Atlanta Electricals Ltd (AEL) manufactures power, Distribution, and special application transformers in India.
Atlanta Electricals Ltd: History
The Company was originally incorporated as Atlanta Electricals Pvt Ltd., a private limited company under the Companies Act, 1956, on December 15, 1988.
The Company changed its name to Atlanta Electricals Limited, and the RoC issued a fresh certificate of incorporation on December 20, 2024.
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Atlanta Electricals Ltd: Business
Atlanta Electricals Ltd. is one of the leading manufacturers of Auto, power, and inverter-duty transformers in India (in terms of production volume, as of FY 24).
It is among the few companies in India that manufacture transformers with a capacity of up to 500 megavolt-ampere (MVA) and a 765 kilovolts (kV) voltage.
With a pan-India presence and operations spanning over 30 years in the transformer manufacturing industry, the company supplies a wide range of transformers starting from 5 MVA/11 kV up to 200 MVA/220 kV.
Manufacturing Plants
The company operates five fully operational facilities across Gujarat and Karnataka.
It is including the recently commissioned Vadod, Gujarat, and Atlanta Trafo units, covering over 321,451 sq. ft., these sites boast a 63,060 MVA capacity.
Client Base
The company has a client base (259 customers) in three union territories and 19 states across India.
The company has relationships with players (like GETCO, Adani Green, TATA Power) in the renewable energy, transmission and distribution, and mobility sectors.
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Recent Updates
PGCIL approval for Vadod plant, Gujarat, debt-free status through loan repayments, and seven new NABL labs.
₹65 Cr capex for Inverter Duty Transformers and backward integration, in FY27.
The company has an order book worth ₹2,493 Cr, up 52% Y-o-Y.
On September 30, 2026, the Union Cabinet approved the Green Energy Corridor Phase III with a ₹1.86 lakh crore outlay (₹50,000 Cr allocated for BESS).
Listed On
The shares of Atlanta Electricals Ltd. are presently listed on –
- The Bombay Stock Exchange (BSE), CODE 544527, and
- The National Stock Exchange (NSE) as ATLANTAELE.
Stock Info
Share Holding Pattern
Financial
CONCLUSION
Incorporated in 1988, Atlanta Electricals Limited is in the business of supplying a wide range of power transformers.
As of June 2026, the promoters of the company hold more than an 87 percent stake in the company.
Along with this, some of the top institutions, such as HDFC Mutual Fund and HSBC Mutual Fund, hold more than a 1 percent stake in the company (as of June 2026).
The management said that with 9 trillion of transmission investment planned through 2032, Atlanta Electricals is well-positioned to capture this multi-year growth opportunity.
On the technical front, Atlanta Electricals’ share is trading near its 20-day SMA (1724) and above its 200-day SMA (1400) on the daily chart.
Considering the above-listed factors in mind, Atlanta Electricals Limited looks good at ₹1650.
FinBlab recommends investing in the stock, keeping a long-term (2 to 3 years) view in mind. (One can also accumulate on a decline).
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While much time and effort is made to provide the information, I (Vishal Dalwadi) or (FinBlab) do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.