Hero Motocorp Limited, formerly Hero Honda, is an Indian multinational motorcycle and scooter manufacturer based in New Delhi, India. The company is the largest two-wheeler manufacturer in the world, and also in India, Hero Motocorp is India’s has a market share of about 46% in the two-wheeler category. The company has 8 globally benchmarked manufacturing facilities.
The company achieved the most sought-after recognition of being the largest and best bike manufacturer in India. Hero MotoCorp is India’s leading two-wheeler company, which has been providing customers with an excellent range of two-wheelers that ensure both style and comfort.
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Hero MotoCorp Ltd. was incorporated in the year 1984. Its today’s share price is 3376.6. Its current market capitalization stands at Rs 70138.41 Cr. In the latest quarter, the company has reported Gross Sales of Rs. 288360.9 Cr and Total Income of Rs.296144.3 Cr. The company’s management includes Tina Trikha, Paul Edgerley, Jagmohan Singh Raju, M Damodaran, Pradeep Dinodia, Suman Kant Munjal, Vikram S Kasbekar, Pawan Munjal, Pawan Munjal.
It is listed on the BSE with a BSE Code of 500182, NSE with an NSE Symbol of HEROMOTOCO, and ISIN of INE158A01026. Its Registered office is at The Grand Plaza, Plot No.2, Nelson Mandela Road, Vasant Kunj – Phase-iiNew Delhi-110070, Delhi. Their Registrars are ACC Ltd. Its auditors are AF Ferguson & Co, BSR & Co LLP, Deloitte Haskins & Sells. Hero Promoters hold a stake of 34.76% mutual fund 7.47%.
The net sales of the company perch 9473 crore in Q2FY21. The company profit stood at 958.49 crore.
During FY 2018-19 under review, your Company clocked sales of 78,20,745 units over 75,87,154 units in the previous FY.
During FY 2018-19, revenue from operations was Rs.33,650.54 crore as compared to Rs.32,871.82 crore in FY 2017-18, registering an increase of 2.37%.
Profit before tax [PBT) in FY 2018-19 was Rs.5,010.73 crore as compared to Rs.5,244.16 crore in FY 2017-18, reflecting a decrease of 4.45%. Profit after tax [PAT) was Rs.3,384.87 crore as against Rs.3,697.36 crore in FY 2017-18, a decrease of 8.45% from the previous year.
Earnings before Interest, Depreciation and Taxes stood at 14.65% in FY 2018-19, as compared to 16.38% in FY 2017-18.
Being a business leader and a leading motorcycle company in India, Hero MotoCorp believes in ‘Manufacturing Happiness’ through its factories, where there’s complete harmony between man, machine, and nature to minimize the impact on the environment and develop a healthy ecosystem.
Hero MotoCorp Ltd. continues to maintain this position to date. Hero MotoCorp is now the world’s largest manufacturer of two-wheelers. The company has benefited from the demand shift to motorcycles, as it focuses solely on this product segment (although has a product called Pleasure in Scooter segment).