| Revenue growth | 36% YoY growth in operations. |
|---|---|
| Margins | EBITDA margin at 13.3%; aim to neutralize inflation via mix/LEAP. |
| Order book | Nil channel inventory for VIDA; supply retailed immediately. |
| Demand visibility | Strong retail growth; July retail up 28% YoY. |
| Management confidence | High; citing market share gains in scooters and premium segments. |
Growth
Revenue grew 36% YoY, outstripping 23% volume growth. ICE business grew 21% while EV (VIDA) volumes surged 151% YoY.
Outlook
Medium-term EBITDA margin target set at 14%-16%. EV capacity tripling to 45,000 units/month by FY27 end.
Risks
Gross margins contracted 300 bps QoQ due to 4.5% commodity inflation and geopolitical conflicts in West Asia.
Last quarter's promises, checked
Delivered
- Guided capacity expansion → delivered EV volumes up 151% (= BEAT)
- Guided scooter share gains → delivered ICE scooters up 87% (= BEAT)
- Guided export expansion → delivered exports up 60% (= BEAT)
Partly delivered
- Guided inflation mitigation → delivered 4.5% price hike vs 300bps margin drop (= PARTIAL)
Missed
- Guided 14%-16% margin maintenance → delivered 13.3% (= MISS)
Earnings Call Transcript filed with BSE, NSE: HEROMOTOCO. Summary written with AI assistance from 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.
More from Hero MotoCorp Ltd
All →Hero MotoCorp Other Announcement
Hero MotoCorp has received an independently assigned ESG score of 74 from an external rating agency. The company did not commission or engage this rating assessment.
Hero MotoCorp Legal & Regulatory
Hero MotoCorp disclosed a Rs. 4.80 crore ESIC lien on its bank accounts, now paid. The Company is appealing, deeming the order unsustainable.
- Value
- ₹4.80 Cr
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.
Hero MotoCorp Q1 FY27 Results: Net Profit ₹1,418 Cr, Down 16.9% YoY
Hero MotoCorp Ltd reported revenue from operations of ₹13,126 Cr (+34.9% YoY) and net profit of ₹1,418 Cr (-16.9% YoY) for Q1 FY27.
- Key figure
- Net profit ₹1,418 Cr · -16.9% YoY
Hero MotoCorp Earnings Call: Key Takeaways
Hero MotoCorp reported record Q4 FY26 revenue of ₹12,797cr (up 29% YoY) and PAT of ₹1,401cr (up 30% YoY).
Hero MotoCorp Q4 FY26 Results: Net Profit ₹1,474 Cr, Up 26.1% YoY
Hero MotoCorp Ltd reported revenue from operations of ₹12,978 Cr (+30.2% YoY) and net profit of ₹1,474 Cr (+26.1% YoY) for Q4 FY26.
- Key figure
- Net profit ₹1,474 Cr · +26.1% YoY