- Hero MotoCorp’s net income for the first quarter stands at 11.3 billion rupees, which is an increase of 0.9% from the previous year, surpassing the market estimate of 10.63 billion rupees.
- The company’s revenue fell to 95.8 billion rupees, a decline of 5.5% compared to the previous year, and below the estimated 97.97 billion rupees.
- Total costs for the company decreased by 5.4%, reaching 84 billion rupees.
- Raw material costs saw a reduction of 4.8%, amounting to 63 billion rupees.
- Hero MotoCorp reported a significant increase in other income by 31%, bringing it to 3.04 billion rupees.
- Investment analysts currently have the following recommendations on Hero MotoCorp: 23 buy ratings, 12 hold ratings, and 7 sell ratings.
Hero Motocorp on Smartkarma
Analysts on Smartkarma, such as Sreemant Dudhoria, CFA, provide valuable insights into companies like Hero Motocorp. In a recent research report titled “Can the India’s Largest Motorcycle Manufacturer Maintain Its Dominance?” Sreemant Dudhoria analyzes Hero Motocorp‘s market share, leadership changes, and strategic challenges in the two-wheeler industry. The report delves into Hero Motocorp‘s market share trajectory within the broader industry landscape, discusses internal leadership turnover following the split from Honda Motor, and assesses the company’s strategic outlook while highlighting key challenges despite its discounted valuation compared to peers.
A look at Hero Motocorp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Hero MotoCorp Ltd., a leading manufacturer of motorcycles, is positioned well for long-term success based on its Smartkarma Smart Scores. With a strong score of 5 for dividends, investors can expect reliable and consistent dividend payouts, making Hero Motocorp an attractive choice for income-focused investors. Additionally, the company scores a solid 4 for growth, resilience, and momentum, indicating a positive outlook for its future performance and overall stability in the market.
Despite a moderate score of 3 for value, Hero Motocorp‘s strong performance in dividends, growth, resilience, and momentum paints a promising picture for the company’s long-term prospects. As a manufacturer and distributor of motorcycles and related products, Hero MotoCorp Ltd. continues to demonstrate its ability to navigate market challenges and capitalize on growth opportunities within the industry, positioning itself as a reliable choice for investors seeking both growth potential and steady returns.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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