Nifty
:
19664.70
Sensex
:
65945.47
-9.85 (-0.05%)
-78.22 (-0.12%)
Nifty
Sensex
:
:
19664.70
65945.47
-9.85 (-0.05%)
-78.22 (-0.12%)

Hero MotoCorp Ltd.

Automobile Two & Three Wheelers

Rating :
53/99

BSE: 500182 | NSE: HEROMOTOCO

NSE BSE
3034.35
26-Sep-2023
  • Open
  • High
  • Low
  • Previous Close
  •  2975.00
  •  3039.00
  •  2970.05
  •  2974.70
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  372568
  •  11235.35
  •  3244.00
  •  2246.00

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 60,654.24
  • 20.70
  • 2
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 60,544.68
  • 3.30%
  • 3.48

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 34.77%
  • 0.81%
  • 7.51%
  • FII
  • DII
  • Others
  • 28.1%
  • 26.60%
  • 2.21%

Chart

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

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 3.06
  • 0.11
  • 3.33

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 1.15
  • -4.58
  • -0.64

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 2.92
  • -3.65
  • -1.77

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 19.87
  • 18.61
  • 20.50

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 5.03
  • 3.64
  • 3.51

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 12.25
  • 11.55
  • 12.81

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Jun 23
Jun 22
Var%
Mar 23
Mar 22
Var%
Dec 22
Dec 21
Var%
Sep 22
Sep 21
Var%
Net Sales
8,851.01
8,447.54
4.78%
8,434.28
7,496.55
12.51%
8,118.33
8,013.08
1.31%
9,158.23
8,538.85
7.25%
Expenses
7,639.38
7,506.17
1.77%
7,310.08
6,640.60
10.08%
7,176.60
7,029.98
2.09%
8,071.76
7,452.84
8.30%
EBITDA
1,211.63
941.37
28.71%
1,124.20
855.95
31.34%
941.73
983.10
-4.21%
1,086.47
1,086.01
0.04%
EBIDTM
13.69%
11.14%
13.33%
11.42%
11.60%
12.27%
11.86%
12.72%
Other Income
225.54
55.53
306.16%
237.54
131.44
80.72%
181.95
120.22
51.35%
93.99
157.95
-40.49%
Interest
21.01
13.92
50.93%
19.11
12.97
47.34%
24.19
12.70
90.47%
47.66
13.97
241.16%
Depreciation
179.74
172.84
3.99%
179.75
168.38
6.75%
171.97
174.39
-1.39%
172.83
173.90
-0.62%
PBT
1,076.43
810.14
32.87%
1,162.88
806.04
44.27%
927.52
916.23
1.23%
959.97
1,056.09
-9.10%
Tax
281.40
203.44
38.32%
317.37
165.17
92.15%
289.31
231.74
24.84%
253.60
245.36
3.36%
PAT
795.03
606.70
31.04%
845.51
640.87
31.93%
638.21
684.49
-6.76%
706.37
810.73
-12.87%
PATM
8.98%
7.18%
10.02%
8.55%
7.86%
8.54%
7.71%
9.49%
EPS
35.53
29.55
20.24%
40.29
30.60
31.67%
36.33
35.22
3.15%
34.46
37.32
-7.66%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Net Sales
34,561.85
34,158.38
29,551.28
30,959.19
29,253.97
33,970.82
32,458.37
28,610.43
28,457.12
27,538.03
25,275.47
Net Sales Growth
6.36%
15.59%
-4.55%
5.83%
-13.89%
4.66%
13.45%
0.54%
3.34%
8.95%
 
Cost Of Goods Sold
23,967.29
23,925.84
20,898.27
21,743.61
19,830.95
23,444.42
21,885.82
19,108.76
19,313.16
19,715.30
18,229.89
Gross Profit
10,594.56
10,232.54
8,653.01
9,215.58
9,423.02
10,526.40
10,572.55
9,501.67
9,143.96
7,822.73
7,045.58
GP Margin
30.65%
29.96%
29.28%
29.77%
32.21%
30.99%
32.57%
33.21%
32.13%
28.41%
27.88%
Total Expenditure
30,197.82
30,188.95
26,208.65
26,859.68
25,193.05
28,952.39
27,133.32
24,034.46
24,059.42
24,041.30
21,736.37
Power & Fuel Cost
-
114.56
109.72
113.89
132.96
158.12
139.84
112.84
122.20
158.49
137.46
% Of Sales
-
0.34%
0.37%
0.37%
0.45%
0.47%
0.43%
0.39%
0.43%
0.58%
0.54%
Employee Cost
-
1,961.08
1,768.10
1,951.02
1,889.32
1,778.03
1,583.71
1,432.49
1,339.46
1,178.72
930.35
% Of Sales
-
5.74%
5.98%
6.30%
6.46%
5.23%
4.88%
5.01%
4.71%
4.28%
3.68%
Manufacturing Exp.
-
779.16
661.07
227.15
237.53
290.72
278.91
262.34
315.90
390.31
371.07
% Of Sales
-
2.28%
2.24%
0.73%
0.81%
0.86%
0.86%
0.92%
1.11%
1.42%
1.47%
General & Admin Exp.
-
139.16
133.22
123.49
91.51
113.04
161.35
306.45
308.15
263.15
230.97
% Of Sales
-
0.41%
0.45%
0.40%
0.31%
0.33%
0.50%
1.07%
1.08%
0.96%
0.91%
Selling & Distn. Exp.
-
1,862.01
1,698.74
1,566.60
1,690.74
2,030.98
1,981.43
1,741.64
1,599.81
1,534.39
1,222.86
% Of Sales
-
5.45%
5.75%
5.06%
5.78%
5.98%
6.10%
6.09%
5.62%
5.57%
4.84%
Miscellaneous Exp.
-
1,407.14
939.53
1,133.92
1,320.04
1,137.08
1,102.26
1,069.94
1,060.74
800.94
1,222.86
% Of Sales
-
4.12%
3.18%
3.66%
4.51%
3.35%
3.40%
3.74%
3.73%
2.91%
2.43%
EBITDA
4,364.03
3,969.43
3,342.63
4,099.51
4,060.92
5,018.43
5,325.05
4,575.97
4,397.70
3,496.73
3,539.10
EBITDA Margin
12.63%
11.62%
11.31%
13.24%
13.88%
14.77%
16.41%
15.99%
15.45%
12.70%
14.00%
Other Income
739.02
569.01
555.01
557.90
730.56
686.73
523.17
521.95
412.83
492.11
444.19
Interest
111.97
104.88
53.10
46.41
46.64
37.18
30.80
27.28
14.61
11.70
11.82
Depreciation
704.29
573.05
587.38
715.12
845.76
624.44
574.98
502.25
443.25
540.45
1,107.37
PBT
4,126.80
3,860.51
3,257.16
3,895.88
3,899.08
5,043.54
5,242.44
4,568.39
4,352.67
3,436.69
2,864.10
Tax
1,141.68
1,063.72
729.06
913.27
951.67
1,637.95
1,569.93
1,339.10
1,274.71
943.45
758.17
Tax Rate
27.67%
27.55%
22.38%
23.44%
20.79%
32.48%
29.95%
29.31%
29.29%
28.66%
26.47%
PAT
2,985.12
2,809.96
2,316.88
2,964.31
3,603.48
3,383.33
3,670.74
3,267.26
3,107.65
2,349.55
2,106.28
PAT before Minority Interest
2,999.95
2,799.90
2,329.05
2,982.61
3,624.78
3,405.59
3,672.51
3,229.29
3,077.96
2,348.51
2,105.93
Minority Interest
14.83
10.06
-12.17
-18.30
-21.30
-22.26
-1.77
37.97
29.69
1.04
0.35
PAT Margin
8.64%
8.23%
7.84%
9.57%
12.32%
9.96%
11.31%
11.42%
10.92%
8.53%
8.33%
PAT Growth
8.84%
21.28%
-21.84%
-17.74%
6.51%
-7.83%
12.35%
5.14%
32.27%
11.55%
 
EPS
149.41
140.64
115.96
148.36
180.35
169.34
183.72
163.53
155.54
117.60
105.42

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Shareholder's Funds
16,655.57
15,846.65
15,416.42
14,406.28
13,120.41
11,971.46
10,315.51
8,834.11
6,540.00
5,622.64
Share Capital
39.97
39.96
39.96
39.95
39.95
39.94
39.94
39.94
39.94
39.94
Total Reserves
16,579.97
15,782.24
15,357.42
14,350.89
13,070.87
11,924.78
10,271.67
8,792.88
6,499.39
5,582.70
Non-Current Liabilities
2,102.49
1,802.66
1,956.26
1,947.07
2,457.90
2,301.69
1,834.66
1,396.46
36.04
-31.51
Secured Loans
0.20
0.00
0.12
0.24
0.33
10.21
68.03
15.31
0.00
0.00
Unsecured Loans
19.89
36.17
45.06
43.78
124.51
139.42
139.87
130.67
12.00
0.00
Long Term Provisions
1,180.65
1,017.73
1,099.88
1,222.85
1,720.18
1,570.17
1,157.86
1,028.71
66.25
50.02
Current Liabilities
6,012.62
5,517.63
6,504.53
4,279.07
4,409.18
4,481.36
4,176.69
3,571.52
3,986.23
4,423.62
Trade Payables
4,760.14
4,343.09
5,264.18
3,127.62
3,438.24
3,375.26
3,266.20
2,675.34
2,713.09
2,291.01
Other Current Liabilities
793.25
698.74
779.37
825.88
727.55
970.44
827.84
782.32
450.74
588.19
Short Term Borrowings
266.55
296.65
285.16
165.88
183.68
75.37
40.08
84.06
88.00
0.00
Short Term Provisions
192.68
179.15
175.82
159.69
59.71
60.29
42.57
29.80
734.40
1,544.42
Total Liabilities
24,895.74
23,314.99
24,020.40
20,773.02
20,103.60
18,847.72
16,394.24
13,856.72
10,580.81
10,015.60
Net Block
6,159.20
6,193.54
6,380.39
6,472.93
4,952.36
4,960.96
4,598.85
3,783.71
2,952.28
2,247.29
Gross Block
15,766.25
15,199.96
14,824.01
14,288.61
12,020.04
11,478.10
10,597.49
9,335.15
8,158.04
6,912.98
Accumulated Depreciation
9,607.05
9,006.42
8,443.62
7,815.68
7,067.68
6,517.14
5,998.64
5,551.44
5,205.76
4,665.69
Non Current Assets
15,460.41
12,742.77
12,649.92
12,123.82
11,690.39
9,845.49
8,823.73
7,553.39
5,201.09
4,457.32
Capital Work in Progress
453.71
517.22
495.13
391.33
572.82
355.48
580.96
653.37
717.83
854.74
Non Current Investment
7,219.08
4,657.56
4,356.28
3,649.52
2,939.95
2,078.12
1,522.31
1,029.51
821.15
830.05
Long Term Loans & Adv.
1,450.33
1,364.54
1,411.91
1,604.98
2,943.07
2,204.02
1,873.23
1,834.55
647.81
476.82
Other Non Current Assets
178.09
9.91
6.21
5.06
282.19
246.91
248.38
252.25
60.65
48.42
Current Assets
9,435.33
10,572.22
11,370.48
8,649.20
8,413.21
9,002.23
7,570.51
6,303.33
5,379.72
5,558.28
Current Investments
3,671.85
5,870.31
6,225.34
4,709.12
3,173.88
5,591.12
4,544.06
3,471.57
2,297.35
3,275.89
Inventories
1,756.39
1,472.41
1,789.27
1,282.32
1,249.53
962.68
708.58
761.99
861.39
669.55
Sundry Debtors
2,719.47
2,158.49
2,274.68
1,511.91
2,745.11
1,426.97
1,551.75
1,282.07
1,371.82
920.58
Cash & Bank
422.80
299.74
396.24
435.41
303.90
237.57
195.39
179.09
215.78
119.83
Other Current Assets
864.82
572.77
430.78
451.95
940.79
783.89
570.73
608.61
633.38
572.43
Short Term Loans & Adv.
236.38
198.50
254.17
258.49
214.23
153.59
247.37
486.50
238.88
404.83
Net Current Assets
3,422.71
5,054.59
4,865.95
4,370.13
4,004.03
4,520.87
3,393.82
2,731.81
1,393.49
1,134.66
Total Assets
24,895.74
23,314.99
24,020.40
20,773.02
20,103.60
18,847.72
16,394.24
13,856.72
10,580.81
10,015.60

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Cash From Operating Activity
2,613.84
2,103.70
4,110.45
5,518.13
1,032.27
4,017.21
4,007.19
3,722.37
2,185.51
2,963.02
PBT
3,863.62
3,058.11
3,895.88
4,611.08
5,104.30
5,242.44
4,568.39
4,352.67
3,291.96
2,864.10
Adjustment
226.97
498.14
257.63
264.37
-55.81
90.31
185.85
150.17
249.32
693.30
Changes in Working Capital
-620.19
-668.47
937.72
1,195.46
-1,945.76
197.46
439.97
322.97
-355.93
55.07
Cash after chg. in Working capital
3,470.40
2,887.78
5,091.23
6,070.91
3,102.73
5,530.21
5,194.21
4,825.81
3,185.35
3,612.47
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-856.56
-784.08
-980.78
-552.78
-2,070.46
-1,513.00
-1,187.02
-1,103.44
-999.84
-649.45
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
-421.33
-221.97
-2,289.32
-2,819.14
1,297.64
-1,858.21
-1,971.95
-2,300.18
31.38
-1,617.80
Net Fixed Assets
-534.06
-362.85
-554.41
-2,036.57
-717.29
-610.53
-1,110.54
-906.52
-1,062.16
Net Investments
-358.04
-152.65
-2,277.02
-2,254.04
1,556.59
-1,635.35
-1,308.83
-1,426.91
934.66
Others
470.77
293.53
542.11
1,471.47
458.34
387.67
447.42
33.25
158.88
Cash from Financing Activity
-2,147.23
-1,975.33
-1,851.82
-2,601.80
-2,252.40
-2,102.45
-2,035.86
-1,474.73
-2,131.13
-1,413.73
Net Cash Inflow / Outflow
45.28
-93.60
-30.69
97.19
77.51
56.55
-0.62
-52.54
85.76
-68.51
Opening Cash & Equivalents
181.02
274.62
305.31
208.12
130.61
74.06
74.68
127.22
68.74
134.95
Closing Cash & Equivalent
226.30
181.02
274.62
305.31
208.12
130.61
74.06
74.68
154.50
68.74

Financial Ratios

Consolidated /

Standalone
Description
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Book Value (Rs.)
831.62
791.90
770.64
720.44
656.36
599.13
516.36
442.30
327.46
281.55
ROA
11.62%
9.84%
13.32%
17.74%
17.49%
20.84%
21.35%
25.19%
22.81%
21.03%
ROE
17.26%
14.92%
20.03%
26.36%
27.16%
32.97%
33.74%
40.05%
38.62%
37.45%
ROCE
23.93%
19.47%
25.96%
32.96%
39.64%
46.31%
46.79%
55.61%
52.66%
48.69%
Fixed Asset Turnover
2.25
2.00
2.16
2.22
2.89
3.00
3.11
3.51
3.88
3.93
Receivable days
25.57
26.90
21.98
26.56
22.41
16.42
16.69
15.77
14.30
12.37
Inventory Days
16.93
19.79
17.83
15.79
11.88
9.21
8.66
9.65
9.55
9.00
Payable days
69.44
83.90
70.43
48.25
43.72
45.58
46.92
42.33
38.62
37.96
Cash Conversion Cycle
-26.94
-37.21
-30.63
-5.90
-9.43
-19.94
-21.56
-16.92
-14.77
-16.59
Total Debt/Equity
0.02
0.02
0.02
0.01
0.02
0.02
0.03
0.03
0.02
0.05
Interest Cover
37.84
58.59
84.94
99.12
136.65
171.21
168.46
298.92
282.36
243.31

Annual Reports:

FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017
FY 2016
FY 2015

News Update:


  • Hero MotoCorp to increase price of Karizma XMR
    25th Sep 2023, 14:59 PM

    Hero Karizma XMR will be available at current introductory price of Rs 1,72,900, till Midnight, September 30, 2023

    Read More
  • Hero MotoCorp gets nod to invest up to Rs 550 crore in Ather Energy
    5th Sep 2023, 09:27 AM

    This is not an acquisition, but subscription by Hero MotoCorp, in the Rights issue of Ather

    Read More
  • Hero MotoCorp reports 6% rise in total sales in August
    2nd Sep 2023, 16:06 PM

    The company's exports increased to 15,770 units in June 2023 versus 11,868 units in June 2022

    Read More
  • Hero MotoCorp launches Karizma XMR
    29th Aug 2023, 14:51 PM

    Hero Karizma XMR will be available at Hero MotoCorp dealership across the country at an introductory price of Rs 1,72,900

    Read More
  • Hero MotoCorp introduces ‘New Glamour’ in refreshed avatar
    24th Aug 2023, 17:56 PM

    The new Fully Digital console, real time mileage indicator, and mobile charging port add to the tech profile of the motorcycle

    Read More
  • Hero MotoCorp looking at enhancing market share across segments
    21st Aug 2023, 10:38 AM

    The company is also on track to introduce its electric vehicle range in 100 cities by this year-end with a focus on attaining clear leadership in the vertical

    Read More
  • Hero MotoCorp reports 20% rise in Q1 consolidated net profit
    11th Aug 2023, 10:45 AM

    Total consolidated income of the company increased by 6.74% at Rs 9,076.55 crore for Q1FY24

    Read More
  • Hero MotoCorp - Quarterly Results
    10th Aug 2023, 18:27 PM

    Read More
  • Hero MotoCorp receives 25,597 bookings for Harley-Davidson X440
    8th Aug 2023, 09:23 AM

    The booking window has now been closed, and the new booking window will be announced soon

    Read More
  • Hero MotoCorp reports 12% fall in total sales in July
    2nd Aug 2023, 12:13 PM

    Of the total sales in July 2023, the company sold 360,592 motorcycles and 30,718 scooters

    Read More
  • Hero MotoCorp unveils new pricing of Harley-Davidson X440
    2nd Aug 2023, 09:28 AM

    Read More
  • Hero MotoCorp sets target to achieve 30% sales through digital platforms by 2030
    20th Jul 2023, 10:17 AM

    The company is also looking to have 30% women workforce in the organization by 2030

    Read More
  • Hero MotoCorp betting big on partnership with Harley-Davidson
    4th Jul 2023, 16:00 PM

    In October 2020, Hero MotoCorp and Harley-Davidson announced a partnership for the Indian market

    Read More
  • Hero MotoCorp, Harley-Davidson launch co-developed premium motorcycle ‘Harley-Davidson X440’ in India
    4th Jul 2023, 09:38 AM

    The Harley-Davidson X440 becomes the first premium motorcycle to be introduced under the licensing agreement between the two brands

    Read More
  • Hero MotoCorp reports 10% fall in total sales in June
    3rd Jul 2023, 11:28 AM

    Of the total sales in June 2023, the company sold 404,474 motorcycles and 32,519 scooters as against 461,421 motorcycles and 23,446 scooters sold in June 2022

    Read More
  • Hero MotoCorp to hike prices of motorcycles, scooters
    1st Jul 2023, 15:12 PM

    The price increase will be around 1.5% and the exact quantum of increase will vary by specific models and markets

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.