"Hero is growing, grow with Hero.

"
 Board of directors &
their Remuneration
 Chairman: Dr. Brij Mohan Lal Munjal
Remuneration : 15,76,24,178
 M.D & CEO :Mr. Pawan Munjal
Remuneration: 15,73,57,492
 Director : Pradeep Dinodia

 Jt. M.D : Mr. Toshiaki Nakagawa

Remuneration : 15,12,54,869
 origin
 The joint venture between India's Hero Group and Honda Motor Company,
Japan has created the world's single largest two wheeler company. 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 success of the Hero Group lies in the determination and foresight of
the Munjal brothers, who shared their vision with their workers and led the
Group to a position where its name has become synonymous with top-
quality two wheelers.
 The flame kindled by the Munjal brothers in 1956 with the flagship
company Hero Cycles; Mr. Satyanand Munjal, Mr. Brijmohan Lall Munjal
and Mr. O. P. Munjal continue to carry the torch and are actively involved
in the day-to-day operations of the Hero Group.
 The philosophy with regard to labour management is "Hero is growing,
grow with Hero."
 FACTS
 1956Hero Cycles Limited is established.
 1984Hero Honda Motors Limited established in joint venture with Honda Motors of
Japan, to manufacture motorcycles.
 1985The 100 cc Hero Honda Motorcycle arrived and by 1988 was the No. 1 among
all motorcycles in India.
 1991Hero Honda receives National Productivity Council's Award.
1991Hero Honda receives the Economic Times - Harvard Business School
Association Award against 200 contenders.
 2004Hero Honda continues as the World's largest manufacturer of two-wheelers
with annual sales volume of 2.07 million motorcycles and a market share of48%.
 2006Hero Honda enters the scooter segment, launches 100cc "Pleasure"2006
Hero Honda crosses a unit sales threshold of 3.0 million motorcycles
 FACTS cont…

 Hero Honda Motors was ranked 3rd amongst top Indian

companies Review 2000 - Asia's leading companies award (2004)
by Far Eastern Economic Review.
 Hero Honda Motors is the World's largest manufacturer of two-
wheelers with annual sales volume of over 3.0 million motorcycles.
 Hero Honda Motors has been awarded the highest rating for
Corporate Governance (2003) by CRISIL - India's Leading Ratings,
Risk & Advisory Company and as the Best Governed Company in
private sector(Dec 2004).
 Hero Honda ranked Number One in the two-wheeler category on
Environmental Performance by the Centre for Science and
Environment.
 Hero Honda is also hosts two successful entertainment shows
HERO HONDA SA RE GA MA PA and MTV HERO HONDA
ROADIES.
 REGISTERED & CORPORATE
OFFICE
 REGISTERED DETAILS:
Registration no: 17354
State Code: 55
Item code : 87112003
 CORPORATE OFFICE:
HERO HONDA MOTORS LIMITED 34, Community Centre, Basant Lok, Vasant Vihar,
New Delhi - 110057, India.
Tel: +91-11-26142451, 26144121 Fax: +91-11-26143321, 26143198

 PLANTS

HARIDWAR Plot No.3, Sector-10, Ranipur IIE-SIDCUL, Haridwar - 248001

Tel: +91-01334-238500 Fax: +91-01334-239512

DHARUHERA 69 Km. Stone, Delhi-Jaipur Highway,

Dharuhera -122 100, Dist. Rewari (Haryana), India.
Tel: +91-1274-267011-15, 01274-267030-33 Fax: +91-1274-267025

GURGAON 37 Km. Stone, Delhi-Jaipur Highway,

Sector-33, Gurgaon -122 001(Haryana), India.
Tel: +91-124-2372123-34 Fax: +91-124-2373141-42
 Financial Results
 Financial Results for Q4, FY’08-09
 Total sales for Q4 stands at 9,97,855 units, growth of 13 per cent, three times that of
the industry growth during the period
 Total turnover (Net Sales & Operating Income) Rs.3422.52 crores, growth of 22.24
per cent
 Net profit after tax at Rs 402.17 crores, growth of 34.64 per cent
 EBIDTA margin for the quarter 16.04 per cent
 Financial Results for FY’09
 Total unit sales of 37.22 lakh two-wheelers, growth of 12 per cent, more than double
that of the industry growth during the period
 Total turnover (Net Sales & Operating Income) of Rs. 12356.88 crores
 Net profit after tax at Rs. 1281.76 crores
 Dividend of 1000 per cent
 EBIDTA margin for the year 14.16 per cent
 EPS of Rs. 64.19/-
 Profit & loss a/c(Amt in Crore)
Income 31.03.2008
Income 31.03.2007
31.03.2008 31.03.2007
Gross sales : 12,038.53 11,542.04
-Excise duty: 1,706.73 1,642.08
Net sales : 10,331.80 9,899.96
Other Income: 185.42 189.85
Total Turn over:- 10,517.22 10,089.81
Expenditure:
Man.&other exps.: 8,982.43 8,726.92
Depreciation : 160.32 139.78
Interest (Net) (35.81) (22.99)
Total Expenditure: 9,106.94 8,843.71
Net profit: 1,410.28 1,246.10
(Before tax)
-Prov. For taxation:
Current : 436.81 375.81
Deferred : 1.20 9.42
Fringe benefit: 4.39 2.98
Profit : 967.88 857.89
(after tax)
 Balance sheet(Amt. In million)
Liability 2008 2007 Asset 2008 2007
Trade A/C Payable7,560.70 5,548.20 Current Asset:
Accrued Exp. 494.82 417.58 Cash & cash
Indian IT 63.90 38.50 equivalent: 1,310.92 357.82
Other C.L. 5,689.15 4,871.05 Trade A/C receivable 2,974.38 3,352.48
L.T.D due in a yr 184.93 206.10 Inventories : 3,171.04 2,755.84
Total C.L. 13,993.50 11,081.43 Prepaid Expenses
Deferred IT 1,391.67 1,529.68 &.other C.A 1,911.49 2,666.58
L.T.D. 1,135.67 1,445.67 Total current asset: 9,367.83 9,132.72
Total liability:
liability: 16,520.24 14,056.71
Stock holders Equity: Fixed Asset:
Authorized 250,000,000(par value Rs .2) Invst. (held to
O.S Share 199,687,500 maturity security 1,599.99 1,612.79
(Rs. 2 / share) 399.38 399.38 Invst. In M.F 24,617.11 18,522.31
Capital surplus 0.03 0.03 Invst. In affiliate at
Retained earning 34,424.61 28,465.20 Equity 264.58 252.42
Total stock equity:
equity: 34,824.02 28,864.61 Prop. Plant& Equipment 15,494.75 13,401.08
Total liability:
liability: 51,344.26 42,921.32 Total Asset:
Asset: 51,344.26 42,921.32
 Conclusion

The Hero Group's phenomenal growth is the

result of constant innovations, a close watch on
costs and the dynamic leadership of the Group
Chairman, characterized by an ethos of
entrepreneurship, of right attitudes and building
stronger relationships with investors, partners,
vendors and dealers and customers.