Atul Auto Ltd
- Market Cap ₹ 1,371 Cr.
- Current Price ₹ 494
- High / Low ₹ 554 / 380
- Stock P/E 38.5
- Book Value ₹ 163
- Dividend Yield 0.00 %
- ROCE 6.48 %
- ROE 4.99 %
- Face Value ₹ 5.00
Pros
Cons
- Stock is trading at 3.03 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 2.98% 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2007 | Mar 2008 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 122 | 80 | 531 | 475 | 556 | 667 | 625 | 296 | 315 | 513 | 527 | 723 | 795 | |
| 119 | 82 | 455 | 416 | 483 | 585 | 554 | 304 | 332 | 477 | 487 | 670 | 723 | |
| Operating Profit | 3 | -1 | 76 | 60 | 73 | 81 | 71 | -8 | -16 | 36 | 40 | 52 | 72 |
| OPM % | 2% | -2% | 14% | 13% | 13% | 12% | 11% | -3% | -5% | 7% | 8% | 7% | 9% |
| 17 | 16 | 1 | 2 | 3 | 7 | 3 | 2 | 1 | 2 | 2 | 2 | 0 | |
| Interest | 6 | 9 | 1 | 1 | 0 | 1 | 1 | 1 | 8 | 16 | 13 | 10 | 10 |
| Depreciation | 3 | 3 | 5 | 5 | 5 | 6 | 6 | 7 | 10 | 16 | 18 | 18 | 18 |
| Profit before tax | 11 | 3 | 72 | 56 | 69 | 82 | 67 | -13 | -33 | 6 | 11 | 27 | 44 |
| Tax % | 37% | 53% | 34% | 34% | 33% | 35% | 22% | -22% | -23% | 46% | 34% | 31% | |
| 7 | 1 | 47 | 37 | 48 | 55 | 54 | -8 | -25 | 3 | 7 | 18 | 31 | |
| EPS in Rs | 21.60 | 16.73 | 21.82 | 25.09 | 24.43 | -3.73 | -11.37 | 1.68 | 3.24 | 7.79 | 12.47 | ||
| Dividend Payout % | 12% | 45% | 25% | 25% | 24% | 16% | 6% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 3% |
| 3 Years: | 32% |
| TTM: | 18% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -17% |
| 3 Years: | 42% |
| TTM: | 80% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 24% |
| 3 Years: | 11% |
| 1 Year: | 9% |
| Return on Equity | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 0% |
| 3 Years: | 3% |
| Last Year: | 5% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2007 | Mar 2008 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 6 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 12 | 14 | 14 | 14 |
| Reserves | 27 | 28 | 142 | 173 | 210 | 251 | 297 | 289 | 266 | 336 | 406 | 427 | 439 |
| 83 | 87 | 0 | 0 | 0 | 0 | 1 | 16 | 188 | 171 | 144 | 110 | 145 | |
| 32 | 27 | 67 | 61 | 80 | 95 | 72 | 72 | 81 | 90 | 91 | 120 | 137 | |
| Total Liabilities | 148 | 147 | 221 | 245 | 301 | 357 | 380 | 388 | 545 | 609 | 655 | 671 | 735 |
| 36 | 34 | 85 | 87 | 87 | 94 | 93 | 90 | 199 | 258 | 250 | 246 | 242 | |
| CWIP | 1 | 10 | 3 | 3 | 5 | 37 | 117 | 150 | 60 | 1 | 0 | 1 | 1 |
| Investments | 0 | 0 | 0 | 23 | 60 | 26 | 18 | 31 | 0 | 17 | 23 | 0 | 24 |
| 111 | 103 | 133 | 131 | 149 | 200 | 152 | 117 | 285 | 332 | 382 | 424 | 468 | |
| Total Assets | 148 | 147 | 221 | 245 | 301 | 357 | 380 | 388 | 545 | 609 | 655 | 671 | 735 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2007 | Mar 2008 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -4 | 1 | 11 | 71 | 26 | 35 | 57 | 52 | -169 | -18 | -10 | 25 | |
| -7 | -10 | -10 | -29 | -39 | -28 | -58 | -60 | 4 | -24 | -14 | 9 | |
| 12 | 9 | -14 | -14 | -11 | -15 | -7 | 14 | 164 | 39 | 40 | -37 | |
| Net Cash Flow | 1 | 0 | -13 | 28 | -24 | -7 | -8 | 6 | -1 | -2 | 16 | -3 |
| Free Cash Flow | -11 | -9 | 1 | 63 | 19 | -25 | -17 | 1 | -179 | -25 | -19 | 9 |
| CFO/OP | -16% | -223% | 47% | 152% | 68% | 77% | 107% | -684% | 1,006% | -43% | -21% | 67% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2007 | Mar 2008 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 25 | 18 | 52 | 36 | 51 | 55 | 46 | 29 | 23 | 19 | 33 | 27 |
| Inventory Days | 76 | 113 | 33 | 38 | 42 | 42 | 78 | 80 | 66 | 76 | 63 | |
| Days Payable | 39 | 42 | 34 | 38 | 45 | 43 | 71 | 63 | 47 | 40 | 48 | |
| Cash Conversion Cycle | 62 | 89 | 51 | 37 | 48 | 54 | 46 | 36 | 39 | 38 | 69 | 42 |
| Working Capital Days | 270 | 396 | 37 | 24 | 35 | 40 | 37 | 11 | 15 | 10 | 41 | 51 |
| ROCE % | 16% | 9% | 32% | 34% | 34% | 24% | -4% | -6% | 4% | 4% | 6% |
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 % ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Monthly Business Updates
1 May - Atul Auto April 2026 sales rose 73.97% to 3,001 units, including 687 EVs.
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Board Meeting Intimation for Adoption Of Financial Results And Recommendation Of Dividend If Any
28 Apr - Board meeting on May 16, 2026 to approve FY26 results and consider final dividend.
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
28 Apr - Atul Auto confirms it is not a large corporate; outstanding borrowings were nil as of 31 March 2026.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
24 Apr - Atul Auto and Exponent Energy launch 15-minute rapid-charging 3-wheelers, committing 15,000 vehicles over three years.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
24 Apr - Atul Auto signs MOU with Exponent Energy to supply 15,000 electric three-wheelers over three years.
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.