ATMASTCO
Atmastco financials
- Market cap
- ₹341 Cr
- Sector
- Construction
What Atmastco Ltd does
Atmastco Limited is a multidisciplinary engineering company specializing in precision manufacturing and heavy fabrication for the power & energy, steel, cement, railways, infrastructure and aluminium sectors. It undertakes EPC (Engineering, Procurement and Construction) work, delivering furnaces, plants and heavy steel structures for clients such as Vedanta, Tata Steel, Jindal Stainless and Adani. Through its wholly owned subsidiary Atmastco Defence Systems Private Limited (ADSPL), it also manufactures bullet-proof jackets and helmets under a DRDO licence.
Segments
- Heavy Steel Fabrication
- EPC Projects
- Defence
- Manufacturing facility area
- 25,000 sq. meters across nine covered sheds (Bhilai)
- Heavy fabrication crane capacity
- 160+ tonnes
- 2nd factory fabrication capacity
- 3,500 MT of heavy fabrication
- Defence unit (ADSPL) capacity
- 70,000 units/annum bullet-proof jackets & helmets (Phase I)
- Defence unit site area
- 2.50 acres, Bhilai, Chhattisgarh
- Steel supplied — Jammu-Katra Rail Bridge
- ~8,000 metric tonnes (of the project's 28,000 MT total)
Quarterly results
Q1 FY27: revenue down 69.3%, net profit down 89.9% against the same quarter last year.
| Line item | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 76 | 148 | 139 | 139 | 52 −31% | 121 −18% | 127 −9% | 43 −69% |
| EBITDA | 16 | 23 | 25 | 26 | 4 −75% | 22 −4% | 19 −25% | 7 −72% |
| Net profit | 6 | 10 | 14 | 14 | 1 −85% | 11 +10% | 7 −53% | 1 −90% |
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 −41.7% 1Y
1Y: ₹223.5 on 10 Sept 2025 → ₹130.2. High ₹223.5 (10 Sept 2025), low ₹99.8 (30 Mar 2026).
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹15 Cr | ₹15 Cr | ₹15 Cr | ₹25 Cr | ₹25 Cr | ₹25 Cr |
| Reserves | ₹24 Cr | ₹28 Cr | ₹40 Cr | ₹83 Cr | ₹115 Cr | ₹122 Cr |
| Borrowings | ₹54 Cr | ₹52 Cr | ₹71 Cr | ₹71 Cr | ₹87 Cr | ₹104 Cr |
| Other liabilities | ₹27 Cr | ₹39 Cr | ₹110 Cr | ₹112 Cr | ₹205 Cr | ₹172 Cr |
| Total liabilities | ₹120 Cr | ₹133 Cr | ₹236 Cr | ₹291 Cr | ₹432 Cr | ₹422 Cr |
| Fixed assets | ₹30 Cr | ₹28 Cr | ₹30 Cr | ₹27 Cr | ₹22 Cr | ₹34 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 | ₹2 Cr | ₹0 Cr |
| Other assets | ₹90 Cr | ₹105 Cr | ₹207 Cr | ₹264 Cr | ₹408 Cr | ₹388 Cr |
| Total assets | ₹120 Cr | ₹133 Cr | ₹236 Cr | ₹291 Cr | ₹432 Cr | ₹422 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 Mar 2025, DIIs trimmed −0.41 pp while FIIs added +0.24 pp. The shareholder count shrank 7% to 3,796.
- Promoters
- 66.1%
- FIIs
- 0.2%
- DIIs
- 0.0%
- Public
- 33.6%
Since Mar 2025
- DIIs −0.41 pp
- FIIs +0.24 pp
- Public +0.19 pp
How it drifted, 6 quarters
Over this window promoters fell from 68.4% to 66.1% — −2.3 pp.
Ownership split by quarter, oldest first. Mar '24: Promoters 68.4%, FIIs 0.0%, Public 31.5%.Sep '24: Promoters 68.4%, FIIs 0.0%, DIIs 0.0%, Public 31.6%.Mar '25: Promoters 66.2%, DIIs 0.4%, Public 33.4%.Sep '25: Promoters 66.2%, DIIs 0.1%, Public 33.8%.Mar '26: Promoters 66.1%, DIIs 0.0%, Public 33.9%.Jun '26: Promoters 66.1%, FIIs 0.2%, DIIs 0.0%, Public 33.6%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Atmastco Ltd above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Subramaniam Swaminathan Iyer | 29.53% | unchanged |
| Apex Steel And Technology India Private Limited | 18.05% | unchanged |
| G Venkataraman | 14.48% | unchanged |
| Jayasudha Iyer | 1.55% | unchanged |
| Ajay Kumar Aggarwal - 2 | 1.51% | −0.13 pp |
| Vishwam Constructions Private Limited | 1.49% | unchanged |
| Banumathi Ganesan . | 0.55% | unchanged |
| Sowrirajan S | 0.50% | unchanged |
| R. Lakshmi | 0.00% | unchanged |
| Rajagopalan N | 0.00% | unchanged |
| Chandramoulee Ganeshan | 0.00% | unchanged |
| Anuradha Venkataramani | 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.
Learn to analyse Atmastco Ltd
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