ATAM VALVES LIMITED announced its unaudited financial results for the quarter and nine months ended December 31, 2025, showing a significant decline in performance compared to the previous year. The valve manufacturing company reported a net loss in the third quarter, marking a sharp reversal from the profitable performance in the corresponding quarter of the previous fiscal year.

Financial Performance Overview

The company's financial metrics demonstrate a challenging quarter with substantial year-on-year declines across key parameters:

Quarterly Results Analysis

ATAM VALVES faced significant operational challenges during Q3 FY26. Revenue from operations declined to ₹1,041.16 lakhs from ₹1,738.17 lakhs in Q3 FY25, representing a substantial 40.09% decrease. Total expenses amounted to ₹1,116.72 lakhs compared to ₹1,528.99 lakhs in the previous year quarter. Despite lower absolute expenses, the company reported a loss before tax of ₹75.03 lakhs against a profit before tax of ₹212.62 lakhs in Q3 FY25.

The cost structure showed mixed trends with cost of materials consumed at ₹777.52 lakhs versus ₹1,192.57 lakhs in the previous year. Employee benefits expense decreased to ₹178.83 lakhs from ₹214.37 lakhs, while finance costs remained relatively stable at ₹25.45 lakhs compared to ₹25.75 lakhs.

Nine-Month Performance

For the nine months ended December 31, 2025, the company's performance also reflected the challenging business environment:

Regulatory Compliance and Publication

In compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ATAM VALVES LIMITED published its unaudited financial results in newspapers on February 15, 2026. The results were published in "NAWAN ZAMANA" (Punjabi) and "The Financial Express" (English), fulfilling the mandatory disclosure requirements.

Board Meeting and Approval

The Board of Directors of ATAM VALVES LIMITED convened on February 13, 2026, from 1:00 PM to 2:00 PM to consider and approve the unaudited financial results. The meeting was conducted pursuant to Regulation 30 and 33 read with Schedule III of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015. The board approved both the unaudited financial results and the Statutory Auditor's Limited Review Report for the quarter and nine months ended December 31, 2025.

The results were prepared in accordance with Indian Accounting Standards (Ind AS) and comply with SEBI Listing Regulations. The financial results have been reviewed by the Audit Committee and approved by the Board of Directors in their respective meetings.

Company Profile

ATAM VALVES LIMITED, formerly ATAM VALVES PVT. LTD., operates as a single-segment company engaged in manufacturing valves, fittings, steam traps, and strainers. The company maintains its registered office at 1051, Outside Industrial Area, Jalandhar City-144004, Punjab, and has a paid-up equity share capital of ₹1,146.30 lakhs with a face value of ₹10 per share.

Atam Valves Limited has submitted its quarterly compliance statement to stock exchanges, confirming that no fund-raising activities were undertaken during the third quarter of fiscal year 2026. The filing, made under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, demonstrates the company's adherence to mandatory disclosure requirements.

Regulatory Compliance Filing

The company filed its statement on February 13, 2026, addressing both the National Stock Exchange of India Limited and BSE Limited. The submission was made pursuant to Regulation 32 of SEBI (LODR) Regulations, 2015, and follows the format specified in SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019.

Fund Raising Activity Status

The compliance statement confirms that Atam Valves Limited did not engage in any fund-raising activities during the quarter ended December 31, 2025. The company specifically confirmed no funds were raised through:

• Public issue
• Rights issue
• Preferential issue
• Qualified Institutional Placement (QIP)

Compliance Statement Details

The formal statement filed with exchanges shows all relevant fields marked as 'Not Applicable' due to the absence of any fund-raising activities. The comprehensive disclosure format includes provisions for reporting deviations or variations in fund utilization, monitoring agency details, and audit committee comments, none of which were applicable for this quarter.

This filing represents standard regulatory compliance for listed companies, ensuring transparency regarding fund-raising activities and their utilization. The statement serves to keep investors and regulatory authorities informed about the company's capital-raising activities during the specified reporting period.