BSE:531795

Stock Analysis Report

Executive Summary

Atul Auto Limited manufactures and sells three wheeler automobiles in India.


Snowflake Analysis

Outstanding track record with excellent balance sheet.


Similar Companies

Share Price & News

How has Atul Auto's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 531795's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

3.4%

531795

-3.5%

IN Auto

-1.1%

IN Market


1 Year Return

-56.5%

531795

-45.3%

IN Auto

-31.7%

IN Market

Return vs Industry: 531795 underperformed the Indian Auto industry which returned -45.5% over the past year.

Return vs Market: 531795 underperformed the Indian Market which returned -32.1% over the past year.


Shareholder returns

531795IndustryMarket
7 Day3.4%-3.5%-1.1%
30 Day-28.3%-34.3%-25.1%
90 Day-40.9%-43.1%-30.6%
1 Year-56.0%-56.5%-44.1%-45.3%-30.3%-31.7%
3 Year-67.2%-68.4%-50.6%-52.4%-20.1%-24.4%
5 Year-72.7%-74.3%-38.4%-41.3%-11.0%-15.7%

Price Volatility Vs. Market

How volatile is Atul Auto's share price compared to the market and industry in the last 5 years?


Simply Wall St News

1 year ago | Simply Wall St

April Top Value-Adding Stocks

1 year ago | Simply Wall St

April Top Value-Adding Stocks

1 year ago | Simply Wall St

April Top Value-Adding Stocks

Valuation

Is Atul Auto undervalued compared to its fair value and its price relative to the market?

5.17x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 531795 (₹139.35) is trading above our estimate of fair value (₹61.02)

Significantly Below Fair Value: 531795 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 531795 is good value based on its PE Ratio (4.9x) compared to the Auto industry average (12.8x).

PE vs Market: 531795 is good value based on its PE Ratio (4.9x) compared to the Indian market (9.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 531795's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 531795 is good value based on its PB Ratio (1.1x) compared to the IN Auto industry average (1.6x).


Next Steps

Future Growth

How is Atul Auto forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.9%

Forecasted Automobiles industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Atul Auto has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Atul Auto performed over the past 5 years?

8.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 531795 has high quality earnings.

Growing Profit Margin: 531795's current net profit margins (9.2%) are higher than last year (8.4%).


Past Earnings Growth Analysis

Earnings Trend: 531795's earnings have grown by 8.6% per year over the past 5 years.

Accelerating Growth: 531795's earnings growth over the past year (16.5%) exceeds its 5-year average (8.6% per year).

Earnings vs Industry: 531795 earnings growth over the past year (16.5%) exceeded the Auto industry 0%.


Return on Equity

High ROE: 531795's Return on Equity (21.6%) is considered high.


Next Steps

Financial Health

How is Atul Auto's financial position?


Financial Position Analysis

Short Term Liabilities: 531795's short term assets (₹1.9B) exceed its short term liabilities (₹1.0B).

Long Term Liabilities: 531795's short term assets (₹1.9B) exceed its long term liabilities (₹46.5M).


Debt to Equity History and Analysis

Debt Level: 531795's debt to equity ratio (0.7%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 531795's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 531795's debt is well covered by operating cash flow (1885.7%).

Interest Coverage: 531795's interest payments on its debt are well covered by EBIT (57.5x coverage).


Balance Sheet


Next Steps

Dividend

What is Atul Auto's current dividend yield, its reliability and sustainability?

2.73%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 531795's dividend (2.87%) is higher than the bottom 25% of dividend payers in the Indian market (0.96%).

High Dividend: 531795's dividend (2.87%) is low compared to the top 25% of dividend payers in the Indian market (4.06%).


Stability and Growth of Payments

Stable Dividend: 531795's dividend payments have been volatile in the past 10 years.

Growing Dividend: 531795's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (14.1%), 531795's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.3yrs

Average board tenure


CEO

Jayantibhai Chandra (63yo)

no data

Tenure

₹13,780,000

Compensation

Mr. Jayantibhai Jagjivandas Chandra serves as the Managing Director at Atul Auto Limited Mr. Chandra began his career as a manufacturer of carrier Auto Rickshaw under the brand name `KHUSHBU' under his fam ...


CEO Compensation Analysis

Compensation vs Market: Jayantibhai's total compensation ($USD180.61K) is above average for companies of similar size in the Indian market ($USD47.77K).

Compensation vs Earnings: Jayantibhai's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Jayantibhai Chandra
Chairman & MDno data₹13.78m17.24% 527.3m
Mahendrakumar Patel
CFO & Whole Time Director25.42yrs₹11.96m1.82% 55.7m
Niraj Chandra
Whole Time Director8.08yrs₹5.86m0.48% 14.6m
Vijay Kedia
Non Executive Director11.25yrs₹42.50kno data
Mohanjit Walia
Independent Director0.67yrno datano data
Margie Parikh
Independent Director5.25yrs₹145.50kno data
Aarti Juneja
Independent Director1.17yrs₹15.00kno data
Jaichander Swaminathan
Independent Director0.67yrno datano data

5.3yrs

Average Tenure

55.5yo

Average Age

Experienced Board: 531795's board of directors are considered experienced (5.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Atul Auto Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Atul Auto Limited
  • Ticker: 531795
  • Exchange: BSE
  • Founded: 1986
  • Industry: Motorcycle Manufacturers
  • Sector: Automobiles
  • Market Cap: ₹3.058b
  • Shares outstanding: 21.94m
  • Website: https://www.atulauto.co.in

Number of Employees


Location

  • Atul Auto Limited
  • 8B National Highway
  • Survey No. 86, Plot No. 1-4
  • Rajkot
  • Gujarat
  • 360024
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
531795BSE (Mumbai Stock Exchange)YesEquity SharesININRJun 2005
ATULAUTONSEI (National Stock Exchange of India)YesEquity SharesININRJun 2005

Biography

Atul Auto Limited manufactures and sells three wheeler automobiles in India. The company offers passenger and cargo carriers, and pickup and delivery vans, as well as automotive parts and accessories. Its products are diesel, petrol, CNG, LPG, and electric fueled vehicles. The company offers its products under the Atul Shakti, Atul Gem, Atul Gemini, and Atul Elite brand names. Atul Auto Limited also exports its products to Mexico, Madagascar, Nepal, Honduras, Nigeria, South Africa, Bangladesh, Kenya, the Democratic Republic of the Congo, Egypt, Ecuador, the United Kingdom, Ethiopia, Peru, Guatemala, Cambodia, Myanmar, Bolivia, Somalia, Iraq, etc. The company was incorporated in 1986 and is headquartered in Rajkot, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/07 12:38
End of Day Share Price2020/04/07 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.