Synopsis:
Atmastco Restricted has acquired a ₹15.23 crore LOI from BHEL to manufacture and provide metal constructions for the DVC Raghunathpur venture.
The shares of the Micro-Cap inventory specialising in Engineering, Procurement, and Building (EPC) companies, with a selected give attention to metal fabrication and manufacturing for industrial, business, and residential infrastructure, are in focus acquired a Letter of Intent (LOI) from Bharat Heavy Electricals Restricted (BHEL)
With a market capitalization of Rs. 463.78 crores on Thursday, the shares of Atmastco Restricted jumped upto 1.2 p.c, making a excessive of Rs. 189.90 per share in comparison with its earlier closing value of Rs. 187.60 per share.
What Occurred
Atmastco Restricted, engaged in Engineering, Procurement, and Building (EPC) companies, with a selected give attention to metal fabrication and manufacturing for industrial, business, and residential infrastructure, has introduced that it has acquired a Letter of Intent (LOI) from Bharat Heavy Electricals Restricted (BHEL).
The order is for the fabrication and provide of columns, auto-weld gadgets, and normal fabrication work for the DVC Raghunathpur venture. The order, valued at about Rs. 15.23 crore, is a one-time home contract and will likely be executed as per buy orders issued by BHEL. The LOI additionally outlines the portions, charges, and validity interval for numerous fabrication gadgets to be provided underneath the contract.
Financials & Others
The corporate’s income declined by 13 p.c from Rs. 139 crore in September 2024 to Rs. 121 crore in September 2025. In the meantime, the Web revenue declined from Rs. 14 crore to Rs. 11 crore throughout the identical interval.
The corporate exhibits sturdy profitability with a ROCE of 21.5% and a stable ROE of 16.4%, indicating environment friendly use of each capital and fairness. Its PEG ratio of 0.36 suggests the inventory could also be undervalued relative to its progress. Moreover, a debt-to-equity ratio of 0.67 displays a average and manageable stage of leverage.
Atmastco Restricted, established in 1994, is an Indian engineering, procurement, and development (EPC) firm that specialises in heavy fabrication constructions, manufacturing metal elements, and offering customised engineering options for numerous sectors like energy, railways, and infrastructure.
The corporate designs, manufactures, provides, and commissions precision gear and constructions, with a wholly-owned subsidiary that produces defence merchandise like bulletproof jackets and helmets.
The corporate operates on a big scale with a month-to-month manufacturing capability of over 3,600 MT, supported by 350+ workers. It has delivered 80+ completed orders throughout the nation and runs its operations on 40+ acres of land with six fabrication bays, highlighting sturdy infrastructure and execution functionality.
The corporate serves a powerful set of marquee shoppers. Within the non-public sector, its key shoppers embody Tata Metal, Vedanta, and Adani. Amongst authorities organisations, it really works with Engineers India, SAIL, BHEL, DRDO, ISRO, and a number of other others. This various consumer base displays the corporate’s credibility and business belief.
Written by Sridhar J
Disclaimer
The views and funding suggestions expressed by funding consultants/broking homes/score businesses on tradebrains.in are their very own, and never that of the web site or its administration. Investing in equities poses a danger of economic losses. Traders should subsequently train due warning whereas investing or buying and selling in shares. Commerce Brains Applied sciences Non-public Restricted or the writer should not answerable for any losses brought on on account of the choice primarily based on this text. Please seek the advice of your funding advisor earlier than investing.
