Hero MotoCorp records 24% dispatch growth in Q4 2026

Hero MotoCorp, the world's largest manufacturer of motorcycles and scooters, reported a strong performance in March 2026 with dispatches of 598,198 units as compared to 549,604 units during the same period last year. Retail performance also remained robust during the month with 542,436* VAHAN registrations indicating growth of ~24%.

*Data from VAHAN except Telangana, as on April 1, 2026.

Demand led by 100-125cc segment; Double-digit growth in scooter segment

Strong performance continued in March the ICE scooter segment with robust double-digit growth of 24%, supported by a strengthened product portfolio and scale-up of the Glamour and Xtreme range of Motorcycles. Additionally, the demand sentiment improved in the rural markets aided by early festive tailwinds.

VIDA Scales New Heights with highest monthly VAHAN registrations

VIDA, Hero MotoCorp's Emerging Mobility business, continued its upward growth trajectory with highest monthly VAHAN registrations of 21,434, recording a ~70% month-onmonth growth in sales volume as compared to the previous month. Vida dispatches recorded full year growth of 154% in FY26. As part of its partnership with Kolkata Knight Riders (KKR), VIDA unveiled the VX2 Plus - KKR Limited Edition, featuring a custom helmet in a knight-inspired purple and gold theme. Additionally, the Vida V2 & Vida VX2 reinforced its leadership in the EV scooter segment, emerging as the highest-ranked models in the 2026 India Two-Wheeler Initial Quality Study by J.D. Power.

Global Business: Closed FY 2026 on a strong note with highest ever dispatches

The Company's Global Business recorded highest ever dispatches with growth of ~16% in March 2026 with 45,693 units, compared to 39,518 units during the same period last year. The segment also recorded an all-time high of ~40% dispatch growth in FY26. Strong demand for premium portfolio products across motorcycles and scooters drove growth in key international markets.

Hero MotoCorp continued to strengthen its brand presence through marquee events and notable recognitions. The Company, in partnership with the DP World Tour and the Indian Golf Union, successfully hosted the Hero India Open from March 26-29, 2026 culminating in Alex Fitzpatrick clinching his maiden DP World Tour title. Additionally, the Hero MotoSports Team Rally delivered a commendable performance at Rally Raid Portugal 2026, securing a strong top-10 finish.

Shares of Hero MotoCorp Limited was last trading in BSE at Rs. 5124.15 as compared to the previous close of Rs. 5060.35. The total number of shares traded during the day was 10076 in over 2452 trades.

The stock hit an intraday high of Rs. 5241.80 and intraday low of 5080.00. The net turnover during the day was Rs. 51956878.00.

Source : Equity Bulls

Keywords

HeroMotoCorp INE158A01026 2Wheelers SalesVolume FY26 March2026