Atlas Cycles (Haryana) Limited

NSE: ATLASCYCLE · Cycles

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52W Range₹76 – ₹124

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Snapshot

Unlock Atlas Cycles (Haryana) Limited's vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

Atlas Cycles (Haryana) Limited is a historic Indian bicycle manufacturer established in 1951, known for producing roadsters, mountain bikes, and children's bicycles under the Atlas brand. The company previously operated large-scale manufacturing facilities in Sonepat, Sahibabad, and Rasoi before halting all production due to severe financial distress.

Business Model

The company historically generated revenue through the large-scale manufacturing and distribution of bicycles across various segments, marketed under its flagship brand. Currently, operations are halted and the business faces severe liquidity issues and suspended stock exchange trading.

Management Commentary

Management has faced intense operational challenges, culminating in the suspension of all manufacturing activities as the company struggles with mounting liabilities and legal hurdles.

Growth Outlook

The near-term outlook remains highly uncertain as the company navigates severe financial distress, legal challenges, and suspended trading of its shares on Indian stock exchanges.

Key Risks

  • Operational Cessation. All manufacturing plants have halted operations, threatening the continuity of the business.
  • Financial Distress and Liquidity. Severe financial constraints and rising liabilities have compromised the company's ability to service debts and sustain operations.
  • Regulatory and Exchange Delisting Risks. Shares are currently suspended from trading on Indian stock exchanges, posing risks of permanent de-listing and loss of shareholder value.

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Peers · Cycles

CompanyMkt CapP/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
Atlas Cycles (Haryana) LimitedATLASCYCLE
₹65 Cr———-97.8%——-24.6%
Wim PlastWIMPLAST
₹401 Cr6.71—1.0%25.1%11.6%15.1%—
Lehar FootwearsLEHAR
₹364 Cr21.0912.372.1%9.2%13.5%20.1%-17.7%
Swiss Military Consumer Goods LimitedSWISSMLTRY
₹331 Cr———4.4%——-44.0%
KD Green Industries LimitedMANBRO
₹290 Cr17.3118.95—13.9%18.1%15.1%-89.5%
Maruti Interior Products LimitedSPITZE
₹203 Cr———13.2%——-54.7%

As of Mar 2026

Financials