Hero MotoCorp Ltd - Company Profile
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Hero MotoCorp Ltd (Hero MotoCorp) manufactures and markets motorized two-wheelers, and its spare parts. The company offers motorcycles, and scooters in 100 cubic capacity (CC), 110cc, 125cc, 150cc, 200cc and 225cc and scooters. The company’s major products include Xpulse, Karizma ZMR, Xtreme Sports, Glamour BS6 among others. It also offers spare parts for two-wheelers and provides support and maintenance services. It operates dealerships, service and parts outlets, and dealer-appointed outlets, and state-of-the-art manufacturing facilities in India, Colombia, Germany and Bangladesh. The company sells its products to customers across Asia, Africa and South and Central America. Hero MotoCorp is headquartered in New Delhi, India.
Headquarters
India
Address
Village Malkumajra, Nalagarh Road,Baddi, New Delhi, 110070
Website
www.heromotocorp.com/en-in.html
Telephone
91 11 46044200
No of Employees
9,215
Industry
Automotive
Ticker Symbol & Exchange
HEROMOTOCO (NSE)
Revenue (2022)
$4.4B
15.6%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
21.3%
(2022 vs 2021)
Market Cap*
$10.3B
Net Profit Margin (2022)
XYZ
5.0%
(2022 vs 2021)
* As of and is in US$
Hero MotoCorp Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Motorcycles | Support | Destini 125 Platinum |
| Scooters | Operational and Maintenance | Glamour |
| Spares Parts | Glamour Blaze | |
| 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 |
|---|---|---|
| 2024 | New Products/Services | In March, the company launched the Mavrick 440 and the Xtreme 125R in Guwahati. |
| 2024 | Plans/Strategy | In March, Ather Energy announced its plans to launch the new Ather Rizta electric scooter. |
| 2024 | Product Recall | In February, the company recalled more than 750,000 cars, SUVs, minivans, and pickups due to airbags to deploy when they should not. |
Competitor Comparison
| Key Parameters | Hero MotoCorp Ltd | Suzuki Motor Corp | Yamaha Motor Co Ltd | Mahindra & Mahindra Ltd | Bajaj Auto Ltd |
|---|---|---|---|---|---|
| Headquarters | India | Japan | Japan | India | India |
| City | New Delhi | Hamamatsu-Shi | Iwata-Shi | Mumbai | Pune |
| State/Province | Delhi | Shizuoka | Shizuoka | Maharashtra | Maharashtra |
| No. of Employees | 9,215 | 70,012 | 53,701 | 23,495 | 6,831 |
| 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 | 2015 | - |
| Niranjan Gupta | Chief Executive Officer | Senior Management | 2023 | - |
| Vivek Anand | Chief Financial Officer | Senior Management | 2024 | - |
| Arun Jaura | Chief Technology Officer | Senior Management | - | - |
| Ranjivjit Singh | Chief Growth Officer | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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