| 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 | 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 |
| 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 | 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 | 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 |
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.
1. What are Hero Motors unlisted shares?
Hero Motors unlisted shares refer to equity shares of Hero Motors Company that are not traded on stock exchanges like NSE or BSE and are available through private market transactions.
2. What does Hero Motors Company do?
Hero Motors is part of the Hero Group and operates in the auto components sector, manufacturing high-precision transmission components, EV parts, and drivetrain systems for global OEMs.
3. Why do investors consider Hero Motors unlisted shares?
Investors are attracted due to:
4. How can one buy Hero Motors unlisted shares?
These shares can be purchased via:
5. What is the minimum investment amount?
The minimum investment varies by broker and deal size, but typically ranges from ?25,000 to ?2 lakh or more.
6. What factors affect the price of Hero Motors unlisted shares?
Key valuation drivers include:
7. Is Hero Motors planning an IPO?
There have been discussions and market expectations around a potential IPO, but no confirmed listing timeline has been officially finalized.
8. What are the risks of investing in Hero Motors unlisted shares?
Risks include:
9. What are the tax implications on these shares?
10. How are Hero Motors unlisted shares transferred?
Shares are transferred via off-market transactions directly into the investor’s Demat account using DIS or broker-facilitated electronic transfer.