Atlantaa Ltd

Atlantaa Ltd

₹ 34.3 -6.61%
13 Mar - close price
About

Incorporated in 1977, Atlanta Ltd is engaged in the Construction business[1]

Key Points

Business Overview:[1][2]
Atlanta is an ISO 9001:2015 certified company which is deals in
a) Infrastructure development activities viz. Construction of Road, Highways, Bridges and Runways
b) Engineering, Procurement, Construction (EPC) contracts
c) Public Private Partnership Model (PPP) on Build Operate and Transfer (BOT), and Design, Build, Finance, Operate and Transfer (DBFOT) basis
d) Hybrid Annuity Mode Projects (HAM)
e) Operation and Maintenance Transfer (OMT)
f) Real estate development, tourism & hospitality coupled with surface mining of limestone and coal

  • Market Cap 280 Cr.
  • Current Price 34.3
  • High / Low 73.4 / 27.3
  • Stock P/E
  • Book Value 38.9
  • Dividend Yield 0.00 %
  • ROCE 12.6 %
  • ROE 20.9 %
  • Face Value 2.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.88 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -3.10% over past five years.
  • Company has a low return on equity of 10.3% over last 3 years.
  • Contingent liabilities of Rs.95.4 Cr.
  • Company has high debtors of 396 days.
  • Company's cost of borrowing seems high

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
2.27 3.41 5.45 0.92 1.62 80.54 1.12 1.03 14.00 13.34 3.35 1.15 4.54
6.52 6.87 4.88 2.18 3.28 8.40 4.42 3.86 4.52 5.29 4.83 26.06 7.23
Operating Profit -4.25 -3.46 0.57 -1.26 -1.66 72.14 -3.30 -2.83 9.48 8.05 -1.48 -24.91 -2.69
OPM % -187.22% -101.47% 10.46% -136.96% -102.47% 89.57% -294.64% -274.76% 67.71% 60.34% -44.18% -2,166.09% -59.25%
0.98 1.02 1.33 1.81 2.48 2.03 22.50 3.41 2.99 2.66 3.10 2.45 5.00
Interest 2.98 0.27 0.32 0.14 0.41 0.46 0.20 0.12 0.05 0.08 0.10 0.04 0.11
Depreciation 0.35 0.52 0.47 0.47 0.34 0.81 0.93 0.94 0.97 0.96 0.79 0.80 0.88
Profit before tax -6.60 -3.23 1.11 -0.06 0.07 72.90 18.07 -0.48 11.45 9.67 0.73 -23.30 1.32
Tax % 0.00% 590.71% 0.00% 0.00% 0.00% 34.21% 25.46% -41.67% -220.00% -41.26% 24.66% -22.66% -19.70%
-6.60 -22.31 1.11 -0.07 0.07 47.95 13.47 -0.29 36.64 13.66 0.54 -18.03 1.58
EPS in Rs -0.81 -2.74 0.14 -0.01 0.01 5.88 1.65 -0.04 4.50 1.68 0.07 -2.21 0.19
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
312.10 496.16 135.87 216.75 123.98 17.53 34.52 16.36 196.59 14.06 88.52 29.49 22.38
236.49 409.57 99.02 79.32 106.80 46.68 35.96 19.38 195.63 24.49 18.75 18.09 43.41
Operating Profit 75.61 86.59 36.85 137.43 17.18 -29.15 -1.44 -3.02 0.96 -10.43 69.77 11.40 -21.03
OPM % 24.23% 17.45% 27.12% 63.40% 13.86% -166.29% -4.17% -18.46% 0.49% -74.18% 78.82% 38.66% -93.97%
1.64 1.72 0.06 6.65 -23.94 41.44 4.87 3.04 -174.02 3.88 7.65 31.56 13.21
Interest 33.14 23.95 28.50 32.25 28.53 12.54 8.16 2.41 26.92 4.58 1.32 0.44 0.33
Depreciation 3.68 10.89 5.03 4.40 3.49 3.26 1.52 1.54 1.43 1.58 2.09 3.80 3.43
Profit before tax 40.43 53.47 3.38 107.43 -38.78 -3.51 -6.25 -3.93 -201.41 -12.71 74.01 38.72 -11.58
Tax % -3.78% 12.96% 1.48% 20.33% -32.08% -14.81% 62.72% 137.91% -1.74% 150.12% 33.70% -63.97%
41.95 46.53 3.34 85.58 -26.35 -2.99 -10.18 -9.35 -197.92 -31.79 49.07 63.49 -2.25
EPS in Rs 5.15 5.71 0.41 10.50 -3.23 -0.37 -1.25 -1.15 -24.28 -3.90 6.02 7.79 -0.27
Dividend Payout % 4.66% 5.25% 0.00% 2.86% -9.28% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -25%
5 Years: -3%
3 Years: -47%
TTM: -77%
Compounded Profit Growth
10 Years: 3%
5 Years: 52%
3 Years: 145%
TTM: -102%
Stock Price CAGR
10 Years: 0%
5 Years: 34%
3 Years: 44%
1 Year: 14%
Return on Equity
10 Years: 4%
5 Years: 5%
3 Years: 10%
Last Year: 21%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 16.30 16.30 16.30 16.30 16.30 16.30 16.30 16.30 16.30 16.30 16.30 16.30 16.30
Reserves 318.98 354.23 360.47 491.04 462.77 459.84 449.61 425.52 227.64 206.06 255.02 318.43 300.94
212.20 214.50 209.53 227.93 173.14 174.07 13.39 164.60 24.87 2.88 15.54 0.68 0.21
450.29 430.23 148.83 162.32 146.24 60.52 190.48 43.02 20.29 7.93 5.64 7.34 10.15
Total Liabilities 997.77 1,015.26 735.13 897.59 798.45 710.73 669.78 649.44 289.10 233.17 292.50 342.75 327.60
44.95 32.80 27.26 37.70 40.91 44.04 36.77 33.63 33.57 34.10 32.72 31.29 31.98
CWIP 0.30 0.30 0.53 11.55 12.21 0.69 0.69 0.69 0.69 0.69 0.00 0.00 0.00
Investments 271.47 330.07 330.31 432.15 440.76 442.91 442.87 442.89 0.22 0.17 0.32 0.33 0.33
681.05 652.09 377.03 416.19 304.57 223.09 189.45 172.23 254.62 198.21 259.46 311.13 295.29
Total Assets 997.77 1,015.26 735.13 897.59 798.45 710.73 669.78 649.44 289.10 233.17 292.50 342.75 327.60

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-106.19 184.04 87.03 49.37 78.83 32.86 65.26 -17.03 171.94 60.72 -55.91 5.53
125.10 -64.35 -0.65 -18.63 -15.38 0.83 6.31 -0.44 -1.23 0.65 -4.80 9.57
-8.55 -124.39 -91.02 -35.00 -63.58 -34.96 -71.34 18.78 -166.44 -17.96 12.64 -14.47
Net Cash Flow 10.36 -4.70 -4.64 -4.26 -0.14 -1.28 0.23 1.31 4.26 43.42 -48.07 0.63

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 106.70 110.64 64.90 157.01 324.76 249.86 1.80 15.62 91.16 193.66 344.22 395.70
Inventory Days 398.75 1,008.64 649.28 984.49 1,653.71 922.89
Days Payable 301.38 805.20 615.26 873.59 708.08 469.39
Cash Conversion Cycle 106.70 208.02 268.35 191.03 435.65 1,195.48 455.30 15.62 91.16 193.66 344.22 395.70
Working Capital Days 109.16 48.19 161.77 43.77 117.00 8.33 -1,224.00 -2,106.11 161.40 1,387.83 561.02 1,546.39
ROCE % 13.02% 13.79% 5.64% 21.14% 2.88% 1.77% 0.34% 0.10% 6.34% -3.29% 29.38% 12.57%

Insights

In beta
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Total Road Project Portfolio (Length)
Kilometers

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Employee Strength
Number
Order Book Value
₹ Crore
Real Estate Saleable Area / Area Under Development
Million Sq. Ft.
Total Project Length - Ropar-Doraha Road
Kilometers
Total Project Length - Nagpur-Kondhali Section
Kilometers
Number of Residential Units (Atlantaa Enclave II)
Number

Shareholding Pattern

Numbers in percentages

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
71.92% 71.82% 71.93% 71.96% 72.18% 73.33% 74.67% 74.67% 74.67% 74.67% 74.67% 74.67%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
28.08% 28.17% 28.06% 28.03% 27.81% 26.66% 25.32% 25.31% 25.32% 25.32% 25.31% 25.32%
No. of Shareholders 25,02024,67224,07123,52823,03222,58822,55222,41722,19721,74921,99524,712

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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