Hero Motors Q2 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹5,370 Cr
- P/E
- 108.31
- ROE
- 9.81%
- Price to sales
- 4.51
- Debt to equity
- 0.99
- 52W high / low
- ₹179 / ₹80.5
- EBITDA margin
- 10.31%
- Net profit margin
- 3.51%
- Promoter holding
- 61.63%
- Sales (last year)
- ₹1,188 Cr
Incorporated in April 1998, Hero Motors Limited is an automotive technology company engaged in designing, developing, manufacturing, and supplying engineered powertrain solutions to automotive original equipment manufacturers (OEMs).[1]
Potential multibaggers · Q2 FY27
Potential multibaggers in Auto Components
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Peers
Auto Components companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Flat | ₹2,874 Cr | 45.4 | |
| 2 | 40%+ | Flat | ₹2,116 Cr | 55.2 | |
| 3 | 40%+ | Flat | ₹370 Cr | 15.1 | |
| 4 | 20–40% | Up 2%+ | ₹25,664 Cr | 73.6 | |
| 5 | 20–40% | Up 0–2% | ₹21,742 Cr | 33.9 | |
| 6 | 20–40% | Up 0–2% | ₹11,707 Cr | 41.0 |
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Pro shows every company guiding 40%+ revenue growth →Full Auto Components rankingFinancials of Hero Motors
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Shareholder Pattern
Hero Motors
Shareholding breakup across reporting periods.
| Sep 2026 | |
|---|---|
| Promoters + | 61.62% |
| FIIs + | 1.73% |
| DIIs + | 11.23% |
| Public + | 25.40% |
| No. of Shareholders | 2,42,246 |
Pros & Cons
Hero Motors
Key positives and risks surfaced from the company insights section.
- Company has a low return on equity of 6.45% over last 3 years.
- Company has a low return on equity of 6.45% over last 3 years.
Financials of Hero Motors
Quarterly Results
Quarter-by-quarter operating performance
| Sales + |
| Expenses + |
| Operating Profit |
| OPM % |
| Other Income + |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| Net Profit + |
| EPS in Rs |
Financials of Hero Motors
Profit & Loss
Annual income statement trend
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Sales + | 1,064 | 1,090 | 1,188 |
| Expenses + | 996 | 996 | 1,066 |
| Operating Profit | 68 | 93 | 123 |
| OPM % | 6% | 9% | 10% |
| Other Income + | 19 | 22 | 26 |
| Interest | 35 | 38 | 42 |
| Depreciation | 29 | 38 | 46 |
| Profit before tax | 24 | 39 | 61 |
| Tax % | 30% | 16% | 33% |
| Net Profit + | 17 | 33 | 41 |
| EPS in Rs | 0.38 | 0.71 | 1.22 |
| Dividend Payout % | 0% | 0% | 0% |
Financials of Hero Motors
Balance Sheet
Capital structure and asset base
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Equity Capital | 354 | 357 | 358 |
| Reserves | 32 | 68 | 116 |
| Borrowings + | 334 | 432 | 471 |
| Other Liabilities + | 340 | 306 | 421 |
| Total Liabilities | 1,059 | 1,162 | 1,366 |
| Fixed Assets + | 409 | 548 | 644 |
| CWIP | 78 | 67 | 95 |
| Investments | 8 | 5 | 5 |
| Other Assets + | 565 | 543 | 622 |
| Total Assets | 1,059 | 1,162 | 1,366 |
Financials of Hero Motors
Cash Flows
Operating, investing and financing cash movement
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Cash from Operating Activity + | 132 | 48 | 144 |
| Cash from Investing Activity + | -77 | -135 | -69 |
| Cash from Financing Activity + | -20 | 54 | -62 |
| Net Cash Flow | 35 | -33 | 13 |
| Free Cash Flow | -1 | -104 | 52 |
| CFO/OP | 206% | 64% | 129% |
Financials of Hero Motors
Ratios
Working capital efficiency and return ratios
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Debtor Days | 67 | 68 | 78 |
| Inventory Days | 102 | 110 | 110 |
| Days Payable | 77 | 79 | 74 |
| Cash Conversion Cycle | 92 | 99 | 114 |
| Working Capital Days | -17 | -17 | -26 |
| ROCE % | 10% | 11% |
Continue your research
What Hero Motors's management said in earlier quarters
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