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 ₹ 552 Cr.
- Current Price ₹ 223
- High / Low ₹ 325 / 162
- Stock P/E 27.7
- Book Value ₹ 51.8
- Dividend Yield 0.00 %
- ROCE 21.3 %
- ROE 16.8 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 44.3% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -2.28%
- 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 | |
|---|---|---|---|---|---|---|
| 115 | 69 | 94 | 242 | 224 | 290 | |
| 103 | 60 | 80 | 211 | 185 | 246 | |
| Operating Profit | 13 | 9 | 14 | 31 | 39 | 43 |
| OPM % | 11% | 14% | 15% | 13% | 17% | 15% |
| 1 | 1 | 1 | 1 | 1 | 1 | |
| Interest | 7 | 7 | 8 | 10 | 12 | 12 |
| Depreciation | 2 | 2 | 3 | 4 | 4 | 4 |
| Profit before tax | 4 | 1 | 5 | 18 | 23 | 28 |
| Tax % | 28% | 41% | 30% | 30% | 28% | 29% |
| 3 | 1 | 3 | 13 | 17 | 20 | |
| EPS in Rs | 2.15 | 0.41 | 2.18 | 8.63 | 6.76 | 8.04 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 20% |
| 3 Years: | 46% |
| TTM: | 29% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 44% |
| 3 Years: | 83% |
| TTM: | 20% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -29% |
| 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 | |
|---|---|---|---|---|---|---|
| Equity Capital | 15 | 15 | 15 | 15 | 25 | 25 |
| Reserves | 24 | 24 | 28 | 40 | 84 | 103 |
| 45 | 54 | 52 | 71 | 71 | 72 | |
| 41 | 27 | 39 | 110 | 112 | 220 | |
| Total Liabilities | 125 | 120 | 133 | 236 | 291 | 420 |
| 0 | 30 | 28 | 30 | 27 | 24 | |
| CWIP | 4 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 121 | 90 | 105 | 206 | 264 | 396 | |
| Total Assets | 125 | 120 | 133 | 236 | 291 | 420 |
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% | 21% |
Documents
Announcements
-
Resignation
25 July 2025 - Resignation of Company Secretary and Internal Auditor effective March 29, 2025, disclosed with letters.
-
Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
18 July 2025 - Company exempt from certain SEBI corporate governance rules for Q1 FY2026 due to SME listing.
-
Outcome of Board Meeting
15 July 2025 - Board approved fund raising up to ₹100 Cr and ₹1.68 Cr investment in wholly owned subsidiary.
-
Updates
7 July 2025 - Board meeting rescheduled from 8th July to 15th July 2025 due to unavoidable circumstances.
-
Board Meeting Intimation
7 July 2025 - ATMASTCO LIMITED has informed about Board Meeting to be held on 15-Jul-2025 to consider Fund raising.
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.