Nifty
:
25069.20
Sensex
:
81785.74
-44.80 (-0.18%)
-118.96 (-0.15%)
Nifty
Sensex
:
:
25069.20
81785.74
-44.80 (-0.18%)
-118.96 (-0.15%)

Hero MotoCorp Ltd.

Automobile Two & Three Wheelers

Rating :
63/99

BSE: 500182 | NSE: HEROMOTOCO

NSE BSE
5288.50
15-Sep-2025
  • Open
  • High
  • Low
  • Previous Close
  •  5324
  •  5356
  •  5268
  •  5301.50
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  588879
  •  3120735475.5
  •  6246.25
  •  3344

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 1,05,830.90
  • 21.05
  • 2
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 1,05,713.58
  • 3.12%
  • 5.22

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 34.74%
  • 0.43%
  • 7.98%
  • FII
  • DII
  • Others
  • 27.05%
  • 27.62%
  • 2.18%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 3.70
  • 5.74
  • 6.21

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 2.75
  • 7.07
  • 7.76

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 3.49
  • 8.11
  • 15.93

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 19.78
  • 20.99
  • 20.94

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 4.30
  • 4.03
  • 4.29

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 12.45
  • 13.40
  • 13.57

Earnings Forecasts:

(Updated: 15-09-2025)
Description
2024
2025
2026
2027
Adj EPS
218.96
246.47
271.38
287.16
P/E Ratio
24.15
21.46
19.49
18.42
Revenue
40923.4
44283.6
48218.3
51727.7
EBITDA
5908.04
6426.81
7071.81
7570.49
Net Income
4378.48
4913.65
5402.8
5701.63
ROA
16.06
18.17
18.52
18.04
P/B Ratio
5.49
4.91
4.52
4.22
ROE
23.69
24.23
24.53
24.62
FCFF
3891.16
4437.23
5008.84
5243.61
FCFF Yield
3.86
4.41
4.97
5.21
Net Debt
-6487.87
-13901.3
-15110.9
-16113
BVPS
963.55
1076.11
1169.4
1252.56

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Jun 25
Jun 24
Var%
Mar 25
Mar 24
Var%
Dec 24
Dec 23
Var%
Sep 24
Sep 23
Var%
Net Sales
9,727.75
10,210.79
-4.73%
9,969.81
9,616.68
3.67%
10,259.89
9,787.86
4.82%
10,482.93
9,533.07
9.96%
Expenses
8,314.85
8,749.51
-4.97%
8,529.06
8,223.11
3.72%
8,752.17
8,402.98
4.16%
8,946.84
8,173.52
9.46%
EBITDA
1,412.90
1,461.28
-3.31%
1,440.75
1,393.57
3.39%
1,507.72
1,384.88
8.87%
1,536.09
1,359.55
12.99%
EBIDTM
14.52%
14.31%
14.45%
14.49%
14.70%
14.15%
14.65%
14.26%
Other Income
309.94
224.81
37.87%
274.19
177.33
54.62%
306.42
243.57
25.80%
238.66
208.10
14.69%
Interest
20.66
18.85
9.60%
16.93
7.64
121.60%
16.55
22.74
-27.22%
18.32
24.98
-26.66%
Depreciation
205.61
205.44
0.08%
204.14
196.61
3.83%
208.91
193.92
7.73%
206.10
187.09
10.16%
PBT
1,496.57
1,461.80
2.38%
1,493.87
1,366.65
9.31%
1,588.68
1,411.79
12.53%
1,550.33
1,355.58
14.37%
Tax
420.36
375.45
11.96%
396.16
348.62
13.64%
388.56
364.96
6.47%
397.58
353.06
12.61%
PAT
1,076.21
1,086.35
-0.93%
1,097.71
1,018.03
7.83%
1,200.12
1,046.83
14.64%
1,152.75
1,002.52
14.99%
PATM
11.06%
10.64%
11.01%
10.59%
11.70%
10.70%
11.00%
10.52%
EPS
85.26
52.31
62.99%
58.07
46.77
24.16%
55.38
54.70
1.24%
53.19
50.35
5.64%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Net Sales
40,440.38
40,923.42
37,788.62
34,158.38
29,551.28
30,959.19
29,253.97
33,970.82
32,458.37
28,610.43
28,457.12
Net Sales Growth
3.30%
8.30%
10.63%
15.59%
-4.55%
5.83%
-13.89%
4.66%
13.45%
0.54%
 
Cost Of Goods Sold
26,488.54
26,806.11
25,460.70
23,925.84
20,898.27
21,743.61
19,830.95
23,444.42
21,885.82
19,108.76
19,313.16
Gross Profit
13,951.84
14,117.31
12,327.92
10,232.54
8,653.01
9,215.58
9,423.02
10,526.40
10,572.55
9,501.67
9,143.96
GP Margin
34.50%
34.50%
32.62%
29.96%
29.28%
29.77%
32.21%
30.99%
32.57%
33.21%
32.13%
Total Expenditure
34,542.92
35,155.50
32,609.56
30,188.95
26,208.65
26,859.68
25,193.05
28,952.39
27,133.32
24,034.46
24,059.42
Power & Fuel Cost
-
131.13
120.18
114.56
109.72
113.89
132.96
158.12
139.84
112.84
122.20
% Of Sales
-
0.32%
0.32%
0.34%
0.37%
0.37%
0.45%
0.47%
0.43%
0.39%
0.43%
Employee Cost
-
2,364.93
2,154.09
1,961.08
1,768.10
1,951.02
1,889.32
1,778.03
1,583.71
1,432.49
1,339.46
% Of Sales
-
5.78%
5.70%
5.74%
5.98%
6.30%
6.46%
5.23%
4.88%
5.01%
4.71%
Manufacturing Exp.
-
1,059.14
928.08
779.16
661.07
227.15
237.53
290.72
278.91
262.34
315.90
% Of Sales
-
2.59%
2.46%
2.28%
2.24%
0.73%
0.81%
0.86%
0.86%
0.92%
1.11%
General & Admin Exp.
-
128.47
134.10
139.16
133.22
123.49
91.51
113.04
161.35
306.45
308.15
% Of Sales
-
0.31%
0.35%
0.41%
0.45%
0.40%
0.31%
0.33%
0.50%
1.07%
1.08%
Selling & Distn. Exp.
-
2,353.36
2,059.57
1,862.01
1,698.74
1,566.60
1,690.74
2,030.98
1,981.43
1,741.64
1,599.81
% Of Sales
-
5.75%
5.45%
5.45%
5.75%
5.06%
5.78%
5.98%
6.10%
6.09%
5.62%
Miscellaneous Exp.
-
2,312.36
1,752.84
1,407.14
939.53
1,133.92
1,320.04
1,137.08
1,102.26
1,069.94
1,599.81
% Of Sales
-
5.65%
4.64%
4.12%
3.18%
3.66%
4.51%
3.35%
3.40%
3.74%
3.73%
EBITDA
5,897.46
5,767.92
5,179.06
3,969.43
3,342.63
4,099.51
4,060.92
5,018.43
5,325.05
4,575.97
4,397.70
EBITDA Margin
14.58%
14.09%
13.71%
11.62%
11.31%
13.24%
13.88%
14.77%
16.41%
15.99%
15.45%
Other Income
1,129.21
1,044.08
866.75
569.01
555.01
557.90
730.56
686.73
523.17
521.95
412.83
Interest
72.46
70.65
76.37
104.88
53.10
46.41
46.64
37.18
30.80
27.28
14.61
Depreciation
824.76
646.67
599.00
573.05
587.38
715.12
845.76
624.44
574.98
502.25
443.25
PBT
6,129.45
6,094.68
5,370.44
3,860.51
3,257.16
3,895.88
3,899.08
5,043.54
5,242.44
4,568.39
4,352.67
Tax
1,602.66
1,557.75
1,348.04
1,063.72
729.06
913.27
951.67
1,637.95
1,569.93
1,339.10
1,274.71
Tax Rate
26.15%
25.56%
25.87%
27.55%
22.38%
23.44%
20.79%
32.48%
29.95%
29.31%
29.29%
PAT
4,526.79
4,378.48
3,744.83
2,809.96
2,316.88
2,964.31
3,603.48
3,383.33
3,670.74
3,267.26
3,107.65
PAT before Minority Interest
4,515.42
4,375.81
3,742.16
2,799.90
2,329.05
2,982.61
3,624.78
3,405.59
3,672.51
3,229.29
3,077.96
Minority Interest
-11.37
2.67
2.67
10.06
-12.17
-18.30
-21.30
-22.26
-1.77
37.97
29.69
PAT Margin
11.19%
10.70%
9.91%
8.23%
7.84%
9.57%
12.32%
9.96%
11.31%
11.42%
10.92%
PAT Growth
8.98%
16.92%
33.27%
21.28%
-21.84%
-17.74%
6.51%
-7.83%
12.35%
5.14%
 
EPS
226.34
218.92
187.24
140.50
115.84
148.22
180.17
169.17
183.54
163.36
155.38

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Shareholder's Funds
19,272.04
17,698.92
16,655.57
15,846.65
15,416.42
14,406.28
13,120.41
11,971.46
10,315.51
8,834.11
Share Capital
40.00
39.98
39.97
39.96
39.96
39.95
39.95
39.94
39.94
39.94
Total Reserves
19,188.18
17,613.31
16,579.97
15,782.24
15,357.42
14,350.89
13,070.87
11,924.78
10,271.67
8,792.88
Non-Current Liabilities
2,975.80
2,548.54
2,102.49
1,802.66
1,956.26
1,947.07
2,457.90
2,301.69
1,834.66
1,396.46
Secured Loans
0.00
0.00
0.20
0.00
0.12
0.24
0.33
10.21
68.03
15.31
Unsecured Loans
0.00
0.00
19.89
36.17
45.06
43.78
124.51
139.42
139.87
130.67
Long Term Provisions
1,960.84
1,601.15
1,180.65
1,017.73
1,099.88
1,222.85
1,720.18
1,570.17
1,157.86
1,028.71
Current Liabilities
7,475.98
7,048.37
6,012.62
5,517.63
6,504.53
4,279.07
4,409.18
4,481.36
4,176.69
3,571.52
Trade Payables
5,699.66
5,622.90
4,760.14
4,343.09
5,264.18
3,127.62
3,438.24
3,375.26
3,266.20
2,675.34
Other Current Liabilities
1,098.07
922.49
793.25
698.74
779.37
825.88
727.55
970.44
827.84
782.32
Short Term Borrowings
456.76
343.54
266.55
296.65
285.16
165.88
183.68
75.37
40.08
84.06
Short Term Provisions
221.49
159.44
192.68
179.15
175.82
159.69
59.71
60.29
42.57
29.80
Total Liabilities
29,855.87
27,431.48
24,895.74
23,314.99
24,020.40
20,773.02
20,103.60
18,847.72
16,394.24
13,856.72
Net Block
6,282.98
6,232.20
6,159.20
6,193.54
6,380.39
6,472.93
4,952.36
4,960.96
4,598.85
3,783.71
Gross Block
17,186.55
16,414.76
15,766.25
15,199.96
14,824.01
14,288.61
12,020.04
11,478.10
10,597.49
9,335.15
Accumulated Depreciation
10,903.57
10,182.56
9,607.05
9,006.42
8,443.62
7,815.68
7,067.68
6,517.14
5,998.64
5,551.44
Non Current Assets
16,421.98
17,116.03
15,460.41
12,742.77
12,649.92
12,123.82
11,690.39
9,845.49
8,823.73
7,553.39
Capital Work in Progress
487.18
484.06
453.71
517.22
495.13
391.33
572.82
355.48
580.96
653.37
Non Current Investment
7,748.27
8,446.16
7,219.08
4,657.56
4,356.28
3,649.52
2,939.95
2,078.12
1,522.31
1,029.51
Long Term Loans & Adv.
1,897.52
1,794.49
1,450.33
1,364.54
1,411.91
1,604.98
2,943.07
2,204.02
1,873.23
1,834.55
Other Non Current Assets
6.03
159.12
178.09
9.91
6.21
5.06
282.19
246.91
248.38
252.25
Current Assets
13,433.89
10,315.45
9,435.33
10,572.22
11,370.48
8,649.20
8,413.21
9,002.23
7,570.51
6,303.33
Current Investments
6,635.99
4,305.08
3,671.85
5,870.31
6,225.34
4,709.12
3,173.88
5,591.12
4,544.06
3,471.57
Inventories
2,013.34
1,755.90
1,756.39
1,472.41
1,789.27
1,282.32
1,249.53
962.68
708.58
761.99
Sundry Debtors
3,381.29
2,630.22
2,719.47
2,158.49
2,274.68
1,511.91
2,745.11
1,426.97
1,551.75
1,282.07
Cash & Bank
574.08
696.47
422.80
299.74
396.24
435.41
303.90
237.57
195.39
179.09
Other Current Assets
829.19
509.58
628.44
572.77
684.95
710.44
940.79
783.89
570.73
608.61
Short Term Loans & Adv.
565.69
418.20
236.38
198.50
254.17
258.49
214.23
153.59
247.37
486.50
Net Current Assets
5,957.91
3,267.08
3,422.71
5,054.59
4,865.95
4,370.13
4,004.03
4,520.87
3,393.82
2,731.81
Total Assets
29,855.87
27,431.48
24,895.74
23,314.99
24,020.40
20,773.02
20,103.60
18,847.72
16,394.24
13,856.72

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Cash From Operating Activity
4,297.39
4,923.07
2,613.84
2,103.70
4,110.45
5,518.13
1,032.27
4,017.21
4,007.19
3,722.37
PBT
5,933.56
5,090.20
3,863.62
3,058.11
3,895.88
4,611.08
5,104.30
5,242.44
4,568.39
4,352.67
Adjustment
171.68
154.87
226.97
498.14
257.63
264.37
-55.81
90.31
185.85
150.17
Changes in Working Capital
-242.70
1,007.17
-620.19
-668.47
937.72
1,195.46
-1,945.76
197.46
439.97
322.97
Cash after chg. in Working capital
5,862.54
6,252.24
3,470.40
2,887.78
5,091.23
6,070.91
3,102.73
5,530.21
5,194.21
4,825.81
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-1,565.15
-1,329.17
-856.56
-784.08
-980.78
-552.78
-2,070.46
-1,513.00
-1,187.02
-1,103.44
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-1,703.36
-1,827.87
-421.33
-221.97
-2,289.32
-2,819.14
1,297.64
-1,858.21
-1,971.95
-2,300.18
Net Fixed Assets
-764.04
-608.71
-534.06
-362.85
-554.41
-2,036.57
-717.29
-610.53
-1,110.54
-906.52
Net Investments
-1,823.47
-2,075.74
-358.04
-152.65
-2,277.02
-2,254.04
1,556.59
-1,635.35
-1,308.83
-1,426.91
Others
884.15
856.58
470.77
293.53
542.11
1,471.47
458.34
387.67
447.42
33.25
Cash from Financing Activity
-2,815.39
-2,716.59
-2,147.23
-1,975.33
-1,851.82
-2,601.80
-2,252.40
-2,102.45
-2,035.86
-1,474.73
Net Cash Inflow / Outflow
-221.36
378.61
45.28
-93.60
-30.69
97.19
77.51
56.55
-0.62
-52.54
Opening Cash & Equivalents
604.91
226.30
181.02
274.62
305.31
208.12
130.61
74.06
74.68
127.22
Closing Cash & Equivalent
383.55
604.91
226.30
181.02
274.62
305.31
208.12
130.61
74.06
74.68

Financial Ratios

Consolidated /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Book Value (Rs.)
961.41
883.11
831.62
791.90
770.64
720.44
656.36
599.13
516.36
442.30
ROA
15.28%
14.30%
11.62%
9.84%
13.32%
17.74%
17.49%
20.84%
21.35%
25.19%
ROE
23.73%
21.84%
17.26%
14.92%
20.03%
26.36%
27.16%
32.97%
33.74%
40.05%
ROCE
31.78%
29.50%
23.93%
19.47%
25.96%
32.96%
39.64%
46.31%
46.79%
55.61%
Fixed Asset Turnover
2.48
2.39
2.25
2.00
2.16
2.22
2.89
3.00
3.11
3.51
Receivable days
26.31
25.41
25.57
26.90
21.98
26.56
22.41
16.42
16.69
15.77
Inventory Days
16.50
16.68
16.93
19.79
17.83
15.79
11.88
9.21
8.66
9.65
Payable days
77.09
74.42
69.44
83.90
70.43
48.25
43.72
45.58
46.92
42.33
Cash Conversion Cycle
-34.28
-32.33
-26.94
-37.21
-30.63
-5.90
-9.43
-19.94
-21.56
-16.92
Total Debt/Equity
0.02
0.02
0.02
0.02
0.02
0.01
0.02
0.02
0.03
0.03
Interest Cover
84.99
67.65
37.84
58.59
84.94
99.12
136.65
171.21
168.46
298.92

Annual Reports:

FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017
FY 2016

News Update:


  • Hero MotoCorp to pass on full GST reduction benefit to customers
    10th Sep 2025, 12:00 PM

    The company believes that this move will further enhance accessibility, affordability, and mobility-particularly in rural and semi-urban regions

    Read More
  • Hero MotoCorp commences sales of all-new XOOM 160
    8th Sep 2025, 15:23 PM

    The Xoom 160 sets a new benchmark in the ‘Super-Scooter’ category, bringing together innovative design, advanced technology and exceptional performance

    Read More
  • Hero MotoCorp reports 8% rise in total sales in August
    2nd Sep 2025, 10:00 AM

    Of the total sales, the company has sold 501,523 units of Motorcycles in the month of August 2025

    Read More
  • Hero MotoCorp launches all-new Glamour X 125
    20th Aug 2025, 09:26 AM

    The Glamour X 125 will be available in two variants - Drum at Rs 89,999 and Disc Rs 99,999 (ex-showroom Delhi) across Hero MotoCorp dealerships nationwide

    Read More
  • Hero MotoCorp signs MoU with DPIIT
    12th Aug 2025, 16:23 PM

    DPIIT and Hero MotoCorp will jointly support startups working in areas related to the future of mobility, clean technology and deep technology

    Read More
  • Hero MotoCorp reports 63% jump in Q1 consolidated net profit
    7th Aug 2025, 12:16 PM

    The consolidated total income of the company decreased by 3.81% at Rs 10037.69 crore for Q1FY26

    Read More
  • Hero MotoCorp - Quarterly Results
    6th Aug 2025, 17:48 PM

    Read More
  • Hero MotoCorp reports 21% rise in total sales in July 2025
    2nd Aug 2025, 11:05 AM

    In the domestic business, the company sold 4,12,397 units in July 2025

    Read More
  • Hero MotoCorp launches HF Deluxe Pro
    23rd Jul 2025, 11:30 AM

    The HF Deluxe Pro is available at Hero MotoCorp dealerships across the country at a price of Rs 73,550 (Ex-showroom Delhi)

    Read More
  • Hero MotoCorp to enter Germany, France, Spain, UK in Q2FY26
    15th Jul 2025, 10:41 AM

    The company is ‘Investing in the future -- India and beyond’

    Read More
  • Hero MotoCorp reports 10% rise in total sales in June 2025
    2nd Jul 2025, 11:52 AM

    In the domestic business the company sold 525,136 units in June 2025

    Read More
  • Hero MotoCorp to introduce VIDA VX2 with pioneering ‘Battery-as-a-Service’ model
    19th Jun 2025, 09:48 AM

    VIDA aims to democratize electric mobility while offering unmatched convenience, flexibility, and peace of mind

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.