Atlas Cycles (Haryana) Ltd., previously known as Atlas Cycle Industries (ACIL) started with the manufacture of bicycle saddles in 1951, and produced its first bicycle in 1952. From a modest beginning of 120 cycles per day, the company has come a long way to become Indias second-largest cycle manufacturer. It has units at Sonepat, Sahibabad, Rasoi and Gurgaon, all in Haryana. Its combined manufacturing capacity stands at a hefty 3.1 million cycles per annum.
It emerged as the largest exporter of bicycles from India. New export markets like Myanmar and South Africa were explored in 1994-95. It has been exporting components, bicycles and mopeds, besides tapping the fitness equipment market overseas. Its ISO-9002 certification is expected to boost exports.
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Products:
1. Tough Roadster Models
2. Elegant Ladies bikes
3. Rugged Mountain Bikes
4. Children's Bikes
Awards
2014 –Atlas, Sahibabad bagged 1st prize at All India Industrial Exhibition, Hyderabad
2013 –First prize in publicity category at All India Industrial Exhibition, Hyderabad (AP)
–Atlas, Sahibabad participated in Cycle Trade Fair, Patna & IITF, Delhi & bagged third prize at IITF.
2013 –First prize in publicity category at All India Industrial Exhibition, Hyderabad (AP)
–Atlas, Sahibabad participated in Cycle Trade Fair, Patna & IITF, Delhi & bagged third prize at IITF.
Atlas Cycle(Haryana)'s Shareholding Pattern
| Parameter | Values |
|---|---|
| Market Cap (in ₹ Cr.) | 133.10 |
| Earning Per Share (EPS TTM) (₹) | 13.33 |
| Price To Earnings (P/E) Ratio | 30.71 |
| Book Value Per Share (₹) | 277.11 |
| Price To Books (P/B) Ratio | 1.48 |
| EBIT Margin (%) | 0.31 |
| PAT Margin (%) | -0.54 |
| ROCE (%) | 1.07 |
| PAT Growth (%) | 82.81 |
| Total Debt to Equity (D/E) Ratio | 0.77 |