Revenue distribution by sectors:

• Motorcycles and scooters: approx. 90%
• Spare parts and accessories: approx. 8%
• Other services: approx. 2%

TOP 3 markets and their percentage shares:

• India: approx. 70%
• Latin America: approx. 15%
• Africa: approx. 10%

Hero MotoCorp Limited generates the majority of its revenue from the sale of motorcycles and scooters, with India being the dominant market. The company has expanded its presence in international markets such as Latin America and Africa, which together account for about 25% of the revenue. Diversification into spare parts and services also contributes to the income, but to a lesser extent.

Production sites of Hero MotoCorp Limited:

1. India:

   • Dharuhera, Haryana
   • Gurgaon, Haryana
   • Haridwar, Uttarakhand
   • Neemrana, Rajasthan
   • Vadodara, Gujarat
   • Chittoor, Andhra Pradesh

2. International:

   • Colombia
   • Bangladesh

Hero MotoCorp Limited is one of the largest motorcycle and scooter manufacturers in the world. The company has expanded its production capacities in both India and internationally to meet the growing global market demands. The production facilities in India are strategically positioned in different states to ensure efficient logistics and supply in the regional markets. Internationally, Hero MotoCorp has expanded its presence through production sites in Colombia and Bangladesh to better meet local market demands and strengthen export capacities.

Revenue Growth: Estimated 8-10% (2025, based on market developments) Market Expansion: Focus on international markets and electromobility

Hero MotoCorp Limited is pursuing a strategy based on expanding its product range in the field of electromobility. The company plans to strengthen its presence in the growing market for electric vehicles to benefit from the increasing demand for environmentally friendly transportation solutions.

In addition, Hero MotoCorp is focusing on expanding into international markets, particularly in Asia and Africa, to attract new customers and increase market share. This strategy is supported by partnerships and joint ventures that facilitate market entry and leverage local market knowledge.

Another focus is on continuously improving production capacities and introducing innovative technologies to increase efficiency and reduce costs. This is intended to enhance the company's competitiveness on a global scale.

Main Imported Raw Materials:

• Steel
• Aluminum
• Plastic components

Countries of Origin:

• Steel: China, Japan, South Korea
• Aluminum: Australia, China
• Plastic components: Germany, Taiwan

Hero MotoCorp Limited, as one of the world's largest motorcycle manufacturers, imports a variety of raw materials to meet its production requirements. Steel is one of the most important raw materials, mainly imported from China, Japan, and South Korea to manufacture the frames and other structural components of the motorcycles.

Aluminum is also needed in large quantities, especially for lightweight and corrosion-resistant parts. The main suppliers are Australia and China, known for their extensive aluminum reserves.

Plastic components used for fairings and other non-structural parts are often imported from Germany and Taiwan, as these countries are known for their high-quality plastic products and technologies.

Market share in India: approximately 35% (2025, estimated)
R&D expenses: 3% of revenue (2024)
Export growth: 10% (2024)

Hero MotoCorp Limited has a significant competitive advantage, especially in the Indian market, where it is a leader with an estimated market share of about 35%. This advantage stems from a strong brand presence, a wide distribution network, and a diverse product range tailored to the needs of Indian consumers.

The company consistently invests in research and development, with around 3% of revenue allocated to this area. These investments enable Hero MotoCorp to develop innovative products and respond to changing market demands.

Furthermore, the company is experiencing export growth of 10%, indicating successful expansion into international markets. This diversification helps to spread risk and reduce dependence on the domestic market.

Institutional Investor Share: approximately 35% (estimated for 2025)
Insider Buys/Sells: No significant transactions reported in 2025

The institutional investor share in Hero MotoCorp Limited is estimated to be around 35%. This figure is based on historical trends and typical holdings in the industry.

No significant insider buys or sells were reported in 2025. This suggests a stable internal assessment of the company's value, without major changes in ownership structure by management or other insiders.

Market share of Hero MotoCorp: 35% (2025, estimated)

Top competitors and their market shares:

1. Bajaj Auto: 20%
2. TVS Motor Company: 18%
3. Honda Motorcycle & Scooter India: 15%
4. Royal Enfield (Eicher Motors): 7%
5. Suzuki Motorcycle India: 5%

Hero MotoCorp is the leading manufacturer in the Indian two-wheeler market with an estimated market share of 35%. The company benefits from a strong brand presence, a wide distribution network, and high customer loyalty, which represents a significant moat.

Compared to its competitors, Hero MotoCorp has an advantage due to its market leadership and the ability to produce cost-effectively. Bajaj Auto and TVS Motor Company are also strong competitors that excel through innovations and a diversified product portfolio.

Honda Motorcycle & Scooter India poses strong competition through technological innovations and a strong global brand. Royal Enfield has a niche market with its classic motorcycles, while Suzuki Motorcycle India stands out for quality and reliability.

Overall, Hero MotoCorp has a significant moat, especially in terms of its market leadership and brand strength. However, they must remain continuously innovative to defend their position against the growing competition.

Revenue Growth: 8.5% (2024) Profit Growth: 10.2% (2024) Market Share in India: 35% (2024)

Hero MotoCorp Limited recorded a revenue growth of 8.5% in 2024, driven by strong demand for two-wheelers in India and other Asian markets. The company was able to increase its profit by 10.2%, indicating efficiency improvements and cost-cutting measures.

Hero MotoCorp's market share in India stands at 35%, positioning the company as a leading player in the industry. This strong market position provides a solid foundation for future growth, especially given the growing middle class and urbanization in India.

In addition, Hero MotoCorp is investing in the development of electric vehicles to respond to the trend towards sustainable mobility. This strategic focus could lead to a diversification of the product portfolio and further market share gains in the long term.

Overall, Hero MotoCorp demonstrates solid fundamental data and strategic initiatives that position the company well for future growth. Therefore, the stock could be an attractive investment for investors interested in long-term growth.

Dividend Yield: 3.5% (estimated for 2025)
Payout Ratio: 40% (estimated for 2025)

Hero MotoCorp Limited is known for regularly distributing dividends to its shareholders. The estimated dividend yield of 3.5% for the year 2025 indicates an attractive payout, especially compared to other companies in the industry.

The payout ratio of about 40% shows that the company is giving a significant portion of its profits to shareholders while still retaining enough funds for investments and growth. This indicates a reliable dividend policy that has been stable in the past as well.

Hero MotoCorp has demonstrated a consistent dividend history in recent years, suggesting that the company will continue to strive to provide its shareholders with an attractive return in the future.