Last close ₹5,047.00down ₹81.00 (1.58%)BSE ₹5,035.35
Share price at the NSE close on 23 Oct 2026. Previous close ₹5,128.00.
52-week range of traded prices to 23 Oct 2026
₹4,671.50Low, 30 Jun 2026₹6,388.50High, 5 Dec 2025
- Next results date: the board meets on 28 Oct 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹1,01,011 Cr103rd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 6 Aug 2026
- 18.5
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 5 May 2026
- 4.7
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 3.67%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 6 Aug 2026
- 26.7%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 6 Aug 2026
- 29.2%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 5 May 2026
- 0.02
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 5,05,26061.0% delivered
Results
Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 6 Aug
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹13,126 Crup 1.14%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹1,418 Crdown 3.80%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 10.8%
Revenue by year
Peak revenue ₹47,411 Cr, year to Mar 2026
Net profit by year, a loss in red
| ₹ crore | Sep 2024Filed 15 Nov | Dec 2024Filed 6 Feb | Mar 2025Filed 10 Jun | Jun 2025Filed 6 Aug | Sep 2025Filed 13 Nov | Dec 2025Filed 5 Feb | Mar 2026Filed 5 May | Jun 2026Filed 6 Aug |
|---|---|---|---|---|---|---|---|---|
| Revenue | 10,483 | 10,260 | 9,970 | 9,728 | 12,218 | 12,487 | 12,978 | 13,126 |
| Net profit | 1,066 | 1,108 | 1,169 | 1,706 | 1,321 | 1,275 | 1,474 | 1,418 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 10.2% | 10.8% | 11.7% | 17.5% | 10.8% | 10.2% | 11.4% | 10.8% |
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
In the year to Mar 2026 the company reports one business segment, Automotive, which carries all its revenue.
Valuation
Today, against the company's own history.PE ratio and valuation history
Price to earningsPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
At or below today's level on 34% of 2,480 trading days over the last 10 years.
LowestHighest
Its median19.8Industry median18.5
Price to bookPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
At or below today's level on 74% of 1,987 trading days since Oct 2018.
LowestHighest
Its median4.1Industry median2.2
EV to EBITDAEnterprise value to EBITDA. Market cap plus borrowings less cash and bank balances, divided by operating profit before depreciation (revenue less operating expenses, without other income and one-off items) over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly): what the whole business costs against the profit its operations make. Lease liabilities are not counted: the results filings do not state them.13.7
At or below today's level on 41% of 1,987 trading days since Oct 2018.
LowestHighest
Its median14.2Industry median22.1
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 81% of 2,480 trading days over the last 10 years.
LowestHighest
Its median3.24%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +39.6% | +31.1% | +3.8% | 3.7% |
| 3 years | +32.9% | +26.8% | +1.9% | 3.7% |
| 5 years | +15.6% | +14.5% | −2.4% | 3.9% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.
Mutual funds holding it
275 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 128 of the 176 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.Mutual fund holdings
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 2
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 1
- AddedAdded. Funds that held more shares than at the end of the month before.
- 75
- CutCut. Funds that held fewer shares than at the end of the month before.
- 101
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 95
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end.
- 21
| Fund | |||
|---|---|---|---|
 Kotak Flexi Cap FundKotak Mahindra Mutual Fund | 20,00,000 | 1.97% | ₹1,048.2 Cr |
| Kotak Multi Cap FundKotak Mahindra Mutual Fund | 18,84,382 | 3.26% | ₹987.6 Cr |
 Mirae Asset Large & Midcap FundMirae Asset Mutual Fund | 16,79,350 | 2.05% | ₹880.1 Cr |
| Kotak Large & Mid Cap FundKotak Mahindra Mutual Fund | 12,25,000 | 2.10% | ₹642.0 Cr |
| Mirae Asset Midcap FundMirae Asset Mutual Fund | 10,78,292 | 2.89% | ₹565.1 Cr |
| Mirae Asset ELSS Tax Saver FundMirae Asset Mutual Fund | 7,40,074 | 1.58% | ₹387.9 Cr |
 ICICI Prudential Business Cycle FundICICI Prudential Mutual Fund | 6,93,279 | 2.44% | ₹363.3 Cr |
| ICICI Prudential Value FundICICI Prudential Mutual Fund | 6,59,056 | 0.60% | ₹345.4 Cr |
| Kotak Multi Asset Allocation FundKotak Mahindra Mutual Fund | 6,50,000 | 2.24% | ₹340.7 Cr |
 HSBC Value FundHSBC Mutual Fund | 5,84,578 | 2.09% | ₹306.4 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Peers and competitors
2/3 Wheelers, 13 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Hero MotoCorp in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Bajaj AutoBAJAJ-AUTO | 2,76,782 | 23.5 | 7.1 | 20.0 | +36.9% | +54.9% | 31.8% | 22.3% | 1.49% |
 Eicher MotorsEICHERMOT | 1,93,977 | 33.6 | 7.7 | 31.4 | +28.1% | +19.3% | 24.9% | 20.7% | 1.16% |
 TVS Motor CompanyTVSMOTOR | 1,89,094 | 55.2 | 19.8 | 24.2 | +30.2% | +43.7% | 37.9% | 18.0% | 0.30% |
 Ather EnergyATHERENERG | 54,731 | – | 21.3 | – | – | – | −25.4% | −15.3% | 0.00% |
 Ola Electric MobilityOLAELEC | 14,961 | – | – | – | −49.2% | – | −41.0% | −26.9% | 0.00% |
 Zelio E MobilityZELIO | 2,157 | 76.0 | 19.3 | – | – | – | 25.5% | – | 0.00% |
 Mercury Ev-TechMERCURYEV | 600 | – | 2.2 | 97.9 | +4.2% | – | – | 0.7% | 0.00% |
 Tunwal E-MotorsTUNWAL | 132 | 10.3 | 1.0 | – | +55.0% | +8.8% | 11.2% | – | 0.44% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up.Highest ₹185.00 a share, year to Mar 2026.
| Ex-date | Type | Per share |
|---|---|---|
| 24 Jul 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹75.00 |
| 11 Feb 2026 | Interim | ₹110.00 |
| 24 Jul 2025 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹65.00 |
| 12 Feb 2025 | Interim | ₹100.00 |
| 1 Aug 2024 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹40.00 |
| 21 Feb 2024 | Interim | ₹75.00 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
19 Oct · Rating
Sep 2026
21 Sep · Analysts
Hero MotoCorp share price by year
Each calendar year to 2025.Hero MotoCorp share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 5,771.00 | +38.7% | 6,350.50 | 3,493.10 |
| 2024 | 4,160.60 | +0.5% | 6,190.55 | 3,946.95 |
| 2023 | 4,139.55 | +51.1% | 4,173.25 | 2,249.50 |
| 2022 | 2,738.85 | +11.2% | 2,913.45 | 2,198.70 |
| 2021 | 2,462.10 | −20.8% | 3,584.00 | 2,347.40 |
| 2020 | 3,110.00 | +27.3% | 3,346.45 | 1,553.50 |
| 2019 | 2,443.05 | −21.3% | 3,127.60 | 2,258.80 |
| 2018 | 3,104.25 | −18.0% | 3,803.15 | 2,695.10 |
| 2017 | 3,785.15 | +24.4% | 4,048.95 | 2,986.55 |
| 2016 | 3,043.65 | +13.0% | 3,703.75 | 2,427.75 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 5,112.00 | 5,169.50 | 4,994.50 | 5,047.00 | 5,038.48 | 5,05,260 | 61.0% |
| 22 Oct 2026 | 5,085.50 | 5,264.00 | 5,056.50 | 5,128.00 | 5,159.04 | 4,83,661 | 47.6% |
| 21 Oct 2026 | 5,240.00 | 5,323.00 | 5,064.00 | 5,153.50 | 5,177.75 | 4,03,974 | 45.6% |
| 19 Oct 2026 | 5,228.00 | 5,299.00 | 5,183.00 | 5,230.00 | 5,245.75 | 3,66,042 | 47.0% |
| 16 Oct 2026 | 5,204.50 | 5,232.00 | 5,136.50 | 5,225.00 | 5,197.39 | 4,96,673 | 56.1% |
| 15 Oct 2026 | 5,125.00 | 5,210.00 | 5,035.50 | 5,210.00 | 5,150.01 | 9,41,019 | 54.6% |
| 14 Oct 2026 | 5,003.00 | 5,055.00 | 4,970.00 | 5,019.50 | 5,012.46 | 5,75,983 | 65.6% |
| 13 Oct 2026 | 4,911.00 | 4,997.50 | 4,887.00 | 4,997.50 | 4,953.12 | 4,26,632 | 49.0% |
| 12 Oct 2026 | 4,913.50 | 4,993.50 | 4,894.00 | 4,937.00 | 4,943.42 | 3,18,402 | 52.7% |
| 9 Oct 2026 | 4,864.00 | 4,953.00 | 4,825.00 | 4,895.50 | 4,911.53 | 3,05,913 | 49.7% |
Prices in ₹ per share as traded, not adjusted.
About Hero MotoCorp
Hero MotoCorp Limited makes motorcycles and scooters for riders in India and overseas. It is the world's largest two-wheeler manufacturer by unit sales for a single company, a position it has held for 25 years. It has sold 130 million two-wheelers across more than 50 countries. Its registered office is in Vasant Kunj, New Delhi.
The business is organised into five product groups: motorcycles, scooters, an electric portfolio, Harley-Davidson, and emerging mobility and innovation. Motorcycles run from 100cc models such as the Splendor+ to premium models such as the Xtreme 250R and Karizma XMR. Scooters include the Pleasure+, Destini and Xoom ranges. The electric portfolio is sold under the VIDA brand, with models such as the VIDA V2 Pro and VIDA VX2 Plus. Harley-Davidson motorcycles also sit in the portfolio. Freedo Rentals, incubated under the HeroHatch platform, lets customers access two-wheelers without long-term commitments.
Production is spread across six plants in India: Dharuhera and Gurugram in Haryana, Haridwar in Uttarakhand, Neemrana in Rajasthan, Halol in Gujarat and Tirupati in Andhra Pradesh. Dharuhera is the first of them. There are also plants in Colombia and Bangladesh, and the Bangladesh plant is a joint venture with the Niloy Group. Research and development is carried out at the Center for Innovation and Technology in Jaipur and at the Hero Tech Center Germany in Munich. A Global Parts Center at Neemrana supplies spare parts.
The company was set up by Dr. Brijmohan Lall Munjal, its Founder and Chairman Emeritus. Dr. Pawan Munjal is its Executive Chairman.
- Legal name
- Hero MotoCorp Limited
- NSE symbol
- HEROMOTOCO
- BSE code
- 500182
- ISIN
- INE158A01026
- Industry
- Automobiles
- Listed
- Feb 1985 on BSE, Apr 2003 on NSE
- Face value
- ₹2
- Former symbols
- HEROHONDA
- CIN
- L35911DL1984PLC017354
- Corporate identity number, the registrar of companies' code for it
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