In continuation of this series on annual report review , here is my review of the FY15 report of India’s leading commercial vehicle company, Ashok Leyland.
Click here to download the PDF review (9 MB file), or read it in the panel below.
If you wish to submit such reviews of annual reports, I would be happy to share the same with other tribe members. Just prepare them in the same format I am doing (make your notes on the report itself, scan them, convert to PDF file, and email to me).
It will be a good practice for you on how to read and analyze annual reports, plus the tribe will benefit. 🙂
Let me know your thoughts and questions on this review in the Comments section of this post …and also share any suggestion(s) you may have to make future reviews better and easier for your understanding.
Statutory Warning: This is NOT an investment advice to buy or sell shares. Please make your own decision, as blindly acting on anyone else’s research and opinions can be injurious to your wealth. I do not own the stock, but despite this, my analysis may be biased, and wrong. I have been wrong many times in the past. I am a registered Research Analyst as per SEBI (Research Analyst) Regulations, 2014 (Registration No. INH000000578).