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Ashok Leyland Limited

Capital Goods · Agricultural, Commercial & Construction Vehicles

NSE: ASHOKLEY BSE: 500477
₹154.19
▲ 0.75 (0.49%)
Sept. 30, 2026 · NSE · nse_bhavcopy
Quality
54/100
Moderate
Valuation
31/100
Fairly Valued
Momentum
12/100
Bearish

QVM read Mixed signals Quality Moderate, Valuation Fairly Valued, Momentum Bearish

Tradinity's own scoring, not a copy of any third party's -- see the Key Metrics section for the real ratios behind each number.

About

Ashok Leyland Limited is an Indian multinational automotive manufacturer headquartered in Chennai and owned by the Hinduja Group. Founded in 1948 as Ashok Motors, it as renamed Ashok Leyland in 1955 following a collaboration with British Leyland. Today it is the second-largest manufacturer of commercial vehicles in India, the third-largest bus manufacturer, and the tenth-largest manufacturer of lorries.

Source: Wikipedia

Key Metrics

Market Capitalization
₹90,569 Cr
PE (TTM)
25.3
Industry median 30.4 (12 companies)
Price to Book
4.9
PEG (TTM)
-0.6
Institutions holding %
36.44%
FII + DII, latest filed period
Piotroski Score
6
Relative return vs Nifty50, qtr %
-0.1
Relative return vs Sector, qtr %
-1.4
Free Cash Flow
₹-7,840 Cr
as of March 31, 2026
Industry median ₹2 Cr (15 companies)
EPS Growth (YoY)
2.97%
as of June 30, 2026
Industry median 7.21% (12 companies)
Net Profit Growth (TTM)
6.21%
as of June 30, 2026
Industry median 6.76% (10 companies)
Operating Revenue Growth (TTM)
15.53%
as of June 30, 2026
Industry median 12.78% (11 companies)
Profit Growth (YoY)
2.59%
as of June 30, 2026
Industry median 5.16% (13 companies)
Revenue Growth (YoY)
10.43%
as of June 30, 2026
Industry median 17.44% (12 companies)
Current Ratio
1.32
as of March 31, 2026
Industry median 2.01 (15 companies)
Debt to Equity
3.45
as of March 31, 2026
Industry median 0.28 (14 companies)
Interest Coverage
29.61
as of June 30, 2026
Industry median 12.37 (14 companies)
Net Margin
6.32%
as of June 30, 2026
Industry median 7.38% (14 companies)
Operating Margin (EBIT)
9.05%
as of June 30, 2026
Industry median 9.12% (14 companies)
Operating Margin (TTM)
11.17%
as of June 30, 2026
Industry median 9.22% (14 companies)
Return on Assets
3.68%
as of March 31, 2026
Industry median 5.62% (13 companies)
Return on Capital Employed
14.44%
as of March 31, 2026
Industry median 12.53% (13 companies)
Return on Equity
20.06%
as of March 31, 2026
Industry median 9.57% (13 companies)

Investment checklist

Tradinity's own yes/no questions with the rule stated beside each. “Items without enough data are left out, never counted as a No, and the totals count only answered questions. A summary of numbers on this page, not advice.

Financials

3 of 8 met
  • Yes Net profit is higher than a year earlier in each of the last 4 quarters
  • Yes Revenue is higher than a year earlier in each of the last 4 quarters
  • No Quality score is Strong (70 or more)
  • No Piotroski F-score is 7 or more (score 6)
  • No Debt to equity is below 0.5 (3.45)
  • Yes Return on equity is 15% or more (20.1%)
  • No Net cash flow for the latest year is positive
  • No Cash from operations is higher than the year before

Ownership

2 of 3 met
  • Yes FII/FPI or DII holding rose in the latest quarter
  • Yes Promoter holding rose or was unchanged in the latest quarter
  • No Promoter pledge is 5% of their holding or less and not rising (40.1% pledged)

Peer comparison

1 of 3 met
  • Yes 1-year return beats the industry median
  • No Revenue growth beats the industry median
  • No Profit growth beats the industry median

Value and momentum

0 of 6 met
  • No Price sits in the Buy zone of its own historical PE range (Sell Zone)
  • No Valuation score is Undervalued (70 or more)
  • No Momentum score is Bullish (70 or more)
  • No Price is above the 5, 10 and 20 day averages
  • No Price is above the 50, 100 and 200 day averages
  • No Latest candle has a bullish shape (hammer, dragonfly doji, white marubozu)

Price

Download CSV

PE/EPS use each quarter's real filed EPS only from 45 days after quarter-end (no look-ahead) against the raw close of the day. Price-to-book isn't a mode here: the feed has no dated share count, so there's no real history to chart.

RSI (14) (same adjusted close series as the price chart above)

MACD (12, 26, 9) (same adjusted close series as the price chart above)

Relative Returns (vs NIFTY 50)

Prices adjusted for splits and bonuses. * = a corporate action affecting this date could not be parsed and is not reflected.

Price range

Day return
0.5%
Low 153.3500 · High 156.1900
1W return
-5.3%
Low 152.4800 · High 160.6000
1M return
-12.2%
Low 152.4800 · High 176.5000
52W return
9.2%
Low 134.2100 · High 215.4200
Lifetime High ₹307.9000 (Jan. 14, 2004)
Lifetime Low ₹11.8500 (Aug. 29, 2013)

Full price history and technicals →

EMA & SMA

Bullish0
Bearish6
5D
155.9
10D
158.1
20D
161.4
50D
164.1
100D
165.8
200D
171.6

Delivery and volume

Day avg. delivery
39.9%
Week avg. delivery
55.0%
Month avg. delivery
51.3%

Week = 5 sessions, Month = 22 sessions ending the latest trading day — the same combined NSE+BSE delivery data as the table below, just summed.

Resistance and support

154.58
Pivot
First resistance155.80
Second resistance157.42
Third resistance158.64
First support152.96
Second support151.74
Third support150.12
Day RSI35.6
Day MFI32.1
Day MACD-3.72
Day MACD signal-2.85

Beta

1M2.01
3M1.84
1Y1.91
3Y1.53

Price change analysis

↓ -12.2%
Over 1 Month
LowHigh
152.48176.50
↓ -5.0%
Over 3 Months
LowHigh
147.59182.70
↑ 3.4%
Over 6 Months
LowHigh
138.03182.70
↑ 9.2%
Over 1 Year
LowHigh
134.21215.42
Legend Positive indicator Neutral indicator Negative indicator

Buy/Sell Zone

View Buy/Sell Zone →
Current PE 25.3 (own history: 15.6–27.6)
Sell Zone
Revenue (June 30, 2026)
₹9,634 Cr
Net profit (June 30, 2026)
₹609 Cr
Basic EPS (June 30, 2026)
₹1.0400

Ranks #2 of 14 in Agricultural, Commercial & Construction Vehicles by market cap -- full peer table on the Financials page.

Shareholding pattern / Ownership

Shareholding summary

Jun 2026
  • Promoter51.51%
  • Mutual funds9.73%
  • FII/FPI20.68%
  • Other DII6.03%
  • Public12.05%

Largest holders

NameCategoryShares %Shares
HINDUJA AUTOMOTIVE LIMITEDPromoter34.9900%2038857356
JP MORGAN CHASE BANK, NAPromoter11.3000%658400280
HINDUJA BANK (SWITZERLAND) LTDPromoter4.9700%289808128
KOTAK MAHINDRA TRUSTEE CO LTD (Under Various sub accounts)Public1.6500%96267184
SBI MUTUAL FUND (Under various sub accounts)Public1.4300%83310824

As of June 30, 2026. Only holders the filing discloses individually.

Historical promoter holding

Promoters holdings were unchanged at 51.51% in Jun 2026 qtr

Historical fii holding

FII/FPI holdings decreased from 24.57% to 20.68% in Jun 2026 qtr

Historical mutual fund holding

Mutual funds holdings increased from 7.92% to 9.73% in Jun 2026 qtr

53 mutual fund schemes also hold this stock.

All shareholding details →

Latest insider trades

FiledPersonCategoryTypeQuantityValue
19 Jul 2021 HINDUJA AUTOMOTIVE LIMITED Promoter Pledge 0 ₹767.40 Cr
2 Jul 2021 HINDUJA AUTOMOTIVE LIMITED Promoter Pledge Revoke 0 ₹288.11 Cr
20 Apr 2021 HINDUJA AUTOMOTIVE LIMITED Promoter Pledge Revoke 0 ₹271.04 Cr
25 Mar 2021 Hinduja Automotive Limited Promoter Pledge 0 ₹1,176.49 Cr
25 Mar 2021 HINDUJA AUTOMOTIVE LIMITED Promoter Pledge 0 ₹1,176.49 Cr
17 Dec 2020 R Sivanesan Employee / designated person Sell 0 ₹0
11 Nov 2020 Anuj Kathuria Employee / designated person Sell 0 ₹0
10 Apr 2020 HINDUJA AUTOMOTIVE LIMITED Promoter Pledge 0 ₹96.44 Cr
27 Feb 2020 Gopal Mahadevan Director Sell 0 ₹0
5 Aug 2019 Gopal Mahadevan Director Sell 0 ₹0

All insider and SAST disclosures →

DateClientDealActionQuantityPriceExchange
14 Jul 2025 THE MTBJ LTD.AS TRST FOR GOVERNMENT PENSION INVESTMENT FUND MTBJ400045849 Block Buy 460,686 246.2500 NSE
14 Jul 2025 THE MTBJ LTD. AS TRST FOR GOVRNMNT PENSION INVSTMNT FUND MTBJ400045828 Block Sell 460,686 246.2500 NSE
31 Aug 2023 BNP PARIBAS ARBITRAGE Bulk Sell 60,345,844 183.8300 NSE
31 Aug 2023 BNP PARIBAS ARBITRAGE Bulk Buy 33,943 184.2300 NSE
14 Nov 2022 ISHARES CORE MSCI EMERGING MARKETS ETF Block Buy 2,369,069 147.7500 NSE
14 Nov 2022 ISHARES CORE EMERGING MARKETS MAURITIUS CO Block Sell 2,369,069 147.7500 NSE
3 Nov 2022 ISHARES CORE EMERGING MARKETS MAURITIUS CO Block Sell 2,369,069 149.3500 BSE
3 Nov 2022 ISHARES CORE MSCI EMERGING MARKETS ETF Block Buy 2,369,069 149.3500 BSE
25 Oct 2022 ISHARES INDIA SC MAURITIUS COMPANY Block Sell 882,515 144.5500 BSE
25 Oct 2022 ISHARES MSCI INDIA SMALL-CAP ETF Block Buy 882,515 144.5500 BSE

All bulk and block deals →

Last 12 months ₹3.50 per share
Dividend yield 2.27%
Ex-dateSubjectPer share (₹)Record date
3 Jun 2026 Interim Dividend - Rs 2.50 Per Share 2.5000 3 Jun 2026
18 Nov 2025 Interim Dividend - Re 1 Per Share 1.0000 18 Nov 2025
22 May 2025 Interim Dividend - Rs 4.25 Per Share 4.2500 22 May 2025
19 Nov 2024 Interim Dividend - Rs 2 Per Share 2.0000 19 Nov 2024
3 Apr 2024 Interim Dividend - Rs 4.95 Per Share 4.9500 3 Apr 2024
7 Jul 2023 Annual General Meeting/Dividend - Rs 2.60 Per Share 2.6000 —
14 Jul 2022 Annual General Meeting/Dividend - Rs 1 Per Share 1.0000 —
31 Aug 2021 Annual General Meeting/Dividend - Rs 0.60 Per Share 0.6000 —
19 Mar 2020 Interim Dividend -Rs 0.50 Per Share 0.5000 20 Mar 2020
23 Jul 2019 Annual General Meeting/ Dividend - Rs 3.10 Per Share 3.1000 —

Corporate Actions

Full history (28 events) →

Bonuses, splits, buybacks and other events. Dividends are listed separately above.

Ex-dateTypeSubject
16 Jul 2025BONUSBonus 1:1
2 Aug 2011BONUSBonus 1:1
28 Aug 2020OTHER Annual General Meeting
18 Jul 2014OTHERAnnual General Meeting
14 Jul 2009AGMAgm/Div-Re.1/- Per Share
16 Jul 2007AGMAgm

All corporate actions →

Quarterly results, AGMs, buybacks and other board-approved business.

DatePurposeResults
14 Aug 2026 Financial Results Yes
28 May 2026 Dividend —
28 May 2026 Financial Results/Dividend/Fund Raising Yes
11 Feb 2026 Financial Results Yes
12 Nov 2025 Dividend —

Corporate Announcements

All 1578 announcements, with search →

Exchange disclosures (NSE and BSE), most recent first.

DateCategoryAnnouncement
1 Oct 2026 Company Update Ashok Leyland Ltd - 500477 - Announcement under Regulation 30 (LODR)-Monthly Business Updates
1 Oct 2026 Monthly Business Updates Ashok Leyland Limited has informed the Exchange regarding Monthly Business Updates for the month of September 2026
24 Sep 2026 Trading Window Ashok Leyland Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
22 Sep 2026 Credit Rating Ashok Leyland Limited has informed the Exchange about Credit Rating
16 Sep 2026 Company Update Ashok Leyland Ltd - 500477 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
16 Sep 2026 Company Update Ashok Leyland Ltd - 500477 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
16 Sep 2026 Company Update Ashok Leyland Ltd - 500477 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
16 Sep 2026 Analysts/Institutional Investor Meet/Con. Call Updates Ashok Leyland Limited has informed the Exchange about Schedule of investors meet
16 Sep 2026 Analysts/Institutional Investor Meet/Con. Call Updates Ashok Leyland Limited has informed the Exchange about Schedule of investors meet
16 Sep 2026 Analysts/Institutional Investor Meet/Con. Call Updates Ashok Leyland Limited has informed the Exchange about Schedule of investors meet

All announcements →

SWOT

Tradinity's own rule-based read of the real ratios elsewhere on this page -- not a copy of any third party's, and never a forward-looking prediction.

Strengths

  • Comfortable interest coverage (29.6x)

Weaknesses

  • High financial leverage (Debt/Equity 3.45)

Opportunities

Data unavailable.

Threats

Data unavailable.

Single-stock futures and a real listed options chain available for this stock -- OI buildup, PCR, Max Pain and Greeks are all on the full F&O page.

Part of: NIFTY 200, NIFTY 200, NIFTY 500, NIFTY 500, NIFTY AUTO, NIFTY AUTO, NIFTY MIDCAP 100, NIFTY MIDCAP 100, NIFTY MIDCAP 150, NIFTY MIDCAP 150, NIFTY MIDCAP 50, NIFTY MIDCAP 50, NIFTY MNC, NIFTY MNC

Frequently asked questions about Ashok Leyland Limited

Where is the share price?

The price at the top of this page is the last traded price from exchange data; during market hours it refreshes on its own. The Chart & Technicals section has the full price history.

Where are the financial results?

The Financials page has quarterly and annual results, ratios, cash flow and the balance sheet, on a standalone or consolidated basis.

Who owns the company?

The Ownership section shows the latest shareholding pattern from exchange filings, with promoter, FII, DII and public holdings by quarter.

Does Tradinity give buy or sell advice?

No. The scores and checklist on this page are rule-based summaries of published figures, not recommendations. Tradinity is not a registered investment adviser.