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HEROMOTOCO

NSEAutomobile and Auto ComponentsCap: ₹1.03L Cr

Hero MotoCorp Ltd.

-8.5%YTD

Non-Compliant (Not Permissible)

Evaluated using MSCI criteria

Reasons for Non-Compliance:
  • Liquidity: Cash 38.69% exceeds limit 33.33%.

Market Fundamentals

Live NSE/BSE
Market Cap
₹1.03L Cr
P/E Ratio
17.2x
P/B Ratio
4.4x
52W High
₹6,388.5
52W Low
₹4,671.5
Div. Yield
358.00%
Shares O/S
20.02 Cr

Where Does the Money Come From?

Revenue breakdown for Hero MotoCorp Ltd.

Core Automobile and Auto Components OperationsPermissible Operating Activity

Permissible: Core operations in Automobile and Auto Components.

99.4%of Total Revenue
Treasury Interest & Secondary Non-Operating IncomeImpure Interest Income (Riba)

Non-operating interest income earned from cash and fixed deposits. Requires purification.

0.6%of Total Revenue
About Hero MotoCorp Ltd.

Permissible: Core operations in Automobile and Auto Components.

Interest-Bearing Debt Ratio
2.33%Max: ≤ 33.0%
Cash & Securities Liquidity
38.69%Max: ≤ 33.0%
Impure Revenue Ratio
0.62%Max: ≤ 5.0%
Screening Denominator
Total Assets

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⚠️ Note: HEROMOTOCO is not Halal. The right step is to sell this stock, not just purify the dividends. Keeping a non-compliant investment is not resolved by Sadaqah.