What is Ashok Leyland Ltd's PE ratio?

Ashok Leyland Ltd trades at a P/E ratio of 24.40.

What is Ashok Leyland Ltd's market cap?

Ashok Leyland Ltd's market capitalisation is ₹88,736 Cr.

When did Ashok Leyland Ltd last report results?

Ashok Leyland Ltd last reported Q4FY26 results on 29 May '26.

What is Ashok Leyland Ltd's ROE?

Ashok Leyland Ltd's return on equity (ROE) is 27.4%.

What sector is Ashok Leyland Ltd in?

Ashok Leyland Ltd (ASHOKLEY) is classified in the Industrials sector (Commercial Vehicles).

Industrials · Commercial Vehicles

Ashok Leyland Ltd (ASHOKLEY)

₹151.07

Mkt cap

₹88,736 Cr

P/E ratio

24.40

P/B

6.24

Div yield

2.32%

ROE

27.40%

ROCE

13.60%

EPS (TTM)

₹6.19

Book value

₹24

52W range

115–212

Sector

Industrials

Ashok Leyland is the flagship Company of the Hinduja group, having a long-standing presence in the domestic medium and heavy commercial vehicle (M&HCV) segment. The company has a strong brand and well-diversified distribution and service network across the country and has a presence in 50 countries, it is one of the most fully-integrated manufacturing companies. Its headquarter is in Chennai [1] They manage driver training institutes across India and have trained over 8,00,000 drivers since inception. [1]

NSE ASHOKLEYBSE 500477www.ashokleyland.com

Health check

Mixed

ValuationCheap

ProfitabilityAverage

GrowthModerate

TechnicalsBearish

52-week range

−28.71% from high

₹151

₹115+30.89% from low₹212

Current

₹151.07

Prev close

₹151.20

Day

−0.09%

Price performance

−0.09%

−2.41%

−5.98%

−11.08%

−16.44%

+22.08%

YTD

−19.98%

Financials

F

Revenue, profit & margin

P/E ratio

24.4×

ASHOKLEY is 26% below the sector median of 33.0×

ASHOKLEY24.4×

Sector median33.0×

	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
Sales	13,203	9,691	11,429	11,093	13,542	10,724	11,148	11,995	14,696	11,709	12,577	14,830	17,246
Expenses	11,245	8,183	9,559	9,131	10,975	8,856	9,108	9,659	11,705	9,535	10,136	12,008	13,938
Operating Profit	1,958	1,509	1,870	1,961	2,567	1,868	2,040	2,336	2,991	2,173	2,441	2,822	3,308
OPM %	15%	16%	16%	18%	19%	17%	18%	19%	20%	19%	19%	19%	19%
Other Income	97	53	-1	46	10	36	245	75	22	103	103	-140	186
Interest	582	655	715	783	829	904	962	1,011	1,053	1,112	1,152	1,200	1,241
Depreciation	259	227	227	241	233	235	244	268	340	273	268	282	314
Profit before tax	1,214	679	927	984	1,516	765	1,078	1,132	1,621	891	1,124	1,200	1,940
Tax %	34%	14%	39%	38%	38%	28%	29%	28%	23%	26%	27%	28%	29%
Net Profit	803	584	569	609	934	551	767	820	1,246	658	820	862	1,381
EPS in Rs	1.28	0.93	0.90	0.95	1.45	0.87	1.20	1.30	1.92	1.04	1.29	1.38	2.20
Raw PDF

Earnings

EResults dates & reactions

No upcoming results date on calendar.

Fresh quarters land in the Financials table above, tagged NSE until screener catches up.

Avg earnings-day move +0.69% · closed higher next day 33 of last 60

	Q1FY24	Q2FY24	Q3FY24	Q4FY24	Q1FY25	Q2FY25	Q3FY25	Q4FY25	Q1FY26	Q2FY26	Q3FY26	Q4FY26
Broadcast	21 Jul '23	9 Nov '23◦	6 Feb '24	25 May '24◦	25 Jul '24◦	8 Nov '24◦	12 Feb '25◦	23 May '25◦	14 Aug '25	12 Nov '25	11 Feb '26	29 May '26
Earnings day	+3.51%	+2.00%	+0.39%	+7.59%	+6.00%	+1.10%	−1.04%	+0.12%	+1.86%	−2.40%	−1.61%	−5.00%
+1 day	+3.85%	+2.09%	−0.81%	+7.67%	+10.29%	−0.35%	−2.51%	0.00%	+10.05%	+2.99%	+0.62%	−8.46%
+5 days	+2.05%	+1.03%	−3.51%	+12.24%	+7.62%	−0.25%	+3.25%	−1.40%	+9.58%	−0.40%	−0.66%	−11.20%
+15 days	+6.49%	+2.68%	−2.93%	+13.55%	+10.78%	+5.44%	−4.37%	−1.61%	+14.67%	+11.41%	−3.19%	−4.25%
+30 days	+4.59%	+2.21%	−9.87%	+8.34%	+4.93%	−0.79%	−4.70%	+4.25%	+18.95%	+20.04%	−22.24%	−2.69%
Filing	XBRL	XBRL	XBRL	XBRL	XBRL	XBRL	XBRL	XBRL	XBRL	PDF	XBRL	XBRL

Corporate actions

CLast 6 months

Kind	Value	Ex-date	Record
dividend Interim Dividend - Rs 2.50 Per Share	2.50	3 Jun '26	3 Jun '26

Shareholding

Sas of Jun 2026

51.51%Promoter

Promoters51.51%

FIIs20.67%3.90

DIIs15.75%2.69

Public11.99%1.20

Government0.07%

Ownership trend

Peers

P4 companies

Valuation vs quality

P/E × ROCE · bubble = market cap

Name	CMP	P/E	Mkt Cap	Div Yld	NP Qtr	Qtr Profit Var	Sales Qtr	Qtr Sales Var	ROCE
Tata Motors	₹406.15	37.78	1,49,536	0.98%	1,793	+34.91%	26,098	+19.37%	35.90%
Ashok Leyland	₹151.07	24.44	88,736	2.32%	1,381	+9.51%	17,246	+17.36%	13.63%
SML Mahindra	₹3,844.40	35.56	5,562	0.61%	64	−4.99%	958	+13.20%	30.90%
Atul Auto	₹473.40	30.39	1,314	0.00%	18	+106.85%	241	+13.94%	11.38%
Median: 4 Co.	₹439.77	32.98	47,149	0.79%	722	+22.21%	9,102	+15.65%	22.27%

Filings

D

Annual reports15

Financial Year 2026bse Financial Year 2025bse Financial Year 2024bse Financial Year 2023bse Financial Year 2022bse Financial Year 2021bse Financial Year 2020bse Financial Year 2019bse Financial Year 2018bse Financial Year 2017bse Financial Year 2016bse Financial Year 2015bse Financial Year 2014bse Financial Year 2013bse Financial Year 2012bse

Credit ratings6

Rating update 2 Junicra Rating update 22 Sep 2025care Rating update 12 Sep 2025icra Rating update 26 Sep 2024care Rating update 13 Sep 2024icra Rating update 12 Oct 2023icra

Announcements5

Announcement under Regulation 30 (LODR)-Newspaper Publication 21 Jul - Newspaper publication on completion of despatch of Annual Report and the notice convening the 77th AGM of the company Notice Of The 77Th Annual General Meeting To Be Held On August 14, 2026 And The Annual Report For The FY 2025-26 20 Jul - Ashok Leyland submits FY26 annual report; 77th AGM on August 14, 2026, with dividend and director resolutions.Reg. 34 (1) Annual Report. 20 Jul - FY26 annual report filed; 77th AGM on Aug 14, 2026, with dividend confirmation and director/CFO resolutions.Change In The Scheduled Time Of 77Th AGM 16 Jul - Ashok Leyland shifts 77th AGM time to 2:30 PM on August 14, 2026.Intimation Under Regulation 30 Of SEBI Listing Regulations 13 Jul - Arbitral Tribunal awarded Ashok Leyland ₹222.65 crore plus 10% interest and ₹2.96 crore costs; DTC counterclaim rejected.