Hero MotoCorp Ltd.
NSE: HEROMOTOCO · 2/3 Wheelers
Snapshot
Unlock Hero MotoCorp Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Hero MotoCorp Limited is a leading manufacturer of motorized two-wheelers, including motorcycles and scooters, along with spare parts and accessories. The company operates globally across Asia, Latin America, Africa, and the Middle East.
Business Model
The company generates revenue primarily through the sale of two-wheeler vehicles and associated spare parts. It leverages an extensive distribution network and is currently expanding into the electric mobility segment through strategic partnerships.
Growth Outlook
Growth is expected to be driven by the transition toward sustainable electric mobility, supported by a strategic partnership with Gogoro Inc. to enhance the company's electric vehicle ecosystem in India.
Key Risks
- Commodity Price Volatility. Fluctuations in the prices of raw materials like steel, aluminium, and precious metals can significantly impact manufacturing margins.
- Intense Market Competition. The two-wheeler segment in India faces aggressive competition from both established domestic players and new entrants in the electric vehicle space.
- Regulatory and Environmental Shifts. Stricter emission norms and government policies regarding internal combustion engines may necessitate rapid and costly technological transitions.
- Geopolitical and Currency Risks. As an exporter to emerging markets in Africa and Latin America, the company is exposed to currency fluctuations and regional political instability.
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Key Metrics
REVENUE
₹53,562 Cr
TTM · consolidated
NET PROFIT
₹6,028 Cr
TTM · consolidated
EPS
₹299.92
TTM · consolidated
RETURN ON EQUITY
27.1%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
31.5%
TTM · consolidated
P/E
17.3×
Q2 FY27 · consolidated
EV/EBITDA
11.9x
Q2 FY27 · consolidated
EBITDA MARGIN
16.2%
TTM · consolidated
NET PROFIT MARGIN
12.4%
Q2 FY27 · consolidated
DEBT TO EQUITY
0.0x
Q2 FY27 · consolidated
Peers · 2/3 Wheelers
| Company | Mkt Cap | P/E (TTM) | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Hero MotoCorp Ltd.HEROMOTOCO | ₹1.03L Cr | 17.3× | 11.86 | 27.0% | 16.2% | 27.1% | 31.5% | -6.3% |
TVS Motor Company Ltd.TVSMOTOR | ₹1.99L Cr | 52.3× | 23.71 | 34.0% | 14.9% | 41.0% | 29.3% | +20.1% |
Eicher Motors Ltd.EICHERMOT | ₹1.98L Cr | 34.3× | 25.82 | 28.1% | 30.7% | 24.9% | 26.8% | +2.9% |
Ather Energy Ltd.ATHERENERG | ₹69,559 Cr | 499.9× | 182.69 | — | 8.0% | 3.9% | 5.2% | +156.5% |
Ola Electric Mobility Ltd.OLAELEC | ₹15,357 Cr | -8.9× | -23.15 | -49.2% | -40.0% | -41.0% | -22.4% | -30.2% |
Zelio E-MobilityZELIO | ₹2,199 Cr | — | — | — | 11.0% | — | — | +191.0% |
As of Q2 FY27
Financials
Hero MotoCorp Ltd.
NSE: HEROMOTOCO · 2/3 Wheelers
Snapshot
Unlock Hero MotoCorp Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Hero MotoCorp Limited is a leading manufacturer of motorized two-wheelers, including motorcycles and scooters, along with spare parts and accessories. The company operates globally across Asia, Latin America, Africa, and the Middle East.
Business Model
The company generates revenue primarily through the sale of two-wheeler vehicles and associated spare parts. It leverages an extensive distribution network and is currently expanding into the electric mobility segment through strategic partnerships.
Growth Outlook
Growth is expected to be driven by the transition toward sustainable electric mobility, supported by a strategic partnership with Gogoro Inc. to enhance the company's electric vehicle ecosystem in India.
Key Risks
- Commodity Price Volatility. Fluctuations in the prices of raw materials like steel, aluminium, and precious metals can significantly impact manufacturing margins.
- Intense Market Competition. The two-wheeler segment in India faces aggressive competition from both established domestic players and new entrants in the electric vehicle space.
- Regulatory and Environmental Shifts. Stricter emission norms and government policies regarding internal combustion engines may necessitate rapid and costly technological transitions.
- Geopolitical and Currency Risks. As an exporter to emerging markets in Africa and Latin America, the company is exposed to currency fluctuations and regional political instability.
Start your research today
Unlock AI insights, financials, peers and live data on Hero MotoCorp Ltd. and 5,000+ companies — free.
Key Metrics
REVENUE
₹53,562 Cr
TTM · consolidated
NET PROFIT
₹6,028 Cr
TTM · consolidated
EPS
₹299.92
TTM · consolidated
RETURN ON EQUITY
27.1%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
31.5%
TTM · consolidated
P/E
17.3x
Q2 FY27 · consolidated
EV/EBITDA
11.9x
Q2 FY27 · consolidated
EBITDA MARGIN
16.2%
TTM · consolidated
NET PROFIT MARGIN
12.4%
Q2 FY27 · consolidated
DEBT TO EQUITY
0.0x
Q2 FY27 · consolidated
Peers · 2/3 Wheelers
As of Q2 FY27