Fin Cascade

Prices as of 9 Oct 2026 close · Not investment advice

Atul Auto Limited

NSE: ATULAUTOCommercial Vehicles

Share price

₹416.60

+1.52% close of 9 Oct 2026

Market cap ₹1,166 CrP/E 24.3

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 7 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

66

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹1,166 Cr

P/E ratio

24.3

P/B ratio

2.4

ROCE

11.3%

ROE

9.3%

Dividend yield

0.7%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹580.9552-week low ₹382.20

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Our sales figures for this company step down at Jun 2020 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.

Whether it grew faster than its sector

Our sales figures for this company step down at Jun 2020 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.

Room to re-rate, or risk of de-rating

Too little price history yet to compare it with its own past.

Whether growth justifies the valuation

Priced at 0.2 times its growth rate, on earnings growth of 125%.

Profit growthPrice per ₹1 profitPer 1% growth
Atul Auto Limited — this one125%/yr23.9×—
Tata Motors Limited—20.5×—
Ashok Leyland45%/yr22.9×₹0.51
SML Mahindra Limited100%/yr52.2×₹0.52
Tata Motors———

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Commercial Vehicles), it ranks 5 of 5 on returns. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 11.3% on capital, ahead of 0% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the last five years the business itself consumed ₹132 crore of cash before any plant spend, funded from shareholders — borrowings did not rise. But only about 43 of every 100 rupees of profit it reported over 12 years arrived as cash — the rest is tied up.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

8 of 9 checks clear · 89%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Revenue up 43% year on year and profit four times higher, but down 55% from the March quarter

Announced 8 Aug 2026 · Consolidated · Unaudited

Revenue

₹218 Cr

Revenue vs last year

+42.8%

Revenue vs last quarter

-9.4%

Net profit

₹8 Cr

Profit vs last year

+302.0%

Profit vs last quarter

-55.3%

Net margin

3.7%

EPS

₹2.86

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹1,166 Cr
Prev close
₹416.60
52w High
₹597
52w Low
₹380
Enterprise value
₹1,229 Cr
Beta
1.3
Price CAGR 1y
-12.0%
Price CAGR 3y
-11.0%
Price CAGR 5y
13.0%
Price CAGR 10y
-1.0%

Ratios

Return on assets
5.6%
PEG ratio
0.2
P/E ratio
24.3
P/B ratio
2.4
EV / EBITDA
13.5
Industry P/E
30.7
ROCE
11.3%
ROCE 5y average
3.8%
ROE
9.3%
Debt / Equity
0.3
Interest coverage
7.3
Dividend yield
0.7%
ROE 3y average
6.0%
ROE last year
9.0%

Annual P&L

Annual revenue
₹824 Cr
Annual profit
₹43 Cr
Operating margin
10.0%
Net profit margin
5.2%
EBITDA margin
10.2%
Sales growth 3y
17.1%
Sales growth 5y
22.7%
Profit growth 3y
125.0%
Profit growth 5y
47.0%
EPS
₹15.2
Sales growth TTM
20.0%
Profit growth TTM
107.0%
Dividend payout
20.0%

Quarter P&L

Sales latest quarter
₹218 Cr
Profit latest quarter
₹8 Cr
YoY quarterly sales growth
43.0%
YoY quarterly profit growth
290.3%
OPM latest quarter
7.7%

Balance Sheet

Book Value
₹173
Face Value
₹5.0
Total debt
₹145 Cr
Total cash
₹26 Cr
Borrowings
₹145 Cr
Reserves / Equity
33.6

Cash Flow

Operating cash flow
₹40 Cr
Free cash flow
₹29 Cr
FCF yield
1.7%
Net cash flow
₹7 Cr

Shareholding

Promoter holding
42.7%
FII holding
0.5%
DII holding
0.1%
Public holding
56.7%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Tata Motors427.9021.31,57,7680.932,556.087.020,667.019.335.9
Ashok Leyland149.2023.587,6382.35667.80.813,069.611.613.6
SML Mahindra6,095.0056.48,8260.3963.6-5.0957.513.230.9
Atul Auto426.2524.51,1810.708.0168.8218.443.011.3
Median427.0724.048,2320.81365.743.97,013.616.322.3

Competes with: Ashok Leyland, SML Mahindra Limited, Tata Motors Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales60153154160135182195211153200231241218
Expenses64136141147128169178196143182203213202
Material Cost146113151152158164
Change in Inventories11-7.45-101012-8.88
Purchases of Stock-in-Trade00000.980
Employee Cost192021202123
Other Expenses191820202123
Operating Profit-4.251714137.551317151019282717
OPM %-7.12118.888.315.587.158.547.166.559.2512117.72
Other Income0.390.140.740.790.640.530.710.640.280.38-0.840.951.30
Exceptional items (within Other Income)000-1.3800
Interest3.882.963.203.212.342.442.862.542.492.642.721.442.73
Depreciation4.504.574.574.434.504.534.534.464.554.654.694.594.67
Profit before tax-129.816.686.461.356.549.988.753.2512202211
Tax %-23273324443029333729271825
Net Profit-9.417.134.474.880.764.577.125.892.068.2715188.04
EPS in Rs-3.472.741.831.920.481.952.792.581.063.305.535.332.86
Diluted EPS in Rs2.121.063.305.525.332.86

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2008Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales80531475556667625296315513527723824890
Expenses82455416483585554304332477487670740799
Material Cost516574
Change in Inventories4.974.65
Purchases of Stock-in-Trade00.98
Employee Cost7481
Other Expenses7679
Operating Profit-17660738171-8-163640528491
OPM %-1.801413131211-2.60-57871010
Other Income16123732122212
Exceptional items (within Other Income)0-1.38
Interest911011181613109.2910
Depreciation3555667101618181819
Profit before tax37256698267-13-33611275765
Tax %533434333522-22-2346343124
Net Profit14737485554-8-2537.07184349
EPS in Rs2217222524-3.73-111.683.247.791517
Diluted EPS in Rs6.6115
Dividend Payout %452525241660000020

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
4%
5 years
23%
3 years
17%
TTM
20%

Compounded profit growth

10 years
-1%
5 years
47%
3 years
125%
TTM
107%

Stock price CAGR

10 years
-1%
5 years
13%
3 years
-11%
1 year
-12%

Return on equity

10 years
8%
5 years
3%
3 years
6%
Last year
9%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2008Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital61111111111111112141414
Reserves28142173210251297289266336406427470
Borrowings870000116188171144110145
Other Liabilities27676180957272819091120135
Minority Interest5.636.60
Total Liabilities147221245301357380388545609655671763
Fixed Assets34858787949390199258250246237
CWIP1033537117150601013
Investments00236026183101723057
Other Assets103133131149200152117285332382424467
Total Assets147221245301357380388545609655671769

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2008Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity1117126355752-169-18-102540
Cash from Investing Activity-10-10-29-39-28-58-604-24-149-66
Cash from Financing Activity9-14-14-11-15-7141643940-3733
Net Cash Flow0-1328-24-7-86-1-216-37
Free Cash Flow-916319-25-171-179-25-198.6029

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2008Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days185236515546292319332730
Inventory Days11333384242788066766258
Days Payable4234384543716347404750
Cash Conversion Cycle895137485446363938694238
Working Capital Days3963724354037111510415119
ROCE %932343424-4-644611

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters434343434343434343434343
FIIs0.460.490.480.590.580.630.690.370.010.380.840.53
DIIs0.410.410.410.410.310.130.130.130.100.100.100.07
Public565656565657565757575657
No. of Shareholders46,84949,41449,81549,22857,80358,64959,88260,50463,28961,38259,04659,890

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -17.6% (₹505.80 → ₹416.60)Brick size ₹14.08 (fixed)Bricks 56
₹450₹500₹550₹417Nov '25Jan '26Mar '26May '26Jul '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹416.60 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

62.31inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

News

News and filings about Atul Auto Limited. Open one to see why it matters.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Uses as raw material

  • Aluminium (engine castings, die-cast components)
  • Engine assemblies and powertrain sub-components (petrol/diesel/CNG/LPG)
  • Lithium-ion battery packs (EV variants)
  • Paints and surface coatings (CED, topcoat)
  • Plastic / polymer body and interior trim
  • Rubber (tyres, seals, gaskets, coupling)
  • Steel (flat/sheet/structural for chassis, frame, body)
  • Wiring harnesses and electrical components

Depends on the price of

  • aluminium
  • rubber
  • steel

Buys from

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Capital Goods
Industry
Commercial Vehicles
Classification
Capital Goods › Commercial Vehicles
ISIN
INE951D01028

Business segments

  • Automobiles Business · 94%
  • Non Banking Financial Business · 6%

Plants

  • Bhayla Plant — greenfield expansion
  • Shapar (Veraval) Plant — registered & primary manufacturing hub

News impact

Big market events that reach Atul Auto Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

11 Sep 2026unspecified₹3
21 Nov 2019interim₹1.5
20 Sep 2019unspecified₹1.25
16 Nov 2018interim₹2.75
19 Sep 2018unspecified₹2.5
13 Dec 2017interim₹2.75
21 Sep 2017unspecified₹1.5
23 Nov 2016interim₹2.75

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Bulk & block deals

DateWhoBought / soldSharesPrice
24 Apr 2026HRTI PRIVATE LIMITEDBUY4,86,468₹503.32
24 Apr 2026HRTI PRIVATE LIMITEDSELL4,83,633₹507.37
24 Apr 2026MICROCURVES TRADING PRIVATE LIMITEDSELL3,03,277₹507.69
24 Apr 2026MICROCURVES TRADING PRIVATE LIMITEDBUY3,03,277₹507.43
24 Apr 2026NK SECURITIES RESEARCH PRIVATE LIMITEDSELL2,79,030₹508.03
24 Apr 2026NK SECURITIES RESEARCH PRIVATE LIMITEDBUY2,79,030₹507.88
24 Apr 2026JUNOMONETA FINSOL PRIVATE LIMITEDSELL2,44,836₹505.97
24 Apr 2026JUNOMONETA FINSOL PRIVATE LIMITEDBUY2,44,415₹505.38
24 Apr 2026IRAGE BROKING SERVICES LLPBUY2,33,427₹508.59
24 Apr 2026QE SECURITIES LLPBUY2,26,708₹501.64

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.