company background image
ASHOKLEY logo

Ashok Leyland NSEI:ASHOKLEY Stock Report

Last Price

₹218.94

Market Cap

₹642.9b

7D

-6.8%

1Y

27.3%

Updated

23 Dec, 2024

Data

Company Financials +

Ashok Leyland Limited

NSEI:ASHOKLEY Stock Report

Market Cap: ₹642.9b

ASHOKLEY Stock Overview

Manufactures and sells commercial vehicles in India and internationally. More details

ASHOKLEY fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance2/6
Financial Health1/6
Dividends4/6

Rewards

Price-To-Earnings ratio (24.5x) is below the Indian market (32.4x)

Earnings are forecast to grow 13.07% per year

Earnings have grown 63.8% per year over the past 5 years

Trading at good value compared to peers and industry

Risk Analysis

Interest payments are not well covered by earnings

High level of non-cash earnings

Dividend of 2.26% is not well covered by free cash flows


My Notes

Capture your thoughts, links and company narrative

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WA
Analyst Price Target
Consensus Narrative from 38 Analysts

Alternate Fuel Vehicles And International Expansion Will Strengthen Future Market Position

Key Takeaways Expansion in international markets and innovation in alternate fuel vehicles could drive revenue growth and enhance market share. Focus on high-margin non-core businesses and efficient cost management is expected to sustain profitability and improve financial stability.
View narrative
₹251.03
FV
12.8% undervalued intrinsic discount
1.09%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
5 days ago author updated this narrative

Ashok Leyland Limited Competitors

Cummins India

BSE:500480

₹931.3b

Cochin Shipyard

NSEI:COCHINSHIP

₹385.9b

Action Construction Equipment

NSEI:ACE

₹177.7b

Titagarh Rail Systems

NSEI:TITAGARH

₹169.3b

Price History & Performance

Summary of share price highs, lows and changes for Ashok Leyland
Historical stock prices
Current Share Price₹218.94
52 Week High₹264.65
52 Week Low₹157.55
Beta0.83
1 Month Change-2.24%
3 Month Change-7.74%
1 Year Change27.29%
3 Year Change78.29%
5 Year Change167.65%
Change since IPO3,268.33%

Recent News & Updates

Ashok Leyland Limited (NSE:ASHOKLEY) Looks Inexpensive But Perhaps Not Attractive Enough

Dec 23
Ashok Leyland Limited (NSE:ASHOKLEY) Looks Inexpensive But Perhaps Not Attractive Enough

Ashok Leyland Limited's (NSE:ASHOKLEY) Intrinsic Value Is Potentially 20% Below Its Share Price

Dec 09
Ashok Leyland Limited's (NSE:ASHOKLEY) Intrinsic Value Is Potentially 20% Below Its Share Price

Recent updates

Ashok Leyland Limited (NSE:ASHOKLEY) Looks Inexpensive But Perhaps Not Attractive Enough

Dec 23
Ashok Leyland Limited (NSE:ASHOKLEY) Looks Inexpensive But Perhaps Not Attractive Enough

Ashok Leyland Limited's (NSE:ASHOKLEY) Intrinsic Value Is Potentially 20% Below Its Share Price

Dec 09
Ashok Leyland Limited's (NSE:ASHOKLEY) Intrinsic Value Is Potentially 20% Below Its Share Price

Why Ashok Leyland Limited (NSE:ASHOKLEY) Could Be Worth Watching

Nov 04
Why Ashok Leyland Limited (NSE:ASHOKLEY) Could Be Worth Watching

Returns On Capital At Ashok Leyland (NSE:ASHOKLEY) Have Hit The Brakes

Oct 04
Returns On Capital At Ashok Leyland (NSE:ASHOKLEY) Have Hit The Brakes

Does This Valuation Of Ashok Leyland Limited (NSE:ASHOKLEY) Imply Investors Are Overpaying?

Sep 06
Does This Valuation Of Ashok Leyland Limited (NSE:ASHOKLEY) Imply Investors Are Overpaying?

Why Investors Shouldn't Be Surprised By Ashok Leyland Limited's (NSE:ASHOKLEY) P/E

Aug 23
Why Investors Shouldn't Be Surprised By Ashok Leyland Limited's (NSE:ASHOKLEY) P/E

Investors Met With Slowing Returns on Capital At Ashok Leyland (NSE:ASHOKLEY)

Jun 27
Investors Met With Slowing Returns on Capital At Ashok Leyland (NSE:ASHOKLEY)

These 4 Measures Indicate That Ashok Leyland (NSE:ASHOKLEY) Is Using Debt Reasonably Well

Jun 13
These 4 Measures Indicate That Ashok Leyland (NSE:ASHOKLEY) Is Using Debt Reasonably Well

Investors Shouldn't Be Too Comfortable With Ashok Leyland's (NSE:ASHOKLEY) Earnings

May 31
Investors Shouldn't Be Too Comfortable With Ashok Leyland's (NSE:ASHOKLEY) Earnings

Is There Now An Opportunity In Ashok Leyland Limited (NSE:ASHOKLEY)?

May 21
Is There Now An Opportunity In Ashok Leyland Limited (NSE:ASHOKLEY)?

Ashok Leyland Limited's (NSE:ASHOKLEY) Price Is Right But Growth Is Lacking

Apr 21
Ashok Leyland Limited's (NSE:ASHOKLEY) Price Is Right But Growth Is Lacking

A Look At The Fair Value Of Ashok Leyland Limited (NSE:ASHOKLEY)

Apr 07
A Look At The Fair Value Of Ashok Leyland Limited (NSE:ASHOKLEY)

Returns On Capital At Ashok Leyland (NSE:ASHOKLEY) Have Hit The Brakes

Mar 24
Returns On Capital At Ashok Leyland (NSE:ASHOKLEY) Have Hit The Brakes

Is Now The Time To Put Ashok Leyland (NSE:ASHOKLEY) On Your Watchlist?

Mar 12
Is Now The Time To Put Ashok Leyland (NSE:ASHOKLEY) On Your Watchlist?

Is Now An Opportune Moment To Examine Ashok Leyland Limited (NSE:ASHOKLEY)?

Feb 13
Is Now An Opportune Moment To Examine Ashok Leyland Limited (NSE:ASHOKLEY)?

Little Excitement Around Ashok Leyland Limited's (NSE:ASHOKLEY) Revenues

Dec 31
Little Excitement Around Ashok Leyland Limited's (NSE:ASHOKLEY) Revenues

Shareholder Returns

ASHOKLEYIN MachineryIN Market
7D-6.8%-4.2%-4.3%
1Y27.3%31.5%19.1%

Return vs Industry: ASHOKLEY underperformed the Indian Machinery industry which returned 31.5% over the past year.

Return vs Market: ASHOKLEY exceeded the Indian Market which returned 19.1% over the past year.

Price Volatility

Is ASHOKLEY's price volatile compared to industry and market?
ASHOKLEY volatility
ASHOKLEY Average Weekly Movement3.5%
Machinery Industry Average Movement6.4%
Market Average Movement6.2%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market4.1%

Stable Share Price: ASHOKLEY has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: ASHOKLEY's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19489,607Shenu Agarwalwww.ashokleyland.com

Ashok Leyland Limited, together with its subsidiaries, manufactures and sells commercial vehicles in India and internationally. The company offers buses; haulage and ICV trucks, as well as tractors and tippers; light commercial vehicles goods carriers and passenger, as well as small commercial vehicles goods carriers; and defense vehicles comprising logistics, high mobility, armored, and specialist vehicles. It also provides power solutions, such as diesel generators, agriculture engines, industrial engines, and marine engines; spare parts; and vehicle and housing financing services.

Ashok Leyland Limited Fundamentals Summary

How do Ashok Leyland's earnings and revenue compare to its market cap?
ASHOKLEY fundamental statistics
Market cap₹642.92b
Earnings (TTM)₹26.28b
Revenue (TTM)₹465.32b

24.5x

P/E Ratio

1.4x

P/S Ratio

Is ASHOKLEY overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ASHOKLEY income statement (TTM)
Revenue₹465.32b
Cost of Revenue₹289.06b
Gross Profit₹176.26b
Other Expenses₹149.97b
Earnings₹26.28b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)8.95
Gross Margin37.88%
Net Profit Margin5.65%
Debt/Equity Ratio330.9%

How did ASHOKLEY perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

59%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 17:59
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Ashok Leyland Limited is covered by 75 analysts. 39 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jinesh GandhiAmbit Capital
Mumuksh MandleshaAnand Rathi Shares and Stock Brokers Limited
Shrikant AkolkarAngel Broking Private Limited