Hero MotoCorp
Hero MotoCorp Limited is an Indian multinational motorcycle and scooter manufacturer headquartered in Delhi. It is one of the world's largest two-wheeler manufacturer and has a market share of about 46% in the Indian two-wheeler industry. As of 27 May 2021, the market capitalization of the company was ₹59,600 crore (equivalent to ₹700 billion or US$8.8 billion in 2023).
| Formerly | Hero Honda |
|---|---|
| Company type | Public |
Traded as |
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| ISIN | INE158A01026 |
| Industry | Automotive |
| Founded | 19 January 1984 |
| Founder | Brijmohan Lall Munjal |
| Headquarters | New Delhi, India |
Key people |
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| Products |
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Production output | 7,587,130 units (2018) |
| Revenue | ₹34,727.39 crore (US$4.3 billion) (2023) |
| ₹3,863.62 crore (US$480 million) (2023) | |
Net income | ₹2,799.90 crore (US$350 million) (2023) |
| Total assets | ₹23,917.03 crore (US$3.0 billion) (2023) |
| Total equity | ₹16,780.63 crore (US$2.1 billion) (2023) |
| Owner | Munjal family: (40%), Government of India (through public sector banks): (15%), Tata asset management (0.8%),more. |
Number of employees | 8,599 (2020) |
| Parent | Hero Motors Company |
| Subsidiaries | Vida EV |
| Website | www |
The major shareholders of the company include The Munjal family: (40%), the Government of India (through public sector banks):(15%) and Tata asset management: (0.8%).
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