Hero Fincorp Unlisted Shares
About Hero Fincorp Unlisted Shares
Hero FinCorp Limited (HFL) is a leading Non-Banking Financial Company (NBFC) in India, offering a wide range of financial services designed to meet the diverse needs of individuals and businesses. Originally established as Hero Honda FinLease Limited in 1991, the company underwent a significant transformation after Hero MotoCorp gained full ownership of the Hero Honda brand, rebranding the company as Hero FinCorp Limited. With its mission to empower individuals, Hero FinCorp aims to provide accessible financial solutions to underserved segments and support businesses in realizing their potential. Today, it operates across 1900+ cities and towns, serving over 10 million customers and partnering with over 3000 corporate clients.
Business Divisions
Hero FinCorp operates through multiple business segments, catering to the financial needs of both retail customers and businesses.
- Retail Loans:
Hero FinCorp has a strong presence in the retail finance sector, specializing in providing loans for two-wheelers, used cars, personal loans, housing loans, and loan against property (LAP). The company has made notable strides in financing two-wheelers and used cars, consistently holding a leading position in the market. - SME and Corporate Loans:
The company is also a prominent player in providing financial services to small and medium enterprises (SMEs) and corporate clients. Hero FinCorp offers working capital loans, supply chain financing, and tailored solutions to meet the unique financial requirements of businesses across different sectors. - Hero Housing Finance Limited (HHFL):
As a wholly-owned subsidiary, Hero Housing Finance offers a variety of housing finance products such as housing loans, loan against property, and construction loans. Since its inception in 2018, HHFL has contributed to the government’s “Housing for All” mission by providing affordable housing solutions. - EV Financing:
Hero FinCorp has expanded its portfolio by venturing into electric vehicle (EV) financing. This initiative aligns with the growing demand for sustainable mobility solutions and positions the company to play a key role in India’s EV revolution.
Hero FinCorp has demonstrated impressive financial performance in recent years, with significant growth across various metrics:
- Revenue Growth:
Hero FinCorp’s revenue has shown substantial growth, with interest earned increasing from ₹5719 crores in 2023 to ₹7479 crores in 2024, indicating strong growth in loan disbursements and financial services. - Profitability:
The company reported a significant rise in Profit After Tax (PAT), from ₹479 crores in 2023 to ₹637 crores in 2024. This increase reflects the company’s strong business model and effective cost management strategies. - Improved Asset Quality:
Hero FinCorp has successfully reduced its gross NPA from 5.37% in 2023 to 4.02% in 2024, showing a positive trend in asset quality. Additionally, the net NPA stood at 2% in 2024, a significant improvement over previous years, demonstrating better loan recovery efforts. - Earnings Per Share (EPS):
The company’s EPS has increased from ₹37.62 in 2023 to ₹50.16 in 2024, highlighting its ability to generate strong earnings for its shareholders and improve shareholder value. - Total Assets and Liabilities:
Hero FinCorp’s total assets grew from ₹43,451 crores in 2023 to ₹53,204 crores in 2024, driven by an increase in advances, which rose to ₹49,880 crores. The company’s borrowings also increased to ₹42,544 crores in 2024, reflecting its continued expansion and funding requirements.
Disclaimer*This research has been conducted on available data. Investors are advised to perform their own research and due diligence before making any investment decisions. We are not responsible for any financial losses or inaccuracies in the data provided
Pros
- Robust Backing from Hero MotoCorp: Benefits from strong financial support and brand credibility, ensuring stability and growth potential.
- Extensive Product Portfolio: Offers a wide range of financial products, catering to diverse customer needs.
- Widespread Reach: Presence in 1900+ cities and 4000+ retail touchpoints ensures accessibility across India.
Cons
- Dependence on Hero MotoCorp: Tied to Hero MotoCorp’s performance, affecting business during downturns in the two-wheeler sector.
- Economic Sensitivity: Vulnerable to economic fluctuations, impacting loan disbursements and asset quality.
- Loan Recovery Issues: Challenges in loan collections, particularly in the SME segment, affecting profitability.
Key Details
| Share Name | Particulars |
|---|---|
| Hero Fincorp | 1570.00 |
| Unlisted Shares Price | Per Equity Share |
| Lot Size | 25 Shares |
| 52 Week High | ₹ 2175 |
| 52 Week Low | ₹ 1250 |
| Depository | NSDL & CDSL |
| PAN Number | AAACH0157J |
| ISIN Number | INE957N01016 |
| CIN | U74899DL1991PLC046774 |
| RTA | Link Intime |
| IPO Status | IPO Approved from BSE, in-principle approval waited from SEBI |
| Fundamentals | Value |
|---|---|
| Market Cap (in cr.) | 19987 |
| P/E Ratio | 182.13 |
| P/B Ratio | 3.47 |
| Debt to Equity | 9.19 |
| ROE (%) | 2% |
| Book Value | 452.51 |
| EPS | 8.62 |
| Face Value | 10 |
| Total Shares | 127306674 |
Financials
| P&L Statement | 2025 | 2024 | 2023 |
|---|---|---|---|
| Interest Earned | 8589 | 7479 | 5719 |
| Other Income | 1314 | 880 | 728 |
| Interest Expended | 3827 | 3097 | 2173 |
| Operating Expenses | 2935 | 2513 | 2288 |
| Provisions and Contingencies | 2884 | 1722 | 1212 |
| PAT | 110 | 637 | 479 |
| EPS | 8.63 | 50.16 | 37.62 |
| Gross NPA | 5.05 | 4.02 | 5.37 |
| Net NPA | 2.3 | 2 | 2.79 |
| Ratio | FY25 | FY24 | FY23 |
|---|---|---|---|
| Operating Profit Ratio | 41% | 49% | 45% |
| Net Profit Ratio | 1% | 8% | 7% |
| Return on Equity | 2% | 11% | 9% |
| Debt-Equity | 9.19 | 8.00 | 6.98 |
| Current Ratio | 1.09 | 1.11 | 1.12 |
| Dividend Payout | 13% | 20% | 21% |
| Company | HERO FINCORP LTD | BAJAJ FINANCE LTD | SHRIRAM FINANCE LTD |
|---|---|---|---|
| Market Cap (₹ Crores) | 16,537 | 5,71,683 | 1,27,029 |
| Profitability Margin (%) | 1.11% | 24.07% | 22.89% |
| ROCE (%) | 6.82% | 11.30% | 11.00% |
| ROE (%) | 1.91% | 19.20% | 15.80% |
| D/E Ratio | 9.19 | 3.74 | 4.15 |
| P/E Ratio | 150.70 | 34.50 | 15.30 |
| P/B Ratio | 2.87 | 5.98 | 2.22 |
| Book Value per Share (₹) | 452.51 | 1,556.00 | 300.00 |
| Assets | 2025 | 2024 | 2023 |
|---|---|---|---|
| Fixed Assets | 172 | 181 | 111 |
| Cash and Balances | 2032 | 158 | 790 |
| Investments | 2556 | 1896 | 1747 |
| Advances | 53815 | 49880 | 39871 |
| Other Assets | 1467 | 1089 | 932.31 |
| Total Assets | 60042 | 53204 | 43451.31 |
| Liabilities | 2025 | 2024 | 2023 |
|---|---|---|---|
| Share Capital | 127.4 | 127 | 127.31 |
| FV | 10 | 10 | 10 |
| Reserves | 5632 | 5638 | 5116 |
| Borrowings | 47958 | 42544 | 33359 |
| Trade Payables | 0 | 0 | 0 |
| Other Liabilities | 6324.6 | 4895 | 4849 |
| Total Liabilities | 60042 | 53204 | 43451.31 |
Promoters or Management
| Name | Designation | Experience | LinkedIn Profile |
|---|---|---|---|
| Pawan Munjal | Chairman | 40+ | — |
| Abhimanyu Munjal | Joint MD & CEO | 20+ | — |
| Renu Munjal | MD | 30+ | — |
Frequently Asked Questions
The buying and selling of unlisted shares and pre-IPO shares is fully legal and valid.
The procedure to buy Hero FinCorp unlisted shares is fairly simple. Once you have settled on the price and quantity of the transaction, you would have to transfer the funds into the bank account of the seller. Once the funds are transferred and transaction details are shared with the seller, your demat account will be credited with the shares either on the same day of the fund transfer or before the end of the next working day.
In the secondary market, the transactions related to unlisted shares take place with the existing owners of the shares who are generally the employees or existing investors in the company. The company itself is not directly involved.
The Hero FinCorp unlisted shares will get credited either the same day or before the end of the next working day when you transfer the funds into our bank account.
The minimum lot size varies on the basis of market conditions and demand and supply factors. To know the current lot size of Hero FinCorp, please visit the stock page on our website: www.unlistedhub.com
There are many factors which influence the pricing of unlisted shares. Apart from the supply and demand factors, the latest transactions happened on the same stock, last funding round of the company, and valuation level of companies of the similar size affect the pricing of the unlisted shares.
Before IPO, there is no restriction on sale and transfer of your Hero FinCorp unlisted shares. But once the shares are listed on the stock exchange, for retail investors, there is a minimum lock-in period of 6 months after listing on the stock exchange.
Once the selling price and quantity of shares is agreed with us, we will provide you with a UTR number to transfer the shares. Once you have transferred the shares into our company’s demat account, funds are released into your bank account within 24 hours or before the end of the next working day of the transfer of the shares.
