WEBSITE BSE:500182 NSE: HEROMOTOCO Inc. Year: 1984 Industry: Automobile Two & Three Wheelers
Last updated: 10:44
Hero MotoCorp Limited is engaged in development, manufacturing, advertising, sale and distribution of two-wheelers and its components and accessories. Its product category consists of motorcycles, scooters, and parts. Its motorcycle products comprises XTREME 200S, XTREME 160R BS6, XPULSE 200T, XPULSE 200 4V, XPULSE 200 BS6, GLAMOUR BS6, NEW GLAMOUR and GLAMOUR XTEC,SUPER SPLENDOR BS6, SPLENDOR ISMART BS6, SPLENDOR+ BS6, PASSION PRO BS6, NEW SUPER SPLENDOR. Its scooter merchandise comprises PLEASURE+ XTEC, NEW MAESTRO EDGE 125 BS6, NEW MAESTRO E...Read More
Hero MotoCorp Limited is engaged in development, manufacturing, advertising, sale and distribution of two-wheelers and its components and accessories. Its product category consists of motorcycles, scooters, and parts. Its motorcycle products comprises XTREME 200S, XTREME 160R BS6, XPULSE 200T, XPULSE 200 4V, XPULSE 200 BS6, GLAMOUR BS6, NEW GLAMOUR and GLAMOUR XTEC,SUPER SPLENDOR BS6, SPLENDOR ISMART BS6, SPLENDOR+ BS6, PASSION PRO BS6, NEW SUPER SPLENDOR. Its scooter merchandise comprises PLEASURE+ XTEC, NEW MAESTRO EDGE 125 BS6, NEW MAESTRO EDGE 110 and DESTINI 125 BS6. Its add-ons comprises bungee nets, engine guards, fender, grip covers, helmets, knee pads, products, rim tapes, seat covers, aspect grabs, step women, and tank pads. It also offers HERO GENUINE 4T PLUS MOTORCYCLE ENGINE OIL and HERO GENUINE 4T PLUS SCOOTOER ENGINE OIL. It has 8 production facilities, including six in India (Dharuhera, Chittoor, Gurugram, Haridwar, Neemrana, Gujarat) and one each in Colombia and Bangladesh. ...Read Less
Our experts help you choose the right stocks based on performance, risk, and growth potential.
Market Cap ₹114872 Cr.
Stock P/E 26.3
P/B 5.1
Current Price ₹5741
Book Value ₹ 1118.2
Face Value 2
52W High ₹6390
Dividend Yield 2.87%
52W Low ₹ 3322.6
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 9533 | 9788 | 9617 | 10211 | 10483 | 10260 | 9970 | 9728 | 12218 | 12487 |
| Other Income | 208 | 244 | 177 | 225 | 239 | 306 | 274 | 310 | 240 | 298 |
| Total Income | 9741 | 10031 | 9794 | 10436 | 10722 | 10566 | 10244 | 10038 | 12459 | 12785 |
| Total Expenditure | 8174 | 8403 | 8223 | 8750 | 8947 | 8752 | 8529 | 8315 | 10354 | 10641 |
| Operating Profit | 1568 | 1628 | 1571 | 1686 | 1775 | 1814 | 1715 | 1723 | 2104 | 2144 |
| Interest | 25 | 23 | 8 | 19 | 18 | 17 | 17 | 21 | 19 | 20 |
| Depreciation | 187 | 194 | 197 | 205 | 206 | 209 | 204 | 206 | 210 | 219 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -119 |
| Profit Before Tax | 1356 | 1412 | 1367 | 1462 | 1550 | 1589 | 1494 | 1497 | 1875 | 1787 |
| Provision for Tax | 353 | 365 | 349 | 375 | 398 | 389 | 396 | 420 | 456 | 417 |
| Profit After Tax | 1003 | 1047 | 1018 | 1086 | 1153 | 1200 | 1098 | 1076 | 1419 | 1370 |
| Adjustments | 4 | 47 | -83 | -40 | -89 | -93 | 64 | 629 | -110 | -102 |
| Profit After Adjustments | 1006 | 1093 | 935 | 1046 | 1064 | 1108 | 1161 | 1705 | 1309 | 1268 |
| Adjusted Earnings Per Share | 50.4 | 54.7 | 46.8 | 52.3 | 53.2 | 55.4 | 58.1 | 85.3 | 65.4 | 63.3 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 27538 | 28457 | 28610 | 32458 | 33971 | 29254 | 30959 | 29551 | 34158 | 37789 | 40923 | 44403 |
| Other Income | 492 | 413 | 522 | 523 | 687 | 731 | 558 | 555 | 569 | 867 | 1044 | 1122 |
| Total Income | 28030 | 28870 | 29132 | 32982 | 34658 | 29985 | 31517 | 30106 | 34727 | 38655 | 41968 | 45526 |
| Total Expenditure | 24056 | 24059 | 24034 | 27133 | 29079 | 25374 | 26957 | 26209 | 30189 | 32610 | 35156 | 37839 |
| Operating Profit | 3974 | 4811 | 5098 | 5848 | 5579 | 4610 | 4560 | 3898 | 4538 | 6046 | 6812 | 7686 |
| Interest | 12 | 15 | 27 | 31 | 37 | 47 | 46 | 53 | 105 | 76 | 71 | 77 |
| Depreciation | 526 | 443 | 502 | 575 | 498 | 664 | 618 | 587 | 573 | 599 | 647 | 839 |
| Exceptional Income / Expenses | -145 | 0 | 0 | 0 | 0 | 677 | 0 | 0 | 0 | -160 | 0 | -119 |
| Profit Before Tax | 3292 | 4387 | 4885 | 5292 | 5104 | 4611 | 3849 | 3058 | 3864 | 5090 | 5934 | 6653 |
| Provision for Tax | 943 | 1275 | 1339 | 1570 | 1638 | 952 | 913 | 729 | 1064 | 1348 | 1558 | 1689 |
| Profit After Tax | 2349 | 3112 | 3546 | 3722 | 3466 | 3659 | 2936 | 2329 | 2800 | 3742 | 4376 | 4963 |
| Adjustments | 16 | 30 | 38 | -2 | -22 | -21 | -18 | -12 | 10 | 3 | 3 | 481 |
| Profit After Adjustments | 2365 | 3142 | 3584 | 3720 | 3444 | 3638 | 2918 | 2317 | 2810 | 3745 | 4378 | 5443 |
| Adjusted Earnings Per Share | 118.4 | 157.3 | 179.5 | 186.3 | 172.4 | 182.1 | 146 | 116 | 140.6 | 187.3 | 218.9 | 272.1 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 8% | 11% | 7% | 4% |
| Operating Profit CAGR | 13% | 20% | 8% | 6% |
| PAT CAGR | 17% | 23% | 4% | 6% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | 37% | 31% | 10% | 8% |
| ROE Average | 24% | 21% | 19% | 27% |
| ROCE Average | 32% | 28% | 26% | 37% |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 6540 | 8834 | 10316 | 11971 | 13120 | 14406 | 15416 | 15847 | 16656 | 17699 | 19272 |
| Minority's Interest | 19 | 55 | 67 | 93 | 116 | 141 | 143 | 148 | 125 | 136 | 132 |
| Borrowings | 12 | 146 | 208 | 150 | 125 | 44 | 45 | 36 | 20 | 0 | 0 |
| Other Non-Current Liabilities | 24 | 1250 | 1627 | 2152 | 2333 | 1903 | 1911 | 1766 | 2082 | 2549 | 2976 |
| Total Current Liabilities | 3986 | 3572 | 4177 | 4481 | 4409 | 4279 | 6505 | 5518 | 6013 | 7048 | 7476 |
| Total Liabilities | 10581 | 13857 | 16394 | 18848 | 20104 | 20773 | 24020 | 23315 | 24896 | 27431 | 29856 |
| Fixed Assets | 2952 | 3784 | 4599 | 4961 | 4952 | 6473 | 6380 | 6194 | 6159 | 6232 | 6283 |
| Other Non-Current Assets | 2249 | 3770 | 4225 | 4885 | 6738 | 5651 | 6270 | 6549 | 9301 | 10884 | 10139 |
| Total Current Assets | 5380 | 6303 | 7571 | 9002 | 8413 | 8649 | 11370 | 10572 | 9435 | 10315 | 13434 |
| Total Assets | 10581 | 13857 | 16394 | 18848 | 20104 | 20773 | 24020 | 23315 | 24896 | 27431 | 29856 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 69 | 127 | 75 | 74 | 131 | 208 | 305 | 275 | 181 | 226 | 605 |
| Cash Flow from Operating Activities | 2186 | 3722 | 4007 | 4017 | 1032 | 5518 | 4110 | 2104 | 2614 | 4923 | 4297 |
| Cash Flow from Investing Activities | 31 | -2300 | -1972 | -1858 | 1298 | -2819 | -2289 | -222 | -421 | -1828 | -1703 |
| Cash Flow from Financing Activities | -2131 | -1475 | -2036 | -2102 | -2252 | -2602 | -1852 | -1975 | -2147 | -2717 | -2815 |
| Net Cash Inflow / Outflow | 86 | -53 | -1 | 57 | 78 | 97 | -31 | -94 | 45 | 379 | -221 |
| Closing Cash & Cash Equivalent | 155 | 75 | 74 | 131 | 208 | 305 | 275 | 181 | 226 | 605 | 384 |
| # | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 118.41 | 157.34 | 179.48 | 186.3 | 172.42 | 182.13 | 146.03 | 115.96 | 140.6 | 187.34 | 218.92 |
| CEPS(Rs) | 143.92 | 178.04 | 202.73 | 215.18 | 198.47 | 216.46 | 177.89 | 145.97 | 168.77 | 217.17 | 251.12 |
| DPS(Rs) | 60 | 72 | 85 | 95 | 87 | 90 | 105 | 95 | 100 | 140 | 165 |
| Book NAV/Share(Rs) | 327.46 | 442.3 | 516.36 | 599.13 | 656.36 | 720.44 | 770.64 | 791.9 | 831.62 | 883.11 | 961.41 |
| Core EBITDA Margin(%) | 11.9 | 14.32 | 14.77 | 16.09 | 14.4 | 13.58 | 12.73 | 11.11 | 11.4 | 13.48 | 13.83 |
| EBIT Margin(%) | 11.29 | 14.33 | 15.86 | 16.08 | 15.13 | 16.3 | 12.39 | 10.34 | 11.4 | 13.45 | 14.4 |
| Pre Tax Margin(%) | 11.25 | 14.28 | 15.77 | 15.99 | 15.02 | 16.14 | 12.24 | 10.17 | 11.1 | 13.25 | 14.23 |
| PAT Margin (%) | 8.03 | 10.13 | 11.45 | 11.24 | 10.2 | 12.81 | 9.34 | 7.74 | 8.04 | 9.74 | 10.49 |
| Cash Profit Margin (%) | 9.82 | 11.58 | 13.07 | 12.98 | 11.67 | 15.13 | 11.3 | 9.7 | 9.69 | 11.3 | 12.04 |
| ROA(%) | 22.81 | 25.47 | 23.45 | 21.12 | 17.8 | 17.9 | 13.11 | 9.84 | 11.62 | 14.3 | 15.28 |
| ROE(%) | 38.62 | 40.49 | 37.05 | 33.42 | 27.65 | 26.61 | 19.71 | 14.92 | 17.26 | 21.84 | 23.73 |
| ROCE(%) | 52.66 | 56.05 | 50.02 | 46.74 | 40.12 | 33.21 | 25.65 | 19.47 | 23.93 | 29.5 | 31.78 |
| Receivable days | 14.3 | 15.77 | 16.69 | 16.42 | 22.41 | 27.19 | 21.98 | 26.9 | 25.57 | 25.41 | 26.31 |
| Inventory Days | 9.55 | 9.65 | 8.66 | 9.21 | 11.88 | 16.17 | 17.83 | 19.79 | 16.93 | 16.68 | 16.5 |
| Payable days | 46.32 | 50.92 | 56.75 | 55.38 | 53.06 | 60.47 | 70.47 | 83.9 | 69.44 | 74.42 | 77.09 |
| PER(x) | 22.32 | 18.71 | 17.96 | 19.03 | 14.82 | 8.75 | 19.96 | 19.81 | 16.69 | 25.18 | 17 |
| Price/Book(x) | 8.07 | 6.65 | 6.24 | 5.92 | 3.89 | 2.21 | 3.78 | 2.9 | 2.82 | 5.34 | 3.87 |
| Dividend Yield(%) | 2.27 | 2.45 | 2.64 | 2.68 | 3.4 | 5.65 | 3.6 | 4.14 | 4.26 | 2.97 | 4.43 |
| EV/Net Sales(x) | 1.91 | 2.07 | 2.25 | 2.18 | 1.5 | 1.08 | 1.88 | 1.55 | 1.37 | 2.49 | 1.82 |
| EV/Core EBITDA(x) | 13.25 | 12.23 | 12.64 | 12.11 | 9.15 | 6.86 | 12.76 | 11.79 | 10.31 | 15.54 | 10.91 |
| Net Sales Growth(%) | 8.95 | 3.34 | 0.54 | 13.45 | 4.66 | -13.89 | 5.83 | -4.55 | 15.59 | 10.63 | 8.3 |
| EBIT Growth(%) | 14.87 | 33.23 | 11.61 | 8.35 | -3.41 | -9.41 | -16.36 | -20.14 | 27.55 | 30.19 | 16.21 |
| PAT Growth(%) | 11.52 | 32.52 | 13.95 | 4.96 | -6.87 | 5.57 | -19.77 | -20.67 | 20.22 | 33.65 | 16.93 |
| EPS Growth(%) | 12.46 | 32.87 | 14.08 | 3.8 | -7.45 | 5.63 | -19.82 | -20.59 | 21.25 | 33.24 | 16.86 |
| Debt/Equity(x) | 0.02 | 0.03 | 0.03 | 0.02 | 0.02 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Current Ratio(x) | 1.35 | 1.76 | 1.81 | 2.01 | 1.91 | 2.02 | 1.75 | 1.92 | 1.57 | 1.46 | 1.8 |
| Quick Ratio(x) | 1.13 | 1.55 | 1.64 | 1.79 | 1.62 | 1.72 | 1.47 | 1.65 | 1.28 | 1.21 | 1.53 |
| Interest Cover(x) | 282.36 | 301.27 | 180.08 | 172.82 | 138.29 | 99.87 | 83.94 | 58.59 | 37.84 | 67.65 | 84.99 |
| Total Debt/Mcap(x) | 0 | 0 | 0 | 0 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0 | 0.01 |
| # | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 34.77 | 34.76 | 34.76 | 34.76 | 34.75 | 34.74 | 34.74 | 34.74 | 34.73 | 34.73 |
| FII | 26.79 | 28.33 | 28.92 | 29.86 | 29.58 | 27.95 | 27.42 | 27.04 | 28.75 | 29.42 |
| DII | 29.15 | 28.11 | 27.77 | 26.89 | 26.95 | 27.73 | 27.91 | 27.84 | 26.4 | 26.37 |
| Public | 9.3 | 8.8 | 8.55 | 8.49 | 8.72 | 9.58 | 9.92 | 10.38 | 10.11 | 9.47 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 6.95 | 6.95 | 6.95 | 6.95 | 6.95 | 6.95 | 6.95 | 6.95 | 6.95 | 6.95 |
| FII | 5.35 | 5.66 | 5.78 | 5.97 | 5.92 | 5.59 | 5.48 | 5.41 | 5.75 | 5.89 |
| DII | 5.83 | 5.62 | 5.55 | 5.38 | 5.39 | 5.55 | 5.58 | 5.57 | 5.28 | 5.28 |
| Public | 1.86 | 1.76 | 1.71 | 1.7 | 1.74 | 1.92 | 1.98 | 2.08 | 2.02 | 1.9 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 19.99 | 19.99 | 19.99 | 19.99 | 20 | 20 | 20 | 20 | 20.01 | 20.01 |
* The pros and cons are machine generated.
You May Also Know About
Looking to buy unlisted shares or need guidance on the investment process? Our expert Private Equity Advisors are here to assist you with accurate information, real-time pricing, and seamless execution.
Want to sell unlisted shares, liquidate your ESOPs, or understand the step-by-step process of liquidation? Connect with our Buying Team for smooth coordination, quick evaluations, and end-to-end support.
Planning to build or grow your portfolio? For Mutual Fund investments, PMS solutions, tailored portfolio creation, and overall wealth management, our dedicated Wealth Team is ready to guide you.
