| Margins | EBITDA margin 10.1%; commodity headwinds expected to peak in Q2. |
|---|---|
| Order book | Switch Mobility has healthy order book of 2,100 e-buses. |
| Demand visibility | Strong momentum in June/July; positive sentiment for Q2. |
Growth
Q1 revenue rose 10% YoY to INR 9,634 crores; MHCV truck volume grew 15%; LCV offtake grew 21%.
Outlook
Capex planned at INR 900-1,000 crores for new technologies; expects high single-digit industry growth for FY27.
Risks
Elevated commodity prices and supply chain disruptions are impacting gross margins; GCC exports face logistical challenges.
Last quarter's promises, checked
Delivered
- Guided Switch India profitability → achieved net profitability in FY26 (= BEAT)
- Guided record LCV volumes → achieved highest ever 74,322 units (= BEAT)
- Guided teen EBITDA bracket → achieved 13% for full year (= BEAT)
Partly delivered
- Guided INR 1,000cr FY26 Capex → delivered INR 1,050cr (= PARTIAL)
- Guided 1% price hike recovery → recovered 1% but margins hit by 80bps material cost rise (= PARTIAL)
Missed
- Guided Q1 export normalization → volumes marginally lower due to logistics (= MISS)
Investor Presentation filed with NSE, NSE: ASHOKLEY. Summary written with AI assistance from the document.
Ashok Leyland Ltd: key numbers
- Share price
- ₹159.08
- Market cap
- ₹93,441 Cr
- Revenue (annual)
- ₹56,362 Cr
- Net profit (annual)
- ₹3,471 Cr
- P/E (TTM)
- 26.9×Sector 33.6×
- Promoter holding
- 51.51%+0.00% QoQ
- FII holding
- 20.67%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Ashok Leyland Ltd
All →Ashok Leyland Credit Rating
CARE Ratings reaffirmed Ashok Leyland's credit ratings on ₹6,000 Crore of debt facilities. Long-term bank facility and NCD ratings were withdrawn for unavailed or repaid amounts.
Ashok Leyland Q1 FY27 Results: Net Profit ₹667.8 Cr, Up 1.5% YoY
Ashok Leyland Ltd reported revenue from operations of ₹13,070 Cr (+11.6% YoY) and net profit of ₹667.8 Cr (+1.5% YoY) for Q1 FY27.
- Key figure
- Net profit ₹667.8 Cr · +1.5% YoY
Ashok Leyland Earnings Call: Key Takeaways
Ashok Leyland achieved record FY26 performance with all-time high volumes, revenue, and EBITDA. Strategy focuses on premiumization, electric mobility via Switch, and expanding service touchpoints.
Ashok Leyland Q4 FY26 Results: Net Profit ₹1,381 Cr, Up 10.9% YoY
Ashok Leyland Ltd reported revenue from operations of ₹17,246 Cr (+17.4% YoY) and net profit of ₹1,381 Cr (+10.9% YoY) for Q4 FY26.
- Key figure
- Net profit ₹1,381 Cr · +10.9% YoY