Atul Auto Ltd
- Market Cap ₹ 1,295 Cr.
- Current Price ₹ 467
- High / Low ₹ 554 / 380
- Stock P/E 23.7
- Book Value ₹ 170
- Dividend Yield 0.00 %
- ROCE 16.2 %
- ROE 12.1 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 48.0% CAGR over last 5 years
Cons
- Stock is trading at 2.76 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 8.23% over last 3 years.
- Promoter holding has decreased over last 3 years: -6.78%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Agricultural, Commercial & Construction Vehicles Commercial Vehicles
Part of BSE Industrials
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 493 | 531 | 475 | 556 | 667 | 625 | 296 | 294 | 475 | 480 | 646 | 786 | |
| 435 | 455 | 416 | 483 | 585 | 554 | 304 | 315 | 452 | 450 | 589 | 704 | |
| Operating Profit | 58 | 76 | 60 | 73 | 81 | 71 | -8 | -22 | 23 | 30 | 57 | 82 |
| OPM % | 12% | 14% | 13% | 13% | 12% | 11% | -3% | -7% | 5% | 6% | 9% | 10% |
| 8 | 1 | 2 | 3 | 7 | 3 | 2 | 2 | 3 | 5 | 5 | 6 | |
| Interest | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 4 | 6 | 2 | 0 | 1 |
| Depreciation | 6 | 5 | 5 | 5 | 6 | 6 | 7 | 9 | 14 | 15 | 15 | 16 |
| Profit before tax | 59 | 72 | 56 | 69 | 82 | 67 | -13 | -32 | 6 | 18 | 46 | 72 |
| Tax % | 32% | 34% | 34% | 33% | 35% | 22% | -23% | -23% | 26% | 24% | 25% | 25% |
| 41 | 47 | 37 | 46 | 53 | 52 | -10 | -25 | 4 | 13 | 35 | 54 | |
| EPS in Rs | 18.49 | 21.60 | 16.88 | 21.05 | 24.21 | 23.88 | -4.65 | -11.33 | 1.84 | 4.85 | 12.48 | 19.35 |
| Dividend Payout % | 28% | 25% | 25% | 25% | 17% | 6% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 22% |
| 3 Years: | 18% |
| TTM: | 22% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 48% |
| 3 Years: | 133% |
| TTM: | 59% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -1% |
| 5 Years: | 20% |
| 3 Years: | 10% |
| 1 Year: | -2% |
| Return on Equity | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 4% |
| 3 Years: | 8% |
| Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 12 | 14 | 14 | 14 |
| Reserves | 110 | 143 | 173 | 208 | 248 | 292 | 282 | 258 | 319 | 387 | 422 | 457 |
| 0 | 0 | 0 | 0 | 0 | 1 | 16 | 81 | 36 | 0 | 0 | 0 | |
| 56 | 67 | 61 | 80 | 95 | 72 | 72 | 69 | 75 | 69 | 105 | 126 | |
| Total Liabilities | 177 | 222 | 245 | 299 | 353 | 376 | 381 | 419 | 442 | 471 | 540 | 597 |
| 79 | 85 | 87 | 87 | 94 | 93 | 90 | 198 | 236 | 230 | 228 | 222 | |
| CWIP | 0 | 3 | 3 | 5 | 37 | 117 | 148 | 43 | 1 | 0 | 1 | 3 |
| Investments | 1 | 1 | 24 | 59 | 23 | 15 | 29 | 68 | 85 | 110 | 113 | 166 |
| 97 | 133 | 131 | 149 | 200 | 152 | 113 | 110 | 120 | 131 | 198 | 206 | |
| Total Assets | 177 | 222 | 245 | 299 | 353 | 376 | 381 | 419 | 442 | 471 | 540 | 597 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 28 | 11 | 71 | 26 | 35 | 57 | 52 | -19 | 12 | 13 | 60 | 65 | |
| -36 | -10 | -29 | -39 | -28 | -58 | -60 | -44 | -20 | -25 | -55 | -75 | |
| -11 | -14 | -14 | -11 | -15 | -7 | 14 | 61 | 6 | 20 | -1 | 14 | |
| Net Cash Flow | -19 | -13 | 28 | -24 | -7 | -8 | 6 | -2 | -2 | 7 | 4 | 4 |
| Free Cash Flow | -8 | 1 | 63 | 19 | -25 | -16 | 13 | -29 | 8 | 6 | 44 | 54 |
| CFO/OP | 77% | 47% | 152% | 68% | 77% | 107% | -686% | 86% | 51% | 40% | 106% | 99% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 24 | 52 | 36 | 51 | 55 | 46 | 29 | 26 | 21 | 36 | 33 | 32 |
| Inventory Days | 26 | 33 | 38 | 42 | 42 | 39 | 78 | 76 | 53 | 54 | 53 | 49 |
| Days Payable | 26 | 34 | 38 | 45 | 43 | 32 | 71 | 63 | 44 | 39 | 47 | 50 |
| Cash Conversion Cycle | 23 | 51 | 37 | 48 | 54 | 53 | 36 | 39 | 30 | 51 | 39 | 31 |
| Working Capital Days | 8 | 37 | 24 | 35 | 40 | 38 | 22 | 5 | 14 | 36 | 49 | 56 |
| ROCE % | 54% | 52% | 32% | 34% | 33% | 24% | -4% | -9% | 3% | 5% | 11% | 16% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Capacity Utilization % |
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| Domestic Primary Dealers Number |
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| Electric Vehicle Sales (AGPL) Units |
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| Domestic Market Share % |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Monthly Business Updates
1 Jun - Atul Auto May 2026 sales rose 29.34% to 3,236 units; YTD domestic+export sales reached 6,237.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
28 May - Atul Auto filed its FY26 annual secretarial compliance report, noting full compliance and no observations.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 26 May
- Announcement under Regulation 30 (LODR)-Newspaper Publication 19 May
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Results For Financial Year Ended March 31, 2026
16 May - Atul Auto approved Q4/FY26 results and recommended Rs.3 final dividend per Rs.5 share.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Concalls
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Aug 2018TranscriptAI SummaryPPT
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Dec 2017Transcript PPT
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Sep 2017TranscriptPPT
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May 2017Transcript PPT
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Mar 2017TranscriptPPT
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Nov 2016TranscriptPPT
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Sep 2016TranscriptAI SummaryPPT
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Jun 2016TranscriptAI SummaryPPT
Business Overview:[1][2]
Atul Auto Ltd. (AAL) operates in the three-wheeler segment of the automotive industry, manufacturing a complete range of vehicles under the Atul brand. Its offerings span goods and passenger segments, including petrol, diesel, LPG, and electric variants, along with spare parts and allied products. The company holds approximately 4% of the domestic market and a 3% share in combined domestic and export sales among Indian manufacturers, making it the only player with such a comprehensive product portfolio in this space.