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SML Isuzu - About the company

SML Isuzu is an acquired company based in Chandigarh (India), founded in 1983. It operates as a Manufactures commercial vehicles.. SML Isuzu has raised an undisclosed amount in funding, with last known valuation of $*****. The company has 257 active competitors, including 19 funded and 14 that have exited. Its top competitors include companies like BYD, Ford and EKA.

Company Details

SML Isuzu Limited is a joint venture between Punjab Tractor Ltd., Mazda Motor Corporation, Japan & Sumitomo Corporation, Japan. It manufactures commercial vehicles including buses, trucks, specialty vehicles like ambulances, etc. It is listed on BSE and NSE.
Email ID
*****@smlisuzu.com
Phone Number
+91 **********
Registered Address
VILLAGE ASRON DISTRICT NAWANSHAHR, Nawanshahr, NAWANSHAHR, Punjab, India, 144533
Key Metrics
Founded Year
1983
Location
Chandigarh, India
Stage
Acquired
Latest Funding Round
Last Known Valuation
$***** as on Apr 28, 2025
Ranked
Annual Revenue
₹2,410Cr as on Mar 31, 2025
Employee Count
1,076 as on Aug 31, 2025
Similar Companies
Exit Details
Acquired by Mahindra (Apr 28, 2025)

SML Isuzu's acquisition details

SML Isuzu got acquired by Mahindra on Apr 28, 2025 at an acquisition amount of $*****.
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SML Isuzu's funding and investors

SML Isuzu has raised funding over 2 rounds. Its first funding round was on Dec 2002. Its latest funding round was a Post IPO round on Apr 13, 2012 for $*****. 1 investor participated in its latest round. SML Isuzu has 3 institutional investors.

Here is the list of recent funding rounds of SML Isuzu:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 13, 2012
4871696
Post IPO
2774933
8738179
1683723
1826598
Dec 2002
6602671
Post IPO
3597863
5431455
3282261
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SML Isuzu's founders and board of directors

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SML Isuzu's employee count trend

SML Isuzu has 1,076 employees as of Aug 25. The total employee count is 3.0% more than what it was in Aug 24. Here is SML Isuzu's employee count trend over the years:
Employee count trend for SML Isuzu
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SML Isuzu's Competitors and alternates

Top competitors of SML Isuzu include BYD, Ford and EKA. Here is the list of Top 10 competitors of SML Isuzu, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for BYD
BYD
1994, Shenzhen (China), Public
Manufacturer of electric cars, sedans, SUVs, batteries, and rail transit
-
74/100
2nd
Logo for Ford
Ford
1903, Dearborn (United States), Public
Automobile and commercial vehicle manufacturer
-
74/100
3rd
Logo for EKA
EKA
2019, Pune (India), Series A
Manufacturer of electric buses trucks and small commercial transport vehicles
$179M
72/100
4th
Logo for PMI Electro Mobility
PMI Electro Mobility
2017, Gurugram (India), Series C
Electric bus manufacturer and e-mobility solutions provider focused on designing and producing battery-electric buses for urban and intercity public transport
$89.2M
66/100
5th
Logo for Ashok Leyland
Ashok Leyland
1948, Chennai (India), Public
Brand of commercial buses and trucks
-
-
65/100
6th
Logo for Eicher Motors
Eicher Motors
1948, Gurugram (India), Public
Manufactures commercial vehicles and two wheelers
$5.71M
64/100
7th
Logo for Mahindra Last Mile Mobility
Mahindra Last Mile Mobility
1994, Mumbai (India), Series C
Manufacturer of petrol, CNG, diesel and electric last mile mobility 3 & 4 wheelers, passenger, and cargo vehicles
$104M
64/100
8th
Logo for Bajaj Auto
Bajaj Auto
1945, Pune (India), Public
Manufacturer of bikes and three wheelers
-
63/100
9th
Logo for Olectra
Olectra
2000, Hyderabad (India), Public
Developer of electric bus
-
63/100
10th
Logo for Qucev
Qucev
2022, Hyderabad (India), Series B
Platform offering electric commercial vehicles
$19.1M
62/100
12th
Logo for SML Isuzu
SML Isuzu
1983, Chandigarh (India), Acquired
Manufactures commercial vehicles.
-
60/100
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SML Isuzu's Investments and acquisitions

SML Isuzu has made no investments or acquisitions yet.

News related to SML Isuzu

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Media has covered SML Isuzu for a total of 2 events in the last 1 year.
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