Atlanta Electricals Ltd
Incorporated in 1983, Atlanta Electricals Ltd is in the business of supplying a wide range of power transformers.[1]
- Market Cap ₹ 12,220 Cr.
- Current Price ₹ 1,589
- High / Low ₹ 2,200 / 708
- Stock P/E 49.0
- Book Value ₹ 135
- Dividend Yield 0.00 %
- ROCE 47.0 %
- ROE 33.7 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 105% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 35.2%
Cons
- Stock is trading at 11.8 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 525 | 391 | 595 | 860 | 868 | 1,244 | 1,851 | 2,076 | |
| 483 | 359 | 548 | 745 | 749 | 1,051 | 1,504 | 1,694 | |
| Operating Profit | 42 | 32 | 47 | 115 | 119 | 194 | 347 | 382 |
| OPM % | 8% | 8% | 8% | 13% | 14% | 16% | 19% | 18% |
| 2 | 2 | 2 | 3 | 4 | 6 | 19 | 22 | |
| Interest | 23 | 22 | 21 | 27 | 30 | 34 | 57 | 51 |
| Depreciation | 3 | 3 | 4 | 4 | 6 | 6 | 16 | 22 |
| Profit before tax | 18 | 9 | 24 | 86 | 87 | 159 | 293 | 331 |
| Tax % | 28% | 34% | 27% | 26% | 27% | 26% | 26% | |
| 13 | 6 | 17 | 64 | 63 | 119 | 217 | 248 | |
| EPS in Rs | 1.78 | 0.83 | 2.42 | 8.91 | 8.85 | 16.58 | 28.23 | 32.29 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 36% |
| 3 Years: | 29% |
| TTM: | 59% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 105% |
| 3 Years: | 51% |
| TTM: | 94% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 61% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 35% |
| 3 Years: | 35% |
| Last Year: | 34% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 | 15 | 15 |
| Reserves | 67 | 73 | 90 | 154 | 217 | 336 | 929 | 1,021 |
| 65 | 56 | 76 | 73 | 49 | 146 | 52 | 74 | |
| 234 | 211 | 256 | 319 | 280 | 370 | 509 | 710 | |
| Total Liabilities | 380 | 355 | 436 | 560 | 560 | 866 | 1,505 | 1,821 |
| 38 | 47 | 47 | 46 | 65 | 76 | 259 | 268 | |
| CWIP | 7 | 1 | 0 | 3 | 12 | 113 | 30 | 67 |
| Investments | 1 | 1 | 1 | 1 | 1 | 1 | 196 | 186 |
| 336 | 306 | 389 | 510 | 482 | 676 | 1,021 | 1,301 | |
| Total Assets | 380 | 355 | 436 | 560 | 560 | 866 | 1,505 | 1,821 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 29 | -0 | 42 | 74 | 86 | 192 | ||
| -14 | -5 | -22 | -21 | -144 | -413 | ||
| -15 | 5 | -17 | -56 | 57 | 225 | ||
| Net Cash Flow | -0 | -0 | 3 | -3 | 0 | 5 | |
| Free Cash Flow | 20 | -3 | 35 | 42 | -27 | 78 | |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 107% | 5% | 52% | 82% | 66% | 79% |
Ratios
Standalone / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 140 | 181 | 145 | 111 | 76 | 103 | 84 |
| Inventory Days | 86 | 84 | 89 | 109 | 137 | 86 | 102 |
| Days Payable | 189 | 232 | 192 | 163 | 137 | 124 | 112 |
| Cash Conversion Cycle | 37 | 33 | 42 | 57 | 76 | 65 | 74 |
| Working Capital Days | 21 | 23 | 40 | 30 | 49 | 51 | 52 |
| ROCE % | 21% | 28% | 54% | 45% | 50% | 47% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Installed Capacity MVA |
|
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| Order Book Rs. Crores |
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| Power Transformer Revenue Share % of revenue |
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| Customer Count No. of customers |
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| Total MVA Produced MVA |
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| T&D Sector Revenue Share % of revenue |
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| Order Inflow Rs. Crores |
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Extracted by Screener AI
Documents
Announcements
-
Approval Of CAPEX By AE Components Private Limited, Wholly Owned Subsidiary Of The Company
- Subsidiary approved ₹193.58 crore CAPEX for a new transformer tanks, frames and radiators plant.
-
STATEMENT OF DEVIATION & VARIATION FOR THE QUATER ENDED SEPTEMBER 30, 2026.
- Q2 FY2026 statement shows no material deviation in IPO proceeds utilization for quarter ended 30 September 2026.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
- Q2 FY27 revenue rose 23.1% to ₹390.1 crore; PAT up 28% to ₹32.1 crore, order book ₹3,196.97 crore.
-
Announcement under Regulation 30 (LODR)-Investor Presentation
- Investor Presentation giving highlights of the unaudited financial results for the quarter and half year ended 30th September, 2026
- Results - Financial Results For Quarter And Half Year Ended On 30Th September, 2026
Concalls
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Oct 2026PPT
-
Jul 2026Transcript PPT REC
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May 2026Transcript PPT
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Jan 2026Transcript PPT REC
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Nov 2025Transcript PPT
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Oct 2025Transcript PPT REC
Business Overview:[1]
AEL is a manufacturer of power, auto, and inverter duty transformers in India. It is among the few companies in India that manufactures transformers up to and including 500 MVA / 765 kV capacity. As of FY26, it has a customer base in 19 states and 3 union territories, with a supply of 4,858 transformers, aggregating to 1,16,936 MVA to various state and national electricity grids, private sector players and renewable energy generation projects, and construction companies.