Hero MotoCorp, 500182, HEROMOTOCO Share Price, Rating, Research, Analysis, Fundamental & Historical Data

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

1,07,012.30
21.24
2

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

1,06,894.98
3.08%
5.27

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

3.70
5.74
6.21

EBITDA CAGR (%)

10 Years
5 Years
3 Years

2.75
7.07
7.76

PAT CAGR (%)

10 Years
5 Years
3 Years

3.49
8.11
15.93

P:E (Median)

8 Years
5 Years
3 Years

19.78
20.99
20.94

P:BV (Average)

8 Years
5 Years
3 Years

4.30
4.02
4.27

EV:EBITDA (Average)

8 Years
5 Years
3 Years

12.44
13.41
13.54

Earnings Forecasts:

(Updated: 06-06-2025)

Description 2024 2025 2026 2027
Adj EPS 187.36 218.96 247.32 264.55
P/E Ratio 28.55 24.43 21.63 20.22
Revenue 37789 40923 44577 48367
EBITDA 5362 5946 6450 7052
Net Income 3745 4378 4947 5292
ROA 15 16.1 19.4 19.4
P/B Ratio 5.95 5.55 4.99 4.59
ROE 21.8 23.69 24.19 24.31
FCFF 4421 3891 4439 4991
FCFF Yield 5.47 4.81 5.49 6.17
Net Debt -4368 -6510 -13449 -15289
BVPS 899.66 963.6 1070.9 1165.98

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Jun 25 Jun 24 Var% Mar 25 Mar 24 Var% Dec 24 Dec 23 Var% Sep 24 Sep 23 Var%
Net Sales 9,578.86 10,143.73 -5.57% 9,938.65 9,519.30 4.41% 10,210.78 9,723.73 5.01% 10,463.21 9,445.42 10.78%
Expenses 8,197.15 8,683.98 -5.61% 8,523.10 8,160.15 4.45% 8,734.30 8,361.71 4.46% 8,947.32 8,117.13 10.23%
EBITDA 1,381.71 1,459.75 -5.35% 1,415.55 1,359.15 4.15% 1,476.48 1,362.02 8.40% 1,515.89 1,328.29 14.12%
EBIDTM 14.42% 14.39% 14.24% 14.28% 14.46% 14.01% 14.49% 14.06%
Other Income 303.67 231.71 31.06% 223.70 180.04 24.25% 317.51 242.04 31.18% 283.00 248.30 13.98%
Interest 5.61 4.81 16.63% 4.73 4.56 3.73% 5.45 4.52 20.58% 4.93 4.76 3.57%
Depreciation 192.77 193.20 -0.22% 192.07 185.05 3.79% 196.90 182.51 7.88% 193.69 174.88 10.76%
PBT 1,487.00 1,493.45 -0.43% 1,442.45 1,349.58 6.88% 1,591.64 1,417.03 12.32% 1,600.27 1,396.95 14.55%
Tax 361.30 370.82 -2.57% 361.51 333.53 8.39% 388.80 343.65 13.14% 396.73 343.14 15.62%
PAT 1,125.70 1,122.63 0.27% 1,080.94 1,016.05 6.39% 1,202.84 1,073.38 12.06% 1,203.54 1,053.81 14.21%
PATM 11.75% 11.07% 10.88% 10.67% 11.78% 11.04% 11.50% 11.16%
EPS 56.29 56.13 0.29% 54.05 50.80 6.40% 60.14 53.67 12.06% 60.18 52.69 14.22%

Description Jun 25 Jun 24 Var% Mar 25 Mar 24 Var% Dec 24 Dec 23 Var% Sep 24 Sep 23 Var%
Net Sales 9,727.75 10,210.79 -4.73% 9,969.81 9,616.68 3.67% 10,259.89 9,787.86 4.82% 10,482.93 9,533.07 9.96%
Expenses 8,314.85 8,749.51 -4.97% 8,529.06 8,223.11 3.72% 8,752.17 8,402.98 4.16% 8,946.84 8,173.52 9.46%
EBITDA 1,412.90 1,461.28 -3.31% 1,440.75 1,393.57 3.39% 1,507.72 1,384.88 8.87% 1,536.09 1,359.55 12.99%
EBIDTM 14.52% 14.31% 14.45% 14.49% 14.70% 14.15% 14.65% 14.26%
Other Income 309.94 224.81 37.87% 274.19 177.33 54.62% 306.42 243.57 25.80% 238.66 208.10 14.69%
Interest 20.66 18.85 9.60% 16.93 7.64 121.60% 16.55 22.74 -27.22% 18.32 24.98 -26.66%
Depreciation 205.61 205.44 0.08% 204.14 196.61 3.83% 208.91 193.92 7.73% 206.10 187.09 10.16%
PBT 1,496.57 1,461.80 2.38% 1,493.87 1,366.65 9.31% 1,588.68 1,411.79 12.53% 1,550.33 1,355.58 14.37%
Tax 420.36 375.45 11.96% 396.16 348.62 13.64% 388.56 364.96 6.47% 397.58 353.06 12.61%
PAT 1,076.21 1,086.35 -0.93% 1,097.71 1,018.03 7.83% 1,200.12 1,046.83 14.64% 1,152.75 1,002.52 14.99%
PATM 11.06% 10.64% 11.01% 10.59% 11.70% 10.70% 11.00% 10.52%
EPS 85.26 52.31 62.99% 58.07 46.77 24.16% 55.38 54.70 1.24% 53.19 50.35 5.64%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Net Sales 40,191.50 40,756.37 37,455.72 33,805.65 29,245.47 30,800.62 28,836.09 33,650.54 32,230.49 28,500.46 28,442.70 Net Sales Growth 3.50% 8.81% 10.80% 15.59% -5.05% 6.81% -14.31% 4.41% 13.09% 0.20% Cost Of Goods Sold 26,591.94 26,966.85 25,382.03 23,839.93 20,804.64 21,762.33 19,697.41 23,317.72 21,834.64 19,029.91 19,314.90 Gross Profit 13,599.56 13,789.52 12,073.69 9,965.72 8,440.83 9,038.29 9,138.68 10,332.82 10,395.85 9,470.55 9,127.80 GP Margin 33.84% 33.83% 32.23% 29.48% 28.86% 29.34% 31.69% 30.71% 32.25% 33.23% 32.09% Total Expenditure 34,401.87 35,107.82 32,358.37 29,943.76 25,978.84 26,781.38 24,878.13 28,720.45 26,950.30 23,865.65 23,987.73 Power & Fuel Cost - 127.85 118.00 112.96 108.53 112.91 132.22 157.48 138.77 112.62 122.13 % Of Sales - 0.31% 0.32% 0.33% 0.37% 0.37% 0.46% 0.47% 0.43% 0.40% 0.43% Employee Cost - 2,280.07 2,087.44 1,904.50 1,710.53 1,898.72 1,841.70 1,730.24 1,540.13 1,396.01 1,315.93 % Of Sales - 5.59% 5.57% 5.63% 5.85% 6.16% 6.39% 5.14% 4.78% 4.90% 4.63% Manufacturing Exp. - 1,037.47 911.27 762.33 650.35 214.73 230.95 289.97 278.16 261.33 314.45 % Of Sales - 2.55% 2.43% 2.26% 2.22% 0.70% 0.80% 0.86% 0.86% 0.92% 1.11% General & Admin Exp. - 119.35 125.41 132.71 128.56 118.80 87.92 110.64 157.51 302.09 304.92 % Of Sales - 0.29% 0.33% 0.39% 0.44% 0.39% 0.30% 0.33% 0.49% 1.06% 1.07% Selling & Distn. Exp. - 2,294.22 2,015.88 1,825.14 1,660.92 1,548.63 1,667.29 2,000.38 1,963.75 1,725.86 1,591.98 % Of Sales - 5.63% 5.38% 5.40% 5.68% 5.03% 5.78% 5.94% 6.09% 6.06% 5.60% Miscellaneous Exp. - 2,282.01 1,718.34 1,366.19 915.31 1,125.26 1,220.64 1,114.02 1,037.34 1,037.83 1,591.98 % Of Sales - 5.60% 4.59% 4.04% 3.13% 3.65% 4.23% 3.31% 3.22% 3.64% 3.60% EBITDA 5,789.63 5,648.55 5,097.35 3,861.89 3,266.63 4,019.24 3,957.96 4,930.09 5,280.19 4,634.81 4,454.97 EBITDA Margin 14.41% 13.86% 13.61% 11.42% 11.17% 13.05% 13.73% 14.65% 16.38% 16.26% 15.66% Other Income 1,127.88 1,097.12 892.55 565.16 556.91 579.85 778.34 691.25 525.82 522.43 422.43 Interest 20.72 19.92 18.50 19.87 25.80 21.84 22.02 8.60 6.25 6.05 4.89 Depreciation 775.43 597.94 553.05 532.62 547.61 676.87 817.96 602.01 555.60 492.73 437.64 PBT 6,121.36 6,127.81 5,418.35 3,874.56 3,250.13 3,900.38 3,896.32 5,010.73 5,244.16 4,658.46 4,434.87 Tax 1,508.34 1,517.86 1,290.40 963.98 777.11 936.18 940.43 1,625.86 1,546.80 1,281.34 1,274.68 Tax Rate 24.64% 24.77% 24.54% 24.88% 23.91% 24.00% 20.56% 32.45% 29.50% 27.51% 28.74% PAT 4,613.02 4,609.95 3,967.96 2,910.58 2,473.02 2,964.20 3,633.26 3,384.87 3,697.36 3,377.12 3,160.19 PAT before Minority Interest 4,613.02 4,609.95 3,967.96 2,910.58 2,473.02 2,964.20 3,633.26 3,384.87 3,697.36 3,377.12 3,160.19 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 11.48% 11.31% 10.59% 8.61% 8.46% 9.62% 12.60% 10.06% 11.47% 11.85% 11.11% PAT Growth 8.14% 16.18% 36.33% 17.69% -16.57% -18.41% 7.34% -8.45% 9.48% 6.86% EPS 230.65 230.50 198.40 145.53 123.65 148.21 181.66 169.24 184.87 168.86 158.01

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Net Sales 40,440.38 40,923.42 37,788.62 34,158.38 29,551.28 30,959.19 29,253.97 33,970.82 32,458.37 28,610.43 28,457.12 Net Sales Growth 3.30% 8.30% 10.63% 15.59% -4.55% 5.83% -13.89% 4.66% 13.45% 0.54% Cost Of Goods Sold 26,488.54 26,806.11 25,460.70 23,925.84 20,898.27 21,743.61 19,830.95 23,444.42 21,885.82 19,108.76 19,313.16 Gross Profit 13,951.84 14,117.31 12,327.92 10,232.54 8,653.01 9,215.58 9,423.02 10,526.40 10,572.55 9,501.67 9,143.96 GP Margin 34.50% 34.50% 32.62% 29.96% 29.28% 29.77% 32.21% 30.99% 32.57% 33.21% 32.13% Total Expenditure 34,542.92 35,155.50 32,609.56 30,188.95 26,208.65 26,859.68 25,193.05 28,952.39 27,133.32 24,034.46 24,059.42 Power & Fuel Cost - 131.13 120.18 114.56 109.72 113.89 132.96 158.12 139.84 112.84 122.20 % Of Sales - 0.32% 0.32% 0.34% 0.37% 0.37% 0.45% 0.47% 0.43% 0.39% 0.43% Employee Cost - 2,364.93 2,154.09 1,961.08 1,768.10 1,951.02 1,889.32 1,778.03 1,583.71 1,432.49 1,339.46 % Of Sales - 5.78% 5.70% 5.74% 5.98% 6.30% 6.46% 5.23% 4.88% 5.01% 4.71% Manufacturing Exp. - 1,059.14 928.08 779.16 661.07 227.15 237.53 290.72 278.91 262.34 315.90 % Of Sales - 2.59% 2.46% 2.28% 2.24% 0.73% 0.81% 0.86% 0.86% 0.92% 1.11% General & Admin Exp. - 128.47 134.10 139.16 133.22 123.49 91.51 113.04 161.35 306.45 308.15 % Of Sales - 0.31% 0.35% 0.41% 0.45% 0.40% 0.31% 0.33% 0.50% 1.07% 1.08% Selling & Distn. Exp. - 2,353.36 2,059.57 1,862.01 1,698.74 1,566.60 1,690.74 2,030.98 1,981.43 1,741.64 1,599.81 % Of Sales - 5.75% 5.45% 5.45% 5.75% 5.06% 5.78% 5.98% 6.10% 6.09% 5.62% Miscellaneous Exp. - 2,312.36 1,752.84 1,407.14 939.53 1,133.92 1,320.04 1,137.08 1,102.26 1,069.94 1,599.81 % Of Sales - 5.65% 4.64% 4.12% 3.18% 3.66% 4.51% 3.35% 3.40% 3.74% 3.73% EBITDA 5,897.46 5,767.92 5,179.06 3,969.43 3,342.63 4,099.51 4,060.92 5,018.43 5,325.05 4,575.97 4,397.70 EBITDA Margin 14.58% 14.09% 13.71% 11.62% 11.31% 13.24% 13.88% 14.77% 16.41% 15.99% 15.45% Other Income 1,129.21 1,044.08 866.75 569.01 555.01 557.90 730.56 686.73 523.17 521.95 412.83 Interest 72.46 70.65 76.37 104.88 53.10 46.41 46.64 37.18 30.80 27.28 14.61 Depreciation 824.76 646.67 599.00 573.05 587.38 715.12 845.76 624.44 574.98 502.25 443.25 PBT 6,129.45 6,094.68 5,370.44 3,860.51 3,257.16 3,895.88 3,899.08 5,043.54 5,242.44 4,568.39 4,352.67 Tax 1,602.66 1,557.75 1,348.04 1,063.72 729.06 913.27 951.67 1,637.95 1,569.93 1,339.10 1,274.71 Tax Rate 26.15% 25.56% 25.87% 27.55% 22.38% 23.44% 20.79% 32.48% 29.95% 29.31% 29.29% PAT 4,526.79 4,378.48 3,744.83 2,809.96 2,316.88 2,964.31 3,603.48 3,383.33 3,670.74 3,267.26 3,107.65 PAT before Minority Interest 4,515.42 4,375.81 3,742.16 2,799.90 2,329.05 2,982.61 3,624.78 3,405.59 3,672.51 3,229.29 3,077.96 Minority Interest -11.37 2.67 2.67 10.06 -12.17 -18.30 -21.30 -22.26 -1.77 37.97 29.69 PAT Margin 11.19% 10.70% 9.91% 8.23% 7.84% 9.57% 12.32% 9.96% 11.31% 11.42% 10.92% PAT Growth 8.98% 16.92% 33.27% 21.28% -21.84% -17.74% 6.51% -7.83% 12.35% 5.14% EPS 226.34 218.92 187.24 140.50 115.84 148.22 180.17 169.17 183.54 163.36 155.38

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Shareholder's Funds 19,806.85 17,986.18 16,705.09 15,782.92 15,198.43 14,136.40 12,857.12 11,768.88 10,111.29 8,834.41 Share Capital 40.00 39.98 39.97 39.96 39.96 39.95 39.95 39.94 39.94 39.94 Total Reserves 19,722.99 17,900.57 16,629.49 15,718.51 15,139.43 14,081.01 12,807.58 11,722.20 10,067.45 8,793.18 Non-Current Liabilities 2,705.74 2,294.54 1,872.82 1,654.80 1,770.24 1,710.29 2,245.16 2,073.55 1,571.72 1,251.01 Secured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Provisions 1,928.13 1,570.09 1,136.87 974.15 1,090.30 1,195.79 1,708.65 1,561.89 1,157.38 1,028.48 Current Liabilities 6,846.55 6,544.26 5,623.98 5,072.38 6,110.22 3,976.06 4,130.36 4,343.32 4,093.33 3,448.32 Trade Payables 5,566.14 5,528.15 4,704.46 4,260.34 5,204.61 3,030.51 3,355.28 3,318.81 3,247.27 2,650.56 Other Current Liabilities 1,063.66 861.97 743.83 651.62 745.24 798.99 716.05 964.72 807.05 768.10 Short Term Borrowings 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Short Term Provisions 216.75 154.14 175.69 160.42 160.37 146.56 59.03 59.79 39.01 29.66 Total Liabilities 29,359.14 26,824.98 24,201.89 22,510.10 23,078.89 19,822.75 19,232.64 18,185.75 15,776.34 13,533.74 Net Block 5,901.40 5,834.03 5,761.42 5,806.48 5,988.41 6,117.08 4,618.58 4,654.54 4,395.59 3,584.35 Gross Block 16,538.25 15,786.18 15,194.19 14,665.72 14,324.48 13,865.39 11,628.23 11,134.41 10,377.22 9,126.33 Accumulated Depreciation 10,636.85 9,952.15 9,432.77 8,859.24 8,336.07 7,748.31 7,009.65 6,479.87 5,981.63 5,541.98 Non Current Assets 16,522.54 17,028.96 15,165.10 12,395.14 12,126.10 11,534.19 11,117.00 9,337.57 8,323.16 7,382.52 Capital Work in Progress 492.48 480.51 463.79 458.20 436.59 341.27 541.86 318.39 465.05 605.40 Non Current Investment 8,298.97 8,811.58 7,372.48 4,814.66 4,308.18 3,528.17 2,801.51 1,934.08 1,349.00 1,111.91 Long Term Loans & Adv. 1,823.68 1,744.43 1,389.34 1,305.91 1,386.74 1,542.62 2,906.70 2,183.65 1,865.14 1,828.56 Other Non Current Assets 6.01 158.41 178.07 9.89 6.18 5.05 248.35 246.91 248.38 252.30 Current Assets 12,836.60 9,796.02 9,036.79 10,114.96 10,952.79 8,288.56 8,115.64 8,848.18 7,453.18 6,151.22 Current Investments 6,610.60 4,274.52 3,637.88 5,837.66 6,191.49 4,694.48 3,167.10 5,591.12 4,540.85 3,469.11 Inventories 1,457.61 1,443.76 1,434.09 1,122.65 1,469.55 1,091.97 1,072.37 823.58 656.31 672.98 Sundry Debtors 3,674.43 2,703.44 2,798.21 2,304.27 2,426.76 1,603.14 2,821.57 1,520.18 1,561.87 1,282.80 Cash & Bank 353.15 608.93 345.50 175.12 257.15 241.86 136.46 141.34 136.73 131.36 Other Current Assets 740.81 367.29 617.57 559.02 607.84 657.11 918.14 771.96 557.42 594.97 Short Term Loans & Adv. 509.50 398.08 203.54 116.24 186.21 216.28 192.61 149.42 235.98 473.30 Net Current Assets 5,990.05 3,251.76 3,412.81 5,042.58 4,842.57 4,312.50 3,985.28 4,504.86 3,359.85 2,702.90 Total Assets 29,359.14 26,824.98 24,201.89 22,510.10 23,078.89 19,822.75 19,232.64 18,185.75 15,776.34 13,533.74

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Shareholder's Funds 19,272.04 17,698.92 16,655.57 15,846.65 15,416.42 14,406.28 13,120.41 11,971.46 10,315.51 8,834.11 Share Capital 40.00 39.98 39.97 39.96 39.96 39.95 39.95 39.94 39.94 39.94 Total Reserves 19,188.18 17,613.31 16,579.97 15,782.24 15,357.42 14,350.89 13,070.87 11,924.78 10,271.67 8,792.88 Non-Current Liabilities 2,975.80 2,548.54 2,102.49 1,802.66 1,956.26 1,947.07 2,457.90 2,301.69 1,834.66 1,396.46 Secured Loans 0.00 0.00 0.20 0.00 0.12 0.24 0.33 10.21 68.03 15.31 Unsecured Loans 0.00 0.00 19.89 36.17 45.06 43.78 124.51 139.42 139.87 130.67 Long Term Provisions 1,960.84 1,601.15 1,180.65 1,017.73 1,099.88 1,222.85 1,720.18 1,570.17 1,157.86 1,028.71 Current Liabilities 7,475.98 7,048.37 6,012.62 5,517.63 6,504.53 4,279.07 4,409.18 4,481.36 4,176.69 3,571.52 Trade Payables 5,699.66 5,622.90 4,760.14 4,343.09 5,264.18 3,127.62 3,438.24 3,375.26 3,266.20 2,675.34 Other Current Liabilities 1,098.07 922.49 793.25 698.74 779.37 825.88 727.55 970.44 827.84 782.32 Short Term Borrowings 456.76 343.54 266.55 296.65 285.16 165.88 183.68 75.37 40.08 84.06 Short Term Provisions 221.49 159.44 192.68 179.15 175.82 159.69 59.71 60.29 42.57 29.80 Total Liabilities 29,855.87 27,431.48 24,895.74 23,314.99 24,020.40 20,773.02 20,103.60 18,847.72 16,394.24 13,856.72 Net Block 6,282.98 6,232.20 6,159.20 6,193.54 6,380.39 6,472.93 4,952.36 4,960.96 4,598.85 3,783.71 Gross Block 17,186.55 16,414.76 15,766.25 15,199.96 14,824.01 14,288.61 12,020.04 11,478.10 10,597.49 9,335.15 Accumulated Depreciation 10,903.57 10,182.56 9,607.05 9,006.42 8,443.62 7,815.68 7,067.68 6,517.14 5,998.64 5,551.44 Non Current Assets 16,421.98 17,116.03 15,460.41 12,742.77 12,649.92 12,123.82 11,690.39 9,845.49 8,823.73 7,553.39 Capital Work in Progress 487.18 484.06 453.71 517.22 495.13 391.33 572.82 355.48 580.96 653.37 Non Current Investment 7,748.27 8,446.16 7,219.08 4,657.56 4,356.28 3,649.52 2,939.95 2,078.12 1,522.31 1,029.51 Long Term Loans & Adv. 1,897.52 1,794.49 1,450.33 1,364.54 1,411.91 1,604.98 2,943.07 2,204.02 1,873.23 1,834.55 Other Non Current Assets 6.03 159.12 178.09 9.91 6.21 5.06 282.19 246.91 248.38 252.25 Current Assets 13,433.89 10,315.45 9,435.33 10,572.22 11,370.48 8,649.20 8,413.21 9,002.23 7,570.51 6,303.33 Current Investments 6,635.99 4,305.08 3,671.85 5,870.31 6,225.34 4,709.12 3,173.88 5,591.12 4,544.06 3,471.57 Inventories 2,013.34 1,755.90 1,756.39 1,472.41 1,789.27 1,282.32 1,249.53 962.68 708.58 761.99 Sundry Debtors 3,381.29 2,630.22 2,719.47 2,158.49 2,274.68 1,511.91 2,745.11 1,426.97 1,551.75 1,282.07 Cash & Bank 574.08 696.47 422.80 299.74 396.24 435.41 303.90 237.57 195.39 179.09 Other Current Assets 829.19 509.58 628.44 572.77 684.95 710.44 940.79 783.89 570.73 608.61 Short Term Loans & Adv. 565.69 418.20 236.38 198.50 254.17 258.49 214.23 153.59 247.37 486.50 Net Current Assets 5,957.91 3,267.08 3,422.71 5,054.59 4,865.95 4,370.13 4,004.03 4,520.87 3,393.82 2,731.81 Total Assets 29,855.87 27,431.48 24,895.74 23,314.99 24,020.40 20,773.02 20,103.60 18,847.72 16,394.24 13,856.72

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Cash From Operating Activity 4,181.90 4,906.53 2,579.08 2,020.27 4,172.70 5,410.10 979.05 3,980.86 4,028.02 3,849.14 PBT 6,127.81 5,258.36 3,874.56 3,250.13 3,900.38 4,573.69 5,010.73 5,244.16 3,377.12 3,160.19 Adjustment -78.24 -112.31 137.23 221.44 178.19 177.97 -61.37 70.92 1,438.10 1,414.94 Changes in Working Capital -333.61 1,074.68 -583.16 -682.49 1,070.03 1,202.74 -1,918.86 160.06 399.28 377.24 Cash after chg. in Working capital 5,715.96 6,220.73 3,428.63 2,789.08 5,148.60 5,954.40 3,030.50 5,475.14 5,214.50 4,952.37 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -1,534.06 -1,314.20 -849.55 -768.81 -975.90 -544.30 -2,051.45 -1,494.28 -1,186.48 -1,103.23 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -1,585.78 -1,801.88 -468.81 -151.94 -2,209.90 -2,883.10 1,321.23 -1,915.22 -1,943.94 -2,206.19 Net Fixed Assets -764.04 -608.71 -534.06 -362.85 -554.41 -2,036.57 -717.29 -610.53 -1,110.54 -906.52 Net Investments -1,823.47 -2,075.74 -358.04 -152.65 -2,277.02 -2,254.04 1,556.59 -1,635.35 -1,308.83 -1,426.91 Others 1,001.73 882.57 423.29 363.56 621.53 1,407.51 481.93 330.66 475.43 127.24 Cash from Financing Activity -2,846.93 -2,733.13 -2,040.58 -1,938.87 -1,941.49 -2,419.77 -2,293.98 -2,046.66 -2,095.63 -1,686.69 Net Cash Inflow / Outflow -250.81 371.52 69.69 -70.54 21.31 107.23 6.30 18.98 -11.55 -43.74 Opening Cash & Equivalents 539.89 168.37 98.68 169.22 147.91 40.68 34.38 15.40 26.95 70.69 Closing Cash & Equivalent 289.08 539.89 168.37 98.68 169.22 147.91 40.68 34.38 15.40 26.95

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Cash From Operating Activity 4,297.39 4,923.07 2,613.84 2,103.70 4,110.45 5,518.13 1,032.27 4,017.21 4,007.19 3,722.37 PBT 5,933.56 5,090.20 3,863.62 3,058.11 3,895.88 4,611.08 5,104.30 5,242.44 4,568.39 4,352.67 Adjustment 171.68 154.87 226.97 498.14 257.63 264.37 -55.81 90.31 185.85 150.17 Changes in Working Capital -242.70 1,007.17 -620.19 -668.47 937.72 1,195.46 -1,945.76 197.46 439.97 322.97 Cash after chg. in Working capital 5,862.54 6,252.24 3,470.40 2,887.78 5,091.23 6,070.91 3,102.73 5,530.21 5,194.21 4,825.81 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -1,565.15 -1,329.17 -856.56 -784.08 -980.78 -552.78 -2,070.46 -1,513.00 -1,187.02 -1,103.44 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -1,703.36 -1,827.87 -421.33 -221.97 -2,289.32 -2,819.14 1,297.64 -1,858.21 -1,971.95 -2,300.18 Net Fixed Assets -764.04 -608.71 -534.06 -362.85 -554.41 -2,036.57 -717.29 -610.53 -1,110.54 -906.52 Net Investments -1,823.47 -2,075.74 -358.04 -152.65 -2,277.02 -2,254.04 1,556.59 -1,635.35 -1,308.83 -1,426.91 Others 884.15 856.58 470.77 293.53 542.11 1,471.47 458.34 387.67 447.42 33.25 Cash from Financing Activity -2,815.39 -2,716.59 -2,147.23 -1,975.33 -1,851.82 -2,601.80 -2,252.40 -2,102.45 -2,035.86 -1,474.73 Net Cash Inflow / Outflow -221.36 378.61 45.28 -93.60 -30.69 97.19 77.51 56.55 -0.62 -52.54 Opening Cash & Equivalents 604.91 226.30 181.02 274.62 305.31 208.12 130.61 74.06 74.68 127.22 Closing Cash & Equivalent 383.55 604.91 226.30 181.02 274.62 305.31 208.12 130.61 74.06 74.68

Financial Ratios

Consolidated /

Standalone

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Book Value (Rs.) 988.15 897.48 834.10 788.71 759.73 706.93 643.18 588.99 506.13 442.32 ROA 16.41% 15.55% 12.46% 10.85% 13.82% 18.61% 18.09% 21.77% 23.04% 26.35% ROE 24.45% 22.93% 17.95% 15.99% 20.23% 26.94% 27.51% 33.81% 35.66% 41.11% ROCE 32.53% 30.42% 23.97% 21.15% 26.74% 34.05% 40.76% 47.99% 49.24% 57.75% Fixed Asset Turnover 2.57 2.46 2.31 2.05 2.22 2.26 2.96 3.06 3.17 3.56 Receivable days 28.03 26.37 27.03 29.03 23.51 28.00 23.55 17.11 16.82 15.89 Inventory Days 12.75 13.79 13.54 15.90 14.95 13.70 10.28 8.22 7.86 8.85 Payable days 75.08 73.57 68.63 83.03 69.06 47.39 43.22 45.44 46.79 42.17 Cash Conversion Cycle -34.30 -33.41 -28.06 -38.10 -30.60 -5.69 -9.39 -20.11 -22.12 -17.44 Total Debt/Equity 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Interest Cover 308.62 285.24 196.00 126.97 179.59 208.71 583.64 840.07 770.99 907.93

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Book Value (Rs.) 961.41 883.11 831.62 791.90 770.64 720.44 656.36 599.13 516.36 442.30 ROA 15.28% 14.30% 11.62% 9.84% 13.32% 17.74% 17.49% 20.84% 21.35% 25.19% ROE 23.73% 21.84% 17.26% 14.92% 20.03% 26.36% 27.16% 32.97% 33.74% 40.05% ROCE 31.78% 29.50% 23.93% 19.47% 25.96% 32.96% 39.64% 46.31% 46.79% 55.61% Fixed Asset Turnover 2.48 2.39 2.25 2.00 2.16 2.22 2.89 3.00 3.11 3.51 Receivable days 26.31 25.41 25.57 26.90 21.98 26.56 22.41 16.42 16.69 15.77 Inventory Days 16.50 16.68 16.93 19.79 17.83 15.79 11.88 9.21 8.66 9.65 Payable days 77.09 74.42 69.44 83.90 70.43 48.25 43.72 45.58 46.92 42.33 Cash Conversion Cycle -34.28 -32.33 -26.94 -37.21 -30.63 -5.90 -9.43 -19.94 -21.56 -16.92 Total Debt/Equity 0.02 0.02 0.02 0.02 0.02 0.01 0.02 0.02 0.03 0.03 Interest Cover 84.99 67.65 37.84 58.59 84.94 99.12 136.65 171.21 168.46 298.92

Top Investors:

life insurance corporation of india

icici prudential bluechip fund

kotak flexicap fund

government pension fund global

nps trust- a/c hdfc pension fund management limited

wgi emerging markets fund, llc

sbi nifty 50 etf

investor education and protection fund (iepf)

Annual Reports:

News Update:

Hero MotoCorp reports 8% rise in total sales in August
2nd Sep 2025, 10:00 AM

Of the total sales, the company has sold 501,523 units of Motorcycles in the month of August 2025
Read More
Hero MotoCorp launches all-new Glamour X 125
20th Aug 2025, 09:26 AM

The Glamour X 125 will be available in two variants - Drum at Rs 89,999 and Disc Rs 99,999 (ex-showroom Delhi) across Hero MotoCorp dealerships nationwide
Read More
Hero MotoCorp signs MoU with DPIIT
12th Aug 2025, 16:23 PM

DPIIT and Hero MotoCorp will jointly support startups working in areas related to the future of mobility, clean technology and deep technology
Read More
Hero MotoCorp reports 63% jump in Q1 consolidated net profit
7th Aug 2025, 12:16 PM

The consolidated total income of the company decreased by 3.81% at Rs 10037.69 crore for Q1FY26
Read More
Hero MotoCorp - Quarterly Results
6th Aug 2025, 17:48 PM

Read More
Hero MotoCorp reports 21% rise in total sales in July 2025
2nd Aug 2025, 11:05 AM

In the domestic business, the company sold 4,12,397 units in July 2025
Read More
Hero MotoCorp launches HF Deluxe Pro
23rd Jul 2025, 11:30 AM

The HF Deluxe Pro is available at Hero MotoCorp dealerships across the country at a price of Rs 73,550 (Ex-showroom Delhi)
Read More
Hero MotoCorp to enter Germany, France, Spain, UK in Q2FY26
15th Jul 2025, 10:41 AM

The company is ‘Investing in the future -- India and beyond’
Read More
Hero MotoCorp reports 10% rise in total sales in June 2025
2nd Jul 2025, 11:52 AM

In the domestic business the company sold 525,136 units in June 2025
Read More
Hero MotoCorp to introduce VIDA VX2 with pioneering ‘Battery-as-a-Service’ model
19th Jun 2025, 09:48 AM

VIDA aims to democratize electric mobility while offering unmatched convenience, flexibility, and peace of mind
Read More
Hero MotoCorp reports marginal rise in total sales in May 2025
2nd Jun 2025, 11:28 AM

The company has exported 18,704 units during the same month
Read More

Hero MotoCorp Ltd.

Automobile Two & Three Wheelers

BSE: 500182 | NSE: HEROMOTOCO

Stock Summary

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Consolidated Figures in Rs. Crores /

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Cash Flow

Consolidated Figures in Rs. Crores /

Financial Ratios

Consolidated /

Top Investors:

Annual Reports:

News Update:

Hero MotoCorp Ltd.

Automobile Two & Three Wheelers

BSE: 500182 | NSE: HEROMOTOCO

Stock Summary

Shareholding Pattern

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Consolidated Figures in Rs. Crores /

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Cash Flow

Consolidated Figures in Rs. Crores /

Financial Ratios

Consolidated /

Top Investors:

Annual Reports:

News Update: