Hero MotoCorp Bullish on Rural Market Growth Prospects
Hero MotoCorp, India's leading two-wheeler manufacturer, anticipates strong growth in rural markets. The company cites improved monsoon outlook, strong marriage season, increased government spending, and lower inflation as key drivers. Rural contribution to sales is expected to remain in the upper 50s percentage range.
14May 25
Hero MotoCorp Sets Ambitious Profit Margin Goals and EV Breakeven Target
Hero MotoCorp, India's leading two-wheeler manufacturer, has announced strategic financial objectives. The company aims to maintain profit margins between 14.00% and 16.00%. Additionally, Hero MotoCorp expects its electric vehicle (EV) business to reach breakeven within two years, indicating a strong push into the electric two-wheeler market.
14May 25
Hero MotoCorp Unveils Industry Outlook and Product Strategy Amid Market Challenges
Hero MotoCorp reports 4-5 weeks channel inventory and projects 6-7% industry growth for the fiscal year. The company plans to strengthen its 125 cc segment and has multiple product launches scheduled for Q4, though these haven't impacted sales volumes yet. Hero aims to capitalize on market opportunities while maintaining optimal inventory levels.
Hero MotoCorp's Q4 FY25 results show 4% YoY revenue growth to ₹9,900.00 crore and 6% YoY profit increase to ₹1,080.00 crore. JPMorgan noted better-than-expected earnings due to higher selling prices, while Goldman Sachs found performance in line with expectations. Key focus areas include rural two-wheeler market trends, upcoming EV launch, and ongoing management transition.
Hero MotoCorp, India's leading two-wheeler manufacturer, reported impressive Q4 FY25 results with revenue up 4.87% to Rs 10,566.30 crore and net profit rising 1.59% to Rs 1,108.40 crore. The company declared a final dividend of Rs 65 per share, bringing the total FY25 dividend to Rs 165 per share. EBITDA increased by 2.97% to Rs 1,722.40 crore, while EPS grew 1.22% to Rs 55.38. The stock price rose 2.00% following the announcement.
13May 25
Hero MotoCorp: Strong FY25 Performance with 9% Revenue Growth and 175% Surge in EV Sales
Hero MotoCorp, India's leading two-wheeler manufacturer, reported impressive financial results for FY25. Revenue increased by 9% to ₹40,756.00 crore, while net profit jumped 16% to ₹4,610.00 crore. The company's EV sales soared by 175% to 48,674 units, doubling its market share to 4.20%. Exports surged 44% to 289,668 units. Hero MotoCorp plans to enter European and UK markets by the second half of 2025, signaling further global expansion.
Hero MotoCorp, India's leading two-wheeler manufacturer, is projected to report an 8% year-on-year increase in profit for Q4 FY25, despite a challenging market. The company anticipates a 2% revenue growth, driven by improved average selling prices and a strategic shift towards premium models, particularly in the 125cc segment. This move has helped offset the impact of a slight decline in overall volumes. Hero MotoCorp's Q3 FY25 results showed strong year-on-year improvements across key financial metrics, with revenue up 5.64% and net profit increasing by 12.06%. The company maintained a robust operating profit margin of 14.46% in Q3 FY25.
12May 25
Hero MotoCorp Sets Date for Q4 and FY25 Results, Dividend Announcement
Hero MotoCorp has scheduled its Q4 and FY25 financial results release for May 13, 2025, along with consideration of a final dividend. An earnings call is set for May 14, 2025. The company has implemented a trading window closure for designated persons from April 1, 2025, until 48 hours after the results announcement.
06May 25
Hero MotoCorp to Consider Q4 Results and Final Dividend on May 13, Announces Investor Day
Hero MotoCorp has scheduled two key events: a Board Meeting on May 13, 2025, to approve Q4 and FY 2024-25 financial results and consider final dividend, and an Investor Day on May 19, 2025, in Mumbai. The Board Meeting will focus on financial results and potential dividend recommendation, while the Investor Day aims to provide insights into the company's operations and strategies.
02May 25
Hero MotoCorp Reports Significant Sales Decline in April, Announces Strategic Moves
Hero MotoCorp's April 2023 sales dropped 42.8% year-over-year to 3,05,406 units, falling short of estimates. The company implemented a temporary production halt for supply chain alignment and maintenance. Despite this, Hero MotoCorp saw strong retail performance with 5.05 lakh VAHAN registrations for ICE two-wheelers. VIDA, their electric brand, dispatched 7,116 units. The company launched new products in Sri Lanka and expanded its network there. Additionally, Hero MotoCorp announced partnerships with international golfers and reported Ather Energy's IPO filing.
25Apr 25
Hero MotoCorp Accelerates Growth in Sri Lanka with Four New Product Launches
Hero MotoCorp introduces four new two-wheeler models in Sri Lanka: Xoom 110, Hunk 160R 4V, Xtreme 125R, and HF Deluxe. Prices range from LKR 577,900 to LKR 909,900. The company aims to expand its customer touchpoints to 500 by May 2025. This move strengthens Hero MotoCorp's presence in the Sri Lankan market through partnership with Abans Auto.
Hero MotoCorp Announces Temporary Production Halt at Four Plants for Maintenance
Hero MotoCorp will temporarily halt production at four manufacturing plants from April 17 to April 19, 2025, for maintenance and facility enhancements. The Dharuhera, Gurugram, Haridwar, and Neemrana plants are affected, while Tirupati and Halol facilities will continue operations. Production will resume on April 21, 2025. The company assures that this pause won't impact its ability to meet market demand, and any production deferment will be recovered in the following month.
17Apr 25
Hero MotoCorp Announces Temporary Production Pause at Four Plants for Supply Alignment and Maintenance
Hero MotoCorp will temporarily pause production at its Dharuhera, Gurugram, Haridwar, and Neemrana plants from April 17 to 19, 2025. The pause is for supply alignment and facility maintenance. Production will resume on April 21, 2025, with the company assuring no impact on retail demand. Tirupati and Halol plants will continue operations during this period.
10Apr 25
Hero MotoCorp Expands Global Footprint with New Subsidiary in Brazil
Hero MotoCorp, India's leading two-wheeler manufacturer, has established a wholly-owned subsidiary in Brazil named 'Hero MotoCorp do Brasil Ltda'. This strategic move, approved by the company's Board of Directors on May 8, 2024, aims to tap into South America's largest automotive market. The subsidiary will focus on manufacturing and distributing two-wheeler vehicles, parts, and accessories. Investments will be made in phases, subject to necessary governmental and regulatory approvals in Brazil. This expansion represents a significant opportunity for Hero MotoCorp to diversify its geographical presence and potentially increase its global market share.
Hero MotoCorp Revs Up Electric Vehicle Strategy with 5.25 Billion Rupee Investment in Euler Motors
Hero MotoCorp is investing up to 5.25 billion rupees (525 crore) in Euler Motors Private Limited, acquiring approximately 32.5% stake. This strategic move aims to expand Hero MotoCorp's presence in the electric three-wheeler market. The investment will be made in tranches by April 30, 2025, and aligns with Hero MotoCorp's vision to 'Be the Future of Mobility'. Euler Motors, specializing in electric three and four-wheeler vehicles, has shown significant growth, with its turnover increasing from 25 crore in FY 2021-2022 to 172 crore in FY 2023-2024.
20Mar 25
Hero MotoCorp Clarifies: No Association with Hero Motors Limited
Hero MotoCorp, India's leading two-wheeler manufacturer, has issued a clarification stating it has no connection or association with Hero Motors Limited. This statement comes in response to a news article about Hero Motors Limited forming a joint venture with a German firm. Hero MotoCorp emphasizes that the two companies are separate entities, and the reported joint venture does not involve Hero MotoCorp. The company also notified investors about procedures for obtaining duplicate share certificates for lost, misplaced, or stolen shares.
Hero MotoCorp, India's leading two-wheeler manufacturer, is experiencing a significant wave of resignations among its top executives, with approximately half a dozen high-ranking officials reportedly leaving the company recently. Despite this internal upheaval, the company is preparing to participate in the 'Arihant Capital Bharat Connect Conference: Rising Stars 2025', a virtual investor conference scheduled for March 25, 2025. The company has not yet issued an official statement addressing the departures, leaving industry analysts speculating about potential internal changes or challenges.
11Mar 25
Hero MotoCorp-Backed Ather Energy Eyes $2 Billion Valuation in Upcoming IPO
Ather Energy, an electric scooter manufacturer backed by Hero MotoCorp, is planning an IPO by March or early April, targeting a $2 billion valuation. This move could potentially benefit Hero MotoCorp, enhancing the value of its investment and strengthening its position in the evolving electric vehicle market in India. The IPO is expected to be a significant indicator of investor interest in India's EV sector.
10Mar 25
Hero MotoCorp: MCA Investigation Ongoing, No Final Conclusion Reached
The Ministry of Corporate Affairs (MCA) has clarified that its investigation into Hero MotoCorp for alleged corporate governance issues and fund diversion is still ongoing, contrary to earlier reports of a clean chit. The probe, initiated in June 2023, also extends to Salt Experiences and Management Private Limited (SEMPL). This ongoing investigation maintains regulatory uncertainty for Hero MotoCorp, potentially impacting investor sentiment and the company's operational focus.
03Mar 25
Hero MotoCorp Reports 20% Decline in February Sales, Sees Growth in Exports and EV Segment
Hero MotoCorp's February 2025 sales report shows a 20% overall decline to 388,068 units, with domestic sales dropping 20% to 357,296 units. However, exports grew 33% to 30,772 units, marking the third consecutive month of over 30,000 global sales. The EV brand VIDA dispatched 6,200 units, showing promise in the electric segment. The company is expanding its premium retail presence and product lineup, particularly in the 125cc scooter segment. Despite current challenges, Hero MotoCorp anticipates increased sales momentum in coming months due to the upcoming marriage season and new product launches.