Hero Motocorp
5,296.00
-30.00(-0.56%)
Market Cap₹1,05,955.90 Cr
PE Ratio20.98
IndustryAutomobiles
Company Performance:
1D-0.56%
1M-3.71%
6M+32.90%
1Y+11.32%
5Y+79.45%
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More news about Hero Motocorp
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.
13May 25
Hero MotoCorp Declares Rs 65 Final Dividend, Reports Strong Q4 FY25 Performance
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.
12May 25
Hero MotoCorp Poised for Q4 Profit Boost Despite Subdued Two-Wheeler Demand
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.
24Apr 25
Hero MotoCorp Revs Up Sri Lankan Market with Four New Two-Wheeler Launches
Hero MotoCorp launches 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 plans to increase customer touchpoints to 500 by May 2025. This expansion is part of Hero MotoCorp's strategy to strengthen its presence in the Sri Lankan market, in partnership with distributor Abans Auto.
17Apr 25
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.
03Apr 25
Hero MotoCorp Rides High with 12% Sales Growth in March, Caps Off Strong FY'25
Hero MotoCorp announced total sales of 549,604 units in March 2025, a 12% year-on-year growth. For FY'25, the company sold 5,899,187 units, maintaining its position as the world's largest manufacturer of motorcycles and scooters. Domestic sales reached 5,611,758 units, while international sales grew 43% to 287,429 units. The company's electric vehicle brand, VIDA, dispatched over 58,000 units, growing 200% compared to FY'24. Hero MotoCorp expanded its premium segment presence, selling more than 11,000 Harley-Davidson X440 units. The company also announced a strategic investment of up to ₹525 crores in Euler Motors Private Limited, marking its entry into the electric three-wheeler category.
21Mar 25
Hero MotoCorp Accelerates into Electric Vehicle Market with Rs 525 Crore Investment in Euler Motors
Hero MotoCorp has approved a strategic investment of up to Rs 525 crore in Euler Motors, acquiring a 32.5% stake. This move marks Hero's entry into the electric three-wheeler market. Euler Motors, specializing in electric three-wheelers, has shown significant growth with turnover increasing from Rs 25 crore in FY 2021-22 to Rs 172 crore in FY 2023-24. The investment, expected to complete by April 2025, involves both primary and secondary transactions, requiring no regulatory approvals.
20Mar 25
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.
19Mar 25
Hero MotoCorp Faces Senior Executive Exodus Amid Investor Conference Announcement
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.
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