Hero MotoCorp Limited — Q3 FY26
Hero MotoCorp reported a strong Q3 FY26 with record revenue of INR 12,328 crore (+21% YoY) and EBITDA of INR 1,810 crore (+23% YoY).
bullish
high
✓ Verified against BSE filing
Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.
Q2 FY26
H2 FY26 industry growth of 8%-10%
Management expects the two-wheeler industry to grow 8%-10% in the second half of FY26, with Hero poised to outperform and gain market share.
Delivered
Current-quarter results and commentary indicate the prior promise was delivered or materially on track.
heuristic_v1
Q2 FY26
EBITDA margin guidance of 14%-16%
CFO reiterated the company's EBITDA margin guidance of 14%-16%, with continued investments in brand, products, and EV.
Delivered
Current-quarter results and commentary indicate the prior promise was delivered or materially on track.
heuristic_v1
Q2 FY26
Continued market share gains in H2
Management expects to continue gaining market share across segments, driven by new products (Glamour X, Xtreme 125R, scooters) and strong festive momentum.
Delivered
Current-quarter results and commentary indicate the prior promise was delivered or materially on track.
heuristic_v1