Is Hero MotoCorp a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Hero MotoCorp Ltd is a good quality company .

Is Hero MotoCorp undervalued or overvalued?

The key valuation ratios of Hero MotoCorp Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone .

What is Hero MotoCorp share price return in the past 10 years?

Hero MotoCorp Ltd share price has appreciated 4.7% annually (CAGR) over the past ten years.

Is Hero MotoCorp a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Hero MotoCorp Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

Hero MotoCorp Ltd - Stock Valuation and Financial Performance

Name: Hero MotoCorp
Brand: Hero MotoCorp

BSE: 500182 | NSE: HEROMOTOCO | Automobile Two & Three Wheelers | Large Cap

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Hero MotoCorp Share Price

₹4,730.70 126.40 2.75%
as on 18-Nov'24 16:59

10 Year X-Ray of Hero MotoCorp:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	53.8%	57.8%	49.2%	48%	40.8%	34.1%	26.7%	21.2%	24%	30.4%	-
Value Creation Index ⓘ	3.8	4.1	3.4	3.3	2.6	2.0	1.4	0.9	1.1	1.7	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	27,585	28,443	28,500	32,230	33,651	28,836	30,801	29,245	33,806	37,456	39,850
Sales YoY Gr.	-	3.1%	0.2%	13.1%	4.4%	-14.3%	6.8%	-5.1%	15.6%	10.8%	-
Adj EPS ⓘ	108.4	151.5	164.4	177.9	164.4	152.1	142.9	119.5	142.4	199.7	220.8
YoY Gr.	-	39.8%	8.5%	8.2%	-7.6%	-7.5%	-6%	-16.4%	19.2%	40.3%	-
BVPS (₹) ⓘ	327.5	442.3	506.1	589	643.2	706.9	759.7	788.7	834.1	897.5	976.3
Adj Net Profit ⓘ	2,164	3,025	3,284	3,552	3,284	3,037	2,856	2,388	2,846	3,993	4,416
Cash Flow from Ops. ⓘ	2,250	3,849	4,028	3,981	979	5,410	4,173	2,020	2,579	4,907	-
Debt/CF from Ops. ⓘ	0	0	0	0	0	0	0	0	0	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	3.5%	2.2%	6.7%	10.8%
Adj EPS ⓘ	7%	4%	11.8%	40.3%
BVPSⓘ	11.9%	6.9%	5.7%	7.6%
Share Price	4.7%	13.9%	20.8%	41.9%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	35.7	39.4	34.7	32.5	26.7	22.5	19.5	15.4	17.5	23	23.6
Op. Profit Mgn % ⓘ	12.9	15.7	16.1	16.2	14.3	13.1	12.8	11.2	11.5	13.6	14.3
Net Profit Mgn % ⓘ	7.9	10.6	11.5	11	9.8	10.5	9.3	8.2	8.4	10.7	11.1
Debt to Equity ⓘ	0	0	0	0	0	0	0	0	0	0	0
Working Cap Days ⓘ	39	48	56	58	73	83	63	69	64	64	53
Cash Conv. Cycle ⓘ	-15	-17	-22	-20	-9	-5	-18	-23	-15	-20	20

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 23.60%

Net Profit is growing at healthy rate in last 3 years 11.80%

Sales growth is good in last 4 quarters at 15.54%

Sales growth has been subdued in last 3 years 6.74%

Latest Financials - Hero MotoCorp Ltd.

	Standalone	Consolidated
TTM EPS (₹)	220.8	206.9
TTM Sales (₹ Cr.)	39,850	40,098
BVPS (₹.) ⓘ	976.3	950.5
Reserves (₹ Cr.) ⓘ	19,486	18,971
P/BV ⓘ	4.85	4.98
PE ⓘ	21.43	22.86

From the Market
52 Week Low / High (₹)	3130.40 / 6245.00
All Time Low / High (₹)	18.00 / 6245.00
Market Cap (₹ Cr.)	94,614
Equity (₹ Cr.)	40
Face Value (₹)	2
Industry PE ⓘ	32.6

Management X-Ray of Hero MotoCorp:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Hero MotoCorp

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Hero MotoCorp

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	27,585	28,443	28,500	32,230	33,651	28,836	30,801	29,245	33,806	37,456
Operating Expenses ⓘ	24,058	24,005	23,915	27,028	28,847	25,059	26,878	25,979	29,944	32,358
Manufacturing Costs	673	716	797	780	862	838	721	759	875	1,029
Material Costs	19,753	19,314	19,028	21,833	23,309	19,683	21,750	20,805	23,840	25,382
Employee Cost	1,105	1,225	1,279	1,387	1,532	1,636	1,687	1,711	1,905	2,087
Other Costs ⓘ	2,527	2,750	2,810	3,028	3,145	2,903	2,720	2,705	3,324	3,860
Operating Profit ⓘ	3,527	4,438	4,586	5,203	4,804	3,777	3,922	3,267	3,862	5,097
Operating Profit Margin (%)	12.8%	15.6%	16.1%	16.1%	14.3%	13.1%	12.7%	11.2%	11.4%	13.6%
Other Income ⓘ	493	422	522	526	691	778	580	557	565	893
Interest ⓘ	11	5	6	6	9	22	22	26	20	19
Depreciation ⓘ	525	420	444	478	476	637	580	548	533	553
Exceptional Items ⓘ	-155	0	0	0	0	677	0	0	0	-160
Profit Before Tax ⓘ	3,329	4,435	4,658	5,244	5,011	4,574	3,900	3,250	3,875	5,258
Tax ⓘ	943	1,275	1,281	1,547	1,626	940	936	777	964	1,290
Profit After Tax	2,386	3,160	3,377	3,697	3,385	3,633	2,964	2,473	2,911	3,968
PAT Margin (%)	8.6%	11.1%	11.8%	11.5%	10.1%	12.6%	9.6%	8.5%	8.6%	10.6%
Adjusted EPS (₹)	119.5	158.3	169.1	185.2	169.5	181.9	148.4	123.8	145.6	198.5
Dividend Payout Ratio (%)	50%	46%	50%	51%	51%	49%	71%	77%	69%	71%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	6,541	8,833	10,107	11,762	12,848	14,121	15,179	15,758	16,669	17,941
Share Capital ⓘ	40	40	40	40	40	40	40	40	40	40
Reserves ⓘ	6,501	8,793	10,067	11,722	12,808	14,081	15,139	15,719	16,629	17,901
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	0	0	0	0	0	0	0	0	0	0
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	0	0	0	0	0	0	0	0	0	0
Trade Payables	2,700	2,651	3,247	3,319	3,355	3,031	5,205	4,260	4,704	5,528
Others Liabilities ⓘ	1,207	2,050	2,422	3,105	3,030	2,671	2,695	2,491	2,828	3,356
Total Liabilities ⓘ	10,448	13,534	15,776	18,186	19,233	19,823	23,079	22,510	24,202	26,825
Fixed Assets
Gross Block	8,114	9,126	10,377	11,134	11,628	13,865	14,324	14,666	15,194	15,786
Accumulated Depreciation	5,201	5,542	5,982	6,480	7,010	7,748	8,336	8,859	9,433	9,952
Net Fixed Assetsⓘ	2,913	3,584	4,396	4,655	4,619	6,117	5,988	5,806	5,761	5,834
CWIP ⓘ	711	605	465	318	542	341	437	458	464	481
Investmentsⓘ	3,154	4,581	5,890	7,525	5,969	8,223	10,500	10,652	11,010	13,086
Inventories	815	673	656	824	1,072	1,092	1,470	1,123	1,434	1,444
Trade Receivables	1,390	1,283	1,562	1,520	2,822	1,603	2,427	2,304	2,798	2,703
Cash Equivalents	159	131	137	141	136	242	257	175	346	609
Others Assetsⓘ	1,306	2,677	2,671	3,203	4,073	2,205	2,001	1,991	2,389	2,668
Total Assets ⓘ	10,448	13,534	15,776	18,186	19,233	19,823	23,079	22,510	24,202	26,825

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	2,250	3,849	4,028	3,981	979	5,410	4,173	2,020	2,579	4,907
PBT ⓘ	3,329	4,435	4,658	5,244	5,011	4,574	3,900	3,250	3,875	5,258
Adjustment ⓘ	258	140	157	71	-61	178	178	221	137	-112
Changes in Working Capital ⓘ	-337	377	399	160	-1919	1203	1070	-682	-583	1075
Tax Paid ⓘ	-1,000	-1,103	-1,186	-1,494	-2,051	-544	-976	-769	-850	-1,314
Cash Flow From Investing Activity ⓘ	12	-2,206	-1,944	-1,915	1,321	-2,883	-2,210	-152	-469	-1,802
Capex	-1,153	-1,460	-1,149	-799	-918	-1,359	-510	-524	-568	-710
Net Investments	1,186	-852	-934	-1,271	1,929	-1,861	-1,814	171	-158	-1,410
Others ⓘ	-21	106	139	155	310	337	115	201	256	318
Cash Flow From Financing Activityⓘ	-2,231	-1,687	-2,096	-2,047	-2,294	-2,420	-1,941	-1,939	-2,041	-2,733
Net Proceeds from Shares ⓘ	0	1	1	3	2	0	8	5	3	10
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-11	-5	-6	-6	-9	-22	-22	-26	-20	-19
Dividend Paid ⓘ	-1,897	-1,398	-1,737	-1,698	-1,897	-1,937	-1,898	-1,898	-1,998	-2,699
Others ⓘ	-322	-285	-354	-346	-390	-460	-30	-20	-26	-26
Net Cash Flow ⓘ	32	-44	-12	19	6	107	21	-71	70	372

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	39.3	41.11	35.66	33.81	27.51	26.94	20.23	15.99	17.95	22.93
ROCE (%)	53.76	57.75	49.24	47.99	40.76	34.05	26.74	21.15	23.97	30.42
Asset Turnover Ratio	2.87	2.56	2.11	1.94	1.8	1.44	1.46	1.3	1.48	1.49
PAT to CFO Conversion(x)	0.94	1.22	1.19	1.08	0.29	1.49	1.41	0.82	0.89	1.24
Working Capital Days
Receivable Days	14	16	17	17	24	29	24	29	27	26
Inventory Days	9	9	8	8	10	14	15	16	14	14
Payable Days	46	51	57	55	52	59	69	83	69	74

Hero MotoCorp Ltd Stock News

Hero MotoCorp Ltd FAQs

What is the share price of Hero MotoCorp?

Company share prices are keep on changing according to the market conditions. The closing price of Hero MotoCorp on 18-Nov-2024 16:59 is ₹4,730.7.

What is the market cap of Hero MotoCorp?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 18-Nov-2024 16:59 the market cap of Hero MotoCorp stood at ₹94,613.8.

What is the P/E ratio of Hero MotoCorp?

The latest P/E ratio of Hero MotoCorp as of 18-Nov-2024 16:59 is 21.43.

What is the P/B ratio of Hero MotoCorp?

The latest P/B ratio of Hero MotoCorp as of 18-Nov-2024 16:59 is 4.85.

What is the 52-week high and low of Hero MotoCorp?

The 52-week high of Hero MotoCorp is ₹6,245 and the 52-week low is ₹3,130.4.

What is the TTM revenue of Hero MotoCorp?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Hero MotoCorp is ₹39,850 ( Cr.) .

About Hero MotoCorp Ltd

Hero MotoCorp Ltd. is the world’s largest manufacturer of motorcycles and scooters. With innovation at the core of its philosophy, the New Delhi (India) headquartered Hero MotoCorp has been at the forefront of designing and developing technologically advanced motorcycles and scooters for customers around the world. It became the world’s largest two-wheeler manufacturer in 2001, in terms of unit volume sales in a calendar year, and has maintained the coveted title for the past many years.

It has taken rapid strides to expand its presence to many countries across Asia, Africa, and South & Central America. It is a truly global enterprise with a workforce that comprises of people from different nationalities including India, Bangladesh, Colombia, Germany, Austria, Japan, and France. It is the dominant market leader in India. The story of company can be traced back to the vision of a mobile and empowered India, powered by its two wheelers. Currently, the company has made it its mission to become the best two wheeler company, not only in India but globally by setting benchmarks in style, performance and technology.

Business area of the company

Hero MotoCorp is manufacturer of motorcycles and scooters. It is India's leading two wheeler company, which has been providing customers with an excellent range of two wheelers that ensure both style and comfort.

Products

Xtreme 160R BS6
Xpulse 200 BS6
Passion Pro BS6
Splendor iSmart BS6
Splendor+ BS6
Glamour BS6
HF Deluxe BS6
Super Splendor BS6
Destini 125 BS6
Maestro Edge 125 BS6
Maestro Edge 110 BS6
Pleasure+ BS6
Xpulse 200T
Xtreme 200S

Awards and Recognition

2004

Winner of the Review 200 - Asia's Leading Companies Award (3rd Rank amongst the top 10 Indian companies).
ICSI National Award for Excellence in Corporate Governance 2004 by the Institute of Company Secretaries of India.

2005

Awaaz Consumer Awards 2005 Bike Maker of the Year Award by Overdrive Magazine.

2006

Corporate Social Responsibility Award.
Top Indian company in the Automobile - Two Wheeler sector by Dun & Bradstreet - American Express Corporate Awards 2006.
Hero Honda Splendor rated as India's most preferred two-wheeler brand at the Awaaz Consumer Awards 2006.
NDTV Profit Car India & Bike India Awards 2006.

2007

The NDTV Profit Car India & Bike India Awards 2007.

2008

NDTV Profit Business Leadership Award 2008.
TopGear Design Awards 2008.
NDTV Profit Car India & Bike India Awards.
IndiaTimes Mindscape and Savile Row (A Forbes Group Venture) Loyalty Awards.
Asian Retail Congress Award for Retail Excellence (Strategies and Solutions of business innovation and transformation).
NDTV Profit Car India & Bike India Awards.
TNS Voice of the Customer Awards.

2009

'Two-wheeler Manufacturer of the Year' by NDTV Profit Car & Bike Awards 2009 and Passion Pro adjudged as CNB Viewers' Choice two-wheeler.
Top Indian Company under the 'Automobile - Two-wheelers' sector bythe Dun & Bradstreet-Rolta Corporate Awards.
Won Gold in the Reader's Digest Trusted Brand 2009 in the 'Motorcycles' category.
NDTV Profit Business Leadership Awards 2009 - two-wheeler category.

2010

Rated as Top Indian Company in Automobile - Two Wheelers sector by Dun & Bradstreet - Rolta Corporate Awards 2009.
Most Preferred Brand of Two-Wheelers' award at the CNBC Awaaz Consumer Awards.
Adjudged at top of the two-wheeler category in the Brand Equity Most Trusted Brands 2010 Survey.
Ranked No. 3 Most Trusted Brand across categories amongst Young Adult Males.
Company of the Year awarded by Economic Times Awards for Corporate Excellence 2008-09.
CNBC TV18 Overdrive Awards 2010 'Hall of Fame' to Splendor.
NDTV Profit Car & Bike Awards 2010 - Two-wheeler Manufacturer of the Year, CnB Viewers' Choice Two-wheeler of the Year (Karizma ZMR) and Bike Maker of the Year by ET-ZigWheels Car & Bike of the Year Awards 2009'.

2011

Two-wheeler Manufacturer of the Year award by Bike India magazine.
Adjudged the 'Bike Manufacturer of the Year' at the Economic Times ZigWheels Car and Bike Awards.

2012

Business Leader in Automobiles (two-wheelers) at the NDTV Profit Business Leadership Awards 2012 (Conferred upon Mr. Pawan Munjal).
Best value for Money Bike Maker and Best Advertising in Two Wheelers Category at the Auto India Best Brand Awards 2012.
Digital Advertiser of the year at the Indian Digital Media Awards (IDMA) 2012.
Three awards (Launch Event of the year, Rural Engagement Progamme and Live Patron Award for Marketing Excellence) at the WOW Awards organised by EventFAQsAdvertiser of the year 2012 by Indian Digital Media Awards 2012.
Innovation in Loyalty Marketing Award (Initiative: Hero GoodLife Utsav) by Colloquy Loyalty Awards.
TPM Excellence Award 2012 by JIPM (Japan Institute of Plant Maintenance).

2013

Green Pioneer Award - 2013.
Business Leader of the Year' Award by Hon'ble President of India, Shri. Pranab Mukherjee, at the AIMA Managing India Awards 2013 on April 11, 2013 (Conferred on Mr. Pawan Munjal).
Business Leader of the Year' Award in the Auto (Two Wheelers) category by Deputy Chairman of the Planning Commission Mr. Montek Singh Ahluwalia, at the NDTV Business Leadership Awards 2013 (Conferred on Mr. Pawan Munjal).
CFO of the year Award (Conferred on Mr. Ravi Sud).

2016

Hero Motocorp receives TIME India Awards - Manufacturing Innovator of the Year Award.

2020

XPulse 200 awarded Indian Motorcycle of the Year 2020 by media houses and also awarded Tourer Bike (upto 250cc) of the Year 2020 by Flywheel Auto Awards.
XPulse 200 was also awarded Bike of the Year (upto 200cc) and two-wheeler of the year by Car and Bike India.
Maestro Edge 125 FI was chosen as Scooter of the Year 2020 by Autocar and by Car and Bike India.
National Award for Excellent Energy Efficient Unit by CII to Gurgaon Plant.

Milestones

1983

Joint Collaboration Agreement with Honda Motor Co. Ltd. Japan signed
Shareholders Agreement signed

1984

Hero Honda Motors Ltd. Incorporated

1985

First motorcycle 'CD 100' rolled out

1987

100,000th motorcycle produced

1989

New motorcycle model - 'Sleek' introduced

1991

New motorcycle model - 'CD 100 SS' introduced
500,000th motorcycle produced

1992

Raman Munjal Vidya Mandir inaugurated - A School in the memory of founder Managing Director, Mr. Raman Kant Munjal

1994

New motorcycle model - 'Splendor' introduced
1,000,000th motorcycle produced

1997

New motorcycle model - 'Street' introduced
Hero Honda's 2nd manufacturing plant at Gurgaon inaugurated

1998

2,000,000th motorcycle produced

1999

New motorcycle model - 'CBZ' introduced
Environment Management System of Dharuhera Plant certified with ISO-14001 by DNV Holland
Raman Munjal Memorial Hospital inaugurated - A Hospital in the memory of founder Managing Director, Mr. Raman Kant Munjal

2000

4,000,000th motorcycle produced
Environment Management System of Gurgaon Plant certified ISO-14001 by DNV Holland
Splendor declared 'World No. 1' - largest selling single two-wheeler model
'Hero Honda Passport Programme' - CRM Programme launched

2001

New motorcycle model - 'Passion' introduced
One million production in one single year
New motorcycle model - 'Joy' introduced
5,000,000th motorcycle produced

2002

Becomes the first Indian Company to cross the cumulative 7 million sales mark
Splendor has emerged as the World's largest selling model for the third calendar year in a row (2000, 2001, 2002)
New motorcycle model - 'CD Dawn' introduced, New motorcycle model - 'Splendor +' introduced, New motorcycle model - 'Passion Plus' introduced, New motorcycle model - 'Karizma' introduced

2004

New motorcycle model - 'Ambition 135' introduced
Hero Honda became the World No. 1 Company for the third consecutive year.
Crossed sales of over 2 million units in a single year, a global record
Splendor - World's largest selling motorcycle crossed the 5 million mark
New motorcycle model - 'CBZ' introduced
Joint Technical Agreement renewed
Total sales crossed a record of 10 million motorcycles

2005

Hero Honda is the World No. 1 for the 4th year in a row
New motorcycle model - 'Super Splendor' introduced, New motorcycle model - 'CD Deluxe' introduced New motorcycle model - 'Glamour' introduced, New motorcycle model - 'Achiever' introduced
First Scooter model from Hero Honda - 'Pleasure' introduced
2006
Hero Honda is the World No. 1 for the 5th year in a row
15 million production milestone achieved

2007

Hero Honda is the World No. 1 for the 6th year in a row
New 'Splendor NXG' launched
New 'CD Deluxe' launched
New 'Passion Plus' launched
New motorcycle model 'Hunk' launched
20 million production milestone achieved

2008

Hero Honda Haridwar Plant inauguration
New 'Pleasure' launched
Splendor NXG launched with power start feature
New motorcycle model 'Passion Pro' launched
New 'CBZ Xtreme' launched
25 million production milestone achieved
CD Deluxe launched with power start feature
New 'Glamour' launched
New 'Glamour Fi' launched

2009

Hero Honda GoodLife Program launched Hunk' (Limited Edition) launched
Splendor completed 11 million production landmark
New motorcycle model 'Karizma - ZMR' launched
Silver jubilee celebrations

2010

New model Splendor Pro launched
Launch of new Super Splendor and New Hunk

2011

New licensing arrangement signed between Hero and Honda
Launch of new refreshed versions of Glamour, Glamour FI, CBZ Xtreme, Karizma
Crosses the landmark figure of 5 million cumulative sales in a single year
July 29, 2011 - Hero Honda Motors changed its name to Hero MotoCorp following the exit of its erstwhile Japanese promoter, Honda, from the company

2012

Migration of all products to Brand Hero
Launch of Impulse, Maestro and Ignitor

2013

Neemrana Plant Foundation Stone laid
50 Million cumulative 2 wheelers production
Hero Motocorp Commences Construction Of Its New Plant & Global Parts Centre
Hero Motocorp Launches Another Market First Offers Warranty Of 5 Years On All Its Two-Wheelers
Hero Motocorp Commences Construction of Its ''GAME-CHANGING'' Centre Of Global Innovation And Research & Design
Hero Motocorp Sets Yet Another Milestone In Its Journey Of Technological Leadershiphero Motocorp Zooms Ahead With Record Retail Sales Of Over 1.2 Million Units In Oct-Nov

2014

Hero Motocorp Heralds A New Era Of Technology Leadership
Hero Motocorp Sets New Benchmark for the Global Two Wheeler Industry
Hero Motocorp Launches Splendor Ismart With Game Changing I3s Technology

2015

Hero MotoCorp Augments Leadership with Highest-ever Calendar Year Sales in 2014
Hero MotoCorp has launched a new entry level commuter, the HF Dawn
Hero MotoCorp launches new Passion Pro bike
HMCL Americas INC enters into ''Settlement Agreement'' to Acquire EBR's Consulting Business
Hero MotoCorp has commenced operation in their first ever plant outside India established in Villa Rica, Colombia

2016

Hero MotoCorp Commences the New Year with Robust Sales
Hero MotoCorp unveils four new 2-wheelers
Hero MotoCorp unveils technology & innovation-driven new product strategy
Hero MotoCorp inaugurates CIT in Jaipur -Hero MotoCorp Marks Five Years of Solo Journey with Leadership Performance
Hero Motocorp begins a new era with the Splendor iSmart 110 - the first motorcycle completely designed & developed in-house

2017

Brad launch in Argentina
First ever global product launch - Glamour 125 in Buenos Aires
Appointment of Diego Simeone as Brand Ambassador
Surpassed 75 million in cumulative sales
Commercial production began at manufacturing facilities in Gujarat and Bangladesh
Awarded the ‘Indian MNC of the Year’ by the All India Management Association (AIMA)
Became the National Supporter of the FIFA U-17 World Cup 2017
Hero Challenge introduced on Scottish Open
Hero MotoSports Team Rally’s debut at Dakar 2017

2018

Launch of e-commerce portal for Hero Genuine Parts
Entry into pre-owned two-wheeler business
Hero Joyride program crossed One Million customer registrations
Foundation stone laid at 8th manufacturing site in Andhra Pradesh (Chittoor)
Hero MotoCorp Surpasses Record 7 Million Unit Sales In Calendar Year (Jan-Dec) 2017 - Yet Another Global Benchmark
Hero MotoCorp Rides Into The Future With An All-New Roadster The Xtreme 200R
Hero MotoCorp Unveils India’s First 200cc Adventure Motorcycle – ‘XPulse’
Hero MotoCorp Sets A New Benchmark With Its New Customer Care Program Hero Joyride
Hero MotoCorp Lays Foundation Stone Of Its 8th World-Class Manufacturing Facility
Hero MotoCorp Makes A Bold & Premium Entry In The 125cc Scooter Segment With Destini 125
Hero MotoCorp To Expand Its Premium Range With New Motorcycle - XPulse 200T
Hero MotoCorp Extends Its Global Ride With Tiger Woods
Hero MotoCorp Signs Virat Kohli As Brand Ambassador

2019

Hero MotoCorp, capped-off the Calendar Year (CY) 2018 with yet another significant benchmark, by selling a record 8,039,472 units of motorcycles and scooters in the January-December period.
Hero MotoCorp, announced setting-up of its first Research and Development (R&D) Center at a global location - the Hero Tech Center Germany GmbH
Hero MotoCorp Title Sponsor SJOBA Rally
Hero MotoCorp catapults into a new era of premium biking, launches Xtreme 200S, XPulse 200, XPulse 200 FI and XPulse 200T
Hero MotoCorp augments its premium strategy in scooter segment- Launches Maestro Edge 125 and Pleasure+ 110
Hero MotoCorp becomes first two-wheeler manufacturer to get BS-VI certification
Hero MotoCorp announced the appointment of Yerry Mina, the popular Colombian professional footballer, as its new Brand Ambassador
"Diversity" Journey At Hero MotoCorp Surpasses Significant Milestone With 1000 Women Employees
Hero MotoSports Wins The Pan Africa Rally 2019 At Merzouga
Hero MotoCorp Surpasses 25 Million Units Landmark In Cumulative Production At Haridwar Facility
Hero MotoCorp Launches India's First BS-VI Motorcycle

2020

Hero MotoCorp Forays Into Connected Mobility With 'Hero Connect'
Hero MotoCorp launches Glamour BS-VI, Passion Pro BS-VI, XPulse Rally Kit and Xtreme 160R At 'Hero World 2020'
Hero MotoCorp Intensifies Digital-First Approach by launching eSHOP for online sales of products