Atlas Cycles (Haryana) Ltd - Stock Valuation and Financial Performance

BSE: 505029 | NSE: ATLASCYCLE | Cycles | Small Cap

Atlas Cycle(Haryana) Share Price

29 0.00 0.00%
as on 02-Aug'21 18:01

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Atlas Cycles (Haryana) stock performance -

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P/E Ratio (SA):
0.00
Market Cap:
18.9 Cr.
52-wk low:
29
52-wk high:
29

Is an attractive stock to invest in?

1. Is a good quality company?

Data is not available for this company.

2. Is undervalued or overvalued?

The key valuation ratios of Atlas Cycles (Haryana) Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is a good buy now?

No data found

10 Year X-Ray of Atlas Cycle(Haryana):

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % -1.9%-7.7%1.2%3.7%2.4%-27.9%-18.5%-75.7%-199.2%166.2%-
Value Creation
Index
-1.1-1.6-0.9-0.7-0.8-3.0-2.3-6.4NANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 65059557168465053815617.33.41.73
Sales YoY Gr.--8.5%-4%19.8%-5%-17.2%-71%-88.9%-80.2%-49.4%-
Adj EPS -16.4-37.2-50.8-4.3-64-35.2-54.1-44-29.9-44.2
YoY Gr.-NANANA-619.3%NANANANANA-
BVPS (₹) 172.7143.6138.6146.514473.684.430.3-13.9-49.722.5
Adj Net
Profit
-10.7-24.2-3.30.5-2.8-41.6-22.9-35.2-28.6-19.4-29
Cash Flow from Ops. -2.42140.8-11.734.4-10.4-11.2-3-4.1-5.4-
Debt/CF from Ops. -45.44.91.7-7.91.5-5.8-0.8-3-2.2-1.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -48.3%-69.5%-77.7%-49.4%
Adj EPS NANANANA
BVPS-187.1%-180.8%-183.8%NA
Share Price -13.4% -14.5% 2.6% -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-8.8-22.7-3.40.6-2.9-55.7-42.9-94.4-537.994325.2
Op. Profit
Mgn %
-0.1-3.21.22.11.5-7.4-22.9-182.4-751-893.8-175.2
Net Profit
Mgn %
-1.6-4.1-0.60.1-0.4-7.7-14.7-203.4-835.6-1122.2-839.3
Debt to
Equity
11.10.810.61.30.20.5-1-0.3-
Working Cap
Days
1741631381201421553562,1438,43314,827717
Cash Conv.
Cycle
63532120211742742,7934,705-1,253

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to %

Sales growth has been subdued in last 3 years %

Sales growth is not so good in last 4 quarters at %

Latest Financials - Atlas Cycles (Haryana) Ltd.

Standalone Consolidated
TTM EPS (₹) -44.2 -44.2
TTM Sales (₹ Cr.) 3.4 3.4
BVPS (₹.) 22.5 -14.2
Reserves (₹ Cr.) 11 -13
P/BV 1.29 -2.04
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 29.00 / 29.00
All Time Low / High (₹) 18.05 / 347.00
Market Cap (₹ Cr.) 18.9
Equity (₹ Cr.) 3.3
Face Value (₹) 5
Industry PE 94.6

Management X-Ray of Atlas Cycle(Haryana):

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Atlas Cycle(Haryana)

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales650.11594.59570.99684.28649.87538.36155.9017.303.421.73
Operating Expenses 650.46613.37564.39669.77640.35584.09193.1648.8729.6322.72
Manufacturing Costs79.337268.6476.8457.9160.1620.132.941.152.10
Material Costs482.57458.33409.74477.34465.23419.02114.2513.674.593.99
Employee Cost 40.0836.9235.1437.0738.9836.4534.7919.1013.307.02
Other Costs 48.4846.1250.8778.5278.2368.4723.9913.1610.599.62
Operating Profit -0.34-18.786.6014.509.52-45.73-37.26-31.57-26.21-20.99
Operating Profit Margin (%) -0.1%-3.2%1.2%2.1%1.5%-8.5%-23.9%-182.0%-766.0%-1,212.4%
Other Income 1.798.510.793.962.620.5644.200.070.770.08
Interest 9.2211.077.858.579.837.039.420.080.100.05
Depreciation 7.136.635.474.744.284.214.403.623.192.29
Exceptional Items 0000000000
Profit Before Tax -14.91-27.98-5.945.15-1.97-56.41-6.87-35.20-28.72-23.25
Tax -4.83-9.02-2.681.98-0.36-10.60-9.99000
Profit After Tax -10.08-18.95-3.263.18-1.61-45.813.12-35.20-28.72-23.25
PAT Margin (%) -1.5%-3.2%-0.6%0.5%-0.2%-8.5%2.0%-203.0%-839.0%-1,342.7%
Adjusted EPS (₹)-15.5-29.1-5.04.9-2.5-70.44.8-54.1-44.2-35.8
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 116.2297.2794.0199.1797.5751.7554.8719.67-9.05-32.29
Share Capital 3.253.253.253.253.253.253.253.253.253.25
Reserves 112.9794.0290.7695.9294.3148.5051.6216.42-12.30-35.55
Minority Interest0000000000
Debt92.3595.2560.5685.1450.8160.119999
Long Term Debt9.390.791.611.610.470.320000
Short Term Debt82.9694.4558.9583.5450.3459.789999
Trade Payables126.1299.16112.48125.85194.51135.59108.41103.40103.84103.66
Others Liabilities 95.3462.1761.7443.0436.1725.10-4.34-5.985.328.05
Total Liabilities 430.02353.84328.78353.20379.06272.55167.95126.10109.1188.41

Fixed Assets

Gross Block186.42193.48191.14187.72190.52175.97133.78130.88125.30103.69
Accumulated Depreciation96.05101.3297.82100.75102.2694.6489.5092.4092.1082.68
Net Fixed Assets90.3792.1693.3286.9888.2581.3344.2838.4833.2021.02
CWIP 4.404.2800.451.321.9502.0700
Investments 12.051313.1715.1811.700.370.370.370.370.32
Inventories92.6844.7838.654960.5841.5831.3921.1116.6511.35
Trade Receivables162.38118.54105.45138.53169.0297.5442.5726.0921.1418.69
Cash Equivalents 2.875.542.1814.594.733.764.111.241.420.52
Others Assets65.2875.5576.0248.4843.4646.0345.2136.7336.3336.51
Total Assets 430.02353.84328.78353.20379.06272.55167.95126.10109.1188.41

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -2.4120.9940.75-11.6534.41-10.41-11.18-2.99-4.12-5.39
PBT -6.33-25.23-5.945.15-1.97-56.41-6.87-35.19-28.72-23.25
Adjustment 7.136.6313.6712.9810.9316.99-23.7710.207.7910.09
Changes in Working Capital -2.0140.433.18-29.7825.4429.0119.4622.0116.817.77
Tax Paid -1.20-0.800.540000000
Cash Flow From Investing Activity -3.33-1.20-2.297.43-0.117.5972.060.194.424.54
Capex -6.64-2.07-2.542.07-5.78-471.730.103.974.40
Net Investments 3.150.300.042.454.5311.400000.09
Others 0.170.570.202.911.140.180.330.090.450.05
Cash Flow From Financing Activity -7.10-17.52-41.1116.02-44.162.27-60.52-0.08-0.10-0.05
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000-1.14-0.14-0.32000
Interest Paid -9.22-11.07-7.85-8.57-9.83-7.03-9.42-0.08-0.10-0.05
Dividend Paid -1.48-0.08-0.040000000
Others 3.60-6.36-33.2224.59-33.209.44-50.78000
Net Cash Flow -12.842.27-2.6511.80-9.86-0.550.36-2.870.20-0.90
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-8.59-18.43-3.553.43-1.7-64.746.07-94.43N/AN/A
ROCE (%)-2.52-8.081.077.914.71-38.762.95-75.69N/AN/A
Asset Turnover Ratio1.541.61.782.041.781.650.710.120.030.02
PAT to CFO Conversion(x)N/AN/AN/A-3.66N/AN/A-3.58N/AN/AN/A
Working Capital Days
Receivable Days8082676486901647242,5204,198
Inventory Days554025233135855542,0152,951
Payable Days949094911261443902,8278,2499,482

Atlas Cycles (Haryana) Ltd Stock News

Atlas Cycles (Haryana) Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Atlas Cycle(Haryana) on 02-Aug-2021 18:01 is ₹29.00.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 02-Aug-2021 18:01 the market cap of Atlas Cycle(Haryana) stood at ₹18.86.
The latest P/E ratio of Atlas Cycle(Haryana) as of 02-Aug-2021 18:01 is 0.00.
The latest P/B ratio of Atlas Cycle(Haryana) as of 02-Aug-2021 18:01 is 1.29.
The 52-week high of Atlas Cycle(Haryana) is ₹29.00 and the 52-week low is ₹29.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Atlas Cycle(Haryana) is ₹3.42 ( Cr.) .

About Atlas Cycles (Haryana) Ltd

Atlas Cycles (Haryana), Sonepat is one of India's oldest and most trusted cycling companies. Atlas Cycles started its odyssey way back in 1951 and today it is one of the largest manufacturers of bicycles in the world. Atlas bicycles are ridden over 50 countries around the globe. Now, Atlas Cycles (Sonepat) has also bagged ISO 9001: 2000 certificate by implementing the latest International Quality Management System. Atlas Cycles (Haryana), Sonepat, has the privilege of being the only Indian complete bicycle manufacturing unit whose in house research and development (R&D) unit has been recognized by the Department of Scientific and Industrial Research, Ministry of Science and Technology, Government of India. The R&D Centre is well equipped with computer aided designing facility, prototype making facility and testing facilities etc.

Atlas R&D concentrates on development of new models of bikes ranging from Kids to Mountain Bikes, City Bikes, Suspension Bikes, Sports Bikes etc. Atlas bicycles are ridden over 50 countries around the globe. Atlas Cycles, Sonepat unit caters to the needs of North-East and Central Africa, USA, Latin America, South and Central America including Mauritius, West Indies and Madagascar Island. Atlas cycles are very popular and commonly used in countries of Egypt, Zambia and Kenya. The company is also planning to enter the markets in a big way in Uganda, Tanzania, Sudan, Libya, Malawi and Ethiopia in the African continent and also USA and Latin America. Sonepat Unit of Atlas Cycles was earlier certified with ISO 9002: 1994 since 1994, which was subsequently renewed twice in 1997 and 2000.

Now, the company has bagged ISO 9001: 2000 certificate by implementing the latest International Quality Management System. Under the new certification, Research and Development activities of the company which is in addition to its manufacturing, inspection, testing and sales activities. This has made this company as one of the first major bicycle manufacturing industries in the country with ISSO 9001:2000 certificate. The company is one of the biggest bicycle manufacturing units producing most of the components under one roof. It has got a vast Press Shop, Machine Shop, Brazing Shop, Welding Shop, Heat treatment Plant, Paint Shop, Electroplating Plant and Assembly Shop spread over a campus of 28 acres.

Products:

1. Tough Roadster Models

2. Elegant Ladies bikes

3. Rugged Mountain Bikes

4. Children's Bikes

Awards

2014 -Atlas, Sahibabad bagged 1st prize at All India Industrial Exhibition, Hyderabad
2013 -First prize in publicity category at All India Industrial Exhibition, Hyderabad (AP)
-Atlas, Sahibabad participated in Cycle Trade Fair, Patna & IITF, Delhi & bagged third prize at IITF.

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