ATULAUTO

Atul Auto share price & financials

Price
₹473.95
Market cap
₹1.2k Cr
Sector
Capital Goods

What Atul Auto does

Atul Auto Limited designs, manufactures and sells three-wheeled vehicles (cargo and passenger autorickshaws) across diesel, petrol, CNG, LPG and electric fuel platforms, targeting fleet operators, small businesses and self-employed individuals. It earns through a dealer/distributor network in India and exports to countries across Latin America, Africa, Europe and Asia, and also sells spares/oil through an aftermarket business. Electric three-wheelers are developed through its subsidiary Atul Greentech Private Limited (AGPL), which focuses on the L5 category EV segment and EV components such as battery packs and battery management systems, while vehicle financing for customers is supported by its wholly-owned NBFC subsidiary Khushbu Auto Finance Limited (KAFL).

Segments

  • ICE (Internal Combustion Engine) three-wheelers
  • Electric (EV-L5 / EV-L3) three-wheelers
  • Exports
  • Aftermarket
  • Vehicle financing (KAFL)
Installed manufacturing capacity
1.20 lakh vehicles/year (combined, two facilities)
Manufacturing facilities
2 (Rajkot/Shapar plant; new Ahmedabad facility)
Total dealers
218 (including EV-L5 and ICE dealers)
Countries with export presence
27+
Global touchpoints
400+
Years of operating track record
35+
Founded 1986Headquarters Shapar (Veraval), Dist. Rajkot, Gujarat, India Company website

Quarterly results

Q1 FY27: revenue up 43.0%, net profit up 290.3% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue182 195 211 153 200 +10%231 +18%241 +14%218 +43%
EBITDA13 17 15 10 19 +43%28 +70%27 +81%17 +69%
Net profit5 7 6 2 8 +81%15 +105%18 +211%8 +290%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −10.2% 1Y

₹400₹450₹500₹550Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹496.45 on 10 Sept 2025 → ₹445.6. High ₹580.95 (5 Aug 2026), low ₹382.2 (30 Mar 2026).

Financials, as filed

Revenue grew 17.8% a year over 3 years, FY23 to FY26. Operating margin widened to 10.2%.

Year endingFY23FY24FY25FY26
Revenue₹504 Cr₹527 Cr₹723 Cr₹824 Cr
Operating profit₹34 Cr₹40 Cr₹52 Cr₹84 Cr
Operating margin6.8%7.6%7.2%10.2%
Interest₹14 Cr₹13 Cr₹10 Cr₹9 Cr
Depreciation₹16 Cr₹18 Cr₹18 Cr₹18 Cr
Net profit₹6 Cr₹7 Cr₹18 Cr₹43 Cr
Net margin1.2%1.3%2.5%5.2%
Cash from operations₹-18 Cr₹-10 Cr₹25 Cr₹40 Cr
Free cash flow₹-25 Cr₹-19 Cr₹9 Cr₹29 Cr
ROCE4.0%4.0%6.0%11.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹11 Cr₹11 Cr₹12 Cr₹14 Cr₹14 Cr₹14 Cr
Reserves₹289 Cr₹266 Cr₹336 Cr₹406 Cr₹439 Cr₹470 Cr
Borrowings₹16 Cr₹188 Cr₹171 Cr₹144 Cr₹145 Cr₹145 Cr
Other liabilities₹72 Cr₹81 Cr₹90 Cr₹91 Cr₹137 Cr₹135 Cr
Total liabilities₹388 Cr₹545 Cr₹609 Cr₹655 Cr₹735 Cr₹763 Cr
Fixed assets₹90 Cr₹199 Cr₹258 Cr₹250 Cr₹242 Cr₹237 Cr
Capital work in progress₹150 Cr₹60 Cr₹1 Cr₹0 Cr₹1 Cr₹3 Cr
Investments₹31 Cr₹0 Cr₹17 Cr₹23 Cr₹24 Cr₹57 Cr
Other assets₹117 Cr₹285 Cr₹332 Cr₹382 Cr₹468 Cr₹467 Cr
Total assets₹388 Cr₹545 Cr₹609 Cr₹655 Cr₹735 Cr₹763 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, FIIs added +0.16 pp. The shareholder count shrank 1% to 59,890.

Promoters
42.7%
FIIs
0.5%
DIIs
0.1%
Public
56.7%

Since Jun 2025

  • FIIs +0.16 pp
  • DIIs −0.06 pp
  • Public −0.05 pp

How it drifted, 12 quarters

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 42.7%, FIIs 0.5%, DIIs 0.4%, Public 56.4%.Dec '23: Promoters 42.7%, FIIs 0.5%, DIIs 0.4%, Public 56.4%.Mar '24: Promoters 42.7%, FIIs 0.5%, DIIs 0.4%, Public 56.4%.Jun '24: Promoters 42.7%, FIIs 0.6%, DIIs 0.4%, Public 56.3%.Sep '24: Promoters 42.7%, FIIs 0.6%, DIIs 0.3%, Public 56.4%.Dec '24: Promoters 42.7%, FIIs 0.6%, DIIs 0.1%, Public 56.5%.Mar '25: Promoters 42.7%, FIIs 0.7%, DIIs 0.1%, Public 56.4%.Jun '25: Promoters 42.7%, FIIs 0.4%, DIIs 0.1%, Public 56.8%.Sep '25: Promoters 42.7%, FIIs 0.0%, DIIs 0.1%, Public 57.2%.Dec '25: Promoters 42.7%, FIIs 0.4%, DIIs 0.1%, Public 56.8%.Mar '26: Promoters 42.7%, FIIs 0.8%, DIIs 0.1%, Public 56.4%.Jun '26: Promoters 42.7%, FIIs 0.5%, DIIs 0.1%, Public 56.7%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 1 holder trimming and 1 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of Atul Auto above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Vijay Kishanlal Kedia 18.20%unchanged
Chandra Mahesh 7.10%unchanged
Jayantibhai Jagjivandas Chandra 5.23%unchanged
Dharmendrabhai Jagjivandas Chandra 4.57%unchanged
Harishkumar Jagjivan Chandra 3.82%unchanged
Bharatbhai Jagjivandas Chandra 3.52%unchanged
Manishaben Atulkumar Chandra 3.10%unchanged
Kedia Securities Private Limited 2.71%unchanged
Khushbu Auto Private Limited 2.33%unchanged
Hiren Vasantrai Patel 1.04%unchanged
Mahendrakumar Jamnadas Patel 1.00%unchanged
Rekhaben Maheshbhai Chandra 0.92%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Learn to analyse Atul Auto

Guides on how to read this kind of business and the numbers that matter.