Ashok Leyland Ltd.

NSE: ASHOKLEY BSE: 500477 SECTOR: Automobiles-Trucks/Lcv

125.1
-0.05 (-0.04%)
NSE: 20 Sep 04:12 PM

Price Summary

Today's High

₹ 128.4

Today's Low

₹ 122

52 Week High

₹ 143.3

52 Week Low

₹ 66.85

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.

Company Essentials

Market Cap

36723.45 Cr.

Enterprise Value

39629.25 Cr.

No. of Shares

293.55 Cr.

P/E

0

P/B

5.52

Face Value

₹ 1

Div. Yield

0.48%

Book Value (TTM)

₹  22.66

CASH

822.95 Cr.

DEBT

3728.75 Cr.

Promoter Holding

51.54%

EPS (TTM)

₹  -0.71

Sales Growth

-12.4%

ROE

-4.43 %

ROCE

-0.99 %

Profit Growth

-230.96 %

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

Your Added Ratios

Please login to Add & View your own added ratios.

Login

Brands

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

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.

Peer Comparison

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

 Group Companies

Ratios

Sales Growth

1 Year-12.4%
3 Year-16.58%
5 Year-4.17%

Profit Growth

1 Year-230.96%
3 Year-156.73%
5 Year-195.76%

ROE%

1 Year-4.43%
3 Year8.08%
5 Year14.27%

ROCE %

1 Year-0.99%
3 Year11.1%
5 Year16.4%

Debt/Equity

0.5377

Price to Cash Flow

1737.98

Interest Cover Ratio

-0.342644805893282

CFO/PAT (5 Yr. Avg.)

1.73159706969737

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2021 51.54 14.44
Mar 2021 51.54 17.62
Dec 2020 51.54 10.88
Sep 2020 51.54 10.88
Jun 2020 51.54 10.88
* Figures given above are % of equity capital

 Strengths

  • The company has an efficient Cash Conversion Cycle of -12.0141062000868 days.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 4.0137134931206.

 Limitations

  • The company has shown a poor profit growth of -156.734074707238% for the Past 3 years.
  • The company has shown a poor revenue growth of -16.5776987702405% for the Past 3 years.
  • Company has low Interest coverage ratio of -0.342644805893282.
  • The company is trading at a high EV/EBITDA of 47.4108.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
Net Sales 650.87 2836.58 4813.51 7000.49 2950.99
Total Expenditure 984.11 2756.15 4559.72 6466.33 3091.09
Operating Profit -333.24 80.43 253.79 534.16 -140.1
Other Income 25.62 21.87 34.06 37.95 13.4
Interest 76.84 87.24 65.64 77.07 70.74
Depreciation 163.67 171.16 194.43 218.45 183.49
Exceptional Items -1.67 -1.7 -46.03 37.35 -1.68
Profit Before Tax -549.8 -157.8 -18.25 313.94 -382.61
Tax -161 -11.13 1.13 72.77 -100.32
Profit After Tax -388.8 -146.67 -19.38 241.17 -282.29
Adjusted EPS (Rs) -1.32 -0.5 -0.07 0.82 -0.96

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

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Net Sales 20140.13 26356.4 29054.95 17467.47 15301.45
Total Expenditure 17937.59 23396.09 25965.33 16293.82 14774.77
Operating Profit 2202.54 2960.31 3089.62 1173.65 526.68
Other Income 151.67 196.58 153.43 123.35 127.96
Interest 155.38 147.28 70.38 109.45 306.79
Depreciation 517.89 598.48 621.01 669.8 747.71
Exceptional Items -350.85 -25.3 -54.86 -155.83 -12.05
Profit Before Tax 1330.09 2385.83 2496.8 361.92 -411.91
Tax 107.01 668.1 513.6 122.4 -98.23
Net Profit 1223.08 1717.73 1983.2 239.52 -313.68
Adjusted EPS (Rs.) 4.3 5.87 6.76 0.82 -1.07

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Equity and Liabilities
Share Capital 284.59 292.71 293.55 293.55 293.55
Total Reserves 5841.48 6952.83 8038.88 6970.44 6683.65
Borrowings 1146.32 512.55 298.4 1353.86 2558.01
Other N/C liabilities 345.94 758.8 804.61 772.83 640.86
Current liabilities 6421.75 8819.5 8788.96 6998.93 8273.84
Total Liabilities 14040.07 17336.39 18224.4 16389.61 18449.91
Assets
Net Block 4970.81 5547.97 5614.51 6803.57 7050.39
Capital WIP 157.6 234.33 274.64 420.97 228.78
Intangible WIP 48.27 188.31 382.98 173.17 143.07
Investments 2001.68 2451.51 2636.5 2719.63 3068.72
Loans & Advances 499.17 585.96 844.39 795.11 485.68
Other N/C Assets 262.43 264.84 285.04 53.67 21.74
Current Assets 6100.12 8063.47 8186.34 5423.49 7451.53
Total Assets 14040.07 17336.39 18224.4 16389.61 18449.91
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Profit from operations 1330.09 2385.83 2496.8 361.92 -411.91
Adjustment 995.37 715.44 664.97 848.86 960.99
Changes in Assets & Liabilities 176.93 2968.85 -2963.79 -175.61 -605.83
Tax Paid -347.62 -426.75 -560.33 -94.11 77.88
Operating Cash Flow 2154.77 5643.37 -362.35 941.06 21.13
Investing Cash Flow -1477.04 -3429.05 2312.02 -2175.98 -976.01
Financing Cash Flow -1371.85 -2090.93 -1616.16 1148.98 205.97
Net Cash Flow -694.12 123.39 333.51 -85.94 -748.91

Corporate Actions

Investors Details

PARTICULARS Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
Promoters 51.54 51.54 51.54 51.54 51.54
hinduja automotive limite... 35.01 35.01 35.01 35.01 35.01
hinduja bank (switzerland... 0 0 0 0 0
hinduja foundries holding... 0.24 0.24 0.24 0.24 0.24
citibank n a - new york n... 11.31 11.31 11.31 11.31 11.31
hinduja bank (switzerland... 4.98 4.98 4.98 4.98 4.98
PARTICULARS Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
Public 18.73 16.23 14.44 13.58 13.2
iepf 0.17 0.19 0.19 0.19 0.19
llp 0.03 0.03 0.03 0 0.02
corporate body - foreign ... 0 0.01 0 0 0
PARTICULARS Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
FII/DII 29.65 32.16 33.94 34.8 35.19
government of singapore 0 0 0 0 0
government pension fund g... 1.28 0 0 0 0
reliance capital trustee ... 5.26 4.38 0 0 0
reliance capital trustee ... 5.26 4.38 0 0 0
schroder international se... 1.25 1.25 1.83 1.85 1.6
reliance capital trustee ... 5.26 4.38 0 0 0
life insurance corporatio... 2.07 0 0 0 0
mirae asset mutual fund ... 1.77 0 0 0 0
platinum international fu... 1.33 1.74 1.74 1.62 0
life insurance corporatio... 0 2.21 1.46 1.36 1.36
mirae asset fund (under d... 0 3.09 0 0 0
mirae asset fund (under v... 0 0 2.61 2.55 2.88
nippon life india trustee... 0 0 3.47 2.31 2.22
hdfc life insurance compa... 0 0 0 1.04 1.12
matthews pacific tiger fu... 0 0 0 1.51 2.36
invesco trustee private l... 0 0 0 0 1.04

Company News

Ashok Leyland informs about loss of share certificate9 Sep 2021, 12:15PM Ashok Leyland reports 48% growth in August sales 1 Sep 2021, 5:05PM Ashok Leyland launches AVTR 4825 Tipper truck27 Aug 2021, 9:16AM Ashok Leyland informs about issue of duplicate share certificate19 Aug 2021, 12:49PM Ashok Leyland to expand into African and Southeast Asian markets14 Aug 2021, 9:11AM Ashok Leyland reports consolidated net loss of Rs 273.86 crore in Q1 13 Aug 2021, 3:11PM Ashok Leyland rolls out Electric buses into Chandigarh 12 Aug 2021, 10:17AM Ashok Leyland reports sales of 8650 units in July2 Aug 2021, 12:06PM Ashok Leyland informs about press release2 Aug 2021, 9:48AM Ashok Leyland’s arm enters into strategic agreement with Dana Incorporated30 Jul 2021, 10:27AM Ashok Leyland informs about press release30 Jul 2021, 10:15AM Ashok Leyland’s arm planning to invest $200 million in EVs in next 5 years29 Jul 2021, 9:16AM Ashok Leyland informs about schedule of investor meet 22 Jul 2021, 5:08PM Ashok Leyland’s plants to be operational for 6-25 days in July6 Jul 2021, 3:18PM Ashok Leyland reports sell of 6,448 units in June1 Jul 2021, 4:42PM Ashok Leyland informs about details of loss of certificate28 Jun 2021, 10:28AM Ashok Leyland forms environmental, social and governance committee25 Jun 2021, 2:48PM Ashok Leyland reports many fold jump in Q4 consolidated net profit25 Jun 2021, 11:09AM Ashok Leyland informs about press release25 Jun 2021, 10:59AM Ashok Leyland, Apollo Tyres launch COVID-19 helpline ‘Saarthi’23 Jun 2021, 9:56AM Ashok Leyland informs about board meeting21 Jun 2021, 11:03AM Ashok Leyland’s arm acquires stake in Switch Mobility Automotive15 Jun 2021, 11:06AM Ashok Leyland informs about disclosure15 Jun 2021, 10:04AM Ashok Leyland reports sales of 3,199 units in May2 Jun 2021, 11:37AM Ashok Leyland informs about disclosure1 Jun 2021, 9:59AM Ashok Leyland offers life, health insurance to channel partners’ staff20 May 2021, 2:04PM Ashok Leyland unveils various relief measures for pandemic-hit stakeholders19 May 2021, 1:18PM Ashok Leyland rolls out various employee-centric initiatives amid coronavirus pandemic17 May 2021, 1:58PM Ashok Leyland curtails production at manufacturing plants due to dip in demand 3 May 2021, 1:42PM Ashok Leyland reports sales of 8340 units in April3 May 2021, 11:15AM Ashok Leyland informs about company updates3 May 2021, 9:35AM Ashok Leyland's arm inks pact with TVS SCS for establishing sustainable logistics network28 Apr 2021, 9:18AM Ashok Leyland delivers light bullet proof vehicles to Indian Air Force16 Apr 2021, 2:09PM Ashok Leyland incorporates company ‘Gro Digital Platforms’16 Apr 2021, 11:27AM Ashok Leyland informs about compliance certificate13 Apr 2021, 3:24PM Ashok Leyland’s arm inks MoU with Siemens9 Apr 2021, 9:12AM Ashok Leyland informs about press release8 Apr 2021, 4:28PM Ashok Leyland’s arm to form two new subsidiaries to strengthen green transport solutions8 Apr 2021, 9:33AM Ashok Leyland reports 8- fold jump in March sales1 Apr 2021, 3:59PM Ashok Leyland informs about press release26 Mar 2021, 10:43AM Ashok Leyland launches new truck ‘AVTR 412’26 Mar 2021, 9:53AM Ashok Leyland to move towards sustainable transportation for employees25 Mar 2021, 9:30AM Ashok Leyland informs about loss of share certificate6 Mar 2021, 12:53PM Ashok Leyland reports 19% rise in February sales1 Mar 2021, 11:40AM Ashok Leyland informs about acquisition26 Feb 2021, 11:48AM Ashok Leyland completes acquisition of 38% stake in Hinduja Tech26 Feb 2021, 9:52AM Ashok Leyland informs about acquisition25 Feb 2021, 10:46AM Ashok Leyland to acquire 38% stake in Hinduja Tech25 Feb 2021, 9:06AM Ashok Leyland informs about company updates19 Feb 2021, 12:59PM Ashok Leyland starts commercial production of buses at Vijayawada plant19 Feb 2021, 12:50PM

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 poor sales growth of -12.4003075431073 % and in the latest quarter sales was Rs 2950.99 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 9.22904839525603 times for Ashok Leyland . It is managing its inventory poorly
     
  • The company reported Profit loss of -230.961923847695 % over the year, where the latest year profit is Rs -313.68 Cr compared to the previous year of Rs 239.52 Cr. The new permits by governments and increasing demand will lead to an increase in profits in the coming year.
     
  • The operating profit of the company in the latest quarter is Rs -140.1 Cr. It helps in measuring the company’s operating performance which is used to make financing decisions.
     
  • Ashok Leyland has a poor ROE of -4.42557346010346 %. 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 0.5377.
     
  • Ashok Leyland pays a dividend of 0.6 Rs per share. It tells us that a company likes to share profits with its shareholders. The dividend yield is low at 0.4771 %.
     
  • The share of promoter in the company is high at 51.54 %, where the pledging is 0 %.
     
  • 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 -177.270794955363 compared to the 5 year average PE of 22.1416421317878 .
Brief about Ashok Leyland

X