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 54.2
- Book Value ₹ 131
- Dividend Yield 0.00 %
- ROCE 45.3 %
- ROE 31.7 %
- 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 96.1% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 34.2%
Cons
- Stock is trading at 12.1 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
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 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| 391 | 595 | 874 | 868 | 1,244 | 1,852 | 2,076 | |
| 359 | 548 | 733 | 749 | 1,051 | 1,507 | 1,698 | |
| Operating Profit | 32 | 47 | 140 | 119 | 194 | 345 | 378 |
| OPM % | 8% | 8% | 16% | 14% | 16% | 19% | 18% |
| 2 | 2 | 3 | 4 | 6 | 14 | 16 | |
| Interest | 22 | 21 | 28 | 30 | 34 | 57 | 51 |
| Depreciation | 3 | 4 | 5 | 6 | 6 | 26 | 38 |
| Profit before tax | 9 | 24 | 110 | 87 | 159 | 276 | 305 |
| Tax % | 34% | 27% | 21% | 27% | 26% | 27% | |
| 7 | 17 | 87 | 64 | 119 | 202 | 224 | |
| EPS in Rs | 0.98 | 2.42 | 12.22 | 8.87 | 16.57 | 26.24 | 29.20 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 36% |
| 3 Years: | 28% |
| TTM: | 59% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 96% |
| 3 Years: | 32% |
| TTM: | 83% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 61% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 36% |
| 3 Years: | 34% |
| Last Year: | 32% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 14 | 14 | 14 | 15 | 15 |
| Reserves | 72 | 90 | 151 | 214 | 336 | 914 | 992 |
| 56 | 76 | 74 | 49 | 146 | 51 | 73 | |
| 212 | 256 | 322 | 282 | 370 | 529 | 737 | |
| Total Liabilities | 355 | 436 | 561 | 559 | 866 | 1,509 | 1,818 |
| 47 | 47 | 47 | 65 | 76 | 507 | 528 | |
| CWIP | 1 | 0 | 3 | 12 | 113 | 30 | 68 |
| Investments | 0 | 0 | 1 | 1 | 1 | 13 | 3 |
| 306 | 389 | 510 | 482 | 676 | 959 | 1,219 | |
| Total Assets | 355 | 436 | 561 | 559 | 866 | 1,509 | 1,818 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 29 | -0 | 52 | 88 | 84 | 184 | |
| -14 | -5 | -18 | -36 | -141 | -403 | |
| -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 Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 107% | 5% | 49% | 94% | 65% | 77% |
Ratios
Consolidated / View Standalone
| 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% |
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
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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.