Atlanta Electricals Limited · NSE:ATLANTAELE
Atlanta Electricals — Q1 FY26 Earnings Presentation
32 slides from Atlanta Electricals's earnings presentation, Oct 17, 2025
Slide 1: Investor Presentation Q1FY26 – Intimation Letter to Exchanges
Q2 ATLANTA 17* October, 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 BSE Code: 544527 Symbol: ATLANTAELE S
Slide 2: Investor Presentation Q1
INVESTOR Qi
Slide 3: Disclaimer
Disclaimer Q2 ATLANTA 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 connec
Slide 4: Table of Contents
Table of Contents Q2 ATLANTA Financial Highlights ... 04 COMPANY OVEIVIRW ... 10 BUSINESS OVEIVIEW ..o 15 Way Ahead 24 Historical Financials ... 28
Slide 5: Financial Highlights
ii FINANCIAL HIGHLIGHTS
Slide 6: Management Commentary
Management Commentary Q@ AtLANTA “We have entered a defining new chapter as a listed company, with the overwhelming response to our IPO reaffirming the market’s trust in our growth journey as well as our uncompromising commitment to ethics, values, and sustainable progress. At Atlanta Electricals, w
Slide 7: Q1 FY26 Financial Snapshot
Q1 FY26 Financial Snapshot QR ATLANTA [13.8% ) (16.7% | [155% ) 411 69 Rs. crores Rs. crores 49 ] I 315 ] l Revenue from Operations EBITDA* & EBITDA Margin% EQIFY25 mQ4FY25 mQlFY26 EQIFY25 mQA4FY25 mQlFY26 [83% | [(20.9% ) [o0.0% | 24.95 45 Rs. crores 17.4 31 13.89 . 25 . PAT & PAT Margin% Earnings
Slide 8: Operational Highlights (Q1FY26)
Operational Highlights (Q1FY26) Q2 ATLANTA Order Book (Rs. Cr.) Product Mix 1,643 1,584 i I I Order Book W Ason 30thJune 2024 ® As on 31st March 2025 ® As on 30th June 2025 = Power Transformer = Auto Transformer m Inverter Duty Transformer = Others Sector Mix mT&D = Renewable Solar m Renewable Wind
Slide 9: Consolidated Q1 FY26 Income Statement
Consolidated Q1 FY26 Income Statement Q2 ATLANTA Particulars (Rs. Crores) Q1FY26 QIFY25 YoY% Revenue from Operations 315.1 299.9 5.1% Cost of Materials Consumed 236.1 168.1 Purchase of Stock-in-Trade 0.0 0.0 Changes in Inventories -2.8 62.1 Gross Profit 81.8 69.8 17.2% 1124 Gross Profit % 26.0% 23.3
Slide 10: Company Overview
All COMPANY OVERVIEW
Slide 11: Atlanta at a Glance
Atlanta at a Glance Q2 ATLANTA Track record of strong and sustained performance.. 30yrs BTW In transformer manufacturing Acquisition in April-2025 One of the leading Indian power, auto and inverter duty transformer as of FY25 manufacturers with RoCE of 39.43%* 19 Statsesl &3 UTs 94,000 MVA & ales 44
Slide 12: Key Milestones
Key Milestones QC ATLANTA Supplied ie 14, 6.3 MVA, 66 / 11 kV Supplied first 160 Quality Awaited “Quali power transformers to NHPC and Excellence for N MVA, 220 / 66 kV awarded as Best Company in the field Renewable” ” by of Technological Innovation durin, Power Transformer EXIM Club ';’.Z P 9 and 1
Slide 13: Guided By a Highly Experienced Team of Promoters and Board of Directors
Q2 ATLANTA 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 a Director \} Over 22 years of experience in Joined in 2022 with 17 years of Join
Slide 14: Strong Management Team
Strong Management Team QC ATLANTA Akshaykumar Banshilal Anand Sharma Mehul Sureshbhai Mehta Mathur Chief operating officer Chief Financial Officer 5 . . . 3 y Chief Executive Officer X . . . . ¢ Associated with us since 2022, with around 22 ) . . . . Cvs::(‘:lea:::ri":::eui;stlr?:efizlocilzf":::nt;;
Slide 15: Business Overview
Ny BUSINESS OVERVIEW
Slide 16: Leading Manufacturer of a Diverse Range of Transformers
Leading Manufacturer of a Diverse Range Q2 ATLANTA of Transformers Power Transformers starting from 5 MVA/11 kV up to 200 MVA/220 kV Products That Consistently Meet The Highest Global Standards End Use Industry / Application —_— Auto Transformer — ranging from Inverter Duty Transformer — a Auto Tran
Slide 17: Update on Acquisition of BTW-Atlanta Transformers JV
Update on Acquisition of BTW-Atlanta Q2 ATLANTA Transformers JV Acquisition to complement existing portfolio and add extensive capabilities to manufacture larger ratings of transformers Upto 765/1,200 kv* 84,025 / 20,000+ Sqg. Mts. 15,000 MVA Transformers & Reactors Range Owned [ Constructed Area Ca
Slide 18: Key Strengths
Key Strengths QC ATLANTA Strong Order Book Coupled With Manufacturing Capabilities With Well Diversified Customer Base 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 Deve
Slide 19: Tailored Product Development Approach
Tailored Product Development Approach Q2 ATLANTA Successfully manufactured and supplied transformers tailored to unique specifications for institutional + corporate customers o ( ) Ability to meet specific pre- o Designed for altitude e Designed for urban prios qualification requirements of > 3,000
Slide 20: Quality-Focused Manufacturing Excellence
Quality-Focused Manufacturing Excellence Q2 ATLANTA Operating three manufacturing facilities and one to be operational manufacturing facility in India, each equipped with advanced technology Anand (Gujarat) Unit | Anand (Gujarat) Unit Il Bangalore, Karnataka Installed Capacity 9,360 MVA Installed Ca
Slide 21: Quality-Focused Manufacturing Excellence
Quality-Focused Manufacturing Excellence Q2 ATLANTA [‘\ Core o @? building IR Winding | 35 cod e stations o machines Manufacturing Increasing Overall Capabilities Capacity ‘/ - o ..\ e Utilization \ 7 ° () c il — Tanking ’ 2 ore cZIJ Workstations assembly stations *o 4 Labs for Testing of Transforme
Slide 22: Detailed Manufacturing Process
Detailed Manufacturing Process Q2 ATLANTA Raw Material Received from the supplier’s end Copper, Examination. Tank and all the miscellaneous Reject Insulation Accept . Lamination Frame Parts Process Non Core Assembly Confirmance Accept Accept Process Non S QC Inspection > ¥ < QC Inspection Conformanc
Slide 23: Way Ahead
Slide 24: Industry Opportunity Transformer Market
Industry Opportunity Transformer Market Q2 ATLANTA Global vs Domestic Market Size for Transformers India Power Transformer Market (UsDBn) India (000’ units) 6.90% CAGR 8.2-8.5 vs. Global 913 58.9 56.2 347 7.5 2023 2029E m Power Transformers M Specialty* Others : mupto 66 kv m<66 kv <220kV l>220kVS76
Slide 25: Key Strategies Going Forward
Key Strategies Going Forward Q2 ATLANTA Innovative and focused marketing initiatives v Increase advertising efforts v’ Enhance after-sales support v Increase one-on-one customer interactions Increase market share v’ Improve capacity utilization levels v’ Digital tools to optimize operations i . ) )
Slide 26: Historical Financial Statements
&Il Il Historical Financial Statements
Slide 27: Disciplined Financial Approach (1/2) - Sustained Profitability with Expansion
Disciplined Financial Approach (1/2) -> Sustained q@aranm Ll Ll .o o .o Ll Profitability with Expansion L3 L3 .o .o L3 Revenue from Operations and FY25 Split EBITDA & EBITDA Margin (INRCr) CAGR 18. 75% (INR Cr) W EBITDA [ Margin (%) 1 244.18 ‘ 14.28% ‘ 16.38% ‘ 14.20% ‘ 16.07% 873.88 867.55 6256 199
Slide 28: Disciplined Financial Approach (2/2) - Capital Efficient Business Model
Disciplined Financial Approach (2/2) -> Q2 ATLANTA Capital Efficient Business Model Net Working Capital (Days) Debt-Equity Ratio Cash flow from Operations (No.s) (times) (INR Cr) 88.31 68 65 0.97 83.58 58 48 51.98 0.44 0.40 0.21 l 0.75 FY22 FY23 FY24 FY25 Fy22 Fy23 Fy24 FY25 FY22 FY23 FY24 FY25
Slide 29: Operational Highlights (FY25)
Operational Highlights (FY25) Q2 ATLANTA Product Mix Sector Mix 4% 10% m Power Transformer = Auto Transformer m Inverter Duty Transformer Others wT&D = Renewable solar m Renewable Wind Others
Slide 30: Consolidated Income Statement
Consolidated Income Statement Q@ ATLANTA 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 29 22
Slide 31: Consolidated Balance Sheet
Consolidated Balance Sheet Q2 ATLANTA As on 31t March As on 31t March As on 315t March As on 31t March As on 31t March As on 315t March ASSETS EQUITY AND LIABILITIES 202! 2024 2023 20: 2024 2023 Equity Share Capital 14 14 14 Non-current assets Other Equity 336 214 15.1 Property, Plant and Equipment
Slide 32: Thank You
THANK YOU For further information, please contact AdfactorsPR Atlanta Electricals Ltd. Mr. Chaitanya Satwe Ms Tejal S. Panchal Company Secretary & Compliance Officer Ms. Ashama Rajawat