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Ashok Leyland Key Ratios

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NSE: ASHOKLEY | BSE: 500477

₹175.79

up-down-arrow ₹-1.61 (-0.91%)

As on 28-Aug-2026 11:54IST

Market cap

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₹1,03,262 Cr

Revenue (TTM)

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₹57,723 Cr

P/E Ratio

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29.7

P/B Ratio

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6.9

Div. Yield

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2 %

Key Ratios and Highlights

Growth Score (%) Quarterly Annual (TTM)
Particulars QoQ YoY 1-Year 3-Years 5-Years
Revenue -24.22 11.62 16.50 10.40 21.24
EBIT -30.01 10.30 16.49 25.87 40.11
Net Profit -52.77 0.78 16.56 29.31 104.78
EPS -52.29 0.76 8.31 25.04 159.55
Book Value -- -- 16.77 18.66 12.70
Key Ratios (%) Average Annual (TTM)
Particulars3-Years5-YearsTTMMar-26Mar-25
EBIT-Margin info 10.8013.2216.9816.9916.73
Net Margin info 7.764.306.306.536.92
Return on equity info 30.7120.9127.8628.1932.02
Return on Capital info 36.7612.59--14.1015.29
Return on Assets info 12.653.034.034.084.54
Debt to Equity (x) info ----3.234.484.08

Profitability

View Detailed Peer Comparison

ROCE

--

--

Earning before interest and taxes / (Average net worth + Average total Debt) * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Ashok Leyland
--
14.10
15.29
15.92
12.33
Peer Median
--
22.18
15.92
12.34
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
ROE

27.86

Higher than Peers by 6.53

Profit after tax / Average Net worth * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Ashok Leyland
27.86
28.19
32.02
30.88
17.23
Peer Median
21.33
23.66
18.80
8.27
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
ROA

4.03

Lower than Peers by 7.94

Profit after tax / Average Total assets * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Ashok Leyland
4.03
4.08
4.54
4.41
2.77
Peer Median
11.96
9.11
4.41
3.53
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EBIT Margin

16.98

Higher than Peers by 5.19

Operating profit (EBIT) / Net Sales * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Ashok Leyland
16.98
16.99
16.73
15.14
10.06
Peer Median
11.79
12.84
11.21
11.20
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Net Margin

6.30

Lower than Peers by 1.49

Net profit / Total Income (Net sales plus other income) * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Ashok Leyland
6.30
6.53
6.92
5.87
3.25
Peer Median
7.78
7.80
5.87
3.26
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Cash Profit Margin

--

--

(Net profit + Depreciation) / Gross Sales * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Ashok Leyland
--
8.47
9.04
7.80
5.34
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Growth

View Detailed Peer Comparison

Revenue Growth

16.50

Higher than Peers by 1.96

Year on year growth in net sales

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Ashok Leyland
16.50
16.13
6.20
9.67
58.83
Peer Median
14.54
16.20
15.44
5.81
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EBIT Growth

16.49

Lower than Peers by 10.79

Year on year growth in operating profit (EBIT)

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Ashok Leyland
16.49
17.92
17.34
65.07
122.01
Peer Median
27.28
32.85
26.57
28.43
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Net Profit Growth

16.56

Lower than Peers by 9.05

Year on year growth in profit after tax

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Ashok Leyland
16.56
10.00
25.46
98.43
576.03
Peer Median
25.61
27.35
92.21
98.80
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EPS Growth

8.31

Lower than Peers by 17.14

Year on year growth in earnings per share

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Ashok Leyland
8.31
11.71
25.09
100.48
445.34
Peer Median
25.45
30.24
39.65
100.00
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Book Value Growth

--

--

Year on year growth in book value per share

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Ashok Leyland
--
16.79
35.94
5.26
17.17
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Solvency

View Detailed Peer Comparison

Debt to Equity

3.23

Higher than Peers by 3.20

Total debt / Net worth

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Ashok Leyland
3.23
4.48
4.08
4.53
3.63
Peer Median
0.03
0.19
0.23
0.49
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Short term debt to equity ratio

--

--

(Short term borrowings / Net worth)

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Ashok Leyland
--
0.09
0.14
0.43
0.28
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Current Ratio

1.32

Lower than Peers by 0.05

Current Assets / Current Liabilities and Provisions

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Ashok Leyland
1.32
1.32
1.29
1.09
1.08
Peer Median
1.37
1.48
1.25
1.21
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Quick Ratio

1.18

Higher than Peers by 0.34

(Current Assets - Inventory) / Current Liabilities and Provisions

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Ashok Leyland
1.18
1.18
1.14
0.94
0.92
Peer Median
0.84
1.22
1.14
0.94
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Interest Coverage

2.05

Lower than Peers by 17.59

Earning before interest and taxes (EBIT) / Interest Expenses

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Ashok Leyland
2.05
2.10
2.17
2.38
2.08
Peer Median
19.63
27.41
3.46
3.85
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Operating Efficiency

View Detailed Peer Comparison

Debtors to sales

5.35

Lower than Peers by 1.48

Debtors outstanding / Net Sales * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Ashok Leyland
5.35
5.48
6.90
8.53
10.05
Peer Median
6.83
4.17
6.89
8.51
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Asset Turnover

0.63

Lower than Peers by 0.93

Sales / Average Total Assets

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Ashok Leyland
0.63
0.63
0.66
0.76
0.86
Peer Median
1.56
1.32
1.08
0.83
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Receivable days

--

--

Average Debtors / Sales * 365

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Ashok Leyland
--
20.47
26.76
31.76
32.16
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Inventory Days

--

--

Average Inventory / Sales * 365

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Ashok Leyland
--
27.55
29.52
29.26
25.81
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Payable days

--

--

Average Creditors / Cost of goods sold * 365

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Ashok Leyland
--
90.32
87.69
86.56
87.95
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Cash Conversion Cycle

--

--

Receivable Days + Inventory Days - Payable Days

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Ashok Leyland
--
-42.29
-31.41
-25.53
-29.99
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Valuation

View Detailed Peer Comparison

Price / Earnings

29.71

Higher than Peers by 4.41

Current share price divided by earning per share in the last twelve months

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Ashok Leyland
29.71
26.09
9.65
10.12
16.49
Peer Median
25.30
25.30
23.61
31.23
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Price / Book Value

6.94

Higher than Peers by 0.83

Current share price divided by book value per share in the latest financial year

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Ashok Leyland
6.94
6.37
4.93
5.61
4.80
Peer Median
6.11
6.11
6.00
5.50
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Dividend Yield

1.99

Higher than Peers by 0.86

Dividend per share in the past twelve months divided by current share price

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Ashok Leyland
1.99
2.27
3.06
2.89
1.87
Peer Median
1.13
1.13
0.28
0.22
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EV/EBITDA

13.40

--

Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Ashok Leyland
13.40
12.66
10.70
10.36
13.38
Peer Median
--
18.59
29.55
113.45
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Market Cap

1,03,262

Higher than Peers by 86,375

Current Share price multiplied by latest total number of shares outstanding

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Ashok Leyland
1,03,262
90,546
59,965
50,255
40,856
Peer Median
16,887
16,887
9,844
12,120
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
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