Hero MotoCorp Limited share price
NSE: HEROMOTOCO · BSE: 500182 · ISIN INE158A01026
Key numbers
- Market cap
- ₹ 1,07,276 Cr
- Current price
- ₹ 5,360.00
- 52-week high / low
- ₹ 6,389 / 4,672
- Stock P/E
- 20.1
- Book value
- ₹ 1,080.1
- Dividend yield
- 3.45%
- ROCE
- 35.5%
- ROE
- 28.1%
- Debt to equity
- 0.04
- Sales growth (3 yrs)
- 11.7%
- Profit growth (3 yrs)
- 26.9%
- 1-year return
- 1.6%
About Hero MotoCorp Limited
Hero MotoCorp Limited primarily engages in the manufacture and sale of motorised two wheelers, spare parts and related services in India, Germany, Asia, Central and Latin America, Africa, and the Middle East. The company offers motorcycles and scooters, as well as electric scooters. It provides engines and accessories, as well as non-banking financial and other related services. The company is also involved in merchandise business. The company was formerly known as Hero Honda Motors Ltd. and changed its name to Hero MotoCorp Limited in July 2011. Hero MotoCorp Limited was incorporated in 1984 and is based in New Delhi, India.
Quarterly results
Consolidated figures in ₹ crores
| Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|
| Sales | 9,728 | 12,218 | 12,487 | 12,978 | 13,126 |
| Operating profit | 1,413 | 1,864 | 1,846 | 1,922 | 1,746 |
| Net profit | 1,705 | 1,309 | 1,268 | 1,460 | 1,412 |
| EPS (₹) | 85.26 | 65.41 | 63.36 | 72.98 | 70.59 |
Concall summary (2026-08-11)
AI summary of the earnings call transcript · tone: Positive · source document
Guidance & outlook
- This disciplined cost profile was made it Hero Hero MotoCorp Limited August 07, 2026 possible by continuous improvement in per uni t economics, targeting pricing actions and PLI benefit amounting to INR48 crores during the quarter.
- On the PLI front, I'm pleased to share that around 60% of our EV portfolio is now PLI certified, and we expect 100% of our portfolio to be PLI compliant by December 2026.
Growth & demand
- And 2-wheeler industry volumes grew 14% year-on-year in terms of VAHAN or retail sales, of which 11% was growth in ICE and 67% was in EV.
- ICE overall grew 21% year -on-year with 18% growth in domestic volumes and 63% growth in global business.
Margins & costs
- Because of this, our gross margin for the quarter came down under pressure, contracting 300 basis points quarter -on-quarter, primaril y due to an approximate 4.5% net commodity inflation impact.
- Looking specifically at our ICE portfolio, EBITDA margins held up even better, contracting by 90 basis points sequentially to 15.9%, cushioned by strong operating leverage, cost savings and higher profitability in our parts business.
Capex & expansion
- We've also increased our capacity in Splendor, looking at, encouraged by the growth that we are seeing even in our Splendor, which grew 15% year -on-year within the quarter.
- We are further increasing our capacity also in Xoom, which is a 50% further jump in the capacity of Xoom scooters.
Balance sheet & cash
- Our huge investments in terms of the right bandwidth in MotoSports is already paying us huge dividends across the globe, specifically in India and Latin America.
- We leveraged our operati ng scale to drive cost efficiencies across manufacturing and supply chain operations.
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