Hero MotoCorp Limited stands as the world's largest manufacturer of motorcycles and scooters, commanding a significant position in the global two-wheeler industry. Hero MotoCorp is the world's largest manufacturer of motorcycles and scooters, with a global footprint spanning 48 countries across Asia, Africa and Latin America. Hero MotoCorp Limited was incorporated in January 1984 under the name 'Hero Honda Motors Limited' In July 2011 the company changed their name from Hero Honda Motors Limited to Hero MotoCorp Limited. The company was originally established as a joint venture between Honda Motor Company of Japan and the Hero Group, transforming into an independent entity following the termination of the joint venture.
Hero MotoCorp has established itself as a dominant force in India's two-wheeler market while expanding its international presence. The New Delhi-headquartered two-wheeler major currently sells its products in 48 countries across Asia, Africa, and Latin America. The company operates through multiple manufacturing facilities and maintains an extensive distribution network to serve its global customer base.
The company has demonstrated strong financial performance in recent years. For the full year,net profit rose 16.92% to Rs 4378.48 crore in the year ended March 2025 as against Rs 3744.83 crore during the previous year ended March 2024. Sales rose 8.30% to Rs 40923.42 crore in the year ended March 2025 as against Rs 37788.62 crore during the previous year ended March 2024. The company's quarterly performance for Q4 FY25 showed robust growth, with Net profit of Hero MotoCorp rose 24.21% to Rs 1161.33 crore in the quarter ended March 2025 as against Rs 935.01 crore during the previous quarter ended March 2024. Sales rose 3.67% to Rs 9969.81 crore in the quarter ended March 2025 as against Rs 9616.68 crore during the previous quarter ended March 2024.
Hero MotoCorp maintains a strong balance sheet with minimal debt burden. Company is almost debt free. Stock is providing a good dividend yield of 3.80%. Company has been maintaining a healthy dividend payout of 73.7% The company's board has recommended a Final Dividend of Rs.65 per share (i.e.3250%), subject to the approval of the shareholders for FY25.
As of July 2025, Hero MotoCorp commands a substantial market capitalization. Market Cap ₹ 86,907 Cr. The company is a constituent of major market indices, being Part of Nifty 50 BSE 500 BSE 100 BSE 200 Nifty 500 BSE Auto Nifty 100 Nifty India Consumption Nifty Auto Nifty 200 Nifty Dividend Opportunities 50 Nifty Low Volatility 50 Nifty50 Value 20 indices, reflecting its blue-chip status in the Indian equity market.
Hero MotoCorp offers a comprehensive range of two-wheelers across multiple segments. Its motorcycle products include XTREME 200S, XTREME 160R BS6, XPULSE 200T, XPULSE 200 4V, XPULSE 200 BS6, SUPER SPLENDOR BS6, SPLENDOR ISMART BS6, SPLENDOR+ BS6, PASSION PRO BS6, NEW SUPER SPLENDOR, GLAMOUR BS6, NEW GLAMOUR and GLAMOUR XTEC. The company's scooter portfolio includes Destini 125 XTEC, Maestro Edge 110, Maestro Edge 125, Pleasure+ XTEC, XOOM, Vida V1.
The company has been strengthening its premium segment presence. Products & Brands Premium Segment : Karizma XMR, H-D X440, MAVRICK 440. It has 7 models in 2024. The Premium segment contributed ~25% to the revenue mix Q3FY24. It has collaborations with Harley-Davidson and Zero Motorcycles and strategic investments in Ather Energy and Euler Motors.
Hero MotoCorp has made significant strides in the electric vehicle segment through its VIDA brand. Hero Electric has been around for years, while Hero MotoCorp recently launched its first electric scooter under the Vida brand. In fact, Hero MotoCorp has no association with Hero Electric. The company launched its first electric scooter in 2022 and has been expanding its EV portfolio systematically.
Hero MotoCorp dispatches 5.54 lakh vehicles in June 2025, 10% growth; launches new EV scooter and Harley models. Hero launches VIDA VX2 EVOOTER electric scooter with BaaS, starting ₹59,490, 5-year warranty, 3600+ charging points. The VIDA VX2 represents Hero's entry into the affordable electric scooter segment, featuring an innovative Battery-as-a-Service model that reduces upfront ownership costs.
Hero MotoCorp's VIDA electric scooter range is currently priced between Rs 1-1.5 lakh, including state subsidies, in India. The company currently sells the VIDA range in over 230 cities and towns in the country, with over 400 sales touchpoints. The company has ambitious plans for EV expansion, with In the next six months, there will be a lot of action in the product portfolio (in the EV space). We will be launching products (under VIDA range) in the more affordable segments as well according to CEO Niranjan Gupta.
Hero MotoCorp operates a robust manufacturing infrastructure. It has eight manufacturing facilities, including six in India (Dharuhera, Chittoor, Gurugram, Haridwar, Neemrana, Gujarat) and one each in Colombia and Bangladesh. The company maintains an extensive distribution network with over six thousand sales and services outlets spread across the country.
The company has maintained strong sales momentum. Motorcycle sales aggregated to 4,75,164 units (up 0.84% YoY) and Scooter sales added up to 32,537 units (up 20.8% YoY) in May 2025. Hero MotoCorp's monthly wholesales rise 10% YoY to 5.5 lakh units in June; exports up 140% YoY demonstrating consistent growth across product categories.
Hero MotoCorp is positioning itself for future growth through strategic initiatives. The company announced plans to enter countries like the UK, Italy, Spain and France in the second half of 2025. The company plans to enter the European markets, riding on a new electric scooter - VIDA Z. The company is also developing premium motorcycles and electric vehicles to capture emerging market opportunities.
The company's management remains optimistic about future prospects, with strategic investments in electric mobility and international expansion forming key pillars of its growth strategy. Hero MotoCorp continues to leverage its manufacturing expertise, distribution network, and brand equity to maintain its leadership position in the global two-wheeler market while transitioning toward sustainable mobility solutions.
