Nifty
:
24334.30
Sensex
:
78151.45
261.55 (1.09%)
964.58 (1.25%)
Nifty
Sensex
:
:
24334.30
78151.45
261.55 (1.09%)
964.58 (1.25%)

Hero MotoCorp Ltd.

Automobile Two & Three Wheelers

Rating :
70/99

BSE: 500182 | NSE: HEROMOTOCO

NSE BSE
4909.90
17-Jul-2026
  • Open
  • High
  • Low
  • Previous Close
  •  4900
  •  4925
  •  4870.9
  •  4898.00
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  434144
  •  2126261484.8
  •  6388.5
  •  4195

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 98,270.64
  • 17.12
  • 2
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 98,002.49
  • 3.77%
  • 4.56

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
  • 5.18
  • 9.92
  • 7.85

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 4.11
  • 15.41
  • 5.73

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 4.82
  • 19.90
  • 15.31

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 19.78
  • 20.59
  • 21.27

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 4.12
  • 4.20
  • 4.81

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 12.51
  • 13.28
  • 14.18

Earnings Forecasts:

(Updated: 11-07-2026)
Description
2026
2027
2028
2029
Adj EPS
76
-12
8.23
269.19
P/E Ratio
64.60
-409.16
596.59
18.24
Revenue
16.99
15.44
16.39
46024.5
EBITDA
51789.5
56377.2
61029
6745.92
Net Income
7337.1
8223.13
8967.95
5385.3
ROA
5730.4
6307.7
5945
18.26
P/B Ratio
-0.30
-0.27
-0.23
4.54
ROE
4.13
3.77
3.52
25.3
FCFF
25.06
25.65
26.03
4849.01
FCFF Yield
4292.39
5686.19
5766.86
5.68
Net Debt
5.03
6.66
6.75
-14200.4
BVPS
-16253.8
-17976.9
-21451.3
1080.77

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 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
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
Net Sales Growth
-
15.85%
8.30%
10.63%
15.59%
-4.55%
5.83%
-13.89%
4.66%
13.45%
 
Cost Of Goods Sold
-
31,575.88
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
Gross Profit
-
15,835.36
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
GP Margin
-
33.40%
34.50%
32.62%
29.96%
29.28%
29.81%
32.26%
31.01%
32.57%
33.21%
Total Expenditure
-
40,567.09
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
Power & Fuel Cost
-
144.83
131.13
120.18
114.56
109.72
113.89
132.96
158.12
139.84
112.84
% Of Sales
-
0.31%
0.32%
0.32%
0.34%
0.37%
0.37%
0.45%
0.47%
0.43%
0.39%
Employee Cost
-
2,496.28
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
% Of Sales
-
5.27%
5.78%
5.70%
5.74%
5.98%
5.60%
5.76%
4.65%
4.88%
5.01%
Manufacturing Exp.
-
1,120.91
1,059.14
928.08
779.16
661.07
627.31
712.40
705.16
647.46
689.59
% Of Sales
-
2.36%
2.59%
2.46%
2.28%
2.24%
2.03%
2.44%
2.08%
1.99%
2.41%
General & Admin Exp.
-
149.87
128.47
134.10
139.16
133.22
123.49
91.51
113.04
161.35
306.45
% Of Sales
-
0.32%
0.31%
0.35%
0.41%
0.45%
0.40%
0.31%
0.33%
0.50%
1.07%
Selling & Distn. Exp.
-
2,804.75
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
% Of Sales
-
5.92%
5.75%
5.45%
5.45%
5.75%
5.06%
5.78%
5.98%
6.10%
6.09%
Miscellaneous Exp.
-
2,274.57
2,312.36
1,752.84
1,407.14
939.53
1,059.05
1,246.77
1,056.87
733.71
1,741.64
% Of Sales
-
4.80%
5.65%
4.64%
4.12%
3.18%
3.42%
4.26%
3.11%
2.26%
2.25%
EBITDA
-
6,844.15
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
EBITDA Margin
-
14.44%
14.09%
13.71%
11.62%
11.31%
12.93%
13.26%
14.40%
16.41%
15.99%
Other Income
-
1,058.13
1,044.08
866.75
569.01
555.01
557.90
730.56
686.73
523.17
521.95
Interest
-
78.27
70.65
76.37
104.88
53.10
46.41
46.64
37.18
30.80
27.28
Depreciation
-
654.01
646.67
599.00
573.05
587.38
618.15
664.47
498.09
574.98
502.25
PBT
-
7,170.00
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
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
Tax Rate
-
23.54%
25.56%
25.87%
27.55%
22.38%
23.44%
20.79%
32.48%
29.95%
29.31%
PAT
-
5,741.73
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
PAT before Minority Interest
-
5,775.70
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
Minority Interest
-
-33.97
2.67
2.67
10.06
-12.17
-18.30
-21.30
-22.26
-1.77
37.97
PAT Margin
-
12.11%
10.70%
9.91%
8.23%
7.84%
9.42%
12.44%
10.14%
11.46%
12.53%
PAT Growth
-
31.14%
16.92%
33.27%
21.28%
-20.59%
-19.80%
5.63%
-7.43%
3.80%
 
EPS
-
286.94
218.81
187.15
140.43
115.79
145.81
181.81
172.12
185.93
179.12

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Shareholder's Funds
21,611.19
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
Share Capital
40.02
40.00
39.98
39.97
39.96
39.96
39.95
39.95
39.94
39.94
Total Reserves
21,529.02
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
Non-Current Liabilities
1,737.24
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
Secured Loans
0.00
0.00
0.00
0.20
0.00
0.12
0.24
0.33
10.21
68.03
Unsecured Loans
0.00
0.00
0.00
19.89
36.17
45.06
43.78
124.51
139.42
139.87
Long Term Provisions
698.01
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
Current Liabilities
11,427.47
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
Trade Payables
7,676.27
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
Other Current Liabilities
1,287.09
1,098.07
922.49
793.25
698.74
779.37
825.88
727.55
970.44
827.84
Short Term Borrowings
498.55
456.76
343.54
266.55
296.65
285.16
165.88
183.68
75.37
40.08
Short Term Provisions
1,965.56
221.49
159.44
192.68
179.15
175.82
159.69
59.71
60.29
42.57
Total Liabilities
34,975.73
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
Net Block
6,373.57
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
Gross Block
17,981.24
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
Accumulated Depreciation
11,607.67
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
Non Current Assets
14,548.06
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
Capital Work in Progress
764.96
487.18
484.06
453.71
517.22
495.13
391.33
572.82
355.48
580.96
Non Current Investment
7,081.53
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
Long Term Loans & Adv.
321.94
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
Other Non Current Assets
6.06
6.03
159.12
178.09
9.91
6.21
5.06
282.19
246.91
248.38
Current Assets
20,427.67
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
Current Investments
12,204.83
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
Inventories
2,650.09
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
Sundry Debtors
2,339.85
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
Cash & Bank
766.70
574.08
696.47
422.80
299.74
396.24
435.41
303.90
237.57
195.39
Other Current Assets
2,466.20
263.50
509.58
628.44
771.27
684.95
710.44
940.79
783.89
570.73
Short Term Loans & Adv.
2,273.24
565.69
418.20
236.38
198.50
254.17
258.49
214.23
174.87
360.50
Net Current Assets
9,000.20
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
Total Assets
34,975.73
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

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Cash From Operating Activity
8,314.62
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
PBT
7,435.58
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
Adjustment
-328.93
171.68
154.87
226.97
498.14
257.63
264.37
-55.81
90.31
185.85
Changes in Working Capital
2,374.73
-242.70
1,007.17
-620.19
-668.47
937.72
1,195.46
-1,945.76
197.46
439.97
Cash after chg. in Working capital
9,481.38
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
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-1,166.76
-1,565.15
-1,329.17
-856.56
-784.08
-980.78
-552.78
-2,070.46
-1,513.00
-1,187.02
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
-4,477.77
-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
Net Fixed Assets
-929.58
-764.04
-608.71
-534.06
-362.85
-554.41
-2,036.57
-717.29
-610.53
-1,111.44
Net Investments
-4,487.37
-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
Others
939.18
884.15
856.58
470.77
293.53
542.11
1,471.47
458.34
387.67
448.32
Cash from Financing Activity
-3,533.69
-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
Net Cash Inflow / Outflow
303.16
-221.36
378.61
45.28
-93.60
-30.69
97.19
77.51
56.55
-0.62
Opening Cash & Equivalents
383.55
604.91
226.30
181.02
274.62
305.31
208.12
130.61
74.06
74.68
Closing Cash & Equivalent
686.71
383.55
604.91
226.30
181.02
274.62
305.31
208.12
130.61
74.06

Financial Ratios

Consolidated /

Standalone
Description
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Book Value (Rs.)
1077.91
961.41
883.11
831.62
791.90
770.64
720.44
656.36
599.13
516.36
ROA
17.82%
15.28%
14.30%
11.62%
9.84%
13.32%
17.74%
17.49%
20.84%
21.35%
ROE
28.31%
23.73%
21.84%
17.26%
14.92%
20.03%
26.36%
27.16%
32.97%
33.74%
ROCE
35.92%
31.78%
29.50%
23.93%
19.47%
25.96%
32.96%
39.64%
46.31%
46.79%
Fixed Asset Turnover
2.74
2.48
2.39
2.25
2.00
2.16
2.22
2.89
3.00
3.11
Receivable days
21.66
26.31
25.41
25.57
26.90
21.98
26.56
22.41
16.42
16.69
Inventory Days
17.66
16.50
16.68
16.93
19.79
17.83
15.79
11.88
9.21
8.66
Payable days
77.31
77.09
74.42
69.44
83.90
70.43
48.25
43.72
45.58
46.92
Cash Conversion Cycle
-37.99
-34.28
-32.33
-26.94
-37.21
-30.63
-5.90
-9.43
-19.94
-21.56
Total Debt/Equity
0.02
0.02
0.02
0.02
0.02
0.02
0.01
0.02
0.02
0.03
Interest Cover
96.00
84.99
67.65
37.84
58.59
84.94
99.12
136.65
171.21
168.46

Annual Reports:

FY 2026
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017

News Update:


  • Hero MotoCorp enters into Germany through distribution partnership with KSR Group
    16th Jul 2026, 16:45 PM

    With this launch, Germany becomes Hero MotoCorp’s fifth European market and its 53rd market globally

    Read More
  • Hero MotoCorp's VIDA launches new VIDA EVOOTER VX2 Plus 4.4 kWh
    10th Jul 2026, 18:02 PM

    This long-range variant is engineered to accelerate the brand’s vision of ‘GHAR GHAR EVOOTER'

    Read More
  • Hero MotoCorp reports 2% fall in total sales in June 2026
    1st Jul 2026, 16:00 PM

    The company has sold 4,78,701 units of Motorcycles in the month of June 2026, a decrease of 6.62% over 5,12,658 units sold in June 2025

    Read More
  • 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

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.