Ashok Leyland

Sharing Your Passion

Ashok Leyland, a brand which reminds that 70 million passengers travel on its buses in a day. A brand which claims that eight out of ten metro state transport busses in India are from the same company. The company manufactures a wide range of products, from 18 seater to 82 seater double decker buses, from 7.5 tonne to 49 tonne in haulage vehicles, from numerous special application vehicles to diesel engines for industrial, marine and genset applications.

Quick Facts

Founder

Mr. Raghunandan Saran

Year of Establishment

1955

Industry

Manufacture of Commercial Vehicles

Business Group

Hinduja Group

Listings & its codes

BSE: 500477

Collaborations

Land Rover Leyland International Holdings Ltd. (LRLIH) - UK based, jointly with IVECO. Hinduja Group is 100% holder of LRLIH since July 2006. In-house R&D with world leaders such as Hino Motors and ZF.

Head Office

19, Rajaji Salai Chennai 600 001 India Tel.: +(91)-(44)-25342141 Fax: +(91)-(44)-25342493

Website

www.ashokleyland.com

Products:

- Buses
- Trucks
- Defence & Special Vehicles
- Engines

Financial Results:

	2005-2006	2004-2005
Profit before tax	4,523.00	3,550.10
Less: Provision for taxation	1,249.80	836.00
Add: Transfer from/(to): Debenture redemption reserve Balance profit from last year General Reserve	- 68.33 1,784.13 (1,000.00)	- 89.17 1,339.24 (1,000.00)
Less: Provision for taxation	4,125.66	3,142.51
Appropriation:
Proposed dividend	1,597.86	1,189.29
Tax on dividend	224.10	169.09
Balance profit carried to Balance sheet	2,303.70	1,784.1
Basic Earnings per Share (Face Value Re.1/-)	2.74	2.28

Milestones

1966

Introduced full air brakes

1967

Launched double-decker bus

1968

Offered power steering in commercial vehicles

1979

Introduced multi-axle trucks

1980

Introduced the international concept of integral bus with air suspension

1982

Won self-certification status for defence supplies

1992

Launched vestibule buses

1992

Launched vestibule buses

1993

Received ISO 9002

1997

India's first CNG powered bus joined the BEST fleet

2001

Received ISO 14001 certification for all manufacturing units

2002

2002 Launched hybrid electric vehicle

Company Flashback

Ashoke Leyland has been the technology leader in the country's commercial vehicle industry for more than five decades. It has moulded India's commercial vehicle profile with technologies and product ideas that have become the industry norms.

The company was taken shape when Pandit Jawaharlal Nehru, the then and first Prime Minister of India, persuaded an industrialist, Mr. Raghunandan Saran to manufacture automotive. In 1948 the concept was implemented in Madras for the assembly of Austin Cars. It was known as British Leyland. Soon, in 1955 it was changed to its current name and commenced the manufacturing of commercial vehicles.

Today, Ashoke Leyland is the first automobile company in India to win the ISO 9002 certification. It was the year 1993. In 1994, the company became an ISO 9001 certified, in 1988 QS 9000 and in 2002 ISO 14001 for all vehicle manufacturing units. The company has also grabbed the credit of becoming the first Indian auto company to receive the latest ISO/TS 16949 Corporate Certification. This certificate is specific to the auto industry.