Atam Valves Ltd - Stock Valuation and Financial Performance

BSE: 543236 | NSE: ATAM | Engineering - Industrial Equipments | Small Cap

Atam Valves Share Price

150.90 6.60 4.57%
as on 08-Oct'24 16:01

DeciZen - make an informed investing decision on Atam Valves

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Atam Valves stock performance -

mw4me loader
P/E Ratio (SA):
27.93
Market Cap:
165.4 Cr.
52-wk low:
138.2
52-wk high:
241.2

Is Atam Valves Ltd an attractive stock to invest in?

1. Is Atam Valves Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Atam Valves Ltd is a average quality company.

2. Is Atam Valves Ltd undervalued or overvalued?

The key valuation ratios of Atam Valves Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Atam Valves Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Atam Valves Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Atam Valves:

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.
Atam Valves Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 11.5%12.6%12.2%7.4%12.8%15.2%43.7%-
Value Creation
Index
-0.2-0.1-0.1-0.5-0.10.12.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 15.617.318.316.318.320.34954
Sales YoY Gr.-10.9%6%-11.2%12.5%10.9%141.1%-
Adj EPS 0.60.810.111.67.15.2
YoY Gr.-44.8%20.2%-94.1%1633.3%52.9%347.8%-
BVPS (₹) 5.46.27.38.112.11322.227.9
Adj Net
Profit
0.30.50.600.91.37.56
Cash Flow from Ops. 5.113.63.71.70.1-7.1-
Debt/CF from Ops. 2.313.232.32.641.4-0.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA23.2%44.4%141.1%
Adj EPS NA53.3%391.4%347.8%
BVPSNA29.2%40%71.6%
Share Price - - 84.6% -16.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
10.71615.10.711.612.742.120.6
Op. Profit
Mgn %
14.514.313.811.413.115.522.318.2
Net Profit
Mgn %
1.82.93.30.24.76.515.311
Debt to
Equity
4.53.42.51.80.50.50.3-
Working Cap
Days
0309298305271271182131
Cash Conv.
Cycle
025525626021922415978

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 44.36%

Net Profit is growing at healthy rate in last 3 years 391.41%

Return on Equity has declined versus last 3 years average to 20.60%

Sales growth is not so good in last 4 quarters at 6.72%

Latest Financials - Atam Valves Ltd.

Standalone Consolidated
TTM EPS (₹) 5.2 -
TTM Sales (₹ Cr.) 53.7 -
BVPS (₹.) 27.9 -
Reserves (₹ Cr.) 21 -
P/BV 5.17 -
PE 27.93 -
From the Market
52 Week Low / High (₹) 138.20 / 241.15
All Time Low / High (₹) 14.75 / 269.95
Market Cap (₹ Cr.) 165
Equity (₹ Cr.) 11.5
Face Value (₹) 10
Industry PE 53.1

Management X-Ray of Atam Valves:

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

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Atam Valves

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales16171816182049
Operating Expenses 13151614161738
Manufacturing Costs2221212
Material Costs889791028
Employee Cost 2344446
Other Costs 2111113
Operating Profit 22322311
Operating Profit Margin (%) 14.4%14.3%13.7%11.4%13.1%15.5%22.3%
Other Income 0000000
Interest 1111100
Depreciation 1111111
Exceptional Items 0000000
Profit Before Tax 01101210
Tax 0000012
Profit After Tax 0110118
PAT Margin (%) 1.8%2.9%3.6%0.3%4.8%6.7%15.6%
Adjusted EPS (₹)0.60.91.10.11.11.77.3
Dividend Payout Ratio (%)0%0%0%0%47%60%21%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 3445101123
Share Capital 13334411
Reserves 21126713
Minority Interest0000000
Debt1112108446
Long Term Debt9985321
Short Term Debt2323125
Trade Payables1112213
Others Liabilities 2222236
Total Liabilities 16181716181938

Fixed Assets

Gross Block78991044
Accumulated Depreciation5567611
Net Fixed Assets2323333
CWIP 0000000
Investments 0000000
Inventories997881014
Trade Receivables45645520
Cash Equivalents 0000000
Others Assets1111111
Total Assets 16181716181938

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 514420-7
PBT 01101210
Adjustment 2222111
Changes in Working Capital 3-112-0-3-16
Tax Paid 000000-2
Cash Flow From Investing Activity 0-1-1-1-100
Capex 0-1-1-1-100
Net Investments 0000000
Others 0000000
Cash Flow From Financing Activity -50-3-3007
Net Proceeds from Shares 0100406
Net Proceeds from Borrowing -30-1-4-2-1-1
Interest Paid -1-1-1-1-100
Dividend Paid 000000-1
Others -11-11-214
Net Cash Flow 0000000
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)10.6516.1716.160.911.813.2344.95
ROCE (%)11.5412.5812.227.3812.7515.1743.73
Asset Turnover Ratio1.041.021.040.991.091.091.76
PAT to CFO Conversion(x)N/A14N/A20-0.88
Working Capital Days
Receivable Days8391112116929391
Inventory Days19618916317316716687
Payable Days47423460736126

Atam Valves Ltd Stock News

Atam Valves Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Atam Valves on 08-Oct-2024 16:01 is ₹150.9.
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 08-Oct-2024 16:01 the market cap of Atam Valves stood at ₹165.4.
The latest P/E ratio of Atam Valves as of 08-Oct-2024 16:01 is 27.93.
The latest P/B ratio of Atam Valves as of 08-Oct-2024 16:01 is 5.17.
The 52-week high of Atam Valves is ₹241.2 and the 52-week low is ₹138.2.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Atam Valves is ₹53.68 ( Cr.) .

About Atam Valves Ltd

ATAM Valves limited, Incorporated in 1982, is engaged in the business of various types of valves. The company's product range includes boiler mountings and various types of valves and fittings, steam traps and strainers.

The company’s manufacturing facility is equipped with standard as well as advanced machines suitable for carrying out the entire manufacturing operations slickly and proficiently.

The company, an ISO 9001:2015 and ISO 14001:2015 certified, is engaged in the business of manufacturing bronze, cast iron, cast steel, carbon steel, stainless-steel, forged steel as well as gun metal industrial valves of various types and size ranging from 8 mm up to 350 mm. It manufactures boiler mountings and supply various types of valves and fittings, steam traps and strainers and have a significant customer base in the industry.

The company has obtained ISO 14001:2015, Certification for Environment Management System (EMS) and ISO  9001:2015 for Quality Management System (QMS) issued by Equalitas Certifications Limited. EQUALITAS is accredited certification body for QMS and EMS from IAS (A Member of IAF), USA.

The company has a presence in India as well as it exports their product in United States, Kuwait, Kenya, South Africa, Malaysia, Dubai, Indonesia, Australia, Oman, Philippines, Ethiopia, Nepal and United Kingdom.

Business area of the company

The company manufacture bronze, cast iron, cast steel, carbon steel, stainless-steel, forged steel as well as gun metal industrial valves in various sizes. Also, it can alter the size as per customer requirement. The company sell its product under two brand names, viz., ATAM and FEBI. Under the brand ATAM, it deals in Valves and fittings, steam traps and strainers. Under brand FEBI, it deals in Ball-Valves.

Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.