Reported Earnings • May 22
Full year 2026 earnings released: EPS: ₹1.35 (vs ₹1.39 in FY 2025) Full year 2026 results: EPS: ₹1.35 (down from ₹1.39 in FY 2025). Revenue: ₹677.6m (down 4.0% from FY 2025). Net income: ₹71.6m (down 3.3% from FY 2025). Profit margin: 11% (in line with FY 2025). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth. 공시 • May 20
ATV Projects India Limited, Annual General Meeting, Aug 12, 2026 ATV Projects India Limited, Annual General Meeting, Aug 12, 2026. 공시 • May 09
ATV Projects India Limited to Report Q4, 2026 Results on May 20, 2026 ATV Projects India Limited announced that they will report Q4, 2026 results on May 20, 2026 Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹35.18, the stock trades at a trailing P/E ratio of 24.4x. Average trailing P/E is 23x in the Machinery industry in India. Total returns to shareholders of 344% over the past three years. New Risk • Apr 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Market cap is less than US$100m (₹1.74b market cap, or US$18.7m). Reported Earnings • Feb 12
Third quarter 2026 earnings released: EPS: ₹0.30 (vs ₹0.31 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.30 (down from ₹0.31 in 3Q 2025). Revenue: ₹183.7m (up 17% from 3Q 2025). Net income: ₹16.1m (down 3.7% from 3Q 2025). Profit margin: 8.7% (down from 11% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth. 공시 • Feb 03
ATV Projects India Limited to Report Q3, 2026 Results on Feb 11, 2026 ATV Projects India Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 11, 2026 New Risk • Jan 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.8% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Market cap is less than US$100m (₹1.74b market cap, or US$18.9m). Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹32.83, the stock trades at a trailing P/E ratio of 22.6x. Average trailing P/E is 26x in the Machinery industry in India. Total returns to shareholders of 247% over the past three years. New Risk • Nov 15
New major risk - Revenue and earnings growth Earnings have declined by 0.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.8% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₹1.72b market cap, or US$19.4m). Reported Earnings • Nov 15
Second quarter 2026 earnings released: EPS: ₹0.28 (vs ₹0.29 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.28 (down from ₹0.29 in 2Q 2025). Revenue: ₹139.6m (down 19% from 2Q 2025). Net income: ₹14.7m (down 5.6% from 2Q 2025). Profit margin: 11% (up from 9.0% in 2Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 49% per year, which means it is tracking significantly ahead of earnings growth. 공시 • Nov 07
ATV Projects India Limited to Report Q2, 2026 Results on Nov 13, 2025 ATV Projects India Limited announced that they will report Q2, 2026 results on Nov 13, 2025 공시 • Jul 21
ATV Projects India Limited, Annual General Meeting, Aug 16, 2025 ATV Projects India Limited, Annual General Meeting, Aug 16, 2025, at 11:00 Indian Standard Time. Reported Earnings • Jul 21
First quarter 2026 earnings released: EPS: ₹0.38 (vs ₹0.30 in 1Q 2025) First quarter 2026 results: EPS: ₹0.38 (up from ₹0.30 in 1Q 2025). Revenue: ₹153.1m (down 23% from 1Q 2025). Net income: ₹20.1m (up 26% from 1Q 2025). Profit margin: 13% (up from 8.1% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 74% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹43.06, the stock trades at a trailing P/E ratio of 30.9x. Average trailing P/E is 34x in the Machinery industry in India. Total returns to shareholders of 416% over the past three years. 공시 • Jul 14
ATV Projects India Limited to Report Q1, 2026 Results on Jul 19, 2025 ATV Projects India Limited announced that they will report Q1, 2026 results at 9:15 AM, Indian Standard Time on Jul 19, 2025 Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹41.19, the stock trades at a trailing P/E ratio of 29.6x. Average trailing P/E is 34x in the Machinery industry in India. Total returns to shareholders of 436% over the past three years. Reported Earnings • May 29
Full year 2025 earnings released: EPS: ₹1.39 (vs ₹1.22 in FY 2024) Full year 2025 results: EPS: ₹1.39 (up from ₹1.22 in FY 2024). Revenue: ₹713.1m (up 16% from FY 2024). Net income: ₹74.0m (up 15% from FY 2024). Profit margin: 10% (in line with FY 2024). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 64% per year, which means it is well ahead of earnings. 공시 • May 23
ATV Projects India Limited to Report Q4, 2025 Results on May 28, 2025 ATV Projects India Limited announced that they will report Q4, 2025 results on May 28, 2025 Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹36.01, the stock trades at a trailing P/E ratio of 30.1x. Average trailing P/E is 32x in the Machinery industry in India. Total returns to shareholders of 257% over the past three years. Buy Or Sell Opportunity • Apr 08
Now 26% overvalued Over the last 90 days, the stock has fallen 35% to ₹31.00. The fair value is estimated to be ₹24.61, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has declined by 6.0%. Valuation Update With 7 Day Price Move • Feb 18
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹28.82, the stock trades at a trailing P/E ratio of 24.1x. Average trailing P/E is 30x in the Machinery industry in India. Total returns to shareholders of 163% over the past three years. Reported Earnings • Feb 12
Third quarter 2025 earnings released: EPS: ₹0.31 (vs ₹0.23 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.31 (up from ₹0.23 in 3Q 2024). Revenue: ₹157.4m (up 34% from 3Q 2024). Net income: ₹16.7m (up 37% from 3Q 2024). Profit margin: 11% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 38% per year, which means it is well ahead of earnings. New Risk • Feb 12
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.2% average weekly change). Minor Risk Market cap is less than US$100m (₹1.90b market cap, or US$21.8m). 공시 • Feb 11
ATV Projects India Limited Appoints Sarada Patro as A Company Secretary and Compliance Office On the recommendation of Nomination and Remuneration Committee, ATV Projects India Limited's Board of Directors approved the appointment of Ms. Sarada Patro as a Company Secretary and Compliance officer of the Company with effect from February 11, 2025. She is a qualified Company Secretary (CS) with over 5 years of experience and holds membership no. A49636 since 2017. She previously worked as a full- time Company Secretary at Seftech India Private Limited. Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹40.58, the stock trades at a trailing P/E ratio of 36.5x. Average trailing P/E is 35x in the Machinery industry in India. Total returns to shareholders of 160% over the past three years. 공시 • Feb 03
ATV Projects India Limited to Report Q3, 2025 Results on Feb 11, 2025 ATV Projects India Limited announced that they will report Q3, 2025 results on Feb 11, 2025 Valuation Update With 7 Day Price Move • Jan 02
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹44.72, the stock trades at a trailing P/E ratio of 40.2x. Average trailing P/E is 39x in the Machinery industry in India. Total returns to shareholders of 242% over the past three years. 공시 • Dec 24
ATV Projects India Limited Announces Resignation of Pooja Bagwe as Company Secretary & Compliance Officer, Whole-Time Director, Effective 25 December 2024 ATV Projects India Limited announced that Mrs. Pooja Bagwe has tendered her resignation from the post of company secretary & compliance officer, whole-time director and a Key Managerial personnel of the company for personal reasons, with effect from closing of business hours of 25 December 2024. New Risk • Dec 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (₹2.12b market cap, or US$24.9m). Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹44.50, the stock trades at a trailing P/E ratio of 40x. Average trailing P/E is 40x in the Machinery industry in India. Total returns to shareholders of 221% over the past three years. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹37.42, the stock trades at a trailing P/E ratio of 33.7x. Average trailing P/E is 36x in the Machinery industry in India. Total returns to shareholders of 197% over the past three years. Reported Earnings • Oct 27
Second quarter 2025 earnings released: EPS: ₹0.29 (vs ₹0.32 in 2Q 2024) Second quarter 2025 results: EPS: ₹0.29 (down from ₹0.32 in 2Q 2024). Revenue: ₹173.2m (up 3.8% from 2Q 2024). Net income: ₹15.6m (down 7.4% from 2Q 2024). Profit margin: 9.0% (down from 10% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 51% per year, which means it is well ahead of earnings. 공시 • Oct 19
ATV Projects India Limited to Report Q2, 2025 Results on Oct 26, 2024 ATV Projects India Limited announced that they will report Q2, 2025 results at 12:15 PM, Indian Standard Time on Oct 26, 2024 Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹39.56, the stock trades at a trailing P/E ratio of 34.9x. Average trailing P/E is 40x in the Machinery industry in India. Total returns to shareholders of 271% over the past three years. Board Change • Sep 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Director Deepa Rai was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Aug 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹34.74, the stock trades at a trailing P/E ratio of 30.6x. Average trailing P/E is 39x in the Machinery industry in India. Total returns to shareholders of 284% over the past three years. Reported Earnings • Aug 11
First quarter 2025 earnings released: EPS: ₹0.30 (vs ₹0.35 in 1Q 2024) First quarter 2025 results: EPS: ₹0.30 (down from ₹0.35 in 1Q 2024). Revenue: ₹198.5m (up 30% from 1Q 2024). Net income: ₹16.0m (down 14% from 1Q 2024). Profit margin: 8.1% (down from 12% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 45% per year, which means it is well ahead of earnings. 공시 • Aug 02
ATV Projects India Limited to Report Q1, 2025 Results on Aug 10, 2024 ATV Projects India Limited announced that they will report Q1, 2025 results at 12:15 PM, Indian Standard Time on Aug 10, 2024 Reported Earnings • Jul 12
Full year 2024 earnings released: EPS: ₹1.22 (vs ₹0.95 in FY 2023) Full year 2024 results: EPS: ₹1.22 (up from ₹0.95 in FY 2023). Revenue: ₹615.3m (up 29% from FY 2023). Net income: ₹64.6m (up 27% from FY 2023). Profit margin: 11% (in line with FY 2023). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹31.90, the stock trades at a trailing P/E ratio of 26.2x. Average trailing P/E is 41x in the Machinery industry in India. Total returns to shareholders of 169% over the past three years. New Risk • May 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.4% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₹1.44b market cap, or US$17.4m). Valuation Update With 7 Day Price Move • May 17
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹25.80, the stock trades at a trailing P/E ratio of 20.5x. Average trailing P/E is 41x in the Machinery industry in India. Total returns to shareholders of 324% over the past three years. 공시 • May 15
ATV Projects India Limited, Annual General Meeting, Aug 08, 2024 ATV Projects India Limited, Annual General Meeting, Aug 08, 2024. 공시 • May 05
ATV Projects India Limited to Report Q4, 2024 Results on May 11, 2024 ATV Projects India Limited announced that they will report Q4, 2024 results on May 11, 2024 Valuation Update With 7 Day Price Move • Apr 25
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹21.03, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 40x in the Machinery industry in India. Total returns to shareholders of 379% over the past three years. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹18.17, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 35x in the Machinery industry in India. Total returns to shareholders of 343% over the past three years. New Risk • Mar 26
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹817.5m (US$9.81m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 0.4% per year over the past 5 years. Market cap is less than US$10m (₹817.5m market cap, or US$9.81m). Minor Risk Large one-off items impacting financial results. Reported Earnings • Feb 11
Third quarter 2024 earnings released: EPS: ₹0.23 (vs ₹0.099 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.23 (up from ₹0.099 in 3Q 2023). Revenue: ₹117.4m (down 13% from 3Q 2023). Net income: ₹12.2m (up 131% from 3Q 2023). Profit margin: 10% (up from 3.9% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 65% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹21.81, the stock trades at a trailing P/E ratio of 19.3x. Average trailing P/E is 35x in the Machinery industry in India. Total returns to shareholders of 336% over the past three years. Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹18.72, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 35x in the Machinery industry in India. Total returns to shareholders of 237% over the past three years. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹13.89, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 32x in the Machinery industry in India. Total returns to shareholders of 253% over the past three years. Reported Earnings • Nov 04
Second quarter 2024 earnings released: EPS: ₹0.32 (vs ₹0.29 in 2Q 2023) Second quarter 2024 results: EPS: ₹0.32 (up from ₹0.29 in 2Q 2023). Revenue: ₹167.1m (up 27% from 2Q 2023). Net income: ₹16.9m (up 11% from 2Q 2023). Profit margin: 10% (down from 12% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 53% per year, which means it is well ahead of earnings. 공시 • Oct 24
ATV Projects India Limited to Report Q2, 2024 Results on Nov 02, 2023 ATV Projects India Limited announced that they will report Q2, 2024 results on Nov 02, 2023 Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹13.73, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 31x in the Machinery industry in India. Total returns to shareholders of 295% over the past three years. New Risk • Sep 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 40% per year over the past 5 years. Market cap is less than US$10m (₹694.8m market cap, or US$8.35m). Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (11% net profit margin). Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹14.64, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 30x in the Machinery industry in India. Total returns to shareholders of 369% over the past three years. 공시 • Jul 29
ATV Projects India Limited to Report Q1, 2024 Results on Aug 09, 2023 ATV Projects India Limited announced that they will report Q1, 2024 results on Aug 09, 2023 Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹11.19, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 29x in the Machinery industry in India. Total returns to shareholders of 207% over the past three years. New Risk • Jul 10
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 37% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 40% per year over the past 5 years. Market cap is less than US$10m (₹498.8m market cap, or US$6.04m). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (11% net profit margin). Valuation Update With 7 Day Price Move • May 17
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹9.32, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 27x in the Machinery industry in India. Total returns to shareholders of 196% over the past three years. Reported Earnings • May 12
Full year 2023 earnings released: EPS: ₹0.96 (vs ₹1.51 in FY 2022) Full year 2023 results: EPS: ₹0.96 (down from ₹1.51 in FY 2022). Revenue: ₹492.6m (up 52% from FY 2022). Net income: ₹50.8m (down 37% from FY 2022). Profit margin: 10% (down from 25% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. 공시 • May 11
ATV Projects India Limited, Annual General Meeting, Aug 09, 2023 ATV Projects India Limited, Annual General Meeting, Aug 09, 2023. Reported Earnings • Feb 09
Third quarter 2023 earnings released: EPS: ₹0.099 (vs ₹0.11 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.099 (down from ₹0.11 in 3Q 2022). Revenue: ₹135.2m (up 109% from 3Q 2022). Net income: ₹5.28m (down 6.6% from 3Q 2022). Profit margin: 3.9% (down from 8.8% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 32% per year whereas the company’s share price has increased by 27% per year. 공시 • Jan 28
ATV Projects India Limited to Report Q3, 2023 Results on Feb 08, 2023 ATV Projects India Limited announced that they will report Q3, 2023 results on Feb 08, 2023 Reported Earnings • Nov 06
Second quarter 2023 earnings released: EPS: ₹0.29 (vs ₹0.98 in 2Q 2022) Second quarter 2023 results: EPS: ₹0.29 (down from ₹0.98 in 2Q 2022). Revenue: ₹146.3m (up 47% from 2Q 2022). Net income: ₹15.2m (down 71% from 2Q 2022). Profit margin: 10% (down from 53% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: ₹0.24 (vs ₹0.18 in 1Q 2022) First quarter 2023 results: EPS: ₹0.24 (up from ₹0.18 in 1Q 2022). Revenue: ₹74.4m (up 15% from 1Q 2022). Net income: ₹12.6m (up 35% from 1Q 2022). Profit margin: 17% (up from 14% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth. 공시 • Jul 26
ATV Projects India Limited to Report Q1, 2023 Results on Aug 10, 2022 ATV Projects India Limited announced that they will report Q1, 2023 results on Aug 10, 2022 공시 • Jul 13
ATV Projects India Limited, Annual General Meeting, Aug 10, 2022 ATV Projects India Limited, Annual General Meeting, Aug 10, 2022, at 12:00 Indian Standard Time. Agenda: To consider adoption of audited financial statements and reports of the directors and the auditors thereon; to appoint a director in place of Mr. H. C. Gupta (DIN-02237957) who retires by rotation and being eligible offers himself for reappointment; to re-appoint the statutory auditors of the Company and fix their remuneration for a second term of five years; to consider regularization of Appointment of Mr. Arun Kumar Sharma (DIN: 09247743) from Additional Director to Whole Time Director; to consider regularization of appointment of Mrs. Pooja Bagwe (DIN:03162798) from Additional Director to Whole Time Director; and to consider other matters. Reported Earnings • Jul 08
Full year 2022 earnings released: EPS: ₹1.51 (vs ₹1.30 in FY 2021) Full year 2022 results: EPS: ₹1.51 (up from ₹1.30 in FY 2021). Revenue: ₹325.0m (down 3.9% from FY 2021). Net income: ₹80.0m (up 16% from FY 2021). Profit margin: 25% (up from 20% in FY 2021). Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improved over the past week After last week's 15% share price gain to ₹8.70, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 24x in the Machinery industry in India. Total returns to shareholders of 152% over the past three years. Valuation Update With 7 Day Price Move • Jun 21
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹6.62, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 23x in the Machinery industry in India. Total returns to shareholders of 106% over the past three years. 공시 • May 14
ATV Projects India Board Announces Board Changes ATV Projects India Limited, at its board meeting held on May 13, 2022, considered and recommended the regularization of Mr. A. K. Sharma from Additional Director to Whole Time Director for a period of 3 years, regularized Mrs. Pooja Bagwe from Additional Director to Whole Time Director for a period of 3 years, regularization of Mrs. Payal Sanghvi as Independent Director for a period of 3 years and regularized Mrs. Deepa Rai from Additional Director to Independent Director for a period of 3 years. 공시 • May 07
ATV Projects India Limited to Report Q4, 2022 Results on May 13, 2022 ATV Projects India Limited announced that they will report Q4, 2022 results on May 13, 2022 Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improved over the past week After last week's 15% share price gain to ₹11.30, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 24x in the Machinery industry in India. Total returns to shareholders of 87% over the past three years. Valuation Update With 7 Day Price Move • Feb 16
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹13.20, the stock trades at a trailing P/E ratio of 9x. Average trailing P/E is 24x in the Machinery industry in India. Total returns to shareholders of 144% over the past three years. Reported Earnings • Feb 13
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.11 (up from ₹0.10 in 3Q 2021). Revenue: ₹64.6m (down 21% from 3Q 2021). Net income: ₹5.66m (up 7.1% from 3Q 2021). Profit margin: 8.8% (up from 6.5% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings. 공시 • Feb 01
ATV Projects India Limited to Report Q3, 2022 Results on Feb 09, 2022 ATV Projects India Limited announced that they will report Q3, 2022 results on Feb 09, 2022 Valuation Update With 7 Day Price Move • Nov 26
Investor sentiment improved over the past week After last week's 16% share price gain to ₹13.24, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 23x in the Machinery industry in India. Total returns to shareholders of 68% over the past three years. Reported Earnings • Nov 11
Second quarter 2022 earnings released: EPS ₹0.98 (vs ₹0.95 in 2Q 2021) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2022 results: Revenue: ₹103.2m (up 31% from 2Q 2021). Net income: ₹52.3m (up 3.8% from 2Q 2021). Profit margin: 51% (down from 64% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 11
Investor sentiment improved over the past week After last week's 17% share price gain to ₹9.76, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 24x in the Machinery industry in India. Total returns to shareholders of 35% over the past three years. Board Change • Aug 18
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Hem Sharma was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 11
Full year 2021 earnings released: EPS ₹1.30 (vs ₹0.46 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: ₹338.1m (down 10% from FY 2020). Net income: ₹69.1m (up 182% from FY 2020). Profit margin: 20% (up from 6.5% in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment improved over the past week After last week's 19% share price gain to ₹8.88, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 25x in the Machinery industry in India. Total returns to shareholders of 7.9% over the past three years. Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment improved over the past week After last week's 20% share price gain to ₹7.07, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 24x in the Machinery industry in India. Total loss to shareholders of 21% over the past three years. Reported Earnings • May 21
Full year 2021 earnings released: EPS ₹0.25 (vs ₹0.46 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: ₹341.1m (down 9.6% from FY 2020). Net income: ₹69.1m (up 182% from FY 2020). Profit margin: 20% (up from 6.5% in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • May 11
Investor sentiment improved over the past week After last week's 21% share price gain to ₹5.10, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 24x in the Machinery industry in India. Total loss to shareholders of 45% over the past three years. Is New 90 Day High Low • Feb 21
New 90-day low: ₹4.75 The company is down 2.0% from its price of ₹4.83 on 23 November 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 27% over the same period. Reported Earnings • Jan 14
Third quarter 2021 earnings released: EPS ₹0.10 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹81.6m (down 7.3% from 3Q 2020). Net income: ₹5.28m (down 50% from 3Q 2020). Profit margin: 6.5% (down from 12% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 115% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 07
New 90-day high: ₹6.18 The company is up 81% from its price of ₹3.41 on 09 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 26% over the same period. Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improved over the past week After last week's 18% share price gain to ₹5.90, the stock is trading at a trailing P/E ratio of 4.6x, up from the previous P/E ratio of 3.9x. This compares to an average P/E of 26x in the Machinery industry in India. Total return to shareholders over the past three years is a loss of 56%. 공시 • Jan 02
ATV Projects India Limited to Report Q3, 2021 Results on Jan 12, 2021 ATV Projects India Limited announced that they will report Q3, 2021 results on Jan 12, 2021 Valuation Update With 7 Day Price Move • Dec 08
Market bids up stock over the past week After last week's 18% share price gain to ₹5.70, the stock is trading at a trailing P/E ratio of 4.4x, up from the previous P/E ratio of 3.7x. This compares to an average P/E of 24x in the Machinery industry in India. Total return to shareholders over the past three years is a loss of 42%. Is New 90 Day High Low • Dec 04
New 90-day high: ₹5.20 The company is up 30% from its price of ₹4.01 on 04 September 2020. The Indian market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 13% over the same period. Valuation Update With 7 Day Price Move • Nov 19
Market bids up stock over the past week After last week's 18% share price gain to ₹4.43, the stock is trading at a trailing P/E ratio of 3.4x, up from the previous P/E ratio of 2.9x. This compares to an average P/E of 20x in the Machinery industry in India. Total return to shareholders over the past three years is a loss of 55%. Is New 90 Day High Low • Nov 18
New 90-day high: ₹4.33 The company is up 53% from its price of ₹2.83 on 20 August 2020. The Indian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 7.0% over the same period. Reported Earnings • Nov 12
Second quarter 2021 earnings released: EPS ₹0.95 The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: ₹79.5m (down 17% from 2Q 2020). Net income: ₹50.4m (up ₹44.3m from 2Q 2020). Profit margin: 63% (up from 6.3% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 119% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings. 공시 • Nov 11
ATV Projects India Limited Announces Board Changes ATV Projects India Limited, at its board meeting held on November 10, 2020, announced cessation of Mr. Nitin Wagh from the office of directorship and appointed Mr. Hem Prakash Sharma as an additional Director of the
Company. Valuation Update With 7 Day Price Move • Nov 04
Market pulls back on stock over the past week After last week's 17% share price decline to ₹3.42, the stock is trading at a trailing P/E ratio of 7.1x, down from the previous P/E ratio of 8.6x. This compares to an average P/E of 20x in the Machinery industry in India. Total return to shareholders over the past three years is a loss of 67%. Valuation Update With 7 Day Price Move • Nov 02
Market pulls back on stock over the past week After last week's 15% share price decline to ₹3.60, the stock is trading at a trailing P/E ratio of 7.5x, down from the previous P/E ratio of 8.9x. This compares to an average P/E of 20x in the Machinery industry in India. Total return to shareholders over the past three years is a loss of 65%.