Nifty
:
23270.60
Sensex
:
74314.59
53.00 (0.23%)
-21.86 (-0.03%)
Nifty
Sensex
:
:
23270.60
74314.59
53.00 (0.23%)
-21.86 (-0.03%)

Ashok Leyland Ltd.

Automobiles-Trucks/Lcv

Rating :
66/99

BSE: 500477 | NSE: ASHOKLEY

NSE BSE
158.62
17-Sep-2026
  • Open
  • High
  • Low
  • Previous Close
  •  156.89
  •  159.64
  •  156.08
  •  156.50
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  8725516
  •  1384147309.18
  •  215.42
  •  134.21

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 93,335.55
  • 26.85
  • 1
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 1,46,228.13
  • 2.20%
  • 6.27

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 51.51%
  • 0.42%
  • 10.35%
  • FII
  • DII
  • Others
  • 20.67%
  • 14.31%
  • 2.74%

Chart

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

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 9.44
  • 16.52
  • 7.24

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 12.54
  • 31.21
  • 6.42

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 8.10
  • 45.76
  • 11.81

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 21.11
  • 25.13
  • 25.70

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 5.09
  • 6.12
  • 6.54

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 14.37
  • 15.03
  • 12.57

Earnings Forecasts:

(Updated: 12-09-2026)
Description
2026
2027
2028
2029
Adj EPS
78
-19
11.09
6.51
P/E Ratio
2.03
-8.35
14.30
24.37
Revenue
23.75
20.49
18.9
43991
EBITDA
47871.2
52242.5
56672.8
5707.66
Net Income
6086.46
6965.92
7592.05
3577.2
ROA
4021.1
4520.8
5246.99
14.43
P/B Ratio
-0.03
-0.02
-0.02
7.05
ROE
6.38
5.52
4.85
30.38
FCFF
28.61
28.71
28.13
3197.3
FCFF Yield
3875.04
4718.63
4934.6
2.16
Net Debt
2.62
3.19
3.34
-5278.85
BVPS
-6032.49
-8011.2
-9412.97
22.49

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Jun 26
Jun 25
Var%
Mar 26
Mar 25
Var%
Dec 25
Dec 24
Var%
Sep 25
Sep 24
Var%
Net Sales
13,069.59
11,708.54
11.62%
17,246.44
14,695.55
17.36%
14,830.24
11,995.21
23.63%
12,576.86
11,147.58
12.82%
Expenses
10,659.52
9,535.40
11.79%
13,938.21
11,704.63
19.08%
12,007.81
9,658.92
24.32%
10,135.66
9,107.81
11.29%
EBITDA
2,410.07
2,173.14
10.90%
3,308.23
2,990.92
10.61%
2,822.43
2,336.29
20.81%
2,441.20
2,039.77
19.68%
EBIDTM
18.44%
18.56%
19.18%
20.35%
19.03%
19.48%
19.41%
18.30%
Other Income
188.65
98.66
91.21%
170.86
121.63
40.48%
180.41
64.94
177.81%
134.89
114.26
18.06%
Interest
1,340.60
1,111.90
20.57%
1,240.61
1,052.82
17.84%
1,200.12
1,011.27
18.67%
1,152.02
962.30
19.72%
Depreciation
314.54
273.23
15.12%
314.01
339.80
-7.59%
282.22
267.70
5.42%
268.10
244.03
9.86%
PBT
943.58
886.67
6.42%
1,905.19
1,609.04
18.41%
1,195.34
1,124.65
6.29%
1,115.97
1,066.72
4.62%
Tax
281.95
233.69
20.65%
558.46
374.66
49.06%
337.35
312.56
7.93%
304.31
311.51
-2.31%
PAT
661.63
652.98
1.32%
1,346.73
1,234.38
9.10%
857.99
812.09
5.65%
811.66
755.21
7.47%
PATM
5.06%
5.58%
7.81%
8.40%
5.79%
6.77%
6.45%
6.77%
EPS
1.05
1.04
0.96%
2.20
1.92
14.58%
1.38
1.30
6.15%
1.29
1.20
7.50%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Net Sales
57,723.13
56,362.08
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
Net Sales Growth
16.50%
16.13%
6.20%
9.67%
58.83%
34.87%
-11.38%
-33.88%
12.02%
29.58%
 
Cost Of Goods Sold
34,598.55
33,855.95
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
Gross Profit
23,124.58
22,506.13
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
GP Margin
40.06%
39.93%
38.85%
36.05%
30.84%
32.87%
38.07%
39.20%
34.94%
35.15%
35.58%
Total Expenditure
46,741.20
45,648.40
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
Power & Fuel Cost
-
331.80
316.82
302.22
279.44
189.67
168.88
183.52
260.42
238.51
186.42
% Of Sales
-
0.59%
0.65%
0.66%
0.67%
0.72%
0.87%
0.84%
0.78%
0.80%
0.82%
Employee Cost
-
4,733.51
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
% Of Sales
-
8.40%
8.57%
8.04%
7.76%
9.97%
11.10%
9.98%
7.95%
7.62%
8.09%
Manufacturing Exp.
-
531.13
449.67
462.42
379.87
347.87
228.03
238.41
382.98
404.08
343.80
% Of Sales
-
0.94%
0.93%
1.01%
0.91%
1.33%
1.17%
1.09%
1.15%
1.36%
1.50%
General & Admin Exp.
-
1,880.71
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
% Of Sales
-
3.34%
3.09%
2.50%
2.47%
5.74%
6.52%
7.36%
6.86%
7.61%
8.42%
Selling & Distn. Exp.
-
2,059.70
1,878.68
1,929.09
1,671.05
455.85
296.83
467.36
566.47
480.16
278.26
% Of Sales
-
3.65%
3.87%
4.22%
4.01%
1.74%
1.53%
2.13%
1.71%
1.62%
1.22%
Miscellaneous Exp.
-
2,255.60
1,341.60
1,115.18
1,165.49
754.07
828.36
676.38
597.94
535.75
278.26
% Of Sales
-
4.00%
2.76%
2.44%
2.80%
2.87%
4.26%
3.08%
1.80%
1.81%
1.17%
EBITDA
10,981.93
10,713.68
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
EBITDA Margin
19.03%
19.01%
18.97%
17.17%
12.22%
10.50%
12.63%
14.73%
14.68%
14.32%
14.37%
Other Income
674.81
616.14
358.46
235.28
107.11
97.55
137.38
107.84
161.10
199.14
153.94
Interest
4,933.35
4,704.65
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
Depreciation
1,178.87
1,137.56
1,086.65
927.29
900.22
865.96
835.62
749.99
675.56
645.89
572.79
PBT
5,160.08
5,487.61
4,549.35
4,173.91
2,206.29
117.04
-142.66
789.55
2,857.63
2,571.09
1,818.44
Tax
1,482.07
1,433.81
1,213.54
1,409.73
906.11
85.86
2.52
279.36
677.06
751.11
196.12
Tax Rate
28.72%
28.10%
26.59%
34.47%
40.20%
-41.46%
-3.78%
37.94%
23.67%
29.36%
10.64%
PAT
3,678.01
3,471.03
3,106.80
2,483.52
1,238.71
-358.61
-165.23
336.67
2,078.70
1,760.38
1,593.59
PAT before Minority Interest
3,422.75
3,720.98
3,382.79
2,696.34
1,358.82
-285.45
-69.60
459.80
2,194.60
1,813.82
1,637.14
Minority Interest
-255.26
-249.95
-275.99
-212.82
-120.11
-73.16
-95.63
-123.13
-115.90
-53.44
-43.55
PAT Margin
6.37%
6.16%
6.40%
5.43%
2.97%
-1.37%
-0.85%
1.53%
6.26%
5.94%
6.97%
PAT Growth
6.47%
11.72%
25.10%
100.49%
-
-
-
-83.80%
18.08%
10.47%
 
EPS
6.31
5.96
5.33
4.26
2.13
-0.62
-0.28
0.58
3.57
3.02
2.74

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Shareholder's Funds
14,241.69
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
Share Capital
587.39
293.65
293.63
293.61
293.55
293.55
293.55
293.55
292.71
284.59
Total Reserves
13,632.08
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
Non-Current Liabilities
49,040.31
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
Secured Loans
41,488.16
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
Unsecured Loans
4,528.20
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
Long Term Provisions
816.29
848.00
857.51
633.28
283.99
229.38
228.54
316.87
313.32
189.16
Current Liabilities
33,117.68
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
Trade Payables
9,291.24
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
Other Current Liabilities
20,161.03
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
Short Term Borrowings
1,286.92
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
Short Term Provisions
2,378.49
1,751.91
1,330.37
714.82
656.50
633.28
715.99
609.77
646.35
355.10
Total Liabilities
1,00,704.23
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
Net Block
10,435.15
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
Gross Block
18,575.36
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
Accumulated Depreciation
8,140.21
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
Non Current Assets
56,961.91
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
Capital Work in Progress
939.68
577.29
414.82
268.12
240.01
335.54
573.89
677.61
439.42
244.19
Non Current Investment
1,145.03
1,942.73
1,305.42
1,341.01
998.49
851.11
777.10
859.12
966.84
845.21
Long Term Loans & Adv.
43,246.27
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
Other Non Current Assets
1,195.78
626.97
427.75
43.14
27.56
77.31
198.21
402.33
409.95
466.99
Current Assets
43,742.32
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
Current Investments
6,322.05
4,666.92
1,023.19
3,511.34
1,653.63
244.52
183.24
632.76
3,415.74
1,088.11
Inventories
4,671.80
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
Sundry Debtors
3,087.44
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
Cash & Bank
10,757.22
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
Other Current Assets
18,903.81
717.47
513.28
697.78
8,978.24
8,379.05
9,849.87
8,296.82
6,392.11
4,748.48
Short Term Loans & Adv.
17,862.19
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
Net Current Assets
10,624.64
7,669.26
2,324.01
1,727.44
-29.45
-304.94
514.83
1,171.62
230.07
640.47
Total Assets
1,00,704.23
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

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Cash From Operating Activity
-4,894.71
128.47
-6,257.98
-4,499.26
2,844.56
-1,065.13
383.18
-3,745.49
1,462.43
270.10
PBT
5,154.79
4,596.33
4,106.07
2,265.75
-199.59
-67.08
739.16
2,871.66
2,558.36
1,838.89
Adjustment
2,478.55
1,848.24
1,837.19
1,058.34
1,445.91
911.53
1,061.45
1,028.88
848.42
994.81
Changes in Working Capital
-11,104.94
-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
Cash after chg. in Working capital
-3,471.60
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
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-1,423.11
-1,150.26
-866.10
-562.12
-56.22
36.97
-221.09
-752.79
-578.43
-473.83
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
-7,015.79
-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
Net Fixed Assets
-1,178.20
-630.37
-379.49
-325.86
-28.34
-715.43
-1,962.83
-898.90
-1,288.55
-708.97
Net Investments
-2,006.04
-3,113.19
1,103.83
-1,843.97
-1,750.91
-349.09
-83.13
2,970.17
-2,727.82
-898.41
Others
-3,831.55
-2,014.71
411.04
-765.13
-137.42
73.42
843.29
-179.41
850.13
-87.50
Cash from Financing Activity
11,617.23
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
Net Cash Inflow / Outflow
-293.27
1,327.78
3,308.99
-153.63
550.26
-725.56
419.36
544.12
201.61
-687.04
Opening Cash & Equivalents
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
Closing Cash & Equivalent
6,280.89
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

Financial Ratios

Consolidated /

Standalone
Description
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Book Value (Rs.)
24.21
20.73
15.25
28.98
24.74
26.63
26.45
29.76
25.11
22.40
ROA
4.08%
4.54%
4.41%
2.77%
-0.67%
-0.17%
1.18%
6.02%
6.03%
6.75%
ROE
28.19%
32.02%
30.88%
17.23%
-3.79%
-0.89%
5.54%
27.14%
26.34%
28.24%
ROCE
14.10%
15.29%
15.92%
12.33%
5.30%
5.94%
8.76%
17.07%
17.70%
16.10%
Fixed Asset Turnover
3.32
3.24
3.31
3.25
2.13
1.68
2.24
3.94
3.86
3.52
Receivable days
20.47
26.76
31.76
32.16
43.18
41.81
34.38
21.13
14.52
20.04
Inventory Days
27.55
29.52
29.26
25.81
34.60
37.25
37.46
28.61
30.74
35.81
Payable days
90.31
87.69
86.56
87.95
123.54
130.62
92.49
66.24
64.65
60.69
Cash Conversion Cycle
-42.29
-31.41
-25.53
-29.99
-45.76
-51.56
-20.66
-16.50
-19.39
-4.84
Total Debt/Equity
4.48
4.08
4.53
3.63
3.30
3.06
2.86
2.19
2.15
2.07
Interest Cover
2.10
2.17
2.38
2.08
0.89
0.96
1.41
2.90
3.08
2.75

Annual Reports:

FY 2026
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017

News Update:


  • Ashok Leyland reports 38% rise in August sales
    1st Sep 2026, 15:59 PM

    During August 2026, the company’s LCV sales grew 25% year-on-year 7,319 units

    Read More
  • Ashok Leyland - Quarterly Results
    15th Aug 2026, 00:00 AM

    Read More
  • Ashok Leyland reports marginal rise in Q1 consolidated net profit
    14th Aug 2026, 17:42 PM

    The total consolidated income of the company has increased by 12.29% at Rs 13,258.24 crore for Q1FY27

    Read More
  • Ashok Leyland raises Rs 300 crore through NCDs
    11th Aug 2026, 14:49 PM

    The NCDs carry a coupon rate of 7.50% per annum and have a tenure of 2 years

    Read More
  • Ashok Leyland reports 30% rise in July sales
    3rd Aug 2026, 10:59 AM

    During July 2026, the company’s LCV sales grew 32% Y-o-Y to 7,320 units

    Read More
  • Ashok Leyland signs MoU with Shriram Automall India
    23rd Jul 2026, 16:00 PM

    This partnership combines Ashok Leyland's trusted commercial vehicle legacy with SAMIL's nationwide auction

    Read More
  • Ashok Leyland launches India’s first air suspension range of trucks
    1st Jul 2026, 15:41 PM

    The company has launched three breakthrough models -- AVTR 4925 10x2 MAV, AVTR 4625 10x2 MAV and AVTR 4525 8x2 MAV

    Read More
  • Ashok Leyland, Switch Mobility sign MoU with MoRTH
    16th Jun 2026, 12:54 PM

    Ashok Leyland and Switch Mobility have become the first OEMs to partner with the Government for implementation of the scheme

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.