Hero Motors Limited · NSE:HEROMOTORS
Hero Motors — Q1 FY27 Earnings Presentation
23 slides from Hero Motors's earnings presentation, Oct 14, 2026
Slide 1: Exchange intimation letter for investor presentation
October 14, 2026 BSE Limited (“BSE”) National Stock Exchange of India Limited (“NSE”) Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Mumbai – 400001 Bandra Kurla Complex, Bandra (E), Mumbai – 400051 Scrip Code: 544936 Symbol: HEROMOTORS Subject: Investor Presentation Dear Sir
Slide 2: Q1-FY27 Earnings Presentation
HERO MOTORS LIMITED Q1-FY27 Earnings Presentation HERO MOTORS LIMITED HMC HIVE Roadshow | STRICTLY Presentation CONFIDENTIAL Confidential 1
Slide 3: Hero Motors – At a Glance (1/2)
Hero Motors – At a Glance (1/2) A technology-led highly engineered automotive powertrain solutions company catering to domestic & global OEM(1)s Among the few companies Key Highlights globally that can design high Only player manufacturing and 2 6 exporting CVT hubs to the global Technology centers
Slide 4: Hero Motors – At a Glance (2/2)
Hero Motors – At a Glance (2/2) Serving clients both in India and internationally with key global partnership Financial Highlights (Amounts in ₹ Mn) Q1-FY27 Q1-FY26 Acquisitions & JVs Acquisition: JV Partner: JV Partner: Advanced design & Yamaha Motors (1) STP Group Revenue 3,193.23 2,557.43 prototy
Slide 5: Board of Directors
Board of Directors We are led by an experienced board with extensive entrepreneurial, professional, and operational experience Pankaj Munjal Amit Gupta Abhishek Munjal Chairman, Non-Executive & Non-Independent Director Managing Director & CEO Whole Time Director ◼ Over 45 years of experience ◼ Has o
Slide 6: Senior Management Team
Senior Management Team Majority of our senior management has been associated with our Company for over five years Chandra Shekhar Mittal Anil Rathi Utkarsh Sanghi COO – Gear & Transmission COO - Bike Powertrain Chief Financial Officer ◼ Master’s degree in engg. from Technical University of Berlin ◼
Slide 7: Strategic expansion across Categories and High-Value Products
Strategic expansion across Categories and High-Value Products; Key Partnerships and Customers Onboarded Comprehensive system provider (EDUs) 2018 2021 2022 2023 2024-25 Single product Supplier (CVT systems) Supply of JV for Electric Motors Co-development ESYNC facility: Portfolio expansion CVP Syste
Slide 8: Strategic Partnerships with Global Players for Technology
Strategic Partnerships with Global Players for Technology Patented CVP technology JV Agreement in 2021 Co-development for Mass Market “Urban Hubs” in 2022 Exclusive Partnerships for ‘Urban Hubs’: Advanced Japanese motor High-quality, cost ✓ Manufacturing rights: Global design & validation technology
Slide 9: Integrated Powertrain Solutions Provider
Integrated Powertrain Solutions Provider Diversified Product Service & Offerings: Among India’s Leading Solution Provider to 1 4 Longstanding Relationships with Premier Global OEMs Global E-Mobility Growing Market Presence in the Advanced Infrastructure with Electric Bikes and Premium Two- Wheelers
Slide 10: Diversified Products and Service Offerings
Diversified Products and Service Offerings Powertrain Solutions (51%)(2) Alloys & Metallics (49%)(2) Gears & Transmissions Bike Powertrain Products / Services Gears, Shafts & Gearbox Assembly CVT Systems Chain case Swing arm Main stand Rims Gear-set Assemblies & EDUs Design, Prototyping and Validati
Slide 11: Gears & Transmissions – Business Unit Evolution
Gears & Transmissions – Business Unit Evolution Proprietary ➢ L3 / L5 E-Axle Products ➢ EV Reducer Design-to-cost Acquisition of Technology Center Solutions Commissioned in UK Gear Boxes / Partnership with Set-up of Thai Facility Transmission Systems Gear Sets Components / Sub Assemblies Sub-scale C
Slide 12: Positioning Among India's Leading Global E-Mobility Solution Providers
Positioning Us Among India’s Leading Global E-Mobility Solution Providers G&T and A&M segments are powertrain neutral whereas BPT segment caters exclusively to the EV market Our products and their applicability across market segments Product Segments E-Bikes Bikes Two Wheelers Three Passenger Commer
Slide 13: Advanced Design and Prototyping Capabilities
Advanced Design and Prototyping Capabilities Covering the full value chain in Demonstrated DTC and integrated solution capabilities across sectors transmission systems End-Product Customer Segment Program Description Production & Supply Application Design, development, and validation of Electric – V
Slide 14: Strong Research and Development Capabilities Across Key Segments
Strong Research and Development Capabilities Across Key Segments End-to-End Capabilities from Design & Engineering to Testing and Serial Production Focus segments Design & Simulation Southam, UK E-VTOL Endurance Testing Electric Vehicles & Efficiency analysis Performance Auto Offroad Vehicle
Slide 15: Key Strategies
Key Strategies Leverage Hewland’s Providing Complete Strengthening Partnerships Expertise for Design-to- Systems & Powertrain Expand into Other Market Pursue Inorganic Growth with Global Players for Cost Product and Service Solutions Segments and Geographies Opportunities Technology Solutions for E-
Slide 16: Q1-FY27 Performance Highlights
Q1-FY27 Performance Highlights HERO MOTORS LIMITED Earnings Presentation 15
Slide 17: Q1 Earning – Consolidated Basis
Q1 Earning –Consolidated Basis Revenue Mix (INR Mn) EBITDA(INR Mn) 3,193 2,557 1,556 1,208 414 273 393 1,076 1,223 269 Q1-FY26 Q1-FY27 G&T BPT A&M Total Q1-FY26 Q1-FY27 PBT(INR Mn) PAT(INR Mn) 156 96 65 39 Q1-FY26 Q1-FY27 Q1-FY26 Q1-FY27 HERO MOTORS LIMITED Roadshow Presentation Confidential
Slide 18: Q1 Earning – Standalone Basis
Q1 Earning –Standalone Basis Revenue Mix (INR Mn) EBITDA(INR Mn) 2,782 2,145 1,509 1,188 323 454 233 724 950 241 Q1-FY26 Q1-FY27 G&T BPT A&M Total Q1-FY26 Q1-FY27 PBT(INR Mn) PAT(INR Mn) 312 234 115 87 Q1-FY26 Q1-FY27 Q1-FY26 Q1-FY27 HERO MOTORS LIMITED Roadshow Presentation Confidential
Slide 19: Geographical Revenue Split
Revenue from Operations: Breakup Q1-FY26 Q1-FY27 Geographical Revenue Split 41% 41% Domestic Export 59% 59% Q1-FY26 Q1-FY27 20% 22% EV & Non-EV Split EV NON EV 78% 80% HERO MOTORS LIMITED Earnings Presentation 18
Slide 20: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance Particulars (INR Mn) Q1-FY27 Q1-FY26 YoY Revenue From Operations 3,193 2,557 24.9% Other Income 34 82 (59.5)% Operating Expense 2,834 2,370 19.6% EBITDA 393 269 45.9% EBITDA Margin (%) 12.17% 10.20% 197 Bps Depreciation 125 109 14.7% Finance Cost 112 95 1
Slide 21: Quarterly Standalone Financial Performance
Quarterly Standalone Financial Performance Particulars (INR Mn) Q1-FY27 Q1-FY26 YoY Revenue From Operations 2,782 2,145 29.7% Other Income 37 55 (31.7)% Operating Expense 2,365 1,959 20.8% EBITDA 454 241 88.4% EBITDA Margin (%) 16.11% 10.96% 515 Bps Depreciation 62 53 17.5% Finance Cost 80 73 9.9% P
Slide 22: Disclaimer
Disclaimer Hero Motors Limited No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not
Slide 23: Thank you
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