Ashok Leyland (NSE:ASHOKLEY) Total Operating Expense: ₹113,784 Mil (TTM As of Mar. 2026)

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NSE:ASHOKLEY Ashok Leyland Ltd NSE:ASHOKLEY
86 GF Score
Price ₹154.80
GF Value ₹127.98
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Ashok Leyland Total Operating Expense?

Ashok Leyland NSE:ASHOKLEY -0.28% 86 Total Operating Expense is ₹113,784 Mil as of Mar. 2026. GuruFocus rates NSE:ASHOKLEY with a GF Score™ of 86/100 and a GF Value™ of ₹127.98 (Modestly Overvalued). The stock has 1 warning sign investors should review.

Ashok Leyland's Total Operating Expense for the three months ended in Mar. 2026 was ₹32,062 Mil. Ashok Leyland's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹113,784 Mil.

Ashok Leyland Total Operating Expense Related Terms

Ashok Leyland Total Operating Expense Historical Data

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The historical data trend for Ashok Leyland's Total Operating Expense 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 Total Operating Expense Chart

Ashok Leyland Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57,767.40 77,132.90 86,693.70 97,871.60 111,110.60

Ashok Leyland Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense 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 28,002.70 26,420.00 26,473.70 28,828.20 32,062.10
NSE:ASHOKLEY
86GF Score
Ashok Leyland Ltd NSE:ASHOKLEY
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Ashok Leyland Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹113,784 Mil.

* 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.

What does a Total Operating Expense of ₹113,784 Mil mean?
Ashok Leyland (NSE:ASHOKLEY) has a Total Operating Expense of ₹113,784 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Ashok Leyland and its competitors.
Is Ashok Leyland's Total Operating Expense too high?
Ashok Leyland's current Total Operating Expense is ₹113,784 Mil. Overall, Ashok Leyland has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ashok Leyland's Total Operating Expense compare to CAT and DE?
Ashok Leyland's Total Operating Expense of ₹113,784 Mil can be compared against companies in the Farm & Heavy Construction Machinery industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Farm & Heavy Construction Machinery company?
A good Total Operating Expense depends on the Farm & Heavy Construction Machinery industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Ashok Leyland and its competitors. Ashok Leyland's current Total Operating Expense is ₹113,784 Mil. 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 (NSE:ASHOKLEY) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹127.98, compared to a current price of ₹154.80 — trading 21% above its estimated fair value. The current Total Operating Expense is ₹113,784 Mil. Ashok Leyland's overall GF Score™ is 86/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Ashok Leyland (NSE:ASHOKLEY), the current Total Operating Expense is ₹113,784 Mil 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 (NSE:ASHOKLEY) Overvalued in 2026?

Based on GuruFocus' analysis, Ashok Leyland stock appears to be overvalued. The current stock price of ₹154.80 is trading 21% above its estimated GF Value™ of ₹127.98. GuruFocus considers Ashok Leyland to be Modestly Overvalued.

Key valuation signals for NSE:ASHOKLEY:

  • Total Operating Expense: ₹113,784 Mil
  • GF Value™: ₹127.98 vs. price of ₹154.80 (21% above fair value)
  • GF Score™: 86/100 with 1 warning sign

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

Ashok Leyland Business Description

Other Exchanges 500477: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.
86GF Score

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Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹154.80
Price
₹127.98
GF Value