Overall Fundamental outlook

Business Operations:

Sector: Industrials
Industry: Farm & Heavy Construction Machinery

Ashok Leyland Limited, together with its subsidiaries, manufactures and sells commercial vehicles in India and internationally. The company offers buses; haulage and ICV trucks, as well as tractors and tippers; light commercial vehicles goods carriers and passenger, as well as small commercial vehicles goods carriers; and defense vehicles comprising logistics, high mobility, armored, and specialist vehicles. It also provides power solutions, such as diesel generators, agriculture engines, industrial engines, and marine engines; spare parts; and vehicle and housing financing services. In addition, the company trades in commercial vehicles; and offers manpower supply, air chartering, and IT services, as well as manufactures forgings and castings. Further, it operates retail stores; and LeyKart, an e-commerce store for spare parts. The company was incorporated in 1948 and is headquartered in Chennai, India.

Revenue projections:

Revenue projections for ASHOKLEY
Revenue projections for ASHOKLEY

ASHOKLEY's revenue is projected to decrease from last year, a development that could lead investors to adopt a more cautious approach. A revenue decline can negatively affect profitability, signaling challenges for the company and making it less attractive for those seeking solid financial performance.

Financial Ratios:

currentRatio 0.000000
forwardPE 19.812422
debtToEquity 332.769000
earningsGrowth 0.356000
revenueGrowth 0.081000
grossMargins 0.383510
operatingMargins 0.185800
trailingEps 9.620000
forwardEps 7.750000

ASHOKLEY's Forward PE being in a good range suggests that its stock price is aligned well with earnings. The stock is not considered overpriced, offering room for future growth, which makes it an appealing investment opportunity with the potential for value appreciation.
Ashok Leyland Limited's elevated debt-to-equity ratio reflects substantial leverage, meaning the company relies heavily on borrowed funds. This could increase financial risk, particularly in times of economic uncertainty or if the company's profitability declines.
Ashok Leyland Limited's forward EPS being lower than its trailing EPS indicates that the company's earnings are projected to decrease. This suggests that Ashok Leyland Limited may struggle to maintain profitability at previous levels, potentially affecting its financial outlook.

Price projections:

Price projections for ASHOKLEY
Price projections for ASHOKLEY

Over time, analysts have gradually revised ASHOKLEY's price projections downward. This suggests growing concerns about the company's ability to meet previous expectations, pointing to a more conservative outlook.

Recommendation changes over time:

Recommendations trend for ASHOKLEY
Recommendations trend for ASHOKLEY


ASHOKLEY has received a favorable buy bias from analysts recently, positioning it as a solid investment opportunity. This sentiment may attract more investors, who view ASHOKLEY as a stable option to park their money and potentially benefit from the company's continued growth and profitability.