Ashok Leyland Ltd.

Financial

	Ashok Leyland	Force Motors	Olectra Greentech
Operational Metrics
Automobile Sector
Total Automobiles Sold - Monthly	13421.0 .	3700.0 .	n/a
Automobiles Sold - Monthly - Domestic	12509.0 .	3606.0 .	n/a
Automobiles Sold - Monthly - Export	912.0 .	94.0 .	n/a
Commercial Vehicle
Commercial Vehicles Sold - Monthly - Domestic	12509.0 .	n/a	n/a
Light Commercial Vehicles Sold - Monthly - Domestic	5103.0 .	3606.0 .	n/a
MHCV Sold - Monthly - Domestic	7406.0 .	n/a	n/a
Unclassified
R&D as a % of Total Sales	1.3 %	n/a	n/a
Financials
5 yr Average ROE	7.87 %	2.99 %	4.74 %
5yr average Equity Multiplier	6.02	1.89	1.54
5yr Average Asset Turnover Ratio	0.62	1.07	0.49
5yr Avg Net Profit Margin	1.54 %	0.16 %	5.65 %
Price to Book	6.42	3.87	9.69
P/E	23.39	14.66	72.3
5yr Avg Cash Conversion Cycle	-25.65 Days	2.83 Days	54.27 Days
Inventory Days	32.87 Days	67.34 Days	79.16 Days
Days Receivable	31.7 Days	7.85 Days	180.85 Days
Days Payable	108.86 Days	77.43 Days	275.8 Days
5yr Average Interest Coverage Ratio	1.54	2.17	3.73
5yr Avg ROCE	11.33 %	5.38 %	7.82 %
5yr Avg Operating Profit Margin	13.48 %	6.2 %	10.05 %
5 yr average Debt to Equity	3.46	0.37	0.08
5yr CAGR Net Profit	49.13 %	50.56 %	41.53 %
5yr Average Return on Assets	1.12 %	1.46 %	2.86 %
Shareholdings
Promoter Holding	51.52 %	61.63 %	50.02 %
Share Pledged by Promoters	41.15 %	0.0	0.0
Change in Promoter Holding (3 Yrs)	-0.02 %	0.0	0.0
Change in Mutual Fund Holding (3 Yrs)	-8.14 %	-2.18 %	0.23 %

Business

	Ashok Leyland	Force Motors	Olectra Greentech
Product Wise Break-Up	Product Wise Break-Up Commercial Vehicles 86.9 Financial Services 13.1 Spare parts and others 0 Ferrous castings and patterns 0 Engines and gensets 0 Engines 0 0 e-truck division 0 E Bus division 0 Insulator division 0	Product Wise Break-Up Spare parts and others 0 Commercial Vehicles 0 Financial Services 0 Light Commercial Vehicles 56.0 Ferrous castings and patterns 0 Engines 28.0 E Bus division 0 Engines and gensets 0 Insulator division 0 e-truck division 0 Others 16.0	Product Wise Break-Up Spare parts and others 0 Commercial Vehicles 0 Financial Services 0 0 Ferrous castings and patterns 0 Engines 0 E Bus division 92.13 Engines and gensets 0 Insulator division 9.13 e-truck division 0
Location Wise Break-Up	Location Wise Break-Up India 91.82 Rest of the World 8.18	-	Location Wise Break-Up India 100.0 Rest of the World 0
Operating Profit Break-Up	Operating Profit Break-Up Commercial Vehicles 79.91 Financial Services 20.09 e-truck division 0 E Bus Division 0 Insulator Division 0	-	Operating Profit Break-Up Commercial Vehicles 0 Financial Services 0 Insulator Division 14.09 E Bus Division 85.91 e-truck division 0
Asset Break-Up - Segment Wise	Asset Break-Up - Segment Wise Financial Services 70.59 Commercial Vehicle 29.41	-	-
Asset Break-Up - Geography Wise	Asset Break-Up - Geography Wise Others 100	-	-