HEROMOTOCO

P/E Ratio (TTM) 20.4× to 21.3× Dividend Yield 3.5–3.7% Market Capitalisation ₹ 93,000–₹ 93,500 Cr Hero MotoCorp remains nearly debt-free, boasts a healthy ROE of 23%, and a payout ratio of 73–75% Standalone Profit After Tax (PAT): ₹ 1,126 Cr, up just 0.3% YoY vs ₹ 1,123 Cr, slightly beating estimates due to a one‐time gain of ₹ 722 Cr from Ather dilution Revenue: ₹ 9,579 Cr (–5.6% YoY) EBITDA: ₹ 1,382 Cr (–5.3%), with EBITDA margin at 14.4% Sales volume: 13.67 lakh units in motorcycles & scooters