Ashok Leyland Limited is one of the most credible and established commercial vehicle manufacturers in India. The company is playing a critical role in the transport, logistics, defence and public mobility sectors in India. Founded in the late 1940s, Ashok Leyland has grown into a global automotive brand with a strong focus on innovation, electric mobility, and sustainable transportation solutions. Today, it is the flagship company of the Hinduja Group.
Ashok Leyland – Quick Overview
| Particular | Details |
| Company Name | Ashok Leyland Limited |
| Type | Public Company |
| Founded | 7 September 1948 |
| Founder | Raghunandan Saran |
| Headquarters | Chennai, Tamil Nadu, India |
| Chairman | Dheeraj Hinduja |
| Owner / Parent Group | Hinduja Group |
| Industry | Automotive |
| Products | Trucks, Buses, Defence Vehicles, Engines |
| Area Served | Worldwide |
| Stock Listings | BSE: 500477, NSE: ASHOKLEY |
| Official Website | ashokleyland.com |
Net Worth and Market Cap
Ashok Leyland’s net worth, measured as total equity, is about ₹11,814 crore as of FY 2024. The company has demonstrated consistent smooth financial growth due to good demand in the medium, and heavy commercial vehicle segment, and increasing exports.
As of early 2026, Ashok Leyland’s market capitalisation is approximated at around ₹55,000 – ₹60,000 crores, demonstrating the great confidence among the investors, improved profitability, and the growth of the company’s EV portfolio.
Corporate Leadership
Ashok Leyland operates under the leadership of Hinduja Group. Dheeraj Hinduja is the Chairman of the company and offers strategic direction with a focus on global expansion and future-ready mobility. The company’s leadership team is involved in driving the innovation in electric buses, alternative fuels, and modular truck platforms, and strengthening Ashok Leyland’s position in the domestic and international markets.
Overview of Services
Ashok Leyland has a very wide range of automotive and mobility solutions. Its core portfolio comprises light medium and heavy commercial vehicles, city and intercity transport buses, defense vehicles and special purpose vehicles and diesel engines for industrial and marine applications.
The company also offers vehicle financing through Hinduja Leyland Finance apart from after-sales support, spare parts, and maintenance services. Through Switch Mobility, Ashok Leyland pays a lot of attention to electric buses and electric commercial vehicles in support of India’s clean mobility goals.
Scale of Operations
Ashok Leyland has its head office in Chennai, Tamil Nadu. The company has various manufacturing facilities at different parts of India such as Ennore, Hosur, Alwar, Bhandara, Pantnagar and Vijayawada. It also has international manufacturing and assembly facilities in the UK, UAE and Sri Lanka.
Ashok Leyland has a customer base in more than 50 countries and exports vehicles to Asia, the Middle East, Africa and Europe. With a strong base of production, its wide dealer network and the rapidly developing EV infrastructure, Ashok Leyland continues to scale up its operations both in India as well as globally.
