Atul Auto Limited: November 2025 Sales Performance Update

Overview Atul Auto Limited has reported a robust operational performance for November 2025, registering a total sales volume (Domestic + Exports) of 3,401 units. This represents a significant year-on-year (YoY) growth of 20.26% compared to the 2,828 units sold in November 2024. The growth trajectory was primarily driven by strong demand in the Internal Combustion (IC) engine segment, complemented by positive traction in the EV-L3 category. Monthly Performance Breakdown (November 2025) Domestic Market Strength: Total domestic sales stood at 2,802 units, marking a 10.53% increase against 2,535 units in the corresponding period last year. Segment-wise Analysis: IC Engine (Domestic): The core portfolio continues to demonstrate resilience, with sales rising by 9.9% to 2,042 units. EV-L3 Category: This segment witnessed sharp growth, surging 22.81% YoY to 646 units. EV-L5 Category: Sales under the subsidiary, Atul Greentech Pvt Ltd, faced short-term headwinds, contracting by 24.5% to 114 units. Combined Impact (Domestic + Exports): The combined IC engine volumes (Domestic + Exports) grew by 22.5%, reaching 2,635 units. Year-to-Date (YTD) Fiscal Performance (FY26) Cumulative Growth: Total sales for the fiscal year thus far stand at 23,591 units, reflecting a 6.92% growth compared to 22,064 units in the previous year. Divergent Trends in EV: While EV-L5 volumes dipped in November, the segment remains a strong performer on a YTD basis, up by 29.25% (1,056 units vs 817 units). Conversely, the EV-L3 segment, despite a strong November, is down 16.96% on a YTD basis. IC Engine Dominance: YTD domestic IC engine sales have grown by 8.92% to 15,248 units, solidifying the company's foothold in the traditional three-wheeler market.