Atlanta Electricals Limited (ATLANTAELE)

About

Atlanta Electricals manufactures heavy electrical equipment for India's industrial sector, with a June 2026 market cap of ₹12,925 Cr. The company is profitable, reporting ROE of 21.71% and net profits ranging from ₹31–₹106 Cr across recent quarters on revenues of ₹315–₹747 Cr. Ownership is concentrated, with promoters holding 87% and minimal leverage at D/E 0.05.

Face value: ₹2

Market cap

₹13,200 Cr

P/E

59.1×

P/B

14.2×

Dividend yield

0%

ROE

21.7%

ROCE

34.8%

Debt / equity

0.05

OPM

18.6%

EPS (TTM)

₹29.1

Book value

₹120.8

52-week high

—

52-week low

—

Key insights

Company research notes and source-linked reviews

Key risks

Valuation PE of 57.83 is high; verify whether earnings growth can sustain this multiple without correction. - Operating margin compressed from 20% (Mar 2026) to 16.5% (Jun 2026) despite 48% YoY revenue growth; verify whether this reflects seasonality or structural input-cost pressure. - EPS fell sharply to ₹6.09 (Jun 2026) from ₹17.40 (Jun 2025) despite revenue growth; verify whether share dilution, one-time items, or seasonal factors explain this divergence. - Public float is minimal at 6%, creating liquidity constraints; verify order visibility and earnings stability given the shallow market for this stock.

Generated analysis · source review pending

Growth drivers

YoY revenue grew 48% (₹315 Cr in Jun 2025 to ₹466 Cr in Jun 2026), signalling market demand; verify which customer segments and geographies are driving expansion and how long this growth can sustain. - Operating margin recovered from 15.48% (Jun 2025) to 19–20% in subsequent quarters; verify whether this margin level is durable as volume scales or whether June's 16.5% represents new normal. - ROE of 21.71% indicates efficient capital deployment; track capital allocation to assess whether the company can reinvest earnings at this return rate to fund growth. - Minimal debt (D/E 0.05) provides financial capacity to fund capex or acquisitions; verify management's capital allocation priorities and whether growth will be organic or inorganic.

Generated analysis · source review pending

246 historical price candles were omitted because the exchange source has not been verified.

₹1,716.5+5%1Y

Quick read

rule-based

Pros

+Strong return on equity of 21.7% (3-yr avg)
+High return on capital employed of 34.8%
+Almost debt-free (debt/equity 0.1)
+High promoter holding of 87.3% with no pledge

Cons

−Trading at 14.2× book value

Research score

Structured signal from quality, growth, valuation and momentum.

36/100

Business quality: 69
Valuation: 2

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Part ofNIFTY MICROCAP 250 NIFTY TOTAL MARKET

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Bharat Heavy Electricals LimitedBHELBHEL	₹1,46,596 Cr	₹1,54,783 Cr	₹35,993 Cr	₹3,383 Cr	6.9%	₹2,432 Cr	4.7%	6.8%	6.3%	119
Hitachi Energy India LimitedPOWERINDIAPOWERINDIA	₹1,39,553 Cr	₹1,39,553 Cr	₹9,163 Cr	₹1,424 Cr	15.4%	₹1,150 Cr	12.1%	28.8%	21%	-42
Cg Power And Industrial Solutions LimitedCGPOWERCGPOWER	₹1,38,443 Cr	₹1,38,443 Cr	₹12,821 Cr	₹1,638 Cr	13.1%	₹973 Cr	9.7%	26.2%	20.4%	48
Siemens Energy India LimitedENRINENRIN	₹1,18,724 Cr	₹1,18,724 Cr	₹9,436 Cr	₹2,024 Cr	19.3%	₹1,488 Cr	14.1%	33.8%	29%	-175
Ge Vernova T&D India LimitedGVT&DGVT&D	₹1,08,882 Cr	₹1,08,882 Cr	₹6,712 Cr	₹1,757 Cr	27.1%	₹1,305 Cr	19.9%	73.2%	55.3%	90
Suzlon Energy LimitedSUZLONSUZLON	₹53,473 Cr	₹53,737 Cr	₹17,429 Cr	₹3,019 Cr	18.1%	₹3,144 Cr	18.9%	31.7%	40.6%	117
Thermax LimitedTHERMAXTHERMAX	₹40,058 Cr	₹42,346 Cr	₹10,839 Cr	₹870 Cr	9.6%	₹593 Cr	6.7%	15.7%	13.7%	-0
Schneider Electric Infrastructure LimitedSCHNEIDERSCHNEIDER	₹30,495 Cr	₹30,939 Cr	₹2,920 Cr	₹336 Cr	12.8%	₹184 Cr	7.4%	28.5%	31.8%	61
Azad Engineering LimitedAZADAZAD	₹18,481 Cr	₹18,938 Cr	₹638 Cr	₹240 Cr	37.4%	₹139 Cr	22.2%	12.4%	9.1%	1,720
Triveni Turbine LimitedTRITURBINETRITURBINE	₹16,849 Cr	₹16,849 Cr	₹2,253 Cr	₹428 Cr	20.7%	₹336 Cr	16%	35.7%	26.3%	8
Karamtara Engineering LimitedKARAMTARAKARAMTARA	₹13,225 Cr	₹14,255 Cr	₹4,312 Cr	₹498 Cr	11.6%	₹229 Cr	5.3%	27.2%	20.8%	—
Atlanta Electricals LimitedATLANTAELEATLANTAELE	₹13,200 Cr	₹13,247 Cr	₹2,001 Cr	₹367 Cr	18.6%	₹224 Cr	10.9%	34.8%	21.7%	74

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2026
Revenue	1,852
COGS	1,300
Gross profit	551
	207
	344
OPM %	18.6%
Depreciation	26
Interest	57
	14
Profit before tax	276
Tax	74
Tax %	27%
PAT	202
PAT margin %	10.9%
EPS (₹)	27.2
EPS adjusted (₹)	26.2

₹ Cr	Mar 2026
Equity capital	15
Reserves	914
	47
	533
Total equity & liabilities	1,509
	507
CWIP	30
Investments	13
	959
Total assets	1,509

₹ Cr	Mar 2026
	184
	-403
	225
Net cash flow	6
Free cash flow	68
CFO / Operating profit %	53.5%

Return on equity

7 years: —
5 years: —
3 years: —
Last year: 22%

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2026
Margins
Gross margin %	29.8%
EBITDA margin %	18.6%
EBIT margin %	17.2%
PAT margin %	10.9%
Working capital
Receivable days	84
Inventory days	102
Payable days	112
NWC days	74
Leverage
Current ratio	1.69
Debt to EBITDA	0.14
Debt to equity	0.05
Interest coverage	5.9
Asset turnover	1.23
Return ratios
Return on assets %	13.4%
Return on capital employed %	34.8%
Return on equity %	21.7%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	87.27%	87.27%	87.27%	87.27%	87.27%
	1.81%	2.18%	2.4%	2.4%	1.92%
	4.08%	3.87%	4.16%	4.32%	4.75%
Government	0%	0%	0%	0%	0%
	6.84%	6.68%	6.17%	6.01%	6.06%
No. of shareholders	—	83,679	37,345	34,845	41,899

Promoter holding up 0 percentage points since Jun 2025.

4 deals · 29 Sept 2025 – 29 Sept 2025

Date	Client	Type	Venue	Side	Quantity	Price	Value
29 Sept 2025	TEENA K MORBIA	Bulk	NSE	Buy	5,33,560	₹841.65	₹44.91 Cr
29 Sept 2025	JUNOMONETA FINSOL PRIVATE LIMITED	Bulk	NSE	Sell	4,40,312	₹830.25	₹36.56 Cr
29 Sept 2025	JUNOMONETA FINSOL PRIVATE LIMITED	Bulk	NSE	Buy	4,40,308	₹829.77	₹36.54 Cr
29 Sept 2025	TEENA K MORBIA	Bulk	NSE	Sell	18,560	₹830.78	₹1.54 Cr

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Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. PATEL NIRALExecutive Director-Chairperson related to Promoter-MD
Mr. PATEL TANMAYExecutive Director
Mr. AMISH KRUPESHBHAI PATELExecutive Director
Mr. MILIN KAIMAS MEHTANon-Executive - Independent Director
Mr. BHADRESH BHUPENDRABHAI CHAUHANNon-Executive - Independent Director
Mr. DUKHABANDHU RATHNon-Executive - Independent Director
Mrs. JINKAL DARSHAN PATELNon-Executive - Independent Director
Tejalben Saunakkumar PanchalCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

Portfolio month

Schemes holding

9

across 5 fund houses

Held by these funds

0.96%

of the company's equity

All mutual funds

4.23%

shareholding pattern, Jun 2026

Portfolios as of

August 2026

compared with July 2026

9 schemes · 5 fund houses

		Shares
SMALL CAP FUND	Bank of India Mutual Fund	2.2 L	40.27	1.22%	0.286%	-0
Portfolio of Kotak Infrastructure & Economic Reform FundNEW	Kotak Mahindra Mutual Fund	1.8 L	32.95	1.32%	0.234%	—
Portfolio of Kotak Large Cap FundNEW	Kotak Mahindra Mutual Fund	1.55 L	28.32	0.26%	0.201%	—
Energy Opportunities Fund	ICICI Prudential Mutual Fund	81,852	14.98	0.18%	0.106%	-82,153
Aggressive Hybrid FundNEW	Bank of India Mutual Fund	68,137	12.47	0.61%	0.089%	—
(Investment Manager for Motilal Oswal Mutual Fund)	Motilal Oswal Mutual Fund	25,521	4.67	0.19%	0.033%	-558
Multi Asset Allocation FundNEW	Bank of India Mutual Fund	6,894	1.26	0.33%	0.009%	—
IB18-Groww Nifty Total Market Index Fund	Groww Mutual Fund	174	0.03	0.01%	0%	+1

1–8 of 9

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

30

Offer and rights documents

1

Atlanta Electricals Limited — PROSPECTUSListing · 26 Sept 2025

Credit ratings

2

Investor Presentation and earnings call

5

Jul 2026Transcript AI Summary PPT REC
May 2026Transcript AI Summary PPT

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

1

Board meeting to consider results21 Jul 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

23 announcementsExport CSV

21 Sept 2026, 6:18 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

15 Sept 2026, 1:52 pmCompany Update

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Analyst / Investor Meet PDF

29 Aug 2026, 11:47 amCompany Update

Communication To Shareholders For Weblink Of The Annual Report For The Financial Year 2025-26

General PDF

29 Aug 2026, 11:45 amCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

27 Aug 2026, 6:24 pmOthers

Reg. 34 (1) Annual Report.

Reg. 34 (1) Annual Report PDF

27 Aug 2026, 6:00 pmAGM/EGM

Notice Of 38Th Annual General Meeting To Be Held On Monday, September 21, 2026 At 03.00 P.M. In Physical Mode.

AGM PDF

18 Aug 2026, 5:59 pmCompany Update

Announcement under Regulation 30 (LODR)-Press Release / Media Release

Press Release / Media Release PDF

18 Aug 2026, 5:48 pmCompany Update

Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

Award of Order / Receipt of Order PDF

Date	Category	Subject	Filing
21 Sept 2026, 6:18 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
15 Sept 2026, 1:52 pm	Company Update Analyst / Investor Meet	Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

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Atlanta Electricals Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Compounded returns

Return on equity

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

Documents

Announcements

Offer and rights documents

Credit ratings

Investor Presentation and earnings call

Events

Board meetings1

Announcements

Ratio timeline

Board meetings1

Not in the F&O segment

Quarterly record

Bulk & block deals

Board and management

Announcements

Offer and rights documents

Credit ratings

Investor Presentation and earnings call

Profit & loss

Balance sheet

Cash flow

Compounded returns

Return on equity

1

1