|
01 Sep 2025 |
Hero MotoCorp
|
Consensus Share Price Target
|
5087.70 |
4863.89 |
- |
-4.40 |
buy
|
|
|
|
|
07 Aug 2025
|
Hero MotoCorp
|
Motilal Oswal
|
5087.70
|
5355.00
|
4660.70
(9.16%)
|
5.25 |
Buy
|
|
|
Hero MotoCorp (HMCL)’s 1QFY26 PAT at INR11.2b came in above our est. of INR10.5b, led largely by higher other income. HMCL was able to retain its margins despite weak volumes due to price hikes and an improved mix.
|
|
27 May 2025
|
Hero MotoCorp
|
Geojit BNP Paribas
|
5087.70
|
4865.00
|
4338.20
(17.28%)
|
Target met |
Buy
|
|
|
EBITDA increased 4.1% YoY to Rs. 1,416cr, driven by a favourable product mix. However, margin contracted 10bps YoY to 14.2%. Notably, the EBITDA margin for the internal combustion engine (ICE) business stood at 16.1%, benefitting from an...
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|
14 May 2025
|
Hero MotoCorp
|
Motilal Oswal
|
5087.70
|
4761.00
|
4067.20
(25.09%)
|
Target met |
Buy
|
|
|
Hero MotoCorp’s (HMCL) 4QFY25 margins remained stable YoY and were also in line with our estimates. Reported EBITDA margin came in at 14.2%, while ICE margins stood at 16.1%, adjusted for the INR1.43b loss in EV business.
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|
10 Feb 2025
|
Hero MotoCorp
|
Axis Direct
|
5087.70
|
5285.00
|
4196.45
(21.24%)
|
3.88 |
Buy
|
|
|
We maintain our BUY rating on the stock.
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|
08 Feb 2025
|
Hero MotoCorp
|
BOB Capital Markets Ltd.
|
5087.70
|
4892.00
|
4274.65
(19.02%)
|
Target met |
Hold
|
|
|
Q3 revenue grew by ~5% YoY to Rs 102bn, driven by realisation gains as volume growth stayed muted owing to fierce competition
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|
07 Feb 2025
|
Hero MotoCorp
|
Prabhudas Lilladhar
|
5087.70
|
4736.00
|
4274.65
(19.02%)
|
Target met |
Accumulate
|
|
|
|
|
07 Feb 2025
|
Hero MotoCorp
|
Emkay
|
5087.70
|
5600.00
|
4274.65
(19.02%)
|
10.07 |
Buy
|
|
|
HMCL reported a healthy Q3 with 5% revenue growth led by higher ASPs as volumes were flat. Domestic 2W market share rose by 70bps QoQ to 28.7% (declined by 120bps YoY), aided by the festive season.
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|
10 Dec 2024
|
Hero MotoCorp
|
Sharekhan
|
5087.70
|
6057.00
|
4588.30
(10.88%)
|
19.05 |
Buy
|
|
|
Hero MotoCorp Limited (HMCL) is strategically broadening its premium product portfolio by introducing new models and variants within its established brands. This move is aimed at enhancing brand recognition and establishing powerful brands in the premium segment.
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|
06 Dec 2024
|
Hero MotoCorp
|
Geojit BNP Paribas
|
5087.70
|
5269.00
|
4629.60
(9.90%)
|
3.56 |
Buy
|
|
|
|
|
27 Nov 2024
|
Hero MotoCorp
|
Ventura
|
5087.70
|
5704.00
|
4871.25
(4.44%)
|
12.11 |
Buy
|
|
|
Demand recovery and diversification are key drivers
|
|
18 Nov 2024
|
Hero MotoCorp
|
Prabhudas Lilladhar
|
5087.70
|
5162.00
|
4733.00
(7.49%)
|
Target met |
Accumulate
|
|
|
|
|
18 Nov 2024
|
Hero MotoCorp
|
Axis Direct
|
5087.70
|
5845.00
|
4733.00
(7.49%)
|
14.88 |
Buy
|
|
|
We maintain our BUY rating on the stock.
|
|
14 Nov 2024
|
Hero MotoCorp
|
Sharekhan
|
5087.70
|
6057.00
|
4604.00
(10.51%)
|
19.05 |
Buy
|
|
|
Underlying EBITDA margin in IC business expanded by 150 bps y-o-y to 16.5%. Management maintains its blended EBITDA margin guidance of 14-16%.
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|
21 Aug 2024
|
Hero MotoCorp
|
Geojit BNP Paribas
|
5087.70
|
5877.00
|
5284.70
(-3.73%)
|
Target met |
Buy
|
|
|
|
|
15 Aug 2024
|
Hero MotoCorp
|
Emkay
|
5087.70
|
6350.00
|
5072.45
(0.30%)
|
|
Buy
|
|
|
HMCL’s Q1 results were a miss (6% on EBITDA), largely dragged by lower ASPs due to subdued spare sales, though underlying ICE margins rose by 80bps QoQ to 16.4%.
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|
14 Aug 2024
|
Hero MotoCorp
|
Sharekhan
|
5087.70
|
6057.00
|
5072.45
(0.30%)
|
Target met |
Buy
|
|
|
Hero MotoCorp Ltd (HMCL) has reported a miss in blended EBITDA margins due to a drag from EV business. EBITDA and APAT missed the estimates by 3.1% and 2.7% respectively.
|
|
14 Aug 2024
|
Hero MotoCorp
|
Motilal Oswal
|
5087.70
|
5865.00
|
5072.45
(0.30%)
|
Target met |
Buy
|
|
|
HMCL posted a disappointing operating performance in 1QFY25 mainly due to adverse mix and impact of higher spends on EVs.
|
|
06 Jul 2024
|
Hero MotoCorp
|
Axis Direct
|
5087.70
|
6106.00
|
5558.05
(-8.46%)
|
Target met |
Buy
|
|
|
We recommend a BUY on the stock with a target price of Rs 6,106 /share, implying an upside of 10% from the CMP 5,551.
|
|
02 Jul 2024
|
Hero MotoCorp
|
ICICI Direct
|
5087.70
|
6620.00
|
5567.10
(-8.61%)
|
|
Buy
|
|
|
|
|
29 Jun 2024
|
Hero MotoCorp
|
Hem Securities
|
5087.70
|
6696.00
|
5603.10
(-9.20%)
|
|
Buy
|
|
|
|