Dashboard
1
Poor Management Efficiency with a low ROE of 0.33%
- The company has been able to generate a Return on Equity (avg) of 0.33% signifying low profitability per unit of shareholders funds
2
Company has a low Debt to Equity ratio (avg) at 0 times
3
Poor long term growth as Operating profit has grown by an annual rate 8.54% of over the last 5 years
4
Flat results in Dec 24
5
With ROE of 1.7, it has a expensive valuation with a 7.9 Price to Book Value
6
High Institutional Holdings at 100%
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
2.61%
0%
2.61%
6 Months
17.9%
0%
17.9%
1 Year
29.65%
0%
29.65%
2 Years
61.7%
0%
61.7%
3 Years
79.25%
0%
79.25%
4 Years
76.28%
0%
76.28%
5 Years
348.12%
0%
348.12%
Altair Engineering, Inc. for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
7.73%
EBIT Growth (5y)
8.54%
EBIT to Interest (avg)
0.04
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.38
Sales to Capital Employed (avg)
0.62
Tax Ratio
56.56%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
100.00%
ROCE (avg)
1.61%
ROE (avg)
0.33%
Valuation key factors
Factor
Value
P/E Ratio
472
Industry P/E
Price to Book Value
7.88
EV to EBIT
519.64
EV to EBITDA
117.88
EV to Capital Employed
12.12
EV to Sales
9.66
PEG Ratio
1.71
Dividend Yield
135.88%
ROCE (Latest)
2.33%
ROE (Latest)
1.67%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
Bearish
No Signal
Bollinger Bands
Sideways
Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Bearish
No Trend
OBV
Mildly Bullish
Mildly Bullish
Shareholding Snapshot : Dec 2024
Shareholding Compare (%holding) 
Majority shareholders
Domestic Funds
Domestic Funds
Held in 94 Schemes (41.86%)
Foreign Institutions
Held by 143 Foreign Institutions (20.15%)
Strategic Entities with highest holding
Highest Public shareholder
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ
Dec'24
Sep'24
Change(%)
Net Sales
192.60
151.40
27.21%
Operating Profit (PBDIT) excl Other Income
21.00
4.60
356.52%
Interest
1.30
1.30
Exceptional Items
-0.30
0.00
Consolidate Net Profit
1.00
1.80
-44.44%
Operating Profit Margin (Excl OI)
51.90%
-46.10%
9.80%
USD in Million.
Net Sales
QoQ Growth in quarter ended Dec 2024 is 27.21% vs 1.75% in Sep 2024
Consolidated Net Profit
QoQ Growth in quarter ended Dec 2024 is -44.44% vs 135.29% in Sep 2024
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
665.80
612.70
8.67%
Operating Profit (PBDIT) excl Other Income
54.50
39.50
37.97%
Interest
5.80
6.10
-4.92%
Exceptional Items
-0.50
0.00
Consolidate Net Profit
14.20
-8.90
259.55%
Operating Profit Margin (Excl OI)
18.60%
0.60%
1.80%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is 8.67% vs 7.08% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is 259.55% vs 79.49% in Dec 2023
About Altair Engineering, Inc. 
Altair Engineering, Inc.
Packaged Software
Altair Engineering Inc. is a technology company providing software and cloud solutions in the areas of product design and development, performance computing and data analytics. The Company’s software platform enables users for product designing and development, manufacturing, energy management and exploration, financial services, health care and conducting retail operations. The Company’s offered software platform are categorized by Design, Modeling and Visualization; Physics Simulation; Data Analytics; High Performance Computing and Internet of Things (IoT).
Company Coordinates 
Company Details
1820 E Big Beaver Rd , TROY MI : 48083-2031
Registrar Details






