BSE:500028

Stock Analysis Report

Executive Summary

ATV Projects India Limited manufactures and trades in engineering equipment in India.

Snowflake

Fundamentals

Fair value with mediocre balance sheet.

Risks

  • ATV Projects India has significant price volatility in the past 3 months.
  • ATV Projects India is not covered by any analysts.

Share Price & News

How has ATV Projects India's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-4.7%

BSE:500028

-2.3%

IN Machinery

-2.1%

IN Market


1 Year Return

-63.7%

BSE:500028

-29.0%

IN Machinery

-14.7%

IN Market

500028 underperformed the Machinery industry which returned -29% over the past year.

500028 underperformed the Market in India which returned -14.7% over the past year.


Share holder returns

500028IndustryMarket
7 Day-4.7%-2.3%-2.1%
30 Day-13.6%-10.0%-4.2%
90 Day-15.6%-21.5%-10.9%
1 Year-63.7%-63.7%-27.8%-29.0%-12.9%-14.7%
3 Year-44.8%-44.8%-5.7%-9.3%17.7%11.5%
5 Year-5.5%-5.5%33.2%25.8%35.4%22.5%

Price Volatility Vs. Market

How volatile is ATV Projects India's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is ATV Projects India undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

ATV Projects India's share price is below the future cash flow value, and at a moderate discount (> 20%).

ATV Projects India's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

ATV Projects India is loss making, we can't compare its value to the IN Machinery industry average.

ATV Projects India is loss making, we can't compare the value of its earnings to the India market.


Price Based on Expected Growth

Unable to calculate PEG ratio for ATV Projects India, we can't assess if its growth is good value.


Price Based on Value of Assets

ATV Projects India is good value based on assets compared to the IN Machinery industry average.


Next Steps

Future Growth

How is ATV Projects India expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if ATV Projects India is high growth as no revenue estimate data is available.

ATV Projects India's earnings are expected to grow by 17.5% yearly, however this is not considered high growth (20% yearly).

Unable to compare ATV Projects India's revenue growth to the India market average as no estimate data is available.

ATV Projects India's earnings growth is positive but not above the India market average.

ATV Projects India's earnings growth is expected to exceed the low risk savings rate of 7.6%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if ATV Projects India will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has ATV Projects India performed over the past 5 years?

20.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

ATV Projects India does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.

Unable to compare ATV Projects India's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare ATV Projects India's 1-year growth to the IN Machinery industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if ATV Projects India has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if ATV Projects India has efficiently used its assets last year compared to the IN Machinery industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if ATV Projects India improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is ATV Projects India's financial position?


Financial Position Analysis

ATV Projects India is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

ATV Projects India's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

ATV Projects India's level of debt (39.9%) compared to net worth is satisfactory (less than 40%).

ATV Projects India had negative shareholder equity 5 years ago, it is now positive therefore their debt level has improved.

Debt is not well covered by operating cash flow (5.2%, less than 20% of total debt).

ATV Projects India is making a loss, therefore interest payments are not well covered by earnings.


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.6x debt.


Next Steps

Dividend

What is ATV Projects India's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate ATV Projects India's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate ATV Projects India's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as ATV Projects India has not reported any payouts.

Unable to verify if ATV Projects India's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as ATV Projects India has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of ATV Projects India's salary, the management and board of directors tenure and is there insider trading?

10.9yrs

Average board tenure


CEO

Harish Gupta (66yo)

0.0yrs

Tenure

₹776,000

Compensation

Mr. Harish Chandra Gupta serves as Compliance Officer, Secretary and Whole Time Director of ATV Projects India, Ltd. Mr. Gupta posses over 32 years experience in various capacities including as Director. H ...


CEO Compensation Analysis

Harish 's remuneration is lower than average for companies of similar size in India.

Harish 's compensation has been consistent with company performance over the past year, both up more than 20%.


Board Age and Tenure

10.9yrs

Average Tenure

69.5yo

Average Age

The average tenure for the ATV Projects India board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

Buy₹4,267,20003 Jan 19
Mahesh Chaturvedi
EntityIndividual
Role
Chairman of the Board
Chairman
Shares576,653
Max Price₹7.40

Ownership Breakdown


Management Team

  • Harish Gupta (66yo)

    Whole Time Director

    • Tenure: 0.0yrs
    • Compensation: ₹776.00k
  • Ravindra Chaturvedi

    Chief Financial Officer

    • Tenure: 0.0yrs
    • Compensation: ₹600.00k

Board Members

  • Mahesh Chaturvedi

    Chairman

    • Tenure: 0.0yrs
    • Compensation: ₹44.00k
  • Keshar Nalwaya (74yo)

    Independent Director

    • Tenure: 11.1yrs
    • Compensation: ₹33.00k
  • Sakti Banerjee (83yo)

    Independent Director

    • Tenure: 12.5yrs
    • Compensation: ₹44.00k
  • Satish Gupta (72yo)

    Independent Director

    • Tenure: 11.1yrs
    • Compensation: ₹22.00k
  • Harish Gupta (66yo)

    Whole Time Director

    • Tenure: 0.0yrs
    • Compensation: ₹776.00k
  • Payal Sanghavi (29yo)

    Director

    • Tenure: 1.3yrs
    • Compensation: ₹22.00k
  • Nitin Wagh (67yo)

    Director

    • Tenure: 0.5yrs

Company Information

ATV Projects India Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: ATV Projects India Limited
  • Ticker: 500028
  • Exchange: BSE
  • Founded: 1978
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: ₹192.816m
  • Shares outstanding: 53.12m
  • Website: https://www.atvprojects.co.in

Location

  • ATV Projects India Limited
  • 1201, Windfall Building
  • 12th Floor
  • Mumbai
  • Maharashtra
  • 400059
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
500028BSE (Mumbai Stock Exchange)YesEquity SharesININRJun 2010

Biography

ATV Projects India Limited manufactures and trades in engineering equipment in India. It offers desalters, cryogenic vessels, distillation columns, pressure vessels, heat exchangers, boilers, reactors, bul ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/25 12:37
End of Day Share Price2019/08/23 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.