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Unlisted Shares

Hero FinCorp Essentials

As of July 27, 2024, Hero FinCorp, Unlisted Shares are trading at ₹2070.00 per share, with a 52-week high of ₹2145 and 52-week low of ₹1220. The minimun lot size is 100 shares, and the shares are traded on NSDL and CDSL.

ISIN

INE957N01016

Face Value

₹ 10

Total Share

12,73,06,674

Total Income

₹ 3,061.37 undefined

Profit After Tax

₹ ****

EPS

₹ ****

P/E

****

P/B

****

Market Capitalisation

₹ 26,352.48 Cr

Enterprise Value

₹ ****

Book Value

₹ 382.45

Intrinsic Value

₹ ****

Dividend Yield

0.39 %

Earnings Yield

1.82 %

Sector

Financials

Sub-sector

Consumer Finance

Category

Upcoming IPO

Cashflow - Operations

-₹ 7,016.41

Cashflow - Financing

7,349.27

AUM

₹ 37,800 undefined

AUM Growth

₹ 0.25 %

Hero FinCorp Growth

Compounded Sales Growth

1 Year

4 Year

8 Year

Compounded Profit Growth

4 Year

8 Year

Return On Equity

2018

2019

2020

Highlights

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Robust Revenue Growth:- The company clocked Year-on-Year (Y-o-Y) Revenue growth of 37.0% in FY23. The 5-year CAGR revenue growth of the company stands out at 33.4%  

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Healthy Net Interest Margins (NIMs):- Company clocked Y-o-Y margins of 38.3% in FY23. The 5-year CAGR of NIMs growth stands out at 33.1%

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Volatility in Net Profit:- Company's profit has been showing a lot of volatility due to Provisions due to loan losses. In FY22 company recorded a net loss of Rs 192 Cr due to increase in Provisions of Loan Losses which showed a rise of 30.0% due to deterioration of asset quality of the company. In FY23, company recorded a net profit of Rs 480 Cr due to improved quality of Loans

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Improved Asset Quality:- The Net Non-Performing Assets (NNPA) of the company has reduced from Rs 1,350.4 Cr in FY22 to Rs 1,024.6 Cr in FY23 showcasing improved quality of the assets

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Backed by Legacy of Hero Group:- Hero MotoCorp Ltd. holds a significant chunk of 41.1% in Hero Fincorp

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Investment Thesis:- As compared to its peers (Mahindra & Mahindra Financial Services Ltd, L&T Finance Holdings Ltd) the P/E multiple of Hero Fincorp is 36.6 the industry average of 18.9 and the P/B multiple is 3.5 vs the industry average of 1.7 at these multiples as of company is overvalued 

Business Rating

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Managment

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Accounting Practice

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Profatibility

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Solvency

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Growth

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Valuation

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Overall Ratings

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Recommendation

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Our Team

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Mr. Pradeep Dinodia

( Non-Executive and Independent Director )

Quantity

Invest

, Min. Investment: ₹