{"id":25047,"date":"2024-02-28T16:55:51","date_gmt":"2024-02-28T11:25:51","guid":{"rendered":"https:\/\/livemumbai.in\/index.php\/2024\/02\/28\/atam-valves-achieves-a-total-revenue-of-rs-35-36-cr-in-9m-fy24\/"},"modified":"2024-02-28T16:55:51","modified_gmt":"2024-02-28T11:25:51","slug":"atam-valves-achieves-a-total-revenue-of-rs-35-36-cr-in-9m-fy24","status":"publish","type":"post","link":"https:\/\/livemumbai.in\/index.php\/2024\/02\/28\/atam-valves-achieves-a-total-revenue-of-rs-35-36-cr-in-9m-fy24\/","title":{"rendered":"Atam Valves, Achieves A Total Revenue of Rs. 35.36 Cr in 9M FY24"},"content":{"rendered":"
\n

Mumbai (Maharashtra) [India], February 28:<\/strong> Atam Valves Limited (ATAM)\u00a0(BSE \u2013 543236 NSE \u2013\u00a0ATAM),\u00a0a renowned manufacturer of industrial and plumbing valves and fittings,\u00a0has\u00a0announced\u00a0its\u00a0Unaudited Financial Results for the\u00a0Q3 & 9M FY24.<\/p>\n

Key Financial Highlights<\/strong><\/p>\n

\n\n\n\n
Q3 FY24:<\/strong> \u00a0
\u2022\u2002Total Income of\u00a0\u20b9\u00a012.19 Cr \u2022\u2002EBITDA of\u00a0\u20b9\u00a01.92 Cr
\u2022\u2002EBITDA Margin of 15.73 % \u2022\u2002PBT of\u00a0\u20b9\u00a01.45 Cr \u2022\u2002PAT of\u00a0\u20b9\u00a00.99 Cr
\u2022\u2002PAT Margin of 8.10 %
\u2022\u2002EPS of\u00a0\u20b9\u00a00.89 \u00a0 <\/p>\n

9M FY24:<\/strong> \u00a0
\u2022\u2002Total Income of\u00a0\u20b9\u00a035.36 Cr
\u2022\u2002EBITDA of\u00a0\u20b9\u00a05.81 Cr
\u2022\u2002EBITDA Margin of 16.43 %
\u2022\u2002PBT of\u00a0\u20b9\u00a04.43 Cr \u2022\u2002PAT of\u00a0\u20b9\u00a03.15 Cr
\u2022\u2002PAT Margin of 8.90 %
\u2022\u2002EPS of\u00a0\u20b9\u00a02.85 \u00a0 <\/td>\n<\/tr>\n<\/tbody>\n<\/table>

Key Financial Highlights<\/strong><\/figcaption><\/figure>\n

Commenting on the performance, Mr. Amit Jain \u2013 Managing Director of Atam Valves Limited said,\u201cWe see strong demand outlook for industrial valves. With our extensive product offerings, we are adding new industries to our client base at the same time increasing our footprint in international market. We are confident to sustain our profit margin with upward bias.\u201d.<\/p>\n

Highlights for Q3 FY24 (October 2023 \u2013 December 2023)<\/strong><\/p>\n

\n\n\n\n\n\n
Allotment of Equity Shares pursuant to exercise of warrants allotted on preferential basis.<\/td>\n\u2022\u00a0ATAM Valves Limited has allotted a total of 24,00,000 equity shares with a face value of\u00a0\u20b9\u00a010 each. \u2022\u00a012,00,000 equity shares were issued through warrant conversion, at a premium of\u00a0\u20b9\u00a042 each. \u2022\u00a012,00,000 fully-paid Bonus Equity Shares were issued at a face value of\u00a0\u20b9\u00a010 each, following a 1:1 ratio for existing fully paid-up Equity Shares.<\/td>\n<\/tr>\n
Secured its inaugural marine overseas order.<\/td>\nThe company\u00a0has successfully secured its inaugural marine overseas order. This milestone marks a significant step in our expansion into international markets and underscores our commitment to growth and diversification.<\/td>\n<\/tr>\n
Received an order for Miscellaneous products of\u00a0the Company worth US$ 52,864.<\/td>\nATAM Valves has received a $52,864 order from VALMOS TRADING L.L.C, an international entity, for miscellaneous products, specifically valves. The contract stipulates that the supply of valves is to commence by the end of January 2024.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>
Highlights for Q3 FY24<\/strong><\/figcaption><\/figure>\n

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Mumbai (Maharashtra) [India], February 28: Atam Valves Limited (ATAM)\u00a0(BSE \u2013 543236 NSE \u2013\u00a0ATAM),\u00a0a renowned manufacturer of industrial and plumbing valves and fittings,\u00a0has\u00a0announced\u00a0its\u00a0Unaudited Financial Results for […]<\/p>\n","protected":false},"author":1,"featured_media":25048,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[623],"class_list":["post-25047","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/posts\/25047","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/comments?post=25047"}],"version-history":[{"count":0,"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/posts\/25047\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/media\/25048"}],"wp:attachment":[{"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/media?parent=25047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/categories?post=25047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/tags?post=25047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}