HERO MOTORS LIMITED share price
Hero Motors Limited designs, develops, manufactures, and supplies engineered powertrain solutions catering to automotive original equipment manufacturers (OEMs) in United States, Europe, India, and the Association of Southeast Asian Nations region. It operates through Powertrain Solutions and Alloys and Metallics segments. The company offers gears and transmission products comprising ice and EV gearboxes, e-axles, gearset assemblies, and gear and shaft components; bike powertrains products, such as continuous variable transmission products, electric motors, and electric drive units; and alloys and metallic products, including structural components, alloy frames, suspension forks, wheel rims…Read more
- Market Cap₹ 6,779 Cr.
- Current Price₹ 149.24
- High / Low₹ 179 / 81
- Stock P/E69.1
- Book Value₹ 13
- Dividend Yield0.00 %
- ROCE13.0 %
- ROE9.70 %
- Face Value₹ 10.0
More figures (10)
- EPS (TTM)₹ 2.16
- Price / Book11.79
- OPM6.7 %
- Debt / Equity1.29
- Sales growth (4Y)3.6 %
- Profit growth (4Y)2.4 %
- Promoter holding13.0 %
- EV / EBITDA48.7
- Beta—
- All-time high₹ 179
Price chart
| Returns | 1M | 3M | 6M | YTD | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| HEROMOTORS | +51.67% | — | — | — | — | — | — |
| Nifty 50 | -0.31% | -3.85% | -4.34% | -11.42% | -9.53% | +5.46% | +4.76% |
Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.
Quick take
- HERO MOTORS LIMITED is in the Auto Parts industry (Consumer Cyclical), with a market value of ₹6,779 crore.
- It trades at 69.1 times its last 12 months' earnings and 11.8 times book value.
- Revenue grew 3.6% a year over the last 4 years, profit 2.4% a year.
- Return on equity was 9.7% and return on capital employed 13.0% in the latest year.
- Debt was 1.29 times shareholders' equity.
- The share price is 16.6% below its 52-week high.
- Promoters and insiders hold about 13.0%; institutions about 10.3%.
Pros
AINo standout strengths in the reported figures.
Cons
AI- Return on equity has been low: 6.5% on average over the last 3 years.
- Borrowings are high at 1.29 times shareholders' equity.
- Trades at 11.8 times its book value.
- The company has not paid a dividend recently.
Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.
AI analysis
Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.
About HERO MOTORS LIMITED
Hero Motors Limited designs, develops, manufactures, and supplies engineered powertrain solutions catering to automotive original equipment manufacturers (OEMs) in United States, Europe, India, and the Association of Southeast Asian Nations region. It operates through Powertrain Solutions and Alloys and Metallics segments. The company offers gears and transmission products comprising ice and EV gearboxes, e-axles, gearset assemblies, and gear and shaft components; bike powertrains products, such as continuous variable transmission products, electric motors, and electric drive units; and alloys and metallic products, including structural components, alloy frames, suspension forks, wheel rims, and BB catridges and seats, as well as design and validation services. The company's products have applications in two-wheelers, performance automotive, e-bikes, off-road vehicles, electric and hybr…
- Employees
- 1,062
- Head office
- Noida
Peer comparison
Consumer CyclicalAuto Parts
| S.No. | Company | CMP ₹ | P/E | Mar Cap ₹ Cr | Div Yld % | NP Qtr ₹ Cr | Qtr Profit Var % | Sales Qtr ₹ Cr | Qtr Sales Var % | ROCE % | ROE % | P/B | OPM % | Debt / Eq | Prom. Hold. % | Sales ₹ Cr | Sales Var 3Yrs % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | HERO MOTORS | 149.24 | 69.1 | 6,779 | 0.00 | 23 | — | 278 | — | 13.0 | 9.7 | 11.79 | 6.7 | 1.29 | 12.99 | 1,153 | 3.6 |
| 2. | Samvardhana Motherson International | 160.00 | 38.6 | 1,70,090 | 0.31 | 1,032 | 101.64 | 34,912 | 16.60 | 11.5 | 10.2 | 4.11 | 5.5 | 0.47 | 58.91 | 1,25,023 | 17.1 |
| 3. | Bosch | 45,560.00 | 56.9 | 1,34,384 | 0.60 | 706 | -36.74 | 5,842 | 22.00 | 24.2 | 19.4 | 9.05 | 11.4 | 0.01 | 70.67 | 19,595 | 10.3 |
| 4. | Uno Minda | 1,108.00 | 53.2 | 63,983 | 0.24 | 296 | 1.76 | 5,557 | 23.79 | 20.5 | 19.1 | 9.37 | 8.0 | 0.40 | 68.49 | 19,385 | 20.5 |
| 5. | Schaeffler India | 3,669.20 | 45.8 | 57,351 | 0.96 | 642 | 19.14 | 5,346 | 18.10 | 25.7 | 20.2 | 9.35 | 14.9 | 0.01 | 74.30 | 9,550 | 12.3 |
| 6. | MRF | 122,790.00 | 21.6 | 52,077 | 0.19 | 495 | -1.02 | 8,416 | 9.64 | 15.6 | 12.3 | 2.48 | 10.4 | 0.15 | 47.88 | 31,149 | 10.6 |
| 7. | Sona BLW Precision Forgings | 800.00 | 71.4 | 49,934 | 0.45 | 180 | 9.96 | 1,301 | 50.47 | 13.2 | 11.2 | 8.31 | 18.4 | 0.07 | 27.91 | 4,308 | 18.8 |
| 8. | Balkrishna Industries | 2,052.80 | 28.2 | 39,684 | 0.78 | 451 | 56.35 | 3,455 | 25.19 | 13.8 | 11.6 | 3.62 | 16.9 | 0.38 | 58.54 | 10,823 | 3.6 |
| 9. | Endurance Technologies | 2,406.40 | 34.9 | 33,849 | 0.48 | 245 | 8.03 | 4,315 | 30.01 | 16.3 | 15.2 | 4.95 | 8.6 | 0.19 | 75.00 | 14,596 | 18.2 |
| 10. | Exide Industries | 370.95 | 33.8 | 31,531 | 0.53 | 350 | 28.38 | 5,528 | 17.75 | 8.8 | 6.1 | 2.27 | 7.3 | 0.11 | 50.94 | 17,908 | 6.1 |
| Median: 44 Co. | 1,580.40 | 32.4 | 14,326 | 0.44 | 401 | 9.96 | 5,437 | 22.00 | 14.7 | 14.7 | 5.55 | 9.6 | 0.17 | 58.73 | 16,252 | 10.5 |
Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.
Quarterly Results
Consolidated figures in ₹ crore
Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Latest quarter on the right.
Balance Sheet
Consolidated figures in ₹ crore, as at 31 March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 354 | 354 | 357 | 358 |
| Reserves | -5 | 32 | 68 | 116 |
| 373 | 410 | 473 | 613 | |
| Long term borrowings | 72 | 82 | 123 | 99 |
| Short term borrowings | 287 | 298 | 326 | 445 |
| 270 | 264 | 266 | 284 | |
| Trade payables | 149 | 136 | 137 | 140 |
| Minority interest | -11 | -11 | 1 | 6 |
| Current liabilities | 496 | 491 | 515 | 645 |
| Total Liabilities | 992 | 1,060 | 1,165 | 1,372 |
| 354 | 473 | 572 | 683 | |
| Gross block | 548 | 693 | 835 | 1,000 |
| Accumulated depreciation | 193 | 220 | 263 | 316 |
| Goodwill & intangibles | 12 | 31 | 51 | 62 |
| CWIP | 79 | 77 | 46 | 73 |
| 559 | 510 | 547 | 615 | |
| Inventories | 196 | 180 | 191 | 209 |
| Trade receivables | 251 | 195 | 202 | 253 |
| Cash & equivalents | 8 | 42 | 9 | 22 |
| Current assets | 618 | 536 | 516 | 606 |
| Total Assets | 992 | 1,060 | 1,165 | 1,372 |
Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.
Cash Flows
Consolidated figures in ₹ crore, financial years ending March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 42 | 132 | 48 | 144 | |
| Profit for the year | 41 | 13 | 25 | 44 |
| Working capital changes | -34 | 34 | -61 | 20 |
| Direct taxes paid | -19 | -9 | -11 | -14 |
| -207 | -77 | -135 | -69 | |
| Fixed assets purchased | -138 | -133 | -152 | -92 |
| Fixed assets sold | 1 | 0 | 0 | 0 |
| Investments purchased | -1 | -0 | -1 | |
| Investments sold | 11 | 9 | 5 | 0 |
| 118 | -20 | 54 | -62 | |
| Proceeds from borrowings | 236 | 48 | 86 | 36 |
| Repayment of borrowings | -130 | -23 | -38 | -48 |
| Interest paid | -19 | -27 | -30 | -34 |
| Dividends paid | -9 | -9 | ||
| Net Cash Flow | -47 | 35 | -33 | 13 |
| Free Cash Flow | -96 | -1 | -104 | 52 |
Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.
Ratios
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| ROE | — | 11.6% | 3.7% | 6.2% | 9.7% |
| ROCE | — | 14.7% | 8.9% | 10.7% | 13.0% |
| Operating margin | — | 6.4% | 4.4% | 5.5% | 6.7% |
| Net margin | — | 3.9% | 1.3% | 2.4% | 3.8% |
| Debt / equity | — | 1.07 | 1.06 | 1.11 | 1.29 |
| Current ratio | — | 1.25 | 1.09 | 1.00 | 0.94 |
| Debtor days | — | 88 | 68 | 70 | 80 |
| Inventory days | — | 93 | 95 | 102 | 101 |
| Days payable | — | 71 | 72 | 73 | 68 |
| Cash conversion cycle | — | 110 | 91 | 99 | 113 |
| Working capital days | — | 43 | 16 | 0 | -12 |
Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; cash conversion cycle = debtor + inventory − payable days; working capital days = (current assets − current liabilities) ÷ sales × 365.
Shareholding Pattern
- Promoters & insiders 12.99%
- Institutions (FII, DII, funds) 10.29%
- Public & others 76.72%
Documents
Announcements
- Certificate under SEBI (Depositories and Participants) Regulations, 2018Hero Motors Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 201815-Oct-2026
- Copy of Newspaper PublicationHero Motors Limited has informed the Exchange about Copy of Newspaper Publication15-Oct-2026
- Outcome of Board MeetingHero Motors Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.13-Oct-2026
- General UpdatesHero Motors Limited has informed the Exchange about General Updates13-Oct-2026
- Price movementSignificant movement in price has been observed in Hero Motors Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to i…05-Oct-2026
- Shareholders meetingHero Motors Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 30, 2026. Further, the company has informed the Exchange regar…01-Oct-2026
- Shareholders meetingHero Motors Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 30, 202601-Oct-2026
- Trading WindowHero Motors Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 201528-Sep-2026
Annual reports
None filed recently.
Credit ratings
Filings made by the company with NSE; documents open on NSE's website.
Key dates
- Ex-dividend date
- 1 Jan 1970
- Latest quarter
- 30 Jun 2026
- Financial year end
- 31 Mar 2026
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Latest news
In the news
From the company (NSE)
- Certificate under SEBI (Depositories and Participants) Regulations, 2018Hero Motors Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018NSE filing · 15-Oct-2026
- Copy of Newspaper PublicationHero Motors Limited has informed the Exchange about Copy of Newspaper PublicationNSE filing · 15-Oct-2026
- Outcome of Board MeetingHero Motors Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.NSE filing · 13-Oct-2026
- General UpdatesHero Motors Limited has informed the Exchange about General UpdatesNSE filing · 13-Oct-2026
- Price movementSignificant movement in price has been observed in Hero Motors Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to i…NSE filing · 05-Oct-2026
- Shareholders meetingHero Motors Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 30, 2026. Further, the company has informed the Exchange regar…NSE filing · 01-Oct-2026
- Shareholders meetingHero Motors Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 30, 2026NSE filing · 01-Oct-2026
- Trading WindowHero Motors Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015NSE filing · 28-Sep-2026
Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.
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