HEROMOTOCONSEHero MotoCorp Limited· Automobiles - 2 And 3 WheelersHighNeutral
Announced Tue, 5 May · 19:27 IST

The Board of Directors at its meeting held today, viz. May 5, 2026 has considered and approved the matters given in the attached file.

Pat Growth 25pctExceptional ItemResults View source PDF

HEROMOTOCO · price

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Price reaction · full curve 14 horizons · vs prior close
+4.4%1-day move
₹5127.00
prior close
₹5240.00
base price
After-mkt
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AI summary

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.

Likely market impact

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.