Understanding The Latest Financial Report Of Hero FinCorp

In the last week of December 2022, Hero FinCorp Limited shared its standalone quarterly results for the previous quarter of the financial year. As per the reports, in Q3 of FY23, the company’s total revenue from the operations increased by 35% to Rs. 1,562 crore, which was earlier capped at Rs. 1,151 crore in the previous year. 

Incorporated in 1991 as Hero Honda FinLease Limited, Hero FinCorp Limited is an Indian non-banking financial company. However, due to the change in the parent company’s ownership, it is currently an associate company of Hero MotoCorp. The financial giant functions in the consumer finance business and commercial lending domain. Here we will break down the latest financial report of the non-banking financial company and learn about the Hero FinCorp IPO.

Details Of The Hero FinCorp Unlisted Share Price

The details of the Hero FinCorp unlisted share price are as follows –

Total available shares4,000
Hero FinCorp Outstanding Shares163,670,310
Face value₹ 10 Per Equity Share
ISININE957N01016
Lot size of Hero FinCorp unlisted share50 Shares
Hero FinCorp unlisted share price today₹ 1,060 Per Equity Share

Currently, HFCL delivers various financial services, including leasing, bill discounting and business financing. Hero FinCorp Limited is a fully-owned subsidiary of Hero Housing Finance Limited, a well-known housing loan provider. The profits of the non-banking financial company have increased by 36% to Rs. 245 crore, which was earlier Rs. 180 crore in the same period of the previous year. 

With the fantastic performance of the finance firm, it is the best time to invest in the Hero FinCorp unlisted shares and make some quick profit with the growing company. The benefit of investing in unlisted shares is getting a good return on investment (ROI). Furthermore, buying Hero FinCorp unlisted shares will also diversify the risks involved with the investments.

Detailed Financials Of Hero FinCorp Limited Unlisted Shares

All the financial details along with Hero FinCorp Ltd share price are listed here for better comparison and analysis – 

Particulars (In Cr)2016201720182019202020212022
Total Revenue771.381332.6916912492366340464441
% Revenue Growth158.6472.7726%47%46%10%10%
Profit/Loss Before Tax (PBT)124.76200.6221541348090-256
Profit/Loss After Tax (PAT)81.5130.4114526831071-194
% PAT Growth145.8560.0124.5784%16%-77%-373%
Earnings per share (EPS)12.1115.3815.6325.97275.78-15.24

As per the standalone quarterly results by Hero FinCorp Limited, the profit after the deduction of taxes increased by 36% to Rs. 245 crore, which was earlier Rs. 180 crore in the previous year. With the increasing profits, the net worth of the Indian non-banking financial company Hero FinCorp Limited’s revenue has increased by 52% to Rs. 7,269 crore, which was earlier Rs. 4,782 crore in the previous financial year.

The results also revealed that the basic earning per share of the company has risen to Rs. 14.42, previously Rs. 10.48 in the same period. Furthermore, the diluted earning per share was previously capped at Rs. 10.47 in the previous year and has increased to Rs. 11.21 in the same period.

Price Variation Of Hero FinCorp Limited Unlisted Shares

The Hero FinCorp Unlisted share price has changed nearly from Rs. 735 to Rs. 1040.0 per share in the last year. Factors like demand and supply are responsible for the changing prices of the shares. However, in the previous year, demand for Hero FinCorp unlisted shares has also decreased, due to which the Hero FinCorp unlisted share price continues to fall. Since the prices of the unlisted shares are down, it is the best time for retail investors to invest in the growing financial firm and get increased returns.

Current Hero FinCorp Ltd share price is Rs. 1040.0 per share, while the book valuation of the financial giant is 427 per share in the unlisted market. Moreover, the P/B of the non-banking financial company is 2.7x. The fantastic economic stats of Hero FinCorp Limited show good revenue growth making it a great choice to invest and earn.

Invest In The Hero FinCorp Unlisted Shares With Stockify

The current valuation of the Hero FinCorp unlisted shares holds a face value of ₹ 1040 per equity share. Moreover, the company’s total revenue in Q3 of FY23 has increased to Rs. 1562 crore, making it an ideal time to buy Hero FinCorp unlisted shares. For buying unlisted shares, visit Stockify – The best investment platform providing in-depth stats and affordable plans. Contact us today.

Frequently Asked Questions About Hero FinCorp Pre-IPO And Unlisted Shares

Q1 – Is investing in Hero FinCorp Pre-IPO a good decision?

Ans – Investing in the Hero FinCorp Pre-IPO shares is the best investment decision. However, before investing in the Hero FinCorp’s IPO, consult a genuine financial advisor like Stockify.

Q2 – What is the benefit of investing in Hero FinCorp unlisted shares?

Ans – Investing in the Hero FinCorp unlisted shares diversifies the risk, offers negotiable share prices, and ensures high returns on the investment.

Q3 – What was the turnover of Hero FinCorp Limited in FY22?

Ans – The turnover of Hero FinCorp Limited in FY22 was 4797.66 crore.

Q4 – On what factors the future of Hero FinCorp unlisted shares depends?

Ans – The future of Hero FinCorp unlisted shares depends on numerous factors, including market trends, the company’s performance and revenue, market conditions, and regulatory policy changes.

Q5 – Which is the best platform for stock trading and guidance?

Ans – In the current financial market, Stockify remains one of the leading platforms for stock trading and advice. A team of unlisted share professionals is always available to guide you. Connect with us!

Table of Contents

Know the detailed breakdown of Hero FinCorp’s latest report and the benefits of investing in Hero FinCorp unlisted shares.

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Piyush Jhunjhunwala
Piyush Jhunjhunwala
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CEO & Founder
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Rahul Khatuwala
Rahul Khatuwala
Ex. Wipro & Finaco Founder
Co-Founder
Bangalore, India.