Ford India Pvt Ltd

Ford India Pvt Ltd

Fortune 500 2024
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OVERVIEW
FINANCIALS

About

Ford commenced its operations in India by establishing a 50-50 joint venture partnership with Mahindra (Mahindra Ford India Ltd) in the mid-1990s. By March 1998, Ford took its ownership to 72%, renamed the company Ford India Private Limited. Over the years, the company has offered some impressive vehicles; however, these cars often fail to maintain buyer interest past the initial few months following their release. In 2021, Ford India announced that it would stop making cars at its two plants – Maraimalai Nagar, near Chennai, and Sanand in Gujarat. The firm left India due to over a decade of financial struggles, $2 billion in losses, and a market share below 2%. Intense competition from domestic brands and the COVID-19 pandemic added to its woes. As of 2025, Ford is showing keen interest to re-enter the Indian market, confirming its intention to utilize the Maraimalainagar plant for manufacturing for export purposes.

Incorporation Year: 1995
Headquarters: Chennai, Tamil Nadu
Industry: Automobiles

Featured In Fortune India Ranking

Fortune 500 India
#347(2024)
#127(2022)
#114(2021)
#347(2024)#127(2022)#114(2021)
Ranking Trend Fortune 500 India

Financial Data 2024

Revenue
6,451
(INR Cr)
Net Operating Income
5,171
(INR Cr)
Assets
3,506
(INR Cr)
Profit
344
(INR Cr)
Net Worth
1,911
(INR Cr)

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Revenue
(INR Cr)
6451
-33.4%
9690
-32.9%
14450
7.6%
13433
-43.7%
23877
-15.2%
28159
14.7%
24561
29.6%
18953
10.2%
17195
45.8%
11792
30.6%
9030
52.9%
5906
-10.6%
6604
17.2%
5637
125.8%
2496
17.8%
2120
-
Net Operating Income
(INR Cr)
5171
-26.95%
7079
-30.61%
10202
-15.39%
12057
-40.28%
20190
-16.58%
24202
12.88%
21441
33.96%
16006
9.59%
14605
23.40%
11836
37.04%
8636
46.23%
5906
-10.57%
6604
17.17%
5637
162.85%
2144
22.23%
1754
-15.20%
Profit
(INR Cr)
344
-31.2%
500
-
-4229
-
-188
-
-5432
-
211
-59.8%
525
-
-521
-
-594
-
-780
-
-597
-
-420
-
-140
-
-108
-
-158
-
-118
-
Assets
(INR Cr)
3506
-4.7%
3679
0.4%
3665
-28.7%
5137
-19.0%
6344
-49.2%
12481
-12.6%
14273
11.3%
12820
-3.9%
13336
9.1%
12224
52.6%
8010
44.2%
5556
59.2%
3490
44.5%
2415
5.4%
2290
24.3%
1842
-
Net Worth
(INR Cr)
1911
21.9%
1568
46.9%
1067
-236.7%
-781
30.9%
-597
-112.3%
4858
5.2%
4617
25.9%
3668
7.1%
3425
-24.0%
4507
34.9%
3341
11.2%
3004
94.3%
1546
68.2%
919
-10.5%
1027
-0.8%
1035
271.9%
Employee Cost
(INR Cr)
107
-48.2%
206
-70.0%
688
13.9%
604
-8.5%
661
4.8%
631
-3.3%
652
6.2%
614
-0.7%
618
37.7%
449
49.2%
301
-
0
-
0
-
0
-
0
-
0
-
Interest Cost
(INR Cr)
1602033584624835926946305941804212160341530
Cash & Bank Balance
(INR Cr)
89791310623801737991042523684847351811604346250268
Total Debt
(INR Cr)
143519152477560867407477897984599183757945952495184614181264807

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Profit As % Of Revenues 5.3%5.2%---0.8%2.1%---------
Profit As % Of Assets 9.8%13.6%---1.7%3.7%---------
Profit As % Of Networth 18.0%31.9%---4.4%11.4%---------
Interest Cost to EBITDA % ------------29.5%16.4%--
Debt to Equity Ratio 0.751.222.32--1.541.942.312.681.681.380.831.191.541.230.78
RONW 1.8%1.7%---2.4%9.9%---------
ROCE 2.6%3.3%0.0%0.0%0.0%4.6%8.4%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%