Hero MotoCorp Limited

Hero MotoCorp Limited (HEROMOTOCO) is a large-cap Automobile and Auto Components company valued at ₹1.05 lakh crore operating in 2/3 Wheelers on the NSE and BSE.

Recent price move

Hero MotoCorp Limited last traded at ₹5,225, modestly up 0.29% on the day.

Recent developments

On 2026-10-01, Hero MotoCorp reported a 64% surge in scooter dispatches for September, driven by strong domestic demand, though exports declined 31%. The same day, TVS Motor and Hero MotoCorp both beat September sales estimates, supported by rising EV sales. On 2026-09-02, Hero MotoCorp shares fell 5% as retail data showed a 9.45% drop in August registrations, despite record dispatch numbers.

Financial performance

Hero MotoCorp's business is improving, with annual revenue rising 15.9% and net profit growing 32.0% year-over-year. However, the latest quarter saw net profit fall 16.9% compared to the same quarter a year earlier, while revenue rose 34.9%, indicating a widening gap between revenue growth and profit performance.

Valuation multiples

The stock trades at 18.2 times earnings, 4.89 times book value. It yields 3.5%.

Things to watch

Hero MotoCorp's retail sales fell 9.45% in August, which could signal weakening demand in the key domestic market. The stock is 23.4% below its 52-week high, and net profit in the latest quarter dropped 16.9% compared to the same quarter a year earlier, despite strong revenue growth.

Where it stands

Hero MotoCorp's latest quarter showed strong revenue growth but weaker profit performance, with net profit falling 16.9% compared to the same quarter a year earlier. The stock is 23.4% below its 52-week high, and retail sales declined in August, highlighting potential challenges in the domestic market.

Summarised by DocStoX's model on 2026-10-10 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.