Ashok Leyland Limited

ASHOKLEY
NSE· Capital Goods
157.50
+2.44 (+1.57%)
52W Low · ₹114.9652W High · ₹215.42
Mid Range
Market Cap
₹88736.32L Cr
Volume
1.43Cr
Prev Close
₹151.07
ISIN
INE208A01029

Orion Score

Fundamentals-based quality & risk · not a recommendation

40/100
Caution

Raw blend 55 capped to 40 by a red flag.

Why this is capped

Raw blend 55 → capped to 40

  • Profit not converting to cash (CFO -1.2x PAT) — cash-trap risk
  • Very high leverage (Debt/Equity 4.5)
  • Very weak fundamentals (Piotroski F 1/9)
Quality
56
Growth
88
Safety
20
Value

Ashok Leyland Limited scores 40/100 (Caution) on the Orion Score — moderate business quality (56), strong growth (88) and poor balance-sheet safety (20). A fundamentals-based quality & risk score, not a buy/sell recommendation.

Full Orion analysis

Risk checks

  • Profit not converting to cash (CFO -1.2x PAT) — cash-trap risk
  • Very high leverage (Debt/Equity 4.5)
  • Very weak fundamentals (Piotroski F 1/9)

Forensic accounting

Piotroski F 1/9Altman Z Grey(2.22)Beneish M Elevated(-2.13)

Piotroski F = fundamental health (0–9, higher is better) · Altman Z = bankruptcy / distress risk · Beneish M = earnings-manipulation check

Technical / Momentum

Price Trend

62/100

Neutral

Technical momentum companion — separate from the fundamentals-based Orion Score.

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VestAI Stock Score

VALUATION
High Debt
D/E 3.45x — elevated leverage
QUALITY
Average
ROCE 16.2% — decent returns
MOMENTUM
Neutral
RSI 47.5 — consolidating

Price Chart

SMA 20
SMA 50
SMA 200

Key Fundamentals

Q4 FY2026

P/E Ratio
25.56
ROCE
16.20%
ROE (1Y)
21.64%
D/E Ratio
3.45x
OPM
18.68%
TTM EPS
₹5.91
Dividend Yield
232.00%
Qtrly Sales
₹17,138.90 Cr
Qtrly Profit
₹1,290.70 Cr

Technical Signals

Quarterly Results

Revenue & Profit in ₹ Crores

Revenue Net Profit
QuarterRevenueNet ProfitOPMEPS
Q4 2026₹17,138.9₹1,290.718.7%₹2.20
Q3 2026₹14,761.95₹813.4919.7%₹1.38
Q2 2026₹12,518.45₹755.7720.1%₹1.29
Q1 2026₹11,656.73₹611.0719.0%₹0.52
Q4 2025₹14,636.95₹1,130.0919.3%₹1.92

Annual P&L

Revenue & Profit in ₹ Crores (Yearly)

Revenue Net Profit
YearRevenueNet ProfitEBITDAOPM
FY 2025₹48,341.76₹3,106.8₹9,613.1918.1%
FY 2024₹45,517.26₹2,483.52₹8,015.6116.5%
FY 2023₹41,488.3₹1,238.71₹5,258.6511.7%
FY 2022₹26,110.26₹-358.61₹2,535.4210.1%

Peer Comparison — Capital Goods

Top companies in the same sector by market cap

CompanyMkt CapP/EROCEROED/EOPM
ASHOKLEY₹88,736 Cr25.5616.20%21.64%3.45x18.68%
BEL₹2,96,046 Cr48.8029.65%27.56%0.00x27.47%
BHEL₹1,45,306 Cr58.453.65%6.29%0.31x5.48%
APARINDS₹55,798 Cr57.1728.67%19.74%0.18x10.84%
COCHINSHIP₹36,631 Cr51.2910.41%12.52%0.28x18.71%
BEML₹14,269 Cr101.015.20%4.86%0.11x13.88%

Balance Sheet

All values in ₹ Crores

MetricFY 2025FY 2024FY 2023FY 2022
Total Assets₹81,714.53₹67,595.6₹54,746.01₹43,600.78
Equity₹12,232.09₹9,004.62₹8,551.76₹7,303.89
Total Debt₹49,962.11₹40,802.18₹31,160.93₹24,145.02
Cash₹6,544.77₹5,217.32₹1,908.58₹2,030.96
Net Debt₹43,156.33₹35,347.02₹29,011.86₹21,908.39
Working Capital₹7,688.67₹2,446.77₹1,788.49₹-41.23

Shareholding Pattern

Q1 FY2027

Promoter
40.13%
FII
15.37%
DII
12.58%
Public
31.92%

Quarter-over-Quarter Trend

QuarterPromoterFIIDIIPublic
Q1 FY202740.13%15.37% ↑12.58% ↑31.92% ↓
Q4 FY202640.13% ↓15.1% ↓12.36% ↓32.41% ↑
Q3 FY202651.51%24.41% ↑13.73% ↑10.3% ↓
Q2 FY202651.51% ↓24.32% ↑13.59% ↓10.51% ↓
Q1 FY202651.52%23.85% ↑13.88% ↓10.67% ↓
Q4 FY202551.52%23.5% ↓14.06% ↑10.84% ↓
Q3 FY202551.52%24.09% ↓13.04% ↑11.28% ↓
Q2 FY202551.52%24.39%12.34%11.66%

Corporate Actions

Ex-DateActionDetails
2026-06-03
DIVIDEND
Interim Dividend - Rs 2.50 Per Share

Funds Holding This Stock

184 mutual fund schemes

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About Ashok Leyland Limited (ASHOKLEY) Stock

Ashok Leyland Limited is listed on the NSE under the Capital Goods sector, Commercial Vehicles industry. ISIN: INE208A01029. Track live share price, technical analysis, RSI, MACD, PE ratio, and smart money holdings on VestAI — India's AI-powered stock analysis platform.