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Project reportProject report

OnOn

Hero HondaHero Honda

Submitted to:- Submitted by:-

BBA 2nd YEAR

Roll no: - 17

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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 month—a 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 Honda’s 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 customer’s 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

Year Awards and Accolades

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 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

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

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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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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 

No. Name of the Directors Designation

1 Mr. Brijmohan Lall Munjal Chairman & Whole-time

Director

2 Mr. Pawan Munjal Managing Director &

CEO

3 Mr. Toshiaki Nakagawa Joint Managing Director

4 Mr. Sumihisa Fukuda Technical Director

5 Mr. Om Prakash Munjal Non-executive Director

6 Mr. Sunil Kant Munjal Non-executive Director

7 Mr. Masahiro

Takedagawa

Non-executive Director

8 Mr. Satoshi Matsuzawa

(Alternate Director to Mr.

Takashi Nagai)

Non-executive Director

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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

 

  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

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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 the

following 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

 

 MR. PAWAN MUNJAL

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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:

 

No

.

Name of Company Nature of

Office

1 Hero Honda Motors Limited Managing

Director

2 Hero Honda Finlease Limited Director

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3 Daimler Hero Commercial Vehicles

Limited

Director

SALES PERFORMANCE 

 July'0

5

July'0

6

FY 05-

06

FY 06-

07

Total Sales 23005

0

23531

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

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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 October’05

Hero Honda Registers 22.3 Per Cent Growth In September

’05

Hero Honda’s 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-

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

Hero Honda Starts The Financial Year With Over 20%

Growth

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

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.

 

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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’

two-wheeler company for the fifth year in a row, has

continued to exhibit a leader’s 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

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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 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 leader’s 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 %.

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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,

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 ’05

CLOSES 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

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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.

Mr. Pawan Munjal, Managing Director, Hero Honda Motors

Ltd., thanked customers for the company’s 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

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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

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

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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.

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 ’05

DESPATCH CROSSES THE 3-LAKH LANDMARK

New 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

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incredible sales in October 2005. The company’s 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 Honda’s achievement of the landmark 4 lakh plus

retail sales and 3 lakh plus dispatch, within a single month,

is an extraordinary feat considering the growing

competition in the two-wheeler market and is certain to

redefine industry standards.

The company’s 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 company’s 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 Honda’s

cumulative sales (dispatch) for the period April-October

2005 has also registered a significant growth of 17.87%

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over the corresponding period in the previous year. The

company’s 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 company’s festive promotion, which offers Rs.1001/- off

on each of its models, has also met with huge success,

across the country.

 

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

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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

PHASED LAUNCH OF 'GLAMOUR' COMPLETED; OVER

45,000 UNITS SOLD ALREADY

New 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 company’s 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

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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

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 2005

CUMULATIVE SALES CROSS NINE LAKH BIKES IN

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FOUR MONTHS

New 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.

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

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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

2005-06

New 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

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.

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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 2,26,072

New 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

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.

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Hero Honda Starts The Financial Year With Over 20%

Growth

New 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

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 company’s efforts to offer enhanced

value-for-money to its customers.

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PRINT ADs 

  New Launches:

Glamour Just4her Glamour PGMFI

CD Deluxe CBZ X-Treme Achiever

Next Generation

of Motorcycling

Pleasure Splendar NXG

   

Hunk    

 

  Campaigns:

  We got a Good thing Going!

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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

Date of

Approva

l

Date of

Issue

Particulars of Issue No. of

Shares

 19.01.84 Subscription shares 150

09.08.19

84

19.03.85 Public Issue 11999985

09.08.19

84

29.04.87 Issue of Rights Shares

in the ratio of 15:50

3975000

09.08.19

84

07.02.19

95

Issue of Bonus Shares

in the ratio of 1:4

3993750

09.08.19

84

28.09.19

98

Issue of Bonus Shares

in the ratio of 1:1

19968750

09.08.19

84

26.03.20

01

Sub-division of Equity

Shares of Rs. 10 each

Into 5 Equity Shares of

Rs. 2 each

199687500

*

* Equity Shares of Rs. 2 each.

 

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  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:

The Stock Exchange, Mumbai

Phiroze Jeejeebhoy Towers , Dalal Street, Mumbai - 400 001

Telephone: 022-2272 1233/34

Facsimile: 022-2272 1552

e-mail: info@bseindia.com

Website: www.bseindia.com

BSE Code: 500182

National Stock Exchange of India Limited

Exchange Plaza ,

Plot No. C/1, G Block, Bandra-Kurla Complex,Bandra (East),

Mumbai - 400 051

Telephone: 022-2659 8100-114, 5641 8100 - 108

Facsimile: 022-2659 8120

e-mail: cc_nse@nse.co.in

Website: www.nseindia.com

NSE Code: HEROHONDA

 The Company has paid the annual listing fee to the

Stock Exchanges for the financial year 2005-06 in

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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

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

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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 Displacement

Hero 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 Black Moon Yellow

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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 mm

Overall length 2125 mm

Overall Width 755 mm

Wheelbase 1355 mm

Ground Clearance 150 mm

Kerb weight 150 kg

Fuel Tank Capacity 15 litres

Engine

Type OHC, Air Cooled

Stroke (2/4) 4-stroke

No. of cylinders Single Cylinder

Displacement 223cc

Electrical 12 V, 7.0 Ah

Transmission

No. of Gears 5 speed

Clutch Multi-plate wet type

Performance

Maximum Power 16.8bhp @ 7000rpm

Max. Torque -

Start Kick / Electric

Suspensions

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Front Telescopic Hydraulic Shock Absorbers

RearSwing arm with 5 step adjustable type hydraulic shock absorber

Brakes

Front Disc Brakes, 276 mm diameter

Rear Internal Expanding Shoe, 130 mm

Tyres

Front 2.75 x 18” - 42 P

Rear 100 / 90 x 18” - 56 P

More 150 cc - 500 cc Bikes in India

Bajaj Avenger Bajaj Pulsar Bajaj PulsarDTSiBullet Electra Bullet 350 Hero Honda Achiever

Hero Honda HunkHero Honda CBZ X-treme

Honda Unicorn

Kinetic Comet Thunderbird TVS ApacheTVS Apache RTR FI 160

TVS Fiero FX Yamaha R15

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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)

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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

Frame -

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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 

Battery In Self Start -

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

21W  

Front Right View Back View Metre

Another Colour View

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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 -

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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 Suspension

Telescopic 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)Rear Brake Drum 130 (mm)

Rear Brake Disc -

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 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 -

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Herohonda-Glamour

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)

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Reserve Tank Capacity 1.5 (L)

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

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 -

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

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