Atlanta Electricals Reports Strong Q1 Results, Secures Rs 183.54 Crore Order

1 min read Updated on 17 Oct 2025, 10:31 PM

Reviewed by

Naman SScanX News Team

Overview

Atlanta Electricals Limited (AEL) has won a Rs 183.54 crore order from BNC Power Projects Ltd for EHV equipment. The company reported a 5.1% increase in Q1 consolidated revenue to Rs 315.11 crore, with EBITDA up 17.8% and PAT up 25.3%. AEL completed the acquisition of BTW Atlanta Transformers, adding 15,000 MVA capacity. CRISIL upgraded AEL's long-term rating to A/Stable and short-term rating to A1.

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Atlanta Electricals Limited (AEL), a leading transformer manufacturer in India, has recently announced significant developments that underscore the company's growth trajectory.

Major Order Win

AEL has secured a substantial order worth Rs 183.54 crore from BNC Power Projects Ltd. The order encompasses the supply of extra-high voltage (EHV) equipment for the RSDCL - Pugal site, including 315 MVA, 400 KV and 100 MVA, 132 KV transformers, along with a 400 KV bus reactor.

Niral Patel, Managing Director of Atlanta Electricals Limited, commented, "This is a marquee win in our EHV portfolio and a strong endorsement of Atlanta's design, testing and execution capabilities. The product mix of EHV power transformers and bus reactor plays to our core strengths and expands our reference base in grid-critical projects."

This order is expected to provide multi-quarter execution visibility and support a steady manufacturing run-rate, potentially improving capacity utilization and operating leverage across AEL's Anand facilities.

Q1 Financial Performance

Atlanta Electricals has reported robust financial performance in its Q1 results:

Metric	Amount (Rs Crore)	Year-over-Year Change
Consolidated Revenue	315.11	Up 5.1% from 299.92
EBITDA	48.77	Up 17.8%
EBITDA Margin	15.5%	Expanded 170 basis points
Profit After Tax	31.14	Up 25.3%
PAT Margin	9.88%	-

The company maintains a strong order book of Rs 1,584 crore as of the end of the quarter.

Recent Corporate Actions

Atlanta Electricals completed the acquisition of BTW Atlanta Transformers India Pvt. Ltd. This acquisition adds 15,000 MVA capacity, bringing the company's total installed capacity to 63,060 MVA across five manufacturing facilities.

In a positive development for the company's financial standing, CRISIL upgraded Atlanta Electricals' long-term rating to CRISIL A/Stable from CRISIL BBB+/Positive and its short-term rating to CRISIL A1 from CRISIL A2.

Company Overview

Atlanta Electricals operates transformer manufacturing facilities in Gujarat and Karnataka. The company has supplied 4,400 transformers totaling 94,000 MVA across India, solidifying its position in the power infrastructure sector.

With a strong order book, strategic acquisition, and robust quarterly results, Atlanta Electricals Limited appears to be well-positioned for continued growth in the power infrastructure sector.

Note: All financial figures are in Indian Rupees (INR).