Synopsis: The shares of this company rose over 3 percent after securing Power Grid approval for 400 kV transformer manufacturing, boosting its high-voltage segment prospects and expansion outlook.
The shares of this company, which operates multiple manufacturing facilities with plans for significant capacity expansion to reach up to 63,000 MVA, gained investor traction after approval for the transformer manufacturing.
With the market capitalization of Rs 9,367 crore, Atlanta Electricals Ltd’s shares on Thursday made a day high of Rs 1241.35 per share, up by 3.11 percent from its previous day’s close price of Rs 1,203.85 per share. The shares of the company have given a return of 47 percent over the year.
What happened
Atlanta Electricals has secured approval from Power Grid Corporation of India for manufacturing up to 400 kV class transformers at its Vadod facility, marking a key milestone achieved within a year of operations. The facility had earlier obtained NABL accreditation for in-house testing capabilities.
This approval strengthens the company’s entry into the extra high voltage transformer segment, subject to meeting further technical requirements. Combined regulatory clearances position Atlanta Electricals to participate in large tenders and scale utilization toward its peak capacity of 63,000 MVA.
Mr. Niral Patel, Chairman and Managing Director, said the approval validates investments in the Vadod facility, enabling large-scale high-MVA production crucial for grid modernization and renewable evacuation, while supporting growth aligned with India’s Rs 9.6 trillion transmission capex through 2032.
About the Company
Incorporated in 1983, Atlanta Electricals Ltd is in the business of supplying a wide range of power transformers. It is a manufacturer of power, auto, and inverter duty transformers in India. Operates multiple manufacturing facilities with plans for significant capacity expansion to reach up to 63,000 MVA and specializes in power and special-duty transformers ranging from 5 MVA/11 kV up to 200 MVA/220 kV.
Financial Highlights: The revenue from operations grew by 79.4 percent to Rs 472 crore in Q3 FY26, corresponding to the same quarter in the last financial year, and the operating margin grew from 16 percent to 20 percent YoY. Accompanied by a net profit growth of 122.7 percent to Rs 49 crore in Q3 FY26 from Rs 22 crore in Q3 FY25, resulting in EPS growth of 106.75 percent YoY to Rs 6.43 per share
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