Hero MotoCorp Reports Record Revenue and Profit After Tax in 25th Consecutive Year of Industry Leadership

Hero MotoCorp Reports Record Revenue and Profit After Tax in 25th Consecutive Year of Industry Leadership​

Hero MotoCorp Limited, the world's largest manufacturer of motorcycles and scooters, announced record financial results for the fourth quarter and the fiscal year 2026, marking the company's 25th consecutive year of industry leadership. The company declared a final dividend of Rs. 75 per equity share.

For the fiscal year 2026 (April 2025 - March 2026), the company reported its annual Revenue from Operations and Profit After Tax (PAT) amounting to Rs. 46,830 Crore and Rs. 5,268 Crore, respectively. Consolidated revenue for the year stood at Rs. 47,411 Crore, representing a 16% year-on-year growth, with Profit After Tax (PAT) climbing 32% over the previous year to Rs. 5,776 Crore.

The company's performance was robust across both domestic and global markets, driven by strong gains in its core ICE business, the premium motorcycle segment, and its emerging EV unit, VIDA.

Financial Performance Highlights​

The financial results show significant growth across both the annual and quarterly metrics:


The company also noted that its EBITDA margin for the fiscal year stood at 14.7%, reflecting an improvement of 30 basis points compared to the previous year. Separately, the revenue from its Parts, Accessories, and Merchandising (PAM) business for the year was Rs. 6,147 Crore.

Operational Growth and Mobility Trends​

In terms of sales volume, Hero MotoCorp sold 64.69 lakh units of motorcycles and scooters in FY'26, a 10% growth over the previous year. For the fourth quarter, the company sold 17.14 lakh units, marking a 24% growth.

The electric mobility division, VIDA, reported a landmark year with a record year-on-year retail growth of 190%, achieving annual retail sales of 151,748 lakh units. The brand expanded its portfolio by launching the VIDA EVOOTER VX2 and DIRT.E K3, while its market share grew from 6.1% in March FY25 to 11.2% in March FY26.

Globally, the company achieved all-time high dispatches of 4.03 lakh units in FY'26, marking a 40% year-on-year increase. Hero MotoCorp expanded its global footprint to 52 countries, including new market entries in Europe and the United Kingdom (UK). The Harley-Davidson Business also contributed strongly, posting a 26% year-on-year growth in dispatch volume.

Dividends and Strategic Development​

Hero MotoCorp announced a final dividend of Rs. 75 per equity share. Considering the interim dividend of Rs. 110 per share, the total dividend for FY 2025-26 amounts to Rs. 185 per equity share, representing a payout of 92.50%.

On the strategic front, the company strengthened its commitment to electric mobility by increasing its stake in Euler Motors to 36.7%.

The year’s record performance was attributed by Chief Executive Officer, Harshavaradhan Chitale, to the sustained leadership and the commitment to defining the future of mobility. He highlighted that the growth was broad-based, powered by a strong premium and EV product portfolio and positive momentum in global markets.

Company Governance and Appointments​

The company also finalized several leadership appointments, including the appointment of Harshavardhan Chitale as the Chief Executive Officer, and Kausalya Nandakumar as the Chief Business Officer for the Emerging Mobility Business Unit (EMBU). Furthermore, the company appointed Latika Taneja as the Head for Corporate Communications, and Madhuri Mehta as the Chief Human Resources Officer (CHRO).

HEROMOTOCO Stock Price Movement​

Today, Hero MotoCorp Limited shares edged higher, closing at ₹5109, having gained 1.19% on volume. The stock saw solid investor interest during trading, moving on a substantial volume of 573,411 shares today.