Small Steel
Market Cap
₹39,400 ₹39,400 Cr.
P/E
313.71
PEG
10.39
PEG = P/E ÷ 5yr forward EPS CAGR
5yr forward EPS CAGR thesis · Base case

The bull case hinges on early EBCHR furnace commissioning unlocking titanium recycling cost leadership, combined with ATL securing additional multi-year aerospace programs and Trac delivering 20%+ EBITDA margins.

The bear case materializes if ATL's aerospace qualification programs stall and ramp-up delays coincide with Trac's margins staying below 10%, compounded by an export demand slowdown.

The critical monitor is ATL's quarterly revenue and EBITDA trajectory — if it falls below Rs. 350 Cr by FY27, the base case shifts to bear.

Financial

Business

Ideas Dashboard
Results
Timeline
Watchlist
Portfolio
Alerts
Stock Screener
Market
Raw Material