs 345 crore in January-March quarter, up 76 percent from Rs 195.28 crore in corresponding quarter last fiscal. According to CNBC-TV18 poll, revenue may jump 55 percent at Rs 3978 crore in Q5FY16 compared to Rs 2568 crore in year-ago period. The company is following 15 month financial year ending March 31.

During the period, EBITDA is seen growing 77 percent at Rs 649 crore versus Rs 366 crore while operating profit margin may jump at 16.3 percent verus 14.2 percent on annual basis.

Cues to watch out for #Q5 Royal Enfield volumes up 60 percent (YoY) at 1.48 lakh versus 92846 unitsRoyal Enfield net realisations rose 0.7 percent (QoQ0 driven by price increase of 1 percent in Jan 2016 #Last quarter, Royal Enfield margins hit all time high of 28.5 percent, trend could continue #Export sales for Royal enfield picking up, entered into Thailand, Jakarta market in December #Q5 Commercial vehicle volumes up 43 percent YoY at 15553 vs 10865 units  #CV net realisations up 11.5 percent YoY, up 1.5 percent QoQ  #Market share in CV segment of 5 tonne and above risen to 13.6 percent vs 12.1 percent #Bus segment improving, bus segment market share risen from 10.9 percent to 14 percent