Hero MotoCorp Limited

NSEI:HEROMOTOCO Stock Report

Market Cap: ₹868.0b

Hero MotoCorp Future Growth

Future criteria checks 2/6

Hero MotoCorp is forecast to grow earnings and revenue by 11.8% and 8.7% per annum respectively. EPS is expected to grow by 11.7% per annum. Return on equity is forecast to be 25.9% in 3 years.

Key information

11.8%

Earnings growth rate

11.7%

EPS growth rate

Auto earnings growth11.0%
Revenue growth rate8.7%
Future return on equity25.9%
Analyst coverage

Good

Last updated20 Dec 2024

Recent future growth updates

Recent updates

Is There Now An Opportunity In Hero MotoCorp Limited (NSE:HEROMOTOCO)?

Dec 19
Is There Now An Opportunity In Hero MotoCorp Limited (NSE:HEROMOTOCO)?

Investors Don't See Light At End Of Hero MotoCorp Limited's (NSE:HEROMOTOCO) Tunnel

Dec 06
Investors Don't See Light At End Of Hero MotoCorp Limited's (NSE:HEROMOTOCO) Tunnel

These 4 Measures Indicate That Hero MotoCorp (NSE:HEROMOTOCO) Is Using Debt Safely

Nov 22
These 4 Measures Indicate That Hero MotoCorp (NSE:HEROMOTOCO) Is Using Debt Safely

Hero MotoCorp (NSE:HEROMOTOCO) Is Reinvesting To Multiply In Value

Nov 09
Hero MotoCorp (NSE:HEROMOTOCO) Is Reinvesting To Multiply In Value

Should You Be Adding Hero MotoCorp (NSE:HEROMOTOCO) To Your Watchlist Today?

Sep 24
Should You Be Adding Hero MotoCorp (NSE:HEROMOTOCO) To Your Watchlist Today?

Is There Now An Opportunity In Hero MotoCorp Limited (NSE:HEROMOTOCO)?

Sep 11
Is There Now An Opportunity In Hero MotoCorp Limited (NSE:HEROMOTOCO)?

Hero MotoCorp Limited's (NSE:HEROMOTOCO) Prospects Need A Boost To Lift Shares

Aug 28
Hero MotoCorp Limited's (NSE:HEROMOTOCO) Prospects Need A Boost To Lift Shares

Hero MotoCorp (NSE:HEROMOTOCO) Will Be Hoping To Turn Its Returns On Capital Around

Aug 09
Hero MotoCorp (NSE:HEROMOTOCO) Will Be Hoping To Turn Its Returns On Capital Around

Investors Shouldn't Be Too Comfortable With Hero MotoCorp's (NSE:HEROMOTOCO) Earnings

Jul 27
Investors Shouldn't Be Too Comfortable With Hero MotoCorp's (NSE:HEROMOTOCO) Earnings

Hero MotoCorp (NSE:HEROMOTOCO) Has Announced A Dividend Of ₹40.00

Jul 23
Hero MotoCorp (NSE:HEROMOTOCO) Has Announced A Dividend Of ₹40.00

Hero MotoCorp (NSE:HEROMOTOCO) Is Due To Pay A Dividend Of ₹40.00

Jun 28
Hero MotoCorp (NSE:HEROMOTOCO) Is Due To Pay A Dividend Of ₹40.00

Hero MotoCorp (NSE:HEROMOTOCO) Has Announced A Dividend Of ₹40.00

Jun 05
Hero MotoCorp (NSE:HEROMOTOCO) Has Announced A Dividend Of ₹40.00

We Ran A Stock Scan For Earnings Growth And Hero MotoCorp (NSE:HEROMOTOCO) Passed With Ease

May 25
We Ran A Stock Scan For Earnings Growth And Hero MotoCorp (NSE:HEROMOTOCO) Passed With Ease

Hero MotoCorp (NSE:HEROMOTOCO) Has Announced A Dividend Of ₹40.00

May 11
Hero MotoCorp (NSE:HEROMOTOCO) Has Announced A Dividend Of ₹40.00

Investors Could Be Concerned With Hero MotoCorp's (NSE:HEROMOTOCO) Returns On Capital

Apr 26
Investors Could Be Concerned With Hero MotoCorp's (NSE:HEROMOTOCO) Returns On Capital

Many Still Looking Away From Hero MotoCorp Limited (NSE:HEROMOTOCO)

Apr 11
Many Still Looking Away From Hero MotoCorp Limited (NSE:HEROMOTOCO)

Is Hero MotoCorp (NSE:HEROMOTOCO) A Risky Investment?

Mar 13
Is Hero MotoCorp (NSE:HEROMOTOCO) A Risky Investment?

Hero MotoCorp (NSE:HEROMOTOCO) Has Announced That It Will Be Increasing Its Dividend To ₹100.00

Feb 15
Hero MotoCorp (NSE:HEROMOTOCO) Has Announced That It Will Be Increasing Its Dividend To ₹100.00

At ₹4,783, Is Hero MotoCorp Limited (NSE:HEROMOTOCO) Worth Looking At Closely?

Feb 07
At ₹4,783, Is Hero MotoCorp Limited (NSE:HEROMOTOCO) Worth Looking At Closely?

Be Wary Of Hero MotoCorp (NSE:HEROMOTOCO) And Its Returns On Capital

Jan 24
Be Wary Of Hero MotoCorp (NSE:HEROMOTOCO) And Its Returns On Capital

Hero MotoCorp Limited (NSE:HEROMOTOCO) Could Be Riskier Than It Looks

Dec 25
Hero MotoCorp Limited (NSE:HEROMOTOCO) Could Be Riskier Than It Looks

Earnings and Revenue Growth Forecasts

NSEI:HEROMOTOCO - Analysts future estimates and past financials data (INR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/2027506,69057,26851,13161,78728
3/31/2026463,70152,17346,32856,94636
3/31/2025420,84247,04138,12248,61737
9/30/2024400,98341,38057,79166,911N/A
6/30/2024391,48440,806N/AN/AN/A
3/31/2024377,88637,44841,35249,231N/A
12/31/2023366,06236,149N/AN/AN/A
9/30/2023349,36732,47625,76133,019N/A
6/30/2023345,61929,297N/AN/AN/A
3/31/2023341,58428,10020,09626,138N/A
12/31/2022332,20726,162N/AN/AN/A
9/30/2022331,15425,93920,77725,657N/A
6/30/2022324,96026,512N/AN/AN/A
3/31/2022295,51323,16915,34021,037N/A
12/31/2021307,44525,865N/AN/AN/A
9/30/2021325,58429,0195036,323N/A
6/30/2021334,92931,147N/AN/AN/A
3/31/2021309,59229,17835,29441,105N/A
12/31/2020286,03026,414N/AN/AN/A
9/30/2020258,50425,24153,55262,482N/A
6/30/2020240,37424,450N/AN/AN/A
3/31/2020292,54036,38142,30355,181N/A
12/31/2019308,73638,049N/AN/AN/A
9/30/2019317,35936,78411,60723,922N/A
6/30/2019332,43537,759N/AN/AN/A
3/31/2019339,70834,44152710,323N/A
3/31/2018324,58437,204N/A40,172N/A
3/31/2017286,10435,843N/A40,072N/A
3/31/2016284,57131,420N/A37,224N/A
3/31/2015275,38023,647N/A21,855N/A
3/31/2014252,75521,027N/A29,630N/A
12/31/2013248,79321,289N/AN/AN/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: HEROMOTOCO's forecast earnings growth (11.8% per year) is above the savings rate (6.7%).

Earnings vs Market: HEROMOTOCO's earnings (11.8% per year) are forecast to grow slower than the Indian market (18.1% per year).

High Growth Earnings: HEROMOTOCO's earnings are forecast to grow, but not significantly.

Revenue vs Market: HEROMOTOCO's revenue (8.7% per year) is forecast to grow slower than the Indian market (10.5% per year).

High Growth Revenue: HEROMOTOCO's revenue (8.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HEROMOTOCO's Return on Equity is forecast to be high in 3 years time (25.9%)


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 04:12
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Hero MotoCorp Limited is covered by 88 analysts. 37 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Piyush ParagAlmondz Global Securities Ltd
Jinesh GandhiAmbit Capital
null nullAnand Rathi Shares and Stock Brokers Limited