Hero MotoCorp

NSE: HEROMOTOCO · Automobile

₹5,437.26

▲ +0.69%

BUY

Illustrative research · not investment advice Demo price · quote unavailable · Fundamentals and research: sample dataset (30 Oct 2026)

Price chart

Illustrative price history · not actual market candles

A. Company overview

World's largest two-wheeler maker by volume.

Market cap

₹2,64,15,900 Cr

Industry / Sector

Automobile

Segments

Website

Visit ↗

MotorcyclesScootersParts

B. Fundamental analysis (illustrative)

Revenue growth

+6.17%

Net profit growth

+11.82%

Operating margin

20.91%

EBITDA margin

25.73%

ROE

24.08%

ROCE

26.66%

Debt / Equity

0.91

EPS

₹140.03

Operating cash flow

₹1,82,048 Cr

Working capital

₹74,686 Cr

5-year revenue & profit (₹ Cr)

C. Financial statements (illustrative)

₹ Cr	FY22	FY23	FY24	FY25	FY26
Revenue	5,97,947	6,99,472	7,60,343	8,19,948	9,33,571
EBITDA	1,36,054	1,55,284	1,75,291	1,96,706	2,40,249
Net profit	85,034	97,053	1,09,557	1,22,942	1,50,156
EPS (₹)	98.02	109.22	120.43	131.63	142.83

D. Valuation analysis

P/E

38.83

P/B

8.91

EV/EBITDA

10.31

Price/Sales

8.91

EPS

₹140.03

Dividend yield

1.92%

Peer comparison — Automobile

Company	CMP	P/E	P/B	ROE	D/E
Hero MotoCorp	5,437.26	38.83	8.91	24.08%	0.91
Maruti Suzuki	12,502.92	24.78	9.26	22.58%	0.45
Tata Motors	771.19	23.37	10.66	26.67%	1.28
Mahindra & Mahindra	3,431.4	52.61	1.24	13.26%	1.46
Bajaj Auto	8,617.84	54.51	5.18	27.48%	1.09
Eicher Motors	6,905.4	15.31	1.87	22.8%	0.43
TVS Motor	3,424.14	26.86	11.27	20.85%	0.04

E. Technical analysis

RSI (14)

39.74

MACD

6.31

Support

₹5,165.40

Resistance

₹5,763.50

Volume

1,40,97,486

Illustrative technical charts · not actual market history

Candlestick (last 50 sessions)

Price with 50-DMA & 200-DMA, volume

Fibonacci retracement levels

23.6% · ₹5404.62

38.2% · ₹5296.91

50.0% · ₹5209.85

61.8% · ₹5122.79

F. Shareholding pattern

Promoter11.42%

FII16.16%

DII38.6%

of which Mutual Funds24.6%

Public33.82%

G. SWOT analysis

Strengths

Established position in Automobile
ROE of 24.08% in demo data

Weaknesses

Limited pricing power in some segments
Cyclical exposure

Opportunities

Domestic demand growth
Expansion in Motorcycles

Threats

Regulatory changes
Competitive intensity

Illustrative template points for demonstration.

H. Research conclusion

Financial strength

Moderate leverage to monitor

Business quality

High capital efficiency

Valuation

Premium valuation

Growth

Sales growth of 6.17%

Risk assessment

Low risk

Overall

Illustrative BUY opinion · target ₹6,204.52 · stop loss ₹5,003.46

I. Corporate actions

Dividend history (₹/share)

Year	Dividend
FY22	83.52
FY23	89.78
FY24	96.05
FY25	102.31
FY26	108.57

Bonus, splits & announcements

Bonus history: none in demo dataset
Stock split history: none in demo dataset
Board meeting for quarterly results — demo announcement