Hero MotoCorp

Hero MotoCorp
FormerlyHero Honda
Company typePublic
ISININE158A01026
IndustryAutomotive
Founded19 January 1984; 40 years ago (1984-01-19)
FounderBrijmohan Lall Munjal
HeadquartersNew Delhi, India
Key people
Products
Production output
Increase 7,587,130 units (2018)
RevenueIncrease 34,727.39 crore (US$4.2 billion) (2023)[2]
Increase 3,863.62 crore (US$460 million) (2023)[2]
Increase 2,799.90 crore (US$340 million) (2023)[2]
Total assetsIncrease 23,917.03 crore (US$2.9 billion) (2023)[2]
Total equityIncrease 16,780.63 crore (US$2.0 billion) (2023)[2]
OwnerMunjal family: (40%), Government of India (through public sector banks): (15%), Tata asset management (0.8%),more.
Number of employees
8,599 (2020)[2]
ParentHero Motors Company
SubsidiariesVida EV
Websitewww.heromotocorp.com Edit this at Wikidata

Hero MotoCorp Limited is an Indian multinational motorcycle and scooter manufacturer headquartered in Delhi. It is one of the world's largest two-wheeler manufacturer and has a market share of about 46% in the Indian two-wheeler industry.[3][4] As of 27 May 2021, the market capitalization of the company was 59,600 crore (equivalent to 700 billion or US$8.4 billion in 2023).[5] [6]

The major shareholders of the company include The Munjal family: (40%), the Government of India (through public sector banks):(15%) and Tata asset management: (0.8%).

  1. ^ "Board of Directors - Hero MotoCorp Ltd". Hero MotoCorp. Archived from the original on 17 July 2021. Retrieved 19 January 2014.
  2. ^ a b c d e f "Hero Motocorp Profit & Loss account, Hero Motocorp Financial Statement & Accounts" (PDF). MoneyControl. Archived (PDF) from the original on 15 May 2023. Retrieved 20 October 2020.
  3. ^ "Annual Report 2016-17" (PDF). Hero MotoCorp. 3 April 2018. Archived (PDF) from the original on 17 July 2021. Retrieved 3 April 2018.
  4. ^ "15 biggest bike companies in the world". Yahoo Finance. 31 December 2023.
  5. ^ "Hero MotoCorp share hits 52-week high post Q3 earnings". Business Today. 5 February 2021. Archived from the original on 5 February 2021. Retrieved 5 February 2021.
  6. ^ Mohan, Ashwin (17 October 2023). "Hero MotoCorp arm Hero FinCorp picks 8 i-banks for mega IPO of around Rs 4,000 crore". Moneycontrol. Retrieved 30 October 2023.