About Ashok Leyland Technologies Limited
Data last updated:
Ashok Leyland Technologies Limited was a public limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of Ashok Leyland Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the engineering design and consultancy segment of the engineering sector. It was incorporated on 22 May 2008.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U34300TN2008PLC067840. Its GSTIN is 33AACCN7741G1ZK (Tamil Nadu).
The company had an authorised share capital of ₹75 Cr and a paid-up capital of ₹52.05 Cr. It was formerly known as Nissan Ashok Leyland Technologies Private Limited and Nissan Ashok Leyland Technologies Limited. It was led by directors including Mohana Srinivasan and Duraiswamy Subramaniam Ramadorai.
Its last annual general meeting (AGM) was held on 10 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at No 1 Sardar Patel Road Guindy, Chennai, Tamil Nadu, India – 600032.
As per the financials filed for FY 2018, the company reported a revenue of ₹60.1 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹20.97 Cr (net margin 34.9%) and EBITDA of ₹36.21 Cr (EBITDA margin 60.3%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years.
The company had about 62 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Ashok Leyland. Court records list 6 cases involving the company, including 6 filed against it. The company has 1 deal on record (1 acquisition); the latest was in November 2016.
The last known website on record is ashokleyland.com.
Company details
Name history
Ashok Leyland Technologies has undergone 2 name changes throughout its history. The company was previously known as Nissan Ashok Leyland Technologies Private Limited, and Nissan Ashok Leyland Technologies Limited. The current legal name is Ashok Leyland Technologies Limited.
| Company Name | Status |
|---|---|
| Ashok Leyland Technologies Limited | Current |
| Nissan Ashok Leyland Technologies Private Limited | Previous |
| Nissan Ashok Leyland Technologies Limited | Previous |
CIN history
Ashok Leyland Technologies has one previous CIN (Corporate Identification Number): U34300TN2008PTC067840. The current CIN is U34300TN2008PLC067840, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U34300TN2008PLC067840 | Current |
| U34300TN2008PTC067840 | Previous |
Contact details
Ashok Leyland Technologies Limited's registered office is in Chennai, Tamil Nadu. Its website is ashokleyland.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 1 Sardar Patel Road Guindy, Chennai, Tamil Nadu, India – 600032
- IndustryEngineering, Engineering Design & Consultancy
To see the full contact details of Ashok Leyland Technologies Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Ashok Leyland Technologies operates one associated brand: Ashok Leyland. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Commercial buses and trucks are manufactured by Ashok Leyland. | ashokleyland.com |
Business activity
The main business activity of Ashok Leyland Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Ashok Leyland Technologies Limited, buy the company report.
Financials of Ashok Leyland Technologies Limited
FY 2018 filings availableAshok Leyland Technologies Limited reported revenue of ₹60.1 Cr (down 2% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over three years, including a 2% fall in the latest year. EBITDA fell 5% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
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| Total Expenses | ||||
| EBITDA | ₹36.21 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹20.97 Cr | |||
| Balance Sheet | ||||
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| Reserves and Surplus | ||||
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| Long-term Borrowings | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 60.3% | |||
| Net Profit Margin | 34.9% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
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| Receivable Days | ||||
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| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Ashok Leyland Technologies Limited, buy the company report.
Board of directors and KMP of Ashok Leyland Technologies Limited
Ashok Leyland Technologies Limited currently reports 4 directors and 1 key managerial person. 32 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohana Srinivasan | Director | 29 Mar 2017 | 9 Years 7 Months | As last reported |
| Nandkumar Jeevanrao Khandare | Ceo | 19 May 2017 | 9 Years 5 Months | As last reported |
| Duraiswamy Subramaniam Ramadorai | Director | 29 Mar 2017 | 9 Years 7 Months | As last reported |
| Gopal Mahadevan | Director | 13 Sep 2013 | 13 Years 2 Months | As last reported |
| Nitin Seth | Director | 07 Nov 2012 | 14 Years 0 Months | As last reported |
Auditor
Ashok Leyland Technologies Limited is audited by S.R. BATLIBOI & ASSSOCIATES LLP for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. BATLIBOI & ASSSOCIATES LLP | FY 2016 | 101049W/E3 |
Shareholding
The shareholding of Ashok Leyland Technologies Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ashok Leyland Technologies Limited, buy the company report.
Deals & funding
Ashok Leyland Technologies Limited has 1 deal on record (1 acquisition); the latest was in November 2016.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2016 | Acquisition | Undisclosed | Buyer: Ashok Leyland Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ashok Leyland Technologies Limited has 6 court cases on record: 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 4 | 0 |
| District courts | 2 | 2 | 0 |
Cases on record (4 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Appeal | Filed against the company by Universal Sompo General Insurance Company Ltd., | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by Universal Sompo General Insurance Company Ltd., | Disposed |
| District court, Kancheepuram, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, Perambalur, Tamil Nadu | Motor accident claim | Filed against the company by individuals | Disposed |
To see the full case history of Ashok Leyland Technologies Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ashok Leyland Technologies Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ashok Leyland Technologies Limited has a workforce of 62 employees on its EPFO records as of Dec 2018.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2018-19 | 62 |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Ashok Leyland Technologies Limited, buy the company report.
GST
Ashok Leyland Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCN7741G1ZK | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashok Leyland Technologies Limited, buy the company report.
Recent activity
Ashok Leyland Technologies Limited has 35 board changes on record since 2009: 5 appointments and 30 cessations. The latest: Duraiswamy Subramaniam Ramadorai ceased to be Additional Director on 28 Sep 2017.
26 earlier events are in the company report.
News
Frequently asked questions
Ashok Leyland Technologies has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Ashok Leyland Technologies was a public limited company based in Chennai, Tamil Nadu, India. The company worked in engineering design and consultancy, within the engineering industry. It was incorporated on 22 May 2008 and is registered under CIN U34300TN2008PLC067840. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ashok Leyland Technologies was incorporated on 22 May 2008. It is registered with the Registrar of Companies, Chennai.
Ashok Leyland Technologies had 5 directors and KMP:
- Mohana Srinivasan - Director
- Duraiswamy Subramaniam Ramadorai - Director
- Gopal Mahadevan - Director
- Nitin Seth - Director
- Nandkumar Jeevanrao Khandare - Ceo
The CIN (Corporate Identification Number) of Ashok Leyland Technologies is U34300TN2008PLC067840. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ashok Leyland Technologies is at No 1 Sardar Patel Road Guindy, Chennai, Tamil Nadu, India – 600032.
Ashok Leyland Technologies can be reached through the website ashokleyland.com. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Ashok Leyland Technologies on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 10 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Ashok Leyland Technologies is 33AACCN7741G1ZK, registered in Tamil Nadu.
Ashok Leyland Technologies operated in the engineering industry, in the engineering design and consultancy segment.
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