ATLANTAA LIMITED (ATLANTAA)
₹35.25 -0.98% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, ATLANTAA's revenue was ₹18.4 Cr (+26.2% year on year, -39.9% on the previous quarter), and net profit ₹-5.1 Cr (a bigger loss than a year earlier); the operating margin was 21.2%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹18.4 | +26.2% | -39.9% |
| Operating profit | ₹3.9 | -51.3% | -89.8% |
| Net profit | ₹-5.1 | loss widened | to loss |
| EPS (₹) | -0.62 | loss widened | to loss |
| Operating margin | 21.2% | — | — |
ATLANTAA delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 75.89% of the ATLANTAA shares traded on NSE were taken to delivery, against the stock's own 20-session average of 64.33%. That is close to its usual level. Turnover was only ₹5 lakh, so a handful of trades can move this figure. Volume was 0.2 times its average, well below normal.
Delivery in the last 5 sessions: 42.5% · 52.5% · 70.8% · 72.4% · 75.9%
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
Atlantaa Limited announced that shareholders approved the appointment of Mrs. Mangala Prabhu as Non-Executive Independent Director at its 43rd AGM. Her first term of 5 consecutive years spans from August 12, 2026, to August 11, 2031. Mrs. Prabhu brings 41 years of banking experience from Union Bank of India (Nov 1976 - Apr 2015) across corporate credit and restructuring. She holds nil shares in the company and has no familial relationships with existing directors or key management personnel.
- Appointment tenure of 5 consecutive years from August 12, 2026, to August 11, 2031
- Appointee has 41 years of banking experience at Union Bank of India
- Shareholding of the appointed director stands at Nil shares
- Attains the age of 75 years on April 15, 2030, during her tenure
Atlantaa Limited reported the voting results of its 43rd Annual General Meeting held on September 29, 2026. All 5 resolutions were approved by shareholders, including the adoption of FY26 financial statements, the re-appointment of Director Rickiin Bbarot, and the appointment of Mangala Prabhu as an Independent Director. Additionally, shareholders approved material related-party transactions with 96.73% favorable votes from public non-promoter voters (promoters holding 56,462,563 shares abstained from counting), as well as an amendment to the main objects clause of the Memorandum of Association.
- All 5 resolutions passed at the 43rd AGM with over 96.7% approval on polled votes
- Overall voter turnout was 69.36% (56,526,778 votes polled out of 81,500,000 shares)
- Resolution 4 for material related party transactions approved by public holders with 62,114 votes in favor (96.73%) and 2,101 against
- 56,462,563 promoter votes excluded from counting on the material related-party transaction resolution
- Special resolution passed to alter/add to the Main Objects Clause of the Memorandum of Association with 99.996% support
Atlantaa Limited has dispatched letters containing the web-link to access the FY 2025-26 Annual Report to shareholders whose email addresses are not registered with the company or depositories. The 43rd Annual General Meeting is scheduled to be held on Tuesday, September 29, 2026, at 01:00 PM IST via Video Conferencing. The cut-off date for identifying non-email shareholders was August 28, 2026.
- 43rd Annual General Meeting (AGM) scheduled for Tuesday, September 29, 2026, at 01:00 PM IST via VC/OAVM
- Dispatched letters with web-link to FY 2025-26 Annual Report to non-email registered shareholders
- Cut-off date for identifying relevant shareholders was Friday, August 28, 2026
Atlantaa Limited has issued the notice for its 43rd Annual General Meeting scheduled for September 29, 2026, via video conferencing. Key resolutions include the adoption of FY26 financial statements, the re-appointment of Managing Director Rickiin Bbarot, and the appointment of Mrs. Mangala Prabhu as an Independent Director. Additionally, shareholder approval is sought for material related-party transactions (RPTs), including limits up to ₹125 Cr with Shree Vaibhavlakshmi Properties and ₹50 Cr each with promoter directors, alongside amending the MOA to add toll agency businesses.
- 43rd Annual General Meeting scheduled for September 29, 2026 at 01:00 PM IST via VC/OAVM.
- Shareholder approval sought for material RPT limits, including up to ₹125 Cr with Shree Vaibhavlakshmi Properties Pvt Ltd (vs TTM revenue of ₹84 Cr).
- RPT limits of up to ₹50 Cr each proposed for promoter directors Mr. Rajhoo A Bbarot, Mr. Rickiin Bbarot, and Mrs. Bhavana R Bbarot.
- Proposed amendment to Main Objects of Memorandum of Association to add toll agency and fee collection operations.
Atlantaa Limited has scheduled its 43rd Annual General Meeting (AGM) for September 29, 2026, at 01:00 PM IST via virtual mode. The cut-off date to determine shareholder eligibility for e-voting is set as September 18, 2026. Remote e-voting will run from September 26, 2026 (09:00 AM IST) to September 28, 2026 (05:00 PM IST). Additionally, the Register of Members will remain closed from September 23, 2026, to September 29, 2026.
- 43rd Annual General Meeting scheduled for September 29, 2026 at 01:00 PM IST via virtual meeting
- E-voting cut-off date fixed as September 18, 2026
- E-voting period opens on September 26, 2026 (09:00 AM) and closes on September 28, 2026 (05:00 PM)
- Register of members closed from September 23, 2026 to September 29, 2026
Atlantaa Limited's Board of Directors met on August 24, 2026, and approved an amendment to the Main Objects Clause of the Memorandum of Association (MoA). The proposed change enables the company to conduct business as toll agents, manage and maintain toll booths, and enter into toll collection contracts with government and private authorities. The alteration remains subject to approval by shareholders at the upcoming Annual General Meeting.
- Board meeting held on August 24, 2026, between 02:00 PM and 03:00 PM IST.
- Approved addition to MoA Main Objects to include toll collection, plaza management, and toll agency operations.
- The MoA amendment is subject to shareholder approval at the ensuing Annual General Meeting (AGM).
Atlantaa Limited has appointed Mrs. Mangala Prabhu as an Additional Non-Executive Independent Director for a five-year term effective August 12, 2026. Mrs. Prabhu brings 41 years of banking experience from Union Bank of India, where she specialized in corporate credit and business restructuring. The appointment is subject to shareholder approval at the 43rd Annual General Meeting (AGM) scheduled for September 29, 2026. This move strengthens the board's financial oversight for the Rs 343 Cr market cap company.
- Appointment of Mrs. Mangala Prabhu for a 5-year term ending August 11, 2031
- Appointee possesses 41 years of experience in banking, including roles in corporate credit and HR
- The 43rd Annual General Meeting is scheduled for September 29, 2026, with a cut-off date of September 18, 2026
- Mrs. Prabhu currently holds directorships in other listed entities including Siyaram Silk Mills and Kesoram Industries
- The appointee holds 0 shares in Atlantaa Limited as of the appointment date
Atlantaa Limited reported a consolidated net loss of ₹5.06 Cr for the quarter ended June 30, 2026, compared to a loss of ₹1.71 Cr in the same period last year. While consolidated revenue grew 16.3% YoY to ₹22.23 Cr, profitability was severely impacted by a ₹3.00 Cr one-off settlement cost for old projects. The company also recorded a ₹60.15 Lakhs gain from a successful court litigation refund. High finance costs of ₹2.85 Cr continue to consume a significant portion of the operating income.
- Consolidated revenue for Q1 FY27 stood at ₹22.23 Cr, up from ₹19.12 Cr in Q1 FY26.
- Net loss widened to ₹5.06 Cr from a loss of ₹1.71 Cr in the previous year's corresponding quarter.
- Recognized a one-off settlement cost of ₹3.00 Cr related to projects completed in earlier years.
- Recovered ₹60.15 Lakhs from a court litigation that was previously expensed.
- Consolidated finance costs remained high at ₹2.85 Cr, representing 12.8% of quarterly revenue.
Atlantaa Limited reported a 26.3% YoY increase in consolidated revenue to ₹18.36 Cr for the quarter ended June 30, 2026. Despite the top-line growth, the company's consolidated net loss widened significantly to ₹5.06 Cr from a loss of ₹1.71 Cr in the year-ago period. The bottom line was weighed down by a ₹3.00 Cr one-off settlement cost for legacy projects, though partially offset by a ₹0.60 Cr court refund. Additionally, the board appointed Mrs. Mangala Prabhu, a banking veteran with 41 years of experience, as an Independent Director.
- Consolidated Revenue from operations increased to ₹18.36 Cr in Q1 FY27 from ₹14.54 Cr in Q1 FY26.
- Consolidated Net Loss widened to ₹5.06 Cr compared to a loss of ₹1.71 Cr in the same quarter last year.
- Recognized a one-off expense of ₹3.00 Cr towards final settlement costs for projects completed in earlier years.
- Received a court-ordered refund of ₹60.15 Lakhs from a successful litigation, recognized as income.
- Appointed Mrs. Mangala Prabhu as Additional Non-Executive Independent Director for a 5-year term.
Atlantaa Limited has responded to a clarification request from BSE and NSE regarding significant movement in its share price. The company stated that it has consistently disclosed all material events under Regulation 30 of SEBI (LODR) Regulations, 2015. Management emphasized that the recent price volatility is entirely market-driven and influenced by external factors beyond their control. No new material information or undisclosed events were reported in this filing.
- Response filed on August 11, 2026, regarding significant price movement queries from exchanges
- Company maintains a high promoter holding of 74.67% as of March 2026
- TTM Revenue stands at ₹81 Cr against a Market Cap of ₹364 Cr
- Recent quarterly performance showed a profit of ₹21.61 Cr in March 2026 compared to a loss of ₹20.81 Cr in September 2025
Atlantaa Limited has scheduled a board meeting on August 12, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. This follows a volatile FY26 where the company reported a TTM revenue of ₹81 Cr and a marginal net loss of ₹2 Cr. Investors will be looking for consistency after a strong March 2026 quarter which saw a profit of ₹21.6 Cr compared to losses in the preceding three quarters. The meeting will also include a limited review report by auditors.
- Board meeting scheduled for August 12, 2026, to approve Q1 FY27 results
- Results cover the three-month period ending June 30, 2026
- Company reported a TTM revenue of ₹81 Cr against a market cap of ₹286 Cr
- Promoter holding remains high and stable at 74.67%
Atlantaa Limited has submitted its compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended June 30, 2026. The certificate, issued by its Registrar and Share Transfer Agent (RTA), Kfin Technologies Limited, confirms that securities dematerialized or rematerialized during this period have been reported to the stock exchanges. This is a routine administrative filing required for all listed entities to ensure the integrity of shareholding records. It has no impact on the company's financial position or operational performance.
- Compliance certificate issued for the quarter ended June 30, 2026
- Registrar and Share Transfer Agent (RTA) involved is Kfin Technologies Limited
- Confirms reporting of dematerialized/rematerialized securities to both BSE and NSE
- Company maintains a high promoter holding of 74.67% as of March 2026
Mr. Samir Degan (DIN: 00043450) has resigned as an Independent Director of Atlantaa Limited effective June 29, 2026, citing personal reasons. His departure is significant as he also vacates his roles as Chairman of the Audit Committee and the Nomination & Remuneration Committee. The company, which reported a TTM revenue of ₹81 Cr and a net loss of ₹2 Cr, will need to appoint a successor to maintain board committee compliance. Mr. Degan confirmed there are no other material reasons for his resignation.
- Resignation effective from the close of business hours on June 29, 2026
- Vacated the position of Chairman for both the Audit Committee and Nomination & Remuneration Committee
- Company reported a TTM net loss of ₹2 Cr against a TTM revenue of ₹81 Cr
- Promoter holding remains stable at 74.67% as of March 2026
Atlantaa Limited has informed the stock exchanges that its trading window for dealing in company securities will be closed starting July 1, 2026. This closure is a standard regulatory requirement under SEBI Insider Trading Regulations ahead of the declaration of financial results. The window will remain closed until 48 hours after the announcement of the unaudited financial results for the quarter ended June 30, 2026. The specific date for the board meeting to approve these results will be notified at a later date.
- Trading window closure effective from Wednesday, July 1, 2026
- Closure pertains to the unaudited financial results for the quarter ending June 30, 2026
- Window to reopen 48 hours after the official declaration of quarterly results
- Compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015
Promoter Rajhoo A. Bbarot has submitted the annual declaration under Regulation 31(4) of SEBI (SAST) Regulations for the financial year 2025-26. The filing confirms that the promoter group and persons acting in concert (PAC) have not created any new encumbrances or pledges on their equity holdings beyond those already disclosed. This disclosure is a mandatory annual compliance requirement to ensure transparency regarding promoter shareholding status.
- Annual declaration submitted under Regulation 31(4) of SEBI (SAST) Regulations, 2011.
- Promoter group confirms no fresh encumbrances were made during the financial year ending March 31, 2026.
- The declaration covers all promoters including Rajhoo A. Bbarot HUF, Rickiin Rajhoo Bbarot, and Bhavana Rajhoo Bbarot.
- Corporate entities in the promoter group, such as Vaikuntam Realty Private Limited, are also included in the declaration.
Financial Performance
Revenue Growth by Segment
The company operates in a single business segment: Infrastructure development and construction. Consolidated Net Profit before Tax declined significantly by approximately 272.6%, shifting from a profit of INR 15.99 Cr in H1 FY25 to a loss of INR 27.62 Cr in H1 FY26.
Geographic Revenue Split
100% of revenue is generated within India, as the company operates in a single geographical segment focused on domestic infrastructure projects.
Profitability Margins
Profitability has seen a sharp downturn; Standalone Operating Profit before working capital changes fell from INR 13.27 Cr in H1 FY25 to a loss of INR 25.94 Cr in H1 FY26. Consolidated Net Profit margin is currently negative due to the INR 27.62 Cr loss reported for the half-year ended September 2025.
EBITDA Margin
Not explicitly disclosed as a percentage, but core operational profitability is under pressure as Standalone Operating Profit before working capital changes turned negative at INR -25.94 Cr in H1 FY26 compared to a positive INR 13.27 Cr in the previous year.
Capital Expenditure
Consolidated Property, Plant, and Equipment (PPE) increased to INR 10.43 Cr as of September 30, 2025, from INR 9.42 Cr as of March 31, 2025, representing a net addition of INR 1.01 Cr in the first half of the fiscal year.
Credit Rating & Borrowing
Assigned a long-term rating of IVR BB+/Stable and a short-term rating of IVR A4+ by Infomerics as of July 23, 2025. The company maintains a debt-free capital structure, though it utilizes non-fund-based limits backed by fixed deposits of INR 40.47 Cr.
Operational Drivers
Raw Materials
Specific raw materials include steel, cement, bitumen, and aggregates typical for EPC and infrastructure projects; however, the exact percentage of total cost for each is not disclosed in the provided documents.
Capacity Expansion
The company has an operational track record of over 40 years in infrastructure. Current capacity is defined by its ability to execute EPC, PPP, and HAM projects. Future expansion is linked to the execution of nascent-stage construction projects and real estate developments.
Raw Material Costs
Not explicitly disclosed as a percentage of revenue; however, the company reported a consolidated inventory increase of INR 10.30 Cr in H1 FY26, reflecting ongoing project execution costs.
Manufacturing Efficiency
Not applicable as the company is service/contracting-oriented; however, project execution efficiency is a key sensitivity for profitability.
Strategic Growth
Growth Strategy
The company aims to achieve growth through a diversified strategy across Engineering, Procurement, and Construction (EPC), Public-Private Partnerships (PPP), Hybrid Annuity Mode (HAM), and Real Estate projects. It focuses on leveraging its 4-decade track record to secure government and local authority contracts while improving sales velocity in its residential and commercial real estate portfolio.
Products & Services
Infrastructure development (roads, bridges), EPC contracting services, and residential/commercial real estate properties.
Brand Portfolio
ATLANTAA (formerly Atlanta Limited).
New Products/Services
The company is involved in nascent-stage construction and real estate projects; specific new product launch revenue contributions are not disclosed.
Market Expansion
Focus remains on the Indian infrastructure and real estate markets, particularly projects for government and local authorities.
Strategic Alliances
Operates through subsidiaries including Atlanta Infra Assets Ltd., Atlanta Ropar Tollways Private Ltd., and MORA Tollways Ltd.
External Factors
Industry Trends
The industry is characterized by a shift toward HAM and OMT models in infrastructure. The real estate sector is currently experiencing inherent cyclicality, requiring companies to maintain high sales velocity and construction progress to remain viable.
Competitive Landscape
Competes with other mid-to-large scale EPC and real estate developers in India.
Competitive Moat
The moat is built on a 40-year operational track record and the extensive experience of the promoters. This provides a competitive advantage in qualifying for large-scale government infrastructure tenders.
Macro Economic Sensitivity
Highly sensitive to the cyclical nature of the real estate sector and government infrastructure spending cycles.
Consumer Behavior
Demand for real estate is driven by interest rates and economic stability, affecting the company's residential and commercial project off-take.
Geopolitical Risks
Primarily domestic focus limits direct geopolitical exposure, but macro-economic shifts affecting interest rates can impact real estate demand.
Regulatory & Governance
Industry Regulations
Operations are governed by SEBI (LODR) Regulations 2015, Indian Accounting Standards (Ind AS), and specific infrastructure/construction norms set by government authorities.
Taxation Policy Impact
Not explicitly disclosed; however, the company reported a standalone Net Loss before tax of INR 22.58 Cr for H1 FY26.
Legal Contingencies
The company has various subsidiaries (MORA Tollways, Atlanta Ropar Tollways) which may have project-specific legal or regulatory requirements; specific pending court case values are not disclosed in the snippets.
Risk Analysis
Key Uncertainties
Volatility in the scale of operations and the nascent stage of current construction projects present significant risks to near-term cash flows.
Geographic Concentration Risk
100% concentration in the Indian market, making it vulnerable to domestic regulatory and economic shifts.
Third Party Dependencies
Dependent on government and local authorities for project awards and timely payments.
Technology Obsolescence Risk
Low risk in core construction, but digital transformation in project management is ongoing.
Credit & Counterparty Risk
Receivables management is critical; current trade receivables (Consolidated) decreased by INR 8.95 Cr in H1 FY26, indicating active management of counterparty credit risk.
