Hero Motors Limited - Company Profile

Q: Who are the current directors of Hero Motors Limited?

The current directors of Hero Motors Limited are Pankaj Munjal, Amit Gupta, Sridhar Narayan, Ritesh Kumar Agrawal, Kulbir Singh, Jyoti Arora, Ashok Kumar Taneja, Abhishek Munjal, Andrew Charles Palmer, Pratibha Goyal, Keshav Misra, Esha Gupta.

It is a automotive public limited company based in Ludhiana, Punjab, India, established in 1998.

1998 Ludhiana, Punjab, India Active

Last Updated: December 17, 2025

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About Hero Motors Limited

Hero Motors Limited, a active public limited company, was established on 30 April 1998 in Ludhiana, Punjab, India. Engaging in auto parts & components within the manufacturing sector, it holds CIN: U29299PB1998PLC039602. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹679.50 Cr and a paid-up capital of ₹379.31 Cr.

Formerly known as Hero Briggs & Stratton Auto Ltd, Hero Briggs & Stratton Auto Pvt Ltd. It upholds a compliant status. Employing 288 professional, Its leadership includes Pankaj Munjal (Director), Amit Gupta (Managing Director), Sridhar Narayan (Nominee Director). Past directors included Pawan Puri, Sandeep Dinodia, Pankaj Munjal. It holds ₹593.34 Cr open charges and ₹430.71 Cr settled loans. Its latest AGM occurred on 25 September 2025, with the balance sheet filed on 31 March 2025. It is based at Hero Nagar G. T. Road, Ludhiana, Punjab, 141003.

Company Details

CIN/LLPIN
U29299PB1998PLC039602
Registration Number
039602
Incorporation Date
30 April 1998
Authorized Capital
₹679.50 Cr
Paid-Up Capital
₹379.31 Cr
ROC Code
Roc Chandigarh
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 679.50 Cr as on 17-12-2025
Paid Up Capital ₹ 379.31 Cr as on 17-12-2025
Company Age 27 Year, 9 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 593.34 Cr as on 17-12-2025
Satisfied Charges ₹ 430.71 Cr as on 17-12-2025
Revenue Growth **** 17.46% (FY 2023)
Profit Growth **** -50.32% (FY 2023)
Ebitda **** -5.35% (FY 2023)
Net Worth 126.64% (FY 2023)
Total Assets **** 30.08% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Hero Motors Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Hero Motors Limited?

Current Directors

Name	Designation	Appointment Date	Status
Pankaj Munjal	Director	30 May 2022	Current
Amit Gupta	Managing Director	09 Sep 2022	Current
Sridhar Narayan	Nominee Director	04 Jan 2023	Current
Kulbir Singh	Director	01 Feb 2023	Current
Jyoti Arora	Director	28 Jan 2025	Current
Ashok Kumar Taneja	Director	12 Aug 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	26 Sep 2018	Past
Pramod Abcsdd	Director	24 Dec 2014	Past
Pramod Abcsdd	Managing Director	30 Apr 2022	Past
Pramod Abcsdd	Additional Director	09 Sep 2022	Past
Pramod Abcsdd	Director	14 Aug 2014	Past
Pramod Abcsdd	Director	13 Aug 2015	Past

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Financial Performance of Hero Motors.

Hero Motors Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.46% increase. The company also saw a substantial fall in profitability, with a 50.32% decrease in profit. The company's net worth Soared by an impressive increase of 126.64%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

17.46%

*******

Revenue from Operations

*******

16.74%

*******

Total Assets

*******

30.08%

*******

Profit or Loss

*******

-50.32%

*******

Net Worth

*******

126.64%

*******

EBITDA

*******

-5.35%

*******

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What is the Ownership and Shareholding Structure of Hero Motors?

In 2024, Hero Motors had a promoter holding of 80.37% and a public holding of 19.63%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹5,933,401,850.00

Satisfied Charges

₹4,307,081,328.00

Charges Breakdown by Lending Institutions

Axis Bank Limited : 304.35 Cr
Others : 208.00 Cr
Standard Chartered Bank : 80.99 Cr

Latest Charge Details

Date	Lender	Amount	Status
13 Aug 2025	Axis Bank Limited	₹40.00 Cr	Open
13 Nov 2024	Others	₹90.00 Cr	Open
23 Sep 2024	Standard Chartered Bank	₹47.85 Cr	Open
23 Sep 2024	Standard Chartered Bank	₹33.14 Cr	Open
26 Apr 2024	Others	₹40.00 Cr	Open

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How Many Employees Work at Hero Motors?

Hero Motors has a workforce of 288 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Hero Motors, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Hero Motors's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Hero Motors

Recent Activity within the Organization

Charges

A charge with Axis Bank Limited of Rs. 25.00 Cr registered on 30 Nov 2023 with Charge ID 100832546 was modified on 17 Nov 2025. was recorded as a recent event.
17 Nov 2025
Charges

A charge with Axis Bank Limited of Rs. 29.35 Cr registered on 21 Jul 2023 with Charge ID 100762169 was modified on 17 Nov 2025. was recorded as a recent event.
17 Nov 2025
Annual General Meeting

Progress on Hero Motors Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records. was documented.
25 Sep 2025
Charges

A charge with Axis Bank Limited amounted to Rs. 40.00 Cr with Charge ID 101147409 was registered on 13 Aug 2025. was recorded as a recent event.
13 Aug 2025
Charges

The activity A charge with Standard Chartered Bank of Rs. 47.85 Cr registered on 23 Sep 2024 with Charge ID 100991704 was modified on 16 Jul 2025. was completed.
16 Jul 2025
Charges

The activity A charge with Standard Chartered Bank of Rs. 33.14 Cr registered on 23 Sep 2024 with Charge ID 100991703 was modified on 16 Jul 2025. was completed.
16 Jul 2025

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