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

The projected decline in Ashok Leyland Limited's revenues compared to last year is expected to make investors cautious. A drop in revenue often has a direct negative effect on the company's bottom line, signaling potential challenges that could undermine investor confidence and reduce overall profitability.

Financial Ratios:

currentRatio 0.00000
forwardPE 19.52551
debtToEquity 315.50200
earningsGrowth 0.20200
revenueGrowth 0.09200
grossMargins 0.39693
operatingMargins 0.18954
trailingEps 5.36000
forwardEps 7.75000

ASHOKLEY's Forward PE ratio suggests the stock price is reasonable in relation to earnings. It's not overpriced, providing room for future growth, making the stock a potentially valuable investment for those seeking long-term gains.
ASHOKLEY's high debt-to-equity ratio points to a heavily leveraged company, with more debt than equity in its capital structure. While this can boost growth, it increases financial vulnerability in times of economic difficulty.
ASHOKLEY's forward EPS surpassing its trailing EPS signals projected growth in profitability, with the company expected to perform better this year. This forecast suggests that ASHOKLEY's earnings will improve compared to the previous financial year, highlighting optimism in its financial outlook.

Price projections:

Price projections for ASHOKLEY
Price projections for ASHOKLEY

ASHOKLEY's price has consistently been situated near the lower end of expected values. This ongoing trend may reflect investor skepticism about the company's growth potential and overall performance.

Recommendation changes over time:

Recommendations trend for ASHOKLEY
Recommendations trend for ASHOKLEY


Recent analysis shows a strong buy bias for ASHOKLEY, encouraging investors to view it as a solid investment option. The positive sentiment surrounding ASHOKLEY suggests it could be an attractive place to allocate funds, motivating potential investors to consider the stock as a valuable part of their portfolio.