What we do Hero Motors Ltd designs and manufactures integrated powertrain systems and metallic components for automotive and electric vehicles, serving both traditional and emerging mobility sectors. |
Founded in 1,998 |
Market share Strong presence in Indian automotive powertrain and alloy sectors, expanding internationally through ASEAN manufacturing. |
Problem solved Provides efficient, high-quality transmission and electric motor solutions enabling cleaner, smarter vehicle propulsion systems. |
Top clients or who we serve Automotive manufacturers, electric vehicle companies, and OEMs in mobility sectors; B2B focus. |
Key management - |
Our journey and innovations Founded in 1998, expanded from sheet metal work to CVT technology with Enviolo and partnered with Yamaha for EV motors. Established Thai manufacturing and acquired STPL for e-bike components. |
Where we operate India, Thailand, and ASEAN region with a growing global footprint. |
Top products or what we offer Powertrain systems including CVT transmissions, electric motors, alloy & metallic components, and electric drive units for micro-mobility. |
Top brands Key products include CVT systems in partnership with Enviolo, Yamaha EV motors, and high-end alloy components via STPL acquisition. |
Raw materials needed Steel, alloys, and metals for components; electronic parts for EV motors. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mix includes both recurring powertrain contracts and cyclical alloy component sales. |
Our industry position Leading integrated powertrain supplier in India, expanding ASEAN presence and innovating in electric vehicle segments. |
Financial highlights FY 2025 revenue Rs 1188 crore; net profit Rs 43.57 crore; strong segmental profits from powertrain and alloys. |
Geographical revenue split Mainly India; manufacturing expansion in Thailand targeting ASEAN markets. |
Order book - |
Whats driving growth Demand for EV powertrains, strategic tech partnerships, expansion in ASEAN, and focus on micro-mobility components. |
Our future plans IPO for Rs 900 crore to fund greenfield projects, R&D in EV and transmission tech, and capacity expansion in ASEAN. |
Our green promise Developing electric mobility solutions and efficient transmissions contributing to sustainability goals. |
Our people and values Committed workforce driving innovation and quality in automotive technologies, focused on growth and sustainability. |
Key challenges ahead Managing global supply chains, technology integration, and competition while scaling international operations. |
Interesting facts Pioneer in CVT technology adoption in India with US tech partner Enviolo; JV with Yamaha for electric motor manufacturing. |
Risks and strategy Mitigating supply chain risks via ASEAN expansion; leveraging technology partnerships to maintain competitive edge. |
