Ashok Leyland Ltd.
ASHOKLEY · NSE · Industrials
With a 20% margin of safety, our buy-below price is ₹296.33. Low-confidence estimate — limited data.
Piotroski F-score 2/9 — quality of earnings & balance sheet.
Investability checklist
- ✓ROE above 15%21.6%
- ✕Low debt (D/E < 0.5)3.45x
- ✕Positive free cash flow
- ✓Revenue growth > 10%17%
- ✓Earnings growing25%
- ✕Net margin ≥ 10%6.2%
- ✕Current ratio > 1.51.32
- ✓Below our fair value
- ✓Margin of safety ≥ 20%
- ✕Above 200-day average
- ✕Above 50-day average
- –Positive 1-year return
- ✕Altman Z in safe zoneZ 1.32
- ✕Piotroski ≥ 72/9
1-year price
EOD · 2026-06-15Our scores
Key fundamentals
SWOT snapshot
Strengths
- •Strong return on equity (21.6%).
Weaknesses
- •High debt relative to equity.
- •Price below its 200-day moving average (downtrend).
- •Weak Piotroski score (2/9).
Opportunities
- •Earnings growing (25% YoY).
- •Revenue growing (17% YoY).
- •Trading in our value buy zone versus sector peers.
- •Trades ~135% below our estimated fair value.
Threats
- •Balance-sheet stress — Altman Z 1.32.
About Ashok Leyland Ltd.
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 gen
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Our verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.