Atul Auto Ltd.

NSE: ATULAUTO | BSE: 531795 | ISIN: INE951D01028 | Industry: 2/3 Wheelers
| Mid-range Performer
480.4000 -3.20 (-0.66%)
NSE May 29, 2025 15:31 PM
Volume: 55,916
 

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Atul Auto Ltd.
04 Dec 2017
480.40
-0.66%
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. is trading above its 50 day SMA of 475.4
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