MarketFriction

Atam Valves Ltd

NSE ATAM · BSE 543236 · Industrial Products
₹55.35 -1.76%
NSE close2026-10-01
52 week range48.50 - 111.00
Market cap₹64.5 Cr.
P/E35.4
Price band 20% Delivery 57.6%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales12.7612.1917.2511.4816.9217.3814.7112.3711.4110.4113.1012.29
Expenses10.3810.2813.2610.0014.3014.8311.3910.299.8110.7611.5111.21
Operating Profit2.381.913.991.482.622.553.322.081.60-0.351.591.08
OPM %18.65%15.67%23.13%12.89%15.48%14.67%22.57%16.81%14.02%-3.36%12.14%8.79%
Other Income0.000.000.020.010.030.000.020.000.000.010.000.19
Interest0.370.290.250.100.230.260.280.270.250.250.260.30
Depreciation0.170.170.150.140.150.160.180.150.160.160.150.12
Profit before tax1.841.453.611.252.272.132.881.661.19-0.751.180.85
Tax %28.80%31.72%25.48%24.80%26.87%25.82%25.69%25.30%25.21%-22.67%27.97%24.71%
Net Profit1.320.992.680.931.661.582.131.240.90-0.580.860.64
EPS in Rs1.250.862.340.811.451.381.861.080.79-0.510.750.56
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales13.7315.3717.3018.3416.2918.3320.3349.0152.3160.2346.9847.21
Expenses11.0912.9714.8215.8214.4315.9317.1838.1042.5250.2742.0543.29
Operating Profit2.642.402.482.521.862.403.1510.919.799.964.933.92
OPM %19.23%15.61%14.34%13.74%11.42%13.09%15.49%22.26%18.72%16.54%10.49%8.30%
Other Income0.030.010.020.080.030.030.090.240.030.070.010.20
Interest1.721.311.181.050.830.560.440.401.140.881.041.06
Depreciation0.820.610.560.670.850.650.910.720.650.630.610.59
Profit before tax0.130.490.760.880.211.221.8910.038.038.523.292.47
Tax %30.77%32.65%32.89%26.14%80.95%27.87%27.51%23.63%27.40%26.06%26.44%
Net Profit0.080.340.510.650.040.871.377.675.836.302.421.82
EPS in Rs4.0017.000.851.080.071.051.657.275.095.502.111.59
Dividend Payout %0.00%0.00%0.00%0.00%0.00%47.47%60.29%20.63%14.74%15.46%16.57%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth13%21%-1%-23%
Compounded Profit Growth41%23%-31%-72%
Stock Price CAGR%16%-32%-39%
Return on Equity17%18%15%6%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.800.800.803.003.003.004.134.1310.5511.4611.4611.46
Reserves1.441.521.830.711.361.865.846.5614.4519.5825.0126.60
Borrowings14.0015.5311.8012.7510.728.504.555.957.1712.8712.0914.94
Other Liabilities2.431.492.362.102.182.663.663.196.175.865.455.11
Total Liabilities18.6719.3416.7918.5617.2616.0218.1819.8338.3449.7754.0158.11
Fixed Assets2.872.231.732.612.492.673.473.293.122.743.082.39
CWIP0.000.000.000.000.000.050.000.000.000.000.000.00
Investments0.000.000.000.000.000.000.000.000.000.000.000.00
Other Assets15.8017.1115.0615.9514.7713.3014.7116.5435.2247.0350.9355.72
Total Assets18.6719.3416.7918.5617.2616.0218.1819.8338.3449.7754.0158.11
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-1.270.325.080.963.633.741.730.13-7.135.58-6.580.46
Cash from Investing Activity-1.44-0.18-0.09-1.43-0.55-0.74-1.48-0.03-0.25-0.59-0.90-0.07
Cash from Financing Activity2.67-0.12-4.910.41-3.06-3.03-0.25-0.087.424.97-2.520.85
Net Cash Flow-0.050.020.08-0.050.02-0.030.010.020.039.96-10.001.24
Free Cash Flow-2.710.144.98-0.473.083.000.250.10-7.385.00-7.480.39
CFO/OP-49%18%220%47%154%212%80%16%-45%83%-43%45%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days104.62142.2392.38105.70124.3991.87102.3594.62148.43100.76133.32125.16
Inventory Days405.79597.64462.40416.43291.11403.50329.51361.79182.83265.74291.89410.54
Days Payable56.7726.8243.2939.7032.4880.4181.8947.8634.1428.9129.6230.66
Cash Conversion Cycle453.64713.05511.49482.43383.01414.96349.97408.54297.12337.58395.59505.04
Working Capital Days306.88408.60292.57218.16197.23143.85174.83165.00165.93128.60205.38267.18
ROCE %10.63%10.85%11.15%12.50%12.24%7.31%12.70%14.44%41.84%24.11%20.27%8.53%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters68.26%68.26%70.79%61.22%52.29%52.29%52.29%52.29%52.55%52.44%52.29%52.29%
FIIs0.00%0.00%0.00%0.06%0.26%0.17%0.36%0.21%0.18%0.17%0.17%0.17%
DIIs0.00%0.00%0.00%0.36%0.00%0.00%0.00%0.00%0.09%0.99%1.01%1.07%
Public31.75%31.74%29.21%38.36%47.44%47.53%47.35%47.50%47.17%46.38%46.53%46.46%
No. of Shareholders6,4379,20010,63211,12113,03013,55313,38913,77213,50312,96412,39912,065

Fundamentals

Market Cap₹ 64.5 Cr.
Current Price₹ 56.2
Stock P/E35.4
Book Value₹ 33.2
ROCE8.53 %
ROE6.49 %
Dividend Yield0.62 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-23%
Compounded Profit Growth (TTM)-72%
Standalone figures.
Valuation
Market capRs 63 Cr
Enterprise valueRs 77 Cr
P/E (TTM)34.86x
Price to book1.67x
Price to sales1.34x
EV / EBITDA18.67x
EV / EBIT21.79x
EV / sales1.63x
Price to cash flow137.93x
Earnings yield2.87%
Dividend yield0.63%
P/E, 3-year average23.46x
P/B, 3-year average3.37x
P/E, 5-year average22.64x
P/B, 5-year average4.06x
Profitability
Operating margin (excl. other income)10.49%
Operating margin (incl. other income)10.52%
EBITDA margin8.73%
Pre-tax margin5.23%
Net profit margin3.86%
Net margin, latest quarter5.21%
ROE6.49%
ROCE8.53%
ROA4.32%
ROE, 3-year average15.32%
ROCE, 3-year average17.65%
ROA, 3-year average9.90%
ROE, 5-year average20.44%
ROCE, 5-year average22.13%
ROA, 5-year average12.65%
ROIC (approx.)5.04%
Tax rate26.44%
Other income / net worth0.03%
Growth
Sales growth (latest year)-22.00%
Profit growth (latest year)-61.59%
Sales CAGR, 3 years-1.40%
Sales CAGR, 5 years20.71%
Profit CAGR, 3 years-31.92%
Profit CAGR, 5 years22.70%
Sales growth QoQ-6.18%
Profit growth QoQ-25.58%
Sales growth YoY (latest quarter)-0.65%
Profit growth YoY (latest quarter)-48.39%
Per share
EPS (TTM)Rs 1.59
EPS (latest year)Rs 2.11
EPS (latest quarter)Rs 0.56
EPS, 3-year averageRs 4.23
EPS, 5-year averageRs 4.66
Book value per shareRs 33.20
Sales per shareRs 41.18
Cash flow per shareRs 0.40
Free cash flow per shareRs 0.34
Dividend per share (latest year)Rs 0.35
Dividend per share, 3-year averageRs 0.65
Dividend per share, 5-year averageRs 1.09
Dividends
Dividend payout16.53%
Dividend payout, 3-year average15.56%
Dividend payout, 5-year average25.57%
Efficiency
Asset turnover0.81x
Fixed asset turnover19.66x
Inventory turnover0.95x
Inventory days385 days
Debtor days125 days
Debtors turnover2.92x
Creditor days31 days
Cash conversion cycle505 days
Working capital days267 days
Leverage
Total debtRs 15 Cr
Cash and bankRs 1 Cr
Net debtRs 13 Cr
Debt to equity0.39x
Net debt / EBITDA3.27x
Interest coverage3.33x
Owners' fund to total sources65.50%
Debt to assets25.71%
Cash flow
Cash from Operating Activity (latest year)Rs 0 Cr
Cash from Investing Activity (latest year)Rs -0 Cr
Cash from Financing Activity (latest year)Rs 1 Cr
Net Cash Flow (latest year)Rs 1 Cr
Free cash flow (latest year)Rs 0 Cr
FCFE (approx.: FCF + change in debt)Rs 3 Cr
Cash from ops / profit, 5 years-0.32x
Sales to cash flow102.13x
Statement figures
Net sales (TTM)Rs 47 Cr
Net sales (latest year)Rs 47 Cr
Sales (latest quarter)Rs 12 Cr
Operating profit excl. other income (latest year)Rs 5 Cr
Operating profit (latest quarter)Rs 1 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 4 Cr
PBDT (TTM)Rs 3 Cr
Profit before tax (TTM)Rs 2 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 2 Cr
Net profit (latest year)Rs 2 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 30 Cr
Total expenditure (latest year)Rs 42 Cr
Total income (latest year)Rs 47 Cr
Share capitalRs 11 Cr
ReservesRs 27 Cr
Shareholders' fundsRs 38 Cr
Total assetsRs 58 Cr
Net blockRs 2 Cr
ReceivablesRs 16 Cr
InventoryRs 32 Cr
Other liabilitiesRs 5 Cr
Shares outstanding (crore)1.15
Ownership
Promoter holding52.29% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 34.9 is at the 68th percentile of its own 5.4-year range (median 30.0, low 13.1, high 188.3).
P/B 1.67 is at the 1th percentile (median 4.71).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodATAMNifty 50Difference
1 week-4.7%-2.8% -1.9 pts
1 month-1.0%-6.8% +5.8 pts
3 months-21.0%-7.6% -13.3 pts
6 months+12.8%+0.4% +12.4 pts
1 year-39.0%-9.9% -29.1 pts
2 years-63.4%-13.6% -49.9 pts
3 years-69.0%+14.2% -83.2 pts
5 years+115.0%+27.9% +87.1 pts

Red flags

F-score 3 of 8
explainWeak cash conversion Cash from operations was -4% of net profit over the last 3 years
lookInventory outrunning sales Inventory grew 15% vs sales -22% in 2026
lookAuditor change Auditor change 2025-11-14: Atam Valves Limited has informed the Exchange regarding Change in Auditors of the company.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹12 Cr -0.6% vs Jun 2025. Net profit ₹1 Cr -48.4%.
Against our estimate for Jun 2026: sales +33.4%, profit -3.9% in line. Our estimate for Sep 2026: sales Rs 11 Cr, profit Rs 1 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-16Dividend - Re 0.35 Per Share
2025-09-18Dividend - Re 0.85 Per Share
2024-09-23Dividend - Rs 0.75 Per Share
2023-09-22Dividend - Rs 1.50 Per Share
DateTypeWhat it says
2026-09-25Shareholder meetingVoting results.
2026-09-24Shareholder meetingProceedings of Annual General Meeting held on September 24, 2026
2026-08-29General UpdatesIssuance of Letters to Shareholders under Regulation 36(1)(b) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.
2026-08-29Record DateRecord date for the purpose of Dividend and Cut-off date is 16-Sep-2026.
2026-08-29UpdatesCommunication to Shareholders - Intimation on Tax Deduction on Dividend..
2026-08-29Shareholder meetingNotice of Annual General Meeting to be held on September 24, 2026
2026-08-29DividendBoard of Directors at its meeting held on August 29, 2026, fixed the record date for the purpose of final dividend..
2026-08-29Board meeting outcomeOutcome of Board Meeting held on August 29, 2026.
2026-08-13Board meeting outcomeAtam Valves Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-08-05Statement of deviation(s) orStatement of deviation(s) or variation(s) under Reg. 32
2026-05-26Statement of deviation(s) orStatement of deviation(s) or variation(s) under Reg. 32
2026-05-25UpdatesInvestor Presentation Q4 FY26.
2026-05-25Press ReleaseA press release dated May 25, 2026, titled "Financial Performance for Q4 & FY 2025-26".
2026-05-25DividendBoard of Directors at its meeting held on May 25, 2026, recommended Final Dividend of Rs. 0.35 per equity share.
2026-05-25Board meeting outcomeAtam Valves Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-05-04Disclosure under SEBI TakeovAtam Valves Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substanti...
2026-05-01Press ReleaseA press release dated May 01, 2026, titled "Atam Valves Limited Receives API Spec Q1, Certification from The American Petroleum Institute".
2026-02-13Statement of deviation(s) orStatement of deviation(s) or variation(s) under Reg. 32
2026-02-13Press ReleaseA press release dated February 13, 2026, titled "Financial Results Quarter 3 FY26, Standalone Results".
2026-02-13Board meeting outcomeAtam Valves Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
2025-12-04Press ReleaseA press release dated December 04, 2025, titled "Atam Valves Limited Nears Final Stage of American Petroleum Institute (API) Certification ".
2025-11-17UpdatesInvestor Presentation Q2 FY 26.
2025-11-14Press ReleaseA press release dated November 14, 2025, titled "Financial Results Quarter 2 FY26, Standalone Results".
2025-11-14Statement of deviation(s) orStatement of deviation(s) or variation(s) under Reg. 32
2025-11-14Change in AuditorsChange in Auditors of the company.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Atam Valves Ltd?

Atam Valves Ltd (ATAM) has a market capitalisation of Rs 64.5 Cr. at the 2026-10-01 close.

What is the P/E ratio of Atam Valves Ltd?

Atam Valves Ltd trades at a P/E of 35.4 on trailing twelve-month profit, at the 2026-10-01 close.

What were Atam Valves Ltd's latest quarterly results?

In the Jun 2026 quarter, Atam Valves Ltd sales was Rs 12 Cr (-0.6% vs Jun 2025) and net profit was Rs 1 Cr.

What is the 52-week high and low of Atam Valves Ltd?

The 52-week high is Rs 111.00 and the 52-week low is Rs 48.50.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03