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- Hinduja Leyland Finance
Hinduja Leyland Finance Valuation, Funding & Investors
Hinduja Leyland Finance is valued at $223M as of July 2013.
Last Hinduja Leyland Finance valuation
$223M
Undisclosed stage · Jul 2013
Last Hinduja Leyland Finance funding round
$111M
Undisclosed stage · Oct 2022
Cumulative funding Hinduja Leyland Finance raised
$144M
across 2 funding rounds
Key investors in Hinduja Leyland Finance
Everstone Capital
Ashok Leyland
About Hinduja Leyland Finance
Hinduja Leyland Finance is a Chennai-headquartered non-banking financial company registered with the Reserve Bank of India, specializing in loans for commercial vehicles, tractors, cars, and two-wheelers in semi-urban and rural markets. It maintains a network of over 700 branches across 19 Indian states including Tamil Nadu, Maharashtra, and Uttar Pradesh. Focused on underserved borrowers, the firm finances Ashok Leyland trucks and Mahindra tractors through flexible repayment plans tailored to agricultural and transport businesses.
Founded
2008
HQ
Website
Status
Privately held
Customer focus
B2C & B2B
Revenue model
Services
Valuation
$223M (Jul 2013)
Hinduja Leyland Finance Valuation
Hinduja Leyland Finance is currently valued at $223M, based on its undisclosed-stage round in July 2013. Read the announcement ↗
The $33M round included Everstone Capital.
Hinduja Leyland Finance valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jul 2013 | Undisclosed stage | $223M |
Hinduja Leyland Finance Funding History
Hinduja Leyland Finance has raised a total of $144M across 2 funding rounds, plus 1 secondary share sale.
Hinduja Leyland Finance's first fundraising round was a $33M undisclosed-stage round in July 2013. The most recent completed round was a $111M undisclosed-stage round in October 2022.
Hinduja Leyland Finance funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Oct 2022 | Undisclosed stage | - | $111M | - | - |
| Feb 2020 | Secondary | Ashok Leyland (lead) | $55M | - | Hinduja Leyland Finance is a non-banking financial company providing vehicle financing, particularly heavy vehicle financing in partnership with Ashok Leyland, and loan against property products. In FY 2019-20, it reported revenue from operations of Rs 2,927.48 crore, net profit of Rs 292 crore, net worth of Rs 3,246 crore, and assets under management of Rs 26,451 crore. Disbursements totaled Rs 13,565 crore, with standard assets at 95.6% of AUM and non-performing assets at 2.6% after provisioning. Ashok Leyland invested in Hinduja Leyland Finance around 2020, with a noted investment of Rs 90 crore in FY 2020-21. The company maintained strong financial positioning with 6% net profit growth over the prior year. |
| Jul 2013 | Undisclosed stage | Everstone Capital | $33M | $223M | Everstone Capital agreed in July 2013 to acquire a 15 percent stake in Hinduja Leyland Finance for INR 2 billion, equivalent to about USD 33.6 million. Hinduja Leyland Finance is the commercial vehicle financing arm of the Hinduja Group and is jointly owned by Ashok Leyland and the Hinduja Group. The company said it planned to use the new capital for growth. The company was incorporated in 2008 and operates as a non-banking finance company, with operations headquartered in Chennai. It finances commercial vehicles in the primary and used-vehicle markets, as well as construction equipment, tractors, cars and two-wheelers. |
Who has invested in Hinduja Leyland Finance?
2 investors have backed Hinduja Leyland Finance across its funding rounds, including Everstone Capital and Ashok Leyland.
Lead investors include Ashok Leyland.
Hinduja Leyland Finance Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 2 Hinduja Leyland Finance investors. Start Free Trial | ||||
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Start Free TrialHinduja Leyland Finance Competitors
Hinduja Leyland Finance competitors include listed companies like Medallion Financial, Kina Securities and Eqdom, and private ones like Auxilo, Rupeek and Old Glory Bank.
| Company | HQ | Status | Revenue | Valuation | Revenue Multiple |
|---|---|---|---|---|---|
| Private | $58M | $225M | 3.9x | ||
| Publicly listed | $243M | $226M | 1.8x | ||
| Private | $10M | $219M | 21.9x | ||
| Publicly listed | $138M | $218M | 1.9x | ||
| Publicly listed | $200M | $247M | - | ||
| Private | - | $250M | - |
Hinduja Leyland Finance Public Comps
Hinduja Leyland Finance is still privately-owned, but its public comps include SR Accord, ESAF Small Finance Bank, GBank Financial Holdings, Fusion Finance, Meridian, Resimac Group, Medallion Financial, Citizens Community, Michlol Finance and RentGuarantor Holdings.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $72M | $47M | 9.6x | - | 14.8x | - | |||
| $265M | - | 0.8x | - | - | - | |||
| $74M | - | 3.0x | 2.7x | - | - | |||
| $159M | ($7M) | 3.8x | 4.4x | (79.8x) | - | |||
| $127M | - | 1.7x | 1.7x | - | - | |||
| $113M | - | 98.8x | 20.3x | - | - | |||
| $243M | - | 1.7x | 1.8x | - | - | |||
| $62M | - | 3.6x | 3.4x | - | - | |||
This data is available for Pro users. Sign up to see all Hinduja Leyland Finance competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Hinduja Leyland Finance
| When was Hinduja Leyland Finance founded? | Hinduja Leyland Finance was founded in 2008. |
| Where is Hinduja Leyland Finance headquartered? | Hinduja Leyland Finance is headquartered in Chennai, India. |
| Is Hinduja Leyland Finance publicly listed? | No, Hinduja Leyland Finance is a private, VC-backed company. |
| What is Hinduja Leyland Finance's valuation? | Hinduja Leyland Finance was last valued at $223M in its undisclosed-stage round in July 2013. |
| How much funding has Hinduja Leyland Finance raised? | Hinduja Leyland Finance has raised $144M across 2 funding rounds. |
| What was Hinduja Leyland Finance's last funding round? | Hinduja Leyland Finance's last funding round was a $111M undisclosed-stage round in October 2022. |
| Who are Hinduja Leyland Finance's investors? | Hinduja Leyland Finance's investors include Everstone Capital and Ashok Leyland. |
| Which companies are comparable to Hinduja Leyland Finance? | Companies comparable to Hinduja Leyland Finance include Auxilo, Medallion Financial, Rupeek, Kina Securities, Eqdom and Old Glory Bank. |
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