Hero MotoCorp concluded the 2026 fiscal year with a robust performance, reporting 6.5 million total dispatches. The company achieved a 10% volume growth for the full year, with a strong finish in Q4 2026 marked by a 24% dispatch growth. March 2026 performance was particularly notable, with 598,198 units dispatched, reflecting strong demand across domestic and international markets, alongside significant growth in the scooter and electric vehicle segments.
Fiscal Year Highlights
Hero MotoCorp has demonstrated resilient growth, closing FY 2026 with total dispatches of 6,468,834 units, compared to 5,899,187 units in the previous year. March 2026 alone saw the company dispatch 598,198 units. Retail performance mirrored these strong results, with VAHAN registrations indicating a 24% growth during the month.
Segment-Wise Performance
The company experienced strong demand, particularly in the 100-125cc motorcycle segment. The internal combustion engine (ICE) scooter segment saw a 24% robust double-digit growth, aided by the success of the Glamour and Xtreme product ranges. Rural markets also showed improved sentiment, further bolstered by early festive tailwinds.
Electric Mobility and Global Expansion
The VIDA brand continued its rapid upward trajectory, achieving its highest monthly VAHAN registrations of 21,434. This reflects a 70% month-on-month growth, contributing to a massive 154% full-year growth for the segment in FY26. Meanwhile, the Global Business unit hit a significant milestone, recording its highest-ever dispatches with a 16% growth in March 2026 and a 40% dispatch growth for the full fiscal year.
Dispatch Data Summary
For the month of March 2026, the company dispatched 532,383 motorcycles and 65,815 scooters. Domestic dispatches reached 552,505 units, while exports totaled 45,693 units, rounding out a strong performance for the final month of the financial year.
Source: BSE
