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saurabh mittal

12th Sep · SEBI Registration INH000022835

Atul Auto Ltd plans to lease its Rajkot plant.

ATULAUTO
shares trade ex-dividend today (September 11) for a ₹3.00 per share final dividend for FY26, subject to approval at the 38th AGM on September 18, 2026. The company reported August 2026 total sales of 4,012 units, up 32.6% YoY (vs 3,026 units), driven by a 46% surge in ICE three-wheeler sales to 3,386 units, while EV sales eased to 626 units. In Q1 FY27, consolidated net profit fell 56% QoQ to ₹8.04 crore (though up ~70% YoY) on revenue of ~₹218–₹220 crore. Management also plans to shut three-wheeler manufacturing at its Rajkot (Shapar) facility by December 1, 2026, consolidate production at Ahmedabad, and lease the 13-acre Rajkot site to cut costs and generate rental income. The stock was quoted around ₹525–₹535 recently, with a market cap near ₹1,240–₹1,260 crore.

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