Atal Realtech Limited (ATALREAL) AI Stock Analysis

Atal Realtech Limited

(NSE:ATALREAL)

Select Model

Rating:55Neutral

Price Target:INR 13.00▼(-4.48% Downside)

Action:reiterated

Date:09/19/26

The overall score is driven mainly by strong revenue momentum and a conservatively leveraged, expanding balance sheet, which are materially tempered by weak and strained cash flows that raise liquidity and execution risk; this financial picture is further pressured by a clearly bearish technical setup, with the price far below key moving averages and momentum indicators deeply oversold, while a mid-range earnings valuation without dividend support offers only limited compensation for these risks.

Positive Factors

Strong Revenue AccelerationFY2026 revenue acceleration indicates a stronger growth phase than the prior three years. If sustained, the larger revenue base can support operating leverage and reinvestment, improving the company’s ability to build scale over the next several quarters.

Negative Factors

Deeply Negative Cash GenerationThe recent collapse in operating and free cash flow indicates that accounting growth is not converting into cash effectively. If this persists, expansion may require external funding support, reducing financial flexibility and increasing execution risk.

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

Market Cap: INR 1.68B
Dividend Yield: ―
Average Volume (3M): 423.89K
Price to Earnings (P/E): 17.1
Beta (1Y): 1.19
Revenue Growth: 17.10%
EPS Growth: 60.38%
Country: India
Employees: 38
Sector: General
Sector Strength: 55
Industry: Engineering & Construction

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 government a...

Atal Realtech Limited Financial Statement Overview

Summary

Strong revenue growth and an expanding, conservatively leveraged balance sheet are offset by persistently weak and volatile operating and free cash flow, creating elevated liquidity and execution risk despite solid earnings.

Income Statement

72Positive

Balance Sheet

83Very Positive

Cash Flow

28Negative

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	1.20B	1.20B	957.28M	408.26M	406.30M	404.33M
Gross Profit	139.11M	126.22M	147.90M	85.25M	51.09M	75.13M
EBITDA	117.53M	113.73M	76.17M	53.02M	46.63M	51.51M
Net Income	68.32M	64.92M	35.43M	21.45M	20.79M	21.55M
Balance Sheet
Total Assets	0	1.19B	896.32M	575.64M	498.30M	486.54M
Cash, Cash Equivalents and Short-Term Investments	69.88M	69.88M	79.11M	2.25M	20.14M	71.00K
Total Debt	0	136.22M	158.32M	92.06M	112.22M	48.09M
Total Liabilities	-958.73M	229.84M	223.36M	198.51M	143.51M	152.54M
Stockholders Equity	958.73M	958.73M	672.96M	377.12M	355.73M	334.00M
Cash Flow
Free Cash Flow	-62.38M	-445.30M	-157.41M	3.75M	18.69M	-77.25M
Operating Cash Flow	-54.45M	-412.70M	-143.48M	12.57M	19.31M	-74.23M
Investing Cash Flow	-3.89M	-35.03M	-8.91M	-9.91M	-18.61M	71.39M
Financing Cash Flow	-1.52M	438.50M	229.24M	-20.55M	2.84M	-18.64M

Atal Realtech Limited Technical Analysis

Technical Analysis SentimentNegative

Last Price13.61

Price Trends

50DMA18.32Negative

100DMA24.72Negative

200DMA25.38Negative

Market Momentum

MACD-1.09Negative

RSI46.34Neutral

STOCH88.30Negative

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 13.61 is above the 20-day moving average (MA) of 12.31, below the 50-day MA of 18.32, and below the 200-day MA of 25.38, indicating a neutral trend. The MACD of -1.09 indicates Negative momentum. The RSI at 46.34 is Neutral, neither overbought nor oversold. The STOCH value of 88.30 is Negative, 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

IN:ATALREAL against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:UNIVASTU	56Neutral	INR 4.65B	15.32	―	―	106.68%	152.63%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:ATALREAL	55Neutral	INR 1.69B	17.08	―	―	17.10%	60.38%
IN:DBEIL	49Neutral	INR 2.86B	10.39	―	1.63%	-7.84%	-51.79%
IN:VASCONEQ	44Neutral	INR 6.90B	23.87	―	―	-20.20%	-80.22%
IN:RPPINFRA	42Neutral	INR 2.18B	51.67	―	1.14%	3.68%	-93.35%
IN:MBLINFRA	39Underperform	INR 3.04B	-19.97	―	―	55.85%	81.30%

* General Sector Average

Performance Comparison

IN:ATALREAL and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:ATALREAL	Atal Realtech Limited	13.61	-10.98	-44.65%
IN:DBEIL	Deepak Builders & Engineers India Limited	6.15	-8.53	-58.11%
IN:MBLINFRA	MBL Infrastructure Limited	19.50	-22.49	-53.56%
IN:RPPINFRA	RPP Infra Projects Ltd.	44.00	-75.30	-63.12%
IN:UNIVASTU	Univastu India Ltd.	129.14	57.32	79.81%
IN:VASCONEQ	Vascon Engineers Limited	29.79	-39.64	-57.09%

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 the i...

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’s listing framework and maintains regular corporate governance and disclosure practices through its board and shareholder meetings....

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 19, 2026

Atal Realtech Limited AI Stock Analysis