Hero MotoCorp Limited — Investor Meet, 12-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Hero MotoCorp reported Q1 FY26 revenue of ₹9,579 Cr, EBITDA of ₹1,382 Cr, and PAT of ₹1,126 Cr. ICE EBITDA margin improved to 16.8%. The company's market share reached 30.9%, gaining traction in entry-level 100cc Deluxe and scooters, launching HF Deluxe Pro, Destini 125, and Xoom 125. EV business saw record growth, reaching 7% Q1 market share and over 10% in July, driven by VIDA VX2 and a new 'Battery-as-a-Service' model. Management is positive on future demand, anticipating a strong festive season with new 125cc and H-D 440cc launches. Inventory is being built for festive demand. The outlook is confident amidst strategic product launches and market expansion.