The Board of Directors at its meeting held today, viz. May 5, 2026 has considered and approved the matters given in the attached file.
HEROMOTOCO · price
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Hero MotoCorp reported FY2026 standalone revenue of Rs.46,830 crore (up ~15% YoY) and PAT of Rs.5,268 crore (up ~14% YoY), with EPS at Rs.263.34. Consolidated revenue stood at Rs.47,411 crore and consolidated PAT at Rs.5,776 crore (up ~32% YoY), boosted by associate contributions. The auditor (Deloitte Haskins & Sells LLP) issued an unmodified opinion on both standalone and consolidated results. The Board recommended a final dividend of Rs.75 per share (3,750%), bringing the total FY2026 dividend to Rs.185 per share (9,250%). An exceptional charge of Rs.119 crore was recorded for new Labour Code implementation. Dr. Pawan Munjal and Mr. Suman Kant Munjal are proposed for re-appointment as directors at the August 5, 2026 AGM. The company noted uncertainty around ELV and Battery Waste Management rules obligations, unable to quantify contingent liabilities.
Strong full-year results with ~32% PAT growth on consolidated basis is positive. Clean audit with no qualifications, and generous dividend payout (total Rs.185/share) signals confidence. Uncertainty on EPR/waste regulations is a watch item for future quarters.