2. Hero MotoCorp Ltd. (Formerly Hero Honda
Motors Ltd.) is the world's largest
manufacturer of two - wheelers, based in
India.
In 2001, the company achieved the coveted
position of being the largest two-wheeler
manufacturing company in India and also, the
'World No.1' two-wheeler company in terms
of unit volume sales in a calendar year. Hero
MotoCorp Ltd. continues to maintain this
position till date.
About the company :

3. Dr. Brijmohan Lall Munjal
The founder and patriarch of the $3.2
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.
Thus began an extraordinary tale of
courage and perseverance. Brijmohan began
his business story after partition in 1947,
when he and his brothers

4. Dr. Brijmohan Lall
Munjal
Chairman &
Whole Time Director
Mr. Pradeep Dinodia
Non Executive &
Independent Director
Gen. (Retd.)
V. P. Malik
Non Executive &
Independent Director
Mr. Suman
Kant Munjal
Non Executive Director
Mr. Sunil Kant Munjal
Jt. Managing Director
Mr. Pawan Munjal
Managing Director
& CEO
Mr. Paul Edgerley
Non Executive Director
Mr. Ravi Nath
Non Executive &
Independent Director

5. Hero MotoCorp’s mission is to become a global
enterprise fulfilling its customers' needs and
aspirations for mobility, setting benchmarks in
technology, styling and quality so that it converts
its customers into its brand advocates.
The company will provide an engaging
environment for its people to perform to their
true potential. It will continue its focus on value
creation and enduring relationships with its
partners.
MISSION :

6. The story of Hero Honda began with a
simple vision - the vision of a mobile and
an empowered India, powered by its two
wheelers. Hero MotoCorp Ltd., company's
new identity, reflects its commitment
towards providing world class mobility
solutions with renewed focus on
expanding company's footprint in the
global arena.
VISION

7. Balance sheet
(Rs crore) Mar ' 13 Mar ' 12 Mar ' 11 Mar ' 10 Mar ' 09
Sources of funds
Owner's fund
Equity share capital 39.94 39.94 39.94 39.94 39.94
Share application money - - - - -
Preference share capital - - - - -
Reserves & surplus 4,966.30 4,249.89 2,916.12 3,425.08 3,760.81
Loan funds
Secured loans 302.16 994.85 1,458.45 - -
Unsecured loans - - 32.71 66.03 78.49
Total 5,308.40 5,284.68 4,447.22 3,531.05 3,879.24
Uses of funds
Fixed assets
Gross block 4,427.29 6,308.26 5,538.46 2,750.98 2,516.27
Less : revaluation reserve - - - - -
Less : accumulated depreciation 1,356.31 2,522.75 1,458.18 1,092.20 942.56
Net block 3,070.98 3,785.51 4,080.28 1,658.78 1,573.71
Capital work-in-progress 62.09 193.95 125.14 48.14 120.54
Investments 3,623.83 3,964.26 5,128.75 3,925.71 3,368.75
Net current assets
Current assets, loans & advances 2,884.75 1,951.69 1,510.52 2,890.46 1,022.14
Less : current liabilities & provisions 4,333.25 4,610.73 6,397.47 4,992.04 2,205.90
Total net current assets -1,448.50 -2,659.04 -4,886.95 -2,101.58 -1,183.76
Miscellaneous expenses not written - - - - -
Total 5,308.40 5,284.68 4,447.22 3,531.05 3,879.24
Notes:
Book value of unquoted investments - 3,659.51 5,065.79 3,900.68 3,305.14
Market value of quoted investments 353.28 302.20 62.14 25.03 40.55
Contingent liabilities 502.00 252.62 131.90 73.04 100.54
Number of equity sharesoutstanding (Lacs) 1996.88 1996.88 1996.88