- Net Income: Hero MotoCorp reported a net income of 11.2 billion rupees for the first quarter, marking a 37% year-over-year increase. However, it fell short of the estimated 11.57 billion rupees.
- Revenue: The company’s revenue reached 101.4 billion rupees, reflecting a 16% year-over-year growth but missing the estimated 104.32 billion rupees.
- Total Costs: Hero MotoCorp’s total costs for the quarter were 88.8 billion rupees, up by 15% year-over-year.
- Raw Material Costs: Costs associated with raw materials increased by 9.6% year-over-year, totaling 66.2 billion rupees.
- Other Income: The company reported other income of 2.32 billion rupees, a 4.5% increase compared to the previous year.
- Analyst Ratings: The current analyst ratings for Hero MotoCorp include 28 buys, 6 holds, and 8 sells.
A look at Hero Motocorp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.8 |
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 leader in the motorcycle industry, is positioned for a promising long-term outlook based on its Smartkarma Smart Scores evaluation. With a top-notch score of 5 in Dividends and Resilience, the company displays strong potential for providing stable returns to investors through consistent dividend payouts and a robust ability to withstand economic challenges. Additionally, Hero Motocorp scores a respectable 3 in both Value and Growth, indicating a balanced approach to financial performance and sustainable expansion strategies. The company’s Momentum score of 3 suggests steady progress in market traction and investor confidence.
Known for designing, manufacturing, and distributing motorcycles, Hero Motocorp Ltd. also offers a range of motorcycle parts and accessories, showcasing its comprehensive presence in the industry. As the company continues to excel in dividend distribution, resilience, and strategic growth initiatives, investors can look forward to a resilient and potentially rewarding investment journey with Hero Motocorp in the long run.
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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