Ashok Leyland Limited (NSE:ASHOKLEY)
India flag India · Delayed Price · Currency is INR
147.72
-1.19 (-0.80%)
Oct 19, 2026, 3:29 PM IST

Ashok Leyland Stock Forecast

Stock Price Forecast

According to 36 analysts polled by S&P Global, Ashok Leyland stock has a consensus rating of "Buy" and an average price target of ₹185.88. The average 1-year stock price forecast is 25.83% higher than the current stock price, while the lowest is ₹152.00 (+2.90%) and the highest is ₹240.00 (+62.47%).

Price Target: ₹185.88 (+25.83%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₹152.00₹185.88₹185.00₹240.00
Change+2.90%+25.83%+25.24%+62.47%
* Price targets were last updated on Aug 18, 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
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy161415141415
Buy676776
Hold111211131314
Sell101111
Strong Sell000000
Total343333353536

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Hold
Maintains
₹180.00
HoldMaintains₹180.00+21.85%Aug 18, 2026

Financial Forecast

Revenue This Year
485.24B
from 563.62B
Decreased by -13.91%
Revenue Next Year
531.12B
from 485.24B
Increased by 9.46%
EPS This Year
6.79
from 6.51
Increased by 4.37%
EPS Next Year
8.08
from 6.79
Increased by 18.90%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
262.37B416.73B457.03B485.35B563.62B485.24B
Revenue Growth
34.87%58.83%9.67%6.20%16.13%-13.91%
Operating Income
18.99B41.93B75.01B87.73B110.01B52.00B
Net Income
-3.59B12.39B24.84B31.07B34.71B39.88B
EPS
----6.516.79
EPS Growth
----18.56%4.37%
Forward PE
289.82289.82289.82289.82289.8221.74
Dividend / Share
0.501.302.483.133.503.56
Dividend Growth
66.67%160.00%90.39%26.26%12.00%1.63%
Free Cash Flow
----37.43B35.97B
No. Analysts
-----34
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High528.4B
Avg485.2B
Low440.1B

Revenue Growth

Revenue Growth202720282029
High
-6.2%
Avg
-13.9%
Low
-21.9%

EPS Forecast

EPS202720282029
High8.18
Avg6.79
Low5.80

EPS Growth

EPS Growth202720282029
High
25.7%
Avg
4.4%
Low
-10.9%