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Daily Range
Daily RangeToday's Low
₹ 4,734.50
Today's High
₹ 4,853.95
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52 Weeks Range
52 Weeks Low
₹ 2,246.00
52 Weeks High
₹ 2,938.60
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Momentum of the Stock
Momentum of the Stock ![]()
Bullish
Bullish![]()
Circuit Limit
Lower
₹ 4,298.25
Upper
₹ 5,253.35
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Financials Strength Score
Financials Strength Score Piotroski Score
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Company Profile
Hero MotoCorp Limited designs, develops, manufactures, assembles, and sells vehicles. It offers motorcycles and scooters. The company also provides engines, as well as related parts and accessories. It has operations in India, Bangladesh, Myanmar, Nepal, Sri Lanka, Angola, Burkina Faso, the Democratic Republic of Congo, Ethiopia, Ghana, Guinea, Ivory Coast, Kenya, Liberia, Madagascar, Mozambique, Nigeria, South Africa, Tanzania, Uganda, Egypt, Iran, Turkey, Zambia, Djibouti, Mauritius, Iraq, the United Arab Emirates, Saudi Arabia, Kuwait, Bahrain, Yemen, Argentina, Bolivia, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Peru, Guyana, Trinidad and Tobago, Austria, and Germany. Hero MotoCorp Limited has a strategic partnership with Gogoro Inc. to enhance the shift to sustainable electric mobility in India. The company was formerly known as Hero Honda Motors Ltd. and changed its name to Hero MotoCorp Limited in July 2011. Hero MotoCorp Limited was incorporated in 1984 and is headquartered in New Delhi, India.
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Companies under the same Group
Companies under the same Group
Munjal Showa
Munjal Auto Inds
Shivam Autotech
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Key Metrics
Key MetricsStandalone
Consolidated
No of shares Outstanding
20.0 Cr.
EPS-TTM
₹206.90
Face Value
₹2.00
Book Value
₹950.53
Net Asset Value
₹831.62
ROE
17.26%
ROA
11.62%
ROCE
23.93%
Dividend Yield
2.93%
Total Debt
₹ 0.0 Cr.
Sales Growth
15.59%
PAT Growth
20.22%
Financials
| Particulars | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 9,435.3 | 10,572.2 | 11,370.5 | 8,649.2 | 8,413.2 | 9,002.2 | 7,570.5 | 6,303.3 | 5,379.7 | 5,558.3 |
| Total Non-Current Assets | 15,460.4 | 12,742.8 | 12,649.9 | 12,123.8 | 11,690.4 | 9,845.5 | 8,823.7 | 7,553.4 | 5,201.1 | 4,457.3 |
| Total Assets | 24,895.7 | 23,315.0 | 24,020.4 | 20,773.0 | 20,103.6 | 18,847.7 | 16,394.2 | 13,856.7 | 10,580.8 | 10,015.6 |
| Total Current Liabilities | 6,012.6 | 5,517.6 | 6,504.5 | 4,279.1 | 4,409.2 | 4,481.4 | 4,176.7 | 3,571.5 | 3,986.2 | 4,423.6 |
| Total Non-Current Liabilities | 2,102.5 | 1,802.7 | 1,956.3 | 1,947.1 | 2,457.9 | 2,301.7 | 1,834.7 | 1,396.5 | 36.0 | -31.5 |
| Shareholder's Funds | 16,655.6 | 15,846.7 | 15,416.4 | 14,406.3 | 13,120.4 | 11,971.5 | 10,315.5 | 8,834.1 | 6,540.0 | 5,622.6 |
| Total Liabilities | 24,895.7 | 23,315.0 | 24,020.4 | 20,773.0 | 20,103.6 | 18,847.7 | 16,394.2 | 13,856.7 | 10,580.8 | 10,015.6 |
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Financial Statement Analysis
Price to BV
The Industry Price to BV stands at 11.01, vs the Price to BV of 6.61, which results in a Negative aspect.
Debt to Equity Ratio
The Industry Debt to Equity Ratio stands at 0.65, vs the Debt to Equity Ratio of 0.01, which results in a Positive aspect.
Current Ratio
The Industry Current Ratio stands at 1.86, vs the Current Ratio of 2.02, which results in a Positive aspect.
Quick Ratio
The Industry Quick Ratio stands at 1.60, vs the Quick Ratio of 1.72, which results in a Positive aspect.
| Particulars | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Income | 34,158.4 | 29,551.3 | 30,959.2 | 29,254.0 | 33,970.8 | 32,458.4 | 28,610.4 | 28,457.1 | 27,538.0 | 25,275.5 |
| Total Expenditure | 30,189.0 | 26,208.7 | 26,956.7 | 25,374.3 | 29,078.7 | 27,133.3 | 24,034.5 | 24,059.4 | 24,056.1 | 21,746.2 |
| Operating Profit(Excl OI) | 4,538.4 | 3,897.6 | 4,560.4 | 4,610.2 | 5,578.8 | 5,848.2 | 5,097.9 | 4,810.5 | 3,974.0 | 3,973.5 |
| Add: Other Income | 569.0 | 555.0 | 557.9 | 730.6 | 686.7 | 523.2 | 522.0 | 412.8 | 492.1 | 444.2 |
| Operating Profit | 4,538.4 | 3,897.6 | 4,560.4 | 4,610.2 | 5,578.8 | 5,848.2 | 5,097.9 | 4,810.5 | 3,974.0 | 3,973.5 |
| Less: Interest | 104.9 | 53.1 | 46.4 | 46.6 | 37.2 | 30.8 | 27.3 | 14.6 | 11.7 | 11.8 |
| PBDT | 4,433.6 | 3,844.5 | 4,514.0 | 4,563.6 | 5,541.6 | 5,817.4 | 5,070.6 | 4,795.9 | 3,962.3 | 3,961.7 |
| Less: Depreciation Amortization | 573.1 | 587.4 | 618.2 | 664.5 | 498.1 | 575.0 | 502.3 | 443.3 | 525.7 | 1,097.6 |
| PBT & Exceptional Items | 3,860.5 | 3,257.2 | 3,895.9 | 3,899.1 | 5,043.5 | 5,242.4 | 4,568.4 | 4,352.7 | 3,436.7 | 2,864.1 |
| Less: Exceptional Income Expenses | 0.0 | 0.0 | 0.0 | 677.4 | 0.0 | 0.0 | 0.0 | 0.0 | -144.7 | 0.0 |
| Profit Before Tax | 3,863.6 | 3,058.1 | 3,849.3 | 4,611.1 | 5,104.3 | 5,292.1 | 4,885.4 | 4,387.0 | 3,292.0 | 2,864.1 |
| Less: Taxation | 1,063.7 | 729.1 | 913.3 | 951.7 | 1,638.0 | 1,569.9 | 1,339.1 | 1,274.7 | 943.5 | 758.2 |
| Profit After Tax | 2,799.9 | 2,329.1 | 2,936.1 | 3,659.4 | 3,466.4 | 3,722.2 | 3,546.3 | 3,112.3 | 2,348.5 | 2,105.9 |
| Earnings Per Share | 140.6 | 116.0 | 146.0 | 182.1 | 172.4 | 186.3 | 179.5 | 157.3 | 118.4 | 105.3 |
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Financial Statement Analysis
PE Ratio
The Industry PE Ratio stands at 45.60, vs the PE Ratio of 30.34, which results in a Negative aspect.
Dividend Yield
The Industry Dividend Yield stands at 0.92, vs the Dividend Yield of 2.26, which results in a Positive aspect.
PAT Growth
The Industry PAT Growth stands at 8.34, vs the PAT Growth of 5.57, which results in a Negative aspect.
PAT Margin
The Industry PAT Margin stands at 13.59, vs the PAT Margin of 12.81, which results in a Negative aspect.
| Particulars | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profit Before Tax | 3,863.6 | 3,058.1 | 3,849.3 | 4,611.1 | 5,104.3 | 5,292.1 | 4,885.4 | 4,387.0 | 3,292.0 | 2,864.1 |
| Tax Paid | -856.6 | -784.1 | -980.8 | -552.8 | -2,070.5 | -1,513.0 | -1,187.0 | -1,103.4 | -999.8 | -649.5 |
| Adjustment | 227.0 | 498.1 | 304.2 | 264.4 | -55.8 | 40.7 | -131.2 | 115.8 | 249.3 | 693.3 |
| Changes In Working Capital | 3,863.6 | 3,058.1 | 3,849.3 | 4,611.1 | 5,104.3 | 5,292.1 | 4,885.4 | 4,387.0 | 3,292.0 | 2,864.1 |
| Cash Flow after changes in Working Capital | 3,470.4 | 2,887.8 | 5,091.2 | 6,070.9 | 3,102.7 | 5,530.2 | 5,194.2 | 4,825.8 | 3,185.4 | 3,612.5 |
| Cash Flow from Operating Activities | 2,613.8 | 2,103.7 | 4,110.5 | 5,518.1 | 1,032.3 | 4,017.2 | 4,007.2 | 3,722.4 | 2,185.5 | 2,963.0 |
| Cash Flow from Investing Activities | -421.3 | -222.0 | -2,289.3 | -2,819.1 | 1,297.6 | -1,858.2 | -1,972.0 | -2,300.2 | 31.4 | -1,617.8 |
| Cash Flow from Financing Activities | -2,147.2 | -1,975.3 | -1,851.8 | -2,601.8 | -2,252.4 | -2,102.5 | -2,035.9 | -1,474.7 | -2,131.1 | -1,413.7 |
| Net Cash Inflow / Outflow | 45.3 | -93.6 | -30.7 | 97.2 | 77.5 | 56.6 | -0.6 | -52.5 | 85.8 | -68.5 |
| Opening Cash & Cash Equivalents | 181.0 | 274.6 | 305.3 | 208.1 | 130.6 | 74.1 | 74.7 | 127.2 | 68.7 | 135.0 |
| Closing Cash & Cash Equivalent | 226.3 | 181.0 | 274.6 | 305.3 | 208.1 | 130.6 | 74.1 | 74.7 | 154.5 | 68.7 |
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Financial Statement Analysis
PCF RATIO
The Industry PCF RATIO stands at 20.30, vs the PCF RATIO of 5.77, which results in a Negative aspect.
PFCF Ratio
The Industry PFCF Ratio stands at 29.80, vs the PFCF Ratio of 7.22, which results in a Negative aspect.
| Particulars | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 | Dec 2021 | Sep 2021 | Jun 2021 | Mar 2021 | Dec 2020 | Sep 2020 | Jun 2020 | Mar 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 97,878.6 | 95,330.7 | 88,510.1 | 84,342.8 | 81,183.3 | 91,582.3 | 84,475.4 | 74,965.5 | 80,130.8 | 85,388.5 | 55,028.0 | 86,897.4 | 98,270.5 | 94,733.2 | 29,690.8 | 63,338.9 |
| Total Income | 100,314.3 | 97,411.7 | 90,765.5 | 86,718.2 | 83,002.8 | 92,522.2 | 85,030.7 | 76,279.9 | 81,333.0 | 86,968.0 | 56,482.0 | 87,580.1 | 100,326.0 | 96,072.5 | 31,192.2 | 64,909.2 |
| Total Expenditure | 84,029.8 | 81,735.2 | 76,393.8 | 73,100.8 | 71,766.0 | 80,717.6 | 75,061.7 | 66,406.0 | 70,299.8 | 74,528.4 | 49,830.9 | 74,631.0 | 83,795.0 | 81,650.6 | 28,520.2 | 56,479.8 |
| PBIDT (Excl OI) | 13,848.8 | 13,595.5 | 12,116.3 | 11,242.0 | 9,417.3 | 10,864.7 | 9,413.7 | 8,559.5 | 9,831.0 | 10,860.1 | 5,197.1 | 12,266.4 | 14,475.5 | 13,082.6 | 1,170.6 | 6,859.1 |
| Other Income | 2,435.7 | 2,081.0 | 2,255.4 | 2,375.4 | 1,819.5 | 939.9 | 555.3 | 1,314.4 | 1,202.2 | 1,579.5 | 1,454.0 | 682.7 | 2,055.6 | 1,339.3 | 1,501.4 | 1,570.3 |
| Operating Profit | 16,284.5 | 15,676.5 | 14,371.7 | 13,617.4 | 11,236.8 | 11,804.6 | 9,969.0 | 9,873.9 | 11,033.2 | 12,439.6 | 6,651.1 | 12,949.1 | 16,531.1 | 14,421.9 | 2,672.0 | 8,429.4 |
| Interest | 227.4 | 249.8 | 210.1 | 191.1 | 241.9 | 476.6 | 139.2 | 129.7 | 127.0 | 139.7 | 134.6 | 126.1 | 109.0 | 107.1 | 121.9 | 101.3 |
| Exceptional Items | 0.0 | 0.0 | -1,599.9 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| PBDT | 16,057.1 | 15,426.7 | 12,561.7 | 13,426.3 | 10,994.9 | 11,328.0 | 9,829.8 | 9,744.2 | 10,906.2 | 12,299.9 | 6,516.5 | 12,823.0 | 16,422.1 | 14,314.8 | 2,550.1 | 8,328.1 |
| Depreciation | 1,939.2 | 1,870.9 | 1,797.4 | 1,797.5 | 1,719.7 | 1,728.3 | 1,728.4 | 1,683.8 | 1,743.9 | 1,739.0 | 1,728.5 | 1,735.1 | 1,796.1 | 1,834.6 | 1,785.4 | 1,826.2 |
| Profit Before Tax | 14,117.9 | 13,555.8 | 10,764.3 | 11,628.8 | 9,275.2 | 9,599.7 | 8,101.4 | 8,060.4 | 9,162.3 | 10,560.9 | 4,788.0 | 11,087.9 | 14,626.0 | 12,480.2 | 764.7 | 6,501.9 |
| Tax | 3,649.6 | 3,530.6 | 2,814.0 | 3,173.7 | 2,893.1 | 2,536.0 | 2,034.4 | 1,651.7 | 2,317.4 | 2,453.6 | 867.9 | 2,612.6 | 3,347.5 | 2,971.7 | 200.9 | 237.2 |
| Provisions and contingencies | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Profit After Tax | 10,468.3 | 10,025.2 | 7,950.3 | 8,455.1 | 6,382.1 | 7,063.7 | 6,067.0 | 6,408.7 | 6,844.9 | 8,107.3 | 3,920.1 | 8,475.3 | 11,278.5 | 9,508.5 | 563.8 | 6,264.7 |
| Net Profit | 10,468.3 | 10,025.2 | 7,950.3 | 8,455.1 | 6,382.1 | 7,063.7 | 6,067.0 | 6,408.7 | 6,844.9 | 8,107.3 | 3,920.1 | 8,475.3 | 11,278.5 | 9,508.5 | 563.8 | 6,264.7 |
| ADDITIONAL INFOS: | ||||||||||||||||
| Equity Capital | 399.8 | 399.7 | 399.7 | 399.7 | 399.7 | 399.6 | 399.6 | 399.6 | 399.6 | 399.6 | 399.6 | 399.6 | 399.5 | 399.5 | 399.5 | 399.5 |
| Reserves | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| EPS | 54.7 | 50.3 | 35.5 | 40.3 | 36.3 | 34.5 | 29.6 | 30.6 | 35.2 | 37.3 | 12.8 | 44.1 | 51.0 | 48.0 | 3.0 | 30.3 |
| Operating Profit Margin | 16.6 | 16.4 | 16.2 | 16.1 | 13.8 | 12.9 | 11.8 | 13.2 | 13.8 | 14.6 | 12.1 | 14.9 | 16.8 | 15.2 | 9.0 | 13.3 |
| Net Profit Margin | 10.7 | 10.5 | 9.0 | 10.0 | 7.9 | 7.7 | 7.2 | 8.5 | 8.5 | 9.5 | 7.1 | 9.8 | 11.5 | 10.0 | 1.9 | 9.9 |
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Financial Statement Analysis
Mcap Growth
The Industry Mcap Growth stands at 17.31, vs the Mcap Growth of -37.61, which results in a Negative aspect.
Net Sales Growth
The Industry Net Sales Growth stands at 7.11, vs the Net Sales Growth of -13.89, which results in a Negative aspect.
Technicals
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Pivot Levels
Pivot Levels Check Advanced Levels ![]()
| Type | Classic | Woodie | Camarilla |
|---|---|---|---|
| R4 | 5,014.70 | 5,143.36 | 4,841.50 |
| R3 | 4,961.12 | 4,954.98 | 4,808.65 |
| R2 | 4,907.53 | 4,904.46 | 4,797.70 |
| R1 | 4,841.67 | 4,835.53 | 4,786.75 |
| Pivot | 4,788.08 | 4,785.01 | 4,788.08 |
| S1 | 4,722.22 | 4,716.08 | 4,764.85 |
| S2 | 4,668.63 | 4,665.56 | 4,753.90 |
| S3 | 4,602.77 | 4,596.63 | 4,742.95 |
| S4 | 4,536.90 | 4,426.66 | 4,710.10 |
(All Values are in INR)
The Pivot level gives the user an indication about key support & resistance levels for a selected stock.
EMA & SMA Levels 
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Beta
Beta 1 Day
0.58
1 Week
0.59
1 Month
0.57
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Indicators
Stoch RSI
100.00
Bearish
RSI
80.85
Bearish
ROC
-4.28
Bearish
UltimateOscillator
41.65
Neutral
Williams Indicator
-53.25
Neutral
CCI Indicator
-42.24
Neutral
MACD
540.94
Bullish
Stochastic Indicator
44.59
Neutral
ATR
252.62
High Volatility
Corporate Actions
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Corporate Actions - Board Meet
Corporate Actions - Board Meet | Ex-Date | Ratio | Record Date |
|---|
| Ex-Date | Ratio | Record Date |
|---|---|---|
| Announcement Date | Dividend Amount | Dividend Percentage of FV | Dividend Type |
|---|---|---|---|
| 21-02-2024 | 75.00 | 3750 | Interim |
| 21-02-2024 | 25.00 | 1250 | Special |
| 27-07-2023 | 35.00 | 1750 | Final |
| 17-02-2023 | 65.00 | 3250 | Interim |
| 27-07-2022 | 35.00 | 1750 | Final |
| 21-02-2022 | 60.00 | 3000 | Interim |
| 22-07-2021 | 25.00 | 1250 | Final |
| 22-07-2021 | 10.00 | 500 | Special |
| Date Of Conduct | Board Meeting Details |
|---|---|
| 14-11-2024 | Quarterly Results |
| 09-02-2024 | Quarterly Results & Interim Dividend |
| 01-11-2023 | Quarterly Results |
| 10-08-2023 | Quarterly Results |
| 04-05-2023 | Quarterly Results & Final Dividend & Audited Results |
| 07-02-2023 | Quarterly Results & Interim Dividend |
| 03-11-2022 | Quarterly Results |
| 12-08-2022 | Quarterly Results |
| 03-05-2022 | Audited Results & Final Dividend |
| 10-02-2022 | Quarterly Results & Interim Dividend |
| 12-11-2021 | Quarterly Results |
| 12-08-2021 | Quarterly Results |
| 06-05-2021 | Audited Results & Final Dividend |