Ashok Leyland (BOM:500477) EBITDA Margin %: 20.39% (As of Mar. 2026) — 34% Above Median


BOM:500477 Ashok Leyland Ltd BOM:500477
82 GF Score
Price ₹157.70
GF Value ₹129.09
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Ashok Leyland EBITDA Margin %?

Ashok Leyland BOM:500477 +0.19% 82 EBITDA Margin % is 20.39% as of Mar. 2026, which is 34% above its 10-year median of 15.27. GuruFocus rates BOM:500477 with a GF Score™ of 82/100 and a GF Value™ of ₹129.09 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 209 Farm & Heavy Construction Machinery companies, Ashok Leyland ranks better than 86.12% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Ashok Leyland's EBITDA for the three months ended in Mar. 2026 was ₹34,944 Mil. Ashok Leyland's Revenue for the three months ended in Mar. 2026 was ₹171,389 Mil. Therefore, Ashok Leyland's EBITDA margin for the quarter that ended in Mar. 2026 was 20.39%.


Ashok Leyland  (BOM:500477) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Ashok Leyland EBITDA Margin % Related Terms


Ashok Leyland EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Ashok Leyland's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ashok Leyland EBITDA Margin % Chart

Ashok Leyland Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.71 12.68 17.61 19.89 19.61

Ashok Leyland Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.59 19.53 20.32 18.17 20.39

BOM:500477 vs CAT, DE, PCAR: EBITDA Margin % Comparison

For the Farm & Heavy Construction Machinery subindustry, Ashok Leyland's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ashok Leyland EBITDA Margin % vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Ashok Leyland's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Ashok Leyland's EBITDA Margin % falls into.


BOM:500477
82GF Score
Ashok Leyland Ltd BOM:500477
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ashok Leyland EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Ashok Leyland's EBITDA Margin % for the fiscal year that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=109970/560760.3
=19.61 %

Ashok Leyland's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=34944/171389
=20.39 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 20.39% mean?
Ashok Leyland (BOM:500477) has a EBITDA Margin % of 20.39% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Ashok Leyland and its competitors. This is 34% above median its historical median of 15.27. Over the past decade, Ashok Leyland's EBITDA Margin % has ranged from 9.71 to 19.89. According to the industry distribution chart, Ashok Leyland ranks #29 out of 209 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 13.9%.
Is Ashok Leyland's EBITDA Margin % too high?
Ashok Leyland's current EBITDA Margin % of 20.39% is 34% above median its 10-year median of 15.27. Over the past 10 years, this metric has ranged from a low of 9.71 to a high of 19.89. The Farm & Heavy Construction Machinery industry median EBITDA Margin % is 10.87. Ashok Leyland's value of 20.39% is 87.6% above this industry median. Based on the distribution chart, Ashok Leyland ranks #29 out of 209 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Ashok Leyland has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ashok Leyland's EBITDA Margin % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Ashok Leyland ranks #29 out of 209 companies for EBITDA Margin %. This places Ashok Leyland in the top 14% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 10.87. Ashok Leyland's value of 20.39% is 87.6% above this benchmark. Historically, Ashok Leyland's own EBITDA Margin % has ranged from 9.71 to 19.89 over the past decade. While the company's 10-year median is 15.27 vs. the industry median of 10.87, Ashok Leyland has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Farm & Heavy Construction Machinery company?
The median EBITDA Margin % among Farm & Heavy Construction Machinery companies is 10.87, based on 209 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ashok Leyland's current EBITDA Margin % of 20.39% is 87.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Ashok Leyland and its competitors. For the Farm & Heavy Construction Machinery industry, the median EBITDA Margin % is 10.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashok Leyland's current EBITDA Margin % is 20.39%, which is 34% above median its own 10-year median of 15.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashok Leyland stock overvalued right now?
Based on GuruFocus' analysis, Ashok Leyland (BOM:500477) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹129.09, compared to a current price of ₹157.70 — trading 22.2% above its estimated fair value. The current EBITDA Margin % is 20.39%, which is 34% above median its 10-year median of 15.27 and 87.6% above the Farm & Heavy Construction Machinery industry median of 10.87. Ashok Leyland's overall GF Score™ is 82/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Ashok Leyland (BOM:500477), the current EBITDA Margin % is 20.39% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ashok Leyland (BOM:500477) Overvalued in 2026?

Based on GuruFocus' analysis, Ashok Leyland stock appears to be overvalued. The current stock price of ₹157.70 is trading 22.2% above its estimated GF Value™ of ₹129.09. GuruFocus considers Ashok Leyland to be Modestly Overvalued.

Key valuation signals for BOM:500477:

  • EBITDA Margin %: 20.39% (34% above median its 10-year median of 15.27)
  • GF Value™: ₹129.09 vs. price of ₹157.70 (22.2% above fair value)
  • GF Score™: 82/100 with 1 warning sign
  • Industry Position: 87.6% above the Farm & Heavy Construction Machinery median (#29 of 209)

No single metric tells the full story. See the BOM:500477 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ashok Leyland Business Description

Other Exchanges ASHOKLEY:India
Address No. 1, Sardar Patel Road, Guindy, Chennai, TN, IND, 600032
Ashok Leyland Ltd is an automobile manufacturing company. The company manufactures commercial vehicles, engines, spare parts, and accessories, with the vast majority of revenue being derived from commercial vehicle sales. It produces and sells vehicles across different categories such as Trucks, Buses, Light Commercial Vehicles, and Defence. The company's operating segments are; Commercial vehicles, and Financial services. Geographically, it derives the majority revenue within India and the rest from other markets.
82GF Score

Get the complete analysis for BOM:500477

EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹157.70
Price
₹129.09
GF Value