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Hero Motocorp share price & results

Hero Motocorp· Automobile and Auto Components· Consumer Discretionary

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

World's largest two-wheeler maker by volume; sells Hero motorcycles/scooters and VIDA EVs in 48 countries.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue12,999 ₹ crore+35.7% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin13.0 %−1.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit1,454 ₹ crore+29.1% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity27.09 %+5.5 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin15.24 %+6.8 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)25.64 %+7.6 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

4 of 5 judged targets kept · 10 open · verdicts reflect calls analysed to Q1 FY27.

Hero Motocorp management guidance track record on Inve: 15 targets tracked across analysed earnings calls (4 achieved, 1 missed, 10 open).

TargetOriginal wordingSaidLatest callVerdict
Revenue Growthdouble-digit revenue growth for next year (FY26)
Call transcript, Q3 FY25 · 7 Feb 2025		Q3 FY25Q1 FY27:Target achieved in prior quarter.
Call transcript, Q1 FY27 · 7 Aug 2026		Achieved
Hero FinCorp Profitabilitygo back to profitable growth
Call transcript, Q1 FY26 · 7 Aug 2025		Q1 FY26Q1 FY27:No update provided on Hero FinCorp profitability in the earnings call.
Call transcript, Q1 FY27 · 7 Aug 2026		Ghosted
Overall EBITDA Marginmaintaining our EBITDA margins between 14% to 16%
Call transcript, Q4 FY25 · 14 May 2025		Q4 FY25Q1 FY27:Delivered 13.3%, below the band due to commodity costs, but reiterated medium-term commitment.
Call transcript, Q1 FY27 · 7 Aug 2026		At Risk

Source: Inve Guidance Tracker for Hero Motocorp · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

1 of Hero Motocorp's 15 targets was missed. See which ones, and which are quietly gone. The 3 above are the free sample; 12 more targets are in the full ledger.

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Price

₹5,199 +3.01% · +₹152

Last close 26 Oct 2026 · NSE · INR · Source: Inve

Performance −6.2% 1Y

₹5.0k₹5.5k₹6.0kOct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 19 Nov 2025Q3 FY26 — 6 Feb 2026Q4 FY26 — 6 May 2026Q1 FY27 — 7 Aug 2026

1Y: ₹5,540.5 on 24 Oct 2025 → ₹5,199. High ₹6,350.5 (5 Dec 2025), low ₹4,775.5 (8 Jun 2026).

Previous close
₹5,047
Market cap
₹1.0L Cr
52-week range
₹4,775.5 – ₹6,350.5
One year
−7.93%
Price to earnings (TTM to Jun 2026)
18.86×
Return on equity (TTM to Jun 2026)
27.09%

Overview

Symbol
NSE:HEROMOTOCO
Industry
Consumer Discretionary
Exchange
NSE
Currency
INR

What Hero Motocorp does

Based on the company's own presentations, annual report and earnings calls.

Hero MotoCorp manufactures and sells motorcycles and scooters under the Hero brand across commuter, executive, performance and scooter ranges, alongside electric scooters under its VIDA marque. It also earns from Parts, Accessories & Merchandise (PAM) sold through its own retail and dealer network, from a joint-venture motorcycle line with Harley-Davidson (the X440), and from vehicle financing facilitated through its associate Hero FinCorp. The company manufactures domestically and at overseas plants in Colombia and Bangladesh, and distributes through a mix of owned, joint-venture and franchised dealerships in India and abroad.

Segments

  • Two-Wheelers (ICE)
  • Electric Vehicles (VIDA)
  • Parts, Accessories & Merchandise (PAM)
  • Global Business
Manufacturing plants
8 (6 in India plus Colombia and Bangladesh)
Installed annual production capacity
~9.4 million units
Countries present in
48
Lifetime customers served
124 million+
Retail/customer touchpoints worldwide
11,000+
Domestic touchpoints (India)
8,000+
Founded 1984Headquarters New Delhi, India Company website

How the price took the results

close before → close after

Q1 FY27
+3.1%
7 Aug
Q4 FY26
+1.2%
6 May
Q3 FY26
−0.2%
6 Feb
Q2 FY26
+1.3%
19 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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