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Balance sheet of Ashok Leyland is moderately strong, But short term working capital might become an issue for this company.
Yes, The debt of Ashok Leyland is increasing.
Latest debt of Ashok Leyland is ₹40,655 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹26,559 Crs.
Yes, profit is increasing.
The profit of Ashok Leyland is ₹3,045 Crs for TTM, ₹2,484 Crs for Mar 2024 and ₹1,239 Crs for Mar 2023.
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Ashok Leyland latest dividend payout ratio is 58.52% and 3yr average dividend payout ratio is 60.08%
Companies resources are majorly tied in miscellaneous assets