Is Ashok Leyland (ASHOKLEY) overvalued or fairly valued?

MarketChacha shows Ashok Leyland's valuation in context — a forward P/E of about 19.1, a price-to-book of about 5.9 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is Ashok Leyland's revenue?

Ashok Leyland reported revenue of ₹44,007 Cr for FY2026, with net profit of ₹3,566 Cr, per official filings.

What is the share price of Ashok Leyland (ASHOKLEY)?

Ashok Leyland last traded at ₹153.63 (-0.8% on the day), as of 7/21/2026 — a delayed quote shown for education, not investment advice.

Ashok Leyland

ASHOKLEY · NSE · Auto/Commercial Vehicles · India

₹153.63-0.8%

Delayed · as reported by Yahoo Finance · as of Jul 21, 2026, 5:35 AM

Snapshot

TickerASHOKLEY

ExchangeNSE

SectorAuto/Commercial Vehicles

IndustryFarm & Heavy Construction Machinery

CountryIndia

HeadquartersChennai, India

Market cap₹90,927 Cr

P/B5.9

Volume45.78L

Websitewww.ashokleyland.com

Filings tracked0

About Ashok Leyland

Ashok Leyland Limited, together with its subsidiaries, engages in the manufacture and sale of commercial vehicles in India and internationally. It 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. The company 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, it trades in commercial vehicles; and offers manpower supply, air chartering, and IT services, as well as manufactures forgings and castings. Further, the company operates retail stores; and LeyKart, an e-commerce store for spare parts. The company was incorporated in 1948 and is headquartered in Chennai, India.

Profile as reported by Yahoo Finance.

Who owns it

Promoters40.1%
Institutions27.2%
Public & other32.7%

203 institutional holders

As reported by Yahoo Finance. Promoter pledge is not included here — that comes from exchange shareholding filings.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Net margin trend3.8% → 8.1%

Margin has expanded by about 4.3 points — the business is getting more profitable.

Growth qualityrev 7% · PAT 37%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (Yahoo Finance). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev ₹10,510 Cr · EPS 1.44

Est. earnings growth +5.5%

Next fiscal year

Rev ₹51,911 Cr · EPS 8.10

Est. earnings growth +17.6%

Analyst consensus estimates — not the company's own guidance. As reported by Yahoo Finance.

₹114.9652-wk range₹215.42

Delayed · as reported by Yahoo Finance

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Financials at a glance

Source: Yahoo Finance

Annual

Quarterly · last 4

Market cap

₹90,927 Cr

Day change

-0.8%

Fwd P/E

19.1

P/B

5.9

Div yield

2.25%

Beta

0.40

Revenue (FY2026)

₹44,007 Cr

Net margin

8.1%

Revenue CAGR (3y)

+6.8%

Profit CAGR (3y)

+37.2%

Net profit (FY2026)

₹3,566 Cr

Market figures: Delayed · as reported by Yahoo Finance. Financials as reported in company filings.

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Financials

Yearly

Period	Revenue	Net profit	Net margin
FY2026	₹44,007 Cr	₹3,566 Cr	8.1%
FY2025	₹38,753 Cr	₹3,303 Cr	8.5%
FY2024	₹38,367 Cr	₹2,618 Cr	6.8%
FY2023	₹36,144 Cr	₹1,380 Cr	3.8%

Quarterly

Period	Revenue	Net profit	Net margin
2026Q1	₹14,160 Cr	₹1,405 Cr	9.9%
2025Q4	₹11,534 Cr	₹796 Cr	6.9%
2025Q3	₹9,588 Cr	₹771 Cr	8.0%
2025Q2	₹8,725 Cr	₹594 Cr	6.8%

Figures as reported, in ₹ (crore). Source: Yahoo Finance.

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed · as reported by yahoo finance) are delayed and shown for reference only. Verify with the linked sources before acting.