Atul Auto Limited
NSE: ATULAUTO · Commercial Vehicles · sector
₹391.55NSE close 2026-10-26
Key numbers
Market cap₹1,087 cr
Price₹391.55
52w high / low₹597 / ₹380
P/E23.0xSector median 33.8x
P/B2.2xSector median 5.8x
Book value₹174.2
Dividend yield–Sector median 1.29%
ROE10.2%Sector median 26.3%
ROCE11.8%Sector median 12.9%
OPM10.1%Sector median 10.1%
Debt / equity0.30xSector median 0.38x
EV/EBITDA12.8xSector median 18.2x
Interest cover7.8x
Current ratio1.58x
Sales growth 3y+17.1%Sector median +15.9%
Profit growth 3y+119.4%Sector median +100.5%
PEG0.22x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 5 companies in Commercial Vehicles (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹82 cr vs borrowings ₹145 cr (FY26): borrowings are higher by ₹62 cr.
- Operating profit covered interest 7.8x in the last 12 months.
- Operating cash flow was below net profit in 3 of the last 5 years (FY24, FY23, FY22).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 7% of net profit in the last 12 months.
- No dividend in the last 5 financial years.
- Price ₹391.55 on 2026-10-26: -34.4% from the 52-week high, +3.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹657.20 · low ₹391.10
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 182 | 195 | 211 | 153 | 200 | 231 | 241 | 218 |
| EBITDA | 13 | 17 | 15 | 10 | 19 | 27 | 27 | 17 |
| OPM % | 7.1% | 8.5% | 7.2% | 6.6% | 9.2% | 11.6% | 11.4% | 7.7% |
| Other income | 1 | 1 | 1 | 0 | 0 | 1 | 1 | 1 |
| Net profit | 5 | 8 | 7 | 3 | 9 | 15 | 15 | 8 |
| EPS (₹) | 1.65 | 2.57 | 2.12 | 1.06 | 3.30 | 5.52 | 5.33 | 2.86 |
| Revenue YoY | +10.2% | +18.4% | +14.0% | +43.0% | ||||
| Profit YoY | +69.5% | +98.1% | +106.9% | +168.8% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 315 | 513 | 527 | 723 | 824 | 890 |
| EBITDA | -16 | 36 | 40 | 52 | 83 | 90 |
| Net profit | -25 | 4 | 9 | 22 | 42 | 47 |
| EPS (₹) | -11.37 | 1.82 | 3.39 | 6.61 | 15.23 | 17.01 |
| Revenue growth | +62.7% | +2.8% | +37.1% | +14.1% | +20.2% | |
| Profit growth | – | +124.5% | +140.9% | +95.4% | +103.1% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +17.1% | +22.7% | +20.2% |
| Net profit | +119.4% | – | +103.1% |
| EPS | +103.0% | – | – |
| Share price | – | -19.9% (2y) | -18.9% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 348 | 420 | 441 | 484 |
| Borrowings | – | 171 | 144 | 110 | 145 |
| Cash & equivalents | – | 22 | 45 | 20 | 82 |
| Total assets | – | 609 | 655 | 680 | 769 |
| Fixed assets | – | 257 | 245 | 242 | 235 |
| Capital work in progress | – | 1 | 0 | 1 | 3 |
| Investments | – | 0 | 2 | 0 | 1 |
| Receivables | – | 27 | 48 | 53 | 69 |
| Inventory | – | 67 | 76 | 89 | 92 |
| Payables | – | 47 | 40 | 67 | 79 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -169 | -18 | -1 | 34 | 47 |
| Cash from investing | 4 | -24 | -14 | 9 | -66 |
| Cash from financing | 164 | 39 | 30 | -45 | 26 |
| Capex | 9 | 7 | 9 | 17 | 11 |
| Free cash flow | -179 | -25 | -9 | 17 | 36 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 1.1% | 2.1% | 4.9% | 8.7% |
| ROCE % | – | 4.3% | 4.2% | 6.7% | 10.6% |
| Debtor days | – | 19 | 33 | 27 | 30 |
| Inventory days | – | 66 | 74 | 62 | 58 |
| Payable days | – | 47 | 39 | 47 | 50 |
| Cash conversion cycle (days) | – | 38 | 68 | 42 | 38 |
| Working capital days | – | 26 | 73 | 61 | 57 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 42.70% |
| FIIs | 0.59% |
| DIIs | 0.07% |
| Public (non-institutions) | 56.64% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 42.73% | 42.73% | 42.73% | 42.70% | 42.70% | 42.70% | 42.70% | 42.70% |
| Promoter group | % |
|---|---|
| Chandra Mahesh | 7.10% |
| Jayantibhai Chandra | 5.23% |
| Dharmendrabhai Jagjivandas Chandra | 4.57% |
| Harishkumar Jagjivan Chandra | 3.82% |
| Bharatbhai Jagjivandas Chandra | 3.52% |
| Manishaben Atulkumar Chandra | 3.10% |
| Khushbu Auto Private Limited | 2.33% |
| Hiren Vasantrai Patel | 1.04% |
| Mahendrakumar Jamnadas Patel | 1.00% |
| Rekhaben Maheshbhai Chandra | 0.92% |
| Chetankumar Vasantrai Patel | 0.79% |
| Harshaben Harishbhai Chandra | 0.76% |
| Krunal J. Chandra | 0.73% |
| Hirenkumar V Patel HUF | 0.59% |
| Ramaben Dayalal Patel | 0.57% |
| Public holders above 1% | % |
|---|---|
| Vijay Kedia | 18.20% |
| Kedia Securities Private Limited | 2.71% |
57,961 shareholders. Pledged: – of promoter shares.
Peers in Commercial Vehicles
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| TMCV | ₹1,41,522 cr | 33.8x | 11.1x | 32.9% | 37.4% | 8.4% | – | – |
| ASHOKLEY | ₹83,351 cr | 24.0x | 5.8x | 26.3% | 12.9% | 18.4% | +10.6% | 2.20% |
| SMLMAH | ₹6,684 cr | 45.4x | 11.9x | 29.3% | 36.2% | 8.5% | +15.9% | 0.38% |
| ATULAUTO | ₹1,087 cr | 23.0x | 2.2x | 10.2% | 11.8% | 10.1% | +17.1% | – |
| KETOMOTORS | ₹246 cr | 545.3x | 4.2x | 0.8% | 0.3% | 14.2% | – | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Automobiles Business | ₹779 cr | 93.7% | ₹49 cr | 6.3% |
| Non Banking Financial Business | ₹52 cr | 6.3% | ₹12 cr | 22.5% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-11 | Dividend | Dividend - Rs 3 Per Share |
| 2024-09-19 | Other | Annual General Meeting |
| 2023-09-22 | Other | Annual General Meeting |
| 2022-09-19 | Other | Annual General Meeting |
| 2021-09-20 | Other | Annual General Meeting |
| 2020-09-21 | Other | Annual General Meeting |
| 2019-11-21 | Dividend | Interim Dividend - Rs 1.5 Per Share |
| 2019-09-20 | Dividend | Annual General Meeting/Dividend - Rs 1.25 Per Share |
| 2018-11-16 | Dividend | Interim Dividend - Rs 2.75 Per Sh |
| 2018-09-19 | Dividend | Annual General Meeting/Dividend- Rs 2.50 Per Share |
| 2017-12-13 | Dividend | Interim Dividend - Rs 2.75 Per Share |
| 2017-09-21 | Dividend | Annual General Meeting/ Dividend - Rs 1.5 Per Share |
| 2016-11-23 | Dividend | Interim Dividend Rs 2.75 Per Share |
| 2016-09-08 | Dividend | Annual General Meeting/ Dividend - Rs 2.50 Per Share |
| 2015-11-10 | Dividend | Interim Dividend - Rs 2.75/- Per Share |
| 2015-08-21 | Dividend | Annual General Meeting/ Dividend - Rs 2.50/- Per Share |
| 2014-11-13 | Dividend | Interim Dividend - Rs 2.50/- Per Share |
| 2014-09-12 | Split | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 5/- Per Share |
| 2014-08-05 | Dividend | Annual General Meeting / Final Dividend - Rs 3.5/- Per Share (Book Closure Dates Revised) |
| 2013-11-08 | Dividend | Interim Dividend - Rs 4/- Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Industrials |
| Industry | Commercial Vehicles |
| Sub-industry | Commercial Vehicles |
| Symbol | ATULAUTO |
| BSE code | 531795 |
| ISIN | INE951D01028 |
| Face value | ₹5.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.