Hero MotoCorp Limited (NSE:HEROMOTOCO)

Hero MotoCorp Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	10,981	6,867	3,836	6,049	2,263	1,810
Short-Term Investments	87,796	3,521	6,815	2,112	2,135	510.5
Trading Asset Securities	-	119,024	61,227	41,582	35,956	58,193
Cash & Short-Term Investments	98,777	129,413	71,878	49,743	40,354	60,513
Cash Growth	-8.49%	80.05%	44.50%	23.27%	-33.31%	-6.90%
Accounts Receivable	32,477	23,927	34,347	28,606	32,242	25,536
Other Receivables	-	783.5	3,062	2,032	721.7	1,066
Receivables	32,753	24,990	37,680	30,884	33,201	26,830
Inventory	30,762	26,501	20,133	17,559	17,564	14,724
Prepaid Expenses	-	617.8	1,020	759.7	515.5	710.5
Other Current Assets	12,544	7,524	3,628	4,209	2,719	2,944
Total Current Assets	174,836	189,045	134,339	103,155	94,353	105,722
Property, Plant & Equipment	67,388	60,726	58,079	58,157	57,628	60,214
Long-Term Investments	122,248	70,815	77,483	84,462	72,191	46,576
Other Intangible Assets	11,021	10,659	9,623	9,006	8,501	6,894
Long-Term Accounts Receivable	-	-	-	1,500	1,682	-
Other Long-Term Assets	4,949	2,995	4,131	5,038	4,617	5,204
Total Assets	380,711	334,526	283,903	261,528	239,170	224,784

Liabilities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	95,536	76,763	56,997	56,229	47,601	43,431
Accrued Expenses	-	181.2	140.1	101.5	120.7	100.4
Short-Term Debt	5,890	4,986	4,568	3,434	2,665	2,965
Current Portion of Long-Term Debt	-	-	-	200.8	266.7	207.8
Current Portion of Leases	1,047	610	469.6	438.5	346.3	361.8
Current Income Taxes Payable	2,771	1,394	-	-	-	-
Current Unearned Revenue	-	6,148	4,272	3,002	3,012	3,214
Other Current Liabilities	16,392	8,962	8,314	7,078	6,114	4,896
Total Current Liabilities	121,635	99,043	74,760	70,484	60,126	55,176
Long-Term Debt	-	-	-	-	200.9	361.7
Long-Term Leases	7,251	2,191	1,962	1,991	2,197	2,155
Pension & Post-Retirement Benefits	-	209.3	162.1	161.7	149	98.3
Long-Term Deferred Tax Liabilities	7,069	7,115	6,749	5,701	4,858	3,782
Other Long-Term Liabilities	8,558	7,858	6,229	4,844	3,833	3,263
Total Liabilities	144,513	116,416	89,862	83,182	71,364	64,837

Shareholders' Equity

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Common Stock	400.3	400.2	400	399.8	399.7	399.6
Additional Paid-In Capital	-	1,190	976.9	733.6	492.2	411.2
Retained Earnings	-	213,956	191,045	175,469	165,391	157,364
Comprehensive Income & Other	233,691	565.7	298.2	387.3	272.5	291.8
Total Common Equity	234,091	216,112	192,720	176,989	166,556	158,467
Minority Interest	2,107	1,998	1,321	1,357	1,251	1,481
Shareholders' Equity	236,198	218,110	194,041	178,346	167,806	159,947
Total Liabilities & Equity	380,711	334,526	283,903	261,528	239,170	224,784

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Total Debt	14,188	7,786	6,999	6,064	5,675	6,052
Net Cash (Debt)	84,589	121,627	64,879	43,679	34,679	54,462
Net Cash Growth	-16.05%	87.47%	48.54%	25.95%	-36.32%	-7.94%
Net Cash Per Share	422.37	607.36	324.04	218.15	173.38	272.50
Filing Date Shares Outstanding	200.16	200.09	200.01	199.92	199.84	199.81
Total Common Shares Outstanding	200.16	200.09	200.01	199.92	199.84	199.81
Working Capital	53,200	90,002	59,579	32,671	34,227	50,546
Book Value Per Share	1169.49	1080.07	963.55	885.29	833.45	793.08
Tangible Book Value	223,070	205,453	183,098	167,984	158,055	151,573
Tangible Book Value Per Share	1114.43	1026.80	915.44	840.25	790.91	758.58
Land	-	1,530	1,748	1,749	1,750	1,752
Buildings	-	32,304	31,805	31,219	30,361	30,723
Machinery	-	89,038	83,437	78,777	74,421	71,001
Construction In Progress	-	2,447	1,054	1,272	1,221	1,491

Data Source: S&P Global Market Intelligence Last updated: Oct 28, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 29, 2026

Data Sources Report a data error