Hero MotoCorp Ltd - Company Profile
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Hero MotoCorp Ltd (Hero MotoCorp) is a manufacturer and marketer of motorcycles, scooters, and their accessories. The company focuses on producing two-wheelers, offering a range of products, including commuter motorcycles, scooters, and premium two-wheelers. It also offers various services such as after-sales services, vehicle repairs, and customer support. Notable brands under Hero MotoCorp include Splendor, Glamour, Vida, Karizma, Xpulse, Maestro, Passion, and Xtreme. The company's products cater to a diverse customer base, providing mobility solutions for daily commuting, leisure, and performance riding. It operates dealerships, service and parts outlets, and dealer-appointed outlets to reach its customers. The company has expanded its presence across multiple countries, targeting markets in Asia, Africa, Central America, and Latin America. Hero MotoCorp is headquartered in New Delhi, India.
Headquarters
India
Address
The Grand Plaza, Plot No.2, Nelson Mandela Road, New Delhi, 110070
Website
www.heromotocorp.com
Telephone
91 11 46044100
No of Employees
9,527
Industry
Automotive
Ticker Symbol & Exchange
HEROMOTOCO (NSE)
Revenue (2024)
$4.9B
8.3%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
16.9%
(2024 vs 2023)
Market Cap*
$11.2B
Net Profit Margin (2024)
XYZ
8.0%
(2024 vs 2023)
* As of and is in US$
Hero MotoCorp Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Motorcycles | Services | Destini 125 Platinum |
| EV Vehicles | Customer Support Service | Glamour |
| Spares Parts | After Sales Service | Glamour Blaze |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Corporate Changes/Expansions | In March, the company and Harley-Davidson opened two full-line dealerships in Kochi and Bengaluru. |
| 2026 | Contracts/Agreements | In January, the company signed a partnership with Valeo to co-create Advanced Rider Assistance System technology. |
| 2025 | Acquisitions/Mergers/Takeovers | In October, the company acquired a 26% stake in Clean Max Karakoram Private Limited. |
Competitor Comparison
| Key Parameters | Hero MotoCorp Ltd | Bajaj Auto Ltd | TVS Motor Co Ltd | Eicher Motors Ltd | Ola Electric Mobility Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | New Delhi | Pune | Chennai | Chennai | Bangalore |
| State/Province | Delhi | Maharashtra | Tamil Nadu | Tamil Nadu | Karnataka |
| No. of Employees | 9,527 | 5,598 | 6,522 | 3,390 | 9 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Pawan Munjal | Chairman | Executive Board | 2021 | 72 |
| Harshavardhan Chitale | Chief Executive Officer | Senior Management | 2026 | - |
| Swadesh Srivastava | Chief Business Officer – Emerging Mobility Business Unit | Senior Management | - | - |
| Madhuri Mehta | Chief Human Resources Officer | Senior Management | 2025 | - |
| Sanjay Bhan | Executive Vice President - Global Business, Global Product Planning and Global Market Insights | Senior Management | 2024 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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