Ashok Leyland Peer Comparison
NSE: ASHOKLEY | BSE: 500477
₹175.77
As on 28-Aug-2026IST
Market cap
₹1,03,350 Cr
Revenue (TTM)
₹57,723 Cr
P/E Ratio
29.7
P/B Ratio
6.9
Div. Yield
2 %
| Ashok Leyland | Tata Motors | Force Motors | Olectra Greentech | Jamna Auto | |
|---|---|---|---|---|---|
Market cap (₹ Cr) |
1,03,350 | 1,71,687 | 22,867 | 10,789 | 4,836 |
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 |
29.73 | 40.97 | 18.27 | 60.81 | 20.69 |
Price-To-Book |
6.95 | 11.27 | 5.19 | 8.62 | 4.04 |
Income Statement (₹ Cr)
| Ashok Leyland | Tata Motors | Force Motors | Olectra Greentech | Jamna Auto | |
|---|---|---|---|---|---|
|
Operating Revenue
|
56,362.08 | 83,855.00 | 9,057.05 | 1,801.90 | 2,270.14 |
|
Total Income
|
56,978.22 | 85,079.00 | 9,167.51 | 1,814.21 | 2,276.22 |
|
Total Expenditure
|
45,648.40 | 76,338.00 | 7,573.90 | 1,541.29 | 1,968.11 |
|
EBITDA
|
10,713.68 | 7,517.00 | 1,483.15 | 260.61 | 302.02 |
|
Depreciation
|
1,137.56 | 1,945.00 | 285.99 | 37.28 | 47.15 |
|
EBIT
|
9,576.12 | 5,572.00 | 1,197.16 | 223.33 | 254.87 |
|
Interest
|
4,704.65 | 874.00 | 3.26 | 51.15 | 5.20 |
|
Other Income
|
616.14 | 1,224.00 | 110.46 | 12.32 | 6.09 |
|
Exceptional Items
|
-384.44 | -1,428.00 | 211.24 | -- | -- |
|
Profit before Tax
|
5,154.79 | 4,663.00 | 1,515.71 | 187.88 | 255.75 |
|
Provision for Tax
|
1,433.81 | 1,633.00 | 303.96 | 48.67 | 75.43 |
|
Profit after Tax
|
3,720.98 | 3,030.00 | 1,211.75 | 139.21 | 180.32 |
Liabilities (₹ Cr)
| Ashok Leyland | Tata Motors | Force Motors | Olectra Greentech | Jamna Auto | |
|---|---|---|---|---|---|
|
Shareholder's Funds
|
14,241.69 | 12,734.00 | 4,194.35 | 1,049.26 | 993.17 |
|
Minority Interest
|
4,304.55 | -- | 2.46 | 3.45 | 0.00 |
|
Non-Current Liabilities
|
49,040.31 | 8,972.00 | 296.52 | 195.19 | 183.99 |
|
Current Liabilities
|
33,117.68 | 30,603.00 | 2,044.22 | 923.50 | 616.75 |
|
Total Liabilities
|
1,00,704.23 | 52,309.00 | 6,537.55 | 2,171.40 | 1,800.72 |
Assets (₹ Cr)
| Ashok Leyland | Tata Motors | Force Motors | Olectra Greentech | Jamna Auto | |
|---|---|---|---|---|---|
|
Non-Current Assets
|
56,961.91 | 29,100.00 | 2,705.93 | 660.35 | 995.03 |
|
Current Assets
|
43,742.32 | 23,208.00 | 3,831.62 | 1,511.05 | 796.75 |
|
Total Assets
|
1,00,704.23 | 52,309.00 | 6,537.55 | 2,171.40 | 1,800.72 |
|
Total Debt*
|
63,649.80 | 4,817.00 | 0.00 | 254.85 | 127.42 |
|
Net Current Assets
|
10,624.64 | -7,395.00 | 1,787.40 | 587.55 | 180.00 |
|
Contingent Liabilities
|
442.48 | 1,872.00 | 123.82 | 275.74 | 28.57 |
Cashflow (₹ Cr)
| Ashok Leyland | Tata Motors | Force Motors | Olectra Greentech | Jamna Auto | |
|---|---|---|---|---|---|
|
Cash From Operating Activities
|
-4,894.71 | 14,981.00 | 1,297.09 | 140.67 | 288.93 |
|
Cash Flow from Investing Activities
|
-7,015.79 | -3,451.00 | -899.84 | -224.83 | -188.71 |
|
Cash from Financing Activities
|
11,617.23 | -5,223.00 | -73.40 | 82.95 | -33.94 |
|
Net Cash Inflow / Outflow
|
-293.27 | 6,307.00 | 323.85 | -1.21 | 66.28 |
Ratios
Profitability Ratios
| Ashok Leyland | Tata Motors | Force Motors | Olectra Greentech | Jamna Auto | |
|---|---|---|---|---|---|
|
ROCE (%)
|
14.10 | 31.55 | 41.93 | 20.45 | 23.92 |
|
ROE (%)
|
28.19 | 23.85 | 33.53 | 14.19 | 19.12 |
|
ROA (%)
|
4.08 | 5.79 | 20.76 | 7.40 | 10.81 |
|
EBIT Margin (%)
|
20.10 | 10.42 | 17.60 | 15.15 | 13.57 |
|
Net Margin (%)
|
6.53 | 3.56 | 13.22 | 7.67 | 7.92 |
|
Cash Profit Margin (%)
|
8.47 | 5.93 | 16.54 | 9.79 | 9.61 |
Growth Ratios
| Ashok Leyland | Tata Motors | Force Motors | Olectra Greentech | Jamna Auto | |
|---|---|---|---|---|---|
|
Revenue Growth (%)
|
16.13 | 0.00 | 12.21 | 56.13 | -6.45 |
|
EBIT Growth (%)
|
18.44 | -- | 38.66 | 53.75 | -7.40 |
|
Net Profit Growth (%)
|
10.00 | 0.00 | 51.31 | 76.99 | -12.22 |
|
EPS Growth (%)
|
11.71 | 0.00 | 51.31 | 80.76 | -12.23 |
|
Book Value Growth (%)
|
16.79 | 0.00 | 38.27 | 14.86 | 9.89 |
Valuation Ratios
| Ashok Leyland | Tata Motors | Force Motors | Olectra Greentech | Jamna Auto | |
|---|---|---|---|---|---|
|
Price / Earnings
|
26.09 | 47.93 | 21.11 | 68.98 | 16.62 |
|
Price / Book Value
|
6.37 | 11.43 | 6.10 | 9.13 | 3.03 |
|
Dividend Yield (%)
|
2.27 | 1.01 | 0.26 | 0.03 | 2.80 |
|
EV/EBITDA
|
12.66 | 16.27 | 15.53 | 35.41 | 9.67 |
|
Market Cap (₹ Cr)
|
90,545.68 | 1,45,211.70 | 25,573.49 | 9,580.87 | 2,996.13 |
Solvency Ratios
| Ashok Leyland | Tata Motors | Force Motors | Olectra Greentech | Jamna Auto | |
|---|---|---|---|---|---|
|
Debt to Equity
|
4.48 | 0.38 | 0.00 | 0.24 | 0.13 |
|
Short term debt to equity ratio
|
0.09 | 0.05 | -- | 0.10 | 0.13 |
|
Current Ratio
|
1.32 | 0.76 | 1.87 | 1.64 | 1.29 |
|
Quick Ratio
|
1.18 | 0.58 | 1.26 | 1.32 | 0.78 |
|
Interest Coverage
|
2.10 | 6.34 | 465.94 | 4.67 | 50.14 |
Operating Efficiency Ratios
| Ashok Leyland | Tata Motors | Force Motors | Olectra Greentech | Jamna Auto | |
|---|---|---|---|---|---|
|
Debtors to sales (%)
|
5.48 | 3.24 | 2.11 | 38.49 | 6.86 |
|
Asset Turnover
|
0.63 | 1.60 | 1.55 | 0.96 | 1.42 |
|
Receivable days
|
20.47 | 11.84 | 7.36 | 122.22 | 26.30 |
|
Inventory Days
|
27.55 | 23.71 | 49.20 | 51.26 | 52.14 |
|
Payable days
|
90.32 | 86.75 | 51.97 | 143.64 | 17.72 |
|
Cash Conversion Cycle
|
-42.29 | -51.20 | 4.59 | 29.84 | 60.72 |