Earnings Alerts

Ashok Leyland (AL) Earnings: 1Q Net Income Falls Short of Estimates Despite Revenue Growth

  • Net Income: 5.26 billion rupees, down 8.7% year-on-year (YoY); missed the estimate of 5.47 billion rupees.
  • Revenue: 86 billion rupees, up 5% YoY; missed the estimate of 87.8 billion rupees.
  • Total Costs: 79.2 billion rupees, up 3.9% YoY.
  • Raw Material Costs: 62 billion rupees, up 5.4% YoY.
  • Other Income: 223.4 million rupees, down 56% YoY.
  • EBITDA: 9.11 billion rupees.
  • Analyst Ratings: 29 buys, 6 holds, 8 sells.

A look at Ashok Leyland Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth5
Resilience2
Momentum5
OVERALL SMART SCORE4.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

With a strong Dividend score and high Growth and Momentum ratings, Ashok Leyland is positioned for a promising long-term outlook. The company’s commitment to providing dividends to shareholders reflects its financial stability and solid performance. Additionally, its impressive Growth and Momentum scores indicate a positive trajectory for Ashok Leyland in terms of expanding its market presence and sustaining growth over time.

While the Value score is moderate and Resilience is rated lower, the overall outlook for Ashok Leyland remains optimistic. The company’s focus on growth opportunities and high momentum in the market are key drivers that could potentially outweigh any challenges related to resilience. As a manufacturer of a diverse range of commercial vehicles with a global presence, Ashok Leyland is strategically positioned to capitalize on emerging opportunities in the industry.

Summary: Ashok Leyland Limited is a manufacturer of medium and heavy duty commercial vehicles, industrial & marine engines, spare parts, and defense sector vehicles. The company operates in India and internationally, with a focus on providing dividends to shareholders, driving growth, and maintaining market momentum.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars