Ashok Leyland Company Profile: Products, Promoters and Clients

Question 1: What are the products and services of Ashok Leyland?

Ashok Leyland, a prominent player in the commercial vehicle industry under the Hinduja Group, offers a wide range of products and services across various segments. The company focuses on providing innovative and sustainable solutions in the automotive industry, including electric and hydrogen-powered vehicles, diesel engines, and advanced technology products.

Finding multibagger stocks is important for building wealth. Discover potential multibaggers at Sovrenn Discovery

1. Commercial Vehicles

• Trucks: Ashok Leyland manufactures a variety of trucks, including heavy-duty trucks, medium-duty trucks, and light commercial vehicles. Their truck models are designed to meet diverse requirements in transportation and logistics, construction, and mining.
• Buses: The company produces a range of buses, including city buses, intercity buses, school buses, and staff buses, catering to the needs of urban and rural transportation systems.

2. Electric Vehicles (EVs)

• Boss Electric Truck: A 14-tonne fully electric truck, which represents the company's push towards green mobility and sustainability.
• Electric Light Commercial Vehicles (LCVs): Models like the Switch IeV4 are part of Ashok Leyland's portfolio to support eco-friendly urban transportation.

3. Alternative Fuel Vehicles

• Hydrogen Fuel Cell Vehicles: These include innovative models like the 9m Hydrogen Fuel Cell Bus, aimed at reducing carbon emissions.
• LNG and CNG Vehicles: Vehicles like the AVTR LNG 6×4 Tractor offer alternatives to conventional diesel engines, promoting cleaner fuel usage.

Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at Sovrenn Education 

4. Engines and Power Solutions

• H4 and H6 Engines: These engines cater to various applications, including agricultural equipment like harvesters. They are available in diesel and hydrogen (H2 ICE) variants, providing options for both conventional and renewable energy sources.
• A6 Engine: Another diesel engine variant designed for high fuel efficiency and reliability.
• Gensets: The company offers 40 kVA generators adhering to the latest CPCB4+ norms, suitable for both domestic and international markets.

5. Technological Advancements

• EATS (Exhaust After Treatment System): A compact and efficient system aimed at reducing emissions from diesel engines.
• DEF Tanks: Proven Diesel Exhaust Fluid tanks that enhance the efficiency and compliance of vehicles with emission standards.

Also Read: Jasch Gauging Technologies Company Profile: Product, Promoters and Clients

Question 2: Who are the promoters of Ashok Leyland?

The main promoter of Ashok Leyland is Hinduja Automotive Ltd, a subsidiary of the Hinduja Group. Hinduja Automotive Ltd holds a significant portion of Ashok Leyland's shares. As of the most recent data, Hinduja Automotive Ltd owns approximately 50.38% of the total share capital of Ashok Leyland. Key management members of the company include:

1. Dheeraj Hinduja - Executive Chairman

Dheeraj Hinduja is responsible for the overall strategy and performance of Ashok Leyland. He has extensive experience in the automotive industry and has been instrumental in driving the company's growth and innovation.

2. Shenu Agarwal - MD & CEO

Shenu Agarwal leads the company’s operations and strategic initiatives. He has a strong background in the automotive sector, focusing on product development, market expansion, and operational efficiency.

3. Gopal Mahadevan - CFO

Gopal Mahadevan oversees the financial management of Ashok Leyland. His expertise in finance and strategic planning has been crucial in maintaining the company’s financial health and supporting its growth objectives.

Also Read: PG Electroplast Limited (PGEL) Company Profile: Products, Promoters and Clients

Question 3: Who are the clients of Ashok Leyland?

Ashok Leyland serves a diverse range of clients across various sectors. Notable clients include:

1. Indian Armed Forces (largest supplier of logistics vehicles).
2. Hindustan Unilever Limited.
3. Britannia Industries.
4. Oil and Natural Gas Corporation Ltd (ONGC).
5. National Thermal Power Corporation (NTPC).
6. Steel Authority of India Limited (SAIL).
7. 3M India.
8. State Road Transport Corporations in multiple Indian states.
9. Municipal Corporations like BEST (Mumbai).

Also Read: Garware Tech. Company Profile: Products, Promoters and Clients