Stocktoria
Ashok Leyland Limited ASHOKLEY.NS
Ashok Leyland Limited (ASHOKLEY.NS) earns a Piotroski F-score of 4/9 (mixed financial health), with an Altman Z″ in the grey zone. It pays a dividend yielding 1.88% (safety: moderate). FY2026 revenue was ₹560.8B at a 6.2% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Analyst price target
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Forward estimates · earnings calendar →
Consensus analyst estimates and scheduled dates — forward-looking, may change.
How it ranks in Industrials · percentile among 186 companies
Percentile vs other Industrials companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 4/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · grey zone
| Component | Value |
|---|---|
| Working capital / assets | 0.105 |
| Retained earnings / assets | 0.076 |
| EBIT / assets | 0.109 |
| Equity / liabilities | 0.173 |
About Ashok Leyland Limited
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.
FAQ
Is ASHOKLEY.NS financially healthy?
Ashok Leyland Limited's Piotroski F-score is 4/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the grey zone.
Does ASHOKLEY.NS pay a dividend, and is it safe?
Yes. Ashok Leyland Limited pays a dividend yielding about 1.88% with a 52.9% payout ratio, rated “moderate” for safety.
How profitable is ASHOKLEY.NS?
In FY2026, Ashok Leyland Limited had a net margin of 6.2% and a return on equity of 24.4%.
Is ASHOKLEY.NS overvalued or undervalued?
Ashok Leyland Limited trades at about 27.8× trailing earnings — near its 10-year norm (10-year range 21.3×–34.7×, median 27.4×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for ASHOKLEY.NS?
The average Wall-Street price target for Ashok Leyland Limited is ₹183.47, about 11.7% above the recent price, from 32 analysts (consensus: buy).
Is ASHOKLEY.NS a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on Ashok Leyland Limited: a Piotroski F-score of 4/9, an Altman Z″ in the grey zone, a P/E of about 28.1×, a dividend yield of 1.88%. Weigh these quality and valuation signals against your own goals.
Computed from company filings · IN · as of 2026-03-31. Figures in INR. Facts plus Stocktoria's own computed scores — not investment advice.