1. India Stocks

  2. •

    Consumer durables

  3. •

    Motor vehicles
Hero Motocorp Limited

Hero Motocorp Limited

5,047.00
INR
-81.00
(-1.58%)
274.04EPS
17.60P/E
959.31BMarket Cap
Oct 28Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
1,264.27
1,375.69
1,413.15
1,416.25
1,592.66
1,673.87
1,442.56
1,524.44
1,450.35
1,688.36
1,881.16
2,035.93
2,351.76
2,539.56
Basic EPS, GAAP
105.3
118.42
157.34
179.49
186.3
172.45
182.15
146.07
115.96
140.62
187.36
218.96
287.01
272.34
Free Cash Flow per Basic Share
148.38
109.45
186.41
200.67
201.16
51.69
275.61
205.77
105.29
130.81
246.31
214.9
415.61
- -
Dividend per Share
60.06
95
70
87
85
96.57
97.98
96.03
95.46
100
135.19
140.01
175.32
- -
Book Value per Share
281.57
369.36
442.39
516.56
599.44
656.92
721.25
771.67
793.08
833.45
885.29
963.55
1,080.07
- -
Tangible Book Value per Share
264.05
334.75
407
489.26
571.89
627.22
689.79
729.23
745.19
777.68
827.19
902.54
1,014.07
- -
Basic Weighted Avg Shares
200
200
200
200
200
200
200
200
200
200
200
200
200
200
Sales/Revenue/Turnover
252,459
274,707
282,189
282,814
318,058
334,300
288,126
304,516
289,776
337,377
375,990
407,125
470,484
508,098
Operating Margin (%)
9.69
10.89
14.11
14.48
14.99
13.18
11.27
11.13
9.59
10.22
12.2
12.68
13.19
12.81
Depreciation Expense
11,074
5,405
4,433
5,023
5,750
6,244
8,458
7,151
6,895
6,974
7,574
8,246
8,550
8,692
Net Income, GAAP
21,027
23,647
31,420
35,843
37,204
34,441
36,381
29,178
23,169
28,100
37,448
43,785
57,417
54,488
Effective Tax Rate (%)
26.47
28.66
29.06
27.41
29.67
32.09
20.64
23.73
23.84
27.53
26.48
26.25
22.32
24.1
Profit Margin (%)
8.33
8.61
11.13
12.67
11.7
10.3
12.63
9.58
8
8.33
9.96
10.75
12.2
10.72
Working Capital
11,347
21,587
27,318
33,938
45,209
40,040
43,701
48,660
50,546
34,227
32,671
59,579
90,002
- -
LT Debt
- -
120
1,460
2,079
1,496
1,248
2,516
2,576
2,517
2,398
1,991
1,962
2,191
- -
Total Equity
56,235
74,212
88,887
103,829
120,647
132,365
145,469
155,596
159,947
167,806
178,346
194,041
218,110
- -
Return on Invested Capital (%)
31.01
30.17
33.87
30.03
29.25
23.17
21.84
16.68
12.97
14.83
18.32
19.9
22.18
- -
Return on Capital (%)
36.55
35.49
38.35
36.85
32.61
26.68
25.6
18.85
14.32
17.06
21.26
23
27.02
- -
Return on Common Equity (%)
39.57
36.39
38.77
37.43
33.39
27.45
26.43
19.57
14.82
17.29
21.8
23.69
28.09
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
5,596
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
2,191
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
200
200
200
Market Capitalization
1,154,671
1,013,055
959,306

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
189,045
- -
Cash, Cash Equivalents & STI
- -
129,413
- -
Accounts Receivable, Net
- -
23,399
- -
Inventories
- -
26,501
- -
Total Current Liabilities
- -
99,043
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
5,596
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.48%
7.04%
12.4%
Free Cash Flow
48.61%
28.91%
93.48%
Net Income, GAAP
7.83%
16.4%
31.14%
Sales/Revenue/Turnover
5.66%
9.38%
15.56%
Total Cash Common Dividend
10.34%
13.66%
25.27%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
102,108
104,829
102,599
99,698
407,125
2026
97,278
122,184
124,868
129,783
470,484
2027
131,264
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
52.31
53.19
55.38
58.08
218.96
2026
85.26
65.41
63.36
72.98
287.01
2027
70.59
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
140.01
2026
- -
- -
- -
- -
175.32
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Harshavardhan Madhav Chitale
Full Time Employees
39,297
Sector
Consumer durables
Industry
Motor vehicles
Address
The Grand Plaza New Delhi DE India 110070
IPO Date
Jan 25, 1995
Website
heromotocorp.com
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Business
Hero MotoCorp Limited manufactures and sells motorcycles, scooters and electric two-wheelers primarily in India and over 50 countries across Asia, Africa, Latin America, the Middle East and Europe; its core products include commuter motorcycles such as Splendor Plus, Splendor Plus Xtec, Super Splendor Xtec, HF Deluxe, HF Deluxe Pro and Passion Plus; entry-level and premium motorcycles like Glamour, Glamour Xtec, Xtreme 125R, Xtreme 160R 4V, Xtreme 250R, XPulse 200 4V, XPulse 210, Karizma XMR and Mavrick 440; scooters encompassing Destini 125, Destini Prime, Xoom 110, Xoom 125, Pleasure Plus and Pleasure Plus Xtec; and electric scooters under the VIDA brand including V1, V2 and VX2; the company provides after-sales services, spare parts, maintenance, roadside assistance and digital customer support through over 6,000 dealerships and service points. Hero MotoCorp Limited, founded in 1984 as a joint venture with Honda and renamed in 2011 following the partnership termination, maintains headquarters in New Delhi, India, with manufacturing facilities in Dharuhera, Gurugram, Neemrana, Haridwar, Halol and Chittoor, plus international plants in Colombia, Bangladesh and a new subsidiary in Brazil; it operates R&D centers in Jaipur, India and Germany, and holds stakes in Ather Energy and Euler Motors. Recent developments encompass a March 2025 acquisition of 32.5% stake in Euler Motors for Rs 5.25 billion to enter electric three-wheelers; April 2025 establishment of wholly owned Hero MotoCorp do Brasil Ltda for manufacturing and distribution; October 2025 entry into the UK market via partnership with MotoGB Ltd for premium Euro 5+ motorcycles like Hunk 440, expanding to 51 countries; multiple 2025 launches including 125cc motorcycles, expanded VIDA electric scooters, second Harley-Davidson co-developed 440cc bike and Surge S32 class-changing vehicle; and market cap surpassing Rs 1 lakh crore.