Nifty
:
24102.90
Sensex
:
77094.07
89.80 (0.37%)
291.17 (0.38%)
Nifty
Sensex
:
:
24102.90
77094.07
89.80 (0.37%)
291.17 (0.38%)

Hero MotoCorp Ltd.

Automobile Two & Three Wheelers

Rating :
64/99

BSE: 500182 | NSE: HEROMOTOCO

NSE BSE
4983.70
22-Jun-2026
  • Open
  • High
  • Low
  • Previous Close
  •  5007
  •  5028
  •  4961.5
  •  4974.90
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  569422
  •  2844718099
  •  6388.5
  •  4190

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 99,747.33
  • 17.37
  • 2
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 99,143.68
  • 3.71%
  • 4.62

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 34.73%
  • 0.31%
  • 7.41%
  • FII
  • DII
  • Others
  • 31.15%
  • 24.43%
  • 1.97%

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
  • 7.58
  • 7.76

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 3.37
  • 8.46
  • 15.93

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 19.78
  • 20.59
  • 21.40

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 4.13
  • 4.19
  • 4.79

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 12.51
  • 13.29
  • 14.20

Earnings Forecasts:

(Updated: 23-06-2026)
Description
2024
2025
2026
2027
Adj EPS
269.19
286.45
315.32
296.87
P/E Ratio
18.51
17.40
15.81
16.79
Revenue
46024.5
51856.2
56402.7
61040.6
EBITDA
6745.92
7347.78
8232.35
8969.58
Net Income
5385.3
5730.4
6307.7
5945
ROA
18.26
17.42
17.79
17.54
P/B Ratio
4.61
4.23
3.87
3.60
ROE
25.3
25.14
25.75
26.02
FCFF
4849.01
4298.94
5715.92
5769.04
FCFF Yield
5.49
4.86
6.47
6.53
Net Debt
-14200.4
-16293.7
-17802.5
-21451.3
BVPS
1080.77
1177.61
1287.88
1384.54

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 26
Mar 25
Var%
Dec 25
Dec 24
Var%
Sep 25
Sep 24
Var%
Jun 25
Jun 24
Var%
Net Sales
12,978.28
9,969.81
30.18%
12,486.82
10,259.89
21.71%
12,218.39
10,482.93
16.56%
9,727.75
10,210.79
-4.73%
Expenses
11,056.31
8,529.06
29.63%
10,640.60
8,752.17
21.58%
10,354.35
8,946.84
15.73%
8,314.85
8,749.51
-4.97%
EBITDA
1,921.97
1,440.75
33.40%
1,846.22
1,507.72
22.45%
1,864.04
1,536.09
21.35%
1,412.90
1,461.28
-3.31%
EBIDTM
14.81%
14.45%
14.79%
14.70%
15.26%
14.65%
14.52%
14.31%
Other Income
210.04
274.19
-23.40%
297.76
306.42
-2.83%
240.39
238.66
0.72%
309.94
224.81
37.87%
Interest
18.72
16.93
10.57%
19.64
16.55
18.67%
19.25
18.32
5.08%
20.66
18.85
9.60%
Depreciation
220.50
204.14
8.01%
218.61
208.91
4.64%
210.27
206.10
2.02%
205.61
205.44
0.08%
PBT
1,892.79
1,493.87
26.70%
1,786.73
1,588.68
12.47%
1,874.91
1,550.33
20.94%
1,496.57
1,461.80
2.38%
Tax
366.60
396.16
-7.46%
417.02
388.56
7.32%
455.90
397.58
14.67%
420.36
375.45
11.96%
PAT
1,526.19
1,097.71
39.03%
1,369.71
1,200.12
14.13%
1,419.01
1,152.75
23.10%
1,076.21
1,086.35
-0.93%
PATM
11.76%
11.01%
10.97%
11.70%
11.61%
11.00%
11.06%
10.64%
EPS
72.96
58.07
25.64%
63.35
55.38
14.39%
65.43
53.19
23.01%
85.26
52.31
62.99%

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
47,411.24
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
15.85%
8.30%
10.63%
15.59%
-4.55%
5.83%
-13.89%
4.66%
13.45%
0.54%
 
Cost Of Goods Sold
31,679.37
26,806.11
25,460.70
23,925.84
20,898.27
21,731.38
19,816.09
23,435.20
21,885.82
19,108.76
19,313.16
Gross Profit
15,731.87
14,117.31
12,327.92
10,232.54
8,653.01
9,227.81
9,437.88
10,535.62
10,572.55
9,501.67
9,143.96
GP Margin
33.18%
34.50%
32.62%
29.96%
29.28%
29.81%
32.26%
31.01%
32.57%
33.21%
32.13%
Total Expenditure
40,366.11
35,155.50
32,609.56
30,188.95
26,208.65
26,956.65
25,374.34
29,078.74
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
1,734.93
1,683.87
1,579.37
1,583.71
1,432.49
1,339.46
% Of Sales
-
5.78%
5.70%
5.74%
5.98%
5.60%
5.76%
4.65%
4.88%
5.01%
4.71%
Manufacturing Exp.
-
1,059.14
928.08
779.16
661.07
627.31
712.40
705.16
647.46
689.59
595.14
% Of Sales
-
2.59%
2.46%
2.28%
2.24%
2.03%
2.44%
2.08%
1.99%
2.41%
2.09%
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
1,059.05
1,246.77
1,056.87
733.71
642.69
1,599.81
% Of Sales
-
5.65%
4.64%
4.12%
3.18%
3.42%
4.26%
3.11%
2.26%
2.25%
2.75%
EBITDA
7,045.13
5,767.92
5,179.06
3,969.43
3,342.63
4,002.54
3,879.63
4,892.08
5,325.05
4,575.97
4,397.70
EBITDA Margin
14.86%
14.09%
13.71%
11.62%
11.31%
12.93%
13.26%
14.40%
16.41%
15.99%
15.45%
Other Income
1,058.13
1,044.08
866.75
569.01
555.01
557.90
730.56
686.73
523.17
521.95
412.83
Interest
78.27
70.65
76.37
104.88
53.10
46.41
46.64
37.18
30.80
27.28
14.61
Depreciation
854.99
646.67
599.00
573.05
587.38
618.15
664.47
498.09
574.98
502.25
443.25
PBT
7,051.00
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
1,659.88
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
23.54%
25.56%
25.87%
27.55%
22.38%
23.44%
20.79%
32.48%
29.95%
29.31%
29.29%
PAT
5,391.12
4,378.48
3,744.83
2,809.96
2,316.88
2,917.75
3,638.11
3,444.09
3,720.40
3,584.27
3,141.98
PAT before Minority Interest
5,357.15
4,375.81
3,742.16
2,799.90
2,329.05
2,936.05
3,659.41
3,466.35
3,722.17
3,546.30
3,112.29
Minority Interest
-33.97
2.67
2.67
10.06
-12.17
-18.30
-21.30
-22.26
-1.77
37.97
29.69
PAT Margin
11.37%
10.70%
9.91%
8.23%
7.84%
9.42%
12.44%
10.14%
11.46%
12.53%
11.04%
PAT Growth
18.83%
16.92%
33.27%
21.28%
-20.59%
-19.80%
5.63%
-7.43%
3.80%
14.08%
 
EPS
269.42
218.81
187.15
140.43
115.79
145.81
181.81
172.12
185.93
179.12
157.02

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
652.47
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
174.87
360.50
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
-1,111.44
-905.62
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
448.32
32.35
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 unveils flex-fuel vehicles Splendor+, HF Deluxe
    4th Jun 2026, 09:08 AM

    The HF Deluxe Flex Fuel will be priced at Rs 72,792 (Ex-showroom Delhi), while the Splendor+ Flex Fuel will be priced at Rs 82,710 (Ex-showroom Delhi)

    Read More
  • Hero MotoCorp launches new Super Splendor XTEC 2.0
    27th May 2026, 16:58 PM

    The new variant is available at Hero MotoCorp dealerships across the country at an attractive price of Rs 86500 (Ex-Showroom, Delhi)

    Read More
  • Hero MotoCorp reports 26% rise in Q4FY26 consolidated net profit
    6th May 2026, 12:24 PM

    Consolidated total income of the company increased by 28.74% at Rs 13,188.32 crore for Q4FY26

    Read More
  • Hero MotoCorp acquires additional shares in Euler Motors
    2nd Apr 2026, 12:00 PM

    Post this acquisition, the Company holds 36.67% shares (on a fully diluted basis)

    Read More
  • Hero MotoCorp reports 9% rise in total sales in March 2026
    2nd Apr 2026, 09:30 AM

    In the domestic business, the company sold 552,505 units in March 2026

    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.