Ashok Leyland Limited

Ashok Leyland Limited

Company limited by Shares (1) 9473+ employees

Ashok Leyland Limited Description

An automobile manufacturing company, owned by Hinduja Group is headquartered in Chennai, India. The company was discovered in 1948, operating nine huge plants across the globe. The company is considered to be the 2nd largest manufacturer of commercial vehicles in the nation, the 4the largest manufacturer of the buses in the world and the 16th largest manufacturer of trucks across the globe. They expertize in manufacturing buses, trucks, light vehicles, defense vehicles and power solutions. The company is able to maintain its profitable track record from the past 60 years. With approximately 12,000 employees working in 9 factories and offices across the globe, makes Ashok Leyland Limited one of the largest private sector employers in India. The company was the first to introduce multi axled trucks, full air brakes and a host of innovations in India. Ashok Leyland Limited launched the country's first CNG bus, in 1997. The company has been indulged in a series of joint ventures with various global leaders. Leyland Deere is a joint venture with John Deere, USA, they want to expand the construction equipment sector with products like Backhoe Loaders, and Skid steers by both the brands. Ashley Alteams is a joint venture with the Alteams Group, Finland producing High pressure die castings (HPDC) aluminum components for telecommunications and automotive sectors. The company tries to provide world- class technology that is relevant, appropriate and affordable.

Ashok Leyland Limited Overview

9473+ employees
Company limited by Shares
Non-govt company
07 Sep,1948
266 Related Suppliers
9 No. of plants

Company Breakup

Name share
Public Financial Companies
Foreign Holdings
Bodies Corporate
Mutual Funds
Government Companies
Total Number Of Shareholders 1037944
Shareholding As On 2017-07-21

Ashok Leyland Limited in News

15 Aug 2023

Sri Lanka lifts import ban on trucks, heavy vehicles

Sri Lanka's economy has stabilised over the past nine months after the country secured a USD 2.9 billion bailout from the International Monetary Fund (IMF), brought inflation levels under control and embarked on rebuilding its foreign exchange reserves.

04 Mar 2023

CEAT inaugurates fully-automated warehouse near Chennai

Tyre manufacturer CEAT, the flagship company of RPG Enterprises, has inaugurated its state-of-the-art fully automated warehouse in the city. The warehouse, which has a capacity of two lakh finished tyres, can be expanded two-three times over the next five years.

30 Aug 2017

Kolkata-based auto dealer aims to add more than Rs 250 cr additional revenue every year

As a group, Shree Automotive today deals in four auto brands and one non-auto brand (distribution of ITC cigarettes, foods etc), operating out of 30 branches, with 1,500 employees, and having an annual group turnover of Rs 1,200 crore with sales of 8,000 vehicles a year, servicing 250 vehicles a day, with a customer base of over 30,000 customers.

13 Jul 2017

Auto sector riding cyclical recovery

Edelweiss Securities believes that the traditional auto sector valuation framework is undergoing a change, reflecting business dynamics (growth and cash flows), individual company domination and prospects, and drawing parallels with consumers facing businesses across sectors (from banking to commodities).

09 Jul 2017

Soon, Metropolitan Transport Corporation to operate electric buses

Soon, Chennaiites can travel in environment-friendly electric buses operated by the Metropolitan Transport Corporation (MTC). Transport minister M R Vijayabaskar on Saturday made an announcement in this regard on the floor of the state assembly, when demands for grants for transport department came up.

16 Jun 2017

Ashok Leyland to strengthen its Northern market through iEGR technology

With an ambition to be the market leader in North India, Ashok Leyland’s iEGR technology will further help the company to gain significant ground. This expo is the largest by any OEM in this part of the country and highlights the company’s focus for this transport and logistics hub.

12 Jun 2017

Tamil Nadu undertakes trial run of electric buses

Tamil Nadu government today conducted trial runs of electric buses, supplied by heavy commercial vehicle manufacturer Ashok Leyland, as part of modernisation of transportation services.

29 May 2017

Buy Ashok Leyland Ltd. target Rs 105 : Sharekhan

The revenue is in line with our estimate of Rs6,725 crore. The Operating Profit Margin (OPM) contracted by 210BPS YoY to 11% (as against our estimate of 12%), owing to commodity inflation, discounts to clear old BS-III inventory and an adverse product mix. Consequently, the EBITDA contracted by 7% YoY to Rs730 crore as against our estimate of Rs806 crore.

25 May 2017

Ashok Leyland posts 13% growth in its revenue in Q4 of FY17

The total MHCV industry volume for FY 2016-17 was 3,02,529 units as against 3,02,397 units in the same period last year, the market has remained flat. However, Ashok Leyland volumes has shown a growth of 4%; 1,02,313 for FY 2016-17 as against 98,809 for FY 2015-16, resulting in an increase in market share of 1.1%.

Directors of Ashok Leyland Limited

Name DIN Email Designation Date of joining
Jose Maria Alapont Alapont Unlock to View Unlock to View Director 25 Jan,2017
Andrew Charles Palmer Unlock to View Unlock to View Additional director 04 Nov,2015
Sudhindar Krishan Khanna Unlock to View Unlock to View Director 12 May,2015
Manisha Girotra Unlock to View Unlock to View Director 08 Sep,2014
Vinod Kumar Dasari Unlock to View Unlock to View Director 01 Apr,2014
Dr Andreas Hubertus Biagosch Unlock to View Unlock to View Director 10 May,2013
Sanjay Khatau Asher Unlock to View Unlock to View Director 21 Dec,2010
Jean Brunol Unlock to View Unlock to View Director 20 Oct,2010
Balaji Rao Jagannathrao Doveton Unlock to View Unlock to View Director 27 Mar,2002
Dheeraj Gopichand Hinduja Unlock to View Unlock to View Director 03 Sep,1996

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