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Companies›Industrials›Capital Goods›Agricultural Commercial & Construction Vehicles
NSE:ATULAUTO

ATUL AUTO LIMITED

Capital Goods › Agricultural Commercial & Construction Vehicles
₹411.65
at close · 28 Oct 2026
▲ 1.10 (+0.27%)
ThemesBatteries & Energy Storage· growingElectric Vehicles· growing

Latest filings

Next results: Sat, 31 Oct · Financial Results
  1. Board meeting on Oct 31, 2026 to approve Q2/HY FY26-27 results · Results
  2. Routine compliance certificate for securities dematerialization Q2 FY27 · Compliance
  3. Atul Auto invests Rs 18.34 cr in subsidiary KAFL via rights issue · Business Updates
All filings ↓
Ask Nexa about ATUL AUTO LIMITED

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures three-wheelers in both internal combustion engine (IC engine) and electric vehicle (EV) variants, sold under its own brand and, for EVs, through a partnership with Exponent Energy targeting a minimum of 15,000 rapid-charging passenger 3-wheelers over three years. In FY26, the Automobiles Business accounted for 93.7% of segment revenue at Rs 779.19 crore, with FY26 three-wheeler sales volume of 38,449 units, up from 34,012 in FY25. The EV portfolio expanded through the acquisition of the L5 business division from subsidiary Atul Greentech Private Limited, effective January 15, 2026, via slump sale. A Non-Banking Financial Business made up the remaining 6.3% of segment revenue at Rs 52.43 crore, supporting financing activity. Monthly sales updates through FY27 show strong IC-engine-led growth, with total three-wheeler sales of 3,641 units in June 2026 and 3,800 units in July 2026, and YTD FY27 total sales of 9,878 units. Operations span 25 states domestically and exports go to over 20 countries. Materials at 69.6% of revenue are the dominant cost, and the FY26 EBITDA margin stood at 10.3%.

Revenue mix · reported segments
Automobiles Business93.7%
Non Banking Financial Business6.3%
Operating scale
FY26 three-wheeler sales volume
38,449 unitsFY26
FY25 three-wheeler sales volume
34,012 unitsFY25
July 2026 total three-wheeler sales
3,800 unitsJul 2026
June 2026 total three-wheeler sales
3,641 unitsJun 2026
Geographic presence
25 states in India; exports to over 20 countriesFY26
Exponent Energy EV partnership target
Minimum 15,000 rapid-charging passenger 3-wheelers over three years
Who pays it
Buyers of passenger and commercial three-wheelers in India and export markets, plus borrowers of the in-house non-banking finance arm
Biggest cost
Materials at 69.6% of revenue
Kind of business
Three-wheeler OEM (IC engine and EV) with a captive NBFC financing arm
Where it sits
Indian three-wheeler manufacturer with pan-India presence in 25 states and exports to over 20 countries
Market Cap
₹1,143 Cr
P / E (TTM)
24.2×
EV / EBITDA
13.6×
Div Yield
—
Growth
22.7%▲
Revenue 5y CAGR
PAT — · EBITDA —
Quality
5.1%·
ROCE (5y median)
ROE 1.6% (5y median) · margin 10.3%
Leverage
0.29·
Debt / Equity · low
Net debt ₹121 Cr
Revenue FY21→FY26
2.8×▲
Margin +8.0 pts
₹296 Cr → ₹824 Cr
Cash conversion
-2.27×▼
Operating cash ÷ profit · 5 yrs
₹-107 Cr on ₹47 Cr
Moves on a normal day
1.22%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 11 Agricultural Commercial & Construction Vehicles peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#4/11
P/B#2/11
ROCE#7/11
ROE#8/11
Debt / Equity#7/11
EBITDA margin#9/12
Revenue growth#2/11
Profit growth#1/10

Scorecard

Measured from the filed financials, judged against its Agricultural Commercial & Construction Vehicles peers · as of FY26 — not investment advice

Strengths
Revenue compounding 23% a year over 5 years
Concerns
Returns on capital 5.1% (5-year median)
#7 of 11 in Agricultural Commercial & Construction Vehicles on the latest reported figures · up from −4.0% in FY21
Over 5 years it reported ₹47 Cr of profit and an operating cash outflow of ₹107 Cr — -2.27×
Less than 60p of every ₹1 of profit arrived as cash

Charts

How has the market priced it — with filings on the timeline?

ATULAUTO · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from ATUL AUTO LIMITED's filed financials and exchange disclosures

What does ATUL AUTO LIMITED do?

ATUL AUTO LIMITED is a Agricultural Commercial & Construction Vehicles company listed on NSE and BSE, trading under the symbol ATULAUTO.

Is ATUL AUTO LIMITED profitable?

Yes. Over the trailing twelve months ATUL AUTO LIMITED reported a net profit of ₹49 Cr on revenue of ₹890 Cr.

Does ATUL AUTO LIMITED pay a dividend?

Not in the latest reported year — ATUL AUTO LIMITED's dividend payout for FY26 was nil.

Is ATUL AUTO LIMITED debt-free?

No. It reported borrowings of ₹145 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹121 Cr after cash. Debt stands at 0.29× equity. That is higher than 60% of its 11 Agricultural Commercial & Construction Vehicles peers.

Is ATUL AUTO LIMITED expensive compared with its peers?

On trailing P/E, ATUL AUTO LIMITED ranks 4 of 11 in Agricultural Commercial & Construction Vehicles — cheaper than 70% of them, against an industry median of 27.8×. This is a position, not a valuation judgement.

How much does the ATUL AUTO LIMITED share price move in a day?

On a typical session ATUL AUTO LIMITED moves 1.22% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

When are ATUL AUTO LIMITED's next results?

Financial Results on Sat, 31 Oct. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track ATUL AUTO LIMITED's announcements?

Every NSE and BSE filing by ATUL AUTO LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.