Hero MotoCorp Ltd.

Financial

	Hero MotoCorp	TVS Motor	Eicher Motors
Operational Metrics
Automobile Sector
Total Automobiles Sold - Monthly	388068.0 .	403976.0 .	90670.0 .
Automobiles Sold - Monthly - Domestic	357296.0 .	278983.0 .	80799.0 .
Automobiles Sold - Monthly - Export	30772.0 .	124993.0 .	9871.0 .
Two Wheeler
Two Wheelers Sold - Monthly - Domestic	357296.0 .	276072.0 .	80799.0 .
Unclassified
R&D as a % of Total Sales	2.15 %	2.02 %	3.0 %
Financials
5 yr Average ROE	19.37 %	20.15 %	17.0 %
5yr average Equity Multiplier	1.5	6.04	1.27
5yr Average Asset Turnover Ratio	1.34	0.93	0.69
5yr Avg Net Profit Margin	9.57 %	3.59 %	19.21 %
Price to Book	3.96	15.03	7.73
P/E	18.13	59.05	33.01
5yr Avg Cash Conversion Cycle	-32.33 Days	-53.88 Days	-41.76 Days
Inventory Days	17.48 Days	22.07 Days	29.83 Days
Days Receivable	25.41 Days	14.43 Days	8.12 Days
Days Payable	71.74 Days	94.7 Days	85.29 Days
5yr Average Interest Coverage Ratio	69.58	2.18	118.83
5yr Avg ROCE	22.55 %	18.88 %	20.07 %
5yr Avg Operating Profit Margin	12.57 %	12.34 %	23.07 %
5 yr average Debt to Equity	0.02	3.54	0.01
5yr CAGR Net Profit	0.58 %	21.97 %	16.97 %
5yr Average Return on Assets	12.91 %	3.32 %	13.36 %
Shareholdings
Promoter Holding	34.74 %	50.27 %	49.09 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	-0.01 %	-1.99 %	-0.13 %
Change in Mutual Fund Holding (3 Yrs)	7.69 %	-0.03 %	5.28 %

Business

	Hero MotoCorp	TVS Motor	Eicher Motors
Product Wise Break-Up	Product Wise Break-Up 2 Wheeler 84.31 Spare Parts & Accessories 15.69 Components 0 Parts & Accessories 0 Three-wheeler 0 Motorcycles, Scooters, Mopeds 0 Accessories and other allied products 0 Spare parts and other components 0	Product Wise Break-Up Components 0 Spare parts and other components 0 Spare Parts & Accessories 0 Accessories and other allied products 0 2 Wheelers 77.32 Parts & Accessories 8.31 Three-wheeler 0 2 Wheeler 0 Others 14.37	Product Wise Break-Up Components 0 Spare Parts & Accessories 7.22 Spare Parts & Accessories 0 Accessories 5.81 Motorcycles, Scooters, Mopeds 0 Parts & Accessories 0 Three-wheeler 0 2 Wheeler 0 Others 86.97
Location Wise Break-Up	Location Wise Break-Up India 95.28 Rest of the World 4.72	Location Wise Break-Up India 79.51 Rest of the World 20.49	Location Wise Break-Up India 87.98 Rest of the World 12.02
Asset Break-Up	Asset Break-Up India 95.74 Outside India 4.26 Overseas 0 Domestic 0	-	Asset Break-Up Outside India 0 Overseas 22.8 Domestic 77.2 India 0