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- 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 | 19.6 | 14.4 | 135.9% | View Chart |
| P/BV | x | 4.2 | 4.4 | 95.7% | View Chart |
| Dividend Yield | % | 2.0 | 3.6 | 56.0% |
Financials
 BAJAJ AUTO  HERO MOTOCORP |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| BAJAJ AUTO Mar-18 |
HERO MOTOCORP Mar-18 |
BAJAJ AUTO/ HERO MOTOCORP |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 3,473 | 4,200 | 82.7% | |
| Low | Rs | 2,701 | 3,180 | 84.9% | |
| Sales per share (Unadj.) | Rs | 853.6 | 1,625.4 | 52.5% | |
| Earnings per share (Unadj.) | Rs | 145.8 | 186.4 | 78.2% | |
| Cash flow per share (Unadj.) | Rs | 156.7 | 215.2 | 72.8% | |
| Dividends per share (Unadj.) | Rs | 60.00 | 95.00 | 63.2% | |
| Dividend yield (eoy) | % | 1.9 | 2.6 | 75.5% | |
| Book value per share (Unadj.) | Rs | 705.9 | 599.5 | 117.7% | |
| Shares outstanding (eoy) | m | 289.37 | 199.69 | 144.9% | |
| Bonus/Rights/Conversions | - | - | - | ||
| Price / Sales ratio | x | 3.6 | 2.3 | 159.3% | |
| Avg P/E ratio | x | 21.2 | 19.8 | 106.9% | |
| P/CF ratio (eoy) | x | 19.7 | 17.1 | 114.9% | |
| Price / Book Value ratio | x | 4.4 | 6.2 | 71.0% | |
| Dividend payout | % | 41.2 | 51.0 | 80.7% | |
| Avg Mkt Cap | Rs m | 893,227 | 736,856 | 121.2% | |
| No. of employees | `000 | 8.0 | 8.1 | 99.3% | |
| Total wages/salary | Rs m | 10,695 | 15,837 | 67.5% | |
| Avg. sales/employee | Rs Th | 30,825.3 | 40,241.0 | 76.6% | |
| Avg. wages/employee | Rs Th | 1,334.7 | 1,963.4 | 68.0% | |
| Avg. net profit/employee | Rs Th | 5,265.1 | 4,614.6 | 114.1% | |
| INCOME DATA | |||||
|---|---|---|---|---|---|
| Net Sales | Rs m | 247,003 | 324,584 | 76.1% | |
| Other income | Rs m | 12,123 | 5,232 | 231.7% | |
| Total revenues | Rs m | 259,126 | 329,815 | 78.6% | |
| Gross profit | Rs m | 50,693 | 53,251 | 95.2% | |
| Depreciation | Rs m | 3,148 | 5,750 | 54.7% | |
| Interest | Rs m | 13 | 308 | 4.3% | |
| Profit before tax | Rs m | 59,654 | 52,424 | 113.8% | |
| Minority Interest | Rs m | 0 | 497 | 0.0% | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | -320 | 0 | - | |
| Tax | Rs m | 17,145 | 15,699 | 109.2% | |
| Profit after tax | Rs m | 42,189 | 37,222 | 113.3% | |
| Gross profit margin | % | 20.5 | 16.4 | 125.1% | |
| Effective tax rate | % | 28.7 | 29.9 | 96.0% | |
| Net profit margin | % | 17.1 | 11.5 | 148.9% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 92,508 | 90,022 | 102.8% | |
| Current liabilities | Rs m | 41,114 | 44,814 | 91.7% | |
| Net working cap to sales | % | 20.8 | 13.9 | 149.4% | |
| Current ratio | x | 2.3 | 2.0 | 112.0% | |
| Inventory Days | Days | 11 | 11 | 101.4% | |
| Debtors Days | Days | 22 | 16 | 137.4% | |
| Net fixed assets | Rs m | 18,895 | 53,164 | 35.5% | |
| Share capital | Rs m | 2,894 | 399 | 724.5% | |
| "Free" reserves | Rs m | 201,359 | 119,315 | 168.8% | |
| Net worth | Rs m | 204,252 | 119,715 | 170.6% | |
| Long term debt | Rs m | 0 | 1,496 | 0.0% | |
| Total assets | Rs m | 251,410 | 173,967 | 144.5% | |
| Interest coverage | x | 4,554.7 | 171.2 | 2,660.3% | |
| Debt to equity ratio | x | 0 | 0 | 0.0% | |
| Sales to assets ratio | x | 1.0 | 1.9 | 52.7% | |
| Return on assets | % | 16.8 | 21.6 | 77.8% | |
| Return on equity | % | 20.7 | 31.1 | 66.4% | |
| Return on capital | % | 29.1 | 43.9 | 66.2% | |
| 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 | 92,815 | 7,376 | 1,258.3% | |
| Fx outflow | Rs m | 6,734 | 12,633 | 53.3% | |
| Net fx | Rs m | 86,081 | -5,257 | -1,637.4% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | 43,278 | 40,172 | 107.7% | |
| From Investments | Rs m | -20,531 | -18,582 | 110.5% | |
| From Financial Activity | Rs m | -18,853 | -21,025 | 89.7% | |
| Net Cashflow | Rs m | 4,881 | 566 | 863.1% | |
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 TI FINANCIAL HOLDINGS ESCORTS
Compare BAJAJ AUTO With: DONGFENG MOTOR (China) HYUNDAI (S. Korea) SAIC MOTOR (China) FORD (US)
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Related Views on News
HERO MOTOCORP Announces Quarterly Results (3QFY19); Net Profit Down 4.5% (Quarterly Result Update)
Feb 1, 2019 | Updated on Feb 1, 2019For the quarter ended December 2018, HERO MOTOCORP has posted a net profit of Rs 8 bn (down 4.5% YoY). Sales on the other hand came in at Rs 79 bn (up 7.7% YoY). Read on for a complete analysis of HERO MOTOCORP's quarterly results.
BAJAJ AUTO Announces Quarterly Results (3QFY19); Net Profit Up 15.8% (Quarterly Result Update)
Jan 31, 2019 | Updated on Jan 31, 2019For the quarter ended December 2018, BAJAJ AUTO has posted a net profit of Rs 11 bn (up 15.8% YoY). Sales on the other hand came in at Rs 74 bn (up 16.3% YoY). Read on for a complete analysis of BAJAJ AUTO's quarterly results.
BAJAJ AUTO Announces Quarterly Results (2QFY19); Net Profit Up 3.6% (Quarterly Result Update)
Nov 9, 2018 | Updated on Nov 9, 2018For the quarter ended September 2018, BAJAJ AUTO has posted a net profit of Rs 12 bn (up 3.6% YoY). Sales on the other hand came in at Rs 80 bn (up 21.6% YoY). Read on for a complete analysis of BAJAJ AUTO's quarterly results.
HERO MOTOCORP Announces Quarterly Results (2QFY19); Net Profit Down 3.4% (Quarterly Result Update)
Oct 19, 2018 | Updated on Oct 19, 2018For the quarter ended September 2018, HERO MOTOCORP has posted a net profit of Rs 10 bn (down 3.4% YoY). Sales on the other hand came in at Rs 91 bn (up 8.7% YoY). Read on for a complete analysis of HERO MOTOCORP's quarterly results.
HERO MOTOCORP 2017-18 Annual Report Analysis (Annual Result Update)
Aug 9, 2018 | Updated on Aug 9, 2018Here's an analysis of the annual report of HERO MOTOCORP for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of HERO MOTOCORP. Also includes updates on the valuation of HERO MOTOCORP.
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