Arthneeti
All Q2 FY27 results →
HM

Hero MotoCorp Ltd

Q2 FY27Automobiles

Hero MotoCorp Q2 Results 2026 (FY27): Revenue ₹14,687 Cr, PAT ₹1,456 Cr

Q2 FY27 investor presentation: what the company reported on revenue, margins and capex.

Price₹5,323
Market cap₹1.1L Cr
P/E19.2
Updated28 Oct 2026
Read4 min read

Based on Hero MotoCorp Ltd's Q2 FY27 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the investor presentation reports, not management guidance.

The short version

Q2 FY27 Revenue from Operations: ₹14,687 Cr, up 21% YoY from ₹12,126 Cr in Q2 FY26 (Page 5) - Q2 FY27 Profit After Tax: ₹1,968 Cr, up 5% YoY from ₹1,823 Cr in Q2 FY26 (Page 5) - Q2 FY27 EBITDA: ₹1,456 Cr, up 4% YoY from ₹1,393 Cr in Q2 FY26, EBITDA margin at 13.4% (Page 5) - Q2 FY27 Total Dispatches (Volumes): 1,868,000 units, up 6.5% YoY from 1,751,000 units in Q2 FY26 (Page 7) - Motorcycles: 1,628,000 units, +2.2% YoY (calculated from provided data) - Scooters (ICE + EV): 240,000 units, +47.3% YoY (Page 7) - Q2 FY27 Vida Retails: 67,000 units, up from 38,000 units in Q2 FY26 (Page 12) - Outlook: Capacity expansion to 9.2 million units by March 2027 (up from 8.63 million in FY26) indicating intent to meet rising demand (Page 16) - Q2 FY27 EBITDA: ₹1,968 Cr, up 8% YoY from ₹1,823 Cr in Q2 FY26.

From Hero MotoCorp Ltd's Q2 FY27 earnings-call transcript · updated 28 Oct 2026.

Revenue & Sales Performance

  • Q2 FY27 Revenue from Operations: ₹14,687 Cr, up 21% YoY from ₹12,126 Cr in Q2 FY26 (Page 5)
  • Q2 FY27 Profit After Tax: ₹1,968 Cr, up 5% YoY from ₹1,823 Cr in Q2 FY26 (Page 5)
  • Q2 FY27 EBITDA: ₹1,456 Cr, up 4% YoY from ₹1,393 Cr in Q2 FY26, EBITDA margin at 13.4% (Page 5)
  • Q2 FY27 Total Dispatches (Volumes): 1,868,000 units, up 6.5% YoY from 1,751,000 units in Q2 FY26 (Page 7)
  • Motorcycles: 1,628,000 units, +2.2% YoY (calculated from provided data)
  • Scooters (ICE + EV): 240,000 units, +47.3% YoY (Page 7)

2 more points from Hero MotoCorp Ltd's call on revenue

Create a free account to keep reading this call

Profitability & Margins

  • Q2 FY27 EBITDA: ₹1,968 Cr, up 8% YoY from ₹1,823 Cr in Q2 FY26.
  • Q2 FY27 Profit After Tax (PAT): ₹1,456 Cr, up 5% YoY from ₹1,393 Cr in Q2 FY26.
  • Commodity pressures partially offset by savings indicated.

Capital Expenditure Plans

  • Expanding capacity to 9.2 million units by March 2027 (FY26 capacity: 8.63 million units)
  • Neemrana plant: Dedicated premium line to accelerate premium portfolio growth (status: completed as on date)
  • Augmenting EV capacity to meet increased demand for VIDA VX2 (status: completed as on date)
  • Greenfield expansion in Tirupati to enhance parts availability in India and global markets (status: completed as on date)

2 more points from Hero MotoCorp Ltd's call on capex

Create a free account to keep reading this call

Top-ranked in Automobiles

Ranked on what management guided this quarter

Guidance-ranked
1Ather Energy Ltd
Rev 1Mar 3
2Zelio E-Mobility Ltd
Rev 1Mar 3
3
Rev 2Mar 3
4
Rev 2Mar 3
5
Rev 2Mar 3
Sign up free to see 3 moreTakes 30 seconds · no cardSign up

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Hero MotoCorp Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

See what Hero MotoCorp Ltd said on order book & pipeline — free account, 30 seconds.

Hero MotoCorp Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024Q3 FY25
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26

Q2 FY27 figures are not in this chart yet. Latest shown: Mar 2026 (Q4 FY26). The Q2 FY27 numbers from the filing are in the analysis on this page.

Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹13.0K Cr, net profit ₹1.5K Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

Continue your research

What Hero MotoCorp Ltd's management said in earlier quarters

Others in Automobiles this season

  • Hyundai Motor India Ltd (Q2 FY27)

    Q2 FY27 Revenue: ₹206,961 Mn, YoY increase of 9.3% (Page 16) . Key investor presentation takeaways from Hyundai Motor India Ltd's Q2 FY27 investor presentation

  • TVS Motor Company Ltd (Q2 FY27)

    17,103 Crores, up 44% from Rs. Key investor presentation takeaways from TVS Motor Company Ltd's Q2 FY27 investor presentation — and how it ranks against sector

  • Maruti Suzuki India Ltd (Q2 FY27)

    Q2 FY’27 Sales Volume: 696,654 units, up 26.5% YoY (from 550,874 in Q2 FY’26) . Key investor presentation takeaways from Maruti Suzuki India Ltd's Q2 FY27 inves

  • Ather Energy Ltd (Q2 FY27)

    Vehicles sold in Q2 FY27: 66,000 units; +67% YoY (Q2 FY26: 42,000 units approx.) . Key investor presentation takeaways from Ather Energy Ltd's Q2 FY27 investor

Compare:vs Maruti Suzuki India Ltdvs M & Mvs Bajaj Auto Ltd

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Arthneeti Pro · Annual

Hero MotoCorp Ltd and 15K+ more earnings calls,
for less than your morning chai

a day

Every earnings call, ranking and concall Q&A across all four results seasons.

Secure Razorpay payment · instant access

Frequently Asked Questions

What were Hero MotoCorp Ltd Q2 FY27 results?

Q2 FY27 Revenue from Operations: ₹14,687 Cr, up 21% YoY from ₹12,126 Cr in Q2 FY26 (Page 5) - Q2 FY27 Profit After Tax: ₹1,968 Cr, up 5% YoY from ₹1,823 Cr in Q2 FY26 (Page 5) - Q2 FY27 EBITDA: ₹1,456 Cr, up 4% YoY from ₹1,393 Cr in Q2 FY26, EBITDA margin at 13.4% (Page 5) - Q2 FY27 Total Dispatches (Volumes): 1,868,000 units, up 6.5% YoY from 1,751,000 units in Q2 FY26 (Page 7) - Motorcycles: 1,628,000 units, +2.2% YoY (calculated from provided data) - Scooters (ICE + EV): 240,000 units, +47.3% YoY (Page 7) - Q2 FY27 Vida Retails: 67,000 units, up from 38,000 units in Q2 FY26 (Page 12) - Outlook: Capacity expansion to 9.2 million units by March 2027 (up from 8.63 million in FY26) indicating intent to meet rising demand (Page 16) - Q2 FY27 EBITDA: ₹1,968 Cr, up 8% YoY from ₹1,823 Cr in Q2 FY26.

What is Hero MotoCorp Ltd share price analysis?

Hero MotoCorp Ltd currently shows a neutral. The stock trades at a P/E of 19.2 with a market cap of ₹106,525 Cr. Investors should review the full earnings analysis for detailed insights.

Is Hero MotoCorp Ltd planning capital expenditure?

Expanding capacity to 9.2 million units by March 2027 (FY26 capacity: 8.63 million units) - Neemrana plant: Dedicated premium line to accele

Keep Hero MotoCorp Ltd on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.