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MomentumDeep Value

Atul Auto Ltd: Stock Analysis & Fundamentals

Updated this week

Atul Auto Ltd (Auto - 2 & 3 Wheelers) — fundamental analysis, earnings data, and key metrics. PE: 31.2. ROE: 5.0%. This stock is not currently in the Nifty 500 momentum outperformers list.

What's Happening

📊Debt increased 32% YoY — leverage rising
🌐FII stake decreased 0.6% this quarter

Earnings Acceleration Triggers

1. Volume growth in three-wheelers
OngoingMEDIUM
2. Margin expansion from operational efficiency
OngoingMEDIUM
3. Product mix improvement
OngoingMEDIUM

Key Risks

1. Data inconsistency between standalone/consolidated
HIGH
2. Lack of operational transparency
MEDIUM

Key Numbers

Current Price
₹401
Market Cap
1.1K Cr
Valuation
N/A

Why Are Atul Auto Ltd's Earnings Accelerating?

Based on Q3 FY26 earnings • Updated Feb 22, 2026

Volume growth in three-wheelers

Expected: OngoingMEDIUM confidence+₹39.09 Cr revenue

What: 22.3% revenue growth driven by strong demand for passenger and cargo three-wheelers

Impact: +₹39.09 Cr revenue

“Atul Auto clocked Q3 FY26 standalone revenue of ₹214.18 crores vs ₹175.09 crores”

Margin expansion from operational efficiency

Expected: OngoingMEDIUM confidence

What: 350 bps OPM improvement driving disproportionate PAT growth

“According to the consolidated figures, Atul Auto's quarterly PAT increased by 76.17% YoY, while revenue increased by 4.19%”

Product mix improvement

Expected: OngoingMEDIUM confidence

What: Shift toward higher-margin three-wheeler models

“Atul Auto earned a standalone PAT of ₹18.15 crore in Q3 FY26. During FY25, the company's PAT stood at ₹10.00 crore”

What Are the Key Risks for Atul Auto Ltd?

Earnings deceleration risks from management commentary

Data inconsistency between standalone/consolidated

HIGH

Trigger: If consolidated figures are accurate

Management view: No explanation provided in available sources

Monitor: Consolidated vs standalone reconciliation

Lack of operational transparency

MEDIUM

Trigger: If margin expansion not sustainable

Management view: No detailed commentary on operational metrics

Monitor: Future disclosure of operational metrics

What Is Atul Auto Ltd's Management Saying?

Key quotes from recent conference calls

“Atul Auto clocked Q3 FY26 standalone revenue of ₹214.18 crores vs ₹175.09 crores. On the profit front, Atul Auto earned a standalone PAT of ₹18.15 crore in Q3 FY26. During FY25, the company's PAT stood at ₹10.00 crore. — Management”
“According to the consolidated figures, Atul Auto's quarterly PAT increased by 76.17% YoY, while revenue increased by 4.19%. — Management”
“Atul Auto showed its Q3 results on 7th February 2026. Q3 Results FY26 — Management”

What Is Atul Auto Ltd's Management Guidance?

Forward-looking targets from management

Management Tone: CAUTIOUS

The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Feb 22, 2026.

Other Top Auto - 2 & 3 Wheelers Stocks Beating Nifty 500

Bajaj Auto Ltd
Strong • 7w streak
+9.8%
TVS Motor Company Ltd
Average
+6.4%
Ather Energy Ltd
Average • 4w streak
+23.8%
← Back to Auto - 2 & 3 WheelersDashboard

Frequently Asked Questions: Atul Auto Ltd

Based on publicly available financial data. This is educational research, not investment advice.

What were Atul Auto Ltd's latest quarterly results?

Atul Auto Ltd's latest quarterly results (Dec 2025) show

  • PAT Growth YoY: +114.3%
  • Revenue Growth YoY: +18.5%
  • Operating Margin: 12.0%

What is Atul Auto Ltd's current PE ratio?

Atul Auto Ltd's current PE ratio is 31.2x.

  • Current PE: 31.2x
  • Market Cap: 1.1K Cr

What is Atul Auto Ltd's price-to-book ratio?

Atul Auto Ltd's price-to-book ratio is 2.5x.

  • Price-to-Book (P/B): 2.5x
  • Book Value per Share: ₹163
  • Current Price: ₹401

Is Atul Auto Ltd a fundamentally strong company?

Atul Auto Ltd's fundamental strength based on key financial ratios

  • Return on Capital (ROCE): 6.0%

Is Atul Auto Ltd debt free?

Atul Auto Ltd has a debt-to-equity ratio of N/A.

  • Total Debt: ₹145 Cr

What is Atul Auto Ltd's return on equity (ROE) and ROCE?

Atul Auto Ltd's return ratios over recent years

  • FY2023: ROCE 4.0%
  • FY2024: ROCE 4.0%
  • FY2025: ROCE 6.0%

Is Atul Auto Ltd's cash flow positive?

Atul Auto Ltd's operating cash flow is positive (FY2025).

  • Cash from Operations (CFO): ₹25 Cr
  • Free Cash Flow (FCF): ₹34 Cr
  • CFO/PAT Ratio: 139% (strong cash conversion)

What is Atul Auto Ltd's dividend yield?

Atul Auto Ltd currently does not pay a significant dividend (yield 0.00%).

  • Dividend Yield: 0.00%
  • Current Price: ₹401

Who holds Atul Auto Ltd shares — promoters, FII, DII?

Atul Auto Ltd's shareholding pattern (Dec 2025)

  • Promoters: 42.7%
  • FII (Foreign): 0.4%
  • DII (Domestic): 0.1%
  • Public: 56.8%

Is promoter holding increasing or decreasing in Atul Auto Ltd?

Atul Auto Ltd's promoter holding has remained stable recently.

  • Current Promoter Holding: 42.7% (Dec 2025)
  • Previous Quarter: 42.7% (Sep 2025)
  • Change: 0.00% (stable)

Is Atul Auto Ltd a new momentum entry or an established outperformer?

Atul Auto Ltd is an established outperformer with 1 weeks of consecutive Nifty 500 outperformance.

What are the growth catalysts for Atul Auto Ltd?

Atul Auto Ltd has 3 key growth catalysts identified from recent earnings analysis

  • Volume growth in three-wheelers
  • Margin expansion from operational efficiency
  • Product mix improvement

What are the key risks in Atul Auto Ltd?

Atul Auto Ltd has 2 key risks worth monitoring

  • Data inconsistency between standalone/consolidated
  • Lack of operational transparency

What did Atul Auto Ltd's management say in the latest earnings call?

In Q3 FY26, Atul Auto Ltd's management highlighted

  • "Atul Auto clocked Q3 FY26 standalone revenue of ₹214.18 crores vs ₹175.09 crores. On the profit front, Atul Auto earned a standalone PAT of ₹18.15 cro..."
  • "According to the consolidated figures, Atul Auto's quarterly PAT increased by 76.17% YoY, while revenue increased by 4.19%. — Management"
  • "Atul Auto showed its Q3 results on 7th February 2026. Q3 Results FY26 — Management"

What is Atul Auto Ltd's management guidance for growth?

Atul Auto Ltd's management has provided the following forward guidance

  • Management tone: cautious

Is Atul Auto Ltd worth studying for long term investment?

Based on quantitative research signals, here is why Atul Auto Ltd may be worth studying

  • Cash flow is positive — CFO ₹25 Cr

What is the investment thesis for Atul Auto Ltd?

Atul Auto Ltd investment thesis summary:

Research Signals (Bull Case)

  • Growth catalyst: Volume growth in three-wheelers

Risk Factors (Bear Case)

  • Key risk: Data inconsistency between standalone/consolidated

What is the future outlook for Atul Auto Ltd?

Atul Auto Ltd's forward outlook based on current data signals

  • Key Catalyst: Volume growth in three-wheelers
  • Key Risk: Data inconsistency between standalone/consolidated

The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.