Buy, sell or hold: Two-wheeler manufacturer Hero MotoCorp Ltd reported its Q4 results on Tuesday, April 5. The company’s consolidated revenue from operations in the fourth quarter stood at Rs 12,978.28 crore, up from Rs 9,969.81 crore in the year-ago period, Hero MotoCorp Ltd said in a regulatory filing.
Two-wheeler manufacturer Hero MotoCorp Ltd also declared a final dividend of Rs 75 per share for its shareholders with a face value of Rs 2.
Buy, sell or hold: Goldman Sachs ‘ latest view on Hero MotoCorp
The brokerage maintains a sell rating on Hero MotoCorp, keeping the target price unchanged at Rs 4,300.
Goldman Sachs further highlighted that the company’s Q4 performance was broadly in line with estimates.
Hero MotoCorp’s average selling price (ASP) improved sequentially, driven by a richer product mix and price hikes.
Key factors to monitor include commodity inflation and supply chain stability.
The brokerage is also watching the FY27 market share outlook and export trends.
Two-wheeler manufacturer Hero MotoCorp Ltd reported on Tuesday, April 5, a 26% increase in its consolidated profit after tax, reaching Rs 1,473.92 crore for the fourth quarter ending March 31, driven by strong sales volumes.
Its consolidated revenue from operations in the fourth quarter stood at Rs 12,978.28 crore against Rs 9,969.81 crore in the year-ago period, Hero MotoCorp Ltd said in a regulatory filing.
During the quarter, vehicle sales stood at 17.14 lakh units, a growth of 24 per cent over the year-ago period, it said.
Total expenses in the quarter under review were higher at Rs 11,295.53 crore compared to Rs 8,750.13 crore a year ago.
For FY26, consolidated PAT was Rs 5,775.7 crore against Rs 4,375.81 crore in FY25, the company said.
The consolidated revenue from operations in FY26 stood at Rs 47,411.24 crore compared to Rs 40,923.42 crore in FY25, it added.
Two-wheeler manufacturer Hero MotoCorp Ltd has recommended a final dividend of Rs 75 per share for its shareholders with a face value of Rs 2. The company has set Friday, July 24, 2026, as the record date to determine shareholders’ eligibility for the final dividend.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
