Hero Fincorp Limited Unlisted Shares Details:
Pan No:
AAACH0157J
Face Value:
₹ 10 Per Equity Share
ISIN:
INE957N01016
Equity Share Capital :
Rs.121.54 Cr
About Hero Fincorp:
Finance Made Easy. Three simple words, that drive India’s next generation ultra-lean credit champion- Hero FinCorp Limited (HFCL). Incorporated in December 1991 as Hero Honda FinLease Limited: the restricting of its parent company Hero MotoCorp Limited (Formerly known as Hero Honda Motors Limited), led to its present form as Hero FinCorp Limited.
Today’s, the company present at close 2000 retail financing touch-points across Hero MotoCorp’s network, and have partnered with over 2000 satisfied corporate clients. Going forward, the company plan to continuously expand our offerings and geographic presence, whilst offering class leading financial services to all sections of its society.
HFCL is engaged in the business of financing, leasing, bill discounting and other financial services. HFCL has a wholly-owned subsidiary – Hero Housing Finance Limited which is engaged in the business of providing housing loans.
In 2019, HFCLs retail business is present at 946 dealership and services are available at more than 3100 touch points spread across more than 1700+ cities, towns and villages. HFCL’s loan against Property, SME and Emerging Corporate Business is operating out of 33 locations on the non-retail segment and processes more than 800 applications every month.
Subsidiary of Hero-Fin Corp:
The Company has one wholly-owned subsidiary company viz. Hero Housing Finance Limited (“HHFL”). HHFL had started its lending operations from April 2018. It is an all-inclusive housing finance company providing hassle-free home loans PAN India which includes the following products to its customers: (i) Home Loans, (ii) Loan Against Property, etc.
HHFL has shown tremendous growth and touched loans of INR 556.75 crore during the first year of its operation in FY19.
During the year, Hero-Fin Corp had invested INR 200 crore in HHFL by subscribing to 20,00,00,000 equity shares of the face value of INR 10 each on rights basis.
Key Highlights of 2019
(i) The Hero Motorcorp Limited (HMCL) holds 41.03% stake in Hero-Fin Corp.
(ii) Hero-Fin Corp’s revenue and net profit have grown by 47.85% and 49.01% over the past three years.
(iii) Hero-Fin Corp’s capital adequacy ratio is well above the RBI norm of 15% and stands at 19.03%.
(iv) ICRA and CRISIL Limited has assigned ratings for the various facilities availed by the company as AA+.
(v) Hero-Fin Corp derives financial, operational, managerial support from Group HMCL (Group HMCL includes Group investment companies and individual promoters).
Financials of Hero Fincorp Limited Unlisted Shares:
Particulars(Cr)
2016
2017
2018
2019
2020
Total Revenue
771.38
1332.69
1691
2492
3663
Revenue Growth %
158.64
72.77
26%
47%
46%
Profit/Loss Before Tax (PBT)
124.76
200.62
215
413
480
Profit/Loss After Tax (PAT)
81.5
130.41
145
268
310
PAT Growth %
145.85
60.01
24.57
84%
16%
Earnings per share (EPS)
12.11
15.38
15.63
25.97
27
Shareholding Pattern
Name of the Shareholder
No. of Shares
% of Holding
OTTER LIMITED
1,28,82,170
10.12
CREDIT ISSUE (SINGAPORE)
LIMITED
29,30,985
2.30
APIS GROWTH II (HIBISCUS)
PTE. LTD
20,48,781
1.61
