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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: 17 Sep 2026

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 Chennai, Tamil Nadu. It's authorized share capital is INR 3,592.10 cr and the total paid-up capital is INR 587.39 cr.

Subscription Plans

Industry and products

Manufacture of motor vehicles, trailers and others

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

Company size

Auth Capital

₹ 3,592.1 Cr

Paidup Capital

₹ 587.4 Cr

Revenue

₹ >5000 cr

Key Metrics

** All rupee values in INR crores.

Total Revenue

1.01%

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EBITDA

7.03%

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Net Profit

26.18%

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Networth

30.74%

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Borrowings

-36.33%

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Assets

8.11%

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Gross Margin

1.47

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Operating Margin

0.71

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Net Profit Margin

1.69

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Return on Equity

-1.03

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ROCE

-9.2

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Debt to Equity

-0.14

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Sales

Mar 2025

Net worth

Mar 2025

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Locations

India (127)

State	Type	Address

Locations on Map

People

Designation	Name	DIN/PAN	Tenure
Director	Shom Ashok Hinduja	07128441	5 years
Director	Saugata Gupta	05251806	7 years
Whole-time Director	Dheeraj Gopichand Hinduja	00133410	5 years
Director	Sanjay Khatau Asher	00008221	2 years
Nodal Officer	Natarajan Ramanathan	07409855	2 years
Managing Director	Shenu Agarwal	03485730	4 years
Director	Geeta Mathur	02139552	1 years
Director	Sridharan Kesavan	00051976	1 years
Director	Sven Christoph Ennerst	10942860	1 years
Director	Venkataramani Sumantran	02153989	2 years
Director	Thomas Dauner	10642122	2 years
Whole-Time Director	Kidambi Mani Balaji	08064743	0 years

Financial Highlights

Financials upto March 2025 available in Tofler Pro

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	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	293.6	293.6	293.6	293.6	293.6
Reserves	8,836.8	8,296.6	10,505.1	11,521.0	15,551.2
Borrowings +	18,164.4	23,939.3	30,920.4	40,564.3	49,701.1
Long term borrowings	15,564.6	15,297.3	19,502.9	26,695.7	36,382.9
Short term borrowings	2,599.7	8,642.0	11,417.6	13,868.6	13,318.2
Trade payables +	5,346.2	7,249.9	7,581.9	6,798.0	8,019.5
Days payable	162.0	150.0	96.0	85.0	99.0
Other liabilities +	9,426.0	3,821.4	5,427.5	8,483.5	8,149.2
Other non-current liabilities	1,148.1	1,109.2	1,982.8	2,487.1	2,939.6
Other current liabilities	8,277.8	2,712.2	3,444.6	5,996.4	5,209.6
Total liabilities	42,066.9	43,600.8	54,728.5	67,660.5	81,714.6
Fixed Assets +	8,819.8	8,134.6	8,397.0	8,571.3	9,414.1
Tangible assets	6,021.1	5,744.4	5,762.9	5,867.2	6,289.1
CWIP	335.5	240.0	268.1	414.8	577.3
Intangible assets	2,463.1	2,150.1	2,365.9	2,289.3	2,547.7
LT loans and advances	15,462.7	14,890.7	19,646.4	27,393.2	34,235.0
Other non-current assets	1,865.5	2,024.8	2,513.7	2,708.8	3,849.0
Current assets +	15,918.9	18,550.6	24,171.5	28,987.1	34,216.6
Inventories	2,495.8	2,540.6	3,440.4	4,008.0	3,986.1
Trade receivables	3,020.9	3,278.8	4,187.4	3,898.2	3,346.9
Cash and cash equivalents	1,481.0	2,031.0	1,908.6	5,217.3	6,544.8
ST loans and advances	6,259.0	6,818.0	8,681.4	10,946.0	13,385.0
Other current assets	2,662.1	3,882.3	5,953.7	4,917.7	6,953.9
Total assets	42,066.9	43,600.8	54,728.5	67,660.5	81,714.6

Percentage of assets	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	0.7	0.67	0.54	0.43	0.36
Reserves	21.01	19.03	19.19	17.03	19.03
Borrowings +	43.18	54.91	56.5	59.95	60.82
Long term borrowings	37.0	35.08	35.64	39.46	44.52
Short term borrowings	6.18	19.82	20.86	20.5	16.3
Trade payables	12.71	16.63	13.85	10.05	9.81
Other liabilities +	22.41	8.76	9.92	12.54	9.97
Other non-current liabilities	2.73	2.54	3.62	3.68	3.6
Other current liabilities	19.68	6.22	6.29	8.86	6.38
Total liabilities
Fixed Assets +	20.97	18.66	15.34	12.67	11.52
Tangible assets	14.31	13.18	10.53	8.67	7.7
CWIP	0.8	0.55	0.49	0.61	0.71
Intangible assets	5.86	4.93	4.32	3.38	3.12
LT loans and advances	36.76	34.15	35.9	40.49	41.9
Other non-current assets	4.43	4.64	4.59	4.0	4.71
Current assets +	37.84	42.55	44.17	42.84	41.87
Inventories	5.93	5.83	6.29	5.92	4.88
Trade receivables	7.18	7.52	7.65	5.76	4.1
Cash and cash equivalents	3.52	4.66	3.49	7.71	8.01
ST loans and advances	14.88	15.64	15.86	16.18	16.38
Other current assets	6.33	8.9	10.88	7.27	8.51
Total assets

Total assets

Charges on assets

Bank wise

Charges

State Bank of India

No. of Loans: 1

Total Amount : 3,500.0 cr

The Federal Bank Limited

No. of Loans: 2

Total Amount : 700.0 cr

Axis Bank Limited

No. of Loans: 1

Total Amount : 350.0 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

Charge Holder	Amount	Date of creation/modification
The Federal Bank Limited	500.0 cr	05 Feb, 2026
The Federal Bank Limited	200.0 cr	05 Feb, 2026
Axis Bank Limited	350.0 cr	03 Nov, 2025
State Bank of India	3,500.0 cr	16 Oct, 2025
Axis Trustee Services Limited	200.0 cr	25 Sep, 2025
HDFC Bank Limited	250.0 cr	07 Jan, 2025
Export-Import Bank of India	100.0 cr	20 Dec, 2024

Charges

State Bank of India

The Federal Bank Limited

Axis Bank Limited

HDFC Bank Limited

Others

Company Network

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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
SONATA SOFTWARE LIMITED	Active	28.0 Cr	1	Maharashtra
ORBIT ELECTRICALS PRIVATE LIMITED	Active	1.4 L	1	Maharashtra
WAVIN INDUSTRIES LIMITED	Active	28.8 Cr	1	Madhya Pradesh
REPRO INDIA LIMITED	Active	14.3 Cr	1	Maharashtra
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
ASHOK LEYLAND PROJECT SERVICES LIMITED	Amalgamated	22.4 Cr	1	Tamil Nadu
HINDUJA FOUNDRIES LIMITED	Amalgamated	528.7 Cr	2	Tamil Nadu
HINDUJA TECH LIMITED	Active	603.1 Cr	3	Tamil Nadu
HINDUJA LEYLAND FINANCE LIMITED	Active	545.6 Cr	3	Maharashtra
SWITCH MOBILITY AUTOMOTIVE LIMITED	Active	354.4 Cr	2	Tamil Nadu
HINDUJA HOUSING FINANCE LIMITED	Active	238.7 Cr	1	Tamil Nadu
GRO DIGITAL PLATFORMS LIMITED	Active	70.0 Cr	2	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
SENTISS PHARMA PRIVATE LIMITED	Active	5.9 Cr	1	Delhi
CANARA HSBC LIFE INSURANCE COMPANY LIMITED	Active	950.0 Cr	1	Delhi
NOVOPOR ADVANCED SCIENCE PRIVATE LIMITED	Active	7.4 Cr	1	Telangana
INFO EDGE (INDIA) LIMITED	Active	129.7 Cr	1	Delhi
JSW ONE PLATFORMS LIMITED	Active	323.8 Cr	1	Maharashtra
DIXON TECHNOLOGIES (INDIA) LIMITED	Active	12.2 Cr	1	Uttar Pradesh
TRAVEL FOOD SERVICES LIMITED	Active	13.2 Cr	1	Maharashtra
CELERIS TECHNOLOGIES PRIVATE LIMITED	Active	1.0 L	1	Tamil Nadu
AUTOMOTIVE INFOTRONICS LIMITED	Dissolved	31.5 Cr	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
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
KIRAN ENERGY SOLAR POWER PRIVATE LIMITED	Amalgamated	83.5 L	1	Maharashtra
OHM GLOBAL MOBILITY PRIVATE LIMITED	Active	300.0 Cr	1	Tamil Nadu
HINDUJA RENEWABLES ENERGY PRIVATE LIMITED	Active	717.3 Cr	1	Maharashtra
ASHOK LEYLAND JOHN DEERE CONSTRUCTION EQUIPMENT COMPANY PRIVATE LIMITED	Under Liquidation	35.6 Cr	1	Tamil Nadu
ASHLEY AVIATION LIMITED	Active	45.9 Cr	1	Tamil Nadu
ADYAR PROPERTY HOLDING COMPANY PRIVATE LIMITED	Active	2.1 L	1	Tamil Nadu
GULF ASHLEY MOTOR LIMITED	Active	29.7 Cr	1

Subsidiary Companies

Name	State / Country	Incorporation Year	Paidup Capital
HINDUJA LEYLAND FINANCE LIMITED	Maharashtra	2008	₹ 545.6 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 Leyland (Nigeria) Limited	Nigeria	-	-
Ashok Leyland (Chile) SA	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	₹ 603.1 Cr
VISHWA BUSES AND COACHES LIMITED	Tamil Nadu	2020	₹ 39.8 Cr
GRO DIGITAL PLATFORMS LIMITED	Tamil Nadu	2021	₹ 70.0 Cr
OHM GLOBAL MOBILITY PRIVATE LIMITED	Tamil Nadu	2021	₹ 300.0 Cr
ASHOK LEYALND (NIGERIA) LIMITED	Nigeria	-	-
ASHOK LEYLAND CHILE	Chile	-	-

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Registered Details

CIN

L34101TN1948PLC000105

Incorporation

1948, 78.0 years

Company Email

ramanathan.n5@ashokleyland.com

Paid up Capital

₹ 587.4 Cr

Authorised Capital

₹ 3,592.1 Cr

AGM

Aug 2026

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 ₹ 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 - 600032

What is the CIN number of ASHOK LEYLAND LIMITED?

The CIN number of ASHOK LEYLAND LIMITED is L34101TN1948PLC000105.

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