Ashok Leyland Limited
ASHOKLEY · Auto OEM · NSE
₹152
Current Market Price
Fair Value (DCF)
₹165
Discount to FV
+8.5%
Updated just now
YieldIQ Score
53/100
Piotroski F-Score
3/9
Economic Moat
Narrow
Confidence
12%
ROE
24.4%
Debt/Equity
4.49
WACC
11.0%
Market Cap
₹89,547 Cr
Quality & Valuation
Neutral model outputs — no recommendations.
ROCE
14.1%
Return on capital employed
EV / EBITDA
13.5×
Enterprise multiple
Debt / EBITDA
5.8×
Leverage vs earnings
Interest Coverage
2.1×
EBIT covers interest
Current Ratio
1.32×
Short-term liquidity
Asset Turnover
0.56×
Revenue per ₹ of assets
Revenue CAGR (3Y)
10.6%
3-year revenue growth
Revenue CAGR (5Y)
23.6%
5-year revenue growth
DCF Scenario Analysis
vs CMP ₹152.45
Bear case
Margin of Safety -76.4%
Implied upside -43.3%
Base case
Margin of Safety +7.3%
Implied upside +7.9%
Bull case
Margin of Safety +20.8%
Implied upside +26.3%
Ratio Trends
ASHOKLEY · last 8 annual periods
ROE
24.4%
ROCE
14.1%
Operating Margin
—
Debt / Equity
4.49×
PE
26.1×
EV / EBITDA
13.5×
Historical Financials
ASHOKLEY · Annual, last 5 years· amounts in ₹Cr unless noted
| Metric | 2022 NSE_XBRL | 2023 NSE_XBRL | 2024 NSE_XBRL | 2025 yfinance | 2026 yfinance | CAGR |
|---|---|---|---|---|---|---|
| Revenue | ₹26.1K Cr | ₹41.5K Cr | ₹45.5K Cr | ₹48.3K Cr | ₹56.1K Cr | +21.1% |
| EBITDA | ₹2535 Cr | ₹5259 Cr | ₹8016 Cr | ₹9613 Cr | ₹11.0K Cr | +44.3% |
| EBIT | ₹1662 Cr | ₹4351 Cr | ₹7072 Cr | — | — | +43.6% |
| PAT | ₹-359 Cr | ₹1239 Cr | ₹2484 Cr | ₹3107 Cr | ₹3471 Cr | — |
| EPS (diluted) | ₹-1.22 | ₹4.22 | ₹8.45 | — | — | — |
| CFO | ₹2845 Cr | ₹-4499 Cr | ₹-6258 Cr | ₹128 Cr | ₹-4895 Cr | — |
| CapEx | ₹-509 Cr | ₹-929 Cr | ₹-1134 Cr | ₹-1648 Cr | ₹-2945 Cr | — |
| FCF | ₹2336 Cr | ₹-5428 Cr | ₹-7392 Cr | ₹-1520 Cr | ₹-7840 Cr | — |
| Total Assets | ₹43.6K Cr | ₹54.7K Cr | ₹67.6K Cr | ₹81.7K Cr | ₹101.0K Cr | +23.4% |
| Total Debt | ₹24.1K Cr | ₹31.2K Cr | ₹40.8K Cr | ₹50.0K Cr | ₹63.9K Cr | +27.6% |
| Shareholders' Equity | ₹7304 Cr | ₹8552 Cr | ₹9005 Cr | ₹12.2K Cr | ₹14.2K Cr | +18.2% |
CAGR computed across the visible window. Signs reverse if start value is zero or negative.
Peer Comparison
ASHOKLEY vs 5 closest peers by market-cap band
| Peer | MoS | Score | Verdict | ROE | PE |
|---|---|---|---|---|---|
 BHARATFORG Bharat Forge Limited | -754.7%-88.3% upside | 35 | Data Limited | 11.3% | 74.2× |
 HEROMOTOCO HEROMOTOCO | — | — | Pending | 26.6% | 17.6× |
 BOSCHLTD Bosch Limited | -135.8%-57.6% upside | 40 | Above Fair Value | 18.7% | 30.6× |
 UNOMINDA UNO Minda Limited | -358.7%-78.2% upside | 20 | Data Limited | 17.5% | — |
 TIINDIA Tube Investments of India Limited | -1134.6%-91.9% upside | 15 | Data Limited | 8.2% | — |
Click a ticker to view its fair-value analysis.
Dividend History
13 ex-dividend events on file. Source: NSE corporate-actions feed.
Total paid (5Y)
₹11.20/sh
Last payout
2026-06-03
₹2.50
Peak payout
₹2.50
Trailing yield
2.30%
Amounts parsed from NSE subject lines. Percent-of-face-value declarations are converted using the per-ticker face value (defaults to ₹10).
AI Analysis Summary
Model-generated description of metrics. Not investment advice. Ashok Leyland Limited (ASHOKLEY.NS) trades at 152.45 vs a model fair value of 165.46, a gap of 8.5%. Piotroski F-score: 3/9. Moat label: ...
Read full AI analysis →Reverse DCF
Market-implied growth
What FCF growth is priced in →
Risk Analysis
Volatility & drawdown
Risk profile of ASHOKLEY →
DuPont
ROE decomposition
Why ROE is what it is →
Technicals
RSI, MACD, MAs
Reference indicators →
News & Filings
Recent activity
BSE filings + news for ASHOKLEY →
Compare
Head-to-head with peers
Compare ASHOKLEY side by side →
Run Full Interactive Analysis
Interactive DCF sliders, sensitivity heatmap, peer comparison, and more.
Analyse ASHOKLEYNow →Model estimates using publicly available data. Not investment advice. YieldIQ is not registered with SEBI as an investment adviser or research analyst. Past performance does not guarantee future results.