Atam Valves Ltd
Incorporated in 1985, Atam Valves Ltd is a manufacturer of Valves, Cocks & Boiler Mounting[1]
- Market Cap ₹ 94.0 Cr.
- Current Price ₹ 82.0
- High / Low ₹ 148 / 77.0
- Stock P/E 16.0
- Book Value ₹ 32.8
- Dividend Yield 1.03 %
- ROCE 20.3 %
- ROE 18.6 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 175% CAGR over last 5 years
Cons
- Company might be capitalizing the interest cost
- Promoter holding has decreased over last 3 years: -15.7%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Manufacturing Industrial Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 14.30 | 15.70 | 13.73 | 15.37 | 17.30 | 18.34 | 16.29 | 18.33 | 20.33 | 49.01 | 52.31 | 60.23 | 55.87 | |
| 12.42 | 13.38 | 11.09 | 12.97 | 14.82 | 15.82 | 14.43 | 15.93 | 17.18 | 38.10 | 42.52 | 50.27 | 46.32 | |
| Operating Profit | 1.88 | 2.32 | 2.64 | 2.40 | 2.48 | 2.52 | 1.86 | 2.40 | 3.15 | 10.91 | 9.79 | 9.96 | 9.55 |
| OPM % | 13.15% | 14.78% | 19.23% | 15.61% | 14.34% | 13.74% | 11.42% | 13.09% | 15.49% | 22.26% | 18.72% | 16.54% | 17.09% |
| 0.13 | 0.01 | 0.03 | 0.01 | 0.02 | 0.08 | 0.03 | 0.03 | 0.09 | 0.24 | 0.03 | 0.07 | 0.02 | |
| Interest | 1.07 | 1.30 | 1.72 | 1.31 | 1.18 | 1.05 | 0.83 | 0.56 | 0.44 | 0.40 | 1.14 | 0.88 | 1.06 |
| Depreciation | 0.49 | 0.84 | 0.82 | 0.61 | 0.56 | 0.67 | 0.85 | 0.65 | 0.91 | 0.72 | 0.65 | 0.63 | 0.65 |
| Profit before tax | 0.45 | 0.19 | 0.13 | 0.49 | 0.76 | 0.88 | 0.21 | 1.22 | 1.89 | 10.03 | 8.03 | 8.52 | 7.86 |
| Tax % | 33.33% | 36.84% | 30.77% | 32.65% | 32.89% | 26.14% | 80.95% | 27.87% | 27.51% | 23.63% | 27.40% | 26.06% | |
| 0.30 | 0.13 | 0.08 | 0.34 | 0.51 | 0.65 | 0.04 | 0.87 | 1.37 | 7.67 | 5.83 | 6.30 | 5.85 | |
| EPS in Rs | 15.00 | 6.50 | 4.00 | 17.00 | 0.85 | 1.08 | 0.07 | 1.05 | 1.65 | 7.27 | 5.09 | 5.50 | 5.11 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 47.47% | 60.29% | 20.63% | 14.74% | 15.46% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 30% |
| 3 Years: | 44% |
| TTM: | -3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 47% |
| 5 Years: | 175% |
| 3 Years: | 68% |
| TTM: | -7% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 36% |
| 3 Years: | -20% |
| 1 Year: | -44% |
| Return on Equity | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | 22% |
| 3 Years: | 25% |
| Last Year: | 19% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.80 | 0.80 | 0.80 | 0.80 | 3.00 | 3.00 | 3.00 | 4.13 | 4.13 | 10.55 | 11.46 | 11.46 | 11.46 |
| Reserves | 1.33 | 1.44 | 1.52 | 1.83 | 0.71 | 1.36 | 1.86 | 5.84 | 6.56 | 14.45 | 19.58 | 25.01 | 26.18 |
| 9.67 | 14.00 | 15.53 | 11.80 | 12.75 | 10.72 | 8.50 | 4.55 | 5.95 | 7.17 | 12.87 | 12.09 | 12.62 | |
| 2.50 | 2.43 | 1.49 | 2.36 | 2.10 | 2.18 | 2.66 | 3.66 | 3.19 | 6.17 | 5.86 | 5.45 | 7.02 | |
| Total Liabilities | 14.30 | 18.67 | 19.34 | 16.79 | 18.56 | 17.26 | 16.02 | 18.18 | 19.83 | 38.34 | 49.77 | 54.01 | 57.28 |
| 2.32 | 2.87 | 2.23 | 1.73 | 2.61 | 2.49 | 2.67 | 3.47 | 3.29 | 3.12 | 2.74 | 3.08 | 2.85 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 11.98 | 15.80 | 17.11 | 15.06 | 15.95 | 14.77 | 13.30 | 14.71 | 16.54 | 35.22 | 47.03 | 50.93 | 54.43 | |
| Total Assets | 14.30 | 18.67 | 19.34 | 16.79 | 18.56 | 17.26 | 16.02 | 18.18 | 19.83 | 38.34 | 49.77 | 54.01 | 57.28 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.64 | -1.27 | 0.32 | 5.08 | 0.96 | 3.63 | 3.74 | 1.73 | 0.13 | -7.13 | 5.58 | -6.58 | |
| -0.46 | -1.44 | -0.18 | -0.09 | -1.43 | -0.55 | -0.74 | -1.48 | -0.03 | -0.25 | -0.59 | -0.90 | |
| -0.11 | 2.67 | -0.12 | -4.91 | 0.41 | -3.06 | -3.03 | -0.25 | -0.08 | 7.42 | 4.97 | -2.52 | |
| Net Cash Flow | 0.07 | -0.05 | 0.02 | 0.08 | -0.05 | 0.02 | -0.03 | 0.01 | 0.02 | 0.03 | 9.96 | -10.00 |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 115.63 | 104.62 | 142.23 | 92.38 | 105.70 | 124.39 | 91.87 | 102.35 | 94.62 | 148.43 | 100.76 | 133.32 |
| Inventory Days | 295.50 | 405.79 | 597.64 | 462.40 | 416.43 | 291.11 | 403.50 | 329.51 | 361.79 | 182.83 | 265.74 | 291.89 |
| Days Payable | 45.11 | 56.77 | 26.82 | 43.29 | 39.70 | 32.48 | 80.41 | 81.89 | 47.86 | 34.14 | 28.91 | 29.62 |
| Cash Conversion Cycle | 366.02 | 453.64 | 713.05 | 511.49 | 482.43 | 383.01 | 414.96 | 349.97 | 408.54 | 297.12 | 337.58 | 395.59 |
| Working Capital Days | 238.65 | 306.88 | 408.60 | 292.57 | 218.16 | 197.23 | 143.85 | 174.83 | 165.00 | 165.93 | 128.60 | 205.38 |
| ROCE % | 13.23% | 10.63% | 10.85% | 11.15% | 12.50% | 12.24% | 7.31% | 12.70% | 14.44% | 41.84% | 24.11% | 20.27% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
4 Dec - Cleared API Q1 audit; final certification expected by Feb 2026; planning 72-inch valve production; FY27 revenue traction.
- Investor Presentation For The Quarter Ended On 30Th September, 2025 17 Nov
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Announcement under Regulation 30 (LODR)-Newspaper Publication
16 Nov - Publication of Un-Audited Financial results for Quarter and Half year ended on 30th September,2025
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
14 Nov - Q2 FY26 revenue ₹11.40 Cr, PAT ₹0.90 Cr; YoY revenue and profit declines reported.
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Statement Of Deviation & Variation
14 Nov - No funds raised; no deviation reported for quarter ended 30 September 2025.
Annual reports
Concalls
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Nov 2025TranscriptAI SummaryPPT
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Aug 2025TranscriptAI SummaryPPT
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May 2025TranscriptAI SummaryPPT
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Feb 2025TranscriptAI SummaryPPT
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Nov 2024TranscriptAI SummaryPPT
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Jul 2024Transcript PPT REC
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Jul 2024TranscriptAI SummaryPPT
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Jun 2024TranscriptAI SummaryPPT
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Apr 2024TranscriptPPT
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Apr 2024TranscriptPPTREC
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Nov 2023TranscriptPPT
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Aug 2023TranscriptAI SummaryPPT
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May 2023Transcript PPT
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May 2022TranscriptAI SummaryPPT
Business Overview:[1]
Company is a part of AMCO Industries. It is a manufacturer and exporter of Industrial & Plumbing Valves, Fittings & Boiler Mountings across various categories. The valves are engineered to handle service conditions at -192°C to 550°C and pressure up to 10000psi.