Atlanta Electricals Limited · NSE:ATLANTAELE
Atlanta Electricals — Q4 FY26 Earnings Presentation
31 slides from Atlanta Electricals's earnings presentation, May 9, 2026
Slide 1: Investor Presentation Q4FY26 – Exchange Intimation Letter
Q2 ATLANTA Date: 9" May, 2026 To, To, | Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G Dalal Street Bandra Kurla Complex Mumbai — 400 001 Bandra (E), Mumbai — 400 051 Scrip Code: 544527 Symbol: ATLANTA
Slide 2: Investor Presentation Q4 & FY26
INVESTOR PRESENTATION Q4 & FY26 www.aetrafo.com
Slide 3: Disclaimer
This presentation has been prepared by Atlanta Electricals Limited (the “Company”) solely for information purposes and does not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract
Slide 4: Financial Highlights, Company Overview, Business Overview
4 FINANCIAL HIGHLIGHTS 9 COMPANY OVERVIEW 14 BUSINESS OVERVIEW 22 WAY AHEAD 25 HISTORICAL FINANCIALS 3
Slide 5: Financial Highlights
sil FINANCIAL HIGHLIGHTS
Slide 6: Chairman and Managing Director's message on FY26
"FY26 has been a defining year for Atlanta Electricals, our first full financial year ending after our listing on the BSE and NSE on 29th September 2025. The 18 months of intensive capacity build-out has translated into delivery and growth, with our installed manufacturing capacity now at 63,060 MVA
Slide 7: Revenue, EBITDA and PAT Highlights
18.6% 15.6% 1,851.5 344.4 20.0% 1,244.2 16.7% 193.6 747.6 149.6 411.5 68.6 Q4FY25 Q4FY26 FY25 FY26 Q4FY25 Q4FY26 FY25 FY26 Revenue from Operations (Rs. Crores) EBITDA* (Rs. Crores) & EBITDA Margins % 10.9% 13.7% 9.5% 27.17 10.9% 201.8 16.57 118.6 13.29 102.2 44.7 6.24 Q4FY25 Q4FY26 FY25 FY25 Q4FY25
Slide 8: Order Book, Sector Mix and Product Mix
Order Book (Rs. Cr.) 2,493 2,451 2,069 1,584 As on 30th June 2025 As on 30th Sept 2025 As on 31st Dec 2025 As on 31st Mar 2026 FY25 FY26 FY25 FY26 Revenue - Product Mix Revenue - Sector Mix 4% 3% 3% 5% 0% 4% 2% 0% 4% 10% 8% 13% 17% 11% 75% 74% 81% 86% Power Auto Transformer Inverter Duty Transformer
Slide 9: Q4FY26 and FY26 Income Statement Summary
Particulars (Rs. In Crores) Q4FY26 Q4FY25 YoY% Q3FY26 QoQ% FY26 FY25 YoY% Revenue from Operations 747.6 411.5 81.7% 471.8 58.5% 1,851.5 1,244.2 48.8% Cost of Materials Consumed 475.0 278.7 407.1 1,413.6 861.4 Purchase of Stock-in-Trade 0.0 0.0 0.0 0.0 0.0 Changes in Inventories 50.7 20.4 (85.1) (113
Slide 10: Company Overview
Al COMPANY OVERVIEW
Slide 11: Track record of strong and sustained performance
Track record of strong and sustained performance… 30 yrs BTW In transformer manufacturing Acquisition in April-2025 One of the leading Indian power, auto and inverter duty transformer as of FY26 manufacturers with RoCE of 34.11%* 19 States & 3 UTs Sales 1,16,936 MVA & 4,858 Transformers Supplied 63,
Slide 12: Company milestones and history
Received PGCIL approval for 400kv transformers for Vadod Plant Supplied 14, 6.3 MVA, 66 / 11 kV Awaited “Quality Supplied first 160 power transformers to NHPC and Excellence for MVA, 220 / 66 kV 2026 awarded as Best Company in the field Renewable” by Power Transformer of Technological Innovation dur
Slide 13: Board of Directors
Niral Krupeshbhai Patel Amish Krupeshbhai Patel Tanmay Surendrabhai Patel Chairman and Managing Whole-time Director Whole-time Director Director • Over 22 years of experience in • Joined in 2022 with 17 years of • Joined in 2022 with over 22 years of transformer manufacturing industry combined exper
Slide 14: Key Management Personnel
Akshaykumar Banshilal Anand Sharma Mehul Sureshbhai Mehta Mathur Chief operating officer Chief Financial Officer Chief Executive Officer • Associated with us since 2022, with around 22 • Associated with us since 2015 with over 12 years of • Associated with us since 2005 with around 19 work experienc
Slide 15: Business Overview
AN BUSINESS OVERVIEW
Slide 16: Transformer Range
Power Transformers starting from 5 MVA/11 kV up to 500MVA/765 kV Products That Consistently Meet The Highest Global Standards End Use Industry / Application Auto Transformer – ranging from Inverter Duty Transformer – Auto Transformers 66 kV to 400 kV ranging from 0.60 kV to 33 kV Utilities Power [TB
Slide 17: Acquisition of BTW to add larger rating capabilities
Acquisition to complement existing portfolio and add extensive capabilities to manufacture larger ratings of transformers Upto 765/1,200 kV* 84,025 / 20,000+ Sq. Mts. 15,780 MVA Transformers & Reactors Range Owned / Constructed Area Capacity available for utilization International standard manufactu
Slide 18: Key strengths: order book, diversified customers, quality
Strong Order Book Coupled With Manufacturing Capabilities With 3 Well Diversified Customer Base 4 Focus on Quality Consistent growth in order book with High level of regulatory compliance and significant expansion of customer base health and safety measures Tailored Product 2 Development Approach 5
Slide 19: Transformers tailored to unique customer specifications
Successfully manufactured and supplied transformers tailored to unique specifications for institutional + corporate customers Ability to meet specific pre- 1 Designed for altitude 2 Designed for urban qualification requirements of > 3,000 meters environments Ability to meet technical specifications
Slide 20: Five manufacturing facilities with advanced technology
Operating five manufacturing facilities, each equipped with advanced technology Anand (Gujarat) Unit I Anand (Gujarat) Unit II Bangalore, Karnataka Installed Capacity 9,360 MVA Installed Capacity 6,660 MVA Installed Capacity 720 MVA For large rating (50 – 200 For power transformers (10-40 MVA Transf
Slide 21: Manufacturing capabilities, utilization and suppliers
Core building Winding 49 Manufacturing 13 stations machines Capabilities • 2 new facilities ramped up during FY26 46.34% 9 21 Core coil 61.28% • Utilization temporarily impacted due to capacity Tanking Workstations assembly expansion & commissioning 7 5 stations FY22 FY26 phase Vacuum Vapor phase Dr
Slide 22: Manufacturing process and quality control flow
Raw Material Received from the supplier’s end Copper, Examination. Tank and all the miscellaneous Reject Copper QC Inspection Purchase Insulation Accept Lamination Frame Parts Process Non Winding Core Assembly Confirmance Accept Accept Process Non QC Inspection QC Inspection Conformance Tank and Mis
Slide 23: Way Ahead
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Slide 24: Global vs Domestic Market Size for Transformers
Global vs Domestic Market Size for Transformers India Power Transformer Market (USD Bn) India (‘000’ units) $3.3-3.4bn 5.46 6.90% CAGR 8.15 8.2-8.5 1.6-1.7 91.3 vs. Global $1.3-1.4bn 2.1-2.2 58.9 56.2 3.2-3.4 0.6-0.7 34.7 0.8-0.9 4.5-4.6 7.5 3.7 27.6 1.8-1.9 20.5 2023 2029E FY25 FY29 Power Transform
Slide 25: Growth strategy: marketing, market share, customer expansion
Innovative and focused marketing initiatives Increase advertising efforts Enhance after-sales support Increase one-on-one customer interactions Increase market share Improve capacity utilization levels Digital tools to optimize operations Customer base expansion Strategic capital investm
Slide 26: Historical Financial Statements
Historical Financial Statements
Slide 27: Revenue, EBITDA, PAT and Return Ratios FY22-FY26
Revenue from Operations and FY26 Split EBITDA* & EBITDA Margin (INR Cr) (INR Cr) EBITDA Margin (%) 1,851.52 14.28% 16.38% 14.20% 15.56% 18.60% 1,244.18 344.44 873.88 867.55 625.66 193.58 143.12 123.16 89.36 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 PAT and PAT margin Return Ratios (INR Cr) P
Slide 28: Net Working Capital, Debt-Equity, Cash Flow
Net Working Capital (Days) Debt-Equity Ratio Cash flow from Operations (No.s) (times) (INR Cr) 184.33 68 0.97 65 64 58 48 88.31 83.58 0.44 0.40 51.98 0.21 0.05 0.75 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 27
Slide 29: Income Statement FY24-FY26
Particulars (Rs. In Crores) FY26 FY25 FY24 Revenue from Operations 1,851.5 1,244.2 867.6 Cost of Materials Consumed 1,413.6 861.4 675.6 Changes in Inventories (113.4) 54.9 (40.4) Gross Profit 551.3 327.8 232.33 Gross Profit % 29.8% 26.3% 26.8% Employee Benefits Expenses 41.9 29.4 21.6 Other Expenses
Slide 30: Balance Sheet
ASSETS FY26 FY25 FY24 EQUITY AND LIABILITIES FY26 FY25 FY24 Equity Share Capital 15.4 14.3 14.3 Non-current assets Other Equity 913.8 335.6 214.2 Property, Plant and Equipment 476.3 69.2 62.3 Total Equity 929.2 349.9 228.5 Right-of-Use Assets 6.1 7.2 2.6 Goodwill 24.4 0.0 0.0 Non-current liabilities
Slide 31: Thank You
THANK YOU For further information, please contact AdfactorsPR Atlanta Electricals Ltd. Mr. Arun Prakash arun.prakash@adfactorspr.com Ms Tejal S. Panchal Company Secretary & Compliance Officer Mr. Vivek Sahu vivek.sahu@adfactorspr.com