Hinduja Leyland Finance
Hinduja Leyland Finance Limited
- CIN
- —
- ISIN
- INE146O01014
- Incorporated
- —
- Registered state
- —
Key valuation
- Market cap
- ₹13,196 Cr
- P/E
- 15.0x
- Debt / equity
- 5.6x
- Shares outstanding
- 54,52,70,000
Prices shown are indicative, dealer-quoted and updated periodically — they are not exchange-traded prices and may differ from the price at which a transaction is finally executed.
Price history
Dated dealer-quote averages, plotted on a true time scale. There is no continuous trading behind these numbers.
Business overview
Hinduja Leyland Finance is the NBFC arm of the Hinduja Group, set up as a joint venture with Ashok Leyland, which as commercial vehicle makers go is about as big as India gets. It lends to individuals, small businesses and corporates. The book is mostly vehicles. Commercial and passenger vehicle finance, construction equipment and asset financing, then personal loans, business loans and a few other retail products layered on. Reach across the country is fairly wide with the weight sitting in transportation, logistics and infrastructure, sectors where a standard loan product usually doesnt fit and things end up tailored. Digital platforms have taken over more of the process over time, mostly to get approvals moving faster. Truck buyers and small fleet operators are not customers a large bank chases very hard, and that gap is roughly where HLFL works.
Key highlights
- Incorporated in 2008
Financial snapshot
FY2026
- Revenue FY2026
- ₹7,866.88 Cr
- EBITDA
- ₹5,326.81 Cr
- PAT
- ₹879.77 Cr
- Net worth
- ₹10,504.83 Cr
- Total debt
- ₹59,008.43 Cr
- Cash & equivalents
- ₹3,725.64 Cr
- Operating cash flow
- ₹-9,819.18 Cr
- EPS
- ₹16.13
Reported financials · FY2023–FY2026
Figures in ₹ crore unless stated.
| Particulars | FY2023 | FY2024 | FY2025 | FY2026 | YoY | CAGR |
|---|---|---|---|---|---|---|
| Profit & loss | ||||||
| Revenue from operationsYoY +28.3%CAGR +31.6% | 3,452 | 4,573 | 6,134 | 7,867 | +28.3% | +31.6% |
| Other income | 49 | 87 | 147 | 258 | — | — |
| Total expenses | 2,845 | 3,814 | 5,235 | 6,932 | — | — |
| EBITDAYoY +17.8%CAGR +31.5% | 2,344 | 3,362 | 4,520 | 5,327 | +17.8% | +31.5% |
| Depreciation & amortisation | 19 | 46 | 87 | 112 | — | — |
| EBIT | 2,325 | 3,316 | 4,433 | 5,215 | — | — |
| Finance cost | 1,721 | 2,562 | 3,540 | 4,286 | — | — |
| Profit before taxYoY +14.2%CAGR +22.1% | 653 | 841 | 1,040 | 1,187 | +14.2% | +22.1% |
| Tax expense | 163 | 205 | 266 | 307 | — | — |
| Profit after taxYoY +230.7%CAGR +21.5% | 490 | 636 | 266 | 880 | +230.7% | +21.5% |
| Earnings per share | ₹8.99 | ₹11.67 | ₹4.88 | ₹16.13 | — | — |
| Balance sheet | ||||||
| Net worthYoY +20.8%CAGR +23.3% | 5,599 | 6,811 | 8,695 | 10,505 | +20.8% | +23.3% |
| Total debt | 23,933 | 34,599 | 41,298 | 59,008 | — | — |
| Current liabilities | 26,593 | 37,569 | 46,926 | — | — | — |
| Fixed assets | — | — | 464 | 517 | — | — |
| Cash & equivalents | 1,048 | 2,910 | 3,182 | 3,726 | — | — |
| Current assets | 32,126 | 44,234 | 55,743 | — | — | — |
| Total assetsYoY +27.6%CAGR +30.5% | 32,419 | 44,877 | 56,532 | 72,126 | +27.6% | +30.5% |
| Cash flow | ||||||
| Operating activities | -6,174 | -8,365 | -7,219 | -9,819 | — | — |
| Investing activities | -831 | -422 | -1,736 | -2,611 | — | — |
| Financing activities | 7,240 | 10,648 | 9,228 | 12,973 | — | — |
| Net change in cash | 235 | 1,862 | 273 | 543 | — | — |
Revenue, EBITDA and PAT
₹ crore. A year with no reported figure is left out rather than drawn as zero.
- Revenue
- EBITDA
- PAT
Every ratio here is worked out from the reported figures in the Financials tab, and valuation multiples from the indicative price in the header. Nothing is a stored value. A ratio the filings cannot support (a line not reported, or a zero or negative base) is left out or shown as —, never as a misleading number. Balance-sheet ratios use year-end figures.
Valuation multiples
What the indicative price pays for the latest year's earnings, book and cash. On FY2026 figures and the ₹242 indicative price.
- Market cap
- ₹13,196 Cr
- Enterprise value
- ₹68,478 Cr
- Price / earnings (P/E)
- 15.00x
- Price / book (P/B)
- 1.26x
- Price / sales (P/S)
- 1.68x
- EV / EBITDA
- 12.86x
- EV / EBIT
- 13.13x
- EV / sales
- 8.70x
- Earnings yield
- 6.7%
- Cash / market cap
- 28.2%
How these are worked out
- Market cap
- Indicative price × shares outstanding
- Enterprise value
- Market cap + debt − cash
- Price / earnings (P/E)
- Market cap ÷ PAT (profitable years only)
- Price / book (P/B)
- Market cap ÷ net worth
- Price / sales (P/S)
- Market cap ÷ revenue from operations
- EV / EBITDA
- Enterprise value ÷ EBITDA
- EV / EBIT
- Enterprise value ÷ (EBITDA − depreciation)
- EV / sales
- Enterprise value ÷ revenue from operations
- Earnings yield
- PAT ÷ market cap
- Cash / market cap
- Cash & equivalents ÷ market cap
IPO / listing status
The company has not announced IPO details such as a DRHP filing, an expected window or its bankers. This section will update once it does.
Research & news
Information currently unavailable
Nothing has been published on Hinduja Leyland Finance yet. Research, news and articles tagged with it will appear here when they are.
Documents
Information currently unavailable
No documents have been catalogued for this company yet.