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●PositiveTier 1↕ from Watch

Atlanta Electricals LtdNSE:ATLANTAELE

Transformers · ₹12,725 Cr market cap · covered for 2 quarters since Q4 2026

Current view Q1 2027

Transformer maker in India's power-grid boom. Order book is at a record 1.5 years of sales, the high-voltage orders it long promised are finally landing, and its big new plant is only about a third full so there is plenty of room to grow. Management delivers, but the stock is expensive.

Latest exchange filings last 5 · 5 after Q1 2027

Exchange filings, with the company's own one-line summary, read off the same page as the figures. Screener publishes only the most recent few, so this is the last 5 — not everything filed since your note, and a quiet-looking list is not proof of a quiet quarter. A filing is marked new when it is dated after the end of the quarter your note covers. Not scored, and not a judgement — a routine repayment notice and a takeover sit in the same list.

How this view changed

Q1 2027 ●Positive Tier 1 ↕ from Watch this quarter
Q4 2026 ◐Watch Tier 1 ✨ AI report ↗
Makes power transformers. Roughly quadrupled capacity into India's grid boom; FY26 sales jumped 49% and it turned debt-free. But it's freshly listed, the high-voltage push is unproven, and the stock trades near 60 times earnings.
SALES
▲+81.7%YoY
+58.5%QoQ
OP PROFIT
▲+117.9%YoY
+63.8%QoQ
EPS
▲+113.0%YoY
+135.6%QoQ
PAT
▲+129.1%YoY
+132.1%QoQ

AI concall report · Q1 2027

The full earnings-call read behind this view — what management promised, what they delivered, and the earning trigger.

✨ Read the report ↗

Growth Q1 2027

Metric This year vs lastYoY · vs Q1 2026 vs the quarter beforeQoQ, sequential · vs Q4 2026 3-year yearly average3Y CAGR · compounded 5-year yearly average5Y CAGR · compounded
Sales▲ +47.9%−37.7%+28.4%+36.5%
Operating profit▲ +57.1%−48.7%+35.9%+60.2%
EPS▲ +40.0%−54.2%−24.6%+40.0%
PAT▲ +51.6%−53.9%——

Tinted rows drive the Tier. Tier = the weaker of YoY Sales and YoY PAT growth. Here the weaker is Sales at +47.9%, which is ≥ 20% → Tier 1.

QoQ is sequential, not a trend. For most Indian companies the March quarter is seasonally the largest, so a June-quarter fall against it is a calendar effect. Only the YoY column feeds the Tier.

Multibagger potential Poor23/100

⚠ Your own view here is Positive, and the figures are not. The note above is where the reason lives; the score only sees the numbers.

Earnings are shrinking, not growing. Profit per share fell 25% a year over the window measured. Nothing compounds from here until that turns, whatever the price does.

No forward view — earnings are not compounding, so there is nothing to project.

The Hope Tradebuyers paying more for earnings that are not growing⚠ inflection
Is it cheap right now?earnings are not growing — a low multiple here is not a discount 0/25
Has the market paid for this growth yet?ΔMultiple ×1.49 a year (×1.49 over the year) — re-rate underway — late 2/15
Is the growth real, or flattered?EPS fell year-on-year; QoQ collapsed — a spike, not a trend 0/30
What does it earn on its own money?earns 23% on its own book — good 8/10
Is the price trend agreeing?above 40W, below the shorter EMAs 13/20
Price vs its book value 13.3×P/B — ₹121 of book value per share
Price over the last year ×1.12earnings ×0.75, price-tag ×1.49

Multiple moved without the earnings — the return sits in sentiment.

How this is calculated

Band capped: earnings are not growing over the measured window.

Growth rate used: -24.6% — the weakest of EPS / Sales / Op-profit from 3-year EPS CAGR. Latest quarter reads 40%. Price move is a proxy (distance from the 40-week EMA) until ret1y is stored.

How it compares with its rivals Transformers · 6 of 46 listed

These are the industry's largest names rather than companies of its own size, so the columns are worth reading straight across — a ranking against them would only be restating the size gap.

Company PriceP/ESizeROCE Profitlast qtr Saleslast qtr
Atlanta Electric ₹1,687 59.5× ₹12,970 Cr 45.3% +50.4% +48.0%
A B B ₹7,174 98.7× ₹1.52 L Cr 29.9% +8.0% +21.0%
B H E L ₹432 61.9× ₹1.50 L Cr 9.1% +182.7% +40.3%
CG Power & Ind ₹907 112.3× ₹1.43 L Cr 26.7% +16.3% +14.0%
Hitachi Energy ₹31,773 118.9× ₹1.42 L Cr 29.4% +123.5% +68.6%
Siemens ₹3,801 90.0× ₹1.35 L Cr 21.4% −18.6% +14.8%

Screener's own peer group, from the request already made for the industry P/E. It serves the industry's largest names by market cap, not companies of a similar size, so treat this as context rather than a like-for-like table; this company is always shown. On a phone the price, size and sales columns are dropped rather than pushed off the edge. Not part of the score.

Business quality to Jun 2026

Are the margins widening? yes — a little wider than 2 years earlier operating margin 14% → 17% over 2 years
Did the profit turn into cash? most of it, with some tied up 77% last year, 79% over three · free cash flow ₹68 cr, positive in 3 of 5 years
Is the growth borrowed? essentially debt-free ₹51 cr — 0.05× its own equity (was 0.42×)
Is it being collected? customers are paying faster 84 days to collect, down 19 in a year · cash cycle 74 days
Who has been buying? promoter stake unchanged on record promoters 87.3%, 87.3% → 87.3% over 9 months · FIIs 1.9% · DIIs 4.8% · shareholders 83,679 → 41,899
What does it earn on its capital? earns a high return on the capital it employs ROCE 45.3% · ROE 31.7%

Fetched from the filings, not typed — and deliberately not part of the score. These are the questions the score cannot ask: it reads growth, price and trend, so a company can score well while its profit never becomes cash. Weigh these beside the note, not against the number.

Screener's own checklist not mine, not the score

In its favour

  • Company has reduced debt.
  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 96.1% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 34.2%

Against it

  • Stock is trading at 14.0 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend

Generated by screener.in from a fixed checklist — not written by me and not an input to the score. It is here as a second machine opinion to weigh against the note; where it disagrees with the view above, the note is the considered one.