- Total income
- ₹49,715 Cr
- Profit
- ₹3,107 Cr
About Ashok Leyland
Ashok Leyland is a publicly listed company based in Chennai (India) founded in 1948. Commercial buses and trucks are manufactured by Ashok Leyland. The company has 34,870 employees. Its chief executive, as recorded, is Vinod Dasari. Its website ashokleyland.com draws about 361 thousand monthly visits. Its Indian entity Ashok Leyland Limited reported revenue of βΉ57,999 Cr. Ashok Leyland offers products and services including Trucks, Buses, Light Vehicles, Power Solutions, and Defence Vehicles. Its focus areas include Auto, Auto Brands, Commercial Vehicles and Multi Category. Similar companies include Mahindra, Eicher Motors and Infraprime Logistics Technologies; 1 of its 3 listed similar companies has raised funding.
Company details
Ashok Leyland was established in 1948 in Chennai, India, within the automotive sector. Commercial vehicles, such as buses and trucks, are produced for transportation needs. Operations span manufacturing and distribution, primarily in India, with exports to various global markets. The company is led by Co-CEOs Vinod Dasari and Shenu Agarwal, alongside CFO Balaji Kidambi Mani, overseeing financial and strategic functions.
Ashok Leyland is ranked #58 on the Fortune India 500 (2025).
Recognitions & Rankings of Ashok Leyland
- Valuation
- ₹67,150 Cr
- Headquarters Chennai, India
- Employees 34,870
- Stage Public
- SectorsTransportation, Automotive & Logistics
- Website category Vehicles · Automotive Industry
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website ashokleyland.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Ashok Leyland Limited
- Market Cap₹85,142 Cr
ASHOKLEY · NSE
- Share Price₹140.96
-2.75% today
- Revenue₹49,309 Cr
FY 2025-26 · +14.1% YoY
- EBITDA₹2,306 Cr
Margin 4.7%
- Net Profit₹3,642 Cr
FY 2025-26 · +21.6% YoY
- P/E (TTM)23.1x
P/B 6.1x
- ROE28.1%
ROCE 13.8%
- Debt / Equity4.30
Interest cover 402.6x
- Latest Funding Round$110.67M (USD), Post-IPO
Jun 2014
- Employee Count34,870
Associated legal entities of Ashok Leyland
Ashok Leyland is associated with 8 registered companies on The Company Check; the primary company is Ashok Leyland Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ashok Leyland Limited Listed CIN L34101TN1948PLC000105 | Active | 07 Sep 1948 | Chennai, Tamil Nadu | ₹57,999 Cr | 10,033 | 14 | View details |
| Ashley Aviation Limited CIN U66030TN2008PLC122350 | Active | 18 Mar 2008 | Chennai, Tamil Nadu | ₹9.1 Cr | 11 | 6 | View details |
| Ashok Leyland Technologies Limited CIN U34300TN2008PLC067840 | Amalgamated | 22 May 2008 | Chennai, Tamil Nadu | ₹60.1 Cr | 62 | 8 | View details |
| Ashok Leyland Defence Systems Limited CIN U34200TN2008PLC080987 | Active | 18 Mar 2008 | Chennai, Tamil Nadu | ₹197 Cr | 12 | 8 | View details |
| Ashok Leyland Vehicles Limited CIN U34102TN2008PLC067839 | Amalgamated | 22 May 2008 | Chennai, Tamil Nadu | ₹1,675 Cr | 64 | 7 | View details |
| Vishwa Buses And Coaches Limited CIN U34101TN2020PLC139539 | Active | 19 Nov 2020 | Chennai, Tamil Nadu | ₹296 Cr | 38 | 7 | View details |
| Ashley Alteams India Limited CIN U27310TN2006PLC065084 | Active | 09 Oct 2006 | Chennai, Tamil Nadu, India | View details | |||
| Sarvesh Trucks And Motors Private Limited CIN U50200TN2014PTC094899 | Active | 07 Feb 2014 | Vellore, Tamil Nadu, India | View details |
Products & Services of Ashok Leyland
Ashok Leyland offers a comprehensive portfolio of products and services, including Trucks, Buses, Light Vehicles, Power Solutions, and Defence Vehicles.
Vehicles for hauling goods and transportation needs
Passenger vehicles for urban and intercity routes
Small commercial carriers for goods and services
Engines for industrial and marine applications
Specialized vehicles for military operations
Apps and channels of Ashok Leyland
Ashok Leyland publishes 2 mobile apps with over 110K+ downloads; its YouTube channel Ashok Leyland has 133K subscribers and 30 videos.
Videos from Ashok Leyland
The most watched videos on Ashok Leyland's YouTube channel, Ashok Leyland (133K subscribers). Click a video to play it here.
More on Ashok Leyland.
Funding Insights of Ashok Leyland
- Total Rounds 1
- Last Round Post-IPO β $110.67M
- First Round $110.67M
(Jun 2014)
All 1 funding rounds of Ashok Leyland with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2014 | $110.67M | Post-IPO | β | β | β |
Board of directors of Ashok Leyland Limited (Ashok Leyland)
Ashok Leyland Limited is the primary company behind Ashok Leyland. The boards of the 6 registered companies of Ashok Leyland currently have 29 directors; the longest-serving is Dheeraj Gopichand Hinduja, appointed in 1996. 135 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Dheeraj Gopichand Hinduja DIN 00133410 | Whole-time director | 03 Sep 1996 | 30 yrs 1 mo | Ashok Leyland Limited |
| Gopal Mahadevan DIN 01746102 | Director | 13 Sep 2013 | 13 yrs 1 mo | Ashok Leyland Vehicles Limited, Ashok Leyland Technologies Limited |
| Narayanan Pandi DIN 09641465 | CFO | 23 Mar 2015 | 11 yrs 7 mo | Ashok Leyland Vehicles Limited, Ashok Leyland Defence Systems Limited |
| Amandeep Singh DIN 07613446 | Director | 16 Aug 2016 | 10 yrs 2 mo | Ashok Leyland Defence Systems Limited |
| Mohana Srinivasan DIN 06957952 | Director | 29 Mar 2017 | 9 yrs 6 mo | Ashok Leyland Vehicles Limited, Ashok Leyland Technologies Limited, Ashok Leyland Defence Systems Limited |
| Duraiswamy Subramaniam Ramadorai DIN 03631375 | Director | 29 Mar 2017 | 9 yrs 6 mo | Ashok Leyland Vehicles Limited, Ashok Leyland Technologies Limited |
| Nitin Seth DIN 03182297 | CEO | 19 May 2017 | 9 yrs 5 mo | Ashok Leyland Vehicles Limited, Ashok Leyland Technologies Limited |
| Nandkumar Jeevanrao Khandare DIN 08630362 | CEO | 19 May 2017 | 9 yrs 5 mo | Ashok Leyland Technologies Limited |
| Natarajan Ramanathan DIN 07409855 | Director | 15 May 2019 | 7 yrs 5 mo | Ashley Aviation Limited |
| Kaniyur Chandrasekaran Sathiyanarayanan DIN 08087454 | Director | 15 May 2019 | 7 yrs 5 mo | Ashley Aviation Limited |
| Sasikumar Thekkedath DIN 08171307 | Director | 15 May 2019 | 7 yrs 5 mo | Ashley Aviation Limited |
| Sivanandhan Dhanushkodi DIN 03607203 | Director | 01 Nov 2019 | 6 yrs 11 mo | Ashok Leyland Defence Systems Limited |
| Saugata Gupta DIN 05251806 | Director | 08 Nov 2019 | 6 yrs 11 mo | Ashok Leyland Limited |
| Alagusundaram DIN 06749715 | Company Secretary | 04 Feb 2021 | 5 yrs 8 mo | Vishwa Buses And Coaches Limited |
| Kannath Mohan DIN 09369743 | Director | 26 Oct 2021 | 5 yrs | Vishwa Buses And Coaches Limited |
| Shom Ashok Hinduja DIN 07128441 | Director | 12 Nov 2021 | 4 yrs 11 mo | Ashok Leyland Limited |
| Rajesh Renganathan DIN 09533250 | Director | 25 Mar 2022 | 4 yrs 7 mo | Ashok Leyland Defence Systems Limited |
| Shenu Agarwal DIN 03485730 | Managing Director | 08 Dec 2022 | 3 yrs 10 mo | Ashok Leyland Limited |
| Shanmuga Sundaram Ganeshmani DIN 08791458 | Director | 15 Feb 2023 | 3 yrs 8 mo | Vishwa Buses And Coaches Limited |
| Chinnaswamy Rajendran DIN 10188402 | Director | 01 Nov 2023 | 2 yrs 11 mo | Vishwa Buses And Coaches Limited |
| Srinath Nandakumar DIN 10615641 | Director | 09 May 2024 | 2 yrs 5 mo | Vishwa Buses And Coaches Limited |
| Venkataramani Sumantran DIN 02153989 | Director | 24 May 2024 | 2 yrs 5 mo | Ashok Leyland Limited |
| Thomas Dauner DIN 10642122 | Director | 04 Jun 2024 | 2 yrs 4 mo | Ashok Leyland Limited |
| Sanjay Khatau Asher DIN 00008221 | Director | 14 Aug 2024 | 2 yrs 2 mo | Ashok Leyland Limited |
| Kidambi Mani Balaji DIN 08064743 | CFO | 14 Oct 2024 | 2 yrs | Ashok Leyland Limited |
| Ramesh Narayanswamy Subramanyam DIN 02421481 | Director | 12 Dec 2024 | 1 yr 10 mo | Ashok Leyland Defence Systems Limited |
| Sven Christoph Ennerst DIN 10942860 | Director | 01 Jun 2025 | 1 yr 4 mo | Ashok Leyland Limited |
| Geeta Mathur DIN 02139552 | Director | 25 Aug 2025 | 1 yr 2 mo | Ashok Leyland Limited |
| Sridharan Kesavan DIN 00051976 | Director | 25 Aug 2025 | 1 yr 2 mo | Ashok Leyland Limited |
People of Ashok Leyland
242 people are tracked at Ashok Leyland (105 in leadership, 5 in board & advisors, 132 in team); the tracked headcount is 34,870.
| Name | Role | Group |
|---|---|---|
| CFO | Leadership | |
Vinod Dasari | Co-CEO & Managing Director | Leadership |
| Co-CEO & Managing director | Leadership | |
Himachal Jothinarasimhan | Head Of Cyber Security | Leadership |
Lindon Saldanha | General Manager | Leadership |
Vinod Koshy | Head Manufacturing- Hosur II | Leadership |
Atanu Mitra | Head Channel Engagement - Spare Parts | Leadership |
Alagusundaram Pr | Head - Corporate Accounting & Consolidation | Leadership |
Senthilkumar Ponnusamy | Deputy General Manager - Plant Head | Leadership |
Rachit Malhotra | Zonal Head HR - North | Leadership |
Sheikh Shahnawaz | Head QA Foundry Division | Leadership |
Sachin Goel | Sr. Vice President -head Central Quality | Leadership |
Ananthakrishnan Subramanian | Head Manufacturing - Pantnagar | Leadership |
Barath Rajagopalan | Head Of Institutional Sales | Leadership |
N V Balachander | Chief Sustainability Officer & President Brand & Corp Communication, Corp Affairs | Leadership |
N Saravanan | President & Chief Technology Officer | Leadership |
Satyapal Jyoti | IT Regional HEAD | Leadership |
Srikanth Vaidyanathan | Head Of Insurance | Leadership |
Vaidyalingam Gopalakrishnan | Assistant General Manager-finance | Leadership |
Hari Ns | General Manager And Head - EV Battery Technology | Leadership |
222 more people are available in the full profile.
Complete people profiles for Ashok Leyland
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Ashok Leyland
Ashok Leyland is a publicly listed company on the NSE with ticker symbol ASHOKLEY in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date25 May 1995
- Listed onNSE: ASHOKLEY
- Listed entityAshok Leyland Limited
- Exchange sectorProducer manufacturing
- ISININE208A01029
- Share price₹145.00 (-1.61% on the day) · 2026-10-14
- Market capitalisation₹86,551 Cr
- Price to earnings24.5
- EPS (diluted, trailing year)₹5.92
- Dividend yield2.38%
- Volume (last session)17,143,717
Financials of Ashok Leyland
Exchange-reported figures of Ashok Leyland Limited, the listed company behind Ashok Leyland (NSE: ASHOKLEY).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 49,309 | 43,215 | 46,455 | 42,292 | 26,565 | 19,754 | 22,412 |
| Revenue growth | +14.1% | -7.0% | +9.8% | +59.2% | +34.5% | -11.9% | - |
| EBITDA | 2,306 | 2,852 | 7,704 | 5,051 | 2,359 | 2,376 | 3,180 |
| EBITDA margin | +4.7% | +6.6% | +16.6% | +11.9% | +8.9% | +12.0% | +14.2% |
| Profit before tax | 5,155 | 4,596 | 4,106 | 2,269 | (200) | (67.08) | 739 |
| Net profit | 3,642 | 2,995 | 2,489 | 1,188 | 53.95 | (189) | 356 |
| Net profit margin | +7.4% | +6.9% | +5.4% | +2.8% | +0.2% | -1.0% | +1.6% |
| EPS (βΉ) | 5.91 | 10.58 | 8.46 | 4.23 | (1.22) | (0.56) | 1.15 |
| Balance sheet | |||||||
| Total assets | 83,915 | 67,158 | 53,889 | 43,021 | 33,356 | 33,824 | 31,959 |
| Net worth | 14,242 | 12,232 | 9,005 | 8,554 | 7,304 | 7,862 | 7,789 |
| Total debt | 63,936 | 49,962 | 40,802 | 31,161 | 24,145 | 24,077 | 22,417 |
| Cash & bank | 10,757 | 7,263 | 7,080 | 2,187 | 2,138 | 1,779 | 2,235 |
| Net working capital | 22,020 | 16,416 | 15,379 | 9,746 | 7,056 | 7,818 | 9,297 |
| Cash flow | |||||||
| Cash from operations | (4,895) | 128 | (6,258) | (4,499) | 2,845 | (1,065) | 383 |
| Cash from investing | (6,986) | (5,759) | 1,135 | (2,904) | (1,917) | (973) | (1,201) |
| Cash from financing | 11,617 | 6,958 | 8,432 | 7,281 | (378) | 1,331 | 1,239 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 13,070 | 17,246 | 14,830 | 12,577 | 11,709 | 14,696 | 11,995 | 11,148 |
| Revenue growth (YoY) | +11.6% | +17.4% | +23.6% | +12.8% | +9.2% | - | - | - |
| Other income | 195 | 205 | 185 | 143 | 103 | 133 | 74.91 | 245 |
| EBITDA | 2,410 | 3,289 | 2,497 | 2,401 | 2,173 | 2,880 | 2,336 | 2,040 |
| EBITDA margin | +18.5% | +19.2% | +16.9% | +19.2% | +18.6% | +19.7% | +19.6% | +18.4% |
| Depreciation | 315 | 314 | 282 | 268 | 273 | 340 | 268 | 244 |
| Interest | 1,341 | 1,241 | 1,200 | 1,152 | 1,112 | 1,053 | 1,011 | 962 |
| Profit before tax | 950 | 1,940 | 1,200 | 1,124 | 891 | 1,621 | 1,132 | 1,078 |
| Tax | 282 | 558 | 337 | 304 | 234 | 375 | 313 | 312 |
| Net profit | 668 | 1,381 | 862 | 820 | 658 | 1,246 | 820 | 767 |
| EPS (βΉ) | 1.05 | 2.20 | 1.38 | 1.29 | 2.08 | 3.84 | 2.59 | 2.40 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 44,802 | 39,558 | 39,083 | 36,741 | 21,996 | 15,598 | 17,885 |
| Revenue growth | +13.3% | +1.2% | +6.4% | +67.0% | +41.0% | -12.8% | - |
| EBITDA | 5,384 | 4,914 | 4,459 | 2,909 | 586 | 437 | 1,018 |
| EBITDA margin | +12.0% | +12.4% | +11.4% | +7.9% | +2.7% | +2.8% | +5.7% |
| Profit before tax | 4,814 | 4,348 | 3,792 | 2,110 | 528 | (412) | 362 |
| Net profit | 3,723 | 3,078 | 2,632 | 1,302 | 24.77 | (318) | 329 |
| Net profit margin | +8.3% | +7.8% | +6.7% | +3.5% | +0.1% | -2.0% | +1.8% |
| EPS (βΉ) | 6.07 | 11.25 | 8.92 | 4.70 | 1.85 | (1.07) | 0.82 |
| Balance sheet | |||||||
| Total assets | 15,379 | 14,100 | 12,139 | 12,443 | 11,311 | 11,184 | 11,066 |
| Net worth | 13,113 | 11,519 | 8,810 | 8,426 | 7,337 | 6,977 | 7,264 |
| Total debt | 1,195 | 1,482 | 2,299 | 3,225 | 3,554 | 3,759 | 3,322 |
| Cash & bank | 2,977 | 2,706 | 3,438 | 501 | 1,047 | 823 | 1,322 |
| Net working capital | (2,137) | (1,588) | 497 | (713) | (669) | 356 | 365 |
| Cash flow | |||||||
| Cash from operations | 4,792 | 7,819 | 2,503 | 2,136 | 2,647 | 21.13 | 941 |
| Cash from investing | (3,204) | (4,078) | 902 | (1,736) | (1,459) | (976) | (2,176) |
| Cash from financing | (2,217) | (3,024) | (1,917) | (940) | (724) | 206 | 1,149 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 9,634 | 14,160 | 11,534 | 9,588 | 8,725 | 11,907 | 9,479 | 8,769 |
| Revenue growth (YoY) | +10.4% | +18.9% | +21.7% | +9.3% | +1.5% | - | - | - |
| Other income | 85.10 | 68.29 | 59.25 | 135 | 52.85 | 106 | 24.71 | 215 |
| Total expenses | 8,665 | 12,095 | 10,307 | 8,466 | 7,755 | 10,129 | 8,267 | 7,752 |
| EBITDA | 970 | 2,066 | 1,227 | 1,122 | 970 | 1,777 | 1,211 | 1,017 |
| EBITDA margin | +10.1% | +14.7% | +10.7% | +11.8% | +11.2% | +15.0% | +12.8% | +11.7% |
| Depreciation | 183 | 183 | 177 | 172 | 183 | 179 | 192 | 175 |
| Interest | 41.53 | 42.06 | 43.83 | 41.98 | 41.86 | 47.12 | 50.06 | 60.68 |
| Profit before tax | 830 | 1,909 | 1,064 | 1,043 | 798 | 1,657 | 994 | 996 |
| Tax | 221 | 504 | 268 | 272 | 204 | 411 | 232 | 226 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 13,070 | 17,246 | 14,830 | 12,577 | 11,709 | 14,696 | 11,995 | 11,148 |
| Revenue growth (YoY) | +11.6% | +17.4% | +23.6% | +12.8% | +9.2% | - | - | - |
| Other income | 195 | 205 | 185 | 143 | 103 | 133 | 74.91 | 245 |
| EBITDA | 2,410 | 3,289 | 2,497 | 2,401 | 2,173 | 2,880 | 2,336 | 2,040 |
| EBITDA margin | +18.5% | +19.2% | +16.9% | +19.2% | +18.6% | +19.7% | +19.6% | +18.4% |
| Depreciation | 315 | 314 | 282 | 268 | 273 | 340 | 268 | 244 |
| Interest | 1,341 | 1,241 | 1,200 | 1,152 | 1,112 | 1,053 | 1,011 | 962 |
| Profit before tax | 950 | 1,940 | 1,200 | 1,124 | 891 | 1,621 | 1,132 | 1,078 |
| Tax | 282 | 558 | 337 | 304 | 234 | 375 | 313 | 312 |
| Net profit | 668 | 1,381 | 862 | 820 | 658 | 1,246 | 820 | 767 |
| EPS (βΉ) | 1.05 | 2.20 | 1.38 | 1.29 | 2.08 | 3.84 | 2.59 | 2.40 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 49,309 | 43,215 | 46,455 | 42,292 | 26,565 | 19,754 | 22,412 |
| Revenue growth | +14.1% | -7.0% | +9.8% | +59.2% | +34.5% | -11.9% | - |
| Other income | 8,691 | 6,761 | 311 | 211 | 176 | 293 | 111 |
| Total expenses | 47,002 | 40,363 | 38,751 | 37,241 | 24,206 | 17,378 | 19,232 |
| Employee cost | 4,807 | 4,241 | 3,715 | 3,292 | 2,636 | 2,222 | 2,278 |
| EBITDA | 2,306 | 2,852 | 7,704 | 5,051 | 2,359 | 2,376 | 3,180 |
| EBITDA margin | +4.7% | +6.6% | +16.6% | +11.9% | +8.9% | +12.0% | +14.2% |
| Depreciation | 1,138 | 1,087 | 927 | 900 | 866 | 836 | 750 |
| Interest | 4,705 | 3,930 | 2,982 | 2,094 | 1,869 | 1,901 | 1,802 |
| Profit before tax | 5,155 | 4,596 | 4,106 | 2,269 | (200) | (67.08) | 739 |
| Tax | 1,434 | 1,214 | 1,410 | 907 | 85.86 | 2.52 | 279 |
| Net profit | 3,642 | 2,995 | 2,489 | 1,188 | 53.95 | (189) | 356 |
| Net profit margin | +7.4% | +6.9% | +5.4% | +2.8% | +0.2% | -1.0% | +1.6% |
| EPS (βΉ) | 5.91 | 10.58 | 8.46 | 4.23 | (1.22) | (0.56) | 1.15 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 587 | 294 | 294 | 294 | 294 | 294 | 294 |
| Reserves & surplus | 13,654 | 11,938 | 8,710 | 8,260 | 7,010 | 7,568 | 7,495 |
| Shareholders' funds (net worth) | 14,242 | 12,232 | 9,005 | 8,554 | 7,304 | 7,862 | 7,789 |
| Minority interest | 4,305 | 3,613 | 2,810 | 2,245 | 1,286 | 1,268 | 1,107 |
| Secured loans | 42,346 | 34,410 | 27,566 | 19,629 | 14,460 | 14,501 | 12,942 |
| Unsecured loans | 21,590 | 15,552 | 13,237 | 11,532 | 9,685 | 9,577 | 9,475 |
| Total debt | 63,936 | 49,962 | 40,802 | 31,161 | 24,145 | 24,077 | 22,417 |
| Total liabilities | 83,915 | 67,158 | 53,889 | 43,021 | 33,356 | 33,824 | 31,959 |
| Assets | |||||||
| Gross block | 18,498 | 15,948 | 15,088 | 13,549 | 12,495 | 12,416 | 11,134 |
| Net block | 10,435 | 8,837 | 8,157 | 8,129 | 7,895 | 8,484 | 8,031 |
| Capital work in progress | 940 | 577 | 415 | 268 | 240 | 336 | 574 |
| Investments | 7,467 | 6,610 | 2,329 | 4,852 | 2,652 | 1,096 | 960 |
| Inventories | 4,672 | 3,986 | 4,008 | 3,440 | 2,541 | 2,496 | 1,547 |
| Sundry debtors | 3,087 | 3,347 | 3,898 | 4,187 | 3,264 | 3,021 | 1,505 |
| Cash & bank balances | 10,757 | 7,263 | 7,080 | 2,187 | 2,138 | 1,779 | 2,235 |
| Loans & advances | 18,904 | 14,977 | 13,117 | 10,918 | 9,042 | 8,379 | 9,850 |
| Total current assets | 37,420 | 29,573 | 28,103 | 20,732 | 16,985 | 15,674 | 15,137 |
| Total current liabilities | 15,401 | 13,158 | 12,725 | 10,986 | 9,929 | 7,857 | 5,840 |
| Net working capital | 22,020 | 16,416 | 15,379 | 9,746 | 7,056 | 7,818 | 9,297 |
| Total assets | 83,915 | 67,158 | 53,889 | 43,021 | 33,356 | 33,824 | 31,959 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 6,545 | 5,217 | 1,909 | 2,031 | 1,481 | 2,188 | 1,767 |
| Net cash from operating activities | (4,895) | 128 | (6,258) | (4,499) | 2,845 | (1,065) | 383 |
| Net cash from investing activities | (6,986) | (5,759) | 1,135 | (2,904) | (1,917) | (973) | (1,201) |
| Net cash from financing activities | 11,617 | 6,958 | 8,432 | 7,281 | (378) | 1,331 | 1,239 |
| Net change in cash | (264) | 1,327 | 3,309 | (122) | 550 | (707) | 421 |
| Closing cash | 10,757 | 7,263 | 7,080 | 2,187 | 2,138 | 1,779 | 2,235 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +14.1% | -7.0% | +9.8% | +59.2% | +34.5% | -11.9% | - |
| EBITDA growth | -19.1% | -63.0% | +52.5% | +114.1% | -0.7% | -25.3% | - |
| PBT growth | +12.2% | +11.9% | +81.0% | +9998.0% | -197.5% | - | -74.3% |
| Net income growth | +21.6% | +20.3% | +109.5% | +2102.6% | +128.5% | -153.2% | - |
| Revenue CAGR (3Y) | +5.3% | +17.6% | +33.0% | +23.6% | -7.6% | -13.1% | -1.2% |
| EBITDA CAGR (3Y) | -23.0% | +6.5% | +48.0% | +16.7% | -21.5% | -17.5% | +0.7% |
| Profitability & leverage | |||||||
| Net income margin | +7.6% | +7.8% | +5.8% | +3.2% | -1.1% | -0.4% | +2.1% |
| Return on capital employed | +13.8% | +14.9% | +15.4% | +12.0% | +6.1% | +5.5% | +8.5% |
| Return on net worth | +28.1% | +31.9% | +30.7% | +17.2% | +1.7% | -1.2% | +5.6% |
| Debt / equity | 4.30 | 4.27 | 4.10 | 3.49 | 3.18 | 2.97 | 2.52 |
| Long-term debt / equity | 3.13 | 2.99 | 2.65 | 2.22 | 2.06 | 1.86 | 1.60 |
| Interest cover | 402.60 | 222.67 | 44.01 | 50.44 | 125.19 | 123.39 | 74.14 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.86 | 2.78 | 3.17 | 3.25 | 2.13 | 1.68 | 2.24 |
| Inventory turnover | 11.39 | 10.81 | 12.47 | 14.14 | 10.55 | 9.77 | 9.69 |
| Debtors turnover | 15.33 | 11.93 | 11.49 | 11.35 | 8.45 | 8.73 | 10.62 |
| EPS (βΉ) | 5.91 | 10.58 | 8.46 | 4.23 | (1.22) | (0.56) | 1.15 |
| Dividend per share (βΉ) | 3.50 | 6.25 | 4.95 | 2.60 | 1.00 | 0.60 | 0.50 |
| Book value per share (βΉ) | 24.25 | 41.65 | 30.66 | 29.13 | 24.88 | 26.78 | 26.53 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 9,634 | 14,160 | 11,534 | 9,588 | 8,725 | 11,907 | 9,479 | 8,769 |
| Revenue growth (YoY) | +10.4% | +18.9% | +21.7% | +9.3% | +1.5% | - | - | - |
| Other income | 85.10 | 68.29 | 59.25 | 135 | 52.85 | 106 | 24.71 | 215 |
| Total expenses | 8,665 | 12,095 | 10,307 | 8,466 | 7,755 | 10,129 | 8,267 | 7,752 |
| EBITDA | 970 | 2,066 | 1,227 | 1,122 | 970 | 1,777 | 1,211 | 1,017 |
| EBITDA margin | +10.1% | +14.7% | +10.7% | +11.8% | +11.2% | +15.0% | +12.8% | +11.7% |
| Depreciation | 183 | 183 | 177 | 172 | 183 | 179 | 192 | 175 |
| Interest | 41.53 | 42.06 | 43.83 | 41.98 | 41.86 | 47.12 | 50.06 | 60.68 |
| Profit before tax | 830 | 1,909 | 1,064 | 1,043 | 798 | 1,657 | 994 | 996 |
| Tax | 221 | 504 | 268 | 272 | 204 | 411 | 232 | 226 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 44,802 | 39,558 | 39,083 | 36,741 | 21,996 | 15,598 | 17,885 |
| Revenue growth | +13.3% | +1.2% | +6.4% | +67.0% | +41.0% | -12.8% | - |
| Other income | 315 | 371 | 300 | 222 | 996 | 205 | 123 |
| Total expenses | 39,418 | 34,645 | 34,623 | 33,832 | 21,410 | 15,161 | 16,867 |
| Employee cost | 2,632 | 2,432 | 2,246 | 2,136 | 1,708 | 1,633 | 1,686 |
| EBITDA | 5,384 | 4,914 | 4,459 | 2,909 | 586 | 437 | 1,018 |
| EBITDA margin | +12.0% | +12.4% | +11.4% | +7.9% | +2.7% | +2.8% | +5.7% |
| Depreciation | 715 | 719 | 718 | 732 | 753 | 748 | 670 |
| Interest | 170 | 217 | 249 | 289 | 301 | 307 | 109 |
| Profit before tax | 4,814 | 4,348 | 3,792 | 2,110 | 528 | (412) | 362 |
| Tax | 1,248 | 1,045 | 1,174 | 730 | (14.22) | (98.23) | 122 |
| Net profit | 3,723 | 3,078 | 2,632 | 1,302 | 24.77 | (318) | 329 |
| Net profit margin | +8.3% | +7.8% | +6.7% | +3.5% | +0.1% | -2.0% | +1.8% |
| EPS (βΉ) | 6.07 | 11.25 | 8.92 | 4.70 | 1.85 | (1.07) | 0.82 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 587 | 294 | 294 | 294 | 294 | 294 | 294 |
| Reserves & surplus | 12,526 | 11,225 | 8,517 | 8,132 | 7,043 | 6,684 | 6,970 |
| Shareholders' funds (net worth) | 13,113 | 11,519 | 8,810 | 8,426 | 7,337 | 6,977 | 7,264 |
| Secured loans | 456 | 836 | 1,009 | 1,314 | 2,127 | 1,614 | 1,373 |
| Unsecured loans | 739 | 646 | 1,290 | 1,911 | 1,427 | 2,145 | 1,949 |
| Total debt | 1,195 | 1,482 | 2,299 | 3,225 | 3,554 | 3,759 | 3,322 |
| Total liabilities | 15,379 | 14,100 | 12,139 | 12,443 | 11,311 | 11,184 | 11,066 |
| Assets | |||||||
| Gross block | 12,963 | 11,869 | 11,462 | 11,168 | 10,764 | 10,558 | 9,620 |
| Net block | 6,389 | 5,845 | 5,952 | 6,304 | 6,601 | 7,050 | 6,804 |
| Capital work in progress | 479 | 425 | 202 | 133 | 194 | 372 | 594 |
| Investments | 10,679 | 8,673 | 5,560 | 6,664 | 4,820 | 3,069 | 2,720 |
| Inventories | 3,486 | 2,957 | 3,191 | 2,774 | 2,075 | 2,142 | 1,238 |
| Sundry debtors | 2,950 | 2,887 | 3,570 | 4,062 | 3,096 | 2,816 | 1,188 |
| Cash & bank balances | 2,977 | 2,706 | 3,438 | 501 | 1,047 | 823 | 1,322 |
| Loans & advances | 1,129 | 739 | 1,216 | 1,594 | 1,991 | 1,670 | 1,675 |
| Total current assets | 10,542 | 9,290 | 11,414 | 8,932 | 8,209 | 7,452 | 5,423 |
| Total current liabilities | 12,679 | 10,878 | 10,917 | 9,645 | 8,878 | 7,095 | 5,059 |
| Net working capital | (2,137) | (1,588) | 497 | (713) | (669) | 356 | 365 |
| Total assets | 15,379 | 14,100 | 12,139 | 12,443 | 11,311 | 11,184 | 11,066 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 2,660 | 1,942 | 454 | 994 | 530 | 1,279 | 1,365 |
| Net cash from operating activities | 4,792 | 7,819 | 2,503 | 2,136 | 2,647 | 21.13 | 941 |
| Net cash from investing activities | (3,204) | (4,078) | 902 | (1,736) | (1,459) | (976) | (2,176) |
| Net cash from financing activities | (2,217) | (3,024) | (1,917) | (940) | (724) | 206 | 1,149 |
| Net change in cash | (629) | 718 | 1,488 | (540) | 464 | (749) | (85.94) |
| Closing cash | 2,977 | 2,706 | 3,438 | 501 | 1,047 | 823 | 1,322 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +13.3% | +1.2% | +6.4% | +67.0% | +41.0% | -12.8% | - |
| EBITDA growth | +9.6% | +10.2% | +53.3% | +396.5% | +34.0% | -57.0% | - |
| PBT growth | +10.7% | +14.7% | +79.7% | +300.0% | +9998.0% | - | -85.5% |
| Net income growth | +20.9% | +16.9% | +102.2% | +5157.0% | +107.8% | -196.8% | - |
| Revenue CAGR (3Y) | +6.8% | +21.6% | +35.8% | +27.1% | -9.3% | -16.5% | -4.5% |
| EBITDA CAGR (3Y) | +22.8% | +103.2% | +116.8% | +41.9% | -42.5% | -45.4% | -13.2% |
| Profitability & leverage | |||||||
| Net income margin | +8.0% | +8.4% | +6.7% | +3.8% | +2.5% | -2.0% | +1.3% |
| Return on capital employed | +33.8% | +34.8% | +32.9% | +20.2% | +2.7% | -0.9% | +5.9% |
| Return on net worth | +29.0% | +32.5% | +30.4% | +17.5% | +0.4% | -4.4% | +4.2% |
| Debt / equity | 0.11 | 0.19 | 0.32 | 0.43 | 0.51 | 0.50 | 0.25 |
| Long-term debt / equity | 0.06 | 0.10 | 0.17 | 0.30 | 0.38 | 0.28 | 0.11 |
| Interest cover | 3.64 | 5.17 | 6.67 | 13.28 | -180.50 | -98.87 | 31.45 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.61 | 3.39 | 3.45 | 3.35 | 2.06 | 1.55 | 2.08 |
| Inventory turnover | 13.91 | 12.87 | 13.10 | 15.15 | 10.43 | 9.23 | 9.12 |
| Debtors turnover | 15.35 | 12.25 | 10.24 | 10.27 | 7.44 | 7.79 | 9.68 |
| EPS (βΉ) | 6.07 | 11.25 | 8.92 | 4.70 | 1.85 | (1.07) | 0.82 |
| Dividend per share (βΉ) | 3.50 | 6.25 | 4.95 | 2.60 | 1.00 | 0.60 | 0.50 |
| Book value per share (βΉ) | 22.32 | 39.23 | 30.01 | 28.70 | 24.99 | 23.77 | 24.75 |
Timeline of Ashok Leyland
3 dated milestones of Ashok Leyland across 66 years, from founding to its latest funding, stage changes and deals.
- Founded Ashok Leyland is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $110.7M.
Similar companies to Ashok Leyland
Ashok Leyland has 3 listed similar companies in our database, 1 of them funded. They include Mahindra, Eicher Motors and Infraprime Logistics Technologies.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mahindra.com | 1945 | Mumbai, India | 3,779 | Diversified operations span automotive, agriculture, and financial services. | ||
| eicher.in | 1948 | Gurugram, India | 5,101 | Commercial vehicles and two-wheelers are manufactured by Eicher Motors. | ||
| infraprimelogistics.com | 2017 | Gurugram, India | $5.62M | 34 | Electric heavy-duty trucks are developed for logistics and construction sectors. |
Detailed similar companies of Ashok Leyland
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Web traffic of Ashok Leyland
The website of Ashok Leyland (ashokleyland.com) receives about 361.3K visits a month and ranks #100,995 among all websites worldwide, #2,078 in Automotive Industry.
- Monthly visits361.3K
▼ 12.9% vs previous month
- Unique visitors114.9K
per month
- Global rank#100,995
among all websites
- Category rank#2,078
Vehicles · Automotive Industry
- Bounce rate27%
- Pages per visit5.7
- Average visit6 min 00 sec
- DevicesDesktop 57% Β· Mobile 43%
Websites whose visitors overlap most with Ashok Leyland. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| tatamotors.com | 100% | 6.8M | #4,619 | View details | |
eicherworld.com | eicherworld.com | 93% | β | ||
| ashokleylandlcv.com | 93% | View details | |||
| mahindra.com | 88% | 4.5M | #12,840 | View details | |
| eicher.in | 77% | 36.2K | #977,799 | View details | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 18 similar websites and full traffic analytics for Ashok Leyland
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- 18 similar websites
- Audience overlap
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Top companies in Automotive Manufacturing & Components
3 companies that operate in the same segment as Ashok Leyland (Automotive Manufacturing & Components) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electrical and electronic parts for automobiles are provided by SEDEMAC. | 2007 | Pune, Maharashtra, India | USD 26.22 M | USD 32.69 M | 415 | |
Manufacturer of petrol, CNG, diesel and electric last mile mobility 3 & 4 wheelers, passenger, and cargo vehicles | 1994 | Mumbai, Maharashtra, India | USD 137.89 M | USD 17.06 B | 33,980 | |
Lithium-ion batteries for electric vehicles are manufactured across categories. | 2006 | Gurugram, Haryana, India | USD 34.18 M | 177 |
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Related news about Ashok Leyland
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Frequently Asked Questions about Ashok Leyland
Ashok Leyland was founded in 1948 and raised its 1st funding round 66 years after it was founded.
Ashok Leyland is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Vinod Dasari is the CEO of Ashok Leyland, as recorded in our data.
Ashok Leyland has 34,870 employees.
The primary company behind Ashok Leyland, Ashok Leyland Limited, reported revenue of βΉ57,999 Cr for FY 2026, up 14% year on year.
Ashok Leyland was established in 1948 in Chennai, India, within the automotive sector. Commercial vehicles, such as buses and trucks, are produced for transportation needs. Operations span manufacturing and distribution, primarily in India, with exports to various global markets. The company is led by Co-CEOs Vinod Dasari and Shenu Agarwal, alongside CFO Balaji Kidambi Mani, overseeing financial and strategic functions.
Ashok Leyland's top competitors include Mahindra, Eicher Motors and Infraprime Logistics Technologies.
Ashok Leyland offers Trucks, Buses, Light Vehicles, Power Solutions, and Defence Vehicles.
Yes, Ashok Leyland is publicly traded on NSE under the ticker symbol ASHOKLEY.
Ashok Leyland is associated with 6 legal entities: Ashok Leyland Limited, Ashley Aviation Limited, Vishwa Buses And Coaches Limited and others.
The legal entities of Ashok Leyland currently have 39 directors, including Shom Ashok Hinduja, Sanjay Khatau Asher, Saugata Gupta and others.
Yes. Ashok Leyland publishes AL ServiceMandi Fleet Manager and 1 more app, with over 110,000 downloads.

