PTL Enterprises Limited is a holding company. The Company's principal business activity is leasing. The Company has one segment, namely Lease of Plant segment. The Lease of Plant segment consists of the income from lease of Plant to Apollo Tyres Ltd. The truck-bus, cross ply tires manufactured at the Company's plant, which are leased to Apollo Tyres Ltd under the brand name Apollo, are sold/exported by Apollo Tyres Ltd. The Company's subsidiaries include Classic Auto Tubes Ltd, Sunrays Global Consultants LLP, CATL Financial Services LLP and Vilas Polymers Ltd.
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