Ashok Leyland Ltd.
NSE: ASHOKLEY · Commercial Vehicles
Snapshot
Unlock Ashok Leyland Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Ashok Leyland Limited is a prominent Indian manufacturer of commercial vehicles, including buses, trucks, and defense vehicles. The company also provides power solutions, spare parts, and diverse services such as vehicle financing, IT support, and driver training.
Business Model
The company generates revenue through the manufacturing and sale of commercial vehicles and engines, supported by an extensive aftermarket spare parts network. It further diversifies income streams through vehicle financing, manpower supply, and specialized industrial services.
- Incorporation Year:1948
Growth Outlook
Growth is driven by the expansion of the light commercial vehicle segment and the modernization of public transport infrastructure. The company continues to leverage its defense vehicle portfolio and e-commerce initiatives like LeyKart to capture additional market share.
Key Risks
- Cyclical Demand. The commercial vehicle industry is highly sensitive to economic cycles and infrastructure spending, which can lead to volatile sales volumes.
- Input Cost Volatility. Fluctuations in the prices of steel, aluminium, and other raw materials directly impact manufacturing margins.
- Regulatory Changes. Stricter emission norms and evolving safety regulations require continuous capital expenditure for product development and compliance.
- Competitive Pressure. Intense competition from domestic and international players in the Indian commercial vehicle market may exert pressure on pricing and market share.
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Key Metrics
REVENUE
₹57,723 Cr
TTM · consolidated
NET PROFIT
₹3,731 Cr
TTM · consolidated
EPS
₹5.92
TTM · consolidated
RETURN ON EQUITY
28.2%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
16.4%
TTM · consolidated
P/E
28.5x
Q1 FY27 · consolidated
EV/EBITDA
13.5x
Q1 FY27 · consolidated
EBITDA MARGIN
20.2%
TTM · consolidated
NET PROFIT MARGIN
5.1%
Q1 FY27 · consolidated
DEBT TO EQUITY
0.7%
Q1 FY27 · consolidated
Peers · Commercial Vehicles
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Ashok Leyland Ltd.ASHOKLEY | ₹99,268 Cr | 28.55 | 13.46 | 16.5% | 20.2% | 28.2% | 16.4% | +32.0% |
Tata Motors Ltd.TMCV | ₹1.69L Cr | 40.26 | 16.62 | — | 11.5% | 32.9% | 30.2% | — |
Sml Mahindra Ltd.SMLMAH | ₹9,115 Cr | 58.28 | 33.43 | 18.0% | 9.5% | 34.7% | 40.2% | — |
Atul AutoATULAUTO | ₹1,291 Cr | 27.35 | 15.00 | 20.2% | 10.6% | 10.6% | 13.8% | -8.6% |
As of Q1 FY27
Financials
Ashok Leyland Ltd.
NSE: ASHOKLEY · Commercial Vehicles
Snapshot
Unlock Ashok Leyland Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Ashok Leyland Limited is a prominent Indian manufacturer of commercial vehicles, including buses, trucks, and defense vehicles. The company also provides power solutions, spare parts, and diverse services such as vehicle financing, IT support, and driver training.
Business Model
The company generates revenue through the manufacturing and sale of commercial vehicles and engines, supported by an extensive aftermarket spare parts network. It further diversifies income streams through vehicle financing, manpower supply, and specialized industrial services.
- Incorporation Year:1948
Growth Outlook
Growth is driven by the expansion of the light commercial vehicle segment and the modernization of public transport infrastructure. The company continues to leverage its defense vehicle portfolio and e-commerce initiatives like LeyKart to capture additional market share.
Key Risks
- Cyclical Demand. The commercial vehicle industry is highly sensitive to economic cycles and infrastructure spending, which can lead to volatile sales volumes.
- Input Cost Volatility. Fluctuations in the prices of steel, aluminium, and other raw materials directly impact manufacturing margins.
- Regulatory Changes. Stricter emission norms and evolving safety regulations require continuous capital expenditure for product development and compliance.
- Competitive Pressure. Intense competition from domestic and international players in the Indian commercial vehicle market may exert pressure on pricing and market share.
Start your research today
Unlock AI insights, financials, peers and live data on Ashok Leyland Ltd. and 5,000+ companies — free.
Key Metrics
REVENUE
₹57,723 Cr
TTM · consolidated
NET PROFIT
₹3,731 Cr
TTM · consolidated
EPS
₹5.92
TTM · consolidated
RETURN ON EQUITY
28.2%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
16.4%
TTM · consolidated
P/E
28.5x
Q1 FY27 · consolidated
EV/EBITDA
13.5x
Q1 FY27 · consolidated
EBITDA MARGIN
20.2%
TTM · consolidated
NET PROFIT MARGIN
5.1%
Q1 FY27 · consolidated
DEBT TO EQUITY
0.7%
Q1 FY27 · consolidated
Peers · Commercial Vehicles
As of Q1 FY27