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Atlanta Electricals Bags Rs 288 Crore in Transformer Orders from KPTCL and NTPC-Associated Project

Five new contracts to be delivered within a year lift company’s total order book to Rs2,787 crore. Power transformer manufacturer Atlanta Electricals has secured five new orders worth Rs288 crore from Karnataka Power Transmission Corporation Limited (KPTCL) and an Independent Power Producer (IPP) executing projects linked to NTPC, to be completed over the next 12 months. The latest wins have expanded the company’s cumulative order book to Rs2,787 crore.

Of the total value, Rs146 crore comes from two contracts awarded by KPTCL. These orders include the supply of 13 power transformers, comprising six 100 MVA, 220/110 kV units and seven 150 MVA, 220/66 kV units, along with 11 Nitrogen Injection Fire Protection Systems (NIFPS).

The remaining Rs142 crore pertains to three orders from an IPP undertaking NTPC-related projects across Madhya Pradesh, Maharashtra, and Andhra Pradesh. These contracts involve the supply of ten 125 MVA, 220 kV power transformers and five 100 MVA, 220/33 kV transformers.

Strong sector momentum driving demand

Commenting on the order inflow, Niral Patel, Chairman and Managing Director, Atlanta Electricals, said the wins reflect the ongoing expansion across India’s power sector.

“The power industry is witnessing strong growth across generation as well as transmission and distribution, resulting in a sustained increase in transformer demand and a robust order pipeline. The NTPC-linked orders, in particular, provide a healthy mix of utility and private sector projects,” Patel said.

He added that the company remains focused on strengthening India’s power infrastructure through advanced transformer solutions while optimising capacity utilisation across its expanded manufacturing facilities.

Solid financial performance and order visibility

Atlanta Electricals was listed on the NSE and BSE on September 29, 2025. The company recently reported strong consolidated financial performance for the October–December quarter, delivering 80% revenue growth and a 120% increase in EBITDA during Q3.

Profit after tax rose 94.6% year-on-year in Q3FY26, while EBITDA margins stood at 19.4% for Q3FY26 and 17.7% for the nine months ended FY26. At the end of the December 2025 quarter, the company’s consolidated order book was at a record Rs2,451 crore, with Rs796 crore of new orders booked during Q3FY26. Following the latest order wins in the current quarter, the order book has now climbed to Rs2,787 crore.