The Quick Take
Hero MotoCorp reported Q2 FY27 net profit of Rs 1,393 Crore, up 16%, on broad-based volume recovery. Its market share is about 38 to 40%.
Key Figures
| Metric | Figure | Basis |
|---|---|---|
| Q2 FY27 net profit | Rs 1,393 Cr | reported, +16% YoY |
| Q2 FY27 revenue | about Rs 12,800 Cr | report |
| PAT margin | 10.9% | stable |
| Dividend yield (FY27) | 2 to 2.5% | estimate |
Outlook
- FY27 revenue Rs 52,000 to 55,000 Cr; profit Rs 6,000 to 6,500 Cr (estimates).
- Scooter segment expansion; export growth to 60+ countries.
Risks
- Two-wheeler cyclicality if rural demand softens.
- Fuel price volatility and competition from Bajaj and TVS.
Recommendation: HOLD
Cyclical recovery play; the report sees 10 to 12% a year total return potential.
Educational purposes only, not investment advice. Do your own research before investing.
Sources: Business Standard results calendar, Upstox Research, HDFC Sky (as cited in the report).
Leave a Reply