Hero MotoCorp delivered a mixed yet largely positive performance in February 2026, with strong year-on-year (YoY) growth across key commuter and premium segments, even as month-on-month (MoM) momentum showed signs of moderation.
Here’s a deep dive into the model-wise performance:
Key Highlights
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Splendor continues its dominance with over 3 lakh units, growing 59% YoY
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Strong growth in premium and lifestyle motorcycles like Xpulse 200 and HD X440
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EV portfolio (Vida) sees robust traction with 133% YoY growth
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Scooter segment remains volatile with mixed trends
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Sequential (MoM) growth shows cooling across several high-volume models
Motorcycles: Core Strength Remains Intact
High-Volume Commuters Lead Growth
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Splendor: 3,08,980 units (+59% YoY, -1% MoM). Continues to be the backbone of Hero’s portfolio, driven by rural demand recovery and strong brand recall.
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HF Deluxe: 71,717 units (+2% YoY, flat MoM). Stable but muted growth, indicating saturation in the entry segment.
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Passion: 20,041 units (+28% YoY, +12% MoM). One of the few models showing healthy sequential momentum.
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Glamour: 22,677 units (+186% YoY, -6% MoM). Strong YoY surge suggests base effect + renewed demand in the 125cc category.
Premium & Enthusiast Segment Gaining Traction
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Xpulse 200: 3,602 units (+112% YoY, +25% MoM)Clear winner in Hero’s premium lineup with growing adventure segment appeal.
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Xtreme 125R: 18,481 units (+14% YoY, -11% MoM)Growth remains steady but sequential decline hints at demand normalization.
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Xtreme (160cc): 2,516 units (-8% YoY, +45% MoM)Recovery visible on a monthly basis.
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HD X440: 2,078 units (+215% YoY, +120% MoM)Strong ramp-up indicates increasing acceptance in the premium lifestyle segment.
Scooters: Mixed Performance
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Destini 125: 27,369 units (+89% YoY, -1% MoM). Strong YoY growth but plateauing MoM.
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Pleasure: 7,046 units (-40% YoY, -4% MoM). Continues to struggle amid intense competition.
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Xoom: 4,168 units (+130% YoY, -35% MoM). Good annual growth but a sharp sequential drop raises concerns.
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Xoom 160 (New Launch): 774 units. Early traction is visible with +36% MoM growth.
Electric Mobility: Strong Momentum
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Vida (EV Scooter): 14,320 units (+133% YoY, +4% MoM). One of the standout performers, signaling Hero’s improving positioning in the EV space.
Hero MotoCorp’s February 2026 performance highlights three clear trends:
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Commuter dominance remains unchallenged: Splendor continues to anchor volumes and profitability.
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Premium strategy is finally gaining traction: Xpulse and HD X440 are proving Hero can play beyond entry-level segments.
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Scooter portfolio needs urgent strengthening: Inconsistent performance indicates weak positioning versus rivals.
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EV is emerging as a serious growth pillar: Vida’s scale-up is a strong positive signal for future readiness.
February 2026 reinforces Hero MotoCorp’s leadership in the commuter motorcycle segment, while also showcasing early success in premium and electric categories. However, sustaining momentum in scooters and managing portfolio complexity will be critical for long-term growth.
