Financials of Ashok Leyland Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Ashok Leyland Ltd

Quarterly Results

Quarter-by-quarter operating performance

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales +10,40013,2039,69111,42911,09313,54210,72411,14811,99514,69611,70912,57714,830
Expenses +9,05511,2458,1839,5599,13110,9758,8569,1089,65911,7059,53510,13612,008
Operating Profit1,3441,9581,5091,8701,9612,5671,8682,0402,3362,9912,1732,4412,822
OPM %13%15%16%16%18%19%17%18%19%20%19%19%19%
Other Income +369753-14610362457522103103-140
Interest5455826557157838299049621,0111,0531,1121,1521,200
Depreciation220259227227241233235244268340273268282
Profit before tax6151,2146799279841,5167651,0781,1321,6218911,1241,200
Tax %43%34%14%39%38%38%28%29%28%23%26%27%28%
Net Profit +3518035845696099345517678201,246658820862
EPS in Rs0.541.280.930.900.951.450.871.201.301.921.041.291.38

Financials of Ashok Leyland Ltd

Profit & Loss

Annual income statement trend

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales +11,85915,70821,26022,87129,63633,19721,95119,45426,23741,67345,70348,53553,811
Expenses +11,43714,19118,28119,82625,38728,28718,71816,99223,47236,58037,84839,32743,384
Operating Profit4221,5172,9793,0454,2484,9103,2332,4622,7655,0937,8569,20810,428
OPM %4%10%14%13%14%15%15%13%11%12%17%19%19%
Other Income +613-106-32140619013957207-23016616040588
Interest8058729251,0491,2271,5021,8021,9011,8692,0942,9823,9304,517
Depreciation5305805245736466767508368669009271,0871,163
Profit before tax-300-421,2091,8292,5652,872739-67-2002,2654,1064,5964,836
Tax %-23%415%41%11%29%24%38%4%43%40%34%26%
Net Profit +-222-2057121,6331,8142,195460-70-2851,3592,6963,3833,586
EPS in Rs-0.310.241.202.793.013.540.57-0.28-0.612.114.235.295.63
Dividend Payout %0%96%40%28%40%44%44%-107%-82%62%59%59%

Financials of Ashok Leyland Ltd

Balance Sheet

Capital structure and asset base

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital266285285285293294294294294294294294587
Reserves3,7234,2274,9796,1087,1288,4527,4957,5687,0108,2588,71111,93811,996
Borrowings +8,5009,07011,05413,16815,79119,16822,41724,07724,14531,16140,80249,96254,513
Other Liabilities +5,0356,0115,8067,04810,17111,2127,92410,11912,12514,98417,78819,35218,214
Total Liabilities17,52419,59222,12326,60933,38339,12638,13042,05843,57454,69767,59581,54685,310
Fixed Assets +7,5736,5295,8906,5916,5966,6958,0318,4847,8958,1468,1578,8379,499
CWIP297216872444396785743362402684155771,042
Investments1,1651,4991,0311,9334,3831,4929601,0962,6524,8522,3296,6105,547
Other Assets +8,49111,34815,11517,84121,96530,26128,56532,14332,78741,43056,69565,52369,223
Total Assets17,52419,59222,12326,60933,38339,12638,13042,05843,57454,69767,59581,54685,310

Financials of Ashok Leyland Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +-10495-1,2752701,462-3,745383-1,0652,845-4,499-6,258128
Cash from Investing Activity +-378-124456-1,676-3,1631,897-1,201-973-1,917-2,9041,135-5,759
Cash from Financing Activity +4617811,6607381,9052,3981,2391,331-3787,2818,4326,958
Net Cash Flow-20752841-668205549421-707550-1223,3091,327
Free Cash Flow-397162-1,331-166823-4,841-940-1,7912,443-5,353-7,346-1,471
CFO/OP-2%14%-25%24%48%-61%19%-45%105%-77%-69%14%

Financials of Ashok Leyland Ltd

Ratios

Working capital efficiency and return ratios

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days433125201430255745373125
Inventory Days695850734252427653445049
Days Payable1161087185968890162150968599
Cash Conversion Cycle-5-1958-39-6-22-30-52-16-4-24
Working Capital Days-45-41-23-21-54-13-31-44-52-34-45-32
ROCE %8%17%15%17%16%9%5%6%11%15%14%