Atlanta Electricals Reports Steady Growth in H1 FY26

13 Nov 2025 CW Team

Revenue from operations stood at Rs 3.17 billion in Q2 FY26, marking a 17.3 per cent year-on-year increase. For H1 FY26, revenue rose 10.9 per cent to Rs 6.32 billion. EBITDA margins were 17.3 per cent for Q2 and 16.4 per cent for H1, supported by operating leverage, a stronger power-transformer mix and more efficient procurement of copper and CRGO steel.

PAT grew 8.7 per cent in H1 FY26, although it declined 6 per cent in Q2 due to higher depreciation and interest costs relating to capacity expansion and working-capital requirements.

The company’s consolidated order book stood at Rs 20.69 billion as of September 2025, providing solid execution visibility for the next few quarters.

During Q2 FY26, Atlanta Electricals secured Rs 1 billion of transformer orders for large solar pooling substations in Bikaner, Bijapur and Pugal. This includes Rs 560 million for six 220/33–33 kV dual-secondary units (160–192 MVA) and Rs 400 million for six 80 MVA 220/33 kV units, signalling strong traction in the renewables segment.

On the export front, the company won an order worth Rs 200 million for 132/33 kV and 33/11 kV transformers, marking its entry into key markets across Asia and the Middle East.

Chairman and Managing Director Niral Patel said the first half of FY26 reflected operational discipline and improved efficiency. EBITDA reached Rs 550 million in Q2 and Rs 1.04 billion in H1, while PAT stood at Rs 250 million in Q2 and Rs 560 million in H1.

He added that growing demand across utilities, renewable energy and industrial applications—combined with increasing government focus on grid expansion and transmission upgrades—is creating favourable long-term opportunities.

Looking ahead, the company aims to sustain growth through timely execution, operational excellence and deeper domestic and overseas presence. With a strong balance sheet and a healthy pipeline, Atlanta Electricals remains well positioned to deliver long-term value.

Atlanta Electricals Limited (NSE, BSE: ATLANTAELE), one of India’s leading transformer manufacturers, has released its unaudited consolidated results for the quarter and half year ended 30 September 2025, reporting consistent revenue growth and strong order visibility. Revenue from operations stood at Rs 3.17 billion in Q2 FY26, marking a 17.3 per cent year-on-year increase. For H1 FY26, revenue rose 10.9 per cent to Rs 6.32 billion. EBITDA margins were 17.3 per cent for Q2 and 16.4 per cent for H1, supported by operating leverage, a stronger power-transformer mix and more efficient procurement of copper and CRGO steel. PAT grew 8.7 per cent in H1 FY26, although it declined 6 per cent in Q2 due to higher depreciation and interest costs relating to capacity expansion and working-capital requirements. The company’s consolidated order book stood at Rs 20.69 billion as of September 2025, providing solid execution visibility for the next few quarters. During Q2 FY26, Atlanta Electricals secured Rs 1 billion of transformer orders for large solar pooling substations in Bikaner, Bijapur and Pugal. This includes Rs 560 million for six 220/33–33 kV dual-secondary units (160–192 MVA) and Rs 400 million for six 80 MVA 220/33 kV units, signalling strong traction in the renewables segment. On the export front, the company won an order worth Rs 200 million for 132/33 kV and 33/11 kV transformers, marking its entry into key markets across Asia and the Middle East. Chairman and Managing Director Niral Patel said the first half of FY26 reflected operational discipline and improved efficiency. EBITDA reached Rs 550 million in Q2 and Rs 1.04 billion in H1, while PAT stood at Rs 250 million in Q2 and Rs 560 million in H1. He added that growing demand across utilities, renewable energy and industrial applications—combined with increasing government focus on grid expansion and transmission upgrades—is creating favourable long-term opportunities. Looking ahead, the company aims to sustain growth through timely execution, operational excellence and deeper domestic and overseas presence. With a strong balance sheet and a healthy pipeline, Atlanta Electricals remains well positioned to deliver long-term value.

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