Ashok Leyland

Ashok Leyland
Ashok Leyland
Shareholder Return: 3-year, Sales Growth: 3-year CAGR, Return On Equity: 3-year average
At a Glance
  • Shareholder Return
    281%
  • Sales Growth
    28%
  • Return on Equity
    15 %

Why Super 50

India's second-largest commercial vehicle manufacturer is reducing its dependence on the trucks business and focusing on non-cyclical and profitable sectors such as defence, spare parts and exports. It is aggressively expanding and consolidating its presence across India, the Middle East and Africa. Even as it continues to launch new products, Ashok Leyland is ramping up production of its India-made 'Circuit' electric bus. The company has posted double-digit margins in the last 10 quarters and a smooth transition to BS IV emission norms and GST would be critical for its immediate future.



More Stories