StoxHitachi Energy India vs Ashok Leyland: share price & financials comparison
NSE: POWERINDIA vs ASHOKLEY · Capital Goods · as of 13 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Hitachi Energy India vs Ashok Leyland at a glance
Hitachi Energy India (POWERINDIA) has a market capitalisation of ₹1,40,914 Cr, against ₹99,386 Cr for Ashok Leyland (ASHOKLEY). Over the past year Hitachi Energy India has returned +54.4%, compared with +20.5% for Ashok Leyland. On valuation, Ashok Leyland trades at a lower P/E of 28.6 versus 117.0. Ashok Leyland earns a higher return on equity (24.4% vs 20.9%). Hitachi Energy India comes out ahead on growth, momentum and technicals. Ashok Leyland comes out ahead on size, valuation and profitability. Across the scored metrics below, Hitachi Energy India leads on 8 and Ashok Leyland on 8. On StoxGud's 10-point checklist, Hitachi Energy India scores 8/10 and Ashok Leyland scores 6/10.
| Metric | Hitachi Energy India | Ashok Leyland |
|---|---|---|
| Size | ||
| Market cap | ₹1,40,914 Cr | ₹99,386 Cr |
| Revenue (latest FY) | ₹8,148 Cr | ₹56,362 Cr |
| Net profit (latest FY) | ₹988 Cr | ₹3,471 Cr |
| Valuation | ||
| P/E | 117.0 | 28.6 |
| P/B | 24.48 | 6.98 |
| Dividend yield | 0.02% | 1.85% |
| Profitability | ||
| Return on equity | 20.9% | 24.4% |
| Net profit margin | 11.7% | 6.0% |
| Operating margin | 14.8% | 19.0% |
| Growth | ||
| Revenue growth (YoY) | +63.5% | +11.6% |
| Net profit growth (YoY) | +20.5% | +0.8% |
| Revenue CAGR (multi-year) | +15.6% | +23.7% |
| Financial health | ||
| Debt to equity | 0.00 | 4.49 |
| Momentum | ||
| 1-month return | +4.4% | +14.8% |
| 1-year return | +54.4% | +20.5% |
| 3-year CAGR | +93.4% | +24.8% |
| 5-year CAGR | +65.7% | +17.4% |
| 10-year CAGR | — | +15.1% |
| Distance from 52W high | -17.8% | -20.2% |
| Technicals | ||
| RSI (14) | 70 | 79 |
| Price vs 200-day avg | +5.7% | +0.8% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | Hitachi Energy India | Ashok Leyland |
|---|---|---|
| Price above 50-day average | ✓ | ✓ |
| Price above 200-day average | ✓ | ✓ |
| 50-day average above 200-day (uptrend) | ✓ | ✗ |
| RSI in healthy 40–70 zone | ✗ | ✗ |
| Positive 1-year return | ✓ | ✓ |
| Return on equity above 15% | ✓ | ✓ |
| Debt to equity below 1 | ✓ | ✗ |
| Revenue growing year on year | ✓ | ✓ |
| Net profit margin above 10% | ✓ | ✗ |
| P/E below industry median | ✗ | ✓ |
| Score | 8/10 | 6/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Hitachi Energy India or Ashok Leyland?
Hitachi Energy India has a market cap of ₹1,40,914 Cr and Ashok Leyland has a market cap of ₹99,386 Cr as of 13 Nov 2026.
Which has a lower P/E, Hitachi Energy India or Ashok Leyland?
Ashok Leyland has the lower P/E: Hitachi Energy India trades at 117.0 and Ashok Leyland at 28.6.
Which gave better returns in the last year, Hitachi Energy India or Ashok Leyland?
Hitachi Energy India did better: Hitachi Energy India returned +54.4% and Ashok Leyland returned +20.5% over one year.
What is the difference between Hitachi Energy India and Ashok Leyland?
Both are NSE-listed companies in Capital Goods. Hitachi Energy India is about 1.4 times the size of Ashok Leyland by market cap. In the latest financial year Hitachi Energy India reported revenue of ₹8,148 Cr and Ashok Leyland ₹56,362 Cr. Operating margin is 14.8% for Hitachi Energy India and 19.0% for Ashok Leyland. Debt to equity is 0.00 for Hitachi Energy India and 4.49 for Ashok Leyland.
Which is better, Hitachi Energy India or Ashok Leyland?
It depends on what you are looking for, and StoxGud does not recommend either stock. On the metrics compared above, Hitachi Energy India leads on 8 and Ashok Leyland on 8. Hitachi Energy India is ahead on growth, momentum and technicals. Ashok Leyland is ahead on size, valuation and profitability. On StoxGud's rules-based checklist Hitachi Energy India scores 8/10 and Ashok Leyland scores 6/10. This is information, not advice: consult a SEBI-registered adviser before investing.