Ashok Leyland Ltd Stock Price Today (NSE: ASHOKLEY)

Ashok Leyland Ltd

149.050.73 (0.49%)
Market Closed

Fundamental Score

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Ashok Leyland Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Ashok Leyland Ltd share price today is 149.05, down 0.49% on NSE/BSE as of 18 June 2026. Ashok Leyland Ltd (ASHOKLEY) is a Large-cap company in the Commercial Vehicles sector with a market capitalisation of 94.14K (Cr). The 52-week high for ASHOKLEY share price is 215.42 and the 52-week low is 114.96. At a P/E ratio of 28.16x, ASHOKLEY is currently trading below its industry average P/E of 40.27x. The company has a Return on Equity (ROE) of 28.82% and a debt-to-equity ratio of 4.33.

Ashok Leyland Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
172.80
Low
148.76
Volume
2.1Cr
Change
-3.38%

Ashok Leyland Ltd share price chart: -3.38% return over the past month. 52-week high ₹215.42, 52-week low ₹114.96.

Ashok Leyland Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
145.50150.14145.50149.05431.48L (Cr)
157.03157.60149.42149.78340.96L (Cr)
165.66165.70154.86155.44872.50L (Cr)
163.62163.62163.62163.620.00 (Cr)
160.84164.10159.45163.62217.13L (Cr)
164.28164.30159.73160.54242.36L (Cr)
160.10165.80160.10164.08306.81L (Cr)
155.00158.74154.05158.21186.95L (Cr)
156.00158.48153.75154.48236.66L (Cr)
150.00154.50148.80153.61242.02L (Cr)

Ashok Leyland Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
157.03157.60145.50149.05-5.08%
162.09172.80148.76155.44-4.10%
154.15181.39143.13162.09+5.15%
200.05212.90153.56154.13-22.95%
189.77215.42185.52211.10+11.24%
179.19199.21176.83196.69+9.77%
158.26180.34155.55179.19+13.23%
142.00162.00138.11158.12+11.35%
143.00143.80134.21141.53-1.03%
127.35144.50125.85142.67+12.03%
121.05134.31114.96126.98+4.90%
125.28127.20119.45121.05-3.37%

AI Research Briefing

Powered by Gemini · 2026-04-09

Cyclical recovery play with EV optionality, but bus segment weakness and macro risks demand caution.

Research Confidence
7.0/10High
RATE PLAYBreakout. 1M: 13.26%, 3M: 22.94%, 6M: 36.07%.Fair. P/E of 28.16x vs Industry P/E of 40.27x.

WHAT'S HAPPENING NOW (last 2-4 weeks)

Ashok Leyland's stock surged around 13% on April 8, 2026, briefly crossing driven by an overall upbeat market sentiment following a temporary US-Iran ceasefire and the RBI's decision to keep the repo rate unchanged. The company's market capitalization surpassed trillion. March 2026 sales saw a 5% increase to 25,381 units compared to the previous year, with domestic sales also up by 5%. However, bus segment contracted.

CORE STORY (THE REAL GAME)

Ashok Leyland is a cyclical play on the Indian commercial vehicle upswing, leveraged to infrastructure spending and replacement demand. The market is also watching its transition to EVs through Switch Mobility.

Why Now
  • Macro optimism from US-Iran ceasefire
  • 5% YoY sales growth in March 2026
  • Brokerage upgrades with target price of ₹180/₹225
Potential Catalysts
  • Sustained infrastructure spending
  • Successful EV transition
  • Recovery in the bus segment
Key Risks
  • Bus segment contraction
  • High debt/equity ratio of 4.33
  • Rising steel prices
Institutional Activity

FII increased holdings by 0.47%, indicating positive sentiment.

Macro Context

Commercial Vehicles showed 6% growth in Production, 4% in Sales, and 19% in Exports in H1 FY 2026.

Cash Flow Quality

No. Negative Free Cash Flow 5Y: ₹-13517.25 Cr

3–6 Month Outlook

Expect continued growth driven by infrastructure projects and replacement demand. EV transition through Switch Mobility is a key catalyst.

Primary Thesis Risk

Prolonged weakness in the bus segment and high debt levels could derail the growth story.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Excellent

Return on Equity (ROE)

28.82%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

14.26%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

15.08%

Average operating profit margin over 5 years

Good

Dividend Yield

1.95%

Annual dividend as % of current share price

Ashok Leyland Ltd Valuation Check

Excellent

Price to Earnings (P/E)

28.16x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

40.27x

Average P/E of all peers in this sector

Market-cap Classification
Large-cap
Established & liquid; typically steadier returns.

Shareholding Pattern

Excellent

Promoter Holding

51.35%

% shares held by company founders/management

Excellent

FII Holding

24.32%

% shares held by foreign institutional investors

Good

DII Holding

13.59%

% held by domestic mutual funds, LIC, banks

Poor

Promoter Pledged %

41.15%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

23.63%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

12.82%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

17.20%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

54.19%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

54.20%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

4.33x

Total debt ÷ equity. Below 0.5 = financially healthy

Poor

Interest Coverage Ratio

2.14x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-13.52K (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Ashok Leyland Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of ASHOKLEY across key market metrics for learning purposes.

Positive Indicators

9 factors identified

Strong Return on Equity (28.82%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Strong Operating Margins (15.08%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Attractive Valuation (P/E: 28.16 vs Industry: 40.27)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Robust Profit Growth (23.63%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Consistent Growth Track Record (17.20% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (54.19% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (54.20% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Balanced Promoter Holding (51.35%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Strong Institutional Confidence (FII+DII: 37.91%)

Observation: Significant professional investor participation.

Analysis: High institutional holding often signals thorough due diligence.

Risk Factors

4 factors identified

Elevated Debt Levels (D/E: 4.33)

Observation: High leverage increases financial risk and interest burden.

Analysis: High debt-to-equity ratios require monitoring of debt servicing capability.

Weak Interest Coverage (2.14x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability.

Negative Free Cash Flow (₹-13517.25 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

High Share Pledging Risk (41.15%)

Observation: Significant promoter share pledging creates potential overhang.

Analysis: High pledging levels may create selling pressure during market downturns.

Ashok Leyland Ltd vs Commercial Vehicles Peers

Peer Comparison - Commercial Vehicles

Compare Ashok Leyland Ltd with 2 other companies in the same sector

3 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
39.3/100
149
₹94140.03
28.2
Average
28.82%
Excellent
14.26%
Average
4.3
Poor
54.20%
Excellent
17.20%
Excellent
1.95%
46.7/100
4432
₹4644.94
32.8
Average
36.38%
Excellent
27.12%
Excellent
0.6
Good
50.50%
Excellent
15.76%
Excellent
0.56%
32/100
478
₹1289.13
47.7
Average
4.99%
Poor
6.48%
Poor
0.3
Excellent
-16.74%
Poor
2.94%
Average
0.00%

Ashok Leyland Ltd PE Ratio History

Historical price-to-earnings ratio for ASHOKLEY — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20255.28₹179.1933.9x
FY 20244.22₹110.2526.1x
FY 20232.10₹90.7843.1x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Ashok Leyland Ltd Dividend History

Annual cash dividends paid by ASHOKLEY — dividend yield 1.95%

Financial YearDividends Paid (₹ Cr)
FY 20252040.77 Cr
FY 2024763.39 Cr
FY 2023293.55 Cr
FY 2022176.13 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Ashok Leyland Ltd Quarterly Performance

Latest quarterly metrics for ASHOKLEY — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

12.82%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

23.63%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

17.20%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

54.20%

Compounded annual net profit growth over 5 years

Ashok Leyland Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for ASHOKLEY — calculated from daily price history

41RSI 14
Neutral — RSI 41

Momentum is balanced — neither overbought nor oversold.

SMA 50
165
▼ Price below SMA 50 — Short-term bearish
SMA 200
162
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
20083K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Ashok Leyland Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Ashok Leyland Ltd (ASHOKLEY) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Ashok Leyland Ltd

About ASHOKLEY (Ashok Leyland Ltd)

Ashok Leyland Ltd is a leading manufacturer of commercial vehicles, holding a significant position in the Indian and global automotive landscape. Their core business revolves aroun...d designing, developing, and producing a diverse range of transport solutions tailored to meet various needs. From robust haulage trucks built for heavy-duty transportation to versatile buses catering to public and private transit systems, Ashok Leyland offers a comprehensive portfolio. They also specialize in intermediate and light commercial vehicles, covering everything from efficient goods carriers to passenger transport options. Ashok Leyland has established itself as a provider of robust and reliable vehicles suitable for demanding environments and diverse applications. Beyond traditional commercial vehicles, Ashok Leyland expands its expertise into niche segments. They provide specialized vehicles to the defense sector, including logistics trucks, high-mobility vehicles built to withstand harsh terrains, and armored vehicles designed for security purposes. Additionally, they manufacture tippers tailored for construction and mining operations, as well as tractors to support agricultural activities. Recognizing the evolving demands of the transportation sector, Ashok Leyland continuously adapts and innovates, embracing advanced technologies and sustainable solutions to provide vehicles that are not only efficient but also environmentally conscious. The company strives to provide customized and reliable solutions for its customers Furthermore, Ashok Leyland extends its reach beyond vehicle manufacturing by offering power solutions. This includes the production of diesel generators, providing reliable power sources for various industries and applications. They provide a wide array of equipment. These generators provide efficient power for various applications. In addition to generators, they provide solutions for the agricultural segment. This diversification strengthens Ashok Leyland's presence across multiple sectors, making them a versatile player in the Indian and international markets. Through a dedication to quality, innovation, and customer satisfaction, Ashok Leyland is committed to playing a vital role in shaping the future of mobility and power solutions.

Company Details

Symbol:ASHOKLEY
Industry:Commercial Vehicles
Sector:Commercial Vehicles

Key Leadership

Mr. Dheeraj Gopichand Hinduja
Non-Independent Executive Chairman
Mr. Shenu Agarwal
CEO, MD & Director
Mr. K. M. Balaji
President of Finance & CFO

ASHOKLEY Share Price: Frequently Asked Questions

What is the current share price of Ashok Leyland Ltd?

Ashok Leyland Ltd (ASHOKLEY) trades at ₹149.05 on NSE and BSE. Market cap ₹94.14K (Cr). Educational data only.

What is the P/E ratio of Ashok Leyland Ltd?

Ashok Leyland Ltd has a P/E of 28.16x vs industry average 40.27x.

What is the Bull Run score for Ashok Leyland Ltd?

Ashok Leyland Ltd has a Bull Run score of 39.3/100 based on 25+ financial parameters.

Does Ashok Leyland Ltd pay dividends?

Ashok Leyland Ltd has a dividend yield of 1.95%. Past dividends don't guarantee future payments.

What is the ROE of Ashok Leyland Ltd?

Ashok Leyland Ltd has ROE of 28.82%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Ashok Leyland Ltd?

Ashok Leyland Ltd has debt-to-equity of 4.33.

Is Ashok Leyland Ltd a good investment?

Bull Run gives Ashok Leyland Ltd a score of 39.3/100. This is not investment advice — consult a SEBI-registered advisor.