Atlanta Electricals Limited · NSE:ATLANTAELE
Atlanta Electricals — Q2 FY2026 Earnings Presentation
33 slides from Atlanta Electricals's earnings presentation, Nov 11, 2025
Slide 1: Q2 Atlanta – Investor Presentation Cover Letter
Q2 ATLANTA 11 November, 2025 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: ATLANTAELE
Slide 2: Investor Presentation Q2 & H1FY26
INVESTOR PRESENTATION Q2 & H1FY26 www.aetrafo.com
Slide 3: Disclaimer
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 a
Slide 4: Table of Contents
Table of Contents Particulars No. Financial Highlights 04 Company Overview 10 Business Overview 15 Way Ahead 24 Historical Financials 28
Slide 5: Financial Highlights
sil FINANCIAL HIGHLIGHTS
Slide 6: Management Commentary
Management Commentary “The first half of FY26 marks a period of continued momentum and operational strength for Atlanta Electricals. Building on the foundation laid in Q1, we sustained our growth trajectory with strong execution, steady order inflows, and enhanced manufacturing efficiency. Our perfo
Slide 7: Q2 FY26 Financial Snapshot
Q2 FY26 Financial Snapshot 15.5% 17.3% 317 55 Rs. crores Rs. crores 42 270 Revenue from Operations EBITDA* & EBITDA Margin% Q2FY25 Q2FY26 Q2FY25 Q2FY26 9.9% 8.0% 15.03 13.99 27 25 Rs. crores PAT & PAT Margin% Earnings Per Share Q2FY25 Q2FY26 Q2FY25 Q2FY26 *EBITDA- excluding Other Income
Slide 8: H1 FY26 Financial Snapshot
H1 FY26 Financial Snapshot 14.6% 16.4% 632 104 Rs. crores Rs. crores 570 83 Revenue from Operations EBITDA* & EBITDA Margin% H1FY25 H1FY26 H1FY25 H1FY26 9.1% 8.9% 15.68 56 14.47 Rs. crores 52 PAT & PAT Margin% Earnings Per Share H1FY25 H1FY26 H1FY25 H1FY26 *EBITDA- excluding Other Income
Slide 9: Operational Highlights (H1 FY26)
Operational Highlights (H1 FY26) Order Book (Rs. Cr.) 2,069 1,643 1,171 As on 30th September 2024 As on 30th June 2025 As on 30th Sept 2025 4.4% 4% Product Mix 4.2% Sector Mix 3% 6.4% 12% 85% 81% Power Transformer Auto Transformer Inverter Duty Transformer Others T&D Renewable Solar Renewable Wind O
Slide 10: Consolidated Income Statement
Consolidated Income Statement Particulars (Rs. In Crores) Q2FY26 Q2FY25 YoY% H1FY26 H1FY25 YoY % Revenue from Operations 316.96 270.22 17.3% 632 570 10.9% Cost of Materials Consumed 295 191 532 359 Changes in Inventories -76 5 -79 67 Gross Profit 97.72 74.53 31.1% 180 144 24.4% Gross Profit % 30.8%
Slide 11: Company Overview
lll COMPANY OVERVIEW
Slide 12: Atlanta at a Glance
Atlanta at a Glance 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 H1FY26 manufacturers with RoCE of 39.43%* 19 States & 3 UTs 1,01,700 MVA & Sales 4607+Tran
Slide 13: Key Milestones
Key Milestones Supplied 14, 6.3 MVA, 66 / 11 kV Awaited “Quality Supplied first 160 power transformers to NHPC and Excellence for MVA, 220 / 66 kV awarded as Best Company in the field Renewable” by Power Transformer of Technological Innovation during EXIM Club and 150 MVA, 220 / Vibrant Summit 2025
Slide 14: Guided By a Highly Experienced Team of Promoters and Board of Directors
Guided By a Highly Experienced Team of Promoters and 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
Slide 15: Strong Management Team
Strong Management Team 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 a
Slide 16: Business Overview
YY BUSINESS OVERVIEW
Slide 17: Leading Manufacturer of a Diverse Range of Transformers
Leading Manufacturer of a Diverse Range of Transformers 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
Slide 18: Update on Acquisition of Atlanta Trafo Private Limited
Update on Acquisition of Atlanta Trafo Private Limited* (100% Subsidiary) 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 / Constructe
Slide 19: Key Strengths
Key Strengths 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 Developme
Slide 20: Tailored Product Development Approach
Tailored Product Development Approach 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 Abi
Slide 21: Quality-Focused Manufacturing Excellence
Quality-Focused Manufacturing Excellence 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
Slide 22: Quality-Focused Manufacturing Excellence
Quality-Focused Manufacturing Excellence Core building Winding 35 Manufacturing 8 stations machines 98.28% Increasing Overall Capabilities 61.28% Capacity Utilization 7 14 Core coil Tanking FY25 assembly FY22 Workstations 6 2 stations Vacuum Vapor phase 4 Labs for Testing of Transformers up to 200 M
Slide 23: Detailed Manufacturing Process
Detailed Manufacturing Process 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 Insp
Slide 24: Way Ahead
i, aim i TTA
Slide 25: Industry Opportunity Transformer Market
Industry Opportunity Transformer Market 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 2
Slide 26: Key Strategies Going Forward
Key Strategies Going Forward 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 expansio
Slide 27: Historical Financial Statements
Historical Financial Statements
Slide 28: Disciplined Financial Approach (1/2) – Sustained Profitability with Expansion
Disciplined Financial Approach (1/2) -> Sustained Profitability with Expansion Revenue from Operations and FY25 Split EBITDA & EBITDA Margin (INR Cr) (INR Cr) EBITDA Margin (%) 1,244.18 14.28% 16.38% 14.20% 16.07% 873.88 867.55 199.88 625.66 143.12 123.16 89.36 FY22 FY23 FY24 FY25 FY22 FY23 FY24 FY2
Slide 29: Disciplined Financial Approach (2/2) – Capital Efficient Business Model
Disciplined Financial Approach (2/2) -> Capital Efficient Business Model Net Working Capital (Days) Debt-Equity Ratio Cash flow from Operations (No.s) (times) (INR Cr) 88.31 68 0.97 83.58 65 58 48 51.98 0.44 0.40 0.21 0.75 FY22 FY23 FY24 FY25 FY22 FY23 FY24 FY25 FY22 FY23 FY24 FY25
Slide 30: Operational Highlights (FY25)
Operational Highlights (FY25) Product Mix Sector Mix 4% 5% 4% 10% 16% 11% 75% 75% Power Transformer Auto Transformer Inverter Duty Transformer Others T&D Renewable solar Renewable Wind Others
Slide 31: Consolidated Income Statement
Consolidated Income Statement Particulars (Rs. In Crores) FY25 FY24 FY23 Revenue from Operations 124.4 86.8 87.4 Cost of Materials Consumed 86.1 67.6 70.6 Changes in Inventories 5.5 -4.0 -6.8 Gross Profit 32.78 23.23 23.55 Gross Profit % 26.3% 26.8% 26.9% Employee Benefits Expenses 2.9 2.2 1.7 Other
Slide 32: Consolidated Balance Sheet
Consolidated Balance Sheet ASSETS H1FY26 FY25 FY24 EQUITY AND LIABILITIES H1FY26 FY25 FY24 Equity Share Capital 15.4 1.4 1.4 Non-current assets Other Equity 766.5 33.6 21.4 Property, Plant and Equipment 439.1 6.9 6.2 Total Equity 781.9 35.0 22.8 Right-of-Use Assets 6.6 0.7 0.3 Goodwill 25.6 0.0 0.0
Slide 33: Thank You
THANK YOU For further information, please contact AdfactorsPR Atlanta Electricals Ltd. Mr. Chaitanya Satwe chaitanya.satwe@adfactorspr.com Ms Tejal S. Panchal Company Secretary & Compliance Officer Ms. Ashama Rajawat Ashama.Rajawat@adfactorspr.com
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