Atlas Cycles (Haryana) Ltd

Atlas Cycles Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Atlas Cycles (Haryana) Ltd

₹ 130 5.00%
14 Jan - close price
atlasbicycles.com BSE: 505029 NSE: ATLASCYCLE
About

Incorporated in 1951, Atlas Cycles Ltd are the manufacturers of bicycles[1]

Key Points

Business Overview:[1][2]
ACL is an ISO 9001:2000 certified and one of India's oldest and largest manufacturers of bicycles in the world. Its bicycles are ridden over 50 countries. Company manufactures bicycles for the domestic and export markets under the Atlas brand.

Website BSE NSE - BE
  • Market Cap ₹ 84.7 Cr.
  • Current Price ₹ 130
  • High / Low ₹ 130 / 63.0
  • Stock P/E 7.05
  • Book Value ₹ 594
  • Dividend Yield 0.00 %
  • ROCE -26.7 %
  • ROE -28.1 %
  • Face Value ₹ 5.00
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Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.22 times its book value
  • Debtor days have improved from 2,118 to 153 days.

Cons

  • The company has delivered a poor sales growth of -58.8% over past five years.
  • Earnings include an other income of Rs.63.6 Cr.
  • Company has high debtors of 153 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

Sector: Miscellaneous Industry: Cycles And Accessories

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
1.56 0.19 0.93 0.90 0.66 0.18 0.00 0.00 1.63 1.30 3.30 2.39 3.70
7.65 5.86 11.76 5.89 8.73 3.24 7.47 0.92 4.33 3.74 46.56 4.61 5.64
Operating Profit -6.09 -5.67 -10.83 -4.99 -8.07 -3.06 -7.47 -0.92 -2.70 -2.44 -43.26 -2.22 -1.94
OPM % -390.38% -2,984.21% -1,164.52% -554.44% -1,222.73% -1,700.00% -165.64% -187.69% -1,310.91% -92.89% -52.43%
0.00 0.13 0.12 0.00 0.03 0.00 0.01 1.09 1.10 0.12 49.96 2.33 11.17
Interest 0.03 0.02 0.04 0.01 0.02 0.00 0.01 0.00 0.00 0.00 0.03 0.00 0.01
Depreciation 0.78 0.85 0.67 0.57 0.58 0.57 0.56 0.56 1.11 0.55 -0.06 0.57 0.50
Profit before tax -6.90 -6.41 -11.42 -5.57 -8.64 -3.63 -8.03 -0.39 -2.71 -2.87 6.73 -0.46 8.72
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.49% 0.00% 0.00%
-6.90 -6.41 -11.42 -5.57 -8.64 -3.64 -8.03 -0.40 -2.71 -2.87 6.63 -0.46 8.72
EPS in Rs -10.61 -9.86 -17.56 -8.56 -13.28 -5.60 -12.35 -0.62 -4.17 -4.41 10.19 -0.71 13.41
Raw PDF
Upcoming result date: 17 January 2025

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
678 650 595 571 684 650 538 156 17 3 2 6 11
655 650 613 564 670 640 578 192 49 29 17 53 61
Operating Profit 23 -0 -19 7 15 10 -40 -36 -32 -26 -15 -47 -50
OPM % 3% -0% -3% 1% 2% 1% -7% -23% -182% -751% -895% -734% -466%
2 2 9 1 4 3 -6 43 0 0 -5 50 64
Interest 15 9 11 8 9 10 7 9 0 0 0 0 0
Depreciation 7 7 7 5 5 4 4 4 4 3 2 2 2
Profit before tax 4 -15 -28 -6 5 -2 -56 -7 -35 -29 -23 1 12
Tax % 22% -32% -32% -45% 38% -18% -19% -145% 0% 0% 0% 16%
3 -10 -19 -3 3 -2 -46 3 -35 -29 -23 1 12
EPS in Rs 4.26 -15.51 -29.15 -5.02 4.89 -2.48 -70.44 4.80 -54.11 -44.16 -35.75 0.83 18.48
Dividend Payout % 53% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -37%
5 Years: -59%
3 Years: -28%
TTM: 491%
Compounded Profit Growth
10 Years: %
5 Years: -5%
3 Years: -15%
TTM: 181%
Stock Price CAGR
10 Years: 1%
5 Years: 20%
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: -28%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 3 3 3 3 3 3 3 3 3 3 3 3 3
Reserves 123 113 94 91 96 94 48 52 16 -12 -36 375 383
106 110 103 70 92 53 61 9 9 9 9 9 0
224 204 159 173 168 235 177 131 125 136 139 95 111
Total Liabilities 457 430 359 337 359 386 290 195 153 136 116 482 497
91 90 92 93 87 88 81 42 38 33 21 427 426
CWIP 4 4 4 0 0 1 2 2 2 0 0 0 0
Investments 15 12 13 13 15 12 0 0 0 0 0 0 0
347 323 250 230 257 284 206 150 112 103 94 55 71
Total Assets 457 430 359 337 359 386 290 195 153 136 116 482 497

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
32 -2 21 41 -12 34 -10 -11 -11,270 -4 -5 -51
-8 -3 -1 -2 7 -0 8 72 11,267 4 5 51
-19 -7 -18 -41 16 -44 2 -61 -0 -0 -0 -0
Net Cash Flow 5 -13 2 -3 12 -10 -1 0 -3 0 -1 -0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 73 91 73 67 74 95 66 100 550 2,256 3,943 153
Inventory Days 83 70 36 34 37 48 36 100 564 1,327 1,038 109
Days Payable 90 95 79 100 96 153 118 346 2,761 8,275 9,483 1,753
Cash Conversion Cycle 67 66 29 2 15 -10 -16 -146 -1,647 -4,692 -4,501 -1,491
Working Capital Days 41 50 35 29 37 25 12 -48 -1,036 -7,126 -17,033 -3,587
ROCE % 7% -3% -11% 1% 6% 4% -33% -39% -76% -199% -27%

Shareholding Pattern

Numbers in percentages

1 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
42.12% 41.92% 41.92% 41.92% 41.92% 41.92% 41.92% 41.92% 41.92% 41.92% 41.92% 41.92%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01%
57.88% 58.08% 58.08% 58.08% 58.08% 58.08% 58.07% 58.07% 58.07% 58.07% 58.07% 58.07%
No. of Shareholders 11,02610,76410,75710,75410,75410,75010,74710,74910,74510,74410,74410,743

* 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.

Click on the line-items to see the names of individual entities.

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