About Hero Motocorp Limited
Data last updated: 22 December 2025
Hero Motocorp Limited is a public limited company based in New Delhi, Delhi, India. It specialises in motorcycles and scooters, a part of the broader automotive sector. Incorporated on 19 January 1984, the company has been in operation for over 42 years.
Registered with ROC Delhi under CIN L35911DL1984PLC017354. Listed on BSE: 500182 and NSE: HEROMOTOCO.
Capital: an authorised share capital of ₹58 Cr and a paid-up capital of ₹40.02 Cr. Formerly known as Hero Honda Motors Limited. It is led by directors including Jagmohan Singh Raju and Pradeep Dinodia.
Last AGM: 05 August 2025. Financial statements filed for year ended 31 March 2025. Office: The Grand Plaza Plot No. 2 Nelson Mandela Road Vasant Kunj – Phase – Ii, New Delhi, Delhi, India – 110070.
As per the financials filed for FY 2025, the company reported a revenue of ₹41,968 Cr, a growth of 9% compared to the previous year.
The company has a workforce of approximately 14,072 employees as per the latest available data. Its group structure includes 1 subsidiary.
The company is associated with 3 brands - Vida World, Hero Tech Center Germany, Hero Motocorp. As per MCA filings, the company has satisfied charges of ₹3,892.3 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website heromotocorp.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Apps
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Registered AddressThe Grand Plaza Plot No. 2 Nelson Mandela Road Vasant Kunj – Phase – Ii, New Delhi, Delhi, India – 110070
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IndustryAutomotive, Motorcycles & Scooters
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Hero Motocorp Limited
Hero Motocorp Limited has one previous CIN (Corporate Identification Number): U35911DL1984PLC017354. The current CIN is L35911DL1984PLC017354, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L35911DL1984PLC017354 | Current |
| U35911DL1984PLC017354 | Previous |
Associated Brands with Hero Motocorp Limited
Hero Motocorp Limited operates multiple associated brands including Vida World, Hero Tech Center Germany, and Hero MotoCorp. These brands represent Hero Motocorp Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| VIDA provides electric scooters with long range and smart connectivity for riders. | vidaworld.com | |
| Develops innovative two-wheelers and electric vehicles for global markets. | herotcg.de | |
| Motorcycles, scooters, and electric vehicles are manufactured and distributed. | heromotocorp.com |
Competitors & Alternatives of Hero Motocorp Limited
Brands and companies operating in the same space as Hero Motocorp Limited include Ather Energy, Ola Electric, Ultraviolette and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Ather Energy
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Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | Bengaluru, India, India | 2013 |
Ola Electric
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Electric scooters and motorcycles are manufactured with related accessories. | Bengaluru, India, India | 2017 |
Ultraviolette
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High-performance electric motorcycles for street and sports use are engineered. | Bengaluru, India, India | 2016 |
Harley Davidson
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Motorcycles are manufactured, along with parts, apparel, and financial services. | Milwaukee, United States, United States | 1903 |
Zero Motorcycles
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Manufacturer of electric motorbikes | Scotts Valley, United States, United States | 2006 |
BGauss
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Retailer of electric scooters offering test rides, maintenance, and financing | Mumbai, India, India | 2020 |
Niu
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Electric scooters are developed and fleets are provided for ride-sharing. | Beijing, China, China | 2014 |
Hero Electric
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Manufacturer offering electric scooters and mobility solutions | Gurugram, India, India | 2007 |
Gogoro
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Electric scooters are developed and battery swapping networks are operated. | Taipei, Taiwan, Taiwan | 2011 |
KTM
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Motorcycles are designed, manufactured, and distributed by KTM. | Mattighofen, Austria, Austria | 1934 |
Business Activity of Hero Motocorp Limited
Hero Motocorp Limited is engaged in the principal business activity of manufacturing, with detailed activities including motor vehicles, trailers, semi trailers and other transport vehicles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles | ********* |
Auditor Details of Hero Motocorp Limited
Hero Motocorp Limited is audited by Deloitte Haskins & Sells LLP (ICAI peer reviewed, certificate valid till 2027-07-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| Deloitte Haskins & Sells LLP (ICAI peer reviewed, certificate valid till 2027-07-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Hero Motocorp Limited
Hero Motocorp Limited is currently managed by 12 directors, with 42 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagmohan Singh Raju | Director | 15 Nov 2018 | 7 Years 7 Months | Current |
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Pradeep Dinodia
Also directs:
Hero Fincorp Limited, S R Dinodia & Co Llp, Shriram Pistons & Rings Limited and 2 more
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Director | 31 Mar 2001 | 25 Years 3 Months | Current |
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Suman Kant Munjal
Also directs:
Survam Partners Llp, Ludhiana Angels Network Llp, Rockman Advanced Composites Private Limited and 5 more
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Director | 29 Jul 2010 | 15 Years 11 Months | Current |
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Birender Singh Dhanoa
Also directs:
Interglobe Aviation Limited, Hmc Mm Auto Limited
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Director | 01 Oct 2020 | 5 Years 9 Months | Current |
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Pawan Munjal
Also directs:
Munjal Acme Packaging Systems Private Limited, Rockman Industries Limited, Bahadur Chand Investments Private Limited and 5 more
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Whole-Time Director | 01 Apr 1986 | 40 Years 3 Months | Current |
| Camille Miki Tang | Director | 19 Nov 2021 | 4 Years 7 Months | Current |
Financials of Hero Motocorp Limited FY 2026 filings available
Hero Motocorp Limited reported revenue of ₹47,411 Cr (up 15.85% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹47,411 Cr | ₹40,923 Cr | ₹37,789 Cr | ₹34,158 Cr | ₹29,551 Cr | ₹30,959 Cr | ₹29,255 Cr |
| Other Income | ₹1,058.13 Cr | ₹1,044.08 Cr | ₹854.54 Cr | ₹569.01 Cr | ₹555.01 Cr | ₹557.9 Cr | ₹730.56 Cr |
| Total Income | ₹48,469 Cr | ₹41,968 Cr | ₹38,643 Cr | ₹34,727 Cr | ₹30,106 Cr | ₹31,517 Cr | ₹29,986 Cr |
| Cost of Materials Consumed | ₹31,186 Cr | ₹26,607 Cr | ₹24,837 Cr | ₹24,060 Cr | ₹20,846 Cr | ₹21,968 Cr | ₹20,004 Cr |
| Purchases of Stock-in-Trade | ₹796.53 Cr | ₹547.91 Cr | ₹484.2 Cr | ₹47.43 Cr | ₹45.95 Cr | ₹31.14 Cr | ₹0 |
| Changes in Inventories | -₹303.32 Cr | -₹244.34 Cr | ₹188.35 Cr | -₹163.69 Cr | ₹28.67 Cr | -₹255.57 Cr | -₹173.34 Cr |
| Employee Benefit Expense | ₹2,829.47 Cr | ₹2,680.07 Cr | ₹2,471.55 Cr | ₹2,250.05 Cr | ₹1,995.78 Cr | ₹1,951.02 Cr | ₹1,889.32 Cr |
| Finance Costs | ₹78.27 Cr | ₹70.65 Cr | ₹76.37 Cr | ₹104.88 Cr | ₹53.1 Cr | ₹46.41 Cr | ₹46.64 Cr |
| Depreciation & Amortisation | ₹854.99 Cr | ₹824.59 Cr | ₹757.36 Cr | ₹697.39 Cr | ₹689.52 Cr | ₹715.12 Cr | ₹845.76 Cr |
| Other Expenses | ₹5,857.27 Cr | ₹5,386.87 Cr | ₹4,458 Cr | ₹3,870.53 Cr | ₹3,190.37 Cr | ₹3,165.05 Cr | ₹3,474.13 Cr |
| Total Expenses | ₹41,299 Cr | ₹35,873 Cr | ₹33,273 Cr | ₹30,867 Cr | ₹26,849 Cr | ₹27,621 Cr | ₹26,087 Cr |
| Profit Before Exceptional Items & Tax | ₹7,170 Cr | ₹6,094.68 Cr | ₹5,370.44 Cr | ₹3,860.51 Cr | ₹3,257.16 Cr | ₹3,895.88 Cr | ₹3,899.08 Cr |
| Exceptional Items | -₹119 Cr | ₹0 | -₹159.99 Cr | ₹0 | ₹0 | ₹0 | ₹677.37 Cr |
| Profit Before Tax | ₹7,051 Cr | ₹6,094.68 Cr | ₹5,210.45 Cr | ₹3,860.51 Cr | ₹3,257.16 Cr | ₹3,895.88 Cr | ₹4,576.45 Cr |
| Total Tax Expense | ₹1,659.88 Cr | ₹1,557.75 Cr | ₹1,348.04 Cr | ₹1,063.72 Cr | ₹729.06 Cr | ₹913.27 Cr | ₹951.67 Cr |
| Net Profit | ₹5,775.7 Cr | ₹4,375.81 Cr | ₹3,742.16 Cr | ₹2,799.9 Cr | ₹2,329.05 Cr | ₹2,936.05 Cr | ₹3,659.41 Cr |
| attributable to Owners | ₹5,741.73 Cr | ₹4,378.48 Cr | ₹3,744.83 Cr | - | ₹2,316.88 Cr | ₹2,917.75 Cr | ₹3,638.11 Cr |
| attributable to NCI | ₹33.97 Cr | -₹2.67 Cr | -₹2.67 Cr | - | ₹12.17 Cr | ₹18.3 Cr | ₹21.3 Cr |
| Other Comprehensive Income | ₹56.61 Cr | -₹39.04 Cr | -₹32.86 Cr | -₹34.87 Cr | -₹60 Lakh | -₹25.87 Cr | -₹18.29 Cr |
| Total Comprehensive Income | ₹5,832.31 Cr | ₹4,336.77 Cr | ₹3,709.3 Cr | ₹2,765.03 Cr | ₹2,328.45 Cr | ₹2,910.18 Cr | ₹3,641.12 Cr |
| EBITDA (computed) | ₹8,103.26 Cr | ₹6,989.92 Cr | ₹6,204.17 Cr | ₹4,662.78 Cr | ₹3,999.78 Cr | ₹4,657.41 Cr | ₹4,791.48 Cr |
| Basic EPS | ₹287.01 | ₹218.96 | ₹187.36 | ₹140.62 | ₹115.96 | ₹146.07 | ₹182.15 |
| Diluted EPS | ₹286.72 | ₹218.69 | ₹187.04 | ₹140.69 | ₹115.93 | ₹146.04 | ₹182.15 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹33,453 Cr | ₹28,390 Cr | ₹26,153 Cr | ₹23,917 Cr |
| Non-current Assets | ₹14,548 Cr | ₹14,956 Cr | ₹15,837 Cr | ₹14,482 Cr |
| Current Assets | ₹18,905 Cr | ₹13,434 Cr | ₹10,315 Cr | ₹9,435.33 Cr |
| Property, Plant & Equipment | ₹5,325.25 Cr | ₹5,219.13 Cr | ₹5,212.58 Cr | ₹5,159.42 Cr |
| Inventories | ₹2,650.09 Cr | ₹2,013.34 Cr | ₹1,755.9 Cr | ₹1,756.39 Cr |
| Trade Receivables | ₹2,339.85 Cr | ₹3,381.29 Cr | ₹2,630.22 Cr | ₹2,719.47 Cr |
| Cash & Equivalents | ₹686.71 Cr | ₹383.55 Cr | ₹604.91 Cr | ₹226.3 Cr |
| Equity (Net Worth) | ₹21,811 Cr | ₹19,404 Cr | ₹17,835 Cr | ₹16,781 Cr |
| Equity Share Capital | ₹40.02 Cr | ₹40 Cr | ₹39.98 Cr | ₹39.97 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹20.09 Cr |
| Borrowings (Current) | ₹498.55 Cr | ₹456.76 Cr | ₹363.43 Cr | ₹293.15 Cr |
| Total Debt (computed) | ₹498.55 Cr | ₹456.76 Cr | ₹363.43 Cr | ₹313.24 Cr |
| Current Liabilities | ₹9,904.33 Cr | ₹7,475.98 Cr | ₹7,048.37 Cr | ₹6,012.62 Cr |
| Total Liabilities | ₹11,642 Cr | ₹8,986.23 Cr | ₹8,318.22 Cr | ₹7,136.4 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹8,314.62 Cr | ₹4,297.39 Cr | ₹4,923.07 Cr | ₹2,613.84 Cr | ₹2,103.7 Cr |
| Investing Cash Flow | -₹4,477.77 Cr | -₹1,703.36 Cr | -₹1,827.87 Cr | -₹421.33 Cr | -₹221.97 Cr |
| Financing Cash Flow | -₹3,533.69 Cr | -₹2,815.39 Cr | -₹2,716.59 Cr | -₹2,147.23 Cr | -₹1,975.33 Cr |
| Capital Expenditure | ₹1,100.1 Cr | ₹856.63 Cr | ₹787.89 Cr | ₹604.25 Cr | ₹569.66 Cr |
| Free Cash Flow (computed) | ₹7,214.52 Cr | ₹3,440.76 Cr | ₹4,135.18 Cr | ₹2,009.59 Cr | ₹1,534.04 Cr |
| Dividends Paid | ₹3,507.31 Cr | ₹2,799.83 Cr | ₹2,702.09 Cr | ₹1,998.33 Cr | ₹1,907.27 Cr |
| Net Change in Cash | ₹303.16 Cr | -₹221.36 Cr | ₹378.61 Cr | ₹45.28 Cr | -₹93.6 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹12,978 Cr | ₹12,487 Cr | ₹12,218 Cr | ₹9,727.75 Cr | ₹9,969.81 Cr | ₹10,260 Cr | ₹10,483 Cr | ₹10,211 Cr | ₹9,616.68 Cr | ₹9,787.86 Cr | ₹9,533.07 Cr | ₹8,851.01 Cr |
| Other Income | ₹210.04 Cr | ₹297.76 Cr | ₹240.39 Cr | ₹309.94 Cr | ₹274.19 Cr | ₹306.42 Cr | ₹238.66 Cr | ₹224.81 Cr | ₹177.33 Cr | ₹243.57 Cr | ₹208.1 Cr | ₹225.54 Cr |
| Total Income | ₹13,188 Cr | ₹12,785 Cr | ₹12,459 Cr | ₹10,038 Cr | ₹10,244 Cr | ₹10,566 Cr | ₹10,722 Cr | ₹10,436 Cr | ₹9,794.01 Cr | ₹10,031 Cr | ₹9,741.17 Cr | ₹9,076.55 Cr |
| Cost of Materials Consumed | ₹8,512.82 Cr | ₹8,253.34 Cr | ₹8,067.06 Cr | ₹6,352.94 Cr | ₹6,458.46 Cr | ₹6,613.44 Cr | ₹6,918.58 Cr | ₹6,616.59 Cr | ₹6,109.79 Cr | ₹6,505.87 Cr | ₹6,499.98 Cr | ₹6,061.7 Cr |
| Purchases of Stock-in-Trade | ₹212.37 Cr | ₹246.03 Cr | ₹190.58 Cr | ₹147.55 Cr | ₹135.68 Cr | ₹144.87 Cr | ₹145.81 Cr | ₹121.55 Cr | ₹126.6 Cr | ₹2.31 Cr | ₹5.08 Cr | ₹9.76 Cr |
| Changes in Inventories | ₹111.11 Cr | -₹185.33 Cr | -₹176.45 Cr | -₹52.65 Cr | -₹152.35 Cr | -₹85.79 Cr | -₹138 Cr | ₹131.8 Cr | ₹92.28 Cr | ₹46.02 Cr | -₹6.52 Cr | ₹56.57 Cr |
| Employee Benefit Expense | ₹701.31 Cr | ₹753.59 Cr | ₹725.5 Cr | ₹649.07 Cr | ₹695.97 Cr | ₹683.24 Cr | ₹672.94 Cr | ₹627.92 Cr | ₹663.43 Cr | ₹618.42 Cr | ₹593.5 Cr | ₹596.2 Cr |
| Finance Costs | ₹18.72 Cr | ₹19.64 Cr | ₹19.25 Cr | ₹20.66 Cr | ₹16.93 Cr | ₹16.55 Cr | ₹18.32 Cr | ₹18.85 Cr | ₹7.64 Cr | ₹22.74 Cr | ₹24.98 Cr | ₹21.01 Cr |
| Depreciation & Amortisation | ₹220.5 Cr | ₹218.61 Cr | ₹210.27 Cr | ₹205.61 Cr | ₹204.14 Cr | ₹208.91 Cr | ₹206.1 Cr | ₹205.44 Cr | ₹196.61 Cr | ₹193.92 Cr | ₹187.09 Cr | ₹179.74 Cr |
| Other Expenses | ₹1,518.7 Cr | ₹1,572.97 Cr | ₹1,547.66 Cr | ₹1,217.94 Cr | ₹1,391.3 Cr | ₹1,396.41 Cr | ₹1,347.51 Cr | ₹1,251.65 Cr | ₹1,231.01 Cr | ₹1,230.36 Cr | ₹1,081.48 Cr | ₹915.15 Cr |
| Total Expenses | ₹11,296 Cr | ₹10,879 Cr | ₹10,584 Cr | ₹8,541.12 Cr | ₹8,750.13 Cr | ₹8,977.63 Cr | ₹9,171.26 Cr | ₹8,973.8 Cr | ₹8,427.36 Cr | ₹8,619.64 Cr | ₹8,385.59 Cr | ₹7,840.13 Cr |
| Profit Before Exceptional Items & Tax | ₹1,892.79 Cr | ₹1,905.73 Cr | ₹1,874.91 Cr | ₹1,496.57 Cr | ₹1,493.87 Cr | ₹1,588.68 Cr | ₹1,550.33 Cr | ₹1,461.8 Cr | ₹1,366.65 Cr | ₹1,411.79 Cr | ₹1,355.58 Cr | ₹1,236.42 Cr |
| Exceptional Items | ₹0 | -₹119 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | -₹159.99 Cr |
| Profit Before Tax | ₹1,892.79 Cr | ₹1,786.73 Cr | ₹1,874.91 Cr | ₹1,496.57 Cr | ₹1,493.87 Cr | ₹1,588.68 Cr | ₹1,550.33 Cr | ₹1,461.8 Cr | ₹1,366.65 Cr | ₹1,411.79 Cr | ₹1,355.58 Cr | ₹1,076.43 Cr |
| Total Tax Expense | ₹366.6 Cr | ₹417.02 Cr | ₹455.9 Cr | ₹420.36 Cr | ₹396.16 Cr | ₹388.56 Cr | ₹397.58 Cr | ₹375.45 Cr | ₹348.62 Cr | ₹364.96 Cr | ₹353.06 Cr | ₹281.4 Cr |
| Net Profit | ₹1,473.92 Cr | ₹1,275.15 Cr | ₹1,320.98 Cr | ₹1,705.65 Cr | ₹1,168.75 Cr | ₹1,108.38 Cr | ₹1,066.47 Cr | ₹1,032.21 Cr | ₹943.46 Cr | ₹1,091.12 Cr | ₹1,007.04 Cr | ₹700.54 Cr |
| attributable to Owners | ₹1,460 Cr | ₹1,267.55 Cr | ₹1,308.89 Cr | ₹1,705.29 Cr | ₹1,161.33 Cr | ₹1,107.55 Cr | ₹1,063.71 Cr | ₹1,045.89 Cr | ₹935.01 Cr | ₹1,093.41 Cr | ₹1,006.31 Cr | ₹710.1 Cr |
| attributable to NCI | ₹13.92 Cr | ₹7.6 Cr | ₹12.09 Cr | ₹36 Lakh | ₹7.42 Cr | ₹83 Lakh | ₹2.76 Cr | -₹13.68 Cr | ₹8.45 Cr | -₹2.29 Cr | ₹73 Lakh | -₹9.56 Cr |
| Other Comprehensive Income | ₹58.69 Cr | -₹12.75 Cr | ₹22.19 Cr | -₹11.52 Cr | -₹18 Cr | ₹6.47 Cr | -₹5.69 Cr | -₹21.82 Cr | -₹11.88 Cr | -₹13.1 Cr | ₹1.89 Cr | -₹9.77 Cr |
| Total Comprehensive Income | ₹1,532.61 Cr | ₹1,262.4 Cr | ₹1,343.17 Cr | ₹1,694.13 Cr | ₹1,150.75 Cr | ₹1,114.85 Cr | ₹1,060.78 Cr | ₹1,010.39 Cr | ₹931.58 Cr | ₹1,078.02 Cr | ₹1,008.93 Cr | ₹690.77 Cr |
| EBITDA (computed) | ₹2,132.01 Cr | ₹2,143.98 Cr | ₹2,104.43 Cr | ₹1,722.84 Cr | ₹1,714.94 Cr | ₹1,814.14 Cr | ₹1,774.75 Cr | ₹1,686.09 Cr | ₹1,570.9 Cr | ₹1,628.45 Cr | ₹1,567.65 Cr | ₹1,437.17 Cr |
| Basic EPS | ₹72.98 | ₹63.36 | ₹65.41 | ₹85.26 | ₹58.08 | ₹55.38 | ₹53.19 | ₹52.31 | ₹46.78 | ₹54.71 | ₹50.34 | ₹35.54 |
| Diluted EPS | ₹72.91 | ₹63.30 | ₹65.34 | ₹85.17 | ₹58.01 | ₹55.31 | ₹53.08 | ₹52.21 | ₹46.70 | ₹54.59 | ₹50.25 | ₹35.50 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹46,830 Cr | ₹40,756 Cr | ₹37,456 Cr | ₹33,806 Cr | ₹29,245 Cr | ₹30,801 Cr | ₹28,836 Cr |
| Other Income | ₹1,041.01 Cr | ₹1,055.92 Cr | ₹892.55 Cr | ₹565.16 Cr | ₹556.91 Cr | ₹579.85 Cr | ₹778.34 Cr |
| Total Income | ₹47,871 Cr | ₹41,812 Cr | ₹38,348 Cr | ₹34,371 Cr | ₹29,802 Cr | ₹31,380 Cr | ₹29,614 Cr |
| Cost of Materials Consumed | ₹30,844 Cr | ₹26,528 Cr | ₹24,767 Cr | ₹24,020 Cr | ₹20,708 Cr | ₹21,875 Cr | ₹19,867 Cr |
| Purchases of Stock-in-Trade | ₹796.53 Cr | ₹547.91 Cr | ₹484.2 Cr | ₹47.43 Cr | ₹45.95 Cr | ₹30.46 Cr | ₹0 |
| Changes in Inventories | -₹78.01 Cr | -₹6.94 Cr | ₹179.11 Cr | -₹209.04 Cr | ₹72.71 Cr | -₹143.46 Cr | -₹169.78 Cr |
| Employee Benefit Expense | ₹2,710.5 Cr | ₹2,595.2 Cr | ₹2,402.34 Cr | ₹2,189.83 Cr | ₹1,935.44 Cr | ₹1,898.72 Cr | ₹1,841.7 Cr |
| Finance Costs | ₹22.76 Cr | ₹19.92 Cr | ₹18.5 Cr | ₹19.87 Cr | ₹25.8 Cr | ₹21.84 Cr | ₹22.02 Cr |
| Depreciation & Amortisation | ₹798 Cr | ₹775.86 Cr | ₹711.41 Cr | ₹656.96 Cr | ₹649.75 Cr | ₹676.87 Cr | ₹817.96 Cr |
| Other Expenses | ₹5,685.95 Cr | ₹5,224.78 Cr | ₹4,366.9 Cr | ₹3,771.47 Cr | ₹3,114.53 Cr | ₹3,120.33 Cr | ₹3,339.02 Cr |
| Total Expenses | ₹40,780 Cr | ₹35,684 Cr | ₹32,930 Cr | ₹30,496 Cr | ₹26,552 Cr | ₹27,480 Cr | ₹25,718 Cr |
| Profit Before Exceptional Items & Tax | ₹7,091.01 Cr | ₹6,127.81 Cr | ₹5,418.35 Cr | ₹3,874.56 Cr | ₹3,250.13 Cr | ₹3,900.38 Cr | ₹3,896.32 Cr |
| Exceptional Items | -₹119 Cr | ₹0 | -₹159.99 Cr | ₹0 | ₹0 | ₹0 | ₹677.37 Cr |
| Profit Before Tax | ₹6,972.01 Cr | ₹6,127.81 Cr | ₹5,258.36 Cr | ₹3,874.56 Cr | ₹3,250.13 Cr | ₹3,900.38 Cr | ₹4,573.69 Cr |
| Total Tax Expense | ₹1,703.8 Cr | ₹1,517.86 Cr | ₹1,290.4 Cr | ₹963.98 Cr | ₹777.11 Cr | ₹936.18 Cr | ₹940.43 Cr |
| Net Profit | ₹5,268.21 Cr | ₹4,609.95 Cr | ₹3,967.96 Cr | ₹2,910.58 Cr | ₹2,473.02 Cr | ₹2,964.2 Cr | ₹3,633.26 Cr |
| Other Comprehensive Income | -₹15.98 Cr | -₹12.03 Cr | -₹22.35 Cr | -₹9.37 Cr | -₹5.44 Cr | -₹21.06 Cr | -₹31.78 Cr |
| Total Comprehensive Income | ₹5,252.23 Cr | ₹4,597.92 Cr | ₹3,945.61 Cr | ₹2,901.21 Cr | ₹2,467.58 Cr | ₹2,943.14 Cr | ₹3,601.48 Cr |
| EBITDA (computed) | ₹7,911.77 Cr | ₹6,923.59 Cr | ₹6,148.26 Cr | ₹4,551.39 Cr | ₹3,925.68 Cr | ₹4,599.09 Cr | ₹4,736.3 Cr |
| Basic EPS | ₹263.34 | ₹230.53 | ₹198.53 | ₹145.66 | ₹123.78 | ₹148.39 | ₹181.91 |
| Diluted EPS | ₹263.07 | ₹230.25 | ₹198.18 | ₹145.52 | ₹123.74 | ₹148.37 | ₹181.91 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹32,244 Cr | ₹27,920 Cr | ₹25,572 Cr | ₹23,263 Cr |
| Non-current Assets | ₹14,131 Cr | ₹15,083 Cr | ₹15,776 Cr | ₹14,226 Cr |
| Current Assets | ₹18,114 Cr | ₹12,837 Cr | ₹9,796.02 Cr | ₹9,036.79 Cr |
| Property, Plant & Equipment | ₹5,021.88 Cr | ₹4,948.96 Cr | ₹4,933.87 Cr | ₹4,868.2 Cr |
| Inventories | ₹1,858.22 Cr | ₹1,457.61 Cr | ₹1,443.76 Cr | ₹1,434.09 Cr |
| Trade Receivables | ₹2,593.2 Cr | ₹3,674.43 Cr | ₹2,703.44 Cr | ₹2,798.21 Cr |
| Cash & Equivalents | ₹531.59 Cr | ₹289.08 Cr | ₹539.89 Cr | ₹168.37 Cr |
| Equity (Net Worth) | ₹21,578 Cr | ₹19,807 Cr | ₹17,986 Cr | ₹16,705 Cr |
| Equity Share Capital | ₹40.02 Cr | ₹40 Cr | ₹39.98 Cr | ₹39.97 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Debt (computed) | ₹0 | ₹0 | ₹0 | ₹0 |
| Current Liabilities | ₹9,145.26 Cr | ₹6,846.55 Cr | ₹6,544.26 Cr | ₹5,623.98 Cr |
| Total Liabilities | ₹10,666 Cr | ₹8,113.24 Cr | ₹7,585.37 Cr | ₹6,558.05 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹8,314.92 Cr | ₹4,181.9 Cr | ₹4,906.53 Cr | ₹2,579.08 Cr | ₹2,020.27 Cr |
| Investing Cash Flow | -₹4,505.49 Cr | -₹1,585.78 Cr | -₹1,801.88 Cr | -₹468.81 Cr | -₹151.94 Cr |
| Financing Cash Flow | -₹3,566.92 Cr | -₹2,846.93 Cr | -₹2,733.13 Cr | -₹2,040.58 Cr | -₹1,938.87 Cr |
| Capital Expenditure | ₹1,005.85 Cr | ₹826.84 Cr | ₹719.5 Cr | ₹577.7 Cr | ₹534.69 Cr |
| Free Cash Flow (computed) | ₹7,309.07 Cr | ₹3,355.06 Cr | ₹4,187.03 Cr | ₹2,001.38 Cr | ₹1,485.58 Cr |
| Dividends Paid | ₹3,501.09 Cr | ₹2,799.83 Cr | ₹2,698.67 Cr | ₹1,998.33 Cr | ₹1,898.13 Cr |
| Net Change in Cash | ₹242.51 Cr | -₹250.81 Cr | ₹371.52 Cr | ₹69.69 Cr | -₹70.54 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹12,797 Cr | ₹12,328 Cr | ₹12,126 Cr | ₹9,578.86 Cr | ₹9,938.65 Cr | ₹10,211 Cr | ₹10,463 Cr | ₹10,144 Cr | ₹9,519.3 Cr | ₹9,723.73 Cr | ₹9,445.42 Cr | ₹8,767.27 Cr |
| Other Income | ₹208.63 Cr | ₹295.87 Cr | ₹232.84 Cr | ₹303.67 Cr | ₹223.7 Cr | ₹317.51 Cr | ₹283 Cr | ₹231.71 Cr | ₹180.04 Cr | ₹242.04 Cr | ₹248.3 Cr | ₹222.17 Cr |
| Total Income | ₹13,005 Cr | ₹12,624 Cr | ₹12,359 Cr | ₹9,882.53 Cr | ₹10,162 Cr | ₹10,528 Cr | ₹10,746 Cr | ₹10,375 Cr | ₹9,699.34 Cr | ₹9,965.77 Cr | ₹9,693.72 Cr | ₹8,989.44 Cr |
| Cost of Materials Consumed | ₹8,349.31 Cr | ₹8,224.13 Cr | ₹7,975.82 Cr | ₹6,295.15 Cr | ₹6,393.83 Cr | ₹6,598.86 Cr | ₹6,916.54 Cr | ₹6,618.52 Cr | ₹6,103.25 Cr | ₹6,488.57 Cr | ₹6,480.81 Cr | ₹6,035.28 Cr |
| Purchases of Stock-in-Trade | ₹212.37 Cr | ₹246.03 Cr | ₹190.58 Cr | ₹147.55 Cr | ₹135.68 Cr | ₹144.87 Cr | ₹145.81 Cr | ₹121.55 Cr | ₹126.6 Cr | ₹2.31 Cr | ₹5.08 Cr | ₹9.76 Cr |
| Changes in Inventories | ₹203.88 Cr | -₹157.1 Cr | -₹72.47 Cr | -₹52.32 Cr | -₹22.64 Cr | -₹28.52 Cr | -₹82.87 Cr | ₹127.09 Cr | ₹95 Cr | ₹56.16 Cr | -₹7.92 Cr | ₹35.87 Cr |
| Employee Benefit Expense | ₹681.39 Cr | ₹704.97 Cr | ₹698.13 Cr | ₹626.01 Cr | ₹671.14 Cr | ₹662.22 Cr | ₹653.52 Cr | ₹608.32 Cr | ₹643.74 Cr | ₹601.67 Cr | ₹576.77 Cr | ₹580.16 Cr |
| Finance Costs | ₹5.54 Cr | ₹5.96 Cr | ₹5.65 Cr | ₹5.61 Cr | ₹4.73 Cr | ₹5.45 Cr | ₹4.93 Cr | ₹4.81 Cr | ₹4.56 Cr | ₹4.52 Cr | ₹4.76 Cr | ₹4.66 Cr |
| Depreciation & Amortisation | ₹203.86 Cr | ₹204.42 Cr | ₹196.95 Cr | ₹192.77 Cr | ₹192.07 Cr | ₹196.9 Cr | ₹193.69 Cr | ₹193.2 Cr | ₹185.05 Cr | ₹182.51 Cr | ₹174.88 Cr | ₹168.97 Cr |
| Other Expenses | ₹1,494.02 Cr | ₹1,500.3 Cr | ₹1,510.87 Cr | ₹1,180.76 Cr | ₹1,345.09 Cr | ₹1,356.87 Cr | ₹1,314.32 Cr | ₹1,208.5 Cr | ₹1,191.56 Cr | ₹1,213 Cr | ₹1,062.39 Cr | ₹899.95 Cr |
| Total Expenses | ₹11,150 Cr | ₹10,729 Cr | ₹10,506 Cr | ₹8,395.53 Cr | ₹8,719.9 Cr | ₹8,936.65 Cr | ₹9,145.94 Cr | ₹8,881.99 Cr | ₹8,349.76 Cr | ₹8,548.74 Cr | ₹8,296.77 Cr | ₹7,734.65 Cr |
| Profit Before Exceptional Items & Tax | ₹1,854.79 Cr | ₹1,895.54 Cr | ₹1,853.68 Cr | ₹1,487 Cr | ₹1,442.45 Cr | ₹1,591.64 Cr | ₹1,600.27 Cr | ₹1,493.45 Cr | ₹1,349.58 Cr | ₹1,417.03 Cr | ₹1,396.95 Cr | ₹1,254.79 Cr |
| Exceptional Items | ₹0 | -₹119 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | -₹159.99 Cr |
| Profit Before Tax | ₹1,854.79 Cr | ₹1,776.54 Cr | ₹1,853.68 Cr | ₹1,487 Cr | ₹1,442.45 Cr | ₹1,591.64 Cr | ₹1,600.27 Cr | ₹1,493.45 Cr | ₹1,349.58 Cr | ₹1,417.03 Cr | ₹1,396.95 Cr | ₹1,094.8 Cr |
| Total Tax Expense | ₹453.66 Cr | ₹427.99 Cr | ₹460.85 Cr | ₹361.3 Cr | ₹361.51 Cr | ₹388.8 Cr | ₹396.73 Cr | ₹370.82 Cr | ₹333.53 Cr | ₹343.65 Cr | ₹343.14 Cr | ₹270.08 Cr |
| Net Profit | ₹1,401.13 Cr | ₹1,348.55 Cr | ₹1,392.83 Cr | ₹1,125.7 Cr | ₹1,080.94 Cr | ₹1,202.84 Cr | ₹1,203.54 Cr | ₹1,122.63 Cr | ₹1,016.05 Cr | ₹1,073.38 Cr | ₹1,053.81 Cr | ₹824.72 Cr |
| Other Comprehensive Income | ₹86 Lakh | -₹10.22 Cr | -₹3.31 Cr | -₹3.31 Cr | -₹4.3 Cr | -₹2.58 Cr | -₹2.57 Cr | -₹2.58 Cr | -₹14.97 Cr | -₹2.46 Cr | -₹2.46 Cr | -₹2.46 Cr |
| Total Comprehensive Income | ₹1,401.99 Cr | ₹1,338.33 Cr | ₹1,389.52 Cr | ₹1,122.39 Cr | ₹1,076.64 Cr | ₹1,200.26 Cr | ₹1,200.97 Cr | ₹1,120.05 Cr | ₹1,001.08 Cr | ₹1,070.92 Cr | ₹1,051.35 Cr | ₹822.26 Cr |
| EBITDA (computed) | ₹2,064.19 Cr | ₹2,105.92 Cr | ₹2,056.28 Cr | ₹1,685.38 Cr | ₹1,639.25 Cr | ₹1,793.99 Cr | ₹1,798.89 Cr | ₹1,691.46 Cr | ₹1,539.19 Cr | ₹1,604.06 Cr | ₹1,576.59 Cr | ₹1,428.42 Cr |
| Basic EPS | ₹70.04 | ₹67.40 | ₹69.62 | ₹56.28 | ₹54.06 | ₹60.15 | ₹60.18 | ₹56.15 | ₹50.84 | ₹53.70 | ₹52.72 | ₹41.27 |
| Diluted EPS | ₹69.96 | ₹67.35 | ₹69.54 | ₹56.22 | ₹53.99 | ₹60.07 | ₹60.06 | ₹56.04 | ₹50.74 | ₹53.60 | ₹52.61 | ₹41.23 |
Shareholding Pattern of Hero Motocorp Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 34.73%, foreign institutional investors hold 31.15%, domestic institutional investors hold 24.78%, retail and other public shareholders hold 9.34% of Hero Motocorp Limited. The company had 895,516 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 34.73% | 34.73% | 34.73% | 34.74% | 34.74% | 34.74% |
| Public | 65.27% | 65.27% | 65.27% | 65.26% | 65.26% | 65.26% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 34.73% | 34.74% | 34.76% | 34.77% | 34.75% | 34.76% | 34.63% | 34.63% | 34.63% | 34.64% | 34.64% |
| Public | 65.27% | 65.26% | 65.24% | 65.23% | 65.25% | 65.24% | 65.37% | 65.37% | 65.37% | 65.36% | 65.36% |
| Promoter change (YoY, %pts) | -0.01 | -0.02 | -0.01 | +0.02 | -0.01 | +0.13 | +0.00 | +0.00 | -0.01 | +0.00 | - |
Board & Governance of Hero Motocorp Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Hero Motocorp Limited has 10 directors - 5 independent and 2 executive. The board is chaired by Pawan Munjal.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Pawan Munjal | Executive Director · Chairperson | 1986-10-01 | 1 |
| Vikram Sitaram Kasbekar | Executive Director | 2016-08-08 | 1 |
| Suman Kant Munjal | Non-Executive - Non Independent Director | 2010-07-29 | 1 |
| Pradeep Dinodia | Non-Executive - Non Independent Director | 2001-03-31 | 3 |
| Jagmohan Singh Raju | Non-Executive - Independent Director | 2018-11-15 | 1 |
| Tina Trikha | Non-Executive - Independent Director | 2019-10-23 | 4 |
| Birender Singh Dhanoa | Non-Executive - Independent Director | 2020-10-01 | 2 |
| Camille Miki Tang | Non-Executive - Independent Director | 2021-11-19 | 1 |
| Rajnish Kumar | Non-Executive - Independent Director | 2021-11-25 | 4 |
| Vasudha Dinodia | Non-Executive - Non Independent Director | 2021-11-25 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Tina Trikha (Chairperson), Birender Singh Dhanoa, Jagmohan Singh Raju, Vikram Sitaram Kasbekar |
| Nomination and remuneration committee | Birender Singh Dhanoa (Chairperson), Jagmohan Singh Raju, Tina Trikha |
| Stakeholders Relationship Committee | Pradeep Dinodia (Chairperson), Vasudha Dinodia, Rajnish Kumar, Birender Singh Dhanoa |
| Risk Management Committee | Vikram Sitaram Kasbekar (Chairperson), Camille Miki Tang, Rajnish Kumar, Pradeep Dinodia |
| Corporate Social Responsibility Committee | Vasudha Dinodia (Chairperson), Tina Trikha, Jagmohan Singh Raju, Camille Miki Tang |
Group Structure of Hero Motocorp Limited
Hero Motocorp Limited has 1 subsidiary company and 2 associated companies. This group structure data is as of FY 2023. The corporate group structure reflects Hero Motocorp Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Hmc Mm Auto Limited | U35923DL2013PLC260142 | - |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Hero Motocorp Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Mar 2011 | Il & Fs Trust Company Limited | ₹1,000 Cr | Satisfied |
| 01 Mar 2011 | Idbi Trusteeship Services Limited | ₹1,000 Cr | Satisfied |
| 01 Mar 2011 | Axis Trustee Services Limited | ₹900 Cr | Satisfied |
| 29 Dec 2010 | Axis Trustee Services Limited | ₹25 Cr | Satisfied |
| 07 Dec 2010 | Bank of America N.A | ₹425 Cr | Satisfied |
Total charge records: 19 View all charges
Employees and EPFO Compliance at Hero Motocorp Limited
Hero Motocorp Limited has a workforce of 14,072 employees as of Apr 08, 2024.
Employee Count & EPFO Data of Hero Motocorp Limited
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GST Compliance of Hero Motocorp Limited
GSTIN & GST Filing Data of Hero Motocorp Limited
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Credit Ratings, Litigation & Regulatory Alerts for Hero Motocorp Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Hero Motocorp Limited
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MSME Payment Delays by Hero Motocorp Limited
MSME Payment Delays by Hero Motocorp Limited
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Subsidiaries & Group Companies of Hero Motocorp Limited
Subsidiaries & Group Companies of Hero Motocorp Limited
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MCA Filings & Documents of Hero Motocorp Limited
MCA Filings & Documents of Hero Motocorp Limited
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Recent Activity on Hero Motocorp Limited
Recent News on Hero Motocorp Limited
Frequently Asked Questions about Hero Motocorp Limited
Hero Motocorp Limited is an active public limited company in the automotive sector based in New Delhi, Delhi, India. It was incorporated on 19 January 1984 (42+ years old) and is registered under CIN L35911DL1984PLC017354. Listed on BSE: 500182 and NSE: HEROMOTOCO. The company has 14,072 employees.
Hero Motocorp Limited reported revenue of ₹41,968 Cr for FY 2025 (up 9.00% YoY).
The current directors of Hero Motocorp Limited are:
- Jagmohan Singh Raju
- Pradeep Dinodia
- Suman Kant Munjal
- Birender Singh Dhanoa
- Pawan Munjal
- Camille Miki Tang
- Tina Trikha
- Vasudha Dinodia
- Vivek Anand
- Vikram Sitaram Kasbekar
- Rajnish Kumar
- Vikram Sitaram Kasbekar
The primary industry of Hero Motocorp Limited is automotive. The company specifically operates in motorcycles and scooters. The company is currently active in this sector.
Yes. Hero Motocorp Limited is listed on both BSE (code: 500182) and NSE (symbol: HEROMOTOCO).
Hero Motocorp Limited can be reached at the registered office: The Grand Plaza Plot No. 2 Nelson Mandela Road Vasant Kunj – Phase – Ii, New Delhi, Delhi, India – 110070, or through the website heromotocorp.com.