Hero FinCorp Limited (HFL) Unlisted Shares

Latest unlisted share price, company overview and trading process

Company Overview

Introduction to Hero Fincorp Unlisted Share

Hero FinCorp Limited (HFL) is a prominent Non-Banking Financial Company (NBFC) in India that provides a wide spectrum of financial services to individuals as well as businesses. Established in 1991 as Hero Honda FinLease Limited, the company was later rebranded after Hero MotoCorp Limited acquired full ownership of the Hero brand. With a focus on financial inclusion, Hero FinCorp aims to offer easy access to credit, especially to underserved segments, while supporting business growth. Today, the company operates across more than 1,900 cities and towns, serving over 10 million customers and collaborating with 3,000+ corporate partners.

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Business Segments

Hero FinCorp caters to both retail and business clients through multiple verticals:

Retail Loans:
The company offers financing solutions such as two-wheeler loans, used car loans, personal loans, home loans, and loans against property. It holds a strong position in two-wheeler and used car financing.

SME & Corporate Lending:
Hero FinCorp provides working capital loans, supply chain financing, and customized financial solutions to small and medium enterprises as well as large corporates.

Hero Housing Finance Limited (HHFL):
Its wholly owned subsidiary focuses on housing finance, offering home loans, construction finance, and loans against property, contributing to affordable housing initiatives.

EV Financing:
The company has entered the electric vehicle financing segment, aligning with India’s push towards sustainable mobility and future-ready transportation solutions.

Financial Highlights
Revenue Growth: Interest income increased from ₹5,719 crore in 2023 to ₹7,479 crore in 2024, reflecting strong loan growth.
Profitability: Profit After Tax (PAT) rose from ₹479 crore to ₹637 crore, indicating improved operational efficiency.
Asset Quality: Gross NPA declined from 5.37% to 4.02%, while Net NPA stood at 2% in 2024, showing better credit management.
Earnings Per Share (EPS): Increased from ₹37.62 to ₹50.16, enhancing shareholder returns.
Balance Sheet Growth: Total assets expanded from ₹43,451 crore to ₹53,204 crore, driven by higher loan advances. Borrowings also rose to ₹42,544 crore, supporting business expansion.

Pros
Strong backing from Hero MotoCorp Limited ensures credibility and financial stability
Diverse product portfolio catering to both retail and corporate segments
Wide geographical reach across India with extensive customer base
Cons
Dependence on the performance of Hero MotoCorp Limited, especially in the two-wheeler segment
Sensitive to economic cycles, which can impact loan demand and asset quality
Challenges in loan recovery, particularly within the SME segment, affecting profitability

Unlisted Share Details



SHAREHOLDING PATTERN 2025

Holding PatternsValue
Hero Motocorp Ltd
41.15%
Bahadur Chand Investment PVT.LTD
20.33%
Otter limited10.11%
Others28.41%

Promoters or Management

NameDesignationExperience
Pawan Munjal
Chairman40
Abhimanyu Munjal
Joint MD & CEO20
Renu MunjalMD30
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