Hero MotoCorp Achieves 25 Consecutive Years of Market Leadership with 26% Growth
Hero MotoCorp maintains its position as the world's largest two-wheeler manufacturer for 25 consecutive years, recording 557,871 units dispatched in January 2026 with 26% year-on-year growth that exceeded market estimates. The company demonstrated strong performance across motorcycles and scooters segments, while VIDA business posted 21% month-on-month growth and received multiple industry recognitions.
*this image is generated using AI for illustrative purposes only.
Hero MotoCorp has achieved a significant milestone by maintaining its position as the world's largest two-wheeler manufacturer for 25 consecutive years through FY 2025-26. The company recorded dispatches of 557,871 units in January 2026, marking a robust 26% growth compared to 442,873 units in January 2025, while surpassing market estimates of 534,000 units. The company also achieved 491,986 VAHAN registrations during the month.
Strong Performance Across Business Segments
The January 2026 performance demonstrates Hero MotoCorp's continued market dominance across multiple segments. The strong growth was primarily driven by robust performance in the scooter segment, supported by growing consumer demand for new offerings such as Xoom and Destini. Simultaneously, the motorcycle portfolio witnessed strong traction, led by popular models including Xtreme and Glamour X.
| Segment: | January 2026 | January 2025 | Growth |
|---|---|---|---|
| Motorcycles | 495,889 units | 400,293 units | Strong growth |
| Scooters | 61,982 units | 42,580 units | Significant increase |
| Total Dispatches | 557,871 units | 442,873 units | 26% |
| Market Estimate | 534,000 units | - | Exceeded by 4.5% |
| Domestic Sales | 520,208 units | 412,378 units | Robust growth |
| Exports | 37,663 units | 30,495 units | 24% growth |
VIDA Business Shows Strong Momentum
VIDA, Hero MotoCorp's emerging mobility business, continued its positive trajectory with 13,000 VAHAN registrations in January 2026. This represents approximately 21% month-on-month growth in retail sales volume compared to 10,701 units in the previous month. The positive growth was driven by sustained demand for VIDA VX2, supported by strong retail footprint and a healthy pipeline of bookings across key markets.
Global Business Maintains Growth Trajectory
The company's global business segment maintained strong momentum with dispatch growth of approximately 24% in January 2026, recording 37,663 units compared to 30,495 units during the same period last year. Strong consumer response for the premium portfolio ensured growth across international markets, reinforcing Hero MotoCorp's global presence.
Recognition and Innovation Excellence
Hero MotoCorp received multiple recognitions during the month. Hero MotoSports Team Rally concluded the 48th edition of Dakar Rally 2026 with a double top 10 finish, marking a historic milestone in the global rally-raid competition. The company was also recognized as an Environment, Social and Governance (ESG) Leader among automotive companies by NSE Sustainability Ratings & Analytics Limited, a SEBI-registered ESG Rating Provider.
Further strengthening its innovation credentials, VIDA's DIRT.E K3 was recognized as CES 2026 Innovation Award Honoree for its innovative size-adaptive design. This recognition underscores Hero MotoCorp's commitment to technological advancement and innovation in the emerging mobility segment.
Year-to-Date Performance
The strong January performance contributes to Hero MotoCorp's year-to-date figures for FY 2026, with total dispatches reaching 5,312,420 units compared to 4,961,515 units in the corresponding period of FY 2025. The motorcycle segment recorded 4,810,410 units while scooters achieved 502,010 units in the year-to-date period.
Historical Stock Returns for Hero Motocorp
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.11% | +2.88% | +6.57% | +14.80% | +47.69% | +66.71% |
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