Overall Fundamental outlook

Business Operations:

Sector: Industrials
Industry: Farm & Heavy Construction Machinery

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

Revenue projections:

Revenue projections for ASHOKLEY
Revenue projections for ASHOKLEY

The projected decline in ASHOKLEY's revenues compared to last year is expected to make investors cautious. A drop in revenue often has a direct negative effect on the company's bottom line, signaling potential challenges that could undermine investor confidence and reduce overall profitability.

Financial Ratios:

currentRatio 1.289000
forwardPE 17.923334
debtToEquity 315.321000
earningsGrowth 0.322000
revenueGrowth 0.082000
grossMargins 0.388490
operatingMargins 0.192570
trailingEps 10.570000
forwardEps 7.750000

Ashok Leyland Limited's current ratio is 1.289, showing the company's capacity to service its short-term debt through its cash reserves and current assets. This is a positive indicator of liquidity, suggesting Ashok Leyland Limited has no trouble covering its short-term financial obligations.
ASHOKLEY's Forward PE is within a good range, showing that the stock price compares well to its earnings. This suggests it isn't overpriced and leaves room for growth, making the stock appealing to investors looking for value and growth opportunities.
ASHOKLEY's elevated debt-to-equity ratio reflects a high level of debt relative to equity, signaling that the company is heavily leveraged. This reliance on debt could increase financial risk in periods of economic uncertainty.
Ashok Leyland Limited's forward EPS being lower than its trailing EPS indicates that the company's earnings are projected to decrease. This suggests that Ashok Leyland Limited may struggle to maintain profitability at previous levels, potentially affecting its financial outlook.

Price projections:

Price projections for ASHOKLEY
Price projections for ASHOKLEY

Over time, price projections for ASHOKLEY have gradually risen, signaling growing optimism about the company's future. This upward revision reflects increasing confidence in ASHOKLEY's ability to achieve strong financial results.

Recommendation changes over time:

Recommendations trend for ASHOKLEY
Recommendations trend for ASHOKLEY


Analysts have shown a buy bias for ASHOKLEY, marking it as a favorable investment option. This could inspire investors to see ASHOKLEY as a strong place to park their money, given the positive outlook and growth potential associated with the stock in recent evaluations.