Ashok Leyland Limited

Ashok Leyland Ltd announced reaffirmations of credit ratings from ICRA Limited on October 09, 2026, concerning various instruments totaling Rs 7,379.38 crore. These reaffirmed ratings include [ICRA]A1+ for the Commercial Paper of Rs 2000.00 crore, [ICRA]AA+ (Stable) for the Non-Convertible Debenture of Rs 200.00 crore, [ICRA]AA+ (Stable) for the Non-Convertible Debenture of Rs 300.00 crore, [ICRA]AA+ (Stable)/[ICRA]A1+ for Long-term/Short-term - Fund-based limits of Rs 2,000.00 crore, [ICRA]AA+ (Stable)/[ICRA]A1+ for Long-term/Short term - Non-fund-based - Others of Rs 1,500.00 crore, [ICRA]AA+ (Stable) for Long-term – Fund-based - Term loan of Rs 629.38 crore, [ICRA]AA+ (Stable)/[ICRA]A1+ for Long-term/Short-term - Unallocated limits of Rs 750.00 crore, with no enhancements, assignments, or withdrawals noted by ICRA Limited.

Ashok Leyland Limited submitted a certificate to the National Stock Exchange of India Limited and BSE Limited, confirming receipt of a confirmation certificate from Integrated Registry Management Services Private Limited, its registrar and share transfer agent, for the quarter ended September 30, 2026, as per Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018.

Ashok Leyland Limited reported domestic sales of 14,746 M&HCV vehicles for September 2026, a 40% increase compared to 10,499 units sold in September 2025, with a cumulative figure for the year reaching 65,632 vehicles, up 26% year-to-date. Total vehicle sales for the month reached 22,157 units, a 29% rise from 17,209 units in the prior year, resulting in a cumulative total of 1,05,877 vehicles for the year, representing a 24% increase. The company's M&HCV truck sales saw a significant 44% jump for the month, while LCV sales increased by 10%, contributing to overall growth.

Ashok Leyland Ltd. informed the National Stock Exchange of India Ltd. and BSE Limited that the trading window for dealing in the company's securities will be closed for designated persons and their immediate relatives from October 1, 2026, until 48 hours after the unaudited financial results for the quarter and half year ending September 30, 2026, become generally available.

Ashok Leyland Ltd announced that CARE Ratings Limited has reaffirmed its ratings for various instruments, including Long Term / Short Term Bank Facilities aggregating Rs 3,700.00 crore with a rating of CARE AA+; Stable / CARE A1+, and Short Term Bank Facilities amounting to Rs 300.00 crore, also rated CARE A1+, alongside reaffirming the rating of CARE A1+ for Commercial Paper totaling Rs 2,000.00; the ratings for Non-convertible debentures and Long-term bank facilities have been withdrawn due to facilities not availed and/or repaid, with the withdrawal action occurring on September 21, 2026, at 17:08 hours.

Ashok Leyland Ltd dropped for a fifth straight session today. The stock is quoting at Rs 159.8, down 2.41% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.44% on the day, quoting at 23294.15. The Sensex is at 74500.15, down 0.38%.Ashok Leyland Ltd has eased around 9.77% in last one month.Meanwhile, Nifty Auto index of which Ashok Leyland Ltd is a constituent, has eased around 7.18% in last one month and is currently quoting at 27304.5, down 0.81% on the day. The volume in the stock stood at 99.51 lakh shares today, compared to the daily average of 133.07 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 159.71, down 3.11% on the day. Ashok Leyland Ltd jumped 18.78% in last one year as compared to a 7.71% slide in NIFTY and a 0.23% fall in the Nifty Auto index.The PE of the stock is 25.07 based on TTM earnings ending June 26.

Ashok Leyland Ltd is down for a fifth straight session today. The stock is quoting at Rs 166.17, down 2.56% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.77% on the day, quoting at 23871.2. The Sensex is at 76440.78, down 0.65%.Ashok Leyland Ltd has lost around 4.8% in last one month.Meanwhile, Nifty Auto index of which Ashok Leyland Ltd is a constituent, has eased around 4.94% in last one month and is currently quoting at 28491.05, down 2.68% on the day. The volume in the stock stood at 105.77 lakh shares today, compared to the daily average of 179.21 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 167.18, down 1.83% on the day. Ashok Leyland Ltd jumped 27.6% in last one year as compared to a 3.41% slide in NIFTY and a 7.58% spurt in the Nifty Auto index.The PE of the stock is 26.04 based on TTM earnings ending June 26.

Ashok Leyland Limited announced August 2026 sales figures, reporting a 43% increase in total vehicle sales to 19,438 units compared to 13,622 units in August 2025, and a 22% rise in cumulative sales to 83,720 units for the year-to-date. Domestic sales of M&HCV trucks saw a significant 60% jump to 10,285 units for the month, with cumulative M&HCV sales up 31% to 42,945 units. The company’s LCV sales increased by 25% for the month, and 24% cumulatively. Total M&HCV sales for the month were 12,408 units, a 55% increase year-over-year.

Ashok Leyland Ltd rose for a third straight session today. The stock is quoting at Rs 178.5, up 2.18% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.23% on the day, quoting at 24277.5. The Sensex is at 77643.06, down 0.02%. Ashok Leyland Ltd has added around 15.12% in last one month. Meanwhile, Nifty Auto index of which Ashok Leyland Ltd is a constituent, has added around 5.36% in last one month and is currently quoting at 29216.9, down 0.28% on the day. The volume in the stock stood at 125.93 lakh shares today, compared to the daily average of 190.66 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 179.8, up 2.21% on the day. Ashok Leyland Ltd is up 37.5% in last one year as compared to a 0.91% fall in NIFTY and a 15.69% fall in the Nifty Auto index.The PE of the stock is 26.65 based on TTM earnings ending June 26.

Ashok Leyland Ltd share price ticked higher by 0.57% to Rs 177.0. The Company's net profit tumbled by 51.66% to Rs 667.77 crore, while revenue from operations dropped sharply 24.03% to Rs 13020.01 crore in Q2FY26 over Q1FY26. The market capitalization of Commercial Vehicles industry group stocks on BSE stood at Rs 2.36 lakh crore, plunging by 22.01%. It has improved by 2.56% over last one week and spiked sharply by 21.96% in last one month while the market capitalization of Ashok Leyland Ltd has slipped by 0.06% and 15.54% in the same period respectively. Profit before tax (PBT) of Ashok Leyland Ltd stood at Rs 949.72 crore in Q2 FY26, easing 6.54% year-on-year, and tanking 51.04% quarter-on-quarter. EBITDA came in at Rs 2221 crore, rising 7.08% YoY and nosediving by 29.19% sequentially. Total expenses saw a steep drop of 23% to Rs 10974.06 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 7603.75 crore, tumbling by 26.34% YoY, while employee benefits expense was at Rs 1236.59 crore, seeing a marginal contraction of 3.17% YoY. For the TTM ended FY26, revenue from operations advanced 16% to Rs 56076.03 crore, while net profit registered a growth of 10% to Rs 3720.98 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 889920% to Rs 10160.18 crore, and PBT expanded by 12.15% to Rs 5154.79 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 4894.71 crore in FY26, as against Rs 128.47 crore in FY25. Ashok Leyland Ltd soared by 47.87% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 3.05% during the same period.