Fortune MNC 500 India 2026 edition
Rank#95- Total income
- ₹9,101 Cr
- Profit
- ₹475 Cr
Last year #100
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About Volvo Group
Volvo Group is a publicly listed company based in Goteborg (Sweden) founded in 1927. Brand of commercial vehicles. The company has 101,590 employees. Volvo Group has completed 4 acquisitions, including Designwerk, Renault Trucks and Swecon. Its chief executive, as recorded, is Martin Lundstedt. Its website volvogroup.com draws about 592 thousand monthly visits. Its focus areas include Auto, Auto Brands and Multi Category.
Company details
Volvo Group was founded in 1927 in Gothenburg, Sweden, and operates within the heavy commercial vehicle sector. Products including trucks, buses, and coaches are produced at facilities across 18 countries, with sales conducted in over 190 markets. In 2022, annual revenues of 48.07 billion were recorded, alongside a net profit of 3.71 billion. Operations focus on global manufacturing and distribution of commercial transport solutions.
Volvo Group is ranked #95 on the Fortune MNC 500 India (2026).
Recognitions & Rankings of Volvo Group
Operational Areas
Key Metrics
- Annual Revenue$52.03 B (USD)-9.04as on Dec 31, 2025
- Net Profit$3.74 B (USD)-31.62as on Dec 31, 2025
- EBITDA$7.24 B (USD)-24.14as on Dec 31, 2025
- Latest Funding Round$44.79K (USD), Grant
Feb 2021
- InvestorsRenault Group
& 3 more
- Employee Count101,590
- Investments & AcquisitionsDesignwerk
& 3 more
Associated legal entities of Volvo Group
Volvo Group is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Volvo Group India Private Limited CIN U50101KA1996PTC024176 | Active | 02 Aug 1996 | Bangalore, Karnataka | ₹5,488 Cr | 4,118 | 8 | View details |
| Volvo Ce India Private Limited CIN U29304KA2018FTC114454 | Active | 03 Jul 2018 | Bangalore, Karnataka | ₹2,287 Cr | 299 | 8 | View details |
Apps and channels of Volvo Group
its YouTube channel Volvo Group has 546K subscribers and 30 videos.
Volvo Group
Open channelVideos from Volvo Group
The most watched videos on Volvo Group's YouTube channel, Volvo Group (546K subscribers). Click a video to play it here.
Our road to net zero – Volvo Group keynote at CES 2025
Our three part approach to net zero – Volvo Group keynote at CES 2025
The future of autonomous transportation - Volvo Group keynote at CES 2025
The Equation - Volvo Group keynote at CES 2025
More on Volvo Group .
Funding Insights of Volvo Group
- Total Rounds 20
- Last Round Grant — $44,794
- Investors Count 4
Latest 10 of 20 funding rounds of Volvo Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2021 | $44,794 | Grant | – | – | |
| Dec 2020 | $996,878 | Grant | – | – | |
| Jan 2020 | $1.78M | Grant | – | – | |
| Jan 2020 | $2.04M | Grant | – | – | |
| Oct 2018 | $3.45M | Grant | – | – | |
| Oct 2018 | $244,565 | Grant | – | – | |
| Jun 2018 | Post-IPO | – | – | ||
| Jun 2018 | $2.24M | Grant | – | – | |
| Jan 2018 | $1.28M | Grant | – | – | |
| Jan 2018 | $1.73M | Grant | – | – |
Valuation history
4 investors in total: 4 institutional.
Investors in Volvo Group
Volvo Group has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include Renault Group, European Union and Geely Holding Group.
All
Institutional
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
| geelyholding.com | ||||
Automotive vehicles including cars and commercial types are manufactured globally. | 1899 | group.renault.com | ||
Scientific and technical information is managed and disseminated by OSTI.GOV. | osti.gov | Oak Ridge, United States |
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Investor details for Volvo Group
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Volvo Group
The boards of the 2 registered companies of Volvo Group currently have 12 directors; the longest-serving is Kamal Bali, appointed in 2014. 52 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kamal Bali DIN 00688141 | Managing Director | 01 Apr 2014 | 12 yrs 7 mo | Volvo Group India Private Limited |
| Niklas Valdemar Gustafsson DIN 06895419 | Director | 01 Apr 2014 | 12 yrs 7 mo | Volvo Group India Private Limited |
| Dimitrov Krishnan DIN 08052000 | Managing Director | 03 Jul 2018 | 8 yrs 4 mo | Volvo Ce India Private Limited |
| Knight Mark Andrew DIN 08171706 | Director | 03 Jul 2018 | 8 yrs 4 mo | Volvo Ce India Private Limited |
| Gangadhar Somasundaram DIN 08442843 | Director | 01 May 2019 | 7 yrs 6 mo | Volvo Group India Private Limited |
| Mirko Scarana DIN 09054622 | Director | 25 Mar 2021 | 5 yrs 7 mo | Volvo Ce India Private Limited |
| Deepak Dinkar Joshi DIN 09373910 | Director | 07 Dec 2021 | 4 yrs 10 mo | Volvo Ce India Private Limited |
| Dharmendra Pandey DIN 09388819 | Director | 07 Dec 2021 | 4 yrs 10 mo | Volvo Ce India Private Limited |
| Sofia Helena Frandberg DIN 06516556 | Director | 16 Jun 2023 | 3 yrs 4 mo | Volvo Group India Private Limited |
| Joseph Rajaratnam Satish Rajkumar DIN 10648317 | Director | 14 Jun 2024 | 2 yrs 4 mo | Volvo Group India Private Limited |
| Johan Peter Herberts DIN 10922636 | Additional Director | 31 Jan 2025 | 1 yr 9 mo | Volvo Group India Private Limited |
| Rohnny Marie R Van Calck DIN 11310489 | Director | 25 Sep 2025 | 1 yr 1 mo | Volvo Ce India Private Limited |
People of Volvo Group
878 people are tracked at Volvo Group (257 in leadership, 16 in board & advisors, 605 in team); the tracked headcount is 101,590.
| Name | Role | Group |
|---|---|---|
Martin Lundstedt | CEO & President | Leadership |
Jan Gustav Gurander | Ex-Deputy CEO | Leadership |
Scott Rafkin | EVP, Chief Digital Officer | Leadership |
Mike Hatrick | Vice President IP Strategy & Portfolio | Leadership |
Jens Holtinger | Executive Vice President Group Trucks Technology and Volvo Group Chief Technology Officer | Leadership |
Aravind Kailas | Advanced Technology Policy Director | Leadership |
Julie Wellisley | HR Director | Leadership |
Roger Alm | EVP, Volvo Group & President, Volvo Trucks | Leadership |
Petra Dahlberg | Director Internal Logistic Development At Volvo Group Trucks Operations | Leadership |
Esbjörn Johansson | M&a Director | Leadership |
Stephen Wong | Director Finance Strategy & Structure | Leadership |
Sergey Kim | Chief Accountant At Volvo Ukraine | Leadership |
Sarah Hellstrom | Vp, Head Of Core Platform Area Product Lifecycle Mgmt. / Product Data Mgmt. | Leadership |
Anna Maria Bentzer | People & Culture Partner | Leadership |
Heimo Schreier | Director - Complete Electric Propulsion System & Platform | Leadership |
Marcus Andersson | Director Enterprise IT Security, Head Of Cyber Resilience And Problem Management | Leadership |
Sushma Ramegowda | Director Digital Operations India | Leadership |
Arnaud Dupont | Head Of Business Control EMD BU Operations | Leadership |
Keith Brandis | Vice President, Partnerships And Strategic Solutions | Leadership |
Lorik Abdullai | Head Of Project Management Purchasing North America | Leadership |
858 more people are available in the full profile.
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Complete people profiles for Volvo Group
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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IPO & Listings of Volvo Group
Volvo Group is a publicly listed company on the OMXSTO with ticker symbol VOLV_A in Sweden, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date08 Oct 2004
- Listed onAKT: VOLV-B
- Listed entityVolvo AB Class A
- Exchange sectorProducer manufacturing
- ISINSE0000115420
- Share price316.40 SEK (+0.25% on the day) · 2026-10-14
- Market capitalisation641,757,462,301.00 SEK
- Price to earnings18.0
- EPS (diluted, trailing year)17.63 SEK
- Dividend yield2.68%
- Volume (last session)3,879
Financials of Volvo Group
Figures of Volvo Group India Private Limited, the primary company behind Volvo Group, for FY 2025. Revenue was ₹5,488 Cr (+13% year on year). Net profit was ₹379 Cr (7% margin). EBITDA was ₹668 Cr (12% margin). Revenue has grown at a compounded annual rate of +30% over three years and +18% over five years.
- ₹5,488 CrRevenue · FY 2025 · +13% YoY
- ₹379 CrNet profit · 7% margin
- ₹668 CrEBITDA · 12% margin
- ₹10.50 CrPaid-up capital
- 4,118Employees (provident fund records)
- +30%Revenue CAGR, 3 years
- +18%Revenue CAGR, 5 years
Exchange-reported annual figures
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 479.18B SEK | 34.46B SEK | 66.71B SEK |
| 2024 | 526.82B SEK | 50.39B SEK | 87.93B SEK |
| 2023 | 552.25B SEK | 49.83B SEK | 99.05B SEK |
| 2022 | 473.48B SEK | 32.72B SEK | 70.76B SEK |
| 2021 | 372.22B SEK | 32.79B SEK | 61.09B SEK |
Balance sheet, profit and loss, cash flow and ratios of Volvo Group India Private Limited are on its company page.
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Detailed financial statements for Volvo Group
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Investments & Acquisitions by Volvo Group
Volvo Group has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Designwerk, Renault Trucks and Swecon.
Acquisitions
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Construction machinery and services are supplied across multiple countries. | swecon.com | Eskilstuna, Sweden | 1999 | Jun 2025 | $723.62M | |
Electromobility solutions and chargers are developed by Designwerk. | designwerk.com | Winterthur, Switzerland | 2007 | Apr 2021 | •••• | |
A premier global telematics service provider for automotive OEMs | wirelesscar.com | Gothenburg, Sweden | 1999 | Sep 2007 | •••• | |
Trucks and transport solutions are designed, produced, and distributed. | renault-trucks.com | Lyon, France | 1978 | Apr 2000 | $2B |
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Complete acquisition details for Volvo Group
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
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Timeline of Volvo Group
8 dated milestones of Volvo Group across 98 years, from founding to its latest funding, stage changes and deals.
- Founded Volvo Group is founded.
- Acquisition Acquires Renault Trucks.
- Funding First funding round.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Wireless Car.
- Funding Latest funding round, Grant, of $45K.
- Acquisition Acquires Designwerk.
- Acquisition Acquires Swecon.
Web traffic of Volvo Group
The website of Volvo Group (volvogroup.com) receives about 591.7K visits a month and ranks #96,783 among all websites worldwide, #2,485 in Business and Consumer Services.
- Monthly visits591.7K
▲ 12.5% vs previous month
- Unique visitors241.5K
per month
- Global rank#96,783
among all websites
- Category rank#2,485
Business and Consumer Services
Visitor engagement
- Bounce rate42%
- Pages per visit2.6
- Average visit1 min 26 sec
- DevicesDesktop 49% · Mobile 51%
Similar websites
Websites whose visitors overlap most with Volvo Group. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| coca-colacompany.com | 100% | 945.7K | #73,925 | View details | |
| volvo.com | 70% | #33,947 | View details | ||
| volvocars.com | 69% | 10.4M | #5,543 | View details | |
nussgrp.com | nussgrp.com | 67% | #4,141,797 | – | |
| accenture.com | 67% | 13.4M | #3,102 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
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Related news about Volvo Group
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Frequently Asked Questions about Volvo Group
Volvo Group was founded in 1927 and raised its 1st funding round 74 years after it was founded.
Volvo Group is headquartered in Goteborg, Sweden. It is registered at Goteborg, Vastra Gotaland, Sweden.
Martin Lundstedt is the CEO of Volvo Group, as recorded in our data.
Volvo Group has 101,590 employees.
Annual revenue of Volvo Group is $52.03B as on Dec 31, 2025.
Volvo Group was founded in 1927 in Gothenburg, Sweden, and operates within the heavy commercial vehicle sector. Products including trucks, buses, and coaches are produced at facilities across 18 countries, with sales conducted in over 190 markets. In 2022, annual revenues of 48.07 billion were recorded, alongside a net profit of 3.71 billion. Operations focus on global manufacturing and distribution of commercial transport solutions.
Yes, Volvo Group is publicly traded on OMXSTO under the ticker symbol VOLV_A.
Volvo Group has made 4 acquisitions, including Designwerk, Renault Trucks, and Swecon.
Volvo Group has 4 investors. Key investors include Renault Group, European Union, Geely Holding Group, and OSTI.GOV.
Volvo Group is associated with 2 legal entities: Volvo Group India Private Limited, Volvo Ce India Private Limited.
The legal entities of Volvo Group currently have 16 directors, including Kamal Bali, Laxminarayana Hegde, Niklas Valdemar Gustafsson and others.
The website of Volvo Group receives about 592 thousand visits a month and ranks #96,783 among all websites worldwide.