- Hero MotoCorp’s fourth-quarter net income rose 19% year-on-year but fell short of the estimated 10.48 billion rupees, recording 10.2 billion rupees instead.
- Revenue projected a positive outlook as it increased by 15% year-on-year, surpassing the estimate of 94.01 billion rupees to reach 95.2 billion rupees.
- Total costs for the quarter also saw an uptick, increasing by 13% year-on-year to 83.5 billion rupees.
- Of the total costs, raw material costs accrued to 61 billion rupees, representing a 5.2% year-on-year increase.
- Other incomes recorded a dip, decreasing by 24% year-on-year to settle at 1.8 billion rupees.
- Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) showed an impressive increase of 25% year-on-year, exceeding the estimate of 13.23 billion rupees and ending at 13.59 billion rupees.
- Dividends per share were marked at 40 rupees.
- The company has received 25 buys, 7 holds, and 9 sells from shareholders.
A look at Hero Motocorp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 5 | |
| 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, a leading motorcycle company, is positioned well for the long term based on the Smartkarma Smart Scores analysis. With strong scores in Dividend and Resilience, indicating a robust dividend payout and ability to weather market challenges, the company shows promise for consistent performance and stability. Additionally, a favorable Momentum score suggests positive trends in stock price movement, reflecting market enthusiasm for the company’s future prospects. While Value and Growth scores are moderate, the high scores in Dividend and Resilience affirm Hero Motocorp‘s solid foundation and potential for sustained success.
Hero Motocorp Ltd., a renowned motorcycle manufacturer, garners promising Smartkarma Smart Scores across key factors. Despite moderate ratings in Value and Growth, the company shines in Dividend and Resilience, showcasing its commitment to rewarding investors and ability to withstand economic fluctuations. Supported by a strong Momentum score, Hero Motocorp is likely to maintain its upward trajectory in the market. Overall, Hero Motocorp‘s focus on designing, manufacturing, and distributing motorcycles positions it favorably for long-term success, backed by its solid performance across the Smartkarma Smart Scores metrics.
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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