Ashok Leyland Ltd (ASHOKLEY)
₹144.82
Mkt cap
₹85,065 Cr
P/E ratio
22.80
P/B
5.98
Div yield
2.42%
ROE
27.40%
ROCE
13.60%
EPS (TTM)
₹6.35
Book value
₹24
52W range
136–215
Sector
Industrials
Price history
Previous close
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 500477
Health check
Cautious
ValuationFair
ProfitabilityAverage
GrowthModerate
TechnicalsBearish
52-week range
−32.77% from high₹145
₹136+6.63% from low₹215
Current
₹144.82
Prev close
₹145.00
Day
−0.12%
Price performance
1D
−0.12%
1W
−0.09%
1M
−5.62%
3M
−8.39%
6M
−12.62%
1Y
+5.06%
YTD
−23.29%
Financials
Revenue, profit & margin
P/E ratio
22.8×
ASHOKLEY is 1% below the sector median of 23.1×
ASHOKLEY22.8×
Sector median23.1×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 9,691 | 11,429 | 11,093 | 13,542 | 10,724 | 11,148 | 11,995 | 14,696 | 11,709 | 12,577 | 14,830 | 17,246 | 13,070 | |
| Expenses | 8,183 | 9,559 | 9,131 | 10,975 | 8,856 | 9,108 | 9,659 | 11,705 | 9,535 | 10,136 | 12,008 | 13,938 | 10,660 | |
| Operating Profit | 1,509 | 1,870 | 1,961 | 2,567 | 1,868 | 2,040 | 2,336 | 2,991 | 2,173 | 2,441 | 2,822 | 3,308 | 2,410 | |
| OPM % | 16% | 16% | 18% | 19% | 17% | 18% | 19% | 20% | 19% | 19% | 19% | 19% | 18% | |
| Other Income | 53 | -1 | 46 | 10 | 36 | 245 | 75 | 22 | 103 | 103 | -140 | 186 | 195 | |
| Interest | 655 | 715 | 783 | 829 | 904 | 962 | 1,011 | 1,053 | 1,112 | 1,152 | 1,200 | 1,241 | 1,341 | |
| Depreciation | 227 | 227 | 241 | 233 | 235 | 244 | 268 | 340 | 273 | 268 | 282 | 314 | 315 | |
| Profit before tax | 679 | 927 | 984 | 1,516 | 765 | 1,078 | 1,132 | 1,621 | 891 | 1,124 | 1,200 | 1,940 | 950 | |
| Tax % | 14% | 39% | 38% | 38% | 28% | 29% | 28% | 23% | 26% | 27% | 28% | 29% | 30% | |
| Net Profit | 584 | 569 | 609 | 934 | 551 | 767 | 820 | 1,246 | 658 | 820 | 862 | 1,381 | 668 | |
| EPS in Rs | 0.93 | 0.90 | 0.95 | 1.45 | 0.87 | 1.20 | 1.30 | 1.92 | 1.04 | 1.29 | 1.38 | 2.20 | 1.05 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move +0.85% · closed higher next day 34 of last 61
| Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 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 | 14 Aug '26 |
| Earnings day | +2.00% | +0.39% | +7.59% | +6.00% | +1.10% | −1.04% | +0.12% | +1.86% | −2.40% | −1.61% | −5.00% | −2.60% |
| +1 day | +2.09% | −0.81% | +7.67% | +10.29% | −0.35% | −2.51% | 0.00% | +10.05% | +2.99% | +0.62% | −8.46% | +0.49% |
| +5 days | +1.03% | −3.51% | +12.24% | +7.62% | −0.25% | +3.25% | −1.40% | +9.58% | −0.40% | −0.66% | −11.20% | −1.83% |
| +15 days | +2.68% | −2.93% | +13.55% | +10.78% | +5.44% | −4.37% | −1.61% | +14.67% | +11.41% | −3.19% | −4.25% | −4.10% |
| +30 days | +2.21% | −9.87% | +8.34% | +4.93% | −0.79% | −4.70% | +4.25% | +18.95% | +20.04% | −22.24% | −2.69% | −11.92% |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
Last 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Interim Dividend - Rs 2.50 Per Share | 2.50 | 3 Jun '26 | 3 Jun '26 |
Shareholding
as of Sep 202651.51%Promoter
Promoters51.51%
FIIs19.89%0.78
DIIs16.64%0.89
Public11.89%0.10
Government0.07%
Ownership trend
Peers
4 companiesValuation 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 | ₹396.35 | 20.42 | 1,45,967 | 1.01% | 1,254 | +81.08% | 25,338 | +36.34% | 35.90% |
| Ashok Leyland | ₹144.82 | 22.84 | 85,065 | 2.42% | 668 | +0.78% | 13,070 | +11.62% | 13.63% |
| SML Mahindra | ₹4,724.50 | 46.49 | 6,836 | 0.50% | 12 | −44.42% | 670 | +20.66% | 30.90% |
| Atul Auto | ₹406.35 | 23.37 | 1,128 | 0.74% | 8 | +168.81% | 218 | +42.97% | 11.32% |
| Median: 4 Co. | ₹401.35 | 23.11 | 45,951 | 0.88% | 340 | +40.93% | 6,870 | +28.50% | 22.27% |
Filings
Annual reports15
Concall transcripts42
TranscriptAug 2026TranscriptJun 2026RECJun 2026TranscriptFeb 2026RECFeb 2026TranscriptNov 2025TranscriptAug 2025TranscriptMay 2025TranscriptFeb 2025TranscriptNov 2024TranscriptAug 2024RECAug 2024PPTJun 2024RECJun 2024TranscriptFeb 2024PPTFeb 2024TranscriptNov 2023TranscriptJul 2023TranscriptJun 2023PPTJun 2023TranscriptFeb 2023PPTMay 2022PPTFeb 2022TranscriptNov 2021
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Change in Management 22 Oct - Raja Radhakrishnan resigned as Head-Special Projects HR, effective close of business October 21, 2026.Announcement under Regulation 30 (LODR)-Credit Rating 9 Oct - ICRA reaffirmed Ashok Leyland ratings for ₹7,379.38 crore of instruments on October 9, 2026.Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 5 Oct - Compliance certificate under Reg 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended September 30, 2026.Announcement under Regulation 30 (LODR)-Monthly Business Updates 1 Oct - September 2026 sales rose 28% to 24,049 vehicles; domestic sales up 29%.Closure of Trading Window 24 Sep