Results Snapshot
Figures in Rs cr
Consolidate Annual Results
Mar'24
Mar'23
Mar'22
Mar'21
Mar'20
Mar'19
Mar'18
Net Sales
37,788.62
34,158.38
29,551.28
30,959.19
29,253.97
33,970.82
33,100.94
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
37,788.62
34,158.38
29,551.28
30,959.19
29,253.97
33,970.82
33,100.94
Raw Material Cost
24,836.89
24,060.29
20,845.74
21,968.04
20,004.29
23,503.46
21,995.94
Purchase of Finished goods
484.20
47.43
45.95
31.14
0.00
0.00
0.00
(Increase) / Decrease In Stocks
188.35
-163.69
28.67
-255.57
-173.34
-59.04
-110.12
Employee Cost
2,471.55
2,250.05
1,995.78
1,951.02
1,889.32
1,778.03
1,583.71
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
0.00
0.00
0.00
0.00
0.00
0.00
3,663.79
Selling and Distribution Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Expenses
4,458.00
3,870.53
3,190.37
3,165.05
3,472.78
3,729.94
642.57
Total Expenditure (Excl Depreciation)
32,438.99
30,064.61
26,106.51
26,859.68
25,193.05
28,952.39
27,775.89
Operating Profit (PBDIT) excl Other Income
5,349.63
4,093.77
3,444.77
4,099.51
4,060.92
5,018.43
5,325.05
Other Income
854.54
569.01
555.01
557.90
730.56
686.73
523.17
Operating Profit (PBDIT)
6,204.17
4,662.78
3,999.78
4,657.41
4,791.48
5,705.16
5,848.22
Interest
76.37
104.88
53.10
46.41
46.64
37.18
30.80
Exceptional Items
-159.99
0.00
0.00
0.00
677.37
0.00
0.00
Gross Profit (PBDT)
5,967.81
4,557.90
3,946.68
4,611.00
5,422.21
5,667.98
5,817.42
Depreciation
757.36
697.39
689.52
715.12
845.76
624.44
574.98
Profit Before Tax
5,210.45
3,860.51
3,257.16
3,895.88
4,576.45
5,043.54
5,242.44
Tax
1,348.04
1,063.72
729.06
913.27
951.67
1,637.95
1,569.93
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
3,862.41
2,796.79
2,528.10
2,982.61
3,624.78
3,405.59
3,672.51
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
3,862.41
2,796.79
2,528.10
2,982.61
3,624.78
3,405.59
3,672.51
Share in Profit of Associates
-120.25
3.11
-199.05
-46.56
34.63
60.76
49.66
Minority Interest
2.67
10.06
-12.17
-18.30
-21.30
-22.26
-1.77
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
3,744.83
2,809.96
2,316.88
2,917.75
3,638.11
3,444.09
3,720.40
Equity Capital
39.98
39.97
39.96
39.96
39.95
39.95
39.94
Face Value
2.0
2.0
2.0
2.0
2.0
2.0
2.0
Reserves
17,658.94
16,615.60
15,806.69
15,376.46
14,366.33
13,080.46
11,931.52
Earnings per share (EPS)
187.34
140.6
115.96
146.03
182.13
172.42
186.3
Diluted Earnings per share
187.04
140.49
115.93
146.04
182.15
172.45
186.29
Operating Profit Margin (Excl OI)
14.16%
11.98%
11.66%
13.24%
13.88%
14.77%
16.09%
Gross Profit Margin
15.79%
13.34%
13.36%
14.89%
18.53%
16.68%
17.57%
PAT Margin
9.9%
8.2%
7.88%
9.48%
12.51%
10.2%
11.09%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Mar 2024 is 10.63% vs 15.59% in Mar 2023
Consolidate Net Profit
YoY Growth in year ended Mar 2024 is 33.27% vs 21.28% in Mar 2023
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Mar 2024 is 30.68% vs 18.84% in Mar 2023
Interest
YoY Growth in year ended Mar 2024 is -27.18% vs 97.51% in Mar 2023
Operating Profit Margin (Excl OI)
YoY Growth in year ended Mar 2024 has improved from Mar 2023
Compare Annual Results Of Hero MotoCorp With
Figures in Rs cr
Consolidate Annual Results
Change(INR)
Change(%)
Net Sales
37,788.62
39,144.74
-1,356.12
-3.46%
Other Operating Income
0.00
0.00
0.00
Total Operating income
37,788.62
39,144.74
-1,356.12
-3.46%
Raw Material Cost
24,836.89
23,717.91
1,118.98
4.72%
Purchase of Finished goods
484.20
1,011.69
-527.49
-52.14%
(Increase) / Decrease In Stocks
188.35
-324.35
512.70
158.07%
Employee Cost
2,471.55
3,385.19
-913.64
-26.99%
Power Cost
0.00
0.00
0.00
Manufacturing Expenses
0.00
0.00
0.00
Selling and Distribution Expenses
0.00
0.00
0.00
Other Expenses
4,458.00
5,810.89
-1,352.89
-23.28%
Total Expenditure (Excl Depreciation)
32,438.99
33,601.33
-1,162.34
-3.46%
Operating Profit (PBDIT) excl Other Income
5,349.63
5,543.41
-193.78
-3.50%
Other Income
854.54
105.82
748.72
707.54%
Operating Profit (PBDIT)
6,204.17
5,649.23
554.94
9.82%
Interest
76.37
1,927.72
-1,851.35
-96.04%
Exceptional Items
-159.99
0.00
-159.99
Gross Profit (PBDT)
5,967.81
3,721.51
2,246.30
60.36%
Depreciation
757.36
975.12
-217.76
-22.33%
Profit Before Tax
5,210.45
2,746.39
2,464.06
89.72%
Tax
1,348.04
924.38
423.66
45.83%
Provisions and contingencies
0.00
0.00
0.00
Profit After Tax
3,862.41
1,822.01
2,040.40
111.99%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
Net Profit
3,862.41
1,822.01
2,040.40
111.99%
Share in Profit of Associates
-120.25
-43.47
-76.78
-176.63%
Minority Interest
2.67
-92.17
94.84
102.90%
Other related items
0.00
0.00
0.00
Consolidated Net Profit
3,744.83
1,686.37
2,058.46
122.06%
Equity Capital
39.98
47.51
-7.53
-15.85%
Face Value
2.00
1.00
0.00
Reserves
17,658.94
6,736.00
10,922.94
162.16%
Earnings per share (EPS)
187.34
35.50
151.84
427.72%
Diluted Earnings per share
187.04
35.50
151.54
426.87%
Operating Profit Margin (Excl OI)
14.16%
14.16%
0.00
0.00%
Gross Profit Margin
15.79%
9.51%
0.00
6.28%
PAT Margin
9.90%
4.54%
0.00
5.36%
Public Share Holdings (%)
0.00%
0.00%
0.00
0.00%
Pledged Promotor Holding (%)
0.00%
0.00%
0.00
0.00%
Annual - Net Sales
Net Sales 37,788.62 Cr
in Mar 2024Figures in Rs Cr
YoY Growth in year ended Mar 2024 is 10.63% vs 15.59% in Mar 2023
Annual - Consolidate Net Profit
Consolidate Net Profit 3,744.83 Cr
in Mar 2024Figures in Rs Cr
YoY Growth in year ended Mar 2024 is 33.27% vs 21.28% in Mar 2023
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 5,349.63 Cr
in Mar 2024Figures in Rs Cr
YoY Growth in year ended Mar 2024 is 30.68% vs 18.84% in Mar 2023
Annual - Interest
Interest 76.37 Cr
in Mar 2024Figures in Rs Cr
YoY Growth in year ended Mar 2024 is -27.18% vs 97.51% in Mar 2023
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 14.16%
in Mar 2024Figures in Rs %
YoY Growth in year ended Mar 2024 has improved from Mar 2023