ALFA Finder| Revenue growth | 36% YoY growth driven by volumes and pricing. |
|---|---|
| Margins | 13.3% EBITDA margin; impacted by commodity costs, helped by PLI. |
| Demand visibility | Strong retail momentum in 100cc and ICE/EV scooters. |
| Management confidence | High, citing record market shares and portfolio expansion. |
Growth
Revenue reached ₹12,999 Cr (+36% YoY). EBITDA grew 25% to ₹1,727 Cr. PAT rose 29% to ₹1,454 Cr.
Outlook
FY27 Capex guidance of ₹1,500 Cr. Plans for multiple premium launches and doubling EV capacity by Dec-26.
Risks
EBITDA margin at 13.3% was impacted by commodity headwinds, partially offset by cost savings.
Last quarter's promises, checked
Delivered
- Guided doubling EV capacity by month-end → delivered 25k units (+50% expansion) (= BEAT)
- Guided doubling Xoom capacity in Q1 → delivered 107% scooter dispatch growth (= BEAT)
- Guided 14-16% medium-term margin → delivered 17% ICE EBITDA margin (= BEAT)
Partly delivered
- Guided ₹1,500 Cr FY27 Capex → on track with GPC 2.0 and Neemrana investments (= PARTIAL)
Missed
- Guided overall EBITDA margin 14-16% → delivered 13.3% (= MISS)
Investor Presentation filed with NSE, NSE: HEROMOTOCO. Summary written with AI assistance from the document.
Hero MotoCorp Ltd: key numbers
- Share price
- ₹5,352.00
- Market cap
- ₹1,07,127 Cr
- Revenue (annual)
- ₹47,411 Cr
- Net profit (annual)
- ₹5,742 Cr
- P/E (TTM)
- 17.9×Sector 32.5×
- Promoter holding
- 34.72%-0.01% QoQ
- FII holding
- 32.22%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Hero MotoCorp Ltd
All →Hero MotoCorp Product Launch
Hero MotoCorp unveiled new motorcycles at EICMA 2026 and started VIDA customer deliveries across Europe. The company also introduced Novus Labs, its future-mobility innovation hub.
Hero MotoCorp Merger & Restructuring
Hero MotoCorp incorporated a wholly-owned CSR subsidiary under Section 8 of the Companies Act on October 29, 2026. The entity 'Hero MotoCorp Foundation' will undertake CSR initiatives.
Hero MotoCorp Business Update
Hero MotoCorp updated its code of practices for fair disclosure of unpublished price-sensitive information, effective 28 October 2026. The revised code governs disclosure, spokespersons and analyst interactions.
Hero MotoCorp Investor Presentation: Key Takeaways
Q2 FY27 revenue ₹14,687 Cr (+21% YoY), PAT ₹1,456 Cr (+5%), EBITDA margin 13.4%. Growth driven by volume, mix and pricing; scooter and EV momentum continues.
Hero MotoCorp Capital Structure Change
Hero MotoCorp's board approved up to ₹300 Crore additional investment in wholly-owned subsidiary HMCL Netherlands B.V., in tranches over two years. Quarterly results were also approved.
- Value
- ₹300.0 Cr
- Execution
- 2 years, in one or more tranches
Hero MotoCorp Financial Results
Hero MotoCorp reported Q2 FY'27 consolidated revenue of Rs 14,971 Crore and PAT of Rs 1,861 Crore. It also approved up to Rs 300 Crore additional investment in a subsidiary.