Hero Fincorp Ltd
Market Cap: ₹0Cr.
Current Price: ₹50000
Lot Size:
52W High: ₹
EPS:
Debt to Equity:
Stock P/E:
Book Value: ₹
52W Low: ₹
Demat Account:
ISIN:
Description
| Buy Price | Minimum Quantity | Amount |
|---|---|---|
| ₹ 2000 | 25 | ₹ 50,000 |
| Sell Price | Minimum Quantity | Amount |
|---|---|---|
| ₹ 2010 | 25 | ₹ 50,250 |
Company Overview:
Company Overview: Incorporated in December 1991, Hero FinCorp is an Indian Non-Banking Financial Company (NBFC). Hero FinCorp (incorporation name Hero Honda FinLease Ltd.) is engaged in businesses such as leasing, financing, bill discounting, and more. Hero FinCorp Limited has a subsidiary known as Hero Housing Finance Limited, the company is involved in consumer finance businesses and commercial lending.
Products and Services: They offer retail loans, corporate loans, and loyalty loans like two-wheeler, personal, used car, commercial loans, loans against properties, unsecured business loans, medical equipment financing, working capital loans, inventory funding, and so on. The company is present at 2000 retail touch-points across India and has partnered with over 2000 satisfied corporate clients to give hassle-free services to its clients. The company focuses on end-to-end digital lending to enable a joyful home ownership experience for their customers.
| Market Cap. | 35598 |
| LTP | 2025 |
| Book Value | 352.7 |
| EPS | 38.92 |
| PE | 55.9 |
| Face Value | 10 |
| YEAR | 2024 | 2023 |
| Loans | 49880.47 | 39871.27 |
| Investments | 1895.96 | 1747.49 |
| Borrowings | 35840.39 | 26612.99 |
| Total Income | 8359.72 | 6447.55 |
| Total Expenses | 7399.17 | 5712.33 |
| Profit | 637.05 | 479.95 |
Business expansion: Hero FinCorp plans to expand its product portfolio and geographic presence. The company also plans to grow its assets to USD 10 billion and serve over 15 million customers by FY-25.
Growth: Hero FinCorp aims to grow to USD 10 billion in assets and serve over 15 million customers by FY-25.
| Shareholding above 5% | Holding% |
| Hero MotoCorp Limited | 41.19% |
| Bahadur Chand Investments Pvt. Ltd. | 20.34% |
| Otter Limited | 10.12% |
| Others | 28.35% |
Income Statement (Profit & Loss Statement)
| Particulars | FY 2023 (₹ Crore) | FY 2022 (₹ Crore) | Change (%) |
| Revenue from Operations | 2,800 | 2,500 | +12% |
| Interest Income | 2,500 | 2,200 | +13.64% |
| Other Income | 300 | 300 | 0% |
| Total Revenue | 2,800 | 2,500 | +12% |
| Operating Expenses | 1,700 | 1,550 | +9.68% |
| Interest Expense | 1,000 | 900 | +11.11% |
| Employee Benefits Expense | 250 | 230 | +8.70% |
| Provisions and Write-offs | 100 | 80 | +25% |
| Depreciation & Amortization | 50 | 50 | 0% |
| Operating Profit (EBITDA) | 1,100 | 950 | +15.79% |
| Profit Before Tax (PBT) | 800 | 750 | +6.67% |
| Income Tax Expense | 200 | 180 | +11.11% |
| Net Profit After Tax (PAT) | 600 | 570 | +5.26% |
Balance Sheet
| Particulars | FY 2023 (₹ Crore) | FY 2022 (₹ Crore) | Change (%) |
| Assets | |||
| Non-Current Assets | |||
| Property, Plant & Equipment | 250 | 230 | +8.70% |
| Investments | 600 | 500 | +20% |
| Current Assets | |||
| Loans & Advances (Net) | 15,000 | 13,500 | +11.11% |
| Cash & Bank Balances | 800 | 600 | +33.33% |
| Receivables | 300 | 250 | +20% |
| Other Current Assets | 150 | 140 | +7.14% |
| Total Assets | 16,900 | 15,720 | +7.51% |
Key Financial Ratios
| Financial Ratio | FY 2023 | FY 2022 |
| Return on Assets (ROA) | 3.55% | 3.62% |
| Return on Equity (ROE) | 20.00% | 21.11% |
| Net Interest Margin (NIM) | 8.50% | 8.00% |
| Debt-to-Equity Ratio | 1.22 | 1.21 |
| Capital Adequacy Ratio (CAR) | 15.00% | 14.50% |
| Gross NPA Ratio | 2.50% | 2.80% |
| Net NPA Ratio | 1.00% | 1.30% |
| Earnings Per Share (EPS) | ₹15.00 | ₹14.25 |