Hero FinCorp Ltd
- Unlisted share
- Financial Services
- ISIN INE957N01016
At a glance
Sales
FY26
₹9,583 Cr
−2.5%on FY25What the company earned from its customers in the year.
Loss for the year
FY26
₹-226 Cr
The company spent more than it earned in the year.
Market valuecalculated
₹12,161 Cr
What the whole company would be worth at GrowFast's indicative price.
Net worth
FY26
₹5,910 Cr
What the owners would have left on paper if every debt was repaid.
From the company's published figures; sources are beside each figure further down the page.
Key details
- Company
- Hero FinCorp Ltd
- ISIN
- INE957N01016
- Sector
- Financial Services
- Type of share
- Unlisted equity share
- Indicative price per share
- ₹938.12
- Price last updated
- 12 Oct 2026
- Minimum quantity
- Confirmed by the desk
- How you hold it
- In your own demat account
- Enquiries
- GrowFast desk, on WhatsApp
Indicative prices, illiquid shares. Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
Company
About Hero FinCorp Ltd
Hero FinCorp is a Delhi-based non-banking finance company that lends for two-wheelers, personal and consumer needs, used cars and small businesses, and offers home loans through its subsidiary Hero Housing Finance. It belongs to the Hero group: the promoter group held 78.12% of the equity at 31 March 2026, with Hero MotoCorp Limited the largest single shareholder at 40.45%. Its equity shares are unlisted, while its non-convertible debentures are listed on the NSE.
Written from: hfcl-website-cms.s3.ap-south-1.amazonaws.com
Listing status. DRHP filed with SEBI, BSE and NSE on 1 August 2024; SEBI observations received on 21 May 2025. Equity shares were not listed on any exchange as of 31 March 2026. Hero FinCorp annual report 2025-26 (NSE intimation)
Financials
Ask for the full annual report.
The figures on this page are the headline numbers. The desk can share the latest annual report and anything published since.
Ask for the financials- Sector
- Financial Services
- ISIN
- INE957N01016
- Year of incorporation
- 1991
- Registered office
- New Delhi, Delhi
- Promoter group
- Hero group promoters and promoter group 78.12% of equity; Hero MotoCorp Limited 40.45%
- Key people
- Managing Director & Chief Executive Officer: Abhimanyu Munjal; Company Secretary: Shivendra Suman
- Employees
- 13,500 people
- Face value per equity share
- ₹10
- Equity shares
- 12,96,27,036 shares
- CIN
- U74899DL1991PLC046774
- Official website
- herofincorp.com
Read from: Hero FinCorp annual report 2025-26 (NSE intimation), unless another source is shown on a card.
Key data
What the numbers mean
The ratios buyers look at, each said in plain words.
Price to book (P/B)calculated
2.06×
At this price you pay ₹2.06 for every ₹1 of net worth on the company's books.
Profit margincalculated
-2.4%
For every ₹100 of sales, the company lost ₹2.4.
Return on equitycalculated
-3.8%
For every ₹100 of the owners' money, the company lost ₹3.8 in the year.
Debt to equitycalculated
8.91×
The company has borrowed ₹8.91 for every ₹1 of its owners' money.
Lenders and finance companies normally borrow far more than other businesses.
- Indicative price
- ₹938.12
- Market valuecalculated
- ₹12,161 Cr
- price × shares
- No. of shares
- 12,96,27,036
- EPS
- ₹-17.56
- Book value per share
- ₹455.96
- Face value
- ₹10
Figures marked “calculated” are worked out by GrowFast from its indicative price and the company's published figures for FY2025-26. They move with the price, and they are arithmetic, not a valuation.
Figures in ₹ crore
Financials
Hero FinCorp Limited. As published in the company's audited reports. GrowFast has not audited them.
Sales, year by year
₹ crore. The darkest bar is the latest year.
FY24 to FY26: ₹8,291 Cr to ₹9,583 Cr.
Profit, year by year
₹ crore, after tax. A bar below the line is a loss.
FY24 to FY26: ₹637 Cr to ₹-226 Cr.
| Particulars | FY24 | FY25 | FY26Latest |
|---|---|---|---|
| Total revenue from operations | 8,290.9 | 9,832.73 | 9,583.26▼3% |
| Other income | 68.82 | 70.6 | 10.15▼86% |
| Total income | 8,359.72 | 9,903.33 | 9,593.41▼3% |
| Depreciation and amortisation | 65.96 | 95.97 | 100.87▲5% |
| Finance costs | 3,097.36 | 3,827.71 | 3,766.43▼2% |
| Profit/(loss) before tax | 960.55 | 256.09 | -101.21▼140% |
| Profit/(loss) after tax | 637.05 | 109.95 | -226.01▼306% |
| Basic earnings per share (₹) | 50.04 | 8.63 | -17.56▼303% |
| Impairment on financial instruments | 1,722.39 | 2,884.09 | 2,521.86▼13% |
| Interest income | 7,479.38 | 8,588.67 | 8,255.49▼4% |
Rupees crore unless marked, consolidated. The change shown is the latest year against the year before. Read from: Hero FinCorp annual report 2024-25, Hero FinCorp annual report 2025-26.
Credit rating. AA+ (Stable) from CRISIL and ICRA on non-convertible debentures and subordinated debt, reaffirmed February-March 2026; CARE AA+ (Stable) on bank loans (as of 31 March 2026) Hero FinCorp credit rating disclosure to NSE, 28 April 2026, and annual report 2025-26
Ownership
Shareholding pattern
Who owns the company
- Promoters and promoter group78.12%
- Hero MotoCorp Limited (within promoter group)40.45%
- Non-promoters21.88%
- Total140.45%
Read from: Hero FinCorp annual report 2025-26
Capital history
Fund raise history
| Date and detail | Type | Instrument | Price per share | Amount raised |
|---|---|---|---|---|
| FY2025-2622,14,277 equity shares issued by private placement at a premium of ₹1,390 over the ₹10 face value, described by the company as a pre-IPO allotment; the total amount and allotment date are not stated in the passage read. | Preferential issue (pre-IPO placement) | Equity shares of ₹10 each | ₹1,400 | Not stated |
Read from: Hero FinCorp annual report 2025-26
Leadership
Management
Dr. Pawan Munjal
Chairperson and Non-Executive Director (Promoter)
Abhimanyu Munjal
Managing Director & Chief Executive Officer
Renu Munjal
Whole Time Director (Executive, Promoter)
Anand Kumar Saluja
Chief Financial Officer (from 28 April 2026)
Shivendra Kumar Suman
Company Secretary & Compliance Officer
Pradeep Dinodia
Non-Executive Director
Sanjay Kukreja
Non-Executive Director
Amar Raj Singh Bindra
Independent Director
Paramdeep Singh
Independent Director
Read from: Hero FinCorp annual report 2025-26
Corporate calendar
Events
- 31 Jul 2026AGMAnnual general meeting for FY2025-26 called for 31 July 2026; no dividend recommended on equity sharesOpen
- 28 Apr 2026Exchange filingCredit rating disclosure to NSE: AA+ (Stable) from CRISIL and ICRA on non-convertible securitiesOpen
- 28 Apr 2026Management changeAnand Kumar Saluja took over as Chief Financial Officer from Sajin Purushothaman MangalathuOpen
- 21 May 2025RegulatorSEBI observations on the DRHP receivedOpen
- 29 Apr 2025DividendBoard proposed a final dividend of ₹1.10 per equity share for FY2024-25Open
- 1 Aug 2024DRHP filingDraft red herring prospectus filed with SEBI, BSE and NSE for an IPOOpen
Reports and filings
Annual reports and results
Each link opens the document where its publisher keeps it.
Before you buy
Six things to check on any unlisted share.
The same list applies to every stock. None of it is advice on this one.
The company's latest financials
Revenue, profit and debt for the last three years, from its audited annual report. Ask the desk for the most recent set.
What the price implies
Compare the price per share with earnings and book value per share, and with listed companies in the same business.
Whether a listing is planned
A company may file for an IPO, delay it or never list. A listing, its timing and its price are never certain.
How you would sell
There is no exchange for these shares. You sell by finding a buyer, which can take time and may be at a lower price.
Lock-in after a listing
Shares bought before an IPO are usually locked in for a period after the company lists. Confirm the current rule before you buy.
Tax on your gains
Unlisted shares are taxed differently from listed ones. Check your position with a tax adviser.
Questions
What buyers ask about this stock.
Not answered here? Ask the desk.
Inquire about Hero FinCorp Ltd on WhatsAppIs the price shown for Hero FinCorp Ltd final?
No. It is an indicative price per share. The desk confirms the price and the quantity available when you inquire, and the confirmed price is the one you deal at.
How do I buy these shares?
Press Inquire. It opens a WhatsApp chat with the desk, with this stock already named. After the price and quantity are agreed, a 10% advance locks the deal. Once your KYC is complete you pay the balance, and the shares are transferred to your demat account.
Do I pay anything on this website?
No. No payment is taken and no order is placed on this site. Payment details are shared by the desk only after the deal is agreed.
What do I need before I can buy?
A demat account in your name and the documents for KYC: your identity and demat account details are verified before any deal, as the regulations require.
Can I sell my Hero FinCorp Ltd shares to GrowFast?
GrowFast buys as well as sells. Press Inquire and tell the desk how many shares you hold; it will come back with what it can offer.
How do I sell Hero FinCorp Ltd shares I already hold?
Tell the desk how many you hold. If a price is agreed, you transfer the shares from your demat account with a delivery instruction to your depository participant (a DIS, or its online equivalent), and payment follows as agreed with the desk.
Is there a lock-in if the company lists?
Shares held before an IPO are generally locked in for a period after the listing under SEBI's rules, which have changed over time. Ask the desk for the rule that applies today before you buy.
Is buying unlisted shares legal in India?
Yes. Shares of an unlisted company can be bought and sold privately and are transferred between demat accounts. They are not traded on a stock exchange, so the protections of an exchange do not apply.
What is the minimum I can buy?
It differs by stock and by what the desk holds at the time. The desk confirms the minimum quantity when you inquire.
What is an ISIN?
The 12-character code that identifies a security. It is how your depository knows exactly which share is being transferred to your demat account.
Why are unlisted shares riskier than listed ones?
Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
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Risk disclosure
Prices on this site are indicative, quoted per share, and are not an offer to buy or sell. The price and quantity for any deal are confirmed by GrowFast's desk at the time you deal.
Unlisted, pre-IPO and delisted shares are not traded on a stock exchange. They are illiquid, their prices can move sharply, and you may be unable to sell them when you wish or at all. A company that is expected to list may not do so.
Nothing on this site is investment advice or a promise of returns. Past prices do not predict future prices. Consider your own circumstances, and take independent advice, before you invest.
Inquire opens a WhatsApp chat with GrowFast. No payment is taken and no order is placed on this site.
GrowFast is not affiliated with, sponsored by or endorsed by Hero FinCorp Ltd. Its name and logo belong to their owner and are shown only to identify the company. Figures about it come from published sources and have not been audited by GrowFast. See the Terms and Conditions.