Here is a data-driven look at Hero MotoCorp Ltd. (HEROMOTOCO), covering financial performance, valuation, and shareholding trends.
Hero MotoCorp Revenue Trend
Revenue for Hero MotoCorp Ltd. came in at ₹41,968 Cr in FY2025, growing 8.6% year-over-year.
Looking at the 10-year picture, Hero MotoCorp Ltd.'s revenue CAGR of 4.3% is modest at best — from ₹27,538 Cr to ₹41,968 Cr.
Hero MotoCorp Ltd. is a major automobiles - 2 and 3 wheelers company by revenue, with a top line of ₹41,968 Cr.
Revenue has moved in the same direction for 3 years running, suggesting the growth trend has structural legs.
| Year | Revenue | YoY % |
|---|---|---|
| FY2025 | ₹41,968 Cr | +8.6% |
| FY2024 | ₹38,643 Cr | +11.3% |
| FY2023 | ₹34,727 Cr | +15.3% |
| FY2022 | ₹30,106 Cr | -4.5% |
| FY2021 | ₹31,517 Cr | — |
View Hero MotoCorp Ltd.'s full 10-year revenue trend with CAGR analysis →
Hero MotoCorp Profitability
Hero MotoCorp Ltd. turned in a net profit of ₹4,376 Cr for FY2025. That's 16.9% better than the ₹3,742 Cr earned in FY2024.
Margins moved in the right direction, with net margin rising to 10.4% from 9.7%.
Diluted EPS came in at ₹218.69 for FY2025, up from ₹187.04 a year earlier.
Is Hero MotoCorp Undervalued
Based on the P/E Ratio model, Hero MotoCorp Ltd.'s fair value works out to ₹4,992 — 3.1% upside from where it trades today.
Hero MotoCorp Ltd. shares are currently trading at ₹4,840.90.
Craytheon also calculates intrinsic value using the EPS Growth and DCF models. The full breakdown with assumptions is available in the detailed analysis.
| Model | Est. Fair Value | vs. Current Price |
|---|---|---|
| P/E Ratio | ₹4,992 | 3.1% upside to fair value |
| EPS Growth | Upgrade | Upgrade |
| DCF | Upgrade | Upgrade |
See all valuation models for Hero MotoCorp Ltd. with detailed assumptions →
Hero MotoCorp Shareholding Pattern
No change in promoter stake — it has held at 34.7% for the past 4 quarters.
FII ownership stands at 29.4%, up from the 27.4% recorded a year ago.
The DII stake stands at 26.4% as of December 2025, versus 27.9% in the year-ago period.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Dec 2025 | 34.7% | 29.4% | 26.4% | 9.5% |
| Sep 2025 | 34.7% | 28.8% | 26.4% | 10.1% |
| Jun 2025 | 34.7% | 27.1% | 27.8% | 10.4% |
| Mar 2025 | 34.7% | 27.4% | 27.9% | 9.9% |
Track quarterly shareholding changes for Hero MotoCorp Ltd. →
Hero MotoCorp Balance Sheet
Proportional view as of 3 Jun 2026. Hover blocks for details.
Assets
Liabilities & Equity
FY2025 total assets: ₹283.90B (up 8.6% YoY from ₹261.53B).
Top categories: Investments (27.3%), Cash & ST Investments (25.4%), Property, Plant & Equipment (18.8%).
Of the ₹283.90B in liabilities and equity, 68.3% is shareholder equity, 2.5% is interest-bearing debt, and 29.2% is operating liabilities. Over the year, debt is up 15.4% and equity is up 8.8%.
Balance sheet composition — FY 2025
| Category | Value |
|---|---|
| Cash & ST Investments | 72.10B |
| Receivables | 33.81B |
| Inventories | 20.13B |
| Property, Plant & Equipment | 53.25B |
| Investments | 77.48B |
| Intangibles & Goodwill | 9.62B |
| Other Assets | 17.51B |
| Category | Value |
|---|---|
| Equity | 194.04B |
| Short-term Debt | 5.04B |
| Long-term Debt | 1.96B |
| Trade Payables | 57.00B |
| Other Liabilities | 25.87B |
Hero MotoCorp Key Highlights
To sum up Hero MotoCorp Ltd.'s financial position: the data paints a clear picture for investors evaluating this automobiles - 2 and 3 wheelers stock.
Revenue of ₹41,968 Cr in FY2025, up 8.6% year-over-year.
Long-term revenue has been compounding at 4.3% annually over 10 years.
The company is profitable, with a net margin of 10.4% and net income of ₹4,376 Cr.
The P/E Ratio model implies 3.1% upside to fair value from the current price. The remaining two models are worth cross-checking before drawing a conclusion — sign up to see the full analysis.
Unlock Full Analysis
Craytheon's full analysis of Hero MotoCorp Ltd. goes deeper: three valuation models, growth metrics, and 10 years of financial data.