1. India Stocks

  2. •

    Producer manufacturing

  3. •

    Trucks/Construction/Farm machinery
Ashok Leyland Limited

Ashok Leyland Limited

146.03
INR
-0.71
(-0.48%)
6.35EPS
26.64P/E
926.31BMarket Cap
Nov 06Next Earn
Ashok Leyland Limited
NSE:ASHOKLEY
(National Stock Exchange of India)

Recent

price

146.03

P/E

ratio

26.64

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
21
23.87
22.93
21.26
27.06
36.67
38.97
49.95
55.8
37.04
33.01
44.47
70.66
77.51
82.31
95.47
97.83
Revenue per Share
1.19
1.06
0.82
-0.31
0.24
1.2
2.75
3.01
3.54
0.57
-0.28
-0.61
2.11
4.23
5.29
5.91
5.92
Basic EPS, GAAP
0.45
0.84
0.15
-0.96
-0.28
-2.7
-0.31
1.39
-8.3
-1.65
-3.09
3.98
-9.25
-12.59
-2.59
-13.35
- -
Free Cash Flow per Basic Share
0.44
0.58
0.58
0.35
- -
0.27
0.56
0.94
1.46
2.17
- -
0.3
0.5
1.3
3.47
3.12
- -
Dividend per Share
7.45
7.92
8.37
7.5
8.35
27.74
11.23
12.68
14.9
13.27
13.39
12.44
14.56
15.33
20.83
24.25
- -
Book Value per Share
6.61
7.05
7.45
4.98
5.6
21.32
8.48
9.75
11.48
9.3
9.07
8.61
10.28
11.02
16.12
19.41
- -
Tangible Book Value per Share
5,321
5,321
5,321
5,321
5,596
5,692
5,772
5,854
5,869
5,871
5,871
5,871
5,872
5,872
5,873
5,873
5,871
Basic Weighted Avg Shares
111,771
127,035
122,031
113,108
151,448
208,708
224,947
292,406
327,532
217,481
193,778
261,103
414,883
455,173
483,418
560,760
574,393
Sales/Revenue/Turnover
8.48
7.11
4.06
-0.95
6.19
12.69
13.12
13.99
14.67
14.32
12.28
10.14
11.66
16.48
18.15
19.62
19.48
Operating Margin (%)
2,781
3,471
3,865
5,319
5,829
5,239
5,728
6,459
6,756
7,500
8,356
8,660
9,002
9,273
10,867
11,376
11,789
Depreciation Expense
6,313
5,660
4,337
-1,641
1,339
6,819
15,894
17,604
20,787
3,367
-1,652
-3,586
12,387
24,835
31,068
34,710
34,758
Net Income, GAAP
21.26
17.97
7.86
- -
- -
41.08
10.7
29.28
23.58
37.79
- -
- -
40.01
34.33
26.4
27.82
28.43
Effective Tax Rate (%)
5.65
4.46
3.55
-1.45
0.88
3.27
7.07
6.02
6.35
1.55
-0.85
-1.37
2.99
5.46
6.43
6.19
6.05
Profit Margin (%)
2,239
-5,393
-9,996
-8,648
-5,458
6,271
6,403
2,301
11,716
5,148
-3,049
-412
17,885
24,468
76,888
106,246
- -
Working Capital
23,481
22,934
27,378
54,912
55,517
75,271
88,764
102,281
130,097
134,515
157,101
154,579
196,918
268,469
365,683
462,187
- -
LT Debt
39,630
42,123
44,551
46,413
51,396
56,810
69,819
82,459
98,206
88,959
91,303
85,902
107,958
118,146
158,449
185,462
- -
Total Equity
11.52
10.79
5.15
- -
- -
7.86
13.35
11.53
12.14
5
- -
- -
6.82
9.42
9.97
8.97
- -
Return on Invested Capital (%)
12.04
11
9.1
- -
- -
7.8
13.46
11.65
11.73
4.43
- -
- -
6.36
8.94
9.67
8.92
- -
Return on Capital (%)
16.54
13.85
10.01
-3.89
3.06
13.61
27.27
25.49
25.72
4.07
-2.11
-4.73
15.62
28.29
29.26
26.22
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
177,170
- -
LT Borrowings
- -
460,164
- -
LT Finance Leases
- -
2,024
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5,874
5,874
5,874
Market Capitalization
1,052,544
905,337
926,307

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
437,423
- -
Cash, Cash Equivalents & STI
- -
170,058
- -
Accounts Receivable, Net
- -
30,874
- -
Inventories
- -
46,718
- -
Total Current Liabilities
- -
331,177
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
177,170
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.37%
16.07%
17.05%
Free Cash Flow
-152.31%
-37.66%
415.93%
Net Income, GAAP
-26.2%
-38.21%
11.72%
Sales/Revenue/Turnover
13.08%
25.11%
16%
Total Cash Common Dividend
- -
- -
-10.06%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
106,537
111,050
119,462
146,370
483,418
2026
116,567
125,185
147,620
171,389
560,760
2027
130,200
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.87
1.2
1.3
1.92
5.29
2026
1.04
1.29
1.38
2.2
5.91
2027
1.05
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
3.47
2026
- -
- -
- -
- -
3.12
2027
- -
- -
- -
- -
- -
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Business
Ashok Leyland Limited Ashok Leyland Limited manufactures commercial vehicles and related engines in India and internationally. The company offers trucks including haulage, intermediate commercial vehicles, tippers, tractors, and light commercial vehicles such as DOST and Bada DOST; buses ranging from city, intercity, school, and staff variants with capacities from 9 to 80 seats; defense mobility solutions; diesel engines and generators for industrial, genset, and marine applications; and power solutions including electric and alternate fuel technologies. Headquartered in Chennai, India, and founded in 1948 as part of the Hinduja Group, Ashok Leyland operates manufacturing facilities across Ennore, Hosur, Alwar, Pantnagar, and other locations in India, with overseas units in the United Arab Emirates and United Kingdom, serving markets in SAARC countries, the Middle East, Africa, and beyond. Recent developments include a partnership with FAMCO Qatar, an Al-Futtaim Group company, to expand presence in the Qatari market; a long-term exclusive alliance with CALB Group for next-generation battery technology investments exceeding Rs 5,000 crore to bolster electric vehicle capabilities; a Rs 1,200 crore investment MoU with the Tamil Nadu government; plans for a new electric commercial vehicle plant in Uttar Pradesh targeting 2,500 units annually by 2025; capacity expansions in bus and light commercial vehicle segments with Rs 1,000 crore capex for FY26 including a Centre of Excellence and higher-horsepower engines; network growth in North India via over 50 new dealerships and service outlets; and a one-to-one bonus share issue following strong FY25 performance.