Hero Motocorp Limited

BSE: 500182 NSE: HEROMOTOCO
Hero Motocorp Limited - automotive in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN L35911DL1984PLC017354 Incorporated 19 January 1984 ROC Delhi HQ New Delhi, Delhi, India
Active Listed - NSE: HEROMOTOCO · BSE: 500182 Public Limited Company automotive Fortune India 500 · #73 Nifty 500
Data last updated
Market Cap
₹1,02,183 Cr
HEROMOTOCO · NSE
Share Price
₹5,167.00
+1.21% today
Revenue
₹47,411 Cr
FY 2025-26 · +15.9% YoY
EBITDA
₹6,926 Cr
Margin 14.6%
Net Profit
₹5,745 Cr
FY 2025-26 · +37.4% YoY
P/E (TTM)
19.2x
P/B 4.9x
ROE
28.2%
ROCE 34.3%
Debt / Equity
0.04
Interest cover 1.3x

About Hero Motocorp Limited

Data last updated:

Hero Motocorp Limited is a public limited company based in New Delhi, Delhi, India. It operates in the motorcycles and scooters segment of the automotive sector. It was incorporated on 19 January 1984 and has been in existence for over 42 years.

Hero Motocorp is ranked #73 on the Fortune India 500 (2025). It is part of the Nifty 500 and BSE 500 indices. Its director Suman Kant Munjal is #205 among India's richest people (2026). Its director Pawan Kant Munjal is #233 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L35911DL1984PLC017354. Its GSTIN is 07AAACH0812J1ZY (Delhi). The company holds 27 GST registrations, of which 16 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 500182 and NSE: HEROMOTOCO.

The company has an authorised share capital of ₹58 Cr and a paid-up capital of ₹40.03 Cr. It was formerly known as Hero Honda Motors Limited. It is led by directors including Vikram Sitaram Kasbekar (Whole-Time Director) and Pawan Munjal (Whole-Time Director).

Its last annual general meeting (AGM) was held on 05 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at The Grand Plaza Plot No. 2 Nelson Mandela Road Vasant Kunj – Phase, II, New Delhi, Delhi, India – 110070.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹47,411 Cr, a growth of 15.9% compared to the previous year. For the same year it recorded a net profit of ₹5,744.56 Cr (net margin 12.1%) and EBITDA of ₹6,926.13 Cr (EBITDA margin 14.6%). The net worth stands at ₹21,611 Cr (up 12.1% YoY). Total assets are valued at ₹23,396 Cr (up 12.8% YoY).

The company has about 14,072 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

The company is associated with 3 brands: Vida World, Hero Tech Center Germany and Hero MotoCorp. As per MCA filings, the company has satisfied charges of ₹3,892.3 Cr on record. Court records list 1,179 cases involving the company, including 413 filed by the company and 767 filed against it; 283 cases are pending. The company has 69 deals on record (53 market trades, 15 secondary share transfers, 1 funding round); the latest was in September 2025. Its 5 peer companies in the Automobiles industry (Two and Three Wheelers), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles) are compared by revenue, 2 larger and 3 smaller; the largest is Bajaj Auto Limited. with revenue of ₹52,469 Cr.

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.

Company details

CIN L35911DL1984PLC017354
Registration Number 017354
Incorporation Date 19 January 1984
ROC Delhi
Listing Status Listed - Listed on NSE (HEROMOTOCO); Listed on BSE (500182)
Company Status Active
Date of Last AGM 05 August 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

CIN history

Hero Motocorp has one previous CIN (Corporate Identification Number): U35911DL1984PLC017354. The current CIN is L35911DL1984PLC017354, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L35911DL1984PLC017354Current
U35911DL1984PLC017354Previous
Key People
Vikram Sitaram Kasbekar Whole-Time Director Pawan Munjal Whole-Time Director Pradeep Dinodia Director

Recognitions & Rankings of Hero Motocorp

Fortune India 500 2025 edition
Rank#73
Total income
₹42,212 Cr
Profit
₹4,378 Cr
Last year #68
India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#75
Valuation
₹91,920 Cr
2023 #72 2022 #78 2021 #80
Stock market indices
Nifty 500 BSE 500

Contact details

Hero Motocorp Limited's registered office is in New Delhi, Delhi. Its website is heromotocorp.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    heromotocorp.com
  • Social Media
  • Apps
  • Registered Address
    The Grand Plaza Plot No. 2 Nelson Mandela Road Vasant Kunj – Phase, II, New Delhi, Delhi, India – 110070
  • Industry
    Automotive, Motorcycles & Scooters

To see the full contact details of Hero Motocorp Limited, buy the company report.

Comprehensive company report
Hero Motocorp Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Hero Motocorp operates multiple associated brands including Vida World, Hero Tech Center Germany, and Hero MotoCorp. Each brand links to its own profile.

BrandDescriptionWebsite
Vida World
VIDA provides electric scooters with long range and smart connectivity for riders.vidaworld.com
Hero Tech Center Germany
Develops innovative two-wheelers and electric vehicles for global markets.herotcg.de
Hero MotoCorp
Motorcycles, scooters, and electric vehicles are manufactured and distributed.heromotocorp.com

Business activity

The main business activity of Hero Motocorp is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC11Motor vehicles, trailers, semi trailers and other Transport Vehicles

To see the full business activity and turnover split of Hero Motocorp Limited, buy the company report.

Financials of Hero Motocorp Limited

FY 2025-26 filings available

Hero Motocorp Limited reported revenue of ₹47,411 Cr (up 15.9% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹47,411 Cr
+15.9% YoY
EBITDA
₹6,926 Cr
+19.7% YoY
Profit After Tax
₹5,745 Cr
+37.4% YoY
Net Worth
₹21,611 Cr
+12.1% YoY
Total Assets
₹23,396 Cr
+12.8% YoY
Total Debt
₹779 Cr
+11.2% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue47,41140,92337,78934,15829,55130,95929,254
Revenue growth+15.9%+8.3%+10.6%+15.6%-4.6%+5.8%-
EBITDA6,9265,7855,0694,0943,2464,0534,001
EBITDA margin+14.6%+14.1%+13.4%+12.0%+11.0%+13.1%+13.7%
Profit before tax7,4365,9345,0903,8643,0583,8494,611
Net profit5,7454,1813,7732,7282,2442,7923,024
Net profit margin+12.1%+10.2%+10.0%+8.0%+7.6%+9.0%+10.3%
EPS (₹)286.94218.92187.34140.60115.96146.03182.13
Balance sheet
Total assets23,39620,74318,94217,74616,93616,46515,124
Net worth21,61119,27217,69916,65615,84715,41614,406
Total debt779700606568605584453
Cash & bank767574696423300396435
Net working capital(2,645)(174)(631)78.64(462)(1,033)(137)
Cash flow
Cash from operations8,3154,2974,9232,6142,1044,1105,518
Cash from investing(4,478)(1,703)(1,828)(421)(222)(2,289)(2,819)
Cash from financing(3,534)(2,815)(2,717)(2,147)(1,975)(1,852)(2,602)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue14,97013,12612,97812,48712,2189,7289,97010,260
Revenue growth (YoY)+22.5%+34.9%+30.2%+21.7%+16.6%-4.7%--
Other income619460210298240939345306
EBITDA1,9971,7021,8701,6331,7661,4131,4411,416
EBITDA margin+13.3%+13.0%+14.4%+13.1%+14.5%+14.5%+14.5%+13.8%
Depreciation232220220219210206204209
Interest22.7321.4118.7219.6419.2520.6616.9316.55
Profit before tax2,3611,9211,8411,6921,7772,1261,5651,497
Tax501503367417456420396389
Net profit1,8611,4181,4741,2751,3211,7061,1691,108
EPS (₹)92.9170.5372.9163.3065.3485.1758.0155.31
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue46,83040,75637,45633,80629,24530,80128,836
Revenue growth+14.9%+8.8%+10.8%+15.6%-5.1%+6.8%-
EBITDA6,7525,8685,0963,9863,3694,0193,898
EBITDA margin+14.4%+14.4%+13.6%+11.8%+11.5%+13.1%+13.5%
Profit before tax6,9726,1285,2583,8753,2503,9004,574
Net profit5,2704,4163,9972,8262,4042,8403,019
Net profit margin+11.3%+10.8%+10.7%+8.4%+8.2%+9.2%+10.5%
EPS (₹)263.28230.50198.50145.64123.77148.36181.89
Balance sheet
Total assets22,56620,60318,61917,25616,28415,66614,409
Net worth21,57819,80717,98616,70515,78315,19814,136
Total debt190163138156168150150
Cash & bank604353609346175257242
Net working capital(3,156)(582)(997)(203)(769)(1,329)(354)
Cash flow
Cash from operations8,3154,1824,9072,5792,0204,1735,410
Cash from investing(4,505)(1,586)(1,802)(469)(152)(2,210)(2,883)
Cash from financing(3,567)(2,847)(2,733)(2,041)(1,939)(1,941)(2,420)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue14,68712,99912,79712,32812,1269,5799,93910,211
Revenue growth (YoY)+21.1%+35.7%+28.8%+20.7%+15.9%-5.6%--
Other income194441209296233304224318
Total expenses12,72011,27210,94110,63710,3038,1978,5238,734
EBITDA1,9681,7271,8561,6911,8231,3821,4161,476
EBITDA margin+13.4%+13.3%+14.5%+13.7%+15.0%+14.4%+14.2%+14.5%
Depreciation216205204204197193192197
Interest6.136.285.545.965.655.614.735.45
Profit before tax1,9391,9561,8551,7771,8541,4871,4421,592
Tax483501454428461361362389

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 01 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue14,97013,12612,97812,48712,2189,7289,97010,260
Revenue growth (YoY)+22.5%+34.9%+30.2%+21.7%+16.6%-4.7%--
Other income619460210298240939345306
EBITDA1,9971,7021,8701,6331,7661,4131,4411,416
EBITDA margin+13.3%+13.0%+14.4%+13.1%+14.5%+14.5%+14.5%+13.8%
Depreciation232220220219210206204209
Interest22.7321.4118.7219.6419.2520.6616.9316.55
Profit before tax2,3611,9211,8411,6921,7772,1261,5651,497
Tax501503367417456420396389
Net profit1,8611,4181,4741,2751,3211,7061,1691,108
EPS (₹)92.9170.5372.9163.3065.3485.1758.0155.31
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue47,41140,92337,78934,15829,55130,95929,254
Revenue growth+15.9%+8.3%+10.6%+15.6%-4.6%+5.8%-
Other income1,4431,0448555725555581,503
Total expenses40,48535,13932,71930,06526,30626,90625,253
Employee cost2,8292,6802,6322,2501,9961,9511,889
EBITDA6,9265,7855,0694,0943,2464,0534,001
EBITDA margin+14.6%+14.1%+13.4%+12.0%+11.0%+13.1%+13.7%
Depreciation855825757697690715846
Interest78.2770.6576.3710553.1046.4146.64
Profit before tax7,4365,9345,0903,8643,0583,8494,611
Tax1,6601,5581,3481,064729913952
Net profit5,7454,1813,7732,7282,2442,7923,024
Net profit margin+12.1%+10.2%+10.0%+8.0%+7.6%+9.0%+10.3%
EPS (₹)286.94218.92187.34140.60115.96146.03182.13
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital40.0240.0039.9839.9739.9639.9639.95
Reserves & surplus21,57119,23217,65916,61615,80715,37614,366
Shareholders' funds (net worth)21,61119,27217,69916,65615,84715,41614,406
Minority interest200132136125148143141
Secured loans0.000.000.190.270.120.1244.02
Unsecured loans779700606567605584409
Total debt779700606568605584453
Total liabilities23,39620,74318,94217,74616,93616,46515,124
Assets
Gross block17,98117,18716,41515,76615,20014,82414,289
Net block6,3746,2836,2326,1596,1946,3806,473
Capital work in progress765487484454517495391
Investments19,28614,38412,75110,89110,52810,5828,359
Inventories2,6502,0131,7561,7561,4721,7891,282
Sundry debtors2,3403,3812,6302,7192,1582,2751,512
Cash & bank balances767574696423300396435
Loans & advances943829928865771685710
Total current assets6,7006,7986,0105,7634,7025,1453,940
Total current liabilities9,3456,9726,6415,6855,1646,1784,077
Net working capital(2,645)(174)(631)78.64(462)(1,033)(137)
Total assets23,39620,74318,94217,74616,93616,46515,124
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash384605226181275305208
Net cash from operating activities8,3154,2974,9232,6142,1044,1105,518
Net cash from investing activities(4,478)(1,703)(1,828)(421)(222)(2,289)(2,819)
Net cash from financing activities(3,534)(2,815)(2,717)(2,147)(1,975)(1,852)(2,602)
Net change in cash303(221)37945.28(93.60)(30.69)97.19
Closing cash767574696423300396435
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+15.9%+8.3%+10.6%+15.6%-4.6%+5.8%-
EBITDA growth+19.7%+14.1%+23.8%+26.1%-19.9%+1.3%-
PBT growth+25.3%+16.6%+31.8%+26.3%-20.6%-16.5%-9.7%
Net income growth+37.4%+10.8%+38.3%+21.6%-19.7%-7.7%-
Revenue CAGR (3Y)+11.6%+11.5%+6.9%+5.3%-4.5%-1.6%+0.7%
EBITDA CAGR (3Y)+19.2%+21.2%+7.7%+0.8%-13.5%-8.7%-4.4%
Profitability & leverage
Net income margin+12.2%+10.7%+9.9%+8.2%+7.9%+9.5%+12.5%
Return on capital employed+34.3%+30.5%+28.4%+23.1%+18.8%+24.9%+27.0%
Return on net worth+28.3%+23.7%+21.8%+17.2%+14.9%+19.7%+22.1%
Debt / equity0.040.040.030.040.040.030.03
Long-term debt / equity0.010.010.010.020.020.020.01
Interest cover1.291.421.773.092.081.391.48
Efficiency & per share
Fixed asset turnover2.702.442.352.211.972.132.22
Inventory turnover20.3321.7121.5221.1618.1220.1623.11
Debtors turnover16.5713.6214.1314.0113.3316.3513.74
EPS (₹)286.94218.92187.34140.60115.96146.03182.13
Dividend per share (₹)185.00165.00140.00100.0095.00105.0090.00
Book value per share (₹)1,080.02963.60885.39833.40793.13771.59721.22
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue14,68712,99912,79712,32812,1269,5799,93910,211
Revenue growth (YoY)+21.1%+35.7%+28.8%+20.7%+15.9%-5.6%--
Other income194441209296233304224318
Total expenses12,72011,27210,94110,63710,3038,1978,5238,734
EBITDA1,9681,7271,8561,6911,8231,3821,4161,476
EBITDA margin+13.4%+13.3%+14.5%+13.7%+15.0%+14.4%+14.2%+14.5%
Depreciation216205204204197193192197
Interest6.136.285.545.965.655.614.735.45
Profit before tax1,9391,9561,8551,7771,8541,4871,4421,592
Tax483501454428461361362389
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue46,83040,75637,45633,80629,24530,80128,836
Revenue growth+14.9%+8.8%+10.8%+15.6%-5.1%+6.8%-
Other income1,0411,0568935655575801,516
Total expenses40,07834,88932,36029,81925,87726,78124,938
Employee cost2,7102,5952,5622,1901,9351,8991,842
EBITDA6,7525,8685,0963,9863,3694,0193,898
EBITDA margin+14.4%+14.4%+13.6%+11.8%+11.5%+13.1%+13.5%
Depreciation798776711657650677818
Interest22.7619.9218.5019.8725.8021.8422.02
Profit before tax6,9726,1285,2583,8753,2503,9004,574
Tax1,7041,5181,290964777936940
Net profit5,2704,4163,9972,8262,4042,8403,019
Net profit margin+11.3%+10.8%+10.7%+8.4%+8.2%+9.2%+10.5%
EPS (₹)263.28230.50198.50145.64123.77148.36181.89
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital40.0240.0039.9839.9739.9639.9639.95
Reserves & surplus21,53819,76717,94616,66515,74315,15814,096
Shareholders' funds (net worth)21,57819,80717,98616,70515,78315,19814,136
Secured loans0.000.000.000.000.000.000.00
Unsecured loans190163138156168150150
Total debt190163138156168150150
Total liabilities22,56620,60318,61917,25616,28415,66614,409
Assets
Gross block17,21616,53815,78615,19414,66614,32413,865
Net block5,9665,9015,8345,7615,8065,9886,117
Capital work in progress744492481464458437341
Investments19,39714,91013,08611,01010,65210,5008,223
Inventories1,8581,4581,4441,4341,1231,4701,092
Sundry debtors2,5933,6742,7032,7982,3042,4271,603
Cash & bank balances604353609346175257242
Loans & advances884741765821675608657
Total current assets5,9396,2265,5225,3994,2774,7613,594
Total current liabilities9,0956,8086,5185,6025,0476,0913,948
Net working capital(3,156)(582)(997)(203)(769)(1,329)(354)
Total assets22,56620,60318,61917,25616,28415,66614,409
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash28954016898.6816914840.68
Net cash from operating activities8,3154,1824,9072,5792,0204,1735,410
Net cash from investing activities(4,505)(1,586)(1,802)(469)(152)(2,210)(2,883)
Net cash from financing activities(3,567)(2,847)(2,733)(2,041)(1,939)(1,941)(2,420)
Net change in cash243(251)37269.69(70.54)21.31107
Closing cash604353609346175257242
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+14.9%+8.8%+10.8%+15.6%-5.1%+6.8%-
EBITDA growth+15.1%+15.2%+27.8%+18.3%-16.2%+3.1%-
PBT growth+13.8%+16.5%+35.7%+19.2%-16.7%-14.7%-8.7%
Net income growth+19.4%+10.5%+41.5%+17.6%-15.4%-5.9%-
Revenue CAGR (3Y)+11.5%+11.7%+6.7%+5.4%-4.6%-1.5%+0.4%
EBITDA CAGR (3Y)+19.2%+20.3%+8.2%+0.8%-11.9%-8.7%-5.6%
Profitability & leverage
Net income margin+11.3%+11.3%+10.6%+8.6%+8.5%+9.6%+12.6%
Return on capital employed+32.4%+31.4%+29.4%+23.2%+20.5%+26.1%+27.7%
Return on net worth+25.5%+24.4%+22.9%+17.9%+16.0%+20.2%+22.4%
Debt / equity0.010.010.010.010.010.010.01
Long-term debt / equity0.010.010.010.010.010.010.00
Interest cover0.380.390.420.600.950.650.71
Efficiency & per share
Fixed asset turnover2.772.522.422.262.022.192.26
Inventory turnover28.2528.0926.0326.4422.5624.0526.65
Debtors turnover14.9412.7813.6213.2512.3615.2913.03
EPS (₹)263.28230.50198.50145.64123.77148.36181.89
Dividend per share (₹)185.00165.00140.00100.0095.00105.0090.00
Book value per share (₹)1,078.37990.34899.76835.88789.94760.68707.70

To see the full year-wise statements and ratios of Hero Motocorp Limited, buy the company report.

Board of directors of Hero Motocorp Limited

Hero Motocorp has 10 current directors and 32 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pradeep Dinodia
Also directs: Hero Fincorp Limited, S R Dinodia & Co LLP, SPR Auto Technologies Limited and 2 more
Director31 Mar 200125 Years 7 MonthsCurrent
Birender Singh Dhanoa
Also directs: HMC MM Auto Limited, Interglobe Aviation Limited
Director01 Oct 20206 Years 1 MonthsCurrent
Camille Miki TangDirector19 Nov 20214 Years 11 MonthsCurrent
Suman Kant Munjal
Also directs: Survam Partners LLP, Ludhiana Angels Network LLP, Rockman Advanced Composites Private Limited and 5 more
Director29 Jul 201016 Years 3 MonthsCurrent
Tina Trikha
Also directs: SPR Auto Technologies Limited, SCP India Advisors LLP, Oberoi Realty Limited and 1 more
Director23 Oct 20197 Years 0 MonthsCurrent
Vikram Sitaram Kasbekar
Also directs: HMC MM Auto Limited
Whole-Time Director08 Aug 201610 Years 2 MonthsCurrent
Showing 6 of 10 current directors. View all directors

Peer comparison

Hero Motocorp Limited is compared with the 5 companies closest to it by revenue in the Automobiles industry (Two and Three Wheelers), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Bajaj Auto Limited.₹52,469 Cr (FY 2025)13.0%Pune, Maharashtra, India
Hero Motocorp Limitedthis company₹47,411 Cr (FY 2026)₹5,744.56 Cr12.1%15.9%14,072New Delhi, Delhi, India
TVS Motor Company Limited₹44,159 Cr (FY 2025)14.0%Chennai, Tamil Nadu, India
Honda Motorcycle and Scooter India Pvt Ltd₹39,970 Cr (FY 2025)23.0%Manesar, Haryana, India
Eicher Motors Limited₹20,175 Cr (FY 2025)15.0%New Delhi, Delhi, India
Suzuki Motorcycle India Private Limited₹10,041 Cr (FY 2025)13.0%Gurgaon, Haryana, India

To see the full peer comparison of Hero Motocorp Limited, buy the company report.

Auditor

Hero Motocorp Limited is audited by B S R & Co. LLP for the financial year 2022.

Auditor firmFinancial yearFirm registration number
B S R & Co. LLPFY 2022101248W/W-100022

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 34.70%, foreign institutional investors hold 31.10%, domestic institutional investors hold 24.30% and retail and other public shareholders hold 9.90%.

Promoters: 34.70%DII (Domestic Institutional): 24.30%FII (Foreign Institutional): 31.10%Retail & Others: 9.90%
Sep 2026
QUARTER
34.70% Promoters
24.30% DII (Domestic Institutional)
31.10% FII (Foreign Institutional)
9.90% Retail & Others
Promoter holding - history
Now 34.70% · Sep 2026High 34.70% · Dec 2025Low 34.70% · Dec 2025
33%33.8%34.5%35.3%36%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 34.70%Mar 2026: 34.70%Jun 2026: 34.70%Sep 2026: 34.70%34.70%34.70%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters34.70%34.70%34.70%34.70%
Public65.30%65.30%65.30%65.30%

Charges & borrowings

Open charges
None
Satisfied charges
₹3,892.3 Cr
Breakdown by lending institutions
Idbi Trusteeship Services Limited₹1,000.00 Cr
Il & Fs Trust Company Limited₹1,000.00 Cr
Axis Trustee Services Limited₹925.00 Cr
Bank of America N.A₹425.00 Cr
Icici Bank Limited₹300.00 Cr
Others₹242.30 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
01 Mar 201110272019Idbi Trusteeship Services Limited₹1,000 CrSatisfied
01 Mar 201110272023Il & Fs Trust Company Limited₹1,000 CrSatisfied
01 Mar 201110274095Axis Trustee Services Limited₹900 CrSatisfied
29 Dec 201010256974Axis Trustee Services Limited₹25 CrSatisfied
07 Dec 201010251863Bank of America N.A₹425 CrSatisfied

To see the full charge records of Hero Motocorp Limited, buy the company report.

Total charge records: 19 View all charges

Deals & funding

Hero Motocorp Limited has 69 deals on record (53 market trades, 15 secondary share transfers, 1 funding round); the latest was in September 2025.

Total deals
69
Market trades
53
Secondary share transfers
15
Funding round
1

Deals on record (5 of 69)

WhenDealAmountParties
Mar 2017Secondary share transferUndisclosedBuyer: Stichting Depository APG Emerging Markets Equity Poo, 3 individuals
Seller: ABERDEEN EMERGING MARKETS FUND, GIC Singapore, ABERDEEN GLOBAL-EMERGING MARKETS EQUITY FUND
Mar 2017Market trade₹2,996.33 CrBuyer: Bahadur Chand Investments Private Limited
Seller: an individual
Mar 2017Market trade₹2,996.33 CrBuyer: Bahadur Chand Investments Private Limited
Seller: an individual
Aug 2016Market trade₹1,910 CrBuyer: Bahadur Chand Investments Private Limited
Seller: an individual
Aug 2016Market trade₹1,910 CrBuyer: Bahadur Chand Investments Private Limited , Hero Investcorp Private Limited
Seller: an individual

To see the full deal history of Hero Motocorp Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Hero Motocorp Limited was last rated by Icra on 01 Oct 2021.

Rating agencyRated onRating
Icra01 Oct 2021

To see the full credit ratings and regulatory alerts of Hero Motocorp Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Hero Motocorp Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Hero Motocorp has 1 subsidiary company and 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
2
Associated companies
Key subsidiaries
Company NameCINShares held
HMC MM Auto LimitedU35923DL2013PLC260142

To see the full group structure of Hero Motocorp Limited, buy the company report.

Employees & EPFO

Hero Motocorp Limited has a workforce of 14,072 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
14,072
Active EPFO establishments
1
Employee growth
0.09%

GST

Hero Motocorp has 27 GST registrations: 16 active and 11 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
27
Active
16
Cancelled / inactive
11
GSTINStateStatusRegistered on
07AAACH0812J1ZYDelhiActive01 Jul 2017
07AAACH0812J2ZXDelhiActive12 Jul 2017
04AAACH0812J1Z4ChandigarhActive01 Jul 2017
06AAACH0812J1Z0HaryanaActive01 Jul 2017

To see the full GST registrations and return filing status of Hero Motocorp Limited, buy the company report.

Recent activity

Hero Motocorp Limited has 71 board changes on record since 1984: 41 appointments and 30 cessations. The latest: Niranjan Kumar Gupta ceased to be CEO on 30 Apr 2025.

AGM
Hero Motocorp Limited last Annual general meeting of members was held on 05 Aug 2026 as per latest MCA records.
Filing
Hero Motocorp Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Delhi I.
Ceased
Niranjan Kumar Gupta ceased to be CEO.
Appointed
Vivek Anand was appointed as CFO.
Ceased
Meleveetil Damodaran ceased to be Director.
Ceased
Neerja Sharma ceased to be Nodal Officer.
Appointed
Rajnish Kumar was appointed as Director.
Appointed
Vasudha Dinodia was appointed as Director.
Appointed
Camille Miki Tang was appointed as Director.
Ceased
Paul Bradford Edgerley ceased to be Director.
Appointed
Birender Singh Dhanoa was appointed as Director.
Ceased
Shobana Kamineni ceased to be Director.

106 earlier events are in the company report.

News

Hero Motocorp: Co Will Launch 3 - 4 Premium 2 Wheelers In Oct - March
29 Oct 2026 · Exchange Update
Hero Motocorp: Projects Over 50% Growth in ICE Scooters, Backed by 160-Basis-Point Market Share Increase This Year.
29 Oct 2026 · Exchange Update
Hero Motocorp: Co's Market Share Increases To 13.5% - 14% This October As Production Capacity Expands From 30,000 To 45,000 Units
29 Oct 2026 · Exchange Update
Hero Motocorp: Co Expect Mid To High Single Digit Growth In Sales Oct - March
29 Oct 2026 · Exchange Update
Hero Motocorp: Expects EBITDA Margins to Hit 14-16% in Upcoming Quarters as Commodity Prices Stabilize.
29 Oct 2026 · Exchange Update
HERO MOTOCORP: CO APPROVES ADDITIONAL INVESTMENT OF UP TO 3B RUPEES IN HMCL NETHERLANDS B.V.
28 Oct 2026 · Exchange Update

From our blog

Frequently asked questions

Hero Motocorp is an active public limited company based in New Delhi, Delhi, India. The company works in motorcycles and scooters, within the automotive industry. It was incorporated on 19 January 1984 (42+ years old) and is registered under CIN L35911DL1984PLC017354. Listed on BSE: 500182 and NSE: HEROMOTOCO.

Hero Motocorp reported revenue of ₹47,411 Cr for FY 2025-26 (up 15.9% YoY) based on consolidated financials.

Hero Motocorp has 10 current directors:

The latest financial statements of Hero Motocorp on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 05 August 2026. Year-wise statements from 2015 are in the company report.

The GSTIN of Hero Motocorp is 07AAACH0812J1ZY, registered in Delhi. The company has 27 GST registrations in all, of which 16 are active and 11 are cancelled or inactive. Other active GSTINs include 07AAACH0812J2ZX (Delhi), 04AAACH0812J1Z4 (Chandigarh), 06AAACH0812J1Z0 (Haryana).

The CIN (Corporate Identification Number) of Hero Motocorp is L35911DL1984PLC017354. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Hero Motocorp is a listed company as per MCA records. Its shares are listed on both BSE (code: 500182) and NSE (symbol: HEROMOTOCO).

Hero Motocorp has 1,179 court cases on record: 413 filed by the company and 767 filed against it. 283 are pending. Most are in the district courts.

Hero Motocorp was incorporated on 19 January 1984, making it 42+ years old. It is registered with the Registrar of Companies, Delhi.

Hero Motocorp has 69 deals on record (53 market trades, 15 secondary share transfers, 1 funding round); the latest was in September 2025.

The peers of Hero Motocorp by revenue are Bajaj Auto Limited, TVS Motor Company Limited, Honda Motorcycle and Scooter India Pvt Ltd, Eicher Motors Limited, Suzuki Motorcycle India Private Limited, all in the Automobiles industry (Two and Three Wheelers), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles).