Hero MotoCorp Limited (NSE:HEROMOTOCO)
India flag India · Delayed Price · Currency is INR
5,105.00
-217.50 (-4.09%)
Oct 29, 2026, 3:29 PM IST

Hero MotoCorp Financials Overview

Millions INR. Fiscal year is Apr - Mar.

Revenue & Profits

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Revenue
535,620474,112409,234377,886341,584295,513
Revenue Growth
27.00%15.85%8.30%10.63%15.59%-4.55%
Gross Profit
162,625155,120138,132121,070100,59784,839
Operating Income
66,34362,03951,63245,85634,48627,781
Net Income
60,01257,41743,78537,44828,10023,169
Earnings Per Share
299.65286.72218.69187.04140.49115.93
EPS Growth
13.53%31.11%16.92%33.13%21.19%-20.62%

Revenue by Geography

Fiscal Year
FY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '25 Mar '24 Mar '23 Mar '22
India
415,025372,180360,055326,698276,174
Outside India
59,08737,05517,83114,88519,339
Total
474,112409,234377,886341,584295,513

Cash & Debt

Fiscal Year
CurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Cash & Investments
98,777129,41371,87849,74340,35460,513
Total Debt
14,1887,7866,9996,0645,6756,052
Net Cash (Debt)
84,589121,62764,87943,67934,67954,462
Net Cash Growth
-16.05%87.47%48.54%25.95%-36.32%-7.94%
Net Cash Per Share
422.37607.36324.04218.15173.38272.50

Cash Flow & CapEx

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Operating Cash Flow
79,60783,14642,97449,23126,13821,037
Capital Expenditures
-13,263-11,001-8,566-7,879-6,043-5,697
Free Cash Flow
66,34472,14534,40841,35220,09615,340
Free Cash Flow Growth
59.27%109.68%-16.79%105.77%31.00%-56.54%

Margins

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Gross Margin
30.36%32.72%33.75%32.04%29.45%28.71%
Operating Margin
12.39%13.08%12.62%12.13%10.10%9.40%
Pretax Margin
14.59%15.68%14.50%13.47%11.31%10.35%
Profit Margin
11.20%12.11%10.70%9.91%8.23%7.84%
FCF Margin
12.39%15.22%8.41%10.94%5.88%5.19%

Dividends

Fiscal Year
CurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingOct '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Dividend Per Share
185.000185.000165.000115.000100.00095.000
Dividend Per Share Growth
12.12%12.12%43.48%15.00%5.26%5.56%
Dividend Yield
3.62%3.66%4.43%2.44%4.26%4.14%

Valuation

Fiscal Year
CurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingOct '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
PE Ratio
17.0417.6317.0025.1816.6919.81
P/FCF Ratio
15.4014.0421.6422.8123.3429.92
PS Ratio
1.912.141.822.501.371.55