Hero Motors Limited (NSE:HEROMOTORS)
India · Delayed Price · Currency is INR 98.40
+14.40 (17.14%)
At close: Sep 23, 2026
Hero Motors Income Statement
Financials in millions INR. Fiscal year is April - March.
Millions INR. Fiscal year is Apr - Mar.
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Operating Revenue | 11,884 | 10,896 | 10,644 | 10,519 | 9,040 |
Revenue | 11,884 | 10,896 | 10,644 | 10,519 | 9,040 |
Revenue Growth | 9.06% | 2.37% | 1.18% | 16.37% | 447.17% |
Cost of Revenue | 7,091 | 6,536 | 6,603 | 7,238 | 6,346 |
Gross Profit | 4,793 | 4,360 | 4,041 | 3,282 | 2,694 |
Selling, General & Admin | 1,676 | 1,741 | 1,834 | 927.03 | 552.01 |
Other Operating Expenses | 1,905 | 1,695 | 1,539 | 1,486 | 1,203 |
Operating Expenses | 4,040 | 3,816 | 3,658 | 2,589 | 1,914 |
Operating Income | 752.6 | 544.24 | 382.31 | 692.54 | 780.37 |
Interest Expense | -300.86 | -266.32 | -230.01 | -184.13 | -130.17 |
Interest & Investment Income | 39.94 | 47.43 | 96.76 | 68.15 | 13.01 |
Earnings From Equity Investments | - | - | - | -16.25 | - |
Currency Exchange Gain (Loss) | 192.88 | 120.49 | -5.2 | 64.44 | 38.95 |
Other Non Operating Income (Expenses) | -57.97 | -61.14 | -21.04 | -42.97 | -1.42 |
EBT Excluding Unusual Items | 626.57 | 384.71 | 222.82 | 581.79 | 700.75 |
Gain (Loss) on Sale of Investments | 1.5 | 4.92 | 8.73 | 12.75 | - |
Gain (Loss) on Sale of Assets | 1.61 | 1.15 | 1.08 | -1.79 | -0.15 |
Asset Writedown | - | - | 10.51 | - | - |
Other Unusual Items | -19.59 | - | - | - | 657.41 |
Pretax Income | 610.09 | 390.78 | 243.14 | 592.75 | 1,358 |
Income Tax Expense | 198.35 | 62.8 | 72.78 | 113.36 | 380.8 |
Earnings From Continuing Operations | 411.74 | 327.98 | 170.36 | 479.38 | 977.2 |
Minority Interest in Earnings | 24 | -75.96 | -36.18 | 1.07 | - |
Net Income | 435.74 | 252.02 | 134.18 | 480.45 | 977.2 |
Net Income to Common | 435.74 | 252.02 | 134.18 | 480.45 | 977.2 |
Net Income Growth | 72.90% | 87.81% | -72.07% | -50.83% | - |
Shares Outstanding (Basic) | 379 | 378 | 375 | 125 | 35 |
Shares Outstanding (Diluted) | 383 | 383 | 383 | 133 | 35 |
Shares Change | 0.20% | -0.05% | 188.71% | 283.13% | 14.86% |
EPS (Basic) | 1.15 | 0.67 | 0.36 | 3.86 | 28.25 |
EPS (Diluted) | 1.14 | 0.66 | 0.35 | 3.62 | 28.25 |
EPS Growth | 72.73% | 88.57% | -90.34% | -87.17% | - |
Additional Metrics
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Free Cash Flow | 517.22 | -1,052 | -43.38 | -795.09 | 198.7 |
Free Cash Flow Per Share | 1.35 | -2.75 | -0.11 | -6.00 | 5.74 |
Dividend Per Share | - | - | 0.250 | - | - |
Dividend Growth | - | - | - | - | - |
Gross Margin | 40.33% | 40.01% | 37.96% | 31.20% | 29.80% |
Operating Margin | 6.33% | 5.00% | 3.59% | 6.58% | 8.63% |
Profit Margin | 3.67% | 2.31% | 1.26% | 4.57% | 10.81% |
Free Cash Flow Margin | 4.35% | -9.66% | -0.41% | -7.56% | 2.20% |
EBITDA | 1,094 | 851.58 | 609.61 | 851.84 | 937.73 |
EBITDA Margin | 9.21% | 7.82% | 5.73% | 8.10% | 10.37% |
D&A For EBITDA | 341.52 | 307.34 | 227.3 | 159.29 | 157.36 |
EBIT | 752.6 | 544.24 | 382.31 | 692.54 | 780.37 |
EBIT Margin | 6.33% | 5.00% | 3.59% | 6.58% | 8.63% |
Effective Tax Rate | 32.51% | 16.07% | 29.93% | 19.13% | 28.04% |
Revenue as Reported | 12,167 | 11,112 | 10,834 | 10,669 | 9,103 |