Ashok Leyland's Financial Stability Contrasts with High Debt Concerns and Pledged Shares
Ashok Leyland has recently experienced an evaluation adjustment amid stable financial performance for the quarter ending December 2024. The company reported a 12.26% annual growth in net sales and an 18.75% increase in operating profit, despite concerns over its high debt profile and pledged promoter shares.
Ashok Leyland, a prominent player in the auto-trucks industry, has recently undergone an evaluation adjustment reflecting its current market dynamics. The company has reported stable financial performance for the quarter ending December 2024, with net sales demonstrating a consistent annual growth rate of 12.26%. Operating profit has also shown a solid trajectory, registering an annual increase of 18.75%. Despite these positive indicators, Ashok Leyland is characterized by a high debt profile, with a debt-to-equity ratio averaging 3.11 times. This aspect may raise concerns, particularly given that 30.1% of promoter shares are pledged, which has seen a slight increase over the last quarter.
In terms of market positioning, Ashok Leyland has outperformed the BSE 500 index over various time frames, including the past year, where it generated a return of 30.55%. The company's return on capital employed (ROCE) stands at 15.3, indicating a fair valuation relative to its capital employed.
Overall, the recent evaluation adjustment reflects a nuanced view of Ashok Leyland's financial health and market standing.
Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
