About Hero Housing Finance Limited
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Hero Housing Finance Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Hero Fincorp Limited. It operates in the housing finance companies segment of the financial services sector. It was incorporated on 16 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U65192DL2016PLC301481. Its GSTIN is 07AADCH9153R1ZV (Delhi). The company holds 9 GST registrations, all of them active.
The company has an authorised share capital of ₹1,000 Cr and a paid-up capital of ₹692.4 Cr. It is led by directors including Apul Nayyar (Whole-Time Director) and Renu Munjal.
Its last annual general meeting (AGM) was held on 24 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 9 Community Centre Basant Lok Vasant Vihar, New Delhi, Delhi, India – 110057.
As per the financials filed for FY 2023, the company reported a revenue of ₹420.55 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹22.63 Cr (net margin 5.4%) and EBITDA of ₹241.37 Cr (EBITDA margin 57.4%). Revenue has grown at a compounded annual rate (CAGR) of 198% over three years and 294% over five years.
The company has about 734 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Hero Housing Finance. As per MCA filings, the company has open charges of ₹9,180 Cr and satisfied charges of ₹533 Cr on record. Court records list 1,449 cases involving the company, including 1,359 filed by the company and 90 filed against it; 375 cases are pending. The company has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹533.33 Cr; the latest was in August 2022. Its 7 peer companies in the BFSI industry (Finance, Housing Finance), with the same principal business activity (other financial activities) are compared by revenue, 4 larger and 3 smaller; the largest is Nido Home Finance Limited with revenue of ₹465.71 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 herohousingfinance.com.
Company details
Contact details
Hero Housing Finance Limited's registered office is in New Delhi, Delhi. Its website is herohousingfinance.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address9 Community Centre Basant Lok Vasant Vihar, New Delhi, Delhi, India – 110057
- IndustryFinancial Services, Housing Finance Companies
To see the full contact details of Hero Housing Finance Limited, buy the company report.
- 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
Brands
Hero Housing Finance operates one associated brand: Hero Housing Finance. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive home loan services and solutions. | herohousingfinance.com |
Business activity
The main business activity of Hero Housing Finance 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 Housing Finance Limited, buy the company report.
Financials of Hero Housing Finance Limited
FY 2025 filings availableHero Housing Finance Limited reported revenue of ₹420.55 Cr (up 3044% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 294% over five years. EBITDA rose 181% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹420.55 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹241.37 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹22.63 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 57.4% | ||||
| Net Profit Margin | 5.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Hero Housing Finance Limited, buy the company report.
Board of directors and KMP of Hero Housing Finance Limited
Hero Housing Finance Limited currently reports 6 directors and 1 key managerial person. 5 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Renu Munjal Also directs: RRM Management LLP, Munjal Acme Packaging Systems Private Limited, Hero Electronix Private Limited and 5 more | Director | 16 Jun 2016 | 10 Years 4 Months | Current |
| Rahul Munjal Also directs: RRM Management LLP, BM Munjal Energies Private Limited, Rkmft Private Limited and 3 more | Director | 16 Jun 2016 | 10 Years 4 Months | Current |
| Apul Nayyar | Whole-Time Director | 09 Jun 2020 | 6 Years 4 Months | Current |
| Abhimanyu Munjal Also directs: Hero Fincorp Limited, Rkmft Private Limited, Foodcraft India Private Limited and 2 more | Director | 16 Jun 2016 | 10 Years 4 Months | Current |
| Nagesh Dinkar Pinge | Director | 09 Jun 2020 | 6 Years 4 Months | Current |
| Dhoop Mittal | Cfo | 16 Jun 2016 | 10 Years 4 Months | Current |
Peer comparison
Hero Housing Finance Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Finance, Housing Finance), 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 |
|---|---|---|---|---|---|---|
| Nido Home Finance Limited | ₹465.71 Cr (FY 2024) | 5.0% | Mumbai, Maharashtra, India | |||
| KKR India Asset Finance Private Limited | ₹445.91 Cr (FY 2019) | 39.0% | Mumbai, Maharashtra, India | |||
| Parvathi Trading and Finance Company Private Limited | ₹432.3 Cr (FY 2022) | 1.0% | Chennai, Tamil Nadu, India | |||
| Tata Motors Finance Limited | ₹421.16 Cr (FY 2018) | -3.0% | Mumbai, Maharashtra, India | |||
| Hero Housing Finance Limitedthis company | ₹420.55 Cr (FY 2023) | ₹22.63 Cr | 5.4% | 3044.0% | 734 | New Delhi, Delhi, India |
| Aviom India Housing Finance Private Limited | ₹416.85 Cr (FY 2024) | 72.0% | New Delhi, Delhi, India | |||
| Atyati Technologies Private Limited | ₹409.45 Cr (FY 2025) | 4.0% | Bangalore, Karnataka, India | |||
| Muthoot Housing Finance Company Limited | ₹401.37 Cr (FY 2025) | 37.0% | Thiruvananthapuram, Kerala, India |
To see the full peer comparison of Hero Housing Finance Limited, buy the company report.
Auditor
Hero Housing Finance Limited is audited by B S R & Co. LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2021 | 101248W/W100022 |
Shareholding
The shareholding of Hero Housing Finance Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hero Housing Finance Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Oct 2025 | 101174196 | Others | ₹280 Cr | Open | |
| 30 Apr 2025 | 101099085 | Others | ₹100 Cr | Open | |
| 30 Apr 2025 | 101099087 | Others | ₹150 Cr | Open | |
| 28 Mar 2025 | 101085133 | Others | ₹250 Cr | Open | |
| 28 Mar 2025 | 101094717 | Others | ₹50 Cr | Open |
To see the full charge records of Hero Housing Finance Limited, buy the company report.
Total charge records: 18 View all charges
Deals & funding
Hero Housing Finance Limited has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹533.33 Cr; the latest was in August 2022.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2022 | Funding round | ₹300 Cr | Investors: Hero Fincorp Limited |
| Mar 2020 | Funding round | ₹233.33 Cr | Investors: Hero Fincorp Limited |
| May 2018 | Rights issue | ₹200 Cr | Investors: Hero Fincorp Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hero Housing Finance Limited has 1,449 court cases on record: 1,359 filed by Hero Housing Finance, 90 filed against it. 375 cases are pending and 1,074 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1,373 | 59 | 359 |
| High courts | 75 | 30 | 16 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 1,449)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Writ petition | Filed against the company by Hero Fincorp Limited | Pending |
| District court, Central, Delhi | Court case (OMP (COMM.)) | Filed against the company by Nestiva Health Care Pvt. Ltd. | Disposed |
| District court, Central, Delhi | Court case (OMP (COMM.)) | Filed against the company by an individual | Pending |
| District court, Visakapatnam, Andhra Pradesh | Civil suit | Filed against the company by an individual | Pending |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Hero Housing Finance 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 Housing Finance 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 Housing Finance Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hero Housing Finance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hero Housing Finance Limited has a workforce of 734 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Hero Housing Finance has 9 GST registrations: 9 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCH9153R1ZV | Delhi | Active | 01 Jul 2017 |
| 08AADCH9153R1ZT | Rajasthan | Active | 08 Mar 2019 |
| 09AADCH9153R1ZR | Uttar Pradesh | Active | 09 Mar 2019 |
| 27AADCH9153R1ZT | Maharashtra | Active | 16 Apr 2019 |
To see the full GST registrations and return filing status of Hero Housing Finance Limited, buy the company report.
Recent activity
Hero Housing Finance Limited has 15 board changes on record since 2016: 11 appointments and 4 cessations. The latest: Geeta Mathur was appointed as Director on 07 Mar 2023.
36 earlier events are in the company report.
Frequently asked questions
Hero Housing Finance is an active public limited company based in New Delhi, Delhi, India. The company works in housing finance companies, within the financial services industry. It was incorporated on 16 June 2016 (10+ years old) and is registered under CIN U65192DL2016PLC301481.
Hero Housing Finance has 7 current directors and KMP:
- Apul Nayyar - Whole-Time Director
- Renu Munjal - Director
- Rahul Munjal - Director
- Abhimanyu Munjal - Director
- Nagesh Dinkar Pinge - Director
- Geeta Mathur - Director
- Dhoop Mittal - Cfo
The latest financial statements of Hero Housing Finance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 July 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Hero Housing Finance is 07AADCH9153R1ZV, registered in Delhi. The company has 9 GST registrations in all, of which 9 are active. Other active GSTINs include 08AADCH9153R1ZT (Rajasthan), 09AADCH9153R1ZR (Uttar Pradesh), 27AADCH9153R1ZT (Maharashtra).
The CIN (Corporate Identification Number) of Hero Housing Finance is U65192DL2016PLC301481. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hero Housing Finance has 1,449 court cases on record: 1,359 filed by the company and 90 filed against it. 375 are pending. Most are in the district courts.
Hero Housing Finance was incorporated on 16 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.
Hero Housing Finance has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹533.33 Cr; the latest was in August 2022.
The peers of Hero Housing Finance by revenue are Nido Home Finance Limited, KKR India Asset Finance Private Limited, Parvathi Trading and Finance Company Private Limited, Tata Motors Finance Limited, Aviom India Housing Finance Private Limited and 2 more, all in the BFSI industry (Finance, Housing Finance), with the same principal business activity (other financial activities).
Geeta Mathur was appointed as Director on 07 Mar 2023. Vikas Gupta ceased to be Company Secretary on 26 Sep 2022. Amit Arora ceased to be CFO on 10 Sep 2021. Hero Housing Finance has 15 board changes on record in total.
Hero Housing Finance can be reached through the website herohousingfinance.com. Its registered office is in New Delhi, Delhi, India.
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