Ashok Leyland enterprise value

Share price at each year-end

Tap a line for its trend	Currentlast 12M	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus


85,172	—	—	—	—	FY22 and earlierEvery year the company has filed comes with Alpha Plus.
12,603	12,603	11,212	6,241	5,420
4,305	4,305	3,613	2,810	2,245
63,936	63,936	49,962	40,802	31,161
1,40,809	—	—	—	—
51,333	51,333	38,750	34,562	25,741
₹239.72	—	—	—	—

82,482	82,482	65,807	52,617	41,960
77.5%	77.5%	75.9%	77.5%	74.3%
0.45×	—	—	—	—

2.44×	—	—	—	—
12.82×	—	—	—	—
14.36×	—	—	—	—
57,723	56,362	48,535	45,791	41,673
10,982	10,745	9,208	7,943	5,093
9,803	9,607	8,121	7,016	4,193
—	−4,895	128	−6,258	−4,499
−7,840	−7,840	−1,520	−7,392	−5,428
—	−7,934	−1,601	−7,533	−5,561
—	2,945	1,648	1,134	929

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

ASHOKLEY₹145.00

Ashok Leyland Ltd.

· Capital Goods & Defence

₹ CrorePeersEICHERMOT SUZLON BHEL APLAPOLLO POLYCAB GVT&D TMCV MAZDOCKMcap ₹85,172 Cr

HighlightsEnterprise Value Multiples Per ShareAnnuals · FY-end closes

In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Current/LTM TTM · last close
Market Capitalization	—	—	—	—	85,171.6
- Cash, Equiv & ST Investments	5,419.9	6,240.5	11,211.7	12,602.9	12,602.9
+ Minority Interest	2,244.8	2,810.0	3,612.8	4,304.6	4,304.6
+ Total Debt	31,160.9	40,802.2	49,962.1	63,935.7	63,935.7
Enterprise Value	—	—	—	—	1,40,808.9
Net Debt (memo)	25,741.0	34,561.7	38,750.4	51,332.8	51,332.8
EV per Share	—	—	—	—	239.72

Total Capital	41,959.7	52,616.8	65,807.0	82,481.9	82,481.9
Total Debt/Total Capital	74.26	77.55	75.92	77.51	77.51
Total Debt/EV	—	—	—	—	0.45

EV/Sales	—	—	—	—	2.44
EV/EBITDA	—	—	—	—	12.82
EV/EBIT	—	—	—	—	14.36
Reference Items — Trailing FY Values
Sales	41,672.6	45,790.6	48,535.1	56,362.1	57,723.1
EBITDA	5,092.9	7,942.9	9,207.8	10,745.0	10,981.9
EBIT	4,192.7	7,015.6	8,121.1	9,607.4	9,803.1
Operating Cash Flow	-4,499.3	-6,258.0	128.5	-4,894.7	—
Free Cash Flow	-5,428.4	-7,391.5	-1,519.6	-7,840.2	-7,840.2
FCFF (free cash flow to the firm)	-5,560.9	-7,532.7	-1,600.8	-7,934.1	—
Capital Expenditure	929.1	1,133.5	1,648.1	2,945.5	—

Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.