Hero MotoCorp Ltd.

NSE: HEROMOTOCO BSE: 500182 SECTOR: Automobile Two & Three Wheelers  177k   2k   335

2913.45
+96.45 (3.42%)
NSE: Today, 04:13 PM

Price Summary

Today's High

₹ 2929

Today's Low

₹ 2808.05

52 Week High

₹ 2954.45

52 Week Low

₹ 2146.85

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.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

58217.21 Cr.

Enterprise Value

57960.06 Cr.

No. of Shares

19.98 Cr.

P/E

21.31

P/B

3.55

Face Value

₹ 2

Div. Yield

3.37 %

Book Value (TTM)

₹  819.88

CASH

257.15 Cr.

DEBT

0 Cr.

Promoter Holding

34.78 %

EPS (TTM)

₹  136.73

Sales Growth

6.81%

ROE

20.23 %

ROCE

26.74%

Profit Growth

-18.41 %

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

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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 39 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 Year-5.05%
3 Year-4.57%
5 Year0.52%

Profit Growth

1 Year-16.57%
3 Year-9.93%
5 Year-6.04%

ROE%

1 Year15.99%
3 Year21.05%
5 Year24.9%

ROCE %

1 Year21.15%
3 Year27.31%
5 Year34.14%

Debt/Equity

0

Price to Cash Flow

13.95

Interest Cover Ratio

179.588827838828

CFO/PAT (5 Yr. Avg.)

1.08875751092965

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2022 34.78 0
Mar 2022 34.75 0
Dec 2021 34.75 0
Sep 2021 34.76 0
Jun 2021 34.76 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company has been maintaining healthy ROE of 21.0549005401499% over the past 3 years.
  • Company has been maintaining healthy ROCE of 27.3130893729841% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 179.588827838828.
  • The company has an efficient Cash Conversion Cycle of -30.0046154185348 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.08875751092965.

 Limitations

  • The company has shown a poor profit growth of -7.10223729673983% for the Past 3 years.
  • The company has shown a poor revenue growth of -1.50122027155675% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
Net Sales 5487.07 8453.4 7883.27 7421.73 8392.54
Total Expenditure 4972.24 7387.04 6923.26 6594.16 7451.76
Operating Profit 514.83 1066.36 960.01 827.57 940.78
Other Income 138.59 156.93 121.63 139.76 52.99
Interest 6.09 6.54 6.51 6.66 6.98
Depreciation 162.98 163.87 164.44 158.46 162.99
Exceptional Items 0 0 0 0 0
Profit Before Tax 484.35 1052.88 910.69 802.21 823.8
Tax 118.91 258.48 224.56 175.16 199.28
Profit After Tax 365.44 794.4 686.13 627.05 624.52
Adjusted EPS (Rs) 18.29 39.76 34.34 31.38 31.26

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

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 32230.49 33650.54 28836.09 30800.62 29245.47
Total Expenditure 26950.3 28720.45 24878.13 26781.38 25876.7
Operating Profit 5280.19 4930.09 3957.96 4019.24 3368.77
Other Income 525.82 691.25 778.34 579.85 556.91
Interest 6.25 8.6 22.02 21.84 25.8
Depreciation 555.6 602.01 817.96 676.87 649.75
Exceptional Items 0 0 677.37 0 0
Profit Before Tax 5244.16 5010.73 4573.69 3900.38 3250.13
Tax 1546.8 1625.86 940.43 936.18 777.11
Net Profit 3697.36 3384.87 3633.26 2964.2 2473.02
Adjusted EPS (Rs.) 185.15 169.46 181.89 148.36 123.77

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 39.94 39.95 39.95 39.96 39.96
Total Reserves 11728.94 12817.17 14096.45 15158.47 15742.96
Borrowings 0 0 0 0 0
Other N/C liabilities 2073.55 2245.16 1710.29 1770.24 1654.8
Current liabilities 4343.32 4130.36 3976.06 6110.22 5072.38
Total Liabilities 18185.75 19232.64 19822.75 23078.89 22510.1
Assets
Net Block 4654.54 4618.58 6117.08 5988.41 5806.48
Capital WIP 203.78 360.67 160.25 177.86 87.32
Intangible WIP 114.61 181.19 181.02 258.73 370.88
Investments 1934.08 2801.51 3528.17 4308.18 4814.66
Loans & Advances 2183.65 2906.7 1542.62 1386.74 1305.91
Other N/C Assets 246.91 248.35 5.05 6.18 9.89
Current Assets 8848.18 8115.64 8288.56 10952.79 10114.96
Total Assets 18185.75 19232.64 19822.75 23078.89 22510.1
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 5244.16 5010.73 4573.69 3900.38 3250.13
Adjustment 70.92 -61.37 177.97 178.19 221.44
Changes in Assets & Liabilities 160.06 -1918.86 1202.74 1070.03 -682.49
Tax Paid -1494.28 -2051.45 -544.3 -975.9 -768.81
Operating Cash Flow 3980.86 979.05 5410.1 4172.7 2020.27
Investing Cash Flow -1915.22 1321.23 -2883.1 -2209.9 -151.94
Financing Cash Flow -2046.66 -2293.98 -2419.77 -1941.49 -1938.87
Net Cash Flow 18.98 6.3 107.23 21.31 -70.54

Corporate Actions

Investors Details

PARTICULARS Jun 2021% Sep 2021% Dec 2021% Mar 2022% Jun 2022%
Promoters 34.76 34.76 34.75 34.75 34.78
bahadur chand inve... - 20.00 20.00 20.00 20.00
bahadur chand inve... 20.00 - - - -
pawan munjal, renu... - 13.98 - 13.98 13.98
pawan munjal, renu... - - 13.98 - -
pawan munjal, renu... 13.98 - - - -
pawan munjal, renu... - - - - -
hero investcorp pr... 0.44 0.44 0.44 0.44 0.44
renu munjal 0.06 0.06 0.06 0.06 0.06
suman kant munjal 0.04 0.04 0.04 0.04 0.04
renuka munjal - 0.02 0.02 0.02 0.02
pawan munjal - 0.02 0.02 0.02 0.02
pawan munjal ... 0.02 - - 0.02 0.02
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
aniesha munjal 0.02 0.02 0.02 0.02 0.02
pawan munjal (as k... - - 0.02 - -
pawan munjal (as ... - 0.02 - - -
renuka munjal 0.02 - - - -
pawan kant munjal 0.02 - - - -
abhimanyu munjal 0.01 0.01 0.01 0.01 0.01
rahul munjal 0.01 0.01 0.01 0.01 0.01
suman kant munjal ... - - 0.01 - -
suman kant munjal ... 0.01 0.01 - 0.01 0.01
PARTICULARS Jun 2021% Sep 2021% Dec 2021% Mar 2022% Jun 2022%
Investors 65.24 65.24 65.25 65.25 65.22
life insurance cor... 5.24 5.54 5.54 5.54 5.54
qualified institut... - - - - 1.35
oppenheimer intern... 1.99 - - - -
sbi equity hybrid ... - 2.99 2.97 3.12 -
life insurance cor... - 1.45 1.45 1.45 1.46
sbi-etf nifty 50 2.48 - - - 2.59
wgi emerging marke... 1.42 1.62 1.83 2.33 2.55
government pension... 1.39 1.51 1.43 1.43 1.41
sbi magnum equity ... - - - - -
sbi - etf sensex - - - - -
lazard emerging ma... 1.49 1.31 1.30 1.14 1.03
sbi blue chip fund - - - - -
nps trust- a/c lic... - - - 1.10 1.24
icici prudential l... 1.33 1.20 - - -
qualified institu... - - 1.41 - -
reliance capital t... - - - - 1.28
life insurance cor... 1.21 - - - -
lic of india money... - - - - -
lic of india healt... - - - - -
kotak standard mul... - - - 1.01 -
uti - nifty exchan... - - - 1.09 1.02
hermes investment ... - - - - 1.04
uti - marketshare ... - - 1.04 - -
uti-mastershare un... - 1.03 - - -
reliance capital t... - - 1.02 - -
hermes investment ... - - - 1.01 -
nps trust - a/c li... - - 1.01 - -
iepf 0.50 0.50 0.50 0.51 0.50
beneficial holding... - - 0.01 0.01 0.01

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Hero MotoCorp reports over 2-fold jump in Q1 consolidated net profit16 Aug 2022, 10:59AM Hero MotoCorp - Quaterly Results12 Aug 2022, 5:39PM Hero MotoCorp - Quaterly Results12 Aug 2022, 5:39PM Hero MotoCorp - Quaterly Results12 Aug 2022, 5:39PM Hero MotoCorp commences deliveries of Harley-Davidson’s Nightster in India12 Aug 2022, 2:14PM Hero Motocorp informs about allotment of equity shares12 Aug 2022, 12:49PM Hero MotoCorp launches new campaign ‘KhudKiSunLe’ for Destini 125 Xtec8 Aug 2022, 2:23PM Hero Motocorp informs about press release 8 Aug 2022, 1:54PM Hero MotoCorp introduces ‘Wheels of Trust’ in phygital avatar4 Aug 2022, 10:56AM Hero MotoCorp reports marginal fall in July sales2 Aug 2022, 12:29PM Hero MotoCorp selects Accenture for Supply Chain Transformation28 Jul 2022, 9:14AM Hero MotoCorp rolls out iconic Super Splendor in Canvas Black Edition26 Jul 2022, 9:14AM Hero MotoCorp informs about press release25 Jul 2022, 5:12PM Hero MotoCorp-backed electric two-wheeler maker unveils '450X Gen 3'20 Jul 2022, 2:11PM Hero MotoCorp launches rally edition of Xpulse 200 4V19 Jul 2022, 11:19AM Hero Motocorp informs about press release16 Jul 2022, 3:34PM Hero MotoCorp eyeing leadership position in electric two-wheeler segment globally16 Jul 2022, 9:18AM Hero MotoCorp informs about loss of share certificate2 Jul 2022, 1:01PM Hero MotoCorp strengthens partnership with Uttarakhand Government2 Jul 2022, 12:50PM Hero MotoCorp sells 13.90 lakh units in Q1FY232 Jul 2022, 9:43AM Hero MotoCorp gets nod from Tribunal to sell upcoming EVs under 'Hero' trademark1 Jul 2022, 4:10PM Hero MotoCorp introduces new Passion ‘XTec’24 Jun 2022, 4:58PM Hero MotoCorp informs about press release24 Jun 2022, 3:55PM Hero MotoCorp to make upward revision in prices of motorcycles, scooters23 Jun 2022, 5:26PM Hero MotoCorp introduces three Euro-5 compliant products in Turkiye21 Jun 2022, 5:23PM Hero MotoCorp informs about analyst meet20 Jun 2022, 4:48PM Hero MotoCorp informs about newspaper advertisement17 Jun 2022, 12:21PM Hero MotoCorp backed EV maker Ather Energy to set up new manufacturing facility in India15 Jun 2022, 2:13PM Hero Motocorp informs about investor meet 11 Jun 2022, 12:09PM Hero MotoCorp strengthens partnership with Uttarakhand Government 10 Jun 2022, 11:53AM Hero MotoCorp launches new community-riding platform ‘XCLAN’9 Jun 2022, 3:57PM Hero MotoCorp, ACMA collaborate for first-ever EV Technology Expo9 Jun 2022, 3:42PM Hero Motocorp informs about newspaper publication4 Jun 2022, 3:03PM Hero MotoCorp reports sequential growth of 16% in sales during May2 Jun 2022, 9:28AM Hero MotoCorp launches new edition of iconic motorcycle 'Splendor'19 May 2022, 5:55PM Hero Motocorp informs about newspaper publication18 May 2022, 3:13PM Hero Motocorp reports 30% fall in Q4 consolidated net profit4 May 2022, 12:21PM Hero MotoCorp - Quaterly Results3 May 2022, 9:30PM Hero MotoCorp - Quaterly Results3 May 2022, 9:30PM Hero MotoCorp reports 12.4% growth in April with sale of 418622 units2 May 2022, 9:36AM Tata Motors, Hero MotoCorp and Cochin Shipyard to see some action today 2 May 2022, 8:51AM Hero Motocorp partners with Directorate of Indian Army Veterans28 Apr 2022, 9:57AM Hero MotoCorp, ASDC enter into partnership for ‘Project Jeevika’22 Apr 2022, 4:23PM Hero MotoCorp informs about press release2 Apr 2022, 11:49AM Hero MotoCorp reports 22% fall in total sales in March2 Apr 2022, 10:38AM Hero MotoCorp launches new ‘Hero Destini 125 'XTEC' scooter 1 Apr 2022, 10:48AM Hero MotoCorp launches sixth edition of Hero CoLabs 30 Mar 2022, 5:44PM Hero MotoCorp to hike ex-showroom prices of motorcycles, scooters30 Mar 2022, 12:28PM Income Tax dept detects Rs 1,000 crore bogus expense claims by Hero Motocorp29 Mar 2022, 3:30PM Hero Motocorp informs about trading window closure29 Mar 2022, 2:39PM

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 poor sales growth of 6.81274749801377 % and in the latest quarter sales was Rs 7883.27 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 24.0487054561354 times for Hero MotoCorp . It is managing its inventory efficiently .
     
  • The company reported Profit loss of -18.4148670890605 % over the year, where the latest year profit is Rs 2964.2 Cr compared to the previous year of Rs 3633.26 Cr. The new permits by governments and increasing demand will lead to an increase in profits in the coming year.
     
  • The operating profit of the company in the latest quarter is Rs 960.009999999999 Cr. It helps in measuring the company’s operating performance which is used to make financing decisions.
     
  • Hero MotoCorp has a healthy ROE of 20.2332054053962 %. 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 105 Rs per share. It tells us that a company likes to share profits with its shareholders. The dividend yield is low at 3.2994 %.
     
  • The share of promoter in the company is low at 34.75 %, 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 21.3085978211978 compared to the 5 year average PE of 16.3413273672588 .
Brief about Hero MotoCorp

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