Market Closed -
NSE India S.E.
05:13:48 09/05/2024 pm IST
|
5-day change
|
1st Jan Change
|
4,568
INR
|
-0.70%
|
|
-0.64%
|
+10.25%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
5,60,332
|
3,57,328
|
7,11,698
|
6,72,744
|
8,06,812
|
12,50,517
|
-
|
-
|
Enterprise Value (EV)
1 |
5,27,150
|
3,04,278
|
6,42,677
|
6,42,349
|
7,00,202
|
11,46,994
|
11,19,093
|
10,88,461
|
P/E ratio
|
25.5
x
|
19.6
x
|
52.9
x
|
40.2
x
|
27.7
x
|
31.5
x
|
28.2
x
|
25.5
x
|
Yield
|
0.61%
|
0.96%
|
0.65%
|
0.85%
|
1.25%
|
1.04%
|
1.12%
|
1.22%
|
Capitalization / Revenue
|
5.72
x
|
3.9
x
|
8.16
x
|
6.53
x
|
5.59
x
|
7.6
x
|
6.81
x
|
6.15
x
|
EV / Revenue
|
5.38
x
|
3.32
x
|
7.37
x
|
6.24
x
|
4.85
x
|
6.97
x
|
6.1
x
|
5.35
x
|
EV / EBITDA
|
18.2
x
|
14
x
|
37.3
x
|
29.6
x
|
20.3
x
|
26.5
x
|
22.9
x
|
20
x
|
EV / FCF
|
67.2
x
|
26.5
x
|
55.5
x
|
72.5
x
|
32.3
x
|
37.7
x
|
30.5
x
|
26.8
x
|
FCF Yield
|
1.49%
|
3.77%
|
1.8%
|
1.38%
|
3.09%
|
2.65%
|
3.28%
|
3.74%
|
Price to Book
|
6.28
x
|
2.87
x
|
6.21
x
|
5.34
x
|
5.39
x
|
7.17
x
|
6.14
x
|
5.31
x
|
Nbr of stocks (in thousands)
|
2,72,826
|
2,73,037
|
2,73,336
|
2,73,423
|
2,73,482
|
2,73,801
|
-
|
-
|
Reference price
2 |
2,054
|
1,309
|
2,604
|
2,460
|
2,950
|
4,567
|
4,567
|
4,567
|
Announcement Date
|
10/05/19
|
12/06/20
|
27/05/21
|
13/05/22
|
11/05/23
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
97,971
|
91,536
|
87,204
|
1,02,978
|
1,44,422
|
1,64,601
|
1,83,607
|
2,03,350
|
EBITDA
1 |
29,031
|
21,804
|
17,225
|
21,722
|
34,436
|
43,247
|
48,910
|
54,405
|
EBIT
1 |
26,028
|
17,188
|
12,717
|
17,203
|
29,174
|
37,799
|
42,692
|
47,537
|
Operating Margin
|
26.57%
|
18.78%
|
14.58%
|
16.71%
|
20.2%
|
22.96%
|
23.25%
|
23.38%
|
Earnings before Tax (EBT)
1 |
32,973
|
23,232
|
17,673
|
21,424
|
34,845
|
47,759
|
53,408
|
58,639
|
Net income
1 |
22,027
|
18,274
|
13,469
|
16,766
|
29,139
|
39,439
|
44,354
|
49,240
|
Net margin
|
22.48%
|
19.96%
|
15.45%
|
16.28%
|
20.18%
|
23.96%
|
24.16%
|
24.21%
|
EPS
2 |
80.69
|
66.92
|
49.24
|
61.26
|
106.4
|
145.1
|
161.9
|
178.9
|
Free Cash Flow
1 |
7,840
|
11,482
|
11,588
|
8,862
|
21,650
|
30,426
|
36,728
|
40,667
|
FCF margin
|
8%
|
12.54%
|
13.29%
|
8.61%
|
14.99%
|
18.48%
|
20%
|
20%
|
FCF Conversion (EBITDA)
|
27%
|
52.66%
|
67.27%
|
40.8%
|
62.87%
|
70.35%
|
75.09%
|
74.75%
|
FCF Conversion (Net income)
|
35.59%
|
62.83%
|
86.03%
|
52.86%
|
74.3%
|
77.15%
|
82.81%
|
82.59%
|
Dividend per Share
2 |
12.50
|
12.50
|
17.00
|
21.00
|
37.00
|
47.51
|
51.33
|
55.80
|
Announcement Date
|
10/05/19
|
12/06/20
|
27/05/21
|
13/05/22
|
11/05/23
|
-
|
-
|
-
|
Fiscal Period: March |
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
---|
Net sales
1 |
28,283
|
29,403
|
19,743
|
22,496
|
28,806
|
31,933
|
33,975
|
35,194
|
37,210
|
38,043
|
39,864
|
40,636
|
40,500
|
42,362
|
45,601
|
EBITDA
1 |
6,720
|
6,250
|
3,630
|
4,699
|
5,824
|
7,570
|
8,311
|
8,216
|
8,572
|
9,336
|
10,208
|
10,505
|
10,473
|
11,293
|
-
|
EBIT
1 |
5,491
|
5,002
|
2,513
|
3,604
|
4,709
|
6,376
|
7,149
|
6,945
|
7,224
|
7,856
|
8,786
|
8,976
|
9,371
|
9,948
|
11,563
|
Operating Margin
|
19.42%
|
17.01%
|
12.73%
|
16.02%
|
16.35%
|
19.97%
|
21.04%
|
19.73%
|
19.41%
|
20.65%
|
22.04%
|
22.09%
|
23.14%
|
23.48%
|
25.36%
|
Earnings before Tax (EBT)
1 |
6,706
|
6,196
|
3,669
|
4,659
|
5,570
|
7,525
|
7,583
|
8,360
|
9,071
|
9,830
|
11,114
|
12,020
|
11,105
|
12,205
|
-
|
Net income
1 |
5,326
|
5,261
|
2,371
|
3,732
|
4,561
|
6,101
|
6,107
|
6,569
|
7,408
|
9,056
|
9,183
|
9,503
|
9,629
|
10,635
|
-
|
Net margin
|
18.83%
|
17.89%
|
12.01%
|
16.59%
|
15.83%
|
19.11%
|
17.97%
|
18.66%
|
19.91%
|
23.8%
|
23.04%
|
23.38%
|
23.78%
|
25.1%
|
-
|
EPS
2 |
19.46
|
19.21
|
8.660
|
13.63
|
16.66
|
22.29
|
22.30
|
23.98
|
27.04
|
33.06
|
33.50
|
35.68
|
36.20
|
40.51
|
-
|
Dividend per Share
2 |
-
|
17.00
|
-
|
-
|
-
|
21.00
|
-
|
-
|
-
|
37.00
|
-
|
-
|
-
|
46.10
|
-
|
Announcement Date
|
10/02/21
|
27/05/21
|
12/08/21
|
03/11/21
|
14/02/22
|
13/05/22
|
10/08/22
|
10/11/22
|
14/02/23
|
11/05/23
|
03/08/23
|
-
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
33,182
|
53,051
|
69,021
|
30,395
|
1,06,610
|
1,03,522
|
1,31,424
|
1,62,056
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
7,840
|
11,482
|
11,588
|
8,862
|
21,650
|
30,426
|
36,728
|
40,667
|
ROE (net income / shareholders' equity)
|
27.6%
|
23.7%
|
12.6%
|
13.9%
|
21.1%
|
24.1%
|
23%
|
22%
|
ROA (Net income/ Total Assets)
|
21.1%
|
15.3%
|
9.97%
|
10.9%
|
16.5%
|
17.7%
|
17.3%
|
16.2%
|
Assets
1 |
1,04,545
|
1,19,183
|
1,35,042
|
1,53,798
|
1,76,687
|
2,23,077
|
2,56,150
|
3,04,593
|
Book Value Per Share
2 |
327.0
|
456.0
|
419.0
|
461.0
|
547.0
|
637.0
|
743.0
|
861.0
|
Cash Flow per Share
2 |
57.60
|
62.10
|
62.60
|
55.80
|
104.0
|
143.0
|
165.0
|
180.0
|
Capex
1 |
7,890
|
5,459
|
5,548
|
6,408
|
6,825
|
8,388
|
8,058
|
8,379
|
Capex / Sales
|
8.05%
|
5.96%
|
6.36%
|
6.22%
|
4.73%
|
5.1%
|
4.39%
|
4.12%
|
Announcement Date
|
10/05/19
|
12/06/20
|
27/05/21
|
13/05/22
|
11/05/23
|
-
|
-
|
-
|
Last Close Price
4,567
INR Average target price
4,110
INR Spread / Average Target -10.02% Consensus |
1st Jan change
|
Capi.
|
---|
| +30.15% | 29.26B | | +1.85% | 11.42B | | +12.78% | 8.85B | | +12.24% | 5.54B | | -7.41% | 4.77B | | +44.38% | 2.02B | | +10.92% | 1.99B | | +75.62% | 1.45B | | -24.35% | 1.36B |
Motorcycles & Scooters
|