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    Atlas Cycles (Haryana) Limited

    Legacy Sonepat-based bicycle manufacturer making bicycles and bicycle components under the Atlas brand, with its Sonepat plant shut and its Sahibabad plant running below optimum capacity.

    Consumer Durables
    Consumer Discretionary

    Overview

    Price

    Market Cap

    ₹64 Cr

    Sector

    Consumer Durables

    Consumer Discretionary

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY17FY18FY19FY20FY21FY22FY23FY24
    LiabilitiesEquity Capital33333333
    Reserves9694485116-13-36375
    Borrowings92536199999
    Other Liabilities16823517712512413613995
    Total Liabilities359385290189153136115482
    AssetsFixed Assets87888144383321427
    CWIP01202000
    Investments1512000000
    Other Assets2572842061441121039455
    Total Assets359385290189153136115482

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY17FY18FY19FY20FY21FY22FY23FY24
    ActivitiesCash from Operating-1234-10-11-3-4-5-51
    Cash from Investing7-087204551
    Cash from Financing16-442-61-0-0-0-0
    SummaryCapital Expenditure
    Free Cash Flow-1029-1461-3-0-1-0
    FCF Margin

    Valuation

    Too capital-hungry for an earnings DCF

    For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.

    ATLASCYCLE · CAPITAL_INTENSIVE

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