Atul Auto Limited has informed the Exchange that Board of Directors at its meeting held on May 16, 2026, recommended Final Dividend of Rs. 3 per equity share.
ATULAUTO · price
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Atul Auto Limited's Board of Directors meeting on May 16, 2026 recommended a final dividend of Rs. 3 per equity share (face value Rs. 5 each), subject to shareholder approval. The company reported robust FY26 results with three-wheeler sales volume increasing 13% to 38,449 units from 34,012 units in FY25. Gross sales rose to Rs. 77,441 lakhs from Rs. 67,442 lakhs, while net profit jumped 54% to Rs. 5,371 lakhs from Rs. 3,479 lakhs. Basic EPS improved to Rs. 19.35 from Rs. 12.54. The company also completed acquisition of L5 Division from subsidiary Atul Greentech Private Limited effective January 15, 2026 via slump sale. The auditors issued an unmodified opinion on the financial results.
The recommendation of Rs. 3 dividend reflects healthy shareholder returns amid strong profit growth. The 54% jump in net profit demonstrates operational strength and could support the stock price. However, the dividend amount is unchanged from the prior year, suggesting a stable rather than increased payout.