| Revenue growth | 29% YoY growth in Q4 FY26; 15% growth for full year. |
|---|---|
| Margins | ICE EBITDA margin at 17%; overall margin improved 30bps to 14.7%. |
| Order book | Channel stock reduced over the year; entering FY27 with healthy levels. |
| Demand visibility | Strong momentum continuing from H2 FY26 into start of FY27. |
| Management confidence | High; world's largest 2-wheeler manufacturer for 25 consecutive years. |
Growth
FY26 revenue reached ₹46,830cr (+15% YoY) with highest-ever EBITDA of ₹6,871cr (+17% YoY).
Outlook
Guidance of 14-16% margins; ₹1,500cr FY27 capex planned for scooter/EV capacity expansion and parts center.
Risks
Commodity headwinds (aluminum, steel) and wage inflation began impacting margins in March 2026.
Earnings Call filed with BSE, NSE: HEROMOTOCO. Summary written with AI assistance from the document.
Hero MotoCorp Ltd: key numbers
- Share price
- ₹5,013.00
- Market cap
- ₹1,00,331 Cr
- Revenue (annual)
- ₹47,411 Cr
- Net profit (annual)
- ₹5,742 Cr
- P/E (TTM)
- 18.4×Sector 32.1×
- Promoter holding
- 34.73%+0.00% QoQ
- FII holding
- 31.09%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Hero MotoCorp Ltd
All →Hero MotoCorp Other Announcement
Hero MotoCorp has received an independently assigned ESG score of 74 from an external rating agency. The company did not commission or engage this rating assessment.
Hero MotoCorp Legal & Regulatory
Hero MotoCorp disclosed a Rs. 4.80 crore ESIC lien on its bank accounts, now paid. The Company is appealing, deeming the order unsustainable.
- Value
- ₹4.80 Cr
Hero MotoCorp Business Update
Hero MotoCorp reported total dispatches of 5,68,398 units for August 2026. The release also highlights new product launches and management changes.
Hero MotoCorp Management Change
Hero MotoCorp Limited appointed Mr. Suresh Kumar P as Chief Digital & Information Officer effective August 31, 2026. He joins the company's senior leadership team.
Hero MotoCorp Acquisition Worth ₹1,758 Cr
Hero MotoCorp will acquire additional equity shares in its associate, Ather Energy, for up to Rs. 1,758 Crore. This increases its shareholding to approximately 32.8%.
- Value
- ₹1,758 Cr
- Execution
- By September 3, 2026
Hero MotoCorp Acquisition Worth ₹960 Cr
Hero MotoCorp subscribed to 76,19,047 preferential warrants in Ather Energy, marking an equity investment. The aggregate value of this acquisition is ₹959.999922 Crore.
- Value
- ₹960.0 Cr