Hero MotoCorp Limited (HEROMOTOCO.NS)
New Delhi, IN
Hero MotoCorp Limited is a major producer and distributor of powered two-wheel vehicles, such as motorcycles and scooters. The company also supplies engines, various spare parts, and related services. Its operational footprint spans across a wide range of international markets, including countries in Asia, Central and Latin America, and the African and Middle Eastern regions. A significant move includes its strategic collaboration with Gogoro Inc., aimed at fostering the adoption of sustainable electric transportation solutions within India. Established in 1984, the company was formerly recognized as Hero Honda Motors Ltd. until its official renaming to Hero MotoCorp Limited in July 2011. Its primary base of operations is located in New Delhi, India.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.33% | -3.24% | -7.34% | -11.64% | -8.47% | -12.22% | +27.12% | +94.39% | +78.35% | +71.65% | +1,521.74% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 7 | 0 |
| Buy | 13 | -1 |
| Hold | 8 | -1 |
| Sell | 5 | 0 |
| Strong Sell | 1 | 0 |
-
Revenue growth Auto - Manufacturers: +8.4%+16.5% ★ Q1'26: +33.0% (vs Q1'25)
-
EPS growth Auto - Manufacturers: +17.3%+31.2% ★ Q1'26: +25.8% (vs Q1'25)
-
FCF margin FCF growth · Auto - Manufacturers: +72.3%+14.4% Q1'26: +23.7% (vs Q1'25)
-
EBIT margin Auto - Manufacturers: +4.6%+13.1% ★ Q1'26: +4.1% (vs Q1'25)
-
ROIC Auto - Manufacturers: +3.7%+50.0% ★ Q1'26: +17.8% (vs Q1'25)
-
Share dilution Auto - Manufacturers: +0.0%-0.1% ★ Q1'26: -0.1% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Auto - Manufacturers: -0.19×0.11× ★ Q1'26: 0.26× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Mar 2011 actual |
Mar 2012 actual |
Mar 2013 actual |
Mar 2014 actual |
Mar 2015 actual |
Mar 2016 actual |
Mar 2017 actual |
Mar 2018 actual |
Mar 2019 actual |
Mar 2020 actual |
Mar 2021 actual |
Mar 2022 actual |
Mar 2023 actual |
Mar 2024 actual |
Mar 2025 actual |
Mar 2026 30 Rev. Ana. 32 EPS Ana. |
Mar 2027 32 Rev. Ana. 32 EPS Ana. |
Mar 2028 31 Rev. Ana. 21 EPS Ana. |
Mar 2029 25 Rev. Ana. 9 EPS Ana. |
Mar 2030 15 Rev. Ana. 9 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
196.88B
est: 192.36B (+2.3%)
|
235.29B
est: 238.07B (-1.2%)
|
237.35B
est: 156.91B (+51.3%)
|
252.46B
est: 255.34B (-1.1%)
|
274.71B
est: 275.89B (-0.4%)
|
282.19B
est: 282.69B (-0.2%)
|
282.81B
est: 287.57B (-1.7%)
|
318.06B
est: 319.61B (-0.5%)
|
334.30B
est: 341.47B (-2.1%)
|
288.13B
est: 290.49B (-0.8%)
|
304.52B
est: 305.16B (-0.2%)
|
289.78B
est: 299.74B (-3.3%)
|
337.38B
est: 336.71B (+0.2%)
|
375.99B
est: 375.29B (+0.2%)
|
407.12B
est: 409.19B (-0.5%)
|
460.67B
445.33B – 474.83B
+12.6% YoY
|
517.35B
500.94B – 531.67B
+12.3% YoY
|
562.42B
527.05B – 587.41B
+8.7% YoY
|
609.55B
580.34B – 631.73B
+8.4% YoY
|
711.20B
677.11B – 737.08B
+16.7% YoY
|
| EBITDA |
28.22B
est: 39.80B (-29.1%)
|
39.83B
est: 38.12B (+4.5%)
|
36.83B
est: 28.34B (+30.0%)
|
39.83B
est: 65.96B (-39.6%)
|
38.44B
est: 48.38B (-20.5%)
|
48.45B
est: 44.10B (+9.9%)
|
54.15B
est: 54.46B (-0.6%)
|
58.98B
est: 68.34B (-13.7%)
|
57.66B
est: 68.71B (-16.1%)
|
55.03B
est: 55.26B (-0.4%)
|
46.11B
est: 53.08B (-13.1%)
|
38.01B
est: 64.54B (-41.1%)
|
46.66B
est: 71.14B (-34.4%)
|
59.24B
est: 81.99B (-27.7%)
|
68.29B
est: 75.19B (-9.2%)
|
82.95B
80.18B – 85.50B
+10.3% YoY
|
93.15B
90.20B – 95.73B
+12.3% YoY
|
101.27B
94.90B – 105.77B
+8.7% YoY
|
109.75B
104.49B – 113.75B
+8.4% YoY
|
128.06B
121.92B – 132.71B
+16.7% YoY
|
| EBIT |
24.20B
est: 31.24B (-22.5%)
|
28.86B
est: 26.53B (+8.8%)
|
25.41B
est: 16.73B (+51.9%)
|
28.76B
est: 35.03B (-17.9%)
|
33.04B
est: 26.89B (+22.8%)
|
44.02B
est: 29.00B (+51.8%)
|
49.13B
est: 40.90B (+20.1%)
|
53.23B
est: 44.79B (+18.8%)
|
51.41B
est: 51.11B (+0.6%)
|
46.58B
est: 37.90B (+22.9%)
|
38.96B
est: 33.79B (+15.3%)
|
31.11B
est: 41.08B (-24.3%)
|
39.68B
est: 45.28B (-12.4%)
|
51.67B
est: 52.18B (-1.0%)
|
60.04B
est: 69.99B (-14.2%)
|
77.21B
74.64B – 79.58B
+10.3% YoY
|
86.71B
83.96B – 89.11B
+12.3% YoY
|
94.26B
88.34B – 98.45B
+8.7% YoY
|
102.16B
97.27B – 105.88B
+8.4% YoY
|
119.20B
113.49B – 123.54B
+16.7% YoY
|
| Net Income |
19.28B
est: 27.05B (-28.7%)
|
23.78B
est: 23.86B (-0.3%)
|
21.18B
est: 15.67B (+35.1%)
|
21.03B
est: 34.47B (-39.0%)
|
23.65B
est: 23.12B (+2.3%)
|
31.42B
est: 24.10B (+30.4%)
|
35.84B
est: 32.28B (+11.0%)
|
37.20B
est: 39.27B (-5.3%)
|
34.44B
est: 39.89B (-13.7%)
|
36.38B
est: 29.63B (+22.8%)
|
29.18B
est: 31.33B (-6.9%)
|
23.17B
est: 38.09B (-39.2%)
|
28.10B
est: 41.99B (-33.1%)
|
37.45B
est: 48.39B (-22.6%)
|
43.78B
est: 47.12B (-7.1%)
|
53.16B
50.52B – 55.78B
+12.8% YoY
|
56.82B
52.11B – 64.18B
+6.9% YoY
|
63.17B
57.10B – 70.55B
+11.2% YoY
|
68.71B
64.43B – 71.96B
+8.8% YoY
|
92.52B
86.76B – 96.90B
+34.7% YoY
|
| SGA |
1.96B
est: 16.71B (-88.3%)
|
9.93B
est: 19.36B (-48.7%)
|
20.09B
est: 11.94B (+68.2%)
|
22.36B
est: 33.72B (-33.7%)
|
19.06B
est: 25.57B (-25.5%)
|
21.39B
est: 33.11B (-35.4%)
|
22.87B
est: 36.15B (-36.7%)
|
25.17B
est: 41.55B (-39.4%)
|
27.02B
est: 43.66B (-38.1%)
|
26.53B
est: 37.10B (-28.5%)
|
25.92B
est: 35.18B (-26.3%)
|
27.84B
est: 42.77B (-34.9%)
|
31.84B
est: 47.15B (-32.5%)
|
36.03B
est: 54.34B (-33.7%)
|
40.09B
est: 42.46B (-5.6%)
|
46.83B
45.27B – 48.27B
+10.3% YoY
|
52.59B
50.93B – 54.05B
+12.3% YoY
|
57.18B
53.58B – 59.72B
+8.7% YoY
|
61.97B
59.00B – 64.22B
+8.4% YoY
|
72.30B
68.84B – 74.93B
+16.7% YoY
|
| EPS |
96.54
est: 104.38 (-7.5%)
|
119.09
est: 120.67 (-1.3%)
|
106.07
est: 111.83 (-5.2%)
|
105.29
est: 109.17 (-3.6%)
|
118.41
est: 130.16 (-9.0%)
|
157.34
est: 155.75 (+1.0%)
|
179.49
est: 172.44 (+4.1%)
|
186.30
est: 184.41 (+1.0%)
|
172.45
est: 176.33 (-2.2%)
|
182.15
est: 153.66 (+18.5%)
|
146.07
est: 147.88 (-1.2%)
|
115.96
est: 128.62 (-9.8%)
|
140.62
est: 139.84 (+0.6%)
|
187.36
est: 204.08 (-8.2%)
|
218.96
est: 231.84 (-5.6%)
|
265.72
252.52 – 278.82
+14.6% YoY
|
284.05
260.46 – 320.84
+6.9% YoY
|
315.78
285.44 – 352.64
+11.2% YoY
|
343.45
322.05 – 359.69
+8.8% YoY
|
462.50
433.68 – 484.38
+34.7% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-13 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 3/5 | 3/5 | 1/5 |
| 2026-05-12 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 3/5 | 3/5 | 1/5 |
| 2026-05-11 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 3/5 | 3/5 | 1/5 |
| 2026-05-08 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 3/5 | 3/5 | 1/5 |
| 2026-05-07 | A- | 4/5 | 3/5 | 5/5 | 5/5 | 3/5 | 3/5 | 1/5 |
| 2026-05-06 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 3/5 | 3/5 | 1/5 |
| 2026-05-05 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-04 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-30 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-29 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-28 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-27 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-24 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-23 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-22 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-21 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-20 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-17 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-16 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | Schwab International Dividend Equity ETF SCHY | 0.43% | 10.17M | 0.08% |
| 2 | Vanguard Emerging Markets Ex-China ETF VEXC | 0.08% | 198.8K | 0.07% |
| 3 | Schwab Emerging Markets Equity ETF SCHE | 0.06% | 8.01M | 0.06% |
| 4 | Vanguard FTSE Emerging Markets ETF VWO | 0.05% | 89.19M | 0.06% |
| 5 | Vanguard International High Dividend Yield ETF VYMI | 0.04% | 8.13M | 0.07% |
| 6 | Vanguard ESG International Stock ETF VSGX | 0.02% | 1.33M | 0.10% |
| 7 | Vanguard FTSE All-World ex-US ETF VEU | 0.02% | 15.37M | 0.04% |
| 8 | Vanguard Total International Stock ETF VXUS | 0.01% | 96.66M | 0.05% |
| 9 | Vanguard Total World Stock ETF VT | 0.01% | 5.57M | 0.06% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Pawan Kant Munjal | Executive Chairman | 1B | — |
| Vikram Sitaram Kasbekar | CTO & Executive Director | 111M | male |
| Madhuri Mehta | Chief Human Resources Officer | — | female |
| Pooja Yadava | General Counsel | — | female |
| Prabhat Singh | Company Secretary, Compliance Officer & Nodal Officer | — | male |
| Surender Kumar Chhabra | Vice President of Corporate Finance | — | male |
| Umang Deep Singh Khurana | Head of Investor Relations | — | male |
| Harshavardhan Madhav Chitale | Chief Executive Officer | — | male |
| Vivek Anand | Chief Financial Officer | — | male |
| Latika Taneja | Head of Corporate Communications, Affairs & Social Responsibility | — | female |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for HEROMOTOCO.NS
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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