Annual reportAug 2026
Aug 2026 · Letter To Shareholder Pursuant To Reg. 36(1)(B) 17 Jul - Atlas Cycles dispatches FY26 annual report and notice for 75th AGM on 12 August 2026.
Source: Bse
Atlas Cycles (Haryana) Limited (ATLASCYCLE)
Small CapConsumer stocks · Small cap · NSE
Atlas Cycles (Haryana) Limited operates in Bicycles, within the Consumer sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
₹88.27
-1.73 · -1.92%
Market cap ₹59.5 Cr
Data qualityFresh enough for analysisQuote updated 21 Oct, 12:15 pm ISTDetails
Quote21 Oct, 12:15 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result16 Aug, 12:58 am IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags03 May 2026
Coverage12/14 · 86%
Valuation2026-07-20 · Rf 6.8% · Consumer P/E 22.2 (n=441)
Technical timing lens
Trend score and candlestick chart
26Bearishfull bear SMA stack · SMA20 -3.7% / mo · MACD − · sector -4.3pp vs Nifty 500 (3M)
Stock trend: 21
Sector RS: 32
Sector 3M: -10.2% vs Nifty 500 -5.9%
Consumer FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
ATLASCYCLED candles · FIT view-13.4%TODAY · PROVISIONALLatest price ₹88.27 on 2026-10-21
Today's candle is provisional from the latest intraday quote; completed-candle scans remain unchanged.
Bar
-2.8%
RSI
40
MACD hist
-0.23
52W pos
26%
2026-10-21O ₹90.80H ₹90.85L ₹88.00C ₹88.27Vol 1,545 shIntraday candle
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
ATLASCYCLENifty Consumer DurablesNifty 500
- ATLASCYCLE
- -10.3%
- Nifty 500
- -5.6%
- Nifty Consumer Durables
- -9.7%
- Vs Nifty 500
- -4.8 pp
Chart stats
19 Oct 2026- From 52W high
- -27.2%
- 52W range position
- 29%
- ATR (14)
- 4.4%
- Volume vs 20D
- 0.12x
- Avg traded value
- ₹0.2 Cr
- 20D price channel
- ₹87.5 - ₹108
₹123.7
₹76.2 - ₹123.7
₹4
Latest completed session
20-session average
43.6% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · OVERVALUED10
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad0
Revenue -22.2% · PAT NDF YoY
Technical
Bearish26
Price trend and sector-relative-strength timing.
Valuation
Legacy model-1603.7%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence54
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 0/100Rev -22% YoY · margin compression · +6% QoQ
Filed 30 Jun 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹1.5 Cr | -22.2% | +6.2% |
| EBITDA | ₹-1.5 Cr | -14.7% | +38.8% |
| Operating margin | -96.1% | -3095 bps | +7080 bps |
| PAT | ₹-1.9 Cr | NDF | NDF |
| PAT margin | -124.7% | -4488 bps | +5187 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- —
- P/B
- 0.16
- EV/EBITDA
- —
- Market Cap
- 59.50Cr
Profitability
- ROE
- -28.00%
- ROCE
- -26.60%
- ROA
- 0.14%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- -59.00%
- EPS 5Y
- -5.00%
- Revenue 3Y
- -28.00%
- EPS 3Y
- -15.00%
Balance Sheet
- Debt/Equity
- 0.02
- Interest Coverage
- -1163.50×
- Altman Z
- 1.41
- Book Value
- 581.00
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 6/5
- OCF
- -51.09 Cr
- EPS TTM
- 1.01
Shareholding
- Promoter Hold
- 41.92%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 31%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 6.9-59.7% vs prev
Net Profit
₹ CrLatest: -8.0-184.5% vs prev
Return on Equity
%Latest: -2.1-186.5% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 40.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- Recent death cross (SMA50 crossed below SMA200).
- SMA20 falling (~3.3% over last month) — short-term momentum negative.
- RSI(14) at 40 — falling, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 29% off 52W high · 16% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
37
RS percentile
Stage 1 Base / Transition
1M return
+2.1%
3M return
-10.3%
6M return
-14.1%
1Y return
-20.4%
RS 1D
-1
RS 20D
+7
Sector rank
#9
Industry rank
#59
Stage evidence
- Price is within 7.0% of the 30-week proxy.
- The 30-week proxy changed +0.9% over 20 sessions.
- The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price below
200-DMA
price below
Sector
neutral
Industry
improving
Relative-strength line vs Nifty 500 (base 100)
261 observations
19 Oct 2026Value 78.58-0.14%
RS vs Nifty 50079
Valuation & peers
U-Score 10 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 10 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Distress Watch
Fundamental score breakdown
U band · OVERVALUEDValuation7/30
Growth3/25
Quality0/20
Balance Sheet5/15
Cash Flow3/10
Piotroski
1/9 (+0)
Penalties
-8
Raw sum
10
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
10/100 · legacy band OVERVALUED
Positive drivers
- Balance sheet contributes 5/15 to the score.
- Cash flow contributes 3/10 to the score.
- Valuation contributes 7/30 to the score.
Main drags
- Altman Z is 1.4, in distress territory.
- Penalty bucket subtracts 8 points.
- Fair-value margin of safety is negative at -1603.7%.
Sector valuation model
Consumer valuation: PE/PEG and brand-quality premium
Consumer franchises can deserve higher multiples, but only when growth quality supports them.
Primary lens
PE and PEG relative to growth, ROE, margins, and brand strength.
Secondary checks
Volume growth, pricing power, distribution, same-store or category growth.
Main risk check
Premium valuation needs durable growth and margin resilience.
PE
—
PB
0.2
EV/EBITDA
—
ROE
-28.0%
ROCE
-26.6%
FCF Yield
—
Debt/Equity
0.0
MoS
-1603.7%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
10
Previous: 10
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-1603.7%
Previous: -1637.0%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
9
9
9
9
9
9
9
10
10
10
10
10
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹114.91
+23.2% MoS
Growth-justified P/E
5.1
Growth-justified Value
₹5.18
-1603.7% MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Consumer — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
KHAITANLTD
Small
Khaitan (India) Limited
Consumer Durables
match 57
57
9.9
18.0%
+69%
FAIR VALUE
MILTON
SME
MILTON INDUSTRIES LTD.
Consumer Durables
match 55
14
34.0
3.7%
-650%
OVERVALUED
BPL
Small
BPL Limited
Consumer Durables
match 44
9
—
-0.5%
—
OVERVALUED
EPACK
Small
EPACK Durable Limited
Consumer Durables
match 44
12
—
0.3%
—
OVERVALUED
PILITA
Small
PIL ITALICA LIFESTYLE LIMITED
Consumer Durables
match 44
14
55.8
5.1%
-505%
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Atlas Cycles (Haryana) Limited operates in Bicycles, within the Consumer sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
54Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 13th percentile of the scored universe and 16th percentile within Consumer. Main check: results consistency is weak at 5/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
2 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
13th percentile
overall median 67 · Consumer: 16th pctile, median 66 · Small: 15th pctile, median 66
Evidence depth
Financial-only
2 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Needs extra due diligence; demand valuation comfort and recent improvement.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
78
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
62
acceptable · leverage and solvency
Discipline
30
weak · capital discipline
Results
5
weak · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 3.2%.
- ▸7 years of positive FCF.
- ▸Debt/equity is 0.02.
Trust risks
- ▸Altman Z is 1.70.
- ▸4 latest quarters had PAT decline worse than 25% YoY.
- ▸ROCE is low at -2%.
- ▸ROE is low at -2.1%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Atlas Cycles (Haryana) Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Annual reportAug 2026
Aug 2026 · Reg. 34 (1) Annual Report. 17 Jul - 75th AGM on 12 August 2026; annual report and e-voting dates announced.
Source: Bse
AnnouncementMay 2026
May 2026 · Announcement under Regulation 30 (LODR)-Cessation 28 May - Dr. Praveen Kumar ceased as Independent Director on 28 May 2026 after completing tenure.
Source: Bse
AnnouncementMay 2026
May 2026 · Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 23 May
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 15 May - Newspaper publication pertaining to Audited Financial Results of the Company
Source: Bse
Announcement
Board Meeting Outcome for Outcome Of The Board Meeting 14 May - FY26 audited results show Rs 803.62 lakh loss and qualified audit opinion citing unpaid dues, loan default, and fees.
Source: Bse
Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Bse
AnnouncementMar 2026
Mar 2026 · General Announcement - Newspaper Publication 30 Apr - Newspaper publication of special window for transfer and dematerialisation of physical securities executed prior to 1st April, 2019
Source: Bse
Annual reportMar 2025
Mar 2025 · Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.