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

ASHOKLEY's revenue projections show a decrease from last year, which tends to make investors more cautious. This could have a negative impact on the company's bottom line, as lower revenues typically suggest reduced profitability and growth potential, prompting concern among investors.

Financial Ratios:

currentRatio 0.000000
forwardPE 19.410255
debtToEquity 315.502000
earningsGrowth 0.202000
revenueGrowth 0.092000
grossMargins 0.396930
operatingMargins 0.189540
trailingEps 5.370000
forwardEps 7.750000

Ashok Leyland Limited's Forward PE being in a reasonable range suggests the stock is fairly priced based on its earnings. The stock isn't overpriced, leaving room for growth, making it an attractive investment for those seeking opportunities for future value appreciation.
Ashok Leyland Limited's elevated debt-to-equity ratio highlights its heavy reliance on debt. This high leverage increases the company's exposure to financial risk, making it more vulnerable to market fluctuations and economic downturns.
ASHOKLEY's forward EPS exceeds its trailing EPS, indicating that the company is projected to be more profitable in the current financial year compared to the previous one. This suggests positive growth and improved earnings, signaling an optimistic outlook for ASHOKLEY's financial performance.

Price projections:

Price projections for ASHOKLEY
Price projections for ASHOKLEY

ASHOKLEY's price has frequently been situated near the lower end of analysts' projections. This trend indicates that the stock is struggling to meet expectations, which could signal a need for improvements in performance or investor confidence.

Recommendation changes over time:

Recommendations trend for ASHOKLEY
Recommendations trend for ASHOKLEY


The recent buy bias from analysts suggests ASHOKLEY is seen as a strong investment, encouraging more investors to consider it. With this favorable sentiment, ASHOKLEY appears to be a reliable option for parking money, offering stability and long-term growth potential in the stock market.