Hero MotoCorp Ltd Analyst Rating
based on 37 analysts
62.16%
Buy
18.92%
Hold
18.92%
Sell
Based on 37 analysts offering long term price targets for Hero MotoCorp Ltd. An average target of ₹5199.78
Source: S&P Global Market Intelligence
Hero MotoCorp Ltd Share analysis
Hero MotoCorp Ltd price forecast by 37 analysts
Upside of26.89%
High
₹6664
Target
₹5199.78
Low
₹3430
Hero MotoCorp Ltd target price ₹5199.78, a slight upside of 26.89% compared to current price of ₹4098. According to 37 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Hero MotoCorp Ltd revenue growth forecast
Expected growth rate Q1, FY2027:33.36%
Forecast
Actual
Including amortisation and stock based compensations
Hero MotoCorp Ltd EPS growth forecast
EPS estimate Q1, FY2027:51.43%
Forecast
Actual
Source: S&P Global Market Intelligence
Hero MotoCorp Ltd Performance
Day's Low
Day's High
₹4,050Day's Price Range₹4,12552 Week's Low
52 Week's High
₹3,997.552-Week Price Range₹6,246.25
| Returns % | |
| 1 Month Return | -6.64 % |
| 3 Month Return | -21.44 % |
| 1 Year Return | -6.74 % |
| Market Stats | |
| Previous Close | ₹4,074.10 |
| Open | ₹4,076.00 |
| Volume | 2.11L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹81,481.81Cr |
Hero MotoCorp Ltd Key Statistics
| P/E Ratio | 19.8 |
| PEG Ratio | 0.45 |
| Market Cap | ₹81,481.81 Cr |
| P/B Ratio | 5.24 |
| EPS | 187.2 |
| Dividend Yield | 2.97 |
| Sector | Automobile |
| ROE | 22.88 |
Hero MotoCorp Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹81,481.81 Cr | 13.93% | 0.52 | ₹3,742 Cr | ₹37,788 Cr | |
| BUY | ₹1,38,376.58 Cr | 26.92% | 0.53 | ₹4,001 Cr | ₹16,535 Cr | |
| HOLD | ₹2,39,657.48 Cr | 35.3% | 0.52 | ₹7,708 Cr | ₹44,870 Cr | |
| HOLD | ₹1,08,227.22 Cr | 77.87% | 0.61 | ₹1,778 Cr | ₹39,144 Cr |
About Hero MotoCorp Ltd
Hero MotoCorp’s operations are primarily focused on the design, development, manufacture and sale of motorcycles and scooters. It also provides related services such as finance, insurance, and after-sales services. Its product portfolio includes a range of motorcycles and scooters, with its top-selling models being the Splendor, Passion, HF Deluxe, and Glamour.
The company also owns several popular brands, such as Hero, Hero Xtreme, Hero Maestro, Hero Pleasure, and Hero Duet. It also has a tie-up with American motorcycle manufacturer, Harley-Davidson, to bring the Harley-Davidson Street 750 to India.
Hero MotoCorp is committed to providing quality and innovative products and services to its customers. It has a strong presence in the Indian two-wheeler market and is one of the most trusted and recognizable two-wheeler brands in the country.
Share Price: ₹4098.00 per share as on 17 Jan, 2025 04:01 PM
Market Capitalisation: ₹81,481.81Cr as of today
Revenue: ₹10,482.93Cr as on September 2024 (Q3 24)
Net Profit: ₹1,066.47Cr as on September 2024 (Q3 24)
Listing date: 25 Jan, 1995
Chairperson Name: Pawan Munjal
| Organisation | Hero MotoCorp Ltd |
| Headquarters | New Delhi |
| Industry | Automobile |
| E-voting on shares | Click here to vote |
Key events for Hero MotoCorp Ltd
Hero MotoCorp Expands Electric Vehicle Portfolio - 16 Jan, 2025
Hero MotoCorp is set to launch an all-electric Splendor by 2027, aiming for significant sales. The company targets double-digit revenue growth and plans to invest Rs 1,000 crore in its EV business, anticipating a 50% market share in electric scooters by 2030.Hero MotoCorp Expands EV and Premium Segment Strategy - 15 Jan, 2025
Hero MotoCorp is investing heavily in electric vehicles and expects a rural sales rebound. The company launched the revamped Destini 125 scooter, enhancing its premium offerings.Hero MotoCorp Launches New Destini 125 Scooter - 14 Jan, 2025
Hero MotoCorp has officially launched the new Destini 125 scooter, featuring retro styling, advanced technology, and impressive fuel efficiency of 59 kmpl, starting at ₹80,450.Hero MotoCorp Launches New Models and Reports Growth - 13 Jan, 2025
Hero MotoCorp is set to launch an electric ADV motorcycle and showcased new products at the Bharat Mobility Expo. The company reported a revenue increase of 10.05% and net profit growth in Q2FY24-25, while the Karizma XMR 210 was launched competitively priced against the Pulsar RS200.Hero MotoCorp Faces Challenges Amid Price Correction - 12 Jan, 2025
Hero MotoCorp's shares have corrected 34% from a lifetime high, driven by declining sales figures. Despite this, the company shows resilience with a 10% sales growth year-on-year and stable profit margins. Sharekhan remains bullish, maintaining a BUY rating with a target price of Rs 6,057, citing strong margin expansion and growth potential in the EV market.Hero Splendor Dominates Market Amid Declining Sales - 11 Jan, 2025
Hero MotoCorp's Splendor remains India's best-selling motorcycle, with a 31.7% sales increase. However, other models like Deluxe and Passion have seen significant declines in sales since 2019.Hero MotoCorp Gears Up for Multiple Launches in 2025 - 09 Jan, 2025
Hero MotoCorp is set to launch five new two-wheelers in 2025, including the highly anticipated Xtreme 250R and Xpulse 210. The Xtreme 250R features a powerful 250cc engine and advanced connectivity, aiming to redefine the quarter-litre motorcycle segment in India.Hero MotoCorp Faces Target Cut Amid New Launch - 08 Jan, 2025
Jefferies has reduced Hero MotoCorp's price target to ₹4,900. The company is set to launch the Xtreme 250R at the Bharat Mobility Expo, while also participating in an automotive event showcasing petrol scooters.Hero MotoCorp Reports Strong Revenue Growth - 07 Jan, 2025
Hero MotoCorp reported a 12.6% increase in consolidated revenues for H1FY25, with EBITDA growing by 16.6% and margins improving to 14.5% from 14% in H1FY24.Hero MotoCorp Unveils Exciting New Motorcycles - 06 Jan, 2025
Hero MotoCorp showcased the Xpulse 210 at EICMA, featuring a new liquid-cooled engine and 6-speed gearbox. Anticipation builds for the upcoming Xpulse 421, powered by a 421cc engine, promising adventure and performance.Hero MotoSports Team Rally Begins Dakar Rally 2025 - 04 Jan, 2025
Hero MotoSports Team Rally has commenced its campaign at the 47th Dakar Rally, marking its ninth consecutive participation in this prestigious and challenging event.Hero MotoCorp Faces Sales Decline Amid Record Revenue - 03 Jan, 2025
Hero MotoCorp reported a record quarterly revenue of ₹10,480 crore in Q2FY25, but faced a 17.5% decline in December sales, particularly in domestic markets. Despite a 91% increase in exports, shares fell over 3% due to investor concerns. The company aims to expand its EV portfolio and enhance its premium offerings in 2025.Hero MotoCorp Reports Strong Sales Growth in 2024 - 02 Jan, 2025
Hero MotoCorp achieved a 7.5% increase in sales for 2024, selling over 5.9 million units. The company also reported a 49% growth in global business and plans for new product launches in 2025, including electric vehicles. The stock rose over 3% following these announcements.Hero MotoCorp Faces Tax Demand Amid Buy Rating - 01 Jan, 2025
Hero MotoCorp received a ₹26.40 crore tax demand for 2020-21 but retains a Buy rating from Emkay with a target of ₹5,600. The stock has seen a significant decline of 33% from its peak.Hero MotoCorp Updates: New Models and Market Performance - 31 Dec, 2024
Hero MotoCorp is actively launching new models like the Xtreme 125R and XPulse 210 while facing a 33% decline in share price from its peak. The company remains a major stakeholder in Ather with a 37.2% stake.Hero MotoCorp Reports Growth and Expands Partnerships - 30 Dec, 2024
Hero MotoCorp announced a 26.29% profit increase and extended its partnership with Harley-Davidson to develop new motorcycles. Analyst Ambareesh Baliga is bullish, setting a target price of Rs 5,980, highlighting strong revenue growth and market leadership.Hero MotoCorp Expands Partnership with Harley-Davidson - 27 Dec, 2024
Hero MotoCorp has extended its collaboration with Harley-Davidson to introduce new trims of the X440 motorcycle and develop a new model, enhancing their premium motorcycle offerings.Hero MotoCorp Launches New Model, Sales Surge - 24 Dec, 2024
Hero MotoCorp has launched the Dakar edition of the Xpulse 200, enhancing its product lineup. The Hero Splendor continues to lead 2-wheeler sales in India, with a notable increase in units sold. The current market price stands at Rs 4,278.
Insights on Hero MotoCorp Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTProfit Spike
Netprofit is up for the last 3 quarters, 935.01 Cr → 1.06K Cr (in ₹), with an average increase of 6.1% per quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 3 quarters, 9.79K Cr → 10.72K Cr (in ₹), with an average increase of 4.4% per quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 8.49% to 8.72% in Sep 2024 quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 13.75% to 14.57% in Sep 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, Mahindra & Mahindra Ltd has given 83.4% return, outperforming this stock by 90.9%
- NO EFFECT
Against Peers
In the last 3 years, Mahindra & Mahindra Ltd has given 240.4% return, outperforming this stock by 183.1%
NEGATIVE IMPACTPromoter Holding Down
Promoters have decreased holdings from 34.76% to 34.75% in Sep 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 3 months, HEROMOTOCO stock has moved down by -27.2%
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 29.86% to 29.58% in Sep 2024 quarter
News
Hero MotoCorp Unveils New Models at Bharat Mobility Show 2025
Hero MotoCorps stunning showcase at the Bharat Mobility Show 2025 reflects the companys vision for the future of mobility, combining cutting-edge technology, high-performance engineering, and a commitment to sustainability. With an exciting line-up that spans multiple categories — from performance motorcycles like the Xtreme 250R to eco-friendly scooters like the VIDA V2 — Hero is undoubtedly positioning itself at the forefront of the evolving automotive landscape. At the heart of Heros showcase was the much-anticipated Xtreme 250R, marking the companys debut in the competitive 250cc segment. Designed for performance enthusiasts, the Xtreme 250R boasts a 250cc liquid-cooled engine that churns out an impressive 30 PS of peak power and 25 Nm of torque, making it one of the fastest motorcycles in its class. With a sleek, aggressive design and premium features, including dual-channel ABS, emergency brake alert, and Hero Connect 2.0 for seamless connectivity, the Xtreme 250R promises an exhilarating riding experience. Price: ₹1,79,900. Next in line was the Xpulse 210, a dynamic adventure motorcycle designed for those who crave exploration. Equipped with a powerful 210cc engine and a robust suspension setup, the Xpulse 210 is built to tackle both off-road trails and city streets with ease. The bike features a 4.2 TFT display, multiple ABS modes, and a rugged, durable design that is perfect for serious off-road enthusiasts and casual adventurers alike. Heros Xpulse series continues to set the bar for versatility and off-road capability. Price: ₹1,75,800. Hero also expanded its scooter portfolio with the launch of the Xoom 160 and Xoom 125, two stylish and feature-packed scooters that cater to different segments of the market. The Xoom 160 is a premium offering in the scooter category, powered by a 156cc engine that delivers a perfect balance of performance and comfort. With features like Bluetooth connectivity, a smart key, and a bold, modern design with 14-inch wheels, the Xoom 160 is perfect for riders seeking both convenience and a dash of excitement. Price: ₹1,48,500. On the other hand, the Xoom 125 sets a new benchmark in the 125cc scooter segment. This compact, yet powerful scooter features impressive acceleration, a body-mounted LED projector headlamp, and a Bluetooth-enabled digital speedometer. Designed for urban commuters, the Xoom 125 offers a blend of performance and practicality, making it an ideal choice for everyday riders. Price: Rs. 86,900/-. Demonstrating its commitment to sustainability, Hero MotoCorp also unveiled the HF Deluxe Flex-Fuel prototype, which is the companys first-ever motorcycle capable of running on ethanol blends ranging from E20 to E85. Powered by a 100cc BS6 engine, the HF Deluxe Flex-Fuel bike underscores Heros focus on promoting eco-friendly alternatives to traditional fuels, offering an innovative solution to Indias growing demand for greener, more sustainable mobility options. In a major leap toward a more sustainable future, Hero MotoCorp also showcased its VIDA V2 e-scooter. With a starting price of ₹96,000, the VIDA V2 offers an impressive range of up to 165 km per charge, thanks to its advanced removable battery technology, making it one of the most affordable and practical electric mobility solutions in India. With the VIDA V2, Hero is setting its sights on making electric scooters accessible and aspirational for the masses, reaffirming the companys dedication to shaping the future of mobility.18 Jan, 2025 12:59 PMHero MotoCorp Showcases 4 New Products at Bharat Mobility Global Expo 2025
Hero MotoCorp on Friday showcased four new products in the premium motorcycles and scooters segments at the Bharat Mobility Global Expo 2025. The worlds largest manufacturer of motorcycles and scooters made its debut in the 250cc segment with Xtreme 250R and expanded its Xpulse portfolio with the launch of Xpulse 210. The company has also expanded the scooters portfolio with Xoom 125 and Xoom 160. Niranjan Gupta, Chief Executive Officer of Hero MotoCorp, said, Today two of our premium brands, Xtreme and Xpulse, have become even stronger. We have fortified our presence in the 125cc scooter segment and also ventured into the 160cc category with a Maxi Scooter. The launch of these new models on the back of an already strong portfolio will further boost our growth journey as we enter the next fiscal. Bookings for all four products will begin in February 2025, and deliveries will commence from March 2025 onwards.18 Jan, 2025 12:30 PMBharat Mobility Global Expo 2025 Highlights India's Automotive Growth
the likes of Hero MotoCorp, TVS Motor, Bajaj Auto, Honda, Suzuki and Yamaha had turned out and it was clearly an impressive display of motorcycles and scooters while sending across the message of electrification.18 Jan, 2025 08:57 AMHero MotoCorp Ltd Financials
Index Inclusions
Hero MotoCorp Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 34.75% | ||
| Foreign Institutions | 29.58% | ||
| Mutual Funds | 14.57% | 5.95 | |
| Retail Investors | 8.72% | 2.65 | |
| Others | 12.38% |
Hero MotoCorp Ltd Key Indicators
Hero MotoCorp Ltd Valuation
Hero MotoCorp Ltd in the last 5 years
Lowest (8.10x)
March 30, 2020
Today (19.80x)
January 17, 2025
Industry (35.69x)
January 17, 2025
Highest (31.04x)
June 13, 2024
Hero MotoCorp Ltd Earnings and Dividends
Hero MotoCorp Ltd Earnings Results
Hero MotoCorp Ltd’s net profit jumped 5.7% since last year same period to ₹1,063.71Cr in the Q2 2024-2025. On a quarterly growth basis, Hero MotoCorp Ltd has generated 1.7% jump in its net profits since last 3-months.
Read More about Earnings ResultsHero MotoCorp Ltd Dividends May,2024
In the quarter ending March 2024, Hero MotoCorp Ltd has declared dividend of ₹40 - translating a dividend yield of 3.42%.
Read More about Dividends
Hero MotoCorp Ltd Technicals Summary
Bearish
Neutral
Bullish
Hero MotoCorp Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Hero MotoCorp Ltd
Hero MotoCorp Ltd share price today stands at ₹4098, Open. ₹4076 ; Previous Close. ₹4074.1 ; High. ₹4125 ; Low. ₹4050 ; 52 Week High. ₹6246.25 ; 52 Week Low: ₹3997.5.
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Hero MotoCorp Ltd is listed on NSE
Hero MotoCorp Ltd is listed on BSE
- Today’s highest price of Hero MotoCorp Ltd is ₹4125.
- Today’s lowest price of Hero MotoCorp Ltd is ₹4050.
PE Ratio of Hero MotoCorp Ltd is 19.8
PE ratio = Hero MotoCorp Ltd Market price per share / Hero MotoCorp Ltd Earnings per share
Today’s traded volume of Hero MotoCorp Ltd(HEROMOTOCO) is 2.11L.
Today’s market capitalisation of Hero MotoCorp Ltd(HEROMOTOCO) is ₹81481.81Cr.
| Hero MotoCorp Ltd(HEROMOTOCO | Price |
|---|---|
52 Week High | ₹6246.25 |
52 Week Low | ₹3997.5 |
Hero MotoCorp Ltd(HEROMOTOCO) share price is ₹4098. It is down -34.39% from its 52 Week High price of ₹6246.25
Hero MotoCorp Ltd(HEROMOTOCO) share price is ₹4098. It is up 2.51% from its 52 Week Low price of ₹3997.5
| Hero MotoCorp Ltd(HEROMOTOCO | Returns |
|---|---|
1 Day Returns | 23.9% |
1 Month Returns | -6.64% |
3 Month Returns | -21.44% |
1 Year Returns | -6.74% |