Slides
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* него INVESTOR PRESENTATION 01 FY26-27
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A LEGACY OF TRUST 000 Ci2C 53 *AI* AWNS • 9- • • • 8' • • S i 'SM. MR SAR ••„, -, f,, a l t 4-to, ,J0 #1. .... ,... - - 4 z NpromPil He,F43 1001118,11h AAMVOISA • - lb\ _ . Vill , er , I • • • 1 • -• It He VIDAP 8 14,000+ 4 1 oN, MANUFACTURING HAPPINESS SINCE WORLD’S LARGEST MOTORCYCLE AND SCOOTER COMPANY FOR 25 CONSECUTIVE YEARS HAPPY CUSTOMERS MANUFACTURING PLANTS 8.63 MN PRODUCTION CAPACITY CUSTOMER TOUCHPOINTS YEARS OF MANUFACTURING & INNOVATION 1985 TRUSTED TWO-WHEELER BRAND, POWERED BY SCALE, EXTENSIVE CUSTOMER REACH AND FOUR DECADES OF TRANSFORMING MOBILITY BRAND HERO GLOBAL MARKETS
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i ; Hero STRONG REVENUE GROWTH DRIVEN BY VOLUME GROWTH rr' 4, = , Q1 FY27 FINANCIAL PERFORMANCE Revenue from Operations (₹ Cr) EBITDA (₹ Cr) Profit after Tax (₹ Cr) Revenue growth of 36% driven by volume growth of 23%, mix improvement and pricing benefit EBITDA margin at 13.3% impacted by commodity headwinds, partially offset by cost savings and operating leverage PAT growth of 29% supported by higher volumes and other income 9,579 12,999 Q1 FY26 Q1 FY27 36% 1,382 1,727 Q1 FY26 Q1 FY27 25% 1,126 1,454 Q1 FY26 Q1 FY27 29%
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KEY GROWTH PILLARS rzsr ims 1 1 .070 VIDAO AI jol...W4/ZS'" " Z.!7 Nr. "Au 1.P 689 Cr it He O • I glovillni VIDAP 6.9% # Based on VAHAN * Market Share (Based on al FY2:7,0iSp.c4tifeS).. ** Relierp:i.e.foc91.FY27..• • FOCUSED EXECUTION OF STRATEGIC PRIORITIES TO DRIVE SUSTAINABLE MARKET LEADERSHIP HOUSE OF STRATEGY GAIN MARKET SHARE IN 125CC Deluxe 125cc MS*: (+5.0% YoY) GROW THE CORE 100cc MS*: (+2.3% YoY) WIN IN PREMIUM Premium MS*: (Flat YoY) DRIVE SCOOTER MARKET SHARE Scooter MS*: (+2.3% YoY) EV LEADERSHIP EV MS#: (+4.0% YoY) GLOBAL BUSINESS Exports MS*: (+1.1% YoY) EXPAND PARTS BUSINESS Parts Revenue**: (+30% YoY) BUILD A FUTURE-FIT ORGANIZATION Reduce Development Cycle Time Best-in Class Quality Strengthen Forecasting & Supply Agility VX2
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it He MARKET SHARE EXPANSION IN FAST GROWTH SEGMENTS *le -44Li SUSTAINED GROWTH MOMENTUM ACROSS ICE SCOOTERS, EV SCOOTERS AND GLOBAL BUSINESS Q1 FY27 SEGMENT PERFORMANCE: MOTORCYCLES SCOOTERS (ICE + EV) TOTAL DISPATCHES (000’S) TOTAL 1,274 Q1 - FY26 93 1,367 1,484 Q1 - FY27 193 1,677 17% YoY % 107% 23% Domestic Market Share – ICE* 29.0% (+0.3% YoY) ICE Scooters Dispatch Growth 84% VIDA Dispatch Growth 151% Global Business Dispatch Growth 63%
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ACCELERATING EV ADOPTION THROUGH SUPS RIOR !Hero VIDAO PRODUCTS & SERVICES (112) 4. VIDA'PAk MD. O jtMARU NG BAS 1 t Hero **.a -..2e* • .• • . STRONG MARKET SHARE GAINS ON THE SUCCESS OF VIDA VX2 AND A DIFFERENTIATED EV ECOSYSTEM EV LEADERSHIP MARKET SHARE EXPANSION RIDING ON THE SUCCESS OF VIDA VX2 62 Towns: Top-2 Position 53 Towns: >20% Market Share INVESTMENT IN BRAND BUILDING ADDRESSING ADOPTION BARRIERS WITH A DIFFERENTIATED ECOSYSTEM CAPACITY EXPANSION & REACH Launched VIDA’s New Anthem, ‘VIDA VAKA VOOM’ 739 Dealerships 456 Cities** First leg of capacity ramp-up done Capacity to be doubled by Dec-26 Largest Fast Charging Network (5,900 points) Removable batteries + Convenient Charging - 5A Plug Pioneered Battery-as-a-Service (Pay per km from ₹0.9) VIDA VAHAN Performance 21,652 57,058 6.9% 10.9% Q1 FY26 Q1 FY27 Vida Retails Market Share Launched VIDA VX2 4.4kWh along with ‘Hafte mein ek Baar’ campaign
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ADDRESSING WHITE MARKE1 SPACES AND EXPL VIDA VX2 Go FB: ORING it Hero VIDA NEW GROWTH PLATFORMS (2/2) •_ /0 •_ It Hero • VIDA* , 4' 4 it! Nepal goes vic•Afr ltAKAVOOM EXPANDING THE EV PORTFOLIO ACROSS PRICE POINTS WHILE BUILDING A FUTURE READY PRODUCT PIPELINE EV LEADERSHIP EXPANDED VIDA PORTFOLIO TO TARGET KEY WHITE SPACES VIDA VX2 Plus 4.4kWh: Positioned in the premium segment with an IDC of 187 km Fixed battery variant with an IDC of 128 km PRODUCTION LINKED INCENTIVES (PLI) TO SUPPORT MARGINS Production Linked Incentive: ₹48 Cr in Q1FY27 60% portfolio eligible for PLI in Q1-FY27 100% to be eligible for PLI by December - 2026 Launched DIRT.E K3, a size-adaptive electric off-road motorcycle for young riders EXPLORING NEW GROWTH PLATFORMS VIDA MARKS ITS GLOBAL DEBUT WITH ENTRY INTO NEPAL VIDA entered Nepal with the launch anthem, featuring two of country’s renowned celebrities, Anna Sharma and Sabin Beast
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ro STRONG CUSTOMER RESPONSE TO THE EXPANDED SCOOTER PORTFOLIOle t Hero SCOOTER ATIIIRo WV, *71 '7-k r • XOOM 125 XOOM 160 EXPANDING CAPACITY TO SERVICE HEIGHTENED CONSUMER DEMAND ICE SCOOTERS INVESTMENT IN BRAND BUILDING DIFFERENTIATED XOOM SCOOTERS CAPACITY EXPANSION PLAN EXPANSIVE PORTFOLIO OF SCOOTERS LEADING TO MARKET SHARE EXPANSION Expanding Xoom Capacity Xoom Campaign Destini Campaign Fastest-in-class acceleration (0-60 km/h in 7.6s) Segment 1st 14-inch wheels with wider tires SUV of Scooters Smart Key Technology Passed 32 mountain passes in 7 days (Indian Book of Records) ICE Scooter Performance 67k 123k 4.6% 6.9% Q1 FY26 Q1 FY27 Domestic Dispatches Market Share Scooter 110 MS: 5.1% (+2.1% YoY) Scooter 125 MS: 8.4% (+2.0% YoY) Doubled Destini Capacity
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PORTFOLIO + PREMIA EXPANSION + COMMUNITY BUILDING L 17 \ e les • • I 55% 10D 1w 4.6 it He VIDAP o 0 o 3,600 2,700 Am! BUILDING A DIFFERENTIATED PREMIUM FRANCHISE TO SCALE OUR MARKET SHARE IN THE SEGMENT PREMIUM MOTORCYCLES PRODUCT PORTFOLIO EXPANSION HD X 440T XTREME 160R XTREME 250R XPULSE 200/210 Multiple launches planned in FY27 PREMIA CHANNEL EXPANSION COMMUNITY FIRST: XCLAN + H.O.G. (HARLEY OWNERS GROUP) Premia as of June - 26 Average Google Rating Upper Premium Market Covered 132 XClan HOG ACTIVE MEMBERS Existing New
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SUST N AINED MARKET SHARE RECOVERY • ' .0•‘,CRUISE CONTROL • hero VIDAP 0.41,40.0* Glamour X Rome 125R Super Splendor XTEC 2.0 More Product Interventions planned in 02 FY27 STRENGTHENED POSITION BY AUGMENTED PORTFOLIO, STRONGER BRAND INVESTMENTS AND TECHNOLOGY-LED DIFFERENTIATION DELUXE 125CC INVESTMENT IN BRAND BUILDING PRODUCT INNOVATION Product Refreshes RECOVERY IN DELUXE 125 MARKET SHARE Xtreme Campaign PAN India Campaign featuring Abhishek Sharma Glamour X Campaign Print inserts to support top Funnel Cruise Control Ride Modes Ride by Wire Dual Channel ABS Ride Modes Ride by Wire Deluxe 125cc Performance 110k 160k 12.8% 17.8% Q1 FY26 Q1 FY27 Domestic Dispatches Market Share
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REINFORCING LEADERSHIP IN THE 100CC SEGMENT 15% it Hero enw TimEglv 1NtNA ,T7tntr=1:17 ' VIDAP a - I afera-ardaR RECORD MARKET SHARE, STRONG RETAIL MOMENTUM AND PRODUCT INNOVATION CONTINUE TO STRENGTHEN HERO’S LEADERSHIP CORE MOTORCYCLES STRENGTHENING THE SPLENDOR PORTFOLIO THROUGH TARGETED BRAND BUILDING FUTURE READINESS WITH FLEX FUEL MOTORCYCLES MARKET SHARE EXPANSION IN 100CC PORTFOLIO Customer Focus on Mileage amidst elevated fuel prices Sharper communication amplifying the mileage leadership of Splendor All India Print Campaign Flex fuel variant of Splendor + and HF Deluxe launched Compatible with ethanol- blended fuels ranging from E20 to E85 Strong customer response since the launch Splendor+ Retail Growth in Q1 FY27 100cc Motorcycles Performance 1091k 1217k83.5% 85.8% Q1 FY26 Q1 FY27 Domestic Dispatches Market Share
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ACCELERATING GRO N Global Business dispatch growth in 01 FY27 WTH ACROSS INTE 1 RNA TIONAL MARKETS hero .ice VIDAP ,11,,1ern., 70% GROWTH IN PARTS BUSINESS PORTFOLIO EXPANSION, PREMIUM PRODUCT LAUNCHES AND FOCUSED INVESTMENT CONTINUE TO DRIVE MARKET SHARE GAINS GLOBAL BUSINESS INVESTMENT IN BRAND BUILDING PRODUCT LAUNCHES KEY HIGHLIGHTS MARKET SHARE EXPANSION CONTINUES Hunk 250R Campaign Hunter After Sales Campaign Xoom 125 launched in Colombia Xpulse 210 launched in Nepal Global Business 64k 105k 5.7% 6.8% Q1 FY26 Q1 FY27 Dispatches Market Share 63% Entered Germany (53rd Global market)
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Hero BUILDING A SCALABLE GROWTH ENGINE 7. *000 ••••• •••••• 4 000••••• 0.•••••••• ••••••••••• •••••••••••• , • ••l• ••• • • • ••••* • •,•,••••••• • • ••••• 0, * • ••••••••••••••••• EXPANDING DISTRIBUTION, BROADENING THE PORTFOLIO AND STRENGTHENING PREMIUM OFFERINGS PARTS, ACCESSORIES & MERCHANDISE PAM REVENUE (₹ Cr) GLOBAL PARTS CENTRE 2.0 (More than doubling capacity) Hero Genuine Part Distributors Retailers / Asli Heroes Expanded network to taluka level to increase rural accessibility Expansion through Hero Genuine Parts Distributors program by identifying underserved markets GPC 2.0, Tirupati Foundation Stone Laying Ceremony 1 July 2026 To be commissioned by end of 2027 1,296 1,689 Q1 FY26 Q1 FY27 INCREASING DEPTH 30% PORTFOLIO EXPANSION: INCREASING BREADTH Expanding non-vehicle revenue streams in allied business Scaling premium riding gear and lifestyle accessories
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INVESTING FOR GROWTH ■ 0 11,414:24 0 ti It Hero GENUINE PARTS hero I- ₹1,500 Cr V 7! O -O VID ••• BUILDING MANUFACTURING STRENGTH TO MEET RISING DEMAND ACROSS MOTORCYCLES, SCOOTERS & PARTS CAPACITY EXPANSION (FY26 CAPACITY: 8.63MN UNITS) FY27 CAPEX GUIDANCE Premium line at Neemrana plant to accelerate premium portfolio growth Augmenting EV Capacity to cater to increased demand for VIDA VX2 Greenfield expansion in Tirupati to enhance parts availability in India and global markets Expanded Destini capacity Xoom capacity expansion in process Increased Splendor capacity to service heightened demand due to focus on mileage leadership COMMUTER MOTORCYCLE ICE SCOOTERS EV SCOOTERS PREMIUM MOTORCYCLEGPC 2.0
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I ESG & CSR MOSTSUSTAIMBISTOTANYINANOMOBILES CII - Sohnibji Godrej Green Business Centre Horn MotoCorp Ltd, Ineemrann Plant Lik I; Hero VIDAP 1 Q1 FY27 KEY INITIATIVES - CSR • Received the 'Most Sustainable Company in Automobiles' recognition at the Business Today India's Most Sustainable Companies Awards 2026 • Neemrana Plant received a Platinum rating from the Greenco rating system • Ride Safe India project recognized as ‘Best Road Safety Project of the year – 2026 at the 3rd Global CSR and ESG awards • 11 medal haul by Khelo Hero Para-Athletes at the 8th India Open International Para- Athletics Championship • Over 12,000 OPDs conducted by Mobile Medical Units delivering doorstep medical services to communities around our Plants • 50% Green dealerships • Sustained 500% Water Positivity • 80% products covered under Life cycle assessment • Sustained 100% Zero Waste to Landfill operations • Sustained >95% product recyclability AWARDS & RECOGNITIONS LEADING THE WAY – SUSTAINABILITY TARGETS
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