Hero Motocorp Limited

Manufacturer of motorcycles with multiple facilities and a diverse product portfolio.

1984 | Delhi (India) | Active
Last Updated: January 03, 2025

Hero Motocorp Profile

Key Indicators

  • Authorised Capital ₹ 58.00 Cr
  • Paid Up Capital ₹ 40.00 Cr
  • Company Age 41 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 3,892.30 Cr
  • Revenue Growth -5.03%
  • Profit Growth -16.57%
  • Ebitda -16.18%
  • Net Worth 3.85%
  • Total Assets -2.02%

About Hero Motocorp

Hero Motocorp Limited (HML) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 January 1984 and has a history of 41 years and one month. Its registered office is in Delhi, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500182 and on the National Stock Exchange(NSE) under HEROMOTOCO.

The Corporate was formerly known as Hero Honda Motors Limited. The Company is engaged in the Automotive 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 58.00 Cr and a paid-up capital of Rs 40.00 Cr.

The company has closed loans amounting to ₹3,892.30 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Hero Motocorp Limited India are Dhiraj Kapoor as Company Secretary, Vivek Anand as Cfo, and Niranjan Gupta as Ceo. Suman Munjal, Pradeep Dinodia, Vasudha Dinodia, and Seven other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L35911DL1984PLC017354

  • Company No.

    017354

  • Stock Symbol

    BSE : 500182 NSE : HEROMOTOCO

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Jan 1984

  • Date of AGM

    12 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Automotive

What products or services does Hero Motocorp Limited offer?

Hero Motocorp Limited offers a wide range of products and services, including Automobile Interiors & Accessories, Driving Helmets, Scooty Foot Mat, Seat Covers, Motorcycles and Cars, Motorcycle, Automobile Electrical Components, Automobile Ignition Systems & Parts, Scooter, Hero Scooter.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Niranjan Gupta Country flag representing In CEO24-May-2023Current
Dhiraj Kapoor Company Secretary01-Feb-2022Current
Vivek Anand Country flag representing In CFO14-Mar-2024Current

Board Members (10)

NameDesignationAppointment DateStatus
Tina Trikha Country flag representing In Director 23-Oct-2019Current
Jagmohan Raju Country flag representing Us Director 15-Nov-2018Current
Suman Munjal Country flag representing In Director 29-Jul-2010Current
Pradeep Dinodia Country flag representing In Director 31-Mar-2001Current
Vasudha Dinodia Country flag representing In Director 25-Nov-2021Current
Rajnish Kumar Country flag representing In Director 25-Nov-2021Current

Financial Performance of Hero Motocorp.

Hero Motocorp Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 5.03% decrease. The company also saw a substantial fall in profitability, with a 16.57% decrease in profit. The company's net worth moved up by a moderate rise of 3.85%.

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
-5.03%
Revenue from Operations
-5.05%
Total Assets
-2.02%
Profit or Loss
-16.57%
Net Worth
3.85%
EBITDA
-16.18%

What is the Ownership and Shareholding Structure of Hero Motocorp?

In 2023, Hero Motocorp had a promoter holding of 34.77% and a public holding of 65.22%. The company had 1 Subsidiary and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹3,892.30 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 1000.00 Cr
  • Il & Fs Trust Company Limited : 1000.00 Cr
  • Axis Trustee Services Limited : 925.00 Cr
  • Bank Of America N.A : 425.00 Cr
  • Icici Bank Limited : 300.00 Cr
  • Others : 242.30 Cr

Latest Charge Details

DateLenderAmountStatus
01 Mar 2011Idbi Trusteeship Services Limited₹1,000.00 CrSatisfied
01 Mar 2011Il & Fs Trust Company Limited₹1,000.00 CrSatisfied
01 Mar 2011Axis Trustee Services Limited₹900.00 CrSatisfied
29 Dec 2010Axis Trustee Services Limited₹25.00 CrSatisfied
07 Dec 2010Bank Of America N.A₹425.00 CrSatisfied

How Many Employees Work at Hero Motocorp?

Hero Motocorp has a workforce of 14072 employees as of Apr 08, 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 Motocorp, 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 Motocorp'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 Motocorp

Recent activity within the organization

  • Annual General Meeting

    Hero Motocorp Limited last Annual general meeting of members was held on 12 Aug 2024 as per latest MCA records.

    12 Aug 2024

  • Balance Sheet

    Hero Motocorp Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Vivek Anand was appointed as a Cfo was appointed as a Cfo on 14 Mar 2024 & has been associated with this company since 11 months 9 days .

    14 Mar 2024

  • Director Appointment

    Niranjan Kumar Gupta was appointed as a Ceo was appointed as a Ceo on 24 May 2023 & has been associated with this company since 1 year 9 months .

    24 May 2023

  • Director Appointment

    Dhiraj Kapoor was appointed as a Company Secretary was appointed as a Company Secretary on 01 Feb 2022 & has been associated with this company since 3 years 20 days .

    01 Feb 2022

  • Director Appointment

    Vasudha Dinodia was appointed as a Director was appointed as a Director on 25 Nov 2021 & has been associated with this company since 3 years 2 months .

    25 Nov 2021

Frequently asked questions

  • Hero Motocorp Limited was incorporated on 19 Jan 1984.

  • The authorized share capital of Hero Motocorp Limited is ₹ 58.00 Cr and paid-up capital is ₹ 40.00 Cr.

  • Currently 13 directors are associated with Hero Motocorp Limited.

    • Suman Kant Munjal
    • Pradeep Dinodia
    • Vasudha Dinodia
    • Tina Trikha
    • Rajnish Kumar
    • Birender Singh Dhanoa
    • Dhiraj Kapoor
    • Vivek Anand
    • Niranjan Kumar Gupta
    • Camille Miki Tang
    • Jagmohan Singh Raju
    • Vikram Sitaram Kasbekar
    • Pawan Munjal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hero Motocorp Limited is The Grand Plaza Plot No. 2 Nelson Mandela Road, Vasant Kunj - Phase -Ii India, New Delhi, 110070.

  • The corporate identification number (CIN) of Hero Motocorp Limited is L35911DL1984PLC017354 and the company number is 017354 as per Ministry of Corporate Affairs (MCA).

  • Yes, Hero Motocorp Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): HEROMOTOCO.

  • The Official website of Hero Motocorp Limited is https://www.heromotocorp.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Hero Motocorp Limited has fallen by -5.03%.

  • As Per 2022 financial reports, 14072 employees are currently employed by Hero Motocorp Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Hero Motocorp Limited has experienced an upsurge of 3.85%.

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

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