Hero MotoCorp Ltd


BSE: 500182 | NSE: HEROMOTOCO | ISIN: INE158A01026 
Market Cap: [Rs.Cr.] 32,757 | Face Value: [Rs.] 2
Industry: Automobiles - Motorcycles / Mopeds

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Board Meet

26-Apr-13 
Dividend & Audited Results Hero MotoCorp Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on April 26, 2013, inter alia, for the following purposes: a) to consider and approve the Financial Results for the 4th quarter and financial year ended March 31, 2013 alongwith the Auditor's Report thereon; and b) to consider and recommend the dividend, if any, for the financial year 2012-13 subject to the approval by the members in the ensuing Annual General Meeting. Hero MotoCorp Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 26, 2013, inter alia, has considered and recommended a dividend @ 3000 % i.e. Rs. 60/- per equity share of Rs. 2/- each for the financial year 2012-13. (As per BSE Announcement Dated on 26.04.2013) 
17-Jan-13 
Hero MotoCorp Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on January 17, 2013, inter-alia, to consider and approve the Unaudited Financial Results for the third quarter and nine months ended December 31, 2012 as reviewed by the Statutory Auditors and to take on record the Limited Review Report of the Auditors thereon. 
23-Oct-12 
Hero MotoCorp Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 23, 2012, to consider and approve the Un-audited financial results for the 2nd quarter and half year ended September 30, 2012 and to take on record the Limited Review Report of the Auditors thereon. 
19-Jul-12 
Hero MotoCorp Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on July 19, 2012, to consider and approve the Un-audited financial results for the 1st quarter ended June 30, 2012 and to take on record the Limited Review Report of the Auditors thereon. 
04-Jun-12 
Hero MotoCorp Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 04, 2012, inter alia, to consider and approve the following: 1. The proposal of Amalgamation of HIPL with HMCL; 2. The Scheme of Amalgamation; 3. The Valuation report; 4. The Fairness Opinion; and 5. Other matters incidental and connected to the said proposal. Hero MotoCorp Ltd has informed BSE regarding Outcome of Board Meeting held on June 04, 2012. A scheme of amalgamation under Sections 391 to 394 of the Companies Act,1956 ('Scheme') of HIPL, a company holding 43.33% of the equity share capital of HMCL, into HMCL, was approved by the Board of Directors meeding held on June 0 4, 2012. (For more details, please refer www.bseindia.com) (As Per BSE Announcement Website Dated on 04/06/2012) 

AGM

10-Sep-12
Hero MotoCorp Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from August 09, 2012 to August 17, 2012 (both days inclusive) for the purpose of Payment of Final Dividend & 29th Annual General Meeting (AGM) of the Company to be held on September 10, 2012. Hero MotoCorp Ltd has informed BSE that the Annual General Meeting (AGM) of the Company will be held on September 10, 2012.(For more details kindly refer Corporate Announcements on www.bseindia.com). (As Per BSE Announcement Dated on 16.08.2012) Hero MotoCorp Ltd has informed BSE that the 29th Annual General Meeting (AGM) of the Company was held on September 10, 2012 under Clause 35A. (As per BSE Announcement Dated on 11.09.2012) Hero MotoCorp Ltd has informed BSE that the 29th Annual General Meeting (AGM) of the Company was held on September 10, 2012. (As per BSE Announcement Dated on 10.10.2012)  
28-Sep-11
Hero Motocorp Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from August 27, 2011 to August 31, 2011 (both days inclusive) for the purpose of Payment of Final Dividend & 28th Annual General Meeting (AGM) of the Company to be held on September 28, 2011. Hero MotoCorp Ltd has informed BSE that the 28th Annual General Meeting (AGM) of the Company was held on September 28, 2011 (As Per BSE Announcement Dated on 13.10.2011) 
20-Sep-10
Hero Honda Motors Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 01, 2010 to September 03, 2010 (both days inclusive) for the purpose of 27th Annual General Meeting (AGM) of the Company to be held on September 20, 2010. Hero Honda Motors Ltd has informed BSE that the members at the 27th Annual General Meeting (AGM) of the Company held on September 23, 2010, inter alia, have accorded to the following: 1. Adoption of the Balance Sheet as at March 31, 2010 and the Profit & Loss Account for the year ended on that date, together with the reports of the Directors and Auditors thereon. 2. Confirmed the Silver Jubilee Special dividend of Rs. 80 per equity share of Rs. 2 each paid to the members, whose names appeared on the Register of Members as on April 15, 2010, as an Interim Dividend. Declared a final dividend of Rs. 30 per equity share of Rs. 2 each for the year ended March 31, 2010. 3. Re-appointed Mr. Anlajit Singh, Dr. Pritam Singh, Mr. Sumihisa Fukuda & Mr. M. Damodaran as Directors of the Company, whose period of office shall be liable to determination by retirement of Directors by rotation. 4. Re-appointed M/s. A.F. Ferguson & Co., Chartered Accountants, New Delhi as the statutory auditors of the Company to hold office from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting at such remuneration (including fees for certification) and reimbursement of out of pocket expenses as may be approved by the Board of Directors of the Company, after having discussion with the Auditors and considering the time spent and actual efforts put in by the Auditors. 5. Appointed Mr. Ravi Nath, Dr. Anand C. Burman & Mr. Suman Kant Munjal as Directors of the Company and the period of their office shall be liable to determination by retirement of Directors by rotation. 6. To keep the Register of Members and Index of Members of the Company and copies of certificates and documents required to be annexed thereto at the Delhi office of M/s. Karvy Computershare Private Limited, the Registrar and Share Transfer Agents of the Company at 105-108, Arunachal Building, 19, Barakhamba Road, New Delhi 110 001. (As Per BSE Announcement Website dated on 23.09.2010) 
22-Sep-09
Hero Honda Motors Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 01, 2009 to September 04, 2009 (both days inclusive) for the purpose of 26th Annual General Meeting (AGM) of the Company to be held on September 21, 2009. Hero Honda Motors Ltd has informed BSE that the 26th Annual General Meeting (AGM) of the Company scheduled to be held on September 22, 2009 instead of September 21, 2009. However, the book closure date remains unchanged as informed earlier. (As Per BSE Announcement Dated on 27/08/2009) Hero Honda Motors Ltd has informed BSE that the members at the 26th Annual General Meeting (AGM) of the Company held on September 22, 2009, inter alia, have accorded the following: 1. Adoption of the Profit and Loss Accounts for the year ended March 31, 2009 and the Balance Sheet as at that date together with the Directors and the Auditors Report thereon. 2. Declaration of Dividend of Rs. 20 per Equity Share of Rs. 2 each on 19,96,87,500 Equity Shares of Rs. 2 each for the year ended March 31, 2009. 3. Re-appointment of Gen. (Retd.) V. P. Malik, Mr. Brijmohan Lall Munjal, Mr. Sunil Kant Munjal & Mr. Takashi Nagai, as Directors of the Company, liable to retire by rotation. 4. Re-appointment of M/s. A. F. Ferguson & Co., Chartered Accountants, New Delhi, as Auditors of the Company to hold office from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting of the Company on remuneration, terms & conditions. (As Per BSE Announcement Dated on 24/10/2009) 
25-Sep-08
Hero Honda Motors Ltd has informed BSE that 25th Annual General Meeting (AGM) of the Company would be held on September 25, 2008. Hero Honda Motors Ltd has informed BSE that the members at the 25th Annual General Meeting (AGM) of the Company held on September 25, 2008, inter alia, have accorded the following: 1. Adoption of the Profit and Loss Accounts for the year ended March 31, 2008 and the Balance Sheet as at that date together with the Directors and the Auditors Report thereon. 2. Declaration of Dividend of Rs 19 per Equity Share of Rs 2 each for the year ended March 31, 2008. 3. Re-appointment of Mrs. Shobhana Bhartia, Mr. Sunil Bharati Mittal, Mr. Masahiro Takedagawa & Mr. Pradeep Dinodia as Directors of the Company, liable to retire by rotation. 4. Re-appointment of M/s. A F Ferguson & Co, Chartered Accountants, New Delhi, as Auditors of the Company to hold office from the conclusion of the Annual General Meeting until the conclusion of the next Annual General Meeting of the Company on remuneration, terms & conditions. 5. Appointment of Mr. Sumihisa akuda, as Director and Technical Director in the Whole-time Director for a period of five years w.e.f. June 01, 2008, on remuneration, terms & conditions. 6. Appointment of Mr. Meleveetil Damodaran as a Director of the Company, liable to retire by rotation. (As per BSE Announcement dated on 27/10/2008) 

EGM

02-Nov-12
COM 02.11.2012 Hero MotoCorp Ltd has informed BSE that by Orders dated September 10, 2012 and September 18, 2012 passed in the Company Application with the Hon'ble High Court of Delhi at New Delhi, the Hon'ble High Court of Delhi at New Delhi has directed to convene meetings of Equity Shareholders and Trade Creditors of more than Rs. 50,000/- on November 02, 2012 for the purpose of considering, and if thought fit, approving, with or without modification(s), the proposed Scheme of Amalgamation of Hero Investments Private Limited (the Transferor Company) with Hero MotoCorp Limited (the Transferee Company) and their respective Shareholders and Creditors (the 'Scheme'). (As per BSE Announcement Dated on 03.10.2012) Hero MotoCorp Ltd has informed BSE that by the orders dated September 10, 2012 and September 18, 2012 passed in the Company Application, by the Hon'ble High Court of Delhi at New Delhi, the Hon'ble High Court of Delhi at New Delhi has directed that a meeting of Equity Shareholders & Creditors of the Applicant/Transferee Company be held at Air Force Auditorium, Subroto Park, New Delhi - 110 010 on November 02, 2012 for the purpose of considering, and if thought fit, approving, with or without modification(s), the proposed Scheme of Amalgamation of Hero Investments Private Limited (the Transferor Company) with Hero MotoCorp Limited (the Transferee Company) and their respective Shareholders and Creditors (the 'Scheme'). (As per BSE Announcement Dated on 05.10.2012) Hero MotoCorp Ltd has informed BSE regarding Outcome of Court Convened Meeting of Equity Shareholders & Trade Creditors was held on November 02, 2012. (As per BSE Announcement Dated on 02.11.2012) Hero MotoCorp Ltd has informed BSE regarding Outcome of Court Convened Meeting of the Company was held on November 02, 2012 under Clause 35A. (As per BSE Announcement Dated on 05.11.2012)  
17-Jun-11
Hero Honda Motors Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the members of the Company will be held on June 17, 2011, inter alia, to transact the following: 1. Change of name of the Company from 'Hero Honda Motors Limited' to 'Hero MotoCorp Ltd', subject to the approval of Central Government / Registrar of Companies. 2. To amendment in the Articles of Association of the Company. Hero Honda Motors Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on June 17, 2011, inter alia, have accorded to the following: 1. To change of name of the Company from 'Hero Honda Motor Ltd' to 'Hero MotoCorp Ltd' and consequential amendment in the Memorandum of Association of the Company. 2. To amend the Articles of Association of the Company. (As Per BSE Announcement Website dated on 27.06.2011) 

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
Hero Motocorp 32,756.79 15.46 6.54 10.46 65.6 51.5 0.19
TVS Motor Co. 1,627.22 9.01 1.33 5.63 23.0 19.4 0.74
Kinetic Engg. 54.24 0.00 3.43 24.60 0.0 0.0 2.58
Majestic Auto 30.06 0.00 0.41 3.75 13.2 11.2 1.57

Futures & Options Quote

 
Expiry Date
1626.75 14.60  (0.9%)
Instrument: FUTSTK
Expiry Date: 27 Jun 2013
Open Price: 1,610.95
Average Price: 1,625.92
No. of Contracts Traded: 427,000
Open Interest: 1,843,750
Underlying: HEROMOTOCO
Market Lot: 125
Previous Close: 1,626.75
Day’s High | Low: 1,641.10 | 1,605.00
Turnover (Cr.): 69.43
Open Int. Change: 19,625.00 (1.1% )
View detailed F& O quotes >>

Key Information

Key Executives:

Brijmohan Lall Munjal , Chairman 

Pawan Munjal , Managing Director & CEO 

Pradeep Dinodia , Director 

V P Malik , Director 


Company Head Office / Quarters:
34 Community Centre,
Basant Lok Vasant Vihar,
New Delhi,
New Delhi-110057
Phone : 91-11-46044100/26142451
Fax : 91-11-26143321/26143198
E-mail : ilam.kamboj@heromotocorp.com
Web : http://www.heromotocorp.com
Registrars:
Karvy Computershare Pvt Ltd
Plot No 17-24
Vittal Rao Nagar
Madhapur
Hyderabad-500081

Fund Holding


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