Hero Motors Limited

Visit Official Website

Reference Value (Not a Market Quote)

₹315

Company Reference Data (Informational Only)

Company Name

Hero Motors Limited

Scrip Name

Hero Motors

ISIN No.

INE012G01022

No. of Outstanding Shares

37,93,07,960

PAN No.

AAACH4073P

Face Value

₹10

EPS

₹0.86

PE ratio

366.28

P/S Ratio

11.09

Indicative Market Cap

₹11,948.20 Cr

Book value

₹11.23

P/BV

28.05

Approx. Annual Reference Range – High*

₹325 (09/03/26)

Approx. Annual Reference Range – Low*

₹250 (19/08/25)

*Source: Third-party OTC market data. Not sourced from any recognised stock exchange. Accuracy and timeliness not guaranteed.

DRHP Filed?

Yes

Available on

NSDLCDSL

ROFR Require

Sector

Automobile

Registration Date

—

Official Website

heromotors.com/ipo.aspx?mpgid=30&pgidtrail=36

Reference Value Context (Informational Only)

Reference value trend

Disclaimer: Prices shown are indicative and subject to change without notice based on market availability. This information does not constitute financial advice.Last updated: 10 Jul 2026

Face Value

₹10

Reference Value

₹315

Eligibility

Resident & NRI

Company Overview

Hero Motors Limited is the automotive flagship company of the Hero Motors Company group and a manufacturer of highly engineered powertrain and alloy-metallic solutions. The company is positioned around electrification, premium transmission systems, e-bike powertrain exports and global OEM relationships.

Key Achievements

Recognised in the DRHP as the only player manufacturing and exporting CVT hubs to global e-bike OEMs from India.
Recognised in the DRHP as the only manufacturer of integrated electric powertrain products for e-bikes in India.
Established international operations and capabilities through Hero Motors Thai Limited and Hewland Engineering Limited.
Built customer relationships across BMW, Ducati, Enviolo, HWA and other global mobility customers disclosed in the DRHP.
Filed a DRHP dated June 30, 2025 for a proposed IPO of up to INR 12,000 million.

Milestones

1998Incorporated as Hero Briggs & Stratton Auto Private Limited.

2003Renamed Hero Auto Limited after becoming a public limited company.

2004Renamed Hero Motors Limited.

2015Demerger scheme with Hero Cycles for sheet metals, transmission and cycle production and assemblies business.

2022HYM Drive Systems Private Limited incorporated.

2023Hewland Engineering Limited became a subsidiary after Hero Motors acquired majority stake.

2025Filed DRHP dated June 30, 2025 for proposed IPO.

Share Details

Outstanding Shares	37,93,07,960
Face Value	₹10 Per Equity Share
ISIN	INE012G01022
Reference Value	₹315
PAN Number	AAACH4073P

Incorporation Details

GST Number	07AAACH0812J1ZY
Registration Date	—
Category / Sub-Category	Public Company having a share capital
Registered Office Address	Hero Nagar, GT Road, Ludhiana, Punjab - 141003, India
Registrar & Transfer Agent	KFin Technologies Limited

Board of Directors

Pankaj Munjal

Director

Amit Gupta

Managing Director and Chief Executive Officer

Sridhar Narayan

Nominee Director

Kulbir Singh

Director

Jyoti Arora

Director

Ashok Kumar Taneja

Director

Abhishek Munjal

Director

Andrew Charles Palmer

Director

Pratibha Goyal

Director

Keshav Misra

Director

Principal Business Activities

Name & Description of Main Products/Services	NIC Code	% to Total Turnover
Automotive components, transmission systems, e-mobility components and engineering products	29301	100%

Shareholding Pattern

S.No.	Shareholder Name	No. of Shares	% of Total
1	Promoters and Promoter Group	32,75,40,186	91.41%
2	Public	3,07,95,833	8.59%
—	Total	37,93,07,960	100%

Segment Revenue

Powertrain Solutions

47.67%

Alloy and Metallics

52.33%

EV Revenue

13.36%

Non-EV Revenue

86.64%

Subsidiaries & Group Companies

Name	% Stake
HYM Drive Systems Private Limited	90%
Hero Edu Systems Private Limited	100%
Hero Motors Thai Limited	100%
Spur Technologies Private Limited	100%
Hewland Engineering Limited	51%

Industry Outlook

Auto component demand is supported by premiumisation, electrification, exports, and localisation of supply chains. Cyclicality in vehicle production, customer concentration, and technology transitions remain key monitorables.