|
13 Jul 2025 |
Ashok Leyland
|
Consensus Share Price Target
|
246.25 |
267.89 |
- |
8.79 |
buy
|
|
|
|
|
26 May 2025
|
Ashok Leyland
|
BOB Capital Markets Ltd.
|
246.25
|
276.00
|
239.89
(2.65%)
|
12.08 |
Buy
|
|
|
Q4FY25 revenue grew 6%/26% YoY/QoQ to Rs 119.1bn, aided by volume gains of 4%/27% YoY/QoQ, while realisations stay put
|
|
05 Mar 2025
|
Ashok Leyland
|
Geojit BNP Paribas
|
246.25
|
251.00
|
209.21
(17.70%)
|
Target met |
Buy
|
|
|
|
|
13 Feb 2025
|
Ashok Leyland
|
BOB Capital Markets Ltd.
|
246.25
|
274.00
|
217.07
(13.44%)
|
11.27 |
Buy
|
|
|
Q3FY25 revenue grew 2%/8% YoY/QoQ to Rs 94.76bn, helped by realisation gains of 4%/6% YoY/QoQ while volume was listless
|
|
13 Feb 2025
|
Ashok Leyland
|
Anand Rathi
|
246.25
|
260.00
|
217.07
(13.44%)
|
5.58 |
Buy
|
|
|
Surpassing our Rs11.3bn estimate on more-than-expected revenue and less-than-anticipated other expenses, Ashok Leyland’s Q3 EBITDA grew 9% y/y to Rs12.1bn.
|
|
13 Feb 2025
|
Ashok Leyland
|
Prabhudas Lilladhar
|
246.25
|
244.00
|
217.07
(13.44%)
|
Target met |
Accumulate
|
|
|
|
|
13 Feb 2025
|
Ashok Leyland
|
Axis Direct
|
246.25
|
245.00
|
217.07
(13.44%)
|
Target met |
Buy
|
|
|
We maintain our BUY rating on the stock.
|
|
13 Feb 2025
|
Ashok Leyland
|
Prabhudas Lilladhar
|
246.25
|
244.00
|
217.07
(13.44%)
|
Target met |
Accumulate
|
|
|
Ashok Leyland's reported strong Q3FY25 performance with revenue growth being 3% better than PLe/consensus estimates. During Q3FY25, its volume decline by 1.4% YoY, however, realization increased by 3.7% YoY with the main cause being discipline on discounts, better mix of M&HCV products and healthy spares revenue. EBITDA margin was better than PLe/consensus expectations (12.1%/11.9%) at 12.8%, aided by cost mitigating measures to drive overall profitability. Sharp decline in other income was offset by decline in interest...
|
|
16 Dec 2024
|
Ashok Leyland
|
Sharekhan
|
246.25
|
268.00
|
234.84
(4.86%)
|
8.83 |
Buy
|
|
|
We reiterate our BUY rating on Ashok Leyland (ALL) on (1) its focus on profitability over plain vanilla volume growth strategy, (2) sustaining EBITDA margin over the 10% mark, (3) passing on cost inflation to customers to save profitability
|
|
11 Nov 2024
|
Ashok Leyland
|
BP Wealth
|
246.25
|
|
224.34
(9.77%)
|
|
Results Update
|
|
|
|
|
11 Nov 2024
|
Ashok Leyland
|
Axis Direct
|
246.25
|
250.00
|
224.34
(9.77%)
|
Target met |
Buy
|
|
|
We upgrade our rating from HOLD to BUY on the stock from a long term perspective
|
|
09 Nov 2024
|
Ashok Leyland
|
Emkay
|
246.25
|
275.00
|
221.89
(10.98%)
|
11.68 |
Buy
|
|
|
Despite muted volumes in 2Q, AL reported 100bps margin expansion to 11.6% on sustained pricing discipline, material cost controls, and growth in the non-MHCV portfolio.
|
|
09 Nov 2024
|
Ashok Leyland
|
BOB Capital Markets Ltd.
|
246.25
|
279.00
|
221.89
(10.98%)
|
13.30 |
Buy
|
|
|
Q2FY25 revenue grew 9% YoY to Rs 87.6bn (up 2% QoQ), helped by flat realisations YoY while volume fell by 9%
|
|
08 Nov 2024
|
Ashok Leyland
|
Sharekhan
|
246.25
|
268.00
|
221.89
(10.98%)
|
8.83 |
Buy
|
|
|
With sharp gross margin expansion and healthy traction in non-vehicle business ALL beats estimates in Q2FY25.
|
|
10 Sep 2024
|
Ashok Leyland
|
Sharekhan
|
246.25
|
285.00
|
248.25
(-0.81%)
|
15.74 |
Buy
|
|
|
We reiterate our Buy recommendation on Ashok Leyland Ltd (ALL) based on healthy momentum in the MHCV industry in H2FY25 as compared to the first half.
|
|
02 Aug 2024
|
Ashok Leyland
|
Geojit BNP Paribas
|
246.25
|
280.00
|
250.15
(-1.56%)
|
13.71 |
Buy
|
|
|
|
|
29 Jul 2024
|
Ashok Leyland
|
Axis Direct
|
246.25
|
230.00
|
256.35
(-3.94%)
|
Target met |
Hold
|
|
|
We maintain our HOLD rating on the stock with a limited upside potential.
|
|
28 Jul 2024
|
Ashok Leyland
|
Prabhudas Lilladhar
|
246.25
|
261.00
|
246.38
(-0.05%)
|
Target met |
Accumulate
|
|
|
|
|
26 Jul 2024
|
Ashok Leyland
|
Sharekhan
|
246.25
|
285.00
|
246.38
(-0.05%)
|
15.74 |
Buy
|
|
|
Ashok Leyland Limited’s (ALL) reported revenue missed estimate by mere 1.5%, while EBITDA margin missed estimate by 110 bps due to higher-than-expected other expenses.
|
|
26 Jul 2024
|
Ashok Leyland
|
ICICI Securities Limited
|
246.25
|
146.00
|
246.38
(-0.05%)
|
40.71 |
Sell
|
|
|
Ashok Leyland’s (AL) EBITDAM, at 10.6% (down 350bps QoQ), missed consensus estimate by 60bps, due to weaker operating leverage, with Q1 being a seasonally weak quarter and one-off costs driven by battery pack/module.
|
|
25 Jul 2024
|
Ashok Leyland
|
Motilal Oswal
|
246.25
|
285.00
|
232.43
(5.95%)
|
15.74 |
Buy
|
|
|
Ashok Leyland’s (AL) 1QFY25 result was a miss as EBITDA margin at 10.6% (up 60bp YoY) came in lower than our est. of 12.4% largely due to onetime expenses for the battery pack software.
|