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.

Vision
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.

Mission
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.

Strategy

Hero MotoCorp's key strategies are to build a robust product portfolio across categories, explore
growth opportunities globally, continuously improve its operational efficiency, aggressively expand its
reach to customers, continue to invest in brand building activities and ensure customer and
shareholder delight.

Brand
The new Hero is rising and is poised to shine on the global arena. Company's new identity "Hero
MotoCorp Ltd." is truly reflective of its vision to strengthen focus on mobility and technology and
creating global footprint. Building and promoting new brand identity will be central to all its initiatives,
utilizing every opportunity and leveraging its strong presence across sports, entertainment and
ground-level activation.

Manufacturing
Hero MotoCorp two wheelers are manufactured across 4 globally benchmarked manufacturing
facilities. Two of these are based at Gurgaon and Dharuhera which are located in the state of Haryana
in northern India. The third manufacturing plant is based at Haridwar, in the hill state of Uttrakhand;
the latest addition is the state-of-the-art Hero Garden Factory in Neemrana, Rajasthan.

Distribution

The Company's growth in the two wheeler market in India is the result of an intrinsic ability to increase
reach in new geographies and growth markets. Hero MotoCorp's extensive sales and service network
now spans over to 6000 customer touch points. These comprise a mix of authorized dealerships,
service & spare parts outlets, and dealer-appointed outlets across the country.

PROFILE

DON'T DREAM IF YOU CAN'T FULFILL YOUR DREAMS

- Late Dr. Brijmohan Lall Munjal (1st July 1923 to 1st November 2015)
The founder and patriarch of the Hero Group was your classic first generation entrepreneur. He was 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.

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 MotoCorp. These

relationships have survived through generations - through bad times and good times" the patriarch
now reminiscences.
Besides bonding with his vendors and dealers, Brijmohan was personally responsible for kindling a
spirit of entrepreneurship amongst his employees, and today, 40 of his former employees are
successful entrepreneurs.

Staying Ahead
Though not technically qualified in the conventional sense, only a few of his contemporaries have
understood the dynamics of technology better than Brijmohan Lall had. 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-stroke engine a technology that dramatically increased fuel efficiency and reduced maintenance costs. This
technology was one of the biggest reasons for Hero MotoCorp's stupendous success.

A Corporate Citizen
A frugal upbringing and a value system modeled on the famous Gurukul system - which stresses the
sanctity of the teacher-pupil relationship - imbibed in Brijmohan a strong sense of social commitment
and responsibility.
There was a special place in his heart for Ludhiana, the city where he took roots. Today, Ludhiana is a
modern, bustling city, but Brijmohan had played no mean role in its evolution. Several schools and
educational institutions in Ludhiana owe their existence to the Munjal family.
The Ludhiana Stock Exchange owes its existence to Brijmohan's vision as does the Ludhiana Flying
Club. He's also set up the not-for-profit Dayanand Medical College and Hospital-an institute now rated
as one of the best medical colleges in India, in terms of infrastructure, quality of staff and alumni
profile.
In and around Dharuhera, near the first Hero MotoCorp plant, Brijmohan and his family have left their
stamp of philanthropy. The Raman Kant Munjal Foundation - which Brijmohan set up in memory of his
eldest son, today runs a higher secondary school and a very modern and well-equipped 100-bed
hospital at Dharuhera. The group has also adopted numerous villages and provides education,
vocational training, drinking water, roads, streetlights and sewerage.

Mr. Pawan Munjal

Chairman,
Managing Director & CEO

Mr. Munjal is the Chairman, Managing Director & 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 and Indian School of Business.
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 MotoCorp
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. Pradeep Dinodia

Non Executive &
Independent Director
Mr. Dinodia was appointed as an Additional Director on the Board of the Company on March 31, 2001
in the category of Non-Executive and Independent Director. Mr. Dinodia is a fellow member of The
Institute of Chartered Accountants of India and a senior partner in the Delhi-based Chartered
Accountancy firm M/s. S.R. Dinodia & Company. He has considerable experience in corporate affairs
and allied legal and taxation matters.
Mr. Dinodia is on the board of the following Public Limited Companies:

Gen. (Retd.)
V. P. Malik
Non Executive &
Independent Director
Gen. Malik was appointed as an Additional Director on the Board of the Company on May 4, 2001 in
the category of Non-Executive and Independent Director. Gen. Malik retired as Chief of the Indian
Army in September, 2000. During his distinguished military career, he received number of awards
including the Ati Vishista Seva Medal (AVSM) and the Param Vishishta Seva Medal (PVSM) - the
highest National award for distinguished services.

Mr. Suman
Kant Munjal
Non Executive Director
Mr. Munjal was appointed as an Additional Director on the Board of the Company on July 29, 2010.
Mr. Munjal is the Managing Director of Rockman Industries Ltd., one of the leading suppliers of
Aluminum Die Casting, Machined and Painted Assemblies to Hero MotoCorp Ltd. Mr. Munjal, a
graduate in Commerce, possesses rich experience and expertise in business management and thus
has been instrumental in elevating Rockman Industries Ltd. to its current status.

Mr. Paul Edgerley

Non Executive Director
Mr. Edgerley was appointed as an Additional Director on the Board of the Company on May 4, 2011 in
the category of Non-Executive Director. Mr. Edgerley has been a Managing Director at Bain Capital

since 1990, a private investment firm with over $65 billion in assets under their management, where
he focuses on investment in the industrial and consumer product sectors. He is currently on the board
of The Boston Celtics, Keystone Automotive, Steel Dynamics, Sensata Technologies, MEI Conlux, HD
Supply and Hero Investments Pvt. Limited. Mr. Edgerley is also a member of the Dean Advisory Board
at Harvard Business School, Kansas State University Foundation, The Shamrock Foundation, serves
on the US Board of The Right to Play and New Profit, Inc. He is a certified working public accountant.
He was also awarded an MBA with distinction from Harvard Business School and a BS from Kansas
State University. He brings with him enriched experience in the field of finance and administration.

Ms. Shobana Kamineni

Non-Executive and
Independent Director
Ms. Kamineni has been appointed as an Additional Director w.e.f. March 27, 2015 in the Category of
Non-Executive and Independent Director. Ms. Kamineni was named Executive Vice-Chairperson,
Apollo Hospitals Enterprise Limted (AHEL) in July 2014. A member of the founding family, she has
been director since February 2010.
Championing Special Initiatives for over 7 years, she had directed the companys diversification into
several new domains, all of which have been largely responsible for Apollos emergence as Asias
foremost integrated healthcare organization.
Ms. Kaminei continues to helm the Apollo Global Projects Consultancy that steers the planning,
design and execution of new projects. She also heads Apollo Pharmacy, presently the fastest growing
business within AHEL. Apollo Pharmacy is now Indias largest pharmacy chain with a pan-India
network of over 2000 stores, 14000 employees and it serves 1,50,000 customers a day.
Ms. Kamineni had championed Apollos collaboration with Munich Re in 2008 and she continues to be
a Whole Time Director on the Board of Apollo Munich Health Insurance. In addition, she is ViceChairperson of the KEI Group. She is an independent director of Blue Star Limited. She also serves
as an advisor to CISCO Indias External Board. As an active member of the Confederation of Indian
Industry (CII), she was Chairperson of CII (Southern Region), Chairperson CII-AP. In the past, she
had chaired the CII National Committees on Entrepreneurship and Public Health. She is Governing
Council Member of the Overseas Indian Facilitation Centre (OIFC).
Ms. Kamineni has been nominated as Member of the Executive Council and Finance Committee of
the Osmania University, Hyderabad. She is on the Advisory Council of the National Cadet Corps
(NCC).
Passionate about inculcating a culture of wellness, she had championed the establishment of Billion
Hearts Beating - an NGO dedicated to educating Indians about preventing heart disease and staying
heart-healthy.
Ms. Kamineni holds a B.A. in Economics from Stella Maris College, Chennai and an accelerated
Diploma in Hospital Administration from Columbia University, New York. An avid sportsperson, she
was a national level squash player. She has been a recipient of prestigious national awards for
Entrepreneurship and Leadership.

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Last three months graph

THREE YEARS OF HIGH LOW GRAPH

52 WEEKS OF HIGH LOW GRAPH

LOGO OF THE COMPANY