246.2500 -3.55 (-1.42%)
NSE Jul 11, 2025 15:31 PM
Volume: 5.4M
 

Motilal Oswal
9 September 2020 primarily due to liquidation of BS-IV inventory, which led to decline in inventory by INR14.5b YoY to INR12.4b in FY20. This resulted in inventory days declining by 10 days YoY to 37 days. Thus, earnings to Standalone free cash flow (post interest) remained negative at During FY20, the company capitalized expenses of INR2.9b, 43.6%/3.8% of R&D;/gross block). This primarily pertains to BSVI, AVTR (Modular Platform) and the LCV project. These mainly comprised (a) employee benefit expense of INR0.7b, (b) finance cost of INR0.3b, and (c) other expense of INR3.6b. Total intangibles mainly due to in-house developed technical knowhow of INR8.2b.
Ashok Leyland Ltd. has an average target of 250.00 from 10 brokers.
More from Ashok Leyland Ltd.
Recommended