Atul Auto Limited manufactures and sells three wheeler automobiles in India.
Flawless balance sheet and good value.
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: ATULAUTO has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ATULAUTO underperformed the Indian Auto industry which returned -8% over the past year.
Return vs Market: ATULAUTO underperformed the Indian Market which returned -8.7% over the past year.
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 week ago | Simply Wall StWhat Do The Returns On Capital At Atul Auto (NSE:ATULAUTO) Tell Us?
3 months ago | Simply Wall StAtul Auto Limited (NSE:ATULAUTO) Has A ROE Of 22%
3 months ago | Simply Wall StA Sliding Share Price Has Us Looking At Atul Auto Limited's (NSE:ATULAUTO) P/E Ratio
Is Atul Auto undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ATULAUTO (₹168.65) is trading below our estimate of fair value (₹180.01)
Significantly Below Fair Value: ATULAUTO is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: ATULAUTO is good value based on its PE Ratio (6.9x) compared to the Auto industry average (22.3x).
PE vs Market: ATULAUTO is good value based on its PE Ratio (6.9x) compared to the Indian market (12.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ATULAUTO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ATULAUTO is good value based on its PB Ratio (1.2x) compared to the IN Auto industry average (2.5x).
How is Atul Auto forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Examine whether Atul Auto is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Atul Auto competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Automobiles industry.
How has Atul Auto performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ATULAUTO has a high level of non-cash earnings.
Growing Profit Margin: ATULAUTO's current net profit margins (8.6%) are higher than last year (8.3%).
Past Earnings Growth Analysis
Earnings Trend: ATULAUTO's earnings have grown by 8% per year over the past 5 years.
Accelerating Growth: ATULAUTO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ATULAUTO had negative earnings growth (-2.7%) over the past year, making it difficult to compare to the Auto industry average (-7%).
Return on Equity
High ROE: ATULAUTO's Return on Equity (17.4%) is considered low.
How is Atul Auto's financial position?
Financial Position Analysis
Short Term Liabilities: ATULAUTO's short term assets (₹1.4B) exceed its short term liabilities (₹684.5M).
Long Term Liabilities: ATULAUTO's short term assets (₹1.4B) exceed its long term liabilities (₹42.1M).
Debt to Equity History and Analysis
Debt Level: ATULAUTO is debt free.
Reducing Debt: ATULAUTO had no debt 5 years ago.
Debt Coverage: ATULAUTO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ATULAUTO has no debt, therefore coverage of interest payments is not a concern.
What is Atul Auto current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ATULAUTO's dividend (2.38%) is higher than the bottom 25% of dividend payers in the Indian market (0.69%).
High Dividend: ATULAUTO's dividend (2.38%) is low compared to the top 25% of dividend payers in the Indian market (2.84%).
Stability and Growth of Payments
Stable Dividend: ATULAUTO's dividend payments have been volatile in the past 10 years.
Growing Dividend: ATULAUTO's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (16.4%), ATULAUTO's dividend payments are well 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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Jayantibhai Chandra (64yo)
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 ($USD184.63K) is above average for companies of similar size in the Indian market ($USD49.57K).
Compensation vs Earnings: Jayantibhai's compensation has been consistent with company performance over the past year.
|Chairman & MD||no data||₹13.78m||17.24% ₹637.2m|
|CFO & Whole Time Director||25.67yrs||₹11.96m||1.82% ₹67.3m|
|Whole Time Director||8.33yrs||₹5.86m||0.48% ₹17.7m|
|Non Executive Director||11.5yrs||₹42.50k||no data|
|Independent Director||0.92yr||no data||no data|
|Independent Director||5.5yrs||₹145.50k||no data|
|Independent Director||1.42yrs||₹15.00k||no data|
|Independent Director||0.92yr||no data||no data|
Experienced Board: ATULAUTO's board of directors are considered experienced (5.5 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Atul Auto Limited's company bio, employee growth, exchange listings and data sources
- Name: Atul Auto Limited
- Ticker: ATULAUTO
- Exchange: NSEI
- Founded: 1986
- Industry: Motorcycle Manufacturers
- Sector: Automobiles
- Market Cap: ₹3.695b
- Shares outstanding: 21.94m
- Website: https://www.atulauto.co.in
Number of Employees
- Atul Auto Limited
- 8B National Highway
- Survey No. 86, Plot No. 1-4
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|531795||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Jun 2005|
|ATULAUTO||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Jun 2005|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/05 12:53|
|End of Day Share Price||2020/07/03 00:00|
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.