ASHOKLEY vs SMLMAH: Stock Comparison

Ashok Leyland Limited vs SML Mahindra LimitedUpdated 25 Aug 26, 11:24 AM ISTNSE & company filings

Ashok Leyland Limited is the larger company by market capitalisation. Ashok Leyland Limited shows a lower P/E, a higher dividend yield and faster revenue growth, while SML Mahindra Limited shows a higher ROE, lower leverage and a higher ROCE. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.

Metric snapshot

ASHOKLEY leads 9; SMLMAH leads 4 of 13

Not a rating

Interactive comparison

Compare the numbers that shape the decision

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ASHOKLEYSMLMAH

Valuation lens

What price are you paying?

Market CapContext only
₹1.02 L Cr
₹7,486 Cr
P/E RatioASHOKLEY has the lower reading
29.22x
48.07x
P/B RatioASHOKLEY has the lower reading
7.13x
14.48x
EPSSMLMAH has the higher reading
₹5.93
₹110.48
Book ValueContext only
₹24.25
₹358.87
Dividend YieldASHOKLEY has the higher reading
2.02%
1.02%

✓ marks the usual favourable reading; it is not a recommendation.

Key Differences

Market Cap
ASHOKLEY is the larger company
₹1.02 L Cr vs ₹7,486 Cr
P/E Ratio
ASHOKLEY has a lower P/E
29.22x vs 48.07x
P/B Ratio
ASHOKLEY has a lower P/B
7.13x vs 14.48x
EPS
SMLMAH has higher earnings per share
₹110.48 vs ₹5.93
Dividend Yield
ASHOKLEY has a higher dividend yield
2.02% vs 1.02%
Revenue Growth (TTM YoY)
ASHOKLEY has faster revenue growth
17.4% vs 16.4%
EPS Growth (TTM YoY)
ASHOKLEY has faster EPS growth
24.5% vs 2.3%
Qtr Sales Growth
ASHOKLEY has stronger quarterly sales growth
17.4% vs 16.4%

Each difference is a single, relative reading — StockeZee does not name an overall winner.

Profile

MetricASHOKLEYSMLMAH
SectorCapital GoodsCapital Goods
IndustryCommercial VehiclesCommercial Vehicles

Price

MetricASHOKLEYSMLMAH
Live Price₹172.64₹5,180
Day Change-0.38%-0.46%
Volume33.78 L14,003
52-Week High₹215.42₹5,987.9
52-Week Low₹125.85₹2,749
Distance from 52W High-19.86%-13.49%

Valuation

MetricASHOKLEYSMLMAH
Market Cap₹1.02 L Cr₹7,486 Cr
P/E Ratio29.22x48.07x
P/B Ratio7.13x14.48x
EPS₹5.93₹110.48
Book Value₹24.25₹358.87
Dividend Yield2.02%1.02%

Growth

MetricASHOKLEYSMLMAH
Revenue Growth (TTM YoY)17.4%16.4%
EPS Growth (TTM YoY)24.5%2.3%
Qtr Sales Growth17.4%16.4%
Qtr Profit Growth9.51%2.36%

Profitability & Leverage

MetricASHOKLEYSMLMAH
ROE28.1%35.4%
ROCE13.8%30.9%
Net Margin6.19%5.58%
Operating Margin19.1%9.81%
Debt to Equity4.49x0.56x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricASHOKLEYSMLMAH
Promoter Holding51.51%58.97%
FII Holding20.68% 3.89 pp1.24% 0.47 pp
DII Holding15.76% 2.7 pp2.43% 0.87 pp
Public Holding11.98% 1.19 pp37.36% 1.34 pp

How to Read This Comparison

Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.

Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: Ashok Leyland Limited and SML Mahindra Limited.

Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.