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- ASHOK LEYLAND - FORCE MOTORS
ASHOK LEYLAND vs FORCE MOTORS - Comparison Results
ASHOK LEYLAND Change
Ashok Leyland is the second largest manufacturer of medium and heavy commercial vehicles (M&HCV) in India. It had a 27.0% market share in the domestic M&HCV segment and a marginal presence in the LCV segment (light commercial vehicles). Ashok Leyland... More
FORCE MOTORS 
Force Motors Ltd. (erstwhile Bajaj Tempo), promoted by the Firodia Group manufactures 3-wheelers (passenger and goods versions), Utlity Vehicles (UV), Light Commercial Vehicles (LCV) and Heavy Commercial Vehicles (HCV). The company is also engaged i... More
Current Valuations
| ASHOK LEYLAND | FORCE MOTORS | ASHOK LEYLAND/ FORCE MOTORS |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | 11.4 | 11.8 | 96.6% | View Chart |
| P/BV | x | 2.3 | 0.8 | 276.2% | View Chart |
| Dividend Yield | % | 4.5 | 0.8 | 535.6% |
Financials
 ASHOK LEYLAND  FORCE MOTORS |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| ASHOK LEYLAND Mar-19 |
FORCE MOTORS Mar-19 |
ASHOK LEYLAND/ FORCE MOTORS |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 168 | 3,238 | 5.2% | |
| Low | Rs | 78 | 1,300 | 6.0% | |
| Sales per share (Unadj.) | Rs | 113.1 | 2,771.2 | 4.1% | |
| Earnings per share (Unadj.) | Rs | 7.5 | 108.8 | 6.9% | |
| Cash flow per share (Unadj.) | Rs | 9.8 | 223.3 | 4.4% | |
| Dividends per share (Unadj.) | Rs | 3.10 | 10.00 | 31.0% | |
| Dividend yield (eoy) | % | 2.5 | 0.4 | 574.0% | |
| Book value per share (Unadj.) | Rs | 29.8 | 1,466.8 | 2.0% | |
| Shares outstanding (eoy) | m | 2,935.50 | 13.18 | 22,272.4% | |
| Bonus/Rights/Conversions | - | - | - | ||
| Price / Sales ratio | x | 1.1 | 0.8 | 132.4% | |
| Avg P/E ratio | x | 16.4 | 20.9 | 78.6% | |
| P/CF ratio (eoy) | x | 12.5 | 10.2 | 123.4% | |
| Price / Book Value ratio | x | 4.1 | 1.5 | 265.9% | |
| Dividend payout | % | 41.5 | 9.2 | 451.2% | |
| Avg Mkt Cap | Rs m | 359,746 | 29,905 | 1,202.9% | |
| No. of employees | `000 | 12.0 | 7.2 | 166.2% | |
| Total wages/salary | Rs m | 26,399 | 4,181 | 631.3% | |
| Avg. sales/employee | Rs Th | 27,742.6 | 5,074.3 | 546.7% | |
| Avg. wages/employee | Rs Th | 2,206.1 | 580.9 | 379.8% | |
| Avg. net profit/employee | Rs Th | 1,834.0 | 199.2 | 920.5% | |
| INCOME DATA | |||||
|---|---|---|---|---|---|
| Net Sales | Rs m | 331,968 | 36,525 | 908.9% | |
| Other income | Rs m | 1,281 | 816 | 156.9% | |
| Total revenues | Rs m | 333,249 | 37,341 | 892.5% | |
| Gross profit | Rs m | 49,100 | 2,788 | 1,761.2% | |
| Depreciation | Rs m | 6,756 | 1,509 | 447.6% | |
| Interest | Rs m | 15,022 | 153 | 9,799.3% | |
| Profit before tax | Rs m | 28,603 | 1,942 | 1,473.2% | |
| Minority Interest | Rs m | 87 | -40 | -215.7% | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 28 | 0 | - | |
| Tax | Rs m | 6,771 | 467 | 1,449.2% | |
| Profit after tax | Rs m | 21,946 | 1,434 | 1,530.2% | |
| Gross profit margin | % | 14.8 | 7.6 | 193.8% | |
| Effective tax rate | % | 23.7 | 24.1 | 98.4% | |
| Net profit margin | % | 6.6 | 3.9 | 168.4% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 164,875 | 10,914 | 1,510.7% | |
| Current liabilities | Rs m | 153,159 | 6,531 | 2,345.0% | |
| Net working cap to sales | % | 3.5 | 12.0 | 29.4% | |
| Current ratio | x | 1.1 | 1.7 | 64.4% | |
| Inventory Days | Days | 34 | 50 | 66.9% | |
| Debtors Days | Days | 30 | 17 | 179.5% | |
| Net fixed assets | Rs m | 74,752 | 15,876 | 470.8% | |
| Share capital | Rs m | 2,936 | 132 | 2,227.2% | |
| "Free" reserves | Rs m | 84,520 | 19,200 | 440.2% | |
| Net worth | Rs m | 87,456 | 19,332 | 452.4% | |
| Long term debt | Rs m | 130,097 | 2,056 | 6,326.7% | |
| Total assets | Rs m | 391,219 | 28,360 | 1,379.5% | |
| Interest coverage | x | 2.9 | 13.7 | 21.3% | |
| Debt to equity ratio | x | 1.5 | 0.1 | 1,398.5% | |
| Sales to assets ratio | x | 0.8 | 1.3 | 65.9% | |
| Return on assets | % | 9.4 | 5.6 | 168.8% | |
| Return on equity | % | 25.1 | 7.4 | 338.2% | |
| Return on capital | % | 20.1 | 9.6 | 209.3% | |
| Exports to sales | % | 4.5 | 0 | - | |
| Imports to sales | % | 0 | 0 | - | |
| Exports (fob) | Rs m | 14,869 | NA | - | |
| Imports (cif) | Rs m | NA | NA | - | |
| Fx inflow | Rs m | 15,615 | 215 | 7,259.2% | |
| Fx outflow | Rs m | 2,375 | 12,885 | 18.4% | |
| Net fx | Rs m | 13,240 | -12,670 | -104.5% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | -37,455 | 3,140 | -1,192.7% | |
| From Investments | Rs m | 18,919 | -6,056 | -312.4% | |
| From Financial Activity | Rs m | 23,978 | 2,563 | 935.7% | |
| Net Cashflow | Rs m | 5,494 | -353 | -1,556.7% | |
Share Holding
| Indian Promoters | % | 0.0 | 59.4 | - | |
| Foreign collaborators | % | 38.8 | 0.0 | - | |
| Indian inst/Mut Fund | % | 12.1 | 0.7 | 1,721.4% | |
| FIIs | % | 20.4 | 5.8 | 351.7% | |
| ADR/GDR | % | 12.4 | 0.0 | - | |
| Free float | % | 16.4 | 34.1 | 48.1% | |
| Shareholders | 323,610 | 18,200 | 1,778.1% | ||
| Pledged promoter(s) holding | % | 13.1 | 0.0 | - |
Compare ASHOK LEYLAND With: HERO MOTOCORP EICHER MOTOR TATA MOTORS TVS MOTORS SML ISUZU
Compare ASHOK LEYLAND With: HYUNDAI (S. Korea) SAIC MOTOR (China) DONGFENG MOTOR (China) FORD (US)
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FORCE MOTORS 2018-19 Annual Report Analysis (Annual Result Update)
Sep 16, 2019 | Updated on Sep 16, 2019Here's an analysis of the annual report of FORCE MOTORS for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of FORCE MOTORS. Also includes updates on the valuation of FORCE MOTORS.
ASHOK LEYLAND 2018-19 Annual Report Analysis (Annual Result Update)
Sep 16, 2019 | Updated on Sep 16, 2019Here's an analysis of the annual report of ASHOK LEYLAND for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of ASHOK LEYLAND. Also includes updates on the valuation of ASHOK LEYLAND.
ASHOK LEYLAND Announces Quarterly Results (1QFY20); Net Profit Down 37.8% (Quarterly Result Update)
Aug 6, 2019 | Updated on Aug 6, 2019For the quarter ended June 2019, ASHOK LEYLAND has posted a net profit of Rs 2 bn (down 37.8% YoY). Sales on the other hand came in at Rs 57 bn (down 9.1% YoY). Read on for a complete analysis of ASHOK LEYLAND's quarterly results.
FORCE MOTORS Announces Quarterly Results (1QFY20); Net Profit Down 34.1% (Quarterly Result Update)
Jul 29, 2019 | Updated on Jul 29, 2019For the quarter ended June 2019, FORCE MOTORS has posted a net profit of Rs 270 m (down 34.1% YoY). Sales on the other hand came in at Rs 8 bn (down 9.9% YoY). Read on for a complete analysis of FORCE MOTORS's quarterly results.
FORCE MOTORS Announces Quarterly Results (4QFY19); Net Profit Down 35.3% (Quarterly Result Update)
May 29, 2019 | Updated on May 29, 2019For the quarter ended March 2019, FORCE MOTORS has posted a net profit of Rs 392 m (down 35.3% YoY). Sales on the other hand came in at Rs 11 bn (up 1.7% YoY). Read on for a complete analysis of FORCE MOTORS's quarterly results.
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