Shares of Ashok Leyland gained 2.75% to trade at Rs 118.59 in Monday's session. At 10:13 am, the stock showcased positive movement and was trading on the higher side.
Financial Snapshot
Here's a look at the key financial data for Ashok Leyland:
Consolidated Quarterly Results
Heading
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Revenue
Rs 13,577.58 Crore
Rs 10,724.49 Crore
Rs 11,147.58 Crore
Rs 11,995.21 Crore
Rs 14,695.55 Crore
Net Profit
Rs 927.90 Crore
Rs 549.53 Crore
Rs 755.21 Crore
Rs 812.09 Crore
Rs 1,234.38 Crore
EPS
2.91
1.73
2.40
2.59
3.85
The revenue for the quarter ending March 2025 stood at Rs 14,695.55 Crore, an increase compared to Rs 13,577.58 Crore in March 2024. The net profit for the quarter ending March 2025 was Rs 1,234.38 Crore, higher than the Rs 927.90 Crore reported in March 2024. The EPS also increased from 2.91 in March 2024 to 3.85 in March 2025.
Consolidated Yearly Results
Heading
2021
2022
2023
2024
2025
Revenue
Rs 19,454.10 Crore
Rs 26,237.15 Crore
Rs 41,672.60 Crore
Rs 45,790.64 Crore
Rs 48,535.14 Crore
Net Profit
Rs -69.10 Crore
Rs -292.97 Crore
Rs 1,350.91 Crore
Rs 2,679.96 Crore
Rs 3,351.21 Crore
EPS
-0.56
-1.22
4.23
8.46
10.58
BVPS
31.10
29.26
36.78
40.23
41.66
ROE
-2.10
-4.90
14.50
27.58
25.39
Debt to Equity
2.31
3.28
3.61
4.51
4.06
The company's revenue has consistently increased year-on-year, from Rs 19,454.10 Crore in 2021 to Rs 48,535.14 Crore in 2025. Net profit has also shown significant improvement, from a loss of Rs 69.10 Crore in 2021 to a profit of Rs 3,351.21 Crore in 2025. The EPS has increased from -0.56 in 2021 to 10.58 in 2025.
Consolidated Yearly Income Statement
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Sales
Rs 48,535 Crore
Rs 45,790 Crore
Rs 41,672 Crore
Rs 26,237 Crore
Rs 19,454 Crore
Other Income
Rs 358 Crore
Rs 140 Crore
Rs 110 Crore
Rs 86 Crore
Rs 131 Crore
Total Income
Rs 48,893 Crore
Rs 45,931 Crore
Rs 41,783 Crore
Rs 26,323 Crore
Rs 19,585 Crore
Total Expenditure
Rs 40,398 Crore
Rs 38,859 Crore
Rs 37,432 Crore
Rs 24,662 Crore
Rs 17,751 Crore
EBIT
Rs 8,494 Crore
Rs 7,071 Crore
Rs 4,351 Crore
Rs 1,661 Crore
Rs 1,834 Crore
Interest
Rs 3,930 Crore
Rs 2,982 Crore
Rs 2,093 Crore
Rs 1,869 Crore
Rs 1,900 Crore
Tax
Rs 1,213 Crore
Rs 1,409 Crore
Rs 906 Crore
Rs 85 Crore
Rs 2 Crore
Net Profit
Rs 3,351 Crore
Rs 2,679 Crore
Rs 1,350 Crore
Rs -292 Crore
Rs -69 Crore
The sales increased by 6% in March 2025 compared to March 2024. The tax decreased by 14% in March 2025 compared to March 2024.
Consolidated Quarterly Income Statement
Mar 2025
Dec 2024
Sep 2024
Jun 2024
Mar 2024
Sales
Rs 14,695 Crore
Rs 11,995 Crore
Rs 11,147 Crore
Rs 10,724 Crore
Rs 13,577 Crore
Other Income
Rs 121 Crore
Rs 64 Crore
Rs 114 Crore
Rs 29 Crore
Rs 35 Crore
Total Income
Rs 14,817 Crore
Rs 12,060 Crore
Rs 11,261 Crore
Rs 10,754 Crore
Rs 13,613 Crore
Total Expenditure
Rs 12,155 Crore
Rs 9,924 Crore
Rs 9,232 Crore
Rs 9,086 Crore
Rs 11,274 Crore
EBIT
Rs 2,661 Crore
Rs 2,135 Crore
Rs 2,029 Crore
Rs 1,668 Crore
Rs 2,339 Crore
Interest
Rs 1,052 Crore
Rs 1,011 Crore
Rs 962 Crore
Rs 903 Crore
Rs 829 Crore
Tax
Rs 374 Crore
Rs 312 Crore
Rs 311 Crore
Rs 214 Crore
Rs 581 Crore
Net Profit
Rs 1,234 Crore
Rs 812 Crore
Rs 755 Crore
Rs 549 Crore
Rs 927 Crore
The sales increased by 8% in March 2025 compared to March 2024. The net profit increased by 33% in March 2025 compared to March 2024.
Cash Flow
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Operating Activities
Rs 128 Crore
Rs -6,257 Crore
Rs -4,499 Crore
Rs 2,844 Crore
Rs -1,065 Crore
Investing Activities
Rs -5,758 Crore
Rs 1,135 Crore
Rs -2,934 Crore
Rs -1,916 Crore
Rs -991 Crore
Financing Activities
Rs 6,957 Crore
Rs 8,431 Crore
Rs 7,280 Crore
Rs -377 Crore
Rs 1,330 Crore
Others
Rs 0 Crore
Rs 0 Crore
Rs 31 Crore
Rs 0 Crore
Rs 18 Crore
Net Cash Flow
Rs 1,327 Crore
Rs 3,308 Crore
Rs -122 Crore
Rs 549 Crore
Rs -707 Crore
Balance Sheet
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Share Capital
Rs 293 Crore
Rs 293 Crore
Rs 293 Crore
Rs 293 Crore
Rs 293 Crore
Reserves & Surplus
Rs 11,938 Crore
Rs 8,710 Crore
Rs 8,217 Crore
Rs 6,968 Crore
Rs 7,568 Crore
Current Liabilities
Rs 26,551 Crore
Rs 26,679 Crore
Rs 22,454 Crore
Rs 18,615 Crore
Rs 16,223 Crore
Other Liabilities
Rs 42,931 Crore
Rs 31,976 Crore
Rs 23,762 Crore
Rs 17,722 Crore
Rs 17,981 Crore
Total Liabilities
Rs 81,714 Crore
Rs 67,660 Crore
Rs 54,728 Crore
Rs 43,600 Crore
Rs 42,066 Crore
Fixed Assets
Rs 8,078 Crore
Rs 7,374 Crore
Rs 7,221 Crore
Rs 7,102 Crore
Rs 7,578 Crore
Current Assets
Rs 34,240 Crore
Rs 29,126 Crore
Rs 24,243 Crore
Rs 18,614 Crore
Rs 15,918 Crore
Other Assets
Rs 39,396 Crore
Rs 31,159 Crore
Rs 23,263 Crore
Rs 17,883 Crore
Rs 18,569 Crore
Total Assets
Rs 81,714 Crore
Rs 67,660 Crore
Rs 54,728 Crore
Rs 43,600 Crore
Rs 42,066 Crore
Contingent Liabilities
Rs 476 Crore
Rs 940 Crore
Rs 756 Crore
Rs 917 Crore
Rs 864 Crore
Ratios
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Basic EPS (Rs.)
10.58
8.46
4.23
-1.22
-0.56
Diluted Eps (Rs.)
10.56
8.45
4.22
-1.22
-0.56
Book Value [Excl. Reval Reserve]/Share (Rs.)
41.66
40.23
36.78
29.26
31.10
Dividend/Share (Rs.)
6.25
4.95
2.60
1.00
0.60
Face Value
1
1
1
1
1
Gross Profit Margin (%)
19.70
17.65
12.48
10.87
13.33
Operating Margin (%)
17.47
15.62
10.32
7.56
9.03
Net Profit Margin (%)
6.90
5.85
3.24
-1.11
-0.35
Return on Networth / Equity (%)
25.39
27.58
14.50
-4.90
-2.10
ROCE (%)
15.37
17.46
13.33
7.94
6.80
Return On Assets (%)
3.80
3.67
2.26
-0.82
-0.39
Current Ratio (X)
1.29
1.09
1.08
1.00
0.98
Quick Ratio (X)
1.14
0.94
0.93
0.86
0.83
Debt to Equity (x)
4.06
4.51
3.61
3.28
2.31
Interest Coverage Ratios (X)
2.43
2.71
2.49
1.53
0.92
Asset Turnover Ratio (%)
0.65
0.75
0.85
0.70
46.24
Inventory Turnover Ratio (X)
12.14
7.58
9.45
6.96
7.79
3 Yr CAGR Sales (%)
36.01
53.42
37.78
-11.10
-18.96
3 Yr CAGR Net Profit (%)
238.21
522.77
71.95
-63.37
-80.51
P/E (x)
9.65
10.12
16.45
-48.06
-101.34
P/B (x)
4.90
5.58
4.78
4.71
4.24
EV/EBITDA (x)
11.08
10.71
13.80
20.18
19.65
P/S (x)
1.24
1.10
0.98
1.31
1.71
The P/E ratio as of March 2025 is 9.65 and P/B ratio is 4.90. The company reported a debt-to-equity ratio of 4.06 as of the year-ending March 2025.
Corporate Actions
Ashok Leyland has announced several corporate actions including dividend payouts and bonus issues. On May 13, 2025, an interim dividend of Rs 4.25 per share was announced, with the ex-date as May 22, 2025. A bonus issue with a ratio of 1:1 was announced on May 23, 2025, with the ex-date as July 16, 2025.
With the stock's last traded price at Rs 118.59, Ashok Leyland has shown positive movement in today's session.
