Hero MotoCorp Reports Record FY26 Performance, Declares Rs. 75 Dividend, and Highlights Global Expansion

Hero MotoCorp Reports Record FY26 Performance, Declares Rs. 75 Dividend, and Highlights Global Expansion​

Hero MotoCorp, the world's largest manufacturer of motorcycles and scooters, announced record financial results for the fiscal year 2026 (April 2025 - March 2026), reporting significant growth in revenue and net profit. The company also declared a substantial final dividend of Rs. 75 per equity share.

The financial results, reviewed and approved by the Board of Directors on May 5, 2026, showed strong momentum across both domestic and international markets.

Key Financial Highlights for FY26​

For the full fiscal year 2026, the Company reported an annual Revenue from Operations amounting to Rs. 46,830 Crore, with Profit After Tax (PAT) reaching Rs. 5,268 Crore. Consolidated figures saw the revenue stand at Rs. 47,411 Crore, representing a 16% year-on-year growth, and consolidated PAT at Rs. 5,776 Crore, marking a 32% increase from the previous year.

Volume growth was also strong:

• Standalone Volume: The company sold 64.69 lakh units of motorcycles and scooters in FY26, reflecting a 10% year-on-year growth.
• Quarterly Volume: For the quarter ending March 31, 2026, sales reached 17.14 lakh units, a 24% growth compared to the same period last year.

Dividend and Board Appointments​

In a corporate action, Hero MotoCorp approved a final dividend of Rs. 75 per equity share (face value of Rs. 2 per equity share). When combined with the interim dividend of Rs. 110 per share, the total dividend for FY2025-26 amounts to Rs. 185 per equity share, representing a payout ratio of 9250%.

On the governance front, the Board of Directors conducted key appointments:

• Dr. Pawan Munjal was re-appointed as the Whole-Time Director and Executive Chairman for another term of five years, effective October 1, 2026.
• Mr. Suman Kant Munjal, a Director retiring by rotation, offered himself for re-appointment.

Strategic Growth and Mobility Focus​

The company's market leadership was bolstered by strong performance in its electric mobility and global divisions.

Electric Mobility (VIDA):
VIDA, Hero MotoCorp's Emerging Mobility Business, delivered a record year, reporting an annual retail figure of 151,748 lakh units in FY26, a 190% increase over FY25. The brand successfully broadened its reach with the launch of the VIDA VX2 series and DIRT.E K3. The company also pioneered a Battery-as-a-Service (BaaS) subscription model.

Global Footprint:
The Global Business achieved an all-time high, with 4.03 lakh units dispatched in FY26, marking 40% year-on-year growth. Hero MotoCorp expanded its global presence to 52 countries, successfully entering key international markets in Europe and the United Kingdom (UK).

Investments and Leadership:
The group reinforced its commitment to electric mobility by increasing its stake in Euler Motors Private Limited to 36.7%. Additionally, the company appointed Harshavardhan Chitale as its Chief Executive Officer (CEO), and Ms. Kausalya Nandakumar as the Chief Business Officer for the Emerging Mobility Business Unit.

Regulatory and Industry Outlook​

The company noted several regulatory developments that will shape the future of the industry:

• ELV Rules: The Ministry of Environment, Forest and Climate Change issued the Environment Protection (End-of-Life Vehicles) Rules, 2025, requiring producers to comply with Extended Producer Responsibility (EPR) obligations.
• Battery Rules: The Battery Waste Management Rules, 2022, apply to the group, which is subject to obligations for collecting and recycling waste batteries.
• Labor Codes: The company factored the financial implications of the four newly notified Labour Codes into the year's accounts, making an additional provision of Rs. 119 crores, which was presented as an "Exceptional item."

Standalone Financial Results Summary (₹ Crore)​

HEROMOTOCO Stock Price Movement​

Today, Hero MotoCorp Limited shares gained 1.19% to settle at ₹5109. The stock saw significant activity, trading on a total volume of 573,411 shares.