Atlanta Electricals reports 70% rise in FY26 profit
Atlanta Electricals Limited has reported strong financial performance for the quarter and financial year ended March 31, 2026, supported by revenue growth, margin expansion, and a debt-free balance sheet.
The company’s consolidated revenue from operations for FY26 increased 48.8% year-on-year to Rs 1,851.52 crore. Profit after tax (PAT) rose 70.1% to Rs 201.77 crore, while earnings before interest, taxes, depreciation and amortisation (EBITDA) grew 77.9% to Rs 344.44 crore. EBITDA margin expanded by 304 basis points to 18.60%.
During the fourth quarter, Atlanta Electricals recorded revenue of Rs 747.62 crore, up 81.7% year-on-year. PAT for the quarter rose 128.9% to Rs 102.19 crore. EBITDA margin for Q4 stood at 20.00%, reflecting an expansion of 333 basis points.
Mr. Niral Patel, Chairman and Managing Director of Atlanta Electricals, said FY26 marked the company’s first full financial year after its listing on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). He stated that the company’s manufacturing capacity has increased to 63,060 MVA across five facilities following an 18-month capacity expansion programme.
As of March 31, 2026, the company’s order book stood at Rs 2,493 crore, with 52% linked to 220 kV transformers and 11% related to 400 kV class transformers. During Q4, the company secured new orders worth Rs 733 crore, including a Rs 288 crore order from Karnataka Power Transmission Corporation Limited.
In May 2026, Atlanta Electricals also received a Rs 190 crore order from Rajasthan Rajya Vidyut Prasaran Nigam Limited for the supply of 53 power transformers.
The company further stated that it received approval from Power Grid Corporation of India Limited in April 2026 for manufacturing up to 400 kV class transformers at its Vadod facility.
Atlanta Electricals said its balance sheet is now fully deleveraged after repayment of the Vadod and BTW acquisition term loans. The company added that CRISIL reaffirmed its long-term credit rating at A/Stable, while its bank facilities were enhanced from Rs 910 crore to Rs 1,460 crore.
For FY27, the company plans to develop its first 400 kV transformer at Vadod and a 765 kV transformer at Atlanta Trafo. It also aims to expand exports, address domestic demand from battery energy storage systems (BESS), data centres, and renewable energy projects, and operationalise a new inverter duty transformer facility.
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