Hero MotoCorp enterprise value

Share price at each year-end

Tap a line for its trend	Currentlast 12M	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus


1,02,151	—	—	—	—	FY22 and earlierEvery year the company has filed comes with Alpha Plus.
9,801	12,892	7,020	4,910	3,898
211	200	132	136	125
499	499	457	363	313
93,060	—	—	—	—
−9,302	−12,393	−6,563	−4,547	−3,585
₹4,650.66	—	—	—	—

24,118	22,310	19,861	18,198	17,094
2.1%	2.2%	2.3%	2.0%	1.8%
0.01×	—	—	—	—

1.74×	—	—	—	—
12.39×	—	—	—	—
14.06×	—	—	—	—
12.90×	—	—	—	—
53,562	47,411	40,923	37,789	34,158
7,511	7,045	5,946	5,350	4,094
6,621	6,190	5,121	4,592	3,396
—	8,315	4,297	4,923	2,614
7,215	7,215	3,441	4,135	2,010
—	7,196	3,423	4,115	1,981
—	1,100	857	788	604

Open the chart

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

HighlightsEnterprise Value Multiples Per ShareAnnuals · FY-end closes

In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Current/LTM TTM · last close
Market Capitalization	—	—	—	—	1,02,151.1
- Cash, Equiv & ST Investments	3,898.2	4,910.0	7,019.5	12,891.5	9,800.6
+ Minority Interest	125.1	135.7	132.1	199.8	210.7
+ Total Debt	313.2	363.4	456.8	498.6	498.6
Enterprise Value	—	—	—	—	93,059.7
Net Debt (memo)	-3,584.9	-4,546.6	-6,562.8	-12,393.0	-9,302.0
EV per Share	—	—	—	—	4,650.66

Total Capital	17,093.9	18,198.0	19,860.9	22,309.6	24,118.3
Total Debt/Total Capital	1.83	2.00	2.30	2.23	2.07
Total Debt/EV	—	—	—	—	0.01

EV/Sales	—	—	—	—	1.74
EV/EBITDA	—	—	—	—	12.39
EV/EBIT	—	—	—	—	14.06
EV/Free Cash Flow	—	—	—	—	12.90
Reference Items — Trailing FY Values
Sales	34,158.4	37,788.6	40,923.4	47,411.2	53,562.0
EBITDA	4,093.8	5,349.6	5,945.8	7,045.1	7,511.3
EBIT	3,396.4	4,592.3	5,121.3	6,190.1	6,620.6
Operating Cash Flow	2,613.8	4,923.1	4,297.4	8,314.6	—
Free Cash Flow	2,009.6	4,135.2	3,440.8	7,214.5	7,214.5
FCFF (free cash flow to the firm)	1,980.7	4,115.4	3,422.7	7,196.1	—
Capital Expenditure	604.3	787.9	856.6	1,100.1	—

Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave

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%.