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- HERO MOTOCORP - BAJAJ AUTO
HERO MOTOCORP vs BAJAJ AUTO - Comparison Results
HERO MOTOCORP Change
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
BAJAJ AUTO 
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
Current Valuations
| HERO MOTOCORP | BAJAJ AUTO | HERO MOTOCORP/ BAJAJ AUTO |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | 20.7 | 23.5 | 88.1% | View Chart |
| P/BV | x | 3.9 | 4.8 | 81.4% | View Chart |
| Dividend Yield | % | 3.2 | 3.3 | 95.6% |
Financials
 HERO MOTOCORP  BAJAJ AUTO |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| HERO MOTOCORP Mar-20 |
BAJAJ AUTO Mar-20 |
HERO MOTOCORP/ BAJAJ AUTO |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 3,021 | 3,315 | 91.1% | |
| Low | Rs | 1,475 | 1,793 | 82.3% | |
| Sales per share (Unadj.) | Rs | 1,464.7 | 1,033.9 | 141.7% | |
| Earnings per share (Unadj.) | Rs | 183.2 | 180.1 | 101.7% | |
| Cash flow per share (Unadj.) | Rs | 225.6 | 188.6 | 119.6% | |
| Dividends per share (Unadj.) | Rs | 90.00 | 120.00 | 75.0% | |
| Dividend yield (eoy) | % | 4.0 | 4.7 | 85.2% | |
| Book value per share (Unadj.) | Rs | 721.3 | 748.6 | 96.4% | |
| Shares outstanding (eoy) | m | 199.73 | 289.37 | 69.0% | |
| Bonus/Rights/Conversions | - | - | - | ||
| Price / Sales ratio | x | 1.5 | 2.5 | 62.1% | |
| Avg P/E ratio | x | 12.3 | 14.2 | 86.5% | |
| P/CF ratio (eoy) | x | 10.0 | 13.5 | 73.6% | |
| Price / Book Value ratio | x | 3.1 | 3.4 | 91.4% | |
| Dividend payout | % | 49.1 | 66.6 | 73.7% | |
| Avg Mkt Cap | Rs m | 449,013 | 739,051 | 60.8% | |
| No. of employees | `000 | 8.6 | 10.7 | 80.2% | |
| Total wages/salary | Rs m | 18,893 | 13,908 | 135.8% | |
| Avg. sales/employee | Rs Th | 34,020.2 | 27,914.4 | 121.9% | |
| Avg. wages/employee | Rs Th | 2,197.1 | 1,297.6 | 169.3% | |
| Avg. net profit/employee | Rs Th | 4,255.6 | 4,862.8 | 87.5% | |
| INCOME DATA | |||||
|---|---|---|---|---|---|
| Net Sales | Rs m | 292,540 | 299,187 | 97.8% | |
| Other income | Rs m | 7,306 | 15,246 | 47.9% | |
| Total revenues | Rs m | 299,845 | 314,432 | 95.4% | |
| Gross profit | Rs m | 40,609 | 54,172 | 75.0% | |
| Depreciation | Rs m | 8,458 | 2,464 | 343.2% | |
| Interest | Rs m | 466 | 32 | 1,475.9% | |
| Profit before tax | Rs m | 38,991 | 66,921 | 58.3% | |
| Minority Interest | Rs m | 346 | 0 | - | |
| Prior Period Items | Rs m | 6,774 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | 9,517 | 14,802 | 64.3% | |
| Profit after tax | Rs m | 36,594 | 52,119 | 70.2% | |
| Gross profit margin | % | 13.9 | 18.1 | 76.7% | |
| Effective tax rate | % | 24.4 | 22.1 | 110.3% | |
| Net profit margin | % | 12.5 | 17.4 | 71.8% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 86,492 | 66,160 | 130.7% | |
| Current liabilities | Rs m | 42,791 | 42,533 | 100.6% | |
| Net working cap to sales | % | 14.9 | 7.9 | 189.2% | |
| Current ratio | x | 2.0 | 1.6 | 129.9% | |
| Inventory Days | Days | 16 | 13 | 123.3% | |
| Debtors Days | Days | 19 | 21 | 89.6% | |
| Net fixed assets | Rs m | 68,643 | 17,592 | 390.2% | |
| Share capital | Rs m | 400 | 2,894 | 13.8% | |
| "Free" reserves | Rs m | 143,663 | 213,727 | 67.2% | |
| Net worth | Rs m | 144,063 | 216,621 | 66.5% | |
| Long term debt | Rs m | 440 | 0 | - | |
| Total assets | Rs m | 196,741 | 265,100 | 74.2% | |
| Interest coverage | x | 84.6 | 2,118.8 | 4.0% | |
| Debt to equity ratio | x | 0 | 0 | - | |
| Sales to assets ratio | x | 1.5 | 1.1 | 131.8% | |
| Return on assets | % | 18.8 | 19.7 | 95.8% | |
| Return on equity | % | 25.4 | 24.1 | 105.6% | |
| Return on capital | % | 32.2 | 30.9 | 104.3% | |
| 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 | 7,618 | 118,724 | 6.4% | |
| Fx outflow | Rs m | 12,348 | 9,085 | 135.9% | |
| Net fx | Rs m | -4,730 | 109,639 | -4.3% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | 55,181 | 38,504 | 143.3% | |
| From Investments | Rs m | -28,191 | 15,561 | -181.2% | |
| From Financial Activity | Rs m | -26,018 | -62,465 | 41.7% | |
| Net Cashflow | Rs m | 972 | -6,302 | -15.4% | |
Share Holding
| Indian Promoters | % | 52.2 | 49.2 | 106.1% | |
| Foreign collaborators | % | 0.0 | 0.0 | - | |
| Indian inst/Mut Fund | % | 8.5 | 10.6 | 80.0% | |
| FIIs | % | 30.6 | 15.0 | 204.0% | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 8.8 | 25.1 | 35.1% | |
| Shareholders | 75,661 | 78,518 | 96.4% | ||
| Pledged promoter(s) holding | % | 0.0 | 0.1 | - |
Compare HERO MOTOCORP With: EICHER MOTOR SML ISUZU M&M ATUL AUTO ATLAS CYCLE (HAR)
Compare HERO MOTOCORP With: DONGFENG MOTOR (China) SAIC MOTOR (China) HYUNDAI (S. Korea) FORD (US)
Today's Market
Sensex Ends 244 Points Lower, Nifty Ends Below 14,300; UltraTech Cement & HCL Tech Top Losers(Closing)
Indian share markets witnessed volatile trading activity throughout the day today and ended lower.
Related Views on News
HERO MOTOCORP Announces Quarterly Results (3QFY21); Net Profit Up 23.2% (Quarterly Result Update)
Feb 10, 2021 | Updated on Feb 10, 2021For the quarter ended December 2020, HERO MOTOCORP has posted a net profit of Rs 11 bn (up 23.2% YoY). Sales on the other hand came in at Rs 98 bn (up 39.7% YoY). Read on for a complete analysis of HERO MOTOCORP's quarterly results.
BAJAJ AUTO Announces Quarterly Results (3QFY21); Net Profit Up 23.3% (Quarterly Result Update)
Jan 22, 2021 | Updated on Jan 22, 2021For the quarter ended December 2020, BAJAJ AUTO has posted a net profit of Rs 16 bn (up 23.3% YoY). Sales on the other hand came in at Rs 89 bn (up 16.6% YoY). Read on for a complete analysis of BAJAJ AUTO's quarterly results.
BAJAJ AUTO Announces Quarterly Results (2QFY21); Net Profit Down 18.9% (Quarterly Result Update)
Oct 23, 2020 | Updated on Oct 23, 2020For the quarter ended September 2020, BAJAJ AUTO has posted a net profit of Rs 11 bn (down 18.9% YoY). Sales on the other hand came in at Rs 70 bn (down 8.6% YoY). Read on for a complete analysis of BAJAJ AUTO's quarterly results.
HERO MOTOCORP Announces Quarterly Results (1QFY21); Net Profit Down 95.1% (Quarterly Result Update)
Sep 10, 2020 | Updated on Sep 10, 2020For the quarter ended June 2020, HERO MOTOCORP has posted a net profit of Rs 613 m (down 95.1% YoY). Sales on the other hand came in at Rs 30 bn (down 63.0% YoY). Read on for a complete analysis of HERO MOTOCORP's quarterly results.
HERO MOTOCORP 2019-20 Annual Report Analysis (Annual Result Update)
Aug 6, 2020 | Updated on Aug 6, 2020Here's an analysis of the annual report of HERO MOTOCORP for 2019-20. 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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Apr 20, 2021 (Close)
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