Stock Report

Atul Auto Posts 29.3% Jump in Total May 2026 Sales, Fueled by Strong Conventional Three-Wheeler Demand

Posted On : 2026-06-01 19:41:31( TIMEZONE : IST )

Three-wheeler manufacturer Atul Auto Limited has released its sales performance update for May 2026. The Rajkot-based company achieved a notable 29.34% year-on-year expansion in consolidated volumes (Domestic + Export), selling a total of 3,236 vehicles during the month compared to 2,502 units dispatched in May 2025.

The growth trajectory was heavily supported by sharp volume acceleration in its conventional internal combustion (IC) engine product lines, balancing out a temporary software contraction in the electric vehicle (EV) category.

Domestic Market Performance

In the domestic Indian market, Atul Auto's sales grew by 20.79% in May 2026, totaling 2,847 units against 2,357 units recorded in the corresponding month of the previous year.

Three-Wheeler IC Engine: Domestic sales of conventional diesel, petrol, and alternative fuel (CNG/LPG) three-wheelers climbed 31.12% to reach 2,351 units, up from 1,793 units in May 2025.

Electric Vehicles: The company dispatched 496 electric three-wheelers during the month under review, marking a 12.06% decrease from the 564 units sold during the same period last fiscal. This data includes L5 category EVs from its subsidiary, Atul Greentech Private Limited.

Consolidated Dispatches (Domestic + Exports)

When accounting for international export shipments alongside domestic sales, the overall product category dynamics showed heightened acceleration:

Total IC Engine Portfolio: Combined internal combustion vehicles jumped by an impressive 41.38% year-on-year, scaling up to 2,740 units for May 2026 over the 1,938 units managed in the same base month last year.

Total EV Portfolio: Consolidated electric vehicle volumes mirrored the domestic data at 496 units, tracking 12.06% lower against the 564 units logged in May 2025.

Year-to-Date (YTD) Cumulative Progress

Reflecting a highly dynamic start to the 2026-27 financial year, Atul Auto's cumulative performance for the April-May 2026 period highlights strong, sustainable volume growth. Total combined sales for the first two months surged by 47.55% to reach 6,237 units, up from 4,227 units recorded during the corresponding timeframe last year.

On a year-to-date basis, consolidated IC engine vehicle volumes surged 61.68% to 5,054 units. Encouragingly, despite the minor monthly dip in May, the total cumulative EV portfolio maintains a positive lane for the financial year so far, expanding 7.45% to reach 1,183 units over the 1,101 units recorded in April-May 2025. Total domestic YTD volumes stand at 5,325 units, showing a healthy 40.72% improvement.

Shares of Atul Auto Limited was last trading in BSE at Rs. 478.90 as compared to the previous close of Rs. 480.30. The total number of shares traded during the day was 15922 in over 787 trades.

The stock hit an intraday high of Rs. 494.10 and intraday low of 474.65. The net turnover during the day was Rs. 7707450.00.