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Atal Realtech Limited (IN:ATALREAL)
:ATALREAL
India Market
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Atal Realtech Limited (ATALREAL) AI Stock Analysis

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IN:ATALREAL

Atal Realtech Limited

(ATALREAL)

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Neutral 52 (OpenAI - Gpt-5.6Sol)
Rating:52Neutral
Price Target:
₹14.00
▼(-46.11% Downside)
Action:Reiterated
Date:09/12/26
The score is held back primarily by significant negative operating and free cash flow despite strong top-line and earnings growth. Technicals are also weak, with the stock trading well below major moving averages and depressed momentum indicators. Valuation is only moderately supportive at ~17x earnings and offers no dividend cushion.
Positive Factors
Strong Revenue Growth
The sharp FY2026 revenue acceleration indicates stronger project activity and market demand after several slower years. Sustained top-line expansion can improve operating scale, support reinvestment, and strengthen the company’s ability to build a larger competitive position over the next several quarters.
Negative Factors
Deeply Negative Cash Flow
Two consecutive years of deeply negative operating and free cash flow represent the clearest fundamental weakness. If cash conversion remains strained while revenue grows, the company may require funding support, limiting financial flexibility and reducing the quality and durability of reported earnings.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Revenue Growth
The sharp FY2026 revenue acceleration indicates stronger project activity and market demand after several slower years. Sustained top-line expansion can improve operating scale, support reinvestment, and strengthen the company’s ability to build a larger competitive position over the next several quarters.
Read all positive factors

Atal Realtech Limited (ATALREAL) vs. iShares MSCI India ETF (INDA)

Atal Realtech Limited Business Overview & Revenue Model

Company Description
Atal Realtech Ltd. specializes in providing civil engineering and construction contracting services for various structural development and infrastructure projects. The company also undertakes both primary contracts and sub-contracts from governmen...

Atal Realtech Limited Financial Statement Overview

Summary
Strong recent revenue and net income growth and a conservative balance sheet (improving debt-to-equity) are positives, but they are outweighed by very weak cash conversion: operating cash flow and free cash flow have been deeply negative for the last two years, creating a material funding/liquidity risk if it persists.
Income Statement
72
Positive
Balance Sheet
79
Positive
Cash Flow
34
Negative
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue1.20B1.20B957.28M408.26M406.30M404.33M
Gross Profit139.11M126.22M147.90M85.25M75.97M75.13M
EBITDA117.53M113.73M76.17M53.02M46.63M51.51M
Net Income68.32M64.92M35.43M21.45M20.79M21.55M
Balance Sheet
Total Assets0.001.19B896.32M575.64M498.30M486.54M
Cash, Cash Equivalents and Short-Term Investments69.88M69.88M79.11M2.25M20.14M71.00K
Total Debt0.00136.22M158.32M92.06M112.22M48.09M
Total Liabilities-958.73M229.84M223.36M198.51M143.51M152.54M
Stockholders Equity958.73M958.73M672.96M377.12M355.73M334.00M
Cash Flow
Free Cash Flow-62.38M-445.30M-157.41M3.75M18.69M-77.25M
Operating Cash Flow-54.45M-412.70M-143.48M12.57M19.31M-74.23M
Investing Cash Flow-3.89M-35.03M-8.91M-9.91M-18.61M71.39M
Financing Cash Flow-1.52M438.50M229.24M-20.55M2.84M-18.64M

Atal Realtech Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price25.98
Price Trends
50DMA
30.64
Negative
100DMA
29.63
Negative
200DMA
27.25
Negative
Market Momentum
MACD
-4.22
Positive
RSI
13.66
Positive
STOCH
<0.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ATALREAL, the sentiment is Negative. The current price of 25.98 is below the 20-day moving average (MA) of 28.69, below the 50-day MA of 30.64, and below the 200-day MA of 27.25, indicating a bearish trend. The MACD of -4.22 indicates Positive momentum. The RSI at 13.66 is Positive, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:ATALREAL.

Atal Realtech Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
69
Neutral
₹5.51B18.15106.68%152.63%
64
Neutral
₹6.92B24.130.47%-20.20%-80.22%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
54
Neutral
₹3.27B11.971.43%-7.84%-51.79%
52
Neutral
₹1.70B17.1717.10%60.38%
46
Neutral
₹2.99B71.830.83%3.68%-93.35%
45
Neutral
₹3.53B-23.471.25%55.85%81.30%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:ATALREAL
Atal Realtech Limited
13.76
-5.52
-28.63%
IN:DBEIL
Deepak Builders & Engineers India Limited
7.01
-7.14
-50.45%
IN:MBLINFRA
MBL Infrastructure Limited
22.86
-22.35
-49.44%
IN:RPPINFRA
RPP Infra Projects Ltd.
60.27
-84.70
-58.43%
IN:UNIVASTU
Univastu India Ltd.
153.00
69.10
82.36%
IN:VASCONEQ
Vascon Engineers Limited
29.88
-28.62
-48.92%

Atal Realtech Limited Corporate Events

Atal Realtech moves AGM and investor communications fully online
Sep 4, 2026
Atal Realtech Limited has notified the stock exchanges that it has sent a communication to shareholders whose email addresses are not registered, providing a web link and QR code to access the notice of its Fourteenth Annual General Meeting and th...
Atal Realtech Sets AGM, Appoints Scrutinizer and Internal Auditor
Sep 2, 2026
Atal Realtech Limited, a listed Indian construction and real estate company based in Nashik, operates under SEBI&#8217;s listing framework and maintains regular corporate governance and disclosure practices through its board and shareholder meetin...
Atal Realtech shuts trading window ahead of June-quarter results
Jun 26, 2026
Atal Realtech Limited has announced the closure of its trading window for company securities from 1 July 2026 until 48 hours after the disclosure of its financial results for the quarter ended 30 June 2026. The restriction applies to directors, ke...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Sep 12, 2026