Ashok Leyland Share Price Target 2025, 2026, 2028, 2030, 2035

Ashok Leyland Share is in a bullish trend in the share market. During share ups and downs, you should know all about the share details before investing. In this blog, we are going to discuss the Ashok Leyland Share Price Target 2025, 2026, 2028, 2030, and 2035. We will try to analyze the share base in the company’s overall performance.

We also look at the company’s profit growth in the last 5 years, the last 5 years’ sales growth, and the last 5 years’ ROE percentage. Similarly, we also compare the share growth, the share price return, amount whether the share has increased or decreased over the last 5 years. We also take advice from experts about when we should invest in the share, which may be helpful for you. Let’s have a look at the Ashok Leyland Share Price Target from 2025 to 2035.

Overview Of Ashok Leyland Limited

Ashok Leyland Limited is an Indian multinational automotive manufacturer with its headquarters in Chennai. The company was founded in the year 1948 as Ashok Motors, which became Ashok Leyland in the year 1955 after a collaboration with British Leyland. Asok Leyland is the second-largest manufacturer of commercial vehicles in India.

Fundamental Analysis Of Ashok Leyland Limited

Company Name	Ashok Leyland Limited
Market Cap	₹70,478.96 Crore
Book Value	₹40.29
Face Value	₹1
52 Week High	₹265.38
52 Week Low	₹190.40
DIV. YIELD	2.69%
ROE	30.69%
P/E	21.02
P/B	6.09

Last Few Years’ Performance Of Ashok Leyland Limited

Profit Growth

• In the last 5 years, 5.89%
• In the last 3 years, 118.01%
• In the last 1 year, 90.36%

The company’s Net Profit was ₹1,410.51 Crore in March 2023, which increased to ₹2,714.09 Crore in March 2024. The company’s Operating Profit was ₹2,95638 Crore in March 2023, which increased to ₹4,715.90 Crore in March 2024.

Sales Growth

The company’s sales growth percentage over the last 5 years is described below.

• In the last 5 years, 5.68%
• In the last 3 years, 36.29%
• In the last 1 year, 6.39%

The Net Sales amount of the company was ₹9,512.06 Crore in December 2024, which increased to ₹11,907.68 Crore in March 2025.

ROE Percentage

The ROE percentage growth of the company in the last 5 years is described below.

• In the last 5 years, 11.05%
• In the last 3 years, 18.92%
• In the last 1 year, 22.06%

ROCE Percentage

The ROCE percentage growth of the company in the last 5 years is described below.

• In the last 5 years, 13.85%
• In the last 3 years, 22.68%
• In the last 1 year, 36.59%

Total Expenditure Amount

The company’s Total Expenditure was ₹33,256.38 Crore in March 2023 and increased to ₹33,795 Crore in March 2024.

The Net Cash Flow Amount

The Net Cash Flow amount of the company was ₹-541.29 Crore in March 2023, which increased to ₹1,496.02 Crore in March 2024.

Ashok Leyland Share Price Target 2025

Ashok Leyland Share Price Target 2025 forecast may vary from ₹234.06 to ₹254.69.

Influencing Key Factors Of Ashok Leyland Share Price Target 2025

• Strong Growth Momentum
• Ashok Leyland Limited delivered a robust performance in the financial year 2025, supported by strong growth in domestic medium and heavy commercial vehicle (MHCV) volumes, in line with the broader industry recovery. A key highlight was the sharp uptick in export volumes, which materially contributed to topline growth. The company’s non-core businesses include power solutions, spare parts, and other non-CV segments also maintained strong growth momentum.
• Increase Revenue
• Revenue for the quarter rose 5.7% yearly to ₹119 bn. Operating performance was notably strong, with the EBITDA margin expanding by 91 bps yearly to 15%, aided by improved material costs efficiency, the best in the past eight quarters.
• Operating Plants
• Ashok Leyland Limited operates 6 plants. The company also makes spare parts and engines for industrial and marine applications. It sells about 60,000 vehicles and about 7,000 engines annually. It is the second-largest commercial vehicle company in India.

Month	Ashok Leyland Share Price Target 2025 (1st Price Target)	Ashok Leyland Share Price Target 2025 (2nd Price Target)
June	₹234.06	₹237.39
July	₹235.67	₹244.23
August	₹243.86	₹248.97
September	₹245.33	₹252.03
October	₹235.19	₹241.82
November	₹242.28	₹248.61
December	₹249.37	₹254.69

Also Read – Tata Motors Share Price Target

Ashok Leyland Share Price Target 2026

Ashok Leyland Share Price Target 2026 forecast may vary from ₹249.38 to ₹270.22.

Influencing Key Factors Of Ashok Leyland Share Price Target 2026

• Technical Centre
• Ashok Leyland’s Technical Centre, located at Vellivoyalchavadi (VVC) in the outskirts of North Chennai, near Minjur, is a state-of-the-art product development facility. Apart from modern test tracks and component test labs, it also houses India’s only Six Poster testing equipment.
• The Strategic Sourcing and Corporate Quality Engineering
• The strategic sourcing and corporate quality engineering teams jointly formed a single-window vendor management agency, bringing with them specialized commercial and technical knowledge. Within the centrally negotiated price and share of business, the unit material functions interacted with the approved panel of vendors to “pull” materials in line with their production.
• Case Study On Making A New Supply Chain
• The case gives an overview of the issues concerning the revival of Ashok Leyland effected through the revamp of the supply chain. It outlines how the company is reeling under the weight of recession and staged a comeback by reengineering its inbound and outbound supply chain, which resulted in huge cost savings.

Month	Ashok Leyland Share Price Target 2026 (1st Price Target)	Ashok Leyland Share Price Target 2026 (2nd Price Target)
January	₹249.38	₹252.62
February	₹250.56	₹256.91
March	₹255.05	₹261.29
April	₹259.60	₹264.32
May	₹262.93	₹267.42
June	₹265.39	₹271.03
July	₹267.20	₹274.35
August	₹272.66	₹281.69
September	₹270.35	₹278.77
October	₹250.25	₹258.96
November	₹250.28	₹258.30
December	₹254.60	₹270.22

Ashok Leyland Share Price Target 2028

Ashok Leyland Share Price Target 2028 forecast may vary from ₹292.38 to ₹319.60.

Influencing Key Factors Of Ashok Leyland Share Price Target 2028

• The Strategic Sourcing and Corporate Quality Engineering
• The Strategic Sourcing and Corporate Quality Engineering teams jointly formed a single-window vendor management agency, bringing with them specialized commercial and technical knowledge. Within the centrally negotiated price and share of business, unit material functions interacted with the approved panel of vendors to “pull” materials in line with their production. For the suppliers, this had created a convenient single-point contact with AL for sharing drawings, negotiating prices, and long-term business volumes, and for assistance and consultancy on quality to management issues.
• World-Class Manufacturing Facilities
• The company has seven facilities with a capacity of 150500 per annum. The company has a fully integrated plant at Pantnagar. The company has a fully built bus facility at Alwar and a revamped machining and assembly facility at Ennore. The company operates a PLC, Leeds, UK, which provides a modern assembly line bus body facility, replacing dated facilities used previously by the operator and capable of assembling diesel, hybrid, and electric buses.
• International Operations and Exports
• Exports of commercial vehicles contribute to a 7% share of the company’s total revenue. The company has a presence in SAARC countries like Bangladesh, Sri Lanka, and Nepal, and the Middle East countries, where it exports 3600-4000 units in a year.

Month	Ashok Leyland Share Price Target 2028 (1st Price Target)	Ashok Leyland Share Price Target 2028 (2nd Price Target)
January	₹292.38	₹296.33
February	₹294.51	₹302.52
March	₹281.06	₹286.23
April	₹284.80	₹292.06
May	₹290.65	₹293.19
June	₹289.80	₹295.63
July	₹294.33	₹305.26
August	₹302.82	₹307.19
September	₹306.20	₹314.96
October	₹312.90	₹318.24
November	₹315.92	₹320.46
December	₹314.27	₹319.60

Ashok Leyland Share Price Target 2030

Ashok Leyland Share Price Target 2030 forecast may vary from ₹338.59 to ₹361.09.

Influencing Key Factors Of Ashok Leyland Share Price Target 2030

• Partnership With IIT Madras
• Ashok Leyland and the Indian Institute of Technology Madras signed a memorandum of understanding in 2017 for Ashok Leyland to sponsor the Centre of Battery Engineering at IIT Madras. As part of the agreement, Ashok Leyland partnered with IIT Madras to carry out research and development activities for strengthening battery engineering and related sub-parts, especially for electric vehicles.
• Diesel Generators
• Ashok Leyland offers Diesel Generators manufactured with Ashok Leyland engines and Leypower alternators. Currently, they manufacture 5 to 2250 kVA Silent DG Sets.
• Defence Systems
• The company is a newly floated company by the Hinduja Group. Ashok Leyland holds 26% in Ashok Leyland Defence Systems. The company designs and develops defence logistics and tactical vehicles, defence communications, and other systems. The company is the largest supplier of logistics vehicles to the Indian Army. It has supplied over 60,000 of its Stallion Vehicles, all manufactured at the Vehicle Factory Jabalpur.

Year	Ashok Leyland Share Price Target 2030
1st Price Target	₹338.59
2nd Price Target	₹361.09

Ashok Leyland Share Price Target 2035

Ashok Leyland Share Price Target 2035 forecast may vary from ₹472.28 to ₹496.55.

Influencing Key Factors Of Ashok Leyland Share Price Target 2035

• Electric Technology
• In 2016, the company launched the country’s first indigenously produced fully electric bus, called Circuit. The bus is a zero-emission vehicle that can run 120 km on a single charge, and has an alert system that can signal if the bus is low on power. The bus will be introduced under the National Electric Mobility Plan with an aim of 20% penetration of electric or Hybrid Vehicles by the year 2020.
• Euro VI Truck
• At the Delhi Auto Expo 2016, the company showcased its first indigenously produced Euro VI truck, 4940. The truck is powered by the company’s flagship range of engines, Neptune, which is an 81 engine that produces 400 hp and 1600 Nm of torque. The truck is designed to meet Euro VI norms.

Year	Ashok Leyland Share Price Target 2035
1st Price Target	₹472.28
2nd Price Target	₹496.55

What Is The Expert Advice About The Investment In Ashok Leyland Share

Positive Sides

• In the last 3 years, the company has been maintaning a good profit growth, which was 118.01%.
• In the last 3 years, the company’s revenue growth was good, which was 36.29%.
• The company has a healthy interest cover ratio of 16.25.
• The company has an efficient cash conversion cycle of -28.29 days.
• The company has good cash flow management, PAT stands at 1.86.
• The company’s PEG ratio is 0.25.
• The company has a good ROCE ratio of 22.68%.
• The company has a strong degree of Operating Leverage, Average Operating Leverage stands at 11.50.

Negative Sides

• Promoter pledging has increased from 30.25% to 41.25% in 1 quarter.
• Promoter pledging is as high as 41.69%.

Peer Company Of Ashok Leyland Limited

Company Name	Market Cap (Crore)
Force Motors	₹16,251.43
SML Isuzu	₹2,740.16
Tata Motors Limited	₹2,59,009.29
Bajaj Auto Limited	₹2,40,155.69
Mahindra & Mahindra Limited	₹3,79,835.85

Discussion About Shareholding Pattern Of Ashok Leyland Limited

Ashok Leyland Limited mainly has four types of shareholding patterns, such as promoter holding, public holding, DII, and FII. Depending on the shareholding pattern, we can majorly influence the company’s growth.

Investor Type	Percentage
Promoter Holding (Owned by the company’s promoter)	51.30%
Public Holding (Held by the public)	10.70%
FII (Invest by Foreign Institutional Investor)	23.50%
DII (Invest money by Domestic Institutional Investor)	14.50%

Also Read – OLA Electric Share Price Target

The Last Few Years’ Share Price Updation Of Ashok Leyland Share

Ashok Leyland Share always gives good returns to investors, which is described in the portion below.

• The last 1 month’s share growth was +11.45 (5.10%).
• The last 6 months’ share growth was +1.62 (0.70%).
• The last 1 year’s share growth was +27.84 (13.50%).
• The last 5 years’ share growth was +187.25 (387.27%).
• The maximum share growth was +234.52 (10,356.92%).

• Ashok Leyland share price return percentage was 6.89% in the last 1 month.
• The last 3 months’ share price return percentage was 14.39%.
• The last 1 year’s share price return percentage was 13.69%.
• The last 3 years’ share price return percentage was 68.10%.
• The last 5 years’ share price return percentage was 416.12%.

FAQ

Conclusion

This website is written to help the investor gain some basic knowledge about the market strategy of Ashok Leyland Share. For making this blog, we take consultation from experts and research the company. It is expected that the Ashok Leyland Share Price Target will be a good choice to invest in on a long-term basis. The demand for the automotive manufacturer sector in India and outside of the country always increases, as a result of which the company and its share may increase rapidly.

We try to give an in-depth idea about the share. If you think it is helpful to you, you can share it. If you have any questions, please let us know through the comment box. We will try to reply to your questions and solve your problem. Thanks for visiting this website and thanks for being with us.

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