NSEI:ATLASCYCLE

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Executive Summary

Atlas Cycles (Haryana) Limited, together with its subsidiaries, manufactures and sells bicycles and its components, and steel tubes in India.


Snowflake Analysis

Mediocre balance sheet and overvalued.

Share Price & News

How has Atlas Cycles (Haryana)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ATLASCYCLE's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-5.5%

ATLASCYCLE

3.3%

IN Leisure

2.3%

IN Market


1 Year Return

9.3%

ATLASCYCLE

15.1%

IN Leisure

2.5%

IN Market

Return vs Industry: ATLASCYCLE underperformed the Indian Leisure industry which returned 15.1% over the past year.

Return vs Market: ATLASCYCLE exceeded the Indian Market which returned 2.5% over the past year.


Shareholder returns

ATLASCYCLEIndustryMarket
7 Day-5.5%3.3%2.3%
30 Day-20.1%2.9%4.5%
90 Day28.1%17.2%21.6%
1 Year9.3%9.3%17.6%15.1%4.4%2.5%
3 Year-75.7%-75.7%15.9%10.0%5.3%0.3%
5 Year-57.2%-57.2%0.5%-7.0%29.9%20.2%

Price Volatility Vs. Market

How volatile is Atlas Cycles (Haryana)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Atlas Cycles (Haryana) undervalued compared to its fair value and its price relative to the market?

0.78x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate ATLASCYCLE's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate ATLASCYCLE's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: ATLASCYCLE is unprofitable, so we can't compare its PE Ratio to the XA Leisure industry average.

PE vs Market: ATLASCYCLE is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ATLASCYCLE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ATLASCYCLE is good value based on its PB Ratio (0.8x) compared to the XA Leisure industry average (1.3x).


Next Steps

Future Growth

How is Atlas Cycles (Haryana) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.8%

Forecasted Consumer Durables industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Atlas Cycles (Haryana) has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Atlas Cycles (Haryana) performed over the past 5 years?

-38.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ATLASCYCLE is currently unprofitable.

Growing Profit Margin: ATLASCYCLE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ATLASCYCLE is unprofitable, and losses have increased over the past 5 years at a rate of 38.3% per year.

Accelerating Growth: Unable to compare ATLASCYCLE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ATLASCYCLE is unprofitable, making it difficult to compare its past year earnings growth to the Leisure industry (-3.7%).


Return on Equity

High ROE: ATLASCYCLE has a negative Return on Equity (-125.36%), as it is currently unprofitable.


Next Steps

Financial Health

How is Atlas Cycles (Haryana)'s financial position?


Financial Position Analysis

Short Term Liabilities: ATLASCYCLE's short term assets (₹1.7B) do not cover its short term liabilities (₹2.1B).

Long Term Liabilities: ATLASCYCLE's short term assets (₹1.7B) exceed its long term liabilities (₹431.5M).


Debt to Equity History and Analysis

Debt Level: ATLASCYCLE's debt to equity ratio (13.4%) is considered satisfactory.

Reducing Debt: ATLASCYCLE's debt to equity ratio has reduced from 102.7% to 13.4% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if ATLASCYCLE has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if ATLASCYCLE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Atlas Cycles (Haryana) current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ATLASCYCLE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ATLASCYCLE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ATLASCYCLE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ATLASCYCLE's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: ATLASCYCLE is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ATLASCYCLE's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.5yrs

Average management tenure


CEO

Narendra Singh

4.5yrs

Tenure

₹1,922,000

Compensation

Mr. Narendra Pal Singh has been Chief Executive Officer of Atlas Cycles (Haryana) Ltd since February 12, 2016.


CEO Compensation Analysis

Compensation vs Market: Narendra's total compensation ($USD25.62K) is below average for companies of similar size in the Indian market ($USD49.19K).

Compensation vs Earnings: Narendra's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Narendra Singh
Chief Executive Officer4.5yrs₹1.92mno data
Chander Dhall
Chief Financial Officer4.5yrs₹900.00kno data
Nikhil Bindal
Company Secretary & Compliance Officer1.58yrs₹1.36mno data
Rajiv Kapur
Joint President of Sonepat Unitno datano data2.78%
₹ 8.0m
Ishwar Chugh
Whole Time Director22.42yrs₹2.50m0.0019%
₹ 5.3k
Angad Kapur
Senior Vice President of Sonepat Unitno datano data0.80%
₹ 2.3m
Rishav Kapur
Senior Vice President of Sahibabad Unitno datano data0.57%
₹ 1.6m
Rahul Kapur
Senior Vice President of Sahibabad Unitno datano data0.57%
₹ 1.6m
Abhinav Kapur
Senior Vice President of Sahibabad Unitno datano data0.75%
₹ 2.1m
Vikram Kapur
President of Sonepat Unitno datano data2.04%
₹ 5.8m
Girish Kapur
Joint President of Sahibabad Unit17.58yrsno data2.18%
₹ 6.2m
Gautam Kapur
Joint President of Sahibabad Unit17.58yrsno data4.25%
₹ 12.2m

4.5yrs

Average Tenure

57yo

Average Age

Experienced Management: ATLASCYCLE's management team is considered experienced (4.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ishwar Chugh
Whole Time Director22.42yrs₹2.50m0.0019%
₹ 5.3k
Kartik Rai
Independent Non-Executive Director6.67yrs₹120.00kno data
Sanjiv Singh
Independent Non-Executive Director5.92yrs₹120.00kno data
Sadhna Syal
Independent Director3.17yrs₹80.00kno data

6.3yrs

Average Tenure

63.5yo

Average Age

Experienced Board: ATLASCYCLE's board of directors are considered experienced (6.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Atlas Cycles (Haryana) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Atlas Cycles (Haryana) Limited
  • Ticker: ATLASCYCLE
  • Exchange: NSEI
  • Founded: 1950
  • Industry: Leisure Products
  • Sector: Consumer Durables
  • Market Cap: ₹286.169m
  • Shares outstanding: 6.50m
  • Website: https://www.atlasbicycles.com

Number of Employees


Location

  • Atlas Cycles (Haryana) Limited
  • Industrial Area
  • Atlas Road
  • Sonepat
  • Haryana
  • 131001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
505029BSE (Mumbai Stock Exchange)YesEquity SharesININRMay 1996
ATLASCYCLENSEI (National Stock Exchange of India)YesEquity SharesININRMay 1996

Biography

Atlas Cycles (Haryana) Limited, together with its subsidiaries, manufactures and sells bicycles and its components, and steel tubes in India. The company also exports its products to approximately 50 count ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/09 12:33
End of Day Share Price2020/08/07 00:00
Earnings2019/12/31
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.