🚲 Atlas Cycles Q4 Results: ₹951 Lakh Profit, ₹2,880 Cr Revenue — But the Real Wheelie is the 5% UC at ₹128!
📌 At a glance:
Atlas Cycles (Haryana) just dropped a ₹951 lakh net profit in FY25 — a massive swing from the scrapyard of previous years. Revenue hit ₹2,880 lakh, and EPS stands at ₹14.63 (adjusted: ₹12.75). CMP hit ₹128 after a 5% UC. Is this the return of India’s OG bicycle king, or just a nostalgia rally with training wheels?
🏢 About the Company
Founded: 1950, Sonepat (Haryana)
Legacy: Once India’s largest bicycle manufacturer, exporting globally
Brands: Atlas, Super, Atlas Goldline
Fun Fact: Atlas sponsored the Indian Olympic team… in the ’80s
Once a household name. Then COVID broke the supply chain, and Atlas became the next Lehman of Ludhiana.
👨🔧 Key Managerial Personnel
Name
Role
C.M. Dhall
Whole-Time Director
Kartik Roop Rai
Director
Rashpal Singh
Company Secretary
Dinesh Nangru & Co.
Auditor (Modified Opinion)
💣 Audit remarks? 5 major qualifications including missing interest provisions, unrecorded audit fees, export discrepancies, and ERP crashes. Basically… accounting on Excel, praying on Tally.
