Introduction to the Hero Honda

HERO HONDA OVERVIEW AS A WHOLE

Date of Establishment 1984

Revenue 2674.39 ( USD in Millions )

Market Cap 335425.078125 ( Rs. in Millions )

Corporate Address 34 Community Centre,Basant Lok Vasant Vihar, New Delhi-110057,

Delhiwww.herohonda.com

Management Details Chairperson- Brijmohan Lall Munjal

MD - Pawan Munjal

Directors

Analjit Singh, Anand C Burman, Arun Nath Maira, Brijmohan Lall Munjal,Ilam CKamboj, Masahiro Takedagawa, MeleveetilDamodaran, Om Prakash Munjal, Pawan Munjal,Pradeep Dinodia, Pritam Singh, Ravi Nath, SatoshiMatsuzawa, Shobhana Bhartia, Sumihisa Fukuda,Sunil Kant Munjal, Takashi Nagai, Toshiaki Nakagawa, V P Malik, Ved Prakash Malik

Business Operation Background

  Automobile Two & Three Wheelers Hero Honda Motors Limited is the World'ssinglelargest two-wheeler motorcycle company. HondaMotor Company of Japan and the Hero Groupentered a joint venture to setup Hero Honda MotorsLimited in 1984.The joint venture between India's Hero Group andHondaMotor Company, Japan has not only createdthe world's single largest two wheeler company butalso one of the most successful joint venturesworldwid

Financials Total Income- Rs. 126303 Million ( year endingMar 2009)

Net Profit - Rs. 12817.6 Million ( year endingMar 2009)

Company Secretary Bankers

Ilam C KambojABN Amro Bank, Bank of America, Bank of Tokyo Mitsubishi , Canara Bank , Citi Bank,HDFC Bank, HSBC Bank, ICICI Bank, Punjab National Bank, Standard Chartered Bank 

Auditors AF Ferguson & Co

Type Public company

Traded asBSE: 500182NSE: HEROHONDA

Industry Automotive

FoundedJanuary 19, 1984 in Gurgaon, Haryana, India

Headquarters New Delhi, India

Key people

Brijmohan Lal Munjal (chair and founder)

Toshiaki Nakagawa (joint managing director)Pawan Munjal (Managing Director & CEO)

Products Motorcycles, Scooters

Revenue U$ 2.8 billion[citation needed]

Website www.Herohonda.com

Introduction to the hero honda

Hero honda motors ltd (bse: 500182, nse: HEROHONDA) is a tow wheeler manufacture in India hero Honda is a joint venture between honda group of India and honda group of Japan The company is the largest two wheeler manufacturer in India The 2006 Forbes 200 Most Respected companies list has Hero Honda Motors ranked at 108

In 2010, it was reported that Honda planned to sell its stake in the venture to the Munjal family Hero” is the brand name used by the Munjal brothers for their flagship company Hero Cycles Ltd. A joint venture between the Hero Group and Honda Motor Company was established in 1984 as the Hero Honda Motors Limited At Dharuhera India. Munjal family and Honda group both own 26% stake in the Company. In 2010, it was reported that Honda planned to sell its stake in the venture to the Munjal family

During the 1980s, the company introduced motorcycles that were popular in India for their fuel economy and low cost. A popular advertising campaign based on the slogan 'Fill it - Shut it - Forget it' that emphasised the motorcycle's fuel efficiency helped the company grow at a double-digit pace since inception. The technology in the bikes of Hero Honda for almost 26 years (1984–2010) has come from the Japanese counterpart Honda

Hero Honda has three manufacturing facilities based at Dharuhera, Gurgaon in Haryana and at Haridwar in Uttarakhand. These plants together are capable of churning out 3 million bikes per year.[7] Hero Honda has a large sales and service network with over 3,000 dealerships and service points across India. Hero Honda has a customer loyalty program since 2000,called the Hero Honda Passport Program.

Company performance :-

During the fiscal year 2008-09, the company sold 3.7 million bikes, a growth of 12% over last year. In the same year, the company had a market share of 57% in the Indian market Hero Honda sells more two wheelers than the second, third and fourth placed two-wheeler companies put together.Hero Honda's bike Hero Honda Splendor, the world's largest-selling motorcycle for the years 2001-2003 selling more than one million units per year.

Industry details

Indian Two-Wheeler Industry: A Perspective

Automobile is one of the largest industries in global market. Being the leader in product and process technologies in the manufacturing sector, it has been recognised as one of the drivers of economic growth. During the last decade, well¬-directed efforts have been made to provide a new look to the automobile policy for realising the sector's full potential for the economy. Steps like abolition of licensing, removal of quantitative restrictions and initiatives to bring the policy framework in consonance with WTO requirements have set the industry in a progressive track. Removal of the restrictive environment has helped restructuring, and enabled industry to absorb new technologies, aligning itself with the global development and also to realise its potential in the country. The liberalisation policies have led to continuous increase in competition which has ultimately resulted in modernisation in line with the global standards as well as in substantial cut in prices. Aggressive marketing by the auto finance companies have also played a significant role in boosting automobile demand, especially from the population in the middle income group.

Evolution of Two-wheeler Industry in India

Two-wheeler segment is one of the most important components of the automobile sector that has undergone significant changes due to shift in policy environment. The two-wheeler industry has been in existence in the country since 1955. It consists of three segments viz. scooters, motorcycles and mopeds. According to the figures published by SIAM, the share of two-wheelers in automobile sector in terms of units sold was about 80 per cent during 2003-¬04. This high figure itself is suggestive of the importance of the sector. In the initial years, entry of firms, capacity expansion, choice of products including capacity mix and technology, all critical areas of functioning of an industry, were effectively controlled by the State machinery. The lapses in the system had invited fresh policy options that came into being in late sixties. Amongst these policies, Monopolies and Restrictive Trade Practices (MRTP) and Foreign Exchange Regulation Act (FERA) were aimed at regulating monopoly and foreign investment respectively. This controlling mechanism over the industry resulted in: (a) several firms operating below minimum scale of efficiency; (b) under-utilisation of capacity; and (c) usage of outdated technology. Recognition of the damaging effects of licensing and fettering policies led to initiation of reforms, which ultimately took a more prominent shape with the introduction of the New Economic Policy (NEP) in 1985.

However, the major set of reforms was launched in the year 1991 in response to the major macroeconomic crisis faced by the economy. The industrial policies shifted from a regime of regulation and tight control to a more liberalised and competitive era. Two major results of policy changes during these years in two-wheeler industry were that the, weaker players died out giving way to the new entrants and superior products and a sizeable increase in number of brands entered the market that compelled the firms to compete on the basis of product attributes. Finally, the two-¬wheeler industry in the country has been able to witness a proliferation of brands with introduction of new technology as well as increase in number of players. However, with various policy measures undertaken in order to increase the competition, though the

degree of concentration has been lessened over time, deregulation of the industry has not really resulted in higher level of competition.

A Growth Perspective

The composition of the two-wheeler industry has witnessed sea changes in the post-reform period. In 1991, the share of scooters was about 50 per cent of the total 2-wheeler demand in the Indian market. Motorcycle and moped had been experiencing almost equal level of shares in the total number of two-wheelers. In 2003-04, the share of motorcycles increased to 78 per cent of the total two-wheelers while the shares of scooters and mopeds declined to the level of 16 and 6 per cent respectively. A clear picture of the motorcycle segment's gaining importance during this period is exhibited by the Figures 1, 2 and 3 depicting total sales, share and annual growth during the period 1993-94 through 2003-04.

National Council of Applied Economic Research (NCAER) had forecast two-wheeler demand during the period 2002¬-03 through 2011-12. The forecasts had been made using econometric technique along with inputs obtained from a primary survey conducted at 14 prime cities in the country. Estimations were based on Panel Regression, which takes into account both time series and cross section variation in data. A panel data of 16 major states over a period of 5 years ending 1999 was used for the estimation of parameters. The models considered a large number of macro-economic, demographic and socio-economic variables to arrive at the best estimations for different two-wheeler segments. The projections have been made at all India and regional levels. Different scenarios have been presented based on different assumptions regarding the

demand drivers of the two-wheeler industry. The most likely scenario assumed annual growth rate of Gross Domestic Product (GDP) to be 5.5 per cent during 2002¬-03 and was anticipated to increase gradually to 6.5 per cent during 2011¬-12. The all-India and region-wise projected growth trends for the motorcycles and scooters are presented in Table 1. The demand for mopeds is not presented in this analysis due to its already shrinking status compared to' motorcycles and scooters.

It is important to remember that the above-mentioned forecast presents a long-term growth for a period of 10 years. The high growth rate in motorcycle segment at present will stabilise after a certain point beyond which a condition of equilibrium will set the growth path. Another important thing to keep in mind while interpreting these growth rates is that the forecast could consider the trend till 1999 and the model could not capture the recent developments that have taken place in last few years. However, this will not alter the regional distribution to a significant extent.

Table 1 suggests two important dimensions for the two-¬wheeler industry. The region-wise numbers of motorcycle and scooter suggest the future market for these segments. At the all India level, the demand for motorcycles will be almost 10 times of that of the scooters. The same in the western region will be almost 20 times. It is also evident from the table that motorcycle will find its major market in the western region of the country, which will account for more than 40 per cent of its total demand. The south and the north-central region will follow this. The demand for scooters will be the maximum in the northern region, which will account for more than 50 per cent of the demand for scooters in 2011-12.

Table 1: Demand Forecast for Motorcycles and Scooters for 2011-12

2-Wheeler Segment Regions

South West North-Central East & North-East All India

Motorcycle2835(12.9)

4327(16.8)

2624(12.5)

883(11.1)

10669(14.0)

Scooter203(2.6)

219(3.5)

602(2.8)

99(2.0)

1124(2.08)

Note: Compound Annual Rate of Growth during 2002-03 and 2011-12 is presented in parenthesisSource: Indian Automobile Industry: Optimism in the Air, Industry Insight, NCAER

The present economic situation of the country makes the scenario brighter for short-term demand. Real GDP growth was at a high level of 7.4 per cent during the first quarter of 2004. Both industry and the service sectors have shown high growth during this period at the rates of 8.0 and 9.5 per cent respectively.

However, poor rainfall last year will pull down the GDP growth to some extent. Taking into account all these factors along with other leading indicators including government spending, foreign investment, inflation and export growth, NCAER has projected an average growth of GDP at 6.7 per cent during the tenth five-year plan. Its mid-term forecast suggests an expected growth of 7.4 per cent in GDP during 2004-05 to 2008-09. Very recently, IMF has portrayed a sustained global recovery in World Economic Outlook. A significant shift has also been observed in Indian households from the lower income group to the middle income group in recent years. The finance companies are also more aggressive in their marketing compared to previous years. Combining all these factors, one may visualise a higher growth rate in two-wheeler demand than presented in Table 1, particularly for the motorcycle segment.

There is a large untapped market in semi-urban and rural areas of the country. Any strategic planning for the two¬-wheeler industry needs to identify these markets with the help of available statistical techniques. Potential markets can be identified as well as prioritised using these techniques with the help of secondary data on socio-economic parameters. For the two-wheeler industry, it is also important to identify the target groups for various categories of motorcycles and scooters. With the formal introduction of secondhand car market by the reputed car manufacturers and easy loan availability for new as well as used cars, the two-wheeler industry needs to upgrade its market information system to capture the new market and to maintain its already existing markets. Availability of easy credit for two-wheelers in rural and smaller urban areas also requires more focussed attention. It is also imperative to initiate measures to make the presence of Indian two-wheeler industry felt in the global market. Adequate incentives for promoting exports and setting up of institutional mechanism such as Automobile Export Promotion Council would be of great help for further surge in demand for the Indian two-wheeler industry.

Product details Hero Honda Achiever:-

The Hero Honda Achiever is a 149.00 cc, sports tourer bike manufactured in India by Hero Honda. With a power of 13.4 BHP at 8000 rpm, the bike can go up to 110 km/h(68.5 mph). The Achiever production started in 2006. The Achiever engine is the same 149.1 cc (bore x stroke==57.3 x 57.8 mm) Honda Unicorn engine with a minuscule difference in power. While at 8000 rpm the Unikorn claims 13.3 bhp (=9.9 kW), at the same (8000) rpm, Achiever claims 13.4 bhp (10 kW).Production of the bike started in early 2006 but had stopped in the same year itself. Now Hero Honda has recently restarted the production of the model, with some graphic variations & also sporting a black alloy wheel.

Hero Honda CBZ:-

Hero Honda CBZ, launched in early 1999 by Hero Honda Motors, with an original Honda 156.8 cc engine, it made 12.8 PS of power which was sufficient enough to propel it to 113 km/h. The styling of the bike was a scaled version of the famous Honda CB series. Sufficient mid-range torque ensured a 0–60 km/h (0-37 mph) in just 5 seconds.The over-square engine, that met Euro1, was fed by a Keihin slide type carburetor with accelerator pump for better pick-up. It makes use of a larger spring operated nozzle to provide a richer fuel air mixture into the engine for better acceleration. An air injection system injects fresh air into the exhaust port, to meet the emission norms.

CBZ Xtreme:-

CBZ Xtreme is a 150 cc motorcycle from Hero Honda Motors which is the successor of the Hero Honda CBZ. The bike was introduced in the year 2007. Except for a mild resemblance to the older CBZ's headlamp, the new model has little else in common. The bike provides an acceleration of 0–60 km/h in 5.6 seconds and goes to a top speed of 112 km/h (70 mph

Hero Honda Hunk:-

Hero Honda Hunk is a 150 cc motorcycle launched by Hero Honda Motors India Ltd in October 2007. It is offered in two variants, kick-start and self-start The Hunk has the 149 cc engine used in Honda Unicorn and Hero Honda CBZ Xtreme, with advance tumble-flow induction (ATFI) technology which the company claims will reduce emissions and fuel consumption. It has an overall fuel efficiency of 58 km/l. The Hunk is capable of doing 0–60 km/h in 5.8. The bike has a top speed of 112 km/h. The new upgraded Hunk comes with Ano-Digital speed panel, ridged muffler cover with front and rear disc brakes, tubeless tyres and contoured visor. After recent cosmetic changes, the bike still retains its single-cylinder, air-cooled 149.2 cc engine with an output of 14.4 PS and 12.8 Nm of torque.

The Hunk has won the following awards:-

NDTV Profit Car India & Bike India Awards - “Viewers’ Choice Award” in Bike category

Hero Honda Karizma::-

The Hero Honda Karizma is the flagship motorcycle of Hero Honda. It was launched in May 2003 Karizma has the tried and tested, but slightly detuned version of 223 cc SOHC air-cooled engine from the CRF230 series of enduro/MX/supermoto bikes that are sold in the USA and South American markets. It has a five-speed gearbox in place of the CRF's six-speed. The engine is an all aluminium, undersquare engine (bore 65.5 mm/2.58 in and stroke 66.2 mm/2.61 in) running a compression ratio of 9:1. It features a Kehlin CV carburettor with a CCVI switch. The top speed is around 130 km/h and the 0–60 km/h is achieved around 3.8 seconds. The Karizma is reported to have an overall fuel economy of 40 km/l (90 mpg or 2.4 l/100 km), with a best of 50 km/l (120 mpg) and a worst of 28 km/l (66 mpg)

Hero Honda Karizma ZMR :- Rs. 1,09,500

Hero Honda launched the much awaited tourer bike - Karizma ZMR in Indian Market in 2009 and it has been very well recieved by the Indian customers Gets Body coloured rear view mirrors- Features Blue back-lit instrument cluster Features New ZMR logo on the instrument cluster Gets Re-designed silencer and heat sheild Gets new "Vibrant Orange" shadeFeatures body coloured split grab rail Is powered by a 223cc fuel injected engine - Maximum power is 17.6 Bhp at 7000 rpm - Maximum torque is 18.35 Nm @ 6000 rpm Is now available in four shades, blue and yellow has been discontinued Company has not disclosed any information about the price of 2011 model but is expected to be in the region of 2010 model

Hero Honda Passion:-

Hero Honda Passion is a motorcycle manufactured in India by Hero Honda. It is one of the world's largest selling motorcycles, second only to Hero Honda Splendor. Passion debuted in the year 2001.Its graphics and colours were first refreshed in the year 2003 and it was rechristened Passion Plus. Its graphics were again updated in the year 2008 and now black alloy wheels are standard with an all black engine.The engine is a 97.2 cc air-cooled, 4-stroke single-cylinder which produces a maximum power of 5.50 KW (7.5 PS) at 8000 rpm and maximum torque of 7.5 N-m@5000 rpm. The chassis is a tubular double cradle type. Typical fuel efficiency is between 60 kilometres per litre (140 mpg-US) and 65 kilometres per litre (150 mpg-US).

Hero Honda Passion + Rs. 41,854

Passion Plus is a make from Hero Honda which keeps a beautiful look with its basic design as the sticker design keeps changing to live up to the changing trend. Hero Honda engineers have worked well on the design to lend a sizzling look from every angle. Passion comes in six variants of multicolor designs from which anyone can select as the most preferred one. Hero Honda rightly claims passion plus as the 'Whole new world of style'. The Hero

Honda Passion Plus is an improved version of the Passion. The Passion Plus is prepared with a four-stroke, air-cooled, single cylinder engine that produces a piston dislocation of 97.2cc with the maximum power of 7.5 PS @ 8000 rpm. It maintains a commendable speed of 85kph with the fair fuel economy.

Hero Honda Passion Pro:-

Hero Honda introduced new Passion pro in Indian market.Hero Honda's New Passion pro has no improvement in performance.They are using exactly the same old 97.2cc engine in the new version also.In the new hero Honda Passion pro they made lot of changes in appearance and design.The noticeable improvements of new Passion Pro include alloys, red colored springs for the shocks which gives a very attractive look to the bike like that in stunner.Other changes include chain case, leg guard, black paint job for rear hand rails, muffler etc.

Hero Honda Pleasure:- Rs. 37,450

Hero Honda launched a new special edition model of its popular two-wheeler Pleasure in the Indian market especially for the women riders. Hero Honda was celebrating the spirit of Women’s Day in India when it launched a dazzling while Pleasure with a dash of red here and there. The new model comes with equally exciting tag line – “Why Should boys have all the fun.” Most of the changes in the vehicle are cosmetic with two-third of the rear part going red apart from addition of a red muffler cover. There is a new elliptical meter console along with new graphics and a maintenance free battery. Hero Honda Pleasure. The new model is priced at Rs. 37,450 (ex-showroom, Delhi).

Hero Honda Splendor:-

The Hero Honda Splendor is a motorcycle manufactured in India by Hero Honda. It has an electronic ignition and a tubular double cradle type frame with a 97.2 cc engine. As of 2009, Splendor models were selling at a rate of one million per year.In 2004, Hero Honda launched the upgraded version of the Splendor, the Splendor+. This version features multi-reflector headlight, tail light and turn signal lights, and new graphics.In 2007, Hero Honda launched the Splendor plus with changes in body fairings and including alloy wheels and other improvements.In 2011, Hero Honda launched the Splendor Pro with changes in body fairings, self start features, side stand warning, alloy wheels, power head lamps and other improvements.

Hero Honda Splendor :- Price : 44,950

| Engine : 124.7 cc | Price : 44,950 | Gear Box: 4-speed | Maximum Power: 6.72 Kw (9 BHP) @ 7000 rpm |

Dimensions:(LxWxH) 1995 x 735 x 1095 mm | Ground Clearence: 150 mm

Hero Honda Splendor NXG:-

The Hero Honda Splendor Nxg Plus gives around 65-70 kmpl. It has got 11 litres of fuel tank capacity along with 1 litre of fuel reserve. Hero Honda Splendor NxgSuper can give around 63-68 kmpl of mileage. The maximum fuel tank capacity is 12 litres. Whereas Hero Honda Splendor Nxg NXG has 9.5 litres of fuel tank capacity and 1.8 litres of reserve and you can expect around 70-75 kmpl of fuel economy in city.The Hero Honda Splendor Nxg NXG takes only 8.7 seconds to chase 0-60kmph sprint while to cover 0-400m in 22.9 seconds. The claimed top speed of the bike is 90.1 kmph.The Hero Honda Splendor Nxg Super can reach from 0 to 60 kmph sprint in just 7.4 seconds and 0-100 kmph sprint in mere 22.4 seconds. Whereas the top speed of the machine is 98.7 kms.The all new trendy and powerful Hero Honda Splendor Nxg Pro is powered by 97.2 cc engine displacement and offers zipper acceleration and pick up.

Hero Honda CD 100:-

It was the year 1983 when shareholders signed a pact with the world famous Honda Motors Co. Japan. Soon after the joint venture, Hero Honda CD 100 was launched in the year 1985. As soon as it was launched, it was a total hit. The design and everything was superb and the fuel consumption was too less which made this bike the best bike in India. However, when Yamaha came, it kicked this bike off and this bike had to roll down the lane with all crap all over, but like a chivalrous warrior, this Hero Honda CD -100 got up and fought back.. Engine: 4 stroke, single cylinder, air-cooled Displacement: 97.2 Manual Clutches Wheel Base: 1210 mm Ground Clearance: 135 mm Dry weight: 95 Kg, Max Power: 7.0 PS at 8000 rpm., Final Drive: Roller chain Starting: Kick starter Frame: T-Bone type

Hero Honda Cd-dawn:-

Hero Honda Cd-dawn Now is the time for you to drive in style the new Hero Honda Cd-dawn D.N.A in India. Any Hero Honda Bike is a great product to covet and own. The Hero Honda Cd-dawn price in India is reasonable and the Bike surely appeals to all youngsters as a personal choice and as an ideal city commute. The Cd-dawn Bike has a neat look along with a great rev-up and acceleration. Mileage and Economy This low maintenance bike comes with two years warranty from the manufacturer 10.5 lt. fuel tank is good enough for 600 + kilometers on a single fill Mileage: users report 65 kmpl under worst conditions and 75 kmpl

Hero Honda CD-Deluxe:_

Hero Honda CD-Deluxe Now is the time for you to drive in style the new Hero Honda CD-Deluxe D.N.A in India. Any Hero Honda Bike is a great product to covet and own. The Hero Honda CD-Deluxe price in India is reasonable and the Bike surely appeals to all youngsters as a personal choice and as an ideal city commute. The CD-Deluxe Bike has a neat look along with a great rev-up and acceleration. 10.5 lt. fuel tank is good enough for 600 + kilometers on a single fill New console with fuel gauge helps being aware of fuel economy Alloy wheels (optional), if used, require little maintenance Mileage: users report 65 kmpl under worst conditions and 75 kmpl usual Clutch is smooth and needs no maintenance for at least 6 months

Hero Honda Ambition 133 :-

Powered by a 133 cc pot with a bore x stroke of 58.5 x 49 5 mm, the bike claims to develop 11 bhp of power at 8000 rpm at a compression ratio of 9.5. Though torque figure is not mentioned, zero to sixty kph is claimed at six seconds. Idling is at 1400 rpm. The bike comes in three versions: basic without disc or self, with disc but no self (kick) and the fully loaded version having both disc and self. Wheelbase is 1285 mm and kerb weight 125.5 kg for the kick start version and 130 kg for the self start version. Fuel tank capacity is 12.5 litres with a reserve of two litres. Engine oil capacity is 1.2 litres, while oil change quantity is 900 cc. Frame is single cradle tubular, with front fork travel being 130 mm and rear shox travel being 84 mm. Brakes are 130 mm front and rear for the base version while the disc version sports a 240 mm disc front.18 inch tyres are 2.75 front and 3.00 rear.

Hero Honda Glamour:- Rs 49300

After the recently refreshed Hero Honda CBZ Xtreme launched, the company has taken another upgrade to every other motorcycles in its stable. At present the company has refreshed the Glamour 125 with cosmetic upgrades.2011 Hero Honda Glamour comes with the same 124.7cc engine that generates 9bhp of power and 10.35-Nm of torque. 2011 Hero Honda Glamour Features:Edgy new muffler cover All new aerodynamic air scoop Scintillating new graphics All new stylish visor and headlight Eye catching digital analog combo meter console

Suppliers

It is reported Hero Honda has five joint ventures or associate companies

Munjal Showa

AG Industries

Sunbeam Auto

Rockman Industries

Satyam Auto Components

that supply a majority of its components

Market Share Hero Honda

CompanyApril – january

2008 - 2009

April – january

2009 - 2010

Growth

(%)

Market Share

(%)

Hero Honda 877,089 1,094,996 24.84 51.26

Bajaj Auto 391,100 331,731 -15.18 15.53

Tvs Motors 292,530 315,785 7.94 14.78

Honda 226,068 284,890 26.01 13.33

Total Market 1,865,767 2,135,869 14.48 _

COMPETITORS OF HERO HONDA :-

BAJAJ AUTO

TVS MOTORS

MAH SCOOTERS

SCOOTERS INDIA

LML

KINETIC ENGG.

MAJESTIC AUTO

KINETIC MOTORS

ATUL AUTO

VCCL

Competition:-

Last Price Market Cap.(Rs. cr.)

SalesTurnover

Net Profit Total Assets

Bajaj Auto

1,332.25 38,550.92 16,608.93 3,339.73 4,266.92

Hero Honda

1,732.05 34,586.87 19,401.15 1,927.90 3,531.05

TVS Motor

52.75 2,506.08 6,289.31 192.58 1,868.67

Mah Scooters

350.00 400.00 6.37 21.73 200.56

LML

9.15 75.02 373.79 -99.54 -75.57

Kinetic Motor 19.40 53.44 6.36 -6.56 25.19

Achievement of Hero Honda

PROMINENT AWARDS TO THE CHAIRMAN 

Year Awards and Accolades

2011 Lifetime Contribution Award by All India Management Associaton

2011 Lifetime Achievement Award by Ernst & Young

2011 Lifetime Achievement Award by TERI

2010 Business Leader by Lakshmipat Singhania - IIM, Lucknow National Leadership Awards 2009

2010 Pride of Nation Award by the Doon Citizens Council

2009'LMA-Sat Paul Mittal Lifetime Achievement Award' for the year 2008

SIAM Golden Jubilee Award for outstanding contribution in automobile industry

Lifetime Achievement Award by ACMA

Lifetime Achievement Award by NDTV Profit Busienss Leadership Awards 2009

PHD Lifetime Achievement Award 2009

2006 'Lifetime Achievement Award' for Translating Excellence in Corporate Governance into Reality by The Institute of Company Secretaries of India

2005 Indian Automotive Hall of Pride by Overdrive

CNBC TV18 Commendation of Business Leadership displaying extraordinary Corporate Leadership and Entrepreneurial Spirit

Padma Bhushan' by Government of India

Doctor of Letters (Honoris Causa) by Hemwati Nandan Bahuguna Garhwal University, Srinagar Garhwal

Lifetime Achievement Award' by ET Awards for Corporate Excellence

2004 Life Time Achievement Award for Management by All India Management Association

D. Litt. (Honoris Causa) by Banaras Hindu University

Lifetime Achievement Award by Amity Business School

Lifetime Achievement Award by HT Power Jobs

2002 Entrepreneur of the Year Award by Business Standard

Giants International Award to the Chairman in the field of Business & Industry

Business Leadership Award by Madras Management Association

2001 Entrepreneur of the Year Award by Ernst & Young