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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 59 (OpenAI - 5.2)
Rating:59Neutral
Price Target:
₹30.00
▲(15.47% Upside)
Action:Reiterated
Date:06/30/26
The score is primarily driven by strong recent revenue and earnings growth and a conservative balance sheet, but is held back meaningfully by the sharp deterioration into deeply negative operating/free cash flow and margin pressure/volatility. Valuation is also a headwind given the elevated P/E and no dividend yield data, while technical signals are unavailable and therefore not a differentiator.
Positive Factors
Strong Revenue Growth
A sustained ~28% revenue increase in FY2026 demonstrates durable demand expansion and successful scaling of project execution. Persistent top-line momentum supports fixed-cost absorption, improves unit economics and underpins growth prospects across the next several quarters.
Negative Factors
Negative Cash Conversion
Operating cash flow turned deeply negative and free cash flow deteriorated across FY2025–FY2026, indicating working-capital build or project timing issues. Persistent negative cash conversion threatens liquidity, may force external funding and could constrain sustainable organic growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Revenue Growth
A sustained ~28% revenue increase in FY2026 demonstrates durable demand expansion and successful scaling of project execution. Persistent top-line momentum supports fixed-cost absorption, improves unit economics and underpins growth prospects across 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...
How the Company Makes Money
null...

Atal Realtech Limited Financial Statement Overview

Summary
Strong FY2026 revenue growth (~+28%) and improving net income support the score, and leverage is conservative (debt-to-equity ~0.14). However, cash conversion is a major risk: operating cash flow and free cash flow are deeply negative in FY2025–FY2026 (OCF about -143m to -413m; FCF about -157m to -445m), and margins show pressure/volatility (gross margin down to ~10.5%).
Income Statement
72
Positive
Balance Sheet
79
Positive
Cash Flow
34
Negative
BreakdownMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue1.20B957.28M408.26M406.30M404.33M
Gross Profit126.22M147.90M85.25M75.97M75.13M
EBITDA113.73M76.17M53.02M46.63M51.51M
Net Income64.92M35.43M21.45M20.79M21.55M
Balance Sheet
Total Assets1.19B896.32M575.64M498.30M486.54M
Cash, Cash Equivalents and Short-Term Investments69.88M79.11M2.25M20.14M71.00K
Total Debt136.22M158.32M92.06M112.22M48.09M
Total Liabilities229.84M223.36M198.51M143.51M152.54M
Stockholders Equity958.73M672.96M377.12M355.73M334.00M
Cash Flow
Free Cash Flow-445.30M-157.41M3.75M18.69M-77.25M
Operating Cash Flow-412.70M-143.48M12.57M19.31M-74.23M
Investing Cash Flow-35.03M-8.91M-9.91M-18.61M71.39M
Financing Cash Flow438.50M229.24M-20.55M2.84M-18.64M

Atal Realtech Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price25.98
Price Trends
50DMA
29.19
Positive
100DMA
26.80
Positive
200DMA
25.77
Positive
Market Momentum
MACD
0.24
Negative
RSI
55.77
Neutral
STOCH
88.09
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ATALREAL, the sentiment is Positive. The current price of 25.98 is below the 20-day moving average (MA) of 29.31, below the 50-day MA of 29.19, and above the 200-day MA of 25.77, indicating a bullish trend. The MACD of 0.24 indicates Negative momentum. The RSI at 55.77 is Neutral, neither overbought nor oversold. The STOCH value of 88.09 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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
₹4.18B14.8359.71%113.93%
59
Neutral
₹3.74B38.9225.41%140.97%
57
Neutral
₹3.61B9.050.82%-4.73%-29.26%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
54
Neutral
₹7.97B16.00-17.96%-62.53%
50
Neutral
₹3.87B-16.1140.80%-109.62%
45
Neutral
₹3.15B25.770.47%4.13%-84.27%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:ATALREAL
Atal Realtech Limited
30.19
11.02
57.49%
IN:DBEIL
Deepak Builders & Engineers India Limited
7.76
-5.96
-43.44%
IN:MBLINFRA
MBL Infrastructure Limited
25.40
-16.74
-39.72%
IN:RPPINFRA
RPP Infra Projects Ltd.
63.48
-68.93
-52.06%
IN:UNIVASTU
Univastu India Ltd.
116.23
22.18
23.58%
IN:VASCONEQ
Vascon Engineers Limited
34.41
-22.81
-39.86%

Atal Realtech Limited Corporate Events

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: Jun 30, 2026