A control device of a hybrid vehicle has an electric shift mechanism including a differential mechanism having a first rotating element coupled to an engine in a power transmittable manner, a second rotating element coupled to a differential electric motor in a power transmittable manner, and a third rotating element that is an output rotating member coupled to an electric motor for running in a power transmittable manner, and a mechanical shift mechanism, and makes a differential torque smaller between an output torque of the engine and an engagement torque of the engagement devices involved in a shift of the mechanical shift mechanism on the same shaft in a case of a shift with a smaller rotation speed change in the engine as compared to a case of a shift with a larger rotation speed change in the engine in the same type of shift in the mechanical shift mechanism.