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Last Updated on: 10 March, 2025
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 500182 | NSE: HEROMOTOCO

Hero MotoCorp Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 8, 2025, 1:51 pm

Market Cap 73,054 Cr.
Current Price 3,652
High / Low 6,246/3,495
Stock P/E17.6
Book Value 951
Dividend Yield3.15 %
ROCE29.1 %
ROE22.0 %
Face Value 2.00
PEG Ratio2.41

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Hero MotoCorp Ltd

Competitors of Hero MotoCorp Ltd

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Hero MotoCorp Ltd 73,054 Cr. 3,652 6,246/3,49517.6 9513.15 %29.1 %22.0 % 2.00
Bajaj Auto Ltd 2,11,531 Cr. 7,575 12,774/7,30128.1 1,1091.06 %33.5 %26.5 % 10.0
Atul Auto Ltd 1,286 Cr. 463 844/41574.2 1540.00 %4.19 %1.67 % 5.00
TVS Motor Company Ltd 1,09,745 Cr. 2,310 2,958/1,87355.6 1630.34 %14.7 %26.6 % 1.00
Eicher Motors Ltd 1,38,214 Cr. 5,042 5,576/3,67231.1 6921.01 %31.1 %24.2 % 1.00
Industry Average106,766.00 Cr3,808.4041.32613.801.11%22.52%20.19%3.80

All Competitor Stocks of Hero MotoCorp Ltd

Quarterly Result

MetricDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Sales 8,0137,4978,4489,1588,1188,4348,8519,5339,7889,61710,21110,48310,260
Expenses 7,0306,6617,5278,0967,1777,3457,7348,1748,4038,2988,8049,0338,844
Operating Profit 9838369201,0629421,0891,1171,3601,3851,3191,4071,4501,416
OPM % 12%11%11%12%12%13%13%14%14%14%14%14%14%
Other Income 140131569426523866213288177225239306
Interest 1313144824192125238191817
Depreciation 174168173173172180180187194197205206209
Profit before tax 9367867899361,0111,1289821,3601,4561,2921,4081,4641,497
Tax % 25%21%26%27%29%28%29%26%25%27%27%27%26%
Net Profit 7046215866827218117011,0071,0919431,0321,0661,108
EPS in Rs 35.2230.6029.5534.4536.3340.2935.5350.3554.7046.7752.3153.1955.38

Last Updated: February 28, 2025, 7:33 pm

Below is a detailed analysis of the quarterly data for Hero MotoCorp Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

  • For Sales, as of Dec 2024, the value is ₹10,260.00 Cr.. The value appears to be declining and may need further review. It has decreased from 10,483.00 Cr. (Sep 2024) to ₹10,260.00 Cr., marking a decrease of 223.00 Cr..
  • For Expenses, as of Dec 2024, the value is ₹8,844.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 9,033.00 Cr. (Sep 2024) to ₹8,844.00 Cr., marking a decrease of 189.00 Cr..
  • For Operating Profit, as of Dec 2024, the value is ₹1,416.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,450.00 Cr. (Sep 2024) to ₹1,416.00 Cr., marking a decrease of 34.00 Cr..
  • For OPM %, as of Dec 2024, the value is 14.00%. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 14.00%.
  • For Other Income, as of Dec 2024, the value is ₹306.00 Cr.. The value appears strong and on an upward trend. It has increased from 239.00 Cr. (Sep 2024) to ₹306.00 Cr., marking an increase of ₹67.00 Cr..
  • For Interest, as of Dec 2024, the value is ₹17.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 18.00 Cr. (Sep 2024) to ₹17.00 Cr., marking a decrease of 1.00 Cr..
  • For Depreciation, as of Dec 2024, the value is ₹209.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 206.00 Cr. (Sep 2024) to ₹209.00 Cr., marking an increase of ₹3.00 Cr..
  • For Profit before tax, as of Dec 2024, the value is ₹1,497.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,464.00 Cr. (Sep 2024) to ₹1,497.00 Cr., marking an increase of ₹33.00 Cr..
  • For Tax %, as of Dec 2024, the value is 26.00%. The value appears to be improving (decreasing) as expected. It has decreased from 27.00% (Sep 2024) to 26.00%, marking a decrease of 1.00%.
  • For Net Profit, as of Dec 2024, the value is ₹1,108.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,066.00 Cr. (Sep 2024) to ₹1,108.00 Cr., marking an increase of ₹42.00 Cr..
  • For EPS in Rs, as of Dec 2024, the value is 55.38. The value appears strong and on an upward trend. It has increased from ₹53.19 (Sep 2024) to 55.38, marking an increase of ₹2.19.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 4:05 pm

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales 25,27527,53828,45728,61032,45833,97129,25430,95929,55134,15837,78940,570
Expenses 21,72224,01824,03324,02527,12428,94625,18426,90226,29530,06032,55434,978
Operating Profit 3,5533,5204,4244,5855,3345,0254,0704,0583,2564,0995,2355,592
OPM % 14%13%16%16%16%15%14%13%11%12%14%14%
Other Income 4303254218305647411,434553545567689947
Interest 1212152731374746531057661
Depreciation 1,107540443502575624846715690697757817
Profit before tax 2,8643,2924,3874,8855,2925,1044,6113,8493,0583,8645,0905,661
Tax % 26%29%29%27%30%32%21%24%24%28%26%
Net Profit 2,1022,3643,1123,5463,7223,4663,6592,9362,3292,8003,7424,151
EPS in Rs 105.30118.42157.34179.49186.29172.44182.14146.05115.95140.61187.31207.65
Dividend Payout % 62%51%46%47%51%50%49%72%82%71%75%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)12.46%31.64%13.95%4.96%-6.88%5.57%-19.76%-20.67%20.22%33.64%
Change in YoY Net Profit Growth (%)0.00%19.18%-17.70%-8.98%-11.84%12.45%-25.33%-0.91%40.90%13.42%

Hero MotoCorp Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2014-2015 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:4%
5 Years:2%
3 Years:7%
TTM:11%
Compounded Profit Growth
10 Years:7%
5 Years:2%
3 Years:11%
TTM:11%
Stock Price CAGR
10 Years:3%
5 Years:12%
3 Years:16%
1 Year:-22%
Return on Equity
10 Years:24%
5 Years:19%
3 Years:18%
Last Year:22%

Last Updated: Unknown

Balance Sheet

Last Updated: December 14, 2024, 3:30 pm

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital 404040404040404040404040
Reserves 5,5836,5008,79410,27611,93213,08014,36615,37615,80716,61617,65918,971
Borrowings 284100232261228312453584605568606588
Other Liabilities 4,2154,0143,8294,7365,1975,0724,8157,0966,0276,6947,8479,663
Total Liabilities 10,12210,65412,89615,31217,39718,50419,67423,09622,47823,91726,15329,261
Fixed Assets 2,2472,9523,7844,5994,9614,9526,4736,3806,1946,1596,2326,588
CWIP 855719653581355573391495517454484145
Investments 4,1063,1184,5016,0667,6696,1148,35910,58210,52810,89112,75114,980
Other Assets 2,9143,8643,9584,0664,4116,8654,4515,6395,2406,4136,6857,548
Total Assets 10,12210,65412,89615,31217,39718,50419,67423,09622,47823,91726,15329,261

Below is a detailed analysis of the balance sheet data for Hero MotoCorp Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

  • For Equity Capital, as of Sep 2024, the value is ₹40.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹40.00 Cr..
  • For Reserves, as of Sep 2024, the value is ₹18,971.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹17,659.00 Cr. (Mar 2024) to ₹18,971.00 Cr., marking an increase of 1,312.00 Cr..
  • For Borrowings, as of Sep 2024, the value is ₹588.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from ₹606.00 Cr. (Mar 2024) to ₹588.00 Cr., marking a decrease of 18.00 Cr..
  • For Other Liabilities, as of Sep 2024, the value is ₹9,663.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹7,847.00 Cr. (Mar 2024) to ₹9,663.00 Cr., marking an increase of 1,816.00 Cr..
  • For Total Liabilities, as of Sep 2024, the value is ₹29,261.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹26,153.00 Cr. (Mar 2024) to ₹29,261.00 Cr., marking an increase of 3,108.00 Cr..
  • For Fixed Assets, as of Sep 2024, the value is ₹6,588.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹6,232.00 Cr. (Mar 2024) to ₹6,588.00 Cr., marking an increase of 356.00 Cr..
  • For CWIP, as of Sep 2024, the value is ₹145.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹484.00 Cr. (Mar 2024) to ₹145.00 Cr., marking a decrease of 339.00 Cr..
  • For Investments, as of Sep 2024, the value is ₹14,980.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹12,751.00 Cr. (Mar 2024) to ₹14,980.00 Cr., marking an increase of 2,229.00 Cr..
  • For Other Assets, as of Sep 2024, the value is ₹7,548.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹6,685.00 Cr. (Mar 2024) to ₹7,548.00 Cr., marking an increase of 863.00 Cr..
  • For Total Assets, as of Sep 2024, the value is ₹29,261.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹26,153.00 Cr. (Mar 2024) to ₹29,261.00 Cr., marking an increase of 3,108.00 Cr..

Notably, the Reserves (₹18,971.00 Cr.) exceed the Borrowings (588.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +2,9632,1863,7224,0074,0171,0325,5184,1102,1042,6144,923
Cash from Investing Activity +-1,61631-2,300-1,972-1,8581,298-2,819-2,289-222-421-1,828
Cash from Financing Activity +-1,414-2,131-1,475-2,036-2,102-2,252-2,602-1,852-1,975-2,147-2,717
Net Cash Flow-6686-53-1577897-31-9445379

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-281.00-97.00-228.00-257.00-223.00-307.00-449.00-580.00-602.00-564.00-601.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days1318162016291927272925
Inventory Days1316141416192430262725
Days Payable4650516256545888767380
Cash Conversion Cycle-19-16-20-29-24-5-15-32-23-17-30
Working Capital Days-33-14-11-17-148-7-17-9-4-13
ROCE %50%54%48%45%39%27%24%18%23%29%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Promoters34.75%34.78%34.78%34.78%34.78%34.78%34.76%34.76%34.76%34.76%34.75%34.75%
FIIs29.22%28.84%27.79%27.48%27.01%28.10%26.80%28.34%28.93%29.87%29.59%27.95%
DIIs24.24%25.58%26.89%27.30%27.86%27.28%29.14%28.09%27.76%26.87%26.94%27.70%
Government0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.01%
Public11.79%10.81%10.55%10.45%10.36%9.85%9.30%8.80%8.55%8.49%8.72%9.58%
No. of Shareholders4,04,0563,68,7213,49,5223,27,7733,33,0543,13,1043,01,4982,80,5472,92,8283,00,1467,61,2598,74,658

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
SBI Nifty 50 ETF2,352,4450.631087.192,352,4452025-03-090%
ICICI Prudential Bluechip Fund2,157,9302997.32,352,4452025-03-09-8.27%
Kotak Flexicap Fund - Regular Plan1,700,0001.77785.662,352,4452025-03-09-27.73%
SBI Blue Chip Fund1,000,0001.07462.162,352,4452025-03-09-57.49%
Kotak Multicap Fund991,0315.13458.012,352,4452025-03-09-57.87%
Kotak Equity Opportunities Fund - Regular Plan974,8002.46450.512,352,4452025-03-09-58.56%
DSP Mid Cap Fund862,3482.41398.542,352,4452025-03-09-63.34%
ICICI Prudential Business Cycle Fund739,1944.3341.622,352,4452025-03-09-68.58%
Tata Equity P/E Fund - Regular Plan737,8554.763412,352,4452025-03-09-68.63%
Tata Equity P/E Fund - Regular Plan - Trigger Option A 5%737,8554.763412,352,4452025-03-09-68.63%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue 2.002.002.002.002.00
Basic EPS (Rs.) 187.36140.62115.96146.07182.15
Diluted EPS (Rs.) 187.04140.62115.93146.04182.15
Cash EPS (Rs.) 231.10174.84161.04185.07223.81
Book Value[Excl.RevalReserv]/Share (Rs.) 892.17839.66800.54778.76728.25
Book Value[Incl.RevalReserv]/Share (Rs.) 892.17839.66800.54778.76728.25
Revenue From Operations / Share (Rs.) 1890.381709.201479.041549.511464.53
PBDIT / Share (Rs.) 310.36233.31200.19233.10239.87
PBIT / Share (Rs.) 272.48198.42165.68197.31197.53
PBT / Share (Rs.) 260.65193.17163.02194.99229.11
Net Profit / Share (Rs.) 193.22139.94126.53149.28181.47
NP After MI And SOA / Share (Rs.) 187.34140.60115.96146.03182.13
PBDIT Margin (%) 16.4113.6513.5315.0416.37
PBIT Margin (%) 14.4111.6011.2012.7313.48
PBT Margin (%) 13.7811.3011.0212.5815.64
Net Profit Margin (%) 10.228.188.559.6312.39
NP After MI And SOA Margin (%) 9.908.227.849.4212.43
Return on Networth / Equity (%) 21.1516.8714.6218.9225.25
Return on Capital Employeed (%) 28.5122.1419.5123.7625.62
Return On Assets (%) 14.3111.7410.3012.6318.49
Total Debt / Equity (X) 0.020.010.020.020.01
Asset Turnover Ratio (%) 1.511.481.311.471.55
Current Ratio (X) 1.461.571.921.752.02
Quick Ratio (X) 1.211.281.651.471.72
Inventory Turnover Ratio (X) 14.1416.5314.2215.9016.97
Dividend Payout Ratio (NP) (%) 72.0671.1181.9265.0453.25
Dividend Payout Ratio (CP) (%) 59.9456.9763.1352.2343.20
Earning Retention Ratio (%) 27.9428.8918.0834.9646.75
Cash Earning Retention Ratio (%) 40.0643.0336.8747.7756.80
Interest Coverage Ratio (X) 81.2444.4675.33100.35102.73
Interest Coverage Ratio (Post Tax) (X) 53.6727.6748.6165.2764.19
Enterprise Value (Cr.) 94099.4446923.2946091.8558321.9931759.24
EV / Net Operating Revenue (X) 2.491.371.561.881.09
EV / EBITDA (X) 15.1710.0611.5212.526.63
MarketCap / Net Operating Revenue (X) 2.501.371.551.881.09
Retention Ratios (%) 27.9328.8818.0734.9546.74
Price / BV (X) 5.332.822.903.782.21
Price / Net Operating Revenue (X) 2.501.371.551.881.09
EarningsYield 0.030.050.050.050.11

After reviewing the key financial ratios for Hero MotoCorp Ltd, here is a detailed analysis based on the latest available data and recent trends:

  • For FaceValue, as of Mar 24, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 2.00.
  • For Basic EPS (Rs.), as of Mar 24, the value is 187.36. This value is within the healthy range. It has increased from 140.62 (Mar 23) to 187.36, marking an increase of 46.74.
  • For Diluted EPS (Rs.), as of Mar 24, the value is 187.04. This value is within the healthy range. It has increased from 140.62 (Mar 23) to 187.04, marking an increase of 46.42.
  • For Cash EPS (Rs.), as of Mar 24, the value is 231.10. This value is within the healthy range. It has increased from 174.84 (Mar 23) to 231.10, marking an increase of 56.26.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 892.17. It has increased from 839.66 (Mar 23) to 892.17, marking an increase of 52.51.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 892.17. It has increased from 839.66 (Mar 23) to 892.17, marking an increase of 52.51.
  • For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 1,890.38. It has increased from 1,709.20 (Mar 23) to 1,890.38, marking an increase of 181.18.
  • For PBDIT / Share (Rs.), as of Mar 24, the value is 310.36. This value is within the healthy range. It has increased from 233.31 (Mar 23) to 310.36, marking an increase of 77.05.
  • For PBIT / Share (Rs.), as of Mar 24, the value is 272.48. This value is within the healthy range. It has increased from 198.42 (Mar 23) to 272.48, marking an increase of 74.06.
  • For PBT / Share (Rs.), as of Mar 24, the value is 260.65. This value is within the healthy range. It has increased from 193.17 (Mar 23) to 260.65, marking an increase of 67.48.
  • For Net Profit / Share (Rs.), as of Mar 24, the value is 193.22. This value is within the healthy range. It has increased from 139.94 (Mar 23) to 193.22, marking an increase of 53.28.
  • For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 187.34. This value is within the healthy range. It has increased from 140.60 (Mar 23) to 187.34, marking an increase of 46.74.
  • For PBDIT Margin (%), as of Mar 24, the value is 16.41. This value is within the healthy range. It has increased from 13.65 (Mar 23) to 16.41, marking an increase of 2.76.
  • For PBIT Margin (%), as of Mar 24, the value is 14.41. This value is within the healthy range. It has increased from 11.60 (Mar 23) to 14.41, marking an increase of 2.81.
  • For PBT Margin (%), as of Mar 24, the value is 13.78. This value is within the healthy range. It has increased from 11.30 (Mar 23) to 13.78, marking an increase of 2.48.
  • For Net Profit Margin (%), as of Mar 24, the value is 10.22. This value exceeds the healthy maximum of 10. It has increased from 8.18 (Mar 23) to 10.22, marking an increase of 2.04.
  • For NP After MI And SOA Margin (%), as of Mar 24, the value is 9.90. This value is within the healthy range. It has increased from 8.22 (Mar 23) to 9.90, marking an increase of 1.68.
  • For Return on Networth / Equity (%), as of Mar 24, the value is 21.15. This value is within the healthy range. It has increased from 16.87 (Mar 23) to 21.15, marking an increase of 4.28.
  • For Return on Capital Employeed (%), as of Mar 24, the value is 28.51. This value is within the healthy range. It has increased from 22.14 (Mar 23) to 28.51, marking an increase of 6.37.
  • For Return On Assets (%), as of Mar 24, the value is 14.31. This value is within the healthy range. It has increased from 11.74 (Mar 23) to 14.31, marking an increase of 2.57.
  • For Total Debt / Equity (X), as of Mar 24, the value is 0.02. This value is within the healthy range. It has increased from 0.01 (Mar 23) to 0.02, marking an increase of 0.01.
  • For Asset Turnover Ratio (%), as of Mar 24, the value is 1.51. It has increased from 1.48 (Mar 23) to 1.51, marking an increase of 0.03.
  • For Current Ratio (X), as of Mar 24, the value is 1.46. This value is below the healthy minimum of 1.5. It has decreased from 1.57 (Mar 23) to 1.46, marking a decrease of 0.11.
  • For Quick Ratio (X), as of Mar 24, the value is 1.21. This value is within the healthy range. It has decreased from 1.28 (Mar 23) to 1.21, marking a decrease of 0.07.
  • For Inventory Turnover Ratio (X), as of Mar 24, the value is 14.14. This value exceeds the healthy maximum of 8. It has decreased from 16.53 (Mar 23) to 14.14, marking a decrease of 2.39.
  • For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 72.06. This value exceeds the healthy maximum of 50. It has increased from 71.11 (Mar 23) to 72.06, marking an increase of 0.95.
  • For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 59.94. This value exceeds the healthy maximum of 50. It has increased from 56.97 (Mar 23) to 59.94, marking an increase of 2.97.
  • For Earning Retention Ratio (%), as of Mar 24, the value is 27.94. This value is below the healthy minimum of 40. It has decreased from 28.89 (Mar 23) to 27.94, marking a decrease of 0.95.
  • For Cash Earning Retention Ratio (%), as of Mar 24, the value is 40.06. This value is within the healthy range. It has decreased from 43.03 (Mar 23) to 40.06, marking a decrease of 2.97.
  • For Interest Coverage Ratio (X), as of Mar 24, the value is 81.24. This value is within the healthy range. It has increased from 44.46 (Mar 23) to 81.24, marking an increase of 36.78.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 53.67. This value is within the healthy range. It has increased from 27.67 (Mar 23) to 53.67, marking an increase of 26.00.
  • For Enterprise Value (Cr.), as of Mar 24, the value is 94,099.44. It has increased from 46,923.29 (Mar 23) to 94,099.44, marking an increase of 47,176.15.
  • For EV / Net Operating Revenue (X), as of Mar 24, the value is 2.49. This value is within the healthy range. It has increased from 1.37 (Mar 23) to 2.49, marking an increase of 1.12.
  • For EV / EBITDA (X), as of Mar 24, the value is 15.17. This value exceeds the healthy maximum of 15. It has increased from 10.06 (Mar 23) to 15.17, marking an increase of 5.11.
  • For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 2.50. This value is within the healthy range. It has increased from 1.37 (Mar 23) to 2.50, marking an increase of 1.13.
  • For Retention Ratios (%), as of Mar 24, the value is 27.93. This value is below the healthy minimum of 30. It has decreased from 28.88 (Mar 23) to 27.93, marking a decrease of 0.95.
  • For Price / BV (X), as of Mar 24, the value is 5.33. This value exceeds the healthy maximum of 3. It has increased from 2.82 (Mar 23) to 5.33, marking an increase of 2.51.
  • For Price / Net Operating Revenue (X), as of Mar 24, the value is 2.50. This value is within the healthy range. It has increased from 1.37 (Mar 23) to 2.50, marking an increase of 1.13.
  • For EarningsYield, as of Mar 24, the value is 0.03. This value is below the healthy minimum of 5. It has decreased from 0.05 (Mar 23) to 0.03, marking a decrease of 0.02.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Hero MotoCorp Ltd as of March 10, 2025 is: ₹3,038.61

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 10, 2025, Hero MotoCorp Ltd is Overvalued by 16.80% compared to the current share price 3,652.00

Intrinsic Value of Hero MotoCorp Ltd as of March 10, 2025 is: 3,260.18

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 10, 2025, Hero MotoCorp Ltd is Overvalued by 10.73% compared to the current share price 3,652.00

Last 5 Year EPS CAGR: 7.29%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 32.45%, which is a positive sign.
  2. The stock has a low average Working Capital Days of -11.91, which is a positive sign.
  3. The stock has a low average Cash Conversion Cycle of -20.91, which is a positive sign.
  4. The company has higher reserves (12,913.33 cr) compared to borrowings (401.75 cr), indicating strong financial stability.
  5. The company has shown consistent growth in sales (31.00 cr) and profit (3.83 cr) over the years.

    Stock Analysis

    • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Hero MotoCorp Ltd:
      1. Net Profit Margin: 10.22%
        • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
      2. ROCE: 28.51% (Industry Average ROCE: 22.52%)
        • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
      3. ROE%: 21.15% (Industry Average ROE: 20.19%)
        • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
      4. Interest Coverage Ratio (Post Tax): 53.67
        • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
      5. Quick Ratio: 1.21
        • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
      6. Stock P/E: 17.6 (Industry average Stock P/E: 41.32)
        • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
      7. Total Debt / Equity: 0.02
        • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
      The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
      Stock Rating:

    About the Company - Qualitative Analysis

    Hero MotoCorp Ltd. is a Public Limited Listed company incorporated on 19/01/1984 and has its registered office in the State of Delhi, India. Company's Corporate Identification Number(CIN) is L35911DL1984PLC017354 and registration number is 017354. Currently Company is involved in the business activities of Manufacture of motorcycles, scooters, mopeds etc. and their engine. Company's Total Operating Revenue is Rs. 37455.72 Cr. and Equity Capital is Rs. 39.98 Cr. for the Year ended 31/03/2024.
    INDUSTRYADDRESSCONTACT
    Auto - 2 & 3 WheelersThe Grand Plaza, Plot No. 2, New Delhi Delhi 110070customercare@heromotocorp.com
    http://www.heromotocorp.com
    Management
    NamePosition Held
    Dr. Pawan MunjalExecutive Chairman
    Mr. Vikram S KasbekarExecutive Director
    Ms. Vasudha DinodiaNon Executive Director
    Mr. Suman Kant MunjalNon Executive Director
    Mr. Pradeep DinodiaNon Executive Director
    Ms. Tina TrikhaInd. Non-Executive Director
    Ms. Camille TangInd. Non-Executive Director
    Air M'shal (Retd.) B S DhanoaInd. Non-Executive Director
    Mr. Rajnish KumarInd. Non-Executive Director
    Prof. Jagmohan Singh RajuInd. Non-Executive Director

    FAQ

    What is the latest intrinsic value of Hero MotoCorp Ltd?

    The latest intrinsic value of Hero MotoCorp Ltd as on 09 March 2025 is ₹3038.61, which is 16.80% lower than the current market price of 3,652.00, indicating the stock is overvalued by 16.80%. The intrinsic value of Hero MotoCorp Ltd is calculated using PE ratio method. The stock has a market capitalization of ₹73,054 Cr. and recorded a high/low of ₹6,246/3,495 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹18,971 Cr and total liabilities of ₹29,261 Cr.

    What is the Market Cap of Hero MotoCorp Ltd?

    The Market Cap of Hero MotoCorp Ltd is 73,054 Cr..

    What is the current Stock Price of Hero MotoCorp Ltd as on 09 March 2025?

    The current stock price of Hero MotoCorp Ltd as on 09 March 2025 is ₹3,652.

    What is the High / Low of Hero MotoCorp Ltd stocks in FY 2024-2025?

    In FY 2024-2025, the High / Low of Hero MotoCorp Ltd stocks is ₹6,246/3,495.

    What is the Stock P/E of Hero MotoCorp Ltd?

    The Stock P/E of Hero MotoCorp Ltd is 17.6.

    What is the Book Value of Hero MotoCorp Ltd?

    The Book Value of Hero MotoCorp Ltd is 951.

    What is the Dividend Yield of Hero MotoCorp Ltd?

    The Dividend Yield of Hero MotoCorp Ltd is 3.15 %.

    What is the ROCE of Hero MotoCorp Ltd?

    The ROCE of Hero MotoCorp Ltd is 29.1 %.

    What is the ROE of Hero MotoCorp Ltd?

    The ROE of Hero MotoCorp Ltd is 22.0 %.

    What is the Face Value of Hero MotoCorp Ltd?

    The Face Value of Hero MotoCorp Ltd is 2.00.

    Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Hero MotoCorp Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE