Ashok Leyland Share Price Target 2024-2030 Today Update, Business Profile, Fundamentals & Quarterly Results

An Indian automaker is Ashok Leyland Limited, also known as Hindujana Autonava Matar Ltd. It makes light commercial vehicles and power supply systems, as well as heavy and medium commercial vehicles and their parts. It has producing destinations in Joined Middle Easterner Emirates, Sri Lanka, Bangladesh, Nigeria, Joined Realm and Kenya including India too. The firm has joint endeavors with Alteams Gathering for creation of high-press kick the bucket projecting expelled aluminum parts utilized in cars or broadcast communications fields on one hand and John Deere on the other for development hardware creation.

Ashok Leyland Share Price Target 2024-2030

Ashok Leyland is a well-known company that has long been present in the domestic market for medium and heavy commercial vehicles (M&HCV). It is a member of the Hinduja group. Due to its strong brand, diverse distribution and service networks throughout India, and market reach that spans fifty countries, it has become one of the most fully integrated manufacturing companies. Chennai is where its principal office is found. Laying out driver preparing foundations all through India, they have prepared in excess of 800000 drivers since they started.

Ashok Leyland Share Price Target Today Update

Putting resources into stocks requires careful examination and evaluation. This blog provides unique insights into the Ashok Leyland share price intention from 2024 to 2030 if you are considering purchasing shares. To ensure that you have received the information you need to make a valid funding request, our evaluation is solely based on the business’s expansion, fundamental performance, and future possibilities. Ashok Leyland’s focus on expanding its product line and entering new markets suggests significant future capacity expansion.

What Is Ashok Leyland?

Ashok Leyland is a company in India that makes automobiles and has its headquarters in Chennai, Tamil Nadu. Laid out in 1948, it is the second one-biggest modern auto maker in India, the fourth biggest maker of transports inside the worldwide, and the nineteenth greatest producer of vehicles universally. Ashok Leyland is a marvelous player in the vehicle venture, that work in modern vehicles which incorporates engines and transports. The business has a various portfolio and has taken breathtaking steps in expanding its commercial center presence each locally and across the world.

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Ashok Leyland Business Profile

The Association is the second greatest business vehicle maker in India concerning weighty and medium trucks, overall positions as the fourth transport producer and 15th biggest producer of lorries.

• M&HCV Truck Segment: The company’s sales in India’s M & HCV Trucks (excluding Defence vehicles) segment increased by approximately 44% in FY22. CNG models were added to its item portfolio in the ICV trucks section to satisfy the flood in need for elective fills for online business and last-mile conveyance applications.
• M&HCV Bus Segment: With the exception of defense vehicles, the company’s sales in the Indian M&HCV Bus segment increased by approximately 11% during the fiscal year 2022. With this, it procured a critical part of around 27% in the M&HCV Transport and Truck area.
• LCV Segment: The Co. is giving the best SSI/CSI in the business with least deformity item, low guarantee cost and high help maintenance with 547 outlets it has, to such an extent that it has a help piece of the pie of 70%. It points sending off 3 new homegrown market items in FY 23.
• Defense: The organization’s stock was at an unsurpassed high with 1,125 totally developed units (CBUs) which included impenetrable vehicles as well as 600 packs. In record time under crisis acquirement by the Indian Armed force, it executed 711 ambulances in full. Besides, it is broadening its item range in light vehicles, new applications on the Super Steed stage and commodity market explicit items.
• Distribution Network: The Co. added 71 new outlets during FY22, expanding the absolute build up to 907 essential touch focuses. It opened more than half of the new locations in the Northern and Eastern parts of India to keep up with the growing number of commercial vehicles there.

Ashok Leyland Fundamentals & Quarterly Results

Market Cap	₹ 72,348 Cr.
Current Price	₹ 246
High / Low	₹ 249 / 158
Stock P/E	29.0
Book Value	₹ 30.7
Dividend Yield	2.01 %
ROCE	15.0 %
ROE	28.4 %
Face Value	₹ 1.00
Debt to equity	4.53
Debt Capacity	-0.51
Debt preceding year	₹ 31,161 Cr.
Debt	₹ 40,802 Cr.
Reserves	₹ 8,711 Cr.
EPS	₹ 8.34
EPS last year	₹ 8.46
Pledged percentage	22.1 %
FCF Prev Ann	₹ -5,353 Cr.
EV/EBITDA	12.6
Industry PE	28.8
PEG Ratio	7.17
Piotroski score	5.00
Earnings yield	7.08 %
Sales growth 5 Years	6.64 %

Ashok Leyland Quarterly Results

Quarter	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Sales	8,470	9,600	10,400	13,203	9,691	11,429	11,093	13,578	10,724
Expenses	7,701	8,580	9,055	11,245	8,183	9,559	9,131	10,975	8,856
Operating Profit	770	1,020	1,344	1,958	1,509	1,870	1,961	2,603	1,868
OPM %	9%	11%	13%	15%	16%	16%	18%	19%	17%
Other Income	5	32	36	97	53	-1	46	-25	36
Interest	467	499	545	582	655	715	783	829	904
Depreciation	212	209	220	259	227	227	241	233	235
Profit before tax	96	344	615	1,214	679	927	984	1,516	765
Tax %	77%	46%	43%	34%	14%	39%	38%	38%	28%
Net Profit	22	186	351	803	584	569	609	934	551
EPS in Rs	0.02	0.56	1.09	2.56	1.85	1.79	1.91	2.91	1.73

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CAGR Report

	10 Years	5 Years	3 Years	TTM / Last Year
Compounded Sales Growth	14%	7%	33%	9%
Compounded Profit Growth	21%	4%	206%	44%
Stock Price CAGR	22%	28%	27%	37%
Return on Equity	13%	10%	16%	28%

Ashok Leyland Shareholding Pattern

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Jun 2024
Promoters	51.27%	51.12%	51.54%	51.54%	51.54%	51.53%	51.52%	51.52%
FIIs	23.26%	19.06%	16.94%	18.08%	13.45%	14.85%	21.45%	22.03%
DIIs	11.07%	10.00%	14.98%	16.72%	21.94%	22.15%	12.23%	14.12%
Government	0.08%	0.08%	0.08%	0.08%	0.08%	0.07%	0.07%	0.07%
Public	14.32%	19.74%	16.46%	13.58%	12.99%	11.40%	14.72%	12.24%
No. of Shareholders	4,81,404	8,62,936	9,51,725	10,05,180	12,42,008	11,18,107	14,91,397	14,75,874

Ashok Leyland Share Price Target 2024-2030 Forecast

Year	Initial Target	Mid-Year Target	Year-End Target
2024	₹280.06	₹331.65	₹362.61
2025	₹370	₹348	₹415
2026	₹423	₹397	₹474
2027	₹483	₹454	₹542
2028	₹553	₹519	₹620
2029	₹632	₹595	₹711
2030	₹725	₹682	₹813

Ashok Leyland Share Price Target 2025

Month	Target
January	₹370
February	₹377
March	₹385
April	₹372
May	₹360
June	₹348
July	₹362
August	₹376
September	₹391
October	₹399
November	₹407
December	₹415

Ashok Leyland Share Price Target 2026

Month	Target
January	₹423
February	₹431
March	₹440
April	₹425
May	₹411
June	₹397
July	₹413
August	₹430
September	₹447
October	₹456
November	₹465
December	₹474

ASHOKLEY Share Price Target 2027

Month	Target
January	₹483
February	₹493
March	₹503
April	₹486
May	₹470
June	₹454
July	₹472
August	₹491
September	₹511
October	₹521
November	₹531
December	₹542

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Ashok Leyland Share Price Target 2028

Month	Target
January	₹553
February	₹564
March	₹575
April	₹556
May	₹537
June	₹519
July	₹540
August	₹562
September	₹584
October	₹596
November	₹608
December	₹620

Ashok Leyland Share Price Target 2029

Month	Target
January	₹632
February	₹645
March	₹658
April	₹636
May	₹615
June	₹595
July	₹619
August	₹644
September	₹670
October	₹683
November	₹697
December	₹711

Ashok Leyland Share Price Target 2030

Month	Target
January	₹725
February	₹740
March	₹755
April	₹730
May	₹706
June	₹682
July	₹709
August	₹737
September	₹766
October	₹781
November	₹797
December	₹813

Final Words

The efficiency of Ashok Leyland’s operations, the potential for growth in its profit margin, and the company’s stock price history are all included in the share price target analysis. Ashok Leyland is a very presumed brand in the assembling of business vehicles like Transports and Trucks. It produces the most number of transports in India and has been among the main four worldwide. The organization with Tamilnadu and the Gujarat State Transport Department has given a gigantic lift to the validity of this Global Indian organization, hence inspiring the Ashok Leyland Offer cost.