Hero MotoCorp

₹4284 24.4 | 0.6%

WEBSITE BSE:500182 NSE : HEROMOTOCO 26 Dec, 16:01

Market Cap ₹85679 Cr.

Stock P/E 22.9

P/B 4.4

Current Price ₹4284

Book Value ₹ 976.3

Face Value 2

52W High ₹6245

Dividend Yield 3.27%

52W Low ₹ 3930.3

Edit Ratio

Hero MotoCorp Research see more...

Hero MotoCorp-IT raid plunge may be a wonderful opportunity to buy a good business model in adversity

Overview Inc. Year: 1984Industry: Automobile Two & Three Wheelers

Hero MotoCorp Limited is engaged in development, manufacturing, advertising, sale and distribution of two-wheelers and its components and accessories. Its product category consists of motorcycles, scooters, and parts. Its motorcycle products comprises XTREME 200S, XTREME 160R BS6, XPULSE 200T, XPULSE 200 4V, XPULSE 200 BS6, GLAMOUR BS6, NEW GLAMOUR and GLAMOUR XTEC,SUPER SPLENDOR BS6, SPLENDOR ISMART BS6, SPLENDOR+ BS6, PASSION PRO BS6, NEW SUPER SPLENDOR. Its scooter merchandise comprises PLEASURE+ XTEC, NEW MAESTRO EDGE 125 BS6, NEW MAESTRO EDGE 110 and DESTINI 125 BS6. Its add-ons comprises bungee nets, engine guards, fender, grip covers, helmets, knee pads, products, rim tapes, seat covers, aspect grabs, step women, and tank pads. It also offers HERO GENUINE 4T PLUS MOTORCYCLE ENGINE OIL and HERO GENUINE 4T PLUS SCOOTOER ENGINE OIL. It has 8 production facilities, including six in India (Dharuhera, Chittoor, Gurugram, Haridwar, Neemrana, Gujarat) and one each in Colombia and Bangladesh.

Hero MotoCorp Share Price

New

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Hero MotoCorp Quarterly Results

#(Fig in Cr.)	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018
Net Sales	7496	8622	8372	7314	8564
Other Income	118	132	118	110	167
Total Income	7614	8754	8489	7424	8731
Total Expenditure	6538	7326	6916	6156	7193
Operating Profit	1076	1428	1573	1268	1537
Interest	1	2	2	2	2
Depreciation	135	133	136	138	148
Exceptional Income / Expenses	0	0	0	0	0
Profit Before Tax	939	1293	1436	1128	1387
Provision for Tax	221	379	425	323	420
Profit After Tax	718	914	1010	805	967
Adjustments	-718	-914	-1010	-805	-967
Profit After Adjustments	0	0	0	0	0
Adjusted Earnings Per Share	35.9	45.8	50.6	40.3	48.4

Hero MotoCorp Profit & Loss

#(Fig in Cr.)	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Net Sales	25275	27585	28443	28500	32230	33651	28836	30801	29245	33806	37456	32872
Other Income	446	493	422	522	526	691	778	580	557	565	893	527
Total Income	25722	28078	28865	29023	32756	34342	29614	31380	29802	34371	38348	33398
Total Expenditure	21745	24058	24005	23915	27028	28847	25059	26878	25979	29944	32358	27591
Operating Profit	3977	4020	4860	5108	5728	5495	4555	4502	3824	4427	5990	5806
Interest	12	11	5	6	6	9	22	22	26	20	19	8
Depreciation	1098	525	420	444	478	476	637	580	548	533	553	555
Exceptional Income / Expenses	0	-155	0	0	0	0	677	0	0	0	-160	0
Profit Before Tax	2867	3329	4435	4658	5244	5011	4574	3900	3250	3875	5258	5244
Provision for Tax	758	943	1275	1281	1547	1626	940	936	777	964	1290	1547
Profit After Tax	2109	2386	3160	3377	3697	3385	3633	2964	2473	2911	3968	3696
Adjustments	0	0	0	0	0	0	0	0	0	0	0	-3696
Profit After Adjustments	2109	2386	3160	3377	3697	3385	3633	2964	2473	2911	3968	0
Adjusted Earnings Per Share	105.6	119.5	158.2	169.1	185.1	169.5	181.9	148.4	123.8	145.6	198.5	185.1

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	11%	7%	2%	4%
Operating Profit CAGR	35%	10%	2%	4%
PAT CAGR	36%	10%	3%	7%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	5%	21%	12%	3%
ROE Average	23%	19%	21%	29%
ROCE Average	30%	25%	27%	40%

Hero MotoCorp Balance Sheet

#(Fig in Cr.)	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Shareholder's Funds	5600	6541	8834	10111	11769	12857	14136	15198	15783	16705	17986
Minority's Interest	0	0	0	0	0	0	0	0	0	0	0
Borrowings	0	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	-32	23	1251	1572	2074	2245	1710	1770	1655	1873	2295
Total Current Liabilities	4423	3883	3448	4093	4343	4130	3976	6110	5072	5624	6544
Total Liabilities	9991	10448	13534	15776	18186	19233	19823	23079	22510	24202	26825
Fixed Assets	2243	2913	3584	4396	4655	4619	6117	5988	5806	5761	5834
Other Non-Current Assets	2192	2253	3798	3928	4683	6498	5417	6138	6589	9404	11195
Total Current Assets	5556	5282	6151	7453	8848	8116	8289	10953	10115	9037	9796
Total Assets	9991	10448	13534	15776	18186	19233	19823	23079	22510	24202	26825

Hero MotoCorp Cash Flow

#(Fig in Cr.)	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Opening Cash & Cash Equivalents	135	66	71	27	15	34	41	148	169	99	168
Cash Flow from Operating Activities	2963	2250	3849	4028	3981	979	5410	4173	2020	2579	4907
Cash Flow from Investing Activities	-1619	12	-2206	-1944	-1915	1321	-2883	-2210	-152	-469	-1802
Cash Flow from Financing Activities	-1415	-2231	-1687	-2096	-2047	-2294	-2420	-1941	-1939	-2041	-2733
Net Cash Inflow / Outflow	-71	32	-44	-12	19	6	107	21	-71	70	372
Closing Cash & Cash Equivalent	66	98	27	15	34	41	148	169	99	168	540

Hero MotoCorp Ratios

#	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Earnings Per Share (Rs)	105.61	119.46	158.25	169.11	185.15	169.46	181.89	148.36	123.77	145.64	198.5
CEPS(Rs)	160.57	145.76	179.29	191.33	209.08	193.27	213.76	177.38	151.18	172.29	226.16
DPS(Rs)	65	60	72	85	95	87	90	105	95	100	140
Book NAV/Share(Rs)	280.41	327.52	442.32	506.13	588.99	643.18	706.93	759.73	788.71	834.1	897.48
Core EBITDA Margin(%)	13	12.04	14.45	14.85	15.83	14.28	13.4	12.54	10.98	11.21	13.39
EBIT Margin(%)	10.6	11.4	14.46	15.11	15.97	14.92	16.3	12.54	11.01	11.3	13.86
Pre Tax Margin(%)	10.56	11.36	14.45	15.09	15.95	14.89	16.22	12.47	10.93	11.24	13.81
PAT Margin (%)	7.77	8.14	10.29	10.94	11.25	10.06	12.89	9.48	8.31	8.45	10.42
Cash Profit Margin (%)	11.81	9.93	11.66	12.38	12.7	11.47	15.15	11.33	10.15	9.99	11.87
ROA(%)	20.37	23.34	26.35	23.04	21.77	18.09	18.61	13.82	10.85	12.46	15.55
ROE(%)	39.77	39.3	41.11	35.66	33.81	27.51	26.94	20.23	15.99	17.95	22.93
ROCE(%)	48.66	53.76	57.75	49.24	47.99	40.76	34.05	26.74	21.15	23.97	30.42
Receivable days	10.66	14.39	15.89	16.82	17.11	23.55	28.65	23.51	29.03	27.03	26.37
Inventory Days	8.78	9.25	8.85	7.86	8.22	10.28	14.01	14.95	15.9	13.54	13.79
Payable days	41.69	46.11	50.56	56.57	54.89	52.26	59.21	69.1	83.03	68.63	73.57
PER(x)	21.52	22.12	18.6	19.06	19.15	15.08	8.76	19.65	18.56	16.12	23.76
Price/Book(x)	8.11	8.07	6.65	6.37	6.02	3.97	2.26	3.84	2.91	2.81	5.26
Dividend Yield(%)	2.86	2.27	2.45	2.64	2.68	3.4	5.65	3.6	4.14	4.26	2.97
EV/Net Sales(x)	1.8	1.91	2.06	2.25	2.19	1.51	1.1	1.88	1.56	1.38	2.5
EV/Core EBITDA(x)	11.46	13.09	12.07	12.58	12.34	9.26	6.94	12.88	11.96	10.52	15.64
Net Sales Growth(%)	6.34	9.14	3.11	0.2	13.09	4.41	-14.31	6.81	-5.05	15.59	10.8
EBIT Growth(%)	13.3	16.01	32.93	5.06	12.56	-4.4	-8.44	-14.65	-16.48	18.88	35.5
PAT Growth(%)	-0.43	13.11	32.47	6.86	9.48	-8.45	7.34	-18.41	-16.57	17.69	36.33
EPS Growth(%)	-0.43	13.11	32.47	6.86	9.48	-8.47	7.34	-18.44	-16.57	17.66	36.29
Debt/Equity(x)	0.05	0	0	0	0	0	0	0	0	0	0
Current Ratio(x)	1.26	1.36	1.78	1.82	2.04	1.96	2.08	1.79	1.99	1.61	1.5
Quick Ratio(x)	1.1	1.15	1.59	1.66	1.85	1.71	1.81	1.55	1.77	1.35	1.28
Interest Cover(x)	243.58	301.16	907.93	770.99	840.07	583.64	208.71	179.59	126.97	196	285.24
Total Debt/Mcap(x)	0.01	0	0	0	0	0	0	0	0	0	0

Hero MotoCorp Shareholding Pattern

#	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoter	34.78	34.77	34.77	34.77	34.77	34.77	34.76	34.76	34.76	34.75
FII	28.84	27.78	27.47	26.99	28.09	26.79	28.33	28.92	29.86	29.58
DII	25.58	26.9	27.31	27.88	27.29	29.15	28.11	27.77	26.89	26.95
Public	10.81	10.54	10.45	10.36	9.85	9.3	8.8	8.55	8.49	8.72
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoter	6.95	6.95	6.95	6.95	6.95	6.95	6.95	6.95	6.95	6.95
FII	5.76	5.55	5.49	5.39	5.61	5.35	5.66	5.78	5.97	5.92
DII	5.11	5.38	5.46	5.57	5.45	5.83	5.62	5.55	5.38	5.39
Public	2.16	2.11	2.09	2.07	1.97	1.86	1.76	1.71	1.7	1.74
Others	0	0	0	0	0	0	0	0	0	0
Total	19.98	19.98	19.98	19.98	19.98	19.99	19.99	19.99	19.99	20

Pros

Company is almost debt free.

Cons

Promoter holding is low: 34.75%.
Debtor days have increased from 68.63 to 73.57days.
Stock is trading at 4.4 times its book value.
The company has delivered a poor profit growth of 3% over past five years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Hero MotoCorp News

IPO

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Hero MotoCorp

Add Watchlist

Hero MotoCorp Research see more...

Overview Inc. Year: 1984Industry: Automobile Two & Three Wheelers

Hero MotoCorp Share Price

Alert Data

Quarterly Price

Peer Comparison

Hero MotoCorp Quarterly Results

Hero MotoCorp Profit & Loss

Growth Rates

Hero MotoCorp Balance Sheet

Hero MotoCorp Cash Flow

Hero MotoCorp Ratios

Hero MotoCorp Shareholding Pattern

Hero MotoCorp News

IPO

Stocx: India's #1 Marketplace to Find Your Winning Stock

Please Login!

Error!