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Ashok Leyland Limited
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ASHOK LEYLAND LIMITED

www.ashokleyland.com

All Companies ›

Tamil Nadu ›

Manufacturing of Motor Vehicles ›

ASHOK LEYLAND LIMITED

Active

Updated: 03 Jul 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 , . It's authorized share capital is INR 3,592.10 cr and the total paid-up capital is INR 293.65 cr.

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Industry and products

Manufacture of motor vehicles, trailers and others

Buses, Light Vehicles, Defence Vehicles, Power Solutions, Spares, Trucks

Company size

Auth Capital

₹ 3,592.1 Cr

Paidup Capital

₹ 293.7 Cr

Revenue

₹ >5000 cr

Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Total Revenue

6.49%

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EBITDA

57.18%

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Net Profit

89.69%

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Networth

4.56%

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Borrowings

-29.11%

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Assets

4.52%

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Gross Margin

4.3

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Operating Margin

3.9

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Net Profit Margin

2.97

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Return on Equity

13.33

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ROCE

36.7

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Debt to Equity

-0.12

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Sales

Mar 2024

Net worth

Mar 2024

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Locations

India (127)

State	Type	Address

Locations on Map

People

Designation	Name	DIN/PAN	Tenure
Director	Manisha Girotra	00774574	11 years
Whole-time Director	Gopal Mahadevan Shareholder	01746102	6 years
Director	Shom Ashok Hinduja	07128441	4 years
Director	Jose Maria Alapont	07712699	8 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	Venkataramani Sumantran	02153989	1 years
Director	Thomas Dauner	10642122	1 years

Financial Highlights

Financials upto March 2024 available in Tofler Pro

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	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	293.6	293.6	293.6	293.6	293.6
Reserves	8,602.3	8,836.8	8,296.6	10,505.1	11,521.0
Borrowings +	16,151.4	18,164.4	23,939.3	30,920.4	40,564.3
Long term borrowings	13,308.7	15,564.6	15,297.3	19,502.9	26,695.7
Short term borrowings	2,842.7	2,599.7	8,642.0	11,417.6	13,868.6
Trade payables +	2,834.6	5,346.2	7,249.9	7,581.9	6,798.0
Days payable	78.0	162.0	150.0	96.0	85.0
Other liabilities +	13,079.6	14,772.2	11,071.3	13,009.4	15,281.5
Other non-current liabilities	1,127.6	1,148.1	1,109.2	1,982.8	2,487.1
Other current liabilities	9,117.4	8,277.8	2,712.2	3,444.6	5,996.4
Total liabilities	38,126.9	42,066.9	43,600.8	54,728.5	67,660.5
Fixed Assets +	8,604.8	8,819.8	8,134.6	8,397.0	8,571.3
Tangible assets	5,809.2	6,021.1	5,744.4	5,762.9	5,867.2
CWIP	573.9	335.5	240.0	268.1	414.8
Intangible assets	2,221.8	2,463.1	2,150.1	2,365.9	2,289.3
LT loans and advances	12,022.1	15,462.7	14,890.7	19,646.4	27,393.2
Other non-current assets	2,190.4	1,865.5	2,024.8	2,513.7	2,708.8
Current assets +	15,309.5	15,918.9	18,550.6	24,171.5	28,987.1
Inventories	1,536.4	2,495.8	2,540.6	3,440.4	4,008.0
Trade receivables	1,496.2	3,020.9	3,278.8	4,187.4	3,898.2
Cash and cash equivalents	2,188.2	1,481.0	2,031.0	1,908.6	5,217.3
ST loans and advances	7,888.9	6,259.0	6,818.0	8,681.4	10,946.0
Other current assets	2,199.8	2,662.1	3,882.3	5,953.7	4,917.7
Total assets	38,126.9	42,066.9	43,600.8	54,728.5	67,660.5

Percentage of assets	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	0.77	0.7	0.67	0.54	0.43
Reserves	22.56	21.01	19.03	19.19	17.03
Borrowings +	42.36	43.18	54.91	56.5	59.95
Long term borrowings	34.91	37.0	35.08	35.64	39.46
Short term borrowings	7.46	6.18	19.82	20.86	20.5
Trade payables	7.43	12.71	16.63	13.85	10.05
Other liabilities +	34.31	35.12	25.39	23.77	22.59
Other non-current liabilities	2.96	2.73	2.54	3.62	3.68
Other current liabilities	23.91	19.68	6.22	6.29	8.86
Total liabilities
Fixed Assets +	22.57	20.97	18.66	15.34	12.67
Tangible assets	15.24	14.31	13.18	10.53	8.67
CWIP	1.51	0.8	0.55	0.49	0.61
Intangible assets	5.83	5.86	4.93	4.32	3.38
LT loans and advances	31.53	36.76	34.15	35.9	40.49
Other non-current assets	5.75	4.43	4.64	4.59	4.0
Current assets +	40.15	37.84	42.55	44.17	42.84
Inventories	4.03	5.93	5.83	6.29	5.92
Trade receivables	3.92	7.18	7.52	7.65	5.76
Cash and cash equivalents	5.74	3.52	4.66	3.49	7.71
ST loans and advances	20.69	14.88	15.64	15.86	16.18
Other current assets	5.77	6.33	8.9	10.88	7.27
Total assets

Total assets

Charges on assets

Bank wise

Charges

State Bank of India

No. of Loans: 1

Total Amount : 3,200.0 cr

The Federal Bank Limited

No. of Loans: 2

Total Amount : 700.0 cr

HDFC Bank Limited

No. of Loans: 1

Total Amount : 250.0 cr

Axis Trustee Services Limited

No. of Loans: 1

Total Amount : 200.0 cr

Export-Import Bank of India

No. of Loans: 1

Total Amount : 100.0 cr

Bank of Baroda

No. of Loans: 1

Total Amount : 100.0 cr

STATE INDUSTRIES PROMOTION CORPORATION OF TAMILNADU LIMITED

No. of Loans: 1

Total Amount : 31.2 cr

Charge Holder	Amount	Date of creation/modification
HDFC Bank Limited	250.0 cr	07 Jan, 2025
Export-Import Bank of India	100.0 cr	20 Dec, 2024
The Federal Bank Limited	500.0 cr	05 Dec, 2024
Axis Trustee Services Limited	200.0 cr	30 Sep, 2024
The Federal Bank Limited	200.0 cr	26 Sep, 2024
Bank of Baroda	100.0 cr	23 Nov, 2023
State Bank of India	3,200.0 cr	19 Apr, 2023
STATE INDUSTRIES PROMOTION CORPORATION OF TAMILNADU LIMITED	31.2 cr	27 Jun, 2014

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
ORBIT ELECTRICALS PRIVATE LIMITED	Active	1.4 L	1	Maharashtra
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
DEEPAK CHEM TECH LIMITED	Active	699.5 Cr	1	Gujarat
DEEPAK PHENOLICS LIMITED	Active	280.0 Cr	1	Gujarat
ARCH PROTECTION CHEMICALS PRIVATE LIMITED	Active	13.0 L	1	Maharashtra
EPIGRAL LIMITED	Active	43.1 Cr	1
SONATA SOFTWARE LIMITED	Active	28.0 Cr	1
HAWKINS COOKERS LIMITED	Active	5.3 Cr	1
WAVIN INDUSTRIES LIMITED	Active	28.8 Cr	1
DEEPAK NITRITE LIMITED	Active	27.3 Cr	1
GILLETTE INDIA LIMITED	Active	32.6 Cr	1
GRO DIGITAL PLATFORMS LIMITED	Active	50.0 Cr	2	Tamil Nadu
HINDUJA HOUSING FINANCE LIMITED	Active	238.7 Cr	2
HINDUJA FOUNDRIES LIMITED	Amalgamated	528.7 Cr	1
SWITCH MOBILITY AUTOMOTIVE LIMITED	Active	354.4 Cr	3
HINDUJA LEYLAND FINANCE LIMITED	Active	545.3 Cr	3
HINDUJA TECH LIMITED	Active	602.9 Cr	2
MOELIS & COMPANY INDIA PRIVATE LIMITED	Active	49.5 Cr	1	Maharashtra
ASIA SOCIETY INDIA CENTRE	Active	0.0	1	Maharashtra
SONA BLW PRECISION FORGINGS LIMITED	Active	621.7 Cr	1
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 VEHICLES LIMITED	Amalgamated	802.6 Cr	1
ASHLEY POWERTRAIN LIMITED	Amalgamated	209.1 Cr	1
ASHOK LEYLAND TECHNOLOGIES LIMITED	Amalgamated	52.0 Cr	1
CELERIS TECHNOLOGIES PRIVATE LIMITED	Active	1.0 L	1	Tamil Nadu
CELERIS TECHNOLOGIES LLP	Active	1.0 L	1	Nadu
TVS ELECTRONICS LIMITED	Active	18.7 Cr	1	Tamil Nadu
GREAVES ELECTRIC MOBILITY PRIVATE LIMITED	Active	19.2 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
MARICO CONSUMER CARE LIMITED	Amalgamated	20.7 Cr	1	Maharashtra
PARACHUTE KALPAVRIKSHA FOUNDATION	Active	0.0	1	Maharashtra
MARICO INNOVATION FOUNDATION	Active	0.0	1	Maharashtra
MARICO LIMITED	Active	129.6 Cr	1
DELHIVERY LIMITED	Active	74.6 Cr	1
KIRAN ENERGY SOLAR POWER PRIVATE LIMITED	Amalgamated	83.5 L	1	Maharashtra
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
HINDUJA RENEWABLES ENERGY PRIVATE LIMITED	Active	557.1 Cr	1

Subsidiary Companies

Name	State / Country	Incorporation Year	Paidup Capital
HINDUJA LEYLAND FINANCE LIMITED		2008	₹ 545.3 Cr
GLOBAL TVS BUS BODY BUILDERS LIMITED		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		2009	₹ 45.0 Cr
Albonair GmbH	Germany	-	-
Ashok Leyland (UAE) LLC	United Arab Emirates	-	-
ASHLEY AVIATION LIMITED	Tamil Nadu	2008	₹ 42.7 Cr
HINDUJA TECH LIMITED		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

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Registered Details

CIN

L34101TN1948PLC000105

PAN

AAACA4651L

Incorporation

1948, 76.8 years

Company Email

ramanathan.n5@ashokleyland.com

Paid up Capital

₹ 293.7 Cr

Authorised Capital

₹ 3,592.1 Cr

AGM

Jul 2024

Type

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 ₹ 293.7 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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