Ashok Leyland Ltd - Company Profile
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Ashok Leyland Ltd (Ashok Leyland), a subsidiary of Hinduja Automotive Ltd, is an integrated automobile company. It offers heavy and medium commercial vehicles and related components; light commercial vehicles, and power solution systems. It has manufacturing facilities in the UAE, Sri Lanka, Bangladesh, Nigeria, the UK and Kenya, and India. The company has joint venture partnerships with Alteams Group for the manufacture of high-press die-casting extruded aluminum components for the automotive and telecommunications sectors, and John Deere for construction equipment. It also offers financial services mainly relating to vehicle and housing financing. It serves customers across Africa, the Middle East, Asia, CIS and Latin America. Ashok Leyland is headquartered in Chennai, Tamil Nadu, India.
Headquarters
India
Address
No. 1, Sardar Patel Road, Guindy, Chennai, Tamil Nadu, 600032
Website
www.ashokleyland.com/en
Telephone
91 44 22206000
No of Employees
11,552
Industry
Automotive
Ticker Symbol & Exchange
ASHOKLEY (NSE)
Revenue (2022)
$5.3B
58.8%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
446%
(2022 vs 2021)
Market Cap*
$6.0B
Net Profit Margin (2022)
XYZ
317.5%
(2022 vs 2021)
* As of and is in US$
Ashok Leyland Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Buses | Aftersale Services | Ashok Leyland |
| Trucks | Financial | |
| Light Commercial Vehicles | Vehicle Financing | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In April, the company entered an agreement with South Indian Bank for financing dealers. |
| 2024 | Contracts/Agreements | In March, the company announced a collaboration with Minus Zero to create autonomous trucking solutions. |
| 2024 | Acquisitions/Mergers/Takeovers | In February, the company acquired a 49.9% stake in TVS Trucks and Buses. |
Competitor Comparison
| Key Parameters | Ashok Leyland Ltd | AB Volvo | Tata Motors Ltd | Mahindra & Mahindra Ltd | Eicher Motors Ltd |
|---|---|---|---|---|---|
| Headquarters | India | Sweden | India | India | India |
| City | Chennai | Goeteborg | Mumbai | Mumbai | Gurgaon |
| State/Province | Tamil Nadu | - | Maharashtra | Maharashtra | Haryana |
| No. of Employees | 11,552 | 90,735 | 81,811 | 23,495 | 5,002 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Dheeraj G Hinduja | Chairman | Executive Board | 2010 | - |
| Gopal Mahadevan | Chief Financial Officer; Director | Executive Board | 2013 | - |
| Shenu Agarwal | Chief Executive Officer; Managing Director | Senior Management | 2022 | - |
| Ganesh Mani | President; Chief Operating Officer | Senior Management | 2022 | - |
| N Saravanan | Chief Technology Officer; President | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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