The current market price of Hero MotoCorp is Rs 2929.4. Time period given by analyst is one year when Hero MotoCorp Ltd. price can reach defined target.
Hero MotoCorp Ltd., incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 58411.83 Crore) operating in Auto sector.
Hero MotoCorp Ltd. key Products/Revenue Segments include Motorised Two Wheelers Upto 350cc Engine Capacity, Spares (Two Wheelers), Other Operating Revenue, Sale of services and Duty Drawback for the year ending 31-Mar-2021.
Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 5648.20 Crore, down -35.51 % from last quarter Total Income of Rs 8758.01 Crore and up 81.08 % from last year same quarter Total Income of Rs 3119.22 Crore. Company reported net profit after tax of Rs 392.01 Crore in latest quarter.
Investment Rationale
Revenues are expected to decline on lower volumes (-20% yoy). Realization is likely to be higher by 6%, owing to price hikes. EBITDA margin may contract due to lower scale and delays in the pass-through of commodity inflation.
Promoter/FII Holdings
Promoters held 34.76 per cent stake in the company as of 30-Sep-2021, while FIIs owned 45.23 per cent, DIIs 9.02 per cent.
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