NSE: ATLANTAELE · BSE: 544527
ATLANTA ELECTRICALS LTD
Manufactures power transformers for electricity transmission and distribution, with capabilities spanning 132 kV to 400 kV voltage classes and a 765 kV platform under development. Order book stood at ₹3,116.63 cr as of Q1 FY27, with ₹972.42 cr added that quarter and ₹2,400 cr of the book executable in FY27. The 220 kV class accounts for over 55% of the order book, with major wins from state power utilities such as RVPNL (₹291.68 cr) and PSTCL (₹285.15 cr). Installed manufacturing capacity is 63,060 MVA, with a further ~5,000 MVA Inverter Duty Transformer (IDT) facility scheduled to commission by December 2026. The company is backward-integrating into transformer tanks and radiators under a ₹180 cr plan and is targeting 15% of revenue from exports over three years. Materials were 76.3% of FY26 revenue, making raw materials the largest cost line, while capital expenditure ran at 6.3% of revenue. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Power transformers (132 kV–400 kV), Inverter Duty Transformers (IDT), Transformer tanks and radiators. Asset-heavy transformer manufacturer with multi-year order book visibility
Exhibit 1: Financial summary, FY26–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY26 |
|---|---|
| Revenue | 1,852 |
| EBITDA (ex other income) | 343 |
| margin % | 18.5 |
| Owners' profit | 202 |
| EPS, as reported (₹) | 27.17 |
| ROE % · ROCE % | 21.7 · 34.6 |
| Debt / equity (x) | 0.05 |
| Cash from operations | 184 |
| Capex | (116) |
Exhibit 2: Quarterly performance, last 5 quarters
| ₹ crore | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|
| Revenue | 315 | 317 | 472 | 748 | 466 |
| Profit before tax | 42 | 38 | 65 | 132 | 64 |
| Net profit | 31 | 25 | 43 | 102 | 47 |
| EPS (₹) | 17.40 | 13.99 | 24.17 | 13.29 | 6.09 |
Exhibit 3: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 27 Oct 2026 · Board meeting set for 31 October to approve quarterly and half-year results | results | low | — | — |
| 6 Oct 2026 · Reg 74(5) demat certificate for Q2 FY26 filed | compliance | minimal | — | — |
| 25 Sept 2026 · Trading window closed from Oct 1 for Q2 and H1 FY26 results | compliance | minimal | — | — |
| 23 Sept 2026 · AGM voting results: All 6 resolutions approved by shareholders | compliance | minimal | — | — |
| 21 Sept 2026 · 38th AGM held; FY26 revenue up 48.8%, PAT up 70.1% | board shareholder meetings | medium | — | — |
| 15 Sept 2026 · Plant visit by JP Morgan-organized investor group on Sept 23 | board shareholder meetings | low | — | — |
| 29 Aug 2026 · Atlanta Electricals shares FY26 Annual Report weblink with shareholders | compliance | minimal | — | — |
| 29 Aug 2026 · Atlanta Electricals - 38th AGM Notice and FY25-26 Annual Report Dispatched | compliance | minimal | — | — |
| 27 Aug 2026 · Atlanta Electricals files FY26 Annual Report; revenue up 49%, PAT up 83% | results | high | — | — |
| 27 Aug 2026 · 38th AGM on Sept 21, 2026 to consider ESOS 2026, director reappointment and audits | board shareholder meetings | low | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.