Ashok Leyland Limited (NSE:ASHOKLEY)
India flag India · Delayed Price · Currency is INR
157.34
+2.28 (1.47%)
Jul 28, 2026, 2:54 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 ₹183.50. The average 1-year stock price forecast is 16.63% higher than the current stock price, while the lowest is ₹155.00 (-1.49%) and the highest is ₹250.00 (+58.89%).

Price Target: ₹183.50 (+16.63%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₹155.00₹183.50₹183.00₹250.00
Change-1.49%+16.63%+16.31%+58.89%
* 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
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy151315161414
Buy988678
Hold111210111211
Sell111101
Strong Sell110000
Total373534343334

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Hold
Maintains
₹175.00
HoldMaintains₹175.00+11.22%May 29, 2026
Morgan Stanley
Morgan Stanley
Hold
Maintains
₹227.00
HoldMaintains₹227.00+44.27%Feb 13, 2026
Unknown Analyst
ICICI Securities
No rating
ICICI Securities
Hold
Maintains
₹225.00
HoldMaintains₹225.00+43.00%Feb 12, 2026
Unknown Analyst
Axis Direct
No rating
Axis Direct
Buy
Maintains
₹230.00
BuyMaintains₹230.00+46.18%Feb 12, 2026

Financial Forecast

Revenue This Year
476.57B
from 563.62B
Decreased by -15.44%
Revenue Next Year
518.87B
from 476.57B
Increased by 8.88%
EPS This Year
6.89
from 6.51
Increased by 5.78%
EPS Next Year
8.12
from 6.89
Increased by 17.95%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
262.37B416.73B457.03B485.35B563.62B476.57B
Revenue Growth
34.87%58.83%9.67%6.20%16.13%-15.44%
Operating Income
18.99B41.93B75.01B87.73B110.01B51.95B
Net Income
-3.59B12.39B24.84B31.07B34.71B40.78B
EPS
----6.516.89
EPS Growth
----18.56%5.78%
Forward PE
289.82289.82289.82289.82289.8222.85
Dividend / Share
0.501.302.483.133.503.55
Dividend Growth
-160.00%90.38%26.26%12.00%1.47%
Free Cash Flow
15.70B-15.79B-236.40M30.87B729.01M37.66B
No. Analysts
-----29
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High506.1B
Avg476.6B
Low457.1B

Revenue Growth

Revenue Growth202720282029
High
-10.2%
Avg
-15.4%
Low
-18.9%

EPS Forecast

EPS202720282029
High7.70
Avg6.89
Low6.32

EPS Growth

EPS Growth202720282029
High
18.3%
Avg
5.8%
Low
-2.9%