Hero MotoCorp Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Excellent return on equity (ROE 28.1%)
- Efficient capital deployment (ROCE 35.2%)
- Attractively valued vs sector (P/E 19.2x vs industry 41.7x)
- Virtually debt-free
- Regular dividends — yield 3.5%
Concerns
Today's Price Action
Hero MotoCorp’s shares close at ₹5,300, unchanged from the prior session. Trading volume registers 6,07,364 shares, exactly matching the 20‑day average, indicating neutral participation without a pronounced surge or drop in market interest.
Valuation Snapshot
The stock trades at a forward P/E of 20.2, comparable to the broader automobile and auto‑components sector where the average P/E is effectively zero, reflecting a valuation that is neither markedly cheap nor expensive relative to peers. A robust ROE of 28.1 % underscores strong profitability on shareholders’ equity.
Key Levels to Watch
The current price sits roughly midway between the 52‑week low of ₹4,672 and the high of ₹6,390, suggesting limited immediate pressure from either extreme. Open‑interest data points to concentration around the ₹5,300–₹5,350 zone, which historically has acted as a modest support‑resistance cluster.
Chart Pattern
On the daily chart, a bullish hammer appeared two sessions ago, while a bearish Marubozu and a bearish engulfing candle formed five sessions back. These candlesticks highlight short‑term indecision and a transition from an earlier upward thrust to a recent downward pullback.
Data Summary
Key metrics include a market‑capitalisation figure listed as ₹0 Cr, a price‑to‑book ratio of 0.0, and a consistent 20‑day average volume of 6,07,364 shares. The share price remains within its annual trading range, and the recent candlestick formations reflect a shift in momentum without implying a definitive trend direction.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| MARUTI Maruti Suzuki India Limited | ₹12,694 | ₹4.0L Cr | 27.8 | 3.72 | 14.3 | 18.9 | 0 |
| M&M Mahindra & Mahindra Limited | ₹3,170 | ₹3.9L Cr | 20.6 | 4.23 | 20.3 | 15.1 | 1.53 |
| BAJAJ-AUTO Bajaj Auto Limited | ₹11,919 | ₹3.3L Cr | 27.8 | 8.58 | 29.2 | 28.2 | 0.58 |
| EICHERMOT Eicher Motors Limited | ₹7,631 | ₹2.1L Cr | 36 | 8.34 | 24 | 30.5 | 0.02 |
| TVSMOTOR TVS Motor Company Limited | ₹4,133 | ₹2.0L Cr | 56.8 | 20.56 | 33.6 | 17.4 | 3.89 |
| HYUNDAI Hyundai Motor India Limited | ₹2,205 | ₹1.8L Cr | 36.2 | 8.96 | 29.9 | 38.4 | 0.05 |
| MOTHERSON Samvardhana Motherson International Limited | ₹161 | ₹1.7L Cr | 37.1 | 4.14 | 11.2 | 13.4 | 0.53 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
HEROMOTOCO · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 34.76% | 34.76% | 34.76% | 34.75% | 34.75% | 34.74% |
| FII | 28.34% | 28.93% | 29.87% | 29.59% | 27.95% | 27.43% |
| DII | 28.09% | 27.76% | 26.87% | 26.94% | 27.70% | 27.89% |
| Public | 8.80% | 8.55% | 8.49% | 8.72% | 9.58% | 9.91% |
| Govt | — | — | — | — | 0.01% | 0.01% |
Corporate Events
To consider and approve the financial results for the period ended Jun 30, 2026
Dividend - Rs 75 Per Share
We write with reference to our earlier intimation dated April 21, 2026, wherein we had informed you that a meeting of the Board of Directors is scheduled to be held on Tuesday, May 5, 2026, inter alia, to consider and approve the audited Standalone and Co
Hero MotoCorp Limited wishes to inform that a meeting of the Board of Directors of the Company is scheduled to be held on Tuesday, May 5, 2026, inter alia, to consider and approve the audited Standalone and Consolidated Financial Results for the quarter a
Interim Dividend - Rs 110 Per Share
Dividend - Rs 65 Per Share
Interim Dividend - Rs 100 Per Share
Annual General Meeting/Dividend - Rs 40 Per Share
Interim Dividend - Rs 75 Per Share/ Special Dividend - Rs 25 Per Share
Annual General Meeting/Dividend - Rs 35 Per Share
Latest News
All newsHero MotoCorp appoints new management team
*Hero MotoCorp appoints new management team* — Hero MotoCorp has announced a change in its management structure, as disclosed under SEBI Regulation 30. The specifics of the new appointments and roles are detailed in the regulatory filing. Leadership transitions at the top can influence strategic direction and investor sentiment. 📊 *STOCKS:* HEROMOTOCO | 🏢 *SECTOR:* Auto | #HIGHIMPACT #ManagementChange
Hero MotoCorp announces change in management
*Hero MotoCorp announces change in management*. This development follows a regulatory filing under SEBI norms. Leadership transitions can influence strategic direction and near-term investor sentiment. Such changes may lead to volatility in stock price. 📊 *STOCKS:* $HEROMOTOCO | 🏢 *SECTOR:* Corporate | #HIGHIMPACT #ManagementChange
Hero MotoCorp shares unchanged after investor presentation
*Hero MotoCorp shares unchanged after investor presentation.* The presentation outlined company strategy and performance metrics without announcing new financial figures or major initiatives. No immediate triggers for traders were observed. 📊 *STOCKS:* HEROMOTOCO | 🏢 *SECTOR:* Auto | #LOWIMPACT #InvestorPresentation
Hero MotoCorp issues press release with no key details disclosed
*Hero MotoCorp issues press release with no key details disclosed.* The filing contains no specific financial or operational updates. Traders should await further disclosures for clarity. No immediate market-moving information was revealed. 📊 *STOCKS:* HEROMOTOCO | 🏢 *SECTOR:* Auto | #LOWIMPACT #PressRelease
Hero MotoCorp publishes statutory newspaper advertisement
*Hero MotoCorp publishes statutory newspaper advertisement* details a routine corporate filing involving a newspaper publication. Such filings are typically for legal or regulatory compliance and do not signal operational changes. No financial or strategic developments were disclosed. \n\n📊 *STOCKS:* HEROMOTOCO | 🏢 *SECTOR:* Auto | #LOWIMPACT #statutory
Hero MotoCorp to invest ₹1,500 Cr to double scooter capacity
*Hero MotoCorp to invest ₹1,500 Cr to double scooter capacity.* The company plans to expand its scooter production capacity by investing **₹1,500 crore**, aiming to meet rising demand and strengthen market share. The move targets long-term growth amid increasing urban mobility needs. 📊 *STOCKS:* HEROMOTOCO | 🏢 *SECTOR:* Auto | #MEDIUMIMPACT #Capex
Hero MotoCorp to invest ₹1,500 crore in EV expansion by FY27
*Hero MotoCorp to invest ₹1,500 crore in FY27 as EV arm Vida logs 190% growth, scooter capacity expansion accelerates.* Vida’s sales surged by **190%**, driving plans for expanded production. The capex aims to scale electric scooter capacity and meet rising demand. The move signals long-term EV commitment amid competitive pressures. 📊 *STOCKS:* HEROMOTOCO | 🏢 *SECTOR:* Auto | #MEDIUMIMPACT #EV
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹12.5K Cr 2.2% | ₹12.2K Cr 25.6% | ₹9.7K Cr 2.4% | ₹10.0K Cr 2.8% | ₹10.3K Cr 2.1% | ₹10.5K Cr 2.7% | ₹10.2K Cr 6.2% | ₹9.6K Cr |
| Op. Profit | ₹1.8K Cr 0.8% | ₹1.8K Cr 25.0% | ₹1.4K Cr 1.9% | ₹1.4K Cr 1.8% | ₹1.4K Cr 2.3% | ₹1.4K Cr 3.1% | ₹1.4K Cr 6.7% | ₹1.3K Cr |
| OPM | 14.0% 0.0% | 14.0% 6.7% | 15.0% 7.1% | 14.0% 0.0% | 14.0% 0.0% | 14.0% 0.0% | 14.0% 0.0% | 14.0% |
| Net Profit | ₹1.3K Cr 3.5% | ₹1.3K Cr 22.6% | ₹1.7K Cr 45.9% | ₹1.2K Cr 5.5% | ₹1.1K Cr 3.9% | ₹1.1K Cr 3.3% | ₹1.0K Cr 9.4% | ₹943 Cr |
| EPS (₹) | 63.35 3.2% | 65.42 23.3% | 85.26 46.8% | 58.06 4.8% | 55.38 4.1% | 53.19 1.7% | 52.31 11.8% | 46.77 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹47.4K Cr 15.9% | ₹40.9K Cr 8.3% | ₹37.8K Cr 10.6% | ₹34.2K Cr 15.6% | ₹29.6K Cr 4.5% | ₹31.0K Cr 5.8% | ₹29.3K Cr 13.9% | ₹34.0K Cr 4.7% | ₹32.5K Cr 13.4% | ₹28.6K Cr |
| Expenses | ₹40.4K Cr 14.8% | ₹35.1K Cr 7.9% | ₹32.6K Cr 8.3% | ₹30.1K Cr 14.3% | ₹26.3K Cr 2.3% | ₹26.9K Cr 6.8% | ₹25.2K Cr 13.0% | ₹28.9K Cr 6.7% | ₹27.1K Cr 12.9% | ₹24.0K Cr |
| Op. Profit | ₹7.1K Cr 21.9% | ₹5.8K Cr 10.6% | ₹5.2K Cr 27.7% | ₹4.1K Cr 25.9% | ₹3.3K Cr 19.8% | ₹4.1K Cr 0.3% | ₹4.1K Cr 19.0% | ₹5.0K Cr 5.8% | ₹5.3K Cr 16.3% | ₹4.6K Cr |
| OPM | 15.0% 7.1% | 14.0% 0.0% | 14.0% 16.7% | 12.0% 9.1% | 11.0% 15.4% | 13.0% 7.1% | 14.0% 6.7% | 15.0% 6.3% | 16.0% 0.0% | 16.0% |
| Other Income | ₹1.3K Cr 26.0% | ₹1.0K Cr 50.9% | ₹689 Cr 21.5% | ₹567 Cr 4.0% | ₹545 Cr 1.4% | ₹553 Cr 61.4% | ₹1.4K Cr 93.5% | ₹741 Cr 31.4% | ₹564 Cr 32.0% | ₹830 Cr |
| Interest | ₹78 Cr 9.9% | ₹71 Cr 6.6% | ₹76 Cr 27.6% | ₹105 Cr 98.1% | ₹53 Cr 15.2% | ₹46 Cr 2.1% | ₹47 Cr 27.0% | ₹37 Cr 19.4% | ₹31 Cr 14.8% | ₹27 Cr |
| Depreciation | ₹855 Cr 3.6% | ₹825 Cr 9.0% | ₹757 Cr 8.6% | ₹697 Cr 1.0% | ₹690 Cr 3.5% | ₹715 Cr 15.5% | ₹846 Cr 35.6% | ₹624 Cr 8.5% | ₹575 Cr 14.5% | ₹502 Cr |
| PBT | ₹7.4K Cr 25.3% | ₹5.9K Cr 16.6% | ₹5.1K Cr 31.7% | ₹3.9K Cr 26.4% | ₹3.1K Cr 20.6% | ₹3.8K Cr 16.5% | ₹4.6K Cr 9.7% | ₹5.1K Cr 3.6% | ₹5.3K Cr 8.3% | ₹4.9K Cr |
| Tax % | 22.0% 15.4% | 26.0% 0.0% | 26.0% 7.1% | 28.0% 16.7% | 24.0% 0.0% | 24.0% 14.3% | 21.0% 34.4% | 32.0% 6.7% | 30.0% 11.1% | 27.0% |
| Net Profit | ₹5.8K Cr 32.0% | ₹4.4K Cr 16.9% | ₹3.7K Cr 33.6% | ₹2.8K Cr 20.2% | ₹2.3K Cr 20.7% | ₹2.9K Cr 19.8% | ₹3.7K Cr 5.6% | ₹3.5K Cr 6.9% | ₹3.7K Cr 5.0% | ₹3.5K Cr |
| EPS (₹) | 286.96 31.1% | 218.91 16.9% | 187.31 33.2% | 140.61 21.3% | 115.95 20.6% | 146.05 19.8% | 182.14 5.6% | 172.44 7.4% | 186.29 3.8% | 179.49 |
| Div Payout | 64.0% 14.7% | 75.0% 0.0% | 75.0% 5.6% | 71.0% 13.4% | 82.0% 13.9% | 72.0% 46.9% | 49.0% 2.0% | 50.0% 2.0% | 51.0% 8.5% | 47.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹40 Cr 0.0% | ₹40 Cr 0.0% | ₹40 Cr 0.0% | ₹40 Cr 0.0% | ₹40 Cr 0.0% | ₹40 Cr 0.0% | ₹40 Cr 0.0% | ₹40 Cr 0.0% | ₹40 Cr 0.0% | ₹40 Cr |
| Reserves | ₹21.0K Cr 9.0% | ₹19.2K Cr 8.9% | ₹17.7K Cr 6.3% | ₹16.6K Cr 5.1% | ₹15.8K Cr 2.8% | ₹15.4K Cr 7.0% | ₹14.4K Cr 9.8% | ₹13.1K Cr 9.6% | ₹11.9K Cr 16.1% | ₹10.3K Cr |
| Borrowings | ₹718 Cr 2.6% | ₹700 Cr 15.5% | ₹606 Cr 6.7% | ₹568 Cr 6.1% | ₹605 Cr 3.6% | ₹584 Cr 28.9% | ₹453 Cr 45.2% | ₹312 Cr 36.8% | ₹228 Cr 12.6% | ₹261 Cr |
| Other Liabilities | ₹10.9K Cr 29.9% | ₹8.4K Cr 7.3% | ₹7.8K Cr 17.2% | ₹6.7K Cr 11.1% | ₹6.0K Cr 15.1% | ₹7.1K Cr 47.4% | ₹4.8K Cr 5.1% | ₹5.1K Cr 2.4% | ₹5.2K Cr 9.7% | ₹4.7K Cr |
| Total Liabilities | ₹32.7K Cr 15.0% | ₹28.4K Cr 8.6% | ₹26.2K Cr 9.3% | ₹23.9K Cr 6.4% | ₹22.5K Cr 2.7% | ₹23.1K Cr 17.4% | ₹19.7K Cr 6.3% | ₹18.5K Cr 6.4% | ₹17.4K Cr 13.6% | ₹15.3K Cr |
Assets | ||||||||||
| Fixed Assets | ₹6.6K Cr 5.4% | ₹6.3K Cr 0.8% | ₹6.2K Cr 1.2% | ₹6.2K Cr 0.6% | ₹6.2K Cr 2.9% | ₹6.4K Cr 1.4% | ₹6.5K Cr 30.7% | ₹5.0K Cr 0.2% | ₹5.0K Cr 7.9% | ₹4.6K Cr |
| CWIP | ₹198 Cr 59.3% | ₹487 Cr 0.6% | ₹484 Cr 6.6% | ₹454 Cr 12.2% | ₹517 Cr 4.4% | ₹495 Cr 26.6% | ₹391 Cr 31.8% | ₹573 Cr 61.4% | ₹355 Cr 38.9% | ₹581 Cr |
| Investments | ₹17.3K Cr 20.6% | ₹14.4K Cr 12.8% | ₹12.8K Cr 17.1% | ₹10.9K Cr 3.4% | ₹10.5K Cr 0.5% | ₹10.6K Cr 26.6% | ₹8.4K Cr 36.7% | ₹6.1K Cr 20.3% | ₹7.7K Cr 26.4% | ₹6.1K Cr |
| Other Assets | ₹8.5K Cr 17.4% | ₹7.2K Cr 8.2% | ₹6.7K Cr 4.2% | ₹6.4K Cr 22.4% | ₹5.2K Cr 7.1% | ₹5.6K Cr 26.7% | ₹4.5K Cr 35.2% | ₹6.9K Cr 55.6% | ₹4.4K Cr 8.5% | ₹4.1K Cr |
| Total Assets | ₹32.7K Cr 15.0% | ₹28.4K Cr 8.6% | ₹26.2K Cr 9.3% | ₹23.9K Cr 6.4% | ₹22.5K Cr 2.7% | ₹23.1K Cr 17.4% | ₹19.7K Cr 6.3% | ₹18.5K Cr 6.4% | ₹17.4K Cr 13.6% | ₹15.3K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹4.3K Cr 12.7% | ₹4.9K Cr 88.3% | ₹2.6K Cr 24.2% | ₹2.1K Cr 48.8% | ₹4.1K Cr 25.5% | ₹5.5K Cr 434.7% | ₹1.0K Cr 74.3% | ₹4.0K Cr 0.2% | ₹4.0K Cr 7.7% | ₹3.7K Cr |
| Investing CF | ₹-1.7K Cr 6.8% | ₹-1.8K Cr 334.2% | ₹-421 Cr 89.6% | ₹-222 Cr 90.3% | ₹-2.3K Cr 18.8% | ₹-2.8K Cr 317.2% | ₹1.3K Cr 169.9% | ₹-1.9K Cr 5.8% | ₹-2.0K Cr 14.3% | ₹-2.3K Cr |
| Financing CF | ₹-2.8K Cr 3.6% | ₹-2.7K Cr 26.5% | ₹-2.1K Cr 8.7% | ₹-2.0K Cr 6.6% | ₹-1.9K Cr 28.8% | ₹-2.6K Cr 15.5% | ₹-2.3K Cr 7.1% | ₹-2.1K Cr 3.2% | ₹-2.0K Cr 38.0% | ₹-1.5K Cr |
| Net Cash Flow | ₹-221 Cr 158.3% | ₹379 Cr 742.2% | ₹45 Cr 147.9% | ₹-94 Cr 203.2% | ₹-31 Cr 132.0% | ₹97 Cr 24.4% | ₹78 Cr 36.8% | ₹57 Cr 5800.0% | ₹-1 Cr 98.1% | ₹-53 Cr |
| Free Cash Flow | ₹3.5K Cr 16.5% | ₹4.1K Cr 102.0% | ₹2.1K Cr 32.8% | ₹1.5K Cr 56.3% | ₹3.5K Cr 16.4% | ₹4.2K Cr 7321.1% | ₹57 Cr 98.2% | ₹3.2K Cr 15.3% | ₹2.8K Cr 32.3% | ₹2.1K Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 30d 20.0% | 25d 13.8% | 29d 7.4% | 27d 0.0% | 27d 42.1% | 19d 34.5% | 29d 81.3% | 16d 20.0% | 20d 25.0% | 16d |
| Inventory Days | 27d 8.0% | 25d 7.4% | 27d 3.8% | 26d 13.3% | 30d 25.0% | 24d 26.3% | 19d 18.8% | 16d 14.3% | 14d 0.0% | 14d |
| Days Payable | 77d 3.8% | 80d 9.6% | 73d 3.9% | 76d 13.6% | 88d 51.7% | 58d 7.4% | 54d 3.6% | 56d 9.7% | 62d 21.6% | 51d |
| Cash Conv. Cycle | -20d 33.3% | -30d 76.5% | -17d 26.1% | -23d 28.1% | -32d 113.3% | -15d 200.0% | -5d 79.2% | -24d 17.2% | -29d 45.0% | -20d |
| Working Capital Days | -11d 35.3% | -17d 142.9% | -7d 50.0% | -14d 33.3% | -21d 110.0% | -10d 266.7% | 6d 140.0% | -15d 11.8% | -17d 41.7% | -12d |
| ROCE | 30.0% 3.4% | 29.0% 26.1% | 23.0% 27.8% | 18.0% 25.0% | 24.0% 11.1% | 27.0% 30.8% | 39.0% 13.3% | 45.0% 6.3% | 48.0% 11.1% | 54.0% |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About Hero MotoCorp Limited
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]
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