ATLANTAAServices

ATLANTAA LIMITED

Road Assets–Toll, Annuity, Hybrid-Annuity · ISIN INE285H01022 · BSE 532759 · NSE EQ · FV ₹2
Last price
₹36
-0.69%today
What this company does

ATLANTAA LIMITED operates in Road Assets–Toll, Annuity, Hybrid-Annuity, part of the Services sector. It booked ₹18 cr of revenue in its latest quarter (Q1 FY27) and kept -27.6% of sales as profit. It is the 4th largest of 7 Road Assets–Toll, Annuity, Hybrid-Annuity companies we track, by market value.

In the report:
30out of 100
Equitytale Health Score
Strained

Healthier than 30% of companies in Services, on all six measures of filed financials. Each measure is ranked against the 75–116 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
40

At close. Not part of the score.

Profitability & returns6

How much profit it earns on the money it employs

Balance sheet11

How much it owes, and whether earnings cover the interest

Cash quality34

Whether reported profit actually arrives as cash

Growth & consistency8

Whether sales and profit have grown, and how steadily

Valuation67

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Some things to watch
Strengths
Sales up 26% vs last year
Promoters hold 75%
No promoter shares pledged
Watch-outs
! Currently loss-making
! Thin -27.6% net margin
! Low -9.5% return on equity
! Carries high debt (D/E 1.5)
! Operating cash flow is negative

What if I invest in ATLANTAA?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹36 -0.69%
latest close · 2026-09-17
1-year return
+185.1%
52-wk low ₹1252-wk high ₹50
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/B ratio1.39Moderate
Below bookModerateHigh
EV / EBITDA19.2High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity-9.5%Loss
WeakFairStrong ▸15%
Return on capital-3.1%Loss
WeakFairStrong
Net margin-27.6%Loss
ThinDecentStrong
EBITDA margin42.3%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity1.47High
LowModerateHigh ▸1
Interest cover-0.9×Risky
RiskyOkayStrong ▸5×
Current ratio1.60Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹295 cr
Book value
₹26
EPS
₹-0.62
latest quarter
Net debt
₹302 cr
owes more than its cash
Enterprise value
₹597 cr
EBITDA
₹31 cr
annualised
EBIT
₹-10 cr
annualised
Operating margin
-13.9%
Return on assets
-3.6%
Earnings yield
P/S
4.02
Sales / share
₹9.0
Tax rate
Face value
₹2
Shares
8.2 cr
Working capital
₹140 cr
Current assets
₹375 cr
Current liabilities
₹235 cr
Delivery %
69.3%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹434₹434, midpoint ₹434

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹18 cr
Other Income₹4 cr
Total Income₹22 cr
Cost of Materials₹7 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹2 cr
Finance Costs₹3 cr
Depreciation & Amortisation₹10 cr
Other Expenses₹6 cr
Total Expenses₹28 cr
Profit before Tax₹-5 cr
Tax Expense₹-33.3 L
Net Profit₹-5 cr
Net margin on total income-22.8%
Where the money goes · Q1 FY27
% of total spend
Materials + stock-in-trade₹7 cr24.2%
Employee benefit expense₹2 cr7.4%
Finance costs₹3 cr10.3%
Depreciation & amortisation₹10 cr37.3%
Other expenses₹6 cr20.7%
Total income ₹22 cr

The company made a net loss of ₹5 cr this quarter — income covered only 80 of every ₹100 it spent on costs and tax.

Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue17 cr31 cr18 cr
Total income23 cr35 cr22 cr
Expenses24 cr7 cr28 cr
Profit before tax-1 cr28 cr-5 cr
Tax-26 L6 cr-33.3 L
Net profit (owners' share)-79.7 L22 cr-5 cr
Net margin (owners' share, on revenue)-4.8%70.8%-27.6%
EPS (₹)-0.102.65-0.62
YoY (latest quarter): total income +16.3% · net profit
Balance sheet & cash flow · as of Mar 2026
High debt
Total assets
₹566 cr
Shareholder equity
₹213 cr
parent shareholders
Total debt
₹315 cr
Cash
₹13 cr
Cash flow · H1 FY26
Operating
₹-16 cr
Investing
₹15 cr
Financing
₹-24 cr
Peer comparison
Road Assets–Toll, Annuity, Hybrid-Annuity · by market value
CompanyPriceMarket capP/E
BF Utilities Limited₹521₹4,845 cr11.8
Innovision Limited₹254₹657 cr
Highway Infrastructure Limited₹43₹309 cr67.3
ATLANTAA LIMITEDthis company₹36₹295 cr
Noida Toll Bridge Company Limited₹4₹74 cr3.4
Gayatri Highways Limited₹2₹45 cr
MEP Infrastructure Developers Limited₹1₹12 cr
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹0.3
ex 19 Sep 2018
ActionDetailEx-date
Dividend₹0.3 / share19 Sep 2018
Dividend₹0.3 / share21 Jul 2017
Dividend₹0.3 / share18 Sep 2015
Dividend₹0.24 / share31 Jul 2014
Dividend₹0.2 / share20 Sep 2012
Who owns it · 2026-06-30
No pledge
Promoter
74.7%
FII / Foreign
0.0%
DII / Domestic
Retail / others
25.3%
Promoter stake up 2.7% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtBhavana Rajhoo Bbarot · Promoters94,000 · ₹14.7 L27 Mar 23
BoughtRIKIIN BBAROT · Promoters3,171 · ₹61,83531 Mar 22
BoughtRAJHOO AMBALAL BBAROT · Promoters2,303 · ₹44,93231 Mar 22
Bulk / block deals
SoldSHARE INDIA SECURITIES LIMITED · NSE4.76 L @ ₹63.996 Oct 25
BoughtSHARE INDIA SECURITIES LIMITED · NSE4.76 L @ ₹65.066 Oct 25
SoldNEO APEX SHARE BROKING SERVICES LLP · NSE5.43 L @ ₹66.096 Oct 25
Stake changes
BoughtShree Vaibhavlakshmi Properties Private Ltd · promoter→ 2.43% · 2.28 L24 Sep 24
BoughtSHREE VAIBHAVLAKSHMI PROPERTIES PEIVATE LIMITED · promoter→ 2.15% · 80,00012 Sep 24
BoughtShree Vaibhavlakshmi Properties Private Ltd · promoter→ 2.06% · 3.56 L11 Sep 24
Promoter pledges
InvokedSBICAP Trustee Company Limited14.00 L · 12.82% held23 May 19
InvokedSBICAP Trustee Company Limited8.00 L · 5.80% held23 May 19
InvokedSBICAP Trustee Company Limited8.00 L · 8.66% held23 May 19
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 29 Sep 2025
See the official result
1
To consider and adopt (a) The audited Standalone financial statement of the Company for the financial year ended March 31, 2025 and Annual report and Auditors report thereon; and (b) The audited consolidated financial statement of the Company for the financial year ended March 31, 2025 and the report of Auditors thereon.
Backed by 97% of shareholders other than promotersneeded 50%
1.05 L votes for, 2,764 against
2
To appoint a director in place of Mr. Rajhoo A Bbarot (DIN: 00038219), who retires by rotation and being eligible, offers himself for reappointment.
Promoters had a personal stake in this
Backed by 97% of shareholders other than promotersneeded 50%
1.05 L votes for, 2,764 against
3
To appoint M/s. Sandeep Dubey & associates, as Secretarial Auditor of the Company.
Backed by 97% of shareholders other than promotersneeded 50%
1.05 L votes for, 2,764 against
4
Re-Appointment of Mr. Rickiin R Bbarot as managing director of the company for the period of 5 years with effect from 31st December 2025.
Promoters had a personal stake in this
Backed by 97% of shareholders other than promotersneeded 75%
1.05 L votes for, 2,765 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 12 named members
owning 74.7% between them · as of 2026-06-30
RICKIIN BBAROT24.63%
BHAVANA RAJHOO BBAROT20.61%
RAJHOO AMBALAL BBAROT12.45%
RIDDHIMA M DOSHI5.97%
VAIKUNTAM REALTY PRIVATE LIMITED5.14%
SHREE VAIBHAVLAKSHMI PROPERTIES PRIVATE LIMITED2.43%
RAJHOO A BBAROT1.72%
AMBALAL P BAROT HUF .0.99%
Business done with them
FY2025 · 3 of the group
The company paid ₹0 cr to companies in the promoter group last year — about 0.0% of its ₹68 cr revenue and received ₹25 cr back from them.
VAIKUNTAM REALTY PRIVATE LIMITED
Contribution received from them · As mentioned in Balancesheet
also owns 5.14% of the company
₹17 cr
company received
Rickiin Bbarot
Contribution received from them · As mentioned in Balancesheet
also owns 24.63% of the company
₹7 cr
company received
SHREE VAIBHAVLAKSHMI PROPERTIES PRIVATE LIMITED
Contribution received from them · As mentioned in Balancesheet
also owns 2.43% of the company
₹2 cr
company received

The company also transacted with 16 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.