Ashok Leyland Limited (NSE:ASHOKLEY)
India flag India · Delayed Price · Currency is INR
177.10
+5.46 (3.18%)
Aug 17, 2026, 3:15 PM IST

Ashok Leyland Stock Forecast

Stock Price Forecast

According to 34 analysts polled by S&P Global, Ashok Leyland stock has a consensus rating of "Buy" and an average price target of ₹190.53. The average 1-year stock price forecast is 7.58% higher than the current stock price, while the lowest is ₹155.00 (-12.48%) and the highest is ₹250.00 (+41.16%).

Price Target: ₹190.53 (+7.58%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₹155.00₹190.53₹191.00₹250.00
Change-12.48%+7.58%+7.85%+41.16%
* Price targets were last updated on May 29, 2026.

Analyst Ratings

The average analyst rating for Ashok Leyland stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy131516141414
Buy886777
Hold121011121111
Sell111011
Strong Sell100000
Total353434333333

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Hold
Maintains
₹175.00
HoldMaintains₹175.00-1.19%May 29, 2026

Financial Forecast

Revenue This Year
487.78B
from 563.62B
Decreased by -13.46%
Revenue Next Year
521.29B
from 487.78B
Increased by 6.87%
EPS This Year
6.95
from 6.51
Increased by 6.72%
EPS Next Year
8.13
from 6.95
Increased by 17.05%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
262.37B416.73B457.03B485.35B563.62B487.78B
Revenue Growth
34.87%58.83%9.67%6.20%16.13%-13.46%
Operating Income
18.99B41.93B75.01B87.73B110.01B52.61B
Net Income
-3.59B12.39B24.84B31.07B34.71B39.52B
EPS
----6.516.95
EPS Growth
----18.56%6.72%
Forward PE
289.82289.82289.82289.82289.8225.49
Dividend / Share
0.501.302.483.133.503.66
Dividend Growth
66.67%160.00%90.39%26.26%12.00%4.50%
Free Cash Flow
15.70B-15.79B-236.40M30.87B729.01M31.22B
No. Analysts
-----13
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High514.2B
Avg487.8B
Low477.5B

Revenue Growth

Revenue Growth202720282029
High
-8.8%
Avg
-13.5%
Low
-15.3%

EPS Forecast

EPS202720282029
High7.57
Avg6.95
Low6.60

EPS Growth

EPS Growth202720282029
High
16.3%
Avg
6.7%
Low
1.4%