Hero MotoCorp Ltd (HEROMOTOCO)
₹5,270.00
Mkt cap
₹1.06L Cr
P/E ratio
19.20
P/B
4.88
Div yield
3.49%
ROE
28.10%
ROCE
35.20%
EPS (TTM)
₹274.48
Book value
₹1,080
52W range
4,776–6,351
Sector
Consumer Discretionary
Price history
Previous close
Hero Moto Corp earlier also known as “Hero Honda” is one of India’s first motorcycle manufacturers. The company started in 1984 as a Technological collaboration with Honda, Japan. Before this collaboration, Hero was selling Cycles under the brand name, Hero Cycles. In 2011, Honda group sold its 26% stake in the company to the Munjals (promoters) and ended the JV. Post the termination of JV, the name of the company was changed to Hero Motocorp. [1] [2]
NSE HEROMOTOCOBSE 500182
Health check
Constructive
ValuationCheap
ProfitabilityStrong
GrowthModerate
TechnicalsBearish
52-week range
−17.01% from high₹5,270
₹4,776+10.35% from low₹6,351
Current
₹5,270.00
Prev close
₹5,300.00
Day
−0.57%
Price performance
1D
−0.57%
1W
−3.30%
1M
−7.95%
3M
+8.54%
6M
−4.18%
1Y
+0.50%
YTD
−11.17%
Financials
Revenue, profit & margin
P/E ratio
19.2×
HEROMOTOCO is 47% below the sector median of 36.0×
HEROMOTOCO19.2×
Sector median36.0×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 8,851 | 9,533 | 9,788 | 9,617 | 10,211 | 10,483 | 10,260 | 9,970 | 9,728 | 12,218 | 12,487 | 12,978 | 13,126 | |
| Expenses | 7,734 | 8,174 | 8,403 | 8,298 | 8,804 | 9,033 | 8,844 | 8,529 | 8,315 | 10,452 | 10,735 | 11,109 | 11,424 | |
| Operating Profit | 1,117 | 1,360 | 1,385 | 1,319 | 1,407 | 1,450 | 1,416 | 1,441 | 1,413 | 1,766 | 1,752 | 1,870 | 1,702 | |
| OPM % | 13% | 14% | 14% | 14% | 14% | 14% | 14% | 14% | 15% | 14% | 14% | 14% | 13% | |
| Other Income | 66 | 213 | 288 | 177 | 225 | 239 | 306 | 345 | 939 | 240 | 179 | 210 | 460 | |
| Interest | 21 | 25 | 23 | 8 | 19 | 18 | 17 | 17 | 21 | 19 | 20 | 19 | 21 | |
| Depreciation | 180 | 187 | 194 | 197 | 205 | 206 | 209 | 204 | 206 | 210 | 219 | 220 | 220 | |
| Profit before tax | 982 | 1,360 | 1,456 | 1,292 | 1,408 | 1,464 | 1,497 | 1,565 | 2,126 | 1,777 | 1,692 | 1,841 | 1,921 | |
| Tax % | 29% | 26% | 25% | 27% | 27% | 27% | 26% | 25% | 20% | 26% | 25% | 20% | 26% | |
| Net Profit | 701 | 1,007 | 1,091 | 943 | 1,032 | 1,066 | 1,108 | 1,169 | 1,706 | 1,321 | 1,275 | 1,474 | 1,418 | |
| EPS in Rs | 35.53 | 50.35 | 54.70 | 46.77 | 52.31 | 53.19 | 55.38 | 58.06 | 85.26 | 65.42 | 63.35 | 72.97 | 70.59 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move −0.10% · closed higher next day 33 of last 61
| Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26† | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 2 Nov '23 | 10 Feb '24◦ | 8 May '24◦ | 13 Aug '24◦ | 15 Nov '24◦ | 6 Feb '25◦ | 13 May '25◦ | 6 Aug '25◦ | 13 Nov '25◦ | 5 Feb '26◦ | 5 May '26◦ | 6 Aug '26◦ |
| Earnings day | −1.30% | −4.51% | +3.27% | −3.30% | +2.80% | +1.05% | +0.09% | +4.15% | +0.54% | −0.22% | +1.19% | +3.14% |
| +1 day | −0.10% | −3.34% | +5.71% | −2.24% | +3.73% | −0.79% | +6.43% | +2.79% | +5.26% | −0.16% | +4.58% | +5.58% |
| +5 days | +2.63% | −1.15% | +11.43% | +1.61% | +5.10% | −8.69% | +4.93% | +5.21% | +8.97% | −3.16% | −2.23% | +4.31% |
| +15 days | +14.75% | −6.05% | +11.32% | +9.32% | −0.34% | −14.17% | +3.37% | +17.19% | +15.29% | −0.97% | −0.67% | +0.89% |
| +30 days | +25.78% | −6.85% | +18.16% | +15.36% | −9.11% | −14.23% | +5.84% | +21.33% | +1.04% | −12.16% | −1.71% | — |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
Last 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Dividend - Rs 75 Per Share | 75.00 | 24 Jul '26 | 24 Jul '26 |
Shareholding
as of Jun 202634.73%Promoter
Promoters34.73%
FIIs31.09%0.06
DIIs24.26%0.43
Public9.82%0.48
Government0.09%
Ownership trend
Peers
7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| BAJAJ-AUTO | ₹11,919.00 | 27.79 | 3,27,539 | 1.26% | 3,189 | +45.93% | 21,689 | +65.14% | 28.24% |
| EICHERMOT | ₹7,630.50 | 36.01 | 2,09,474 | 1.07% | 1,463 | +21.35% | 6,632 | +31.55% | 30.53% |
| TVSMOTOR | ₹4,133.10 | 56.76 | 1,96,358 | 0.29% | 1,058 | +67.11% | 16,296 | +33.46% | 17.37% |
| HEROMOTOCO | ₹5,300.00 | 19.15 | 1,06,075 | 3.49% | 1,418 | −17.18% | 13,126 | +34.94% | 35.22% |
| ATHERENERG | ₹1,584.00 | — | 62,822 | 0.00% | −51 | +71.46% | 1,217 | +88.79% | −19.77% |
| OLAELEC | ₹38.20 | — | 17,681 | 0.00% | −336 | +21.50% | 455 | −45.05% | −19.56% |
| ZELIO | ₹878.90 | 66.32 | 1,859 | 0.00% | 16 | +80.92% | 170 | +75.65% | 38.41% |
| Median: 10 Co. | ₹1,231.45 | 36.01 | 40,251 | 0.34% | 49 | +33.72% | 895 | +34.20% | 15.32% |
Filings
Annual reports15
Annual Report 2026bseAnnual Report 2025bseAnnual Report 2024bseAnnual Report 2023bseAnnual Report 2022bseAnnual Report 2021bseAnnual Report 2020bseAnnual Report 2019bseAnnual Report 2018bseAnnual Report 2017bseAnnual Report 2016bseAnnual Report 2015bseAnnual Report 2014bseAnnual Report 2013bseAnnual Report 2012bse
Concall transcripts55
TranscriptAug 2026PPTAug 2026RECAug 2026TranscriptMay 2026TranscriptFeb 2026RECFeb 2026TranscriptNov 2025RECNov 2025TranscriptAug 2025TranscriptMay 2025RECMay 2025TranscriptFeb 2025PPTFeb 2025RECFeb 2025TranscriptNov 2024RECNov 2024TranscriptAug 2024PPTAug 2024PPTJun 2024TranscriptMay 2024TranscriptFeb 2024PPTFeb 2024TranscriptNov 2023TranscriptAug 2023
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Press Release / Media Release 1 Sep - Hero MotoCorp reported August 2026 dispatches of 5,68,398 units; VIDA launched VX2 Go, and Anuj Dua named CBO Premium.Announcement under Regulation 30 (LODR)-Change in Management 31 Aug - Hero MotoCorp appoints Suresh Kumar P as Chief Digital & Information Officer, effective August 31, 2026.Announcement under Regulation 30 (LODR)-Updates on Acquisition 28 Aug - Hero MotoCorp completed purchase of Ather shares for about Rs. 1,758 crore, taking stake to 32.8%.Announcement under Regulation 30 (LODR)-Acquisition 27 Aug - Hero MotoCorp approved up to Rs 1,758 crore purchase of additional Ather Energy shares, lifting stake to ~32.8% by September 3, 2026.Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 27 Aug - Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, please find attached the schedule of investor ....