ASHOKLEY vs SMLMAH: Stock Comparison
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
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✓ marks the usual favourable reading; it is not a recommendation.
Key Differences
Each difference is a single, relative reading — StockeZee does not name an overall winner.
Profile
| Metric | ASHOKLEY | SMLMAH |
|---|---|---|
| Sector | Capital Goods | Capital Goods |
| Industry | Commercial Vehicles | Commercial Vehicles |
Price
| Metric | ASHOKLEY | SMLMAH |
|---|---|---|
| Live Price | ₹172.64 | ₹5,180 |
| Day Change | -0.38% | -0.46% |
| Volume | 33.78 L | 14,003 |
| 52-Week High | ₹215.42 | ₹5,987.9 |
| 52-Week Low | ₹125.85 | ₹2,749 |
| Distance from 52W High | -19.86% | -13.49% |
Valuation
| Metric | ASHOKLEY | SMLMAH |
|---|---|---|
| Market Cap | ₹1.02 L Cr | ₹7,486 Cr |
| P/E Ratio | 29.22x | 48.07x |
| P/B Ratio | 7.13x | 14.48x |
| EPS | ₹5.93 | ₹110.48 |
| Book Value | ₹24.25 | ₹358.87 |
| Dividend Yield | 2.02% | 1.02% |
Growth
| Metric | ASHOKLEY | SMLMAH |
|---|---|---|
| Revenue Growth (TTM YoY) | 17.4% | 16.4% |
| EPS Growth (TTM YoY) | 24.5% | 2.3% |
| Qtr Sales Growth | 17.4% | 16.4% |
| Qtr Profit Growth | 9.51% | 2.36% |
Profitability & Leverage
| Metric | ASHOKLEY | SMLMAH |
|---|---|---|
| ROE | 28.1% | 35.4% |
| ROCE | 13.8% | 30.9% |
| Net Margin | 6.19% | 5.58% |
| Operating Margin | 19.1% | 9.81% |
| Debt to Equity | 4.49x | 0.56x |
Shareholding
As of Jun 2026 • change vs previous quarter| Metric | ASHOKLEY | SMLMAH |
|---|---|---|
| Promoter Holding | 51.51% | 58.97% |
| FII Holding | 20.68%▼ 3.89 pp | 1.24%▲ 0.47 pp |
| DII Holding | 15.76%▲ 2.7 pp | 2.43%▲ 0.87 pp |
| Public Holding | 11.98%▲ 1.19 pp | 37.36%▼ 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.
Related Comparisons
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.

