Business Overview
Hero Motors provides comprehensive solutions encompassing design, prototyping, validation, development and delivery of system-level powertrain solutions for both electric and non-electric applications. Its offerings cater to two-wheelers, performance vehicles, e-bikes, off-road vehicles, electric and hybrid cars, heavy-duty vehicles and electric vertical take-off and landing (eVTOL) platforms. The company’s operations are structured across two business segments — Powertrain Solutions and Alloys & Metallics — enabling integrated and technology-driven product delivery across mobility sectors
Hero Motors IPO Size
Objects of Issue
- Repayment, prepayment, or redemption of the Company’s outstanding borrowings.
- Capital expenditure for equipment to expand the Company’s Gautam Buddha Nagar, Uttar Pradesh facility.
- Funding inorganic growth through acquisitions, strategic initiatives, & general corporate purposes.
Hero Motors IPO Financial Performance
(Rs. in crores)
| Particulars | Dec-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 807.27 | 1,064.39 | 1,054.62 | 914.19 |
| Profit after Tax | 22.39 | 17.04 | 40.51 | 99.02 |
| Net Worth | 412.01 | 385.44 | 344.47 | 159.11 |
| Total Borrowing | 374.00 | 304.00 | 269.61 | 265.39 |
| Total Assets | 1,177.79 | 1,059.86 | 992.02 | 703.13 |
| NAV per share (in ₹) | 10.89 | 10.29 | 9.20 | 45.99 |
| EPS - Basic (in ₹) | 0.45 | 0.36 | 1.13 | 2.80 |
Key Performance Indicators (KPIs)
EBITDA
11.49%
PAT
1.60%
ROE
4.54%
ROCE
22.59%
All the data pertains to FY 2023-24. PE, PB, and market capitalization are calculated based on the Upper Price Band.
Promoter Holding
Promoter
73.97%
Public
26.03%
Management
Registrar & Lead Managers
Registrar
KFin Technologies
Lead Managers (3)
Company Details
Name: Hero Motors Limited
Address: Hero Nagar, GT Road, Ludhiana, Punjab – 141 003, India
Number: + 91 120 4412 000
Email: investorrelations@heromotors.com
Website: www.heromotors.com
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