Hero Fincorp Ltd
Fortune 500 2024
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OVERVIEW
FINANCIALS
NEWS
About
Hero FinCorp Ltd. is a diversified financial services company in India, offering a range of products, including two-wheeler financing, personal loans, and SME financing. As a part of the Hero Group, the company leverages its extensive network to provide accessible financial solutions to a broad customer base. Hero FinCorp's commitment to customer-centricity and innovation has driven its growth in the Indian financial services sector.
Incorporation Year: 1991
Headquarters: New Delhi, Delhi, India
Top Management: Abhimanyu Munjal (Joint Managing Director & CEO)
Website: www.herofincorp.com
Featured In Fortune India Ranking
Fortune 500 India
#282(2024)
#328(2023)
#282(2024)#328(2023)
Ranking Trend Fortune 500 India
Financial Data 2024
Revenue
8,360
(INR Cr)
Net Operating Income
8,357
(INR Cr)
Assets
52,069
(INR Cr)
Profit
637
(INR Cr)
Net Worth
5,772
(INR Cr)
Fortune India Coverage
Financial Data
RevenueNet Operating IncomeProfitAssetsNet Worth
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 8360 29.7% | 6448 34.4% | 4798 10.7% | 4334 12.4% | 3855 53.1% | 2518 48.6% | 1695 27.2% | 1333 72.8% | 771 158.3% | 299 147.2% | 121 52.6% | 79 34.9% | 59 0.5% | 58 23.0% | 47 5.1% | 45 - |
| Net Operating Income (INR Cr) | 8357 29.64% | 6446 34.37% | 4797 10.70% | 4333 12.87% | 3839 52.44% | 2518 0.00% | 1695 27.15% | 1333 0.00% | 771 158.50% | 298 147.37% | 121 57.45% | 77 31.36% | 58 -0.07% | 58 22.85% | 47 7.98% | 44 -2.05% |
| Profit (INR Cr) | 637 32.8% | 480 - | -192 - | 52 -81.4% | 278 13.1% | 246 71.9% | 143 10.6% | 129 58.5% | 82 145.9% | 33 121.3% | 15 -21.4% | 19 35.5% | 14 -10.2% | 16 0.7% | 16 36.1% | 11 - |
| Assets (INR Cr) | 52069 24.2% | 41928 25.2% | 33498 15.3% | 29047 9.7% | 26488 30.6% | 20288 55.7% | 13034 34.5% | 9694 54.4% | 6279 105.2% | 3060 170.6% | 1131 53.5% | 737 81.2% | 407 56.2% | 260 -0.4% | 261 4.4% | 250 - |
| Net Worth (INR Cr) | 5772 10.0% | 5243 10.0% | 4768 -4.0% | 4968 11.1% | 4471 22.8% | 3642 0.0% | 2248 15.3% | 1950 0.0% | 1030 86.8% | 551 153.6% | 217 4.1% | 209 126.8% | 92 4.0% | 89 6.2% | 83 6.4% | 78 1.1% |
| Employee Cost (INR Cr) | 693 27.8% | 542 52.1% | 356 24.8% | 286 -5.7% | 303 27.6% | 237 60.8% | 148 41.3% | 104 58.1% | 66 106.3% | 32 173.5% | 12 420.4% | 2 196.1% | 1 46.2% | 1 33.3% | 0 - | 0 - |
| Interest Cost (INR Cr) | 3126 | 2205 | 1713 | 1750 | 1669 | 1149 | 700 | 674 | 301 | 99 | 41 | 32 | 24 | 22 | 13 | 15 |
| Cash & Bank Balance (INR Cr) | 158 | 791 | 1039 | 1223 | 2344 | 107 | 1 | 3 | 1 | 11 | 7 | 2 | 1 | 2 | 15 | 25 |
| Total Debt (INR Cr) | 46297 | 36680 | 28728 | 24080 | 22017 | 16646 | 10786 | 7692 | 5222 | 2500 | 913 | 527 | 311 | 168 | 178 | 172 |
Key Financial Ratios
Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 7.6% | 7.4% | - | 1.2% | 7.2% | 9.8% | 8.4% | 9.7% | 10.6% | 11.1% | 12.4% | 24.1% | 24.0% | 26.8% | 32.8% | 25.3% |
| Profit As % Of Assets | 1.2% | 1.1% | - | 0.2% | 1.1% | 1.2% | 1.1% | 1.3% | 1.3% | 1.1% | 1.3% | 2.6% | 3.5% | 6.0% | 6.0% | 4.6% |
| Profit As % Of Networth | 11.0% | 9.2% | - | 1.0% | 6.2% | 6.8% | 6.4% | 6.6% | 7.9% | 6.0% | 6.9% | 9.1% | 15.3% | 17.7% | 18.7% | 14.6% |
| Interest Cost to EBITDA % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| RONW | 11.6% | 9.6% | - | 1.1% | 6.9% | 6.8% | 6.8% | 6.6% | 10.3% | 8.6% | 7.0% | 12.7% | 15.6% | 18.2% | 19.2% | 14.6% |
| ROCE | 8.7% | 7.8% | 4.7% | 6.6% | 9.1% | 7.6% | 8.0% | 9.0% | 9.1% | 7.1% | 6.8% | 10.6% | 13.8% | 17.3% | 14.5% | 12.9% |