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

With Ashok Leyland Limited's revenues expected to fall below the previous year's, investors are likely to approach the stock with caution. Declining revenues can negatively affect profitability, which makes it harder for the company to maintain investor confidence and perform well in the market.

Financial Ratios:

currentRatio 1.28900
forwardPE 17.74768
debtToEquity 315.32100
earningsGrowth 0.32200
revenueGrowth 0.08200
grossMargins 0.38849
operatingMargins 0.19257
trailingEps 10.55000
forwardEps 7.75000

ASHOKLEY's current ratio being 1.289 suggests the company will have no issues paying off its short-term debt. With sufficient cash reserves and current assets, ASHOKLEY can easily cover its immediate liabilities, reflecting solid financial health.
ASHOKLEY's Forward PE being in a good range indicates that the stock is valued appropriately based on its earnings. This suggests the stock is not overpriced and leaves room for growth, providing investors with an opportunity for potential appreciation in value.
Ashok Leyland Limited's high debt-to-equity ratio signals that the company is heavily leveraged. This suggests Ashok Leyland Limited may be relying more on debt than equity to finance its operations, which could expose the company to greater financial risk in challenging economic conditions.
Ashok Leyland Limited's forward EPS is lower than its trailing EPS, indicating that the company is expected to be less profitable this year. This suggests a potential slowdown in financial performance.

Price projections:

Price projections for ASHOKLEY
Price projections for ASHOKLEY

Over time, Ashok Leyland Limited's price projections have been revised higher, signaling growing confidence in the company's future. This upward trend suggests analysts anticipate strong performance and increased market value for Ashok Leyland Limited.

Recommendation changes over time:

Recommendations trend for ASHOKLEY
Recommendations trend for ASHOKLEY


A recent buy bias from analysts toward ASHOKLEY may inspire confidence in investors, who could view the stock as a promising investment. This positive sentiment suggests that ASHOKLEY might be an appealing option for those looking to grow their wealth through stock market investments.