Hero MotoCorp jumps 4% on upbeat annual report, outlines global push and EV momentum
Shares of Hero MotoCorp rallied 4 percent to Rs 4,414 on July 15, emerging as the top Nifty gainer, after the company outlined an ambitious global expansion plan and upbeat guidance in its latest annual report. The two-wheeler major said it will enter key European markets—Germany, France, Spain, and the UK—in the second quarter of FY26, signalling a renewed international push.
In FY25 so far, Hero has stepped up its focus on the 125cc motorcycle segment. The Xtreme 125R has emerged as a strong performer, supported by the Glamour model. The company has recorded quick market share gains in this category and expects the trend to continue.
Follow our LIVE blog for all the latest market updates
On the premium front, Hero’s strategy is gradually taking shape with models like the Xtreme 250R and Xpulse 210, alongside its Harley-Davidson tie-up for the X440, the annual report said. These launches have drawn a favourable response, and the company expects momentum to build through FY26.
In the scooter segment, new models such as the Destini 125 and Xoom 125 have contributed to volume growth. Hero believes scooters will play a larger role in broadening its market presence and plans to introduce more differentiated products in the space.
Also read: Glenn Saldanha on how the landmark AbbVie deal will change Glenmark's fortunes
Electric vehicles are also a key area of focus. Hero reported its highest-ever EV sales in FY24, growing nearly 200 percent over the previous year. The company has also entered the sub-Rs 1 lakh mass market with the VIDA V2 lineup. With the upcoming VX2 launch, Hero aims to further strengthen its position in the EV segment.
In FY26, the Indian two-wheeler industry is expected to carry forward the momentum seen over the past three years. The outlook remains positive, supported by factors such as improving rural demand, a rebound in core motorcycle and scooter sales, continued growth in electric vehicle (EV) adoption, and expectations of a higher overall industry growth rate.
Read more: Tesla Model Y launched in India at Rs 60 lakh
Hero MotoCorp reported a revenue of Rs 40,756.37 crore for the year ended March 31, 2025 (FY25), up from Rs 37,455.72 crore in the previous fiscal. Profit after tax rose to Rs 4,609.95 crore in FY25, compared to Rs 3,967.96 crore in FY24, reflecting strong operational performance.
Sales volumes for FY25 stood at 59 lakh units, an increase from 56 lakh units in FY24. The growth was driven by sustained demand in the scooter and premium motorcycle segments, a recovery in rural markets, and a series of product updates. This marks a continued upward trend from 53 lakh units in FY23 and 49 lakh in FY22, though still below the pre-pandemic high of 58 lakh in FY21.
Earnings per share (EPS) rose to Rs 231 in FY25, from Rs 199 in FY24. The increase was supported by healthy earnings growth and the company’s focus on delivering value to shareholders. EPS has steadily improved over the past few years, rising from Rs 146 in FY23 and Rs 124 in FY22.
At about 11:30 am, shares of the company were trading at Rs 4,410, higher by 3.72 percent from the last close on the NSE. Hero MotoCorp shares have risen 6 percent since the start of the year.
Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.