ATAM

Atam Valves financials

Market cap
₹62 Cr
Sector
Capital Goods

What Atam Valves Limited does

Atam Valves designs, casts and machines valves, cocks and boiler mountings under the ATAM and FEBI brands, rated to operate from -192°C to 550°C and up to 10,000 psi. It runs its own foundries, machining, testing, assembly and painting lines in-house, selling through a dealer/distributor network across domestic and export markets. The company recently secured API Spec Q1 certification, opening access to oil & gas majors and EPC contractors for higher-value certified valves.

Segments

  • Industrial & plumbing valves
  • Steel fittings & flow accessories
Manufacturing facility
5,00,000+ sq. ft. state-of-the-art plant, Jalandhar
Foundry shops
3 (non-ferrous metals, stainless steel, alloy steel)
Product portfolio (SKUs)
500+
Monthly production capacity
96,000+ precision-engineered pieces (FY25)
Dealer network
700+
Client base
300+
Founded 1982Headquarters Jalandhar, Punjab, IndiaEmployees 500 (FY26) Company website

Quarterly results

Q1 FY27: revenue down 0.6%, net profit down 48.4% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue17 17 15 12 11 −33%10 −40%13 −11%12 −1%
EBITDA3 3 3 2 2 −39%-0 −114%2 −52%1 −48%
Net profit2 2 2 1 1 −46%-1 −137%1 −60%1 −48%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −40.9% 1Y

₹60₹80₹100Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹93.67 on 10 Sept 2025 → ₹55.38. High ₹109.53 (3 Nov 2025), low ₹49.07 (30 Mar 2026).

Financials, as filed

Revenue fell 5.2% a year over 2 years, FY24 to FY26. Operating margin narrowed to 10.4%.

Year endingFY24FY25FY26
Revenue₹53 Cr₹60 Cr₹47 Cr
Operating profit₹10 Cr₹10 Cr₹5 Cr
Operating margin18.6%16.5%10.4%
Interest₹1 Cr₹1 Cr₹1 Cr
Depreciation₹1 Cr₹1 Cr₹1 Cr
Net profit₹6 Cr₹6 Cr₹2 Cr
Net margin11.1%10.4%5.1%
Cash from operations₹6 Cr₹-7 Cr₹0 Cr
Free cash flow₹5 Cr₹-7 Cr₹0 Cr
ROCE24.1%20.3%8.5%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹4 Cr₹4 Cr₹11 Cr₹11 Cr₹11 Cr₹11 Cr
Reserves₹6 Cr₹7 Cr₹14 Cr₹20 Cr₹26 Cr₹27 Cr
Borrowings₹5 Cr₹6 Cr₹7 Cr₹13 Cr₹13 Cr₹15 Cr
Other liabilities₹4 Cr₹3 Cr₹6 Cr₹6 Cr₹7 Cr₹5 Cr
Total liabilities₹18 Cr₹20 Cr₹38 Cr₹50 Cr₹57 Cr₹58 Cr
Fixed assets₹3 Cr₹3 Cr₹3 Cr₹3 Cr₹3 Cr₹2 Cr
Capital work in progress₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Investments₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Other assets₹15 Cr₹17 Cr₹35 Cr₹47 Cr₹54 Cr₹56 Cr
Total assets₹18 Cr₹20 Cr₹38 Cr₹50 Cr₹57 Cr₹58 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, DIIs added +1.07 pp while the public trimmed −1.04 pp. The shareholder count shrank 12% to 12,065.

Promoters
52.3%
FIIs
0.2%
DIIs
1.1%
Public
46.5%

Since Jun 2025

  • DIIs +1.07 pp
  • Public −1.04 pp
  • FIIs −0.04 pp

How it drifted, 12 quarters

Over this window promoters fell from 68.3% to 52.3% — −16.0 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 68.3%, Public 31.8%.Dec '23: Promoters 68.3%, Public 31.7%.Mar '24: Promoters 70.8%, Public 29.2%.Jun '24: Promoters 61.2%, FIIs 0.1%, DIIs 0.4%, Public 38.4%.Sep '24: Promoters 52.3%, FIIs 0.3%, Public 47.4%.Dec '24: Promoters 52.3%, FIIs 0.2%, Public 47.5%.Mar '25: Promoters 52.3%, FIIs 0.4%, Public 47.4%.Jun '25: Promoters 52.3%, FIIs 0.2%, Public 47.5%.Sep '25: Promoters 52.5%, FIIs 0.2%, DIIs 0.1%, Public 47.2%.Dec '25: Promoters 52.4%, FIIs 0.2%, DIIs 1.0%, Public 46.4%.Mar '26: Promoters 52.3%, FIIs 0.2%, DIIs 1.0%, Public 46.5%.Jun '26: Promoters 52.3%, FIIs 0.2%, DIIs 1.1%, Public 46.5%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of Atam Valves Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Amit Jain 35.59%unchanged
Vimal Parkash Jain 10.36%unchanged
Pamila Jain 6.14%unchanged
Ritesh Jain 1.49%unchanged
Dinesh Jain 1.44%unchanged
Trilithon Asset Management-Trilithon Hidden Gems Scheme Mutual fund1.07%+0.06 pp
Vimal Parkash Jain Huf 0.10%unchanged
Amit Jain Huf 0.10%unchanged
Santosh Jain 0.00%unchanged
Saroj Jain 0.00%unchanged
Nidhi Jain 0.00%unchanged
Anu Jain 0.00%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

What the price assumes

Growth trap

To justify its price of ₹55, this stock must grow earnings at 24% every year for 7 years. Our analysis caps realistic growth at ~-37%. At that growth it is worth ₹2 — downside of 96%.

Growth the price implies
23.8% a year
for 7 years, fading to 4%
It has actually compounded at
-35.6% a year
net profit, FY24–FY26 · EPS -36.6%
The gap
0.6 pp
-96% downside if it only repeats history
Price today ₹55.38 Value at the reference growth ₹2.28

Change the assumptions yourself →

Learn to analyse Atam Valves Limited

Guides on how to read this kind of business and the numbers that matter.