Atam Valves Ltd - Stock Valuation and Financial Performance

BSE: 543236 | NSE: ATAM | Engineering - Industrial Equipments | Small Cap

Atam Valves Share Price

145.80 -0.85 -0.58%
as on 21-Nov'24 16:59

DeciZen - make an informed investing decision on Atam Valves

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Somewhat Undervalued

3. Price Trend

Semi Strong

Atam Valves stock performance -

mw4me loader
P/E Ratio (SA):
26.83
Market Cap:
168.1 Cr.
52-wk low:
124
52-wk high:
241.2

Is Atam Valves Ltd an attractive stock to invest in?

1. Is Atam Valves Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Atam Valves Ltd is a average quality company.

2. Is Atam Valves Ltd undervalued or overvalued?

The key valuation ratios of Atam Valves Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

3. Is Atam Valves Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Atam Valves Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Atam Valves:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Atam Valves Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 11.5%12.6%12.2%7.4%12.8%15.2%43.7%24.4%-
Value Creation
Index
-0.2-0.1-0.1-0.5-0.10.12.10.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 15.617.318.316.318.320.34952.658
Sales YoY Gr.-10.9%6%-11.2%12.5%10.9%141.1%7.3%-
Adj EPS 0.60.810.111.67.15.15.5
YoY Gr.-44.8%20.2%-94.1%1633.3%52.9%347.8%-28.5%-
BVPS (₹) 5.46.27.38.112.11322.227.128.6
Adj Net
Profit
0.30.50.600.91.37.55.86
Cash Flow from Ops. 5.113.63.71.70.1-7.15.6-
Debt/CF from Ops. 2.313.232.32.641.4-0.92.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA23.5%42.1%7.3%
Adj EPS NA38.2%69.8%-28.5%
BVPSNA30.1%30.9%21.9%
Share Price - - 93.9% -3.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
10.71615.10.711.612.742.120.819.7
Op. Profit
Mgn %
14.514.313.811.413.115.522.318.617.3
Net Profit
Mgn %
1.82.93.30.24.76.515.311.110.8
Debt to
Equity
4.53.42.51.80.50.50.30.40
Working Cap
Days
0309298305271271182240118
Cash Conv.
Cycle
025525626021922415921677

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 42.10%

Net Profit is growing at healthy rate in last 3 years 69.78%

Sales growth is good in last 4 quarters at 10.33%

Return on Equity has declined versus last 3 years average to 19.70%

Latest Financials - Atam Valves Ltd.

Standalone Consolidated
TTM EPS (₹) 5.5 -
TTM Sales (₹ Cr.) 57.8 -
BVPS (₹.) 28.6 -
Reserves (₹ Cr.) 21 -
P/BV 5.14 -
PE 26.83 -
From the Market
52 Week Low / High (₹) 124.00 / 241.15
All Time Low / High (₹) 14.75 / 269.95
Market Cap (₹ Cr.) 168
Equity (₹ Cr.) 11.5
Face Value (₹) 10
Industry PE 57.5

Management X-Ray of Atam Valves:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Atam Valves

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales1617181618204953
Operating Expenses 1315161416173843
Manufacturing Costs22212122
Material Costs88979102829
Employee Cost 23444467
Other Costs 21111134
Operating Profit 2232231110
Operating Profit Margin (%) 14.4%14.3%13.7%11.4%13.1%15.5%22.3%18.6%
Other Income 00000000
Interest 11111001
Depreciation 11111111
Exceptional Items 00000000
Profit Before Tax 011012108
Tax 00000122
Profit After Tax 01101186
PAT Margin (%) 1.8%2.9%3.6%0.3%4.8%6.7%15.6%11.1%
Adjusted EPS (₹)0.60.91.10.11.11.77.35.1
Dividend Payout Ratio (%)0%0%0%0%47%60%21%15%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 344510112331
Share Capital 1333441111
Reserves 2112671320
Minority Interest00000000
Debt111210844612
Long Term Debt99853210
Short Term Debt232312512
Trade Payables11122132
Others Liabilities 22222364
Total Liabilities 1618171618193849

Fixed Assets

Gross Block789910445
Accumulated Depreciation55676112
Net Fixed Assets23233333
CWIP 00000000
Investments 00000000
Inventories99788101421
Trade Receivables4564552014
Cash Equivalents 000000010
Others Assets11111111
Total Assets 1618171618193849

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 514420-76
PBT 011012108
Adjustment 22221112
Changes in Working Capital 3-112-0-3-16-2
Tax Paid 000000-2-3
Cash Flow From Investing Activity 0-1-1-1-100-1
Capex 0-1-1-1-100-1
Net Investments 00000000
Others 00000000
Cash Flow From Financing Activity -50-3-30075
Net Proceeds from Shares 01004062
Net Proceeds from Borrowing -30-1-4-2-1-1-1
Interest Paid -1-1-1-1-100-1
Dividend Paid 000000-1-2
Others -11-11-2147
Net Cash Flow 000000010
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)10.6516.1716.160.911.813.2344.9521.41
ROCE (%)11.5412.5812.227.3812.7515.1743.7324.37
Asset Turnover Ratio1.041.021.040.991.091.091.761.24
PAT to CFO Conversion(x)N/A14N/A20-0.881
Working Capital Days
Receivable Days8391112116929391116
Inventory Days19618916317316716687119
Payable Days4742346073612631

Atam Valves Ltd Stock News

Atam Valves Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Atam Valves on 21-Nov-2024 16:59 is ₹145.8.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:59 the market cap of Atam Valves stood at ₹168.1.
The latest P/E ratio of Atam Valves as of 21-Nov-2024 16:59 is 26.83.
The latest P/B ratio of Atam Valves as of 21-Nov-2024 16:59 is 5.14.
The 52-week high of Atam Valves is ₹241.2 and the 52-week low is ₹124.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Atam Valves is ₹57.84 ( Cr.) .

About Atam Valves Ltd

ATAM Valves limited, Incorporated in 1982, is engaged in the business of various types of valves. The company's product range includes boiler mountings and various types of valves and fittings, steam traps and strainers.

The company’s manufacturing facility is equipped with standard as well as advanced machines suitable for carrying out the entire manufacturing operations slickly and proficiently.

The company, an ISO 9001:2015 and ISO 14001:2015 certified, is engaged in the business of manufacturing bronze, cast iron, cast steel, carbon steel, stainless-steel, forged steel as well as gun metal industrial valves of various types and size ranging from 8 mm up to 350 mm. It manufactures boiler mountings and supply various types of valves and fittings, steam traps and strainers and have a significant customer base in the industry.

The company has obtained ISO 14001:2015, Certification for Environment Management System (EMS) and ISO  9001:2015 for Quality Management System (QMS) issued by Equalitas Certifications Limited. EQUALITAS is accredited certification body for QMS and EMS from IAS (A Member of IAF), USA.

The company has a presence in India as well as it exports their product in United States, Kuwait, Kenya, South Africa, Malaysia, Dubai, Indonesia, Australia, Oman, Philippines, Ethiopia, Nepal and United Kingdom.

Business area of the company

The company manufacture bronze, cast iron, cast steel, carbon steel, stainless-steel, forged steel as well as gun metal industrial valves in various sizes. Also, it can alter the size as per customer requirement. The company sell its product under two brand names, viz., ATAM and FEBI. Under the brand ATAM, it deals in Valves and fittings, steam traps and strainers. Under brand FEBI, it deals in Ball-Valves.

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