Company Hero Motocorp Ltd

Equities

HEROMOTOCO

INE158A01026

Auto & Truck Manufacturers

Delayed Bombay S.E. 02:14:26 2024-06-13 am EDT 5-day change 1st Jan Change
5,785 INR -0.08% Intraday chart for Hero Motocorp Ltd +4.57% +39.85%

Business Summary

Hero Motocorp Ltd is the worldwide leader of motorcycle manufacturing. Net sales break down by activity as follows :

- sale of motorcycles (88.2%): 7.6 million units sold in 2018/19;

- sale of spare parts (8.4%);

- other (3.4%): primarily services.

At the end of March 2019, the group has 7 production plants in India (5) Bangladesh and Colombia.

Products are marketed through a network of over 6,500 dealers and outlets in India.

India accounts for 97.1% of net sales.

Number of employees: 9,215

Sales per Business

INR in Million2022Weight2023Weight Delta
Two-wheelers
83.1 %
245,441 83.1 % 284,004 83.1 % +15.71%
Spare Parts
14.3 %
39,751 13.5 % 48,998 14.3 % +23.26%
Services - Others
0.9 %
3,209 1.1 % 3,053 0.9 % -4.86%
Incentive from State Government
0.9 %
4,471 1.5 % 2,974 0.9 % -33.48%
Miscellaneous
0.3 %
829 0.3 % 920 0.3 % +11.09%
Dealers Support Services
0.2 %
869 0.3 % 734 0.2 % -15.54%
Dealer Program
0.2 %
505 0.2 % 588 0.2 % +16.37%
Duty Drawback and Other Incentives
0.1 %
437 0.1 % 312 0.1 % -28.58%

Sales per region

INR in Million2022Weight2023Weight Delta
India
95.6 %
276,174 93.5 % 326,698 95.6 % +18.29%
Overseas
4.4 %
19,339 6.5 % 14,885 4.4 % -23.03%

Managers

Managers TitleAgeSince
Chief Executive Officer - 17-03-31
Chairman 69 85-12-31
Compliance Officer - 22-01-31
Chief Tech/Sci/R&D Officer - 22-02-28
Chief Operating Officer 62 20-12-31
Director/Board Member - -
Investor Relations Contact - -
Corporate Officer/Principal - 23-10-19
Corporate Officer/Principal - 21-10-31
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 70 01-03-30
Chairman 69 85-12-31
Director/Board Member 71 10-07-28
Director/Board Member - 21-11-18
Director/Board Member - -
Director/Board Member 66 21-11-24
Director/Board Member - 18-11-14
Director/Board Member 48 19-10-22
Director/Board Member - 21-11-24
Director/Board Member - 20-09-30

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 199,931,110 127,328,943 ( 63.69 %) 0 63.69 %

Shareholders

NameEquities%Valuation
Bahadur Chand Investments Pvt Ltd.
20.02 %
40,033,238 20.02 % 2 455 M ₹
28,002,922 14.01 % 1 718 M ₹
Life Insurance Corporation of India (Investment Portfolio)
9.244 %
18,482,495 9.244 % 1 134 M ₹
Kotak Mahindra Asset Management Co. Ltd.
2.837 %
5,672,129 2.837 % 348 M ₹
Norges Bank Investment Management
2.410 %
4,817,367 2.410 % 295 M ₹
Westwood Global Investments LLC
2.352 %
4,701,774 2.352 % 288 M ₹
SBI Funds Management Ltd.
1.741 %
3,480,144 1.741 % 213 M ₹
Nippon Life India Asset Management Ltd. (Invt Mgmt)
1.215 %
2,429,729 1.215 % 149 M ₹
UTI Asset Management Co. Ltd. (Investment Management)
1.156 %
2,310,886 1.156 % 142 M ₹
ICICI Prudential Life Insurance Co. Ltd. (Invt Port)
1.003 %
2,004,696 1.003 % 123 M ₹

Company contact information

Hero MotoCorp Ltd.

The Grand Plaza Nelson Mandela Road

110070, New Delhi

+91 11 4604 4220

http://www.heromotocorp.com
address Hero Motocorp Ltd(HEROMOTOCO)

Group companies

NameCategory and Sector
Motor Vehicles