Stocktoria
Hero MotoCorp Limited HEROMOTOCO.NS
Hero MotoCorp Limited statistics & valuation
Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (₹2,639.32); a green figure means the price is below it.
Profitability & efficiency
Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).
P / E vs its own history
Hero MotoCorp Limited trades at about 20.2× earnings — above its 10-year norm (10-year range 17.5×–24.3×, median 18.2×).
Shaded band = 10-year range (17.5×–24.3×); dot = today's 20.2×.
Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.
Key ratios (by fiscal year)
| Ratio | FY2026 | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| Gross margin | 32.4% | 33.6% | 31.8% | 28.8% |
| Operating margin | 13.2% | 12.7% | 12.2% | 10.2% |
| Net margin | 12.2% | 10.8% | 10.0% | 8.3% |
| FCF margin | 15.3% | 8.5% | 11.0% | 6.0% |
| Return on assets | 17.2% | 15.4% | 14.3% | 11.7% |
| Return on equity | 26.6% | 22.7% | 21.2% | 16.9% |
| Debt / equity | — | — | 0.00× | 0.00× |
| Current ratio | 1.91 | 1.80 | 1.46 | 1.57 |
Computed from company filings · IN · as of 2026-03-31. Figures in INR. Facts plus Stocktoria's own computed scores — not investment advice.