Hero MotoCorp Q4 FY26: 24% retail growth, 6.5M total FY26 dispatches

HEROMOTOCO · price

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Price reaction · full curve 14 horizons · vs prior close

-0.6%1-day move

₹5138.50

prior close

₹5076.00

base price

After-mkt

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AI summary

Hero MotoCorp reported March 2026 dispatches of 598,198 units, up ~9% YoY from 549,604. Retail VAHAN registrations grew ~24% to 542,436. FY26 total dispatches reached 6.5 million units, up ~10% YoY. The ICE scooter segment grew 24% in March, driven by Glamour and Xtreme motorcycles. VIDA EV business hit a record 21,434 monthly registrations (~70% MoM) and 154% FY26 growth. Global exports reached 45,693 units in March (+16% YoY) with ~40% growth in FY26. Demand was led by 100-125cc motorcycles and rural festive tailwinds.

Likely market impact

Strong volumes across motorcycles, scooters, EVs, and exports signal robust demand and growth momentum for the company.