What we do Hero MotoCorp Ltd is the world's largest manufacturer of two-wheelers, producing and selling motorcycles and scooters with global manufacturing facilities and strong market presence. |
Founded in 1,984 |
Market share Market leader in India and expanding presence across 48 countries with robust domestic and international sales growth. |
Problem solved Addresses the need for affordable, reliable, and innovative personal mobility solutions in emerging and developed markets. |
Top clients or who we serve Serves B2C customers globally with two-wheelers for urban and rural mobility; also partners in B2B with dealerships and service networks. |
Key management Dr. Pawan Munjal, Executive Chairman; Vikram S. Kasbekar, Acting CEO and Executive Director; notable leadership with extensive industry expertise. |
Our journey and innovations From a joint venture with Honda in 1984 to an independent global leader, pioneering electric vehicles and smart mobility with R&D centers worldwide. |
Where we operate Operations span India and 47 international markets including Latin America, Southeast Asia, Africa, and the Gulf region. |
Top products or what we offer Wide range of motorcycles and scooters including Splendor, Glamour, Xpulse, Karizma, and electric brands like Vida and Surge S32. |
Top brands Splendor (#1 in category), Glamour, Xpulse (adventure segment leader), Karizma (iconic legacy), Vida (electric vehicle brand), Harley-Davidson X440 (premium segment). |
Raw materials needed Steel, aluminum, rubber, plastics, electronics, and lithium-ion batteries for electric vehicles. |
Raw materials supplier Supplied by a network of domestic and international suppliers adhering to quality and ethical standards. |
Recurring vs cyclical contribution Revenue is predominantly recurring through continuous vehicle sales and aftermarket services with growth in electric and premium segments. |
Our industry position Dominant market share in India; fast-growing exporter with leadership in innovation and quality in two-wheeler industry. |
Financial highlights FY 2024-25 revenue Rs. 41,812 crore; profit after tax Rs. 4,610 crore; EBITDA margin around 14.4%; consistent double-digit growth. |
Geographical revenue split About 91% revenue from India and 9% from international markets, showing expanding global footprint. |
Order book Strong demand backlog driven by new product launches, EV expansion, and international market penetration. |
Whats driving growth Growth fueled by product innovation, electric mobility adoption, strategic global expansion, and enhanced digital ecosystem. |
Our future plans Capacity expansion, new EV models, global market diversification, sustainability initiatives, and premium motorcycles portfolio enrichment. |
Our green promise Committed to sustainability through green manufacturing plants, electric vehicle development, and community-oriented CSR programs. |
Our people and values Over 9,500 employees with focus on diversity, inclusion, employee development, and ethical business culture. |
Key challenges ahead Raw material price volatility, regulatory changes, competitive EV market, and global economic uncertainties. |
Interesting facts Achieved 100 million cumulative two-wheeler production; holds multiple global and industry awards including Guinness Records. |
Risks and strategy Mitigates supply chain risks through diverse sourcing, fosters innovation to stay competitive, and strengthens financial resilience. |
