Company Profile For Hero Honda Motors Ltd

Hero Honda Motors Ltd (HROH.BO) (Bombay Stock Exchange)

sector: Cyclical Consumer Goods & Services · industry: Auto & Truck Manufacturers ·

As of 24 Nov 2009

1,688.10INR

Price Change

+35.55

Percent Change

+2.15%

Analyst Recommendations

Overview

Hero Honda Motors Limited is an India-based company engaged in the manufacture of motorcycles. The Company is engaged in manufacturing of two wheelers and its parts. It has two manufacturing facilities at Dharuhera and Gurgaon in Haryana and its third plant is at Haridwar. During the fiscal year ended March 31, 2009 (fiscal 2009), it launched eight models: Passion Pro (100 cubic capacity-4 Stroke), CBZ-Extreme (150 cubic capacity - 4 Stroke), Pleasure New Aesthetics, Splendor NXG (Self Start), CD Deluxe (Self Start), Glamour FI, Glamour (Carb.) and HUNK Special Edition. The models offered by the Company include CD Dawn, CD Deluxe, Pleasure, Splendor Plus, Splendor NXG, Passion PRO, Passion Plus, Super Splendor, Glamour, Glamour PGM-FI, Achiever, CBZ X-TREME, Karizma and Hunk. During fiscal 2009, the Company exported 81,194 two-wheelers.

Quick Financial Synopsis

BRIEF: For the six months ended 30 September 2009, Hero Honda Motors Limited's revenues increased 30% to RS79.93B. Net income increased 89% to RS10.97B. Revenue reflects an increase in income from operations. Net income also reflects an increase in gross operating margin. Hero Honda was the first company to introduce new generation motorcycles that had set the industry benchmarks and it manufactures two wheelers & its parts.