Atul Auto Ltd

Atul Auto Ltd

₹ 574 -0.10%
23 Dec 4:01 p.m.
About

Atul Auto manufactures and sales Auto Rickshaws in domestic and overseas market.

Key Points

Business Segments FY23
1. Automobiles Business (92%): The Company's core business is manufacturing and sales of three-wheeler automobiles and spare parts. It provides after-sales support to the customers through the dealership network.

  • Market Cap 1,588 Cr.
  • Current Price 574
  • High / Low 844 / 470
  • Stock P/E 58.8
  • Book Value 145
  • Dividend Yield 0.00 %
  • ROCE 4.82 %
  • ROE 3.48 %
  • Face Value 5.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company is expected to give good quarter

Cons

  • Stock is trading at 3.97 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of -0.86% over last 3 years.
  • Debtor days have increased from 27.7 to 35.8 days.
  • Promoter holding has decreased over last 3 years: -9.97%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
82.01 93.77 85.86 96.78 113.61 123.63 140.68 50.37 139.03 145.72 145.27 126.66 164.38
86.64 101.27 88.92 97.99 109.28 115.15 129.18 57.21 124.23 134.09 134.78 117.86 148.95
Operating Profit -4.63 -7.50 -3.06 -1.21 4.33 8.48 11.50 -6.84 14.80 11.63 10.49 8.80 15.43
OPM % -5.65% -8.00% -3.56% -1.25% 3.81% 6.86% 8.17% -13.58% 10.65% 7.98% 7.22% 6.95% 9.39%
0.77 0.66 0.46 0.62 0.75 0.75 0.68 0.90 0.70 1.60 1.42 1.13 1.17
Interest 0.73 1.42 1.43 1.47 1.48 1.82 1.55 0.99 0.32 0.07 0.26 0.08 0.08
Depreciation 1.65 3.08 2.98 3.01 3.03 3.80 3.76 3.79 3.85 3.86 3.74 3.79 3.81
Profit before tax -6.24 -11.34 -7.01 -5.07 0.57 3.61 6.87 -10.72 11.33 9.30 7.91 6.06 12.71
Tax % -27.88% -24.87% -18.97% -16.37% 35.09% 26.59% 18.20% -25.19% 24.80% 27.20% 21.74% 25.08% 25.10%
-4.50 -8.52 -5.68 -4.24 0.37 2.65 5.62 -8.02 8.52 6.77 6.19 4.54 9.52
EPS in Rs -2.05 -3.88 -2.59 -1.93 0.17 1.21 2.35 -3.08 3.07 2.44 2.23 1.64 3.43
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
364 430 493 531 475 556 667 625 296 294 475 480 582
324 385 435 455 416 483 585 554 304 315 452 450 536
Operating Profit 40 45 58 76 60 73 81 71 -8 -22 23 30 46
OPM % 11% 11% 12% 14% 13% 13% 12% 11% -3% -7% 5% 6% 8%
2 3 8 1 2 3 7 3 2 2 3 5 5
Interest 0 0 1 1 1 0 1 1 1 4 6 2 0
Depreciation 4 5 6 5 5 5 6 6 7 9 14 15 15
Profit before tax 37 43 59 72 56 69 82 67 -13 -32 6 18 36
Tax % 30% 30% 32% 34% 34% 33% 35% 22% -23% -23% 26% 24%
26 30 41 47 37 46 53 52 -10 -25 4 13 27
EPS in Rs 11.84 13.60 18.49 21.60 16.88 21.05 24.21 23.88 -4.65 -11.33 1.84 4.85 9.74
Dividend Payout % 26% 28% 28% 25% 25% 25% 17% 6% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 1%
5 Years: -6%
3 Years: 18%
TTM: 28%
Compounded Profit Growth
10 Years: -8%
5 Years: -24%
3 Years: 47%
TTM: 208%
Stock Price CAGR
10 Years: 0%
5 Years: 19%
3 Years: 45%
1 Year: 0%
Return on Equity
10 Years: 11%
5 Years: 2%
3 Years: -1%
Last Year: 3%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 11 11 11 11 11 11 11 11 11 11 12 14
Reserves 63 83 110 143 173 208 248 292 282 258 319 387
0 0 0 0 0 0 0 1 16 81 36 0
49 50 56 67 61 80 95 72 72 69 75 69
Total Liabilities 123 145 177 222 245 299 353 376 381 419 442 471
43 53 79 85 87 87 94 93 90 198 236 230
CWIP 5 1 0 3 3 5 37 117 148 43 1 0
Investments 1 1 1 1 24 59 23 15 29 68 85 110
74 90 97 133 131 149 200 152 113 110 120 131
Total Assets 123 145 177 222 245 299 353 376 381 419 442 471

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
41 24 28 11 71 26 35 57 52 -19 12 13
-10 -11 -36 -10 -29 -39 -28 -58 -60 -44 -20 -25
-4 -13 -11 -14 -14 -11 -15 -7 14 61 6 20
Net Cash Flow 27 1 -19 -13 28 -24 -7 -8 6 -2 -2 7

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 7 11 24 52 36 51 55 46 29 26 22 36
Inventory Days 29 26 26 33 38 42 42 39 78 76 54 54
Days Payable 29 30 26 34 38 45 43 32 71 63 45 39
Cash Conversion Cycle 7 7 23 51 37 48 54 53 36 39 31 51
Working Capital Days -12 -3 8 37 24 35 40 38 22 26 25 36
ROCE % 56% 51% 54% 52% 32% 34% 33% 24% -4% -9% 3% 5%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
52.70% 52.70% 52.70% 52.70% 52.70% 49.49% 46.46% 42.74% 42.74% 42.74% 42.74% 42.74%
0.19% 0.13% 0.01% 0.48% 0.66% 0.44% 0.43% 0.46% 0.49% 0.48% 0.59% 0.58%
0.47% 0.20% 0.20% 0.20% 0.70% 1.23% 0.76% 0.41% 0.41% 0.41% 0.41% 0.31%
46.64% 46.97% 47.09% 46.62% 45.95% 48.86% 52.35% 56.40% 56.39% 56.39% 56.28% 56.39%
No. of Shareholders 42,26543,52545,60343,62139,92140,81944,43346,84949,41449,81549,22857,803

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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