Hero MotoCorp Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	-	3,836	6,049	2,263	1,810	2,746
Short-Term Investments	-	6,815	2,112	2,135	510.5	545.5
Trading Asset Securities	-	61,227	41,582	35,956	58,193	61,708
Cash & Short-Term Investments	107,946	71,878	49,743	40,354	60,513	65,000
Cash Growth	43.80%	44.50%	23.27%	-33.31%	-6.90%	29.63%
Accounts Receivable	-	34,347	28,606	32,242	25,536	22,747
Other Receivables	-	3,062	2,032	721.7	1,066	3,824
Receivables	-	37,680	30,884	33,201	26,830	26,800
Inventory	-	20,133	17,559	17,564	14,724	17,893
Prepaid Expenses	-	1,020	759.7	515.5	710.5	477.3
Other Current Assets	-	3,628	4,209	2,719	2,944	3,535
Total Current Assets	-	134,339	103,155	94,353	105,722	113,705
Property, Plant & Equipment	-	58,079	58,157	57,628	60,214	62,983
Long-Term Investments	-	77,483	84,462	72,191	46,576	43,563
Other Intangible Assets	-	9,623	9,006	8,501	6,894	5,772
Long-Term Accounts Receivable	-	-	1,500	1,682	-	-
Other Long-Term Assets	-	4,131	5,038	4,617	5,204	4,771
Total Assets	-	283,903	261,528	239,170	224,784	230,961
Accounts Payable	-	56,997	56,229	47,601	43,431	52,642
Accrued Expenses	-	140.1	101.5	120.7	100.4	85.2
Short-Term Debt	-	4,568	3,434	2,665	2,965	2,852
Current Portion of Long-Term Debt	-	-	200.8	266.7	207.8	116.9
Current Portion of Leases	-	469.6	438.5	346.3	361.8	295.7
Current Unearned Revenue	-	4,272	3,002	3,012	3,214	3,325
Other Current Liabilities	-	8,314	7,078	6,114	4,896	5,729
Total Current Liabilities	-	74,760	70,484	60,126	55,176	65,045
Long-Term Debt	-	-	-	200.9	361.7	451.8
Long-Term Leases	-	1,962	1,991	2,197	2,155	2,124
Pension & Post-Retirement Benefits	-	162.1	161.7	149	98.3	96.4
Long-Term Deferred Tax Liabilities	-	6,749	5,701	4,858	3,782	4,527
Other Long-Term Liabilities	-	6,229	4,844	3,833	3,263	3,120
Total Liabilities	-	89,862	83,182	71,364	64,837	75,365
Common Stock	-	400	399.8	399.7	399.6	399.6
Additional Paid-In Capital	-	976.9	733.6	492.2	411.2	314.9
Retained Earnings	-	191,045	175,469	165,391	157,364	153,250
Comprehensive Income & Other	-	298.2	387.3	272.5	291.8	199.3
Total Common Equity	210,050	192,720	176,989	166,556	158,467	154,164
Minority Interest	-	1,321	1,357	1,251	1,481	1,432
Shareholders' Equity	211,498	194,041	178,346	167,806	159,947	155,596
Total Liabilities & Equity	-	283,903	261,528	239,170	224,784	230,961
Total Debt	7,181	6,999	6,064	5,675	6,052	5,840
Net Cash (Debt)	100,765	64,879	43,679	34,679	54,462	59,159
Net Cash Growth	45.65%	48.54%	25.95%	-36.32%	-7.94%	29.70%
Net Cash Per Share	503.39	324.04	218.15	173.38	272.50	296.11
Filing Date Shares Outstanding	200.06	200.01	199.92	199.84	199.81	199.78
Total Common Shares Outstanding	200.06	200.01	199.92	199.84	199.81	199.78
Working Capital	-	59,579	32,671	34,227	50,546	48,660
Book Value Per Share	1049.69	963.55	885.29	833.45	793.08	771.67
Tangible Book Value	200,241	183,098	167,984	158,055	151,573	148,392
Tangible Book Value Per Share	1000.68	915.44	840.25	790.91	758.58	742.78
Land	-	1,748	1,749	1,750	1,752	1,865
Buildings	-	31,805	31,219	30,361	30,723	29,873
Machinery	-	83,437	78,777	74,421	71,001	68,933
Construction In Progress	-	1,054	1,272	1,221	1,491	2,364

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.