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

Ashok Leyland Limited's projected revenue decline from last year is likely to make investors cautious. Lower revenues often hurt a company's bottom line, leading investors to be concerned about the company's ability to maintain profitability and deliver strong financial results in the future.

Financial Ratios:

currentRatio 1.290000
forwardPE 18.216688
debtToEquity 315.502000
earningsGrowth 0.322000
revenueGrowth 0.089000
grossMargins 0.388490
operatingMargins 0.192570
trailingEps 5.280000
forwardEps 7.750000

ASHOKLEY's current ratio is 1.29, showing the company's capacity to service its short-term debt through its cash reserves and current assets. This is a positive indicator of liquidity, suggesting ASHOKLEY has no trouble covering its short-term financial obligations.
ASHOKLEY's Forward PE ratio is favorable, indicating that the stock price is well-positioned in relation to its earnings. It is not overpriced, leaving room for growth, which makes it a solid option for investors seeking both stability and future appreciation.
ASHOKLEY's high debt-to-equity ratio points to a heavily leveraged company. With more debt than equity, ASHOKLEY may face increased financial risk, especially if its earnings or cash flow come under pressure.
ASHOKLEY's forward EPS surpasses its trailing EPS, reflecting expectations of higher profitability in the current year. This suggests that ASHOKLEY is projected to generate stronger earnings, indicating an optimistic financial outlook compared to the prior year's results.

Price projections:

Price projections for ASHOKLEY
Price projections for ASHOKLEY

The price of Ashok Leyland Limited has remained consistently close to the lower limit of projections. This ongoing pattern raises concerns about the stock's performance and may reflect market hesitance regarding the company's growth prospects.

Recommendation changes over time:

Recommendations trend for ASHOKLEY
Recommendations trend for ASHOKLEY


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