Atul Auto Ltd

Domestic volumes increased 20.8% YoY to 2,847 units in May 2026. Within this, ICE three-wheeler sales rose 31.1% YoY to 2,351 units, while EV sales declined 12.1% YoY to 496 units. Including exports, total ICE vehicle sales rose by 41.4% YoY to 2,740 units in May 2026, partially offsetting the 12.1% YoY decline in EV sales volume that added up to 496 units. Atul Auto is a leading three-wheeler manufacturing company in Rajkot, Gujarat, India. It has a complete range of 3-wheeler products across the fuel range: diesel, petrol, CNG, LPG, and electric. The company had reported a 106.85% year-on-year jump in consolidated net profit to Rs 14.79 crore for the fourth quarter ended 31 March 2026, compared with Rs 7.15 crore posted in the corresponding quarter last year. Total revenue from operations grew by 14.02% year-on-year (YoY) to Rs 240.58 crore in the quarter ended 31 March 2026. The scrip fell 1.40% to currently trade at Rs 472.20 on the BSE. Powered by Capital Market - Live

Atul Auto achieved total sales of 3,236 units in month of May 2026 compared to 2,502 units in May 2025, recording a growth of 29.34%. Total sales include domestic sales of 2,847 units (up 20.79% YOY).

Total revenue from operations grew by 14.02% year-on-year (YoY) to Rs 240.58 crore in the quarter ended 31 March 2026. Total expenses increased 8.09% year-on-year to Rs 219.30 crore during the quarter, compared with Rs 202.87 crore in the year-ago period. The cost of materials consumed stood at Rs 157.96 crore, up 8.22% YoY, while employee benefits expenses rose 8.18% to Rs 21.01 crore. Profit before tax surged 154.05% to Rs 22.23 crore in Q4 FY26 from Rs 8.75 crore reported in the same quarter of the previous fiscal year. On the segmental front, revenue from the automobiles business increased 13.71% year-on-year to Rs 229.44 crore, while revenue from the non-banking financial business rose 17.70% to Rs 12.70 crore during the quarter. For the full financial year FY26, the company reported a 95.37% rise in consolidated net profit to Rs 42.26 crore, while revenue from operations climbed 14.07% to Rs 824.39 crore compared with FY25. Meanwhile, the board of Atul Auto has recommended a final dividend of Rs 3 per equity share of face value Rs 5 each, subject to shareholders' approval. The official announcement was made on 16 May 2026. Atul Auto is a leading three-wheeler manufacturing company in Rajkot, Gujarat, India. It has a complete range of 3-wheeler products across the fuel range: diesel, petrol, CNG, LPG, and electric. The counter slipped 3.82% to Rs 499.05 on the BSE. Powered by Capital Market - Live

Atul Auto announced that the Board of Directors of the Company at its meeting held on 16 May 2026, inter alia, have recommended the final dividend of Rs 3 per equity Share (i.e. 60%) , subject to the approval of the shareholders.

Net profit of Atul Auto rose 106.85% to Rs 14.79 crore in the quarter ended March 2026 as against Rs 7.15 crore during the previous quarter ended March 2025. Sales rose 16.55% to Rs 238.44 crore in the quarter ended March 2026 as against Rs 204.59 crore during the previous quarter ended March 2025. For the full year,net profit rose 95.38% to Rs 42.26 crore in the year ended March 2026 as against Rs 21.63 crore during the previous year ended March 2025. Sales rose 14.14% to Rs 811.04 crore in the year ended March 2026 as against Rs 710.55 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales238.44204.59 17 811.04710.55 14 OPM %11.457.39 -10.377.36 - PBDT26.8213.21 103 76.9644.64 72 PBT22.238.75 154 58.4826.62 120 NP14.797.15 107 42.2621.63 95 Powered by Capital Market - Live

Total revenue from operations grew by 14.02% year-on-year (YoY) to Rs 240.58 crore in the quarter ended 31 March 2026. Total expenses increased 8.09% year-on-year to Rs 219.30 crore during the quarter, compared with Rs 202.87 crore in the year-ago period. The cost of materials consumed stood at Rs 157.96 crore, up 8.22% YoY, while employee benefits expenses rose 8.18% to Rs 21.01 crore. Profit before tax surged 154.05% to Rs 22.23 crore in Q4 FY26 from Rs 8.75 crore reported in the same quarter of the previous fiscal year. On the segmental front, revenue from the automobiles business increased 13.71% year-on-year to Rs 229.44 crore, while revenue from the non-banking financial business rose 17.70% to Rs 12.70 crore during the quarter. For the full financial year FY26, the company reported a 95.37% rise in consolidated net profit to Rs 42.26 crore, while revenue from operations climbed 14.07% to Rs 824.39 crore compared with FY25. Meanwhile, the board of Atul Auto has recommended a final dividend of Rs 3 per equity share of face value Rs 5 each, subject to shareholders' approval. Atul Auto is a leading three-wheeler manufacturing company in Rajkot, Gujarat, India. It has a complete range of 3-wheeler products across the fuel range: diesel, petrol, CNG, LPG, and electric. Powered by Capital Market - Live

Atul Auto announced its sales performance (domestic + export) for month of April 2026 as under - Particulars Apr-26 Apr-25 % Change  3W-IC Engine  2314 1188 95% EV 687 537 28% Total  3001 1725 74%

Atul Auto will hold a meeting of the Board of Directors of the Company on 16 May 2026.

The key domestic indices traded with sharp losses in morning trade as investor sentiment remained cautious amid stalled US-Iran negotiations, uncertainty over the reopening of the Strait of Hormuz and a sharp surge in crude oil prices above the $105-per-barrel mark. Unless geopolitical tensions ease, the overhang on crude oil prices, the rupee, and institutional flows is expected to persist. Investors are also closely monitoring Q4 earnings for further cues. The Nifty traded below the 24,000 level. IT shares witnessed selling pressure for third straight trading session. At 10:25 IST, the barometer index, the S&P BSE Sensex declined 819.40 points or 1.06% to 76,844.60. The Nifty 50 index slumped 218.85 points or 0.91% to 23,954.20. The broader market outperformed the frontliner indices. The BSE 150 MidCap Index fell 0.64% and the BSE 250 SmallCap Index dropped 0.78%. The market breadth was weak. On the BSE, 1,197 shares rose and 2,466 shares fell. A total of 218 shares were unchanged. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, rallied 3.80% to 19.30. In the commodities market, Brent crude for June 2026 settlement jumped 63 cents or 0.60% to $105.70 a barrel. Earnings Today: Reliance Industries (down 0.35%), Shriram Finance(down 0.57%), IndusInd Bank(down 0.89%), Adani Green Energy(down 2.29%), Can Fin Homes(down 1.06%), Chennai Petroleum Corporation(down 0.08%), DCB Bank(down 1.33%), Hindustan Zinc(up 0.75%), Lodha Developers(down 0.37%), L&T Finance(up 0.67%), Mahindra & Mahindra Financial Services(down 0.30%), Mangalore Refinery (up 2.41%), Supreme Petrochem(down 2.21%), Tanla Platforms(down 2.95%), and Zensar Technologies(down 1.33%) will announce their quarterly earnings later today. Buzzing Index: The Nifty IT index declined 3.40% to 29,099.40. The index tumbled 8.29% in the three consecutive trading sessions. LTM (down 4.9%), HCL Technologies (down 4.3%), Infosys (down 3.97%), Coforge (down 3.33%) and Mphasis (down 3.18%), Tech Mahindra (down 2.89%), Tata Consultancy Services (down 2.45%), Persistent Systems (down 2.16%), Wipro (down 1.71%) and Oracle Financial Services Software (down 0.02%) declined. Stocks in Spotlight: Atul Auto gained 6.03% after the company entered into a memorandum of understanding (MoU) with Exponent Energy to manufacture and supply 15,000 electric three-wheelers integrated with the latter's battery system and powertrain. UTI Asset Management Company (UTI AMC) tumbled 5.21% after the AMC reported a consolidated net loss of Rs 67 crore in Q4 FY26 as against a net profit of Rs 87 crore in Q4 FY25. Cyient declined 1.85% after the company reported a 32.61% fall in consolidated net profit to Rs 65.5 crore despite a 3.94% rise in total income to Rs 1,953.5 crore in Q4 FY26 over Q3 FY26.

The contract is valued at approximately Rs 490.5 crore, with each Exponent-enabled vehicle priced at around Rs 3.27 lakh. The order will be executed over a period of three years, extendable by an additional six months from the date of state transport authority approvals. Atul Auto will act as the original equipment manufacturer (OEM) for the electric three-wheelers integrated with Exponent's battery system and powertrain. The collaboration includes manufacturing, supply, servicing, and customer support of electric three-wheelers, it said. The vehicles will offer 15-minute rapid charging and come with a battery life warranty of up to 2 lakh km. Atul Auto will handle vehicle-level manufacturing, including integration of Exponent's battery system and powertrain, quality control, end-of-line testing, and delivery of fully built vehicles to Exponent. Atul Auto is a leading three-wheeler manufacturing company in Rajkot, Gujarat, India. It has a complete range of 3-wheeler products across the fuel range: diesel, petrol, CNG, LPG, and electric. The company's consolidated net profit zoomed 98.06% to Rs 15.35 crore in Q3 FY26 as against Rs 7.75 crore posted in Q3 FY25. Total revenue from operations grew by 18.39% year-on-year (YoY) to Rs 230.86 crore in the quarter ended 31 December 2025.