Atlanta Electricals Ltd
Atlanta Electricals Ltd
Capital GoodsKey Fundamentals
MicrocapElectrical EquipmentCapital GoodsInsights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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41 extracted metrics + investor summaries across FY20–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
5- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 96.1% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 34.2%
Weaknesses
2- Stock is trading at 14.8 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
Growth Rate
AI Analysis — Bull vs Bear
Atlanta Electricals Ltd is a small-cap capital goods company with a market cap of Rs 12,300 Cr, trading at a PE of 56.9x and PB of 13.3x. The company has delivered exceptional profit growth of 96% CAGR over 5 years with consistent ROE above 32%, but pays no dividend and commands a premium valuation relative to its book value.
- Exceptional 5-year compounded profit growth of 96% CAGR demonstrates strong earnings momentum
- Consistent ROE track record with 3-year average of 34% and 5-year average of 36%, indicating efficient capital allocation
- Company is almost debt-free, reducing financial risk and interest burden
- TTM sales growth of 59% suggests robust demand and strong order execution in the capital goods cycle
- 3-year compounded sales growth of 28% shows sustained top-line expansion beyond a single-year spike
- 5-year compounded sales growth of 36% indicates the company has scaled consistently over a longer horizon
- Company has actively reduced debt, improving balance sheet quality and lowering leverage risk
- TTM profit growth of 75% outpaces TTM sales growth of 59%, suggesting improving operating leverage and margin expansion
- PE of 56.9x is elevated for a capital goods company, leaving limited margin of safety if growth slows
- Stock trades at 13.3x book value, a steep premium that prices in significant future growth
- Zero dividend yield despite repeated profitability suggests no cash return to shareholders
- Last year ROE of 32% dipped from 3-year average of 34% and 5-year average of 36%, indicating possible return compression
- Market cap of Rs 12,300 Cr on a small-cap company implies high growth expectations already embedded in the price
- Capital goods sector is cyclical; the current 59% TTM sales growth may not be sustainable through an economic downturn
- No dividend payout policy despite strong profitability limits income for long-term holders and raises capital allocation questions
- At 56.9x PE, even a modest earnings miss could trigger sharp de-rating given the premium multiple
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
- Q1FY26 net profit surges 70% Jul 22
Standalone net profit rose 70.4% YoY to ₹53.09 crore in Q1FY26. Revenue from operations jumped 48% to ₹466.33 crore.
- EHV/UHV expansion and export push Jul 21
Strategic plan to develop 400 KV and 765 KV transformers, launch a dedicated inverter duty transformer facility, expand exports, and strengthen backward integration.
- Debarment order withdrawn on appeal Aug 13
South Bihar Power Distribution withdrew its debarment order against Atlanta Electricals after the company filed an appeal. No major quality issues were found during the review.
- Motilal Oswal conference participation Aug 10
Officials will attend the Motilal Oswal 22nd Annual Global Investor Conference on August 19, 2026 in Mumbai. No UPSI to be discussed.
- Q1 FY27 earnings call scheduled Jul 17
Earnings call to discuss unaudited Q1 FY27 financial results scheduled for July 22, 2026. Management to review operational and financial performance.
TL;DR: Atlanta Electricals is delivering strong growth with Q1FY26 profit up 70% and revenue up 48%, supported by a clear capacity and product expansion roadmap into EHV/UHV transformers and exports. No material headwinds are visible after the South Bihar debarment was swiftly withdrawn. The trend is improving with robust earnings momentum and strategic investments positioning the company for higher-value orders in power transmission.
Quarterly Results
| Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 300 | 270 | 263 | 411 | 315 | 317 | 472 | 748 | 466 |
| Expenses | 259 | 228 | 221 | 343 | 266 | 262 | 381 | 598 | 389 |
| Operating Profit | 41 | 42 | 42 | 69 | 49 | 55 | 91 | 150 | 77 |
| OPM % | 14% | 16% | 16% | 17% | 15% | 17% | 19% | 20% | 17% |
| Other Income | 1 | 3 | 0 | 3 | 2 | 2 | 3 | 7 | 2 |
| Interest | 7 | 6 | 11 | 10 | 7 | 13 | 21 | 16 | 6 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 6 | 9 | 9 | 10 |
| PBT | 34 | 37 | 28 | 60 | 42 | 38 | 65 | 132 | 64 |
| Tax % | 27% | 28% | 21% | 25% | 26% | 33% | 33% | 22% | 26% |
| Net Profit | 25 | 27 | 22 | 45 | 31 | 25 | 43 | 102 | 47 |
| EPS in Rs | 17.36 | 18.77 | 3.11 | 6.24 | 4.35 | 3.26 | 5.64 | 13.29 | 6.09 |
Profit & Loss
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| Sales | 391 | 595 | 874 | 868 | 1,244 | 1,852 | 2,003 |
| Expenses | 359 | 548 | 733 | 749 | 1,051 | 1,507 | 1,630 |
| Operating Profit | 32 | 47 | 140 | 119 | 194 | 344 | 373 |
| OPM % | 8% | 8% | 16% | 14% | 16% | 19% | 19% |
| Other Income | 2 | 2 | 3 | 4 | 6 | 14 | 14 |
| Interest | 22 | 21 | 28 | 30 | 34 | 57 | 55 |
| Depreciation | 3 | 4 | 5 | 6 | 6 | 26 | 34 |
| PBT | 9 | 24 | 110 | 87 | 159 | 276 | 298 |
| Tax % | 34% | 27% | 21% | 27% | 26% | 27% | — |
| Net Profit | 7 | 17 | 87 | 64 | 119 | 202 | 217 |
| EPS in Rs | 4.88 | 12.12 | 61.1 | 44.37 | 16.57 | 26.24 | 28.28 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 14 | 14 | 14 | 15 |
| Reserves | 72 | 90 | 151 | 214 | 336 | 914 |
| Borrowings | 56 | 76 | 74 | 49 | 146 | 51 |
| Other Liabilities | 212 | 256 | 322 | 282 | 370 | 529 |
| Total Liabilities | 355 | 436 | 561 | 559 | 866 | 1,509 |
| Fixed Assets | 47 | 47 | 47 | 65 | 76 | 507 |
| CWIP | 1 | 0 | 3 | 12 | 113 | 30 |
| Investments | 0 | 0 | 1 | 1 | 1 | 13 |
| Other Assets | 306 | 389 | 510 | 482 | 676 | 959 |
| Total Assets | 355 | 436 | 561 | 559 | 866 | 1,509 |
Cash Flow
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Operating | 29 | 0 | 52 | 88 | 84 | 184 |
| Investing | -14 | -5 | -18 | -36 | -141 | -403 |
| Financing | -15 | 5 | -31 | -56 | 57 | 225 |
| Net Cash Flow | 0 | 0 | 3 | -3 | 0 | 6 |
| Free Cash Flow | 20 | -3 | 45 | 56 | -30 | 68 |
| CFO/OP | 107 | 5 | 49 | 94 | 65 | 77 |
Ratios
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 181 | 145 | 109 | 76 | 103 | 84 |
| Inventory Days | 84 | 89 | 107 | 137 | 86 | 102 |
| Days Payable | 232 | 192 | 160 | 137 | 124 | 112 |
| Cash Conversion Cycle | 33 | 42 | 56 | 76 | 65 | 74 |
| Working Capital Days | 23 | 40 | 29 | 48 | 51 | 55 |
| ROCE % | — | 28% | 66% | 45% | 50% | 45% |
Documents
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Company Information
Incorporated in 1983, Atlanta Electricals Ltd is in the business of supplying a wide range of power transformers.[1]