Hero MotoCorp Limited (HEROMOTOCO) - Net Assets

Latest as of September 2025: Rs211.50 Billion INR ≈ $2.29 Billion USD

Based on the latest financial reports, Hero MotoCorp Limited (HEROMOTOCO) has net assets worth Rs211.50 Billion INR (≈ $2.29 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs326.61 Billion ≈ $3.53 Billion USD) and total liabilities (Rs115.11 Billion ≈ $1.24 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check HEROMOTOCO cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets Rs211.50 Billion
% of Total Assets 64.76%
Annual Growth Rate 14.46%
5-Year Change 24.71%
10-Year Change 118.3%
Growth Volatility 14.09

Hero MotoCorp Limited - Net Assets Trend (2004–2025)

This chart illustrates how Hero MotoCorp Limited's net assets have evolved over time, based on quarterly financial data. Also explore HEROMOTOCO total asset value for the complete picture of this company's asset base.

Annual Net Assets for Hero MotoCorp Limited (2004–2025)

The table below shows the annual net assets of Hero MotoCorp Limited from 2004 to 2025. For live valuation and market cap data, see HEROMOTOCO company net worth.

Year Net Assets Change
2025-03-31 Rs194.04 Billion
≈ $2.10 Billion		 +8.80%
2024-03-31 Rs178.35 Billion
≈ $1.93 Billion		 +6.28%
2023-03-31 Rs167.81 Billion
≈ $1.81 Billion		 +4.91%
2022-03-31 Rs159.95 Billion
≈ $1.73 Billion		 +2.80%
2021-03-31 Rs155.60 Billion
≈ $1.68 Billion		 +6.96%
2020-03-31 Rs145.47 Billion
≈ $1.57 Billion		 +9.90%
2019-03-31 Rs132.37 Billion
≈ $1.43 Billion		 +9.71%
2018-03-31 Rs120.65 Billion
≈ $1.30 Billion		 +16.20%
2017-03-31 Rs103.83 Billion
≈ $1.12 Billion		 +16.81%
2016-03-31 Rs88.89 Billion
≈ $961.28 Million		 +35.53%
2015-03-31 Rs65.59 Billion
≈ $709.28 Million		 +16.63%
2014-03-31 Rs56.23 Billion
≈ $608.16 Million		 +12.49%
2013-03-31 Rs49.99 Billion
≈ $540.61 Million		 +16.53%
2012-03-31 Rs42.90 Billion
≈ $463.93 Million		 +45.12%
2011-03-31 Rs29.56 Billion
≈ $319.69 Million		 -14.69%
2010-03-31 Rs34.65 Billion
≈ $374.73 Million		 -8.83%
2009-03-31 Rs38.01 Billion
≈ $411.04 Million		 +27.28%
2008-03-31 Rs29.86 Billion
≈ $322.95 Million		 +20.90%
2007-03-31 Rs24.70 Billion
≈ $267.13 Million		 +22.93%
2006-03-31 Rs20.09 Billion
≈ $217.30 Million		 +34.55%
2005-03-31 Rs14.93 Billion
≈ $161.50 Million		 +31.14%
2004-03-31 Rs11.39 Billion
≈ $123.16 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Hero MotoCorp Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 16428190000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings Rs164.28 Billion 85.24%
Common Stock Rs400.00 Million 0.21%
Other Comprehensive Income Rs27.06 Billion 14.04%
Other Components Rs976.90 Million 0.51%
Total Equity Rs192.72 Billion 100.00%

Hero MotoCorp Limited Competitors by Market Cap

The table below lists competitors of Hero MotoCorp Limited ranked by their market capitalization.

Company Market Cap
Industrivarden AB ser. A
ST:INDU-A
 $11.03 Billion
CSPC PHARMACEUT.GR. ADR4
F:CVGU
 $11.04 Billion
WOORI FIN. GRP SP.ADR/3
F:2WGA
 $11.06 Billion
Webster Financial Corporation
NYSE:WBS
 $11.06 Billion
DraftKings Inc
NASDAQ:DKNG
 $11.03 Billion
REXEL S.A. ADR EO 5
F:E7V0
 $11.02 Billion
Guardant Health Inc
NASDAQ:GH
 $11.02 Billion
Avidity Biosciences, Inc
NASDAQ:RNAM
 $11.02 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hero MotoCorp Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 176,989,200,000 to 192,720,400,000, a change of 15,731,200,000 (8.9%).
  • Net income of 43,784,800,000 contributed positively to equity growth.
  • Dividend payments of 27,998,300,000 reduced retained earnings.
  • Share repurchases of 69,200,000 reduced equity.
  • New share issuances of 69,200,000 increased equity.
  • Other comprehensive income increased equity by 26,674,300,000.
  • Other factors decreased equity by 26,729,600,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income Rs43.78 Billion +22.72%
Dividends Paid Rs28.00 Billion -14.53%
Share Repurchases Rs69.20 Million -0.04%
Share Issuances Rs69.20 Million +0.04%
Other Comprehensive Income Rs26.67 Billion +13.84%
Other Changes Rs-26.73 Billion -13.87%
Total Change Rs- 8.89%

Book Value vs Market Value Analysis

This analysis compares Hero MotoCorp Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 5.30x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 89.41x to 5.30x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2004-03-31 Rs57.03 Rs5099.00 x
2005-03-31 Rs74.79 Rs5099.00 x
2006-03-31 Rs100.62 Rs5099.00 x
2007-03-31 Rs123.70 Rs5099.00 x
2008-03-31 Rs149.55 Rs5099.00 x
2009-03-31 Rs190.33 Rs5099.00 x
2010-03-31 Rs173.52 Rs5099.00 x
2011-03-31 Rs148.03 Rs5099.00 x
2012-03-31 Rs214.83 Rs5099.00 x
2013-03-31 Rs250.70 Rs5099.00 x
2014-03-31 Rs281.57 Rs5099.00 x
2015-03-31 Rs327.51 Rs5099.00 x
2016-03-31 Rs442.40 Rs5099.00 x
2017-03-31 Rs516.57 Rs5099.00 x
2018-03-31 Rs599.43 Rs5099.00 x
2019-03-31 Rs656.90 Rs5099.00 x
2020-03-31 Rs721.28 Rs5099.00 x
2021-03-31 Rs771.65 Rs5099.00 x
2022-03-31 Rs792.89 Rs5099.00 x
2023-03-31 Rs832.72 Rs5099.00 x
2024-03-31 Rs883.96 Rs5099.00 x
2025-03-31 Rs962.57 Rs5099.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hero MotoCorp Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 22.72%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 10.70%
  • • Asset Turnover: 1.44x
  • • Equity Multiplier: 1.47x
  • Recent ROE (22.72%) is below the historical average (37.07%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 63.95% 12.49% 2.19x 2.34x Rs6.14 Billion
2005 54.27% 10.92% 2.25x 2.21x Rs6.61 Billion
2006 48.34% 11.15% 2.25x 1.93x Rs7.70 Billion
2007 34.73% 8.67% 2.33x 1.72x Rs6.11 Billion
2008 32.41% 9.37% 2.04x 1.70x Rs6.69 Billion
2009 33.72% 10.40% 2.02x 1.60x Rs9.02 Billion
2010 64.41% 14.16% 1.85x 2.46x Rs18.85 Billion
2011 65.22% 9.79% 1.82x 3.67x Rs16.32 Billion
2012 55.44% 10.11% 2.38x 2.31x Rs19.49 Billion
2013 42.31% 8.92% 2.46x 1.93x Rs16.18 Billion
2014 37.40% 8.30% 2.50x 1.80x Rs15.40 Billion
2015 36.16% 8.61% 2.58x 1.63x Rs17.11 Billion
2016 35.57% 11.04% 2.21x 1.46x Rs22.59 Billion
2017 34.75% 12.65% 1.85x 1.48x Rs25.53 Billion
2018 31.08% 11.70% 1.83x 1.45x Rs25.23 Billion
2019 26.25% 10.14% 1.84x 1.41x Rs21.32 Billion
2020 25.25% 12.44% 1.49x 1.37x Rs21.97 Billion
2021 18.93% 9.58% 1.32x 1.50x Rs13.76 Billion
2022 14.62% 8.00% 1.29x 1.42x Rs7.32 Billion
2023 16.87% 8.33% 1.41x 1.44x Rs11.44 Billion
2024 21.16% 9.96% 1.44x 1.48x Rs19.75 Billion
2025 22.72% 10.70% 1.44x 1.47x Rs24.51 Billion

Industry Comparison

This section compares Hero MotoCorp Limited's net assets metrics with peer companies in the Auto Manufacturers industry.

Industry Context

  • Industry: Auto Manufacturers
  • Average net assets among peers: $103,507,517,429
  • Average return on equity (ROE) among peers: 0.45%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Hero MotoCorp Limited (HEROMOTOCO) Rs211.50 Billion 63.95% 0.54x $11.03 Billion
Bajaj Auto Limited (BAJAJ-AUTO) $80.65 Billion 38.84% 0.57x $30.18 Billion
Eicher Motors Limited (EICHERMOT) $5.52 Billion 9.92% 1.24x $21.09 Billion
Hindustan Motors Limited (HINDMOTORS) $1.56 Billion -17.05% 4.00x $46.19 Million
Hyundai Motor India Ltd (HYUNDAI) $162.96 Billion 34.61% 0.85x $15.97 Billion
Mahindra & Mahindra Limited (M&M) $450.26 Billion 0.26% 2.05x $40.21 Billion
Ola Electric Mobility Ltd (OLAELEC) $20.19 Billion -78.46% 2.83x $1.66 Billion
SML Isuzu Limited (SMLISUZU) $3.40 Billion 15.04% 1.14x $491.77 Million

About Hero MotoCorp Limited

NSE:HEROMOTOCO India Auto Manufacturers
Market Cap
$11.03 Billion
Rs1.02 Trillion INR
Market Cap Rank
#2082 Global
#81 in India
Share Price
Rs5099.00
Change (1 day)
-0.30%
52-Week Range
Rs3767.60 - Rs6350.50
All Time High
Rs6350.50
Categories
Companies in India Auto Manufacturers
About

Hero MotoCorp Limited primarily engages in the manufacture and sale of motorised two wheelers in India, Asia, Central and Latin America, Africa, and the Middle East. The company offers motorcycles and scooters, as well as electric scooters. It provides engines, parts, and accessories, as well as non-banking financial and other related services. The company is also involved in merchandise business… Read more