Hero MotoCorp

₹5,478As of Sun 8 Nov 2026, 12:00 UTC

NSE:HEROMOTOCOConsumer Disc

Country India

PE (Fwd) 16.07

TSR 10Y CAGR 8.50%

Div yield 3.38%

ROE —

Auto Manufacturers

Beta (5Y) 0.46

PE TTM 19.11

TSR TTM 2.22%

Mkt cap ₹1.083T

ROIC —

SE Grade™

Value

Quality

Moat

—

1Y Price

Reference

₹5,896

7.63%

(50.52%)

Price above Reference Value

TTM

FYE 31 Mar INR

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

474.1

Revenue₹B

—

295.5

341.6

377.9

409.2

474.1

518.5

12.55%

15.85

Revenue growth%

—

15.59

10.63

8.30

15.85

9.36

13.11

—

32.72

Gross margin%

—

28.71

29.45

32.04

33.75

32.72

32.74

32.04

13.09

Operating margin%

—

9.40

10.10

12.13

12.62

13.09

13.11

12.13

12.11

Net margin%

—

7.84

8.23

9.91

10.70

12.11

12.12

9.91

19.11

P/E ratio (avg)x

—

23.18

19.03

19.00

22.14

17.83

17.45

19.03

17.68

EV/EBITx

—

19.33

15.51

15.52

18.77

16.51

16.14

16.51

—

FCF yield (avg)%

—

FCF margin%

—

FCF / Net incomex

—

ROIC%

—

Return on equity%

—

Return on assets%

—

100

286.72

EPS₹

—

115.93

140.49

187.03

218.69

286.72

313.88

25.41%

—

31.11

EPS growth%

—

21.19

33.13

16.92

31.11

9.47

26.15

—

Bookvalue per sh₹

—

FCF per share₹

—

185.00

Dividend per sh₹

—

95.00

100.00

115.00

165.00

185.00

197.06

18.13%

—

3.38

Div yield (avg)%

—

3.54

3.74

3.24

3.41

3.62

3.60

3.54

64.52

Payout ratio%

—

81.95

71.18

61.48

75.45

64.52

62.78

71.18

200.3

Shares (diluted)M

—

199.9

200.0

200.2

200.3

◌200.3

0.05%

(0.02)

Buyback yield%

—

(0.08)

(0.11)

—

(0.02)

◌—

(0.05)

—

D/E ratiox

—

1,097

Enterprise value₹B

—

537.0

534.8

711.7

969.2

1,024

1,097

17.51%

—

LT debt₹M

—

Peers (US$11.78B)

Cap (US$)

Tata Motors Limited

16.69B

24.83x

Tata Motors Passenger…

11.44B

1.358x

Ather Energy Limited

7.693B

—

Subaru Corporation

12.16B

22.95x

Capital

TTM

10Y

Leveragex

—

EBIT/Intx

106.7

94.43

Own earn%

—

Sh yield%

3.36

3.51

Owners

Insiders/Inst%

0.34

40.78

Short interest%

—

SBC / revenue%

0.03

Record

10Y

Profitable years

5/5

Revenue growth years

4/4

EPS growth years

4/4

Dividend streakyrs

Op margin range%

9–13

$1 testx

—

Incr. ROIC%

—

Hero MotoCorp Limited primarily engages in the manufacture and sale of motorised two wheelers, spare parts and related services in India, Germany, Asia, Central and Latin America, Africa, and the Middle East. The company offers motorcycles and scooters, as well as electric scooters. It provides engines and accessories, as well as non-banking financial and other related services.

Growth vs revenue

Latest

Trend

4Y CAGR

Rel growth

Revenue

₹474.1B

12.55%

1.00×

Cost of revenue

₹319.0B

10.93%

0.94×

Operating expenses

₹93.08B

13.01%

1.02×

Revenue by region

No breakdown available

Reinvestment returns

n/m

Trend

Reinvestment rate

n/m

Return on capital

n/m

Spread over hurdle

n/m