Dashboard/ATLASCYCLE

ATLASCYCLE

FAIRLY_VALUED

Atlas Cycles (Haryana) Limited

Others · NSE

↑ 75.9% vs fair value

52W Low

₹76

+10.4% from low

52W High

₹164

-48.8% from high

News sentiment (1 articles)

0 bull0 neutral1 bear

✦

Analyst Note

1d ago

Atlas Cycles trades at ₹84.08, significantly below its fair value of ₹348.93, offering a 75.9% margin of safety, though valuation confidence is medium. The company shows alarming operational weaknesses: negative free cash flow of ₹1 Cr, a 31.1% revenue decline over one year, and deteriorating returns with ROE of just 3.3% and ROCE of 2.3%. Sentiment remains consistently bearish, and earnings quality is marked as paper profits with a weak Piotroski score of 3, despite a low debt-to-equity ratio of 0.02. This deeply discounted small-cap suits contrarian value hunters willing to tolerate significant operational and quality risks.

Valuation Gauge

FAIRLY_VALUED+75.9% Margin of Safety

OVERVALUEDFAIRLY VALUEDUNDERVALUED

Current Price

₹84

Fair Value

₹349

Fair Value Analysis

₹349

Based on balance sheet strength analysis and earnings growth potential for Others sector companies | Sector-cheap: P/E at 7th percentile vs sector peers. | CAUTION: ROCE declining (latest 6.3%) — returns on capital are falling; verify this isn't a value trap. | Growth capped at 3.8% (ROE 3.3%×1.15) — historical CAGR exceeds sustainable rate or COVID period unverifiable. | COVID-resilient: PAT dropped from ₹3Cr (FY2017) to ₹-35Cr (FY2021) during COVID but has fully recovered.

Medium confidence

Balance Sheet Value

50% weight

₹504

Growth Valuation

50% weight

₹194

Price vs Market

ATLASCYCLE

Nifty 50

Shareholding Pattern

Stock Health Score

Solid Fundamentals

6.4 / 10

Profitability

6/10

ROE of 3.3% is below the Others sector benchmark of 15%

Debt & Leverage

10/10

D/E ratio of 0.0x is well within the Others sector norm of 0.8x — strong balance sheet

Valuation vs Peers

10/10

P/E of 4.3x trades at a 89% discount to Others sector median (40x) — attractively valued

Cash Flow

1/10

Negative FCF of ₹-1 Cr — company is consuming more cash than it generates

Earnings Growth

8/10

5yr EPS CAGR of 16.6% is in line with the Others sector average of 12.0%

Dividend

4/10

No dividend — typical for growth-stage companies

Sentiment Trend — Last 30 Days

Historical Returns

Key Ratios & Growth

FCF Yield

-0.1%

Free cash flow / market cap

Revenue Growth (YoY)

+38.1%

Year-on-year revenue change

Profit Growth (YoY)

-1539.1%

Year-on-year PAT change

Operating Cash Flow

₹-51 Cr

TTM cash from operations

Key Financials

EPS (TTM)

₹19.4

P/E Ratio

4.3x

P/B Ratio

0.1x

ROE

3.3%

ROCE

2.3%

Debt / Equity

0.02x

Beta

0.38

Div Yield

—

FCF (Cr)

₹-1 Cr

Revenue (Cr)

₹9 Cr

EPS Growth 5Y

—

Mkt Cap (Cr)

₹55 Cr

52W High

₹164.4

52W Low

₹76.2

Book Value/Share

₹581.1

Financial History

Period	Revenue	Op Profit	OPM%	PAT	EPS
2024-03-31	₹6 Cr	₹-47 Cr	-731.8%	₹1 Cr	₹1.01
2023-03-31	₹2 Cr	₹-16 Cr	-897.7%	₹-23 Cr	₹-35.83
2022-03-31	₹3 Cr	₹-26 Cr	-751.8%	₹-29 Cr	₹-44.20
2021-03-31	₹17 Cr	₹-32 Cr	-182.7%	₹-35 Cr	₹-54.18
2020-03-31	₹156 Cr	₹-36 Cr	-22.9%	₹3 Cr	₹4.78
2019-03-31	₹538 Cr	₹-40 Cr	-7.4%	₹-46 Cr	₹-70.48
2018-03-31	₹650 Cr	₹10 Cr	1.5%	₹-2 Cr	₹-2.49
2017-03-31	₹684 Cr	₹15 Cr	2.1%	₹3 Cr	₹4.88
2016-03-31	₹571 Cr	₹7 Cr	1.1%	₹-3 Cr	₹-5.05
2015-03-31	₹595 Cr	₹-19 Cr	-3.2%	₹-19 Cr	₹-29.15
2014-03-31	₹650 Cr	₹-0 Cr	-0.1%	₹-10 Cr	₹-15.51
2013-03-31	₹678 Cr	₹23 Cr	3.5%	₹3 Cr	₹4.26

Compounded Growth Rates

Sales Growth

3Y-28.4%

5Y-58.8%

10Y-37.0%

Profit Growth

3Y—

5Y—

10Y—

EPS Growth

3Y—

5Y—

10Y—

Peer Comparison

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