Ashok Leyland Ltd vs Force Motors Ltd Stock Comparison

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Last Updated on: Apr 04, 2026

Key Highlights

The Latest Trading Price of Ashok Leyland Ltd is ₹ 148.5 as of 02 Apr 15:30 . The P/E Ratio of Ashok Leyland Ltd changed from 33 on March 2023 to 19.3 on March 2025 . This represents a CAGR of -16.37% over 3 yearsThe P/E Ratio of Force Motors Ltd changed from 11.5 on March 2023 to 14.9 on March 2025 . This represents a CAGR of 9.02% over 3 years The Market Cap of Ashok Leyland Ltd changed from ₹ 33303 crore on March 2021 to ₹ 59963 crore on March 2025 . This represents a CAGR of 12.48% over 5 yearsThe Market Cap of Force Motors Ltd changed from ₹ 1541 crore on March 2021 to ₹ 11919 crore on March 2025 . This represents a CAGR of 50.54% over 5 years The revenue of Ashok Leyland Ltd for the Dec '25 is ₹ 15014 crore as compare to the Sep '25 revenue of ₹ 12719 crore. This represent the growth of 18.04% The revenue of Force Motors Ltd for the Dec '25 is ₹ 2370 crore as compare to the Sep '25 revenue of ₹ 2106 crore. This represent the growth of 12.49% The ebitda of Ashok Leyland Ltd for the Dec '25 is ₹ 2681 crore as compare to the Sep '25 ebitda of ₹ 2544 crore. This represent the growth of 5.42% The ebitda of Force Motors Ltd for the Dec '25 is ₹ 615.5 crore as compare to the Sep '25 ebitda of ₹ 388.36 crore. This represent the growth of 58.49% The net profit of Ashok Leyland Ltd changed from ₹ 550.65 crore to ₹ 862.24 crore over 7 quarters. This represents a CAGR of 29.21% The net profit of Force Motors Ltd changed from ₹ 115.73 crore to ₹ 406.15 crore over 7 quarters. This represents a CAGR of 104.91% The Dividend Payout of Ashok Leyland Ltd changed from -56.15 % on March 2021 to 55.56 % on March 2025 . This represents a CAGR of NaN% over 5 yearsThe Dividend Payout of Force Motors Ltd changed from -5.89 % on March 2021 to 6.59 % on March 2025 . This represents a CAGR of NaN% over 5 years .

About Ashok Leyland Ltd

Ashok Leyland Limited is presently engaged in manufacture and sale of commercial vehicles.
The Company manufacture engines for industrial and marine applications, forgings and casting.
Its products include buses, trucks, engines, defense and special vehicles.
From 18 seater to 82 seater double-decker buses, from 7.5 ton to 49 ton in haulage vehicles, from numerous special application vehicles to diesel engines for industrial, marine and genset applications, Ashok Leyland offers a range of products.
The company is the flagship of the Hinduja Group.

About Force Motors Ltd

Force Motors Limited was formerly incorporated with the name as 'Baja Tempo Limited' on September 8, 1958.
The Company's name was changed from Baja Tempo Limited to Force Motors Limited effective from March 03, 2005.
Promoted by N K Firodia, the Company initially started production of the HANSEAT 3-Wheelers in collaboration with Vidal & Sohn Tempo Werke Germany. Force Motors is a fully, vertically integrated automobile company, with expertise in design, development and manufacture of the full spectrum of automotive components, aggregates and vehicles.
Its product profile includes Light Commercial Vehicles (LCV), Multi-Utility Vehicles (MUV), Small Commercial Vehicles (SCV), Sports Utility Vehicles (SUV) and Agricultural Tractors.
Force Motors Limited is a subsidiary of Jaya Hind Industries Private Limited, Promoter of the Company, which holds 57.

FAQs for the comparison of Ashok Leyland Ltd and Force Motors Ltd

Which company has a larger market capitalization, Ashok Leyland Ltd or Force Motors Ltd?

Market cap of Ashok Leyland Ltd is 87,226 Cr while Market cap of Force Motors Ltd is 27,817 Cr

What are the key factors driving the stock performance of Ashok Leyland Ltd and Force Motors Ltd?

The stock performance of Ashok Leyland Ltd and Force Motors Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Ashok Leyland Ltd and Force Motors Ltd?

As of April 4, 2026, the Ashok Leyland Ltd stock price is INR ₹148.5. On the other hand, Force Motors Ltd stock price is INR ₹21111.45.

How do dividend payouts of Ashok Leyland Ltd and Force Motors Ltd compare?

To compare the dividend payouts of Ashok Leyland Ltd and Force Motors Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.