On 6 Nov 2026, Atlanta Electricals was priced at ₹1,462.10, or 30.6× trailing earnings, against an industry P/E of 30.0×, and the shares are 32% below their 52-week high. Sales and net profit grew 28% and 32% a year over 3 years; its ROCE of 32% is the highest among the 7 largest Electrical Equipment & Parts peers. It carries very little debt. It is a small-cap company with a market cap of ₹11,243 Cr, ranked 15th of 97 Electrical Equipment & Parts companies by market cap; the shares rose 47% over the past year.
- ₹1,445.80
- ₹1,470.00
- ₹1,408.00
- ₹1,473.70
- 93.8K
Health check
- ReturnsAhead
+46.9% over a year, better than 6 of 7 peers.
- Price tagIn line
P/E 30.6 vs industry 30.0.
- GrowthStrong
Sales +28.1%, profit +32.1% a year over 3 years.
- ProfitabilityStrong
ROCE 32.2% vs peer median 22.1%.
- Balance sheetSolid
Debt 0.07× equity, interest covered 9.3×, Piotroski 6 of 9.
- Red flags1 to check
32% below its 52-week high.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹11,243 Cr
- Small cap
- P/E
- 30.6
- Industry 30.0
- Price to book
- 11.15
- Peers 7.24
- Dividend yield
- 0.00%
- ROE
- 25.1%
- Peers 18.0%
- ROCE
- 32.2%
- Peers 22.1%
- Debt to equity
- 0.07
- Debt ₹73 Cr
- EPS (TTM)
- ₹47.73
- Face value ₹2
- OPM (TTM)
- 18.2%
- Net margin 10.8%
- Sales growth
- +23.1%
- Latest quarter vs a year ago
- Profit growth
- +28.0%
- Latest quarter vs a year ago
- Price to sales
- 5.42
- EV/EBITDA 29.7
Strengths and risks
Strengths
- Return on equity of 25.1%.
- Return on capital employed of 32.2%.
- Practically debt-free.
- Quarterly profit up 28.0% on a year ago.
- Quarterly sales up 23.1% on a year ago.
Risks to check
- 32% below its 52-week high.
About Atlanta Electricals
Atlanta Electricals Limited engages in the manufacture and sale of transformers to institutional and corporate customers in India. Its products include power, auto, inverter duty, generator, furnace, and transformers. It also provides after-sales support services. The company serves transmission, steel, dairies, solar, textile, construction, and infrastructure industries. Atlanta Electricals Limited was incorporated in 1988 and is based in Anand, India.
- Headquarters
- Anand
- Employees
- 505
- Sector
- Industrials
- ISIN
- INE0Z4F01028
- Website
- aetrafo.com
Price range
- Avg volume (3M)
- 1.7 L
- 1-year return
- plus 46.9%
- From 52-week high
- minus 32.1%
Peers · Electrical Equipment & Parts
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| POWERINDIAHitachi Energy India | 27,800.00 | minus 1.42% | 1,23,911 | 107.7 | 95.3 | 24.9% | 16.1% | 0.02 | 22.2% | plus 37.9% |
| CGPOWERCG Power and Industrial Solutions | 773.00 | minus 4.43% | 1,21,785 | 88.6 | 72.5 | 19.3% | 13.1% | 0.02 | 21.2% | plus 8.2% |
| POLYCABPolycab India | 7,871.00 | plus 0.28% | 1,18,613 | 37.5 | 29.0 | 30.4% | 13.6% | 0.02 | 26.6% | plus 3.8% |
| HAVELLSHavells India | 1,128.00 | plus 5.61% | 70,789 | 42.6 | 30.0 | 22.1% | 9.1% | 0.02 | 9.9% | minus 28.1% |
| APARINDSApar Industries | 14,106.00 | minus 9.65% | 59,065 | 41.6 | 30.7 | 26.7% | 9.5% | 0.12 | 17.0% | plus 87.2% |
| KEIKEI Industries | 3,988.00 | minus 1.80% | 38,143 | 36.1 | 29.9 | 18.7% | 11.0% | 0.04 | 19.1% | plus 1.8% |
| HONAUTHoneywell Automation India | 30,080.00 | minus 0.79% | 26,613 | 47.0 | 35.7 | 15.7% | 13.8% | 0.02 | 10.9% | minus 17.5% |
| ATLANTAELEAtlanta Electricals | 1,462.10 | minus 0.79% | 11,243 | 30.6 | 32.6 | 32.2% | 18.6% | 0.07 | 28.1% | plus 46.9% |
| Median of 7 peers | – | −1.42% | 70,789 | 42.6 | 30.7 | 22.1% | 13.1% | 0.02 | 19.1% | 3.8% |
Quarterly results
| ₹ Cr | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 317 | 472 | 748 | 466 | 390 | |
| 262 | 381 | 598 | 389 | 330 | |
| 54.8 | 91.3 | 150 | 77.7 | 59.6 | |
| 17.3% | 19.4% | 20.0% | 16.7% | 15.3% | |
| 1.6 | 4.1 | 7.6 | 1.8 | 3.4 | |
| 13.2 | 20.5 | 16 | 5.7 | 8.5 | |
| 5.5 | 9 | 9.3 | 10.1 | 10 | |
| – | −1.1 | −0.1 | – | – | |
| 37.7 | 64.8 | 132 | 63.6 | 44.5 | |
| 33.4% | 33.1% | 22.4% | 26.3% | 27.9% | |
| 25.1 | 43.3 | 102 | 46.8 | 32.1 | |
| 3.26 | 24.17 | 13.29 | 6.09 | 4.18 |
Profit & loss
- Sales CAGR 3Y
- +28.1%
- Profit CAGR 3Y
- +32.1%
- EPS CAGR 3Y
- +30.5%
- ROE
- 25.1%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 869 | 854 | 1,225 | 1,826 | |
| – | minus 1.6% | +43.4% | +49.1% | |
| 728 | 736 | 1,030 | 1,480 | |
| 141 | 119 | 195 | 346 | |
| 16.2% | 13.9% | 15.9% | 18.9% | |
| −11.5 | −9.9 | −17.4 | −9.8 | |
| 13.4 | 16.1 | 11.9 | 33.1 | |
| 5.1 | 5.9 | 6.3 | 26.1 | |
| −0 | 0.4 | 0 | −0.7 | |
| 110 | 87.3 | 159 | 276 | |
| 20.7% | 27.4% | 25.5% | 26.9% | |
| 87.5 | 63.5 | 119 | 202 | |
| – | minus 27.4% | +86.8% | +70.1% | |
| 12.22 | 8.87 | 15.43 | 27.17 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 14.3 | 14.3 | 14.3 | 15.4 | |
| 151 | 214 | 336 | 914 | |
| 74 | 48.8 | 146 | 50.7 | |
| 322 | 282 | 370 | 529 | |
| 561 | 559 | 866 | 1,509 | |
| 51.1 | 79.5 | 199 | 532 | |
| 3.9 | 14.6 | 122 | 49.3 | |
| 0.6 | 0.9 | 0.9 | 13.1 | |
| 3.1 | 0.2 | 0.4 | 6.7 | |
| 502 | 464 | 544 | 908 | |
| 561 | 559 | 866 | 1,509 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 52 | 88.3 | 83.6 | 184 | |
| −17.8 | −35.7 | −141 | −403 | |
| −31.3 | −55.6 | 57.3 | 225 | |
| 2.9 | −2.9 | 0.1 | 6.3 | |
| −6.8 | −32.2 | −113 | −116 | |
| 45.1 | 56.1 | −29.5 | 68.2 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 4.5% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.