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Atlanta Electricals

ATLANTAELE NSE
₹1,515.10 No trade today
P/E
53.57
View as Markdown
MCP
Close 4 Nov 2026 ₹1,515.10 +517.05 +51.8% 1Y
Start ₹998.05

Key Fundamentals

MicrocapElectrical EquipmentCapital Goods

Price-based figures as of · EPS basis: Consolidated · TTM

ROCE
45.30%
Debt to Equity
0.05
EPS (TTM)
₹28.28
Book Value
₹131.06
Market Cap
—
P/E (TTM)
53.57
P/B
11.56
ROE
31.70%
Dividend Yield
0.00%
EBITDA
₹360 Cr
52W High
₹2,152.60
52W Low
₹707.60
Volume
0

Peer Comparison

Industrials › Capital Goods › Electrical Equipment › Heavy Electrical Equipment

Atlanta Electricals peer comparison
Bharat Heavy Electricals
₹423.8551.25₹1,46,351 Cr5.520.35%6.23%9.14%₹37,782 Cr₹2,878 Cr
ABB
₹6,750.0047.87₹1,40,908 Cr15.321.36%22.40%29.90%₹13,477 Cr₹2,988 Cr
CG Power & Industrial Solutions
₹841.4596.28₹1,27,312 Cr15.170.16%20.50%26.70%₹13,699 Cr₹1,364 Cr
Hitachi Energy
₹29,100.00112.75₹1,24,045 Cr25.060.03%21.90%29.40%₹9,162 Cr₹1,149 Cr
Siemens
₹3,509.00—₹1,22,035 Cr9.030.53%19.20%21.40%₹18,062 Cr₹3,276 Cr
GE Vernova T&D
₹4,265.0083.66₹1,04,523 Cr33.150.25%57.40%77.40%₹6,712 Cr₹1,305 Cr
Siemens Energy
₹2,963.0070.90₹1,01,562 Cr21.930.14%50.50%67.80%₹9,436 Cr₹1,489 Cr
Atlanta Electricals (this company)
₹1,515.1053.57₹11,090 Cr11.560.00%31.70%45.30%₹2,003 Cr₹217 Cr
Median 8 companies₹3,236.0070.90₹1,23,040 Cr15.250.21%22.15%29.65%₹11,457 Cr₹1,427 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

52 Average

Data confidence 100/100

Category scores

Quality
69
Strong
Returns, margins, earnings quality 22% weight
Valuation
27
Poor
Cheap vs sector & own history 24% weight
Growth
97
Strong
Sales & profit trajectory 9% weight
Financial Health
67
Strong
Solvency, leverage, coverage 9% weight
Momentum
34
Poor
Trend strength, vol-adjusted 12% weight
Ownership
43
Weak
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

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 14.0 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallStrong Bearish1063
OscillatorsBearish261
Moving AveragesStrong Bearish802

Key readings

RSI (14)
38.96
Neutral
MACD (12,26,9)
−63.40
Bearish
SMA (50)
1,719.23
Bearish
SMA (200)
1,488.72
Bullish

As of

Analyst Rating

Based on 2 analysts
BUY100%

2 of 2 analysts rate Buy, 0 Hold, 0 Sell.

As of

BUY
2
100%
HOLD
0
0%
SELL
0
0%

Growth Rate

From the financial statements below. 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
5Y+36.49%
3Y+28.44%
1Y+48.87%
TTM+59.09%

Net profit

Net profit growth by window
5Y+95.91%
3Y+32.42%
1Y+69.75%
TTM+73.60%

Operating cash flow

Operating cash flow growth by window
5Y+44.71%
3Y+52.38%
1Y+119.05%
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
5Y+10.45 pp
3Y+2.61 pp
1Y+3.04 pp
TTM+2.58 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2021₹391 Cr
Mar 2022₹595 Cr
Mar 2023₹874 Cr
Mar 2024₹868 Cr
Mar 2025₹1,244 Cr
Mar 2026₹1,852 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2021₹7.00 Cr
Mar 2022₹17.00 Cr
Mar 2023₹87.00 Cr
Mar 2024₹64.00 Cr
Mar 2025₹119 Cr
Mar 2026₹202 Cr

Analyst Forecasts

Forecast For
Dec 26 consensus · EBITDA
₹117 Cr +85.2% vs Sep 26
Reported High Mean Low

AI Analysis — Bull vs Bear

Figures as of 23 Oct 2026
AI opinion · based on fundamentals
Risk high

Atlanta Electricals Ltd trades at ₹1,619.5 as of 2026-10-23 with a market cap of ₹12,453 Cr. The company has delivered exceptional profit growth of 96.1% CAGR over five years and maintains a near debt-free balance sheet (debt-to-equity of 0.05), but trades at a P/E of 57.27x and 13.4x book value with zero dividend payout.

Bull Case 8
  • Exceptional 5-year compounded profit growth of 96% CAGR demonstrates strong earnings momentum and scaling ability
  • Near debt-free balance sheet with debt-to-equity ratio of just 0.05, providing significant financial flexibility for future capex or acquisitions
  • Robust return on equity of 21.71% (TTM) backed by a 3-year average ROE of 34%, indicating efficient capital deployment
  • ROCE of 34.63% is well above typical cost of capital, suggesting the business generates substantial value from its invested capital
  • TTM sales growth of 59% and 3-year compounded sales CAGR of 28% indicate accelerating revenue traction in the capital goods space
  • Stock has appreciated 68% over the past 1 year, reflecting market recognition of the company's improving fundamentals
  • Company has actively reduced debt over recent periods, strengthening the balance sheet and lowering interest cost burden
  • TTM profit growth of 75% outpacing TTM sales growth of 59% suggests expanding margins and improving operating leverage
Bear Case 7
  • Price-to-book ratio of 13.4x is extremely rich, meaning investors are paying a steep premium over the company's net asset value
  • Zero dividend yield despite repeated profitability suggests shareholders receive no income return, with all capital appreciation dependent on stock price gains
  • Stock is trading 24.8% below its 52-week high of ₹2,152.6, indicating meaningful selling pressure or profit-booking from recent peaks
  • The stock has surged from a 52-week low of ₹707.6 to ₹1,619.5 — a 129% range — reflecting high volatility that may not suit all risk profiles
  • Market cap of ₹12,453 Cr on TTM EPS of ₹28.28 implies the market is pricing in sustained high growth; any earnings miss could trigger sharp corrections at these valuations
  • Limited 10-year historical data availability for sales, profit, and stock CAGR makes it difficult to assess long-term consistency and cyclicality of the business
  • Capital goods sector is inherently cyclical and tied to government and private capex cycles, posing risk if order inflows slow

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

21d ago

TL;DR: Atlanta Electricals has strong fundamentals. FY26 revenue grew 48.8% to ₹1,851.5 crore, EBITDA margin reached 18.6%, the balance sheet is free of term loans and capacity now stands at 63,060 MVA. The news contains no clear negatives, but ESOS 2026 could slightly dilute existing shareholders, and the company must use its larger capacity well to keep growing this fast. The trend looks positive, and the Q2FY27 results will show whether the margins and growth continue into FY27.

Positives 2
  • FY26 revenue up 48.8% Sep 21

    FY26 revenue was ₹1,851.5 crore, up 48.8% YoY, and EBITDA margin widened to 18.6%. The company also paid off its term loans and raised capacity to 63,060 MVA.

  • ESOS 2026 approved at AGM Sep 23

    Shareholders approved the Employee Stock Option Scheme 2026 at the 38th AGM. All six resolutions passed, including adoption of the financial statements and a director reappointment.

Neutral 2
  • JP Morgan investor meet, plant visit Sep 15

    The company set an investor and analyst meeting for September 23, 2026, organised by JP Morgan and including a plant visit. Discussions were limited to publicly available information.

  • Trading window closed for Q2FY27 Sep 25

    The trading window closes from October 1, 2026, ahead of the Q2FY27 and H1FY27 results. This is a routine compliance step.

Quarterly Results

₹ Cr
ATLANTAELE quarterly results, ₹ crore
Particulars Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales
300
270
263
411
315
317
472
748
466
390
Expenses
259
228
221
343
266
262
381
598
389
330
Operating Profit
41
42
42
69
49
55
91
150
77
60
OPM %
14%
16%
16%
17%
15%
17%
19%
20%
17%
15%
Other Income
1
3
0
3
2
2
4.11
7.56
2
3
Interest
7
6
11
10
7
13
21
16
6
8
Depreciation
2
2
2
2
2
6
9
9
10
10
PBT
34
37
28
60
42
38
65
132
64
45
Tax %
27%
28%
21%
25%
26%
33%
33%
22%
26%
28%
Net Profit
25
27
22
45
31
25
43
102
47
32
EPS (₹)
3.47
3.75
3.11
6.24
4.35
3.26
5.64
13.29
6.09
—

Sep 2026: from the results filed on 31 Oct 2026, ahead of the full statement, so some rows are blank.

Profit & Loss

₹ Cr
ATLANTAELE profit and loss, annual, ₹ crore
Particulars Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
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
345
373
OPM %
8%
8%
16%
14%
16%
19%
19%
Other Income
2
2
3
4
6
15.65
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 (₹)
0.98
2.42
12.22
8.87
16.57
26.24
28.28
Div. Payout %
0%
0%
0%
0%
0%
0%
—

Balance Sheet

₹ Cr
ATLANTAELE balance sheet, annual, ₹ crore
Particulars Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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

₹ Cr
ATLANTAELE cash flow, annual, ₹ crore
Particulars Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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/EBITDA
107
5
49
94
65
77

Ratios

ATLANTAELE financial ratios, annual
Particulars Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Atlanta Electricals insights

61 extracted metrics across FY21–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 87.27%
  • DIIs 4.97%
  • Public 4.91%
  • FIIs 1.46%
  • Others 1.39%

No promoter shares pledged as of 14 Oct 2026

Change vs previous quarter

Documents

Frequently Asked Questions about Atlanta Electricals

What does Atlanta Electricals Ltd do?
Incorporated in 1983, Atlanta Electricals Ltd is in the business of supplying a wide range of power transformers.
Where is Atlanta Electricals Ltd (ATLANTAELE) listed?
Atlanta Electricals Ltd trades as ATLANTAELE on the NSE and under code 544527 on the BSE.
Which sector does Atlanta Electricals Ltd belong to?
Atlanta Electricals Ltd is classified under the Capital Goods sector, in the Electrical Equipment industry.
What is the PE ratio of Atlanta Electricals Ltd?
Atlanta Electricals Ltd trades at a PE ratio of 53.57 as of 4 Nov 2026, on earnings per share of ₹28.28, against a book value of ₹131.06 per share.
What is the 52-week high and low of Atlanta Electricals Ltd?
Over the last 52 weeks Atlanta Electricals Ltd has traded between ₹707.6 and ₹2,152.6 as of 4 Nov 2026.
What is the Return on Equity (ROE) of Atlanta Electricals Ltd?
Atlanta Electricals Ltd reported a return on equity of 31.70%. Its debt-to-equity ratio is 0.05.

Company Information

Incorporated in 1983, Atlanta Electricals Ltd is in the business of supplying a wide range of power transformers.

Website aetrafo.com
CEO Mr. Niral Krupeshbhai Patel
Employees 311
Listed 29 Sep 2025
Face Value ₹2

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