Financial Performance Highlights
Hero MotoCorp delivered exceptional financial results for FY 2025-26, achieving record standalone revenue of ₹46,830 crore (14.9% YoY growth) and profit after tax of ₹5,268 crore (14.3% YoY growth). The company reported EBITDA of ₹6,871 crore with a margin of 14.7%, while return on capital employed stood at 31.3%. Consolidated performance was equally strong with revenue of ₹47,411 crore and PAT attributable to owners of ₹5,742 crore.
Dividend Declaration and Capital Returns
The Board declared an interim dividend of ₹110 per share paid in February 2026 and recommended a final dividend of ₹75 per share, bringing the total FY26 dividend to ₹185 per share (9,250% of face value). Total dividend payout amounted to ₹3,501 crore, demonstrating strong capital return to shareholders.
Operational Excellence and Market Leadership
The company maintained its position as the world's largest motorcycle and scooter manufacturer for the 25th consecutive year, achieving sales volume of 64.69 lakh units (9.7% growth). Market share stood at 42.1% in motorcycles and 10.2% in EVs, with the VIDA electric brand recording 190% retail growth. Global expansion continued with entry into European markets and operations across 53 countries.
Strategic Investments and Subsidiaries
Significant investments included ₹720 crore in Euler Motors Private Limited, resulting in a 34.12% stake classified as associate. The company also invested in Hero FinCorp Limited (40.45% stake) and Ather Energy Limited (30.07% stake). Total investments across subsidiaries and associates amounted to ₹15,406 crore.
ESG and Sustainability Leadership
Hero MotoCorp achieved remarkable sustainability milestones, ranking #1 globally among two-wheelers in the Dow Jones Sustainability Index. The company maintained 500% water positivity, 100% zero waste-to-landfill operations, and progressed to 45% carbon neutrality toward its 2030 goal. CSR initiatives reached 5.28 lakh beneficiaries with spending of ₹97.3 crore.
Corporate Governance and Compliance
The Board comprised 10 directors with 50% independent directors and 30% women representation. The company maintained 100% attendance in Board and committee meetings, with unmodified audit reports from statutory auditors. Compliance with SEBI Listing Regulations and Companies Act requirements was fully maintained.
Forward-looking Strategy and Initiatives
The company outlined strategic focus on electric mobility, premiumisation, global expansion, and core business strengthening. Planned capex of ₹1,500 crore in FY27 will support EV capacity doubling and ICE expansion. The 43rd AGM is scheduled for August 5, 2026, to be held virtually with remote e-voting available from July 31 to August 4, 2026.