ATLANTAELECapital Goods

Atlanta Electricals Limited

Heavy Electrical Equipment · ISIN INE0Z4F01028 · BSE 544527 · NSE EQ · FV ₹2
Last price
₹1,515
+7.23%today
What this company does

Atlanta Electricals Limited operates in Heavy Electrical Equipment, part of the Capital Goods sector. It booked ₹390 cr of revenue in its latest quarter (Q2 FY27) and kept 8.2% of sales as profit.

48out of 100
Equitytale Health Score
Mixed

Healthier than 48% of companies in Capital Goods, on the 5 of 6 measures we could read for it. Each measure is ranked against the 105–127 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
oversold
RSI (14)
28

At close. Not part of the score.

Profitability & returns49

How much profit it earns on the money it employs

Balance sheet47

How much it owes, and whether earnings cover the interest

Cash quality52

Whether reported profit actually arrives as cash

Valuation19

What today's price implies, against our models or its peers

Governance & risk88

How much of the promoters' stake is pledged, and how much they hold

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Looks broadly healthyPriced in line with peers ↓
Strengths
✓ Makes a profit
✓ Sales up 23% vs last year
✓ Profit up 28% vs last year
✓ Promoters hold 87%
✓ No promoter shares pledged
✓ Virtually debt-free
✓ Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in ATLANTAELE?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 5% a year, it would become
₹15.50 lakh

The slider starts at 5%, taken from a generic assumption, not this company's history. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹1,515▲ +7.23%
latest close · 2026-11-04
52-wk low ₹1,32974 sessions so far52-wk high ₹1,987
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio90.6High
LowAverageHigh
P/B ratio11.55High
Below bookModerateHigh
EV / EBITDA46.5High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity12.7%Fair
WeakFairStrong ▸15%
Return on capital20.4%Strong
WeakFairStrong
Net margin8.2%Decent
ThinDecentStrong
EBITDA margin16.2%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.07Comfortable
LowModerateHigh ▸1
Interest cover6.3×Strong
RiskyOkayStrong ▸5×
Current ratio1.53Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹11,642 cr
Book value
₹131
EPS
₹4.18
latest quarter
Net debt
₹65 cr
owes more than its cash
Enterprise value
₹11,707 cr
EBITDA
₹252 cr
annualised
EBIT
₹212 cr
annualised
Operating margin
13.6%
Return on assets
7.1%
Earnings yield
1.10%
P/S
7.46
Sales / share
₹203.1
Tax rate
27.9%
Face value
₹0
Shares
7.7 cr
Working capital
₹415 cr
Current assets
₹1,195 cr
Current liabilities
₹780 cr
Delivery %
47.8%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹113–₹290, midpoint ₹202

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹390 cr
Other Income₹3 cr
Total Income₹393 cr
Cost of Materials₹396 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-110 cr
Employee Benefit Expense₹12 cr
Finance Costs₹8 cr
Depreciation & Amortisation₹10 cr
Other Expenses₹32 cr
Total Expenses₹349 cr
Profit before Tax₹45 cr
Tax Expense₹12 cr
Net Profit₹32 cr
Net margin on total income8.2%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹286 cr72.8%
Employee benefit expense₹12 cr3.0%
Finance costs₹8 cr2.1%
Depreciation & amortisation₹10 cr2.5%
Other expenses₹32 cr8.2%
Tax expense₹12 cr3.2%
Profit for the period₹32 cr8.2%
Total income ₹393 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue748 cr466 cr390 cr
Total income755 cr469 cr393 cr
Expenses623 cr405 cr349 cr
Profit before tax132 cr64 cr45 cr
Tax30 cr17 cr12 cr
Net profit (owners' share)102 cr47 cr32 cr
Net margin (owners' share, on revenue)13.7%10.0%8.2%
EPS (₹)13.296.094.18
YoY (latest quarter): total income +23.5% · net profit +28.0%
Balance sheet & cash flow · as of Sep 2026
Low debt
Total assets
₹1,818 cr
Shareholder equity
₹1,008 cr
parent shareholders
Total debt
₹69 cr
Cash
₹4 cr
Cash flow · H1 FY27
Operating
₹59 cr
Investing
₹-69 cr
Financing
₹8 cr
Peer comparison
Heavy Electrical Equipment · by market value
CompanyPriceMarket capP/E
Siemens Limited₹3,387₹7.53 L cr87.8
ABB India Limited₹6,605₹1.40 L cr94.6
Bharat Heavy Electricals Limited₹400₹1.39 L cr42.4
CG Power and Industrial Solutions Limited₹810₹1.28 L cr77.3
Hitachi Energy India Limited₹27,280₹1.22 L cr103.3
GE Vernova T&D India Limited₹4,050₹1.04 L cr60.1
Siemens Energy India Limited₹2,847₹1.01 L cr57.5
Suzlon Energy Limited₹36₹49,179 cr30.8
Thermax Limited₹3,151₹35,498 cr351.7
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-09-30
No pledge
Promoter
87.3%
FII / Foreign
1.5%
DII / Domestic
5.0%
Retail / others
6.3%
Smart-money activity
Bulk / block deals
BoughtTEENA K MORBIA · NSE5.34 L @ ₹841.6529 Sep 25
SoldTEENA K MORBIA · NSE18,560 @ ₹830.7829 Sep 25
SoldJUNOMONETA FINSOL PRIVATE LIMITED · NSE4.40 L @ ₹830.2529 Sep 25
What shareholders were asked to approve
2 proposals passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 21 Sep 2026
See the official result
1
To consider and adopt (a) the audited financial statement of the Company for the financial year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon; and (b) the audited consolidated financial statement of the Company for the financial year ended March 31, 2026 and the report of Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
49.92 L votes for, 23 against · 0% of mutual funds and other big investors said no
2
To appoint Mr. Amish Patel (DIN: 02234678), Whole Time Director, who retires by rotation as a director
Backed by 98% of shareholders other than promotersneeded 50%
49.01 L votes for, 91,418 against · 2% of mutual funds and other big investors said no
3
To ratify the remuneration of the Cost Auditors for the financial year 2026-27
Backed by 98% of shareholders other than promotersneeded 50%
49.01 L votes for, 91,368 against · 2% of mutual funds and other big investors said no
4
To appoint M/s Nandaniya Joshi & Associates, Practicing Company Secretaries, Vadodara as Secretarial Auditor of the Company for five financial years i.e. (2026-27 to 2030-31)
Backed by 98% of shareholders other than promotersneeded 50%
49.01 L votes for, 91,368 against · 2% of mutual funds and other big investors said no
5
To Approve ‘Atlanta Electricals Employee Stock Option Scheme 2026’ (“ESOS 2026”)
⚑ Passed only because promoters voted yes
Backed by 61% of shareholders other than promotersneeded 75%
30.46 L votes for, 19.46 L against · 43% of mutual funds and other big investors said no
6
To extend approval of ‘Atlanta Electricals Employee Stock Option Scheme 2026’ (“ESOS 2026”) to the employees of Holding Company(ies), its Subsidiary Company ies) And/ Or Associate Company(ies), Group Company(ies) [Present And Future]
⚑ Passed only because promoters voted yes
Backed by 61% of shareholders other than promotersneeded 75%
30.46 L votes for, 19.46 L against · 43% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 40 named members
owning 87.3% between them · as of 2026-09-30
Narharibhai S. Patel Family Trust43.63%
Atlanta Uhv Transformers LLP12.37%
Amish Krupeshbhai Patel8.29%
Patel Niral8.29%
Late Patel Krupeshbhai7.68%
Patel Tanmay7.01%
Amish Patel Family Trustno shares
Chaitali Tanmay Patelno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹400 cr raised in Sep 2025 by selling shares to the public

The company has not broken this money down into purposes in its filing for Sep 2025, so there is nothing to measure it against yet. CARE RATINGS LIMITED watches the spending on the exchange’s behalf.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.