The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Atam Valves Limited is an India-based company, which operates as a manufacturer of industrial and plumbing valves and fittings. The Company operates through only one segment that is engaged in the business of manufacturing valves and fittings, steam traps and strainers. The…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A weak, stagnant business, fairly priced — but flagged on governance.
Atam Valves is scored on the general / industrial framework. It keeps a slim 5.1% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT 0.19×) — worth a closer look. Free cash flow is worth about 0.6% of its market value.
Over the last 3 years revenue compounded at -1%/yr and profit at -32%/yr. Book value itself has compounded 15%/yr — the hallmark of a genuine compounder. Return on equity is a weak 6.3%. In the latest quarter profit fell 26% versus the prior quarter.
At 25× earnings, the stock sits at the 51st percentile of its own 3.5-year range — the middle of where it has historically traded. Today's price implies ~16%/yr earnings growth for a decade. The forensic screen raises a red flag: Only ₹-0.35 of cash per ₹1 profit over 4 years — earnings not converting to cash.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 33.54 | — | — |
| P/B | 1.6 | 5.05 | better |
| EV/EBITDA | 18.32 | 12.75 | worse |
| ROE | 6.35 | 10.19 | worse |
| ROCE | 8.16 | 12.02 | worse |
| ROA | 3.13 | 4.74 | worse |
| Quick Ratio | 1.22 | 3.69 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Cummins India | 49.9 | 13.5 | 27.1% |
| Welspun Corp | 24.6 | 5.5 | 22.3% |
| Indo-mim | 109.9 | 21.2 | 23.4% |
Revenue is on a 2-year growth streak. Negative CAGR — the top line has shrunk over this window. Growth is decelerating — latest year grew slower than the year before.
Revenue is outpacing profit (-1% vs -32%) — costs are rising faster than the top line. The latest year saw a -62% swing — check if it's a one-off or structural.
Operating margin has compressed from 20% to 7% — costs or competition are eating into profitability. Interest or tax burden is shrinking — more of the operating profit is reaching the bottom line. Margins have declined for 3 consecutive years — watch for a structural cost problem.
ROE at 6% — modest; the capital isn't working hard. Capital efficiency declining — ROE down 24pp.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. Profit grew faster than EPS (-32% vs -35%) — share dilution is eroding per-share value. -35% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
2 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Cash conversion at 0.2× PAT — reported profit isn't translating into cash, raising earnings quality questions. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue broadly flat QoQ — stable but not accelerating. Run-rate stepping up — recent quarters average 17% above earlier ones.
1 of 4 quarters loss-making — quarterly profitability is uneven. Profit fell 26% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly margins are compressing (8% → 5%) — more revenue isn't translating to proportionally more profit.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.5y median.
Promoter holding at 52.3% — majority control intact.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.