Hero MotoCorp Limited
Hero MotoCorp Limited operates in 2/3 Wheelers, part of the Automobile and Auto Components sector. It booked ₹14,971 cr of revenue in its latest quarter (Q2 FY27) and kept 12.4% of sales as profit. It is the 4th largest of 6 2/3 Wheelers companies we track, by market value.
Healthier than 81% of companies in Automobile and Auto Components, on all six measures of filed financials. Each measure is ranked against the 14–52 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 56
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold
What if I invest in HEROMOTOCO?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹14,971 cr |
| Other Income | ₹202 cr |
| Total Income | ₹15,172 cr |
| Cost of Materials | ₹10,187 cr |
| Purchases of Stock-in-Trade | ₹297 cr |
| Inventory Change (±) | ₹170 cr |
| Employee Benefit Expense | ₹809 cr |
| Finance Costs | ₹23 cr |
| Depreciation & Amortisation | ₹232 cr |
| Other Expenses | ₹1,511 cr |
| Total Expenses | ₹13,228 cr |
| Profit before Tax | ₹1,944 cr |
| Tax Expense | ₹501 cr |
| Share of JV / Associates | ₹417 cr |
| Net Profit | ₹1,861 cr |
| Net margin on total income | 12.3% |
| Metric | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Revenue | 12,978 cr | 13,126 cr | 14,971 cr |
| Total income | 13,188 cr | 13,586 cr | 15,172 cr |
| Expenses | 11,296 cr | 11,621 cr | 13,228 cr |
| Profit before tax | 1,893 cr | 1,965 cr | 1,944 cr |
| Tax | 367 cr | 503 cr | 501 cr |
| Net profit (owners' share) | 1,460 cr | 1,412 cr | 1,861 cr |
| Net margin (owners' share, on revenue) | 11.2% | 10.8% | 12.4% |
| EPS (₹) | 72.98 | 70.59 | 92.99 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| Bajaj Auto Limited | ₹10,540 | ₹2.90 L cr | 21.1 | 37.5% | 13.7% | — |
| TVS Motor Company Limited | ₹4,303 | ₹2.04 L cr | 42.8 | 42.1% | 6.1% | — |
| Eicher Motors Limited | ₹7,440 | ₹2.04 L cr | 34.9 | 23.3% | 22.1% | — |
| Hero MotoCorp Limitedthis company | ₹5,300 | ₹1.06 L cr | 14.2 | 31.8% | 12.4% | — |
| Ather Energy Limited | ₹1,795 | ₹71,190 cr | 14,958.3 | 0.1% | 0.1% | — |
| Ola Electric Mobility Limited | ₹35 | ₹16,008 cr | — | -40.1% | -73.8% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹75 / share | 24 Jul 2026 |
| Dividend | ₹110 / share | 11 Feb 2026 |
| Dividend | ₹65 / share | 24 Jul 2025 |
| Dividend | ₹100 / share | 12 Feb 2025 |
| Dividend | ₹40 / share | 1 Aug 2024 |
| Dividend | ₹75 / share | 21 Feb 2024 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
The company also transacted with 30 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.