Ashok Leyland Balance Sheet
- Market cap
- ₹87,955 crore
- P/E
- 25.3
- P/B
- 6.18
- ROE
- 26.2%
- Dividend yield
- 1.20%
As of Mar 2022, Ashok Leyland had total assets of ₹13,700 crore and borrowings of ₹1,200 crore, against shareholders' equity of ₹9,000 crore — a debt-to-equity ratio of 0.13. Borrowings fell 96.15% from Mar 2023.
Ashok Leyland balance sheet
As at each financial year end, newest first. H1 = half-year.
| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Equity capital | 500 | 294 | 294 | 294 | 587 |
| Reserves | 8,500 | 3,717 | 3,773 | 6,358 | 7,682 |
| Borrowings | 1,200 | 31,161 | 40,802 | 49,962 | 63,936 |
| Other liabilities | 3,500 | 12,789 | 14,979 | 15,908 | 18,559 |
| Total liabilities | 13,700 | 54,746 | 67,596 | 81,715 | 1,01,041 |
| Fixed assets | 6,500 | 5,902 | 5,974 | 6,650 | 8,536 |
| Capital work in progress | 400 | 100 | 100 | 100 | 100 |
| Investments | 2,500 | 8.39 | 13,519 | 16,343 | 20,208 |
| Other assets | 4,300 | 16,424 | 20,279 | 24,514 | 30,312 |
| Total assets | 13,700 | 54,746 | 67,596 | 81,715 | 1,01,041 |
Balance sheet ratios
- Debt to equity
- 0.13
Source: Company filings (consolidated), in ₹ crore. Data as of 7 October 2026. How this data is compiled.
Ashok Leyland balance sheet — frequently asked questions
What is the total debt of Ashok Leyland?
Ashok Leyland reported borrowings of ₹1,200 crore as of Mar 2022, compared with ₹31,161 crore as of Mar 2023.
What is Ashok Leyland's debt-to-equity ratio?
Based on the Mar 2022 balance sheet, Ashok Leyland's debt-to-equity ratio is 0.13 — borrowings of ₹1,200 crore against equity capital and reserves of ₹9,000 crore.
What are Ashok Leyland's total assets?
Ashok Leyland's total assets were ₹13,700 crore as of Mar 2022, including fixed assets of ₹6,500 crore and investments of ₹2,500 crore.
Same Data For Peers
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