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Hero MotoCorp Ltd

HEROMOTOCO

Hero MotoCorp Ltd

HEROMOTOCO
Consumer DiscretionaryTwo Wheelers
MidcapWith a market cap of ₹95,368 cr, stock is ranked 102
Low RiskStock is 1.94x as volatile as Nifty
4,768.900.98% (-47.10)
4,768.900.98% (-47.10)

Price Chart

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Consumer DiscretionaryTwo Wheelers
MidcapWith a market cap of ₹95,368 cr, stock is ranked 102
Low RiskStock is 1.94x as volatile as Nifty

How to use scorecard? Learn more

Consumer DiscretionaryTwo Wheelers
MidcapWith a market cap of ₹95,368 cr, stock is ranked 102
Low RiskStock is 1.94x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
23.375.352.93%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
38.646.730.49%

Forecast & Ratings

Detailed Forecast 
66%
Analysts have suggested that investors can buy this stock

from 35 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Hero MotoCorp Limited is a two-wheeler manufacturer. The Company manufactures and sells motorized two wheelers up to 350 cubic centimeters (cc) engine capacity, spare parts and related services.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Lower than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 2.17%, vs industry avg of 7.38%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 39.73% to 29.64%

Lower than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 1.69%, vs industry avg of 7.85%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue28,904.2829,449.3933,031.2034,718.3130,756.6431,517.0930,106.2934,730.5038,643.1640,051.02
Raw Materialssubtract19,357.9619,019.3421,995.9423,503.4620,004.2921,999.1820,891.6924,107.7225,321.0933,677.83
Power & Fuel Costsubtract122.20112.84139.84158.12132.96113.89109.72114.56120.18
Employee Costsubtract1,339.461,432.491,583.711,778.031,889.321,951.021,995.782,250.052,631.54
Selling & Administrative Expensessubtract2,083.712,097.442,180.622,183.541,787.871,699.601,835.462,007.042,201.66
Operating & Other expensessubtract1,156.091,372.351,233.211,329.241,438.721,142.551,472.911,585.242,444.76
Depreciation/Amortizationsubtract443.25502.25574.98624.44845.76715.12689.52697.39757.36783.06
Interest & Other Itemssubtract14.6127.2830.8037.1846.6446.4153.10104.8876.3774.21
Taxes & Other Itemssubtract1,245.021,301.131,571.701,660.21972.97931.57741.231,053.661,345.371,435.30
EPS157.34179.49186.30172.45182.15146.06115.97140.63187.35204.11
DPS72.0085.0095.0087.0090.00105.0095.00100.00140.00135.00
Payout ratio0.460.470.510.500.490.720.820.710.750.66

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2019

Annual Report Unavailable

Investor Presentation

Sep 17PDF
Aug 3PDF
FY 2023

Annual report

PDF

Investor Presentation

Oct 7PDF
 

Peers & Comparison

Comparing 3 stocks from 
Consumer DiscretionaryTwo Wheelers

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Hero MotoCorp Ltd25.475.352.93%
Bajaj Auto Limited35.909.560.81%
TVS Motor Company Ltd69.4715.600.32%
Ola Electric Mobility Ltd-19.1315.01—

Price Comparison

Compare HEROMOTOCO with any stock or ETF
Compare HEROMOTOCO with any stock or ETF
HEROMOTOCO
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding34.75%14.57%12.37%29.59%8.72%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep28.10%26.80%28.34%28.93%29.87%29.59%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Hero MotoCorp Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
ICICI Prudential Bluechip Fund - Growth - Direct Plan

Growth
1.5289%2.29%-0.06%46/90 (0)
Kotak Flexicap Fund - Growth - Direct Plan

Growth
1.0025%1.78%0.04%23/63 (+1)
Kotak Multicap Fund - Growth - Direct Plan

Growth
0.7375%4.75%0.80%2/71 (0)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

Events

Dividend Trend

No Trend In Dividends

Dividends are the portion of earnings that a company distributes to all its shareholders every year

HEROMOTOCO has shown inconsistent dividend trend over the last 5 years

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 2.93%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹29.35 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateAug 1, 2024

Final
Final | Div/Share: ₹40.00

Dividend/Share

₹40.00

Ex DateEx Date

Aug 1, 2024

Cash Dividend

Ex DateEx DateFeb 21, 2024

Special
Special | Div/Share: ₹25.00

Dividend/Share

₹25.00

Ex DateEx Date

Feb 21, 2024

Cash Dividend

Ex DateEx DateFeb 21, 2024

Interim
Interim | Div/Share: ₹75.00

Dividend/Share

₹75.00

Ex DateEx Date

Feb 21, 2024

Cash Dividend

Ex DateEx DateJul 27, 2023

Final
Final | Div/Share: ₹35.00

Dividend/Share

₹35.00

Ex DateEx Date

Jul 27, 2023

Cash Dividend

Ex DateEx DateFeb 17, 2023

Interim
Interim | Div/Share: ₹65.00

Dividend/Share

₹65.00

Ex DateEx Date

Feb 17, 2023

News & Opinions
Corporate
Hero MotoCorp sells 15.98 lakh units in 32-day festive period

Hero MotoCorp achieved its highest-ever retail sales during the recent 32-day festive period, starting from Navratri. With sales of over 15.98 lakh (1.6 million) units, the company registered an impressive 13% growth compared to the festive season of 2023. The robust demand for Hero MotoCorp's products was evident across both urban and rural India. The 125cc motorcycle segment, with Xtreme 125R, emerged as a key growth driver, while the 100cc segment also contributed positively to the company's strong sales performance. VIDA, Hero MotoCorp's electric vehicle brand, crossed a significant milestone by achieving 11,600 retail sales during the same period. VIDA network's ongoing expansion, leveraging Hero Premia and Hero 2.0 outlets, in conjunction with a heightened emphasis on the Top 30 towns, is yielding positive results. The upcoming portfolio expansion is set to infuse the brand with further impetus. The Harley-Davidson X440 achieved sales of over 2800 units, highlighting the brand's popularity. As the company aims to expand the Premia network to over 100 locations by the end of this fiscal year, it will enhance the reach and accessibility of this aspirational brand.Powered by Capital Market - Live

6 days agoCapital Market - Live
Spotlight
Stock Alert: Hero Motocorp, Atul Auto, SML Isuzu, Zen Technologies

Result today: Indian Railway Catering and Tourism Corporation (IRCTC), Bata India, Exide Industries, Hatsun Agro Product, KEC and Raymond will announce their results later today Stocks to Watch: Hero Motocorp said that its total sales jumped 18.12% to 679,091 units in October 2024 as compared with 574,930 units in October 2023. Atul Auto said that its total sales grew by 24.77% to 3,818 units in October 2024 as against 3,060 units sold in October 2023. SML Isuzu has sold 801 units in October 2024, registering de-growth of 8.2% from 873 units sold in the same period last year. TVS Motor's total sales jumped 13% to 489,015 units in October 2024 as against 434,714 units sold in the month of October 2023 Zen Technologies reported Q2 net profit surged to Rs 63.4 crore during the quarter as compared with Rs 13.6 crore in Q2 FY24. Revenue soared to RS 242 crore in Q2 FY25 as compared with Rs 66.5 crore posted in corresponding quarter last year.Powered by Capital Market - Live

6 days agoCapital Market - Live
Corporate
Hero MotoCorp to table results

Hero MotoCorp will hold a meeting of the Board of Directors of the Company on 14 November 2024Powered by Capital Market - Live

1 week agoCapital Market - Live
Spotlight
Hero Motocorp's total sales climbs 18% YoY to 6,79,091 units

The growth in total sales was primarily driven by robust demand from key urban and rural areas, particularly in the 100cc and 125cc segment during the festive period. The company's motorcycles sales increased 20.11% to 6,35,787 units, while scooters sales declined 5.01% to 43,304 units in October 2024 over October 2023. During the period under review, sales of motorcycles and scooters in the domestic market aggregated to 657,403 units (up 17.44% YoY) while exports of the same was at 21,688 units (up 43.02% YoY). The company's electric vehicle brand, VIDA, continued to have a strong growth trajectory this year and achieved its highest-ever monthly dispatches, reaching 8,750 units in October 2024. Hero MotoCorp is engaged in the manufacturing and selling of motorised two-wheelers, spare parts and related services. The company is a leading two wheeler manufacturer and has a dominant presence in domestic market. The company's consolidated net profit jumped 26.29% to Rs 1,045.89 crore on 15.4% increase in revenue from operations to Rs 10,210.79 crore in Q2 FY25 over Q2 FY24. The scrip rose 0.59% to end at Rs 5,019.50 on Friday, 1 November 2024.Powered by Capital Market - Live

1 week agoCapital Market - Live
Spotlight
Hero MotoCorp Ltd slips for fifth straight session

Hero MotoCorp Ltd dropped for a fifth straight session today. The stock is quoting at Rs 4966.75, down 0.13% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 1.01% on the day, quoting at 24425.65. The Sensex is at 80317.15, up 1.15%.Hero MotoCorp Ltd has lost around 13.05% in last one month.Meanwhile, Nifty Auto index of which Hero MotoCorp Ltd is a constituent, has eased around 10.74% in last one month and is currently quoting at 23799.3, up 1.36% on the day. The volume in the stock stood at 2.58 lakh shares today, compared to the daily average of 6.88 lakh shares in last one month. The benchmark October futures contract for the stock is quoting at Rs 4985, up 0.45% on the day. Hero MotoCorp Ltd jumped 59.68% in last one year as compared to a 27.61% rally in NIFTY and a 50.55% spurt in the Nifty Auto index.The PE of the stock is 23.32 based on TTM earnings ending June 24.Powered by Capital Market - Live

1 week agoCapital Market - Live
Spotlight
Hero MotoCorp Ltd drops for fifth straight session

Hero MotoCorp Ltd fell for a fifth straight session today. The stock is quoting at Rs 5183.7, down 0.62% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.2% on the day, quoting at 24804.2. The Sensex is at 81203.95, down 0.03%.Hero MotoCorp Ltd has eased around 16.26% in last one month.Meanwhile, Nifty Auto index of which Hero MotoCorp Ltd is a constituent, has eased around 6.22% in last one month and is currently quoting at 25146.9, down 0.03% on the day. The volume in the stock stood at 5.43 lakh shares today, compared to the daily average of 7.45 lakh shares in last one month. The benchmark October futures contract for the stock is quoting at Rs 5180, down 1.09% on the day. Hero MotoCorp Ltd jumped 64.57% in last one year as compared to a 28.64% rally in NIFTY and a 54.44% spurt in the Nifty Auto index.The PE of the stock is 24.45 based on TTM earnings ending June 24.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Live Market Update
Market at day's low; financial services shares decline

The domestic equity benchmarks traded with significant losses in early-afternoon trade amid mixed cues from global markets and fears of full fledged war between Iran and Israel. The fall was also triggered by SEBI's new F&O rules. The Nifty traded below the 25,400 level. Financial services shares extended losses for the fourth consecutive trading session. Trading was volatile due to weekly F&O series expiry today. At 12:30 IST, the barometer index, the S&P BSE Sensex tumbled 1,363.31 points or 1.61% to 82,913.07. The Nifty 50 index dropped 418.60 points or 1.62% to 25,378.30. In the broader market, the S&P BSE Mid-Cap index slipped 1.71% and the S&P BSE Small-Cap index declined 1.42%. The market breadth was weak. On the BSE, 1,100 shares rose and 2,764 shares fell. A total of 108 shares were unchanged. SEBI's new F&O rules: The Securities and Exchange Board of India's (SEBI) introduced a six-step plan to curtail retail participation in speculative index derivatives. This could result in a significant decline in trading volumes. New regulations require traders to maintain higher margins, potentially hindering their ability to take on larger leveraged positions. Moreover, the reduction of weekly options expiries to one per exchange could lead to decreased revenues for exchanges and brokers. This change means that each exchange will only offer weekly contracts for one benchmark index instead of the current two to four. These measures are designed to reduce excessive speculation in the futures and options (F&O) segment, where retail investors often find themselves on the losing end of trades. Derivatives: The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, soared 11.15% to 13.33. The Nifty 31 October 2024 futures were trading at 25,569.50, at a premium of 191.20 points as compared with the spot at 25,378.30. The Nifty option chain for the 31 October 2024 expiry showed maximum Call OI of 63.2 lakh contracts at the 27,000 strike price. Maximum Put OI of 37.4 lakh contracts were seen at 25,000 strike price. Buzzing Index: The Nifty Financial Services index slipped 1.70% to 24,062.30. The index fell 4.34% in the four consecutive trading sessions. Cholamandalam Investment & Finance Company (down 4.08%), Shriram Finance (down 3.84%), Power Finance Corporation (down 3.57%), REC (down 2.69%), LIC Housing Finance (down 2.67%), Axis Bank (down 2.65%), Bajaj Finserv (down 2.59%), Bajaj Finance (down 2.39%), Kotak Mahindra Bank (down 2.35%) and IDFC (down 2.27%) declined. Stocks in Spotlight : Hero MotoCorp declined 1.06%. The two-wheeler major's total motorcycle and scooter sales jumped 18.74% to 637,050 units in September 2024 as compared with sales of 536,499 units recorded in September 2023. J.Kumar Infraprojects added 0.36%. The company has received Letter of Acceptance (LoA) from Mumbai Metropolitan Region Development Authority (MMRDA) worth Rs 1,847.72 crore. Transformers and Rectifiers (India) rallied 3.49% after the company announced that it has secured orders worth Rs 565 crore from Power Grid Corporation of India for supply of transformer and reactors.Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Hero MotoCorp Ltd down for fifth straight session

Hero MotoCorp Ltd is down for a fifth straight session today. The stock is quoting at Rs 5707.85, down 4.19% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.2% on the day, quoting at 25865.55. The Sensex is at 84467.06, down 1.29%.Hero MotoCorp Ltd has added around 2.32% in last one month.Meanwhile, Nifty Auto index of which Hero MotoCorp Ltd is a constituent, has increased around 3.97% in last one month and is currently quoting at 27610.75, down 1.82% on the day. The volume in the stock stood at 8.78 lakh shares today, compared to the daily average of 7.66 lakh shares in last one month. The benchmark October futures contract for the stock is quoting at Rs 5743.8, down 4.45% on the day. Hero MotoCorp Ltd jumped 89.28% in last one year as compared to a 32.45% rally in NIFTY and a 69.52% spurt in the Nifty Auto index.The PE of the stock is 27.91 based on TTM earnings ending June 24.Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Hero MotoCorp Ltd gains for fifth session

Hero MotoCorp Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 6109.95, up 1.61% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.31% on the day, quoting at 25870.8. The Sensex is at 84661.27, up 0.14%. Hero MotoCorp Ltd has added around 14.34% in last one month. Meanwhile, Nifty Auto index of which Hero MotoCorp Ltd is a constituent, has added around 2.99% in last one month and is currently quoting at 26394.55, up 1.22% on the day. The volume in the stock stood at 4 lakh shares today, compared to the daily average of 7.74 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 6111, up 1.44% on the day. Hero MotoCorp Ltd is up 105.4% in last one year as compared to a 31.49% gain in NIFTY and a 64.7% gain in the Nifty Auto index.The PE of the stock is 28.19 based on TTM earnings ending June 24.Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Hero MotoCorp Ltd spurts 0.16%, up for five straight sessions

Hero MotoCorp Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 5655.8, up 0.16% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.57% on the day, quoting at 25136.35. The Sensex is at 82165.57, down 0.47%. Hero MotoCorp Ltd has gained around 9.1% in last one month. Meanwhile, Nifty Auto index of which Hero MotoCorp Ltd is a constituent, has gained around 4.52% in last one month and is currently quoting at 26034.65, down 0.81% on the day. The volume in the stock stood at 2.92 lakh shares today, compared to the daily average of 7.73 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 5671.45, up 0.13% on the day. Hero MotoCorp Ltd is up 92.68% in last one year as compared to a 28.41% jump in NIFTY and a 61.97% jump in the Nifty Auto index.The PE of the stock is 26.48 based on TTM earnings ending June 24.Powered by Capital Market - Live

2 months agoCapital Market - Live