Sector Alpha Week of 2026-09-18
Not SEBI Registered !! Not Investment advice !!
Sector Alpha — machine-written from the numbers · Data as of 2026-09-18

Atal Realtech Ltd

ATALREAL

Atal Realtech Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it.

The sharpest disagreement: Promoters moved −19.1 points over 8 quarters while the operating story went the other way — someone close to the numbers is not convinced.

The price is in a confirmed uptrend (70 weeks in). Underneath, the last four quarters read improving — profit +66.0% year on year. What settles it: whether the register turns back in the story’s favour.

Price
₹21.6
+57.4% 1Y
P/E
68.0×
of its own 1-year range
Revenue (Dec 25)
₹29.5 Cr
+46.7% YoY
Profit (Dec 25)
₹1.7 Cr
+66.0% YoY
Operating margin
9.7%
−0.2 pp YoY
ROE
5%
FY25
ROIC
8.4%
vs WACC 12.0% → −3.6 pp
Unverified figures: Some figures on this page come from a second financial-data feed that could not be cross-checked against the primary source — the two do not share enough overlapping reported history to compare. They are drawn, because they are the only evidence there is, and every section carrying one is marked unverified.
01 · Price story

Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.

Atal Realtech Ltd trades at ₹21.6, in a confirmed uptrend and 70 weeks into that stage. That is −3.4% against its own 200-day average. It sits at 57% of a 52-week range of ₹14 to ₹27. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (1 week and counting).

Today the stock is in a confirmed uptrend — week 70 of stage 2, confirmed. At ₹21.6 it trades −3.4% versus its 200-day average and sits at 57% of its 52-week range (₹14–₹27).

Mar 26: ₹21.6 Weekly closing price (₹) with 50- and 200-day averages; shaded bands mark the price stage (grey base, green advance, amber top, red decline). 3-year window.
−3.4% versus the 200-day line, week 70 of stage 2
Price50-day avg200-day avg
S2S4S2₹29.0₹23.0₹17.0₹11.0₹5.0₹₹22₹22Mar 23Dec 23Sep 24Jun 25Mar 26
S2S4S2₹29.0₹23.0₹17.0₹11.0₹5.0₹₹22₹22Mar 23Sep 24Mar 26
Beating or trailing, week by week since 2020 Each cell is one week from 2020 to now (273 weeks): the stock's trailing 13-week return minus the NIFTY 500's, green ahead / red behind (±25% ramp). Grey cells are the 13-week warm-up or weeks where the NIFTY 500 reading is not held.
trailing 13-week return vs the NIFTY 500
Oct 20Mar 26

Against the market, two honest reads. Cumulative: over the last 5.4 years the stock moved +419% while the NIFTY 500 moved +115% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (1 week and counting; last ahead the week of 2026-03-20) — the ribbon below is that same metric, week by week.

What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.

02 · Valuation

Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.

Atal Realtech Ltd trades at 68.0× P/E, against too little history to rank. Its long-run median P/E is 75.4×, measured across 0.6 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.

Today's P/E of 68.0× is against too little history to rank, against a long-run median of 75.4× measured over 0.6 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

P/E 68.0× vs a 75.4× long-run median P/E, weekly (left axis); earnings per share, trailing twelve months, weekly (right axis). 0.6-year window. The eps (ttm) bars are red where the reading is lower than the quarter before.
against too little history to rank
P/EMedianEPS (TTM) (quarterly)
97.4×₹0.486.9×₹0.376.4×₹0.265.9×₹0.155.4×₹0.0×₹63.40×₹0Aug 25Oct 25Nov 25Jan 26Mar 26
97.4×₹0.486.9×₹0.376.4×₹0.265.9×₹0.155.4×₹0.0×₹63.40×₹0Aug 25Nov 25Mar 26
P/E
68.0×
too little history to rank

Put together: the multiple is unremarkable against its own past, so the story rests on the earnings line underneath it, not the multiple.

03 · Stage: No read

Stage: No read Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read.

Atal Realtech Ltd reads as no read on its fundamental arc. Under eight usable quarters on the growth trio — not enough history for an honest trajectory read.

Three growth curves, twelve quarters Year-on-year growth of trailing-twelve-month revenue (left axis), profit and EPS (right axis — they swing far wider), % at each quarter-end. Where the trailing-twelve-month history is short, the curve falls back to single-quarter year-on-year growth — noisier, and the classifier smooths and caps base-effect spikes before reading. A missing point means that reading is not held for the quarter.
the trajectory the stage is read from
RevenueProfit
222%252%155%173%87%94%19%15%−49%−64%%%46.7%66%Jun 24Sep 24Mar 25Jun 25Dec 25
222%252%155%173%87%94%19%15%−49%−64%%%46.7%66%Jun 24Mar 25Dec 25

Why it matters: with too little history, an honest page says so instead of guessing a trajectory.

One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.

Fewer than eight usable quarters on the growth curves — this page will not guess a trajectory from a stub of history.

04 · Revenue

Revenue Revenue is the top line: everything the company billed its customers in the period.

Atal Realtech Ltd reported ₹29.5 Cr of revenue in the Dec 25 quarter, +46.7% year on year. The last full year, FY25, came in at ₹96.0 Cr. The last four reported quarters add to ₹104 Cr. A multi-year compound rate is not shown because the annual history behind it is too short to compute one honestly.

FY25 revenue came in at ₹96.0 Cr (null on the year). The latest quarter (Dec 25) printed ₹29.5 Cr, +46.7% year on year.

FY25 revenue ₹96.0 Cr (null YoY) Revenue bars, ₹ Cr (left); YoY growth-% line (right). 1-year window. A bar is red when it is lower than the year before.
Revenue
1047852260₹ Cr₹96FY25
1047852260₹ Cr₹96FY25
Dec 25: ₹29.5 Cr (+46.7% YoY) Quarterly revenue bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
Revenue (quarterly)YoY growth
47222%35155%2487%1219%0−49%₹ Cr%₹3046.7%Jun 24Mar 25Dec 25
47222%35155%2487%1219%0−49%₹ Cr%₹3046.7%Jun 24Mar 25Dec 25
05 · Operating margin

Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.

Atal Realtech Ltd's operating margin is 9.7% in the Dec 25 quarter, −0.2 percentage points against the same quarter a year ago.

The latest quarter's operating margin is 9.7%, −0.2 pp against the same quarter a year ago. Across 1 fiscal years the operating margin has ranged 8.0%–8.0%.

🚨 Why the margin moved: operating margin went −0.2 pp year on year while gross margin went −35.7 pp — the loss came mostly from the gross line: input costs and pricing.

FY25: 8.0% Operating margin by fiscal year, %, line (left); year-on-year change in the margin, in percentage points, line (right). 1-year window.
within a 8.0–8.0% band over 1 years
operating margin
9.2%8.6%8.0%7.4%6.8%%8%FY25
9.2%8.6%8.0%7.4%6.8%%8%FY25
Dec 25: 9.7% operating margin (−0.2 pp YoY) Quarterly operating margin, %, line (left); year-on-year change in the margin, in percentage points, line (right). Last 12 quarters. Operating profit as a share of revenue, per quarter.
Operating marginYoY change (pp)
19%3.5%15%0.6%11%−2.3%7.6%−5.2%3.8%−8.1%%%9.7%−0.2%Jun 24Mar 25Dec 25
19%3.5%15%0.6%11%−2.3%7.6%−5.2%3.8%−8.1%%%9.7%−0.2%Jun 24Mar 25Dec 25
06 · Net profit

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

Atal Realtech Ltd earned ₹1.7 Cr of net profit in the Dec 25 quarter, +66.0% year on year. Full-year FY25 profit was ₹4.0 Cr. That is 5.8% of the quarter's revenue. The same quarter a year earlier earned ₹1.0 Cr.

Dec 25 profit was ₹1.7 Cr, +66.0% year on year. On the full year, FY25 printed ₹4.0 Cr (null).

FY25 profit ₹4.0 Cr (null YoY) Net profit bars, ₹ Cr (left); YoY growth-% line (right). 1-year window. A bar is red when it is lower than the year before.
Net profit
43210₹ Cr₹4FY25
43210₹ Cr₹4FY25
Dec 25: ₹1.7 Cr (+66.0% YoY) Quarterly net profit bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
Net profit (quarterly)YoY growth
2.0252%1.5173%1.094%0.515%0.0−64%₹ Cr%₹266%Jun 24Mar 25Dec 25
2.0252%1.5173%1.094%0.515%0.0−64%₹ Cr%₹266%Jun 24Mar 25Dec 25

Why profit moved: revenue contributed +46.7% and the margin −0.2 pp — the quarter was revenue-led, with the margin roughly flat.

Pace comparison, last four quarters: profit +84.5% vs revenue +73.3%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.

07 · Cash flow — the router

Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.

Atal Realtech Ltd's cash-flow history is too thin to judge how much reported profit converts into cash. In FY25 that was ₹−14.0 Cr of operating cash against ₹4.0 Cr of profit. Cash resolution here is annual, because quarterly cash statements are not published.

FY25: operating cash of ₹−14.0 Cr against reported profit of ₹4.0 Cr.

Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.

FY25: CFO ₹−14.0 Cr vs profit ₹4.0 Cr Operating cash flow and net profit by fiscal year, ₹ Cr; the line is free cash flow (CFO minus capital spending). 1-year window, annual resolution.
Operating cashNet profit
50−5−10−15₹ Cr₹−14₹4FY25
50−5−10−15₹ Cr₹−14₹4FY25
FY25: CFO = −350% of profit Operating cash as a share of net profit, per fiscal year, % (line). Dashed line = 100% — every unit of profit arriving as cash.
Conversion100%
136%5.5%−125%−256%−386%%−350%FY25
136%5.5%−125%−256%−386%%−350%FY25

Router verdict: no single sink dominates — the next section checks both the working-capital cycle and the capital spending.

08 · Where the cash goes

Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).

Atal Realtech Ltd does not report the debtor, inventory and payable day-counts a cash cycle is built from, so this section reads the investment side instead. Nothing is estimated in place of the missing day-counts, so no cash-cycle chart is drawn.

Working-capital day-counts are not in our numbers for this stock, so this section reads the investment side — where the cash is being put to work.

The synthesis: neither the cycle nor the build-out is hoarding the cash — the machine is reasonably clean.

09 · Returns on capital

Returns on capital ROE is the profit the business earns on the money invested in it — the single best test of whether growth creates value or just size.

An annual ROE ladder is not held for Atal Realtech Ltd.

We do not hold an annual ROE series for Atal Realtech Ltd. Its filings carry the return lines we would need as blanks rather than numbers, so this page does not estimate one. The revenue, margin, cash-flow and ownership sections are the reads we stand behind.

10 · Debt

Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.

Atal Realtech Ltd carries ₹15.0 Cr of borrowings against ₹67.0 Cr of equity in FY25, a debt-to-equity of 0.22. Operating profit covers the interest bill 4×.

FY25: borrowings of ₹15.0 Cr against equity of ₹67.0 Cr — a debt-to-equity of 0.22. Operating profit covers the interest bill 4×.

FY25: borrowings ₹15.0 Cr at 0.22× equity Borrowings by fiscal year, ₹ Cr (bars); debt-to-equity, × (line). 1-year window. Quarterly balance-sheet history is not held for India — annual is the honest resolution.
the debt trajectory
BorrowingsDebt-to-equity
161.4×120.8×80.2×4−0.4×0−0.9×₹ Cr×₹150.22×FY25
161.4×120.8×80.2×4−0.4×0−0.9×₹ Cr×₹150.22×FY25
11 · Ownership

Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.

Promoters cut 19.1 points of Atal Realtech Ltd over 8 quarters, the biggest move on the register. That takes promoters to 30.1% of the company. Foreign institutions moved +6.2 points over the same window, to 6.2%. The register is read on the four disclosed classes only; nothing is inferred between filings.

The register over the last two years — Promoters: −19.1 points over 8 quarters to 30.1%; Foreign institutions: +6.2 points over 8 quarters to 6.2%.

🚨 Why the register moved: promoters drove it (−19.1 points), absorbed on the other side by foreign institutions (+6.2 points) — distribution into the market’s bid.

Fiscal-year ends: promoters −16.4 pts from Mar 23 to Mar 25 Shareholding at each fiscal-year end (March quarter), % of the company. 3 year-ends held.
PromotersForeign inst.Public
72%53%33%14%−5.3%%32.8%0.6%66.6%Mar 23Mar 24Mar 25
72%53%33%14%−5.3%%32.8%0.6%66.6%Mar 23Mar 24Mar 25
Promoters cut 19.1 points over 8 quarters Shareholding by holder class, % of the company, quarterly, last 12 quarters.
PromotersForeign inst.Public
73%53%34%14%−5.4%%30.1%6.2%63.7%Mar 23Jun 24Dec 25
73%53%34%14%−5.4%%30.1%6.2%63.7%Mar 23Jun 24Dec 25
12 · Safety line

Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.

Atal Realtech Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.

The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.

13 · Related companies

No sector comparison is shown here — no sector comparison is available for this company.

14 · Frequently asked questions

Frequently asked questions

What is Atal Realtech Ltd's share price today?

Atal Realtech Ltd trades at ₹21.6, +57.4% over the past year. The company is valued at ₹265 Cr. The stock sits at 57% of its 52-week range of ₹14–₹27, −3.4% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 70 weeks in. — as of 18 September 2026.

What were Atal Realtech Ltd's latest quarterly results?

Atal Realtech Ltd reported revenue of ₹29.5 Cr and net profit of ₹1.7 Cr for the Dec 25 quarter. Revenue rose 46.7% and profit rose 66.0% year on year. Earnings per share were ₹0.14. The operating margin was 9.7%, 0.2 pp lower than a year earlier. — as of 18 September 2026.

What is Atal Realtech Ltd's revenue?

Atal Realtech Ltd reported revenue of ₹29.5 Cr in the Dec 25 quarter, +46.7% year on year. For the full FY25 fiscal year, revenue was ₹96.0 Cr. — as of 18 September 2026.

What is Atal Realtech Ltd's profit?

Atal Realtech Ltd earned ₹1.7 Cr of net profit in the Dec 25 quarter, +66.0% year on year. Full-year FY25 profit was ₹4.0 Cr. The operating margin ran 9.7% in the latest quarter. — as of 18 September 2026.

What is Atal Realtech Ltd's market cap?

Atal Realtech Ltd's market capitalisation is ₹265 Cr at a share price of ₹21.6. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 18 September 2026.

Does Atal Realtech Ltd pay a dividend?

No — Atal Realtech Ltd has recorded a dividend payout of 0% of profit in each of its last 1 reported fiscal year, so there is no payout history to quote. That is a reading of the filed annual statements, not an estimate. — as of 18 September 2026.

Is Atal Realtech Ltd growing?

Yes — Atal Realtech Ltd is growing: latest-quarter revenue +46.7% year on year, profit +66.0%, and the margin −0.2 pp at 9.7%. The earnings engine currently reads: improving — as of 18 September 2026.

How is Atal Realtech Ltd performing?

Atal Realtech Ltd is in a confirmed uptrend, 70 weeks in. Its latest quarter's revenue rose 46.7% and profit rose 66.0% year on year. Against the NIFTY 500 it has been behind on a trailing-13-week view for 1 week. This describes what the data did, not a rating. — as of 18 September 2026.

Is Atal Realtech Ltd in an uptrend?

Yes — the price is in a confirmed uptrend (week 70 of stage 2), trading −3.4% versus its 200-day average and at 57% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 18 September 2026.

Is Atal Realtech Ltd beating the market?

Not lately — on a trailing-13-week view Atal Realtech Ltd is currently behind the NIFTY 500 (1 week and counting; last ahead the week of 2026-03-20), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 5.4 years the stock moved +419% against the NIFTY 500's +115% — ahead of the index over the full window. — as of 18 September 2026.

Will Atal Realtech Ltd's share price go up?

This page publishes no price forecast for Atal Realtech Ltd. What it measures instead: the share price is ₹21.6, the price is in a confirmed uptrend 70 weeks in. Direction is not something this site claims to know. — as of 18 September 2026.

Who owns Atal Realtech Ltd?

Promoters hold 30.1% of Atal Realtech Ltd, foreign institutions 6.2%, domestic institutions null% and the public 63.7% (latest quarter). The biggest move on the register over the last two years: Promoters cut 19.1 points over 8 quarters. — as of 18 September 2026.

Does Atal Realtech Ltd have too much debt?

No — Atal Realtech Ltd's debt-to-equity is 0.22, and operating profit covers the interest bill 4×. A year-by-year borrowings ladder is not in our numbers for this stock, so the latest reading is the cleanest hold. The returns on this page are earned, not borrowed — as of 18 September 2026.

What is Atal Realtech Ltd's cash flow?

Atal Realtech Ltd consumed ₹14.0 Cr of operating cash in FY25 — cash flowed out rather than in. Operating cash was negative while the company reported a profit of ₹4.0 Cr. Cash-flow resolution for India is annual. — as of 18 September 2026.

Where is Atal Realtech Ltd in its business cycle?

Atal Realtech Ltd's FY25 operating margin was 8.0%, against a 1-year band of 8.0%–8.0%: the low end of its own band, which is where recoveries start when they come. The latest quarter ran 9.7%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 18 September 2026.

What could break the Atal Realtech Ltd story?

The sharpest disagreement: Promoters moved −19.1 points over 8 quarters while the operating story went the other way — someone close to the numbers is not convinced. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 18 September 2026.

Is Atal Realtech Ltd a stock worth studying right now?

This is not investment advice. The machine read: Atal Realtech Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it. The sharpest open question: whether the register turns back in the story’s favour. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 18 September 2026.

Sector Alpha — machine-written from the numbers · Data as of 2026-09-18. Every chart on this page is drawn by deterministic code from the raw series — no forecasts, no price opinions, and nothing here is investment advice.

Not SEBI Registered !! Not Investment advice !!

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