Atam Valves (ATAM) had a P/E of 34.0× on 6 Nov 2026, above the industry P/E of 33.8×, and the shares are 45% below their 52-week high. Sales and net profit fell 1.2% and 32% a year over 3 years; its ROCE of 11% is the second-lowest among the 7 largest Specialty Industrial Machinery peers. Debt is 0.39× equity, and its dividend yield is 0.7%. It is a small-cap company with a market cap of ₹62 Cr, ranked 121st of 138 Specialty Industrial Machinery companies by market cap; the shares fell 47% over the past year.
- ₹54.07
- ₹54.50
- ₹52.20
- ₹54.07
- 5.8K
Health check
- ReturnsBehind
−47.4% over a year, better than 0 of 7 peers.
- Price tagIn line
P/E 34.0 vs industry 33.8.
- GrowthShrinking
Sales −1.2%, profit −32.0% a year over 3 years.
- ProfitabilityWeak
ROCE 11.0% vs peer median 24.8%.
- Balance sheetFair
Debt 0.39× equity, interest covered 4.2×, Piotroski 4 of 9.
- Red flags4 to check
Return on equity is low at 6.5%.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹62 Cr
- Small cap
- P/E
- 34.0
- Industry 33.8
- Price to book
- 1.61
- Peers 9.16
- Dividend yield
- 0.65%
- ROE
- 6.5%
- Peers 19.1%
- ROCE
- 11.0%
- Peers 24.8%
- Debt to equity
- 0.39
- Debt ₹15 Cr
- EPS (TTM)
- ₹1.58
- Face value ₹10
- OPM (TTM)
- 8.3%
- Net margin 3.8%
- Sales growth
- −0.7%
- Latest quarter vs a year ago
- Profit growth
- −48.7%
- Latest quarter vs a year ago
- Price to sales
- 1.31
- EV/EBITDA 19.1
Strengths and risks
Risks to check
- Return on equity is low at 6.5%.
- Quarterly profit down 48.7% on a year ago.
- Quarterly sales down 0.7% on a year ago.
- 45% below its 52-week high.
About Atam Valves
Atam Valves Limited manufactures and sells valves, fittings, steam traps, and strainers in India, Nepal, Italy, Canada, the United Kingdom, Malaysia, South Africa, Dubai, and internationally. The company offers cocks and boiler mountings; moisture separators; sight indicators; steam traps; strainers; water level gauges; fusible plugs; air, ball, butterfly, check, foot, gate, globe, needle, non-return, parallel slide blow off, plug, pressure reducing,…
- Headquarters
- Jalandhar
- Employees
- 191
- Sector
- Industrials
- ISIN
- INE09KD01013
- Website
- atamvalves.in
Price range
- Avg volume (3M)
- 17.3K
- 1-year return
- minus 47.4%
- From 52-week high
- minus 45.3%
Peers · Specialty Industrial Machinery
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| BHELBharat Heavy Electricals | 418.80 | plus 0.17% | 1,45,829 | 50.6 | 74.6 | 6.6% | 10.1% | 0.22 | 13.5% | plus 56.4% |
| ABBABB India | 6,774.00 | plus 2.20% | 1,43,547 | 92.3 | 68.2 | 28.5% | 13.8% | 0.02 | 15.4% | plus 26.4% |
| SIEMENSSiemens | 3,560.00 | plus 3.73% | 1,26,779 | 86.1 | 59.3 | 16.5% | 10.4% | 0.02 | 3.0% | plus 10.0% |
| CUMMINSINDCummins India | 4,048.80 | minus 0.25% | 1,12,233 | 49.8 | 41.7 | 35.0% | 19.1% | 0.00 | 16.1% | minus 6.0% |
| GVT&DGE Vernova T&D India | 4,018.00 | minus 3.06% | 1,02,879 | 71.3 | 56.6 | 58.5% | 26.5% | 0.01 | 31.1% | plus 31.7% |
| SUZLONSuzlon Energy | 38.80 | plus 0.54% | 53,337 | 23.7 | 17.3 | 24.8% | 16.7% | 0.07 | 41.4% | minus 35.7% |
| AIAENGAIA Engineering | 3,113.60 | minus 2.77% | 29,056 | 23.5 | 19.6 | 19.9% | 27.4% | 0.00 | −3.4% | minus 3.9% |
| ATAMAtam Valves | 53.77 | minus 0.55% | 62 | 34.0 | 15.3 | 11.0% | 8.3% | 0.39 | −1.2% | minus 47.4% |
| Median of 7 peers | – | 0.17% | 1,12,233 | 50.6 | 56.6 | 24.8% | 16.7% | 0.02 | 15.4% | 10.0% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 12.4 | 11.4 | 10.4 | 13.1 | 12.3 | |
| 10.3 | 9.8 | 10.8 | 11.5 | 11.2 | |
| 2.1 | 1.6 | −0.3 | 1.6 | 1.1 | |
| 16.8% | 14.0% | −3.3% | 12.2% | 8.8% | |
| 0 | 0 | 0 | 0 | 0.2 | |
| 0.3 | 0.2 | 0.3 | 0.3 | 0.3 | |
| 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | |
| 1.7 | 1.2 | −0.8 | 1.2 | 0.8 | |
| 25.2% | 25.0% | 22.7% | 27.7% | 25.2% | |
| 1.2 | 0.9 | −0.6 | 0.9 | 0.6 | |
| 1.08 | 0.78 | -0.50 | 0.75 | 0.55 |
Profit & loss
- Sales CAGR 3Y
- −1.2%
- Profit CAGR 3Y
- −32.0%
- EPS CAGR 3Y
- −32.7%
- ROE
- 6.5%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 49 | 52.6 | 60.4 | 47.2 | |
| – | +7.4% | +14.9% | minus 21.8% | |
| 38 | 42.8 | 50.5 | 42.3 | |
| 10.9 | 9.8 | 10 | 4.9 | |
| 22.3% | 18.6% | 16.5% | 10.4% | |
| 0 | −0.1 | −0 | −0 | |
| 0.4 | 1.1 | 0.8 | 1 | |
| 0.7 | 0.6 | 0.6 | 0.6 | |
| 0.2 | – | 0 | – | |
| 10 | 8 | 8.5 | 3.3 | |
| 23.6% | 27.4% | 26.1% | 26.5% | |
| 7.7 | 5.8 | 6.3 | 2.4 | |
| – | minus 23.9% | +8.0% | minus 61.7% | |
| 6.93 | 5.21 | 5.50 | 2.11 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 10.5 | 11.5 | 11.5 | 11.5 | |
| 14.4 | 19.6 | 25 | 26.6 | |
| 7.2 | 12.9 | 12.1 | 14.9 | |
| 6.2 | 5.9 | 5.5 | 5.1 | |
| 38.3 | 49.8 | 54 | 58.1 | |
| 3.2 | 2.8 | 3 | 2.5 | |
| 0.1 | 0 | – | 0.1 | |
| 0.2 | 0.2 | 0.2 | 0.2 | |
| 0.2 | 10.2 | 0.2 | 1.4 | |
| 34.6 | 36.6 | 50.6 | 53.8 | |
| 38.3 | 49.8 | 54 | 58.1 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −7.1 | 5.6 | −6.6 | 0.5 | |
| −0.3 | −0.6 | −0.9 | −0.1 | |
| 7.4 | 5 | −2.5 | 0.8 | |
| 0 | 10 | −10 | 1.2 | |
| −0.9 | −0.6 | −1.2 | −0.4 | |
| −8 | 5 | −7.8 | 0 | |
| −0.9 | −1.6 | −0.9 | −1 |
Shareholding pattern
- Promoters52.29%
- Public47.71%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 52.29% | 47.71% | 0.00 | |
| 30 Jun 2026 | 52.29% | 47.71% | 0.00 | |
| 31 Mar 2026 | 52.29% | 47.71% | minus 0.15 | |
| 31 Dec 2025 | 52.44% | 47.56% | minus 0.12 | |
| 30 Sep 2025 | 52.56% | 47.44% | – |
Major shareholders
Filings & events
News
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