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About Atlas Cycles (Haryana) Limited
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Atlas Cycles (Haryana) Limited is a public limited company based in Sonipat, Haryana, India. It operates in the bicycle mfg and retail segment of the automotive sector. It was incorporated on 31 May 1950 and has been in existence for over 76 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN L35923HR1950PLC001614. Its GSTIN is 06AABCA8412C1Z9 (Haryana). The company holds 10 GST registrations, of which 4 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 505029 and NSE: ATLASCYCLE.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹3.25 Cr. It was formerly known as Atlas Cycle Industries Limited and The Atlas Cycle Industries Limited. It is led by directors including Sanjiv Kavaljit Singh and Kartik Roop Rai.
Its last annual general meeting (AGM) was held on 11 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Industrial Areasonepat, Sonipat, Haryana, India – 131001.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹6.9 Cr, a decline of 59.7% compared to the previous year. For the same year it recorded a net loss of ₹8.05 Cr (net margin -116.7%) and EBITDA of -₹6.76 Cr (EBITDA margin -98%). The net worth stands at ₹379.51 Cr (down 2.1% YoY). Total assets are valued at ₹429.27 Cr (up 3.6% YoY).
The company has about 13 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 1 brand: Atlas Cycles. As per MCA filings, the company has satisfied charges of ₹290.83 Cr on record. Court records list 196 cases involving the company, including 79 filed by the company and 117 filed against it; 50 cases are pending. The company has 158 deals on record (158 market trades); the latest was in September 2026.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website atlascycles.com.
Company details
Name history
Atlas Cycles (Haryana) has undergone 2 name changes throughout its history. The company was previously known as Atlas Cycle Industries Limited, and The Atlas Cycle Industries Limited. The current legal name is Atlas Cycles (Haryana) Limited.
| Company Name | Status |
|---|---|
| Atlas Cycles (Haryana) Limited | Current |
| Atlas Cycle Industries Limited | Previous |
| The Atlas Cycle Industries Limited | Previous |
Contact details
Atlas Cycles (Haryana) Limited's registered office is in Sonipat, Haryana. Its website is atlascycles.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressIndustrial Areasonepat, Sonipat, Haryana, India – 131001
- IndustryAutomotive, Bicycle Mfg & Retail
To see the full contact details of Atlas Cycles (Haryana) Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Atlas Cycles (Haryana) operates one associated brand: Atlas Cycles. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Brand of cycles | atlasbicycles.com |
Business activity
The main business activity of Atlas Cycles (Haryana) is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Atlas Cycles (Haryana) Limited, buy the company report.
Financials of Atlas Cycles (Haryana) Limited
FY 2025-26 filings availableAtlas Cycles (Haryana) Limited reported revenue of ₹6.9 Cr (down 59.7% YoY) for FY 2025-26.
Financial Highlights
FY 2023-24 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 6.36 | 1.73 | 3.42 | 17.30 | 156 | 538 | 650 |
| Revenue growth | +267.6% | -49.4% | -80.2% | -88.9% | -71.0% | -17.2% | - |
| EBITDA | (46.54) | (21.05) | (26.03) | (31.62) | (37.27) | (45.77) | 9.51 |
| EBITDA margin | -731.8% | -1216.8% | -761.1% | -182.8% | -23.9% | -8.5% | +1.5% |
| Profit before tax | 0.76 | (23.31) | (28.75) | (35.25) | (6.89) | (56.45) | (1.98) |
| Net profit | (48.45) | (17.86) | (28.55) | (35.24) | (34.03) | (39.84) | (3.32) |
| Net profit margin | -761.8% | -1032.4% | -834.8% | -203.7% | -21.8% | -7.4% | -0.5% |
| EPS (₹) | 1.01 | (35.82) | (44.23) | (54.19) | 4.79 | (70.49) | 0.00 |
| Balance sheet | |||||||
| Total assets | 395 | (15.13) | 11.89 | 36.77 | 67.89 | 140 | 176 |
| Net worth | 378 | (32.56) | (9.26) | 19.48 | 54.72 | 51.61 | 97.45 |
| Total debt | 9.00 | 9.00 | 9.00 | 9.00 | 9.26 | 60.52 | 52.75 |
| Cash & bank | 0.44 | 0.53 | 1.44 | 1.23 | 4.21 | 3.77 | 4.77 |
| Net working capital | (62.08) | (80.20) | (65.55) | (47.80) | (22.00) | 21.27 | 50.36 |
| Cash flow | |||||||
| Cash from operations | (51.09) | (5.40) | (4.15) | (3.05) | (11.09) | (10.44) | 34.40 |
| Cash from investing | 51.03 | 4.54 | 4.42 | 0.15 | 72.06 | 7.59 | (0.11) |
| Cash from financing | (0.04) | (0.05) | (0.10) | (0.08) | (60.52) | 2.27 | (44.16) |
| Particulars | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3.30 | 1.30 | 1.63 | 0.00 | 0.00 | 0.18 | 0.66 | 0.90 |
| Revenue growth (YoY) | - | +622.2% | +147.0% | -100.0% | -100.0% | - | - | - |
| Other income | 49.96 | 0.12 | 1.10 | 1.09 | 0.01 | 0.00 | 0.03 | 0.00 |
| EBITDA | (43.26) | (2.43) | (2.70) | (0.93) | (7.46) | (3.06) | (8.06) | (4.99) |
| EBITDA margin | -1310.9% | -186.9% | -165.6% | - | - | -1700.0% | -1221.2% | -554.4% |
| Depreciation | (0.06) | 0.55 | 1.11 | 0.56 | 0.56 | 0.57 | 0.58 | 0.57 |
| Interest | 0.03 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.02 | 0.04 |
| Profit before tax | 6.73 | (2.86) | (2.71) | (0.40) | (8.02) | (3.63) | (8.63) | (5.60) |
| Tax | 0.10 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | 6.63 | (2.86) | (2.71) | (0.40) | (8.02) | (3.63) | (8.63) | (5.60) |
| EPS (₹) | 10.19 | (4.41) | (4.16) | (0.61) | (12.34) | (5.59) | (13.28) | (8.62) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 6.90 | 17.14 | 6.36 | 1.73 | 3.42 | 17.30 | 156 |
| Revenue growth | -59.7% | +169.5% | +267.6% | -49.4% | -80.2% | -88.9% | - |
| EBITDA | (6.76) | (0.26) | (46.66) | (20.99) | (26.20) | (31.56) | (37.26) |
| EBITDA margin | -98.0% | -1.5% | -733.7% | -1213.3% | -766.1% | -182.4% | -23.9% |
| Profit before tax | (8.05) | 9.52 | 0.64 | (23.25) | (28.72) | (35.19) | (6.88) |
| Net profit | (8.05) | 8.89 | (48.57) | (17.80) | (28.52) | (35.18) | (34.02) |
| Net profit margin | -116.7% | +51.9% | -763.7% | -1028.9% | -833.9% | -203.4% | -21.8% |
| EPS (₹) | (12.36) | 14.63 | 0.83 | (35.75) | (44.16) | (54.11) | 4.80 |
| Balance sheet | |||||||
| Total assets | 429 | 415 | 395 | (14.86) | 12.11 | 36.96 | 73.94 |
| Net worth | 380 | 388 | 378 | (32.30) | (9.05) | 19.67 | 54.87 |
| Total debt | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.26 |
| Cash & bank | 2.78 | 0.82 | 0.44 | 0.52 | 1.42 | 1.24 | 4.11 |
| Net working capital | (24.13) | (40.50) | (62.06) | (80.21) | (65.35) | (47.85) | (16.20) |
| Cash flow | |||||||
| Cash from operations | 1.89 | (0.65) | (51.20) | (5.39) | (4.12) | (11,270) | (11.18) |
| Cash from investing | 0.08 | 1.32 | 51.18 | 4.54 | 4.42 | 11,267 | 72.06 |
| Cash from financing | (0.01) | (0.12) | (0.07) | (0.05) | (0.10) | (0.08) | (60.52) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.54 | 1.45 | 1.52 | 1.95 | 1.98 | 3.67 | 2.20 | 3.70 |
| Revenue growth (YoY) | -22.2% | -60.5% | -30.9% | -47.3% | -17.2% | - | - | - |
| Other income | 0.00 | 0.08 | 0.00 | 0.01 | 0.15 | 1.34 | 2.00 | 11.17 |
| Total expenses | 3.02 | 3.87 | 2.58 | 3.91 | 3.28 | 3.81 | 3.36 | 5.64 |
| EBITDA | (1.48) | (2.42) | (1.06) | (1.96) | (1.30) | (0.14) | (1.16) | (1.94) |
| EBITDA margin | -96.1% | -166.9% | -69.7% | -100.5% | -65.7% | -3.8% | -52.7% | -52.4% |
| Depreciation | 0.44 | 0.21 | 0.44 | 0.44 | 0.44 | 0.19 | 0.50 | 0.50 |
| Interest | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.03 | 0.08 | 0.01 |
| Profit before tax | (1.92) | (2.56) | (1.50) | (2.39) | (1.59) | 0.98 | 0.26 | 8.72 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Financial Statements
| Particulars | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3.30 | 1.30 | 1.63 | 0.00 | 0.00 | 0.18 | 0.66 | 0.90 |
| Revenue growth (YoY) | - | +622.2% | +147.0% | -100.0% | -100.0% | - | - | - |
| Other income | 49.96 | 0.12 | 1.10 | 1.09 | 0.01 | 0.00 | 0.03 | 0.00 |
| EBITDA | (43.26) | (2.43) | (2.70) | (0.93) | (7.46) | (3.06) | (8.06) | (4.99) |
| EBITDA margin | -1310.9% | -186.9% | -165.6% | - | - | -1700.0% | -1221.2% | -554.4% |
| Depreciation | (0.06) | 0.55 | 1.11 | 0.56 | 0.56 | 0.57 | 0.58 | 0.57 |
| Interest | 0.03 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.02 | 0.04 |
| Profit before tax | 6.73 | (2.86) | (2.71) | (0.40) | (8.02) | (3.63) | (8.63) | (5.60) |
| Tax | 0.10 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | 6.63 | (2.86) | (2.71) | (0.40) | (8.02) | (3.63) | (8.63) | (5.60) |
| EPS (₹) | 10.19 | (4.41) | (4.16) | (0.61) | (12.34) | (5.59) | (13.28) | (8.62) |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Revenue | 6.36 | 1.73 | 3.42 | 17.30 | 156 | 538 | 650 |
| Revenue growth | +267.6% | -49.4% | -80.2% | -88.9% | -71.0% | -17.2% | - |
| Other income | 49.50 | 0.08 | 0.57 | 0.07 | 44.20 | 0.56 | 2.62 |
| Total expenses | 52.90 | 22.78 | 29.45 | 48.92 | 193 | 584 | 640 |
| Employee cost | 2.68 | 7.02 | 13.30 | 19.10 | 34.79 | 36.45 | 38.98 |
| EBITDA | (46.54) | (21.05) | (26.03) | (31.62) | (37.27) | (45.77) | 9.51 |
| EBITDA margin | -731.8% | -1216.8% | -761.1% | -182.8% | -23.9% | -8.5% | +1.5% |
| Depreciation | 2.16 | 2.29 | 3.19 | 3.62 | 4.40 | 4.21 | 4.28 |
| Interest | 0.04 | 0.05 | 0.10 | 0.08 | 9.42 | 7.03 | 9.83 |
| Profit before tax | 0.76 | (23.31) | (28.75) | (35.25) | (6.89) | (56.45) | (1.98) |
| Tax | 0.10 | 0.00 | 0.00 | 0.00 | (9.99) | (10.60) | (0.36) |
| Net profit | (48.45) | (17.86) | (28.55) | (35.24) | (34.03) | (39.84) | (3.32) |
| Net profit margin | -761.8% | -1032.4% | -834.8% | -203.7% | -21.8% | -7.4% | -0.5% |
| EPS (₹) | 1.01 | (35.82) | (44.23) | (54.19) | 4.79 | (70.49) | 0.00 |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 |
| Reserves & surplus | 375 | (35.81) | (12.51) | 16.23 | 51.47 | 48.36 | 94.20 |
| Shareholders' funds (net worth) | 378 | (32.56) | (9.26) | 19.48 | 54.72 | 51.61 | 97.45 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 9.00 | 9.00 | 9.00 | 9.00 | 9.52 | 60.52 | 54.70 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | (0.26) | 0.00 | (1.95) |
| Total debt | 9.00 | 9.00 | 9.00 | 9.00 | 9.26 | 60.52 | 52.75 |
| Total liabilities | 395 | (15.13) | 11.89 | 36.77 | 67.89 | 140 | 176 |
| Assets | |||||||
| Gross block | 503 | 104 | 125 | 131 | 134 | 176 | 191 |
| Net block | 427 | 21.01 | 33.20 | 38.48 | 44.28 | 81.33 | 88.26 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 2.07 | 0.00 | 1.95 | 1.32 |
| Investments | 0.01 | 0.17 | 0.22 | 0.22 | 0.22 | 0.22 | 11.55 |
| Inventories | 3.83 | 11.35 | 16.65 | 21.11 | 31.39 | 41.58 | 60.58 |
| Sundry debtors | 2.67 | 18.69 | 21.14 | 26.09 | 36.67 | 97.54 | 169 |
| Cash & bank balances | 0.44 | 0.53 | 1.44 | 1.23 | 4.21 | 3.77 | 4.77 |
| Loans & advances | 17.78 | 19.59 | 19.31 | 19.94 | 26.83 | 28.02 | 25.45 |
| Total current assets | 24.72 | 50.16 | 58.54 | 68.37 | 99.10 | 171 | 260 |
| Total current liabilities | 86.80 | 130 | 124 | 116 | 121 | 150 | 209 |
| Net working capital | (62.08) | (80.20) | (65.55) | (47.80) | (22.00) | 21.27 | 50.36 |
| Total assets | 395 | (15.13) | 11.89 | 36.77 | 67.89 | 140 | 176 |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.36 | 1.27 | 0.00 | 4.02 | 3.58 | 4.16 | 14.04 |
| Net cash from operating activities | (51.09) | (5.40) | (4.15) | (3.05) | (11.09) | (10.44) | 34.40 |
| Net cash from investing activities | 51.03 | 4.54 | 4.42 | 0.15 | 72.06 | 7.59 | (0.11) |
| Net cash from financing activities | (0.04) | (0.05) | (0.10) | (0.08) | (60.52) | 2.27 | (44.16) |
| Net change in cash | (0.09) | (0.91) | 0.17 | (2.98) | 0.44 | (0.58) | (9.87) |
| Closing cash | 0.44 | 0.53 | 1.44 | 1.23 | 4.21 | 3.77 | 4.77 |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +267.6% | -49.4% | -80.2% | -88.9% | -71.0% | -17.2% | - |
| EBITDA growth | -121.1% | +19.1% | +17.7% | +15.2% | +18.6% | -581.3% | - |
| PBT growth | +9998.0% | +18.9% | +18.4% | -411.6% | +87.8% | -2751.0% | - |
| Net income growth | -171.3% | +37.4% | +19.0% | -3.6% | +14.6% | -1100.0% | - |
| Revenue CAGR (3Y) | -28.4% | -77.7% | -81.5% | -70.1% | -38.9% | -3.4% | +1.8% |
| EBITDA CAGR (3Y) | +13.8% | -17.3% | -17.2% | - | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +10.4% | -1347.4% | -840.6% | -203.8% | +2.0% | -8.5% | -0.3% |
| Return on capital employed | -76.2% | 0.0% | 0.0% | 0.0% | -25.3% | 0.0% | 0.0% |
| Return on net worth | -105.1% | 0.0% | 0.0% | 0.0% | -39.4% | 0.0% | 0.0% |
| Debt / equity | 0.00 | 0.00 | 1.76 | 0.25 | 0.68 | 0.80 | 0.77 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 | 0.06 |
| Interest cover | -0.08 | -0.21 | -0.34 | -0.23 | -22.61 | -14.07 | 187.95 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.06 | 0.02 | 0.03 | 0.13 | 1.02 | 3.00 | 3.53 |
| Inventory turnover | 0.84 | 0.12 | 0.18 | 0.66 | 4.27 | 10.54 | 11.92 |
| Debtors turnover | 0.60 | 0.09 | 0.14 | 0.55 | 2.32 | 4.04 | 4.25 |
| EPS (₹) | 1.01 | (35.82) | (44.23) | (54.19) | 4.79 | (70.49) | 0.00 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | (48.83) | (50.07) | (14.25) | 29.96 | 84.14 | 73.36 | 143.85 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.54 | 1.45 | 1.52 | 1.95 | 1.98 | 3.67 | 2.20 | 3.70 |
| Revenue growth (YoY) | -22.2% | -60.5% | -30.9% | -47.3% | -17.2% | - | - | - |
| Other income | 0.00 | 0.08 | 0.00 | 0.01 | 0.15 | 1.34 | 2.00 | 11.17 |
| Total expenses | 3.02 | 3.87 | 2.58 | 3.91 | 3.28 | 3.81 | 3.36 | 5.64 |
| EBITDA | (1.48) | (2.42) | (1.06) | (1.96) | (1.30) | (0.14) | (1.16) | (1.94) |
| EBITDA margin | -96.1% | -166.9% | -69.7% | -100.5% | -65.7% | -3.8% | -52.7% | -52.4% |
| Depreciation | 0.44 | 0.21 | 0.44 | 0.44 | 0.44 | 0.19 | 0.50 | 0.50 |
| Interest | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.03 | 0.08 | 0.01 |
| Profit before tax | (1.92) | (2.56) | (1.50) | (2.39) | (1.59) | 0.98 | 0.26 | 8.72 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 6.90 | 17.14 | 6.36 | 1.73 | 3.42 | 17.30 | 156 |
| Revenue growth | -59.7% | +169.5% | +267.6% | -49.4% | -80.2% | -88.9% | - |
| Other income | 0.25 | 11.66 | 49.50 | 0.08 | 0.77 | 0.07 | 44.20 |
| Total expenses | 13.66 | 17.40 | 53.02 | 22.72 | 29.62 | 48.86 | 193 |
| Employee cost | 1.94 | 2.27 | 2.68 | 7.02 | 13.30 | 19.10 | 34.79 |
| EBITDA | (6.76) | (0.26) | (46.66) | (20.99) | (26.20) | (31.56) | (37.26) |
| EBITDA margin | -98.0% | -1.5% | -733.7% | -1213.3% | -766.1% | -182.4% | -23.9% |
| Depreciation | 1.53 | 1.76 | 2.16 | 2.29 | 3.19 | 3.62 | 4.40 |
| Interest | 0.01 | 0.12 | 0.04 | 0.05 | 0.10 | 0.08 | 9.42 |
| Profit before tax | (8.05) | 9.52 | 0.64 | (23.25) | (28.72) | (35.19) | (6.88) |
| Tax | 0.00 | 0.00 | 0.10 | 0.00 | 0.00 | 0.00 | (9.99) |
| Net profit | (8.05) | 8.89 | (48.57) | (17.80) | (28.52) | (35.18) | (34.02) |
| Net profit margin | -116.7% | +51.9% | -763.7% | -1028.9% | -833.9% | -203.4% | -21.8% |
| EPS (₹) | (12.36) | 14.63 | 0.83 | (35.75) | (44.16) | (54.11) | 4.80 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 |
| Reserves & surplus | 376 | 384 | 375 | (35.55) | (12.30) | 16.42 | 51.62 |
| Shareholders' funds (net worth) | 380 | 388 | 378 | (32.30) | (9.05) | 19.67 | 54.87 |
| Secured loans | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.52 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | (0.26) |
| Total debt | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.26 |
| Total liabilities | 429 | 415 | 395 | (14.86) | 12.11 | 36.96 | 73.94 |
| Assets | |||||||
| Gross block | 478 | 478 | 503 | 104 | 125 | 131 | 132 |
| Net block | 423 | 425 | 427 | 21.01 | 33.20 | 38.48 | 42.14 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.07 | 2.14 |
| Investments | 0.01 | 0.01 | 0.01 | 0.32 | 0.37 | 0.37 | 0.37 |
| Inventories | 2.06 | 2.01 | 3.83 | 11.35 | 16.65 | 21.11 | 31.39 |
| Sundry debtors | 3.18 | 3.18 | 2.67 | 18.69 | 21.14 | 26.09 | 42.57 |
| Cash & bank balances | 2.78 | 0.82 | 0.44 | 0.52 | 1.42 | 1.24 | 4.11 |
| Loans & advances | 21.21 | 17.80 | 17.80 | 19.59 | 19.53 | 19.94 | 26.83 |
| Total current assets | 29.23 | 23.81 | 24.74 | 50.15 | 58.74 | 68.38 | 105 |
| Total current liabilities | 53.36 | 64.31 | 86.80 | 130 | 124 | 116 | 121 |
| Net working capital | (24.13) | (40.50) | (62.06) | (80.21) | (65.35) | (47.85) | (16.20) |
| Total assets | 429 | 415 | 395 | (14.86) | 12.11 | 36.96 | 73.94 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.82 | 0.27 | 0.35 | 1.25 | 1.05 | 3.93 | 3.57 |
| Net cash from operating activities | 1.89 | (0.65) | (51.20) | (5.39) | (4.12) | (11,270) | (11.18) |
| Net cash from investing activities | 0.08 | 1.32 | 51.18 | 4.54 | 4.42 | 11,267 | 72.06 |
| Net cash from financing activities | (0.01) | (0.12) | (0.07) | (0.05) | (0.10) | (0.08) | (60.52) |
| Net change in cash | 1.96 | 0.55 | (0.09) | (0.90) | 0.20 | (2.87) | 0.36 |
| Closing cash | 2.78 | 0.82 | 0.44 | 0.52 | 1.42 | 1.24 | 4.11 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -59.7% | +169.5% | +267.6% | -49.4% | -80.2% | -88.9% | - |
| EBITDA growth | -2500.0% | +99.4% | -122.3% | +19.9% | +17.0% | +15.3% | - |
| PBT growth | - | +1387.5% | +9998.0% | +19.1% | +18.4% | -411.5% | +87.8% |
| Net income growth | -190.6% | +118.3% | -172.9% | +37.6% | +18.9% | -3.4% | - |
| Revenue CAGR (3Y) | +58.6% | +71.1% | -28.4% | -77.7% | -81.5% | -70.1% | -38.9% |
| EBITDA CAGR (3Y) | -31.5% | -78.5% | +13.9% | -17.4% | -17.0% | - | - |
| Profitability & leverage | |||||||
| Net income margin | -116.7% | +55.5% | +8.5% | -1343.9% | -839.8% | -203.4% | +2.0% |
| Return on capital employed | 0.0% | +6.6% | -76.2% | 0.0% | 0.0% | 0.0% | -24.7% |
| Return on net worth | 0.0% | +7.6% | -105.0% | 0.0% | 0.0% | 0.0% | -39.4% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 1.69 | 0.24 | 0.68 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| Interest cover | -0.12 | -5.94 | -0.08 | -0.21 | -0.34 | -0.23 | -22.61 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.10 | 0.21 | 0.06 | 0.02 | 0.03 | 0.13 | 1.03 |
| Inventory turnover | 3.39 | 5.87 | 0.84 | 0.12 | 0.18 | 0.66 | 4.27 |
| Debtors turnover | 2.17 | 5.86 | 0.60 | 0.09 | 0.14 | 0.50 | 2.23 |
| EPS (₹) | (12.36) | 14.63 | 0.83 | (35.75) | (44.16) | (54.11) | 4.80 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | (46.56) | (34.20) | (48.83) | (49.66) | (13.91) | 30.25 | 84.37 |
To see the full year-wise statements and ratios of Atlas Cycles (Haryana) Limited, buy the company report.
Board of directors of Atlas Cycles (Haryana) Limited
Atlas Cycles (Haryana) has 6 current directors and 27 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjiv Kavaljit Singh | Director | 01 Jun 2024 | 2 Years 4 Months | Current |
| Kartik Roop Rai | Director | 01 Jun 2024 | 2 Years 4 Months | Current |
| Sadhna Syal | Director | 01 Jun 2024 | 2 Years 4 Months | Current |
| Ishwar Das Chugh | Director | 01 Jun 2024 | 2 Years 4 Months | Current |
| Anuj Goyal | Director | 12 Aug 2023 | 3 Years 2 Months | Current |
| Des Raj Dhingra | Director | 14 Aug 2023 | 3 Years 2 Months | Current |
Auditor
Atlas Cycles (Haryana) Limited is audited by Dinesh Nangru & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dinesh Nangru & Company | FY 2023 | 015003N |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 41.90%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 58.10%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 41.90% | 41.90% | 41.90% | 41.90% |
| Public | 58.10% | 58.10% | 58.10% | 58.10% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2017 | 100092902 | Others | ₹15 Lakh | Satisfied | |
| 18 Mar 2017 | 100089056 | Others | ₹49.2 Lakh | Satisfied | |
| 18 Mar 2017 | 100089063 | Others | ₹49.2 Lakh | Satisfied | |
| 10 Feb 2016 | 10622624 | Bank of Baroda | ₹13 Lakh | Satisfied | |
| 29 Dec 2015 | 10615209 | Bank of Baroda | ₹12 Lakh | Satisfied |
To see the full charge records of Atlas Cycles (Haryana) Limited, buy the company report.
Total charge records: 71 View all charges
Deals & funding
Atlas Cycles (Haryana) Limited has 158 deals on record (158 market trades); the latest was in September 2026.
Deals on record (5 of 158)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2026 | Market trade | ₹4.44 Cr | Buyer: Indra Kiran Ventures, K Raj Business Venture Private Limited , 2 individuals Seller: K Raj Business Venture Private Limited , Indra Kiran Ventures, 2 individuals |
| Apr 2026 | Market trade | ₹98.6 Lakh | Buyer: NK Securities Research Private Limited , an individual Seller: NK Securities Research Private Limited , an individual |
| Jan 2025 | Market trade | ₹43.4 Lakh | Buyer: Neo Apex Venture LLP |
| Oct 2020 | Market trade | ₹18.9 Lakh | Buyer: Mehak Infracon Private Limited Seller: an individual |
| Jun 2020 | Market trade | ₹18.4 Lakh | Buyer: Alpha Leon Enterprises LLP Seller: Alpha Leon Enterprises LLP |
To see the full deal history of Atlas Cycles (Haryana) Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Atlas Cycles (Haryana) Limited has 196 court cases on record: 79 filed by Atlas Cycles (Haryana), 117 filed against it. 50 cases are pending and 146 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 110 | 66 | 39 |
| High courts | 62 | 35 | 8 |
| NCLAT | 12 | 7 | 3 |
| Supreme Court | 8 | 5 | 0 |
| NCLT | 4 | 4 | 0 |
Cases on record (5 of 196)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Execution petition | Filed against the company by Ms Bombay Metal Works P Ltd | Disposed |
| District court, South East, Delhi | Commercial suit | Filed against the company by Gurdashmesh Cycles Pvt. Ltd. | Disposed |
| District court, Ludhiana, Punjab | Execution petition | Filed against the company by M/S Citizen Buechel Biketech Pvt Ltd | Disposed |
| District court, Ludhiana, Punjab | Execution petition | Filed against the company by Great Gears Private Limited | Disposed |
| NCLAT, Company Appeal(AT) | Company appeal | Filed by the company against Hansa Tubes Pvt. Ltd and 33 others | Disposed |
To see the full case history of Atlas Cycles (Haryana) Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Atlas Cycles (Haryana) Limited was last rated by Icra on 15 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 15 Feb 2022 |
To see the full credit ratings and regulatory alerts of Atlas Cycles (Haryana) Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Atlas Cycles (Haryana) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Atlas Cycles (Haryana) has 3 subsidiary companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Atlas Cycles (Malanpur) Limited | U35929HR1999PLC034259 | |
| Atlas Cycles (Sahibabad) Limited | U35929HR1999PLC034260 | |
| Atlas Cycles Sonepat Limited | U35929HR1999PLC034261 |
To see the full group structure of Atlas Cycles (Haryana) Limited, buy the company report.
Employees & EPFO
Atlas Cycles (Haryana) Limited has a workforce of 13 employees on its EPFO records as of Mar 22, 2024, across 3 active EPFO establishments.
GST
Atlas Cycles (Haryana) has 10 GST registrations: 4 active and 6 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCA8412C1Z9 | Haryana | Active | 01 Jul 2017 |
| 06AABCA8412C4Z6 | Haryana | Active | 09 Aug 2018 |
| 09AABCA8412C1Z3 | Uttar Pradesh | Active | 01 Jul 2017 |
| 23AABCA8412C1ZD | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Atlas Cycles (Haryana) Limited, buy the company report.
Recent activity
Atlas Cycles (Haryana) Limited has 46 board changes on record since 1979: 27 appointments and 19 cessations. The latest: Chander Mohan Dhall was appointed as Whole-Time Director on 29 Oct 2024.
185 earlier events are in the company report.
News
Frequently asked questions
Atlas Cycles (Haryana) is an active public limited company based in Sonipat, Haryana, India. The company works in bicycle mfg and retail, within the automotive industry. It was incorporated on 31 May 1950 (76+ years old) and is registered under CIN L35923HR1950PLC001614. Listed on BSE: 505029 and NSE: ATLASCYCLE.
Atlas Cycles (Haryana) reported revenue of ₹6.9 Cr for FY 2025-26 (down 59.7% YoY) based on standalone financials.
Atlas Cycles (Haryana) has 6 current directors:
- Sanjiv Kavaljit Singh - Director
- Kartik Roop Rai - Director
- Sadhna Syal - Director
- Ishwar Das Chugh - Director
- Anuj Goyal - Director
- Des Raj Dhingra - Director
The latest financial statements of Atlas Cycles (Haryana) on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 11 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Atlas Cycles (Haryana) is 06AABCA8412C1Z9, registered in Haryana. The company has 10 GST registrations in all, of which 4 are active and 6 are cancelled or inactive. Other active GSTINs include 06AABCA8412C4Z6 (Haryana), 09AABCA8412C1Z3 (Uttar Pradesh), 23AABCA8412C1ZD (Madhya Pradesh).
The CIN (Corporate Identification Number) of Atlas Cycles (Haryana) is L35923HR1950PLC001614. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Atlas Cycles (Haryana) is a listed company as per MCA records. Its shares are listed on both BSE (code: 505029) and NSE (symbol: ATLASCYCLE).
Atlas Cycles (Haryana) has 196 court cases on record: 79 filed by the company and 117 filed against it. 50 are pending. Most are in the district courts.
Atlas Cycles (Haryana) was incorporated on 31 May 1950, making it 76+ years old. It is registered with the Registrar of Companies, Haryana.
Atlas Cycles (Haryana) has 158 deals on record (158 market trades); the latest was in September 2026.