Hero MotoCorp
Market cap ₹1.01 L Cr
- P/E
- 18.55
- Day range
- ₹4,994.50 – ₹5,169.50
- 52-week range
- ₹4,671.50 – ₹6,388.50
- Volume
- 5.05 L
- Open
- ₹5,112.00
- Prev close
- ₹5,128.00
Latest results · Q1 FY27(consolidated)Revenue ₹13,126 Cr+34.9%Profit ₹1,418 Cr-16.9%Margin 10.8%YoY vs the same quarter last year
No red flags in exchange filings: no rising pledge, promoter selling, surveillance or critical filing on record.
HEROMOTOCO in NSE indices and F&O
F&O margin for one lot of HEROMOTOCO (150 shares)Research profile
Composite 67 / 100Factor percentiles
Derived metrics
- Earn. yield
- 5.4%
- Graham no.
- ₹2,574.74
- vs Graham
- -49.0%
- ROE ÷ P/B
- 6.0%
- 12-1 mom.
- -3.6%
- Return / vol
- -0.36
- Magic Formula
- #33
- Piotroski
- 5/6
- FCF yield
- 7.1%
- PEG
- 0.71
Appears in 15 scans
Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.
Peer comparison
All 50 in Auto| Company | M-cap | P/E | P/B | ROE | ROCE | OPM | D/E | Sales YoY |
|---|---|---|---|---|---|---|---|---|
| Maruti SuzukiMARUTI | ₹3.53 L Cr | 24.63 | 3.30 | 14.4% | 19.0% | 8.0% | 0.00 | +35.9% |
| Mahindra & MahindraM&M | ₹3.44 L Cr | 17.42 | 3.82 | 21.9% | 15.0% | 19.0% | 1.47 | +27.8% |
| Bajaj AutoBAJAJ-AUTO | ₹2.77 L Cr | 23.95 | 7.31 | 28.6% | 28.0% | 21.0% | 0.58 | +65.1% |
| Eicher MotorsEICHERMOT | ₹1.94 L Cr | 33.62 | 7.74 | 23.8% | 31.0% | 24.0% | 0.02 | +31.5% |
| TVS MotorTVSMOTOR | ₹1.89 L Cr | 55.17 | 19.80 | 35.3% | 17.0% | 14.0% | 3.43 | +33.5% |
| Motherson SumiMOTHERSON | ₹1.61 L Cr | 37.17 | 3.92 | 10.8% | 13.0% | 9.0% | 0.47 | +16.7% |
| Hyundai Motor IndiaHYUNDAI | ₹1.50 L Cr | 30.36 | 7.71 | 29.9% | 38.0% | 9.0% | 0.05 | -0.5% |
| Hero MotoCorpHEROMOTOCO | ₹1.01 L Cr | 18.55 | 4.75 | 28.3% | 35.0% | 13.0% | 0.04 | +34.9% |
| Sector median | ₹24,286 Cr | 30.36 | 5.70 | 16.7% | 18.0% | 13.0% | 0.24 | +22.0% |
Sector as classified in the tracked universe; medians use every tracked Auto company, and P/E only profitable ones. Tinted figures beat the median.
Latest news
Updated 6h agoHeadlines about Hero MotoCorp from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.
Key metrics
- P/E (TTM)
- 18.2
- EPS (TTM)
- ₹272.08
- Price / Book
- 4.67
- ROE (FY26)
- 28.3%
- ROCE (latest year)
- 35%
- Dividend yield
- 3.67%
Moving averages (NSE)
- 20-day
- ₹5,126.55
- Price below
- 50-day
- ₹5,344.6
- Price below
- 200-day
- ₹5,295.64
- Price below
Charts & trends
From company filings. Amounts in ₹ crore.
Revenue, profit & margin - quarterly
₹ crore; a loss shows red. Operating margin below, same periods.
- Revenue
- Net profit
Operating margin
Who owns the company
% of equity by quarter, latest Sept 2026
- Promoter
- FII
- DII
- Public
- Government
Cash flows
Where cash came from and went, by fiscal year (₹ crore)
- Operating
- Investing
- Financing
- Free cash flow
Return on equity
Net profit over shareholders' equity, by fiscal year
Equity vs debt
Shareholders' equity against borrowings (₹ crore); the ratio below, same years.
- Equity
- Debt
Debt to equity
Dividends per share
₹ by fiscal year of the ex-date; the latest year runs to date.
Financial statements
| Line item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 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 | 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 | 1,360 | 1,385 | 1,319 | 1,407 | 1,450 | 1,416 | 1,441 | 1,413 | 1,766 | 1,752 | 1,870 | 1,702 |
| OPM % | 14% | 14% | 14% | 14% | 14% | 14% | 14% | 15% | 14% | 14% | 14% | 13% |
| Other Income | 213 | 288 | 177 | 225 | 239 | 306 | 345 | 939 | 240 | 179 | 210 | 460 |
| Interest | 25 | 23 | 8 | 19 | 18 | 17 | 17 | 21 | 19 | 20 | 19 | 21 |
| Depreciation | 187 | 194 | 197 | 205 | 206 | 209 | 204 | 206 | 210 | 219 | 220 | 220 |
| Profit before tax | 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 % | 26% | 25% | 27% | 27% | 27% | 26% | 25% | 20% | 26% | 25% | 20% | 26% |
| Net Profit | 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 | ₹50.35 | ₹54.70 | ₹46.77 | ₹52.31 | ₹53.19 | ₹55.38 | ₹58.06 | ₹85.26 | ₹65.42 | ₹63.35 | ₹72.97 | ₹70.59 |
From company filings, updated 26 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.
Working-capital cycle
-9 days since Mar 2021
+1 days since Mar 2021
0 days since Mar 2021
-8 days since Mar 2021
-10 days since Mar 2021
Strengths, risks & growth
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]
Strengths
- Company is almost debt free.
- Stock is providing a good dividend yield of 3.67%.
- Company has been maintaining a healthy dividend payout of 71.5%
- Debtor days have improved from 24.5 to 18.0 days.
Risks
- The company has delivered a poor sales growth of 8.90% over past five years.
Compounded Sales Growth
- 10 Years
- +5%
- 5 Years
- +9%
- 3 Years
- +12%
- TTM
- +26%
Compounded Profit Growth
- 10 Years
- +7%
- 5 Years
- +16%
- 3 Years
- +28%
- TTM
- +10%
Stock Price CAGR
- 10 Years
- +4%
- 5 Years
- +13%
- 3 Years
- +17%
- 1 Year
- -9%
Return on Equity
- 10 Years
- +23%
- 5 Years
- +21%
- 3 Years
- +24%
- Last Year
- +28%
Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.
Shareholding pattern
| Holder | Dec 2025 | Mar 2026 | Jun 2026 | Sept 2026 | Change |
|---|---|---|---|---|---|
| Promoter | 34.73% | 34.73% | 34.73% | 34.72% | -0.01 pp |
| FII | 29.43% | 31.15% | 31.09% | 32.22% | +1.13 pp |
| DII | 26.28% | 24.69% | 24.26% | 23.84% | -0.42 pp |
| Government | 0.08% | 0.08% | 0.09% | 0.09% | 0.00 pp |
| Public | 9.48% | 9.34% | 9.82% | 9.10% | -0.72 pp |
Filed with NSE for Sept 2026: promoters 34.72%, public 65.28% · XBRL filing
Analysts & fund holdings
Who holds the shares, quarter by quarter
Mutual funds 12.27% (-1.36 pp)- Promoters34.7%
- Foreign institutions32.2%
- Mutual funds12.3%
- Insurance1.9%
- Other domestic institutions9.8%
- Retail7.2%
- Others1.9%
| Fund | % of company | % of fund | 3-month change |
|---|---|---|---|
| Kotak Flexi Cap Fund | 1.00% | 1.97% | +0.26 pp |
| Kotak Multi Cap Fund | 0.94% | 3.26% | +0.06 pp |
| Mirae Asset Large & Midcap Fund | 0.84% | 2.05% | +0.09 pp |
| Kotak Large & Mid Cap Fund | 0.61% | 2.10% | +0.22 pp |
| Mirae Asset Midcap Fund | 0.54% | 2.89% | -0.04 pp |
Scorecard
- Performance
- Avg
- Valuation
- High
- Growth
- Avg
- Profitability
- High
- Entry point
- Good
- Red flags
- Low
Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.
Risk & trend
From 275 daily sessions to 23 Oct 2026.
Risk
- Volatility (1Y)
- 26.2%
- Downside volatility
- 27.2%
- Worst 5% of days
- 3.1%
- Average of that tail
- 3.7%
- Max drawdown (1Y)
- 24.8%
- Below its peak
- 20.5%
Against the market
- Beta vs Nifty 50
- 1.18
- Correlation
- 0.60
- Relative strength (3M)
- +2.9%
- ATR (14)
- 2.8%
Return
- Return 1M
- -6.1%
- Return 3M
- -2.5%
- Return 6M
- -2.7%
- Return 1Y
- -9.4%
- vs 200-day average
- -4.7%
Momentum
- RSI (14)
- 42.5
- MACD histogram
- 16.82
- Stochastic %K
- 44.6
- ADX (14)
- 26.4
- +DI / −DI
- 15.6 / 23.8
- Money flow index
- 43.7
Participation
- Delivery (20d avg)
- 53.5%
- vs its 60-day baseline
- -0.8 pts
- Volume vs 20-day
- +0.0σ
- Close vs day's VWAP
- +0.2%
- 52-week position
- 17 / 100
These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.
Financial quality
From consolidated statements to 31 Mar 2026.
Piotroski F-Score
5 of 6 tested
- Return on assets positive — passed
- Operating cash flow positive — not testableno cash flow statement for this period
- Return on assets improving — passed
- Cash flow exceeds profit — not testableneeds cash flow and profit against assets
- Debt to assets falling — passed
- Current ratio improving — passed
- No new equity issued — not testableno share count is collected, and financing cash flow mixes equity with debt
- Operating margin improving — failed
- Asset turnover improving — passed
- Free cash flow
- ₹7,215 Cr
- FCF yield
- 7.1%
- Cash conversion
- 1.44
- Accruals ratio
- -0.076
- Net debt
- ₹92 Cr
- Net debt / equity
- 0.00
- EV / sales
- 1.99
- PEG
- 0.71
- Capex intensity
- 2.3%
- Revenue CAGR
- 30.2%
- Profit CAGR
- 26.1%
Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.
Corporate actions
- dividend₹75.00
Dividend - Rs 75 Per Share
24 Jul 2026ex-date - dividend₹110.00
Interim Dividend - Rs 110 Per Share
11 Feb 2026ex-date - dividend₹65.00
Dividend - Rs 65 Per Share
24 Jul 2025ex-date - dividend₹100.00
Interim Dividend - Rs 100 Per Share
12 Feb 2025ex-date - dividend₹40.00
Annual General Meeting/Dividend - Rs 40 Per Share
1 Aug 2024ex-date - dividend₹75.00
Interim Dividend - Rs 75 Per Share/ Special Dividend - Rs 25 Per Share
21 Feb 2024ex-date - dividend₹35.00
Annual General Meeting/Dividend - Rs 35 Per Share
27 Jul 2023ex-date - dividend₹65.00
Interim Dividend - Rs 65 Per Share
17 Feb 2023ex-date - dividend₹35.00
Annual General Meeting/Dividend - Rs 35 Per Share
27 Jul 2022ex-date - dividend₹60.00
Interim Dividend - Rs 60 Per Share
21 Feb 2022ex-date - dividend₹25.00
Annual General Meeting/Dividend - Rs 25 Per Share/ Special Dividend - Rs 10 Per Share
22 Jul 2021ex-date - dividend₹65.00
Interim Dividend - Rs 65 Per Share Special Dividend - Rs 5 Per Share
15 Feb 2021ex-date - dividend₹25.00
Annual General Meeting/Dividend - Rs 25 Per Share
30 Jul 2020ex-date - dividend₹65.00
Interim Dividend - Rs 65 Per Sh
17 Feb 2020ex-date - dividend₹32.00
Annual General Meeting/Dividend - Rs 32 Per Share
16 Jul 2019ex-date - dividend₹55.00
Interim Dividend - Rs 55 Per Share
11 Feb 2019ex-date - dividend₹40.00
Annual General Meeting / Dividend- Rs 40 Per Share
11 Jul 2018ex-date - dividend₹55.00
Interim Dividend Rs 55/- Per Share
15 Feb 2018ex-date - dividend₹30.00
Annual General Meeting/Dividend - Rs 30/- Per Share
30 Jun 2017ex-date - dividend₹55.00
Interim Dividend Rs 55/- Per Share
16 Mar 2017ex-date
Company announcements
Please find attached a copy of the Press Release being issued by the Company.
Please find enclosed herewith a certificate under Regulations 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026.
Pursuant to Regulation 30 of the SEBI Listing Regulations, please find enclosed herewith the copies of the newspaper advertisement published regarding the issue of duplicate share certificate ....
Hero Motocorp Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/10/2026 ,inter alia, to consider and approve the unaudited standalone and ....
Please find enclosed herewith a Copy of the Press Release being issued by the Company.
Please be informed that the trading window for dealing in the securities of the Company will remain closed from Thursday, October 1, 2026 till 48 hours after the declaration of financial ....
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached the schedule of investor conference.
Pursuant to Regulation 30 of the SEBI Listing Regulations, please find attached the disclosure document informing that the Company has been assigned an ESG Score of "74" by Niche Ninety ....
Please find enclosed herewith copies of the newspaper advertisement(s) published regarding the issue of duplicate share certificate in lieu of original share certificate that are reported ....
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached the schedule of investor conference.
Pursuant to Regulation 30 of the SEBI Listing Regulations, please refer to the attached disclosure document.
Pursuant to Regulation 30 of the SEBI Listing Regulations, please find attached the copies of the newspaper advertisement(s) publishing that the special window has been opened for transfer ....
Please find enclosed herewith a copy of the Press Release being issued by the Company.
Pursuant to Regulation 30 of the SEBI Regulations, please refer to the disclosure document.
Pursuant to Regulation 30 of the SEBI Listing Regulations, please refer to the disclosure document regarding purchase of additional equity shares in Ather Energy Limited.
Filed with BSE (scrip 500182); the last 45 days. Documents open at bseindia.com.
SEBI filings & orders
From SEBI's website. An order may concern the company, its officers or trading in its shares, and may be under appeal - read the order itself. Personal identifiers are withheld.
Regulatory orders
- Adjudication order
Adjudication Order in respect of i) Ilam C Kamboj and ii) Alka Kamboj in the matter of M/s Hero Motocorp Ltd.
26 Sept 2019Read on SEBI
Documents
Annual reports
Earnings calls
- Aug 2026TranscriptSlidesRecording
- May 2026Transcript
- Feb 2026TranscriptRecording
- Nov 2025TranscriptRecording
- Aug 2025Transcript
- May 2025TranscriptRecording
Credit ratings
- Rating update · 27 Feb from crisil
- Rating update · 30 Oct 2025 from icra
- Rating update · 28 Mar 2025 from crisil
- Rating update · 30 Oct 2024 from icra
- Rating update · 28 Mar 2024 from crisil
- Rating update · 27 Oct 2023 from icra
Documents open at BSE or the rating agency that issued them.
Sourced from the company's NSE XBRL filing dated 7 Aug 2026 (unaudited). View the source filing. Figures are as filed and are not investment advice.
Hero MotoCorp: common questions
Answered from the figures on this page.
