Dispatch Performance Summary

Hero MotoCorp reported its dispatch figures for October 2026, demonstrating strong growth across its product portfolio.

Overall Performance:

  • Total dispatches for October 2026 reached 734,403 units
  • This represents a 16% year-on-year growth compared to October 2025 (635,808 units)
  • The growth was driven by both scooters (ICE & EV) and motorcycles
  • Retail momentum was healthy with VAHAN registrations reaching 589,665 (Data from VAHAN except Telangana, as on November 1, 2026)

Year-to-Date Performance (YTD FY'27):

  • Total dispatches for YTD FY'27: 4,279,878 units
  • Comparable YTD FY'26 figure: 3,693,580 units

Segment-wise Performance Breakdown

VIDA (EV Business Unit):

  • Dispatches: 30,143 units in October 2026
  • VAHAN retail growth: 80% year-on-year
  • Market share in electric two-wheeler segment: 13.6% in October 2026 (up from 11.1% in October 2025)
  • Marketing initiatives: Star-studded campaign featuring Anil Kapoor and Ranbir Kapoor with brand vision 'Ghar Ghar Tyohar, Ghar Ghar EVOOTER'
  • Awards: VIDA x KKR campaign earned two honors at AdAura Awards 2026 - Brand Collaboration Campaign of the Year and Sports Marketing Campaign of the Year

Domestic ICE Business:

  • Dispatches: 675,017 units in October 2026
  • Year-on-year growth: 14% (compared to 590,806 units in October 2025)
  • Growth drivers: Scooters and 100cc motorcycles
  • Premium segment expansion: Launched new Xtreme 160R 4V and Xtreme 250R
  • Marketing campaign: 'HERO SANG TYOHAR HAI HAR KAHIN' with distinctive initiatives including Maa Durga shadow installation using Hero Genuine Parts, 3D anamorphic outdoor advertising, and innovative print executions

Global Business:

  • Dispatches: 29,319 units in October 2026 (compared to 30,979 units in October 2025)
  • Strong retail momentum maintained in key international markets, particularly Colombia and Bangladesh
  • Portfolio strengthening with strong pipeline of upcoming scooter and premium motorcycle launches

Detailed Dispatch Data Table

| Particulars | OCT' 26 | OCT' 25 | YTD FY'27 | YTD FY'26 |

| Motorcycles | 629,800 | 570,753 | 3,742,465 | 3,373,019 |

| Scooters | 104,603 | 65,055 | 537,413 | 320,561 |

| Total | 734,403 | 635,808 | 4,279,878 | 3,693,580 |

| Domestic | 705,084 | 604,829 | 4,059,917 | 3,486,604 |

| Exports | 29,319 | 30,979 | 219,961 | 206,976 |

Company Background Information

  • Headquarters: New Delhi, India
  • Business: World's largest manufacturer of motorcycles and scooters for 25 consecutive years
  • Revenue: Approximately $5 billion
  • Global footprint: 53 countries across Asia, Africa, Europe, Central and Latin America
  • Customer base: Over 130 million
  • Manufacturing facilities: Eight facilities (six in India, one in Colombia, one in Bangladesh)
  • R&D centers: Hero Centre for Innovation and Technology (CIT) in India and Hero Tech Centre Germany (TCG)
  • EV transition: Driving transition through VIDA
  • Strategic alliances: Harley-Davidson (premium motorcycles) and Zero Motorcycles (electric motorcycles)
  • Strategic investments: Ather Energy and Euler Motors (two- and three-wheeler EV manufacturers)
  • Recognition: Only Indian two-wheeler manufacturer listed on Dow Jones Sustainability Index (DJSI)
  • Executive Chairman Dr. Pawan Munjal was named to the 2025 TIME100 Climate List
  • Sports promotion: Major global promoter of golf, football, field hockey, and cricket; Hero MotoSports Team Rally represents India in global rally racing