The Hinduja Group is one of the largest diversified groups in the world with a direct presence in 38 countries and activities spanning across 100 countries. Operating globally in 10 business verticals that range from Banking and Finance to Information Technology Enabled Services, the Hinduja Group enjoys flagship presence through leading companies, some of which are global and national icons.
The Hinduja Group employs over 150,000+ people and has offices in many key cities of the world and all the major cities in India.
Hinduja Family
Srichand P Hinduja – Chairman
Srichand P. Hinduja is the eldest son of P. D. Hinduja, the Founder of Hinduja Group. SP is the head of Hinduja Group Family and Chairman of Hinduja Group and charitable Foundations. After completing his education in 1952, SP joined his father in the family business. SP is married to Madhu and has two daughters, Shanu and Vinoo.
Gopichand P Hinduja – Co-Chairman
Gopichand P. Hinduja, fondly known as ‘GP’ in business circles, is the Co-Chairman of Hinduja Group. GP joined the family business in Mumbai in 1959.
GP graduated from Bombay’s Jai Hind College in 1959. He holds an Honorary Doctorate of Law from the University of Westminster and an Honorary Doctorate of Economics from Richmond College, London.
He is married to Sunita and has two sons, Sanjay and Dheeraj, both actively involved in Hinduja Group businesses and a daughter, Rita. GP’s personal interests are trekking, music, and swimming.
Prakash P Hinduja – Chairman of Hinduja Group (Europe)
Known affectionately as ‘PP’ among his business associates and friends, Prakash P. Hinduja is the Chairman of Hinduja Group in Europe. Since 2008, he is based in Monaco.
After completing his university education, PP joined the family business in Tehran, Iran. He later moved to Geneva in Switzerland and took charge of the Group’s European operations. Thereafter in 2008, he moved to Monaco. PP is married to Kamal, has two sons, Ajay and Ramkrishan, and a daughter, Renuka.
Ashok P Hinduja – Chairman of Hinduja Group (India)
Known affectionately as ‘AP’ among his business associates and friends, Ashok P. Hinduja is the youngest son of P. D. Hinduja, Founder of Hinduja Group and Hinduja Foundation.
A graduate in Commerce from the University of Mumbai, AP has been conferred honorary Doctorates in Law and Economics respectively, by the University of Westminster, UK and Richmond College, UK, and an Honorary Doctorate by European University, Geneva.
Besides reading, AP’s interests include art, architecture, cinema, television, and creative media/entertainment. AP is married to Harsha, has two daughters, Ambika and Satya, and one son, Shom.
List of Hinduja Group Subsidiaries
Ashok Leyland Ltd
Ashok Leyland is the 2nd largest manufacturer of commercial vehicles in India, the 4th largest manufacturer of buses in the world and the 16th largest manufacturer of trucks all around the world.
- Revenue: ₹ 42,894 Cr.
- Market Cap: ₹ 54,083 Cr.
- ROE: 25.23 %
- Sales Growth (3Yrs): 16.01 %
- Promoter holding: 51.13 %
- Debt to equity: 3.64
- Price to book value: 6.35
Headquartered in Chennai, India, Ashok Leyland’s manufacturing footprint is spread across the globe with 8 plants including one at Ras Al Khaimah (UAE).
Ashok Leyland is the largest supplier of mobility solutions to the Indian Army and is its logistics backbone, a segment where the company boasts core competence. With a major presence across 50 countries, Ashok Leyland is one of the most fully-integrated manufacturing companies.
Gulf Oil Lubricants India Ltd
Gulf Oil Lubricants India Ltd (GOLIL) is an established player in the Indian Lubricants Industry catering to all major applications. It supplies to various companies in the automotive, industrial and construction sector and its products are approved by all major original equipment manufacturers (OEMs).
- Revenue: ₹ 3,104 Cr
- Market Cap: 3,726 Cr.
- ROE: 33.74 %
- Sales Growth (3Yrs): 19.04 %
- Promoter holding: 72 %
- Debt to equity: 0.32
- Price to book value: 2.37
It introduced the revolutionary Gulf Super Fleet LE Max in 2006. In 2007, Gulf Pride 4T Plus, India’s first motorcycle engine oil with a drain interval of 10,000 kms was launched. In 2010, it was upgraded to offer a drain interval of up to 40,000 kms and in 2012, it launched Gulf Super Fleet LE Dura Max, India’s first and only 80,000 kms drain interval oil.
Today, Gulf is among the fastest-growing brands in the lubricant industry in India. The brand enjoys the distinction of being in the Top 2 in India in both new generation commercial vehicle and motorcycle engine oils in the ‘bazaar’ market.
IndusInd Bank Ltd
Conceptualized by Srichand P. Hinduja, Chairman of Hinduja Group, the Bank has grown ceaselessly and dynamically as an organization with more than 1000 branches and over 1,800 ATMs spread across the country. IndusInd Bank has been ranked 13th in the Brandz Top 50 Most Valuable Indian Brands 2015, as adjudged by WPP and Millward Brown.
- Market Cap: ₹ 1,12,206 Cr.
- ROE: 13.08 %
- Sales Growth (3Yrs): 23.31 %
- Promoter holding: 13.04 %
- Debt to equity: 7.15
- Price to book value: 2.97
It has a customer base of over 8.5 mn with a market capitalization of $17.01 bn (as of 28th March 2018). The Bank has representative offices in London, Dubai and Abu Dhabi and enjoys clearing bank status for both major stock exchanges – BSE and NSE – and major commodity exchanges in the country including MCX, NCDEX, and NMCE.
Hinduja Global Solutions Ltd
Hinduja Global Solutions (HGS) is a service provider headquartered in Bangalore, India, operating on a global level with over four decades of experience working with some of the world’s most popular brands.
- Market Cap: 1,854 Cr.
- Sales: ₹ 4,490 Cr.
- ROE: 11.25 %
- Sales Growth (3Yrs): 13.19 %
- Promoter holding: 67.72 %
- Debt to equity: 0.12
- Price to book value: 0.64
It operates a global network of 69 customer experience centers with around 45,900 employees across the U.S., Canada, the UK, India, the Netherlands, France, Germany, Italy, Jamaica, UAE, and the Philippines, making a difference to more than 600 of the world’s top brands across nine key verticals. For the year ended (31st March 2017), HGS had revenues of US$ 555 million.
Hinduja Tech
Hinduja Tech is a premier engineering and digital technologies services provider focused on the automotive manufacturing industry using a global delivery model. The company has a 40+ client list from Fortune 100 includes Global OEMs & Tier1, 2 Suppliers in Asia, Europe, the UK, and the USA.
Optare
Optare designs manufacture and sell advanced single deck and double deck buses for a global market place with the support of its parent company, Ashok Leyland. With over a century of expertise in the latest technologies, Optare’s buses operate in the United Kingdom, Continental Europe, North America and further.
Houghton International
Houghton is the global leader in delivering advanced metalworking fluids and services to customers in the automotive, aerospace, steel, aluminum, mining, machinery, offshore and beverage industries. It has a global footprint with sales in over 75 countries which are supported by 12 manufacturing facilities in 10 countries.
Hinduja Leyland Finance
Hinduja Leyland Finance was incorporated on November 12, 2008. HLF’s assets under management have grown at a CAGR of 53% to Rs.10,000 crores (as of March 31, 2016).
HLF finances a wide range of commercial and personal vehicles in the primary as well as the secondary market of used vehicles. These include medium and heavy commercial vehicles (“MHCVs”), light commercial vehicles (“LCVs”), small commercial vehicles (“SCVs”), cars, multi-utility vehicles, three-wheelers, and two-wheelers.
HLF’s vehicle finance business has a diversified customer base comprising of First Time Buyers, Captive Users, Retail Operators, Strategic and Large Fleet Owners, Small Truck Owners and self-employed individuals, who are largely based in urban and semi-urban locations.
HLF also finances tractors and construction equipment and provides loans against property. In September 2015, HLF launched the housing finance business through its wholly-owned subsidiary, Hinduja Housing Finance Limited, which focuses on providing finance for affordable housing loans.
Thanks Adani Group