Atlantaa Q3 FY18 Share Price & Earnings Call Analysis
- Market cap
- ₹310 Cr
- ROE
- -0.89%
- Price to sales
- 3.98
- Debt to equity
- 1.49
- 52W high / low
- ₹49.9 / ₹28.5
- Sales growth (5Y)
- -3.50%
- EBITDA margin
- 41.30%
- Net profit margin
- -2.54%
- Promoter holding
- 74.67%
- Sales (last year)
- ₹78 Cr
Incorporated in 1977, Atlanta Ltd is engaged in the Construction business[1]
Guidance scorecard · Q3 FY18 call
What Atlantaa Ltd's management guided
and where it ranks in Construction
RevenueQ3 FY18 call
40%+- Atlanta Limited is targeting a 50% year-on-year growth for the next 5 years.
- The company is working to expand its order book to about Rs. 2000 Crores by the next fiscal year.
- Focus remains on bidding for EPC and hybrid annuity projects, aiming to add Rs. 5 to Rs. 10 billion value in EPC work every fiscal.
2 more points from Atlantaa Ltd's call on revenue
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MarginsQ3 FY18 call
See what Atlantaa Ltd said on margins — free account, 30 seconds.
CapexQ3 FY18 call
Planned- Atlanta Limited is actively pursuing EPC and hybrid annuity based project bids, focusing on adding Rs. 5 to Rs. 10 billion worth of EPC work annually.
- The company holds three ongoing real estate projects with a total cost of Rs. 5.9 billion, including Atlanta Enclave (Thane), Olympic Lifestyle (Jodhpur), and Atlanta Heights (Mumbai).
- For future strategy, Atlanta follows a practice of purchasing land for setting up plants and camps during projects, later converting the land into real estate opportunities as economic activities grow.
- The company has its own land bank in Thane and other locations acquired years ago when prices were low, and is exploring similar opportunities in Nagpur.
FundraisingQ3 FY18 call
See what Atlantaa Ltd said on fundraising — free account, 30 seconds.
Order bookQ3 FY18 call
Rising- As of December 31, 2017, Atlanta Limited's EPC order book stood at Rs. 3.446 billion (Rs. 3446 million).
- The company is actively working to expand this order book.
- The target is to grow the order book to about Rs. 20 billion (Rs. 2000 Crores) by the next fiscal year.
- Currently, the entire EPC order book pertains to roads and highways; the company is not active in mining at this time.
2 more points from Atlantaa Ltd's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Construction
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Construction companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Flat | ₹6,531 Cr | 11.7 | |
| 2 | 40%+ | Flat | ₹1,089 Cr | 9.3 | |
| 3 | 40%+ | Flat | ₹898 Cr | 7.6 | |
| 4 | 40%+ | Flat | ₹807 Cr | 14.7 | |
| 5 | 40%+ | Flat | ₹554 Cr | 13.1 | |
| 6 | 40%+ | Flat | ₹516 Cr | 30.7 |
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Pro shows every company guiding 40%+ revenue growth →Full Construction rankingFinancials of Atlantaa Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Atlantaa Ltd
Quarterly Results
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 4 | 14 | 13 | 15 | 91 | 15 | 13 | 14 | 25 | 15 | 12 | 17 | 31 |
| Expenses + | 8 | 5 | 6 | 4 | 64 | 8 | 7 | 9 | 11 | 7 | 28 | 11 | -8 |
| Operating Profit | -4 | 8 | 7 | 10 | 27 | 7 | 6 | 5 | 14 | 8 | -16 | 6 | 38 |
| OPM % | -105% | 61% | 57% | 72% | 30% | 47% | 47% | 36% | 56% | 55% | -135% | 37% | 126% |
| Other Income + | 2 | 2 | 314 | 2 | 161 | 22 | 2 | 4 | 3 | 5 | 4 | 7 | 4 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | -0 | 2 | 1 | 3 | 2 | 3 | 3 |
| Depreciation | 10 | 9 | 9 | 9 | 9 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 12 |
| Profit before tax | -13 | 1 | 311 | 2 | 178 | 18 | -2 | -4 | 5 | -2 | -26 | -1 | 28 |
| Tax % | 180% | 0% | 0% | 0% | 14% | 26% | -11% | -712% | -75% | 12% | -20% | -25% | 23% |
| Net Profit + | -36 | 1 | 311 | 2 | 153 | 13 | -2 | 22 | 9 | -2 | -21 | -1 | 22 |
| EPS in Rs | -4.42 | 0.16 | 38.07 | 0.29 | 18.76 | 1.63 | -0.21 | 2.66 | 1.14 | -0.21 | -2.55 | -0.10 | 2.65 |
Financials of Atlantaa Ltd
Profit & Loss
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 540.58 | 159.28 | 262.91 | 189.65 | 48.21 | 96.22 | 88.33 | 234.50 | 51.65 | 132.77 | 68.10 | 73.90 |
| Expenses + | 425.03 | 146.66 | 124.20 | 133.65 | 67.89 | 56.78 | 47.51 | 522.04 | 31.98 | 79.53 | 35.37 | 37.71 |
| Operating Profit | 115.55 | 12.62 | 138.71 | 56.00 | -19.68 | 39.44 | 40.82 | -287.54 | 19.67 | 53.24 | 32.73 | 36.19 |
| OPM % | 21.38% | 7.92% | 52.76% | 29.53% | -40.82% | 40.99% | 46.21% | -122.62% | 38.08% | 40.10% | 48.06% | 48.97% |
| Other Income + | 1.64 | 0.52 | 6.38 | -25.39 | 38.63 | -729.54 | 0.58 | -14.31 | 8.13 | 479.80 | 31.44 | 19.65 |
| Interest | 49.79 | 54.49 | 41.99 | 72.31 | 75.29 | 66.97 | 65.37 | 63.68 | 6.12 | 4.44 | 3.83 | 10.88 |
| Depreciation | 11.41 | 5.54 | 51.47 | 33.47 | 36.20 | 37.35 | 40.75 | 25.14 | 30.89 | 35.79 | 42.55 | 45.54 |
| Profit before tax | 55.99 | -46.89 | 51.63 | -75.17 | -92.54 | -794.42 | -64.72 | -390.67 | -9.21 | 492.81 | 17.79 | -0.58 |
| Tax % | 12.72% | -15.59% | 42.13% | -16.55% | -0.56% | 0.49% | 8.37% | 3.02% | 251.79% | 5.06% | -139.24% | 196.55% |
| Net Profit + | 48.39 | -39.58 | 29.88 | -62.73 | -92.02 | -798.34 | -70.14 | -402.47 | -32.40 | 467.86 | 42.57 | -1.71 |
| EPS in Rs | 5.93 | -4.85 | 3.67 | -7.70 | -11.29 | -97.96 | -8.61 | -49.38 | -3.98 | 57.41 | 5.22 | -0.21 |
| Dividend Payout % | 5.06% | 0.00% | 8.18% | -3.90% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials of Atlantaa Ltd
Balance Sheet
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 16.30 | 16.30 | 16.30 | 16.30 | 16.30 | 16.30 | 16.30 | 16.30 | 16.30 | 16.30 | 16.30 | 16.30 |
| Reserves | 706.91 | 670.32 | 448.79 | 375.68 | 296.51 | -499.78 | -584.55 | -347.63 | -400.89 | 141.49 | 194.06 | 196.28 |
| Borrowings + | 891.91 | 956.60 | 1,018.58 | 1,061.31 | 1,128.14 | 1,014.71 | 1,104.18 | 823.05 | 819.55 | 247.54 | 314.24 | 317.62 |
| Other Liabilities + | 355.81 | 144.53 | 263.25 | 201.96 | 187.44 | 210.80 | 190.92 | 77.34 | 83.30 | 65.04 | 47.63 | 35.70 |
| Total Liabilities | 1,970.93 | 1,787.75 | 1,746.92 | 1,655.25 | 1,628.39 | 742.03 | 726.85 | 569.06 | 518.26 | 470.37 | 572.23 | 565.90 |
| Fixed Assets + | 320.69 | 314.61 | 662.97 | 636.49 | 606.89 | 563.87 | 521.56 | 192.61 | 164.00 | 128.78 | 88.47 | 40.29 |
| CWIP | 635.91 | 776.22 | 622.31 | 669.41 | 709.06 | 0.69 | 0.69 | 0.69 | 0.69 | 0.00 | 0.00 | 0.00 |
| Investments | 14.83 | 15.44 | 0.51 | 0.46 | 0.36 | 0.33 | 0.33 | 0.28 | 0.23 | 0.38 | 0.39 | 2.91 |
| Other Assets + | 999.50 | 681.48 | 461.13 | 348.89 | 312.08 | 177.14 | 204.27 | 375.48 | 353.34 | 341.21 | 483.37 | 522.70 |
| Total Assets | 1,970.93 | 1,787.75 | 1,746.92 | 1,655.25 | 1,628.39 | 742.03 | 726.85 | 569.06 | 518.26 | 470.37 | 572.23 | 565.90 |
Financials of Atlantaa Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 218.61 | 493.28 | 101.34 | -18.62 | 80.12 | 151.33 | 106.91 | 109.16 | 45.75 | -34.68 | 54.69 | -33.25 |
| Cash from Investing Activity + | -225.41 | -141.10 | -102.77 | -15.79 | 2.78 | 9.28 | -0.36 | 243.31 | 0.70 | -4.80 | -102.25 | 29.95 |
| Cash from Financing Activity + | -6.59 | -357.30 | -2.52 | 34.94 | -80.65 | -163.91 | -103.65 | -344.60 | -0.99 | -8.66 | 63.70 | -9.68 |
| Net Cash Flow | -13.40 | -5.11 | -3.95 | 0.52 | 2.25 | -3.30 | 2.91 | 7.88 | 45.45 | -48.13 | 16.14 | -12.98 |
| Free Cash Flow | 213.05 | 491.95 | 0.39 | -25.93 | 100.60 | 151.37 | 106.54 | 352.15 | 43.47 | -35.16 | 52.36 | -38.91 |
| CFO/OP | 196% | 3,918% | 81% | 7% | -448% | 386% | 263% | -38% | 301% | -61% | 172% | -88% |
Financials of Atlantaa Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 145.84 | 206.03 | 160.24 | 311.53 | 715.09 | 76.74 | 258.18 | 172.57 | 359.21 | 348.75 | 340.45 | 408.96 |
| Inventory Days | 528.21 | 1,441.52 | 674.14 | 974.12 | 1,645.76 | 878.36 | 2,585.30 | |||||
| Days Payable | 338.81 | 919.81 | 665.55 | 192.54 | 326.64 | 206.01 | 106.65 | |||||
| Cash Conversion Cycle | 335.23 | 727.75 | 168.83 | 1,093.11 | 2,034.20 | 749.09 | 258.18 | 172.57 | 359.21 | 348.75 | 340.45 | 2,887.61 |
| Working Capital Days | 73.66 | -611.39 | -73.64 | -129.33 | -1,462.95 | -2,954.48 | -3,445.99 | -977.80 | -4,777.86 | -161.26 | -414.79 | -32.20 |
| ROCE % | 7.10% | 0.54% | 6.00% | 1.97% | -1.02% | 0.87% | 0.50% | -40.12% | -0.67% | 7.94% | 4.62% | 1.95% |
Guidance history
How Atlantaa Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q3 FY18 call → | 40%+ | — | Planned | — | Rising |
| Q2 FY18 call → | 10–20% | Flat | Planned | None planned | — |
| Q1 FY18 call → | 20–40% | Down 0–2% | Planned | Planned | Flat |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Continue your research
What Atlantaa Ltd's management said in earlier quarters
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