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Atul Auto Ltd

Company details

323.75
338.50
145.10
369.05
6M Return 85.82%
1Y Return 68.99%
Mkt Cap.(Cr) 718.63
Volume 23,096
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 23,096

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About The Stock

    About the stock: Atul Auto (AAL) is a prominent 3-W manufacturer based out of Gujarat with broad-based presence across segments and fuel types.

    • Fourth largest 3-W player with FY21 domestic market share at 7.1% (10.3% in cargo segment and 5.1% in passenger segment)
    • History of healthy capital efficiency as well as positive cash flow generation

Q3FY22

    The company posted dismal Q3FY22 results.

    • Revenues rose 14% QoQ to ₹ 91.3 crore amid 12.5% volume growth to 5,168 units and 2% ASP increase to ₹ 1.76 lakhs/unit
    • Margins came in negative at -8%, down 235 bps QoQ
    • Consequent loss was at ₹ 8.5 crore

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OUR RESEARCH VIEW

Investment recommendation

Call Date

05 Apr 2022

Entry Price

175.00

Target Price

210.00

Duration

12-18 Month

FINANCIALS

Sales

Operating Profit

Profit after Tax

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after Tax

PE

Debt/Equity

P BV

COMPARISION

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 308.45 Cr FV: 5.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 10,846.35 -17,022.91
LAST 3M 25,915.29 -5,903.92
LAST 6M 50,214.07 67,090.14
LAST 12M 182,243.81 -105,158.90

INFORMATION

Stock PE (TTM)

0

Promoter Holding

52.7%

Book Value

128.9518

ROCE

-6.27%

ROE

-8.84%

Description

  • Incorporated as a private limited company in Jun.`86, Atul Auto was converted into a public limited company in Aug.`94. It was promoted by Jayantibhai J Chandra, Atul J Chandra and Mahendra J Patel. The company set up its plant at Shapar (Rajkot district), Gujarat, with financial assitance from GSFC. Commercial production commenced in Jul.`92. It manufactures diesel three wheelers like 6-seater auto rickshaws, pick-up vans for local transportation of goods and chassis of passenger vehicles. These vehicles are marketed under the Khushbu brand name. In 1995-96, the company undertook a project to create additional facilities for the expansion of its three wheelers capacity from 1080 to 3680 vehicles pa and also to establish manufacturing facilities for diesel operated motorcycle with a capacity of 3500 vehicles pa at its existing plant at Rajkot. A public issue was made to the extent of Rs.536.25 lacs. In 1997-98, the company installed its capacity of Motor Bikes FUZI by 3500 Nos. The Automobile Research Association of India has approved vehicle of the company Khushbu RTVG complying with EURO II emission norms during 1999-2000. During 2001-02 Atul Auto ltd has acquired additional 2,20,500 equity shares in M/s Khushbu Auto Finance Pvt Ltd resulting the total holding in such company being the 51% of the equity share capital. Thus Khushbu Auto Finance Pvt Ltd became the subsidiary of the company from 1st April,2002.

No Data Found

AGM Date (Month) : Sep
Face Value Equity Shares : 5
Market Lot Equity Shares : 1
BSE Code : 531795
NSE Code : ATULAUTO
Book Closure Date (Month) :
BSE Group : B
ISIN : INE951D01028

ICICIdirect Atul Auto Ltd FAQ

You can buy Atul Auto Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Atul Auto Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Jan 25, 2023 04:01 PM the closing price of Atul Auto Ltd was ₹ 327.50.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Jan 25, 2023 04:01 PM, the market cap of Atul Auto Ltd stood at ₹ 718.63.
The latest PE ratio of Atul Auto Ltd as of Jan 25, 2023 04:01 PM is 0
The latest PB ratio of Atul Auto Ltd as of Jan 25, 2023 04:01 PM is 0.39
The 52-week high of Atul Auto Ltd is ₹ 369.05 while the 52-week low is ₹ 145.10
According to analyst recommendations, Atul Auto Ltd has a “Buy” rating for the long term.

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