Overview

Detailed Summary

Atul Auto Ltd. is a leading manufacturer of three-wheeler commercial vehicles in Gujarat, India. It has a significant market presence, offering a range of diesel and electric three-wheelers.
Originally incorporated in 1986, the company transitioned to a public limited company in 1994 and has continuously expanded its manufacturing and product capacities.
Atul Auto sells both domestically and internationally, supported by a robust network of 150 exclusive dealers and more than 100 sub-dealers across 16 Indian states.
The company ventured into electric vehicles with the introduction of electric three-wheelers in 2017, indicating a strategic move towards sustainable transportation solutions.
Its acquisition of Khushbu Auto Finance Limited strengthened its financial service offerings, signaling diversification beyond vehicle manufacturing.

Sector: Agricultural, Commercial & Construction Vehicles
Industry: Commercial Vehicles
Market Cap: 1,138 Cr
Volatility: High Risk
P/E Ratio: 23.1
Industry P/E: 23.2
PEG Ratio: 0.0
P/B Ratio: 2.4
52W High: 596.65
52W Low: 381.00

Sales CAGR

1Y: 14.07%
3Y: 18.29%
5Y: 21.57%
10Y: 4.43%

Profit CAGR

1Y: 135.71%
3Y: 130.25%
5Y: —
10Y: 4.21%

ROE

TTM: 8.74%
3Y: 5.34%
5Y: 2.60%
10Y: 7.25%

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Peers

Industrials Capital Goods Commercial Vehicles

Symbol	Watchlist	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
ATULAUTO		417.60	1,138 Cr	23.12	2.35	0.73	8.74	10.34	6.40
TEJASCARGO		410.00	980 Cr	46.80	5.07	0.00	10.83	10.95	4.68
TANKUP		1823.45	966 Cr	201.99	32.52	0.00	16.09	11.81	6.59
ANLON		801.50	590 Cr	126.40	4.81	0.00	19.09	24.24	12.74
ASHWINI		155.00	234 Cr	14.75	2.55	0.00	52.30	23.73	13.12
POOJALOGIS		132.70	189 Cr	17.95	2.18	0.00	29.17	23.53	0.00
DRSDILIP		103.50	161 Cr	26.42	4.03	0.00	15.24	17.84	7.03
Median: 7 Co.	—	410.00	590 Cr	26.42	4.03	0.00	16.09	17.84	6.59

Consolidated Quarterly Results (in ₹ Crores)

View Standalone

Total

QoQ

YoY

Total

	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	160	135	182	195	211	153	200	231	241	218
Expenses	147	128	169	178	196	143	182	203	213	202
Operating Profit	13	7.55	13	17	15	10	19	28	27	17
OPM %	8.31	5.59	7.15	8.54	7.16	6.55	9.25	12.25	11.35	7.72
Other Income	0.79	0.64	0.53	0.71	0.64	0.28	0.38	-0.84	0.95	1.30
Interest	3.21	2.34	2.44	2.86	2.54	2.49	2.64	2.72	1.44	2.73
Depreciation	4.43	4.50	4.53	4.53	4.46	4.55	4.65	4.69	4.59	4.67
Profit Before Tax	6.46	1.35	6.54	9.98	8.75	3.25	12	20	22	11
Tax %	24.46	43.70	30.12	28.66	32.69	36.62	28.71	27.17	17.59	25.35
Net Profit	4.88	0.76	4.57	7.12	5.89	2.06	8.27	15	18	8.04
EPS in Rs	1.92	0.27	1.65	2.57	2.12	1.06	3.30	5.52	5.33	2.86

Consolidated Profit Loss (in ₹ Crores)

View Standalone

Total

YoY

Total

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	532	569	667	625	296	315	513	527	723	824	890
Expenses	416	483	585	554	304	332	477	487	670	740	799
Operating Profit	116	86	81	71	-7.66	-16	36	40	52	84	91
OPM %	21.82	15.09	12.22	11.38	-2.59	-5.16	7.07	7.58	7.24	10.20	10.22
Other Income	2.46	2.57	6.87	3.14	1.66	1.30	1.50	2.06	2.52	0.77	1.79
Interest	0.58	0.42	0.86	1.03	0.88	8.29	16	13	10	9.29	9.53
Depreciation	5.28	5.26	5.54	6.40	6.56	9.62	16	18	18	18	19
Profit Before Tax	56	69	82	67	-13	-33	5.78	11	27	57	65
Tax %	33.96	33.47	35.18	21.89	22.32	22.55	45.85	33.99	31.10	24.29	23.85
Net Profit	37	46	53	52	-10	-25	3.13	7.07	18	43	49
EPS in Rs	—	—	—	19.31	-2.95	-9.00	1.54	2.32	6.61	15.21	17.01
Dividend Payout %	25.39	24.05	15.94	6.14	0.00	0.00	0.00	0.00	0.00	19.70	—

Consolidated Balance Sheet (in ₹ Crores)

View Standalone

Total

YoY

Total

	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	12	14	14	14
Reserves	173	210	251	297	289	266	336	406	427	470
Borrowings	0.00	0.00	0.00	0.74	16	188	171	144	110	145
Other Liabilities	61	80	95	72	72	81	90	91	130	141
Total Liabilities	245	301	357	380	388	545	609	655	680	769
Fixed Assets	86	86	93	93	90	199	258	250	246	237
CWIP	3.16	5.26	37	117	150	60	1.29	0.14	1.28	2.71
Investments	24	61	26	18	31	0.00	17	23	0.00	57
Other Assets	131	149	200	152	117	285	332	382	433	473
Total Assets	245	301	357	380	388	545	609	655	680	769

Consolidated Cash Flows (in ₹ Crores)

View Standalone

Total

YoY

Total

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	71	26	35	57	52	-169	-18	-0.79	25	40
Cash from Investing Activity	-29	-39	-28	-58	-60	4.17	-24	-14	8.70	-66
Cash from Financing Activity	-14	-11	-15	-7.35	14	164	39	30	-37	33
Net Cash Flow	28	-24	-7.02	-8.33	6.16	-1.07	-2.31	16	-2.85	6.65

Shareholding History

Quarterly

Yearly

Quarterly

	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	42.73%	42.73%	42.73%	42.73%	42.73%	42.73%	42.73%	42.73%	42.70%	42.70%	42.70%	42.70%
FIIs	0.45%	0.49%	0.47%	0.58%	0.57%	0.63%	0.69%	0.38%	0.38%	0.38%	0.84%	0.53%
DIIs	0.41%	0.41%	0.41%	0.41%	0.31%	0.13%	0.13%	0.13%	0.10%	0.10%	0.10%	0.07%
Public	56.41%	56.37%	56.39%	56.27%	56.38%	56.51%	56.44%	56.76%	56.82%	56.83%	56.36%	56.70%
Total Shareholders	46,849	49,414	49,815	49,228	57,803	58,649	59,882	60,504	63,289	61,382	59,046	59,890

Projection

Investor Presentation

Q1 FY19

Investor Presentation

Q2 FY18

Investor Presentation

Q4 FY17

Investor Presentation

Q1 FY17

Investor Presentation

Q4 FY16

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Regulatory/Compliance Filing

12 hours ago

Atul Auto Ltd — Certificate under Reg. 74(5)

Atul Auto Ltd files certificate under Regulation 74(5) of SEBI (DP) Regulations confirming securities received for dematerialisation were mutilated/cancelled and depository names substituted for quarter ended 2026-09-30.

Frequently Asked Questions about Atul Auto Ltd

Atul Auto Ltd (ATULAUTO) is currently trading at 417.60 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.

Atul Auto Ltd. is a leading manufacturer of three-wheeler commercial vehicles in Gujarat, India. It has a significant market presence, offering a range of diesel and electric three-wheelers. Originally incorporated in 1986, the company transitioned to a public limited company in 1994 and has continuously expanded its manufacturing and product capacities. Atul Auto sells both domestically and internationally, supported by a robust network of 150 exclusive dealers and more than 100 sub-dealers across 16 Indian states. The company ventured into electric vehicles with the introduction of electric three-wheelers in 2017, indicating a strategic move towards sustainable transportation solutions. Its acquisition of Khushbu Auto Finance Limited strengthened its financial service offerings, signaling diversification beyond vehicle manufacturing.

Over the past 52 weeks, Atul Auto Ltd has traded between a low of ₹381.00 and a high of ₹596.65. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.

Atul Auto Ltd has a market capitalization of approximately 1,137.94. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.

Atul Auto Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 23.12 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.

Based on its market capitalization of 1,137.94 Cr, Atul Auto Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.

Atul Auto Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.

The Price-to-Earnings (PE) ratio of Atul Auto Ltd is 23.12. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.

Atul Auto Ltd

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