HEROMOTOCO · NSE
Hero MotoCorp Limited
₹5,285.5
-0.74% (-₹39.5)
Prev. close
₹5,325
Volume
6,88,654
Delivery %
74.4%
As of
18 Sept 2026
Price history
Analyst sentiment
Analysts lean bullish
1 analyst stance · last 90 days · one per analyst
Trackable
none in window
Long-Horizon
none in window
Commentary
1 · 1 bull / 0 neutral / 0 bear
Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded
Analyst opinions
Market commentary · 1 · levels, conditionals, previews, macro & hedged views — context, not graded
| Call | Analyst | Instrument | Verdict | Actions |
|---|---|---|---|---|
| “Bullish on Hero MotoCorp for the rest of 2026, targeting ₹6,200. This is supported by anticipated rural income recovery …” | Rahul GhoseHedged.in | Hero MotoCorp | PENDING |
Fundamentals
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.
Details
Sector
Consumer Cyclical
Industry
Auto Manufacturers
CEO
Mr. Harshavardhan Madhav Chitale
Headquarters
New Delhi
Employees
9,177
Website
heromotocorp.comExchange
View on NSE ↗Key stats
Market cap
₹1.07 L Cr
P/E ratio (TTM)
19.2
Dividend yield
3.53%
EPS (TTM)
₹276.90
Beta (1Y · daily vs NIFTY 50)
1.21
Beta (5Y · monthly vs NIFTY 50)
1.04
Shares float
12.95 Cr
EPS · quarter ended Jun 2026
₹70.53
Upcoming earnings
12 Nov 2026
Financial Performance
01 · Financials
Revenue for Mar 2021–Mar 2022 is as filed with BSE (consolidated), and the first plotted growth figure is computed against Mar 2020 revenue as filed with BSE; the two sources' revenue definitions differ by 1.3% on Mar 2023. FY22 growth needs FY21 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹30,959.19 Cr | ₹29,551.28 Cr | ₹33,737.72 Cr | ₹37,599.03 Cr | ₹40,712.48 Cr | ₹47,048.39 Cr | |
| EBITDA | ₹4,657.41 Cr | ₹3,999.78 Cr | ₹4,665.88 Cr | ₹5,923.93 Cr | ₹6,828.80 Cr | ₹8,368.84 Cr |
| ₹2,936.05 Cr | ₹2,329.05 Cr | ₹2,809.96 Cr | ₹3,744.83 Cr | ₹4,378.48 Cr | ₹5,741.73 Cr | |
| Diluted EPS | ₹146.04 | ₹115.93 | ₹140.49 | ₹187.04 | ₹218.69 | ₹286.72 |
Depreciation & amortisation, Pretax income, Tax provision, Interest expense have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| — | — | ₹23,917.03 Cr | ₹26,152.79 Cr | ₹28,390.32 Cr | ₹33,452.59 Cr | |
| — | — | ₹567.54 Cr | ₹606.41 Cr | ₹699.93 Cr | ₹778.61 Cr | |
| Stockholders' equity | — | — | ₹16,655.57 Cr | ₹17,698.92 Cr | ₹19,272.04 Cr | ₹21,611.19 Cr |
Total assets, Current assets, Inventory, Trade receivables, Cash & equivalents, Non-current assets, Fixed assets, Total debt, Long-term debt, Current (short-term) debt, Others, Stockholders' equity have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹4,110.45 Cr | ₹2,103.70 Cr | ₹2,613.84 Cr | ₹4,923.07 Cr | ₹4,297.39 Cr | ₹8,314.62 Cr | |
| Investing cash flow | ₹-2,289.32 Cr | ₹-221.97 Cr | ₹-421.33 Cr | ₹-1,827.87 Cr | ₹-1,703.36 Cr | ₹-4,477.77 Cr |
| ₹-1,851.82 Cr | ₹-1,975.33 Cr | ₹-2,147.23 Cr | ₹-2,716.59 Cr | ₹-2,815.39 Cr | ₹-3,533.69 Cr | |
| Capital expenditure | ₹-49,969.56 Cr | ₹-42,674.76 Cr | ₹-604.25 Cr | ₹-787.89 Cr | ₹-856.43 Cr | ₹-1,100.10 Cr |
| End cash position | ₹274.62 Cr | ₹181.02 Cr | ₹226.30 Cr | ₹604.91 Cr | ₹383.55 Cr | ₹686.71 Cr |
Depreciation & amortization, Change in working capital, Debt issued, Debt repaid, Dividends paid have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Sep 21 | Dec 21–Mar 22(2Q) | Jun 22 | Sep 22–Sep 23(5Q) | Dec 23–Jun 24(3Q) | Sep 24 | Dec 24–Jun 25(3Q) | Sep 25–Jun 26(4Q) |
|---|---|---|---|---|---|---|---|---|
| Promoter | 34.76% | 34.75% | 34.78% | 34.77% | 34.76% | 34.75% | 34.74% | 34.73% |
| Public | 65.24% | 65.25% | 65.22% | 65.23% | 65.24% | 65.25% | 65.26% | 65.27% |
| Employee trusts | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Consumer Cyclical
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| Titan Company Limited | ₹4.36 L Cr | ₹4,841 | 75.4 | 27.74 | 32.3% | 1.95 | +44.8% | +37.4% |
| Maruti Suzuki India Limited | ₹3.88 L Cr | ₹12,103 | 27.0 | 3.62 | 13.7% | 0.00 | +20.1% | -23.5% |
| Mahindra & Mahindra Limited | ₹3.69 L Cr | ₹3,076.5 | 18.7 | 3.96 | 18.4% | 1.44 | +24.1% | -15.3% |
| Bajaj Auto Limited | ₹3.18 L Cr | ₹11,500 | 27.6 | 8.20 | 27.7% | 0.58 | +22.6% | +26.6% |
| ETERNAL LIMITED | ₹2.97 L Cr | ₹326.85 | 671.6 | 9.58 | 1.2% | 0.15 | +168.6% | -3.3% |
| Eicher Motors Limited | ₹2.06 L Cr | ₹7,516 | 35.7 | 8.20 | 22.0% | 0.02 | +23.9% | +8.5% |
| TVS Motor Company Limited | ₹1.95 L Cr | ₹4,171.3 | 55.9 | 20.38 | 31.6% | 3.43 | +29.2% | +17.6% |
| Hyundai Motor India Limited | ₹1.74 L Cr | ₹2,155 | 35.7 | 8.69 | 27.1% | 0.05 | +2.1% | -17.2% |
| Samvardhana Motherson International Limited | ₹1.70 L Cr | ₹162.57 | 38.9 | 4.16 | 9.4% | 0.47 | +11.1% | +49.2% |
| Tata Motors Limited | ₹1.63 L Cr | ₹442.9 | 37.9 | 12.81 | 23.8% | 0.44 | +44.3% | — |
| Trent Limited | ₹1.49 L Cr | ₹2,824 | 82.0 | 21.29 | 24.6% | 0.37 | +17.6% | -45.1% |
| Hero MotoCorp Limited | ₹1.05 L Cr | ₹5,221.5 | 19.2 | 4.84 | 26.6% | 0.04 | +15.6% | -1.3% |
Ranked by market cap within Consumer Cyclical, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 30
Concall transcripts
Show all 11
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
71 indices
NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.
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