Atlanta Electricals Ltd
Incorporated in 1983, Atlanta Electricals Ltd is in the business of supplying a wide range of power transformers.[1]
- Market Cap ₹ 6,871 Cr.
- Current Price ₹ 894
- High / Low ₹ 1,098 / 708
- Stock P/E 47.4
- Book Value ₹ 102
- Dividend Yield 0.00 %
- ROCE 50.1 %
- ROE 41.0 %
- Face Value ₹ 2.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 43.5%
Cons
- Stock is trading at 8.79 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.
Peer comparison
Industrials Capital Goods Electrical Equipment Heavy Electrical Equipment
Part of BSE IPO
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 391 | 595 | 874 | 868 | 1,244 | 1,515 | |
| 359 | 548 | 733 | 749 | 1,051 | 1,252 | |
| Operating Profit | 32 | 47 | 140 | 119 | 194 | 264 |
| OPM % | 8% | 8% | 16% | 14% | 16% | 17% |
| 2 | 2 | 3 | 4 | 6 | 10 | |
| Interest | 22 | 21 | 28 | 30 | 34 | 51 |
| Depreciation | 3 | 4 | 5 | 6 | 6 | 18 |
| Profit before tax | 9 | 24 | 110 | 87 | 159 | 204 |
| Tax % | 34% | 27% | 21% | 27% | 26% | |
| 7 | 17 | 87 | 64 | 119 | 144 | |
| EPS in Rs | 4.88 | 12.12 | 61.10 | 44.37 | 16.57 | 19.49 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 28% |
| TTM: | 43% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 90% |
| TTM: | 87% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 37% |
| 3 Years: | 43% |
| Last Year: | 41% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 14 | 14 | 14 | 15 |
| Reserves | 72 | 90 | 151 | 214 | 336 | 767 |
| 56 | 76 | 74 | 49 | 146 | 362 | |
| 212 | 256 | 322 | 282 | 370 | 474 | |
| Total Liabilities | 355 | 436 | 561 | 559 | 866 | 1,618 |
| 47 | 47 | 47 | 65 | 76 | 471 | |
| CWIP | 1 | 0 | 3 | 12 | 113 | 29 |
| Investments | 0 | 0 | 1 | 1 | 1 | 13 |
| 306 | 389 | 510 | 482 | 676 | 1,104 | |
| Total Assets | 355 | 436 | 561 | 559 | 866 | 1,618 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 29 | -0 | 52 | 88 | 84 | |
| -14 | -5 | -18 | -36 | -141 | |
| -15 | 5 | -31 | -56 | 57 | |
| Net Cash Flow | -0 | -0 | 3 | -3 | 0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 181 | 145 | 109 | 76 | 103 |
| Inventory Days | 84 | 89 | 107 | 137 | 86 |
| Days Payable | 232 | 192 | 160 | 137 | 124 |
| Cash Conversion Cycle | 33 | 42 | 56 | 76 | 65 |
| Working Capital Days | 23 | 40 | 29 | 48 | 51 |
| ROCE % | 28% | 66% | 45% | 50% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
13 Feb - Monitoring Agency confirms IPO proceeds utilization of Rs.400cr (Q2 ended Dec 31, 2025); Rs.25.26cr unutilized, no deviations
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
13 Feb - Management to meet analysts on 18 February 2026, in-person Mumbai meeting; no UPSI discussed.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
11 Feb - Officials to attend Ambit Upnext Conference on 17 Feb 2026 in Mumbai; investor meetings; no UPSI.
-
Announcement under Regulation 30 (LODR)-Credit Rating
11 Feb - Crisil reaffirmed A/Stable and A1 for Rs 1,460 crore bank facilities (enhanced from Rs 910 crore) on Feb 11, 2026.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
5 Feb - Atlanta Electricals to attend Nuvama India Investor Conference on 11 February 2026; 1x1/group meetings; no UPSI.
Annual reports
No data available.
Concalls
-
Jan 2026Transcript PPT REC
-
Nov 2025Transcript PPT
-
Oct 2025Transcript PPT REC
Business Overview:[1][2]
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 200 Mega Volt-Amp capacity and with 220 kilovolts voltage. As of March 31st, 2025, it has a customer base in 19 states and 3 union territories, with a supply of 4,400 transformers, aggregating to 94,000 MVA to various state and national electricity grids,
private sector players and renewable energy generation projects, and construction companies