Unlisted Shares
Hero Motors Limited
Hero Motors Limited (Unlisted)

Verified Unlisted CompanyOff-market Transfer · NSDL / CDSL
About Hero Motors Limited
Hero Motors Limited is part of the Hero Group and is engaged in the manufacturing and sale of electric vehicles, e-bikes, e-scooters, and related components. The company is focusing on the growing electric mobility segment in India with a strong emphasis on innovation, quality, and expanding its presence in the EV two-wheeler market.
Share Details
| company Name | Hero Motors Limited (Unlisted) |
| indicative Unlisted Share Price | ₹360 |
| market Capitalization | ₹12328 Crore |
| lot Size | 100 |
| 52 Week High | ₹360 |
| 52 Week Low | ₹278 |
| face Value | ₹10 |
| book Value | 11.5 |
| pe Ratio | 373.56 |
| pb Ratio | 28.26 |
| debt To Equity | 0.96 |
| return On Equity | 7.74 |
| total Outstanding Shares | 379307960 |
| isin | INE010G01022 |
| depository | NSDL & CDSL |
| pan | AAACH845F |
| cin | U29299MH2019PLC396802 |
| rta | KFin Technologies |
Income Statement (Profit & Loss) (₹ in Crore)
| Particulars | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Revenue | 914 | 1,055 | 1,084 | 1,090 |
| EBITDA | 96 | 85 | 83 | 88 |
| PBT | 80 | 67 | 36 | 50.6 |
| Net Profit / Loss (PAT) | 99 | 40 | 17 | 33 |
| EPS | 26.7 | 1.15 | 0.48 | 0.92 |
Key Financial Ratios (Last 3–5 Years)
| Ratio | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Operating Profit Margin (%) | 10.53 | 8.06 | 5.92 | 8.13 |
| Net Profit Margin (%) | 10.83 | 3.79 | 1.6 | 3.03 |
Financial Annual Report Summary
Hero Motors has shown steady revenue growth in the electric vehicle segment. The company is in the investment phase for expanding EV manufacturing and distribution network.
Why Invest in Hero Motors Limited
- Part of the reputed Hero Group.
- Focus on electric mobility segment.
- Steady revenue growth observed.
- Expanding presence in EV two-wheeler market.
Balance Sheet - Assets (₹ in Crore)
| Item | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Fixed Assets | 165 | 261 | 366 | 510 |
| CWIP | 30 | 89 | 78 | 67 |
| Investments | 24 | 16 | 8 | 5 |
| Trade Receivables | 189 | 251 | 195 | 202 |
| Inventory | 164 | 198 | 180 | 191 |
| Other Assets | 151 | 199 | 233 | 190 |
| Total Assets | 703 | 902 | 1,060 | 1,165 |
Balance Sheet - Liabilities & Equity (₹ in Crore)
| Item | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Share Capital | 34.5 | 353.5 | 353.5 | 357.38 |
| Reserves | 187 | -18 | 21 | 69 |
| Borrowings | 285 | 270 | 304 | 408 |
| Trade Payables | 138 | 148 | 136 | 137 |
| Other Liabilities | 78.5 | 236.5 | 245.5 | 193.62 |
| Total Liabilities | 703 | 902 | 1,060 | 1,165 |
Liabilities Breakdown & Balance Sheet Insights
Balance Sheet Insights
Balance sheet expanding with growth in fixed assets and working capital.
Liabilities Breakdown
Debt to Equity ratio of 0.96. Moderate leverage.
Additional Insights
Healthy growth in assets with increasing scale of operations.
Cash Flow Insights
- Positive operating cash flows.
- Investing outflow for capacity expansion.
Shareholding Pattern
Recent
Promoter: High (Hero Group)
Institutional: Low
Public: Moderate
Promoters & Management
Part of the reputed Hero Group with strong promoter backing.
Key Management
Professional Management Team - Leadership
Automotive & EV Sector
Registrar & Transfer Agent (RTA)
Registrar: KFin Technologies
Website: https://www.kfintech.com/
Management Analysis
Focus on expanding electric vehicle portfolio, strengthening distribution network, and capturing market share in India's growing EV two-wheeler segment.
Frequently Asked Questions About Hero Motors Limited
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