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Investor Presentation

Hero MotoCorp Investor Presentation: Key Takeaways

Hero MotoCorp reported strong Q1 FY27 results with 36% revenue growth, driven by 23% volume expansion and market share gains in 100cc and 125cc segments.

Highlights
Revenue growth36% YoY growth driven by volumes and pricing.
Margins13.3% EBITDA margin; impacted by commodity costs, helped by PLI.
Demand visibilityStrong retail momentum in 100cc and ICE/EV scooters.
Management confidenceHigh, 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)
Source

Investor Presentation filed with NSE, NSE: HEROMOTOCO. Summary written with AI assistance from the document.

Read the document ↗

Hero MotoCorp Ltd: key numbers

Share price
₹5,360.00
Market cap
₹1,07,276 Cr
Revenue (annual)
₹47,411 Cr
Net profit (annual)
₹5,742 Cr
P/E (TTM)
19.7×Sector 33.6×
Promoter holding
34.73%+0.00% QoQ
FII holding
31.09%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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