Hero motors Limited

Hero motors Limited

Fundamentals

Hero motors Limited
₹288 Per Equity Share

Lot Size 500 Shares
52 Week High 288
52 Week Low 288
Depository NSDL & CDSL
PAN Number AAACH8459F
ISIN Number INE012G01014
CIN U29299PB1998PLC039602
RTA KFin Technologies
Market Cap (in cr.) 10924
P/E Ratio 640
P/B Ratio 28.4
Debt to Equity 0.81
ROE (%) 4.54
Book Value 10.14
Face Value 10
Total Shares 379307960

P&L Statement

P&L Statement 2022 2023 2024
Revenue 914 1055 1064
Cost of Material Consumed 660 756 640
Change in Inventory -28 -38 5
Gross Margins 27.79 28.34 39.85
Employee Benefit Expenses 56 93 181
Other Expenses 130 169 175
EBITDA 96 85 63
OPM 10.5 8.06 5.92
Other Income 73 13 19
Finance Cost 14 27 30
D&A 16 18 29
EBIT 80 67 34
EBIT Margins 8.75 6.35 3.2
PBT 138 52 24
PBT Margins 15.1 4.93 2.26
Tax 39 12 7
PAT 99 40 17
NPM 10.83 3.79 1.6
EPS 28.7 1.13 0.48

Financial Ratios

Financial Ratios 2022 2023 2024
Operating Profit Margin 10.5 8.06 5.92
Net Profit Margin 10.83 3.79 1.6
Earning Per Share (Diluted) 28.7 1.13 0.48

Balance Sheet

Assets 2022 2023 2024
Fixed Assets 165 261 366
CWIP 30 69 78
Investments 24 16 8
Trade Receivables 189 251 195
Inventory 144 196 180
Other Assets 151 199 233
Total Assets 703 251 1060

Liabilities

Liabilities 2022 2023 2024
Share Capital 34.5 353.5 353.5
FV 10 10 10
Reserves 187 -16 21
Borrowings 265 270 304
Trade Payables 138 148 136
Other Liabilities 78.5 236.5 245.5
Total Liabilities 703 992 1060

Cash-Flow Statement

Cash-Flow Statement 2022 2023 2024
PBT 138 52 24
OPBWC 99 98 104
Change in Receivables -28 -35 56
Change in Inventories -37 -19 16
Change in Payables -4 -22 -9
Other Changes 61 39 -29
Working Capital Change -8 -37 34
Cash Generated From Operations 91 61 138
Tax -26 -19 -9
Cash Flow From Operations 65 42 129
Purchase of PPE -57 -138 -133
Sale of PPE 94 0.6 0.2
Cash Flow From Investment 14 -207 -77
Borrowing -25 3 34
Dividend 0 0 0
Equity -1.3 0 0
Others From Financing -16.7 115 -51
Cash Flow from Financing -43 118 -17
Net Cash Generated 36 -47 35
Cash at the Start 18 54 7
Cash at the End 54 7 42

Shareholding Pattern

Pankaj Munjal On Behalf Of OP Munjal Holding 77.25%
South Asia Growth Invest LLC 7.34%
Bhagyoday Investments Private Limited 6.78%
Others 8.63%
Pankaj Munjal On Behalf Of OP Munjal Holding 77.25%
South Asia Growth Invest LLC 7.34%
Bhagyoday Investments Private Limited 6.78%
Others 8.63%
Pankaj Munjal On Behalf Of OP Munjal Holding 77.25%
South Asia Growth Invest LLC 7.34%
Bhagyoday Investments Private Limited 6.78%
Others 8.63%

Promoters or Management

Name Designation Experience LinkedIn Profile
Amit Gupta MD & CEO 25
Ahhishek Munjal Whole Time Director 25
Ritesh Kumar Agrawal CFO 30

Hero Motors Limited is a key entity within the Hero Group, known for its strong presence in the automotive and engineering sectors. Established with a vision to deliver world-class mobility and component solutions, the company has evolved into a leading manufacturer of premium bicycle components, e-mobility solutions, and high-precision automotive parts. Hero Motors operates across multiple verticals, including electric mobility, gear systems, transmission components, and high-end bicycles for global markets. With advanced manufacturing facilities and cutting-edge engineering capabilities, the company caters to major OEMs in India and worldwide, establishing itself as a trusted partner in the mobility supply chain.

Over the years, Hero Motors has strengthened its technological capabilities through strategic collaborations, research-driven product development, and investments in modern manufacturing infrastructure. Its portfolio includes bicycle drivetrains, e-bike parts, automotive gear assemblies, and custom-engineered components designed to meet international quality and performance standards. The company’s global footprint has expanded through partnerships with renowned European brands, enabling it to supply precision components to some of the world’s most respected bicycle and automotive manufacturers. Hero Motors’ focus on automation, robotics, and green manufacturing supports its commitment to innovation and sustainability.

From an investment perspective, Hero Motors Limited’s growth trajectory and diversified business model make it an appealing player in India’s evolving mobility landscape. The rising demand for electric bicycles, premium mobility components, and specialized engineering solutions positions the company for strong future expansion, both domestically and internationally. While the company is not publicly listed, its strong brand backing, robust export presence, and continued focus on high-value manufacturing enhance its long-term potential. With mobility trends shifting toward electrification, lightweight components, and performance engineering, Hero Motors is well-placed to capitalize on emerging opportunities and continue delivering sustainable value to stakeholders.

FAQa about Hero motors Limited


Q:1 How do I confirm my booking for Hero motors Limited shares?Answer: You can confirm your booking by contacting us and agreeing on a trading price for the unlisted shares of Hero motors Limited.

Q:2 What documents do I need to provide for purchasing Hero motors Limited shares?Answer: You need to provide your client master report, PAN card, and a cancelled cheque if you are not transferring funds from the bank account mentioned in your CMR copy.These are required as per SEBI regulations.

Q:3 How do I transfer funds for my purchase of Hero motors Limited shares?Answer: You will receive the bank details from us, and you need to transfer the funds via RTGS, NEFT, IMPS, or cheque transfer.Please note that cash deposits are not acceptable.

Q:4 Can I use a different bank account to make the payment for Hero motors Limited shares?Answer: No, payment must be made from the same bank account in which the shares are to be credited.

Q:5 What types of payment methods are accepted for purchasing Hero motors Limited shares?Answer: Accepted payment methods include RTGS, NEFT, IMPS, and cheque transfer.Cash deposits are not allowed.

Q:6 What is a client master report (CMR)?Answer: A client master report (CMR) is a document provided by your broker that contains your account details and is required for KYC verification.

Q:7 Why is it necessary to provide KYC documents when buying Hero motors Limited shares?Answer: KYC documents are required to comply with SEBI regulations and to ensure that all transactions are conducted transparently and legally.

Q:8 What happens if I do not provide the required documents for purchasing shares?Answer: If you do not provide the required KYC documents, your purchase of Hero motors Limited shares cannot be processed, and the transaction may be delayed or cancelled.



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