Atul Auto Ltd

Atul Auto Ltd

₹ 546 -1.47%
21 Nov 4:00 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 1,513 Cr.
  • Current Price 546
  • High / Low 844 / 470
  • Stock P/E 103
  • Book Value 154
  • Dividend Yield 0.00 %
  • ROCE 4.20 %
  • ROE 1.68 %
  • Face Value 5.00

Pros

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

Cons

  • Stock is trading at 3.56 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 -1.62% over last 3 years.
  • 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

Consolidated Figures in Rs. Crores / View Standalone

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
85.56 102.84 94.84 106.69 123.05 133.11 150.27 59.65 153.17 154.33 160.14 135.08 181.65
89.00 108.70 95.48 105.07 116.24 119.52 136.03 63.90 135.97 140.62 146.83 127.53 168.67
Operating Profit -3.44 -5.86 -0.64 1.62 6.81 13.59 14.24 -4.25 17.20 13.71 13.31 7.55 12.98
OPM % -4.02% -5.70% -0.67% 1.52% 5.53% 10.21% 9.48% -7.12% 11.23% 8.88% 8.31% 5.59% 7.15%
0.50 0.41 0.14 0.40 0.67 0.40 0.03 0.39 0.14 0.74 0.79 0.64 0.53
Interest 1.55 2.92 3.38 3.13 3.92 5.07 4.36 3.88 2.96 3.20 3.21 2.34 2.44
Depreciation 1.72 3.19 3.09 3.07 3.47 4.53 4.43 4.50 4.57 4.57 4.43 4.50 4.53
Profit before tax -6.21 -11.56 -6.97 -4.18 0.09 4.39 5.48 -12.24 9.81 6.68 6.46 1.35 6.54
Tax % -27.38% -23.79% -17.79% -12.68% 233.33% 18.91% 39.05% -23.12% 27.32% 33.08% 24.46% 43.70% 30.12%
-4.19 -8.81 -5.73 -3.65 -0.12 3.56 3.34 -9.41 7.13 4.47 4.88 0.76 4.57
EPS in Rs -1.91 -4.01 -2.61 -1.66 -0.01 1.75 1.61 -3.47 2.74 1.83 1.92 0.48 1.95
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
129 122 80 531 475 556 667 625 296 315 513 527 631
125 119 82 455 416 483 585 554 304 332 477 487 584
Operating Profit 4 3 -1 76 60 73 81 71 -8 -16 36 40 48
OPM % 3% 2% -2% 14% 13% 13% 12% 11% -3% -5% 7% 8% 8%
12 17 16 1 2 3 7 3 2 1 2 2 3
Interest 3 6 9 1 1 0 1 1 1 8 16 13 11
Depreciation 2 3 3 5 5 5 6 6 7 10 16 18 18
Profit before tax 11 11 3 72 56 69 82 67 -13 -33 6 11 21
Tax % 36% 37% 53% 34% 34% 33% 35% 22% -22% -23% 46% 34%
7 7 1 47 37 48 55 54 -8 -25 3 7 15
EPS in Rs 21.60 16.73 21.82 25.09 24.43 -3.73 -11.37 1.68 3.24 6.18
Dividend Payout % 10% 12% 45% 25% 25% 24% 16% 6% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: -5%
3 Years: 21%
TTM: 27%
Compounded Profit Growth
10 Years: %
5 Years: -35%
3 Years: 40%
TTM: 194%
Stock Price CAGR
10 Years: 3%
5 Years: 19%
3 Years: 36%
1 Year: -14%
Return on Equity
10 Years: %
5 Years: 2%
3 Years: -2%
Last Year: 2%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 6 6 6 11 11 11 11 11 11 11 12 14 14
Reserves 23 27 28 142 173 210 251 297 289 266 336 406 412
54 83 87 0 0 0 0 1 16 188 171 144 125
32 32 27 67 61 80 95 72 72 81 90 91 129
Total Liabilities 114 148 147 221 245 301 357 380 388 545 609 655 680
29 36 34 85 87 87 94 93 90 199 258 250 251
CWIP 2 1 10 3 3 5 37 117 150 60 1 0 1
Investments 0 0 0 0 23 60 26 18 31 0 17 23 14
82 111 103 133 131 149 200 152 117 285 332 382 414
Total Assets 114 148 147 221 245 301 357 380 388 545 609 655 680

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
3 -4 1 11 71 26 35 57 52 -169 -18 -1
-12 -7 -10 -10 -29 -39 -28 -58 -60 4 -24 -14
9 12 9 -14 -14 -11 -15 -7 14 164 39 30
Net Cash Flow 1 1 0 -13 28 -24 -7 -8 6 -1 -2 16

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 26 25 18 52 36 51 55 46 29 23 19 33
Inventory Days 34 76 113 33 38 42 42 39 78 80 67 76
Days Payable 45 39 42 34 38 45 43 32 71 63 47 40
Cash Conversion Cycle 15 62 89 51 37 48 54 53 36 39 39 69
Working Capital Days 173 270 396 37 24 35 40 38 12 95 81 101
ROCE % 16% 9% 32% 34% 34% 24% -4% -6% 4% 4%

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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