Ashok Leyland Ltd vs Mahindra Mahindra Ltd Stock Comparison

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Last Updated on: Apr 02, 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 Mahindra & Mahindra Ltd changed from 48.7 on March 2021 to 23 on March 2025 . This represents a CAGR of -13.93% over 5 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 Mahindra & Mahindra Ltd changed from ₹ 98846 crore on March 2021 to ₹ 331568 crore on March 2025 . This represents a CAGR of 27.39% 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 Mahindra & Mahindra Ltd for the Dec '25 is ₹ 53422 crore as compare to the Sep '25 revenue of ₹ 47250 crore. This represent the growth of 13.06% 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 Mahindra & Mahindra Ltd for the Dec '25 is ₹ 11136 crore as compare to the Sep '25 ebitda of ₹ 10073 crore. This represent the growth of 10.55% 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 Mahindra & Mahindra Ltd changed from ₹ 3545 crore to ₹ 5021 crore over 7 quarters. This represents a CAGR of 22.00% 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 Mahindra & Mahindra Ltd changed from 106.23 % on March 2021 to 25.63 % on March 2025 . This represents a CAGR of -24.75% 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 Mahindra & Mahindra Ltd

Mahindra & Mahindra Limited (M&M) is the flagship company of the Mahindra Group, which consists of diverse business interests across the globe and aggregate revenues of around USD 19.4 billion.
The Company produces SUVs, Multi utility vehicles, pickups, lightweight commercial vehicles, heavyweight commercial vehicles and tractors.
Its manufacturing facilities are located at Kandivali, Nashik, Igatpuri, Nagpur, Chakan, Zaheerabad, Jaipur, Rudrapur, Haridwar, Mohali and Pithampur. Mahindra & Mahindra Limited was incorporated on October 2, 1945 with the name Mahindra & Mohammed Limited.
The Company was renamed as Mahindra & Mahindra Limited in 1948.
The steel trading business was commenced in association with suppliers in UK. In the year 1950, the company commenced the first business with Mitsubishi Corporation and 5000 tons of wagon building plates from Yawata Iron & Steel were supplied.

FAQs for the comparison of Ashok Leyland Ltd and Mahindra & Mahindra Ltd

Which company has a larger market capitalization, Ashok Leyland Ltd or Mahindra & Mahindra Ltd?

Market cap of Ashok Leyland Ltd is 87,226 Cr while Market cap of Mahindra & Mahindra Ltd is 374,507 Cr

What are the key factors driving the stock performance of Ashok Leyland Ltd and Mahindra & Mahindra Ltd?

The stock performance of Ashok Leyland Ltd and Mahindra & Mahindra 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 Mahindra & Mahindra Ltd?

As of April 2, 2026, the Ashok Leyland Ltd stock price is INR ₹148.5. On the other hand, Mahindra & Mahindra Ltd stock price is INR ₹3011.65.

How do dividend payouts of Ashok Leyland Ltd and Mahindra & Mahindra Ltd compare?

To compare the dividend payouts of Ashok Leyland Ltd and Mahindra & Mahindra 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.