HEROMOTOCO
Hero MotoCorp Limited (HEROMOTOCO) Stock Analysis
Hero MotoCorp Limited is the world's largest manufacturer of motorcycles and scooters by volume. It sells commuter two-wheelers across India and exports to emerging markets. The company operates under the Hero brand with global partnerships. It is listed on Indian stock exchanges.
Consumer Cyclical › Auto Manufacturers
₹4,895.50
-5.27% 1W | -11.70% 52W
Market Cap
98.0k CR
P/E Ratio
18
52W High
₹6388.5
52W Low
₹4671.5
Div. Yield
3.81%
Beta
0.5
50 DMA
₹5437.2
200 DMA
₹5294.8
Profit Margin
10.7%
Inst. Own.
37.8%
⚠️ BREAKDOWN
⚠️ BREAKDOWN
Fundamentals
Profit & Loss
| Metric | Jun 2023 | 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 | 8,851 | 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 | 7,734 | 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 | 1,117 | 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 % | 13% | 14% | 14% | 14% | 14% | 14% | 14% | 14% | 15% | 14% | 14% | 14% | 13% |
| Other Income | 66 | 213 | 288 | 177 | 225 | 239 | 306 | 345 | 939 | 240 | 179 | 210 | 460 |
| Interest | 21 | 25 | 23 | 8 | 19 | 18 | 17 | 17 | 21 | 19 | 20 | 19 | 21 |
| Depreciation | 180 | 187 | 194 | 197 | 205 | 206 | 209 | 204 | 206 | 210 | 219 | 220 | 220 |
| Profit before tax | 982 | 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 % | 29% | 26% | 25% | 27% | 27% | 27% | 26% | 25% | 20% | 26% | 25% | 20% | 26% |
| Net Profit | 701 | 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 | 35.53 | 50.35 | 54.70 | 46.77 | 52.31 | 53.19 | 55.38 | 58.06 | 85.26 | 65.42 | 63.35 | 72.97 | 70.59 |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 27,538 | 28,457 | 28,610 | 32,458 | 33,971 | 29,254 | 30,959 | 29,551 | 34,158 | 37,789 | 40,923 | 47,411 | 50,810 |
| Expenses | 24,018 | 24,033 | 24,025 | 27,124 | 28,946 | 25,184 | 26,902 | 26,295 | 30,060 | 32,554 | 35,135 | 40,352 | 43,720 |
| Operating Profit | 3,520 | 4,424 | 4,585 | 5,334 | 5,025 | 4,070 | 4,058 | 3,256 | 4,099 | 5,235 | 5,789 | 7,059 | 7,090 |
| OPM % | 13% | 16% | 16% | 16% | 15% | 14% | 13% | 11% | 12% | 14% | 14% | 15% | 14% |
| Other Income | 325 | 421 | 830 | 564 | 741 | 1,434 | 553 | 545 | 567 | 689 | 1,040 | 1,310 | 1,089 |
| Interest | 12 | 15 | 27 | 31 | 37 | 47 | 46 | 53 | 105 | 76 | 71 | 78 | 79 |
| Depreciation | 540 | 443 | 502 | 575 | 624 | 846 | 715 | 690 | 697 | 757 | 825 | 855 | 869 |
| Profit before tax | 3,292 | 4,387 | 4,885 | 5,292 | 5,104 | 4,611 | 3,849 | 3,058 | 3,864 | 5,090 | 5,934 | 7,436 | 7,230 |
| Tax % | 29% | 29% | 27% | 30% | 32% | 21% | 24% | 24% | 28% | 26% | 26% | 22% | |
| Net Profit | 2,364 | 3,112 | 3,546 | 3,722 | 3,466 | 3,659 | 2,936 | 2,329 | 2,800 | 3,742 | 4,376 | 5,776 | 5,488 |
| EPS in Rs | 118.42 | 157.34 | 179.49 | 186.29 | 172.44 | 182.14 | 146.05 | 115.95 | 140.61 | 187.31 | 218.91 | 286.96 | 272.33 |
| Dividend Payout % | 51% | 46% | 47% | 51% | 50% | 49% | 72% | 82% | 71% | 75% | 75% | 64% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 12.0% | 9.0% | 5.0% |
| Profit CAGR | 28.0% | 16.0% | 7.0% |
Shareholding Pattern
Promoters34.74%
FIIs27.05%
DIIs27.77%
Public10.39%
Promoters34.73%
FIIs28.76%
DIIs26.32%
Public10.11%
Promoters34.73%
FIIs29.43%
DIIs26.28%
Public9.48%
Promoters34.73%
FIIs31.15%
DIIs24.69%
Public9.34%
Promoters34.73%
FIIs31.09%
DIIs24.26%
Public9.82%
Promoters34.78%
FIIs27.01%
DIIs27.86%
Public10.36%
Promoters34.76%
FIIs28.93%
DIIs27.76%
Public8.55%
Promoters34.74%
FIIs27.43%
DIIs27.89%
Public9.91%
Promoters34.73%
FIIs31.15%
DIIs24.69%
Public9.34%
Promoters34.73%
FIIs31.09%
DIIs24.26%
Public9.82%
HEROMOTOCO
Holdings Analysis
Key strengths & risk signals
66
Overall
88
Fundamental
45
Technical
Risks (3)
WEAK POSITION! Current price (4895.5) is below both moving averages.
WEAK YEAR! Stock declined 11.7% in the last year.
WEAK! Trading at 13.0% of 52W range - near yearly lows.
Strengths (4)
UNDERVALUED! PEG of 0.67 indicates stock is cheap relative to growth.
BULLISH TREND! 50-day average (5437.2) is above 200-day average (5294.8) - positive signal.
LOW VOLATILITY! Beta of 0.50 - stable stock, less market risk.
APPROACHING OVERSOLD! RSI at 32.8 - watch for reversal.
Fundamental & Technical Analysis
66Overall
88Fundamental
45Technical
Fundamental Breakdown
Growth Quality
26/30
Revenue CAGR: 11.7% (GOOD, 11/15). Profit CAGR: 26.9% (EXCELLENT, 15/15).
Profit Margin
5/10
DECENT EFFICIENCY! 10.7% profit margin - acceptable profitability.
PEG Valuation
10/10
UNDERVALUED! PEG of 0.67 indicates stock is cheap relative to growth.
Dividend Yield
7/10
GOOD DIVIDEND! 3.81% yield - decent income potential.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.00 - excellent financial health.
Public Holding
20/20
VERY LESS PUBLIC HOLDING! 9.85% public ownership - strong promoter/institutional control.
Stability Index
10/10
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
Technical Breakdown
Moving Averages
10/10
BULLISH TREND! 50-day average (5437.2) is above 200-day average (5294.8) - positive signal.
Price Position
2/10
WEAK POSITION! Current price (4895.5) is below both moving averages.
Trend Pattern
10/20
BREAKDOWN! Stock has broken below support levels - weakness present.
52W Performance
2/10
WEAK YEAR! Stock declined 11.7% in the last year.
Volume Sentiment
10/30
BEARISH SENTIMENT! In last 30 days: 13 up days, 17 down days. Avg volume on up days: 484,125 vs down days: 627,138. Ratio: 0.77x
RSI
4/5
APPROACHING OVERSOLD! RSI at 32.8 - watch for reversal.
52W Range
1/5
WEAK! Trading at 13.0% of 52W range - near yearly lows.
Momentum
1/5
NEGATIVE MOMENTUM! Price declined across timeframes - down 5.3% (1 week), 6.2% (1 month), 1.1% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.50 - stable stock, less market risk.
HEROMOTOCO
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q1FY272026-08-11 | Concall PDF | |
| Q4FY262026-05-11 | Concall PDF | |
| Q3FY262026-02-12 | Concall PDF | |
| Q2FY262025-11-19 | Concall PDF |
Peer Comparison
Consumer Cyclical · Auto Manufacturers · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HEROMOTOCO | ₹4,895.50 | 18 | 10.7% | 11.7% | 26.9% | -11.7% | 66 | BREAKDOWN | -17.2% | -3.3% | +34.9% | +1.1% |
| TMPV | ₹279.90 | – | 22.8% | -0.9% | 224.4% | -58.4% | 52 | BREAKDOWN | -80.2% | -86.6% | +8.8% | -9.6% |
| ATHERENERG | ₹1,434.40 | – | -9.2% | 27.2% | – | +136.4% | 65 | BREAKDOWN | -71.3% | -49.0% | +88.8% | +3.6% |
| TMCV | ₹410.30 | 36 | 4.8% | -56.0% | -69.3% | +25.4% | 52 | APPROACHING RESISTANCE | +83.2% | +42.8% | +19.7% | -20.8% |
| HYUNDAI | ₹1,940.00 | 31.8 | 7.0% | 5.5% | 4.9% | -19.3% | 63 | BOUNCE FROM SUPPORT | -35.1% | -29.2% | -0.5% | -12.7% |
| FORCEMOT | ₹16,900.00 | 17.8 | 13.6% | 21.7% | 108.5% | +7.4% | 67 | APPROACHING RESISTANCE | +22.9% | -22.2% | +6.2% | -4.3% |
| TVSMOTOR | ₹3,866.80 | 53.6 | 5.7% | 20.2% | 31.5% | +10.0% | 68 | BREAKDOWN | +67.1% | +32.1% | +33.5% | +8.3% |
| EICHERMOT | ₹7,050.00 | 33.5 | 23.2% | 17.5% | 23.7% | -2.8% | 71 | BREAKDOWN | +21.3% | -3.8% | +31.2% | +8.9% |
Data from TradeAlone · Updated daily
HEROMOTOCO News
Hero Motocorp Limited (heromotoco) Records 12% Yoy Growth in September Dispatches, Builds Positive Momentum Ahead of Festive Season2026-10-01Hero Motocorp Limited (heromotoco) Records 5.68 Lakh Dispatches in August 20262026-09-01Hero Motocorp Limited Reports Strong Double-digit Growth with 5.33 Lakh Dispatches in July 20262026-08-01Hero Motocorp Limited Introduces New Electric Scooter VIDA Evooter VX2 Go FB2026-07-31Hero Motocorp Limited Expands Global Reach with Vida’s Entry into Nepal2026-07-26Hero Motocorp Limited Expands Global Footprint by Entering Germany2026-07-16Hero Motocorp Limited Sets New Record with Launch of VIDA Evooter VX2 Plus 4.4 Kwh2026-07-10Hero Motocorp Limited Announces Rs 3200+ Crore Investment in Andhra Pradesh2026-07-01Hero Motocorp Limited (heromotoco) Posts 23% Dispatch Growth in Q1 FY’272026-07-01Hero Motocorp Limited Celebrates 10 Years of Rally Racing Excellence2026-06-22Hero Motocorp Limited Unveils First Flex Fuel Motorcycles: Splendor+ and HF Deluxe2026-06-03Hero Motocorp Limited Unveils Super Splendor XTEC 2.0: India’s Most Trusted 125 CC Motorcycle Gets an Upgrade2026-05-27Hero Motocorp Reports Record High Revenue and Profit in Q4 Fy262026-05-05
