Company Hero Motocorp Ltd

Equities

HEROMOTOCO

INE158A01026

Auto & Truck Manufacturers

Delayed Bombay S.E. 03:26:01 2024-03-19 am EDT 5-day change 1st Jan Change
4,549 INR -0.14% Intraday chart for Hero Motocorp Ltd -2.33% +9.92%

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
Chief Tech/Sci/R&D Officer - 22-01-06
Director/Board Member - -
Investor Relations Contact - -
Corporate Officer/Principal - 23-10-19
Corporate Officer/Principal - 21-10-31

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 1 199,921,741 129,617,553 ( 64.83 %) 0 64.83 %

Shareholders

NameEquities%Valuation
Bahadur Chand Investments Pvt Ltd.
20.02 %
40,033,238 20.02 % 2 137 M ₹
28,002,922 14.01 % 1 495 M ₹
Life Insurance Corporation of India (Investment Portfolio)
9.245 %
18,482,495 9.245 % 987 M ₹
Kotak Mahindra Asset Management Co. Ltd.
2.864 %
5,725,035 2.864 % 306 M ₹
Norges Bank Investment Management
2.410 %
4,817,367 2.410 % 257 M ₹
Westwood Global Investments LLC
2.352 %
4,701,774 2.352 % 251 M ₹
SBI Funds Management Ltd.
2.149 %
4,296,240 2.149 % 229 M ₹
UTI Asset Management Co. Ltd. (Investment Management)
1.539 %
3,076,139 1.539 % 164 M ₹
Nippon Life India Asset Management Ltd. (Invt Mgmt)
1.402 %
2,803,079 1.402 % 150 M ₹
ICICI Prudential Life Insurance Co. Ltd. (Invt Port)
0.9904 %
1,979,939 0.9904 % 106 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