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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