equitymaster.comFalseFalseHERO MOTOCORP |
|
Price History |
Price | Rs | 4,524.7 | | % ch | % | -0.7 |
Mkt Cap | Rs m | 904,576 | | No. of
shares | m | 199.92 |
Vol | '000 | 3.9 | | % ch week | % | -3.1 |
P/E | X | 24.5 | | % ch 1-mth | % | -6.1 |
P/CF | X | 26.8 | | % ch 12-mth | % | 90.2 |
EPS (TTM) | Rs | 184.6 | | 52 week H/L | Rs | 4,980.0/2,246.8 |
(As on Mar 19, 2024 11:43:00 AM) |
|
Financials |
* Results Consolidated | No. of Months
Year Ending | 12
Mar-19* | 12
Mar-20* | 12
Mar-21* | 12
Mar-22* | 12
Mar-23* |
EQUITY SHARE DATA |
High | Rs | 3,862 | 3,021 | 3,629 | 3,089 | 2,939 |
Low | Rs | 2,517 | 1,475 | 1,545 | 2,148 | 2,152 |
Sales per share (Unadj.) | Rs | 1,700.8 | 1,464.5 | 1,549.7 | 1,479.0 | 1,709.3 |
Earnings per share (Unadj.) | Rs | 173.6 | 183.2 | 147.0 | 116.6 | 140.1 |
Diluted earnings per share | Rs | 173.4 | 183.0 | 146.9 | 116.5 | 140.0 |
Cash flow per share (Unadj.) | Rs | 198.5 | 216.5 | 177.9 | 146.0 | 168.8 |
Dividends per share (Unadj.) | Rs | 87.00 | 90.00 | 105.00 | 95.00 | 100.00 |
Adj. dividends per share | Rs | 86.92 | 89.92 | 104.93 | 94.95 | 99.96 |
Avg Dividend yield | % | 2.7 | 4.0 | 4.1 | 3.6 | 3.9 |
Book value per share (Unadj.) | Rs | 656.4 | 720.5 | 770.7 | 791.9 | 831.7 |
Adj. book value per share | Rs | 655.8 | 719.8 | 770.2 | 791.4 | 831.3 |
Shares outstanding (eoy) | m | 199.73 | 199.74 | 199.78 | 199.81 | 199.84 |
Bonus / Rights / Conversions | | 0 | 0 | 0 | 0 | 0 |
Price / Sales ratio | x | 1.9 | 1.5 | 1.7 | 1.8 | 1.5 |
Avg P/E ratio | x | 18.4 | 12.3 | 17.6 | 22.5 | 18.2 |
P/CF ratio (eoy) | x | 16.1 | 10.4 | 14.5 | 17.9 | 15.1 |
Price / Book Value ratio | x | 4.9 | 3.1 | 3.4 | 3.3 | 3.1 |
Dividend payout | % | 50.1 | 49.1 | 71.4 | 81.5 | 71.4 |
Avg Mkt Cap | Rs m | 637,049 | 449,034 | 516,776 | 523,207 | 508,687 |
No. of employees | `000 | NA | NA | NA | NA | NA |
Total wages/salary | Rs m | 15,794 | 16,839 | 17,349 | 17,681 | 19,611 |
Avg. sales/employee | Rs Th | 0 | 0 | 0 | 0 | 0 |
Avg. wages/employee | Rs Th | 0 | 0 | 0 | 0 | 0 |
Avg. net profit/employee | Rs Th | 0 | 0 | 0 | 0 | 0 |
INCOME DATA |
Net Sales | Rs m | 339,694 | 292,526 | 309,592 | 295,513 | 341,584 |
Other income | Rs m | 6,867 | 7,306 | 5,579 | 5,550 | 5,690 |
Total revenues | Rs m | 346,561 | 299,832 | 315,171 | 301,063 | 347,274 |
Gross profit | Rs m | 49,528 | 45,916 | 39,560 | 31,436 | 39,725 |
Depreciation | Rs m | 4,981 | 6,645 | 6,182 | 5,874 | 5,731 |
Interest | Rs m | 372 | 466 | 464 | 531 | 1,049 |
Profit before tax | Rs m | 51,043 | 46,111 | 38,493 | 30,581 | 38,636 |
Minority Interest | Rs m | 0 | 0 | 0 | 0 | 0 |
Prior Period Items | Rs m | 0 | 0 | 0 | 0 | 0 |
Extraordinary Inc (Exp) | Rs m | 0 | 0 | 0 | 0 | 0 |
Tax | Rs m | 16,380 | 9,517 | 9,133 | 7,291 | 10,637 |
Profit after tax | Rs m | 34,664 | 36,594 | 29,361 | 23,291 | 27,999 |
Gross profit margin | % | 14.6 | 15.7 | 12.8 | 10.6 | 11.6 |
Effective tax rate | % | 32.1 | 20.6 | 23.7 | 23.8 | 27.5 |
Net profit margin | % | 10.2 | 12.5 | 9.5 | 7.9 | 8.2 |
BALANCE SHEET DATA |
Current assets | Rs m | 84,132 | 86,492 | 113,705 | 105,722 | 94,353 |
Current liabilities | Rs m | 44,092 | 42,791 | 65,045 | 55,176 | 60,126 |
Net working cap to sales | % | 11.8 | 14.9 | 15.7 | 17.1 | 10.0 |
Current ratio | x | 1.9 | 2.0 | 1.7 | 1.9 | 1.6 |
Inventory Days | Days | 100 | 124 | 141 | 147 | 134 |
Debtors Days | Days | 3 | 2 | 3 | 3 | 3 |
Net fixed assets | Rs m | 116,904 | 121,238 | 126,499 | 127,428 | 154,604 |
Share capital | Rs m | 400 | 400 | 400 | 400 | 400 |
"Free" reserves | Rs m | 130,709 | 143,509 | 153,574 | 157,822 | 165,800 |
Net worth | Rs m | 131,108 | 143,908 | 153,974 | 158,222 | 166,199 |
Long term debt | Rs m | 1,248 | 440 | 452 | 362 | 201 |
Total assets | Rs m | 201,036 | 207,730 | 240,204 | 233,150 | 248,957 |
Interest coverage | x | 138.3 | 99.9 | 83.9 | 58.6 | 37.8 |
Debt to equity ratio | x | 0 | 0 | 0 | 0 | 0 |
Sales to assets ratio | x | 1.7 | 1.4 | 1.3 | 1.3 | 1.4 |
Return on assets | % | 17.4 | 17.8 | 12.4 | 10.2 | 11.7 |
Return on equity | % | 26.4 | 25.4 | 19.1 | 14.7 | 16.8 |
Return on capital | % | 38.8 | 32.3 | 25.2 | 19.6 | 23.8 |
Exports to sales | % | 2.4 | 2.6 | 2.8 | 4.9 | 3.2 |
Imports to sales | % | 4.8 | 3.4 | 2.2 | 1.1 | 1.7 |
Exports (fob) | Rs m | 8,320 | 7,618 | 8,669 | 14,460 | 10,882 |
Imports (cif) | Rs m | 16,206 | 10,015 | 6,833 | 3,343 | 5,658 |
Fx inflow | Rs m | 8,320 | 7,618 | 8,669 | 14,460 | 10,882 |
Fx outflow | Rs m | 18,489 | 12,348 | 9,226 | 7,086 | 10,230 |
Net fx | Rs m | -10,168 | -4,730 | -557 | 7,374 | 653 |
CASH FLOW |
From Operations | Rs m | 10,323 | 55,181 | 41,105 | 21,037 | 26,138 |
From Investments | Rs m | 12,976 | -28,191 | -22,893 | -2,220 | -4,213 |
From Financial Activity | Rs m | -22,524 | -26,018 | -18,518 | -19,753 | -21,472 |
Net Cashflow | Rs m | 775 | 972 | -307 | -936 | 453 |
* Results Consolidated | Source: Company Annual Reports, Regulatory Filings, Equitymaster |
|
Share Holding |
Indian Promoters: | 34.8% |
Foreign collaborators: | 0.0% |
Indian inst/Mut Fund: | 56.4% |
FIIs: | 28.3% |
ADR/GDR: | 0.0% |
Free float: | 65.2% |
Shareholders: | 280,547 |
Pledged promoter(s) holding: | 0.0% |
|
Company Information |
REGD OFF: | The Grand Plaza Plot No.2, Nelson Mandela Road, Vasant Kunj - Phase- I I, New Delhi - 110070 |
E-MAIL: | corporate.communication@heromotocorp.com |
WEB: | www.heromotocorp.com |
TELEPHONE: | 011-46044220 |
FAX: | 011-46044399 |
SECTOR: | AUTOMOBILE TWO & THREE WHEELERS |
GROUP: | Hero |
TR AGENT: | K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.), Karvy Selenium Tower B Plot 31-32, Gachibowli Financial District, Nanakramguda |
AUDITOR: | Deloitte Haskins & Sells |
CHM: | Pawan Munjal |
COMP SEC: | Dhiraj Kapoor |
YEAR OF INC: | 1984 |
BSE CODE: | 500182 |
FV (Rs): | 2 |
DIV YIELD (%): | 2.2 |