OLS
OLS (Oil Lube Systems) is a Faridabad-based Indian manufacturer of automotive garage equipment, mobile service vans, and workshop automation solutions serving 60+ OEM customers across passenger, two-wheeler, tractor, commercial vehicle, and EV segments, with operations in 42 countries.
- Company typePrivate
- Founded2001
- HeadquartersHaryana, India
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What OLS does
OLS (Oil Lube Systems Pvt. Ltd.) is an Indian automotive garage equipment manufacturer established in 2001 and headquartered in Faridabad, Haryana. The company designs and fabricates workshop equipment across five core product lines — four-wheeler, two-wheeler, tractor, commercial vehicle, and EV garage equipment — plus a differentiated mobile service van business that builds customised workshop-on-wheels solutions on OEM vehicle platforms including TATA, Toyota, Honda, Mahindra, and Volkswagen. Manufacturing is anchored by four plants in Faridabad equipped with CNC laser cutting, punching, bending, and automated powder coating systems, operating under ISO 9001:2015 certification.
The company serves enterprise B2B customers, primarily automotive OEMs and their dealer networks, with 60+ OEM approvals from leading Indian and global manufacturers including Honda, Tata Motors, Toyota, Mahindra, Hyundai, Eicher, Royal Enfield, Bajaj Auto, TAFE, and John Deere. Revenue is generated through one-time hardware sales of workshop equipment, mobile service vans, and turnkey workshop automation projects, supplemented by post-installation training and warranty service contracts. Distribution combines direct OEM sales through four regional offices across India with international channels in 42 countries across Asia, the Middle East, and Africa.
Ownership is concentrated with founder B.N. Pandey (Managing Director), and the company has remained bootstrapped without external institutional investment. Beyond automotive OEMs, OLS has expanded into adjacent verticals including electronics (via LG Electronics partnership), construction and mining equipment, and government skill-development institutes. The EV garage equipment line and container-based mobile workshops represent the most recent product extensions aimed at capturing demand from electrification and the shift toward doorstep service models.
OLS firmographics
Firmographics- Name
- OLS
- Legal name
- Oil Lube Systems Pvt. Ltd.
- Website
- https://oillubesystems.com
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- OLS (Oil Lube Systems) is a Faridabad-based Indian manufacturer of automotive garage equipment, mobile service vans, and workshop automation solutions serving 60+ OEM customers across passenger, two-wheeler, tractor, commercial vehicle, and EV segments, with operations in 42 countries.
- Ownership category
- akta.pro rank
OLS industry classification
Industry- Product category
- Automotive Garage Equipment
- NAICS
- All Other Miscellaneous General Purpose Machinery Manufacturing (333998)
- SIC
- Construction, Mining & Materials Handling Machinery & Equip (3530)
- akta.pro primary industry
- Aftermarket Tools, Equipment & Garage Accessories Manufacturing (Jacks/Lifts/Diagnostic Tools/Compressors) (IMACANAM)
Keywords
Where OLS is headquartered
LocationHeadquarters
- HQ city
- Haryana
- HQ country
- India
- HQ region
- Asia
Offices9 records
Markets served
OLS business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Equipment Manufacturing: Manufacturing and sale of automotive garage equipment including lifts, tools trolleys, tyre equipment, oil management systems, and workshop furniture. One-time hardware sales with optional maintenance contracts.
- Mobile Service Vans: Customised mobile service vans built on various vehicle platforms (TATA, Toyota, Honda, Mahindra, etc.) for OEM dealership networks and doorstep service operations.
- Turnkey Projects: Complete workshop automation projects including design, installation, and commissioning. Undertaking turnkey projects with complete solution under one roof.
- Installation and Training Services: Post installation training programs on operation, preventive maintenance and safety of equipment. Four free service visits during warranty period.
Go-to-market motion3 records
Distribution channels3 records
Marketing channels6 records
OLS product offering
Product offeringCore offering
OLS manufactures and supplies automotive garage equipment for four-wheeler, two-wheeler, tractor, commercial vehicle, and electric vehicle workshops. The product range includes vehicle lifts, tools trolleys, tyre shop equipment, oil management systems, battery chargers, pneumatic tools, hydraulic presses, painting booths, and engine service equipment, along with customized mobile service vans and turnkey workshop automation solutions for OEM dealership networks.
Product overview
Oil Lube Systems Pvt. Ltd. (OLSPL) is an automotive garage equipment manufacturer based in Faridabad, India, established in 2001. The company operates as a total supplier of garage equipment with complete focus on the automotive industry. OLS offers a diversified portfolio organized into five main product categories: (1) Four Wheeler Garage Equipments including two post lifts, dual scissor lifts, tools trolleys, engine service equipment, tyre shop equipment, oil management systems, battery chargers, and bodyshop tools; (2) Two Wheeler Garage Equipments including scissor lifts, workstation panels, tools trolleys, wheel service equipment, battery chargers, pneumatic tools, and automated paint booths; (3) Tractor Garage Equipments including lifts, tools trolleys, parts trolleys, engine overhauling fixtures, oil management systems, and battery management; (4) Commercial Vehicle Garage Equipments including heavy-duty lifts (4,082 kg), 3D wheel aligners, wheel balancers, automatic tyre changers, hydraulic presses, and workshop automation; and (5) Mobile Service Concept Vans/Bikes including customized mobile workshops on TATA, Toyota, Eicher, Mahindra, Honda, and other platforms for 4-wheelers, 2-wheelers, commercial vehicles, tractors, as well as mobile training vans, container workshops, and e-learning vans. The company also provides EV Garage Equipments for electric vehicle service including EV chargers, battery lifts, insulated tools, and AC recovery machines. Approved by 60+ OEMs, OLS serves the automotive, construction, mining, and electronics industries across Asia, Africa, and the Middle East.
Differentiator
Problem solved
Functional benefit
Brands
- OLS Mobile Vans: Mobile service vans and concept vehicles for automotive service
- OLS Media Online
Products and services
- Four Wheeler Garage Equipment Complete range of garage equipment for passenger car workshops, including two post lifts, dual scissor lifts, car washing lifts, tools trolleys, engine service equipment, tyre shop equipment, bodyshop tools, pneumatic tools, oil management systems, battery chargers/testers, electronic/HVAC tools, and integrated workshop automation solutions. Designed for OEM dealership workshops and authorized service centers.
- Two Wheeler Garage Equipment Comprehensive equipment for motorcycle and scooter service workshops, including standard/portable/heavy-duty scissor lifts, bike service lifts, workstation panels, tools trolleys, wheel service equipment, engine room tools, battery chargers/testers, pneumatic tools, oil management systems, automated paint booths, and washing/cleaning equipment. Targeted at two-wheeler OEM dealerships such as Honda 2W, Bajaj, Mahindra 2W, Royal Enfield, and Harley Davidson.
- Tractor Garage Equipment Specialized equipment for tractor and farm equipment service workshops, including scissor lifts, tools and parts trolleys, tyre shop equipment, engine overhauling fixtures, hydraulic jib cranes, oil management systems (waste oil disposers, digital oil dispensers, oil filtration units), battery management equipment, pneumatic tools, and tractor workshop automation. Sold to tractor OEMs such as Escorts, Sonalika, TAFE, New Holland, and John Deere.
- Commercial Vehicle Garage Equipment Heavy-duty workshop equipment for trucks, buses and light commercial vehicles, including two post lifts (4,082 kg capacity), four post lifts, 3D wheel aligners with CCD Bluetooth, wheel balancers, automatic tyre changers, nitrogen inflators, engine workstations, hydraulic presses (5-40 ton), engine/transmission stands, jib cranes, parts washers, oil management systems, battery chargers/testers, and heavy/light commercial vehicle workshop automation. Sold to commercial vehicle OEMs and fleet operators.
- EV Garage Equipment Specialized equipment for electric vehicle workshops, including 7.5KW 220V AC EV chargers, EV battery lifts, insulated workstations, insulated tool kits, digital insulation/megohmmeter testers, EV safety kits, battery-operated stacker lifts for EV battery handling, and AC recovery machines for hybrid/EV systems. Designed to address EV-specific safety, battery handling, and new EV service standards.
- Mobile Service Concept Vans Customized mobile service vans built on multiple vehicle platforms (TATA, Toyota, Eicher, Mahindra, Honda, Force, Volkswagen, Maruti Suzuki, Nexa, Hyundai, KIA, VW, Skoda, Escorts Tractors) and equipped with complete workshop equipment for doorstep vehicle service. Offered for 4-wheelers, 2-wheelers, heavy/light commercial vehicles, construction/mining industry, tractors, mobile training, mobile showrooms, e-learning vans, and container workshops. OLS is positioned as a pioneer in this concept.
- Mobile Service Bike Kit Compact mobile service equipment kits mounted on two-wheelers for roadside assistance and doorstep service of motorcycles and scooters. Kits available for Sonalika, Escorts, Eicher, Mahindra, New Holland, Tafe, and Renault two-wheeler service bikes.
- Container Workshop Fully equipped container-based mobile workshops with built-in facilities including scissor lifts, air compressors, waste oil collection tanks, spare parts cabinets, awnings, vacuum cleaners, pneumatic accessories, battery boosters, hydraulic powerpacks, tools trolleys, AC recycling machines, plus amenities such as fan, whiteboard, water dispenser, fire extinguisher, camera, WiFi, and side doors for rapid deployment.
- Turnkey Workshop Automation Projects End-to-end turnkey workshop automation solutions covering concept design, equipment supply, installation, commissioning, and post-installation training on operation, preventive maintenance, and safety of equipment. Includes four free service visits during the warranty period. Delivered to automotive OEMs, dealership networks, and government ITI training institutes.
- Installation, Training and After-Sales Service Post-installation training programs covering operation, preventive maintenance and safety of equipment, plus four free service visits during the two-year comprehensive warranty period. Service requests are attended within 24-72 hours through OLS's pan-India service network of 40+ service personnel.
Quantifiable outcome
- Two-year comprehensive warranty on total package
- +3 more outcomes
Companies that use OLS
Customer profileNamed customers15 records
Segments8 records
Ideal customer profiles3 records
OLS technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
OLS partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered flagship and core.
- Tata Motors Ltd.flagshipAssociation with Tata Motors for designing, developing and automating Govt. I.T.I. at Jahangirpuri, New Delhi. Also collaborating on mobile service van initiatives from conceptualization to design and development.
- Honda Cars IndiacoreApproved supplier of complete workshop equipment for Honda car dealership workshops across India.
- Eicher MotorscoreWorkshop equipment supplier for Eicher commercial vehicle dealership workshops.
- Hyundai Motor IndiacoreApproved workshop equipment provider for Hyundai car workshops.
- Volkswagen IndiaflagshipMobile service concept van collaboration from conceptualization to design and development for Volkswagen.
- Toyota IndiaflagshipMobile service van initiatives for Toyota dealership network.
- LG Electronics IndiacoreExploring complete service solutions for electronics industry. Mobile service vans for LG service operations.
- Honda Two Wheeler IndiacoreState of the art service setup for Honda two-wheeler and Honda CBR high-end bikes.
- Bajaj AutocoreMobile service van collaboration for Bajaj Auto dealership and service network.
- Hitco Pvt. Ltd. (Nepal)coreExclusive distribution partner in Nepal with presence in Kathmandu. Distribution network established for better market reach.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
OLS competitors and assessment
Company assessmentDirect peers
- Launch Tech (Launch Automotive Technology): Chinese manufacturer of automotive diagnostic, lifting, tyre, and workshop equipment with strong presence across emerging markets including South Asia, Africa, and the Middle East - directly comparable in product breadth and international reach.
- Maha (Maha Automotive): India-based automotive workshop equipment manufacturer with a broad garage equipment portfolio serving OEMs and aftermarket service networks across the Indian automotive ecosystem - the most direct domestic competitor to OLS.
Broad incumbents
- Bosch Automotive Service Solutions: Global supplier of automotive workshop equipment, diagnostics, and service tools, including EV-specific workshop solutions - broad incumbent in the same end market with deeper R&D and digital capabilities than OLS.
- Beissbarth: German/Italian automotive workshop equipment manufacturer specializing in wheel alignment, ADAS calibration, and tyre service equipment - overlapping with OLS's 3D aligner and advanced diagnostic offerings.
- Hofmann (part of Snap-on Equipment): Global garage equipment manufacturer covering wheel alignment, lifts, tyre changers, and balancers, distributed through Snap-on's worldwide service network - a broad incumbent in the same equipment categories OLS serves.
- Hunter Engineering Company: US-based manufacturer of wheel alignment systems, tyre changers, wheel balancers, and brake service equipment - a global incumbent overlapping with OLS's tyre shop and wheel service product lines.
- Corghi: Italian manufacturer of tyre changers, wheel balancers, and workshop equipment with global distribution - comparable in tyre shop product category and international footprint.
- Rotary Lift (Vehicle Service Group): US/global vehicle lift manufacturer (now part of Vehicle Service Group / Dover) covering two-post, four-post, scissor, and specialty lifts - directly comparable in OLS's core lift product categories.
Regional players
- Autec (Cormach Group): European manufacturer of vehicle lifts and workshop equipment serving primarily EMEA markets - comparable in core lift product line but with geographic focus outside India/Africa.
Emerging players
- Sirio Equipment: India-based workshop equipment manufacturer focused on lifts and garage equipment for the Indian aftermarket - emerging player with comparable product categories and geography, but smaller scale than OLS.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
OLS social profiles
Digital presenceOLS compliance and trust
Trust signalCompliance1 record
OLS financial estimates
Financial estimateRevenue estimate
Valuation estimate
OLS leadership team
Management profileNumber of profiles
Profiles1 record
OLS funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
OLS M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about OLS
What does OLS do?
OLS manufactures and supplies automotive garage equipment for four-wheeler, two-wheeler, tractor, commercial vehicle, and electric vehicle workshops. The product range includes vehicle lifts, tools trolleys, tyre shop equipment, oil management systems, battery chargers, pneumatic tools, hydraulic presses, painting booths, and engine service equipment, along with customized mobile service vans and turnkey workshop automation solutions for OEM dealership networks.
Is OLS a public or private company?
OLS is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was OLS founded?
OLS was founded in 2001. It employs 101 to 250 people.
Where is OLS based?
OLS is headquartered in Haryana, India, in the Asia region.
How does OLS make money?
Four revenue lines are on record. Equipment Manufacturing is the primary driver. The others are mobile Service Vans, turnkey Projects and installation and Training Services.
Who are OLS's main competitors?
Direct peers on record are Launch Tech (Launch Automotive Technology) and Maha (Maha Automotive). Broad incumbents are Bosch Automotive Service Solutions, Beissbarth, Hofmann (part of Snap-on Equipment), Hunter Engineering Company, Corghi and Rotary Lift (Vehicle Service Group). Autec (Cormach Group) is listed as a regional player. Sirio Equipment is listed as an emerging player.
Does OLS have an API?
No public API is recorded for OLS.
What industry is OLS in?
OLS's product category is Automotive Garage Equipment. Its primary akta.pro industry code is IMACANAM, Aftermarket Tools, Equipment & Garage Accessories Manufacturing (Jacks/Lifts/Diagnostic Tools/Compressors). Its NAICS code is 333998 and its SIC code is 3530.