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Ashok Leyland stock: key metrics
ASHOKLEY.NSAshok Leyland had an operating margin of 19.3% and a return on invested capital (ROIC) of 13.1% in fiscal 2026.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 13 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2007 | 8.5% | 7.5% | 5.3% |
| 2008 | 10.6% | 9.0% | 6.1% |
| 2009 | 32.8% | 14.9% | 2.8% |
| 2010 | 28.1% | 8.7% | 5.8% |
| 2011 | 25.7% | 8.5% | 5.6% |
| 2012 | 25.0% | 7.1% | 4.5% |
| 2013 | 24.6% | 4.1% | 3.6% |
| 2014 | 27.5% | −1.0% | −1.5% |
| 2015 | 30.6% | 2.2% | 0.9% |
| 2016 | 32.7% | 12.2% | 3.3% |
| 2017 | 34.1% | 13.2% | 7.1% |
| 2018 | 33.9% | 14.0% | 6.0% |
| 2019 | 33.6% | 14.7% | 6.3% |
| 2020 | 38.4% | 14.3% | 1.5% |
| 2021 | 37.5% | 12.3% | −0.9% |
| 2022 | 32.3% | 10.1% | −1.4% |
| 2023 | 30.3% | 11.7% | 3.0% |
| 2024 | 35.5% | 16.5% | 5.5% |
| 2025 | 38.4% | 18.1% | 6.4% |
| 2026 | 39.6% | 19.3% | 6.2% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2007 | 23.3% | 24.6% | 9.8% |
| 2008 | 21.8% | 25.4% | 8.4% |
| 2009 | 5.5% | 24.3% | 2.4% |
| 2010 | 11.5% | 9.4% | 4.6% |
| 2011 | 15.9% | 12.6% | 6.0% |
| 2012 | 13.4% | 10.6% | 4.7% |
| 2013 | 9.7% | 5.7% | 3.3% |
| 2014 | −4.1% | −0.8% | −0.9% |
| 2015 | 3.0% | 2.1% | 0.7% |
| 2016 | 13.0% | 11.1% | 3.1% |
| 2017 | 24.9% | 16.2% | 6.0% |
| 2018 | 23.7% | 15.5% | 5.3% |
| 2019 | 23.8% | 16.0% | 5.3% |
| 2020 | 4.3% | 7.0% | 0.9% |
| 2021 | −2.1% | 6.3% | −0.4% |
| 2022 | −4.9% | 7.1% | −0.8% |
| 2023 | 14.5% | 9.1% | 2.3% |
| 2024 | 27.6% | 12.1% | 3.7% |
| 2025 | 25.4% | 13.0% | 3.8% |
| 2026 | 24.4% | 13.1% | 3.4% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 31 Mar 2026
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = ₹94.0836)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 4 Apr 2025)
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.