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Ashok Leyland share price

Ashok Leyland Ltd.

NSE: ASHOKLEY BSE: 500477 SECTOR: Automobiles-Trucks/Lcv  464k   4k   1k

185.00
+7.30 (4.11%)
NSE: Today, 04:02 PM

Price Summary

Today's High

₹ 187.2

Today's Low

₹ 177.4

52 Week High

₹ 191.5

52 Week Low

₹ 142.5

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

54322.05 Cr.

Enterprise Value

57000.86 Cr.

No. of Shares

293.63 Cr.

P/E

22

P/B

5.8

Face Value

₹ 1

Div. Yield

1.46 %

Book Value (TTM)

₹  31.92

CASH

501.29 Cr.

DEBT

3180.1 Cr.

Promoter Holding

51.52 %

EPS (TTM)

₹  8.41

Sales Growth

66.65%

ROE

17.6 %

ROCE

21.38%

Profit Growth

154.71 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Brands

These are the brands of Ashok Leyland Ltd.

ecomet BOSS 12M FE CHEETAH Oyster Wide SUNSHINE Viking diesel DOST PARTNER STiLE MiTR MBPV PPC STALLION BMP

Index Presence

The company is present in 34 Indices.

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year66.65%
3 Year27.43%
5 Year6.52%

Profit Growth

1 Year154.71%
3 Year79.28%
5 Year-4.28%

ROE%

1 Year17.6%
3 Year6.93%
5 Year9.89%

ROCE %

1 Year21.38%
3 Year9.36%
5 Year12.47%

Debt/Equity

0.3791

Price to Cash Flow

25.43

Interest Cover Ratio

8.30014874260611

CFO/PAT (5 Yr. Avg.)

1.40506606664613

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 51.52 22.1
Dec 2023 51.53 15.04
Sep 2023 51.53 15.04
Jun 2023 51.53 19.04
Mar 2023 51.53 19.04
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 79.2767511133601% for the Past 3 years.
  • The company has shown a good revenue growth of 27.4289908727467% for the Past 3 years.
  • Company has a healthy Interest coverage ratio of 8.30014874260611.
  • Company’s PEG ratio is 0.142265339875319.
  • The company has an efficient Cash Conversion Cycle of -26.248575332831 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.40506606664613.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 11.3298311524845.

 Limitations

  • Company has a poor ROE of 6.92775960669873% over the past 3 years.
  • Promoter pledging has increased from 15.0373809358839% to 22.1% in 1 quarter.
  • Promoter pledging is high as 22.1%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 9029.67 11625.67 8189.29 9638.04 9273.01
Total Expenditure 8232.33 10349.93 7368.54 8558.25 8159.08
Operating Profit 797.34 1275.74 820.75 1079.79 1113.93
Other Income 31.59 38.92 51.18 47.46 30.03
Interest 80.4 62.76 69.87 58.71 61.63
Depreciation 188.95 183.82 179.36 180.29 178.47
Exceptional Items 6.94 56.43 -0.59 -22.88 -0.59
Profit Before Tax 566.52 1124.51 622.11 865.37 903.27
Tax 205.18 373.1 45.69 304.36 323.24
Profit After Tax 361.34 751.41 576.42 561.01 580.03
Adjusted EPS (Rs) 1.23 2.56 1.96 1.91 1.98

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 29054.95 17467.47 15301.45 21688.29 36144.14
Total Expenditure 25965.33 16293.82 14774.77 20699.15 33213.44
Operating Profit 3089.62 1173.65 526.68 989.14 2930.7
Other Income 153.43 123.35 127.96 81.51 116.14
Interest 70.38 109.45 306.79 301.11 289.09
Depreciation 621.01 669.8 747.71 752.76 731.96
Exceptional Items -54.86 -155.83 -12.05 510.83 84.61
Profit Before Tax 2496.8 361.92 -411.91 527.61 2110.4
Tax 513.6 122.4 -98.23 -14.22 730.29
Net Profit 1983.2 239.52 -313.68 541.83 1380.11
Adjusted EPS (Rs.) 6.76 0.82 -1.07 1.85 4.7

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 293.55 293.55 293.55 293.55 293.61
Total Reserves 8038.88 6970.44 6683.65 7043.35 8132.19
Borrowings 298.4 1353.86 2558.01 2850.61 1766.23
Other N/C liabilities 804.61 772.83 640.86 598.98 1326.8
Current liabilities 8788.96 6998.93 8273.84 9535.51 11061.93
Total Liabilities 18224.4 16389.61 18449.91 20333.78 22591.63
Assets
Net Block 5614.51 6803.57 7050.39 6600.9 6304.15
Capital WIP 274.64 420.97 228.78 111.11 48.95
Intangible WIP 382.98 173.17 143.07 83.16 83.57
Investments 2636.5 2719.63 3068.72 3521.58 3892.18
Loans & Advances 844.39 795.11 471.51 469.03 501.85
Other N/C Assets 285.04 53.67 35.91 104.49 129.23
Current Assets 8186.34 5423.49 7451.53 9443.51 11631.7
Total Assets 18224.4 16389.61 18449.91 20333.78 22591.63
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 2496.8 361.92 -411.91 527.61 2110.4
Adjustment 664.97 848.86 960.99 478.28 852.36
Changes in Assets & Liabilities -2963.79 -175.61 -605.83 1569.62 -426.54
Tax Paid -560.33 -94.11 77.88 71.42 -400.21
Operating Cash Flow -362.35 941.06 21.13 2646.93 2136.01
Investing Cash Flow 2312.02 -2175.98 -976.01 -1459.05 -1735.98
Financing Cash Flow -1616.16 1148.98 205.97 -723.76 -940.17
Net Cash Flow 333.51 -85.94 -748.91 464.12 -540.14

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 51.53 51.53 51.53 51.53 51.52
citibank n.a. new york, n... 11.30 11.30 11.30 11.30 11.30
hinduja automotive limite... 35.00 35.00 35.00 35.00 35.00
hinduja bank (switzerland... 4.98 4.98 4.98 4.98 4.97
hinduja foundries holding... 0.24 0.24 0.24 0.24 0.24
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 48.47 48.47 48.47 48.47 48.48
government pension fund g... 1.19 2.28 2.30 2.00 1.97
hdfc life insurance compa... 1.57 - 1.55 1.59 1.52
investor education and pr... 0.22 - - - 0.23
life insurance corporatio... - - - - 1.41
llp 0.01 0.01 0.02 0.02 0.02
nps trust (under differen... - - 1.35 1.55 1.41
sbi mutual fund (under di... 1.27 1.43 1.27 1.60 1.50
icici prudential life ins... 1.83 1.88 1.42 1.14 -
investor education and pr... - 0.22 0.23 0.23 -
kotak mahindra trustee co... - 1.26 1.23 1.41 -
canara robeco mutual fund... 1.06 1.07 1.19 - -
hdfc life insurance compa... - 1.54 - - -
icici prudential mutual f... 1.85 1.76 - - -
matthews pacific tiger fu... 1.08 1.08 - - -
mirae asset mutual fund ... - 1.94 - - -
schroder international se... 1.47 1.47 - - -
sundaram mutual fund (und... 1.29 1.16 - - -
aditya birla sun life tru... 1.06 - - - -
franklin india mutual fun... 1.01 - - - -
mirae asset mutual fund (... 2.05 - - - -
nps trust (under differe... 1.52 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Ashok Leyland informs about loss of share certificate 25 Apr 2024, 5:13PM Ashok Leyland partners with South Indian Bank18 Apr 2024, 4:21PM Ashok Leyland informs about disclosure 4 Apr 2024, 10:54AM Ashok Leyland reports 4% fall in March sales2 Apr 2024, 9:47AM Ashok Leyland, Minus Zero enter into partnership19 Mar 2024, 11:39AM Ashok Leyland’s arm secures Investment from Private Equity Fund Creador 15 Mar 2024, 12:30PM Ashok Leyland reports 6% fall in February sales1 Mar 2024, 4:40PM Ashok Leyland informs about allotment of equity shares29 Feb 2024, 3:29PM Ashok Leyland makes investment in TVS Trucks and Buses23 Feb 2024, 4:16PM Ashok Leyland starts work to set up plant focused on green mobility in Uttar Pradesh21 Feb 2024, 11:30AM Ashok Leyland invests around Rs 536.73 crore in Optare Plc. UK13 Feb 2024, 12:13PM Ashok Leyland informs about presentation13 Feb 2024, 10:28AM Ashok Leyland reports 73% rise in Q3 consolidated net profit6 Feb 2024, 11:45AM Ashok Leyland - Quaterly Results5 Feb 2024, 7:16PM Ashok Leyland - Quaterly Results5 Feb 2024, 7:16PM Ashok Leyland delivers 14T Boss Electric truck to Billion E-Mobility5 Feb 2024, 4:21PM Ashok Leyland reports 7% fall in January sales 2 Feb 2024, 12:06PM Ashok Leyland informs about loss of share certificate 30 Jan 2024, 10:19AM Ashok Leyland secures order for 1225 buses from Karnataka State Transport Undertakings18 Jan 2024, 2:29PM Ashok Leyland to invest Rs 1,200 crore in Tamil Nadu over next 3 to 5 years9 Jan 2024, 10:59AM Ashok Leyland informs about press release8 Jan 2024, 10:50AM Ashok Leyland reports 10% fall in December sales2 Jan 2024, 10:25AM Ashok Leyland informs about press release 2 Jan 2024, 10:06AM Ashok Leyland informs about press release 21 Dec 2023, 10:39AM Ashok Leyland bags order from TNSTC21 Dec 2023, 9:50AM Ashok Leyland unveils cutting-edge ‘AL H6 Engine - CEV Stage V’ at EXCON 202312 Dec 2023, 4:47PM Ashok Leyland informs about loss of share certificate8 Dec 2023, 3:04PM Ashok Leyland invests Rs 662.5 crore in Optare Plc6 Dec 2023, 11:10AM Ashok Leyland reports marginal fall in November sales1 Dec 2023, 2:29PM Ashok Leyland informs about transcript of analyst call17 Nov 2023, 2:25PM Ashok Leyland gets nod to invest Rs 1200 crore in Switch Mobility10 Nov 2023, 10:30AM Ashok Leyland reports 3- fold jump in Q2 consolidated net profit9 Nov 2023, 5:35PM Ashok Leyland - Quaterly Results9 Nov 2023, 2:57PM Ashok Leyland - Quaterly Results9 Nov 2023, 2:57PM Ashok Leyland - Quaterly Results9 Nov 2023, 2:57PM Ashok Leyland delivers LNG powered truck to Mahanagar Gas6 Nov 2023, 4:14PM Ashok Leyland informs about press release 6 Nov 2023, 2:23PM Ashok Leyland informs about issuance of duplicate share certificates1 Nov 2023, 5:07PM Ashok Leyland reports 13% growth in October sales1 Nov 2023, 4:08PM Ashok Leyland’s arm secures order for 70 buses from Stagecoach26 Oct 2023, 11:19AM Ashok Leyland informs about press release 11 Oct 2023, 11:59AM Ashok Leyland launches ecomet Star 1915 truck11 Oct 2023, 10:24AM Ashok Leyland bags order for 1282 buses from GSRTC29 Sep 2023, 11:30AM Ashok Leyland, TVS Mobility to form Joint Venture company15 Sep 2023, 3:40PM Ashok Leyland signs MoU with Government of Uttar Pradesh15 Sep 2023, 2:20PM Ashok Leyland’s electric vehicle arm unveils two new light commercial vehicles8 Sep 2023, 2:57PM Ashok Leyland planning to roll out entire product range with alternate fuel options in next 3-5 years 8 Sep 2023, 10:00AM Ashok Leyland reports 10% growth in August sales1 Sep 2023, 4:58PM Ashok Leyland partners with CSB Bank31 Aug 2023, 4:00PM Ashok Leyland unveils new truck in 18.5 tonne segment29 Aug 2023, 10:59AM

Ashok Leyland Stock Price Analysis and Quick Research Report. Is Ashok Leyland an attractive stock to invest in?

 

The Indian Auto Industry comes in the top 5 largest auto industries of the world. India is also a prominent auto exporter and has strong export growth expectations for the near future. The support from the government is providing the auto companies with a boost needed in their development. But will it sustain?
We can look into more details and dig a little deeper into the analysis of the stock of this sector. Let’s look at how Ashok Leyland is performing and if it is the right time to buy the stock of Ashok Leyland with detailed analysis.

  • The mainstream of revenue for Auto Sector is their sales, Ashok Leyland has reported outstanding sales growth of 66.6527882096745 % and in the latest quarter sales was Rs 9273.01 Cr. To judge whether the company’s inventory is being sold or not and the sales picture is true, inventory turnover ratio plays a major role, which is 15.1520059055443 times for Ashok Leyland . It is managing its inventory poorly
     
  • Ashok Leyland reported Profit growth of 154.712732775963 % over the year, where the latest year profit is Rs 1380.11 Cr compared to the previous year of Rs 541.83 Cr. The new permits by governments and increasing demand will lead to an increase in profits in the coming year.
     
  • The operating profit of Ashok Leyland in the latest quarter is Rs 1113.93 Cr. It helps in measuring the company’s operating performance which is used to make financing decisions.
     
  • Ashok Leyland has a average ROE of 17.595667221056 %. The ROE is an important financial parameter because Auto companies work with high equity investments. Also, they have to take huge debt to incur the research and manufacturing work so their Debt to Equity ratio should be evaluated. Ashok Leyland has a low Debt to Equity ratio of 0.3791.
     
  • Ashok Leyland pays a dividend of 2.6 Rs per share. It tells us that a company likes to share profits with its shareholders. The dividend yield is low at 1.39 %.
     
  • The share of promoter in Ashok Leyland is high at 51.52 %, where the pledging is 22.1 %.
     
  • What the market is willing to pay for the company for its earnings can be determined by PE multiple. Current PE of Ashok Leyland is 21.9790675547098 compared to the 5 year average PE of 31.8807516427448 .
     
  • Share Price: - The current share price of Ashok Leyland is Rs 184.8. One can use valuation calculators of ticker to know if Ashok Leyland share price is undervalued or overvalued.
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Brief about Ashok Leyland

Ashok Leyland Ltd. Financials: Check Share Price, Balance Sheet, Annual Report and Quarterly Results for Company Analysis

Ashok Leyland Ltd. is one of India's leading manufacturers of commercial vehicles, including buses, trucks, and special-purpose vehicles. It has a long history and wide acceptance in the Indian market. The company has shown significant growth over the years, which has attracted interest from long-term stock investors. The stock analysis page for Ashok Leyland Ltd. provides a wealth of valuable information for investors seeking to analyze and understand the company's performance, financial health, and long-term growth potential.

Ashok Leyland Ltd. Share Price

The share price of Ashok Leyland Ltd. is a critical consideration for long-term stock investors analyzing the stock. The company's share price trend can reveal valuable insights into the market sentiment towards the stock. By monitoring the price trend, investors can identify potential buying opportunities and potential risks for the stock. The Ashok Leyland Ltd. Stock Analysis Page includes pre-built screening tools to track the company's share price and enable investors to make informed investment decisions.

Ashok Leyland Ltd. Balance Sheet

The balance sheet is an essential element of analyzing a company's financial health. The Ashok Leyland Ltd. Stock Analysis Page offers pre-built screening tools to evaluate the company's balance sheet and assess its financial stability and debt management capabilities. These screening tools provide insights into the company's asset base, its ability to manage liabilities, and the overall financial health of the company. Long-term investors must analyze the balance sheet to make informed investment decisions based on the company's financial health and future potential.

Ashok Leyland Ltd. Annual Report

The annual report of Ashok Leyland Ltd. is a comprehensive report that provides investors with insights into the company's performance, future prospects, and management strategies. The Ashok Leyland Ltd. Stock Analysis Page includes downloadable copies of the company's annual reports, making it easy for long-term investors to access and evaluate. These reports include a CEO letter, financial statements, and management discussions. By reviewing these annual reports, investors can assess the company's operations, growth prospects, and future initiatives, better enabling them to make informed investment decisions.

Ashok Leyland Ltd. Dividend


The dividend payouts of Ashok Leyland Ltd. are significant considerations for long-term stock investors. The company's dividend policies can reveal insights into its financial stability and strength, providing investors with valuable information about its growth prospects. The Ashok Leyland Ltd. Stock Analysis Page provides pre-built screening tools to evaluate the company's dividend policies and their long-term sustainability. By tracking the company's dividend payouts using these screening tools, long-term investors can evaluate the company's financial stability, profitability, and future growth prospects to make well-informed investment decisions.

Ashok Leyland Ltd. Quarterly Results

The company releases quarterly reports that provide investors with up-to-date insights into Ashok Leyland Ltd.'s financial performance, revenue, and expenses. The quarterly results give a glimpse of the company's growth and performance in the short run. The Ashok Leyland Ltd. Stock Analysis Page includes pre-built screening tools to help investors analyze and identify significant trends and patterns in the company's quarterly results. By analyzing the company's quarterly results with our screening tools, long-term investors can make informed investment decisions, gaining insights into the company's performance and its potential market growth in the future.

Ashok Leyland Ltd. Stock Price

The stock price of Ashok Leyland Ltd. plays an instrumental role in driving investor interest in the stock. Understanding the company's stock price trend provides valuable insights into the overall market trend and the company's growth potential. The Ashok Leyland Ltd. Stock Analysis Page includes screening tools to track the company's stock price and analyze the market trend. By using these tools, investors can evaluate market potential, identify buying opportunities, and assess the company's growth prospects.

Ashok Leyland Ltd. Price Chart

The price chart of Ashok Leyland Ltd.'s stock reflects its historical stock price movements. The Ashok Leyland Ltd. Stock Analysis Page includes pre-built screening tools to evaluate the price chart, revealing trends and patterns that could potentially influence investor behavior. By analyzing the price chart using our screening tools, long-term investors can gain insights into the company's growth potential and investor sentiment.

Ashok Leyland Ltd. News

Stay updated with the latest news about Ashok Leyland Ltd. is essential for long-term stock investors. The Ashok Leyland Ltd. Stock Analysis Page provides a comprehensive collection of news articles from various sources, including financial news websites and social media platforms. Staying informed about the latest news enables investors to gain valuable insights into the company's operations, strategic initiatives, and potential market trends, helping them make informed investment decisions.

Ashok Leyland Ltd. Concall

Ashok Leyland Ltd. regularly conducts conference calls known as concalls with analysts and investors. These calls provide a platform for discussing the company's financial performance and future plans. Investors can find information about upcoming concalls on the Ashok Leyland Ltd. Stock Analysis Page and access insights from previous calls. Listening to these calls helps investors gain a deeper understanding of the company's operations and assess its financial performance, making informed investment decisions.

Ashok Leyland Ltd. Transcripts

Ashok Leyland Ltd.'s transcripts of concalls and management meetings are downloadable from the Stock Analysis Page, providing long-term stock investors with detailed records of discussions held during these calls. These transcripts offer valuable insights into the company's operations, financial performance, and market outlook. By reviewing these transcripts, investors can perform a more comprehensive analysis of the company's financial health, growth prospects, and management strategies.

Ashok Leyland Ltd. Investor Presentations

Ashok Leyland Ltd. provides investor presentations on its website, offering detailed information about its financial performance, strategic initiatives, and future plans. The investor presentations serve as a valuable resource for long-term stock investors seeking to evaluate the company's long-term viability and investment potential. The Ashok Leyland Ltd. Stock Analysis Page provides easy access to these presentations, making it easy for investors to access the latest information about the company's prospects.

Ashok Leyland Ltd. Promoters

Analyzing the holdings of a company's promoters is crucial when considering long-term stock investments. The Ashok Leyland Ltd. Stock Analysis Page includes pre-built screening tools to evaluate the company's promoter holdings, providing insights into potential conflicts of interest and the company's ownership structure. Understanding the importance of promoter holdings helps investors to assess the company's strength, growth prospects, and long-term viability.

Ashok Leyland Ltd. Shareholders

The composition of Ashok Leyland Ltd.'s shareholder base is a critical consideration for long-term investors. The Ashok Leyland Ltd. Stock Analysis Page includes pre-built screening tools to analyze the shareholder base, providing insights into potential risks and opportunities. Understanding the composition of the shareholder base provides valuable information about the company's strength, growth prospects, and recognition in the market.

Ashok Leyland Ltd. Premium Features

The Ashok Leyland Ltd. Stock Analysis Page provides a range of premium features that enhance the stock analysis process, including the DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis. By leveraging these premium features, long-term investors can make more informed decisions and gain a deeper understanding of the company's fundamentals.

Ashok Leyland Limited ROCE

Return on Capital Employed (ROCE) is one of the most significant financial ratios when it comes to evaluating a company's financial performance. Ashok Leyland Limited's ROCE is readily accessible on the stock analysis page. The company's ROCE provides an insight into the efficiency of the management in utilizing its capital - both equity and debt. A higher ROCE indicates better efficiency in utilizing capital.

Ashok Leyland Limited EBITDA

Earnings before Interest, Taxes, Depreciation, and Amortization (EBITDA) represents the profitability of a company's core business activities without accounting for financing decisions. The stock analysis page for Ashok Leyland Limited provides EBITDA data for investors’ reference. This metric provides insight into the company's operational efficiency and cash generation. Comparing EBITDA over time for a company can indicate how well they are managing costs.

Ashok Leyland Limited DPS

Dividend Per Share (DPS) is the amount of money paid to each shareholder for each share of stock they hold during a given period. Investors can find the DPS of Ashok Leyland Limited on the stock analysis page. DPS is not the only reason to invest in a company, but it is an important factor to consider for those who are looking for regular income.

Ashok Leyland Limited EPS

Earnings per Share (EPS) is a financial ratio that represents the amount of profit earned for each outstanding share of common stock. Investors can examine Ashok Leyland Limited's EPS data in the stock analysis page. EPS provides an understanding of the company's profitability from the shareholders' perspective. EPS growth is good for a company's stock price as it provides an indication of the company's growth potential.

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