Atul Auto Ltd.

NSE: ATULAUTO | BSE: 531795 | ISIN: INE951D01028 | Industry: 2/3 Wheelers
| Falling Comet
477.5000 4.75 (1.00%)
NSE Jun 06, 2025 15:31 PM
Volume: 47,412
 

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Atul Auto Ltd.
04 Dec 2017
477.50
1.00%
Emkay
EBITDA margin expanded by 140bps yoy (+660bps qoq) to 16.8% (Emkay Est: 14.5%). Margin improved qoq due to benign mix, better pricing from vendors, lower marketing/warranty costs and enhanced scale. Management expects double-digit growth in volume in FY18. Also, momentum in volume growth will continue in FY19E, led by: 1) Launch of alternative-fuel 3Ws (Petrol, CNG, LPG and Electric) across India by end-FY18, 2) Increase in exports, from monthly runrate of ~300 units currently to over 500 units in FY19, and 3) Network expansion. Our FY18E EPS estimate remains unchanged at Rs21.9, but we have cut our FY19E EPS forecast by 5% to Rs26.5, due to lower volume growth assumption, factoring in...
Atul Auto Ltd. has lost -27.34% in the last 6 Months
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