Hero MotoCorp Ltd - Stock Valuation and Financial Performance

BSE: 500182 | NSE: HEROMOTOCO | Automobile Two & Three Wheelers | Large Cap

Hero MotoCorp Share Price

4,532.80 -22.25 -0.49%
as on 19-Mar'24 12:34

DeciZen - make an informed investing decision on Hero MotoCorp

Overall Rating
Bole Toh

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Semi Strong

Hero MotoCorp stock performance -

mw4me loader
P/E Ratio (SA):
23.90
Market Cap:
91,065.4 Cr.
52-wk low:
2,246.8
52-wk high:
4,980

Is Hero MotoCorp Ltd an attractive stock to invest in?

1. Is Hero MotoCorp Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Hero MotoCorp Ltd is a good quality company.

2. Is Hero MotoCorp Ltd undervalued or overvalued?

The key valuation ratios of Hero MotoCorp Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Hero MotoCorp Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Hero MotoCorp Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Hero MotoCorp:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Hero MotoCorp Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 32.4%35%39.4%34.7%32.5%26.7%22.6%19.6%15.5%17.6%-
Value Creation
Index
1.92.12.52.11.91.41.00.70.40.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 25,27527,58528,44328,50032,23033,65128,83630,80129,24533,80636,243
Sales YoY Gr.-9.1%3.1%0.2%13.1%4.4%-14.3%6.8%-5.1%15.6%-
Adj EPS 95.6108.4151.5164.4177.9164.4152.1142.9119.5142.4190.6
YoY Gr.-13.4%39.8%8.5%8.2%-7.6%-7.5%-6%-16.4%19.2%-
BVPS (₹) 280.4327.5442.3506.1589643.2706.9759.7788.7834.1948.6
Adj Net
Profit
1,9092,1643,0253,2843,5523,2843,0372,8562,3882,8463,810
Cash Flow from Ops. 2,9632,2503,8494,0283,9819795,4104,1732,0202,579-
Debt/CF from Ops. 0.1000000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 3.3%1%5.4%15.6%
Adj EPS 4.5%-4.4%-2.2%19.2%
BVPS12.9%7.2%5.7%5.8%
Share Price 7.9% 11.6% 13.3% 92.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
3635.739.434.732.526.722.519.515.417.521.4
Op. Profit
Mgn %
1412.915.716.116.214.313.112.811.211.513.7
Net Profit
Mgn %
7.67.910.611.5119.810.59.38.28.410.5
Debt to
Equity
0.1000000000-
Working Cap
Days
4339485658738363696449
Cash Conv.
Cycle
-15-15-17-22-20-9-5-18-23-1518

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 21.40%

Sales growth is good in last 4 quarters at 10.39%

Sales growth has been subdued in last 3 years 5.44%

Net Profit has been subdued in last 3 years -2.17%

Latest Financials - Hero MotoCorp Ltd.

Standalone Consolidated
TTM EPS (₹) 190.6 180.8
TTM Sales (₹ Cr.) 36,243 36,606
BVPS (₹.) 948.6 936.4
Reserves (₹ Cr.) 18,925 18,681
P/BV 4.80 4.86
PE 23.90 25.19
From the Market
52 Week Low / High (₹) 2246.75 / 4979.95
All Time Low / High (₹) 18.00 / 4979.95
Market Cap (₹ Cr.) 91,065
Equity (₹ Cr.) 40
Face Value (₹) 2
Industry PE 32.7

Management X-Ray of Hero MotoCorp:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Hero MotoCorp

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales25,27527,58528,44328,50032,23033,65128,83630,80129,24533,806
Operating Expenses 21,74524,05824,00523,91527,02828,84725,05926,87825,97929,944
Manufacturing Costs597673716797780862838721759875
Material Costs18,22919,75319,31419,02821,83323,30919,68321,75020,80523,840
Employee Cost 8821,1051,2251,2791,3871,5321,6361,6871,7111,905
Other Costs 2,0372,5272,7502,8103,0283,1452,9032,7202,7053,324
Operating Profit 3,5303,5274,4384,5865,2034,8043,7773,9223,2673,862
Operating Profit Margin (%) 14.0%12.8%15.6%16.1%16.1%14.3%13.1%12.7%11.2%11.4%
Other Income 446493422522526691778580557565
Interest 1211566922222620
Depreciation 1,098525420444478476637580548533
Exceptional Items 0-1550000677000
Profit Before Tax 2,8673,3294,4354,6585,2445,0114,5743,9003,2503,875
Tax 7589431,2751,2811,5471,626940936777964
Profit After Tax 2,1092,3863,1603,3773,6973,3853,6332,9642,4732,911
PAT Margin (%) 8.3%8.6%11.1%11.8%11.5%10.1%12.6%9.6%8.5%8.6%
Adjusted EPS (₹)105.6119.5158.3169.1185.2169.5181.9148.4123.8145.6
Dividend Payout Ratio (%)62%50%46%50%51%51%49%71%77%69%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 5,6006,5418,83310,10711,76212,84814,12115,17915,75816,669
Share Capital 40404040404040404040
Reserves 5,5606,5018,79310,06711,72212,80814,08115,13915,71916,629
Minority Interest0000000000
Debt0000000000
Long Term Debt0000000000
Short Term Debt0000000000
Trade Payables2,2912,7002,6513,2473,3193,3553,0315,2054,2604,704
Others Liabilities 2,1011,2072,0502,4223,1053,0302,6712,6952,4912,828
Total Liabilities 9,99110,44813,53415,77618,18619,23319,82323,07922,51024,202

Fixed Assets

Gross Block6,9098,1149,12610,37711,13411,62813,86514,32414,66615,194
Accumulated Depreciation4,6665,2015,5425,9826,4807,0107,7488,3368,8599,433
Net Fixed Assets2,2432,9133,5844,3964,6554,6196,1175,9885,8065,761
CWIP 846711605465318542341437458464
Investments 4,0893,1544,5815,8907,5255,9698,22310,50010,65211,010
Inventories6708156736568241,0721,0921,4701,1231,434
Trade Receivables9211,3901,2831,5621,5202,8221,6032,4272,3042,798
Cash Equivalents 118159131137141136242257175346
Others Assets1,1061,3062,6772,6713,2034,0732,2052,0011,9912,389
Total Assets 9,99110,44813,53415,77618,18619,23319,82323,07922,51024,202

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 2,9632,2503,8494,0283,9819795,4104,1732,0202,579
PBT 2,8673,3294,4354,6585,2445,0114,5743,9003,2503,875
Adjustment 69125814015771-61178178221137
Changes in Working Capital 55-337377399160-191912031070-682-583
Tax Paid -649-1,000-1,103-1,186-1,494-2,051-544-976-769-850
Cash Flow From Investing Activity -1,61912-2,206-1,944-1,9151,321-2,883-2,210-152-469
Capex -933-1,153-1,460-1,149-799-918-1,359-510-524-568
Net Investments -91,186-852-934-1,2711,929-1,861-1,814171-158
Others -678-21106139155310337115201256
Cash Flow From Financing Activity -1,415-2,231-1,687-2,096-2,047-2,294-2,420-1,941-1,939-2,041
Net Proceeds from Shares 0011320853
Net Proceeds from Borrowing 0000000000
Interest Paid -12-11-5-6-6-9-22-22-26-20
Dividend Paid -1,199-1,897-1,398-1,737-1,698-1,897-1,937-1,898-1,898-1,998
Others -204-322-285-354-346-390-460-30-20-26
Net Cash Flow -7132-44-1219610721-7170
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)39.7739.341.1135.6633.8127.5126.9420.2315.9917.95
ROCE (%)48.6653.7657.7549.2447.9940.7634.0526.7421.1523.97
Asset Turnover Ratio2.622.872.562.111.941.81.441.461.31.48
PAT to CFO Conversion(x)1.40.941.221.191.080.291.491.410.820.89
Working Capital Days
Receivable Days11141617172429242927
Inventory Days999881014151614
Payable Days42465157555259698369

Hero MotoCorp Ltd Stock News

Hero MotoCorp Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Hero MotoCorp on 19-Mar-2024 12:34 is ₹4,532.8.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 19-Mar-2024 12:34 the market cap of Hero MotoCorp stood at ₹91,065.4.
The latest P/E ratio of Hero MotoCorp as of 19-Mar-2024 12:34 is 23.90.
The latest P/B ratio of Hero MotoCorp as of 19-Mar-2024 12:34 is 4.80.
The 52-week high of Hero MotoCorp is ₹4,980 and the 52-week low is ₹2,246.8.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Hero MotoCorp is ₹36,243 ( Cr.) .

About Hero MotoCorp Ltd

Hero MotoCorp Ltd. is the world’s largest manufacturer of motorcycles and scooters. With innovation at the core of its philosophy, the New Delhi (India) headquartered Hero MotoCorp has been at the forefront of designing and developing technologically advanced motorcycles and scooters for customers around the world. It became the world’s largest two-wheeler manufacturer in 2001, in terms of unit volume sales in a calendar year, and has maintained the coveted title for the past many years. 

It has taken rapid strides to expand its presence to many countries across Asia, Africa, and South & Central America. It is a truly global enterprise with a workforce that comprises of people from different nationalities including India, Bangladesh, Colombia, Germany, Austria, Japan, and France. It is the dominant market leader in India. The story of company can be traced back to the vision of a mobile and empowered India, powered by its two wheelers. Currently, the company has made it its mission to become the best two wheeler company, not only in India but globally by setting benchmarks in style, performance and technology.

Business area of the company

Hero MotoCorp is manufacturer of motorcycles and scooters. It is India's leading two wheeler company, which has been providing customers with an excellent range of two wheelers that ensure both style and comfort.

Products

  • Xtreme 160R BS6
  • Xpulse 200 BS6
  • Passion Pro BS6
  • Splendor iSmart BS6
  • Splendor+ BS6
  • Glamour BS6
  • HF Deluxe BS6
  • Super Splendor BS6
  • Destini 125 BS6
  • Maestro Edge 125 BS6
  • Maestro Edge 110 BS6
  • Pleasure+ BS6
  • Xpulse 200T
  • Xtreme 200S

Awards and Recognition

2004

  • Winner of the Review 200 - Asia's Leading Companies Award (3rd Rank amongst the top 10 Indian companies).
  • ICSI National Award for Excellence in Corporate Governance 2004 by the Institute of Company Secretaries of India.

2005

  • Awaaz Consumer Awards 2005 Bike Maker of the Year Award by Overdrive Magazine.

2006

  • Corporate Social Responsibility Award.
  • Top Indian company in the Automobile - Two Wheeler sector by Dun & Bradstreet - American Express Corporate Awards 2006.
  • Hero Honda Splendor rated as India's most preferred two-wheeler brand at the Awaaz Consumer Awards 2006.
  • NDTV Profit Car India & Bike India Awards 2006.

2007

  • The NDTV Profit Car India & Bike India Awards 2007. 

2008

  • NDTV Profit Business Leadership Award 2008.
  • TopGear Design Awards 2008.
  • NDTV Profit Car India & Bike India Awards.
  • IndiaTimes Mindscape and Savile Row (A Forbes Group Venture) Loyalty Awards.
  • Asian Retail Congress Award for Retail Excellence (Strategies and Solutions of business innovation and transformation).
  • NDTV Profit Car India & Bike India Awards.
  • TNS Voice of the Customer Awards.

2009

  • 'Two-wheeler Manufacturer of the Year' by NDTV Profit Car & Bike Awards 2009 and Passion Pro adjudged as CNB Viewers' Choice two-wheeler.
  • Top Indian Company under the 'Automobile - Two-wheelers' sector bythe Dun & Bradstreet-Rolta Corporate Awards.
  • Won Gold in the Reader's Digest Trusted Brand 2009 in the 'Motorcycles' category.
  • NDTV Profit Business Leadership Awards 2009 - two-wheeler category.

2010

  • Rated as Top Indian Company in Automobile - Two Wheelers sector by Dun & Bradstreet - Rolta Corporate Awards 2009.
  • Most Preferred Brand of Two-Wheelers' award at the CNBC Awaaz Consumer Awards.
  • Adjudged at top of the two-wheeler category in the Brand Equity Most Trusted Brands 2010 Survey.
  • Ranked No. 3 Most Trusted Brand across categories amongst Young Adult Males.
  • Company of the Year awarded by Economic Times Awards for Corporate Excellence 2008-09.
  • CNBC TV18 Overdrive Awards 2010 'Hall of Fame' to Splendor.
  • NDTV Profit Car & Bike Awards 2010 - Two-wheeler Manufacturer of the Year, CnB Viewers' Choice Two-wheeler of the Year (Karizma ZMR) and Bike Maker of the Year by ET-ZigWheels Car & Bike of the Year Awards 2009'.

2011

  • Two-wheeler Manufacturer of the Year award by Bike India magazine.
  • Adjudged the 'Bike Manufacturer of the Year' at the Economic Times ZigWheels Car and Bike Awards.

2012

  • Business Leader in Automobiles (two-wheelers) at the NDTV Profit Business Leadership Awards 2012 (Conferred upon Mr. Pawan Munjal).
  • Best value for Money Bike Maker and Best Advertising in Two Wheelers Category at the Auto India Best Brand Awards 2012.
  • Digital Advertiser of the year at the Indian Digital Media Awards (IDMA) 2012.
  • Three awards (Launch Event of the year, Rural Engagement Progamme and Live Patron Award for Marketing Excellence) at the WOW Awards organised by EventFAQsAdvertiser of the year 2012 by Indian Digital Media Awards 2012.
  • Innovation in Loyalty Marketing Award (Initiative: Hero GoodLife Utsav) by Colloquy Loyalty Awards.
  • TPM Excellence Award 2012 by JIPM (Japan Institute of Plant Maintenance).

2013

  • Green Pioneer Award - 2013.
  • Business Leader of the Year' Award by Hon'ble President of India, Shri. Pranab Mukherjee, at the AIMA Managing India Awards 2013 on April 11, 2013 (Conferred on Mr. Pawan Munjal).
  • Business Leader of the Year' Award in the Auto (Two Wheelers) category by Deputy Chairman of the Planning Commission Mr. Montek Singh Ahluwalia, at the NDTV Business Leadership Awards 2013 (Conferred on Mr. Pawan Munjal).
  • CFO of the year Award (Conferred on Mr. Ravi Sud).

2016

  • Hero Motocorp receives TIME India Awards - Manufacturing Innovator of the Year Award.

2020

  • XPulse 200 awarded Indian Motorcycle of the Year 2020 by media houses and also awarded Tourer Bike (upto 250cc) of the Year 2020 by Flywheel Auto Awards.
  • XPulse 200 was also awarded Bike of the Year (upto 200cc) and two-wheeler of the year by Car and Bike India.
  • Maestro Edge 125 FI was chosen as Scooter of the Year 2020 by Autocar and by Car and Bike India.
  • National Award for Excellent Energy Efficient Unit by CII to Gurgaon Plant.

Milestones

1983

  • Joint Collaboration Agreement with Honda Motor Co. Ltd. Japan signed
  • Shareholders Agreement signed

1984

  • Hero Honda Motors Ltd. Incorporated

1985

  • First motorcycle 'CD 100' rolled out

1987

  • 100,000th motorcycle produced

1989

  • New motorcycle model - 'Sleek' introduced

1991

  • New motorcycle model - 'CD 100 SS' introduced
  • 500,000th motorcycle produced

1992

  • Raman Munjal Vidya Mandir inaugurated - A School in the memory of founder Managing Director, Mr. Raman Kant Munjal

1994

  • New motorcycle model - 'Splendor' introduced
  • 1,000,000th motorcycle produced

1997

  • New motorcycle model - 'Street' introduced
  • Hero Honda's 2nd manufacturing plant at Gurgaon inaugurated

1998

  • 2,000,000th motorcycle produced

1999

  • New motorcycle model - 'CBZ' introduced
  • Environment Management System of Dharuhera Plant certified with ISO-14001 by DNV Holland
  • Raman Munjal Memorial Hospital inaugurated - A Hospital in the memory of founder Managing Director, Mr. Raman Kant Munjal

2000

  • 4,000,000th motorcycle produced
  • Environment Management System of Gurgaon Plant certified ISO-14001 by DNV Holland
  • Splendor declared 'World No. 1' - largest selling single two-wheeler model
  • 'Hero Honda Passport Programme' - CRM Programme launched

2001

  • New motorcycle model - 'Passion' introduced
  • One million production in one single year
  • New motorcycle model - 'Joy' introduced
  • 5,000,000th motorcycle produced

2002

  • Becomes the first Indian Company to cross the cumulative 7 million sales mark
  • Splendor has emerged as the World's largest selling model for the third calendar year in a row (2000, 2001, 2002)
  • New motorcycle model - 'CD Dawn' introduced, New motorcycle model - 'Splendor +' introduced, New motorcycle model - 'Passion Plus' introduced, New motorcycle model - 'Karizma' introduced

2004

  • New motorcycle model - 'Ambition 135' introduced
  • Hero Honda became the World No. 1 Company for the third consecutive year.
  • Crossed sales of over 2 million units in a single year, a global record
  • Splendor - World's largest selling motorcycle crossed the 5 million mark
  • New motorcycle model - 'CBZ' introduced
  • Joint Technical Agreement renewed
  • Total sales crossed a record of 10 million motorcycles

2005

  • Hero Honda is the World No. 1 for the 4th year in a row
  • New motorcycle model - 'Super Splendor' introduced, New motorcycle model - 'CD Deluxe' introduced New motorcycle model - 'Glamour' introduced, New motorcycle model - 'Achiever' introduced
  • First Scooter model from Hero Honda - 'Pleasure' introduced
  • 2006
  • Hero Honda is the World No. 1 for the 5th year in a row
  • 15 million production milestone achieved

2007

  • Hero Honda is the World No. 1 for the 6th year in a row
  • New 'Splendor NXG' launched
  • New 'CD Deluxe' launched
  • New 'Passion Plus' launched
  • New motorcycle model 'Hunk' launched
  • 20 million production milestone achieved

2008

  • Hero Honda Haridwar Plant inauguration
  • New 'Pleasure' launched
  • Splendor NXG launched with power start feature
  • New motorcycle model 'Passion Pro' launched
  • New 'CBZ Xtreme' launched
  • 25 million production milestone achieved
  • CD Deluxe launched with power start feature
  • New 'Glamour' launched
  • New 'Glamour Fi' launched

2009

  • Hero Honda GoodLife Program launched Hunk' (Limited Edition) launched
  • Splendor completed 11 million production landmark
  • New motorcycle model 'Karizma - ZMR' launched
  • Silver jubilee celebrations

2010

  • New model Splendor Pro launched
  • Launch of new Super Splendor and New Hunk

2011

  • New licensing arrangement signed between Hero and Honda
  • Launch of new refreshed versions of Glamour, Glamour FI, CBZ Xtreme, Karizma
  • Crosses the landmark figure of 5 million cumulative sales in a single year
  • July 29, 2011 - Hero Honda Motors changed its name to Hero MotoCorp following the exit of its erstwhile Japanese promoter, Honda, from the company

2012

  • Migration of all products to Brand Hero
  • Launch of Impulse, Maestro and Ignitor

2013 

  • Neemrana Plant Foundation Stone laid
  • 50 Million cumulative 2 wheelers production
  • Hero Motocorp Commences Construction Of Its New Plant & Global Parts Centre
  • Hero Motocorp Launches Another Market First Offers Warranty Of 5 Years On All Its Two-Wheelers
  • Hero Motocorp Commences Construction of Its ''GAME-CHANGING'' Centre Of Global Innovation And Research & Design
  • Hero Motocorp Sets Yet Another Milestone In Its Journey Of Technological Leadershiphero Motocorp Zooms Ahead With Record Retail Sales Of Over 1.2 Million Units In Oct-Nov

2014

  • Hero Motocorp Heralds A New Era Of Technology Leadership
  • Hero Motocorp Sets New Benchmark for the Global Two Wheeler Industry
  • Hero Motocorp Launches Splendor Ismart With Game Changing I3s Technology

2015

  • Hero MotoCorp Augments Leadership with Highest-ever Calendar Year Sales in 2014
  • Hero MotoCorp has launched a new entry level commuter, the HF Dawn
  • Hero MotoCorp launches new Passion Pro bike
  • HMCL Americas INC enters into ''Settlement Agreement'' to Acquire EBR's Consulting Business
  • Hero MotoCorp has commenced operation in their first ever plant outside India established in Villa Rica, Colombia

2016

  • Hero MotoCorp Commences the New Year with Robust Sales
  • Hero MotoCorp unveils four new 2-wheelers
  • Hero MotoCorp unveils technology & innovation-driven new product strategy
  • Hero MotoCorp inaugurates CIT in Jaipur -Hero MotoCorp Marks Five Years of Solo Journey with Leadership Performance
  • Hero Motocorp begins a new era with the Splendor iSmart 110 - the first motorcycle completely designed & developed in-house

2017

  • Brad launch in Argentina
  • First ever global product launch - Glamour 125 in Buenos Aires
  • Appointment of Diego Simeone as Brand Ambassador
  • Surpassed 75 million in cumulative sales
  • Commercial production began at manufacturing facilities in Gujarat and Bangladesh
  • Awarded the ‘Indian MNC of the Year’ by the All India Management Association (AIMA)
  • Became the National Supporter of the FIFA U-17 World Cup 2017
  • Hero Challenge introduced on Scottish Open
  • Hero MotoSports Team Rally’s debut at Dakar 2017

2018

  • Launch of e-commerce portal for Hero Genuine Parts
  • Entry into pre-owned two-wheeler business
  • Hero Joyride program crossed One Million customer registrations
  • Foundation stone laid at 8th manufacturing site in Andhra Pradesh (Chittoor)
  • Hero MotoCorp Surpasses Record 7 Million Unit Sales In Calendar Year (Jan-Dec) 2017 - Yet Another Global Benchmark
  • Hero MotoCorp Rides Into The Future With An All-New Roadster The Xtreme 200R
  • Hero MotoCorp Unveils India’s First 200cc Adventure Motorcycle – ‘XPulse’
  • Hero MotoCorp Sets A New Benchmark With Its New Customer Care Program Hero Joyride
  • Hero MotoCorp Lays Foundation Stone Of Its 8th World-Class Manufacturing Facility
  • Hero MotoCorp Makes A Bold & Premium Entry In The 125cc Scooter Segment With Destini 125
  • Hero MotoCorp To Expand Its Premium Range With New Motorcycle - XPulse 200T
  • Hero MotoCorp Extends Its Global Ride With Tiger Woods
  • Hero MotoCorp Signs Virat Kohli As Brand Ambassador

2019

  • Hero MotoCorp, capped-off the Calendar Year (CY) 2018 with yet another significant benchmark, by selling a record 8,039,472 units of motorcycles and scooters in the January-December period.
  • Hero MotoCorp, announced setting-up of its first Research and Development (R&D) Center at a global location - the Hero Tech Center Germany GmbH
  • Hero MotoCorp Title Sponsor SJOBA Rally
  • Hero MotoCorp catapults into a new era of premium biking, launches Xtreme 200S, XPulse 200, XPulse 200 FI and XPulse 200T
  • Hero MotoCorp augments its premium strategy in scooter segment- Launches Maestro Edge 125 and Pleasure+ 110
  • Hero MotoCorp becomes first two-wheeler manufacturer to get BS-VI certification
  • Hero MotoCorp announced the appointment of Yerry Mina, the popular Colombian professional footballer, as its new Brand Ambassador
  • "Diversity" Journey At Hero MotoCorp Surpasses Significant Milestone With 1000 Women Employees
  • Hero MotoSports Wins The Pan Africa Rally 2019 At Merzouga
  • Hero MotoCorp Surpasses 25 Million Units Landmark In Cumulative Production At Haridwar Facility
  • Hero MotoCorp Launches India's First BS-VI Motorcycle

2020

  • Hero MotoCorp Forays Into Connected Mobility With 'Hero Connect'
  • Hero MotoCorp launches Glamour BS-VI, Passion Pro BS-VI, XPulse Rally Kit and Xtreme 160R At 'Hero World 2020'
  • Hero MotoCorp Intensifies Digital-First Approach by launching eSHOP for online sales of products
Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.