Hinduja Leyland Finance Ltd
Commercial vehicle and rural-focused lender within the Hinduja group.
Market cap
₹12,496 Cr
53.40 Cr shares
P/E ratio
11.65
Sector average 18
Book value
₹141.27
P/B 1.66
1-year return
+0.24%
52w ₹212 – ₹318
Currently 21% of the way through its 52-week range.
Indicative price history
1Y change
+0.52% ₹233 → ₹234
52-week band in this window: ₹228.19 – ₹301.51. Weekly indicative marks, not exchange-traded prices.
Key highlights
- Deep rural and semi-urban distribution across commercial vehicle, tractor and two-wheeler finance.
- Natural origination flow from Ashok Leyland dealerships.
- Housing finance arm adds a secured, longer-duration book.
About HLF
Hinduja Leyland Finance lends against commercial vehicles, tractors, two-wheelers and construction equipment, with a deliberate tilt toward semi-urban and rural borrowers.
The group also runs a housing finance arm offering affordable home loans and loans against property.
Origination relies on a large branch network and relationships with the group's commercial vehicle dealerships.
Where the revenue comes from
- Commercial vehicle finance41%
New and used CV lending
- Housing finance24%
Affordable housing and LAP through the subsidiary
- Tractor & farm equipment19%
Rural asset-backed lending
- Two-wheeler & other retail16%
Small-ticket retail lending
Products & services
Commercial vehicle finance
New and used CV loans for fleet operators and first-time buyers.
Tractor & farm equipment
Rural asset-backed lending.
Two-wheeler & three-wheeler loans
Small-ticket retail finance.
Housing finance
Affordable home loans and LAP through Hinduja Housing Finance.
What works
- • Deep rural distribution that newer lenders find difficult to replicate.
- • Natural origination flow from the group's commercial vehicle business.
- • Diversified across vehicle finance, housing and SME lending.
What to watch
- • Commercial vehicle finance is cyclical and tracks freight demand closely.
- • Rural borrower cash flows are exposed to monsoon and crop cycles.
- • Group-level events can affect funding cost and perception.
Compare with peers
| Company | Price | Market cap | P/E | P/B | Rev CAGR |
|---|---|---|---|---|---|
| HLFThis page | ₹234.00 | ₹12,496 Cr | 11.65 | 1.66 | +15.08% |
| Hero FinCorp | ₹980.00 | ₹12,642 Cr | 9.52 | 1.35 | +15.82% |
| Care Health | ₹145.00 | ₹15,196 Cr | 16.53 | 3.59 | +20.87% |
Latest reported year: FY26 ending 31 Mar 2026.