ATV Projects India Ltd.
Snapshot View

9.46 +0.02 ▲0.2%

18 May 2022, 04:01:00 PM
Volume: 7,607

Overview View Details

Sector Capital Goods Compare with Sector peers
Industry Engineering - Industrial Equipments Compare with Industry peers
Website http://www.atvprojects.co.in
Market Cap 49.88 Cr.
Enterprise Value(EV) 104.21 Cr. 2022-03
Financial Indicators
Earnings per share (EPS) 1.51 Trailing Twelve Months Ending 2022-03
Price-Earning Ratio (PE) 6.24 Trailing Twelve Months Ending 2022-03
Industry PE 41.71 Trailing Twelve Months Ending 2022-03
Book Value / Share 35.32 Trailing Twelve Months Ending 2022-03
Price to Book Value 0.27 Calculated using Price: 9.39
Dividend Yield 0.00 Period Ending 2021-03
No. of Shares Subscribed 5.31 Cr. 53,117,425 Shares
FaceValue 10
Company Profile

ATV Projects India, incorporated on February 26, 1987, is engaged in the business of executing turnkey projects. The company's manufacturing facilities are located at Mathura in Uttar Pradesh, Mumbai and Nagothane in the Raigad district of Maharashtra. The thermoplastic elastomer plant at Nagothane has been idle for over five years on account of non-availability of working capital. The company is sick industrial company and is registered with the Board of Industrial and Financial Reconstruction (BIFR).

Milestones:

1987 • The company was incorporated on February 26, at Mumbai with the object of taking over Anand Tanks & Vessels Pvt. Ltd, a company executing projects on a turnkey basis under a scheme of amalgamation.

• Anand Tanks & Vessels was amalgamated with the company effective September 28.

• The main object and activities of the company include fabrication and manufacture of full range of tanks and vessels for sugar and other industries, manufacture of effluent treatment and LPG bullets used for transportation of liquid petroleum gas and undertaking turnkey projects for petrochemicals, pharmaceuticals etc.

• As per the Bombay High Court order dated June 18, Anand Tanks & Vessels was amalgamated with the company, with effect from April 1.

• An agreement was signed with Ishiwakajima Harima Heavy Industries Co Ltd, Japan for expansion and modernisation of the Mathura works to undertake manufacture of equipment for high-tech process industries like petroleum, petro-chemical, power, fertilisers and for welding and fabrication of exotic metals.

• The company was selected as a joint co-promoter by the Pradeshiya Industrial and Investment Corporation of UP Ltd. (PICUP) for the setting up of a plant with a licenced capacity to manufacture 5,000 tonnes per annum of MMA monomer and 6,000 tonnes per annum of PMMA products. • In the power field, an agreement was signed with SEMT - Pielstick of France to produce and supply generating sets rated from 6 MW to 20 MW.

• As on September 30, the company's land, building, plant and machinery were revalued and the net surplus of Rs 16,649 lakh arising out of this was credited to the revaluation reserve.

1988 • The company installed additional facilities with respect to expansion of the main factory building, installation of additional equipments and improved site facilities. Also, in order to gear up the Mathura unit into a full-fledged in-house manufacturing facility, certain balancing and modernizing equipments were added.  

 1989 • The company signed a technical collaboration agreement with Dedini S.A Mettalurgica of Brazil for the manufacture of bagasse-based boilers, which are to be used in sugar plants. 

1990 • The company signed a technical know-how agreement with Filex Corporation, Houston, USA, for the manufacture of thermoplastic elastomers with a capacity of 20,000 tonnes per annum. Under the agreement, the collaborator was to supply the process, know-how, services of experts, training, start-up and commissioning assistance as well as assistance for the development, application and marketing for the product.

• The company acquires 50 acres of land at villages Balasai and Godsai near Nagothane in the Raigad district of Maharashtra.       

1991• The company entered into a fresh agreement under which it would act in consortium for the supply of equipment and services in respect of the orders negotiated by the French company with state electricity boards in India.

• ATV Projects entered into an agreement with a Dutch organisation -- Stock Industrial Engineering B V -- for the manufacture of three roller mills, which give a higher efficiency and output for sugarcane crushing in sugar plants.

• The company entered into a joint venture agreement for a project with two leading industrialists of Malaysia to set up an integrated sugar complex comprising sugar plantation, sugar mill and other related facilities. The joint venture agreement envisages that the company, as a foreign shareholder, will hold 50% of the equity capital of the new Company Gula Sabah Sdn. Bhd.  

1992 • The company undertook to set up a plant at Nagathane, Dist Raigad, Maharashtra for the manufacture of 20,000 TPA of thermoplastic elastomer, a product that finds application in industries such as footwear, automobiles, cables, adhesives, moulded luggage, etc. • Further expansion of compounding facility was proposed to be set up at Silvassa. Technologists of the project were trained at Applicazioni Plastiche Industrial spa, Italy.

• The company had set up a joint venture in the name of Gula Subah Sdn Bhd with two leading industrialists of Malaysia wherein the foreign shareholder was to hold 50% in the equity share of the joint venture. Pending certain clearances from the Malaysian government, further implementation of the joint venture was kept in abeyance.

• The company was promoted to undertake manufacture of 1,20,000 TPA of purified Terephthalic Acid at Chatha, Dist, Mathura, UP. 

1993 • The Mathura division manufactured two stage electrostatic desalter of 5.5 million tonnes capacity for Mathura refinery of the Indian Oil Corporation.

• Based on the technical know-how secured from Stock international, the division manufactured a roller crane crushing mill for a sugar factory in Akola.

• Project and construction division was expanded, all the systems were computerised and modernised and its capacity was strengthened to execute projects.

• The petro pipe division was being developed at the Mathura works.

1994 • After switching over to computerised design system. The project and construction division tied up with renowned engineering companies in the field of oil, gas and power for bidding and execution of international tenders.

• International division has been set up for global contacts. The first step is to enter into world market where products cycles are very short.

• The company undertook to set up its own TPE compounding unit at Nagothane, consisting of 5 lines and 15000 TPA capacity.

• The company undertook to set up a plant for manufacture of sugar and another for dairy products, 60 acres of land was acquired at Mant, UP

Business areas of the company:

The company undertakes conversion jobs for power plants, boilers, heat exchangers and other works, supplying equipment for several industries such as sugar, fertilizer, chemical, petrochemicals, steel, power, nuclear power, and allied industries by manufacturing equipment parts and components at its Mathura plant and executing the remaining parts at various sites of its clients.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+0.21%
1 Week
+0.11%
1 Month
-15.38%
3 Month
-21.82%
6 Month
-17.09%
1 Year
+70.76%
2 Year
+187.54%
5 Year
+35.92%
10 Year
+258.33%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 26.66 -2.03 1.36 3.78
Return on Capital Employed (%) 0.51 0.69 14.25 2.69 61.09 15.64 -1.42 1.14 3.03
Return on Assets (%) 0.48 0.64 13.23 2.51 56.97 14.47 -1.33 0.93 2.65

Balance Sheet View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03* Rs. Cr.
Shh. Funds -239 -238 -149 -142 110 179 180 182 183 187
Non Curr. Liab. 406 404 410 402 128 79 72 64 64 56
Curr. Liab. 98 105 18 19 15 21 17 13 14 20
Minority Int.
Equity & Liab. 264 271 279 278 253 279 269 260 262 263
Non Curr. Assets 227 226 226 222 184 221 226 222 218 214
Curr. Assets 37 45 53 57 69 57 43 38 44 49
Misc. Exp. not W/O
Total Assets 264 271 279 278 253 279 269 260 262 263

Profit Loss View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. TTM
Net Sales 39 56 63 76 60 54 41 38 34 33
Other Income 3 1 1 3 1 2 0 0 0 1
Total Income 42 57 64 79 60 56 41 38 34 33
Total Expenditure -39 -54 -61 -72 -55 -53 -38 -34 -30 -29
PBIDT 2 3 3 7 6 3 3 4 4 4
Interest 0 0 0
Depreciation -1 -1 0 0 -1 -1 -1 -1 -1 -1
Taxation 0 0 0 0 -1 1
Exceptional Items 34 146 36 -6 4 4
PAT 1 2 36 7 151 38 -4 2 7 8
Adjusted EPS 0 0 7 1 29 7 -1 0 1 2

Cash Flow View Details

Particulars 10 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 64 11 3 -8 11 -14 21 4 9 -5
Cash Fr. Inv. -1 -1 -1 0 -3 14 33 -1 0 4
Cash Fr. Finan. -62 -10 -2 9 -8 0 -50 -7 -8 0
Net Change 0 0 0 0 0 0 4 -4 1 -1
Cash & Cash Eqvt 1 0 0 1 1 1 5 1 2 1

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 27.13 27.13 27.13 27.13 27.13 27.13 27.13 27.13 27.13
Public 72.87 72.87 72.87 72.87 72.87 72.87 72.87 72.87 72.87
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 4.14 4.14 4.14 4.14 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Sun, 15 May 2022
Announcement under Regulation 30 (LODR)-Newspaper Publication
SUBMISSION OF QUARTER AND YEARLY FINANCIAL RESULT DULY PUBLISHED IN NEWSPAPERS UNDER REGULATION 47 OF SEBI (LODR) 2015 FOR THE QUARTER AND YEAR ENDED 31.03.2022.
Fri, 13 May 2022
Results Financial For The Quarter & Year Ended 31.03.2022 Under Regulation 33 Of SEBI LODR 2015
Pursuant to regulation 30 & 33 (1) of the SEBI ( Listing Obligation and Disclosure Requirements) Regulation 2015 the Board of Directors of the Company has considered and approved the Quarter and yearly Audited Financial Results of the Company and Auditor Report for the year ended 31.03.2022 including Cashflow.

We enclosed herewith copy of Audited Financial Results including Cash Flow Quarterly Results Statement of Assets & Liabilities along with auditor report for the quarter and year ended 31.03.2022.
Fri, 13 May 2022
Board Meeting Outcome for Outcome Of Meeting- Audited Financial Results For The Period Ended On March 31 2022
Dear Sir

Pursuant to regulation 30 & 33(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 and further to the Companys letter dated 04.05.2022 intimating the date of Board Meeting We wish to inform that the Board of Directors at its meeting held today viz. 13.05.2022 inter alia considered and approved the following:

Technical Scans View Details

Wed, 18 May 2022
Close Crossing Last Month Low Close Crossing Last Month Low
High Decrease 1 Month High Decrease 1 Month
High Decrease 3 Months High Decrease 3 Months
High Increase 1 Year High Increase 1 Year
High Increase 2 Years High Increase 2 Years

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