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Hero MotoCorp (BOM:500182) Net Margin % : 9.72% (As of Mar. 2024)


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What is Hero MotoCorp Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Hero MotoCorp's Net Income for the three months ended in Mar. 2024 was ₹9,350 Mil. Hero MotoCorp's Revenue for the three months ended in Mar. 2024 was ₹96,167 Mil. Therefore, Hero MotoCorp's net margin for the quarter that ended in Mar. 2024 was 9.72%.

The historical rank and industry rank for Hero MotoCorp's Net Margin % or its related term are showing as below:

BOM:500182' s Net Margin % Range Over the Past 10 Years
Min: 8   Med: 10.11   Max: 12.65
Current: 9.91


BOM:500182's Net Margin % is ranked better than
83.24% of 1283 companies
in the Vehicles & Parts industry
Industry Median: 3.33 vs BOM:500182: 9.91

Hero MotoCorp Net Margin % Historical Data

The historical data trend for Hero MotoCorp's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hero MotoCorp Net Margin % Chart

Hero MotoCorp Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.63 9.58 8.00 8.23 9.91

Hero MotoCorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.55 8.02 10.56 11.17 9.72

Competitive Comparison of Hero MotoCorp's Net Margin %

For the Auto Manufacturers subindustry, Hero MotoCorp's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hero MotoCorp's Net Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hero MotoCorp's Net Margin % distribution charts can be found below:

* The bar in red indicates where Hero MotoCorp's Net Margin % falls into.



Hero MotoCorp Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Hero MotoCorp's Net Margin for the fiscal year that ended in Mar. 2024 is calculated as

Net Margin=Net Income (A: Mar. 2024 )/Revenue (A: Mar. 2024 )
=37448.3/377886.2
=9.91 %

Hero MotoCorp's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=9350.1/96166.8
=9.72 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hero MotoCorp  (BOM:500182) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Hero MotoCorp Net Margin % Related Terms

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Hero MotoCorp (BOM:500182) Business Description

Traded in Other Exchanges
Address
Nelson Mandela Road, The Grand Plaza, Plot No. 2, Vasant Kunj - Phase -II, New Delhi, IND, 110070
Hero MotoCorp Ltd is a motorcycle manufacturing company domiciled in India. The company manufactures and distributes motorcycles, scooters, and related spare parts. Sales of motorcycles comprise the largest contribution to consolidated revenue, followed by scooter sales. While Hero MotoCorp derives the vast majority of revenue from domestic operations, the company also has operations in Latin America, South Asia, Africa, and the Middle East. Hero MotoCorp principally manufactures and assembles production domestically. The Company primarily operates in the automotive segment. The automotive segment includes all activities related to development, design, manufacture, assembly and sale of vehicles, as well as sale of related parts and accessories.

Hero MotoCorp (BOM:500182) Headlines

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