MEMBER'S LOGINX
| Login Failure | ||||||||
|
||||||||
| Sign Up | Forgot Password? | ||||||||
- Home
- Research It
- Compare Company
- Indian - automobiles
- BAJAJ AUTO - HERO MOTOCORP
BAJAJ AUTO vs HERO MOTOCORP - Comparison Results
BAJAJ AUTO Change
Bajaj Auto enjoys a 25.4% market share (FY12) in the motorcycle segment in India. The company's sales mix (in terms of units sold) consists of motorcycles (88%) and three-wheelers (12%). Though the company has traditionally been a key player in the g... More
HERO MOTOCORP 
Hero Motocorp (HMC; erstwhile Hero Honda Motors) is the largest manufacturer of motorcycles in the world. The company was earlier a joint venture promoted by Hero Cycles (P) Limited and Honda Motor Company with each partner holding 26% stake. HMC is ... More
Current Valuations
| BAJAJ AUTO | HERO MOTOCORP | BAJAJ AUTO/ HERO MOTOCORP |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | 16.5 | 12.7 | 129.7% | View Chart |
| P/BV | x | 3.5 | 3.6 | 95.7% | View Chart |
| Dividend Yield | % | 2.2 | 3.7 | 59.0% |
Financials
 BAJAJ AUTO  HERO MOTOCORP |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| BAJAJ AUTO Mar-19 |
HERO MOTOCORP Mar-19 |
BAJAJ AUTO/ HERO MOTOCORP |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 3,214 | 3,862 | 83.2% | |
| Low | Rs | 2,425 | 2,517 | 96.3% | |
| Sales per share (Unadj.) | Rs | 1,045.4 | 1,700.8 | 61.5% | |
| Earnings per share (Unadj.) | Rs | 170.3 | 173.6 | 98.1% | |
| Cash flow per share (Unadj.) | Rs | 179.5 | 204.8 | 87.6% | |
| Dividends per share (Unadj.) | Rs | 60.00 | 87.00 | 69.0% | |
| Dividend yield (eoy) | % | 2.1 | 2.7 | 78.0% | |
| Book value per share (Unadj.) | Rs | 802.9 | 656.9 | 122.2% | |
| Shares outstanding (eoy) | m | 289.37 | 199.73 | 144.9% | |
| Bonus/Rights/Conversions | - | - | - | ||
| Price / Sales ratio | x | 2.7 | 1.9 | 143.8% | |
| Avg P/E ratio | x | 16.6 | 18.4 | 90.1% | |
| P/CF ratio (eoy) | x | 15.7 | 15.6 | 100.9% | |
| Price / Book Value ratio | x | 3.5 | 4.9 | 72.3% | |
| Dividend payout | % | 35.2 | 50.1 | 70.3% | |
| Avg Mkt Cap | Rs m | 815,879 | 637,059 | 128.1% | |
| No. of employees | `000 | 10.3 | 8.6 | 120.0% | |
| Total wages/salary | Rs m | 12,569 | 17,780 | 70.7% | |
| Avg. sales/employee | Rs Th | 29,489.1 | 39,727.3 | 74.2% | |
| Avg. wages/employee | Rs Th | 1,225.3 | 2,079.3 | 58.9% | |
| Avg. net profit/employee | Rs Th | 4,803.7 | 4,053.7 | 118.5% | |
| INCOME DATA | |||||
|---|---|---|---|---|---|
| Net Sales | Rs m | 302,500 | 339,708 | 89.0% | |
| Other income | Rs m | 15,550 | 6,867 | 226.4% | |
| Total revenues | Rs m | 318,050 | 346,576 | 91.8% | |
| Gross profit | Rs m | 53,287 | 50,184 | 106.2% | |
| Depreciation | Rs m | 2,657 | 6,244 | 42.5% | |
| Interest | Rs m | 45 | 372 | 12.0% | |
| Profit before tax | Rs m | 66,136 | 50,435 | 131.1% | |
| Minority Interest | Rs m | 0 | 608 | 0.0% | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 3,420 | 0 | - | |
| Tax | Rs m | 20,280 | 16,380 | 123.8% | |
| Profit after tax | Rs m | 49,276 | 34,664 | 142.2% | |
| Gross profit margin | % | 17.6 | 14.8 | 119.2% | |
| Effective tax rate | % | 30.7 | 32.5 | 94.4% | |
| Net profit margin | % | 16.3 | 10.2 | 159.6% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 70,732 | 84,132 | 84.1% | |
| Current liabilities | Rs m | 48,738 | 44,092 | 110.5% | |
| Net working cap to sales | % | 7.3 | 11.8 | 61.7% | |
| Current ratio | x | 1.5 | 1.9 | 76.1% | |
| Inventory Days | Days | 12 | 13 | 86.4% | |
| Debtors Days | Days | 31 | 29 | 104.7% | |
| Net fixed assets | Rs m | 18,120 | 55,252 | 32.8% | |
| Share capital | Rs m | 2,894 | 400 | 724.3% | |
| "Free" reserves | Rs m | 229,444 | 130,805 | 175.4% | |
| Net worth | Rs m | 232,338 | 131,204 | 177.1% | |
| Long term debt | Rs m | 0 | 1,248 | 0.0% | |
| Total assets | Rs m | 288,344 | 185,044 | 155.8% | |
| Interest coverage | x | 1,477.2 | 136.7 | 1,081.0% | |
| Debt to equity ratio | x | 0 | 0 | 0.0% | |
| Sales to assets ratio | x | 1.0 | 1.8 | 57.1% | |
| Return on assets | % | 17.1 | 18.9 | 90.3% | |
| Return on equity | % | 21.2 | 26.4 | 80.3% | |
| Return on capital | % | 30.0 | 38.8 | 77.2% | |
| Exports to sales | % | 0 | 0 | - | |
| Imports to sales | % | 0 | 0 | - | |
| Exports (fob) | Rs m | NA | NA | - | |
| Imports (cif) | Rs m | NA | NA | - | |
| Fx inflow | Rs m | 114,342 | 8,320 | 1,374.3% | |
| Fx outflow | Rs m | 9,731 | 18,489 | 52.6% | |
| Net fx | Rs m | 104,612 | -10,168 | -1,028.8% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | 24,869 | 10,323 | 240.9% | |
| From Investments | Rs m | -3,384 | 12,976 | -26.1% | |
| From Financial Activity | Rs m | -20,741 | -22,524 | 92.1% | |
| Net Cashflow | Rs m | 1,400 | 775 | 180.7% | |
Share Holding
| Indian Promoters | % | 49.2 | 52.2 | 94.3% | |
| Foreign collaborators | % | 0.0 | 0.0 | - | |
| Indian inst/Mut Fund | % | 10.6 | 8.5 | 125.1% | |
| FIIs | % | 15.0 | 30.6 | 49.0% | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 25.1 | 8.8 | 285.2% | |
| Shareholders | 78,518 | 75,661 | 103.8% | ||
| Pledged promoter(s) holding | % | 0.1 | 0.0 | - |
Compare BAJAJ AUTO With: M&M HINDUSTAN MOTORS MARUTI SUZUKI ATLAS CYCLE (HAR) ESCORTS LIMITED
Compare BAJAJ AUTO With: DONGFENG MOTOR (China) HYUNDAI (S. Korea) SAIC MOTOR (China) FORD (US)
Today's Market
Sensex Rallies 1,000 Points; Bajaj Finance, Titan & Tata Steel Surge Over 7%(12:30 pm)
Share markets in India are presently trading on a strong note after the government eased curbs on most economic activities, even as the lockdown in containment zones was extended till June 30.
Related Views on News
BAJAJ AUTO Announces Quarterly Results (4QFY20); Net Profit Down 7.7% (Quarterly Result Update)
May 21, 2020 | Updated on May 21, 2020For the quarter ended March 2020, BAJAJ AUTO has posted a net profit of Rs 12 bn (down 7.7% YoY). Sales on the other hand came in at Rs 68 bn (down 7.8% YoY). Read on for a complete analysis of BAJAJ AUTO's quarterly results.
HERO MOTOCORP Announces Quarterly Results (3QFY20); Net Profit Up 14.5% (Quarterly Result Update)
Feb 11, 2020 | Updated on Feb 11, 2020For the quarter ended December 2019, HERO MOTOCORP has posted a net profit of Rs 9 bn (up 14.5% YoY). Sales on the other hand came in at Rs 70 bn (down 11.0% YoY). Read on for a complete analysis of HERO MOTOCORP's quarterly results.
BAJAJ AUTO Announces Quarterly Results (3QFY20); Net Profit Up 14.6% (Quarterly Result Update)
Jan 31, 2020 | Updated on Jan 31, 2020For the quarter ended December 2019, BAJAJ AUTO has posted a net profit of Rs 13 bn (up 14.6% YoY). Sales on the other hand came in at Rs 76 bn (up 3.1% YoY). Read on for a complete analysis of BAJAJ AUTO's quarterly results.
HERO MOTOCORP Announces Quarterly Results (2QFY20); Net Profit Down 10.4% (Quarterly Result Update)
Nov 1, 2019 | Updated on Nov 1, 2019For the quarter ended September 2019, HERO MOTOCORP has posted a net profit of Rs 9 bn (down 10.4% YoY). Sales on the other hand came in at Rs 76 bn (down 16.7% YoY). Read on for a complete analysis of HERO MOTOCORP's quarterly results.
BAJAJ AUTO Announces Quarterly Results (2QFY20); Net Profit Up 21.8% (Quarterly Result Update)
Oct 24, 2019 | Updated on Oct 24, 2019For the quarter ended September 2019, BAJAJ AUTO has posted a net profit of Rs 14 bn (up 21.8% YoY). Sales on the other hand came in at Rs 77 bn (down 3.5% YoY). Read on for a complete analysis of BAJAJ AUTO's quarterly results.
More Views on NewsMost Popular
6 Charts Showing the State of Indian Financial Markets in 2020(Sector Info)
May 26, 2020Six charts showing how Indian financial markets have performed in 2020 so far...
This 'Essential Product' Smallcap is a Must Have for a 'Covid-19' Immune Portfolio(Profit Hunter)
May 19, 2020This smallcap company needs no stimulus measures to do well in the long term.
What the RBI's Rate Cut Means for Options Traders(Fast Profits Daily)
May 25, 2020The RBI governor has cut the repo rate to 4%. What does this mean for options traders? Find out in this video.
Which Stocks Should You Buy, Sell, and Hold in the Market Today?(Profit Hunter)
May 21, 2020The coronavirus led uncertainty refuses to go away from the markets. Here's what retail investors should do with their stocks...
MoreOUR TOP 5 IDEAS
- How to Trade the Coronavirus Crash - Download this FREE Report Now
- Are You Making One of These 15 Costly Mistakes While Investing. Learn more!
- A Guide to some of the Most Lucrative Stocks in the Market. Download For Free!
- Free Report: The Secret to Increasing Your Trading Profits Daily!
- No Guessing, No Hunches, and No Missed Trends Ever! Join Us on YouTube Now.
BAJAJ AUTO SHARE PRICE
Jun 1, 2020 12:43 PM
TRACK BAJAJ AUTO
- Track your investment in BAJAJ AUTO with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
- Add To MyStocks
MORE ON BAJAJ AUTO
BAJAJ AUTO 8-QTR ANALYSIS
COMPARE BAJAJ AUTO WITH
OTHER USEFUL LINKS
MARKET STATS
ABOUT EQUITYMASTER
Since 1996, Equitymaster has been the source for honest and credible opinions on investing in India. With solid research and in-depth analysis Equitymaster is dedicated towards making its readers- smarter, more confident and richer every day. Here's why hundreds of thousands of readers spread across more than 70 countries Trust Equitymaster.
FREE NEWSLETTERS
PREMIUM PRODUCTS
QUICK LINKS
APPS
Copyright © Equitymaster Agora Research Private Limited.
Whitelist | Refer | Terms | Privacy | Contact | About | Sitemap
Equitymaster Agora Research Private Limited (Research Analyst) 103, Regent Chambers, Above Status Restaurant, Nariman Point, Mumbai - 400 021. India.
Telephone: +91-22-61434055. Fax: +91-22-22028550. Email: info@equitymaster.com. Website: www.equitymaster.com. CIN:U74999MH2007PTC175407
All rights reserved. Any act of copying, reproducing or distributing this newsletter whether wholly or in part, for any purpose without the permission of Equitymaster is strictly prohibited and shall be deemed to be copyright infringement.
LEGAL DISCLAIMER: Equitymaster Agora Research Private Limited (Research Analyst) bearing Registration No. INH000000537 (hereinafter referred as 'Equitymaster') is an independent equity research Company. Equitymaster is not an Investment Adviser. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and Equitymaster will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein. Information contained herein does not constitute investment advice or a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual subscribers. Before acting on any recommendation, subscribers should consider whether it is suitable for their particular circumstances and, if necessary, seek an independent professional advice. This is not directed for access or use by anyone in a country, especially, USA, Canada or the European Union countries, where such use or access is unlawful or which may subject Equitymaster or its affiliates to any registration or licensing requirement. All content and information is provided on an 'As Is' basis by Equitymaster. Information herein is believed to be reliable but Equitymaster does not warrant its completeness or accuracy and expressly disclaims all warranties and conditions of any kind, whether express or implied. Equitymaster may hold shares in the company/ies discussed herein. As a condition to accessing Equitymaster content and website, you agree to our Terms and Conditions of Use, available here. The performance data quoted represents past performance and does not guarantee future results.
SEBI (Research Analysts) Regulations 2014, Registration No. INH000000537.