Ashok Leyland Limited ASHOKLEY NIFTY_MIDNSEINFRA
Company Overview
Ashok Leyland Limited, together with its subsidiaries, engages in the manufacture and sale of commercial vehicles in India and internationally. It offers buses; haulage and ICV trucks, as well as tractors and tippers; light commercial vehicles goods carriers and passenger, as well as small commercial vehicles goods carriers; and defense vehicles comprising logistics, high mobility, armored, and specialist vehicles. The company also provides power solutions, such as diesel generators, agriculture engines, industrial engines, and marine engines; spare parts; and vehicle and housing financing services. In addition, it trades in commercial vehicles; and offers manpower supply, air chartering, and IT services, as well as manufactures forgings and castings. Further, the company operates retail stores; and LeyKart, an e-commerce store for spare parts. The company was incorporated in 1948 and is headquartered in Chennai, India.
Why Investors Should Care
Generates a return on equity of 24.4%, reflecting efficient use of shareholder capital.
Net profit has compounded at 41.0% per year over the last five years.
Revenue has grown at a 10.6% CAGR over the past five years.
Trades at a P/E of 26.6, below the sector median of 29.6.
Operating margin of 19.3% supports profitability.
Offers a dividend yield of 2.22%.
Recent Developments
- Mar 2026 Revenue of ₹56,076.03 Cr (+16.0% YoY); net profit ₹3,471.03 Cr.
- Trailing 12 Months Year-on-year growth — revenue +16.0%, earnings +11.7%.
- 5-Year Trend Long-term compounding — revenue CAGR 10.6%, profit CAGR 41.0%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 10.56% |
| 1 Year: | 16.00% |
Compounded Profit Growth
| 5 Years: | 40.98% |
| 1 Year: | 11.72% |
Stock Price Performance
| 1 Year: | +28.81% |
| 6 Months: | -14.55% |
| 3 Months: | -8.57% |
| 1 Month: | -0.87% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMABelow
- RSI (14)49.45 · Neutral
P/E of 26.59 is below the sector median of 29.60 — relatively cheaper than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Strong return on equity of 24.4%.
- Compounding revenue at 10.6% over 5 years.
- Profit CAGR of 41.0% over 5 years.
CONS
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | ASHOKLEY Ashok Leyland Limited NIFTY_MIDNSEINFRA | 157.12 | 26.59 | ₹92,290.00 Cr | 2.22% | 14.52% | 24.37% | 10.56% | 40.98% |
| 2 | LT Larsen & Toubro Limited NIFTY50NSEAIINFRA | 3,849.40 | 32.93 | ₹5.30 L Cr | 0.96% | 14.55% | 14.72% | 16.09% | 15.38% |
| 3 | ADANIPORTS Adani Ports and Special Economic Zone Limited NIFTY50NSEINFRA | 1,834.20 | 31.50 | ₹4.23 L Cr | 0.42% | 10.97% | 13.32% | 22.93% | 34.11% |
| 4 | BEL Bharat Electronics Limited NIFTY50NSEAIDEFENCEINFRAPSU | 410.75 | 56.42 | ₹3.00 L Cr | 1.05% | 31.88% | 25.27% | 16.63% | 26.64% |
| 5 | HAL Hindustan Aeronautics Limited NSEAIDEFENCEINFRAPSU | 4,463.30 | 32.75 | ₹2.98 L Cr | 0.44% | 13.80% | 22.21% | 7.87% | 16.08% |
| 6 | INDIGO InterGlobe Aviation Limited NSEINFRA | 5,202.50 | -84.07 | ₹2.01 L Cr | 0.24% | 4.02% | -34.31% | 16.59% | -227.40% |
| 7 | CUMMINSIND Cummins India Limited NSEINFRA | 5,535.50 | 64.97 | ₹1.53 L Cr | 1.17% | 34.95% | 27.87% | 16.07% | 24.35% |
| 8 | ABB ABB India Limited NSEAIINFRA | 6,951.50 | 88.30 | ₹1.47 L Cr | 0.58% | 28.45% | 21.29% | 15.41% | 17.97% |
| 9 | POWERINDIA Hitachi Energy India Limited NIFTY_MIDNSEINFRA | 33,005.00 | 148.92 | ₹1.47 L Cr | 0.02% | 24.92% | 19.09% | 22.24% | 119.12% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 13,203.00 Cr | 9,691.00 Cr | 11,429.00 Cr | 11,093.00 Cr | 13,542.00 Cr | 10,724.00 Cr | - | - | 14,636.95 Cr | 11,656.73 Cr | 12,518.45 Cr | 14,761.95 Cr | 17,138.90 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 9,006.75 Cr | 6,795.50 Cr | 7,352.72 Cr | 8,975.81 Cr | 10,731.92 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 5,630.20 Cr | 4,861.23 Cr | 5,165.73 Cr | 5,786.14 Cr | 6,406.98 Cr |
| Operating Expenses | 11,245.00 Cr | 8,183.00 Cr | 9,559.00 Cr | 9,131.00 Cr | 10,975.00 Cr | 8,856.00 Cr | - | - | 2,800.27 Cr | 2,642.00 Cr | 2,647.37 Cr | 2,882.82 Cr | 3,206.21 Cr |
| Operating Income | 1,699.00 Cr | 1,282.00 Cr | 1,643.00 Cr | 1,720.00 Cr | 2,334.00 Cr | 1,633.00 Cr | - | - | 2,829.93 Cr | 2,219.23 Cr | 2,518.36 Cr | 2,903.32 Cr | 3,200.77 Cr |
| EBITDA | 1,958.00 Cr | 1,509.00 Cr | 1,870.00 Cr | 1,961.00 Cr | 2,567.00 Cr | 1,868.00 Cr | - | - | 3,013.20 Cr | 2,276.54 Cr | 2,544.13 Cr | 2,681.93 Cr | 3,494.40 Cr |
| Interest Expense | 582.00 Cr | 655.00 Cr | 715.00 Cr | 783.00 Cr | 829.00 Cr | 904.00 Cr | - | - | 1,052.82 Cr | 1,111.90 Cr | 1,152.02 Cr | 1,200.12 Cr | 1,240.61 Cr |
| Pretax Income | 1,214.00 Cr | 679.00 Cr | 927.00 Cr | 984.00 Cr | 1,516.00 Cr | 765.00 Cr | - | - | 1,620.58 Cr | 891.41 Cr | 1,124.01 Cr | 1,199.59 Cr | 1,939.78 Cr |
| Tax Provision | 412.76 Cr | 95.06 Cr | 361.53 Cr | 373.92 Cr | 576.08 Cr | 214.20 Cr | - | - | 374.66 Cr | 233.69 Cr | 304.31 Cr | 337.35 Cr | 558.46 Cr |
| Net Income | 803.00 Cr | 584.00 Cr | 569.00 Cr | 609.00 Cr | 934.00 Cr | 551.00 Cr | - | - | 1,130.09 Cr | 611.07 Cr | 755.77 Cr | 813.49 Cr | 1,290.70 Cr |
| Diluted EPS | 1.28 | 0.93 | 0.90 | 0.95 | 1.45 | 0.87 | - | - | 1.92 | 0.52 | 1.29 | 1.38 | 2.20 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 15,708.00 Cr | 21,260.00 Cr | 22,871.00 Cr | 29,636.00 Cr | 33,197.00 Cr | 21,951.00 Cr | 19,454.00 Cr | - | 41,488.30 Cr | 45,517.26 Cr | 48,341.76 Cr | 56,076.03 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 28,935.55 Cr | 29,346.76 Cr | 29,679.56 Cr | 33,855.95 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 12,552.75 Cr | 16,170.50 Cr | 18,662.20 Cr | 22,220.08 Cr |
| Operating Expenses | 14,191.00 Cr | 18,281.00 Cr | 19,826.00 Cr | 25,387.00 Cr | 28,287.00 Cr | 18,718.00 Cr | 16,992.00 Cr | - | 7,713.29 Cr | 8,669.37 Cr | 9,889.15 Cr | 11,378.40 Cr |
| Operating Income | 937.00 Cr | 2,455.00 Cr | 2,472.00 Cr | 3,602.00 Cr | 4,234.00 Cr | 2,483.00 Cr | 1,626.00 Cr | - | 4,839.46 Cr | 7,501.13 Cr | 8,773.05 Cr | 10,841.68 Cr |
| EBITDA | 1,517.00 Cr | 2,979.00 Cr | 3,045.00 Cr | 4,248.00 Cr | 4,910.00 Cr | 3,233.00 Cr | 2,462.00 Cr | - | 5,258.65 Cr | 8,015.61 Cr | 9,613.19 Cr | 10,997.00 Cr |
| Interest Expense | 872.00 Cr | 925.00 Cr | 1,049.00 Cr | 1,227.00 Cr | 1,502.00 Cr | 1,802.00 Cr | 1,901.00 Cr | - | 2,093.50 Cr | 2,982.25 Cr | 3,930.21 Cr | 4,704.65 Cr |
| Pretax Income | -42.00 Cr | 1,209.00 Cr | 1,829.00 Cr | 2,565.00 Cr | 2,872.00 Cr | 739.00 Cr | -67.00 Cr | - | 2,264.93 Cr | 4,106.07 Cr | 4,596.33 Cr | 5,154.79 Cr |
| Tax Provision | -174.30 Cr | 495.69 Cr | 201.19 Cr | 743.85 Cr | 689.28 Cr | 280.82 Cr | -2.68 Cr | - | 906.11 Cr | 1,409.73 Cr | 1,213.54 Cr | 1,433.81 Cr |
| Net Income | -205.00 Cr | 712.00 Cr | 1,633.00 Cr | 1,814.00 Cr | 2,195.00 Cr | 460.00 Cr | -70.00 Cr | - | 1,238.71 Cr | 2,483.52 Cr | 3,106.80 Cr | 3,471.03 Cr |
| Diluted EPS | 0.24 | 1.20 | 2.79 | 3.01 | 3.54 | 0.57 | -0.28 | - | 2.10 | 4.22 | 5.28 | 5.91 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 19,592.00 Cr | 22,123.00 Cr | 26,609.00 Cr | 33,383.00 Cr | 39,126.00 Cr | 38,130.00 Cr | 42,058.00 Cr | - | 54,746.01 Cr | 67,595.60 Cr | 81,714.53 Cr | 1.01 L Cr |
| Current Assets | - | - | - | - | - | - | - | - | 24,243.44 Cr | 29,126.70 Cr | 34,240.13 Cr | 43,742.32 Cr |
| Cash & Equivalents | - | - | - | - | - | - | - | - | 1,908.58 Cr | 5,217.32 Cr | 6,544.77 Cr | 6,280.89 Cr |
| Inventory | - | - | - | - | - | - | - | - | 3,440.43 Cr | 4,008.01 Cr | 3,986.08 Cr | 4,671.80 Cr |
| Receivables | - | - | - | - | - | - | - | - | 4,187.36 Cr | 3,898.15 Cr | 3,346.87 Cr | 3,087.44 Cr |
| Total Liabilities | - | - | - | - | - | - | - | - | 43,950.20 Cr | 55,781.01 Cr | 65,869.67 Cr | 82,494.50 Cr |
| Current Liabilities | - | - | - | - | - | - | - | - | 22,454.95 Cr | 26,679.93 Cr | 26,551.46 Cr | 33,117.68 Cr |
| Long Term Debt | - | - | - | - | - | - | - | - | 19,502.86 Cr | 26,695.71 Cr | 36,382.92 Cr | 46,016.36 Cr |
| Total Debt | 9,070.00 Cr | 11,054.00 Cr | 13,168.00 Cr | 15,791.00 Cr | 19,168.00 Cr | 22,417.00 Cr | 24,077.00 Cr | - | 31,160.93 Cr | 40,802.18 Cr | 49,962.11 Cr | 63,935.70 Cr |
| Total Equity | 4,512.00 Cr | 5,264.00 Cr | 6,393.00 Cr | 7,421.00 Cr | 8,746.00 Cr | 7,789.00 Cr | 7,862.00 Cr | - | 8,551.76 Cr | 9,004.62 Cr | 12,232.09 Cr | 14,241.69 Cr |
| Shares Outstanding | - | - | - | - | - | - | - | - | 587.23 Cr | 587.27 Cr | 587.31 Cr | 587.39 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 95.00 Cr | -1,275.00 Cr | 270.00 Cr | 1,462.00 Cr | -3,745.00 Cr | 383.00 Cr | -1,065.00 Cr | - | -4,499.26 Cr | -6,257.98 Cr | 128.47 Cr | -4,894.71 Cr |
| Investing Cash Flow | -124.00 Cr | 456.00 Cr | -1,676.00 Cr | -3,163.00 Cr | 1,897.00 Cr | -1,201.00 Cr | -973.00 Cr | - | -2,934.96 Cr | 1,135.38 Cr | -5,758.27 Cr | -7,015.79 Cr |
| Financing Cash Flow | 781.00 Cr | 1,660.00 Cr | 738.00 Cr | 1,905.00 Cr | 2,398.00 Cr | 1,239.00 Cr | 1,331.00 Cr | - | 7,280.59 Cr | 8,431.59 Cr | 6,957.58 Cr | 11,617.23 Cr |
| Capital Expenditure | 67.00 Cr | -56.00 Cr | -436.00 Cr | -639.00 Cr | -1,096.00 Cr | -1,323.00 Cr | -726.00 Cr | - | -929.10 Cr | -1,133.54 Cr | -1,648.08 Cr | -2,945.48 Cr |
| Free Cash Flow | 162.00 Cr | -1,331.00 Cr | -166.00 Cr | 823.00 Cr | -4,841.00 Cr | -940.00 Cr | -1,791.00 Cr | - | -5,428.36 Cr | -7,391.52 Cr | -1,519.61 Cr | -7,840.19 Cr |
| Net Change in Cash | 752.00 Cr | 841.00 Cr | -668.00 Cr | 205.00 Cr | 549.00 Cr | 421.00 Cr | -707.00 Cr | - | -153.63 Cr | 3,308.99 Cr | 1,327.78 Cr | -293.27 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | 30.3% | 35.5% | 38.6% | 39.6% |
| Operating Margin % | 6.0% | 11.5% | 10.8% | 12.2% | 12.8% | 11.3% | 8.4% | - | 11.7% | 16.5% | 18.1% | 19.3% |
| Net Margin % | -1.3% | 3.3% | 7.1% | 6.1% | 6.6% | 2.1% | -0.4% | - | 3.0% | 5.5% | 6.4% | 6.2% |
| ROE % | -4.5% | 13.5% | 25.5% | 24.4% | 25.1% | 5.9% | -0.9% | - | 14.5% | 27.6% | 25.4% | 24.4% |
| ROCE % | - | - | - | - | - | - | - | - | 15.0% | 18.3% | 15.9% | 16.0% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for ASHOKLEY
Ashok Leyland (NSEI:ASHOKLEY) Stock Fair Value Moves Lower On More Cautious Analyst Assumptions - Yahoo Finance
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ASHOKLEY Outlook for the Week (July 13, 2026 – July 17, 2026) - Equitypandit
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Ashok Leyland Limited's (NSE:ASHOKLEY) Share Price Not Quite Adding Up - simplywall.st
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How The Ashok Leyland (NSEI:ASHOKLEY) Investment Story Is Evolving With New Developments - Yahoo Finance
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Ashok Leyland shares fall 2% after Q4 results. Do Goldman Sachs, Morgan Stanley see any upside? - The Economic Times
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ASHOKLEY — Frequently Asked Questions
What is the current share price of Ashok Leyland Limited (ASHOKLEY)?
As of 2026-07-15 09:52 IST, Ashok Leyland Limited (ASHOKLEY) trades at ₹157.12 on NSE. Its 52-week range is ₹112.72 to ₹208.37.
What is the market capitalisation of ASHOKLEY?
Ashok Leyland Limited (ASHOKLEY) has a market capitalisation of ₹92,290.00 Cr on NSE.
What is the P/E ratio of ASHOKLEY?
ASHOKLEY trades at a trailing price-to-earnings (P/E) ratio of 26.59. The industry average P/E is 29.60. Its price-to-book (P/B) ratio is 6.04.
Does ASHOKLEY pay a dividend?
Ashok Leyland Limited (ASHOKLEY) currently offers a dividend yield of 2.22%.
What is the return on equity (ROE) of ASHOKLEY?
ASHOKLEY has a return on equity (ROE) of 24.37%. Its return on capital employed (ROCE) is 14.52%.
Is ASHOKLEY a good stock to buy?
This page provides a data-driven analysis of Ashok Leyland Limited (ASHOKLEY), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.