Press Release

Q2 ATLANTA 21% July, 2026 To, To, Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G Dalal Street Bandra Kurla Complex Mumbai —400 001 Bandra (E), Mumb—a 40i0 051 Scrip Code: 544527 Symbol: ATLANTAELE Sub.: Press Release Ref. : Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/ Ma’am, Further to the above-referred letter, we are enclosing herewith, a press release giving highlights of the unaudited financial results, for the quarter ended 30" June, 2026. This is for your information and record. Thanking you, Yours faithfully, For Atlanta Electricals Limited Tejal S. Panchal Company Secretary & Compliance Officer ATLANTA ELECTRICALS LIMITED Eafzn et www.aetrafo.com ATLANTA ELECTRICALS PV, LTC 02692 235023 CIN: 131110 AT i sales@aetrafo.com Q1FY27 Media Release Q1 FY27 Earnings Release Q1 FY27 Begins On Strong note with 48% Revenue Growth, 58% EBITDA Growth and 50% PAT Growth Healthy Operating Performance with 105 bps EBITDA Margin Expansion YoY Strong Order Backlog of ₹3,117 Crores Reflects Strong Business Momentum Anand (Gujarat), 21st July 2026: Atlanta Electricals Limited (NSE, BSE: ATLANTAELE), among India's leading transformer manufacturers, today announced its unaudited consolidated financial results for the quarter ended 30th June 2026. Key Consolidated Financial Highlights (Rs. Cr.) Particulars (Rs. In Crores) Q1FY27 Q1FY26 YoY% Q4FY25 Revenue from Operations 466.33 315.11 48.0% 747.62 EBITDA* 77.10 48.78 58.1% 149.56 EBITDA % 16.5% 15.5% +105 Bps 20.0% PAT 46.84 31.14 50.4% 102.19 PAT % 10.0% 9.9% +16 Bps 13.7% *EBITDA excluding other income Performance Overview: • Revenue from Operations for Q1 FY27 stood at ₹466.33crore, registering 48.0% YoY growth, driven by healthy execution across domestic orders, higher capacity utilization and continued demand from the transmission & distribution and renewable energy sectors. • EBITDA for Q1 FY27 increased 58.1% YoY to ₹77.10 crore, with EBITDA margin expanding by 105 bps YoY to 16.5%. PAT grew 50.4% YoY to ₹46.84 crore, reflecting improved operating leverage, better execution and a favourable product mix. • Business momentum remained robust with a healthy order book and Order of Rs. 291.68 crore order from Rajashthan Rajya Vidhyut Prasaran Nigam Ltd. (RRVPNL) for the supply of 4 units of 160 MVA, 220/132 kV, 63 units of 50 MVA, 132/33 kV & 12 units of 31.5 MVA, 132/33 kV Power Transformers, reinforcing the Company's strong execution capabilities and leadership in high-capacity transformers. Key Business Updates: • Order book stood at ₹3,116.63 crore as of 30th June 2026, registering a 25.0% QoQ growth, with Q1 FY27 order inflows of ₹972.42 crore, providing strong revenue visibility across transmission & distribution, renewable energy and industrial applications. The Company continues to witness healthy customer enquiries, underpinned by structural demand across the power infrastructure sector. • The Company's business mix continues to evolve towards higher-capacity transformers. Products rated 220 kV and above are contributing an increasing share of the order book and revenue mix, reflecting the Company's successful move up the transformer value chain. Over 55% of the order book comprises 220 kV transformers, while 400 kV transformers and reactors contribute nearly ₹275 crore, demonstrating continued progress in the EHV transformer segment. • During the quarter, Order of Rs. 291.68 crore order from Rajashthan Rajya Vidhyut Prasaran Nigam Ltd. (RRVPNL) for the supply of 4 units of 160 MVA, 220/132 kV, 63 units of 50 MVA, 132/33 kV & 12 units of 31.5 MVA, 132/33 kV Power Transformers further strengthening its order pipeline and reinforcing its leadership in high-capacity transformer manufacturing. • The Company continues to strengthen its capabilities in the EHV and UHV transformer segments. Following PGCIL approval for manufacturing up to 400 kV class transformers at its Vadod facility, development of the 400 kV transformer at Vadod and 765 kV transformer at Atlanta Trafo remains on track, supporting long-term opportunities in transmission infrastructure, renewable energy, battery energy storage systems (BESS), data centres and export markets. Q1FY27 Media Release • Manufacturing operations continued to scale up following the successful commissioning of new capacities in FY26. The Company remains focused on increasing capacity utilisation, commissioning its Inverter Duty Transformer facility, progressing with Tank & Radiator backward integration, and enhancing manufacturing efficiencies to support future growth. Management Commentary: Mr. Niral Patel, Chairman and Managing Director, Atlanta Electricals Limited, said, "We have commenced FY27 on a strong note, building on the momentum established over the past year. During the quarter, consolidated revenue from operations grew 48.0% year-on-year to ₹466.33 crore, while EBITDA increased 58.1% to ₹77.10 crore, resulting in an EBITDA margin of 16.5%. Profit after tax rose 50.4% year-on-year to ₹46.84 crore, reflecting the benefits of our expanded manufacturing capacity, disciplined execution and improving operating leverage. Our order book increased 25.0% sequentially to ₹3,116.63 crore, providing strong revenue visibility and reaffirming the robust demand environment across transmission & distribution, renewable energy and industrial applications. We are also witnessing a gradual transformation in our business mix, with higher-capacity transformers contributing an increasing share of both our order book and revenue. This reflects the successful execution of our strategy to move up the transformer value chain, strengthen our presence in the EHV segment, and enhance the quality of our earnings over the long term. Looking ahead, we remain confident in the long-term opportunities emerging from India's expanding power infrastructure. Demand continues to be structural, driven by investments in transmission network expansion, renewable energy integration, battery energy storage systems, industrial electrification and data centre development. We remain focused on increasing capacity utilisation across our manufacturing facilities, expanding our export footprint, commissioning our Inverter Duty Transformer facility, progressing our backward integration initiatives, and advancing our capabilities in the EHV and UHV transformer segments, including the development of 400 kV and 765 kV transformers. These strategic initiatives will further strengthen our manufacturing capabilities and position us well for sustained long-term growth.” About Atlanta Electricals Limited Atlanta Electricals Limited manufactures and supplies a wide range of power transformers from 5 MVA/11 kV up to 500 MVA/765 kV, as well as auto transformers, inverter duty transformers, furnace transformers, generator transformers and special duty transformers, at its five facilities in Gujarat and Karnataka. With over 30 years of experience, as of 31st March 2026, the Company has supplied over 4,800 transformers totalling more than 1,16,000 MVA across the country. For Further Information, please contact: Atlanta Electricals Limited Adfactors PR Website: www.aetrafo.com Media: Sayantani Banerjee | sayantani.banerjee@adfactorspr.com | +91 9830035203 Investors: Mohit Upadyay/ Tejpal Singh| mohit.upadyay@adfactorspr.com / tejpal.singh@adfactorspr.com +91 9324872783 / +91 9320006669