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  5. Hero MotoCorp Limited
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    500182   INE158A01026

HERO MOTOCORP LIMITED

(500182)
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Business Summary
Hero MotoCorp Limited is a two-wheeler manufacturer. The Company manufactures and sells motorized two wheelers up to 350 cubic centimeters (cc) engine capacity, spare parts and related services. Its products include Karizma ZMR, Karizma, Xtreme Sports, Xtreme, Hunk, Impulse, Achiever, Ignitor, Glamour Programmed FI, Glamour, Super Splendor, Passion XPRO, iSmart 110, Passion PRO, Passion PRO TR, Splendor iSmart, Splendor PRO Classic, Splendor PRO, Splendor+, HF Deluxe ECO, HF Deluxe, HF Dawn, Duet, Maestro Edge, Maestro and Pleasure. It offers over 20 products comprising 100 cubic centimeters (CC), 110CC, 125CC, 150CC, 225CC and scooter category. Its manufacturing plants are located in Dharuhera, Haryana; Gurgaon, Haryana; Haridwar, Uttarakhand; Neemrana, Rajasthan, and Villa Rica, Colombia. Its research and development center is located in Jaipur, Rajasthan. It has a Global Parts Centre for manufacturing and supplying the parts at local and global markets at Neemrana, Rajasthan.

Number of employees : 31 439 people.
Sales per Business
20202021Delta
Two Wheelers253 235.0087.7%268 233.0087.9% +5.92%
Spares Parts29 097.7010.1%31 983.8010.5% +9.92%
Incentive from State Governments3 454.601.2%4 274.601.4% +23.74%
Services - Others4 890.101.7%3 486.001.1% -28.71%
Miscellaneous653.600.2%574.200.2% -12.15%
Dealers Support Services462.000.2%431.800.1% -6.54%
Goodlife Program for Customers406.400.1%373.700.1% -8.05%
Duty Drawback and Other Incentives305.700.1%227.200.1% -25.68%
Components48.300%7.900% -83.64%
INR in Million
Sales per region
20202021Delta
India279 763.0096.9%297 839.0097.6% +6.46%
Overseas12 790.204.4%11 753.103.9% -8.11%
INR in Million
Managers
Name Title Age Since
Pawan Kant Munjal Chairman & Chief Executive Officer 67 -
Niranjan Gupta Chief Financial Officer - 2017
Arun Jaura Chief Technology Officer - 2022
Michael Clarke Chief Operating & Human Resources Officer 59 2021
Neerja Sharma Secretary & Chief Compliance Officer - 2016
Damodaran Meleveetil Independent Non-Executive Director 74 2008
Jagmohan Singh Raju, Dr. Independent Non-Executive Director - -
Tina Trikha Independent Non-Executive Director 46 2019
Birender Singh Dhanoa Independent Non-Executive Director - 2020
Camille Tang Independent Non-Executive Director - 2021
Members of the board
Name Title Age Since
Pawan Kant Munjal Chairman & Chief Executive Officer 67 -
Pradeep Dinodia Non-Independent Non-Executive Director 68 2001
Damodaran Meleveetil Independent Non-Executive Director 74 2008
Suman Kant Munjal Non-Independent Non-Executive Director 68 2010
Vikram S. Kasbekar Executive Director - 2022
Jagmohan Singh Raju, Dr. Independent Non-Executive Director - -
Tina Trikha Independent Non-Executive Director 46 2019
Birender Singh Dhanoa Independent Non-Executive Director - 2020
Camille Tang Independent Non-Executive Director - 2021
Rajnish Kumar Independent Non-Executive Director 63 2021
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 199,805,231 126,467,455 63.3% 0 0.0% 63.3%
Shareholders
NameEquities%
Bahadur Chand Investments Pvt Ltd. 40,033,238 20.0%
Pawan Kant Munjal 28,002,912 14.0%
Life Insurance Corp of India 25,134,773 12.6%
Westwood Global Investments LLC 4,330,094 2.17%
PPFAS Asset Management Private Ltd. 4,044,404 2.02%
The Vanguard Group, Inc. 4,008,554 2.01%
SBI Funds Management Pvt Ltd. 3,735,622 1.87%
Hermes Investment Management Ltd. 3,117,034 1.56%
BlackRock Fund Advisors 3,106,687 1.55%
Norges Bank Investment Management 2,861,674 1.43%
Markets and indexes
- Main Market
- CNX Nifty /
Company contact information
Hero Motocorp Ltd
Basant Lok, Vasant Vihar 34 Community Centre
IN-110 057 New Delhi, National Capital Territory of India

Phone : +91 (11) 46044100
Fax : +91 (11) 2614 3321
web site : http://www.herohonda.com
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