The company recorded 48.0% year-on-year (YoY) growth in revenue from operations at ₹466.33 crore, driven by healthy execution of domestic orders, higher capacity utilisation and continued demand from the transmission & distribution and renewable energy sectors.
EBITDA for Q1 FY27 increased by 58.1% YoY to ₹77.10 crore, while EBITDA margin expanded by 105 basis points YoY to 16.5%. Profit After Tax (PAT) rose by 50.4% YoY to ₹46.84 crore, supported by improved operating leverage, better execution and a favourable product mix.
The company’s order book stood at ₹3,116.63 crore as of 30th June 2026, reflecting strong business momentum and revenue visibility across transmission & distribution, renewable energy and industrial applications.
Key Business Updates:
- Order book stood at ₹3,116.63 crore as of 30th June 2026, registering a 25.0% QoQ growth, with Q1 FY27 order inflows of ₹972.42 crore, providing strong revenue visibility across transmission & distribution, renewable energy and industrial applications. The Company continues to witness healthy customer enquiries, underpinned by structural demand across the power infrastructure sector.
- The Company’s business mix continues to evolve towards higher-capacity transformers. Products rated 220 kV and above are contributing an increasing share of the order book and revenue mix, reflecting the Company’s successful move up the transformer value chain. Over 55% of the order book comprises 220 kV transformers, while 400 kV transformers and reactors contribute nearly ₹275 crore, demonstrating continued progress in the EHV transformer segment.
- During the quarter, Order of Rs. 291.68 crore order from Rajashthan Rajya Vidhyut Prasaran Nigam Ltd. (RRVPNL) for the supply of 4 units of 160 MVA, 220/132 kV, 63 units of 50 MVA, 132/33 kV & 12 units of 31.5 MVA, 132/33 kV Power Transformers further strengthening its order pipeline and reinforcing its leadership in high-capacity transformer manufacturing.
- The Company continues to strengthen its capabilities in the EHV and UHV transformer segments. Following PGCIL approval for manufacturing up to 400 kV class transformers at its Vadod facility, development of the 400 kV transformer at Vadod and 765 kV transformer at Atlanta Trafo remains on track, supporting long-term opportunities in transmission infrastructure, renewable energy, battery energy storage systems (BESS), data centres and export markets.
- Manufacturing operations continued to scale up following the successful commissioning of new capacities in FY26. The Company remains focused on increasing capacity utilisation, commissioning its Inverter Duty Transformer facility, progressing with Tank & Radiator backward integration, and enhancing manufacturing efficiencies to support future growth.
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.”
