Home/Stocks/Ashok Leyland Ltd.
NSE: ASHOKLEY · Auto & Mobility

Ashok Leyland Ltd.

177.40 0.92%
Open
180.60
High
181.84
Low
176.79
Prev close
179.05
Volume
1,41,50,948

Market closed · data as of 27 Aug 2026 · source NSE via Alphave. Open the live chart →

What Ashok Leyland does

Ashok Leyland, the Hinduja group flagship, is India's second-largest commercial vehicle maker, manufacturing trucks (led by medium & heavy commercial vehicles), buses, light commercial vehicles (Dost, Bada Dost), defence mobility vehicles and industrial engines. Its subsidiary Switch Mobility develops electric buses and LCVs, and Hinduja Leyland Finance provides captive financing. Revenue tracks the domestic CV cycle, with buses and exports (SAARC, Middle East, Africa) as additional drivers.

India's second-largest commercial vehicle manufacturer and among the largest bus makers globally.

Listing and classification

NSE symbol
ASHOKLEY
ISIN
INE208A01029
Sector
Auto & Mobility
Sub-sector
Commercial Vehicles
Market-cap tier
Large Cap
Market-cap rank
#151

Ashok Leyland Ltd. is a constituent of NIFTY 200, NIFTY 500, NIFTY AUTO, NIFTY INFRA, NIFTY MIDCAP 100, NIFTY MIDCAP 150, NIFTY MIDCAP 50, NIFTY MIDCAP SELECT. See where it sits on the market heatmap →

Financial ratios, as filed

Consolidated annual figures taken from Ashok Leyland Ltd.'s own filed statements — not estimates, and not restated by us. The most recent period shown is FY26 (year ended 31 Mar 2026).

Per-share figures are not restated. Shares outstanding changed from 293.65 crore to 587.39 crore in FY26, consistent with a bonus issue or stock split. Each year's EPS and book value below are as that year was filed, on that year's share count — so the per-share line falls across FY26 even where profit did not. Compare the absolute figures (EBITDA, free cash flow, total debt) and the margins across that boundary, not the per-share ones.

Ashok Leyland Ltd. — key consolidated ratios by financial year
MetricFY26FY25FY24
EPS (basic, ₹)5.9110.588.46
Book value / share (₹)31.5753.9640.24
Return on equity18.7%19.6%21.0%
Return on capital employed14.1%14.7%17.1%
Operating margin17.1%16.7%15.3%
Net margin6.6%7.0%5.9%
EBITDA₹10,745 Cr₹9,208 Cr₹7,943 Cr
Free cash flow₹-7,840 Cr₹-1,520 Cr₹-7,392 Cr
Total debt₹63,936 Cr₹49,962 Cr₹40,802 Cr
Debt to equity3.453.153.45
Interest coverage2.02.12.4
Current ratio1.321.291.09
Shares outstanding5,87,39,00,0002,93,65,00,0002,93,63,00,000

Open the full income statement, balance sheet and cash flow for ASHOKLEY

Shareholding pattern

As disclosed for the quarter ended 30 Jun 2026.

Promoter & group
51.51%
FII / FPI
20.68%
DII
15.76%
Public
48.49%

Institutional ownership changes quarter to quarter. See daily FII and DII flows across the market →

Peers in Commercial Vehicles

Companies Alphave classifies in the same sub-sector, closest by market capitalisation.

What this page will not tell you

Whether to buy it
Alphave is NISM-certified, not a SEBI-registered research analyst. There is no target price, rating or recommendation anywhere on this page, and there will not be one.
A forecast of next quarter
Every figure above is filed history. Alphave publishes what companies reported, not what they might report.
Intraday precision
The quote on this page is cached and stamped with its as-of time. For live prices that update while you watch, use the chart.