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Surfindia » Automobile » Companies » Hindustan Motors

Hindustan Motors

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.

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