Hero MotoCorp Management
Management criteria checks 2/4
Hero MotoCorp's CEO is Vikram Kasbekar, appointed in May 2025, has a tenure of less than a year. total yearly compensation is ₹140.80M, comprised of 25.8% salary and 74.2% bonuses, including company stock and options. directly owns 0.015% of the company’s shares, worth ₹181.96M. The average tenure of the management team and the board of directors is 1.2 years and 6.5 years respectively.
Key information
Vikram Kasbekar
Chief executive officer
₹140.8m
Total compensation
| CEO salary percentage | 25.78% |
| CEO tenure | less than a year |
| CEO ownership | 0.01% |
| Management average tenure | 1.2yrs |
| Board average tenure | 6.5yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2025 | n/a | n/a | ₹53b |
| Jun 30 2025 | n/a | n/a | ₹50b |
| Mar 31 2025 | ₹141m | ₹36m | ₹44b |
| Dec 31 2024 | n/a | n/a | ₹42b |
| Sep 30 2024 | n/a | n/a | ₹41b |
| Jun 30 2024 | n/a | n/a | ₹41b |
| Mar 31 2024 | ₹121m | ₹33m | ₹37b |
| Dec 31 2023 | n/a | n/a | ₹36b |
| Sep 30 2023 | n/a | n/a | ₹32b |
| Jun 30 2023 | n/a | n/a | ₹29b |
| Mar 31 2023 | ₹81m | ₹25m | ₹28b |
| Dec 31 2022 | n/a | n/a | ₹26b |
| Sep 30 2022 | n/a | n/a | ₹26b |
| Jun 30 2022 | n/a | n/a | ₹27b |
| Mar 31 2022 | ₹81m | ₹25m | ₹23b |
| Dec 31 2021 | n/a | n/a | ₹26b |
| Sep 30 2021 | n/a | n/a | ₹29b |
| Jun 30 2021 | n/a | n/a | ₹31b |
| Mar 31 2021 | ₹65m | ₹23m | ₹29b |
| Dec 31 2020 | n/a | n/a | ₹26b |
| Sep 30 2020 | n/a | n/a | ₹25b |
| Jun 30 2020 | n/a | n/a | ₹24b |
| Mar 31 2020 | ₹67m | ₹23m | ₹36b |
| Dec 31 2019 | n/a | n/a | ₹38b |
| Sep 30 2019 | n/a | n/a | ₹37b |
| Jun 30 2019 | n/a | n/a | ₹38b |
| Mar 31 2019 | ₹62m | ₹21m | ₹34b |
Compensation vs Market: Vikram's total compensation ($USD1.58M) is above average for companies of similar size in the Indian market ($USD1.15M).
Compensation vs Earnings: Vikram's compensation has been consistent with company performance over the past year.
CEO
Vikram Kasbekar (71 yo)
Mr. Vikram Sitaram Kasbekar, B.Tech. (Mech.), IIT, is Executive Director of Hero MotoCorp Limited and its Acting Chief Executive Officer since May 1, 2025 also served as its Interim Head of Global Product...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 39.6yrs | ₹1.09b | 0.15% ₹ 1.9b | |
| Acting CEO | less than a year | ₹140.80m | 0.015% ₹ 182.0m | |
| Chief Financial Officer | 1.7yrs | ₹77.50m | no data | |
| Vice President of Corporate Finance | no data | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| General Counsel | 1.3yrs | no data | no data | |
| Head of Corporate Communications | less than a year | no data | no data | |
| Chief Human Resources Officer | less than a year | no data | no data | |
| Executive Vice President of Global Business | 1.2yrs | no data | no data | |
| National Head of Service & CRM and Asst. VP | no data | no data | no data | |
| Deputy Head of Plant Operations | no data | no data | no data | |
| Head of Plant Operations | no data | no data | no data |
Experienced Management: 500182's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 39.6yrs | ₹1.09b | 0.15% ₹ 1.9b | |
| Acting CEO | 9.3yrs | ₹140.80m | 0.015% ₹ 182.0m | |
| Non-Executive Director | 24.7yrs | ₹19.70m | 0.000080% ₹ 988.2k | |
| Non-Executive Director | 15.3yrs | ₹4.80m | 0.052% ₹ 642.6m | |
| Independent Non-Executive Director | 6.1yrs | ₹14.70m | no data | |
| Non-Executive Independent Director | 4yrs | ₹6.70m | 0.018% ₹ 227.2m | |
| Non-Executive Independent Director | 4yrs | ₹5.60m | no data | |
| Non-Executive & Independent Director | 7yrs | ₹11.80m | no data | |
| Non-Executive Independent Director | 5.1yrs | ₹15.70m | no data | |
| Non-Independent Non-Executive Director | 4yrs | ₹7.20m | no data |
Experienced Board: 500182's board of directors are considered experienced (6.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/30 23:07 |
| End of Day Share Price | 2025/11/28 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2025/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Hero MotoCorp Limited is covered by 79 analysts. 35 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Amey Dargude | Ambit Capital |
| Nitin Bhasin | Ambit Capital |
| Ashwin Mehta | Ambit Capital |