A hybrid power train for a vehicle may include a gear module having a plurality of shift stages of a synchromesh type on a first input shaft and an output shaft arranged in parallel, a second input shaft driven by a motor and disposed coaxially with the first input shaft, a clutch means for connecting or disconnecting the second input shaft and the first input shaft, and variable shift ratio providing means for transmitting the torque of the second input shaft to the output shaft through an external engaged-gear pair selectively in two different shift ratios.