Hero FinCorp Limited Unlisted Shares

Board of Directors

Pawan Munjal, (Chairman & Director)
Renu Munjal, (Director)
Abhimanyu Munjal, (Director)

Background

Hero Fincorp limited (HFCL) is one of the India's fastest growing NBFC, disbursing more than 52 loans every hour. On the Corporate Lending front, they have forged strong relationships with over 500 high-growth companies.

The Company provides a wide portfolio of financial products including Used Car Loans, Loyalty Personal Loan, Inventory Funding, Loan Against Property, Loans to SMEs and, Emerging Corporates.

As on March 2020 Company's Loans and Advances stood Rs. 22482 Crores against Rs. 13158 Crores as on March 2018. Within two years company almost grew at a rate of 70% in terms of Loans & Advances.

Company's Total Income grew to Rs. 3702 Crores as on FY-2020 from Rs. 2492 Crores and Rs. 1691 Crores as on FY 2019 and FY 2018, respectively which is an annual average growth of 47% approximately for three years.

Also, HFCL's capitalization profile remains adequate with a CRAR of 17.1% and a consolidated gearing of 5.2 times as on September 30, 2019. Further, the equity infusion of Rs. 600 Crores in March 2020 and a committed call of further equity of Rs. 475 Crores from its shareholders provides visibility for assured growth for next couple of years as well as a cushion for absorbing any asset-side shocks.

Registered Office

34, Community Centre, Basant Lok, Vasant Vihar, New Delhi-110057. Tel. 011-46044100/26142451

Consolidated Financial Information For Last 2 Years (Rupees In Crore)

Annual Report of Hero FinCorp Limited Unlisted Shares

Hero Fincorp Limited Annual Report 2019

Hero Fincorp Limited Annual Report 2018