Latest news about Hero Motocorp
Hero Motocorp
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More news about Hero Motocorp
02Jul 26
Hero MotoCorp sets TDS norms for ₹75 final dividend
Hero MotoCorp has established TDS norms for its ₹75 final dividend for FY26, with rates dependent on residency and documentation. The record date is July 24, 2026, and the AGM is set for August 05, 2026. Shareholders must submit necessary forms to KFin Technologies by July 18, 2026, to ensure correct tax deduction and electronic payment.
02Jul 26
Hero MotoCorp invests ₹3,200 crore in Andhra Pradesh
Hero MotoCorp announced a cumulative investment of over ₹3,200 crore in Andhra Pradesh, marked by the foundation stone laying for its second Global Parts Centre in Tirupati. The facility represents a direct investment of over ₹750 crore and aims to transform Tirupati into a manufacturing and electric mobility hub. This expansion is expected to scale the plant's annual production capacity to 1.2–1.5 million units, reinforcing the company's global supply chain and India's position in the EV ecosystem.
25Jun 26
CLSA Assigns Outperform Rating to Hero MotoCorp with Target Price of ₹5,728
CLSA has initiated coverage on Hero MotoCorp with an Outperform rating and a target price of ₹5,728, arguing that El Niño-related concerns have been overstated. The brokerage highlights the company's consistent track record of positive volume growth with EBITDA margins above 14%. A 5% volume CAGR is expected for FY27–28, supported by GST rate cuts and new scooter launches. CLSA further contends that current valuations embed overly pessimistic assumptions on growth and margins, presenting an attractive investment case.
24Jun 26
Hero MotoCorp grants 1.27 lakh RSUs and PRSUs to employees
Hero MotoCorp granted 1,27,056 RSUs and PRSUs to employees at ₹2 per share, with vesting periods ranging from three to four years. The grant includes 52,056 RSUs and 75,000 PRSUs, convertible into equity shares under SEBI (SBEB) Regulations, 2021. The move aims to align employee interests with long-term company performance.
23Jun 26
Hero MotoSports extends ASO partnership for 5 years, launches talent program
Hero MotoCorp celebrated the 10th anniversary of Hero MotoSports Team Rally in Jaipur, announcing a 5-year partnership extension with ASO and launching the 'India's Next Dakar Hero' program to develop young rally-raid talent. The company also inducted 18-year-old racer Shlok Ghorpade into the team.
18Jun 26
Hero MotoCorp promoters confirm no encumbrance on shares in FY26
Promoters of Hero MotoCorp declared no encumbrance on 69.49 million shares, or 34.73% of equity, for FY26. The filing complies with SEBI regulations and details holdings by entities like Bahadur Chand Investments.
12Jun 26
JP Morgan Maintains Overweight Rating on Hero MotoCorp with Target Price of ₹6,430
JP Morgan has maintained an Overweight rating on Hero MotoCorp with a target price of ₹6,430, backed by expectations of 7–8% domestic two-wheeler industry growth and Hero's likely outperformance. Export momentum remains a key positive, with a 42% CAGR projected for FY24–26. Near-term headwinds include margin weakness and a structural shift toward scooters and EVs, while price hikes and EV PLI benefits are seen as gradual recovery drivers. Investor concerns around market-share loss remain an ongoing overhang on the stock.
04Jun 26
Hero MotoCorp Unveils India's First 100cc Flex Fuel Motorcycles: Splendor+ and HF Deluxe
Hero MotoCorp unveiled India's first 100cc Flex Fuel motorcycles, the Splendor+ and HF Deluxe, compatible with ethanol blends from E20 to E85 and priced at ₹82,710 and ₹72,792 respectively (ex-showroom Delhi). Both models are powered by a 97.2cc engine delivering 6.3 kW and 8.3 Nm of torque, developed domestically at the company's CIT in Jaipur with minimal import content. The launch supports India's goal of reducing economic carbon intensity by 45% by 2030, with availability starting in Delhi and select Maharashtra regions in July 2026.
02Jun 26
Hero MotoCorp dispatches 5.70 lakh units in May 2026
Hero MotoCorp sustained strong growth momentum in May 2026 with total dispatches of 570,068 units, compared to 507,701 units in the same period last year. Domestic retail momentum remained robust with 496,957 VAHAN registrations, excluding data from Telangana. The growth was led by strong performance in the Deluxe 125cc, premium motorcycle, and scooter segments, each registering double-digit growth. VIDA, the company's emerging mobility business, delivered 19,052 VAHAN registrations in May 2026, reflecting 166% retail growth compared to the same period last year.
28May 26
Hero MotoCorp launches Super Splendor XTEC 2.0 with 72 kmpl mileage
Hero MotoCorp launched the Super Splendor XTEC 2.0 on May 27, 2026, priced at ₹86,500 (Ex-Showroom, Delhi). The motorcycle features a 124.7cc engine, 72 kmpl mileage, segment-first hazard lights, and a fully digital instrument cluster with Bluetooth connectivity.
28May 26
Hero MotoCorp schedules investor meets from June 1-5
Hero MotoCorp has scheduled investor meetings and conferences from June 1 to June 5, 2026, to engage with institutional investors via the Bank of America India Conference 2026, Morgan Stanley India Investment Forum 2026, and group meetings by Bank of America and JP Morgan. The sessions, held in Mumbai, Gurugram, and virtually, are subject to change due to business exigencies.
25May 26
Hero MotoCorp Aims for Double-Digit Growth in FY27, Focuses on Electric Scooters
Hero MotoCorp has announced a target of double-digit growth for FY27, with electric scooters identified as a primary area of strategic focus. The company is directing its efforts toward expanding its electric vehicle portfolio to strengthen its foothold in India's evolving two-wheeler market. This growth agenda reflects Hero MotoCorp's commitment to aligning with the broader shift toward electric mobility in the country.
23May 26
Hero MotoCorp starts Saksham Niveshak dividend claim campaign
Hero MotoCorp Limited has initiated the 'Saksham Niveshak' campaign to help shareholders claim unpaid dividends from April 1 to July 9, 2026. Investors must update KYC details and submit forms to KFin Technologies Limited to receive electronic payments. Unclaimed dividends are transferred to the IEPF after seven years, along with associated shares and future benefits.
19May 26
Hero MotoCorp Schedules USA Non-Deal Road Show Investor Meeting on May 20–21, 2026
Hero MotoCorp has disclosed a USA Non-Deal Road Show scheduled for May 20–21, 2026, in New York, pursuant to SEBI Regulation 30. The Investor Group meeting was intimated to the stock exchanges via a filing submitted on May 15, 2026, and signed by Company Secretary & Compliance Officer Prabhat Singh. The schedule remains subject to change due to business exigencies.
12May 26
Hero MotoCorp Q4FY26 Results: Earnings Call Transcript, Analyst Ratings & FY27 Outlook
Hero MotoCorp reported record Q4FY26 standalone revenue of Rs. 12,797 Crores (▲29% YoY) and PAT of Rs. 1,401 Crores (▲30% YoY), with FY26 cash flow from operations surging 80% to ₹9,395 Crores. Management guided for high single-digit industry growth in FY27, committed over ₹1,500 Crores in capex, and plans to double EV capacity before year-end. Goldman Sachs and Kotak Securities maintain Sell ratings at ₹4,300 and ₹4,700 respectively, while Jefferies upgraded to Hold at ₹5,000 citing improving fundamentals and ~4% dividend yield.
06May 26
Hero MotoCorp FY26 Revenue Hits Record ₹46,830 Cr; Declares ₹185 Dividend
Hero MotoCorp achieved its highest-ever annual revenue of ₹46,830 Cr and PAT of ₹5,268 Cr for FY26, with Q4 revenue growing 29% YoY to ₹12,797 Cr, beating analyst estimates. The board declared a total dividend of ₹185 per share, comprising a final dividend of ₹75 and an interim dividend of ₹110.
06May 26
Hero Motocorp Targets Rapid Expansion in SAARC, Africa, and Latin America; Plans to Double Bangladesh Presence and Re-Enter Sri Lanka
Hero Motocorp has announced plans to pursue rapid growth in SAARC, Africa, and Latin America as part of its export-focused strategy. The company aims to double its market presence in Bangladesh and plans to re-enter Sri Lanka. These strategic directions were disclosed during a recent concall update, highlighting the company's commitment to accelerating its international business across multiple high-growth regions.
06May 26
Hero Motocorp Aims To Develop Vehicles With Higher Ethanol Blends & Low Emission Powertrains
Hero Motocorp has announced its aim to develop vehicles compatible with higher ethanol blends and low emission powertrains. The initiative underscores the company's strategic focus on cleaner and more sustainable mobility technologies. This development reflects Hero Motocorp's commitment to advancing alternative fuel solutions within its vehicle portfolio, aligning with broader industry trends toward reduced emissions.
06May 26
Hero Motocorp Plans Spending Delays to Manage Short-Term Costs and Margins
Hero Motocorp plans to delay certain expenditures to manage short-term costs while maintaining its 14%-16% operating margin target. The company has committed ₹1,500 crore to double scooter and EV capacity and flagged near-term uncertainties stemming from West Asia developments, even as it pursues investments in brand development, premium scooters, and international expansion.
05May 26
Hero MotoCorp Opens Special Window for Physical Securities Transfer and Dematerialization
Hero MotoCorp Limited has opened a special window from February 05, 2026 to February 04, 2027 for transfer and dematerialization of physical securities sold or purchased before April 01, 2019, pursuant to SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026. Eligible shareholders can submit documents to KFin Technologies Limited, the company's RTA, or via email. Re-lodged securities will be issued in dematerialized form only and are subject to a one-year lock-in from the date of transfer registration.
04May 26
Hero MotoCorp Ltd. Allots 3,161 Equity Shares Under Employee Incentive Scheme 2014
Hero MotoCorp Ltd. allotted 3,161 equity shares of Rs. 2 each to employees under Employee Incentive Scheme 2014 following NRC approval on May 4, 2026. The allotment includes shares across Stock Options 2020 and various Restricted Stock Units schemes. Paid-up share capital increased to Rs. 40,01,85,876 divided into 20,00,92,938 equity shares.
04May 26
Hero MotoCorp Appoints Sachin Agrawal as Chief Technology Officer Effective May 21, 2026
Hero MotoCorp has appointed Sachin Agrawal as Chief Technology Officer effective May 21, 2026, with Vikram Kasbekar stepping down from the CTO role while continuing as Executive Director on the Board. Agrawal, an IIT Bombay Gold Medalist and Carnegie Mellon Leadership Fellow with over 29 years of automotive R&D experience, will oversee Hero's Centre for Innovation and Technology and Tech Centre Germany, driving the company's electrification and next-generation mobility agenda.
02May 26
Hero MotoCorp Opens FY27 Strong With 5.66 Lakh Dispatches in April 2026
Hero MotoCorp reported robust performance in April 2026 with total dispatches of 566,086 units, representing an 85% increase compared to 305,406 units in the same period last year. Domestic retail registrations reached 552,713 units, indicating approximately 8% growth. The company's VIDA electric mobility business achieved record year-on-year growth of 129%, while the ICE segment recorded its highest April dispatch in the post-pandemic period with volumes rising 83%. Global business dispatches stood at 33,653 units, with the company expanding its presence in South America through a partnership with Quilmotors in Ecuador.
25Apr 26
Hero MotoCorp Schedules Board Meet & Earnings Call for Q4 FY26 Results
Hero MotoCorp has announced a comprehensive schedule for its Q4FY26 financial results disclosure, beginning with a board meeting on May 5, 2026 to approve audited results, followed by an earnings conference call on May 6, 2026. The call will feature senior management including CEO, CFO, and business heads, providing stakeholders detailed insights into quarterly performance through multiple international dial-in options.
17Apr 26
Morgan Stanley Raises Hero MotoCorp Target to ₹6,537, Maintains Overweight Rating
Morgan Stanley has updated its coverage of Hero MotoCorp by maintaining an Overweight rating while raising the target price to ₹6,537 from ₹6,471. The global investment bank expresses strong conviction in the auto volume upcycle and attractive industry outlook, though acknowledges near-term challenges including 1QFY27 margin headwinds, cost pressures, supply-chain risks, and tighter regulations.
15Apr 26
Hero MotoCorp Submits Quarterly Compliance Certificate Under SEBI Depositories Regulations for Q4 FY26
Hero MotoCorp Limited filed its quarterly compliance certificate under SEBI (Depositories and Participants) Regulations, 2018 for Q4 FY26 on April 15, 2026. Company Secretary Prabhat Singh submitted the certificate to NSE and BSE, while KFin Technologies Limited confirmed compliance with dematerialization procedures, including timely processing of demat requests and proper maintenance of shareholder records.
15Apr 26
Hero MotoCorp Schedules Analyst and Investor Meeting for April 18, 2026 in Haryana
Hero MotoCorp Limited has scheduled an analyst and investor meeting for April 18, 2026, at Sohna, Haryana, as part of the 'Investor Insights- Leadership Conclave - 2026.' The management interaction session with the leadership team was announced on April 15, 2026, in compliance with SEBI regulations. The company notified both NSE and BSE about the meeting, with the schedule remaining subject to potential changes due to business requirements.
14Apr 26
Hero MotoCorp Reports Full Compliance in Annual Secretarial Report for FY26
Hero MotoCorp Limited filed its Annual Secretarial Compliance Report for FY26, confirming complete adherence to all SEBI regulations and guidelines. The comprehensive audit by SGS Associates LLP found zero violations or deviations across key areas including corporate governance, insider trading prevention, and disclosure requirements. The clean compliance record demonstrates the company's strong regulatory framework and commitment to transparency.
02Apr 26
Hero MotoCorp March Sales at 598,198 Units Miss Estimates Despite 8.8% YoY Growth
Hero MotoCorp delivered March 2026 dispatches of 598,198 units, marking 8.8% YoY growth but falling short of market estimates at 600,100 units. The company concluded FY26 with strong performance, achieving 6.5 million annual units (+10%) and Q4 growth of 24%, driven by robust scooter segment growth of 48.2% and record global business expansion of 40.2%.
02Apr 26
Hero MotoCorp Invests Rs. 210 Crore in Euler Motors, Stake Rises to 36.67%
Hero MotoCorp has completed a strategic investment of Rs. 210 crore in electric vehicle company Euler Motors through acquisition of 2.68 lakh Series E Cumulative Compulsorily Convertible Preference Shares. This transaction increases Hero MotoCorp's stake in Euler Motors to 36.67% on a fully diluted basis, strengthening its position in the electric vehicle ecosystem as part of a larger Rs. 275 crore investment plan approved by the Board.
20Mar 26
CLSA Cuts Hero MotoCorp Target Price to Rs 5437, Maintains Hold Rating
CLSA has cut Hero MotoCorp's target price to Rs 5437 from Rs 5913 while maintaining a Hold rating. The brokerage reduced FY27/28 EPS estimates by 5-11% due to near-term earnings pressure. This revision is part of broader OEM sector cuts ranging from 3-13%, reflecting a more cautious market outlook.
19Mar 26
Hero MotoCorp Designates Chief Quality Officer as Senior Management Personnel
Hero MotoCorp has designated Chief Quality Officer Manish Srivastava as senior management personnel effective April 1, 2026. Mr. Srivastava brings over three decades of automobile and engineering experience and has been with Hero MotoCorp for more than ten years. The company filed the required regulatory disclosure on March 19, 2026, in compliance with SEBI Listing Regulations.
19Mar 26
Macquarie Maintains Outperform Rating on Hero MotoCorp with Target Price of Rs 6,674
Macquarie has maintained its Outperform rating on Hero MotoCorp with a target price of Rs 6,674, citing strong automotive sector momentum. The brokerage highlights SUV-led passenger vehicle growth while traditional cars lag, and notes broad-based two-wheeler demand recovery with scooters outperforming motorcycles, creating a supportive environment for the company's business prospects.
17Mar 26
Hero MotoCorp Withholds Interim Dividend for FY26 Due to KYC Non-Compliance
Hero MotoCorp has withheld interim dividend payments for FY 2025-26 due to shareholders' failure to submit required KYC details and incomplete bank account information, in compliance with SEBI regulations. The company has issued detailed instructions for shareholders to update their documentation with the Registrar and Transfer Agent to receive their withheld dividends through electronic mode only.
16Mar 26
Hero MotoCorp Schedules Investor Group Meeting and Plant Visit for March 19, 2026
Hero MotoCorp Limited has scheduled an investor group meeting and plant visit for March 19, 2026, in Gurgaon, organized by Elara Securities. The announcement was made through regulatory filing on March 16, 2026, in compliance with SEBI listing regulations. The meeting schedule remains subject to change due to business exigencies, and the disclosure was signed by Company Secretary Prabhat Singh.
12Mar 26
Hero MotoCorp Tax Demand Reduced from ₹177.96 Crore to ₹27 Crore Following CIT Appeals
Hero MotoCorp has achieved a significant victory in its tax proceedings with the Commissioner of Income Tax (Appeals) reducing the company's tax demand by 85% from ₹177.96 crore to ₹27 crore. The favorable orders cover multiple assessment years from 2013-14 to 2017-18 and 2019-20, providing substantial financial relief of ₹150.96 crore to the two-wheeler manufacturer.
03Mar 26
Hero MotoCorp schedules investor conference at JP Morgan India Forum on March 9, 2026
Hero MotoCorp Limited announced its participation in the JP Morgan India Forum investor conference scheduled for March 9, 2026, in Singapore. The company disclosed this information to NSE and BSE on March 3, 2026, in compliance with SEBI Regulation 30. Company Secretary Prabhat Singh signed the disclosure, noting the schedule remains subject to change due to business circumstances.
02Mar 26
Hero MotoCorp Reports Strong 44% Dispatch Growth, Beats Estimates in February 2026
Hero MotoCorp delivered exceptional February 2026 performance with 558,216 unit dispatches, marking 44% year-on-year growth and exceeding analyst estimates. The company showed strength across motorcycles, scooters, and electric mobility through VIDA, while maintaining robust export growth of 34%.
12Feb 26
Hero MotoCorp Reports Record Q3 FY26 Revenue of Rs. 12,328 Crore, Hosts Earnings Call
Hero MotoCorp reported exceptional Q3 FY26 financial performance with highest ever quarterly revenue of Rs. 12,328 crore and normalized PAT of Rs. 1,439 crore. The company hosted an earnings conference call where new CEO Harshavardhan Chitale outlined strategic focus on scooters, premium motorcycles, global markets, EVs, and parts business, while announcing strategic investments and interim dividend of Rs. 110 per share.
06Feb 26
Hero MotoCorp Makes Q3FY26 Earnings Call Recording Available on Website
Hero MotoCorp has made its Q3FY26 earnings call recording available on the company website, covering financial performance for the quarter and nine months ended December 31, 2025. The regulatory filing demonstrates compliance with SEBI regulations while providing stakeholders access to management insights on growth opportunities in premium motorcycles, scooters, and electric vehicles across global markets.
06Feb 26
Hero MotoCorp Projects High Single-Digit Growth for Next Financial Year
Hero MotoCorp has revised its growth outlook, with management projecting high single-digit growth for the next financial year during a recent conference call. This guidance reflects the company's assessment of market conditions and demonstrates confidence in sustained performance across its two-wheeler business segments while maintaining a measured approach to growth expectations.
02Feb 26
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.
21Jan 26
Hero MotoCorp Schedules Board Meeting on February 5 to Consider Q3 Results
Hero MotoCorp has scheduled a board meeting for February 5 to consider and approve its third quarter financial results. The meeting follows the company's regular quarterly reporting cycle and will provide stakeholders with insights into the two-wheeler manufacturer's recent performance.
20Jan 26
Hero MotoCorp Receives ₹4.97 Crore GST Demand Order from CGST Vadodara
Hero MotoCorp received a ₹4.97 crore GST demand order from Additional Commissioner CGST Vadodara for FY 2019-20, issued under Section 74 of CGST Act. The company assessed the demand as legally unmaintainable and plans to file an appeal, stating no material impact on financials or operations expected.
05Jan 26
Hero MotoCorp Records ₹15.38 Crore Block Trade on NSE at ₹6,015 Per Share
Hero MotoCorp Ltd. executed a significant block trade on NSE worth ₹15.38 crores involving approximately 25,572 shares at ₹6,015.00 per share. The transaction represents substantial institutional activity in the automobile sector and demonstrates continued investor interest in the two-wheeler manufacturer.
02Jan 26
Hero MotoCorp Shares In Focus As December Sales Rise 40% To 4.56 Lakh Units
Hero Motocorp delivered robust December 2025 performance with 40% year-on-year growth in wholesales to 4,56,479 units, alongside strong Q3FY26 results. The ICE scooter segment registered exceptional 45% growth during the quarter, led by models like Destini and Xoom series, while exports grew 41% supported by new market entries. The company expanded its premium portfolio through Harley-Davidson partnership launches and recorded positive VAHAN registrations, entering Q4FY26 on strong footing with shares gaining 39% in 2025.
12Dec 25
Hero MotoCorp Launches Award-Winning Dirt.E K3 Electric Motorcycle for Kids
Hero MotoCorp has launched the Dirt.E K3, an innovative size-adjustable electric motorcycle for children aged 4-10 years under its VIDA brand. The motorcycle features a three-stage adjustable system, 350W/500W peak motor, removable 360Wh battery, and comprehensive safety features including app-enabled parental controls. Recognized with Red Dot Design Award 2025 and CES Innovation Award Honoree 2026, the product is priced at ₹69,990 for the first 300 units with sales commencing January 15, 2026, across five cities.
09Dec 25
Hero MotoCorp Faces Rs 1.22 Crore Tax Demand from Uttar Pradesh Authority
Hero MotoCorp received a tax demand order of Rs 1.22 crore from the Deputy Commissioner, State Tax, Lucknow, Uttar Pradesh for FY 2021-22. The order alleges excess Input Tax Credit claims due to form mismatches and incorrect blocked ITC claims. Hero MotoCorp deems the demand unmaintainable and plans to appeal, stating it will not materially impact their financials or operations.
01Dec 25
Hero MotoCorp Reports 31% Dispatch Growth in November 2025
Hero MotoCorp achieved impressive growth in November 2025, with total dispatches reaching 604,490 units, a 31% year-on-year increase. VIDA electric scooters saw a 66% growth in VAHAN registrations, while international exports surged by 70%. The company's success was driven by new model launches, strong market demand in both rural and urban areas, and continued festive season momentum. VIDA secured a 10.4% market share in the electric two-wheeler segment. Hero MotoCorp's international business expansion was notable in Latin America, Africa, and Europe.
18Nov 25
Hero MotoCorp Sees Rs. 54.06 Crore Block Trade; Announces Investor Meeting
A significant block trade of 93,053 Hero MotoCorp shares, valued at Rs. 54.06 crores, was executed on the NSE at Rs. 5,810.00 per share. The company has also announced a Non-Deal Road Show for investors on November 20, 2025, in Mumbai. The investor meeting announcement was signed by Vikram Kasbekar, Executive Director & Acting CEO of Hero MotoCorp.
14Nov 25
Hero MotoCorp Reports Record Q2 Revenue and Profit, Maintains FY26 Growth Outlook
Hero MotoCorp achieved its highest-ever revenue of Rs. 12,126.00 Crore and PAT of Rs. 1,393.00 Crore in Q2 FY'26, both up 16% year-over-year. The company outperformed the industry during the festive season with 16.2% growth in ICE VAHAN registrations. VIDA, its EV business, reached a market share of 11.7%. Global business saw 77% dispatch growth. The company maintains its FY26 growth outlook, expecting 5-6% sales growth for the full year.
14Nov 25
Hero MotoCorp Achieves Record Q2 Revenue, Reports Strong Growth Across Segments
Hero MotoCorp achieved its highest-ever quarterly revenue of Rs. 12,126 Crore and PAT of Rs. 1,393 Crore in Q2, both up 16% YoY. The company outperformed the industry during the festive season with 16.2% growth in ICE VAHAN registrations. VIDA, its EV business, reached a record 11.7% market share. Global business saw 77% dispatch growth. The company announced key leadership appointments and approved additional investment for its Global Part Center 2.0 in Andhra Pradesh.
14Nov 25
Hero MotoCorp Reports Record Q2 Revenue and Profit, Expands EV and Global Presence
Hero MotoCorp achieved its highest-ever revenue and profit after tax (PAT) in Q2 FY'26. Revenue from operations rose 16% to Rs. 12,126.00 crore, while PAT increased 16% to Rs. 1,393.00 crore. The company outperformed the industry during the festive season, gaining market share. Hero MotoCorp's EV business, VIDA, reached its highest-ever market share of 11.7%. The company's global business grew significantly, with dispatch growth of 77%. Several key leadership appointments were made, including a new CEO effective January 2026. The company also approved an investment of up to Rs. 170.00 crore for a new Global Part Center in Andhra Pradesh.
13Nov 25
Hero MotoCorp Executes Rs. 100.30 Crore Block Trade on NSE
Hero MotoCorp completed a block trade on the NSE valued at Rs. 100.30 crores, involving 180,687 shares at Rs. 5,551.00 per share. The company also allotted 13,752 equity shares to employees under its incentive scheme, increasing its paid-up capital to Rs. 40,01,63,224. Additionally, the company granted 820 Restricted Stock Units and 1,843 Performance Restricted Stock Units to employees.
04Nov 25
Hero MotoCorp Unveils Electric Vehicle Strategy and New Product Lineup at EICMA Amid Sales Challenges
Hero MotoCorp's October sales showed a 6.40% year-on-year decline, with total sales of 635,808 units. Motorcycle sales dropped 10.22%, but scooter sales surged 50%. Domestic sales fell 8%, while exports grew 43%. The company's stock experienced its sharpest single-day decline since February, falling 5.17%. Despite price cuts following GST rate reduction, sales didn't meet expectations. However, the festive season brought positive results with 994,690 unit registrations on VAHAN. The company expanded globally, entering European markets and growing its presence to 52 countries. At EICMA, Hero MotoCorp showcased its eco-friendly electric transportation plan, including the VIDA Novus lineup.
03Nov 25
Hero MotoCorp Reports Nearly 10 Lakh Retail Sales in October Despite Domestic Sales Decline
Hero MotoCorp experienced a mixed sales performance during the festive season. The company achieved record-breaking retail sales with 9.95 lakh VAHAN registrations, but faced an 8% decline in domestic wholesale to 6.5 lakh units. Exports grew by 42.8% to 30,979 units. Despite implementing price cuts following GST rate reduction, domestic sales across two-wheeler segments did not increase. VIDA, the company's electric vehicle division, showed remarkable growth with ~16,000 VAHAN registrations, a 117% year-on-year increase. The company's global business segment demonstrated strong performance with 54% year-on-year growth in H1 deliveries.
30Oct 25
Hero MotoCorp Acquires 26% Stake in Clean Max Karakoram for Solar Power Project
Hero MotoCorp has acquired a 26% stake in Clean Max Karakoram Private Limited, an SPV focused on solar power wheeling projects. The initial investment is Rs. 26,000, with additional investments planned. This acquisition is part of Hero MotoCorp's strategy to integrate renewable energy into its manufacturing operations, specifically for its Dharuhera and Gurugram plants. The agreement was signed on October 30, 2025, with Clean Max Enviro Energy Solutions Limited as the seller.
23Oct 25
Hero MotoCorp Expands Global Footprint: Enters UK Market with Premium Motorcycles
Hero MotoCorp, the world's largest motorcycle and scooter manufacturer, has officially entered the UK market in partnership with MotoGB Ltd. The company plans to establish over 25 sales and service outlets initially, expanding to 35 by 2026. Hero MotoCorp is launching the Hunk 440 motorcycle, priced from £3,499, in the A2 performance category. The bike features a 27 bhp engine, dual-channel ABS, and connected TFT display. This move expands Hero MotoCorp's global presence to 51 countries, following recent entries into Italy and Spain.
15Oct 25
Hero MotoCorp Expands Global Footprint: Enters Spanish Market with Two New Models
Hero MotoCorp has entered the Spanish market in partnership with Noria Motos, marking its 50th international market presence. The company is introducing two motorcycle models, the Hunk 440 and Xpulse 200, to cater to diverse consumer preferences. Noria Motos plans to establish over 30 outlets by 2025, expanding to 50+ by 2026, with full network deployment by 2028. This move strengthens Hero MotoCorp's European foothold following its recent entry into Italy and aligns with its global expansion strategy.
13Oct 25
Hero MotoCorp Expands Global Footprint: Enters Italian Market with Strategic Partnership
Hero MotoCorp, the world's largest two-wheeler manufacturer, has entered the Italian market in partnership with Pelpi International. The company is introducing three motorcycle models: Hunk 440, Xpulse 200 4V, and Xpulse 200 4V Pro, with prices ranging from €2,990 to €3,990. Hero MotoCorp is offering a 5-year warranty on these models and plans to expand its dealer network from 36 to 54. Italy becomes the 49th international market for the company, marking a significant milestone in its global expansion strategy.
03Oct 25
Hero MotoCorp's September Sales Surge 7.9% to 687,220 Units, Surpassing Estimates
Hero MotoCorp's total sales reached 687,220 units in September, marking a 7.9% year-over-year increase from 637,050 units. The company surpassed market expectations of 650,050 units. Hero MotoCorp achieved its highest-ever dispatches to global markets with approximately 40,000 units shipped. While specific domestic sales figures were not provided, the overall strong performance suggests robust demand in the Indian market as well.
01Oct 25
Hero MotoCorp's September Sales Surge 7.9% to 687,220 Units, Surpassing Estimates
Hero MotoCorp dispatched 687,220 units in September, a 7.9% increase year-over-year, surpassing market expectations. The company achieved record global dispatches of about 40,000 units and became the first Indian company to exceed 125 million cumulative two-wheeler production. Domestic sales reached 647,582 units, while exports stood at 39,638 units. The growth is attributed to festive season demand, product portfolio expansion, and the success of its electric vehicle brand, VIDA.
29Sept 25
BNP Paribas Acquires ₹1,035 Crore Stake in Hero MotoCorp Amid Festive Season Optimism
BNP Paribas Financial Markets has purchased a 0.97% stake in Hero MotoCorp through a bulk deal on NSE, buying 19.52 lakh shares at ₹5,302.91 per share. The total investment amounts to ₹1,035.16 crore. BNP Paribas also acquired stakes in Max Healthcare (0.85%) and IndusInd Bank (1.37%). Hero MotoCorp reported strong festive season sales with 13% growth, reaching 15.98 lakh units over 32 days. The company's stock closed at ₹5,300.50, showing a slight daily dip of 0.52% but a year-to-date gain of 27.40%. Analyst sentiment remains positive with 24 buy, 13 hold, and 5 sell ratings, and an average price target of ₹5,326.44.
29Sept 25
Hero MotoCorp Anticipates Record Festive Season Sales, Boosted by GST Benefits
Hero MotoCorp reports 13% sales growth to 15.98 lakh units during a 32-day festive period. The company sees double the showroom traffic compared to last year, with increased consumer sentiment and bookings. GST rate reduction on motorcycles under 350cc to 18% and passing of full benefits to customers boost outlook. Additional benefits of up to Rs 15,000 offered for first-time buyers. Strong demand observed across entry-level and premium segments, particularly in 100cc and 125cc categories. Both urban and rural markets show robust performance, with expectations of further rural demand improvement post-harvest season.
26Sept 25
Hero MotoCorp Appoints Madhuri Mehta as New Chief Human Resources Officer
Hero MotoCorp has announced the appointment of Madhuri Mehta as Chief Human Resources Officer (CHRO), effective October 1, 2025. Mehta brings over 24 years of HR experience from various industries, including recent roles at Emaar India and Dalmia Bharat Group. She was named Best HR Leader of the Year at the Economic Times Human Capital Awards 2025. In her new role, Mehta will lead Hero MotoCorp's global people strategy, culture transformation, and capability-building initiatives. The company has also announced the closure of its trading window for designated persons from October 1, 2025, until 48 hours after the declaration of financial results for Q2 and H1 ending September 30, 2025.
24Sept 25
Hero Slashes Splendor Prices by Up to Rs 7,253 Following GST Cut on Two-Wheelers
Hero MotoCorp has announced significant price reductions across its Splendor range in response to the recent GST rate cut from 28% to 18% for two-wheelers up to 350cc. The Super Splendor Xtec Disc variant sees the largest reduction of Rs 7,253, now priced at Rs 85,594 in Delhi. Other Splendor models experience price cuts between Rs 6,262 to Rs 6,949. This move, coinciding with the festive season, is expected to boost sales and potentially increase Hero MotoCorp's market share. The GST reduction applies to nearly 98% of two-wheelers sold in India, likely impacting the broader industry and consumer behavior.
23Sept 25
Hero MotoCorp Unveils All-New Destini 110 Scooter: Affordable Family-Oriented Ride
Hero MotoCorp introduces the all-new Destini 110 scooter in India, targeting the competitive 110cc segment. The scooter offers segment-leading fuel efficiency of 56.20 KMPL and the longest seat length at 785 mm. Priced competitively, the VX Cast Drum variant starts at ₹72,000, while the ZX Cast Disc variant is priced at ₹79,000 (Ex-Showroom, Delhi). The Destini 110 features a neo-retro design, durable construction, and is equipped with Hero's i3s technology. It offers spacious legroom, ample storage options, and comes in five color variants across two models.
21Sept 25
Hero MotoCorp Anticipates Record-Breaking Festive Sales, Reinforcing Market Leadership
Hero MotoCorp, India's leading two-wheeler manufacturer, expects a robust festive season backed by favorable market conditions and a strong product lineup. The company has maintained market leadership, outpacing its closest competitor by about 200,000 units through August. Hero MotoCorp is introducing 12 new products and focusing on growth across multiple segments, including 100cc, 125cc, scooters, and premium categories. The company is also expanding its EV range nationally and continuing its partnership with Harley-Davidson. A potential GST rate cut on two-wheelers could further boost demand.
10Sept 25
Hero MotoCorp Slashes Prices Ahead of Festive Season, Passing Full GST 2.0 Benefits to Customers
Hero MotoCorp announces significant price reductions across its product range, effective September 22, 2025, passing on the full benefit of GST 2.0 reforms to customers. Price benefits of up to ₹15,743 on select models (ex-showroom Delhi) are available. The move aims to increase affordability and accessibility, particularly in rural and semi-urban markets. CEO Vikram Kasbekar welcomes the reforms, noting their potential to boost consumption and economic growth. The price reduction is expected to stimulate demand in the two-wheeler sector and support the 'Make in India' vision.
08Sept 25
Hero MotoCorp Taps Industry Veteran Harshavardhan Chitale as New CEO
Hero MotoCorp has appointed Harshavardhan Chitale as its new CEO, effective January 5, 2026. Chitale brings over 30 years of global leadership experience across various sectors. He previously served as the Global CEO of Signify's €4 billion Professional Business. Dr. Pawan Munjal, Executive Chairman, expressed confidence in Chitale's ability to drive growth and innovation. Vikram Kasbekar, the Acting CEO, will step down but continue as Executive Director and CTO.
05Sept 25
Hero MotoCorp Unveils XCLAN: A New Community-Riding Platform for Xpulse Owners
Hero MotoCorp introduces XCLAN, a community-riding platform for Xpulse motorcycle owners. Initially launching in five major Indian cities with plans to expand, XCLAN offers members exclusive rides, events, and networking opportunities for an annual fee of Rs. 2,000. The platform features three ride categories: Sunrise, Overnight, and Expedition, set to begin from July 2022.
01Sept 25
Hero MotoCorp August Sales Rise 8%, Chairman Advocates for GST Reduction on Two-Wheelers
Hero MotoCorp reported August sales of 553,727 units, an 8% increase year-over-year. The company's Chairman, Pawan Munjal, supports potential GST rate reductions on two-wheelers, highlighting benefits such as improved affordability and positive impact on rural areas. The current GST rate for two-wheelers up to 350cc is 28%. The GST Council is set to meet on September 3-4 to discuss potential reforms, which could significantly impact the two-wheeler industry.
19Aug 25
Hero MotoCorp Revolutionizes 125cc Segment with Tech-Packed Glamour X 125
Hero MotoCorp has launched the Glamour X 125, a new 125cc motorcycle with several first-in-segment features. The bike introduces innovations like Low Battery Kick Startability, Ride-by-Wire Technology, Cruise Control, and three ride modes. Powered by a Sprint-EBT engine delivering 11.4 BHP, it offers advanced performance and design elements. The Glamour X 125 is priced at ₹89,999 for the Drum variant and ₹99,999 for the Disc variant, aiming to strengthen Hero's position in the growing 125cc segment.
19Aug 25
Hero MotoCorp Bolsters Leadership Team with Appointment of Latika Taneja
Hero MotoCorp has appointed Ms. Latika Taneja as Head of Corporate Communications, Corporate Affairs, and Corporate Social Responsibility (CSR), effective August 19, 2025. Taneja brings over 23 years of experience from roles at Shell, Mastercard, DuPont, Alcatel-Lucent, and MetLife. She has been recognized among India's Top 100 PR Professionals and received the Women Disruptor Award for Excellence in PR in 2019. In her new role, Taneja will be responsible for shaping the brand narrative, forging strategic partnerships, and integrating social impact initiatives into Hero MotoCorp's growth strategy.
08Aug 25
Hero MotoCorp Sets Ambitious Targets: 40% Export Growth and 10% Global Revenue Share
Hero MotoCorp aims to increase exports by over 40% this year and generate 10% of revenue from international business. The company has achieved a record 7% market share in the EV segment, doubling year-over-year. Hero projects 6-7% growth for the two-wheeler sector this year and anticipates EBITDA margins between 14-16%. The company plans to introduce two new 125cc motorcycles in Q2 FY2026 and continues its partnership with Harley-Davidson, with a new model launch expected in Q2.
06Aug 25
Hero MotoCorp Reports Strong Q1 FY'26 Results, Sees Growth in Electric Mobility and Global Operations
Hero MotoCorp announced robust Q1 FY'26 results with consolidated revenue of Rs. 9,728.00 crore and PAT of Rs. 1,706.00 crore, up from Rs. 1,032.00 crore in Q1 FY'25. The company saw growth in electric mobility and global operations. It expanded its product portfolio, launched new models, and introduced a Battery-as-a-Service model for its VIDA brand. Hero MotoCorp also expanded its retail network and expects continued growth in coming quarters.
06Aug 25
Hero MotoCorp Reports Mixed Q1 Results: Revenue Dips, Profit Edges Up
Hero MotoCorp's Q1 financial results show a slight decline in revenue to ₹9,579.00 crore from ₹10,143.73 crore, while net profit marginally increased to ₹1,126.00 crore from ₹1,123.00 crore. Consolidated PAT jumped to ₹1,706.00 crore, including a one-time gain of ₹722.00 crore. The company sold 13.67 lakh units, strengthened its product portfolio, and made strides in electric mobility. Global operations outperformed industry trends, and the company expanded its premium retail network to 100 outlets across India.
05Aug 25
Hero MotoCorp Braces for Revenue and Profit Decline in Quarterly Results
Hero MotoCorp is anticipated to face a downturn in its recent quarter financials. Analysts project a 6% year-on-year revenue decline and a 5% drop in net profit. Sales volume is expected to decrease by 11-12% to approximately 1.37 million units due to production challenges and weak demand in the entry-level segment. Despite higher realizations from a richer product mix and price hikes, EBITDA margins are forecast to contract to 13.80%-14.10%. Key focus areas include rural demand outlook, entry-level segment prospects, and the company's EV strategy.
05Aug 25
Hero MotoCorp Shares Trade in Rs. 23.02 Crore Block Deal on NSE
A significant block deal involving 50,432 shares of Hero MotoCorp was executed on the National Stock Exchange (NSE). The transaction was valued at Rs. 23.02 crores, with shares priced at Rs. 4,563.60 each. This large-scale trade may indicate strategic moves by major investors or institutions regarding the leading two-wheeler manufacturer's stock.
05Aug 25
Hero MotoCorp Discontinues Mavrick 440 After Poor Sales Performance
Hero MotoCorp has decided to discontinue its premium motorcycle, the Mavrick 440, just 18 months after its launch due to underwhelming sales performance. The model sold only 3,214 units in fiscal year 2025, significantly lower than its counterpart, the Harley-Davidson X440. Production and dispatches have been halted, and dealerships are no longer accepting bookings. Factors contributing to its failure include weak marketing, uninspiring styling, and lack of aspirational value. Hero MotoCorp is expected to focus on the more successful Harley-Davidson X440 and may introduce new models based on the same platform in the future.
01Aug 25
Hero MotoCorp's July Sales Soar 21% YoY, Surpassing Market Expectations
Hero MotoCorp dispatched 4,49,755 units in July, a 21% increase from last year, surpassing market expectations. Motorcycle sales reached 4,00,615 units, while scooters accounted for 49,140 units. Domestic market sales were 4,12,397 units, with exports at 37,358 units. The company's electric vehicle brand, VIDA, achieved record-breaking monthly performance with 11,226 units dispatched and doubled its EV market share to 10.2%. Hero MotoCorp expanded its product portfolio, strengthened its presence in key segments, and maintained strong momentum in global business with sales exceeding 37,300 units.
10Jul 25
Hero Motocorp Bolsters EV Strategy with New Chief Business Officer Appointment
Hero Motocorp, India's leading two-wheeler manufacturer, has appointed Kausalya Nandakumar as its new Chief Business Officer to lead the company's emerging mobility and electric vehicle expansion efforts. This strategic move aims to strengthen Hero Motocorp's position in the growing electric vehicle market. Nandakumar will be responsible for developing and expanding the company's electric vehicle portfolio, potentially accelerating the adoption of electric two-wheelers in India.
02Jul 25
Hero MotoCorp: June Sales Rise 10% on Strong Exports and EV Push
Hero MotoCorp's June sales grew 9.6% year-on-year to 5.54 lakh units. Domestic sales increased by 7% to 5.25 lakh units, while exports more than doubled to 28,827 units. The company sold over 7,178 units of its VIDA V1 e-scooter and launched two new electric models, VX2 Go and VX2 Plus.
01Jul 25
Hero MotoCorp: June Sales Up 10%, Launches VX2 E-Scooter with Battery-as-a-Service
Hero Motocorp's June sales increased by 10% year-on-year to 5.54 lakh units, slightly below market expectations of 560,200 units. The company introduced the VIDA VX2 e-scooter, priced at ₹99,490, with an innovative battery-as-a-service model offering a lower initial cost of ₹59,490 plus a per-kilometer battery rental fee.
01Jul 25
Hero Motocorp Unveils Affordable Electric Scooter Vida VX2 at ₹59,490
Hero Motocorp has introduced the Vida VX2, a new electric scooter priced at ₹59,490.00. This launch is part of the company's strategy to expand its presence in the electric vehicle market and make eco-friendly mobility more accessible to a wider consumer base in India. The competitive pricing of the Vida VX2 could potentially accelerate the adoption of electric scooters in the price-sensitive Indian market and challenge other players in the segment.
18Jun 25
Hero MotoCorp Unveils Vida VX2: Revolutionizing Electric Two-Wheeler Market with Battery-as-a-Service Model
Hero Motocorp introduces the Vida VX2 electric two-wheeler with a Battery-as-a-Service (BaaS) model, set to launch on July 1, 2025. This innovative approach aims to reduce upfront costs and address battery life concerns. The BaaS model offers flexible monthly battery subscription plans, potentially making electric two-wheelers more accessible. Hero Motocorp plans to establish 3,600 fast-charging stations across 100+ cities and 500+ service points to support EV adoption.
02Jun 25
Hero MotoCorp Surpasses Expectations with May Sales of 5,07,701 Units
Hero MotoCorp reported total sales of 507,701 units in May, exceeding market expectations of 500,500 units. This represents a year-over-year increase from 498,123 units sold in May of the previous year. The company's performance indicates strong growth in the automotive sector and demonstrates its ability to meet consumer demands effectively in a competitive market environment.
15May 25
Hero MotoCorp: Q4 Revenue Rises 4.4%, Stock Nears 52-Week High
Hero MotoCorp's shares climbed nearly 6% following impressive Q4 FY2025 results. Standalone revenue increased 4.40% to Rs 9,939.00 crore, while net profit rose 6.40% to Rs 1,081.00 crore. The company declared a final dividend of Rs 65.00 per share. Management aims to outperform industry growth rates in domestic and export segments, maintaining a long-term margin guidance of 14.00-16.00%. The company faces potential short-term margin pressure from its EV division ramp-up but sees it as crucial for future growth.
15May 25
Hero MotoCorp Declares Rs 165.00 Final Dividend, Targets Industry-Beating Growth
Hero MotoCorp has declared a final dividend of Rs 165.00 per share. The company projects 6-7% YoY growth for the Indian two-wheeler industry in FY26, aiming to outperform this rate through new product launches. The growth strategy is supported by a strong revival in rural markets and the company's established brand equity.
15May 25
Hero MotoCorp Anticipates Strong Growth in Q1 and Festive Season
Hero MotoCorp, India's leading two-wheeler manufacturer, expects significant growth in the coming months. The company reports an extremely strong order book and booking pipeline. New product launches are expected to drive growth, with the company aiming to outperform industry growth rates in the first quarter and upcoming festive season.
15May 25
Hero MotoCorp Reaffirms EBITDA Margin Guidance Amid Growth Investments
Hero MotoCorp, India's leading two-wheeler manufacturer, aims to maintain EBITDA margins between 14% and 16% while continuing to invest in growth initiatives. The company plans to balance profitability with investments in areas such as R&D, manufacturing expansion, distribution network strengthening, and technological advancements. This strategy demonstrates Hero MotoCorp's focus on operational efficiency, market opportunities, and long-term shareholder value in the competitive two-wheeler market.
15May 25
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.
14May 25
Hero MotoCorp Reports Strong Q4 FY25 Results, Brokerage Firms Offer Mixed Reactions
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.
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