BSEBoard Meeting2d ago · 28 Oct 2026, 01:17 pm
Outcome of Board Meeting held on 28th October 2026-approval of the Unaudited Financial Results of the Company for the quarter and half year ended 30th September 2026
Atlas Cycles (Haryana) Ltd · 505029
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Atlas Cycles (Haryana) Ltd has announced its unaudited financial results for the quarter and half year ended September 30, 2026. The company reported a net loss of Rs. 185.02 crores, with a basic and diluted EPS of -Rs. 2.84 and -Rs. 2.84 respectively. The company's total assets stood at Rs. 48,211.33 crores, with total liabilities of Rs. 48,263.67 crores.
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Atlas Cycles (Haryana) Ltd - 505029 - Board Meeting Outcome for Outcome Of Board Meeting Held On 28Th October 2026
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ATLAS CYCLES (HARYANA) LIMITED
ATLAS CYCLES Registered Office : Industrial Area, Atlas Road, Sonepat-131 001, (Haryana) India
SONEPAT Corporate Identity Number L35923HR1950PLC001614
28th October 2026
National Stock Exchange of India Ltd. BSE Ltd.
Exchange Plaza, Bandra-Kurla Complex Phiroze Jeejeebhoy Towers,
Bandra (E), Mumbai — 400051 Dalal Street, Fort, Mumbai —- 400001
NSE Symbol: ATLASCYCLE Scrip Code: 505029
Sub: Outcome of Board Meeting held on 28t October 2026
Dear Sir/Madam,
This is to inform you that The Board of Directors of the Company (“Board”) has
today approved the Unaudited Financial Results of the Company for the quarter
and half year ended 30th September 2026.
Pursuant to Regulation 33 of the SEBI ("Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“Listing Regulations”), the said Financial Results
together with Limited Review Report of the Statutory Auditors thereon are enclosed
as Annexure I.
The aforesaid Financial Results can also be accessed on the website of the
Company at www.atlasbicycles.com
The meeting commenced at 12:00 noon and concluded at 12:55 p.m.
Kindly take the same in your records and oblige.
Thanking you,
For Atlas Cycles (Haryana) Limited
Rashpal Singh
Company Secretary & Compliance Officer
Website : www.atlasbicycles.com; E-mail : companysecretary@atlascycles.co.in
LEADING PRODUCERS & EXPORTERS OF QUALITY BICYCLES
Sonepat Office : Phones 091-130-2200001 to 220006, Fax : 091-130-2200018 Gram : ‘ATLAS’ Sonepat
Atlas Cycles (Ha ryana) Limited
Regd. Office : Industrial Area, Sonepat Haryana 131001
Statement of Standalone Unaudited Financial Results for the Quarter and Half Year ended September 30, 2026.
(in lakhs)
S.No Particulars Quarter ended Half year ended Year Ended
— 30-Sep-26 | 30-Jun-26 | 30-Sep- 25 30-Sep-26 30-Sep-25 31st March-26
Unaudited Unaudited Unaudited Unaudited Unaudited Audited
1 Income
a) Revenue from operations 166.63 153.57 195.27 320.20 393.54 690.44
b) Other income 4.75 0.02 4,75 16.46 24.86
c) Provision no more Required - 1.47 - 1.47
Total income 171.38 153,57 196.76 324.95 410.47 715.30
2 Expenses
2! Cost of Materials Consumed 165.73 141.72 183.49 307.45 376.70 639.76
b) Changes in inventories of finished goods, work-in-progress : ” - - 3.77
and stock in trade
c) Employee benefit expenses 54.30 52.66 51.23 106.96 105.86 193.73
d) Finance Cost 0.22 0.15 0.22 0.15 41.31
e) Depreciation and amortisation 43.98 43.98 43.98 87.96 87.96 152.82
f) Other expenses 92.17 107.23 156.60 199.40 236.87 527.53
Total expenses 356.40 345.59 435.45 701.99 807.54 1,518.92
3 Profit / (loss) before exceptional items and tax (1 ~ 2) -185.02 -192.02 -238.69 -377.04 -397,07 -803.62
4 Exceptional items - reversal / write back of liabilities - - -
5 | Profit / (loss) before tax (3 - 4) -185.02 -192.02 -238.69 -377.04 -397.07 -803.62
6 Tax expense - - - - - -
7 Net profit/ (loss) for the period 185.02 -192.02 -238.69 -377.04 -397.07 -803.62
8 Other comprehensive income
items that will not be reclassified to profit or loss, net of tax - . . - - -
Other comprehensive income, net of tax . . . . -
9 Total comprehensive income / (loss) for the period (7+8) -185.02 -192.02 -238.69 -377.04 -397.07 -803.62
40 |Paid up equity share capital (Face value Rs. 5 per share) 325.19 325.19 325.19 325.19 325.19 325.19
11 |Earning per share (EPS)
Basic and diluted EPS after extraordinary items (not
annualized)
Basic (Rs) ~2.84 -2.95 -3.67 -5.80 -6.11 -12.36
Diluted (Rs) -2.84 -2.95 -3.67 -5.80 -6.11 -12.36
Notes to financial results:
4 These Standalone unaudited financial results have been prepared in accordance with the Indian Accounting Standards (referred to as "Ind AS") 34 Interim
Financial Reporting prescribed under Section 133 of the Companies Act,2013 read with Companies (Indian Accounting Standards) Rules as amended from
time to time.
2 The Company did not have any Subsidiary, Associate or Joint Venture entity (ies) during the reporting period and Financial Year ended 31 st March 2026.
3 The company operates only in one reportable segment i.e. Cycles
4 The aforesaid standalone Un-audited Financial Results of Atlas Cycles (Haryana) Limited (“the Company”) for the quarter ended and half year ended
September 30, 2026 have been reviewed by the Audit Committee and approved by the Board of Directors at its respective meetings held on 28th October
2026. The results for the quarter ended and half year ended on September 30, 2026 have been subjected to limited review by the Statutory Auditors of the
Company.
5 Previous Quarters/Half Year/Year figures have been regrouped ,re arranged or re classified wherever necessary to conform to the classification for the current
quarter/year.
On behalf of the Board
For Atlas Cycles (Haryana) Limited
PIACE: Sahibabad
DATE: 28th October, 2026 artik Roop Rai
DIRECTOR
Din 06789287
ATLAS CYCLES (HARYANA) LIMITED
STATEMENT OF STANDALONE ASSETS AND LIABILITIES AS AT SEPTEMBER 30, 2026 (Rs In Lakhs)
30.09.~
0A 28s a Ut
n audited
31.03.20A 2s 6a t
A udited
Particulars
ASSETS
1) (N ao
n - current assets
Property, plant and equipment
42,212.1
9 42,300.1
(b) Capital work-in-progress . -
(c) Financial assets 0.79 O79
Investments
Other financial assets
2,709.01 2,709.01
{dp Deferred tax assets (net) 308.74 331.40
(e) Other non - current assets 46,230.73 45,341.35
Total non - curret assets
(2) Current assets 193.70 206,03
(a) Inventories - -
(b) Financial assets - -
Investments
318.43 317.54
Trade receivables
233,08 277.52
Cash and cash equivalents
Bank balance other than cash and cash .
equivalent
Loans & Advances Employee
41,718.69 1,411.41
- 100.46
Other financial assets
516.70 609.26
(d} Other current assets 2,980.60 2,922.22
Total curret assets
. 48,211. 33 48,263.67
TOTAL ASSETS
EQUITY AND LIABILITIES
EQUITY 325.19 326.19
(a) Equity share capital 37,249.04 37,626.08
(b) Other equity
37,574.23 37,951.27
Total Equity
LIABILITIES
(1) Non - current liabilities
Financial liabilities
900.00 900.00
Borrowings
Other financial liabilities
5,428.82 4,045.90
29,88 29.88
(b} Provisions 6,358.70 4,975.78
Total non - curret liabilities
(2) Current liabilities
(a) Financial liabilities - -
Borrowings
3,940.82 4,526.37
Trade Payables
Other financial liabilities
{b) Other Current Liabilities
294 61 ..0 54
2 53 75 6. .1 01
(c) Provisions . -
(d) Current Tax Liabilities 4,278.40 6,336 .52
Total curret liabilities
48,211.33 48,263.57
Total Equity & Liabilities
ON BEHALF OF THE BOARD
Din 06789287
PIACE: Sahibabad
DATE: 28th October 2026
ATLAS CYCLES (HARYANA) LIMITED
STANDALONE CASH FLOW STATEMENT FOR THE HALF YEAR ENDED SEPTEMBER 30TH, 2026.
(In lakh)
Half Year
Particulars ended wo once
30.09.2026 08.
CASH FLOW FROM OPERATING ACTIVITIES
Profit before exceptional items and tax as per statement of profit and loss (377.04) (803.62)
Adjustments for:
Depreciation & Amortisation 87.96 152.82
(Gain)/Loss on disposal of property, plant & equipment 0.00 0.00
Profit on Sale of Current Investments 0.00 0.00
Provision for Bad Debts 0.00 0.00
Liability / Provisions no longer required written back 0.00 25.48
Interest Income 0.00 (7.82)
Finance costs 0.22 1.31
Operating Profit before Working Capital Changes (288.86) (631.83)
Working capital adjustments:
Decrease/ (increase) in trade and other receivables (0.89) (25.48)
Decrease/ (Increase) in Inventories 12.33 (4.92)
Decrease/ (Increase) in Other Non Current Financial Assets 193.02 0.00
Decrease/ (Increase) in Other Non Current Assets 22.66 0.00
Decrease/ (Increase) in Current Loans 0.00 2.35
Decrease/ (Increase) in Other Current Assets (307.28) (343,48)
Decrease/ (Increase) in Other Current Financial Assets 0.00 0.00
Decrease/ (Increase) in Bank Balances other than cash equivalents 0.00 0.00
Increase/ (decrease) Other Non-Current Financial Liabilities 1382.92 2280.00
Increase/ (decrease) in Non Current Provisions 0.00 0.00
Increase/ (decrease) in trade and other payables (685,55) (569.53)
Increase/ (decrease) in Other Financial Liabilities 0.00 0.00
Increase/ (decreas
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