Atlas Cycles (Haryana)
- Market cap
- ₹ 56 Cr.
- P/E
- 78.1x
- P/B
- 0.15x
- 52-week range
- 76.15 – 123.67
- ROE
- −2%
- ROCE
- −2.1%
- Dividend yield
- 0%
- Debt / equity
- 0.02
- Sector
- Consumer Durables
- Industry
- Cycles
- Listed on
- NSE, BSE
About
Atlas Cycles (Haryana) Limited is an India-based company, which is engaged in the manufacturing of bicycles and bicycle components. The Company operates through a single segment, namely, the manufacturing and selling of bicycles. It offers fancy bicycles and kids' bicycles. The Company’s plants are located in Sonepat (Haryana) and Sahibabad (Uttar Pradesh).
Quick check
The five things to look at first. Open one for more.
Latest announcements
Exchange filings and their impact on the company.
- Loss narrowed slightly but revenue fell ~15% with auditor flagging loan default and hidden interest cost.
Atlas Cycles reported Q2 FY27 revenue of Rs 1.67 crore, down from Rs 1.95 crore a year ago, with a net loss of Rs 1.85 crore versus Rs 2.39 crore last year. For the half year, revenue was Rs 3.2 crore with a loss of Rs 3.77 crore. The auditor qualified the results, noting the company did not provide interest on overdue creditors and defaulted on an inter-corporate loan, understating the half-year loss by Rs 49.5 lakh.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
No up-to-date rating
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| ICRA | [ICRA]D ISSUER NOT COOPERATING | — | 22 Jul 2026 |
| CRISIL | Crisil D(Issuer Not Cooperating) | — | 30 Mar 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 22 Jul 2026 | Rating action | [ICRA]D ISSUER NOT COOPERATING | — | ICRA | ₹ 84.5 Cr. | |
| 30 Mar 2026 | Reaffirmed | Crisil D(Issuer Not Cooperating) | — | CRISIL | ₹ 30 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 28 Oct 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 12 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 14 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 16 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 12 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 11 Aug 2025 | Financial Results | Board Meeting to inter alia consider and approve the financial results of the Company for the quarter ended Jun 30, 2025 |
| 24 May 2025 | Financial Results | To consider and approve the financial results for the period ended March 31, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2 | 1 | 3 | 2 | 4 | 2 | 4 | 2 | 2 | 2 | 1 | 2 |
| Expenses | 4 | 4 | 47 | 5 | 6 | 3 | 4 | 3 | 4 | 3 | 4 | 3 |
| Operating Profit | −3 | −2 | −43 | −2 | −2 | −1 | −0 | −1 | −2 | −1 | −2 | −1 |
| OPM % | −165.6% | −187.7% | −1,310.9% | −92.9% | −52.4% | −52.3% | −3.8% | −65.2% | −100.5% | −69.7% | −166.9% | −96.1% |
| Other Income | 1 | 0 | 50 | 2 | 11 | 2 | 1 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | −0 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | −3 | −3 | 7 | −0 | 9 | 0 | 1 | −2 | −2 | −2 | −3 | −2 |
| Tax % | 0% | 0% | 1.5% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | −3 | −3 | 7 | −0 | 9 | 0 | 1 | −2 | −2 | −2 | −3 | −2 |
| EPS in Rs | −4.17 | −4.58 | 10.19 | −0.71 | 13.41 | 0.42 | 1.51 | −2.43 | −3.67 | −2.31 | −3.94 | −2.95 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- −36%
- 5 Years
- −17%
- 3 Years
- 59%
- TTM
- −44%
- 10 Years
- —
- 5 Years
- 12%
- 3 Years
- 16%
- TTM
- −200%
- 10 Years
- −1%
- 5 Years
- 27%
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- −5%
- TTM
- —
Peers
Listed companies in the same business.
| Atlas Cycles (Haryana) | ₹ 90.83 | ₹ 56 Cr. | 78.1x | 0.2x | −2% | — |
| Bajaj Auto | ₹ 10,080.00 | ₹ 2,77,002 Cr. | 27.1x | 7.5x | 29% | 16.8% |
| TVS Motor Company | ₹ 3,977.00 | ₹ 1,88,942 Cr. | 56.6x | 18x | 33.4% | 5.7% |
| Hero Motocorp | ₹ 5,035.35 | ₹ 1,00,778 Cr. | 16.8x | 4.6x | 28.1% | 12.2% |
| Tube Investments of India | ₹ 2,076.00 | ₹ 40,186 Cr. | 82.5x | 7.2x | 9.6% | 4.9% |
| Ather Energy | ₹ 1,383.85 | ₹ 54,900 Cr. | — | 19.1x | −33.7% | −14.1% |
Management
- Chander Mohan Dhall
- Chief Executive Officer
- Satya Prakash Dangwal
- Chief Financial Officer
- Rashpal Singh
- Compliance Officer and Company Secretary
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