ATLASCYCLE

Atlas Cycles (Haryana) Limited

Atlas Cycles (Haryana) Limited (ATLASCYCLE) financial statements and selected valuation metrics through 30 June 2026.

Consumer Discretionary›Consumer Durables›Consumer Durables›Cycles

atlasbicycles.com(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-16

Stock price
₹91.06
Market cap
59 Cr
Stock P/E
Loss (TTM EPS ₹-12.86)
P/B
0.16
ROE (FY24)
0.2%
ROCE (FY24)
0.2%
Operating margin (FY24)
-807.7%
Debt / equity (FY24)
0.02

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

Atlas Cycles makes bicycles at plants in Sonepat (Haryana), Sahibabad (Uttar Pradesh) and Malanpur, and describes itself on its filings as a "Leading Producer & Exporter of Quality Bicycles" (FY26 results filing, May 2026).

Company snapshot

1stBy market cap

Ranked among 1 companies in Cycles.

What we see

Positives
  • ✓Debt-to-equity of 0.02x — the company is largely funded by its own money, not borrowed funds.
Concerns
  • ✗Operating cash flow is negative even though the company shows a profit — the business may not be generating real cash yet.
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Statement tables · Standalone

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales2 Cr1 Cr3 Cr2 Cr4 Cr2 Cr4 Cr2 Cr2 Cr2 Cr1 Cr2 Cr
Operating expenses (approx.)4 Cr4 Cr47 Cr5 Cr6 Cr3 Cr4 Cr3 Cr4 Cr3 Cr4 Cr3 Cr
EBITDA-3 Cr-2 Cr-43 Cr-2 Cr-2 Cr-1 Cr-0.13 Cr-1 Cr-2 Cr-1 Cr-2 Cr-1 Cr
OPM %-164.9%-187.8%-1312.2%-92.6%-52.6%-52.5%-3.7%-65.5%-100.4%-70.1%-166.7%-96.4%
Other income1 Cr0 Cr50 Cr2 Cr11 Cr2 Cr1 Cr0.15 Cr0.01 Cr0.0001 Cr0.08 Cr0 Cr
Interest0.0032 Cr0.0017 Cr0.03 Cr0.0002 Cr0.0064 Cr0.08 Cr0.03 Cr0 Cr0.0015 Cr0.0003 Cr0.01 Cr0 Cr
Depreciation1 Cr0.55 Cr-0.06 Cr0.57 Cr0.50 Cr0.50 Cr0.19 Cr0.44 Cr0.44 Cr0.44 Cr0.21 Cr0.44 Cr
Profit before tax-3 Cr-3 Cr7 Cr-0.46 Cr9 Cr0.27 Cr0.98 Cr-2 Cr-2 Cr-2 Cr-3 Cr-2 Cr
Tax %0.0%0.0%1.5%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Net profit-3 Cr-3 Cr7 Cr-0.46 Cr9 Cr0.27 Cr0.98 Cr-2 Cr-2 Cr-2 Cr-3 Cr-2 Cr
EPS (₹)₹-4.16₹-4.59₹10.19₹-0.70₹13.40₹0.41₹1.51₹-2.44₹-3.67₹-2.31₹-3.94₹-2.95

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales684 Cr653 Cr538 Cr156 Cr17 Cr3 Cr2 Cr6 Cr17 Cr7 CrSign in free for the trailing twelve months
Operating expenses (approx.)670 Cr644 Cr584 Cr193 Cr49 Cr29 Cr23 Cr53 Cr17 Cr14 CrSign in free for the trailing twelve months
EBITDA15 Cr10 Cr-46 Cr-37 Cr-32 Cr-26 Cr-21 Cr-47 Cr-0.27 Cr-7 CrSign in free for the trailing twelve months
OPM %2.1%1.5%-8.5%-23.9%-182.5%-751.0%-1212.4%-733.9%-1.6%-97.7%Sign in free for the trailing twelve months
Other income4 Cr3 Cr0.56 Cr44 Cr0.07 Cr0.25 Cr0.08 Cr49 Cr12 Cr0.25 CrSign in free for the trailing twelve months
Interest9 Cr10 Cr7 Cr9 Cr0.08 Cr0.10 Cr0.05 Cr0.04 Cr0.12 Cr0.01 CrSign in free for the trailing twelve months
Depreciation5 Cr4 Cr4 Cr4 Cr4 Cr3 Cr2 Cr2 Cr2 Cr2 CrSign in free for the trailing twelve months
Profit before tax5 Cr-2 Cr-56 Cr-7 Cr-35 Cr-29 Cr-23 Cr0.64 Cr10 Cr-8 CrSign in free for the trailing twelve months
Tax %39.4%18.4%18.8%145.4%0.0%0.0%0.0%15.6%0.0%0.0%Sign in free for the trailing twelve months
Net profit3 Cr-2 Cr-46 Cr3 Cr-35 Cr-29 Cr-23 Cr0.54 Cr10 Cr-8 CrSign in free for the trailing twelve months
EPS (₹)₹9.37₹-2.47₹-70.44₹4.80₹-54.12₹-44.16₹-35.75₹0.83₹14.63₹-12.36Sign in free for the trailing twelve months
Dividend payout %———0.0%———0.0%0.0%—Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital3 Cr3 Cr3 Cr3 Cr3 Cr3 Cr3 Cr3 Cr3 Cr3 Cr
Reserves94 Cr94 Cr49 Cr51 Cr16 Cr-12 Cr-36 Cr375 Cr384 Cr376 Cr
Borrowings85 Cr51 Cr60 Cr9 Cr9 Cr9 Cr9 Cr9 Cr9 Cr9 Cr
Other liabilities175 Cr237 Cr178 Cr125 Cr125 Cr136 Cr139 Cr95 Cr82 Cr94 Cr
Total liabilities357 Cr386 Cr290 Cr189 Cr153 Cr136 Cr115 Cr482 Cr479 Cr483 Cr
Fixed assets (net)87 Cr88 Cr81 Cr44 Cr41 Cr33 Cr21 Cr427 Cr425 Cr423 Cr
CWIP0.45 Cr1 Cr2 Cr0 Cr0 Cr—0 Cr0 Cr0 Cr—
Investments13 Cr12 Cr0.37 Cr0.22 Cr0.37 Cr0.37 Cr0.32 Cr0.0079 Cr0.0079 Cr0.0079 Cr
Loans & advances—18 Cr22 Cr23 Cr16 Cr16 Cr16 Cr14 Cr14 Cr14 Cr
Inventories49 Cr61 Cr42 Cr31 Cr21 Cr17 Cr11 Cr4 Cr2 Cr2 Cr
Trade receivables139 Cr169 Cr98 Cr37 Cr26 Cr21 Cr19 Cr3 Cr3 Cr3 Cr
Cash & bank14 Cr4 Cr4 Cr4 Cr1 Cr1 Cr0.35 Cr0.27 Cr0.82 Cr3 Cr
Other assets55 Cr33 Cr41 Cr50 Cr48 Cr48 Cr48 Cr34 Cr34 Cr38 Cr
Total assets357 Cr386 Cr290 Cr189 Cr153 Cr136 Cr115 Cr482 Cr479 Cr483 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity-7 Cr—-10 Cr-11 Cr-3 Cr-4 Cr-5 Cr-51 Cr-0.65 Cr2 Cr
Cash from investing5 Cr—8 Cr72 Cr0.16 Cr4 Cr5 Cr51 Cr1 Cr0.08 Cr
Cash from financing14 Cr—2 Cr-61 Cr-0.08 Cr-0.10 Cr-0.05 Cr-0.04 Cr-0.12 Cr-0.01 Cr
Net cash flow12 Cr—-0.55 Cr0.36 Cr-3 Cr0.20 Cr-0.90 Cr-0.09 Cr0.55 Cr2 Cr
Free cash flow (OCF − Capex)-11 Cr—-17 Cr-16 Cr-3 Cr-4 Cr-5 Cr-51 Cr-0.85 Cr2 Cr

Ratios

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
ROCE %7.5%5.3%-44.2%4.0%-123.3%——0.2%
ROE %3.1%-1.6%-88.8%5.7%-180.7%——0.2%
Debtor days7494668654922503929153
Inventory days37473710365620191115136
Days payable95152120356321112589101862203
Cash conversion cycle15-11-17-167-2007-8320-5142-1914
OCF / EBITDA %n.m.———————
Debt / equity0.880.521.160.160.46——0.02
Current ratio1.051.040.810.760.550.440.360.28
Net debt / EBITDA4.914.90——————