Hero Motocorp Limited · NSE:HEROMOTOCO
Hero Motocorp — Q2 & H1 FY2026-27 Earnings Presentation
18 slides from Hero Motocorp's earnings presentation, Oct 28, 2026
Slide 1: Cover letter to stock exchanges: Investor Presentation
October 28, 2026 Asst. Vice President, Listing Deptt., The Secretary, National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, Plot C-1, Block G, 25th Floor, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra (E), Dalal Street, MUMBAI - 400 051 MUMBAI - 400 001 Scrip Code: HEROMOTOCO S
Slide 2: Q2 & H1 FY26-27 Financial Results Presentation
Q2 & H1 FY26-27 FINANCIAL RESULTS PRESENTATION 1
Slide 3: Forward Looking Statements
FORWARD LOOKING STATEMENTS Certain statements in this Presentation describing our objectives, projections, estimates, expectations or predictions may be forward-looking statements within the meaning of applicable securities laws and regulations. Our actual results may differ materially due to factor
Slide 4: A Legacy of Trust
BRAND HERO A LEGACY OF TRUST TRUSTED TWO-WHEELER BRAND, POWERED BY SCALE, EXTENSIVE CUSTOMER REACH AND OVER FOUR DECADES OF TRANSFORMING MOBILITY WORLD’S LARGEST 8 MANUFACTURING MOTORCYCLE AND PLANTS: 8.63 MN SCOOTER COMPANY FOR PRODUCTION CAPACITY & 25 CONSECUTIVE YEARS A GLOBAL PARTS CENTRE HAPPY
Slide 5: Strong Revenue Growth Driven by Volume Growth
Q2 & H1 FY27 FINANCIAL PERFORMANCE STRONG REVENUE GROWTH DRIVEN BY VOLUME GROWTH DELIVERING HEALTHY TOP-LINE AND BOTTOM-LINE GROWTH Revenue from Operations EBITDA Profit after Tax (₹ Cr) (₹ Cr) (₹ Cr) 28% 15% 16% 3,694 2,911 3,205 27,686 8% 5% 2,519 21% 21,705 1,823 1,968 14,687 1,393 1,456 12,126 Q
Slide 6: Key Growth Pillars
HOUSE OF STRATEGY KEY GROWTH PILLARS FOCUSED EXECUTION OF STRATEGIC PRIORITIES TO DRIVE SUSTAINABLE MARKET LEADERSHIP 1 GROW GAIN MARKET SHARE IN 3 WIN IN 4 DRIVE SCOOTER MARKET THE CORE 125CC PREMIUM SHARE 100cc MS*: 85.0% Deluxe 125cc MS*: 17.7% Premium MS*: 1.9% Scooter MS*: 7.1% (+3.9% YoY) (+2.
Slide 7: Robust Dispatch Momentum Across Key Product Categories
Q2 & H1 FY27 CATEGORY PERFORMANCE ROBUST DISPATCH MOMENTUM ACROSS KEY PRODUCT CATEGORIES ICE & EV SCOOTERS CONTINUE TO EXCEL COMBINED WITH SUSTAINED PERFORMANCE IN MOTORCYCLES TOTAL DISPATCHES (000’S) Q2 - FY26 Q2 - FY27 YoY % H1 - FY26 H1 - FY27 YoY % 1,528 1,628 6.5% 2,802 3,113 11.1% MOTORCYCLES
Slide 8: Rising Mix of Scooters and EV in the Portfolio
DIVERSIFYING OUR PRODUCT MIX RISING MIX OF SCOOTERS AND EV IN THE PORTFOLIO FOCUS ACROSS PRODUCTS RESULTING IN HIGHER REVENUE VS VOLUME GROWTH DIVERSIFYING PORTFOLIO INTO FAST GROWING 2W VALUE GROWTH OUTPACED VOLUME GROWTH CATEGORIES 4% 9% 2% 8% 11% 21% 1% 6% 5% EV Scooter 16% 4% ICE Scooter 1
Slide 9: Accelerating Market Share Gain on Expanded Portfolio
ICE SCOOTERS ACCELERATING MARKET SHARE GAIN ON EXPANDED PORTFOLIO BROAD-BASED REGIONAL GROWTH IN SCOOTERS BACKED BY PRODUCT INNOVATION, MARKETING CAMPAIGNS & RAMPED-UP CAPACITY STRONG VOLUME GROWTH DRIVING SUSTAINED HIGH IMPACT CAMPAIGNS AMPLIFYING BRAND RECALL MARKET SHARE GAINS & DEMAND ICE Scoote
Slide 10: Reinforcing Leadership in the 100cc Category
CORE MOTORCYCLES REINFORCING LEADERSHIP IN THE 100CC CATEGORY MARKET SHARE EXPANSION POWERED BY ROBUST SPLENDOR GROWTH ALONG WITH PREMIUM MIX ENRICHMENT 85% MARKET SHARE IN 100CC PORTFOLIO – H1-FY27 STRONG SPLENDOR GROWTH ANCHORED ON THE LEGACY OF MILEAGE, AFFORDABILITY & DURABILITY 100cc Motorcycle
Slide 11: Sustaining 125cc Momentum Through Tech-Led Innovation
DELUXE 125CC SUSTAINING 125CC MOMENTUM THROUGH TECH-LED INNOVATION STRENGTHENED POSITION BY AUGMENTED PORTFOLIO, BRAND BUILDING AND CATEGORY – DEFINING FEATURES EXPANDED MARKET SHARE IN H1-FY27 LED BY CONTINUOUS PRODUCT INNOVATION WITH SEGMENT – GLAMOUR - X FIRST FEATURES , Deluxe 125cc , , Single C
Slide 12: Accelerating EV Growth Through Superior Products & Services
TARGETING EV LEADERSHIP ACCELERATING EV GROWTH THROUGH SUPERIOR PRODUCTS & SERVICES DRIVING MARKET SHARE GAINS WHILE SCALING NON – PRODUCT REVENUE STREAMS DOUBLED RETAILS IN H1-FY27 LED BY A STRONG PRODUCT MARKETING CAMPAIGNS CONTINUE TO DRIVE PORTFOLIO & EXPANDING SUPPLY CONSUMER AWARENESS AND INTE
Slide 13: Building a Resilient & Scalable Growth Engine
PARTS, ACCESSORIES & MERCHANDISE BUILDING A RESILIENT & SCALABLE GROWTH ENGINE EXPANDING DISTRIBUTION, BROADENING THE PORTFOLIO AND STRENGTHENING PREMIUM OFFERINGS IN PARTS STRONG GROWTH IN PAM REVENUE (₹ Cr) “XCLUSIVE PARTS” RANGE LAUNCHED PAM 3,630 Business 2,830 28% 1,941 1,533 27% Q2 Q2 H1 H
Slide 14: Expanding Horizons Across Products and Markets
GLOBAL BUSINESS EXPANDING HORIZONS ACROSS PRODUCTS AND MARKETS Q2 DISPATCHES IMPACTED BY OPERATIONAL HEADWINDS WITH RETAILS HOLDING UP; REVVING UP FOR GROWTH IN Q3 EXPANDING MARKET PRESENCE WITH DIVERSIFIED H1-FY27 VOLUMES UP BY 8% PRODUCT RANGE , , Global 8.6% , Business , 5.2% 7.2% 6.0% Xoom 125R
Slide 15: Building a Dedicated Premium Franchise
PREMIUM MOTORCYCLES BUILDING A DEDICATED PREMIUM FRANCHISE FEATURE RICH PRODUCT LAUNCHES, RAPID PREMIA EXPANSION & PREMIUM COMMUNITY BUILDING THROUGH MARQUEE RIDES Launched in Oct - 26 PREMIA CHANNEL EXPANSION Fastest 160cc (0 – 60 km/h in 4.4s) * Cruise Control with 3 ride modes Panic Brake Alert 5
Slide 16: Investing for Growth
INVESTING FOR GROWTH CONTINUED INVESTMENTS TO MEET RISING DEMAND ACROSS MOTORCYCLES, SCOOTERS & PARTS FY27 CAPEX GUIDANCE REAFFIRMED EXPANDING CAPACITY TO 9.2 MN UNITS BY MARCH 2027 (FY26 CAPACITY: 8.63MN UNITS) COMMUTER ICE EV PREMIUM SCOOTERS GPC 2.0 MOTORCYCLE MOTORCYCLE SCOOTERS Increased Splend
Slide 17: ESG & CSR
Q2 FY27 ESG & CSR LEADING THE WAY – AWARDS & RECOGNITIONS KEY INITIATIVES - CSR SUSTAINABILITY TARGETS • Received the 'Mahatma Award 2026 for CSR Excellence' for our initiatives on 'Disability • 50% Green dealerships • Sustained ESG "Leader" classification by NSE Sustainability Ratings and Analytics
Slide 18: Thank You
Hero MotoCorp — Q2 & H1 FY2026-27 Earnings Presentation on 6ix