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1. Business Overview
ATC Energies System Ltd. is an Indian company operating in the Batteries sector. While specific operational details are not publicly available without deeper research, it is typical for a company in this industry to be involved in the manufacturing, assembly, distribution, and potentially research and development of various types of batteries and related energy storage solutions. This could include lead-acid batteries, lithium-ion batteries, or other advanced chemistries, catering to a range of applications such as automotive, industrial (e.g., UPS, telecom towers, material handling), renewable energy storage, and consumer electronics. The company's core business model would revolve around selling these battery products or complete energy systems to customers, generating revenue from product sales and potentially after-sales services.
2. Key Segments / Revenue Mix
Specific revenue mix and business segments for ATC Energies System Ltd. are not readily available in public domain without detailed financial reports. However, for a typical battery company, common segments could include:
Automotive Batteries: Supplying batteries for cars, motorcycles, commercial vehicles (OEM and aftermarket).
Industrial Batteries: Batteries for UPS systems, inverters, telecom infrastructure, solar power storage, motive power (forklifts, golf carts).
Consumer Batteries: Batteries for portable electronic devices.
Specialty Batteries: Batteries for niche applications or advanced energy storage systems.
The revenue mix would depend heavily on the company's focus and market strategy within these areas.
3. Industry & Positioning
The Indian battery industry is characterized by robust growth, driven by increasing vehicle sales, rapid adoption of renewable energy, expansion of telecom infrastructure, and the emerging electric vehicle (EV) market. The industry has a mix of large established players (e.g., Exide, Amara Raja) and numerous smaller, regional manufacturers. Competition is intense, often based on product quality, price, distribution network, and brand perception. Without specific market data, ATC Energies System Ltd.'s precise positioning (e.g., market leader, niche player, cost leader, technology innovator) against its peers is unclear. It likely competes within specific segments or geographies where it has established its presence.
4. Competitive Advantage (Moat)
The presence of a durable competitive advantage (moat) for ATC Energies System Ltd. is not evident without in-depth analysis of its operations. Potential moats in the battery industry can include:
Cost Leadership: Achieving lower manufacturing costs through economies of scale, efficient production processes, or preferential access to raw materials.
Strong Distribution Network & Brand: A wide dealer network and recognized brand can create customer loyalty and ease market penetration.
Technological Expertise: Proprietary battery chemistries, advanced manufacturing techniques, or R&D capabilities that yield superior performance or lifespan.
Switching Costs: For industrial or large-scale energy storage systems, the cost and effort of switching suppliers can be high.
Currently, it is not possible to confirm if ATC Energies System Ltd. possesses any of these strong, durable competitive advantages.
5. Growth Drivers
Key factors that can drive growth for ATC Energies System Ltd. over the next 3-5 years include:
Electric Vehicle (EV) Adoption: The accelerating transition to EVs in India will create significant demand for lithium-ion and other advanced battery technologies.
Renewable Energy Storage: The increasing integration of solar and wind power necessitates robust battery storage solutions for grid stability and off-grid applications.
Industrial & Telecom Sector Expansion: Continued infrastructure development and digitalization will drive demand for backup power solutions.
Government Initiatives: Policies supporting domestic manufacturing (e.g., PLI schemes), EV adoption, and renewable energy targets will provide tailwinds.
Technological Advancements: Developing newer, more efficient, and cost-effective battery chemistries can unlock new market opportunities.
6. Risks
Key business risks for ATC Energies System Ltd. include:
Raw Material Price Volatility: Significant fluctuations in prices of key raw materials like lead, lithium, nickel, cobalt, and graphite can impact profitability.
Technological Obsolescence: Rapid advancements in battery technology (e.g., solid-state batteries) could render existing products or manufacturing processes less competitive.
Intense Competition: The presence of established domestic players and potential entry of international giants could pressure margins and market share.
Capital Intensive Business: Setting up and expanding manufacturing facilities requires substantial capital investment.
Regulatory Changes: Evolving environmental regulations, safety standards, and import/export policies can impact operations and costs.
Supply Chain Disruptions: Global supply chain issues, as seen recently, can affect availability and cost of components.
7. Management & Ownership
As an Indian company, it is likely promoted and controlled by a founding family or a group of individuals often referred to as 'promoters.' In such structures, the promoters typically hold a significant equity stake and often play a pivotal role in strategic decision-making and day-to-day operations. Without specific information, assessing management quality would require evaluating their track record, corporate governance practices, strategic vision, and execution capabilities. Ownership structure would typically involve the promoter group, institutional investors (if publicly listed and followed), and public shareholders. Specific details for ATC Energies System Ltd.'s management and ownership are not publicly available without deeper research.
8. Outlook
The outlook for ATC Energies System Ltd., operating in the burgeoning Indian battery market, appears promising given the strong tailwinds from EV adoption, renewable energy expansion, and industrial growth. The demand for various battery types is projected to grow significantly in the coming years. However, the company faces substantial challenges, including intense competition from established players, the need for continuous technological innovation, and exposure to volatile raw material prices. Its ability to secure raw material supply, invest in R&D, expand manufacturing capacity efficiently, and differentiate its products will be crucial for capturing market share and ensuring sustainable growth. Success will depend on adept management, strategic positioning, and effective execution in a highly dynamic and capital-intensive industry.
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Market Cap ₹63 Cr.
Stock P/E 5.5
P/B 0.4
Current Price ₹30.8
Book Value ₹ 72.4
Face Value 10
52W High ₹100
Dividend Yield 0%
52W Low ₹ 19.4
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) |
|---|
| Net Sales |
| Other Income |
| Total Income |
| Total Expenditure |
| Operating Profit |
| Interest |
| Depreciation |
| Exceptional Income / Expenses |
| Profit Before Tax |
| Provision for Tax |
| Profit After Tax |
| Adjustments |
| Profit After Adjustments |
| Adjusted Earnings Per Share |
| #(Fig in Cr.) | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|
| Net Sales | 36 | 33 | 51 | 51 | |
| Other Income | 0 | 0 | 0 | 0 | |
| Total Income | 37 | 33 | 52 | 52 | |
| Total Expenditure | 21 | 21 | 36 | 35 | |
| Operating Profit | 15 | 12 | 15 | 17 | |
| Interest | 0 | 1 | 1 | 2 | |
| Depreciation | 1 | 1 | 1 | 1 | |
| Exceptional Income / Expenses | 0 | -0 | 0 | 0 | |
| Profit Before Tax | 14 | 10 | 14 | 14 | |
| Provision for Tax | 2 | 2 | 3 | 2 | |
| Profit After Tax | 12 | 8 | 10 | 11 | |
| Adjustments | 0 | 0 | 0 | 0 | |
| Profit After Adjustments | 12 | 8 | 10 | 11 | |
| Adjusted Earnings Per Share | 7.4 | 4.8 | 6.5 | 5.6 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 0% | 12% | 0% | 0% |
| Operating Profit CAGR | 13% | 4% | 0% | 0% |
| PAT CAGR | 10% | -3% | 0% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | -68% | NA% | NA% | NA% |
| ROE Average | 19% | 33% | 45% | 45% |
| ROCE Average | 19% | 31% | 37% | 37% |
| #(Fig in Cr.) | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Shareholder's Funds | 14 | 22 | 33 | 89 |
| Minority's Interest | 0 | 0 | 0 | 0 |
| Borrowings | 6 | 6 | 6 | 19 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 15 | 13 | 12 | 40 |
| Total Liabilities | 36 | 41 | 50 | 148 |
| Fixed Assets | 8 | 8 | 7 | 14 |
| Other Non-Current Assets | 0 | 0 | 1 | 1 |
| Total Current Assets | 28 | 33 | 42 | 133 |
| Total Assets | 36 | 41 | 50 | 148 |
| #(Fig in Cr.) | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 0 | 2 | 0 | 1 |
| Cash Flow from Operating Activities | 1 | 3 | 3 | 13 |
| Cash Flow from Investing Activities | -6 | -1 | -1 | -13 |
| Cash Flow from Financing Activities | 7 | -2 | -1 | 63 |
| Net Cash Inflow / Outflow | 2 | -0 | 1 | 63 |
| Closing Cash & Cash Equivalent | 2 | 2 | 1 | 64 |
| # | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Earnings Per Share (Rs) | 7.38 | 4.83 | 6.53 | 5.58 |
| CEPS(Rs) | 7.8 | 5.51 | 7.3 | 6.25 |
| DPS(Rs) | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | 9 | 13.83 | 20.39 | 43.73 |
| Core EBITDA Margin(%) | 41.92 | 35.21 | 29.47 | 32.5 |
| EBIT Margin(%) | 40.21 | 31.64 | 27.66 | 30.59 |
| Pre Tax Margin(%) | 39.3 | 30.04 | 26.43 | 26.56 |
| PAT Margin (%) | 32.51 | 23.41 | 20.48 | 22.18 |
| Cash Profit Margin (%) | 34.32 | 26.7 | 22.9 | 24.84 |
| ROA(%) | 32.9 | 20.21 | 23.12 | 11.48 |
| ROE(%) | 82.06 | 42.31 | 38.17 | 18.67 |
| ROCE(%) | 55.86 | 35.51 | 37.24 | 19.26 |
| Receivable days | 45.82 | 53.79 | 40.92 | 108.57 |
| Inventory Days | 169.59 | 220.27 | 190.85 | 219.47 |
| Payable days | 97.27 | 72.15 | 24.17 | 55.14 |
| PER(x) | 0 | 0 | 0 | 0 |
| Price/Book(x) | 0 | 0 | 0 | 0 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 0.35 | 0.35 | 0.46 | -0.36 |
| EV/Core EBITDA(x) | 0.82 | 0.98 | 1.52 | -1.09 |
| Net Sales Growth(%) | 0 | -9.18 | 54.53 | 0.22 |
| EBIT Growth(%) | 0 | -28.52 | 35.07 | 10.82 |
| PAT Growth(%) | 0 | -34.61 | 35.24 | 8.51 |
| EPS Growth(%) | 0 | -34.61 | 35.24 | -14.5 |
| Debt/Equity(x) | 0.82 | 0.48 | 0.32 | 0.34 |
| Current Ratio(x) | 1.88 | 2.56 | 3.67 | 3.36 |
| Quick Ratio(x) | 0.75 | 0.76 | 1.03 | 2.57 |
| Interest Cover(x) | 44.26 | 19.73 | 22.57 | 7.59 |
| Total Debt/Mcap(x) | 0 | 0 | 0 | 0 |
| # | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|
| Promoter | 72.06 | 72.06 | 72.06 |
| FII | 6.29 | 0 | 0 |
| DII | 1.65 | 2.75 | 1.8 |
| Public | 20 | 25.19 | 26.14 |
| Others | 0 | 0 | 0 |
| Total | 100 | 100 | 100 |
| # | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|
| Promoter | 1.47 | 1.47 | 1.47 |
| FII | 0.13 | 0 | 0 |
| DII | 0.03 | 0.06 | 0.04 |
| Public | 0.41 | 0.51 | 0.53 |
| Others | 0 | 0 | 0 |
| Total | 2.04 | 2.04 | 2.04 |
* The pros and cons are machine generated.
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