Hero MotoCorp Ltd (HEROMOTOCO) — shareholding pattern, promoter holding, financials and share price
About Hero MotoCorp Ltd (HEROMOTOCO)
Hero MotoCorp Ltd operates in the 2/3 Wheelers industry, within the Automobile and Auto Components sector. It trades on the NSE as HEROMOTOCO and on the BSE under scrip code 500182. Its ISIN is INE158A01026.
Hero Moto Corp earlier also known as “Hero Honda” is one of India’s first motorcycle manufacturers. The company started in 1984 as a Technological collaboration with Honda, Japan. Before this collaboration, Hero was selling Cycles under the brand name, Hero Cycles. In 2011, Honda group sold its 26% stake in the company to the Munjals (promoters) and ended the JV. Post the termination of JV, the name of the company was changed to Hero Motocorp. [1] [2]
Hero MotoCorp is the world’s largest two‑wheeler manufacturer, designing, manufacturing and selling motorcycles, scooters, spare parts and related services from multiple Indian plants and overseas facilities, with an installed annual capacity near 9.4 million units and a diverse brand portfolio that includes ICE and electric offerings such as the VIDA family.
Q3 FY'26 marked a record quarterly revenue of INR12,328 crore, with EBITDA of INR1,810 crore and normalized PAT of INR1,489 crore; ICE margins expanded 100 basis points driven by pricing, LEAP cost savings and operating leverage, while EV investment was INR208 crore in the quarter reflecting focused ramping of VIDA.
Listed peers in 2/3 Wheelers: TVS Motor Company Ltd, Ather Energy Ltd, Ola Electric Mobility Ltd, Zelio E-Mobility Ltd, Wardwizard Innovations & Mobility Ltd, Tunwal E-Motors Ltd.
Valuation & Returns
10 Jul 2026At ₹4,941 a share on 10 Jul 2026, Hero MotoCorp Ltd (HEROMOTOCO) was valued at a price-to-earnings ratio of 17.12x against an industry P/E of 12.68x and a price-to-book of 5.13x on a book value of ₹963.15 per share as of Mar 2025. Solomo computes return on equity of 29.97% and return on capital employed of 37.62% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 17.12x
- Industry P/E
- 12.68x
- P/B
- 5.13x
- EPS (TTM)
- ₹288.65
- Book value / share
- ₹963.15
- ROE
- 29.97%
- ROCE
- 37.62%
- ROA
- 20.34%
- Debt / equity
- 0.04x
- Dividend yield
- 3.34%
- EBITDA margin
- 17.65%
- 52-week range
- ₹4,190.6 – ₹6,390
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Hero MotoCorp Ltd (HEROMOTOCO) reported revenue of ₹47,411 crore, net profit of ₹5,776 crore and earnings per share of ₹286.96. That compares with revenue of ₹40,923 crore and net profit of ₹4,376 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹12,978 crore and net profit ₹1,474 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 29,551 | 34,158 | 37,789 | 40,923 | 47,411 |
| Net profit (₹ cr) | 2,329 | 2,800 | 3,742 | 4,376 | 5,776 |
| EPS (₹) | 115.95 | 140.61 | 187.31 | 218.91 | 286.96 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 3.20% | 7.16% | 11.70% | 8.30% |
| Profit growth | 4.28% | 4.88% | 23.07% | 16.93% |
| Stock price CAGR | 4% | 11% | 17% | 11% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 34.73% of Hero MotoCorp Ltd (HEROMOTOCO) (unchanged from the previous quarter), foreign institutional investors (FII) hold 31.09% and domestic institutional investors (DII) hold 24.36%. Market capitalisation was ₹98,866 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: LIFE INSURANCE CORPORATION OF INDIA 5.14%, KOTAK FLEXICAP FUND 4.3%, ICICI PRUDENTIAL LARGE CAP FUND 2.38%, GOVERNMENT PENSION FUND GLOBAL 2.23%, NPS TRUST- A/C HDFC PENSION FUND MANAGEMENT LIMITED SCHEME E - TIER I 2.15%, MIRAE ASSET LARGE & MIDCAP FUND 1.92%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 34.73% | - | 31.09% | 24.36% | 65.27% |
| Mar 2026 | 34.73% | - | 31.15% | 24.78% | 65.27% |
| Dec 2025 | 34.73% | - | 29.44% | 26.36% | 65.27% |
| Sep 2025 | 34.73% | - | 28.76% | 26.39% | 65.27% |
| Jun 2025 | 34.74% | - | 27.05% | 27.83% | 65.26% |
| Mar 2025 | 34.74% | - | 27.43% | 27.9% | 65.26% |
| Dec 2024 | 34.74% | - | 27.96% | 27.72% | 65.26% |
| Sep 2024 | 34.75% | - | 29.59% | 26.94% | 65.25% |