Hero MotoCorp Limited — Investor Meet, 12-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Hero MotoCorp reported strong Q3 FY'26 results, with revenue up 21% YoY to INR12,328 Cr and normalized PAT rising 20% to INR1,489 Cr. ICE business EBITDA margins expanded 100 bps to 17%.

The company achieved its 25th consecutive year as the world's largest motorcycle and scooter manufacturer. New product launches like HF Deluxe Pro, Splendor, Glamour X, and Xtreme 125R are driving market share gains. EV brand VIDA’s market share expanded to 10.8% with improving unit economics. Global business volumes surged 41% YoY. Management anticipates high single-digit industry growth in FY27, with Hero MotoCorp aiming to outpace it, focusing on scooters, premium segments, EV, exports, and parts business.