Atmastco Ltd
Incorporated in 1994, Atmastco Ltd does
trading of Steel Goods/Items, Industrial
Goods etc. and is in Engineering and
Erection business[1]
- Market Cap ₹ 325 Cr.
- Current Price ₹ 131
- High / Low ₹ 301 / 127
- Stock P/E 18.9
- Book Value ₹ 56.6
- Dividend Yield 0.00 %
- ROCE 21.8 %
- ROE 16.8 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 44.2% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Contingent liabilities of Rs.114 Cr.
- Company has high debtors of 206 days.
- Working capital days have increased from 117 days to 180 days
* 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
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 115 | 69 | 94 | 242 | 224 | 290 | 272 | |
| 103 | 60 | 80 | 211 | 185 | 245 | 232 | |
| Operating Profit | 13 | 9 | 14 | 31 | 39 | 44 | 40 |
| OPM % | 11% | 14% | 15% | 13% | 17% | 15% | 15% |
| 1 | 1 | 1 | 1 | 1 | 1 | 0 | |
| Interest | 7 | 7 | 8 | 10 | 12 | 13 | 12 |
| Depreciation | 2 | 2 | 3 | 4 | 4 | 4 | 4 |
| Profit before tax | 4 | 1 | 5 | 18 | 23 | 28 | 24 |
| Tax % | 28% | 41% | 30% | 30% | 28% | 29% | |
| 3 | 1 | 3 | 13 | 17 | 20 | 17 | |
| EPS in Rs | 2.15 | 0.41 | 2.18 | 8.63 | 6.76 | 8.04 | 6.94 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 20% |
| 3 Years: | 46% |
| TTM: | -5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 44% |
| 3 Years: | 83% |
| TTM: | -31% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -53% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 20% |
| Last Year: | 17% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 15 | 15 | 15 | 15 | 25 | 25 | 25 |
| Reserves | 24 | 24 | 28 | 40 | 84 | 103 | 115 |
| 45 | 54 | 52 | 71 | 71 | 72 | 87 | |
| 41 | 27 | 39 | 110 | 112 | 220 | 205 | |
| Total Liabilities | 125 | 120 | 133 | 236 | 291 | 420 | 432 |
| 0 | 30 | 28 | 30 | 27 | 24 | 22 | |
| CWIP | 4 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 2 |
| 121 | 90 | 105 | 206 | 264 | 396 | 408 | |
| Total Assets | 125 | 120 | 133 | 236 | 291 | 420 | 432 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 11 | 1 | 9 | 21 | -20 | -33 | |
| -1 | -1 | 1 | -5 | 0 | -0 | |
| -11 | -3 | -7 | 22 | 29 | 24 | |
| Net Cash Flow | -1 | -3 | 3 | 38 | 10 | -9 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 98 | 164 | 153 | 65 | 137 | 206 |
| Inventory Days | 227 | 449 | 309 | 273 | 356 | 335 |
| Days Payable | 116 | 177 | 117 | 171 | 185 | 233 |
| Cash Conversion Cycle | 209 | 436 | 345 | 167 | 308 | 308 |
| Working Capital Days | 151 | 89 | 106 | 42 | 130 | 180 |
| ROCE % | 9% | 13% | 25% | 23% | 22% |
Documents
Announcements
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
8 January 2026 - Certificate under SEBI Reg.74(5) for quarter ended 31 Dec 2025 submitted.
-
Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
8 January 2026 - SEBI Regulation 27(2) corporate governance not applicable for quarter ended Dec 31, 2025; listed on NSE Emerge.
-
Integrated Filing- Governance
8 January 2026 - Submitted SEBI Reg 13(3) investor grievances statement for quarter ended Dec 31, 2025; zero complaints.
-
Awarding of order(s)/contract(s)
3 January 2026 - Received AED 647,900 trial work order from Shapoorji Pallonji Mideast (Dubai) for fabrication and galvanizing.
-
Awarding of order(s)/contract(s)
1 January 2026 - Received Rs.6.93 Crore contract (Ajni Railway Station concourse/FOB girders) from Keystone Infra; execution per PO terms (announced 01.01.2026).
Business Overview:[1][2]
AL is an ISO 9001, ISO 14001, ISO 45001, ZED certified multidisciplinary engineering company for design, manufacture, supply, erection, and commissioning of high precision mechanical equipment and specialized heavy structures for core industrial sectors like steel, energy and power, railway, cement, infrastructure,
water systems etc. In FY23, they added a new business line as contractor for construction and setting up of factory premises for private players.