Hero MotoCorp balance sheet

As of Sep 2026

Total assets: ₹38,071cr+16.6% on Sep 2025
Shareholders' equity: ₹23,620cr+11.7% on Sep 2025
Total debt: ₹589cr+31.3% on Sep 2025
Cash and investments: ₹9,801cr−8.6% on Sep 2025

₹ crore except per share

Tap a line for its trend	H1 FY27Sep 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Current assets
Non-current assets						FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	6,316	5,325	5,219	5,213	5,159
	422	245	105	127	122
	0.0	503	483	0.0	0.0
	464	546	580	544	519
	638	520	382	357	332
	6,049	3,901	2,981	3,084	2,619
	6,176	3,180	4,767	5,363	4,600
	26.9	28.5	24.9	21.2	19.9
	195	54.0	47.1	189	206
	6,398	3,263	4,839	5,573	4,826
	—	—	0.0	336	271
	300	245	366	605	634
	20,588	14,548	14,956	15,837	14,482
	3,076	2,650	2,013	1,756	1,756
	8,780	12,205	6,636	4,305	3,672
	3,248	2,340	3,381	2,630	2,719
	1,021	687	384	605	226
	77.2	80.0	191	91.6	197
	27.6	27.9	27.1	24.6	23.7
	132	115	142	424	572
	13,285	15,455	10,760	8,080	7,409
	1,122	800	462	480	269
	17,484	18,905	13,434	10,315	9,435
	38,071	33,453	28,390	26,153	23,917
Equity
	40.0	40.0	40.0	40.0	40.0
	23,369	21,571	19,232	17,659	16,616
	23,409	21,611	19,272	17,699	16,656
	211	200	132	136	125
	23,620	21,811	19,404	17,835	16,781
Liabilities
	0.0	0.0	0.0	0.0	20.1
	836	328	340	377	416
	836	328	340	377	436
	745	698	495	322	202
	707	711	675	570	486
	2,288	1,737	1,510	1,270	1,124
	589	499	457	363	293
	9,554	7,676	5,700	5,623	4,760
	436	473	330	299	205
	10,579	8,648	6,486	6,285	5,258
	360	303	221	159	193
	277	139	0.0	0.0	0.0
	947	814	768	604	562
	12,164	9,904	7,476	7,048	6,013
	14,451	11,642	8,986	8,318	7,136
	38,071	33,453	28,390	26,153	23,917
Assets — additional as-filed lines
	0.0	0.0	198	0.0	0.0
Trade payables — MSME split
	54.2	54.3	21.5	—	—
	9,499	7,622	5,678	—	—

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

HEROMOTOCO₹5,105.00

Hero MotoCorp Ltd.

· Auto & Mobility

₹ CrorePeersBAJAJ-AUTO TVSMOTOR EICHERMOT BHARATFORG TIINDIA EXIDEIND HYUNDAI MRFMcap ₹1.02L Cr

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In ₹ Crore except Per Share As of	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/09/2026
Non-current Assets
+ Property, Plant & Equipment	5,159.4	5,212.6	5,219.1	5,325.3	6,316.5
+ Capital Work-in-Progress	122.1	127.2	105.4	244.7	422.3
+ Investment Property	0.0	0.0	483.4	502.6	0.0
+ Other Intangibles	518.5	543.7	580.5	545.7	464.2
+ Intangibles under Development	331.6	356.9	381.8	520.3	637.9
+ Investments (Equity Method)	2,618.7	3,083.6	2,980.9	3,901.2	6,049.3
+ Non-current Investments	4,600.4	5,362.6	4,767.3	3,180.3	6,175.6
+ Long-term Loans	19.9	21.2	24.9	28.5	26.9
+ Other Non-current Financial Assets	206.1	189.4	47.1	54.0	195.1
Non-current Financial Assets	4,826.3	5,573.2	4,839.3	3,262.9	6,397.6
+ Deferred Tax Assets	270.7	335.7	0.0	—	—
+ Other Non-current Assets	634.3	604.6	366.0	245.4	299.8
Total Non-current Assets	14,481.7	15,837.3	14,956.4	14,548.1	20,587.5
Current Assets
+ Inventories	1,756.4	1,755.9	2,013.3	2,650.1	3,076.2
+ Current Investments	3,671.9	4,305.1	6,636.0	12,204.8	8,779.6
+ Trade Receivables	2,719.5	2,630.2	3,381.3	2,339.9	3,247.7
+ Cash & Cash Equivalents	226.3	604.9	383.6	686.7	1,020.9
+ Other Bank Balances	196.5	91.6	190.5	80.0	77.2
+ Short-term Loans	23.7	24.6	27.1	27.9	27.6
+ Other Current Financial Assets	571.7	423.5	141.6	115.4	132.1
Current Financial Assets	7,409.5	8,079.9	10,760.0	15,454.7	13,285.1
+ Other Current Assets	269.5	479.7	462.4	799.7	1,122.3
Total Current Assets	9,435.3	10,315.5	13,433.9	18,904.5	17,483.6
Total Assets	23,917.0	26,152.8	28,390.3	33,452.6	38,071.1
Equity
+ Equity Share Capital	40.0	40.0	40.0	40.0	40.0
+ Other Equity / Reserves	16,615.6	17,658.9	19,232.0	21,571.2	23,369.1
Equity — Owners of Parent	16,655.6	17,698.9	19,272.0	21,611.2	23,409.1
+ Minority Interest	125.1	135.7	132.1	199.8	210.7
Total Equity	16,780.6	17,834.6	19,404.1	21,811.0	23,619.8
Liabilities
+ Borrowings — Non-current	20.1	0.0	0.0	0.0	0.0
+ Other Non-current Financial Liab	416.0	377.3	340.0	327.8	835.9
Non-current Financial Liabilities	436.1	377.3	340.0	327.8	835.9
+ Provisions — Non-current	201.9	322.5	495.3	698.0	745.0
+ Deferred Tax Liabilities	485.8	570.1	674.9	711.5	706.9
Non-current Liabilities	1,123.8	1,269.9	1,510.3	1,737.2	2,287.8
+ Borrowings — Current	293.2	363.4	456.8	498.6	589.0
+ Trade Payables	4,760.1	5,622.9	5,699.7	7,676.3	9,553.6
+ Other Current Financial Liab	204.6	298.8	329.9	472.7	436.2
Current Financial Liabilities	5,257.9	6,285.1	6,486.3	8,647.5	10,578.8
+ Provisions — Current	192.7	159.4	221.5	303.1	360.2
+ Current Tax Liabilities	0.0	0.0	0.0	139.4	277.1
+ Other Current Liabilities	562.1	603.9	768.2	814.4	947.4
Current Liabilities	6,012.6	7,048.4	7,476.0	9,904.3	12,163.5
Total Liabilities	7,136.4	8,318.2	8,986.2	11,641.6	14,451.3
Total Equity & Liabilities	23,917.0	26,152.8	28,390.3	33,452.6	38,071.1
Assets — additional as-filed lines
+ Current Tax Assets	0.0	0.0	198.1	0.0	0.0
Trade Payables — MSME split
+ Dues to Micro & Small — Current	—	—	21.5	54.3	54.2
+ Dues to Other Creditors — Current	—	—	5,678.2	7,622.0	9,499.3

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

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Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.