Hero MotoCorp Ltd

While the company's domestic sales rose by 11% YoY to 510,086 units, exports grew by 27% YoY to 39,518 units during the period under review. The company's motorcycle sales and scooter sales for March 2025 were 506,641 units (up 11% YoY) and 42,963 units (up 28% YoY), respectively. VIDA, which is Hero's electric mobility brand, also saw strong momentum in March 2025. It has dispatched 7,787 units of its electric scooter ' VIDA V2 ' during the period under review, reflecting positive market response. Hero MotoCorp has registered sales of 5,899,187 units in FY25, which is higher by 5% as compared with the figure of 5,621,455 units for FY24. The company sold 5,611,758 units in FY25 in India, achieving growth of 4% over FY24. Hero continued its strong momentum in global markets, reaching 287,429 units in FY25 - a robust 43% increase from 200,923 units sold in the previous fiscal year. Between April 2024 and March 2025, VIDA managed to sustained its growth trajectory as it dispatched over 58,000 electric scooters. To enhance customer experience and offer a hassle-free riding experience, the company has established an expansive VIDA fast charging network with over 3,600 charging points across 250+ cities in India and it also has an extensive network of over 500 service stations. The company sold more than 11,000 units of the Harley Davidson X440 during FY25, maintaining its position in the premium motorcycle segment. To make its premium portfolio more accessible, Hero MotoCorp established over 80 Premia dealerships across the country till date. These outlets feature dedicated sections for Hero, VIDA, and Harley-Davidson products. The company expanded its Hero 2.0 network to 930 outlets. Following the launch of the new Destini 125 scooter, the company commenced the dispatches of the Xoom 125 scooter during March 2025. It also commenced bookings for Xpulse 210 and Xtreme 250R premium motorcycles. In March 2025, Hero MotoCorp announced it will make a strategic investment into the electric three-wheeler category by acquiring a significant stake in Euler Motors. The company's board has approved a strategic investment of up to Rs 525 crore, in Euler Motors. Hero MotoCorp is engaged in the manufacturing and selling of motorised two-wheelers, spare parts and related services. The Company is a leading two wheeler manufacturer and has a dominant presence in domestic market. The company had reported 12.1% increase in standalone net profit to Rs 1,202.84 crore in Q3 FY25 as compared with Rs 1,073.38 crore in Q3 FY24. Revenue from operations rose 5% to Rs 10,210.78 crore in Q3 FY25. Powered by Capital Market - Live

Hero MotoCorp Ltd is up for a third straight session in a row. The stock is quoting at Rs 3740.75, up 2.6% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.49% on the day, quoting at 23601. The Sensex is at 77621.87, up 0.43%. Hero MotoCorp Ltd has risen around 1.62% in last one month. Meanwhile, Nifty Auto index of which Hero MotoCorp Ltd is a constituent, has risen around 5.11% in last one month and is currently quoting at 21742.8, down 0.91% on the day. The volume in the stock stood at 6.45 lakh shares today, compared to the daily average of 6.87 lakh shares in last one month. The benchmark March futures contract for the stock is quoting at Rs 3748.2, up 2.78% on the day. Hero MotoCorp Ltd is down 20.79% in last one year as compared to a 5.71% gain in NIFTY and a 0.59% gain in the Nifty Auto index.The PE of the stock is 16.04 based on TTM earnings ending December 24.Powered by Capital Market - Live

The key equity indices traded with limited gains in morning trade. The Nifty traded above 23,250 mark. Realty shares jumped for the fourth consecutive trading session. At 10:25 IST, the barometer index, the S&P BSE Sensex, advanced 221.22 points or 0.29% to 76,569.28. The Nifty 50 index added 75.60 points or 0.33% to 23,266.25. The broader market broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 0.97% and the S&P BSE Small-Cap index added 1.72%. The market breadth was strong. On the BSE, 2,791 shares rose and 782 shares fell. A total of 167 shares were unchanged. Buzzing Index: The Realty index advanced 2.19% to 873.10. The index jumped 9.53% in the four consecutive trading sessions. Raymond (up 7.1%), Mahindra Lifespace Developers (up 3.92%), Phoenix Mills (up 3.6%), Godrej Properties (up 3.17%), Prestige Estates Projects (up 3.06%) were the top gainers. Among the other gainers were DLF (up 1.97%), Sobha (up 1.97%), Oberoi Realty (up 1.66%), Macrotech Developers (up 0.38%) and Brigade Enterprises (up 0.26%) advanced. Stocks in Spotlight: Hero MotoCorp added 1.88% after the company announced the acquisition of a significant stake in Euler Motors for an aggregate amount of Rs 525 crore. Glenmark Pharmaceuticals rose 1.95% after its US subsidiary, Glenmark Pharmaceuticals Inc., USA, received approval from the US Food & Drug Administration (USFDA) for its Olopatadine Hydrochloride Ophthalmic Solution USP, 0.2% (OTC). Tata Consultancy Services partnered with The Cumberland Building Society in the UK to modernize its core banking ecosystem. TCS will deploy its digital banking solution, TCS BaNCS for Core Banking, along with TCS Digital Home Lending Solution and Quartz for Compliance, to drive innovation and operational efficiency.Powered by Capital Market - Live

The investment in Euler Motors would be made in one or more tranches. Euler Motors has a presence in 30 cities in India and is engaged in the designing, manufacturing and sale & service of electric three-wheelers. They recently launched their first electric commercial four-wheeler. This investment will provide Hero MotoCorp with a strong foothold in the fast-growing electric three-wheeler market, where EVs are projected to account for 35% of total sales in the near future. Dr. Pawan Munjal, executive chairman, Hero MotoCorp, said: 'Our strategic investment in Euler is a bold step towards realizing our vision to Be the Future of Mobility. This investment reinforces our commitment to accelerated growth through both organic and inorganic expansion, while highlighting the power of collaboration and adaptability in an ever-evolving market.' Hero MotoCorp is engaged in the manufacturing and selling of motorised two-wheelers, spare parts and related services. The Company is a leading two wheeler manufacturer and has a dominant presence in domestic market. The company had reported 12.1% increase in standalone net profit to Rs 1,202.84 crore in Q3 FY25 as compared with Rs 1,073.38 crore in Q3 FY24. Revenue from operations rose 5% to Rs 10,210.78 crore in Q3 FY25. Powered by Capital Market - Live

Hero MotoCorp Ltd is down for a fifth straight session today. The stock is quoting at Rs 3511.85, down 3.27% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.24% on the day, quoting at 22065.45. The Sensex is at 72927.14, down 0.22%.Hero MotoCorp Ltd has lost around 17.76% in last one month.Meanwhile, Nifty Auto index of which Hero MotoCorp Ltd is a constituent, has eased around 13.98% in last one month and is currently quoting at 20538.15, down 1.5% on the day. The volume in the stock stood at 5.75 lakh shares today, compared to the daily average of 6.43 lakh shares in last one month. The benchmark March futures contract for the stock is quoting at Rs 3529.2, down 3.22% on the day. Hero MotoCorp Ltd tumbled 23.49% in last one year as compared to a 1.3% slide in NIFTY and a 4.22% fall in the Nifty Auto index.The PE of the stock is 15.97 based on TTM earnings ending December 24.Powered by Capital Market - Live

Hero MotoCorp dispatched 3.88 lakh units in February 2025. The company dispatched 357,296 units in the domestic market. VIDA, Hero MotoCorp's electric vehicle brand, continued to register growth with dispatches of 6,200 units, highlighting the increasing popularity of the VIDA V2 range and VIDA's aspirational, accessible, and affordable position. The company's global sales grew 33% in February 2025 compared to the same month last year, with over 30,000 units dispatched. This marks the third consecutive month that the company has surpassed 30,000 units in global sales. It anticipates momentum increase in the coming months owing to the upcoming marriage season and new product launches. Strengthening the 125cc scooter portfolio, the company has already started the deliveries of Destini 125 across the country and will soon commence the dispatches of the Xoom 125.   Feb'25 Feb'24  % Change  Motorcycles     3,52,312    4,36,929 -19% Scooters        35,756       31,481 14% Total     3,88,068    4,68,410 -17% Domestic     3,57,296    4,45,257 -20% Exports        30,772       23,153 33%Powered by Capital Market - Live

Hero MotoCorp Ltd is down for a fifth straight session today. The stock is quoting at Rs 3882.45, down 1.87% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.87% on the day, quoting at 22830.85. The Sensex is at 75660.79, down 0.63%.Hero MotoCorp Ltd has lost around 5.58% in last one month.Meanwhile, Nifty Auto index of which Hero MotoCorp Ltd is a constituent, has eased around 3.16% in last one month and is currently quoting at 22344.3, down 1.56% on the day. The volume in the stock stood at 2.72 lakh shares today, compared to the daily average of 5.52 lakh shares in last one month. The benchmark February futures contract for the stock is quoting at Rs 3882.9, down 2.16% on the day. Hero MotoCorp Ltd tumbled 19.4% in last one year as compared to a 4.2% rally in NIFTY and a 10.08% spurt in the Nifty Auto index.The PE of the stock is 17.4 based on TTM earnings ending December 24.Powered by Capital Market - Live

Revenue from operations rose 5% to Rs 10,210.78 crore in Q3 FY25. Hero MotoCorp sold 14.64 lakh units of motorcycles and scooters in third quarter of FY25, up 0.27% from 14.60 lakh units sold in Q3 FY24. Profit before tax (PBT) jumped 12.3% to Rs 1,591.64 crore during the quarter. Earnings before interest, tax, depreciation & amortization (EBITDA) stood at Rs 1,476 crore in Q3 FY25, up 8% YoY. EBITDA margin expanded over the previous year and stood at 14.5% in the quarter ended 31st December 2024. Hero MotoCorp gained market share in the 100cc segment through Splendor and in the 125cc segment through Xtreme 125R and Super Splendor. It also reported the highest-ever quarterly retail sales, led by the highest-ever festive retail. The company's growth was also led by robust performance in both the EV and global businesses. VIDA reported highest-ever monthly retails and gained market share during the quarter. The company also gained momentum in global business, growing ahead of the industry, Bangladesh and Colombia leading the way. The company said that it has recently launched four products at the Bharat Mobility 2025, bolstering presence in premium and scooter segment. The deliveries of the new products will commence in March 2025. Vivek Anand, chief financial officer (CFO), Hero MotoCorp, said, 'The performance in this quarter and fiscal year, reflects the successful execution of our strategic priorities. Demonstrating strong year-to-date results in both top-line and bottom-line growth, we have achieved the highest-ever nine-month revenue and profits. The Union Budget 2025's emphasis on tax relief for the middle class, along with continued investment in infrastructure and support for the agricultural sector, is expected to boost consumer confidence and drive demand growth in the auto industry.' Meanwhile, the company's board has declared an interim dividend of Rs 100 per share for FY25. The record date for the interim dividend has been set for 12th February 2025. The payment of dividend will be completed by 8 March 2025. Further, the company shall enter into an arrangement with CleanMax Enviro Energy Solutions Private (CleanMax) to set up a special purpose vehicle (SPV). The company plans to invest upto Rs 5.15 crore for acquisition of 26% shareholding in the SPV. The objective of the investment is to increase renewable footprint under Group Captive mechanism with equity investment by the company in SPV to be created by CleanMax under Green Energy Open Access Regulations 2023 of Haryana Electricity Regulatory Commission. Hero MotoCorp is engaged in the manufacturing and selling of motorised two-wheelers, spare parts and related services. The Company is a leading two wheeler manufacturer and has a dominant presence in domestic market. The counter rose 0.15% to Rs 4,237.05 on the BSE.Powered by Capital Market - Live

Net profit of Hero MotoCorp rose 1.29% to Rs 1107.55 crore in the quarter ended December 2024 as against Rs 1093.41 crore during the previous quarter ended December 2023. Sales rose 4.82% to Rs 10259.89 crore in the quarter ended December 2024 as against Rs 9787.86 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales10259.899787.86 5 OPM %13.8014.15 - PBDT1705.851650.00 3 PBT1496.941456.08 3 NP1107.551093.41 1 Powered by Capital Market - Live

Hero MotoCorp announced that the Board of Directors of the Company at its meeting held on 6 February 2025, inter alia, have recommended the interim dividend of Rs 100 per equity Share (i.e. 5000%) , subject to the approval of the shareholders.Powered by Capital Market - Live