Buy Atul Auto @ rs.481.00 // Niyati pandya // 3rd feb 2016

[niyati pandya]

Atul Auto

Atul Auto Limited is leading three wheeler manufacturing company in Rajkot, Gujarat, India. The company's origins lie in the 1970s, when Jagjivanbhai Chandra sought to modify motorcycles to make transport to meet the needs of rural areas of Saurashtra, and adapted the engines from golf carts scrapped by the Maharaja of Jamnagar, resulting in his first chhakada vehicles. The company incorporated in 1986, and productions begin in 1992.

	Analysis:
1	The CAGR for 5 years is 24.70% this is significantly higher than the GDP 7.5%.
2	The Raw materials are constant for the past 5 years.
3	OPM (%) is also constant for the past 5 years.
4	On the capital based on 11 crores, they have generated reserves of 110 crores
5	ROI(OB) is 758.59%