About Atul Auto Ltd
Data last updated:
Atul Auto Ltd is a public limited company based in Rajkot Rajkot, Gujarat, India. It operates in the motorcycles and scooters segment of the automotive sector. It was incorporated on 18 June 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L54100GJ1986PLC016999. Its GSTIN is 24AACCA3018M1ZX (Gujarat). The company holds 16 GST registrations, of which 9 are active. Its shares are listed on BSE: 531795 and NSE: ATULAUTO.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹13.88 Cr. It was formerly known as Atul Auto (Jamnagar) Pvt Ltd and Atul Auto Pvt Ltd. It is led by directors including Neeraj Jentibhai Chandra (Managing Director) and Mahendra Jamnadas Patel (Whole-Time Director).
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Vill Shapar Nr Microwavetower On Gondal Highway Dist, Rajkot, Gujarat, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹725.2 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹18.34 Cr (net margin 2.5%) and EBITDA of ₹54.82 Cr (EBITDA margin 7.6%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 3% over five years.
The company has about 476 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 1 brand: ATUL Auto. As per MCA filings, the company has open charges of ₹37.5 Cr and satisfied charges of ₹286.54 Cr on record. Court records list 125 cases involving the company, including 82 filed by the company and 33 filed against it; 41 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website atulauto.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressVill Shapar Nr Microwavetower On Gondal Highway Dist, Rajkot, Gujarat, India
- IndustryAutomotive, Motorcycles & Scooters
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Name History of Atul Auto Ltd
Atul Auto has undergone 2 name changes throughout its history. The company was previously known as Atul Auto (Jamnagar) Pvt Ltd, and Atul Auto Pvt Ltd. The current legal name is Atul Auto Ltd.
| Company Name | Status |
|---|---|
| Atul Auto Ltd | Current |
| Atul Auto (Jamnagar) Pvt Ltd | Previous |
| Atul Auto Pvt Ltd | Previous |
CIN History of Atul Auto Ltd
Atul Auto has one previous CIN (Corporate Identification Number): L54100GJ1992PLC016999. The current CIN is L54100GJ1986PLC016999, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L54100GJ1986PLC016999 | Current |
| L54100GJ1992PLC016999 | Previous |
Associated Brands with Atul Auto Ltd
Atul Auto operates one associated brand: ATUL Auto. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Three-wheelers are manufactured for cargo and passenger transport. | atulauto.co.in |
Competitors & Alternatives of Atul Auto Ltd
Brands and companies operating in the same space as Atul Auto Ltd include Mahindra Last Mile Mobility, Ashok Leyland, SML Isuzu and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Mahindra Last Mile Mobility | Manufacturer of petrol, CNG, diesel and electric last mile mobility 3 & 4 wheelers, passenger, and cargo vehicles | Mumbai, India | 1994 |
 Ashok Leyland | Commercial buses and trucks are manufactured by Ashok Leyland. | Chennai, India | 1948 |
 SML Isuzu | Commercial vehicles including buses, trucks, and ambulances are manufactured. | Chandigarh, India | 1983 |
 Altigreen | Electric mobility solutions are offered via indigenous three-wheelers. | Bengaluru, India | 2013 |
 ETO Motors | Online platform offering electric vehicles and fleet management solutions | Hyderabad, India | 2018 |
 Montra Electric | Electric three-wheelers are manufactured by Montra Electric in India. | Chennai, India | 2020 |
 3evi | Three-wheel electric vehicles are manufactured along with hyper-local connectivity services. | Bengaluru, India | 2019 |
 MLR Auto | Manufacturer of electric three-wheelers | Hyderabad, India | 2009 |
 TI Clean Mobility | Electric three-wheelers are designed, manufactured, and marketed for passenger transport. | Chennai, India | 2022 |
Business Activity of Atul Auto Ltd
The main business activity of Atul Auto is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Atul Auto Ltd
Atul Auto Ltd is audited by Maharishi & Co. for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Maharishi & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Atul Auto Ltd
Atul Auto has 6 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahendra Jamnadas Patel | Whole-Time Director | 30 Nov 1994 | 31 Years 10 Months | Current |
| Neeraj Jentibhai Chandra Also directs: JJ Chandra Estate LLP | Managing Director | 01 Mar 2015 | 11 Years 7 Months | Current |
| Vijay Kishanlal Kedia Also directs: Greenline Tea & Exports Limited, Kedia Securities Pvt Ltd | Director | 31 Jan 2009 | 17 Years 8 Months | Current |
| Honey Sethi Also directs: Shalimar Hatcheries Limited. | Director | 11 Aug 2024 | 2 Years 1 Months | Current |
| Gurudeo Madhukar Yadwadkar Also directs: Khushbu Auto Finance Limited | Director | 11 Aug 2023 | 3 Years 1 Months | Current |
| Kamalkishore Chhaganlal Vora Also directs: Ionledger Technologies LLP | Director | 15 Mar 2026 | 0 Years 6 Months | Current |
Financials of Atul Auto Ltd FY 2025 filings available
Atul Auto Ltd reported revenue of ₹725.2 Cr (up 37% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Atul Auto Ltd
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 37% growth in the latest year. EBITDA rose 30% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Atul Auto Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹54.82 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹18.34 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Atul Auto Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.5% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Atul Auto are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Atul Auto Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Group Structure of Atul Auto Ltd
Atul Auto has 3 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Atul Greentech Private Limited | U31909GJ2020PTC112350 | Locked |
| Khushbu Auto Finance Limited | U74999GJ1994PLC022816 | Locked |
| Atul Green Automotive Private Limited | U74999GJ2018PTC100815 | Locked |
Showing major subsidiaries. Total: 3.
Charges & Borrowings of Atul Auto Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Dec 2021 | Others | ₹7.5 Cr | Open |
| 15 Mar 2010 | Idbi Bank Limited | ₹30 Cr | Open |
| 19 Mar 2020 | Others | ₹75 Cr | Satisfied |
| 05 Mar 2019 | Others | ₹28.54 Cr | Satisfied |
| 15 Mar 2010 | Idbi Bank Limited | ₹15 Cr | Satisfied |
Total charge records: 8 View all charges
Employees and EPFO Compliance at Atul Auto Ltd
Atul Auto Ltd has a workforce of 476 employees as of Apr 04, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Atul Auto Ltd
Atul Auto has 16 GST registrations: 9 active and 7 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCA3018M1ZX | Gujarat | Active | 01 Jul 2017 |
| 24AACCA3018M2ZW | Gujarat | Active | 10 Apr 2020 |
| 27AACCA3018M1ZR | Maharashtra | Active | 21 Dec 2017 |
| 08AACCA3018M2ZQ | Rajasthan | Active | 27 Aug 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Legal Cases of Atul Auto Ltd
Atul Auto Ltd has 125 court cases on record: 82 filed by Atul Auto, 33 filed against it, 10 where it is another party. 41 cases are pending and 84 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 98 | 22 | 30 |
| High courts | 20 | 4 | 9 |
| NCLAT | 6 | 6 | 1 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 125)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against Echo Motors and Automobiles Private Limited | Pending |
| District court, Kamrup Metro, Assam | Court case (Complaint Case C.R.) | Filed against the company by Echo Motors and Automobiles Private Limited | Pending |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against Aar Kay Universal Private Limited | Disposed |
| District court, Aurangabad, Maharashtra | Civil suit | Filed against the company by Rehlko Energy India Private Limited | Disposed |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by Iti Finance Limited | Pending |
Full case history
All 125 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit Ratings, Litigation & Regulatory Alerts for Atul Auto Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Atul Auto Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Atul Auto Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Atul Auto Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Atul Auto Ltd
Recent News on Atul Auto Ltd
Frequently Asked Questions about Atul Auto Ltd
Atul Auto is an active public limited company based in Rajkot Rajkot, Gujarat, India. The company works in motorcycles and scooters, within the automotive industry. It was incorporated on 18 June 1986 (40+ years old) and is registered under CIN L54100GJ1986PLC016999. Listed on BSE: 531795 and NSE: ATULAUTO.
Atul Auto reported revenue of ₹725.2 Cr for FY 2025 (up 37% YoY).
Atul Auto has 6 current directors:
- Neeraj Jentibhai Chandra - Managing Director
- Mahendra Jamnadas Patel - Whole-Time Director
- Vijay Kishanlal Kedia - Director
- Honey Sethi - Director
- Gurudeo Madhukar Yadwadkar - Director
- Kamalkishore Chhaganlal Vora - Director
Atul Auto reported a net profit of ₹18.34 Cr (net margin 2.5%) and EBITDA of ₹54.82 Cr (EBITDA margin 7.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Atul Auto is 32% over three years and 3% over five years. In the latest year (FY 2025) revenue rose 37%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Atul Auto is 24AACCA3018M1ZX, registered in Gujarat. The company has 16 GST registrations in all, of which 9 are active and 7 are cancelled or inactive. Other active GSTINs include 24AACCA3018M2ZW (Gujarat), 27AACCA3018M1ZR (Maharashtra), 08AACCA3018M2ZQ (Rajasthan).
The CIN (Corporate Identification Number) of Atul Auto is L54100GJ1986PLC016999. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Atul Auto is listed on both BSE (code: 531795) and NSE (symbol: ATULAUTO).
Atul Auto has 125 court cases on record: 82 filed by the company and 33 filed against it. 41 are pending. Most are in the district courts.