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Hero MotoCorp share price

Hero MotoCorp Ltd.

NSE: HEROMOTOCO BSE: 500182 SECTOR: Automobile Two & Three Wheelers  286k   2k   381

4498.30
+104.95 (2.39%)
NSE: 25 Apr 04:05 PM

Price Summary

Today's High

₹ 4515

Today's Low

₹ 4366.9

52 Week High

₹ 4949.05

52 Week Low

₹ 2466

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

89930.8 Cr.

Enterprise Value

89585.3 Cr.

No. of Shares

19.99 Cr.

P/E

23.6

P/B

4.74

Face Value

₹ 2

Div. Yield

2.22 %

Book Value (TTM)

₹  948.64

CASH

345.5 Cr.

DEBT

0 Cr.

Promoter Holding

34.76 %

EPS (TTM)

₹  190.62

Sales Growth

15.59%

ROE

17.95 %

ROCE

23.97%

Profit Growth

17.69 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

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Brands

These are the brands of Hero MotoCorp Ltd.

Vida splendor GLAMOUR HF Deluxe Achiever 150 XTREME KARIZMA PASSION PRO DESTINI 125 Duet MAESTRO Pleasure XPULSE Hunk DASH

Index Presence

The company is present in 41 Indices.

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year15.59%
3 Year5.44%
5 Year0.96%

Profit Growth

1 Year17.69%
3 Year-7.13%
5 Year-4.67%

ROE%

1 Year17.95%
3 Year18.06%
5 Year21.72%

ROCE %

1 Year23.97%
3 Year23.95%
5 Year29.34%

Debt/Equity

0

Price to Cash Flow

34.87

Interest Cover Ratio

195.995470558631

CFO/PAT (5 Yr. Avg.)

0.98667636778249

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 34.76 0
Dec 2023 34.76 0
Sep 2023 34.77 0
Jun 2023 34.77 0
Mar 2023 34.77 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company has been maintaining healthy ROCE of 23.9544558528332% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 195.995470558631.
  • The company has an efficient Cash Conversion Cycle of -28.0606133889241 days.

 Limitations

  • The company has shown a poor profit growth of -7.12595642146994% for the Past 3 years.
  • The company has shown a poor revenue growth of 5.44291638230703% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 8030.98 8306.78 8767.27 9445.42 9723.73
Total Expenditure 7106.84 7223.78 7561.02 8117.13 8361.71
Operating Profit 924.14 1083 1206.25 1328.29 1362.02
Other Income 183.2 236.92 222.17 248.3 242.04
Interest 4.9 4.68 4.66 4.76 4.52
Depreciation 162 168.58 168.97 174.88 182.51
Exceptional Items 0 0 -159.99 0 0
Profit Before Tax 940.44 1146.66 1094.8 1396.95 1417.03
Tax 229.38 287.73 270.08 343.14 343.65
Profit After Tax 711.06 858.93 824.72 1053.81 1073.38
Adjusted EPS (Rs) 35.58 42.98 41.27 52.73 53.7

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 33650.54 28836.09 30800.62 29245.47 33805.65
Total Expenditure 28846.8 25059.42 26878.35 25978.84 29943.76
Operating Profit 4803.74 3776.67 3922.27 3266.63 3861.89
Other Income 691.25 778.34 579.85 556.91 565.16
Interest 8.6 22.02 21.84 25.8 19.87
Depreciation 475.66 636.67 579.9 547.61 532.62
Exceptional Items 0 677.37 0 0 0
Profit Before Tax 5010.73 4573.69 3900.38 3250.13 3874.56
Tax 1625.86 940.43 936.18 777.11 963.98
Net Profit 3384.87 3633.26 2964.2 2473.02 2910.58
Adjusted EPS (Rs.) 169.46 181.89 148.36 123.77 145.64

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 39.95 39.95 39.96 39.96 39.97
Total Reserves 12817.17 14096.45 15158.47 15742.96 16665.12
Borrowings 0 0 0 0 0
Other N/C liabilities 2245.16 1710.29 1770.24 1654.8 1872.82
Current liabilities 4130.36 3976.06 6110.22 5072.38 5623.98
Total Liabilities 19232.64 19822.75 23078.89 22510.1 24201.89
Assets
Net Block 4618.58 6117.08 5988.41 5806.48 5761.42
Capital WIP 360.67 160.25 177.86 87.32 128.55
Intangible WIP 181.19 181.02 258.73 370.88 335.24
Investments 2801.51 3528.17 4308.18 4814.66 7372.48
Loans & Advances 2906.7 1542.62 1386.74 1305.91 1389.34
Other N/C Assets 248.35 5.05 6.18 9.89 178.07
Current Assets 8115.64 8288.56 10952.79 10114.96 9036.79
Total Assets 19232.64 19822.75 23078.89 22510.1 24201.89
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 5010.73 4573.69 3900.38 3250.13 3874.56
Adjustment -61.37 177.97 178.19 221.44 137.23
Changes in Assets & Liabilities -1918.86 1202.74 1070.03 -682.49 -583.16
Tax Paid -2051.45 -544.3 -975.9 -768.81 -849.55
Operating Cash Flow 979.05 5410.1 4172.7 2020.27 2579.08
Investing Cash Flow 1321.23 -2883.1 -2209.9 -151.94 -468.81
Financing Cash Flow -2293.98 -2419.77 -1941.49 -1938.87 -2040.58
Net Cash Flow 6.3 107.23 21.31 -70.54 69.69

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 34.77 34.77 34.77 34.76 34.76
abhimanyu munjal 0.01 0.01 0.01 0.01 0.01
aniesha munjal 0.02 0.02 0.02 0.02 0.02
bahadur chand investments... 20.03 20.03 20.03 - 20.02
hero investcorp private l... 0.44 0.44 0.44 0.44 0.44
pawan munjal 0.02 0.02 0.02 0.02 0.02
pawan munjal (as karta o... 0.02 0.02 0.02 - 0.02
pawan munjal family trust... 0.10 0.10 0.10 0.10 0.10
pawan munjal, renu munjal... - 13.97 13.97 13.97 13.97
rahul munjal 0.01 0.01 0.01 0.01 0.01
renu munjal 0.06 0.06 0.06 0.06 0.06
renuka munjal - 0.02 - - 0.02
suman kant munjal 0.05 0.05 0.05 0.05 0.05
suman kant munjal (as kar... 0.01 0.01 0.01 0.01 0.01
sunil kant munjal 0.02 0.02 0.02 0.02 0.02
vasudha dinodia 0.02 0.02 0.02 0.02 0.02
bahadur chand investments... - - - 20.03 -
pawan munjal (as karta of... - - - 0.02 -
renuka munjal 0.02 - 0.02 0.02 -
pawan munjal, renu munjal... 13.97 - - - -
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 65.23 65.23 65.23 65.24 65.24
government pension fund g... 2.48 2.41 2.46 2.55 2.25
icici prudential bluechip... 4.32 3.32 4.00 4.03 3.61
icici prudential life ins... - 1.10 1.11 - 1.00
investor education and pr... - 0.49 - 0.49 0.49
kotak flexicap fund 1.27 1.79 1.79 2.39 2.82
life insurance corporatio... 11.23 11.22 11.21 8.88 8.49
nippon life india trustee... - - - 1.42 1.32
nps trust- a/c kotak pens... - - - - 1.17
sbi nifty 50 etf 2.06 2.14 2.10 2.05 1.94
uti nifty index fund - - - 1.02 1.17
wgi emerging markets fund... 2.34 2.35 2.44 2.45 2.42
investor education and pr... 0.49 - 0.49 - -
nippon life india trustee... - - 1.32 - -
government of singapore 1.18 - - - -
parag parikh flexi cap fu... 2.14 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Hero MotoCorp, CG Motors inaugurate product assembly facility in Nepal 22 Apr 2024, 9:48AM Hero MotoCorp reports 6% fall in total sales in March2 Apr 2024, 9:29AM Hero Motocorp informs about press release27 Mar 2024, 5:00PM Hero MotoCorp launches VIDA Advantage package for VIDA V1 Pro electric scooter21 Mar 2024, 3:51PM Hero MotoCorp reports 19% rise in total sales in February1 Mar 2024, 5:59PM Hero MotoCorp informs about press release14 Feb 2024, 10:02AM Hero MotoCorp to open bookings for flagship motorcycle ‘Mavrick 440’ from February 1414 Feb 2024, 9:41AM Hero MotoCorp reports 51% rise in Q3 consolidated net profit12 Feb 2024, 2:10PM Hero MotoCorp gets nod to invest Rs 600 crore for setting up Global Parts Center 2.0 10 Feb 2024, 2:58PM Hero MotoCorp - Quaterly Results9 Feb 2024, 6:04PM Hero MotoCorp - Quaterly Results9 Feb 2024, 6:04PM Hero MotoCorp - Quaterly Results9 Feb 2024, 6:04PM Hero MotoCorp’s vehicle sales rise 22% in January 2 Feb 2024, 9:05AM Hero MotoCorp informs about analyst presentation23 Jan 2024, 3:16PM Hero MotoCorp to set up assembly plant in Nepal 23 Jan 2024, 2:08PM Hero MotoCorp reports marginal fall in total sales in December3 Jan 2024, 10:14AM Hero Motocorp informs about loss of share certificates13 Dec 2023, 2:37PM Hero MotoCorp informs about newspaper advertisement7 Dec 2023, 3:02PM Hero MotoCorp informs about press release6 Dec 2023, 2:56PM Hero MotoCorp partners with Ather Energy6 Dec 2023, 2:07PM Hero MotoCorp reports 26% rise in total sales in November2 Dec 2023, 2:32PM Hero MotoCorp informs about newspaper advertisement1 Dec 2023, 3:40PM Hero MotoCorp reports highest-ever sales during 32-day festive period16 Nov 2023, 2:06PM Hero MotoCorp to foray into European market with electric scooter range next year8 Nov 2023, 10:22AM Hero MotoCorp reports 48% rise in Q2 consolidated net profit2 Nov 2023, 2:38PM Hero MotoCorp - Quaterly Results1 Nov 2023, 5:02PM Hero MotoCorp - Quaterly Results1 Nov 2023, 5:02PM Hero MotoCorp - Quaterly Results1 Nov 2023, 5:02PM Hero MotoCorp makes investment of Rs 15 crore in subsidiary company26 Oct 2023, 10:42AM Hero Motocorp informs about press release21 Oct 2023, 1:11PM Hero MotoCorp inaugurates first premium dealership ‘Hero Premia’ in Calicut20 Oct 2023, 4:45PM Hero MotoCorp informs about press release17 Oct 2023, 10:07AM Hero MotoCorp commences deliveries of Harley-Davidson X440 across country from October 1517 Oct 2023, 9:39AM Hero MotoCorp receives 13,688 bookings for newly launched flagship motorcycle ‘Karizma XMR’5 Oct 2023, 9:26AM Hero MotoCorp to revise prices of select motorcycles, scooters 30 Sep 2023, 12:59PM Hero MotoCorp to increase price of Karizma XMR25 Sep 2023, 2:59PM Hero Motocorp informs about analyst meet18 Sep 2023, 5:19PM Hero Motocorp informs about loss of share certificate12 Sep 2023, 5:14PM Hero MotoCorp gets nod to invest up to Rs 550 crore in Ather Energy5 Sep 2023, 9:27AM Hero MotoCorp reports 6% rise in total sales in August2 Sep 2023, 4:06PM Hero MotoCorp launches Karizma XMR29 Aug 2023, 2:51PM Hero MotoCorp introduces ‘New Glamour’ in refreshed avatar24 Aug 2023, 5:56PM Hero MotoCorp eyeing at enhancing market share across segments21 Aug 2023, 10:38AM Hero Motocorp informs about conference call18 Aug 2023, 1:17PM Hero MotoCorp reports 20% rise in Q1 consolidated net profit11 Aug 2023, 10:45AM Hero MotoCorp - Quaterly Results10 Aug 2023, 6:27PM Hero MotoCorp - Quaterly Results10 Aug 2023, 6:27PM Hero MotoCorp informs about press release8 Aug 2023, 9:58AM Hero MotoCorp receives 25,597 bookings for Harley-Davidson X4408 Aug 2023, 9:23AM Hero MotoCorp reports 12% fall in total sales in July2 Aug 2023, 12:13PM

Hero MotoCorp Stock Price Analysis and Quick Research Report. Is Hero MotoCorp an attractive stock to invest in?

 

The Indian Auto Industry comes in the top 5 largest auto industries of the world. India is also a prominent auto exporter and has strong export growth expectations for the near future. The support from the government is providing the auto companies with a boost needed in their development. But will it sustain?
We can look into more details and dig a little deeper into the analysis of the stock of this sector. Let’s look at how Hero MotoCorp is performing and if it is the right time to buy the stock of Hero MotoCorp with detailed analysis.

  • The mainstream of revenue for Auto Sector is their sales, Hero MotoCorp has reported decent sales growth of 15.592773855233 % and in the latest quarter sales was Rs 9723.73 Cr. To judge whether the company’s inventory is being sold or not and the sales picture is true, inventory turnover ratio plays a major role, which is 26.9537144958032 times for Hero MotoCorp . It is managing its inventory efficiently .
     
  • Hero MotoCorp reported Profit growth of 17.6933465964691 % over the year, where the latest year profit is Rs 2910.58 Cr compared to the previous year of Rs 2473.02 Cr. The new permits by governments and increasing demand will lead to an increase in profits in the coming year.
     
  • The operating profit of Hero MotoCorp in the latest quarter is Rs 1362.02 Cr. It helps in measuring the company’s operating performance which is used to make financing decisions.
     
  • Hero MotoCorp has a average ROE of 17.9510687237822 %. The ROE is an important financial parameter because Auto companies work with high equity investments. Also, they have to take huge debt to incur the research and manufacturing work so their Debt to Equity ratio should be evaluated. Hero MotoCorp has a low Debt to Equity ratio of 0.
     
  • Hero MotoCorp pays a dividend of 100 Rs per share. It tells us that a company likes to share profits with its shareholders. The dividend yield is low at 2.2222 %.
     
  • The share of promoter in Hero MotoCorp is low at 34.76 %, where the pledging is 0 %.
     
  • What the market is willing to pay for the company for its earnings can be determined by PE multiple. Current PE of Hero MotoCorp is 23.598679233603 compared to the 5 year average PE of 15.6331562638968 .
     
  • Share Price: - The current share price of Hero MotoCorp is Rs 4498.3. One can use valuation calculators of ticker to know if Hero MotoCorp share price is undervalued or overvalued.
Last Updated on:
Brief about Hero MotoCorp

Hero MotoCorp Ltd. Financials: Check Share Price, Balance Sheet, Annual Report and Quarterly Results for Company Analysis

Hero MotoCorp Ltd. is the world's largest manufacturer of two-wheeler vehicles and has been a dominant player in the Indian market for over three decades. In this article, we will provide a comprehensive analysis of Hero MotoCorp Ltd. stock from a long-term investor's perspective. We will cover various topics such as share price, balance sheet, annual report, dividend, quarterly result, stock price, price chart, news, concall, transcripts, investor presentations, promoters, and shareholders.

Hero MotoCorp Ltd. Share Price:

Hero MotoCorp Ltd.'s share price is an important indicator of investor sentiment towards the company. The share price is influenced by various factors such as the company's financial performance, global economic conditions, and market sentiment. Long-term investors can use our pre-built screening tools to analyze Hero MotoCorp Ltd.'s share price and identify any trends or patterns. The company's share price has shown a stable trend over the past few years, reflecting the company's strong fundamentals.

Hero MotoCorp Ltd. Balance Sheet:

Hero MotoCorp Ltd.'s balance sheet provides crucial information about its financial health. The company's assets include fixed assets, investments, and other assets, while liabilities include loans, borrowings, and other liabilities. Equity includes share capital, reserves, and surplus. Long-term investors can use our pre-built screening tools to analyze Hero MotoCorp Ltd.'s balance sheet and identify any red flags. The company's balance sheet has shown a stable trend over the past few years, reflecting the company's strong financial position.

Hero MotoCorp Ltd. Annual Report:

Hero MotoCorp Ltd. releases an annual report every year, which provides detailed information about the company's financial performance, strategic initiatives, and future plans. The annual report includes a letter from the Chairman, financial statements, and management discussion and analysis. Long-term investors can download Hero MotoCorp Ltd.'s annual report from our website and use it to make informed investment decisions. The annual report provides valuable insights into the company's operations and financial performance.

Hero MotoCorp Ltd. Dividend:

Hero MotoCorp Ltd. has a consistent dividend payout history. The company has been paying dividends regularly, reflecting the company's strong financial position. Long-term investors should consider this when evaluating Hero MotoCorp Ltd.'s stock. Our pre-built screening tools can be used to analyze the company's dividend history and identify any trends or patterns.

Hero MotoCorp Ltd. Quarterly Results:

Hero MotoCorp Ltd. releases its quarterly results every three months. The quarterly results provide information about the company's revenue, earnings, and expenses. Long-term investors can use our pre-built screening tools to analyze Hero MotoCorp Ltd.'s quarterly results and identify any trends or patterns. The quarterly results are an important indicator of the company's financial health and performance.

Hero MotoCorp Ltd. Stock Price:

The stock price of Hero MotoCorp Ltd. is affected by various factors such as the company's financial performance, global economic conditions, and market sentiment. Long-term investors can use our pre-built screening tools to track Hero MotoCorp Ltd.'s stock price and identify potential buying opportunities. The stock price of Hero MotoCorp Ltd. has shown a stable trend over the past few years, reflecting the company's strong fundamentals.

Hero MotoCorp Ltd. Price Chart:

A price chart provides a visual representation of a company's stock price over a period of time. Long-term investors can use our pre-built screening tools to analyze Hero MotoCorp Ltd.'s price chart and identify any trends or patterns. The price chart shows that the stock price of Hero MotoCorp Ltd. has shown a stable trend over the past few years, reflecting the company's strong fundamentals.

Hero MotoCorp Ltd. News:

Keeping up to date with the latest news about Hero MotoCorp Ltd. is important for investors. Our website provides the latest news about Hero MotoCorp Ltd. from various sources such as financial news websites and social media. Long-term investors can use this information to make informed investment decisions.

Hero MotoCorp Ltd. Concall:

Hero MotoCorp Ltd. holds conference calls with analysts and investors to discuss its financial performance and future plans. Long-term investors can listen to Hero MotoCorp Ltd.'s concall and use the information provided to make informed investment decisions. Our website provides information about upcoming concalls and links to listen to past concalls.

Hero MotoCorp Ltd. Transcripts:

Transcripts of Hero MotoCorp Ltd.'s concalls are available on our website. Long-term investors can download the transcripts and use them to analyze the company's financial performance and future plans. The transcripts provide valuable insights into the company's operations and financial performance.

Hero MotoCorp Ltd. Investor Presentations:

Hero MotoCorp Ltd. provides investor presentations on its website. These presentations provide information about the company's financial performance, strategic initiatives, and future plans. Long-term investors can download Hero MotoCorp Ltd.'s investor presentations from our website and use them to make informed investment decisions. The investor presentations provide valuable insights into the company's operations and financial performance.

Hero MotoCorp Ltd. Promoters:

Promoters are individuals or entities that have a significant stake in a company. Hero MotoCorp Ltd.'s promoters include the Munjal family. Long-term investors can use our pre-built screening tools to analyze Hero MotoCorp Ltd.'s promoter holdings and identify any potential conflicts of interest. The promoter holdings of Hero MotoCorp Ltd. are relatively stable, which is a positive sign for long-term investors.

Hero MotoCorp Ltd. Shareholders:

Hero MotoCorp Ltd. has a large number of shareholders, including institutional investors and individual investors. Long-term investors can use our pre-built screening tools to analyze Hero MotoCorp Ltd.'s shareholder base and identify any potential risks or opportunities. The shareholder base of Hero MotoCorp Ltd. is diverse, which is a positive sign for long-term investors.

Hero MotoCorp Ltd. Premium Features:

Our website provides premium features tools such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis. These tools can help long-term investors make better investment decisions by providing more detailed insights into the company's financial performance and valuation.

Hero MotoCorp Limited ROCE

The Return on Capital Employed (ROCE) of Hero MotoCorp Limited measures the profit that a company generates from the capital invested by shareholders and debt providers. It is an essential indicator of the company's profitability and efficiency in utilizing its resources. The ROCE can be found in the financials table or ratio section on this page. It provides valuable insights into the company's ability to generate returns on its investment, making it a critical metric for investors and analysts.

Hero MotoCorp Limited EBITDA

EBITDA, which stands for Earnings Before Interest, Taxes, Depreciation, and Amortization, is a key financial metric used to evaluate the operational performance of Hero MotoCorp Limited. By analyzing the EBITDA, investors and analysts can assess the company's profitability from its core operations, independent of non-operating factors such as interest, taxes, and depreciation. This information can be found in the financials table or ratio section on this page, enabling users to gauge the company's operating efficiency and profitability.

Hero MotoCorp Limited DPS

DPS, or Dividends Per Share, is an important measure for investors seeking to understand the dividend distribution policy of Hero MotoCorp Limited. This metric indicates the dividends paid by the company to its shareholders for each share held. By analyzing the DPS, investors can assess the company's commitment to sharing profits with its shareholders. The DPS information for Hero MotoCorp Limited can be found in the financials table or ratio section on this page, allowing users to evaluate the company's dividend distribution history and performance.

Hero MotoCorp Limited EPS

EPS, or Earnings Per Share, is a key ratio used by investors and analysts to assess the company's profitability on a per-share basis. It is calculated by dividing the net earnings of Hero MotoCorp Limited by the total number of outstanding shares. The EPS metric provides valuable insights into the company's profitability and is widely used to compare the financial performance of different companies in the same industry. The EPS data for Hero MotoCorp Limited can be found in the financials table or ratio section on this page, enabling users to evaluate the company's earnings performance and potential.

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