Hindustan Motors (HM)

Hindustan Motors (HM) is the flagship company of the C.K. Birla Group, established by Mr. B.M. Birla. Ambassador, Contessa and Mitsubishi Lancer are the most successful brands in the Indian market. In MUV segment the company has given Trekker, Porter and Pushpak. RTV is also one of the remarkable brand of HM.

Quick Facts

Founder	B.M. Birla
Country	India
Year of Establishment	1942
Business Group	CK Birla Group
Listings & its codes	NSE: HINDMOTOR; BSE: 500500
Work Station	Uttarpara (West Bengal), Thiruvallar (Tamil Nadu), Pithampur (Madhya Pradesh)
Website	www.hindmotor.com

Segment & Brands of Hindustan Motors

Financials at a Glance

(Rupees in Lacs)

Particulars	Quarter ended		Period ended		15-months period ended
	31.12.05	31.12.04	31.12.05 (6 month)	31.12.04 (9 month)	30.06.2005 (Audited)
Net Sales/Income from Operations	11472	24272	23647	65880	104864
Other Income	673	218	955	753	20650
Total Expenditure
a) Consumption of Raw Materials	8900	16064	18346	44126	69744
b) (Increase) / Decrease in stock	22	325	(77)	809	1720
c) Staff Cost	1686	2587	3393	7843	13531
d) Prior Period items	-	-	-	-	3045
e) other Expenditure	2161	3212	4390	10551	17248
12769	22188	26052	63329	105288
Interest	279	1072	585	2961	4834
Depreciation	600	1051	1198	3105	5105
Profit/ Loss (-) before Tax (1+2-3-4-5)	-1503	179	-3233	-2762	10287
Provision for Tax
a) Current Tax(See note 3 below	-	-	-	-	(3)
b) Deferred Tax	-	-	-	-	4127
c) Wealth Tax	6	3	6	7	11
d) Fringe Benefit Tax	39	-	56	-	30
Net Profit / Loss (-)(6-7)	-1548	176	-3295	-2769	6120
Paid-up Equity Share Capital* (Face Value = Rs. 10)	16117	16117	16117	16117	16117
Reserves (Excel Revaluation Reserves)	448
Basic / Diluted Earnings per Share (Rs)	-0.96	0.11	-2.04	-1.72	3.80
Aggregate of Non-Promoter Shareholder
-No. of Shares	114027969	113925428	114027969	1139254428	113939973
-Percentage of Shareholding	70.75%	70.69%	70.75%	70.69%	70.69%
*Excluding amount paid in respect of forfeited shares

Milestones

1942	Incorporation at Port Okha in Gujarat as a small assembly plant for passenger cars.
1948	Shifted its activities to Uttarpara in West Bengal (close to Howrah) and set up facilities for manufacture of cars and trucks.
1971	The company further diversified its activities by setting up an Earthmoving Equipment Division at Tiruvallur, near Chennai, Tamil Nadu for the manufacture of Earthmoving equipment such as dumpers, front-end loaders, crawler tractors and so on.
1985	The company commenced a Power Products Division at Hosur (Karnataka) for manufacture of heavy duty transmission required for Earth moving Equipments.
1986	Commencement of the manufacture of Heavy Commercial Vehicles at Commercial Vehicle Division, Vadodara (Gujarat).
1987	Commenced production of petrol engines and transmissions at Pithampur (Madhya Pradesh) in collaboration with Isuzu Motor Company, Japan.
1996	The company modernized, upgraded and expanded its three existing divisions Earthmoving Equipment Division, Power Plant Division and the Uttarpara Plant.
1997	Began the production of the Road Trusted Vehicle.
1998	Commenced the Mitsubishi Lancer Car project.
2001	Earthmoving Equipment Division plant was sold off to Caterpillar (USA).
2002	Launched Mitsubishi Pajero, collaboration with Mitsubishi Motors (Japan), in India.
2004	Components Business (PUP-Pithampur and PPD - Hosur) transferred to AVTEC, a company jointly held by HM, Actis and CK Birla Group.

Company Flashback

Hindustan Motors Limited (HML), was established by Mr. B.M. Birla of the industrious Birla family in 1942. It is the pioneering automobile manufacturing company and Flagship Company of the C.K. Birla Group. The company commenced its operations in a small assembly plant in Port Okha near Gujarat. Later the manufacturing facilities moved to Uttarpara in West Bengal in 1948, where it began the production of - the Ambassador.

In addition to passenger cars (Ambassador, Contessa), Multi Utility Vehicles (Trekker, Porter, and Pushpak) and the RTV, the company also manufactures passenger cars in the mid size premium segment (Mitsubishi Lancer) and has brought in Sports Utility Vehicle (Mitsubishi Pajero) into the Indian market in collaboration with Mitsubishi Motors of Japan.

Contributing significantly for over five decades to the Indian Automotive industry, Hindustan Motors manufacturing facilities are situated in the states of Madhya Pradesh, Tamil Nadu and West Bengal. It functions with a commitment to core values such as quality, safety, and environmental care, in combination with customer-oriented total solutions.