Buy Atul Auto @ Rs 513.75 // Pradnya Gaikwad // 3 Feb 2016

[pradnya gaikwad]

Atul Auto:

Atul Autos are one of the India’s fastest growing, pure play 3-wheeled commercial vehicle  manufacturing company. They are the makers of “ATUL SHAKTI”, “ATUL GEM”, “ATUL SMART” and “ATUL GEMINI” brands of 3- wheelers. They have an integrated manufacturing facility at shaper  in the Rajkot district of Gujarat, with an installed production capacity of  48,000 vehicles per annum on a single shift basis.

Atul Auto, manufacture 3-wheelers in the “sub 1-tonne” category, targeting the passenger and cargo segment. In the passenger segment, we make the Diesel & CNG powered vehicle for carrying 3-6 passengers. Under the cargo segment, we manufacture vehicles with a rated carrying capacity of 0.5 tonne.

We are growing consistently, defying all market hurdles. Our market share is increasing constantly on account of a diversified product mix, improvement in capacity utilization, rising penetration in semi-urban and rural areas and expanding geographical reach.

The CAGR of Atul Auto over 5 years are 24.70%. Sales are growing , reserves are more than debt .So Atul Auto is BUY company.

Market Cap Rs.513.75.

Target Price Rs.616.5

STOCK  INFO
Sector                              AUTO           Market Cap                       Rs1131.93 Cr  52WeekH/L (BSE)             330.00 / 635.00  52WeekH/Low (NSE)        330.00 / 635.00  Volume                                  638        Face value                             5.00  BSE Sensex                         Rs497.75  NSE                                         Rs501.00

Category		% of Holding
	(A)Promoters                                52.70 (B) General Public                         20.79 (C) Others                                    10.18 (D) NBFC And Mutual Funds         10.04 (E) Financial Institutions                  6.30
Total             100.00