Transcript of Earning Call held on 11th May, 2026

Atlanta Electricals reported exceptional Q4 FY26 results with revenue of INR747.6 crores (81.7% YoY growth) and EBITDA margins expanding to ~20%, while full-year FY26 revenue stood at INR1,851.5 crores with 48.8% growth. The company achieved complete debt-free status by repaying all INR340 crores of term loans ahead of schedule using IPO proceeds and internal accruals. Order book remained robust at INR2,493 crores providing strong execution visibility. Key strategic milestones include receiving PGCIL approval for 400KV at Vadod facility and securing first 400KV order. Management maintained 40% CAGR growth guidance for the next 3 years and set a target to grow exports to 15% of revenue. Capacity ramp-up planned with Vadod expected at 65% utilization in FY27.