Ashok Leyland Share analysis & news

Ashok Leyland

Video:


Latest Trading Price

Rs 51

52-wk high91.00
52-wk low33.70


Auto sector is impacted heavily due to Coronavirus.

Debts Issues

Giant company but currently facing liquidity issues.

Ashok Leyland is planning to raise Rs 200 crore by issuing NCD.

Already Rs 400 crore is raised with NCDs last month.

Net Debt – Rs 2,028

Working with bank to generate Working Capital Lines & Long Term Credit Lines.


Sales Volume

Sales in down 90% YoY to 1,277 units in May, 2020.

Sale of LCV is down from 4143 in May 2019 to 1126 in May 2020.

April 2020 sale in almost zero.


Company is positive for future:

  • Demand will increase
  • Increase in State Transport spending.
  • Incentive-based vehicle scappage policy.
  • GST down from 28% to 18%, for temporary duration.


Ashok Leyland Financials

AnnualMAR 2019MAR 2018
Sales33,196.8429,619.57
Net Profit2,183.321,819.98
Cash & Short Terms Investments2,4104,646
Long Term Debt10,22013,000


Shareholding Pattern

StandaloneMarch 2020
Promoters45.36
Pledged9.26
MF11.07
Fin.Insts2.6


Disclaimer: These is only for educational purpose don’t use this information for investment, contact your financial advisor and make your own assessment before making any investment.


Leave a Comment

Your email address will not be published. Required fields are marked *