Ashok Leyland, 500477, ASHOKLEY Share Price, Rating, Research, Analysis, Fundamental & Historical Data

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

1,03,438.58
31.25
1

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

1,52,631.25
1.77%
7.70

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

8.60
20.06
5.21

EBITDA CAGR (%)

10 Years
5 Years
3 Years

11.98
30.25
12.57

PAT CAGR (%)

10 Years
5 Years
3 Years

16.37
-
35.87

P:E (Median)

8 Years
5 Years
3 Years

20.62
23.83
25.87

P:BV (Average)

8 Years
5 Years
3 Years

5.03
5.91
6.35

EV:EBITDA (Average)

8 Years
5 Years
3 Years

14.39
16.00
12.72

Earnings Forecasts:

(Updated: 14-03-2026)

Description 2024 2025 2026 2027
Adj EPS 5.29 6.48 7.66 8.74
P/E Ratio 33.29 27.18 22.99 20.15
Revenue 48341.8 43609.4 48659 53419.8
EBITDA 9207.75 5701.98 6610.52 7437.27
Net Income 3106.8 3702.7 4377 4826.33
ROA 4.16 14.99 16.33 16.8
P/B Ratio 8.45 7.77 6.60 5.66
ROE 29.26 30.4 30.88 30.49
FCFF -1735.89 3218.21 4533.88 4948.18
FCFF Yield -1.16 2.14 3.02 3.3
Net Debt 38031.8 -4825.45 -6870.59 -9379.84
BVPS 20.83 22.66 26.7 31.1

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Dec 25 Dec 24 Var% Sep 25 Sep 24 Var% Jun 25 Jun 24 Var% Mar 25 Mar 24 Var%
Net Sales 11,533.85 9,478.67 21.68% 9,588.18 8,768.83 9.34% 8,724.51 8,598.53 1.47% 11,906.71 11,266.69 5.68%
Expenses 9,998.83 8,267.24 20.95% 8,426.02 7,751.53 8.70% 7,754.96 7,687.66 0.88% 10,115.75 9,674.58 4.56%
EBITDA 1,535.02 1,211.43 26.71% 1,162.16 1,017.30 14.24% 969.55 910.87 6.44% 1,790.96 1,592.11 12.49%
EBIDTM 13.31% 12.78% 12.12% 11.60% 11.11% 10.59% 15.04% 14.13%
Other Income 59.25 24.71 139.78% 134.78 97.27 38.56% 52.85 22.34 136.57% 105.93 117.90 -10.15%
Interest 43.83 50.06 -12.45% 41.98 60.68 -30.82% 41.86 59.05 -29.11% 47.12 59.23 -20.45%
Depreciation 177.46 192.33 -7.73% 172.30 175.44 -1.79% 182.81 172.72 5.84% 178.85 179.69 -0.47%
PBT 1,064.50 993.75 7.12% 1,042.66 995.83 4.70% 797.73 701.44 13.73% 1,657.27 1,401.43 18.26%
Tax 268.48 232.01 15.72% 271.60 225.73 20.32% 204.00 175.86 16.00% 411.40 501.02 -17.89%
PAT 796.02 761.74 4.50% 771.06 770.10 0.12% 593.73 525.58 12.97% 1,245.87 900.41 38.37%
PATM 6.90% 8.04% 8.04% 8.78% 6.81% 6.11% 10.46% 7.99%
EPS 1.37 1.31 4.58% 1.32 1.32 0.00% 1.02 0.90 13.33% 2.14 1.55 38.06%

Description Dec 25 Dec 24 Var% Sep 25 Sep 24 Var% Jun 25 Jun 24 Var% Mar 25 Mar 24 Var%
Net Sales 14,830.24 11,995.21 23.63% 12,576.86 11,147.58 12.82% 11,708.54 10,696.80 9.46% 14,695.55 13,542.37 8.52%
Expenses 12,007.81 9,658.92 24.32% 10,135.66 9,107.81 11.29% 9,535.40 8,856.03 7.67% 11,704.63 10,975.06 6.65%
EBITDA 2,822.43 2,336.29 20.81% 2,441.20 2,039.77 19.68% 2,173.14 1,840.77 18.06% 2,990.92 2,567.31 16.50%
EBIDTM 19.03% 19.48% 19.41% 18.30% 18.56% 17.21% 20.35% 18.96%
Other Income 180.41 64.94 177.81% 134.89 114.26 18.06% 98.66 57.63 71.20% 121.63 70.92 71.50%
Interest 1,200.12 1,011.27 18.67% 1,152.02 962.30 19.72% 1,111.90 903.82 23.02% 1,052.82 829.23 26.96%
Depreciation 282.22 267.70 5.42% 268.10 244.03 9.86% 273.23 235.12 16.21% 339.80 232.87 45.92%
PBT 1,195.34 1,124.65 6.29% 1,115.97 1,066.72 4.62% 886.67 764.34 16.00% 1,609.04 1,509.89 6.57%
Tax 337.35 312.56 7.93% 304.31 311.51 -2.31% 233.69 214.81 8.79% 374.66 581.99 -35.62%
PAT 857.99 812.09 5.65% 811.66 755.21 7.47% 652.98 549.53 18.83% 1,234.38 927.90 33.03%
PATM 5.79% 6.77% 6.45% 6.77% 5.58% 5.14% 8.40% 6.85%
EPS 1.38 1.30 6.15% 1.29 1.20 7.50% 1.04 0.87 19.54% 1.92 1.45 32.41%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Net Sales 41,753.25 38,752.74 38,367.03 36,144.14 21,688.29 15,301.45 17,467.47 29,054.95 26,356.40 20,140.13 18,937.30 Net Sales Growth 9.55% 1.01% 6.15% 66.65% 41.74% -12.40% -39.88% 10.24% 30.87% 6.35% Cost Of Goods Sold 29,714.64 27,622.78 27,912.01 27,849.15 16,761.07 11,403.31 12,369.15 20,679.57 18,431.08 13,973.39 13,194.86 Gross Profit 12,038.61 11,129.96 10,455.02 8,294.99 4,927.22 3,898.14 5,098.32 8,375.38 7,925.32 6,166.75 5,742.44 GP Margin 28.83% 28.72% 27.25% 22.95% 22.72% 25.48% 29.19% 28.83% 30.07% 30.62% 30.32% Total Expenditure 36,295.56 33,822.18 33,760.47 33,213.44 20,699.15 14,774.77 16,293.82 25,965.33 23,396.09 17,945.45 16,692.20 Power & Fuel Cost - 258.80 258.52 253.91 179.53 161.87 173.19 249.80 228.91 168.73 115.96 % Of Sales - 0.67% 0.67% 0.70% 0.83% 1.06% 0.99% 0.86% 0.87% 0.84% 0.61% Employee Cost - 2,406.27 2,233.38 2,113.86 1,694.60 1,583.89 1,615.06 2,098.77 1,837.78 1,480.05 1,385.06 % Of Sales - 6.21% 5.82% 5.85% 7.81% 10.35% 9.25% 7.22% 6.97% 7.35% 7.31% Manufacturing Exp. - 434.57 422.32 368.45 332.80 218.75 230.90 392.88 380.03 330.47 306.88 % Of Sales - 1.12% 1.10% 1.02% 1.53% 1.43% 1.32% 1.35% 1.44% 1.64% 1.62% General & Admin Exp. - 679.70 655.15 590.37 1,325.72 1,015.40 1,389.95 1,939.21 1,986.12 1,699.09 1,356.13 % Of Sales - 1.75% 1.71% 1.63% 6.11% 6.64% 7.96% 6.67% 7.54% 8.44% 7.16% Selling & Distn. Exp. - 1,800.88 1,796.98 1,561.99 388.73 274.73 435.94 537.20 484.56 250.59 276.76 % Of Sales - 4.65% 4.68% 4.32% 1.79% 1.80% 2.50% 1.85% 1.84% 1.24% 1.46% Miscellaneous Exp. - 619.18 482.11 475.71 16.70 116.82 79.63 67.90 47.61 43.14 276.76 % Of Sales - 1.60% 1.26% 1.32% 0.08% 0.76% 0.46% 0.23% 0.18% 0.21% 0.30% EBITDA 5,457.69 4,930.56 4,606.56 2,930.70 989.14 526.68 1,173.65 3,089.62 2,960.31 2,194.68 2,245.10 EBITDA Margin 13.07% 12.72% 12.01% 8.11% 4.56% 3.44% 6.72% 10.63% 11.23% 10.90% 11.86% Other Income 352.81 250.25 246.59 116.14 81.51 127.96 123.35 153.43 196.58 159.52 132.20 Interest 174.79 216.91 249.44 289.09 301.11 306.79 109.45 70.38 147.28 155.38 247.64 Depreciation 711.42 719.34 717.81 731.96 752.76 747.71 669.80 621.01 598.48 517.89 487.90 PBT 4,562.16 4,244.56 3,885.90 2,025.79 16.78 -399.86 517.75 2,551.66 2,411.13 1,680.93 1,641.76 Tax 1,155.48 1,045.00 1,174.31 730.29 -14.22 -98.23 122.40 513.60 668.10 107.01 436.94 Tax Rate 25.33% 24.03% 30.97% 34.60% -2.70% 23.85% 33.82% 20.57% 28.00% 8.05% 52.86% PAT 3,406.68 3,303.29 2,617.87 1,380.11 541.83 -313.68 239.52 1,983.20 1,717.73 1,223.08 389.60 PAT before Minority Interest 3,406.68 3,303.29 2,617.87 1,380.11 541.83 -313.68 239.52 1,983.20 1,717.73 1,223.08 389.60 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 8.16% 8.52% 6.82% 3.82% 2.50% -2.05% 1.37% 6.83% 6.52% 6.07% 2.06% PAT Growth 15.17% 26.18% 89.69% 154.71% - - -87.92% 15.45% 40.44% 213.93% EPS 5.85 5.67 4.49 2.37 0.93 -0.54 0.41 3.40 2.95 2.10 0.67

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Net Sales 53,811.19 48,535.14 45,703.34 41,672.60 26,237.15 19,454.10 21,951.27 33,196.84 29,635.59 22,870.97 21,259.90 Net Sales Growth 13.57% 6.20% 9.67% 58.83% 34.87% -11.38% -33.88% 12.02% 29.58% 7.58% Cost Of Goods Sold 32,130.78 29,679.56 29,229.50 28,818.90 17,613.26 12,047.38 13,345.92 21,598.61 19,218.07 14,733.71 13,973.79 Gross Profit 21,680.41 18,855.58 16,473.84 12,853.70 8,623.89 7,406.72 8,605.35 11,598.23 10,417.52 8,137.25 7,286.11 GP Margin 40.29% 38.85% 36.05% 30.84% 32.87% 38.07% 39.20% 34.94% 35.15% 35.58% 34.27% Total Expenditure 43,383.50 39,327.39 37,855.17 36,579.70 23,482.65 16,997.88 18,717.92 28,322.51 25,390.37 19,584.89 18,290.50 Power & Fuel Cost - 316.82 302.22 279.44 189.67 168.88 183.52 260.42 238.51 186.42 125.96 % Of Sales - 0.65% 0.66% 0.67% 0.72% 0.87% 0.84% 0.78% 0.80% 0.82% 0.59% Employee Cost - 4,161.30 3,672.69 3,234.38 2,616.76 2,159.43 2,190.27 2,639.85 2,257.48 1,850.00 1,710.67 % Of Sales - 8.57% 8.04% 7.76% 9.97% 11.10% 9.98% 7.95% 7.62% 8.09% 8.05% Manufacturing Exp. - 449.67 462.42 379.87 347.87 228.03 238.41 382.98 404.08 343.80 321.86 % Of Sales - 0.93% 1.01% 0.91% 1.33% 1.17% 1.09% 1.15% 1.36% 1.50% 1.51% General & Admin Exp. - 1,499.76 1,144.07 1,030.57 1,505.17 1,268.97 1,616.06 2,276.24 2,256.32 1,926.16 1,573.70 % Of Sales - 3.09% 2.50% 2.47% 5.74% 6.52% 7.36% 6.86% 7.61% 8.42% 7.40% Selling & Distn. Exp. - 1,878.68 1,929.09 1,671.05 455.85 296.83 467.36 566.47 480.16 278.26 334.53 % Of Sales - 3.87% 4.22% 4.01% 1.74% 1.53% 2.13% 1.71% 1.62% 1.22% 1.57% Miscellaneous Exp. - 1,341.60 1,115.18 1,165.49 754.07 828.36 676.38 597.94 535.75 266.53 334.53 % Of Sales - 2.76% 2.44% 2.80% 2.87% 4.26% 3.08% 1.80% 1.81% 1.17% 1.18% EBITDA 10,427.69 9,207.75 7,848.17 5,092.90 2,754.50 2,456.22 3,233.35 4,874.33 4,245.22 3,286.08 2,969.40 EBITDA Margin 19.38% 18.97% 17.17% 12.22% 10.50% 12.63% 14.73% 14.68% 14.32% 14.37% 13.97% Other Income 535.59 358.46 235.28 107.11 97.55 137.38 107.84 161.10 199.14 153.94 178.20 Interest 4,516.86 3,930.21 2,982.25 2,093.50 1,869.05 1,900.64 1,801.65 1,502.24 1,227.38 1,048.80 925.05 Depreciation 1,163.35 1,086.65 927.29 900.22 865.96 835.62 749.99 675.56 645.89 572.79 523.94 PBT 4,807.02 4,549.35 4,173.91 2,206.29 117.04 -142.66 789.55 2,857.63 2,571.09 1,818.44 1,698.61 Tax 1,250.01 1,213.54 1,409.73 906.11 85.86 2.52 279.36 677.06 751.11 196.12 496.57 Tax Rate 26.00% 26.59% 34.47% 40.20% -41.46% -3.78% 37.94% 23.67% 29.36% 10.64% 38.58% PAT 3,557.01 3,106.80 2,483.52 1,238.71 -358.61 -165.23 336.67 2,078.70 1,760.38 1,593.59 681.93 PAT before Minority Interest 3,281.85 3,382.79 2,696.34 1,358.82 -285.45 -69.60 459.80 2,194.60 1,813.82 1,637.14 712.17 Minority Interest -275.16 -275.99 -212.82 -120.11 -73.16 -95.63 -123.13 -115.90 -53.44 -43.55 -30.24 PAT Margin 6.61% 6.40% 5.43% 2.97% -1.37% -0.85% 1.53% 6.26% 5.94% 6.97% 3.21% PAT Growth 16.83% 25.10% 100.49% - - - -83.80% 18.08% 10.47% 133.69% EPS 6.10 5.33 4.26 2.13 -0.62 -0.28 0.58 3.57 3.02 2.74 1.17

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Shareholder's Funds 11,518.79 8,810.37 8,425.80 7,336.90 6,977.20 7,263.99 8,332.43 7,245.54 6,126.07 5,407.15 Share Capital 293.65 293.63 293.61 293.55 293.55 293.55 293.55 292.71 284.59 284.59 Total Reserves 11,183.90 8,477.06 8,094.32 7,005.45 6,641.44 6,947.25 8,031.75 6,884.04 5,815.30 5,122.56 Non-Current Liabilities 2,576.26 2,746.18 3,093.03 3,449.59 3,198.87 2,126.69 1,103.01 1,271.35 1,492.26 2,476.43 Secured Loans 835.82 1,009.26 1,313.96 2,127.06 1,614.11 531.18 31.18 96.86 405.13 649.13 Unsecured Loans 66.41 122.38 452.27 723.55 943.90 822.68 267.22 415.69 741.19 1,171.91 Long Term Provisions 708.97 724.07 519.22 200.21 189.57 180.69 249.63 255.04 132.55 122.81 Current Liabilities 11,426.13 12,038.37 11,061.93 9,535.51 8,273.84 6,998.93 8,788.96 8,819.50 6,421.60 4,890.18 Trade Payables 7,304.69 6,305.19 7,175.12 6,875.23 5,164.69 3,037.29 5,018.93 4,887.90 3,116.99 2,562.69 Other Current Liabilities 2,524.60 4,071.95 2,975.39 1,799.73 1,432.50 1,625.82 2,867.26 3,011.52 2,587.66 2,113.44 Short Term Borrowings 150.00 484.31 268.63 266.83 1,158.24 1,710.97 100.00 100.00 198.64 25.00 Short Term Provisions 1,446.84 1,176.92 642.79 593.72 518.41 624.85 802.77 820.08 518.31 189.05 Total Liabilities 25,521.18 23,594.92 22,580.76 20,322.00 18,449.91 16,389.61 18,224.40 17,336.39 14,039.93 12,773.76 Net Block 5,845.49 5,951.80 6,304.15 6,600.90 7,050.39 6,803.57 5,614.51 5,547.97 4,970.81 4,791.99 Gross Block 11,891.93 11,461.61 11,151.13 10,763.52 10,557.60 9,619.88 7,593.57 6,929.65 5,857.88 5,278.91 Accumulated Depreciation 6,046.44 5,509.81 4,846.98 4,162.62 3,507.21 2,816.31 1,979.06 1,381.68 887.07 486.92 Non Current Assets 13,193.53 11,948.66 10,888.01 10,826.64 10,998.38 10,966.12 10,038.06 9,272.92 7,939.95 7,592.80 Capital Work in Progress 424.76 201.53 132.52 194.27 371.85 594.14 657.62 422.64 205.86 75.86 Non Current Investment 5,654.26 5,310.71 3,892.18 3,521.58 3,068.72 2,719.63 2,636.50 2,451.51 2,001.68 1,980.44 Long Term Loans & Adv. 752.41 462.29 501.85 469.03 471.51 795.11 844.39 585.96 499.17 611.40 Other Non Current Assets 516.61 22.33 57.31 40.86 35.91 53.67 285.04 264.84 262.43 133.12 Current Assets 12,308.62 11,597.07 11,631.70 9,443.51 7,451.53 5,423.49 8,186.34 8,063.47 5,977.12 5,180.95 Current Investments 3,018.70 249.06 2,771.42 1,298.05 0.00 0.00 0.00 3,155.16 877.17 0.00 Inventories 2,957.32 3,190.69 2,774.48 2,075.20 2,142.29 1,238.00 2,684.67 1,758.33 2,631.03 1,625.01 Sundry Debtors 2,887.32 3,569.65 4,062.08 3,096.35 2,816.00 1,188.35 2,505.53 944.78 1,064.39 1,250.95 Cash & Bank 2,705.95 3,438.18 501.29 1,046.96 822.95 1,322.47 1,373.59 1,042.16 911.97 1,593.13 Other Current Assets 739.33 191.58 237.31 574.66 1,670.29 1,674.67 1,622.55 1,163.04 492.56 711.86 Short Term Loans & Adv. 565.12 957.91 1,285.12 1,352.29 1,185.31 1,180.01 1,098.15 665.13 312.01 533.13 Net Current Assets 882.49 -441.30 569.77 -92.00 -822.31 -1,575.44 -602.62 -756.03 -444.47 290.77 Total Assets 25,502.15 23,545.73 22,519.71 20,270.15 18,449.91 16,389.61 18,224.40 17,336.39 13,917.07 12,773.75

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Shareholder's Funds 12,232.09 9,004.62 8,551.76 7,303.89 7,862.02 7,788.81 8,745.57 7,420.59 6,392.94 5,263.70 Share Capital 293.65 293.63 293.61 293.55 293.55 293.55 293.55 292.71 284.59 284.59 Total Reserves 11,881.63 8,662.99 8,215.61 6,968.86 7,523.90 7,469.59 8,442.91 7,057.76 6,081.43 4,977.62 Non-Current Liabilities 39,149.99 29,100.59 21,446.17 16,367.59 16,703.86 14,428.60 13,975.11 10,938.81 9,173.59 8,200.18 Secured Loans 33,103.94 25,458.80 18,132.23 13,532.34 13,480.73 11,375.84 11,498.20 8,679.69 7,453.95 5,852.92 Unsecured Loans 3,278.98 1,236.91 1,370.63 1,764.96 2,083.90 1,932.86 1,511.45 1,548.40 1,422.47 1,674.19 Long Term Provisions 848.00 857.51 633.28 283.99 229.38 228.54 316.87 313.32 189.16 207.69 Current Liabilities 26,547.30 26,663.10 22,444.08 18,604.12 16,223.80 14,794.66 15,315.86 14,191.48 10,399.17 8,241.81 Trade Payables 8,019.48 6,798.02 7,581.87 7,249.91 5,346.23 3,276.59 5,179.02 5,053.53 3,450.15 2,701.12 Other Current Liabilities 15,091.25 14,629.33 11,737.56 8,914.06 7,644.56 7,959.40 7,389.32 6,572.40 5,559.21 4,266.16 Short Term Borrowings 1,684.66 3,905.38 2,409.83 1,783.65 2,599.73 2,842.68 2,137.75 1,919.20 1,034.71 1,072.68 Short Term Provisions 1,751.91 1,330.37 714.82 656.50 633.28 715.99 609.77 646.35 355.10 201.84 Total Liabilities 81,542.15 67,578.28 54,686.06 43,561.87 42,057.96 38,119.15 39,111.61 33,376.21 26,554.69 22,122.98 Net Block 8,836.79 8,156.51 8,146.31 7,894.58 8,484.22 8,030.93 6,695.47 6,596.14 6,590.79 5,889.78 Gross Block 16,027.48 14,470.68 13,566.78 12,495.03 12,416.13 11,134.27 8,899.46 8,156.23 7,562.26 6,411.80 Accumulated Depreciation 7,190.69 6,314.17 5,420.47 4,600.45 3,931.91 3,103.34 2,203.99 1,560.09 971.47 522.02 Non Current Assets 47,306.07 38,468.57 30,453.49 24,935.35 26,139.10 22,809.66 22,624.13 18,954.66 15,391.87 13,254.07 Capital Work in Progress 577.29 414.82 268.12 240.01 335.54 573.89 677.61 439.42 244.19 87.37 Non Current Investment 1,942.73 1,305.42 1,341.01 998.49 851.11 777.10 859.12 966.84 845.21 766.97 Long Term Loans & Adv. 35,322.29 28,164.07 20,654.91 15,774.71 16,390.92 13,229.53 13,989.60 10,542.31 7,244.70 6,376.83 Other Non Current Assets 626.97 427.75 43.14 27.56 77.31 198.21 402.33 409.95 466.99 133.12 Current Assets 34,216.56 28,987.11 24,171.52 18,574.67 15,918.86 15,309.49 16,487.48 14,421.55 11,039.64 8,868.90 Current Investments 4,666.92 1,023.19 3,511.34 1,653.63 244.52 183.24 632.76 3,415.74 1,088.11 264.11 Inventories 3,986.08 4,008.01 3,440.43 2,540.55 2,495.85 1,536.39 3,063.43 2,207.68 2,901.03 1,922.33 Sundry Debtors 3,346.87 3,898.15 4,187.36 3,264.09 3,020.91 1,504.69 2,717.18 1,175.51 1,238.40 1,461.38 Cash & Bank 7,263.44 7,080.05 2,186.72 2,138.16 1,778.53 2,235.30 1,777.29 1,230.51 1,063.61 1,716.52 Other Current Assets 14,953.25 513.28 697.78 543.69 8,379.05 9,849.87 8,296.82 6,392.11 4,748.48 3,504.56 Short Term Loans & Adv. 14,235.78 12,464.43 10,147.89 8,434.55 7,587.45 9,071.79 7,705.63 5,804.00 4,445.01 3,267.44 Net Current Assets 7,669.26 2,324.01 1,727.44 -29.45 -304.94 514.83 1,171.62 230.07 640.47 627.10 Total Assets 81,522.63 67,455.68 54,625.01 43,510.02 42,057.96 38,119.15 39,111.61 33,376.21 26,431.51 22,122.97

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Cash From Operating Activity 7,819.42 2,503.12 2,136.01 2,646.93 21.13 941.06 -362.35 5,643.37 2,154.77 1,682.98 PBT 4,348.29 3,792.18 2,110.40 527.61 -411.91 361.92 2,496.80 2,385.83 1,330.09 826.54 Adjustment 671.18 858.36 852.36 478.28 960.99 848.86 664.97 715.44 995.37 1,476.78 Changes in Working Capital 3,740.68 -1,522.89 -426.54 1,569.62 -605.83 -175.61 -2,963.79 2,968.85 176.93 -179.46 Cash after chg. in Working capital 8,760.15 3,127.65 2,536.22 2,575.51 -56.75 1,035.17 197.98 6,070.12 2,502.39 2,123.85 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -940.73 -624.53 -400.21 71.42 77.88 -94.11 -560.33 -426.75 -347.62 -440.88 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -4,077.86 902.13 -1,734.53 -1,458.91 -975.19 -2,177.45 2,311.49 -3,429.22 -1,476.82 361.84 Net Fixed Assets -653.55 -379.49 -325.86 -28.34 -715.43 -1,962.83 -898.90 -1,288.55 -708.97 3,320.68 Net Investments -3,113.19 1,103.83 -1,843.97 -1,750.91 -349.09 -83.13 2,970.17 -2,727.82 -898.41 668.39 Others -311.12 177.79 435.30 320.34 89.33 -131.49 240.22 587.15 130.56 -3,627.23 Cash from Financing Activity -3,023.50 -1,917.47 -940.17 -723.76 205.97 1,148.98 -1,616.16 -2,090.93 -1,371.85 -1,210.67 Net Cash Inflow / Outflow 718.06 1,487.78 -538.69 464.26 -748.09 -87.41 332.98 123.22 -693.90 834.15 Opening Cash & Equivalents 1,941.87 454.11 994.25 530.13 1,279.04 1,364.98 1,031.47 908.08 1,562.73 726.25 Closing Cash & Equivalent 2,659.82 1,941.87 454.11 994.25 530.13 1,279.04 1,364.98 1,031.47 868.61 1,562.73

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Cash From Operating Activity 128.47 -6,257.98 -4,499.26 2,844.56 -1,065.13 383.18 -3,745.49 1,462.43 270.10 -1,274.67 PBT 4,596.33 4,106.07 2,265.75 -199.59 -67.08 739.16 2,871.66 2,558.36 1,838.89 1,287.24 Adjustment 1,848.24 1,837.19 1,058.34 1,445.91 911.53 1,061.45 1,028.88 848.42 994.81 1,196.60 Changes in Working Capital -5,165.84 -11,335.14 -7,261.23 1,654.46 -1,946.55 -1,196.34 -6,893.24 -1,365.92 -2,089.77 -3,215.71 Cash after chg. in Working capital 1,278.73 -5,391.88 -3,937.14 2,900.78 -1,102.10 604.27 -2,992.70 2,040.86 743.93 -731.88 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -1,150.26 -866.10 -562.12 -56.22 36.97 -221.09 -752.79 -578.43 -473.83 -542.79 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -5,758.27 1,135.38 -2,934.96 -1,916.67 -991.10 -1,202.67 1,891.86 -3,166.24 -1,694.88 453.57 Net Fixed Assets -653.55 -379.49 -325.86 -28.34 -715.43 -1,962.83 -898.90 -1,288.55 -708.97 3,320.68 Net Investments -3,113.19 1,103.83 -1,843.97 -1,750.91 -349.09 -83.13 2,970.17 -2,727.82 -898.41 668.39 Others -1,991.53 411.04 -765.13 -137.42 73.42 843.29 -179.41 850.13 -87.50 -3,535.50 Cash from Financing Activity 6,957.58 8,431.59 7,280.59 -377.63 1,330.67 1,238.85 2,397.75 1,905.42 737.74 1,659.96 Net Cash Inflow / Outflow 1,327.78 3,308.99 -153.63 550.26 -725.56 419.36 544.12 201.61 -687.04 838.87 Opening Cash & Equivalents 5,217.32 1,908.58 2,030.96 1,481.04 2,188.24 1,767.39 1,218.04 1,013.14 1,681.19 839.98 Closing Cash & Equivalent 6,544.77 5,217.32 1,908.58 2,030.96 1,481.04 2,188.24 1,767.39 1,218.04 1,013.14 1,681.19

Financial Ratios

Consolidated /

Standalone

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Book Value (Rs.) 19.54 14.94 28.57 24.86 23.62 24.67 28.36 24.52 21.46 19.00 ROA 13.45% 11.33% 6.43% 2.79% -1.80% 1.38% 11.15% 10.95% 9.12% 2.99% ROE 32.63% 30.51% 17.60% 7.61% -4.43% 3.08% 25.59% 25.86% 21.24% 8.20% ROCE 38.01% 35.65% 21.38% 7.69% -0.99% 4.83% 29.45% 30.26% 18.46% 14.07% Fixed Asset Turnover 3.39 3.46 3.35 2.06 1.55 2.08 4.05 4.23 3.92 2.95 Receivable days 29.79 35.64 35.56 49.05 46.85 37.69 21.39 13.56 19.37 22.28 Inventory Days 28.36 27.86 24.09 34.99 39.55 40.03 27.54 29.63 35.61 27.01 Payable days 86.24 84.76 85.89 123.76 131.27 97.98 68.27 65.05 60.61 59.11 Cash Conversion Cycle -28.09 -21.27 -26.25 -39.72 -44.87 -20.26 -19.34 -21.85 -5.63 -9.82 Total Debt/Equity 0.13 0.26 0.38 0.48 0.54 0.45 0.08 0.17 0.35 0.45 Interest Cover 21.05 16.20 8.30 2.75 -0.34 4.31 36.48 17.20 9.56 4.34

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Book Value (Rs.) 20.73 15.25 28.98 24.74 26.63 26.45 29.76 25.11 22.40 18.49 ROA 4.54% 4.41% 2.77% -0.67% -0.17% 1.18% 6.02% 6.03% 6.75% 3.80% ROE 32.02% 30.88% 17.23% -3.79% -0.89% 5.54% 27.14% 26.34% 28.24% 18.07% ROCE 15.29% 15.92% 12.33% 5.30% 5.94% 8.76% 17.07% 17.70% 16.10% 15.32% Fixed Asset Turnover 3.24 3.31 3.25 2.13 1.68 2.24 3.94 3.86 3.52 2.75 Receivable days 26.76 31.76 32.16 43.18 41.81 34.38 21.13 14.52 20.04 22.43 Inventory Days 29.52 29.26 25.81 34.60 37.25 37.46 28.61 30.74 35.81 27.94 Payable days 87.69 86.56 87.95 123.54 130.62 92.49 66.24 64.65 60.69 58.41 Cash Conversion Cycle -31.41 -25.53 -29.99 -45.76 -51.56 -20.66 -16.50 -19.39 -4.84 -8.04 Total Debt/Equity 4.08 4.53 3.63 3.30 3.06 2.86 2.19 2.15 2.07 2.10 Interest Cover 2.17 2.38 2.08 0.89 0.96 1.41 2.90 3.08 2.75 2.39

Top Investors:

government of singapore

sbi mutual fund (under different sub accounts)

government pension fund global

sbi life insurance co. ltd

life insurance corporation of india (under different sub accounts)

t. rowe price emerging markets discovery stock trust

kotak mahindra trustee co ltd (under different sub accounts)

franklin templeton mutual fund (under different sub accounts)

investor education and protection fund (iepf)

llp

Annual Reports:

News Update:

Ashok Leyland reports 24% rise in February sales
2nd Mar 2026, 11:30 AM

The company’s total domestic sales in February 2026 stood at 20,314 units, a growth of 28% Y-o-Y
Read More
Ashok Leyland - Quarterly Results
12th Feb 2026, 00:00 AM

Read More
Ashok Leyland reports 7% rise in Q3 consolidated net profit
11th Feb 2026, 16:14 PM

The consolidated total income of the company increased by 24.46% at Rs 15010.65 crore for Q3FY26
Read More
Ashok Leyland reports 27% rise in January sales
1st Feb 2026, 16:24 PM

The company’s total domestic sales in January 2026 stood at 20,079 units
Read More
Ashok Leyland reports 27% rise in December sales
1st Jan 2026, 15:42 PM

The company’s total domestic sales in December 2025 stood at 19,855 units
Read More

Ashok Leyland Ltd.

Automobiles-Trucks/Lcv

BSE: 500477 | NSE: ASHOKLEY

Stock Summary

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Consolidated Figures in Rs. Crores /

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Cash Flow

Consolidated Figures in Rs. Crores /

Financial Ratios

Consolidated /

Top Investors:

Annual Reports:

News Update:

Ashok Leyland Ltd.

Automobiles-Trucks/Lcv

BSE: 500477 | NSE: ASHOKLEY

Stock Summary

Shareholding Pattern

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Consolidated Figures in Rs. Crores /

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Cash Flow

Consolidated Figures in Rs. Crores /

Financial Ratios

Consolidated /

Top Investors:

Annual Reports:

News Update: