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ASHOK LEYLAND LIMITED
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Updated: 11 Nov 2025
The company together with its subsidiaries, manufactures and sells commercial vehicles in India and internationally.
Ashok Leyland Limited, is a listed public company incorporated on 07 September, 1948. It is classified as a public limited company and is located in , Tamil Nadu. It's authorized share capital is INR 3,592.10 cr and the total paid-up capital is INR 587.39 cr.
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Industry and products
Manufacture of motor vehicles, trailers and others
- Defence Vehicles, Spares, Trucks, Buses, Light Vehicles, Power Solutions
Company size
₹ 3,592.1 Cr
₹ 587.4 Cr
₹ >5000 cr
Auth Capital
Paidup Capital
Revenue
Key Metrics
** All rupee values in INR crores.
Total Revenue
6.49%
6.49%
EBITDA
57.18%
57.18%
Net Profit
89.69%
89.69%
Networth
4.56%
4.56%
Borrowings
-29.11%
-29.11%
Assets
4.52%
4.52%
Gross Margin
4.3
4.3
Operating Margin
3.9
3.9
Net Profit Margin
2.97
2.97
Return on Equity
13.33
13.33
ROCE
36.7
36.7
Debt to Equity
-0.12
-0.12
Sales
Mar 2024
Net worth
Mar 2024
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Locations
India
(127)
| State | Type | Address |
|---|
Locations on Map
Locations on Map
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People
| Designation | Name | DIN/PAN | Tenure |
|---|---|---|---|
| Whole-time Director | Gopal Mahadevan
Shareholder
|
01746102 | 6 years |
| Director | Shom Ashok Hinduja | 07128441 | 4 years |
| Director | Saugata Gupta | 05251806 | 6 years |
| Whole-time Director | Dheeraj Gopichand Hinduja | 00133410 | 29 years |
| Director | Sanjay Khatau Asher | 00008221 | 1 years |
| Managing Director | Shenu Agarwal | 03485730 | 3 years |
| Director | Geeta Mathur | 02139552 | 0 years |
| Director | Sridharan Kesavan | 00051976 | 0 years |
| Director | Venkataramani Sumantran | 02153989 | 1 years |
| Director | Thomas Dauner | 10642122 | 1 years |
Financial Highlights
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Sales | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
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| Net profit | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
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Margins
Gross margin
Operating margin
Net margin
Balance Sheet
Standalone
Consolidated
₹
%
Financials upto March 2024 available in Tofler Pro
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
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Total assets
Charges on assets
Bank wise
Charges
1
State Bank of India
No. of Loans: 1
Total Amount : 3,500.0 cr
2
The Federal Bank Limited
No. of Loans: 2
Total Amount : 700.0 cr
3
HDFC Bank Limited
No. of Loans: 1
Total Amount : 250.0 cr
4
Axis Trustee Services Limited
No. of Loans: 1
Total Amount : 200.0 cr
5
Export-Import Bank of India
No. of Loans: 1
Total Amount : 100.0 cr
Charges
State Bank of India
The Federal Bank Limited
HDFC Bank Limited
Axis Trustee Services Limited
Others
Company Network
Companies connected through Directors
| Name | Status | Paid up Capital | Common Directors | Address |
|---|---|---|---|---|
| FINOLIB CHEMICALS PVT LTD |
Amalgamated
|
2.4 L | 1 | Maharashtra |
| MAJESTY INVESTMENTS PRIVATE LIMITED |
Amalgamated
|
5.0 L | 1 | Maharashtra |
| MEPHA PHARMA INDIA PRIVATE LIMITED |
Strike Off
|
1.0 L | 1 | Maharashtra |
| SAURER PRECICOMP PRIVATE LIMITED |
Amalgamated
|
1.6 Cr | 1 | Maharashtra |
| ALLMA MACHINES PRIVATE LIMITED |
Strike Off
|
1.0 L | 1 | Maharashtra |
| NEUMAG MACHINES PRIVATE LIMITED |
Strike Off
|
1.0 L | 1 | Maharashtra |
| OERLIKON TEXTILE COMPONENTS INDIA PRIVAT E LIMITED |
Amalgamated
|
3.0 Cr | 1 | Maharashtra |
| VOLKMANN MACHINES PRIVATE LIMITED |
Strike Off
|
1.0 L | 1 | Maharashtra |
| BARMAG MACHINES PRIVATE LIMITED |
Strike Off
|
1.0 L | 1 | Maharashtra |
| SIPOREX INDIA PRIVATE LIMITED |
Active
|
2.0 Cr | 1 | Maharashtra |
| ARCH PROTECTION CHEMICALS PRIVATE LIMITED |
Active
|
13.0 L | 1 | Maharashtra |
| DEEPAK CHEM TECH LIMITED |
Active
|
1,512.5 Cr | 1 | Gujarat |
| HAWKINS COOKERS LIMITED |
Active
|
5.3 Cr | 1 | Maharashtra |
| ORBIT ELECTRICALS PRIVATE LIMITED |
Active
|
1.4 L | 1 | Maharashtra |
| SONATA SOFTWARE LIMITED |
Active
|
28.0 Cr | 1 | Maharashtra |
| REPRO INDIA LIMITED |
Active
|
14.3 Cr | 2 | Maharashtra |
| WAVIN INDUSTRIES LIMITED |
Active
|
28.8 Cr | 1 | Madhya Pradesh |
| EPIGRAL LIMITED |
Active
|
43.1 Cr | 1 | Gujarat |
| GILLETTE INDIA LIMITED |
Active
|
32.6 Cr | 1 | Maharashtra |
| ASHLEY TRANSPORT SERVICES LIMITED |
Strike Off
|
15.0 Cr | 1 | Tamil Nadu |
| ATSL SOLUTIONS PRIVATE LIMITED |
Strike Off
|
1.0 L | 1 | Tamil Nadu |
| ASHLEY AIRWAYS LIMITED |
Dissolved
|
3.0 Cr | 1 | Maharashtra |
| ASHLEY BIO-FUELS LIMITED |
Strike Off
|
18.2 Cr | 1 | Tamil Nadu |
| ASHLEY HOLDINGS LIMITED |
Amalgamated
|
960.8 Cr | 1 | Tamil Nadu |
| ASHLEY INVESTMENTS LIMITED |
Amalgamated
|
964.4 Cr | 1 | Tamil Nadu |
| HINDUJA TECH LIMITED |
Active
|
602.9 Cr | 3 | Tamil Nadu |
| ASHOK LEYLAND PROJECT SERVICES LIMITED |
Amalgamated
|
22.4 Cr | 1 | Tamil Nadu |
| HINDUJA FOUNDRIES LIMITED |
Amalgamated
|
528.7 Cr | 2 | Tamil Nadu |
| GRO DIGITAL PLATFORMS LIMITED |
Active
|
50.0 Cr | 2 | Tamil Nadu |
| HINDUJA HOUSING FINANCE LIMITED |
Active
|
238.7 Cr | 2 | |
| HINDUJA LEYLAND FINANCE LIMITED |
Active
|
545.3 Cr | 2 | |
| SWITCH MOBILITY AUTOMOTIVE LIMITED |
Active
|
354.4 Cr | 3 | Tamil Nadu |
| ASHLEY SERVICES LIMITED |
Amalgamated
|
1,140.8 Cr | 1 | Tamil Nadu |
| AUTOMOTIVE INFOTRONICS LIMITED |
Dissolved
|
31.5 Cr | 2 | Tamil Nadu |
| OHM GLOBAL MOBILITY PRIVATE LIMITED |
Active
|
300.0 Cr | 2 | Tamil Nadu |
| ASHOK LEYLAND TECHNOLOGIES LIMITED |
Amalgamated
|
52.0 Cr | 1 | Tamil Nadu |
| ASHOK LEYLAND VEHICLES LIMITED |
Amalgamated
|
802.6 Cr | 1 | Tamil Nadu |
| ASHLEY POWERTRAIN LIMITED |
Amalgamated
|
209.1 Cr | 1 | Tamil Nadu |
| IPE GLOBAL CENTRE FOR KNOWLEDGE AND DEVELOPMENT |
Active
|
51.0 L | 1 | Delhi |
| 360 ONE DISTRIBUTION SERVICES LIMITED |
Active
|
677.1 Cr | 1 | Maharashtra |
| HEALTHCARE GLOBAL ENTERPRISES LIMITED |
Active
|
139.4 Cr | 1 | Karnataka |
| HERO HOUSING FINANCE LIMITED |
Active
|
630.7 Cr | 1 | |
| INDIA INFOLINE FINANCE LIMITED |
Amalgamated
|
281.0 Cr | 1 | |
| TRAVEL FOOD SERVICES LIMITED |
Active
|
13.2 Cr | 1 | Maharashtra |
| UMMEED HOUSING FINANCE PRIVATE LIMITED |
Active
|
102.7 Cr | 1 | Haryana |
| SENTISS PHARMA PRIVATE LIMITED |
Active
|
5.9 Cr | 1 | Delhi |
| INFO EDGE (INDIA) LIMITED |
Active
|
129.7 Cr | 1 | Delhi |
| NOVOPOR ADVANCED SCIENCE PRIVATE LIMITED |
Active
|
7.4 Cr | 1 | Telangana |
| JSW ONE PLATFORMS LIMITED |
Active
|
294.8 Cr | 1 | Maharashtra |
| DIXON TECHNOLOGIES (INDIA) LIMITED |
Active
|
12.1 Cr | 1 | Uttar Pradesh |
| CANARA HSBC LIFE INSURANCE COMPANY LIMITED |
Active
|
950.0 Cr | 1 | Delhi |
| CELERIS TECHNOLOGIES PRIVATE LIMITED |
Active
|
1.0 L | 1 | Tamil Nadu |
| CELERIS TECHNOLOGIES LLP |
Active
|
1.0 L | 1 | Nadu |
| GREAVES ELECTRIC MOBILITY PRIVATE LIMITED |
Active
|
19.2 Cr | 1 | Tamil Nadu |
| TVS ELECTRONICS LIMITED |
Active
|
18.7 Cr | 1 | Tamil Nadu |
| EDDAL CREDIT LTD. |
Active
|
50.0 L | 1 | Haryana |
| HALITE PERSONAL CARE INDIA PRIVATE LIMITED |
Under Liquidation
|
91.9 L | 1 | Maharashtra |
| THE ADVERTISING STANDARDS COUNCIL OF INDIA |
Active
|
0.0 | 1 | Maharashtra |
| PARACHUTE KALPAVRIKSHA FOUNDATION |
Active
|
0.0 | 1 | Maharashtra |
| MARICO INNOVATION FOUNDATION |
Active
|
0.0 | 1 | Maharashtra |
| MARICO CONSUMER CARE LIMITED |
Amalgamated
|
20.7 Cr | 1 | Maharashtra |
| MARICO LIMITED |
Active
|
129.8 Cr | 1 | Maharashtra |
| DELHIVERY LIMITED |
Active
|
74.8 Cr | 1 | Delhi |
| AASIA ENTERPRISES PRIVATE LIMITED |
Converted to LLP
|
6.0 L | 1 | Maharashtra |
| CYQUREX SYSTEMS PRIVATE LIMITED |
Active
|
44.6 Cr | 1 | Maharashtra |
| IMPECCABLE IMAGINATION LLP |
Active
|
1.0 L | 1 | Maharashtra |
| TABULA RASHA MUSIC LLP |
Active
|
3.0 L | 1 | Maharashtra |
| GULF OIL LUBRICANTS INDIA LIMITED |
Active
|
9.9 Cr | 1 | Maharashtra |
| HINDUJA RENEWABLES ENERGY PRIVATE LIMITED |
Active
|
557.1 Cr | 1 | Maharashtra |
| KIRAN ENERGY SOLAR POWER PRIVATE LIMITED |
Amalgamated
|
83.5 L | 1 | Maharashtra |
Subsidiary Companies
| Name | State / Country | Incorporation Year | Paidup Capital |
|---|---|---|---|
| HINDUJA LEYLAND FINANCE LIMITED | 2008 | ₹ 545.3 Cr | |
| GLOBAL TVS BUS BODY BUILDERS LIMITED | Tamil Nadu | 1998 | ₹ 9.9 Cr |
| GULF ASHLEY MOTOR LIMITED | 2004 | ₹ 29.7 Cr | |
| Optare plc | United Kingdom | - | - |
| ASHOK LEYALND (NIGERIA) | Nigeria | - | - |
| ASHOK LEYLAND CHILE | Chile | - | - |
| HLF SERVICES LIMITED | India | - | - |
| ALBONAIR (INDIA) PRIVATE LIMITED | Tamil Nadu | 2009 | ₹ 45.0 Cr |
| Albonair GmbH | Germany | - | - |
| Ashok Leyland (UAE) LLC | United Arab Emirates | - | - |
| ASHLEY AVIATION LIMITED | Tamil Nadu | 2008 | ₹ 45.9 Cr |
| HINDUJA TECH LIMITED | Tamil Nadu | 2009 | ₹ 602.9 Cr |
| VISHWA BUSES AND COACHES LIMITED | Tamil Nadu | 2020 | ₹ 39.8 Cr |
| GRO DIGITAL PLATFORMS LIMITED | Tamil Nadu | 2021 | ₹ 50.0 Cr |
| OHM GLOBAL MOBILITY PRIVATE LIMITED | Tamil Nadu | 2021 | ₹ 300.0 Cr |
Tofler Score
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Fair
Good
Very Good
Excellent
Risk
Severe Risk
- No risks identified
Moderate Risk
- No risks identified
Low Risk
- No risks identified
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Tofler Score measures the quality of performance and integrity of a company. It is
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Registered Details
CIN
L34101TN1948PLC000105PAN
AAACA4651LIncorporation
1948, 77.2 yearsCompany Email
ramanathan.n5@ashokleyland.comPaid up Capital
₹ 587.4 CrAuthorised Capital
₹ 3,592.1 CrAGM
Aug 2025Type
Public
Others
FAQ - ASHOK LEYLAND LIMITED
What is the incorporation date of ASHOK LEYLAND LIMITED?
The incorporation date of ASHOK LEYLAND LIMITED is 07 September, 1948
What is the authorized share capital of ASHOK LEYLAND LIMITED?
The authorized share capital of ASHOK LEYLAND LIMITED is INR ₹ 3,592.1 Cr.
What is the paid-up capital of ASHOK LEYLAND LIMITED?
The paid-up capital of ASHOK LEYLAND LIMITED is INR ₹ 587.4 Cr.
What is the registered address of ASHOK LEYLAND LIMITED?
The registered address of ASHOK LEYLAND LIMITED is No. 1, Sardar Patel Road Guindy, Chennai, Tamil Nadu, India, 600032 - 600032
What is the CIN number of ASHOK LEYLAND LIMITED?
The CIN number of ASHOK LEYLAND LIMITED is L34101TN1948PLC000105.
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