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Atlanta Electricals Ltd (ATLANTAELE)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544527 NSE: ATLANTAELE Electric Equipment | Small Cap | Atlanta Electricals Share Price

₹2,151.85 99.45 (4.85%)

As on 04-Jun'26 16:59

Atlanta Electricals Ltd (ATLANTAELE)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544527 NSE: ATLANTAELE Electric Equipment | Small Cap | Atlanta Electricals Share Price

₹2,151.85 99.45 (4.85%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹16,547 Cr.
Current Price
₹2,151.9
52-Week Low / High
₹712 / 2,152
TTM EPS
₹28.2
TTM Sales
₹1,851 Cr.
Book Value per Share
₹122.8
P/E Ratio
76.23
In line with its 5-year historical median
Industry PE
56.3
Price to Book (P/B)
17.52
Price to Sales (P/S)
8.94
Higher than its 5-year historical median
EV/EBITDA
44.99
In line with its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
31.71%
Outperforms industry median
Return on Capital Employed (ROCE)
45.00%
Outperforms industry median
Return on Assets (ROA)
11.31%
Operating Profit Margin
13.7%
Net Profit Margin
7.3%
Gross Profit Margin
10.7%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-0.72%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-15.45%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-27.61%
Asset Quality
Promoter Holding
87.27%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹929 Cr.
Equity
₹15.4 Cr.
Face Value
₹2
All Time Low / High
₹712.00 / 2067.45

Atlanta Electricals stock performance

Key Ratios
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Check Before You Invest

Valuation

Somewhat Overvalued

Price Trend

Strong
Q.1 Is Atlanta Electricals Ltd a good quality company?
Atlanta Electricals Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Atlanta Electricals Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Atlanta Electricals Ltd vs industry peers?
Atlanta Electricals Ltd revenue CAGR is 14.36%, compared to the industry median CAGR of 13.01%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Atlanta Electricals Ltd?
Promoters hold 87.27% of the Atlanta Electricals Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Atlanta Electricals Ltd over the last decade?
Over the last - year(s), the stock has delivered a CAGR of N/A% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Atlanta Electricals Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 11.7%15.2%19.5%30.9%32%31.5%21.1%27.9%65.5%45%-
Value Creation
Index
-0.10.10.41.31.41.30.61.13.92.3-

Growth Parameters

Sales 1651541813384435253915958748681,851
Sales YoY Gr.--6.5%17.6%86.9%31.1%18.4%-25.5%52.2%46.8%-0.7%-
Adj EPS 0.40.30.51.61.71.80.82.412.28.828.2
YoY Gr.--27.3%59.4%219.6%1.2%7.9%-53.4%190.4%407.5%-27.8%-
BVPS (₹) 5.45.76.27.99.511.312.214.623.532.4122.8
Adj Net
Profit
2.923.310.510.612.7617.387.663.2217
Cash Flow from Ops. -3.96.37.226.117.612.329.1-0.45273.8-
Debt/CF from Ops. -18.98.371.935.31.9-175.71.40.7-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 20.3%14.4%30.4%-0.7%
Adj EPS 39.6%39.9%119.9%-27.8%
BVPS22%27.7%38.5%37.8%
Share Price - - - -

Key Financial Parameters

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
8.25.78.623.118.917.87.11864.331.636.4
Op. Profit
Mgn %
7.59.59.28.77.788.17.916.113.718.7
Net Profit
Mgn %
1.71.31.83.12.42.41.52.9107.311.7
Debt to
Equity
2.11.41.210.90.80.70.70.40.20
Working Cap
Days
0238232188191200276194174195102
Cash Conv.
Cycle
098795341353722465049

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales165154181338443525391595874868
Operating Expenses + 152139164309409483359548734749
Manufacturing Costs5209103362837
Material Costs142128147281374426309446638635
Employee Cost 33468119131722
Other Costs 351313184338845055
Operating Profit 1215172934423247140119
Operating Profit Margin (%) 7.5%9.5%9.2%8.7%7.7%8.0%8.1%7.9%16.1%13.7%
Other Income + 1122222234
Exceptional Items 0000000000
Interest 9121213182322212830
Depreciation 1112233456
Profit Before Tax 43516161892411087
Tax 112665372324
Profit After Tax 3231111136178863
PAT Margin (%) 1.7%1.3%1.9%3.1%2.4%2.4%1.5%2.9%10.0%7.3%
Adjusted EPS (₹)0.40.30.51.61.71.80.82.412.28.9
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Atlanta Electricals - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund + 35374051618187104168232
Share Capital 13131313131414141414
Reserves 2224273848677390154217
Debt +72514948486048706843
Long Term Debt339881215151074
Short Term Debt40414140364533606240
Minority Interest0000000000
Trade Payables603785132187220196235279238
Others Liabilities 76613161923274546
Total Liabilities 174132179243313380355436561560

Fixed Assets

Net Fixed Assets +14141420323847474765
Gross Block20212230435063677396
Accumulated Depreciation57810121316202631
CWIP 00102710312
Investments 22011111111
Inventories403342666610071109187239
Trade Receivables7866107130188201194236260180
Cash Equivalents 16151021172128323531
Others Assets 445681313122832
Total Assets 174132179243313380355436561560

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity + -46726181229-05274
PBT 43516161892411087
Adjustment 991011141716493134
Changes in Working Capital -17-5-61-5-179-70-72-25
Tax Paid -0-2-2-2-7-5-5-3-17-23
Cash Flow From Investing Activity + -3164-7-18-18-14-5-18-21
Capex 0-1-2-7-14-14-9-3-7-32
Net Investments 00-000-50-4-138
Others -3176-0-41-6233
Cash Flow From Financing Activity + 21-30-11-10-85-155-31-56
Net Proceeds from Shares 0000070000
Net Proceeds from Borrowing 0000040-8-3-3
Interest Paid -8-9-9-9-11-14-14-12-28-30
Dividend Paid 0000000000
Others 30-21-2-138-125-0-23
Net Cash Flow 14-8-09-8-0-0-03-3

Financial Ratio

PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)8.25.778.6923.1118.9617.887.0918.0964.2331.71
ROCE (%)11.6515.1819.4930.8731.9831.4521.1127.8565.4845
Asset Turnover Ratio1.051.121.31.641.61.521.061.511.751.55
PAT to CFO Conversion(x)-1.3332.332.361.640.924.83-00.591.17
Working Capital Days
Receivable Days156.10153.10156.40125.20130.80135.10184.10131.60103.6092.50
Inventory Days79.9077.1067.7057.2054.2057.608055.3061.8089.60
Payable Days155.20138.80151.30140.20155.50174.70246.30176.50147148.70

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Atlanta Electricals Ltd FAQs

The current trading price of Atlanta Electricals on 04-Jun-2026 16:59 is ₹2,151.9.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Jun-2026 the market cap of Atlanta Electricals stood at ₹16,547 Cr

The latest P/E ratio of Atlanta Electricals as of 03-Jun-2026 is 76.23.

The latest P/B ratio of Atlanta Electricals as of 03-Jun-2026 is 17.52.

The 52-week high of Atlanta Electricals is ₹2,151.9 and the 52-week low is ₹712.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Atlanta Electricals is ₹1,851 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Atlanta Electricals Ltd is a good quality company.

The key valuation ratios of Atlanta Electricals Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Atlanta Electricals Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Atlanta Electricals Ltd

Atlanta Electricals Limited wasincorporated as ‘Atlanta Electricals Private Limited’ as a private limitedcompany under the Companies Act, 1956 pursuant to a certificate ofincorporation dated December 15, 1988, issued by the Registrar of Companies,Gujarat, Dadra and Nagar Haveli at Ahmedabad.

The company is one of the leadingmanufacturers of power, auto and inverter duty transformers in India. With apan India presence and decades of experience in the transformer manufacturingindustry, it supplies a wide range of transformers. Its facilities adhere tothe industry standards, including ISO 9001:2015, ISO 14001:2015, and ISO45001:2018, positioning it as a reliable manufacturer of a wide range oftransformers, such as power distribution and special duty transformers. Thecompany’s NABL-accredited laboratories have enabled it to conduct all majorroutine tests internally, thereby reducing its reliance on external third-partylaboratories.

The company has developed relationshipswith important players in the transmission and distribution, renewable energyand mobility sectors, which have helped to support its growth. With years ofexperience in the transformer manufacturing industry, the company hasestablished a legacy of quality and technological. This extensive footprintdemonstrates its ability to meet the diverse needs of customers nationwide.

Business area of the company 

The company is engaged in manufacturing of power and special duty transformers. With a pan India presence and decades of experience in the transformer manufacturing industry, it supplies a wide range of transformers. Its manufacturing facilities adhere to the industry standards, including ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018.

Products of the company 

  • Power transformers: A static device that efficiently transfers electrical energy between circuits without changing the frequency, using electromagnetic induction.
  • Auto transformers: A type of transformer that uses a single winding for both the primary and secondary windings.
  • Furnace transformers: It designs and supplies a variety of furnace transformers, offering up to 24 pulses with multiple windings. Its heavy-duty transformers are rigorously tested to perform under challenging conditions, ensuring stability despite fluctuations in current and voltage. 
  • Inverter duty transformers: They are used to transfer electrical energy without changing the frequency and are suitable for solar and wind applications.
  • Special duty transformers: They are designed for unique applications, such as high-power testing laboratories, railway traction,rectifiers for electrochemical industries, and shore-to-ship power supplies at ports.

Key awards, accreditations, and recognitions

  • 2011: The company has received Best Company in Technological Innovation for the year 2009 from Vibrant Gujarat Summit 2011.
  • 2012: The company has received Special Recognition Award from Government of Gujarat.
  • 2016: The company has been awarded for exhibiting their Products and services at the Switch Global Expo 2016 as a valued exhibiting partner.
  • 2019: Best Equipment Supplier award from Gujarat Energy Transmission Corporation Limited.
  • 2021: The company has been awarded their incredible contribution in Industrial Segment as well as CSR Activities by Vithal Udyognagar Industries Association.
  • 2022: The company has received Rising Start Partners 2022 from SMS Group.
  • 2023: The company has received Quality Excellence Award in Renewable Energy from Exim Club, Association of Exporters and Importers.
  • 2025: ISO Certificate for Anand Unit 1 and Anand Unit 2 from TUV SUD South Asia Private Limited.
  • 2025: ISO Certificate for Bangalore Unit from TUV SUD South Asia Private Limited.
  • 2025: Pride of VUIA for incredible contribution under CSR Activities for 2024-25 from Vithal Udyognagar Industries Association.

History and milestones

  • 2006-07: Produced and supplied its first 50 MVA 132/66 kV Power Transformer to Gujarat Energy Transmission Corporation Limited.
  • 2008-09: Acquired the Anand Unit – II.
  • 2009-10: Received an order to supply 6.3 MVA transformers, designed for operation at 3,000 meters above sea level, under extreme temperatures.
  • 2010-11: Manufactured its first transformer for a testing laboratory.
  • 2010-11: Supplied 1500 KVA Testing Transformer to UL India Private Limited.
  • 2013-14: Produced its first 100 MVA, 220/66 kV copper wounded Power Transformer and supplied to Gujarat Energy Transmission Corporation Limited.
  • 2017-18: Supplied a 9 MVA, 33/6.4/0.695KV, testing transformer to an Institute, Bangalore.
  • 2017-18: Supplied the first 160 MVA, 220 / 66 kV copper wound power transformer, 150 MVA, 220 / 132 kV Auto Power Transformer and 100 MVA, 132 /66 kV Wound Auto Transformer to Gujarat Energy Transmission Corporation Limited.
  • 2018-19: Supplied 4000 MVA EHV class Transformer.
  • 2018-19: Started the Bangalore Unit.
  • 2019-20: Dynamic S.C. test performed on 40 MVA, 132 / 33 kV Power Transformer.
  • 2020-21: Dynamic Short Circuit test performed on 60 MVA, 220 / 33 kV Power Transformer.
  • 2021-22: Secured first major order for 60 / 80 MVA, 220 / 33 kV power transformers to Andhra Pradesh Solar Power Corporation Private Limited
  • 2021-22: Dynamic Short Circuit test performed on 100 MVA, 220 / 33 kV Power Transformer and supplied 9 units to Haryana Vidyut Prasaran Nigam Limited.
  • 2021-22: Secured an order for 30 MVA Testing Transformer for testing purpose.
  • 2021-22: Dynamic Short Circuit test performed on 17 MVA, 33 / 4 0.8 kV Aluminium Foil Winding Inverter Duty Transformer.
  • 2022-23: Dynamic Short Circuit test performed on 100 MVA, 220 / 66 kV Power Transformer.
  • 2022-23: Highest rating Dynamic S.C. test performed on 160 MVA, 220 / 66 kV Power Transformer.
  • 2023-24: Dynamic Short Circuit test performed on 160 MVA, 220 / 66 kV Power Transformer and supplied 3 units to Punjab State Transmission Corporation Limited.
  • 2023-24: Dynamic Short Circuit test performed on 160 MVA, 220 / 132 kV Auto Transformer and supplied 3 units to Rajasthan Rajya Vidyut Prasaran Nigam Limited.
  • 2023-24: Dynamic Short Circuit test performed on 160 MVA, 220 / 132 kV Auto Transformer and supplied 5 units to Uttar Pradesh Power Transmission Corporation Limited.
  • 2025-26: Set up a manufacturing facility at Vadod capable of producing up to 500 MVA, 400 kV class transformers with a production capacity of 30,540 MVA.
  • 2025-26: Acquired BTW - Atlanta Transformers India Private Limited as its wholly owned subsidiary capable of producing up to 500 MVA, 765 kV class transformers with a production capacity of 15,780 MVA.
  • 2025-26: Secured the first order for the supply of 315 MVA, 400 kV class transformer.
  • 2025-26: Secured the first order for the supply of 125 MVAR, 400 kV class reactor.

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