Ashok Leyland Past Earnings Performance
Past criteria checks 5/6
Ashok Leyland has been growing earnings at an average annual rate of 16.6%, while the Machinery industry saw earnings growing at 21.9% annually. Revenues have been growing at an average rate of 15.1% per year. Ashok Leyland's return on equity is 22.9%, and it has net margins of 5.2%.
Key information
16.6%
Earnings growth rate
16.3%
EPS growth rate
| Machinery Industry Growth | 21.0% |
| Revenue growth rate | 15.1% |
| Return on equity | 22.9% |
| Net Margin | 5.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
A Look At The Fair Value Of Ashok Leyland Limited (NSE:ASHOKLEY)
Apr 07
Returns On Capital At Ashok Leyland (NSE:ASHOKLEY) Have Hit The Brakes
Mar 24Is Now The Time To Put Ashok Leyland (NSE:ASHOKLEY) On Your Watchlist?
Mar 12Is Now An Opportune Moment To Examine Ashok Leyland Limited (NSE:ASHOKLEY)?
Feb 13Little Excitement Around Ashok Leyland Limited's (NSE:ASHOKLEY) Revenues
Dec 31We Think Ashok Leyland (NSE:ASHOKLEY) Is Taking Some Risk With Its Debt
Dec 15Should You Be Adding Ashok Leyland (NSE:ASHOKLEY) To Your Watchlist Today?
Nov 30Ashok Leyland (NSE:ASHOKLEY) Has A Somewhat Strained Balance Sheet
Sep 08Be Wary Of Ashok Leyland (NSE:ASHOKLEY) And Its Returns On Capital
Aug 18Does Ashok Leyland (NSE:ASHOKLEY) Have A Healthy Balance Sheet?
Jun 06There Are Reasons To Feel Uneasy About Ashok Leyland's (NSE:ASHOKLEY) Returns On Capital
May 15Is Ashok Leyland (NSE:ASHOKLEY) A Risky Investment?
Mar 05Capital Allocation Trends At Ashok Leyland (NSE:ASHOKLEY) Aren't Ideal
Feb 11We Think Ashok Leyland's (NSE:ASHOKLEY) Robust Earnings Are Conservative
Nov 17Ashok Leyland (NSE:ASHOKLEY) Will Be Hoping To Turn Its Returns On Capital Around
Oct 10We Think Ashok Leyland (NSE:ASHOKLEY) Is Taking Some Risk With Its Debt
Jul 24Ashok Leyland (NSE:ASHOKLEY) Could Be Struggling To Allocate Capital
May 22The Returns On Capital At Ashok Leyland (NSE:ASHOKLEY) Don't Inspire Confidence
Feb 11Is Ashok Leyland (NSE:ASHOKLEY) A Risky Investment?
Dec 20Returns On Capital Signal Tricky Times Ahead For Ashok Leyland (NSE:ASHOKLEY)
Nov 03Capital Allocation Trends At Ashok Leyland (NSE:ASHOKLEY) Aren't Ideal
Apr 08Are Institutions Heavily Invested In Ashok Leyland Limited's (NSE:ASHOKLEY) Shares?
Mar 19Are Insiders Selling Ashok Leyland Limited (NSE:ASHOKLEY) Stock?
Mar 01Should You Investigate Ashok Leyland Limited (NSE:ASHOKLEY) At ₹135?
Feb 11Does Ashok Leyland (NSE:ASHOKLEY) Have A Healthy Balance Sheet?
Jan 27Know This Before Buying Ashok Leyland Limited (NSE:ASHOKLEY) For Its Dividend
Jan 15Our Take On The Returns On Capital At Ashok Leyland (NSE:ASHOKLEY)
Dec 28Would Shareholders Who Purchased Ashok Leyland's (NSE:ASHOKLEY) Stock Three Years Be Happy With The Share price Today?
Dec 13A Look At The Fair Value Of Ashok Leyland Limited (NSE:ASHOKLEY)
Nov 28Based On Its ROE, Is Ashok Leyland Limited (NSE:ASHOKLEY) A High Quality Stock?
Jul 06Revenue & Expenses BreakdownBeta
How Ashok Leyland makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 454,156 | 23,826 | 36,383 | 0 |
| 30 Sep 23 | 447,227 | 21,415 | 35,353 | 0 |
| 30 Jun 23 | 428,937 | 17,794 | 34,011 | 0 |
| 31 Mar 23 | 416,726 | 12,408 | 32,481 | 0 |
| 31 Dec 22 | 383,970 | 6,285 | 30,299 | 0 |
| 30 Sep 22 | 346,571 | 1,879 | 28,653 | 0 |
| 30 Jun 22 | 306,195 | -794 | 26,966 | 0 |
| 31 Mar 22 | 262,372 | -3,586 | 26,320 | 0 |
| 31 Dec 21 | 244,523 | -1,463 | 25,065 | 0 |
| 30 Sep 21 | 237,466 | -105 | 24,455 | 0 |
| 30 Jun 21 | 220,560 | -300 | 23,281 | 0 |
| 31 Mar 21 | 194,541 | -1,652 | 21,723 | 0 |
| 31 Dec 20 | 164,000 | -4,997 | 21,569 | 0 |
| 30 Sep 20 | 156,347 | -4,872 | 19,649 | 0 |
| 30 Jun 20 | 168,491 | -3,196 | 20,279 | 0 |
| 31 Mar 20 | 219,513 | 3,367 | 21,903 | 0 |
| 31 Dec 19 | 267,373 | 10,311 | 23,581 | 0 |
| 30 Jun 19 | 326,439 | 18,826 | 26,707 | 0 |
| 31 Mar 19 | 331,968 | 20,787 | 26,685 | 0 |
| 31 Mar 18 | 296,356 | 17,604 | 22,820 | 0 |
| 31 Mar 17 | 228,710 | 15,936 | 18,599 | 0 |
| 31 Mar 16 | 212,599 | 6,819 | 17,214 | 0 |
| 31 Mar 15 | 153,409 | 1,339 | 15,391 | 0 |
| 31 Mar 14 | 114,867 | -1,641 | 23,708 | 976 |
| 31 Dec 13 | 106,413 | -1,840 | 20,839 | 568 |
| 30 Sep 13 | 110,864 | 574 | 21,060 | 568 |
| 30 Jun 13 | 118,340 | 2,250 | 21,153 | 568 |
Quality Earnings: ASHOKLEY has high quality earnings.
Growing Profit Margin: ASHOKLEY's current net profit margins (5.2%) are higher than last year (1.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ASHOKLEY's earnings have grown by 16.6% per year over the past 5 years.
Accelerating Growth: ASHOKLEY's earnings growth over the past year (279.1%) exceeds its 5-year average (16.6% per year).
Earnings vs Industry: ASHOKLEY earnings growth over the past year (279.1%) exceeded the Machinery industry 30.3%.
Return on Equity
High ROE: Whilst ASHOKLEY's Return on Equity (22.86%) is high, this metric is skewed due to their high level of debt.