Company research / Focus view

Ashok Leyland

ASHOKLEY · Automobile · mid cap · Midcap 50

Revenue · FY26

₹56,076 cr

+16.0% YoY

What the business sold

Net profit · FY26

₹3,471 cr

+11.7% YoY

What it kept after tax

Operating profit · FY26

₹11,001 cr

+25.4% YoY

Profit from operations

Operating cash flow · FY26

₹-4,895 cr

-3910.0% YoY

Cash the operations produced

Total debt · FY26

₹63,936 cr

+28.0% YoY

Borrowings against the business

Dividend per share · FY26

—

Paid out per share · not collected yet

Five years in perspective

Price index · Start = 100 · Dividends excluded · ₹163.75 today (-1.43%)

+161.4% · 5Y

2021 · 10020222023202420252026 · 230.0

1M -6.3%6M -11.3%1Y +22.6%3Y +77.2%5Y +161.4%

Market cap

₹96,184 Cr

As of 13 Sept 2026

Price to earnings

27.6

Price to book 6.8

Dividend yield

2.11%

Trailing twelve months

52-week range

₹133 – ₹215

Closing prices

The financial record

₹ crore · Consolidated where reported · Indian fiscal years (April–March)

Reported metric	FY23	FY24	FY25	FY26
Revenue	41,488	45,517	48,342	56,076
Operating profit	4,839	7,501	8,773	11,001
Net profit	1,239	2,484	3,107	3,471
Operating cash flow	-4,499	-6,258	128	-4,895
Free cash flow	-5,428	-7,392	-1,520	-7,840
Capital expenditure	-929	-1,134	-1,648	-2,945
Tax expense	906	1,410	1,214	1,434
Total debt	31,161	40,802	49,962	63,936
Cash and equivalents	1,909	5,217	6,545	6,281
Shareholders equity	8,552	9,005	12,232	14,242
Earnings per share (₹)	2.10	4.22	5.28	5.91

Not collected yet for this company: Dividend per share. These come from the filings, not the daily price feed.

Recent quarters

₹ crore · Most recent first

Quarter ended	Revenue	Operating profit	Net profit	EPS (₹)
30 Jun 2026	13,020	2,567	616	1.05
31 Mar 2026	17,139	3,201	1,291	2.20
31 Dec 2025	14,762	2,903	813	1.38
30 Sept 2025	12,518	2,518	756	1.29
30 Jun 2025	11,657	2,219	611	1.04

Developments

0 positive · 0 negative

NeutralExpansion2 days ago

Ashok Leyland Expands LCV Distribution Network With Raichur Dealership

Ashok Leylandmid cap

SMEStreet12 Sept 2026, 2:39 pm IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

NeutralExpansion2 days ago

Ashok Leyland Expands LCV Network in Karnataka With New Dealership

Ashok Leylandmid cap

ACKO Drive12 Sept 2026, 1:17 pm IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

Neutral2 days ago

Ashok Leyland, Switch Mobility become first OEMs to join Centre’s vehicle replacement scheme for Delhi-NCR

Ashok Leylandmid cap

DD News12 Sept 2026, 12:08 am IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

NeutralExpansion3 days ago

Ashok Leyland expands Karnataka footprint with new dealership in Raichur

Ashok Leylandmid cap

BusinessLine11 Sept 2026, 3:29 pm IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

NeutralExpansion3 days ago

Ashok Leyland expands in Karnataka with 12th LCV dealership

Ashok Leylandmid cap

auto.economictimes.indiatimes.com11 Sept 2026, 2:18 pm IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

Neutral3 days ago

Ashok Leyland Opens New LCV Dealership In Raichur

Ashok Leylandmid cap

Motoring Trends11 Sept 2026, 12:28 pm IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

Neutral3 days ago

Ashok Leyland Opens 12th LCV Dealership In Karnataka At Raichur

Ashok Leylandmid cap

Autocar Professional11 Sept 2026, 11:37 am IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

Neutral3 days ago

Auto sector stocks fall today, September 11: Escorts Kubota down 2.41%, Ashok Leyland down 2.19% , Force Motors falls 1.83%

Ashok Leylandmid cap

Business Upturn11 Sept 2026, 11:36 am IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

Neutral3 days ago

Auto sector stocks fall today, September 11: Escorts Kubota down 2.41%, Ashok Leyland down 2.19% , Force Motors falls 1.83%

Ashok Leylandmid cap

Business Upturn11 Sept 2026, 11:36 am IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

Neutral3 days ago

STOCK OF THE DAY Sell Ashok Leyland Futures: SL 168 Tgt 164, 162, 160 - Rate sensitive stocks looking weak in current scenario Sell Hind Zinc Futures: SL 612 Tgt 590, 585, 580 - Metals, Silver and Zinc prices fell sharply in global markets Sell L&T Fin Fut

Ashok Leylandmid cap Larsen & ToubroMentioned

facebook.com11 Sept 2026, 9:08 am IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

NeutralRevenue4 days ago

CV Retail Sales Aug 2026 - Tata, Mahindra, Ashok Leyland, VECV, Maruti, Force, Daimler

Ashok Leylandmid cap Maruti Suzuki IndiaMentioned

RushLane10 Sept 2026, 2:56 pm IST

Classification & context · Moves the numbers

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

Names an event that should show up in revenue, profit, debt, capacity or approvals.

Classifier confidence: 0.35. This is not the probability that the report is true.

NeutralRevenue4 days ago

CV Retail Sales Aug 2026 - Tata, Mahindra, Ashok Leyland, VECV, Maruti, Force, Daimler

Ashok Leylandmid cap Maruti Suzuki IndiaMentioned

RushLane10 Sept 2026, 2:18 pm IST

Classification & context · Moves the numbers

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

Names an event that should show up in revenue, profit, debt, capacity or approvals.

Classifier confidence: 0.35. This is not the probability that the report is true.

NeutralCash flow5 days ago

Ashok Leyland plans upto Rs 5,000 crore capex over 3 years, targets EV, ADAS and alternate propulsion: CFO K..

Ashok Leylandmid cap

cfo.economictimes.indiatimes.com9 Sept 2026, 7:00 am IST

Classification & context · Moves the numbers

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

Names an event that should show up in revenue, profit, debt, capacity or approvals.

Classifier confidence: 0.35. This is not the probability that the report is true.

NeutralEarnings6 days ago

Ashok Leyland shares demonstrate renewed strength, becomes 'Monthly Choice' stock; check target price, stop-loss

Ashok Leylandmid cap

Livemint8 Sept 2026, 3:48 pm IST

Classification & context · Moves the numbers

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

Names an event that should show up in revenue, profit, debt, capacity or approvals.

Classifier confidence: 0.35. This is not the probability that the report is true.

Neutral6 days ago

After Battery Packs, Ashok Leyland Evaluates Cell Localisation

Ashok Leylandmid cap

Business Today8 Sept 2026, 3:01 pm IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

Neutral7 days ago

Ashok Leyland Plans Meeting With Analysts And Investors On September 11 At 11 AM

Ashok Leylandmid cap

Sahi7 Sept 2026, 6:03 pm IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

Neutral7 days ago

Ashok Leyland hosts investor meet at UBS India Summit 2026

Ashok Leylandmid cap GAIL (India)Mentioned

scanx.trade7 Sept 2026, 5:20 pm IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

NeutralManagement7 days ago

Ashok Leyland To Enter Newer Segments In Defence: MD & CEO Shenu Agarwal

Ashok Leylandmid cap

Business Today7 Sept 2026, 5:03 pm IST

Classification & context · Moves the numbers

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

Names an event that should show up in revenue, profit, debt, capacity or approvals.

Classifier confidence: 0.35. This is not the probability that the report is true.

Neutral7 days ago

Ashok Leyland, Tata Motors CV: BofA Spots A Truck Upcycle The Market May Be Missing

Ashok Leylandmid cap

NDTV Profit7 Sept 2026, 7:44 am IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

About the business

Ashok Leyland Limited, together with its subsidiaries, manufactures and sells commercial vehicles in India. It operates in Commercial Vehicle and Financial Service segments. The company offers ICV trucks, haulage vehicles, tractors, and tippers; buses; light commercial vehicle goods carriers and passenger vehicles, and small commercial vehicle goods carriers; defense vehicles, such as armored, high mobility, specialist, and logistics vehicles; transit mixers for use in construction and mining operations; and tanker trucks, reefers, ambulances, and other custom-built vehicles. It also provides power solutions, such as diesel gensets, agriculture and industrial non-emission and emission engines, and marine genset and propulsion engines; spare parts; forgings and castings; manpower supply, air chartering, and IT services; and vehicle and housing financing services. In addition, the company trades in commercial vehicles; and operates retail parts stores. Further, it provides at-site and e-commerce service support; AL Revive Program, which restores accident vehicles; technical and driving training; AL Care, a one-stop solution designed to take care of service needs; iAlert, a telematics solution for vehicle and fuel platforms; uptime solution centers; AL Live, which provides live location tracking of mobile service vans; Re-AL, a vehicle buying, selling, and exchange platform; and LeyKart app. The company serves various customer categories, including commercial fleet operators, retail customers, government, industrial customers, defense and military customers, and special application vehicle customers through its distributors. It also exports its products to the Middle East, Africa, South Asia, Latin America, and the Commonwealth of Independent States countries. Ashok Leyland Limited was incorporated in 1948 and is headquartered in Chennai, India. Ashok Leyland Limited operates as a subsidiary of Hinduja Automotive Limited.

Industry: Farm & Heavy Construction Machinery

www.ashokleyland.com

Data confidence

Prices, fundamentals and developments last verified 13 Sept 2026. Fundamentals are sourced from public filings feeds; interpretation is shown separately from figures.

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