Press Release Atul Auto

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Press Release
Atul Auto Unveils Gemini Dz to Expand Domestic Market Share
Kochi: Atul Auto Ltd, India’s one of the leading 3 wheeler Manufacturer Company launched its 395cc 4Stroke diesel three wheeler, Gemini Dz in Trivandrum. Three-Wheeler commercial vehicles have always
played a very important role in transportation of material and commuters at the most economical cost in
India. Atul Auto has contributed a lot through providing innovative and commercially viable models in the
passenger & commercial segment for last 25 years of their successful journey.
Gemini Dz will come with powerful 7.4 HP diesel engine, electric start and many other superior features and
promises good mileage. Attractive interiors that add to the styling of the vehicle include a stunning dash
board, sufficient spaces for passenger comfort & luggage space and dual tone high quality seats.
Commenting on Gemini Dz launch, Mr. Paul Zachariah, Vice President Marketing – Atul Auto Ltd said:
“We are happy to launch Gemini Dz here, as our previous model GEM has been appreciated by our
customers & dealers on a big scale all across the network. Gemini Dz redefines all performance
characteristics like pickup, fuel efficiency, reliability and safety to give pride of ownership to our customers.
While designing Gemini Dz, our R & D team has considered every aspect of efficiency which will result in
more earnings for the vehicle owner. We believe that Gemini Dz will deliver excellent values in terms of ROI
and at the same time Gemini Dz will consolidate our position in the smaller 3-wheeler segment market
share.” The vehicle would cost around Rs 1.35 lakh.
Atul Auto is confident in the performance of Gemini Dz and also offers 24 months warranty and six free
services. Moreover, the product will be backed up by Atul Auto excellent sales and service network of over
147 dealerships in addition to more than 106 touch points that consistently provide quality services across
India. Gemini Dz is truly a world class product that will bring strength to Atul Auto’s existing 3-wheeler
portfolio. It will emerge as a preferred option with the advantage of its superior performance, operating
efficiencies and enhanced earning potential.
Atul Auto has seen significant growth in net profit in the fiscal year 2012-13. For the fiscal year, the company
posted stand-alone net profit of Rs.25.92 crore, compared with Rs.15.60 crore last year, an increase of 66
percent. During the year, the company sold 32,040 vehicles, compared to 27,000 units last year, reflecting a
growth of 18.67% percent. Atul Auto Ltd. has declared a final dividend of 60 percent or Rs.6.00 per equity
share of Rs.10 each for the fiscal year 2013.
About Atul Auto Ltd.: Atul Auto Ltd. is one of the key three wheeler manufacturing companies in the country, having
its manufacturing facility at Rajkot in the state of Gujarat with 48,000 units production capacity. Atul Auto has defied
all market hurdles and its share price has touched an all time high. The company launched various variants to its vehicle
line thus increasing its market shares from less than 2% in FY09 to over 5% today. AAL has aggressive expansion
plans and more variants to be launched which will boost company top line and being debt free strengthens the bottomline as well. Trading at a PE lower than all its peers, Atul Auto has emerged as winner. It is without doubt that this is
just the start of the winning streak for the company. www.atulauto.co.in
Media RSVP
Umesh Bhogle -09820332515 / Vinay Mohan - 9037827814
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