ATC Energies System Limited (ATCENERGY)
ATCENERGY delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 63.04% of the ATCENERGY shares traded on NSE were taken to delivery, against the stock's own 20-session average of 86.99%. That is lower than usual for this stock. Turnover was only ₹11 lakh, so a handful of trades can move this figure. It traded 3.4 times its average daily volume. It closed at a price band (circuit) on 3 sessions in about the last 20.
Delivery in the last 5 sessions: 86.7% · 79.0% · 75.0% · 55.9% · 63.0%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
ATC Energies System Limited announced the voting results of its 6th Annual General Meeting held on September 29, 2026. A total of 15,113,400 votes were polled across 20,388,600 outstanding shares (74.13% turnout). All three ordinary resolutions—adoption of FY2026 financial statements, regularisation of Mr. Vidit Sandeep Bajoria as Director, and reappointment of retiring Director Mr. Piyush Vijaykumar Kedia—were approved with the requisite majority. Notably, for Resolution 2, 14,371,380 promoter votes were classified under abstain/invalid.
- Total voter turnout represented 74.13% of outstanding shares (15,113,400 out of 20,388,600 shares)
- Adoption of FY2026 audited financial statements approved with 99.99% votes in favour (15,112,200 votes)
- Regularisation of Director Mr. Vidit Sandeep Bajoria passed, with 14,371,380 votes marked abstain/invalid due to interested promoter status
- Re-appointment of Director Mr. Piyush Vijaykumar Kedia approved with 99.33% votes in favour (15,012,600 votes)
ATC Energies System Limited has issued notice for its 6th Annual General Meeting scheduled for September 29, 2026, via Video Conferencing. Key ordinary agenda items include adopting the audited financial statements for FY26 and regularising the appointment of Mr. Vidit Sandeep Bajoria as a Non-Executive Director. Additionally, shareholders will vote on the re-appointment of Executive Director Mr. Piyush Vijaykumar Kedia, who retires by rotation.
- 6th Annual General Meeting scheduled for September 29, 2026, at 04:00 PM IST via VC/OAVM
- Adoption of audited financial statements for the financial year ended March 31, 2026
- Proposal to regularise the appointment of Mr. Vidit Sandeep Bajoria (born 14/03/2006) as Non-Executive Director
- Proposal for re-appointment of Executive Director Mr. Piyush Vijaykumar Kedia upon retirement by rotation
ATC Energies System Limited announced that its Board of Directors approved the regularisation of Mr. Vidit Sandeep Bajoria as a Non-Executive Director, subject to shareholder approval at the upcoming Annual General Meeting. Mr. Vidit Bajoria has been associated with the company for the past 1.5 years. He is the son of Managing Director Mr. Sandeep Gangabishan Bajoria. The appointment is subject to retirement by rotation.
- Board recommended the regularisation of Mr. Vidit Sandeep Bajoria (DIN: 11716243) as Non-Executive Director on September 03, 2026.
- Appointment is subject to approval by shareholders at the ensuing Annual General Meeting.
- Mr. Vidit Sandeep Bajoria has been with the company for the past 1.5 years.
- Disclosure confirms he is the son of Managing Director Sandeep Gangabishan Bajoria.
ATC Energies System Limited held a Board meeting on September 03, 2026, approving the Director's Report for the financial year ended March 31, 2026. The company scheduled its 6th Annual General Meeting for September 29, 2026, via Video Conferencing. Additionally, the Board recommended the regularisation of Mr. Vidit Sandeep Bajoria (son of Managing Director Sandeep Bajoria) as a Non-Executive Director, subject to shareholder approval.
- 6th Annual General Meeting scheduled for Tuesday, September 29, 2026, at 04:00 PM via VC/OAVM
- Approved Director's Report along with annexures for the financial year ended March 31, 2026
- Recommended regularisation of Mr. Vidit Sandeep Bajoria as Non-Executive Director, liable to retire by rotation
- Appointed Mr. Shanu Bhagwandas Mata (Practicing Company Secretary) as Scrutinizer for e-voting
Financial Performance
Revenue Growth by Segment
Revenue grew 40.66% from ₹3,648.30 lakhs in Fiscal 2022 to ₹5,131.59 lakhs in Fiscal 2025. The primary segment is based on Battery Size, though specific size-wise percentage splits were not disclosed in the available data.
Profitability Margins
Operating Profit Margin stood at 32.50% in Fiscal 2025. The Net Profit Ratio improved from 20.48% in Fiscal 2024 to 22.18% in Fiscal 2025, a 1.70 percentage point increase driven by lower cost of goods sold.
EBITDA Margin
Operating Profit Margin is 32.50% for Fiscal 2025, with an absolute Operating Profit of ₹1,667.84 lakhs.
Capital Expenditure
Capital expenditure for the purchase of fixed assets and capital advances was ₹911.56 lakhs in Fiscal 2025, compared to ₹873.70 lakhs in Fiscal 2024, representing a 4.33% increase.
Credit Rating & Borrowing
The company has sanctioned working capital limits under ₹5 crores. Finance costs decreased 59.85% from ₹206.69 lakhs in Fiscal 2024 to ₹82.98 lakhs in Fiscal 2025, following the repayment of debt using IPO proceeds.
Operational Drivers
Raw Materials
Raw materials (specific chemical/metal names not disclosed) represent approximately 46.74% of total revenue, with material costs totaling ₹2,398.70 lakhs in Fiscal 2025.
Import Sources
China (Heavy dependence for raw material imports).
Key Suppliers
Not disclosed; the company explicitly states it does not have long-term contracts or exclusive arrangements with any suppliers.
Capacity Expansion
Current installed capacity is not disclosed in units; however, the company is focusing on improving operational efficiency at manufacturing facilities to minimize costs and better utilize resources.
Raw Material Costs
Cost of Material Consumed was ₹2,398.70 lakhs in Fiscal 2025, down 17.67% from ₹2,913.69 lakhs in Fiscal 2024, which contributed to the improved net profit ratio.
Manufacturing Efficiency
Focus on cost minimization and resource utilization at manufacturing facilities to maintain the 32.50% operating profit margin.
Strategic Growth
Expected Growth Rate
40.66%
Growth Strategy
The company plans to achieve growth by expanding its product portfolio, increasing the scale of business operations, and improving operational efficiencies at manufacturing facilities. It also leverages the promoter's industry insights to navigate market complexities and identify new business opportunities.
Products & Services
Batteries (categorized by size).
Brand Portfolio
ATC Energies.
New Products/Services
The company is exploring and positioning itself to introduce new products to capitalize on sector growth opportunities, though specific revenue contribution percentages for new launches are not disclosed.
Market Expansion
Strategic focus on expanding the scale of operations and exploring new opportunities identified by the management team.
External Factors
Industry Trends
The battery sector is seeing growth opportunities that the company aims to capture through product expansion and technology improvements, though it faces heightened competition from international sources.
Competitive Landscape
Faces competition from both domestic players and international suppliers, particularly those benefiting from the China-based supply chain.
Competitive Moat
The company's moat is built on the promoter's veteran industry expertise and a stable, non-unionized workforce. However, the high attrition rate (23.92% in FY25, though down from 45.51% in FY23) poses a risk to operational continuity.
Macro Economic Sensitivity
Highly sensitive to trade relations with China and the health of the banking industry, which is a primary customer base.
Geopolitical Risks
Political tensions or trade disputes with China could lead to supply chain interruptions and quality control issues for raw material imports.
Regulatory & Governance
Industry Regulations
Compliant with the Companies Act, 2013, and Indian GAAP. The company adheres to notified accounting standards and relevant provisions for financial reporting.
Environmental Compliance
The company spent ₹25.51 lakhs on CSR activities in Fiscal 2025, exceeding its statutory obligation of ₹25.45 lakhs.
Taxation Policy Impact
Income tax paid in Fiscal 2025 was ₹197.86 lakhs.
Legal Contingencies
The company reports zero pending litigations that would impact its financial position as of March 31, 2025.
Risk Analysis
Key Uncertainties
The primary uncertainties are the heavy reliance on China for raw materials and the concentration of revenue from two promoter-group customers.
Geographic Concentration Risk
Not disclosed for revenue; however, raw material sourcing is heavily concentrated in China.
Third Party Dependencies
High dependency on two promoter-group customers and the banking industry for sales.
Technology Obsolescence Risk
The company focuses on continuous improvement in technology and processes to maintain a competitive edge and develop cutting-edge products.
Credit & Counterparty Risk
Trade receivables increased 31.56% to ₹3,188.18 lakhs in Fiscal 2025. The trade receivables turnover ratio fell from 8.92 to 3.36, indicating a significant slowdown in collection cycles or higher sales concentration at year-end.
