Atul Auto has reported strong sales performance for March 2026, with total unit sales reaching 4,212 compared to 3,693 units in the same month last year. The three-wheeler manufacturer demonstrated solid growth momentum with a 14.05% year-on-year increase, driven primarily by robust performance in IC engine vehicles.

March 2026 Sales Performance Overview

The company's March 2026 sales figures show notable year-on-year improvement across different segments. The overall growth was primarily driven by IC engine three-wheelers, which recorded impressive performance in both domestic and export markets.

Domestic Market Performance

In the domestic market, Atul Auto achieved total sales of 3,404 units in March 2026, representing a modest 0.38% growth compared to 3,391 units in March 2025. The domestic IC engine segment remained nearly flat with 2,705 units versus 2,708 units, showing a marginal decline of 0.11%. However, the domestic EV segment showed positive momentum with 699 units compared to 683 units, registering 2.34% growth.

Year-to-Date Performance

For the full financial year 2025-26, Atul Auto has achieved total sales of 38,440 units compared to 34,012 units in FY 2024-25, marking a robust 13.02% growth. The IC engine segment led this growth with 30,537 units versus 25,375 units, representing a significant 20.34% increase. The EV segment recorded 7,903 units compared to 8,637 units in the previous year, showing an 8.50% decline.

The strong performance in IC engine vehicles, particularly in export markets, has been the key driver of the company's overall growth trajectory during March 2026 and the full financial year.

Atul Auto Limited's promoter group has executed inter-family share transfers while maintaining their collective stake in the three-wheeler manufacturer. The transactions, completed through gift transfers between family members, demonstrate internal restructuring within the promoter group without affecting the overall ownership pattern.

Transaction Overview

The share transfer activity involved Hiren Vasantrai Patel and other promoter group members, with transactions occurring on March 25, 2026 and March 27, 2026. The transfers were executed through gift arrangements and inter-se transfers between family members within the promoter group structure.

Shareholding Pattern

The promoter group's collective holding remains stable despite the internal transfers. Before and after the transactions, the group maintains identical ownership levels across all categories of shareholding.

Key Individual Changes

Within the promoter group, specific individuals experienced changes in their individual holdings:

• Hiren Vasantrai Patel increased his holding from 1,38,960 shares (0.50%) to 2,88,960 shares (1.04%) through acquisition of 1,50,000 shares
• Manjulaben Vasantrai Patel transferred her entire holding of 1,91,304 shares (0.69%) to other family members
• Vasantrai Kurjibhai Patel reduced his holding by 1,22,820 shares, from 2,28,000 shares (0.82%) to 1,05,180 shares (0.38%)
• Hirenkumar V Patel HUF acquired 1,64,124 shares (0.59%), increasing from zero holdings

Company Capital Structure

Atul Auto Limited's equity capital structure remains unchanged following these transactions. The company maintains its equity base of Rs.13,87,56,400 divided into 2,77,51,280 equity shares, each carrying a face value of Rs.5. This capital structure applies to both the total share capital and diluted share capital, as the company has no outstanding convertible securities or warrants.

Regulatory Compliance

The disclosure was filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, with the formal communication dated March 28, 2026. The filing was addressed to BSE Limited, National Stock Exchange of India Limited, and Atul Auto Limited's Company Secretary, ensuring comprehensive regulatory compliance across all relevant stakeholders.