Atlanta Electricals Limited Reports Robust Q1 FY27 Results with 48% Revenue Surge and ₹3,117 Crore Order Backlog

Atlanta Electricals Limited (NSE, BSE: ATLANTAELE), one of India's leading manufacturers of power transformers, has announced its unaudited financial results for the first quarter ended June 30, 2026 (Q1 FY27). Driven by sustained demand in transmission and distribution (T&D) and renewable energy sectors, the company kicked off the new fiscal year with substantial top-line and bottom-line expansion.

Key Financial & Operating Performance Highlights

Consolidated Q1 FY27 Financial Metrics

Revenue from Operations: Grew 48.0% Y-o-Y to ₹466.33 crore, up from ₹315.11 crore in Q1 FY26.

EBITDA (Excluding Other Income): Expanded 58.1% Y-o-Y to ₹77.10 crore compared to ₹48.78 crore in Q1 FY26.

EBITDA Margin: Expanded by 105 basis points Y-o-Y to 16.5% (vs. 15.5% in Q1 FY26).

Profit After Tax (PAT): Increased 50.4% Y-o-Y to ₹46.84 crore compared to ₹31.14 crore in Q1 FY26, yielding a net profit margin of 10.0%.

Order Book and High-Capacity Business Mix

Atlanta Electricals reported a strong order pipeline and expanding business momentum, moving up the high-voltage transformer value chain:

Order Backlog: Reached ₹3,116.63 crore as of June 30, 2026, marking a 25.0% quarter-on-quarter growth.

Quarterly Order Inflow: Secured ₹972.42 crore in new order wins during Q1 FY27.

Major Order Win: Secured a ₹291.68 crore order from Rajasthan Rajya Vidhyut Prasaran Nigam Ltd. (RRVPNL) for the supply of power transformers, including 4 units of 160 MVA (220/132 kV), 63 units of 50 MVA (132/33 kV), and 12 units of 31.5 MVA (132/33 kV).

High-Voltage Share: Products rated 220 kV and above now make up over 55% of the company's total order book. Additionally, 400 kV transformers and reactors contribute nearly ₹275 crore to the order backlog.

Capacity Expansion and Strategic Initiatives

The company continues to scale up its technical capabilities across Extra High Voltage (EHV) and Ultra High Voltage (UHV) transformer categories:

EHV & UHV Development: Following PGCIL approval for 400 kV class transformer manufacturing at its Vadod facility, development of 400 kV transformers at Vadod and 765 kV transformers at Atlanta Trafo remain on schedule.

Manufacturing & Integration: Operations continue to expand post-FY26 capacity additions. Current focus areas include commissioning the new Inverter Duty Transformer facility, progressing backward integration into tanks and radiators, and increasing overall plant utilization.

Mr. Niral Patel, Chairman and Managing Director, Atlanta Electricals Limited, said, "We have commenced FY27 on a strong note, building on the momentum established over the past year. During the quarter, consolidated revenue from operations grew 48.0% year-on-year to ₹466.33 crore, while EBITDA increased 58.1% to ₹77.10 crore, resulting in an EBITDA margin of 16.5%. Profit after tax rose 50.4% year-on-year to ₹46.84 crore, reflecting the benefits of our expanded manufacturing capacity, disciplined execution and improving operating leverage.

Our order book increased 25.0% sequentially to ₹3,116.63 crore, providing strong revenue visibility and reaffirming the robust demand environment across transmission & distribution, renewable energy and industrial applications. We are also witnessing a gradual transformation in our business mix, with higher-capacity transformers contributing an increasing share of both our order book and revenue. This reflects the successful execution of our strategy to move up the transformer value chain, strengthen our presence in the EHV segment, and enhance the quality of our earnings over the long term.

Looking ahead, we remain confident in the long-term opportunities emerging from India's expanding power infrastructure. Demand continues to be structural, driven by investments in transmission network expansion, renewable energy integration, battery energy storage systems, industrial electrification and data centre development. We remain focused on increasing capacity utilisation across our manufacturing facilities, expanding our export footprint, commissioning our Inverter Duty Transformer facility, progressing our backward integration initiatives, and advancing our capabilities in the EHV and UHV transformer segments, including the development of 400 kV and 765 kV transformers. These strategic initiatives will further strengthen our manufacturing capabilities and position us well for sustained long-term growth."

Shares of Atlanta Electricals Limited was last trading in BSE at Rs. 1740.65 as compared to the previous close of Rs. 1699.15. The total number of shares traded during the day was 26487 in over 2852 trades.

The stock hit an intraday high of Rs. 1765.85 and intraday low of 1699.55. The net turnover during the day was Rs. 45772027.00.

Source : Equity Bulls

Keywords

AtlantaElectricals INE0Z4F01028 HeavyElectricalEquipment Q1FY27 Q1FY2027 ResultUpdate