Atam Valves Limited (ATAM)
₹52.89 +0.32% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Atam Valves' revenue was ₹12.3 Cr (-0.7% year on year, -6.2% on the previous quarter), and net profit ₹0.6 Cr (-48.8% year on year); the operating margin was 8.8%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹12.3 | -0.7% | -6.2% |
| Operating profit | ₹1.1 | -48.2% | -32.3% |
| Net profit | ₹0.6 | -48.8% | -26.1% |
| EPS (₹) | 0.55 | -49.1% | -26.7% |
| Operating margin | 8.8% | — | — |
ATAM delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 66.26% of the ATAM shares traded on NSE were taken to delivery, against the stock's own 20-session average of 66.98%. That is close to its usual level. Turnover was only ₹3 lakh, so a handful of trades can move this figure. Volume was 0.3 times its average, well below normal.
Delivery in the last 5 sessions: 60.3% · 85.0% · 67.0% · 85.3% · 66.3%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Atam Valves Limited announced the conclusion of its 41st Annual General Meeting held on September 24, 2026, where all 11 proposed resolutions were approved by shareholders with requisite majority. Approved items include the adoption of FY26 financial statements and declaration of a final dividend of ₹0.35 per equity share. Key special resolutions also passed, including approval of material related-party transactions with AMCO Industries, director remuneration packages, and an increase in borrowing limits under Section 180(1)(c). A total of 67,41,612 valid votes were cast across remote e-voting and ballot voting.
- All 11 resolutions approved with requisite majority at the 41st AGM held on September 24, 2026
- Final dividend of ₹0.35 per equity share of ₹10 each approved for FY26
- Shareholders approved material related-party transactions with AMCO Industries
- Enhanced borrowing powers and creation of charges approved under Sections 180(1)(c) and 180(1)(a)
- 67,41,612 total valid votes polled out of 1,14,63,000 outstanding shares (58.81% turnout)
Atam Valves Limited has issued intimation regarding letters sent to shareholders without registered email addresses, providing web links to access the 41st Annual General Meeting Notice and the FY25-26 Annual Report under Regulation 36(1)(b) of SEBI LODR. The 41st AGM is scheduled to take place in physical mode on September 24, 2026, in Jalandhar. The cut-off date for remote e-voting is set for September 16, 2026, with the e-voting period open from September 21 to September 23, 2026.
- 41st Annual General Meeting scheduled for Thursday, September 24, 2026 at 12:00 PM IST in Jalandhar
- E-voting cut-off date fixed as Wednesday, September 16, 2026
- Remote e-voting window runs from September 21, 2026 (09:00 AM IST) to September 23, 2026 (05:00 PM IST)
- Filing complies with SEBI LODR Regulation 36(1)(b) for shareholders with unregistered email addresses
Atam Valves Limited has scheduled its 41st Annual General Meeting for September 24, 2026, at 12:00 PM. The company fixed September 16, 2026, as the record date for determining shareholder eligibility for dividend payout, subject to AGM approval. The same date serves as the cut-off for AGM voting eligibility. If approved, the dividend will be disbursed within 30 days of the AGM.
- Record date for dividend fixed as September 16, 2026
- Cut-off date for 41st AGM attendance and voting set as September 16, 2026
- 41st Annual General Meeting scheduled for September 24, 2026, at 12:00 PM
- Dividend payment to be credited within 30 days post-AGM approval
Atam Valves Limited has issued a communication to shareholders regarding Tax Deduction at Source (TDS) on the recommended dividend for FY26. The Board had recommended a dividend of ₹0.35 per equity share of face value ₹10 on May 25, 2026, subject to shareholder approval at the AGM on September 24, 2026. Standard tax withholding rates of 10% for resident individuals with valid PAN and 20% for non-residents or accounts without PAN will apply. Eligible shareholders may submit tax exemption forms (Form 121 / DTAA documentation) before the record date.
- Recommended dividend of ₹0.35 per equity share (face value ₹10) for FY26
- Annual General Meeting (AGM) to approve dividend scheduled for September 24, 2026
- TDS rate of 10% applies to resident shareholders with PAN; 20% if PAN is missing/inoperative
- No tax deduction for resident individuals if total annual dividend does not exceed ₹10,000 or upon submission of Form 121
Atam Valves Limited has scheduled its 41st Annual General Meeting (AGM) for Thursday, September 24, 2026, in Jalandhar, Punjab. The cut-off date for determining shareholder voting eligibility is September 16, 2026, with remote e-voting open from September 21 to September 23, 2026. Along with the notice, the company circulated its FY25-26 Annual Report, showing FY26 net profit of ₹2.42 crore (₹241.54 lakh) against total borrowings of ₹14.75 crore. Customer concentration increased during FY26, with the top ten customers generating 69.33% of revenue compared to 54.56% in FY25.
- 41st Annual General Meeting scheduled for September 24, 2026, in physical mode at Jalandhar
- Remote e-voting window active from September 21 to September 23, 2026, with cut-off date set to September 16, 2026
- Reported FY26 net profit of ₹241.54 lakh (₹2.42 cr) with total borrowings at ₹1,475.36 lakh (₹14.75 cr) as of March 31, 2026
- Top 10 customers contributed 69.33% of revenue in FY26 versus 54.56% in FY25, and two customers accounted for 38.85% of total sales
Atam Valves held its Board of Directors meeting on August 29, 2026, approving key administrative and governance matters. The company fixed September 16, 2026, as the record date and cut-off date for final dividend eligibility and voting at its 41st AGM scheduled for September 24, 2026. The board also approved material related party transactions with AMCO Industries and proposed increasing borrowing powers under Section 180(1)(c), subject to shareholder approval.
- Fixed September 16, 2026 as record date for determining final dividend eligibility
- 41st Annual General Meeting scheduled for September 24, 2026 at 12:00 PM in Jalandhar
- Approved material related party transactions with AMCO Industries subject to member approval
- Approved increase in borrowing powers under Section 180(1)(c) and asset charges under Section 180(1)(a)
Atam Valves Limited's Board of Directors met on August 29, 2026, to approve key annual corporate resolutions ahead of its 41st Annual General Meeting (AGM). The AGM is scheduled for September 24, 2026, with September 16, 2026, fixed as the record and cut-off date for final dividend eligibility and voting. Key agenda items include approving material related party transactions with AMCO Industries, enhancing borrowing limits under Section 180(1)(c), and approving director reappointments and remuneration.
- Fixed September 16, 2026 as the record date for final dividend eligibility and AGM voting
- 41st Annual General Meeting scheduled for September 24, 2026 at 12:00 PM in Jalandhar
- Approved proposals to increase borrowing limits under Section 180(1)(c) and create security charges under Section 180(1)(a)
- Proposed material related party transactions with AMCO Industries subject to shareholder approval
Atam Valves Limited reported a weak set of numbers for Q1 FY27, with Net Profit declining 48.6% YoY to ₹0.64 Cr from ₹1.24 Cr in the year-ago period. Revenue from operations remained stagnant at ₹12.29 Cr, showing a marginal decline of 0.6% YoY. The profitability squeeze was primarily driven by an 8.5% increase in total expenses, including a new ₹3.25 Cr expenditure on purchase of stock-in-trade. Consequently, EPS for the quarter halved to ₹0.55 from ₹1.08 YoY.
- Net Profit dropped 48.6% YoY to ₹0.64 Cr from ₹1.24 Cr in Q1 FY26
- Revenue from operations was nearly flat at ₹12.29 Cr compared to ₹12.37 Cr YoY
- Total expenses rose to ₹11.63 Cr from ₹10.72 Cr, despite stagnant revenue
- Earnings Per Share (EPS) decreased to ₹0.55 from ₹1.08 in the previous year's corresponding quarter
- Other income saw a sharp jump to ₹19.37 Lakhs from just ₹0.42 Lakhs YoY
Atam Valves Limited has submitted its quarterly statement of deviation or variation as per SEBI Regulation 32. The company confirmed that it did not raise any funds through public issues, rights issues, preferential issues, or Qualified Institutions Placements (QIP) during the period from April 1, 2026, to June 30, 2026. Consequently, there are no deviations or variations to report regarding the utilization of funds. This is a standard procedural filing with no impact on the company's current financial position.
- Confirmed zero funds raised through public, rights, or preferential issues during the quarter ended June 30, 2026.
- Reported 'Not Applicable' for all fields related to deviation or variation in fund utilization.
- Audit Committee reviewed the statement and provided 'None' comments.
- The filing covers the specific period from 01.04.2026 to 30.06.2026.
Atam Valves Limited has submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The company's Registrar and Share Transfer Agent, Bigshare Services Private Limited, confirmed that no requests for dematerialization or rematerialization were received during the quarter ended June 30, 2026. This is because the entire shareholding of the company is already held in dematerialized form. This filing is a standard regulatory requirement and has no impact on the company's financial operations.
- Compliance certificate issued for the quarter ended June 30, 2026.
- 100% of the company's shares are currently held in dematerialized form.
- Zero requests for dematerialization or rematerialization were received during the quarter.
- Confirmation provided by Registrar and Share Transfer Agent, Bigshare Services Private Limited.
Atam Valves Limited has informed the stock exchanges that its trading window will be closed starting July 1, 2026. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, for the purpose of considering the unaudited financial results for the quarter ending June 30, 2026. The window will remain closed for all designated persons and will reopen 48 hours after the financial results are declared. The specific date for the board meeting to approve these results will be announced separately.
- Trading window closure effective from Wednesday, July 1, 2026
- Closure pertains to the Unaudited Financial Results for the quarter ended June 30, 2026
- Trading window to reopen 48 hours after the official declaration of financial results
- Compliance maintained under SEBI (Prohibition of Insider Trading) Regulations, 2015
Atam Valves Limited has filed a statement under Regulation 32 of SEBI (LODR) confirming no funds were raised during the quarter ended March 31, 2026. The company reported zero deviations or variations in the utilization of funds as no public, rights, or preferential issues took place between January 1 and March 31, 2026. This disclosure is a standard regulatory requirement to ensure transparency in the use of proceeds from capital raises. There are no financial implications or changes to the company's capital structure arising from this announcement.
- Confirmed no funds raised through public, rights, or preferential issues in Q4 FY26
- Zero deviation or variation reported in fund utilization for the period ending March 31, 2026
- Audit Committee and auditors provided no comments or concerns regarding fund usage
- Compliance filing submitted in accordance with SEBI Circular No. CIR/CFD/CMD1/162/2019
Atam Valves reported a weak financial performance for the fiscal year ended March 31, 2026, with annual revenue declining 21.8% YoY to ₹4,729.75 Lakhs. Net profit for the year saw a sharp contraction of 61.8%, falling to ₹241.54 Lakhs from ₹632.05 Lakhs in the previous year. Despite the earnings pressure, the Board has recommended a final dividend of ₹0.35 per equity share. The company's annual EPS has significantly dropped to ₹2.11 from ₹5.50 in FY25.
- Recommended a final dividend of ₹0.35 per equity share of ₹10 each for FY 2025-26.
- Annual Revenue from Operations fell 21.8% YoY to ₹4,729.75 Lakhs compared to ₹6,050.01 Lakhs in FY25.
- Net Profit for FY26 plummeted by 61.8% to ₹241.54 Lakhs from ₹632.05 Lakhs.
- Earnings Per Share (EPS) declined sharply to ₹2.11 from ₹5.50 in the previous fiscal year.
- Q4 FY26 Net Profit stood at ₹85.66 Lakhs, a significant drop from ₹213.05 Lakhs in Q4 FY25.
Atam Valves reported a significant downturn in its financial performance for the fiscal year ended March 31, 2026. Annual revenue from operations fell by approximately 21.8% to ₹47.30 crore compared to ₹60.50 crore in the previous year. Net profit saw a sharper decline of 61.8%, dropping from ₹6.32 crore to ₹2.42 crore, leading to a decrease in EPS from ₹5.50 to ₹2.11. Despite the drop in earnings, the board has recommended a final dividend of ₹0.35 per share.
- Annual Revenue from Operations decreased 21.8% YoY to ₹4,729.75 Lakhs.
- Net Profit for FY26 plummeted 61.8% to ₹241.54 Lakhs from ₹632.05 Lakhs in FY25.
- Earnings Per Share (EPS) declined significantly to ₹2.11 from ₹5.50 in the previous fiscal year.
- Board recommended a final dividend of ₹0.35 per equity share (3.5% on face value).
- Q4 FY26 PAT stood at ₹85.66 Lakhs, down from ₹213.05 Lakhs in the corresponding quarter last year.
Atam Valves Limited has submitted its annual disclosure under Regulation 31(4) of SEBI (SAST) Regulations for the financial year ended March 31, 2026. The promoter group, represented by Amit Jain, has declared that no equity shares held by them were encumbered, directly or indirectly, during the period. This routine filing provides transparency to shareholders regarding the status of the promoter's equity stake. It confirms that the promoter's holding remains free of any pledges or liens.
- Promoters and Persons Acting in Concert (PACs) declared zero encumbrances for the financial year ended March 31, 2026.
- The disclosure is in compliance with Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
- The filing was submitted to both the National Stock Exchange (NSE) and BSE Limited on April 6, 2026.
- Confirmation ensures that the promoter's stake is not being used as collateral for any debt or financial obligations.
Financial Performance
Revenue Growth by Segment
Total revenue from operations for Q2 FY26 stood at INR 11.40 Cr, representing a significant decline of 32.66% YoY compared to INR 16.93 Cr in Q2 FY25. Segment-specific growth percentages were not disclosed.
Geographic Revenue Split
Not disclosed in available documents, though manufacturing is centralized in Jalandhar, Punjab.
Profitability Margins
PAT margin for Q2 FY26 was 7.89%, down from 9.8% in Q2 FY25. For the full year FY25, PAT margin was 10.41% compared to 11.09% in FY24.
EBITDA Margin
EBITDA margin for Q2 FY26 was 14.03%, a decrease from 15.48% in Q2 FY25. EBITDA fell 38.93% YoY to INR 1.60 Cr from INR 2.62 Cr.
Capital Expenditure
The company has identified and planned new machinery for manufacturing large-radius industrial valves up to 72 inches, though specific INR Cr values for this planned capex were not disclosed.
Operational Drivers
Raw Materials
Not disclosed, though the company operates three specialized foundry shops suggesting use of metal alloys and steel.
Capacity Expansion
Current manufacturing capacity is limited to 12-inch valves; the company is expanding to manufacture large-radius industrial valves up to 72 inches to serve high-pressure sectors like oil & gas.
Strategic Growth
Expected Growth Rate
15%
Growth Strategy
Growth will be driven by obtaining the American Petroleum Institute (API) certification by February 2026, which will unlock revenue streams in oil & gas and petrochemicals by end of FY27. Additionally, expanding valve capacity from 12 inches to 72 inches allows the company to capture high-value infrastructure projects.
Products & Services
Industrial and plumbing valves and fittings, specifically Gate, Globe, and Ball valves designed for extreme temperatures (-192°C to 550°C) and high pressures (up to 10,000 psi).
Brand Portfolio
ATAM, FEBI
New Products/Services
Large-radius industrial valves up to 72 inches, expected to contribute to meaningful revenue traction by the end of FY27.
Market Expansion
Targeting high-value opportunities in oil & gas, petrochemicals, and large-scale infrastructure globally following API certification.
External Factors
Industry Trends
Ongoing infrastructure push and rising industrial investments across sectors are key tailwinds. The industry is shifting toward higher quality standards, making API certification a critical competitive requirement.
Competitive Moat
Moat is built on specialized manufacturing capabilities for valves that withstand extreme conditions (-192°C to 550°C and 10,000 psi) and the upcoming API certification, which serves as a global benchmark for quality.
Macro Economic Sensitivity
High sensitivity to infrastructure push and industrial investment cycles, as evidenced by the 32.66% revenue drop during a challenging macro period.
Regulatory & Governance
Industry Regulations
The company must comply with American Petroleum Institute (API) standards for global manufacturing readiness. It has successfully cleared the API Q1 audit stage.
Legal Contingencies
No significant material orders were passed by regulators or courts impacting the going concern status during FY25.
Risk Analysis
Key Uncertainties
The primary uncertainty is the timing of volume recovery and the exact timeline for converting API-related trials into orders, which management expects by end of FY27.
Geographic Concentration Risk
Manufacturing is concentrated in Jalandhar, Punjab, at a single industrial area location.
Technology Obsolescence Risk
The company is mitigating technology risk by upgrading machinery to produce larger 72-inch valves.
