Hero Fincorp Limited

₹1,050.00

0.00% 05 Mar 2026

Listing Status: Active

herofincorp.com

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Key Metrics of Hero Fincorp

Market Cap13377 Cr.
Total Equity Funding$275M in 4 rounds
Latest Funding Round$126M, PE Feb 04, 2022
Post Money Valuation—
Annual Revenue₹9,903 Cr
EBITDA₹3,828 Cr
EBITDA Margin38.65%
Net Profit₹156 Cr
Net Profit Margin1.58%

About the Company

Hero Fincorp is a systematically important NBFC offering both consumer and business loan products. The flagship product is 2-wheeler financing....

Price on BSE Volume

Funding Rounds

Total Rounds: 4 Herofincorp

S.No.	Date	Round Name	Amount	TTM Revenue	Investors & Facilitators
1.	Feb 4, 2022	PE	$125.6M	$639.0M	Inst: Apollo Global Management Facil: JM Financial
2.	May 29, 2020	PE	-	$550.6M	Inst: Apis Partners
3.	Sep 15, 2016	PE	$149.3M	$158.4M	Inst: ChrysCapital, Credit Suisse, Hero MotoCorp
4.	N/A	Conventional Debt	-	-	Facil: ITI Capital

Financial Statements

Revenue - INR (Cr)

Net Profit/Loss - INR (Cr)

Select a year from the tabs

FY 24-25

FY 23-24

FY 22-23

FY 21-22

FY 20-21

FY 19-20

FY 18-19

FY 17-18

FY 16-17

FY 15-16

FY 14-15

FY 13-14

Detailed Income Statement

FY 24-25 (in Cr)

9,903.3

9,647.2

Profit/(Loss) before tax

256.1

146.1

Profit/(Loss) for the year

110.0

Detailed Balance Sheet

FY 24-25 (in Cr)

60,042.4

5,760.8

172.1

54,109.6

60,042.4

1,141.4

Property, plant and equipment	172.2
Intangible assets	73.7
Right-of-use assets	112.5
Capital work-in-progress	1.6
Non-current Investments	0
Current tax assets (net)	165.7
Deferred tax assets (net)	463.5
Long term loans and advances	0
Intangible assets under development	18.2
Other non-current assets	134.2

58,901.0

Detailed Cash Flow Statement	FY 24-25 (in Cr)

Detailed Income Statement

FY 23-24 (in Cr)

8,359.7

7,399.2

Profit/(Loss) before tax

960.5

323.5

Profit/(Loss) for the year

637.0

Detailed Balance Sheet

FY 23-24 (in Cr)

53,204.7

5,772.0

185.6

47,247.1

53,204.7

939.7

Property, plant and equipment	181.0
Intangible assets	145.4
Right-of-use assets	0
Capital work-in-progress	0
Non-current Investments	0
Current tax assets (net)	155.5
Deferred tax assets (net)	369.0
Long term loans and advances	0
Intangible assets under development	0.8
Other non-current assets	88.0

52,264.9

Detailed Cash Flow Statement	FY 23-24 (in Cr)

Detailed Income Statement

FY 22-23 (in Cr)

6,447.5

5,712.3

Profit/(Loss) before tax

735.2

255.3

Profit/(Loss) for the year

479.9

Detailed Balance Sheet

FY 22-23 (in Cr)

43,451.2

5,247.8

131.2

38,072.2

43,451.2

734.4

Property, plant and equipment	67.6
Intangible assets	64.7
Right-of-use assets	0
Capital work-in-progress	0
Non-current Investments	0
Current tax assets (net)	147.4
Deferred tax assets (net)	376.2
Long term loans and advances	0
Intangible assets under development	2.8
Other non-current assets	75.7

42,716.9

Detailed Cash Flow Statement	FY 22-23 (in Cr)

Detailed Income Statement

FY 21-22 (in Cr)

4,797.7

5,051.7

Profit/(Loss) before tax

(254.0)

(62.1)

Profit/(Loss) for the year

(191.0)

Detailed Balance Sheet

FY 21-22 (in Cr)

34,399.1

4,770.0

113.4

29,515.7

34,399.1

731.9

Property, plant and equipment	49.5
Intangible assets	21.4
Right-of-use assets	43.1
Capital work-in-progress	0
Non-current Investments	0
Current tax assets (net)	116.7
Deferred tax assets (net)	433.7
Long term loans and advances	0
Intangible assets under development	0.8
Other non-current assets	66.8

33,667.2

Detailed Cash Flow Statement	FY 21-22 (in Cr)

Detailed Income Statement

FY 20-21 (in Cr)

4,333.5

4,262.5

Profit/(Loss) before tax

71.1

19.5

Profit/(Loss) for the year

51.6

Detailed Balance Sheet

FY 20-21 (in Cr)

29,996.0

4,967.8

95.3

24,933.0

29,996.0

540.0

Property, plant and equipment	53.1
Intangible assets	22.5
Right-of-use assets	40.2
Capital work-in-progress	0
Non-current Investments	0
Current tax assets (net)	42.4
Deferred tax assets (net)	341.0
Long term loans and advances	0
Intangible assets under development	0.6
Other non-current assets	40.2

29,456.0

Detailed Cash Flow Statement	FY 20-21 (in Cr)

Detailed Income Statement

FY 19-20 (in Cr)

3,855.2

3,406.4

Profit/(Loss) before tax

448.8

170.8

Profit/(Loss) for the year

278.0

Detailed Balance Sheet

FY 19-20 (in Cr)

27,199.1

4,471.3

136.7

22,591.1

27,199.1

472.1

Property, plant and equipment	72.3
Intangible assets	19.3
Right-of-use assets	56.9
Capital work-in-progress	0.0
Non-current Investments	0
Current tax assets (net)	40.8
Deferred tax assets (net)	254.6
Long term loans and advances	0
Intangible assets under development	0.6
Other non-current assets	27.6

26,727.0

Detailed Cash Flow Statement	FY 19-20 (in Cr)

Detailed Income Statement

FY 18-19 (in Cr)

2,518.5

2,127.4

Profit/(Loss) before tax

391.0

145.3

Profit/(Loss) for the year

245.8

Detailed Balance Sheet

FY 18-19 (in Cr)

21,068.7

3,641.9

91.4

17,335.4

21,068.7

322.4

Property, plant and equipment	82.1
Intangible assets	21.7
Right-of-use assets	0
Capital work-in-progress	0
Non-current Investments	0
Current tax assets (net)	16.4
Deferred tax assets (net)	176.6
Long term loans and advances	0
Intangible assets under development	0.2
Other non-current assets	25.4

20,746.4

Detailed Cash Flow Statement	FY 18-19 (in Cr)

Detailed Income Statement

FY 17-18 (in Cr)

1,817.8

1,814.0

Other income

3.7

1,575.8

Cost of materials consumed

Purchases of stock-in-trade

Changes in inventories of finished goods, work-in-progress and stock-in-trade

Employee benefit expense

134.5

Finance costs

685.6

Total depreciation, depletion and amortisation expense

26.5

705.9

Total profit before prior period items, exceptional items, extraordinary items and tax

242.0

Exceptional items before tax

Total profit before extraordinary items and tax

242.0

Extraordinary items before tax

Total profit before tax

242.0

85.5

Total profit (loss) for period from continuing operations

156.5

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) from discontinuing operation after tax

Profit (loss) of minority interest

Share of profit (loss) of associates

Total profit (loss) for period

156.5

Basic earning per equity share before extraordinary items

0.0

Diluted earnings per equity share before extraordinary items

0.0

Basic earning per equity share

0.0

Diluted earnings per equity share

0.0

Detailed Balance Sheet

FY 17-18 (in Cr)

13,742.3

2,294.1

11,448.2

5,882.7

5,565.5

13,742.3

7,064.2

110.7

33.9

Deferred tax assets (net)

82.2

Other non-current assets

6,837.4

6,678.1

Detailed Cash Flow Statement	FY 17-18 (in Cr)

Detailed Income Statement

FY 16-17 (in Cr)

1,332.7

1,118.3

Other income

214.4

1,133.5

Cost of materials consumed

Purchases of stock-in-trade

Changes in inventories of finished goods, work-in-progress and stock-in-trade

Employee benefit expense

91.4

Finance costs

535.2

Total depreciation, depletion and amortisation expense

20.9

469.7

Total profit before prior period items, exceptional items, extraordinary items and tax

199.2

Exceptional items before tax

Total profit before extraordinary items and tax

199.2

Extraordinary items before tax

Total profit before tax

199.2

70.0

Total profit (loss) for period from continuing operations

129.2

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) from discontinuing operation after tax

Profit (loss) of minority interest

Share of profit (loss) of associates

Total profit (loss) for period

129.2

Basic earning per equity share before extraordinary items

0.0

Diluted earnings per equity share before extraordinary items

0.0

Basic earning per equity share

0.0

Diluted earnings per equity share

0.0

Detailed Balance Sheet

FY 16-17 (in Cr)

10,086.3

1,950.3

8,136.0

4,427.6

3,708.4

10,086.3

5,203.4

105.1

20.6

Deferred tax assets (net)

45.5

Other non-current assets

5,032.2

4,882.9

Detailed Cash Flow Statement	FY 16-17 (in Cr)

Detailed Income Statement

FY 15-16 (in Cr)

772.3

630.8

Other income

141.5

647.6

Cost of materials consumed

Purchases of stock-in-trade

Changes in inventories of finished goods, work-in-progress and stock-in-trade

Employee benefit expense

57.3

Finance costs

293.4

Total depreciation, depletion and amortisation expense

11.8

274.5

Total profit before prior period items, exceptional items, extraordinary items and tax

124.8

Exceptional items before tax

Total profit before extraordinary items and tax

124.8

Extraordinary items before tax

Total profit before tax

124.8

43.3

Total profit (loss) for period from continuing operations

81.5

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) from discontinuing operation after tax

Total profit (loss) for period

81.5

Basic earning per equity share before extraordinary items

0.0

Diluted earnings per equity share before extraordinary items

0.0

Basic earning per equity share

0.0

Diluted earnings per equity share

0.0

Detailed Balance Sheet

FY 15-16 (in Cr)

6,521.9

1,030.2

5,491.7

2,576.9

2,914.7

6,521.9

3,372.0

91.5

20.3

Deferred tax assets (net)

15.1

Other non-current assets

3,245.1

3,149.9

Detailed Cash Flow Statement	FY 15-16 (in Cr)

Detailed Income Statement

FY 14-15 (in Cr)

298.6

297.6

Other income

1.1

248.4

Cost of materials consumed

Purchases of stock-in-trade

Changes in inventories of finished goods, work-in-progress and stock-in-trade

Employee benefit expense

32.0

Finance costs

98.6

Total depreciation, depletion and amortisation expense

14.6

102.1

Total profit before prior period items, exceptional items, extraordinary items and tax

50.2

Exceptional items before tax

Total profit before extraordinary items and tax

50.2

Extraordinary items before tax

Total profit before tax

50.2

17.1

Total profit (loss) for period from continuing operations

33.2

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) from discontinuing operation after tax

Total profit (loss) for period

33.2

Basic earning per equity share before extraordinary items

0.0

Diluted earnings per equity share before extraordinary items

0.0

Basic earning per equity share

0.0

Diluted earnings per equity share

0.0

Detailed Balance Sheet

FY 14-15 (in Cr)

3,148.6

551.4

2,597.1

986.2

1,610.9

3,148.6

1,475.2

79.0

12.9

Deferred tax assets (net)

1.5

Other non-current assets

1,381.8

1,673.4

Detailed Cash Flow Statement	FY 14-15 (in Cr)

Detailed Income Statement

FY 13-14 (in Cr)

120.8

98.0

Profit/(Loss) before tax

22.8

7.9

Profit/(Loss) for the year

15.0

Detailed Balance Sheet

FY 13-14 (in Cr)

1,165.9

217.5

276.6

671.8

1,165.9

266.5

899.5

Detailed Cash Flow Statement	FY 13-14 (in Cr)

Shareholding Pattern

As of Mar 31, 2024 • Herofincorp

Total Shares 127.31M

Top Shareholders

Shareholder	Category	Shares (Mn)	% Holding
Hero MotoCorp	Parent Entity	55.86M	43.88%
BCIPL	Enterprise	25.90M	20.34%
Otter Limited	Enterprise	12.88M	10.12%
Other Investors	Other Investors	11.00M	8.64%
Renu Munjal	Other People	5.30M	4.16%

#	Shareholder	Category	Shares (Mn)	% Holding
1	Hero MotoCorp	Parent Entity	55.86M	43.88%
2	BCIPL	Enterprise	25.90M	20.34%
3	Otter Limited	Enterprise	12.88M	10.12%
4	Other Investors	Other Investors	11.00M	8.64%
5	Renu Munjal	Other People	5.30M	4.16%
6	Pawan Munjal	Other People	4.99M	3.92%
7	Suman Kant	Other People	4.28M	3.36%
8	Lc Hercules Cayman	Enterprise	2.93M	2.30%
9	Apis Growth II	Fund	2.05M	1.61%
10	Munjal Acme Packaging Systems	Enterprise	1.92M	1.51%
11	Motherson Group	Enterprise	0.13M	0.10%
12	Alzo Investments	Enterprise	0.04M	0.03%
13	APC Securities (India)	Enterprise	0.01M	0.01%
14	orbitmotors.co.in	Enterprise	0.01M	0.01%
	Total		127.31M	100%