Hero Fincorp Limited has announced its standalone quarterly results for quarter ended December 31, 2022. As per the results, in Q3FY23, the total revenue from operations of the Company has increased 35% to Rs. 1562 crore as against Rs. 1151 crore for the same period previous financial year. The Profit Before Tax of the Company has increased 36% to Rs. 245 crore as against Rs. 180 crore for the same period previous financial year. The Profit After Tax of the Company has also increased 36% to Rs. 245 crore as against Rs. 180 crore for the same period previous financial year. The net worth of the Company has increased 52% to Rs. 7269 crore as against Rs. 4782 crore for the same period previous financial year. The earning per share (basic) of the Company increased to Rs. 14.42 as against Rs. 10.48 for the same period previous financial year. The earning per share (diluted) of the Company increased to Rs. 11.21 as against Rs. 10.47 for the same period previous financial year.

Price Movement of Hero Fincorp Limited Unlisted Shares

The unlisted share price of Hero Fincorp Limited has varied approximately from Rs. 735 to Rs. 1100 over the last year. The variation in price was mainly due to demand and supply. Over the last one year, the demand has decreased for the share of Hero Fincorp Limited and thus the unlisted shares of Hero Fincorp has seen continuous fall in its share price.

Valuation of Hero Fincorp Limited Unlisted Shares

The book value of Hero Fincorp Limited is 427 at per share price of Rs. 735 in the unlisted market. The P/B of the Company is 1.72x. Conclusion - We can conclude that Hero Fin Corp is showing good revenue growth, and the profitability is going up as provisions of NPA is going down as economy is coming out of Covid-19 shock.

https://unlistedzone.com/shares/hero-fincorp-limited-share-price-buy-sell-unlisted-shares-of-hero-fincorp/