Hero Fincorp Limited

Financial company providing loans and bill discounting services to various entities, including HMCL ecosystem.

1991 | Delhi (India) | Active
Last Updated: December 04, 2024

Hero Fincorp Profile

Key Indicators

  • Authorised Capital ₹ 3,300.00 Cr
  • Paid Up Capital ₹ 2,127.41 Cr
  • Company Age 33 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 46,895.00 Cr
  • Satisfied Charges ₹ 10,730.27 Cr
  • Revenue Growth 29.37%
  • Profit Growth 31.62%
  • Ebitda 39.42%
  • Net Worth 9.21%
  • Total Assets 21.02%

About Hero Fincorp

Hero Fincorp Limited (HFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 December 1991 and has a history of 33 years and two months. Its registered office is in Delhi, India.

The Corporate was formerly known as Hero Honda Finlease Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 3,300.00 Cr and a paid-up capital of Rs 2,127.41 Cr.

The company currently has active open charges totaling ₹46,895.00 Cr. The company has closed loans amounting to ₹10,730.27 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Hero Fincorp Limited India are Sajin Mangalathu as Cfo, Abhimanyu Munjal as Ceo, and Shivendra Suman as Company Secretary. Pawan Munjal, Sanjay Kukreja, Abhimanyu Munjal, and Seven other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1991PLC046774

  • Company No.

    046774

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Dec 1991

  • Date of AGM

    21 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services

What products or services does Hero Fincorp Limited offer?

Hero Fincorp Limited offers a wide range of products and services, including Business Loan, Working Capital Loans, Project Finance Consultants, Home, Auto & Other Loan Services, Loan Service Providers, Corporate Finance & Leasing Advisors, Financial Service, Corporate Finance Consultant Service.

Who are the key members and board of directors at Hero Fincorp?

Executive Team (3)

NameDesignationAppointment DateStatus
Abhimanyu Munjal Country flag representing In Managing Director01-Jun-2016Current
Sajin Mangalathu Country flag representing In CFO29-Aug-2023Current
Shivendra Suman Country flag representing In Company Secretary21-Sep-2018Current

Board Members (9)

NameDesignationAppointment DateStatus
Renu Munjal Country flag representing In Whole-Time Director 11-Jul-1992Current
Paramdeep Singh Country flag representing Us Director 01-May-2023Current
Pawan Munjal Country flag representing In Director 16-Dec-1991Current
Sanjay Kukreja Country flag representing In Director 15-Sep-2016Current
Kaushik Dutta Country flag representing In Director 27-Jun-2024Current
Anuranjita Kumar Country flag representing Io Director 05-Feb-2024Current

Financial Performance of Hero Fincorp.

Hero Fincorp Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 29.37% increase. The company also saw a substantial improvement in profitability, with a 31.62% increase in profit. The company's net worth moved up by a moderate rise of 9.21%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
29.37%
Revenue from Operations
29.17%
Total Assets
21.02%
Profit or Loss
31.62%
Net Worth
9.21%
EBITDA
39.42%

What is the Ownership and Shareholding Structure of Hero Fincorp?

In 2024, Hero Fincorp had a promoter holding of 79.53% and a public holding of 20.45%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹46,895.00 Cr

Satisfied Charges

₹10,730.27 Cr

Charges Breakdown by Lending Institutions

  • Others : 46895.00 Cr

Latest Charge Details

DateLenderAmountStatus
17 May 2024Others₹225.00 CrOpen
02 Feb 2024Others₹25.00 CrOpen
12 May 2023Others₹50.00 CrOpen
30 Dec 2022Others₹35.00 CrOpen
22 Nov 2022Others₹285.00 CrOpen

How Many Employees Work at Hero Fincorp?

Hero Fincorp has a workforce of 3302 employees as of Dec 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hero Fincorp, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Hero Fincorp's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Hero Fincorp

Recent activity within the organization

  • Charges

    A charge registered on 09 Oct 2020 via Charge ID 100403754 with Others was fully satisfied on 06 Nov 2024.

    06 Nov 2024

  • Charges

    A charge registered on 13 Dec 2022 via Charge ID 100676333 with Others was fully satisfied on 30 Oct 2024.

    30 Oct 2024

  • Charges

    A charge registered on 20 Jul 2021 via Charge ID 100474250 with Others was fully satisfied on 30 Oct 2024.

    30 Oct 2024

  • Charges

    A charge registered on 29 Jan 2021 via Charge ID 100435627 with Others was fully satisfied on 30 Oct 2024.

    30 Oct 2024

  • Charges

    A charge registered on 13 Aug 2021 via Charge ID 100494745 with Others was fully satisfied on 28 Oct 2024.

    28 Oct 2024

  • Annual General Meeting

    Hero Fincorp Limited last Annual general meeting of members was held on 21 Aug 2024 as per latest MCA records.

    21 Aug 2024

Frequently asked questions

  • Hero Fincorp Limited was incorporated on 16 Dec 1991.

  • The authorized share capital of Hero Fincorp Limited is ₹ 3,300.00 Cr and paid-up capital is ₹ 2,127.41 Cr.

  • Currently 13 directors are associated with Hero Fincorp Limited.

    • Pawan Munjal
    • Sanjay Kukreja
    • Abhimanyu Munjal
    • Kaushik Dutta
    • Paramdeep Singh
    • Anuranjita Kumar
    • Aparna Popat Ved
    • Amar Raj Bindra
    • Sajin Purushothaman Mangalathu
    • Abhimanyu Munjal
    • Shivendra Kumar Suman
    • Pradeep Dinodia
    • Renu Munjal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hero Fincorp Limited is 34 Community Centre, Basant Lok Vasant Vihar India, New Delhi, 110057.

  • The corporate identification number (CIN) of Hero Fincorp Limited is U74899DL1991PLC046774 and the company number is 046774 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hero Fincorp Limited is https://www.herofincorp.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for Hero Fincorp Limited has risen by 29.37%.

  • As Per 2024 financial reports, 3302 employees are currently employed by Hero Fincorp Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Hero Fincorp Limited has experienced an upsurge of 9.21%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Hero Fincorp Limited amount to ₹ 46,895.00 Cr.

  • The most recent Balance Sheet for Hero Fincorp Limited was filed with the ROC on 31 Mar 2024.

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