Ashok Leyland Peer Comparison

NSE: ASHOKLEY | BSE: 500477

₹161.75

₹-1.25 (-0.77%)

As on 21-Sep-2026IST

Market cap

₹94,775 Cr

Revenue (TTM)

₹57,723 Cr

P/E Ratio

27.3

P/B Ratio

6.4

Div. Yield

2.2 %

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	Ashok Leyland	Tata Motors	Force Motors	Olectra Greentech	Jamna Auto
Market cap (₹ Cr)	94,775	1,63,663	23,058	9,886	5,178
Revenue (₹ Cr)	57,723	87,197	9,200	2,540	2,650
Net Profit (₹ Cr)	3,678.01	4,034.00	1,238.07	172.38	233.75
Net Margin (%)	6.30	4.56	13.28	6.76	8.79
RoE (%)	27.86	47.02	28.38	15.10	22.18
Price to Earnings	27.27	39.05	18.42	55.72	22.15
Price-To-Book	6.37	10.74	5.23	7.90	4.34

Income Statement (₹ Cr)

	Ashok Leyland	Tata Motors	Force Motors	Olectra Greentech	Jamna Auto
Operating Revenue	56,362.08	83,855.00	9,057.05	2,312.17	2,611.59
Total Income	56,978.22	85,079.00	9,167.51	2,326.51	2,622.39
Total Expenditure	45,648.40	76,338.00	7,573.90	1,982.30	2,216.40
EBITDA	10,713.68	7,517.00	1,483.15	329.87	395.19
Depreciation	1,137.56	1,945.00	285.99	44.79	60.61
EBIT	9,576.12	5,572.00	1,197.16	285.08	334.58
Interest	4,704.65	874.00	3.26	61.35	13.74
Other Income	616.14	1,224.00	110.46	14.35	10.80
Exceptional Items	-384.44	-1,428.00	211.24	--	-11.88
Profit before Tax	5,154.79	4,663.00	1,515.71	246.14	319.76
Provision for Tax	1,433.81	1,633.00	303.96	66.61	88.78
Profit after Tax	3,720.98	3,030.00	1,211.75	179.53	230.98

	Ashok Leyland	Tata Motors	Force Motors	Olectra Greentech	Jamna Auto
Shareholder's Funds	14,241.69	12,734.00	4,194.35	1,227.58	1,147.10
Minority Interest	4,304.55	--	2.46	5.49	0.00
Non-Current Liabilities	49,040.31	8,972.00	296.52	233.21	349.79
Current Liabilities	33,117.68	30,603.00	2,044.22	1,100.83	458.51
Total Liabilities	1,00,704.23	52,309.00	6,537.55	2,567.11	1,967.14

	Ashok Leyland	Tata Motors	Force Motors	Olectra Greentech	Jamna Auto
Non-Current Assets	56,961.91	29,100.00	2,705.93	832.99	1,352.85
Current Assets	43,742.32	23,208.00	3,831.62	1,734.12	602.55
Total Assets	1,00,704.23	52,309.00	6,537.55	2,567.11	1,967.14
Total Debt*	63,649.80	4,817.00	0.00	380.29	0.00
Net Current Assets	10,624.64	-7,395.00	1,787.40	633.29	144.04
Contingent Liabilities	442.48	1,872.00	123.82	5.64	38.69

	Ashok Leyland	Tata Motors	Force Motors	Olectra Greentech	Jamna Auto
Cash From Operating Activities	-4,894.71	14,981.00	1,297.09	103.76	510.47
Cash Flow from Investing Activities	-7,015.79	-3,451.00	-899.84	-167.23	-245.43
Cash from Financing Activities	11,617.23	-5,223.00	-73.40	67.43	-302.41
Net Cash Inflow / Outflow	-293.27	6,307.00	323.85	3.97	-37.37

	Ashok Leyland	Tata Motors	Force Motors	Olectra Greentech	Jamna Auto
ROCE (%)	14.10	31.55	41.93	21.12	29.41
ROE (%)	28.19	23.85	33.53	15.77	21.68
ROA (%)	4.08	5.79	20.76	7.58	12.32
EBIT Margin (%)	20.10	10.42	17.60	14.89	15.55
Net Margin (%)	6.53	3.56	13.22	7.72	8.81
Cash Profit Margin (%)	8.47	5.93	16.54	9.70	10.64

	Ashok Leyland	Tata Motors	Force Motors	Olectra Greentech	Jamna Auto
Revenue Growth (%)	16.13	0.00	12.21	28.32	15.04
EBIT Growth (%)	18.44	--	38.66	26.12	31.77
Net Profit Growth (%)	10.00	0.00	51.31	28.96	28.09
EPS Growth (%)	11.71	0.00	51.31	27.80	27.84
Book Value Growth (%)	16.79	0.00	38.27	16.99	15.75

	Ashok Leyland	Tata Motors	Force Motors	Olectra Greentech	Jamna Auto
Price / Earnings	26.09	47.93	21.11	44.69	19.39
Price / Book Value	6.37	11.43	6.10	6.46	3.92
Dividend Yield (%)	2.27	1.01	0.26	0.06	2.23
EV/EBITDA	12.66	16.27	15.53	23.65	10.77
Market Cap (₹ Cr)	90,545.68	1,45,211.70	25,573.49	7,932.35	4,478.09

	Ashok Leyland	Tata Motors	Force Motors	Olectra Greentech	Jamna Auto
Debt to Equity	4.48	0.38	0.00	0.31	0.00
Short term debt to equity ratio	0.09	0.05	--	0.14	0.13
Current Ratio	1.32	0.76	1.87	1.58	1.31
Quick Ratio	1.18	0.58	1.26	1.35	0.60
Interest Coverage	2.10	6.34	465.94	5.01	24.27

	Ashok Leyland	Tata Motors	Force Motors	Olectra Greentech	Jamna Auto
Debtors to sales (%)	5.48	3.24	2.11	42.70	3.03
Asset Turnover	0.63	1.60	1.55	0.98	1.46
Receivable days	20.47	11.84	7.36	132.66	15.63
Inventory Days	27.55	23.71	49.20	42.38	43.09
Payable days	90.32	86.75	51.97	144.54	32.02
Cash Conversion Cycle	-42.29	-51.20	4.59	30.50	26.70

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.