Operating profit margin has jumped from negative 27.19% to negative 19.73%, leading to 12.05% fall in operating loss to Rs 6.35 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 79.76% to 83.56%.   Employee cost decreased from 28.51% to 21.36%.   Other expenses fell from 18.26% to 12.06%.   Other direct service cost fell from 1.18% to 0.37%.   

Other income fell 21.88% to Rs 0.25 crore. During the quarter ending June 2021, PBIDT stood at negative Rs 6.1 crore compared to a loss of Rs 6.9 crore in quarter endedJune 2020.

 Provision for interest rose 41.94% to Rs 0.44 crore. Provision for depreciation remained same as at Rs 1.62 crore.

loss before tax fell 7.59% to Rs 8.16 crore.  Share of profit/loss was 48.84% lower at Rs 0.22 crore.  Provision for tax was credit of Rs 1.73 crore, compared to credit of Rs 2.05 crore.  Effective tax rate was 21.79% compared to 24.40%. Loss after tax fell 2.20% to Rs 6.21 crore

Minority interest was nil in both the periods.  Net loss attributable to owners of the company fell 2.20% to Rs 6.21 crore.  

Promoters' stake was 52.70% as of 30 June 2021 ,compared to 52.70% as of 30 June 2020 .  

Full year results analysis.

Net sales (including other operating income) of Atul Auto has declined 52.68% to Rs 295.9 crore.  

Operating profit margin has fell from 11.38% to negative 2.59%, leading to operating loss of Rs 7.66 crore compared to operating profit of Rs 71.17 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 71.75% to 81.06%.   Employee cost increased from 8.83% to 12.60%.   Other expenses rose from 7.89% to 8.89%.   Other direct service cost fell from 0.70% to 0.62%.   

Other income fell 47.13% to Rs 1.66 crore.  Provision for interest fell 14.56% to Rs 0.88 crore.  Loan funds rose to Rs 15.69 crore as of 31 March 2021 from Rs 0.74 crore as of 31 March 2020.  Inventories rose to Rs 51.12 crore as of 31 March 2021 from Rs 48.03 crore as of 31 March 2020.  Sundry debtors were lower at Rs 23.73 crore as of 31 March 2021 compared to Rs 78.08 crore as of 31 March 2020.  Cash and bank balance rose to Rs 9.08 crore as of 31 March 2021 from Rs 2.44 crore as of 31 March 2020.  Investments rose to Rs 30.69 crore as of 31 March 2021 from Rs 17.93 crore as of 31 March 2020 .  

Provision for depreciation rose 2.50% to Rs 6.56 crore.  Fixed assets increased to Rs 239.48 crore as of 31 March 2021 from Rs 210.10 crore as of 31 March 2020.  

Share of profit/loss was 66.18% higher at Rs 2.26 crore.  Provision for tax was credit of Rs 3 crore, compared to debit of Rs 14.64 crore.  Effective tax rate was 26.83% compared to 21.45%.

Minority interest was nil in both the periods.  .  Net loss attributable to owners of the company was Rs 8.18 crore compared to net profit of Rs 53.6 crore.  

Equity capital stood at Rs 10.97 crore as of 31 March 2021 to Rs 10.97 crore as of 31 March 2020.  Per share face Value remained same at Rs 5.00.  

Promoters' stake was 52.70% as of 31 March 2021 ,compared to 52.70% as of 31 March 2020 .  

Cash flow from operating activities decreased to Rs 52.08 crore for year ended March 2021 from Rs 57.17 crore for year ended March 2020.  Cash flow used in acquiring fixed assets during the year ended March 2021 stood at Rs 51.31 crore, compared to Rs 74.93 crore during the year ended March 2020.