---
title: "Ashok Leyland Ltd (ASHOKLEY) — Share Price, Financials & Analysis"
symbol: "ASHOKLEY"
company: "Ashok Leyland Ltd"
canonical: "https://tapetide.com/stocks/ASHOKLEY"
isin: "INE208A01029"
nse_symbol: "ASHOKLEY"
bse_code: "500477"
sector: "Automobiles"
industry: "Commercial Vehicles"
market_cap_cr: 94798.14
generated_at: "2026-09-13T20:35:51.402Z"
---

# Ashok Leyland Ltd (ASHOKLEY)

Canonical page: https://tapetide.com/stocks/ASHOKLEY

## Company

- **NSE Symbol:** ASHOKLEY
- **BSE Code:** 500477
- **ISIN:** INE208A01029
- **Sector:** Automobiles
- **Industry:** Commercial Vehicles
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 1995-05-25
- **CEO:** Mr. Dheeraj Gopichand Hinduja
- **Employees:** 9695
- **Face Value:** ₹1
- **F&O Eligible:** Yes
- **Website:** ashokleyland.com

## About

Ashok Leyland is the flagship Company of the Hinduja group, having a long-standing presence in the domestic medium and heavy commercial vehicle (M&HCV) segment. The company has a strong brand and well-diversified distribution and service network across the country and has a presence in 50 countries, it is one of the most fully-integrated manufacturing companies. Its headquarter is in Chennai [1] 
They manage driver training institutes across India and have trained over 8,00,000 drivers since inception. [1]

## Latest Price

- **Price:** ₹163.75
- **Change:** -2.37 (-1.43%)
- **Open:** ₹163.8
- **Day High:** ₹165.04
- **Day Low:** ₹160
- **Previous Close:** ₹166.12
- **Volume:** 19044403
- **As Of:** 2026-09-11T10:28:39+00:00

## Key Fundamentals

Observed at 2026-09-11T04:33:43.159316Z.

- **Market Cap:** ₹94798.14 Cr
- **Classification:** Midcap
- **P/E (reported):** 26.2
- **P/E (TTM):** 27.66
- **EPS (TTM):** ₹5.92
- **EPS (reported):** ₹8.52
- **Book Value:** ₹24.25
- **Price to Book:** 6.86
- **Dividend Yield:** 2.11%
- **ROE:** 20.06%
- **ROCE:** 14.52%
- **Debt to Equity:** 4.49
- **Revenue (yearly):** ₹56946.9 Cr
- **Net Income:** ₹3721 Cr
- **EBITDA:** ₹11329.8 Cr
- **52-Week High:** ₹215.42
- **52-Week Low:** ₹132.26
- **RSI (14):** 41.85

## Tapetide Score

- **Score:** 39 / 100
- **Score date:** 2026-09-04
- **Archetype:** Cheap but Weak
- **What it means:** A low multiple sitting on weak financials. Worth establishing what the market is discounting before treating the low valuation as an opportunity — weak fundamentals often justify it.
- **Pillar profile:** Quality: Weak · Valuation: Cheap · Momentum: Falling
- **Percentile:** 12 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 11.13 | 9% |
| growth | 50 | 9% |
| momentum | 20.06 | 12% |
| ownership | 50 | 24% |
| quality | 25.1 | 22% |
| valuation | 70.71 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has delivered good profit growth of 84.1% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 28.0%
- Company has been maintaining a healthy dividend payout of 58.9%

### Weaknesses

- Stock is trading at 6.75 times its book value
- Promoters have pledged 40.1% of their holding.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | — | 21.78% | -272.07% |
| ebitda margin growth | -24.55% | 1.69% | 13.07% | 83.75% |
| net income growth | -51.65% | 10% | 45% | 84% |
| revenue growth | -23.81% | 16.47% | 5% | 20% |
| roce | -27.99% | -6.08% | -16.07% | 13.49% |
| roe | -51.66% | -6.04% | 21.41% | -704.22% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 11429 | 11093 | 13542 | 10724 | 11148 | 11995 | 14696 | 11709 | 12577 | 14830 | 17246 | 13070 |
| Expenses | 9559 | 9131 | 10975 | 8856 | 9108 | 9659 | 11705 | 9535 | 10136 | 12008 | 13938 | 10660 |
| Operating Profit | 1870 | 1961 | 2567 | 1868 | 2040 | 2336 | 2991 | 2173 | 2441 | 2822 | 3308 | 2410 |
| OPM % | 16 | 18 | 19 | 17 | 18 | 19 | 20 | 19 | 19 | 19 | 19 | 18 |
| Other Income | -1 | 46 | 10 | 36 | 245 | 75 | 22 | 103 | 103 | -140 | 186 | 195 |
| Interest | 715 | 783 | 829 | 904 | 962 | 1011 | 1053 | 1112 | 1152 | 1200 | 1241 | 1341 |
| Depreciation | 227 | 241 | 233 | 235 | 244 | 268 | 340 | 273 | 268 | 282 | 314 | 315 |
| Profit before tax | 927 | 984 | 1516 | 765 | 1078 | 1132 | 1621 | 891 | 1124 | 1200 | 1940 | 950 |
| Tax % | 39 | 38 | 38 | 28 | 29 | 28 | 23 | 26 | 27 | 28 | 29 | 30 |
| Net Profit | 569 | 609 | 934 | 551 | 767 | 820 | 1246 | 658 | 820 | 862 | 1381 | 668 |
| EPS in Rs | 0.9 | 0.95 | 1.45 | 0.87 | 1.2 | 1.3 | 1.92 | 1.04 | 1.29 | 1.38 | 2.2 | 1.05 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 29636 | 33197 | 21951 | 19454 | 26237 | 41673 | 45703 | 42333 | 48314 | 57723 |
| Expenses | 25387 | 28287 | 18718 | 16992 | 23472 | 36580 | 37848 | 39327 | 45617 | 46741 |
| Operating Profit | 4248 | 4910 | 3233 | 2462 | 2765 | 5093 | 7856 | 3006 | 2697 | 10982 |
| OPM % | 14 | 15 | 15 | 13 | 11 | 12 | 17 | 7 | 6 | 19 |
| Other Income | 190 | 139 | 57 | 207 | -230 | 169 | 160 | 6607 | 8300 | 343 |
| Interest | 1227 | 1502 | 1802 | 1901 | 1869 | 2094 | 2982 | 3930 | 4705 | 4933 |
| Depreciation | 646 | 676 | 750 | 836 | 866 | 900 | 927 | 1087 | 1138 | 1179 |
| Profit before tax | 2565 | 2872 | 739 | -67 | -200 | 2269 | 4106 | 4596 | 5155 | 5213 |
| Tax % | 29 | 24 | 38 | 4 | 43 | 40 | 34 | 26 | 28 | — |
| Net Profit | 1814 | 2195 | 460 | -70 | -285 | 1362 | 2696 | 3383 | 3721 | 3731 |
| EPS in Rs | 3.01 | 3.54 | 0.57 | -0.28 | -0.61 | 2.11 | 4.23 | 5.29 | 5.91 | 5.92 |
| Dividend Payout % | 40 | 44 | 44 | -107 | -82 | 62 | 59 | 59 | 59 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 285 | 293 | 294 | 294 | 294 | 294 | 294 | 294 | 294 | 587 |
| Reserves | 6108 | 7128 | 8452 | 7495 | 7568 | 7010 | 8260 | 8711 | 11938 | 13654 |
| Borrowings | 13168 | 15791 | 19168 | 22417 | 24077 | 24145 | 31161 | 40802 | 49962 | 63936 |
| Other Liabilities | 7048 | 10171 | 11212 | 7924 | 10119 | 12125 | 14965 | 17788 | 19352 | 22527 |
| Total Liabilities | 26609 | 33383 | 39126 | 38130 | 42058 | 43574 | 54679 | 67595 | 81546 | 100704 |
| Fixed Assets | 6591 | 6596 | 6695 | 8031 | 8484 | 7895 | 8129 | 8157 | 8837 | 10435 |
| CWIP | 244 | 439 | 678 | 574 | 336 | 240 | 268 | 415 | 577 | 940 |
| Investments | 1933 | 4383 | 1492 | 960 | 1096 | 2652 | 4852 | 2329 | 6610 | 7467 |
| Other Assets | 17841 | 21965 | 30261 | 28565 | 32143 | 32787 | 41430 | 56695 | 65523 | 81862 |
| Total Assets | 26609 | 33383 | 39126 | 38130 | 42058 | 43574 | 54679 | 67595 | 81546 | 100704 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 270 | 1462 | -3745 | 383 | -1065 | 2845 | -4499 | -6258 | 128 | -4895 |
| Cash from Investing Activity | -1676 | -3163 | 1897 | -1201 | -973 | -1917 | -2904 | 1135 | -5759 | -6986 |
| Cash from Financing Activity | 738 | 1905 | 2398 | 1239 | 1331 | -378 | 7281 | 8432 | 6958 | 11617 |
| Net Cash Flow | -668 | 205 | 549 | 421 | -707 | 550 | -122 | 3309 | 1327 | -264 |
| Free Cash Flow | -166 | 823 | -4841 | -940 | -1791 | 2443 | -5353 | -7346 | -1471 | -7712 |
| CFO/OP | 24 | 48 | -61 | 19 | -45 | 105 | -77 | -69 | 43 | -129 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 20 | 14 | 30 | 25 | 57 | 45 | 37 | 31 | 29 | 23 |
| Inventory Days | 73 | 42 | 52 | 42 | 76 | 53 | 44 | 50 | 49 | 50 |
| Days Payable | 85 | 96 | 88 | 90 | 162 | 150 | 96 | 85 | 99 | 100 |
| Cash Conversion Cycle | 8 | -39 | -6 | -22 | -30 | -52 | -16 | -4 | -21 | -26 |
| Working Capital Days | -21 | -54 | -13 | -31 | -44 | -52 | -34 | -45 | -37 | -49 |
| ROCE % | 15 | 17 | 16 | 9 | 5 | 6 | 11 | 15 | 14 | 14 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 51.53% | 51.53% | 51.52% | 51.52% | 51.52% | 51.52% | 51.52% | 51.52% | 51.51% | 51.51% | 51.51% | 51.51% |
| FIIs | 20.22% | 20.49% | 21.45% | 22.03% | 24.4% | 24.09% | 23.5% | 23.85% | 24.32% | 24.41% | 24.57% | 20.68% |
| DIIs | 16.51% | 14.66% | 12.23% | 14.12% | 12.35% | 13.04% | 14.06% | 13.88% | 13.59% | 13.73% | 13.06% | 15.76% |
| Government | 0.08% | 0.08% | 0.08% | 0.08% | 0.08% | 0.08% | 0.08% | 0.08% | 0.07% | 0.07% | 0.07% | 0.07% |
| Public | 10% | 11.65% | 13.11% | 10.79% | 10.26% | 9.87% | 9.56% | 9.36% | 9.07% | 8.68% | 8.84% | 10.35% |
| Others | 1.67% | 1.6% | 1.61% | 1.46% | 1.41% | 1.41% | 1.28% | 1.32% | 1.44% | 1.6% | 1.94% | 1.63% |
| No. of Shareholders | 1206480 | 1339740 | 1491400 | 1475870 | 1459210 | 1456050 | 1445000 | 1392220 | 1450990 | 1443920 | 1502640 | 1645110 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 5 / 4 / 10

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 168.83 | Sell |
| EMA (10) | 168.53 | Sell |
| SMA (20) | 172.09 | Sell |
| EMA (20) | 169.89 | Sell |
| SMA (50) | 166.64 | Sell |
| EMA (50) | 167.83 | Sell |
| SMA (100) | 162.08 | Buy |
| EMA (100) | 166.35 | Sell |
| SMA (200) | 171.54 | Sell |
| EMA (200) | 162.1 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 38.16 | Neutral |
| MACD (12,26,9) | -0.68 | Sell |
| Stochastic (14,3,3) | 12.39 | Buy |
| ADX (14) | 15.52 | Neutral |
| Williams %R (14) | -82.83 | Buy |
| ATR (14) | 4.19 | Neutral |
| ROC (12) | -8.55 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 48.98 | Neutral |

## Analyst Ratings

| Recommendation | Analysts | Share |
| --- | --- | --- |
| Buy | 17 | 53.13% |
| Hold | 14 | 43.75% |
| Sell | 1 | 3.13% |

Based on 32 analyst ratings, observed at 2026-09-11T04:33:42.950203+00:00.

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-07 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1ed1f74c-6d61-4248-8a99-4f239f74bab8.pdf) |
| 2026-09-01 | [Announcement under Regulation 30 (LODR)-Monthly Business Updates](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e4900bce-f482-4278-8d0d-39cdb5628261.pdf) |
| 2026-08-31 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e107df0a-ec93-48f5-845a-41c57465ba81.pdf) |
| 2026-08-17 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d2e510ca-4487-4efe-bba5-e7990f843dd8.pdf) |
| 2026-08-14 | [Updates On Rotation Of Statutory Auditors](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1e0e311e-3844-46a1-a7a7-9e67c6877312.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Acquisition](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cbe3be7d-f478-4e8a-a631-a3c08620084a.pdf) |
| 2026-08-14 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ca214c13-99c5-4626-90cf-1b4160c7cf0b.pdf) |
| 2026-08-10 | [Announcement under Regulation 30 (LODR)-Allotment](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dbcf0830-cccf-420f-9ade-06c56558a847.pdf) |
| 2026-08-10 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b1551bb4-6c85-41a2-b813-751d04eb9afd.pdf) |
| 2026-08-06 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=49e85f8e-ade1-4211-80cc-1dc1d48ccb38.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-08-21 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=08422255-d722-43b7-8076-cd1725454106.pdf) |
| 2026-06-04 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f872356b-64f1-4724-abe2-b196bd2b41b2.pdf) |
| 2026-02-17 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=410a36e5-83ff-4aec-9393-43663d6e0bd8.pdf) |
| 2025-11-19 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=19a3f6bd-e48c-4a48-9fbb-e727c5bbf7a8.pdf) |
| 2025-08-21 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=689f94d3-7f58-4d2f-ac2f-3ad8541598de.pdf) |
| 2025-05-28 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d25ed8e8-c096-4919-b14b-1b1a488ac72f.pdf) |
| 2025-02-18 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0d3aa1f2-ea99-41c2-87ea-45bfc80036d8.pdf) |
| 2024-11-15 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9be82ea1-1223-45e4-a02a-7745ca87f205.pdf) |
| 2024-08-02 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=47a5c729-8471-4e64-9b12-815afa158163.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-14 | [Unaudited Financial Results For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f68a5bb9-3bc2-4ce1-a129-ac1f2f48afae.pdf) |
| 2026-05-28 | [Financial Results For The Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e6f7c8c3-e7c2-4819-ba2d-3c8c6c646af1.pdf) |
| 2026-02-11 | [Un-Audited Financial Results For The Quarter Ended December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dfc84e14-8395-48e3-857d-14bb59bb9033.pdf) |
| 2025-11-12 | [Unaudited Financial Results For The Quarter And Half-Year Ended September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=23289103-de32-43f1-9760-fd935e805218.pdf) |
| 2025-08-14 | [Unaudited Financial Results For The Quarter Ended June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9039127b-05d0-4b61-ad28-5011eb35d082.pdf) |
| 2025-05-23 | [Audited Financial Results For The FY Ended March 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fded450e-fcbe-4fa0-8148-32cfb266102a.pdf) |
| 2025-02-12 | [Unaudited Financial Results For The Quarter And Nine Months Ended December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a7b35771-ff29-497f-a4e0-f7db4b13868e.pdf) |
| 2024-11-08 | [Financial Results For The Quarter And Half Year Ended September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8cd31f7a-1bf9-42fd-8229-c8586c25a84b.pdf) |
| 2024-07-25 | [Unaudited Financial Results For The Quarter Ended June 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=432b9d54-3e8a-426c-af4c-a0cce682fecc.pdf) |
| 2024-05-24 | [Financial Results For The Year Ended March 31, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cca08a6f-a219-4a89-817c-f2ed94faa133.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2020 | [Concall - Oct 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/334df95d-1093-481f-829e-83aff3e30d48.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/19a3f6bd-e48c-4a48-9fbb-e727c5bbf7a8.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9be82ea1-1223-45e4-a02a-7745ca87f205.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=81d9af88-f09b-46cf-9d71-911fe2dbbb91.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/81d9af88-f09b-46cf-9d71-911fe2dbbb91.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5e0c9f49-5eee-499a-84c0-746ab34d6672.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d25ed8e8-c096-4919-b14b-1b1a488ac72f.pdf) |
| May 2023 | [Concall - May 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a0568a85-cfd2-4097-823f-d2014223dea7.pdf) |
| May 2022 | [Concall - May 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1d64b148-75af-467c-af2f-ce5c4635bf1a.pdf) |
| May 2021 | [Concall - May 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b2d8cf4e-bbf7-4935-b1a4-d6d1fae22c4d.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9h - 1000 physical shares transferred to Giridhar Gupta Somisetty; 6-month lock-in from May 8, 2026. | [Intimation In Terms Of SEBI Circular No. SEBI/HO/MIRSD/DOS3/CIR/P/2018/139 Dated November 6, 2018 9h - 1000 physical shares transferred to Giridhar Gupta Somisetty; 6-month lock-in from May 8, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/66f1eff7-8d99-43ba-bcf5-1c6a51c6be09.pdf) |
| 8 Mar - March 8, 2026: Ashok Leyland says March 6 press conference non-material; share price movement unrelated. | [Rumour verification - Regulation 30(11) 8 Mar - March 8, 2026: Ashok Leyland says March 6 press conference non-material; share price movement unrelated.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3132725f-b837-4232-9570-b87daf244bd4.pdf) |
| 8 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/90c7fc74-cf06-493e-b26f-7a2afc41623f.pdf) |
| 4 May - Ashok Leyland April 2026 sales: domestic vehicles 14,242, total vehicles 14,646, up 14% and 9%. | [Announcement under Regulation 30 (LODR)-Monthly Business Updates 4 May - Ashok Leyland April 2026 sales: domestic vehicles 14,242, total vehicles 14,646, up 14% and 9%.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/151afea0-8faf-4274-979c-3edde6447885.pdf) |
| 4 May - Ashok Leyland April 2026 sales: domestic vehicles 14,242, total vehicles 14,646, up 14% and 9%. | [Announcement under Regulation 30 (LODR)-Monthly Business Updates 4 May - Ashok Leyland April 2026 sales: domestic vehicles 14,242, total vehicles 14,646, up 14% and 9%.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/151afea0-8faf-4274-979c-3edde6447885.pdf) |
| 27 Mar - Trading window closed from April 1, 2026 until 48 hours after audited Q4/FY2026 results. | [Closure of Trading Window 27 Mar - Trading window closed from April 1, 2026 until 48 hours after audited Q4/FY2026 results.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/375ef0bd-7a2b-4bf1-adbe-67d939855003.pdf) |
| 27 Mar - Dr. Gayatri Vyas Dadheech appointed President, Battery Business and SMP, effective March 27, 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 27 Mar - Dr. Gayatri Vyas Dadheech appointed President, Battery Business and SMP, effective March 27, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/05badff8-47fa-4ecd-b8ae-a542f4e98f86.pdf) |
| 21 Apr - Ashok Leyland appoints Ajay Pratap Singh as General Counsel, effective April 21, 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 21 Apr - Ashok Leyland appoints Ajay Pratap Singh as General Counsel, effective April 21, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7e2320e9-99d9-4ead-8933-706a974ec465.pdf) |
| 20 Mar - Approved investment up to GBP30 million (~₹375 Cr) in Optare Plc; completion by March 31, 2026. | [Announcement under Regulation 30 (LODR)-Acquisition 20 Mar - Approved investment up to GBP30 million (~₹375 Cr) in Optare Plc; completion by March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c2efc4d7-e9b3-4c9f-97c3-16a05068e65f.pdf) |
| 2 Mar - Feb 2026 vehicles: Domestic 20,314; Domestic+exports 22,157; YoY growth ~24–28%; cumulative 1,95,056. | [Announcement under Regulation 30 (LODR)-Monthly Business Updates 2 Mar - Feb 2026 vehicles: Domestic 20,314; Domestic+exports 22,157; YoY growth ~24–28%; cumulative 1,95,056.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/04c776c8-dbd3-40f0-8f34-5ede59d8b898.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f76e42f9-86c6-4fad-a880-8b9b12ed2dd6.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/eaec3731-2e89-4115-bfe8-7d6c80323324.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2ff1a8a1-f253-4fdb-afc0-2b9544fd5094.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/81c97bce-6af2-475d-a4c3-5c76934179e1.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/29c4b5d8-28d1-4e37-994f-2a8a20a41456.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/500477/73509500477.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport//73248513010.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/500477/69484500477.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport//68942513010.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/500477/5004770320.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2024-02-13 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5a8dd3ba-1c6b-4a4d-9310-30fb3e600e91.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2024-02-06 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=91b1f75f-2946-40bb-a6b5-59a2bb8c25e4.pdf) |
| 2023-05-26 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c92e3cd7-7db3-4f6f-a6aa-6f27fc09a303.pdf) |
| 2023-02-03 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fe94bc3d-7eee-4c7f-b19f-2e848f3ccc28.pdf) |
| 2022-11-12 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0287b98f-9414-43b4-9e66-dc8c43fcfea8.pdf) |
| 2022-05-20 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a11178c0-b99d-45fb-b382-770a7a5080b6.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T20:35:51.402Z.
