Fortune India 500 2025 edition
Rank#269- Total income
- ₹9,903 Cr
- Profit
- ₹109 Cr
Last year #282
Hero Fincorp Limited - financial services in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹9,903.33 Cr
▲ 18% YoY
Net profit · FY 2025
₹156.48 Cr
Net margin 1.6%
EBITDA · FY 2025
₹3,827.71 Cr
EBITDA margin 38.7%
Authorised capital
₹3,300 Cr
Registered with MCA
Paid-up capital
₹2,129.63 Cr
Issued & subscribed
Open charges
₹46,792 Cr
Satisfied ₹11,950 Cr
Company age
35 yrs
Est. 1991
Employees · EPFO
3,302
Provident fund records
About Hero Fincorp Limited
Data last updated:
Hero Fincorp Limited is a public limited company based in New Delhi, Delhi, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 16 December 1991 and has been in existence for over 35 years.
Hero Fincorp is ranked #269 on the Fortune India 500 (2025). Its director Pawan Kant Munjal is #233 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1991PLC046774. Its GSTIN is 07AAACH0157J1ZS (Delhi). The company holds 19 GST registrations, of which 13 are active.
The company has an authorised share capital of ₹3,300 Cr and a paid-up capital of ₹2,129.63 Cr. It was formerly known as Hero Honda Finlease Limited. It is led by directors including Renu Munjal (Whole-Time Director) and Paramdeep Singh.
Its last annual general meeting (AGM) was held on 28 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 34 Community Centre Basant Lok Vasant Vihar, New Delhi, Delhi, India – 110057.
As per the financials filed for FY 2025, the company reported a revenue of ₹9,903.33 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹156.48 Cr (net margin 1.6%) and EBITDA of ₹3,827.71 Cr (EBITDA margin 38.7%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 21% over five years.
The company has about 3,302 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Hero Fincorp. As per MCA filings, the company has open charges of ₹46,792 Cr and satisfied charges of ₹11,950 Cr on record. Court records list 1,82,236 cases involving the company, including 1,80,897 filed by the company and 1,363 filed against it; 1,29,281 cases are pending. The company has 11 deals on record (7 funding rounds, 2 rights issues, 2 debt financings), with disclosed funding of ₹4,821.07 Cr; the latest was in June 2025. Its 6 peer companies in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Systemically Important Non Deposit NBFC), with the same principal business activity (other financial activities) are compared by revenue, 3 larger and 3 smaller; the largest is Cholamandalam Financial Holdings Limited with revenue of ₹10,947 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website herofincorp.com.
Company details
CIN U74899DL1991PLC046774
Registration Number 046774
Incorporation Date 16 December 1991
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 July 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
CIN history
Hero Fincorp has one previous CIN (Corporate Identification Number): L74899DL1991PLC046774. The current CIN is U74899DL1991PLC046774, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899DL1991PLC046774 | Current |
| L74899DL1991PLC046774 | Previous |
Recognitions & Rankings of Hero Fincorp
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #233 Pawan Kant Munjal ₹16,000 Cr
Contact details
Hero Fincorp Limited's registered office is in New Delhi, Delhi. Its website is herofincorp.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address34 Community Centre Basant Lok Vasant Vihar, New Delhi, Delhi, India – 110057
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Hero Fincorp Limited, buy the company report.
Comprehensive company report
Hero Fincorp Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Hero Fincorp operates one associated brand: Hero Fincorp. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| 2-wheeler loans and consumer/business financing are provided by Hero Fincorp. | herofincorp.com |
Business activity
The main business activity of Hero Fincorp is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Hero Fincorp Limited, buy the company report.
Financials of Hero Fincorp Limited
FY 2025 filings availableHero Fincorp Limited reported revenue of ₹9,903.33 Cr (up 18% YoY) for FY 2025.
Revenue · FY 2025
₹9,903.33 Cr ▲ 18%
Net profit · FY 2025
₹156.48 Cr margin 1.6%
EBITDA · FY 2025
₹3,827.71 Cr margin 38.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 27%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 32%
5 years · compounded
▲ 19%
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 18% growth in the latest year. EBITDA rose 24% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹3,827.71 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹156.48 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 38.7% | ||||
| Net Profit Margin | 1.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Hero Fincorp Limited, buy the company report.
Board of directors and KMP of Hero Fincorp Limited
Hero Fincorp Limited currently reports 9 directors and 1 key managerial person. 30 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Paramdeep Singh Also directs: Authorgen Technologies Private Limited, Saavn Media Limited | Director | 01 May 2023 | 3 Years 5 Months | Current |
| Pradeep Dinodia | Director | 29 May 2016 | 10 Years 4 Months | Current |
| Anuranjita Kumar | Director | 05 Feb 2024 | 2 Years 8 Months | Current |
| Pawan Munjal | Director | 16 Dec 1991 | 34 Years 10 Months | Current |
| Aparna Popat Ved | Director | 27 Jun 2024 | 2 Years 3 Months | Current |
| Amar Raj Bindra Also directs: Crisil Limited | Director | 01 May 2023 | 3 Years 5 Months | Current |
Showing 6 of 10 current directors and KMP. View all directors and KMP
Peer comparison
Hero Fincorp Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Systemically Important Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cholamandalam Financial Holdings Limited | ₹10,947 Cr (FY 2019) | 23.0% | Chennai, Tamil Nadu, India | |||
| Iifl Finance Limited | ₹10,237 Cr (FY 2025) | -2.0% | Thane, Maharashtra, India | |||
| Manappuram Finance Limited | ₹10,041 Cr (FY 2025) | 13.0% | Chavakkad, Kerala, India | |||
| Hero Fincorp Limitedthis company | ₹9,903.33 Cr (FY 2025) | ₹156.48 Cr | 1.6% | 18.0% | 3,302 | New Delhi, Delhi, India |
| SMFG India Credit Company Limited | ₹8,083.02 Cr (FY 2024) | 41.0% | Sriperumbudur, Tamil Nadu, India | |||
| Shriram Capital Limited | ₹7,932.16 Cr (FY 2022) | 3.0% | Chennai, Tamil Nadu, India | |||
| Muthoot Fincorp Limited | ₹6,584.52 Cr (FY 2024) | 28.0% | Thiruvananthapuram, Kerala, India |
To see the full peer comparison of Hero Fincorp Limited, buy the company report.
Auditor
Hero Fincorp Limited is audited by Deloitte Haskins & Sells for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells | FY 2018 | 015125N |
Shareholding
The shareholding of Hero Fincorp Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hero Fincorp Limited, buy the company report.
Charges & borrowings
Open charges
₹46,792 Cr
Satisfied charges
₹11,950 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Aug 2025 | 101149921 | Others | ₹240 Cr | Open | |
| 02 Jun 2025 | 101130162 | Others | ₹150 Cr | Open | |
| 31 Dec 2024 | 101037549 | Others | ₹65 Cr | Open | |
| 31 Dec 2024 | 101037550 | Others | ₹310 Cr | Open | |
| 06 Sep 2024 | 101014016 | Others | ₹352 Cr | Open |
To see the full charge records of Hero Fincorp Limited, buy the company report.
Total charge records: 98 View all charges
Deals & funding
Hero Fincorp Limited has 11 deals on record (7 funding rounds, 2 rights issues, 2 debt financings), with disclosed funding of ₹4,821.07 Cr; the latest was in June 2025.
Total deals
11
Funding rounds
7
Rights issues
2
Debt financings
2
Disclosed funding
₹4,821.07 Cr
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2025 | Funding round · Pre Ipo | ₹310 Cr | Investors: Shahi Exports Private Limited , Vattikuti Ventures Llc, Rvg Plantation Private Limited |
| Nov 2024 | Debt financing | ₹50 Cr | Investors: Aditya Birla Finance Limited |
| Aug 2024 | Debt financing | ₹280 Cr | Investors: Tata Capital Limited , Aditya Birla Finance Limited , Hudas Pension Fund Trust |
| Jun 2022 | Funding round · Series B | ₹1,063 Cr | Investors: Hero Motocorp Limited , RK Munjal Sons And Trust, Pawan Munjal Family Office |
| Feb 2020 | Funding round | ₹1,075 Cr | Investors: Hero Motocorp Limited , Bahadur Chand Investments Private Limited , Apis Partners |
To see the full deal history of Hero Fincorp Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hero Fincorp Limited has 1,82,236 court cases on record: 1,80,897 filed by Hero Fincorp, 1,363 filed against it. 1,29,281 cases are pending and 52,955 are disposed.
Total cases
1,82,236
Filed by the company
1,80,897
Filed against the company
1,363
Pending
1,29,281
Disposed
52,955
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1,81,706 | 1,032 | 1,29,182 |
| High courts | 492 | 304 | 84 |
| NCLAT | 18 | 10 | 12 |
| Supreme Court | 18 | 17 | 3 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 1,82,236)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0602-Banking : Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, debt recovery by banks, financial institutions, cooperative banks and negotiable instruments [other than criminal prosecution]) | Filed against the company by M/S. Maniratna Industries Pvt. Ltd. | Disposed |
| Supreme Court | Court case (0602-Banking : Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, debt recovery by banks, financial institutions, cooperative banks and negotiable instruments [other than criminal prosecution]) | Filed against the company by an individual | Disposed |
| District court, New Delhi, Delhi | Arbitration matter | Filed against the company by Katyayini Paper Mills Private Limited and Ors. | Pending |
| District court, South East, Delhi | Court case (OMP (COMM.)) | Filed against the company by Berkeley Lifestyle Brands Pvt Ltd | Pending |
| District court, New Delhi, Delhi | Arbitration matter | Filed against the company by Rajrani Steel Casting Pvt Ltd | Pending |
To see the full case history of Hero Fincorp Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Hero Fincorp Limited was last rated by Icra on 02 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 02 Jul 2021 |
To see the full credit ratings and regulatory alerts of Hero Fincorp Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hero Fincorp Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Hero Fincorp has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Hero Housing Finance Limited | U65192DL2016PLC301481 |
To see the full group structure of Hero Fincorp Limited, buy the company report.
Employees & EPFO
Hero Fincorp Limited has a workforce of 3,302 employees on its EPFO records as of Dec 04, 2024, across 2 active EPFO establishments.
Employee count
3,302
Active EPFO establishments
2
Employee growth
24.32%
GST
Hero Fincorp has 19 GST registrations: 13 active and 6 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
19
Active
13
Cancelled / inactive
6
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACH0157J1ZS | Delhi | Active | 01 Jul 2017 |
| 06AAACH0157J1ZU | Haryana | Active | 01 Jul 2017 |
| 29AAACH0157J1ZM | Karnataka | Active | 05 Apr 2020 |
| 19AAACH0157J1ZN | West Bengal | Active | 11 Apr 2020 |
To see the full GST registrations and return filing status of Hero Fincorp Limited, buy the company report.
Recent activity
Hero Fincorp Limited has 38 board changes on record since 1991: 11 appointments and 27 cessations. The latest: Aparna Popat Ved ceased to be Additional Director on 20 Aug 2024.
Charges
A charge registered on 17 May 2024 via Charge ID 100936768 with Others was fully satisfied on 24 Nov 2025.
Charges
A charge registered on 29 Jul 2022 via Charge ID 100601927 with Others was fully satisfied on 24 Nov 2025.
Charges
A charge registered on 21 Aug 2020 via Charge ID 100380536 with Others was fully satisfied on 24 Nov 2025.
Charges
A charge registered on 15 Jul 2021 via Charge ID 100474248 with Others was fully satisfied on 20 Aug 2025.
Charges
A charge with Others amounted to Rs. 240.00 Cr with Charge ID 101149921 was registered on 06 Aug 2025.
AGM
Hero Fincorp Limited last Annual general meeting of members was held on 28 Jul 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 150.00 Cr with Charge ID 101130162 was registered on 02 Jun 2025.
Charges
A charge registered on 30 Dec 2022 via Charge ID 100706245 with Others was fully satisfied on 22 Apr 2025.
Filing
Hero Fincorp Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge registered on 22 Nov 2022 via Charge ID 100680978 with Others was fully satisfied on 27 Feb 2025.
Charges
A charge with Others amounted to Rs. 65.00 Cr with Charge ID 101037549 was registered on 31 Dec 2024.
Charges
A charge with Others amounted to Rs. 310.00 Cr with Charge ID 101037550 was registered on 31 Dec 2024.
227 earlier events are in the company report.
News
Frequently asked questions
Hero Fincorp is an active public limited company based in New Delhi, Delhi, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 16 December 1991 (35+ years old) and is registered under CIN U74899DL1991PLC046774.
Hero Fincorp has 10 current directors and KMP:
- Renu Munjal - Whole-Time Director
- Paramdeep Singh - Director
- Pradeep Dinodia - Director
- Anuranjita Kumar - Director
- Pawan Munjal - Director
- Aparna Popat Ved - Director
- Amar Raj Bindra - Director
- Kaushik Dutta - Director
- Sanjay Kukreja - Director
- Abhimanyu Munjal - Ceo
The latest financial statements of Hero Fincorp on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Hero Fincorp is 07AAACH0157J1ZS, registered in Delhi. The company has 19 GST registrations in all, of which 13 are active and 6 are cancelled or inactive. Other active GSTINs include 06AAACH0157J1ZU (Haryana), 29AAACH0157J1ZM (Karnataka), 19AAACH0157J1ZN (West Bengal).
The CIN (Corporate Identification Number) of Hero Fincorp is U74899DL1991PLC046774. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hero Fincorp has 1,82,236 court cases on record: 1,80,897 filed by the company and 1,363 filed against it. 1,29,281 are pending. Most are in the district courts.
Hero Fincorp was incorporated on 16 December 1991, making it 35+ years old. It is registered with the Registrar of Companies, Delhi.
Hero Fincorp has 11 deals on record (7 funding rounds, 2 rights issues, 2 debt financings), with disclosed funding of ₹4,821.07 Cr; the latest was in June 2025.
The peers of Hero Fincorp by revenue are Cholamandalam Financial Holdings Limited, Iifl Finance Limited, Manappuram Finance Limited, SMFG India Credit Company Limited, Shriram Capital Limited and 1 more, all in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Systemically Important Non Deposit NBFC), with the same principal business activity (other financial activities).
Aparna Popat Ved ceased to be Additional Director on 20 Aug 2024. Kaushik Dutta ceased to be Additional Director on 20 Aug 2024. Aparna Popat Ved was appointed as Director on 27 Jun 2024. Hero Fincorp has 38 board changes on record in total.
Hero Fincorp can be reached through the website herofincorp.com. Its registered office is in New Delhi, Delhi, India.