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  • 1

  • Project reportProject reportOnOn

    Hero HondaHero Honda

    Submitted to:- Submitted by:- Miss payal bassi Yoonaf ishtiaq

    Lect of Seminar BBA 2nd YEAR Roll no: - 17

    Desh Bhagat Institute OfDesh Bhagat Institute Of

    Management And ComputerManagement And Computer

    SciencesSciences

    2

  • Hero Honda's company profile

    The joint venture between India's Hero Group and Honda Motor Company, Japan has not only created the world's single largest two wheeler company but also one of the most successful joint ventures worldwide.

    During the 80s, Hero Honda became the first company in India to prove that it was possible to drive a vehicle without polluting the roads. The company introduced new generation motorcycles that set industry benchmarks for fuel thrift and low emission. A legendary 'Fill it - Shut it - Forget it' campaign captured the imagination of commuters across India, and Hero Honda sold millions of bikes purely on the commitment of increased mileage.

    Over 20 million Hero Honda two wheelers tread Indian roads today. These are almost as many as the number of people in Finland, Ireland and Sweden put together!

    Hero Honda has consistently grown at double digits since inception; and today, every second motorcycle sold in the country is a Hero Honda. Every 30 seconds, someone in India buys Hero Honda's top -selling motorcycle Splendor. This festive season, the company sold half a million two wheelers i n a single montha feat unparalleled in global automotive history.

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  • Hero Honda bikes currently roll out from its three globally benchmarked manufacturing facilities. Two of these are based at Dharuhera and Gurgaon in Haryana and the third state of the art manufacturing facility was inaugurated at Haridwar, Uttrakhand in April this year. These plants together are capable of producing out 4.4 million units per year.

    Hero Honda's extensive sales and service network now spans over 3000 customer touch points. These comprise a mix of dealerships, service and spare points, spare parts stockiest and authorized representatives of dealers located across different geographies.

    Hero Honda values its relationship with customers. Its unique CRM initiative - Hero Honda Passport Program, one of the largest programs of this kind in the world, has over 3 million members on its roster. The program has not only helped Hero Honda understand its customers and deliver value at different price points, but has also created a loyal community of brand ambassadors.

    Having reached an unassailable pole position in the Indian two wheeler market, Hero Honda is constantly working towards consolidating its position in the market place. The company believes that changing demographic profile of India, increasing urbanization and the empowerment of rural India will add millions of new families to the economic

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  • mainstream. This would provide the growth ballast that would sustain Hero Honda in the years to come. As Brijmohan Lall Munjal, the Chairman, Hero Honda Motors succinctly points out, "We pioneered India's motorcycle industry, and it's our responsibility now to take the industry to the next level. We'll do all it takes to reach there.''

    HERO HONDA. 'S MISSION

    Hero Hondas mission is to strive for synergy between technology, systems and human resources, to produce products and services that meet the quality, performance and price aspirations of its customers. At the same time maintain the highest standards of ethics and social responsibilities

    This mission is what drives Hero Honda to new heights in excellence and helps the organization forge a unique and mutually beneficial relationship with all its stake holders.

    HERO HONDA'S MANDATE

    Hero Honda is a world leader because of its excellent manpower, proven management, extensive dealer network, efficient supply chain and world-class products with cutting edge technology from Honda Motor Company, Japan. The teamwork and commitment are manifested in the highest

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  • level of customer satisfaction, and this goes a long way towards reinforcing its leadership status.

    FROM THE CHAIRMAN'S DESK

    LEADING WITH A DREAM

    We had a dream. The dream of making motorcycles that would touch and transform the lives of our customers by giving them a mode of transport that was fuel-efficient, comfortable and environment friendly. One that would enhance their efficiency at work, enable them to share moments of joy with their families and add up to a better quality of life.

    In a scenario where the customer had a few choices, our vision was to offer the highest quality at a reasonable price, to meet our customers expectations, and to exceed them.

    Behind the success of Hero Honda, is the saga of team-work. We would like to acknowledge the role played by our JV partners, Honda Motor Company, Japan, and all our business associates, shareholders and employees

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  • PROMINENT AWARDS AND ACCOLADES TO THE CHAIRMAN

    Reality by The Institute of Company Secretaries of India

    2006 'Lifetime Achievement Award' for Translating Excellence in Corporate Governance into PROMINENT AWARDS AND ACCOLADES TO THE CHAIRMAN

    2005 Indian Automotive Hall of Pride by OverdriveCNBC TV18 Commendation of Business Leadership displaying extraordinary Corporate Leadership and Entrepreneurial SpiritPadma Bhushan by Government of IndiaDoctor of Letters (Honoris Causa) by Hemwati Nandan Bahuguna Garhwal University, Srinagar GarhwalLifetime Achievement Award by ET Awards for Corporate Excellence

    2004 Life Time Achievement Award for Management by All India Management AssociationD. Litt. (Honoris Causa) by Banaras Hindu UniversityLifetime Achievement Award by Amity Business SchoolLifetime Achievement Award by HT Power Jobs

    2002 Entrepreneur of the Year Award by Business StandardGiants International Award to the Chairman in the field of Business & IndustryBusiness Leadership Award by Madras Management Association

    2001 Entrepreneur of the Year Award by Ernst & Young

    2000 Sir Jehangir Ghandy Medal for Industrial Peace - by XLRI, Jamshedpur

    1998 Business Leader of the Year by Business Baron

    1997 Distinguished Entrepreneurship Award by PHD Chambers of Commerce & Industry

    1995 National Award for outstanding contribution to the Development of Indian Small Scale Industry (NSIC Award - Presented by President of India)

    1994 Businessman of the Year by Business India Group of Publications

    1992 Honorary Membership - Indian Institution of Industrial Engineering Award

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    Year Awards and Accolades

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  • ABOUT THE CHAIRMAN

    Brijmohan Lall Munjal Seeding a Dream

    "Don't dream if you can't fulfill your dreams'' Brijmohan Lall Munjal is often fond of saying. The founder and patriarch of the $ 2.8 billion Hero Group is your classic first generation entrepreneur. He is a man who started small, dreamt big and used a combination of grit and perseverance to create one of the country's largest corporate groups and the World's No.1 Two Wheeler Company.Instinctive from a young age, Brijmohan Lall made a rather unusual start in life. Around the time when the freedom movement in India was taking shape in the late 1920s, he walked into a newly opened Gurukul (Indian heritage school) near his home in Kamalia (now in Pakistan). He was only six years old then. Thus began an extraordinary tale of courage and perseverance. Brijmohan began his business story after partition in 1947, when he and his brothers relocated to Ludhiana. The family set up a company that provided poor people with basic transport (cycles). Three decades later, as India evolved, he added a second crucial chapter - which visualized affordable and technologically superior transport to millions of middle class Indians. The rest is history.

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  • Building Relationships When Brijmohan and his brothers started out, there was no concept of organized dealer networks. Companies just produced, and most dealers functioned like traders. Brijmohan changed the rules of the business by trusting his gut instincts; introducing business norms that were ahead of their time, and by investing in strategic relationships.Brijmohan built a series of bonds and networks with hundreds of family members, vendors, dealers and employees. Much like the Japanese keiretsu system, these networks are now the glue that holds the Hero Group together.

    "Thanks to the relationships that we have nurtured so passionately in the Hero Family, the younger generations of some of our bicycle dealers have become dealers of Hero Honda. These relationships have survived through generations - through bad times and good times'' the patriarch now reminiscences.

    Besides bonding with his vendors and dealers, Brijmohan has been personally responsible for kindling a spirit of entrepreneurship amongst his employees, and today, 40 of his former employees are successful entrepreneurs.

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  • Staying Ahead

    Though not technically qualified in the conventional sense, few of his contemporaries have understood the dynamics of technology better than Brijmohan Lall has. He could always visualize the applicability of technology before others could. For example, in the 1980s, when all two-wheeler companies in India opted for two-stroke engine technology, Brijmohan preferred a four-stoke engine - a technology that dramatically increased fuel efficiency and reduced maintenance costs. This technology was one of the biggest reasons for Hero Honda's stupendous success.Time and again, Brijmohan managed to steal a march over his industry peers. For example, when Honda Motors of Japan was looking for a collaborator in the 1980s, the Hero Group was not high up the pecking order initially as there were other more eligible and established suitors.Yet it didn't take long for the astute Japanese to realize that the Hero Group and Honda had much more in common than earlier perceived; there a sharp focus on financial and raw material management, and employee turnover was low. Honda officials were also amazed to find that the Munjals were already practicing "Just-in-time-inventory" at the time (JIT). It turned out that Brijmohan Lall's aspiration to provide

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  • cheap transportation to India's poor by default ensured lean and cost-effective operations. This in turn increased vendor efficiency and led to near-zero inventories.

    BOARD OF DIRECTORS

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  • No. Name of the Directors Designation 1 Mr. Brijmohan Lall Munjal Chairman & Whole-time

    Director2 Mr. Pawan Munjal Managing Director &

    CEO3 Mr. Toshiaki Nakagawa Joint Managing Director4 Mr. Sumihisa Fukuda Technical Director5 Mr. Om Prakash Munjal Non-executive Director6 Mr. Sunil Kant Munjal Non-executive Director7 Mr. Masahiro Takedagawa Non-executive Director8 Mr. Satoshi Matsuzawa

    (Alternate Director to Mr. Takashi Nagai)

    Non-executive Director

    9 Mr. Pradeep Dinodia Non-executive & Independent Director

    10 Gen.(Retd.) Ved Prakash Malik

    Non-executive & Independent Director

    11 Mr. Analjit Singh Non-executive & Independent Director

    12 Dr. Pritam Singh Non-executive & Independent Director

    13 Ms. Shobhana Bhartia Non-executive & Independent Director

    14 Mr. Sunil Bharti Mittal Non-executive & Independent Director

    15. Mr. Meleveetil Damodaran

    Non-executive & Independent Director

    BRIEF PROFILE OF DIRECTORS

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  • MR. BRIJMOHAN LALL MUNJAL Mr. Brijmohan Lall Munjal is the founder Director and Chairman of the Company and the $ 2.8 billion Hero Group. He is the Past President of Confederation of Indian Industry (CII), Society of Indian Automobile Manufacturers (SIAM) and was a Member of the Board of the Country's Central Bank (Reserve Bank of India ). In recognition of his contribution to industry, Mr. Lall was conferred the Padma Bhushan Award by the Union Government.Mr. Brijmohan Lall Munjal is currently on the board of thefollowing companies: No.

    Name of Company Nature of Office

    1 Hero Honda Motors Limited Chairman and Whole-time Director

    2 Hero Cycles Limited Chairman and Director 3 Hero Honda Finlease Limited Chairman and Director 4 Munjal Showa Limited Chairman and Director 5 Sunbeam Auto Limited Chairman and Director 6 Easy Bill Limited Director 7 Hero Financial Services

    Limited Director

    8 Munjal Auto Industries Limited

    Director

    9 Shivam Autotech Limited Director 10 Daimler Hero Commercial

    Vehicles Limited Director

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  • MR. PAWAN MUNJAL Mr. Pawan Munjal is the Managing Director and CEO of the Company. He is responsible for growth and strategic planning for the entire Group. A graduate in mechanical engineering, Mr. Munjal has been instrumental in bringing about technological and managerial excellence in the Company's operations. He has been the Chairman of several Committees of CII.

    He is also on the board of Indian Institute of Management, Lucknow . An avid golfer, Mr. Munjal is Past Chairman of the Asian PGA Tour Board of Directors and the Past President of Professional Golfers Association of India (PGAI). Under his guidance, Hero Honda launched the Hero Indian Sports Academy (HISA) in collaboration with Laureus Foundation to provide equal opportunities in sports to various communities and to reward talent in the country.

    Mr. Pawan Munjal is currently on the Board of the following companies:

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  • No.

    Name of Company Nature of Office

    1 Hero Honda Motors Limited Managing Director

    2 Hero Honda Finlease Limited Director3 Daimler Hero Commercial Vehicles

    LimitedDirector

    SALES PERFORMANCE

    July'0

    5 July'0

    6 FY 05-

    06 FY 06-

    07

    Total Sales 23005

    023531

    4917617 1068006

    Exports (incl in above)

    6900 10575 36441 39970

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  • HERO HONDA REGISTERS 23% GROWTH IN JUNE '06 Records a growth of 21% Sales in Q1 Of 2006-07

    New Delhi, July 01, 2006: Hero Honda, the 'World No.1' two-wheeler company, continues to strengthen its leadership in the Indian two-wheeler industry, registering impressive growth in sales in the first quarter of the FY

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    Hero Honda Registers 23% Growth in June'06

    Hero Honda Sells Over 2.50 Lakh Units in February 2006

    Hero Honda Begins 2006 On A High Note

    Hero Honda Motors Scales A New High In Cy 05

    Hero Honda Continues On The Growth Path

    Retail Sales Escalate To An Unprecedented 4 Lakh + Units In October05

    Hero Honda Registers 22.3 Per Cent Growth In September 05

    Hero Hondas Sales Jump 28.5 Per Cent In August 2005

    Hero Honda Registers 12 Per Cent Growth In Sales In July 2005

    Hero Honda Registers 13% Growth In Sales In Q1 Of 2005-06

    Hero Honda Motorcycle Sales In May At 2,26,072

    Hero Honda Starts The Financial Year With Over 20% Growth

  • 2006 - 07.

    For the quarter ending June 2006, the company achieved cumulative sales of 8,32,692 units, recording a growth of 21.29% compared to the same period last year. During the corresponding period last Financial Year, the company had recorded sales of 6,86,494 units in the first quarter ending June 2005.

    In June 2006, the company sold 2,78,660 units registering an impressive growth of 23.26% as against 2,26,073 units in June last year.

    During the month, Hero Honda launched Glamour FI - India's first Fuel Injection motorcycle. The new technology eliminates the need for a carburetor, offers the most comfortable drive and the lowest emissions, in addition to a host of other features, which is now available for the first time to Indian two-wheeler riders.

    Hero Honda Sells Over 2.50 Lakh Units In February 2006

    CUMULATIVE SALES JUMP 14.16 %

    New Delhi, March 1, 2006: Hero Honda, the World No. 1

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  • two-wheeler company for the fifth year in a row, has continued to exhibit a leaders performance in the first couple of months in 2006.During the month of February 2006, the company sold 2,50,695 units, as compared to 2,23,546 motorcycles sold during February 2005. This translates into a growth of 12.14 per cent in sales volume.The cumulative sales of the company for the period April 2005 - February 2006 also witnessed a notable jump of 3,38,632 units, from 23,89,807 to 27,28,439 units during the corresponding period last year. This reflects a growth of 14.16 percent. In January 2006, Hero Honda rolled out its first 100cc gearless scooter the Pleasure across India. The company also launched 22 first ever women-exclusive scooter showrooms Just4her across the country. Just4her is a unique concept pioneered by Hero Honda Motors targeting the women customers. In January 2006, Hero Honda was also conferred the honor of the Bike Maker of the Year by NDTV Profit-Bike and Car for the year 2005. Additionally its 150 cc offering Achiever received the coveted Bike of the Year award. Achiever and Glamour also received the best bike awards for their respective categories. The most desirable amongst these awards, the NDTV Viewers Choice award in the bike category was also awarded to Hero Honda Glamour, truly

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  • exemplifying the customers enduring trust and faith in the company.

    Hero Honda Begins 2006 On A High Note CUMULATIVE SALES JUMP 14 %

    New Delhi, February 1, 2006: Hero Honda, the World No 1 two-wheeler company for the fifth consecutive year, has continued to exhibit a leaders performance in the first month of the New Year. During the month of January 2006, the company sold 2,49,450 motorcycles, as compared with 2,30,280 motorcycles sold during January 2005. This translates into an increase of 8.3 % in sales volume.The cumulative sales of the company for the period April 2005 - January 2006 has also increased to 24,77,744 motorcycles, a notable jump from 21,66,261 motorcycles during the corresponding period last year. This reflects a growth of 14.3 %. In the month of January, Hero Honda rolled out its first scooter, the 100cc Pleasure and launched 22 women-exclusive scooter showrooms Just4her across the country. The cities where Just4her showrooms were launched include Lucknow, Delhi, Ahmedabad, Pune (two showrooms), Bangalore, Hyderabad, Baroda, Madgaon, Chennai (two showrooms), Chandigarh, Ludhiana, Jaipur,

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  • Nagpur, Jamshedpur, Bhubaneswar, Guwahati, Coimbatore, Cochin, Indore and Raipur.The month of January also saw Hero Honda being conferred the honour of the Bike Maker of the Year by NDTV Profit-Bike and Car for the year 2005. Additionally its 150 cc offering Achiever received the coveted Bike of the Year award. Achiever and Glamour also received the best bike awards for their respective categories. The most desirable amongst these awards, the NDTV Viewers Choice award in the bike category was also awarded to Hero Honda Glamour, truly exemplifying the customers enduring trust and faith in the company.

    Hero Honda Motors Scales A New High In Cy 05CLOSES THE YEAR WITH SALES OF OVER 29 LAC BIKES

    New Delhi, January 2, 2006: Hero Honda, the World No. 1 two-wheeler company, set precedence in the industry by registering an unparalleled growth throughout the calendar year (CY) 2005. In the year that logged an impressive growth in the two-wheeler sector, Hero Honda continued to exceed expectations by selling a staggering 29,16,523 motorcycles during the calendar year 2005. This converts to a growth of 15.3 per cent over CY 04 where the company sold 25,28,699 bikes.

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  • Mr. Pawan Munjal, Managing Director, Hero Honda Motors Ltd., thanked customers for the companys continuous brilliant performance. He said This year has been exciting for us where we crossed significant milestones. We fulfilled our commitment to the customers by providing the latest and global standard products. We launched several new products this calendar year. It is to the complete credit of our customers who have shown continued faith in us and our products that we have achieved the World No. 1 two-wheeler company year after year."During CY 05, the company continued its consistent growth in sales performance. In December 2005, the company sold a total of 2,45,104 motorcycles as compared with 2,30,751 bikes during the same month last year which means an increase of 6.2 per cent. With this, the cumulative tally for the period April-December 2005 stands at 22,31,104 bikes, clocking a growth of 15.2 percent over the year 2004. The company sold 19,35,981 motorcycles during the same period last year. The calendar year 2005 also saw a slew of new launches in various segments by the company. One of the biggest milestones was the launch of Pleasure- the first scooter by Hero Honda. Pleasure which is slated to hit the roads in January is targeted primarily at women. Having established its leadership in the industry, Hero Honda further

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  • consolidated its position by launching three new motorcycles - Super Splendour, Glamour and Achiever.

    The year also witnessed one of the highest civilian honours, the Padma Bibhushan being awarded to Mr. Brijmohan Lall, Chairman, Hero Honda Motors, for his invaluable contribution to trade, industry and philanthropist activities. Mr. Brijmohan Lall is a first generation entrepreneur who through sheer hard work and perseverance has made his mark on the global business environment. During the year Mr. Brijmohan Lall was also honoured with a Lifetime Achievement Award by the Economic Times. Hero Honda Continues On The Growth Path

    CUMULATIVE SALES FOR THE PERIOD APR-NOV 05 GROWS BY OVER 14 PER CENT

    New Delhi, December 1st, 2005: Hero Honda, the World No. 1 two-wheeler company, is continuing to ride high on its steady sales performance month after month. During November 2005, the company recorded a sales volume of 2,51,186 motorcycles as compared with 2,35,836 motorcycles sold during the same month last year. This translates into an increase of 6.5 per cent.

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  • The cumulative sales of the company for the period April-November 2005 has also jumped by 14.7 per cent, increasing from 17,05,230 motorcycles sold during April November 2004 to 19,56,416 motorcycles sold during the same period in 2005.The month of November also witnessed the 5th Hero Honda Indian Television Academy Awards, the first and only television awards in the country. Retail Sales Escalate To An Unprecedented 4 Lakh + Units In October 05DESPATCH CROSSES THE 3-LAKH LANDMARKNew Delhi, October 31, 2005: Hero Honda, the World No.1 two wheeler manufacturer, has set yet another precedent for the Indian two-wheeler industry by recording incredible sales in October 2005. The companys retail sales crossed the 4-lakh milestone, for the first time ever in the Indian two-wheeler industry.Additionally, dispatch during the month also reached an unprecedented high of 3,02,000 units, marking a remarkable jump of 23.02% as compared with the corresponding month in 2004. The company had recorded dispatch of 2,45,475 units in October 2004.Hero Hondas achievement of the landmark 4 lakh plus retail sales and 3 lakh plus dispatch, within a single month,

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  • is an extraordinary feat considering the growing competition in the two-wheeler market and is certain to redefine industry standards.

    The companys sales performance during October 2005 is a testimony to the success of its customer centric business philosophy. Month over month, the company has been recording increasing sales, also signifying the success of its new models launched in the current year.The companys sales (dispatch) during the month is up by 13.5%, as compared with the previous month (September 2005), when the company had recorded sales of 2,66,071 units.With the first festive month ending, Hero Hondas cumulative sales (dispatch) for the period April-October 2005 has also registered a significant growth of 17.87% over the corresponding period in the previous year. The companys cumulative sales tally has thereby increased to 17,31,992 units, a jump from 14,69,394 units in 2004.With the recent launch of Achiever in end-October and the forthcoming launch of Pleasure in mid-November, the company is confident of continuing its upward movement on the sales chart.The companys festive promotion, which offers Rs.1001/- off on each of its models, has also met with huge success, across the country.

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  • Hero Honda Registers 22.3 Per Cent Growth In September 05 CLOSES HALF YEAR WITH IMPRESSIVE NUMBERS

    New Delhi, 1st October 2005: Hero Honda, the World No.1 two-wheeler company, for the fourth consecutive year, continued its upswing during the month of September 2005. The September sales of Hero Honda mark an impressive growth of 22.3 per cent over last year. The company sold 2,66,071 bikes in September 2005 as against 2,17,507 bikes in the corresponding month during the previous year. Sales during the month have also jumped by 9.6 per cent over the previous month (August 2005), when the company sold 2,46,304 motorcycles.The cumulative sales of the company for the period April - September 2005 have also shown a growth of 16.84 per cent over the corresponding period last year. The cumulative sales during the period have increased to 14,29,992 motorcycles from 12,23,919 motorcycles during April-September 2004. Hero Honda's Sales Jump 28.5 Per Cent In August 2005

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  • PHASED LAUNCH OF 'GLAMOUR' COMPLETED; OVER 45,000 UNITS SOLD ALREADYNew Delhi, September 01, 2005: Hero Honda Motors Ltd., the World No.1 two-wheeler company for the fourth consecutive year, is continuing with its robust performance month after month. The companys emphasis on proactive understanding and satisfaction of customer needs and desires along with new product offerings has resulted in the company consolidating its leadership in the industry. The company sold a total of 2,46,304 motorcycles during August 2005, thereby registering an impressive growth of 28.5 per cent in sales over the corresponding month last year. The company had sold a total of 1,91,635 motorcycles in August 2004.At the end of August 2005, the cumulative sales of the company for the period April - August 2005 stood at 11,63,921 motorcycles, translating into a growth of 15.6 per cent. The company had sold 10,06,412 motorcycles during the corresponding period (April-August 2004) last year.Also during the month, Hero Honda completed the phased launch of Glamour- its new offering in the 125 cc segment. The bike comes powered with the futuristic and exemplary Quantum Core engine, which has been perfected after a series of refinements and offers customers an unprecedented combination of top-class fuel-efficiency and high power. The company has already sold over 45,000

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  • units of Glamour since its first launch in South India towards the end of June, demonstrating a tremendous response from customers.

    Hero Honda Registers 12 Per Cent Growth In Sales In July 2005CUMULATIVE SALES CROSS NINE LAKH BIKES IN FOUR MONTHSNew Delhi, August 01, 2005: Hero Honda Motors Ltd., the World No.1 two-wheeler company has come to epitomize consistent performance. The company has, month on month, managed to stand up against all odds and maintained its leadership in the increasingly competitive 2-wheeler segment.During the month of July 2005, the company sold 2,30,050 bikes, as against 2,05,654 bikes in the corresponding period last year, thus registering a sales growth of 12 per cent. For the period April - July 2005, the cumulative sale of the company stood at 9,17,617 units, translating into a growth of 12.6% per cent. The company had sold 8,14,777 units during the corresponding period last year.

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  • The company was able to achieve this impressive growth in the face of continuing supply constraints of components caused by the volatile labour situation prevailing in parts of the state of Haryana, where both the manufacturing plants of the company are located. The adverse situation impacted other industries in the region as well. Thanks to the initiative taken by the Haryana government, the situation has improved and production is expected to be back on track.

    Market demand for Hero Honda products remains buoyant and the company launched Glamour- a new entry by the company in the premium deluxe segment, in Western India during this month. The bike was very successfully launched in South India in the previous month and has been very well received by the customers in that region. With this new product in its portfolio, the company is now looking at consolidating its indisputable leadership in the market. Hero Honda Registers 13% Growth In Sales In Q1 Of 2005-06New Delhi, July 01, 2005: Hero Honda, the World No.1 two-wheeler company, continues to strengthen its leadership in the Indian two-wheeler industry, registering impressive growth in sales in the first quarter of 2005 06.For the quarter ending June 2005, the company achieved

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  • cumulative sales of 6,86,494 units, recording a growth of 13 per cent. During the corresponding period last Financial Year, the company had recorded sales of 6,09,123 units.In June 2005, the company sold 2,26,073 bikes registering a growth of 12.5% as against 2,00,922 units in June last year. This impressive growth was achieved in the face of continuing supply constraints of components caused by the volatile situation prevailing in parts of the state of Haryana, where both the manufacturing plants of the company are located. The adverse situation has impacted other industries in the region as well.

    However, market demand for Hero Honda products remains buoyant and production is expected to be back on track to meet this demand. With the steady progress of monsoon, the outcome also remains positive. Hero Honda Motorcycle Sales In May At 2,26,072New Delhi, June 1, 2005: Hero Honda, the World No. 1 two-wheeler company, sold 2,26,072 units in May 2005.The impressive figure was achieved despite some supply constraints. With the huge demand for Hero Honda bikes in the market and supplies now back to normal, sales are set to get a boost in June. During the month of May, Hero Honda also announced auditions for Hero Honda MTV Roadies- 3, a reality show that the company has been associated with for the last two

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  • years. This year the Hero Honda MTV Roadies journey will begin on June 12th from Jaisalmer to Leh with 13 bikers on Hero Honda Karizma, the only premium sports bike in India. The show aims at testing the participants endurance and bringing out the real riders in them.

    Hero Honda Starts The Financial Year With Over 20% GrowthNew Delhi, May 2, 2005: Hero Honda, the World No. 1 two-wheeler company, has started the year with a bang. The company sold impressive peak capacity 2,35,422 motorcycles during April 2005, a jump of 20.09% per cent as compared with the corresponding period in the previous FY. The company had sold 1,96,024 motorcycles in April 2004.The month also saw the launch of CD Deluxe, the stylish, true value, 100cc motorcycle from Hero Honda, encompassing the legendary Hero Honda values of fuel-efficiency, economy and rock-solid dependability. The new model comes with a unique suspension, which smoothens and absorbs bumps on rough roads. Also, its double tubular-cradle frame imparts extra stability to the motorcycle.CD Deluxe is available at an ex-showroom price of

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  • Rs.33,900/- across India, in five attractive colours - Candy Blazing Red, Black (2 stripes), Candy Tahitian Blue, Cloud Silver, Amaranth Maroon and Cool Mint Green. The new model is a part of the companys efforts to offer enhanced value-for-money to its customers.

    PRINT ADs New Launches:

    Glamour Just4her Glamour PGMFI

    CD Deluxe CBZ X-Treme Achiever

    Next Generationof Motorcycling

    Pleasure Splendar NXG

    Hunk

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  • Campaigns:

    We got a Good thing Going!

    A Lot less Stops One Litre Road It's the Honda Stretch That Litre. Save Petrol

    Chartered Accountant Over-Time Best Seller

    Economical Honours Others:

    World's No.1! Friends For Life Nawab of Najafgarh

    Designed to Excel Awaaz Consumer Awards '06

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    Quick Links

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  • STOCK HISTORY Details of issue of Equity Shares since beginning

    37

  • Date of Approval

    Date ofIssue

    Particulars of Issue No. of Shares

    19.01.84 Subscription shares 15009.08.1984

    19.03.85 Public Issue 11999985

    09.08.1984

    29.04.87 Issue of Rights Shares in the ratio of 15:50

    3975000

    09.08.1984

    07.02.1995

    Issue of Bonus Shares in the ratio of 1:4

    3993750

    09.08.1984

    28.09.1998

    Issue of Bonus Shares in the ratio of 1:1

    19968750

    09.08.1984

    26.03.2001

    Sub-division of Equity Shares of Rs. 10 each Into 5 Equity Shares of Rs. 2 each

    199687500*

    * Equity Shares of Rs. 2 each.

    LISTING INFORMATION Hero Honda Motors Ltd. is actively traded on the bourses and is included in the computation of the BSE Sensex, BSE-100, BSE-200, BSE-500, S&P CNX Nifty and S&P CNX 500. The scrip is traded on the nationwide network of terminals of the following Stock Exchanges:

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  • The Stock Exchange, MumbaiPhiroze Jeejeebhoy Towers , Dalal Street, Mumbai - 400 001Telephone: 022-2272 1233/34Facsimile: 022-2272 1552e-mail: [email protected]: www.bseindia.comBSE Code: 500182

    National Stock Exchange of India LimitedExchange Plaza ,Plot No. C/1, G Block, Bandra-Kurla Complex,Bandra (East), Mumbai - 400 051Telephone: 022-2659 8100-114, 5641 8100 - 108Facsimile: 022-2659 8120e-mail: [email protected] Website: www.nseindia.comNSE Code: HEROHONDA

    The Company has paid the annual listing fee to the Stock Exchanges for the financial year 2005-06 in stipulated time.

    HEROHONDA BIKE MODELSModel: Achiver ES Model: Achiver Kick

    Start Model: CBZ Xtreme ES

    Model: CBZ Xtreme Kick Start

    Model: CD Dawn Model: CD Deluxe

    Model: Glamour Electric Start

    Model: Glamour FI ES Model: Glamour FI Kick Start

    Model: Glamour Kick Start

    Model: Hunk ES Model: Hunk Kick Start

    39

  • Model: New Karizma Model: Passion Plus Model: Pleasure

    Model: Splendor NXG (Alloy)

    Model: Splendor NXG (Spoke)

    Model: Splendor Plus

    Model: Super Splendor Model: Ambition Model: CBZ

    Model: CBZ* Kick Start Model: CBZ* Electric Start

    Model: CD 100 SS

    Model: Dawn Model: Karizma Model: Passion

    Model: Splendor Model: Street Dlx Model: Super Splendor KS

    40

  • HERO HONDA KARIZMA Jet Set Go...

    Hero Honda Karizma was the first real sports bike in India. The bike addresses to those who have a passion for speed and styling and head-turning looks. It has 17 ps power thrust and picks up 0-60 in 3.8 heart-stopping seconds. The bike is based on power and styling. Disc breaks and Mag wheels makes Karizma the safest jet on the road.

    Company Stroke Maximum Power DisplacementHero Honda Motors Ltd. 4-Stroke 16.8 bhp @ 7000 rpm 223 cc

    Striking Features

    Style Sporty position of the seat. It stands on its feet even at speeds reaching up to 130 kmph. Fuel Efficiency.

    Color Variants

    Pearl Composed Red Myth Gold Metallic Sparkling Silver Turquoise Blue Candy Blazing Red

    41

  • Black Moon Yellow

    Price Tag - Rs 79,000 Ex-Showroom in Delhi

    .

    (The prices are to the close approximation. Please check the latest prices and variant specifications with your dealer.)

    Technical Specifications

    Dimension & Weight Overall height 1160 mmOverall length 2125 mmOverall Width 755 mmWheelbase 1355 mmGround Clearance 150 mmKerb weight 150 kgFuel Tank Capacity 15 litresEngine Type OHC, Air CooledStroke (2/4) 4-strokeNo. of cylinders Single CylinderDisplacement 223ccElectrical 12 V, 7.0 AhTransmissionNo. of Gears 5 speedClutch Multi-plate wet typePerformanceMaximum Power 16.8bhp @ 7000rpmMax. Torque -

    42

  • Start Kick / ElectricSuspensionsFront Telescopic Hydraulic Shock Absorbers

    Rear Swing arm with 5 step adjustable type hydraulic shock absorberBrakesFront Disc Brakes, 276 mm diameterRear Internal Expanding Shoe, 130 mmTyresFront 2.75 x 18 - 42 PRear 100 / 90 x 18 - 56 P

    More 150 cc - 500 cc Bikes in IndiaBajaj Avenger Bajaj Pulsar Bajaj PulsarDTSiBullet Electra Bullet 350 Hero Honda Achiever

    Hero Honda Hunk Hero Honda CBZ X-treme Honda Unicorn

    Kinetic Comet Thunderbird TVS ApacheTVS Apache RTR FI 160 TVS Fiero FX Yamaha R15

    43

  • 44

  • Hero Honda-Hunk

    Hunk, the latest launch from Hero Honda, as the

    name indicates is a manly bike. Hunk is the fourth product in the

    150cc. Hunk is very sporty in looks and performance. The look of the

    bike is definitely a upright one having a brawny styling. The bike is

    available in the market in four colors black, blue, red and silver. The

    cover of air filter and battery are of black and silver colors and the tail

    extension has a dual black color painted on it. The engine is also not

    the typical black in color but it has got silver and gray colors on it. The

    front forks and gas filled rear have copper and gray colors. The bike

    has got a big tank and black alloy wheels.

    Available Models of Hunk Price Ex.Showroom(Mumbai) Model Engine Price

    Hero Honda Hunk 150 149.2 cc Rs. 59,749

    Hero Honda Hunk 150

    Price Rs.59,749Price Ex. Showroom (Mumbai)

    45

  • Specifications Colors Photos

    Dimensions and Weights

    Length 2080 (mm)Width 765 (mm)Height 1095 (mm)Wheelbase 1235 (mm)Seat Height -Ground Clearance 145 (mm)Fuel Tank Capacity 12.4 (L)Reserve Tank Capacity

    2.2 (L)

    Self Kerb weight 146 (kg)Kick Kerb weight 143 (kg) Performance

    Max Speed -Acceleration(0-200m)

    -

    Overtaking Acceleration for 200 m (at 40kmph)

    -

    Acceleration (0-60 kmph)

    -

    Mileage (in Indian Mode)

    -

    Body and Tyre

    46

  • Frame -Front Suspension Telescopic

    Hydraulic Rear Suspension Swing Arm Front Tyre 2.75 X 18 42P Rear Tyre 100/90 X 18 - 56P

    (W Front Brake Drum -Front Brake Disc 240 (mm)Rear Brake Drum 130 (mm)Rear Brake Disc - Engine and Transmission

    Engine Type Air Cooled, 4 - Stroke Single Cylinder O

    Engine response -Displacement 149.2 cc (cc)Net Power 14.4Ps@8500rpm Torque 12.8Nm@6500rpm Air Filter -Carburetor CV ACG Power Generating Capacity

    -

    Oil Capacity -Transmission -Gear Shift Pattern - Electricals

    Ignition -Battery In Kick Start

    12V -7 Ah

    47

  • Battery In Self Start

    -

    Headlamp 12V - 35 / 35 W Tail / Stop lamp 12 V - 5W, 12V -

    21W

    Front Right View Back View Metre

    Another Colour View

    48

  • Hero Honda-Achiever

    Its new Power Pro 149.1cc 4 stroke air-cooled

    engine produces power of 13.4 bhp (10 kW).

    Its petrol tank comes with excellent body graphics. Its masculine and

    robust structure is really eye-catching to many bikers.

    Riding here becomes safer due to the presence of multi-reflector

    headlight with halogen lamp and a position lamp, multi-reflector tail

    light and winkers, protective visor etc.

    Available Models of Achiever Price Ex. Showroom(Mumbai) Model Engine Price

    Hero Honda Achiever 150 149.1 Rs. 53,200

    Hero Honda Achiever 150Price Rs.53,200Price Ex. Showroom (Mumbai)

    Specifications Colors Photos

    Dimensions and Weights

    Length -Width -Height -Wheelbase 1290 (mm)Seat Height -

    49

  • Ground Clearance

    -

    Fuel Tank Capacity

    12 (L)

    Reserve Tank Capacity

    -

    Self Kerb weight -Kick Kerb weight 134 (kg) Performance

    Max Speed 101 (kmph)Acceleration(0-200m)

    -

    Overtaking Acceleration for 200 m (at 40kmph)

    -

    Acceleration (0-60 kmph)

    5 (Sec)

    Mileage (in Indian Mode)

    -

    Body and Tyre

    Frame Diamond Cradle Front SuspensionTelescopic

    hydraulic Rear Suspension Swing Arm Front Tyre 2.75 X 18 - 42 P /

    4 Rear Tyre 3.00 X 18 - 52 P /

    6 Front Brake Drum

    -

    Front Brake Disc 240 (mm)

    50

  • Rear Brake Drum 130 (mm)Rear Brake Disc - Engine and Transmission

    Engine Type 4 Stroke, Air Cooled

    Engine response -Displacement 149.1 (cc)Net Power 13.4bhp@6500rpm Torque 12.8nm@5000rpm Air Filter -Carburettor -ACG Power Generating Capacity

    -

    Oil Capacity -Transmission 5-Speed Gear Shift Pattern

    -

    Electricals

    Ignition -Battery In Kick Start

    -

    Battery In Self Start

    12V - 2.5 Ah

    Headlamp 35/35 W Halogen Tail / Stop lamp -

    Herohonda-Glamour

    51

  • Hero Honda Glamour is equipped with all the

    required market friendly features. Two models of this bike are based

    on all the technological advances. It is the bike for every kind of

    customers and with different choices. This bike comes with all the

    facilities that all finicky bike lovers really look for in his best

    possession

    Available Models of Glamour Price Ex.Showroom(Mumbai) Model Engine Price

    Herohonda Glamour Fi 124.8 Rs. 53,000

    Herohonda Glamour FiPrice Rs.53,000Price Ex. Showroom (Mumbai)

    Specifications Colors Photos

    Dimensions and Weights

    Length 2005 (mm)Width 735 (mm)Height 1070 (mm)Wheelbase 1265 (mm)Seat Height -Ground Clearance 150 (mm)Fuel Tank Capacity 12 (L)Reserve Tank Capacity

    1.5 (L)

    Self Kerb weight 129 (kg)Kick Kerb weight 125 (kg)

    52

  • Performance

    Max Speed -Acceleration(0-200m)

    -

    Overtaking Acceleration for 200 m (at 40kmph)

    -

    Acceleration (0-60 kmph)

    -

    Mileage (in Indian Mode)

    -

    Body and Tyre

    Frame -Front Suspension Telescopic

    Hydraulic Rear Suspension Swing Arm Front Tyre 2.75 x 18 - 42 P Rear Tyre 3.0" x 18 - 52 P Front Brake Drum 240 (mm)Front Brake Disc -Rear Brake Drum 130 (mm)Rear Brake Disc - Engine and Transmission

    Engine Type Air-Cooled, 4-stroke OHC

    Engine response -Displacement 124.8 (cc)Net Power 9.0bhp@7000rpm Torque 10.3Nm@4000rpm

    53

  • Air Filter -Carburettor -ACG Power Generating Capacity

    -

    Oil Capacity -Transmission 4-Speed Gear Shift Pattern - Electricals

    Ignition -Battery In Kick Start

    -

    Battery In Self Start

    -

    Headlamp 35W / 35W - Halogen

    Tail / Stop lamp -

    54

    Hero Honda KarizmaStriking FeaturesColor VariantsPrice Tag - Rs 79,000 Ex-Showroom in DelhiTechnical Specifications