Electric Equipment - Transformers Stocks in India
Electric Equipment - Transformers: Atlanta Electricals Ltd owns the largest revenue base AND the fastest current growth.
Nifty Electric Equipment - Transformers Index — Constituents & Performance
All 2 listed Indian Electric Equipment - Transformers companies are named here, largest first — the same constituent set people search for as the Nifty Electric Equipment - Transformers index. Every figure on this page is equal-weighted across those companies, so one large constituent cannot set the reading. Each number carries its own as-of date.
- Atlanta Electricals Ltd₹12.9K Cr
- Mangal Electrical Industries Ltd₹753 Cr
Is Electric Equipment - Transformers outperforming NIFTY 500?
The 52-week comparison of Electric Equipment - Transformers against NIFTY 500 is not available from the current market series. Over 13 weeks the gap is a shortfall of 9.8%.
Sector metric: — as of latest available · unclassified · direction unavailable.
The central tension: current leadership is concentrated, so durability matters more than rank.
Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.
Bottom line
The 52-week sector comparison is unavailable. 0 of 0 covered companies currently have positive Mansfield relative strength versus NIFTY 500. Atlanta Electricals Ltd leads with revenue of ₹2,003 crore, based on 2 of 2 comparable companies through Jun 2026. Atlanta Electricals Ltd has the fastest current revenue growth at 59.1%, across 2 of 2 comparable companies.
Best Electric Equipment - Transformers Stocks in India (Aug 2026), Ranked by Data
4-Factor Sector Score
An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.
How this score is built, and what the marks mean
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
Top 10 Electric Equipment - Transformers Stocks in India
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Atlanta Electricals LtdATLANTAELE | 72.9/100Favorable setup70% evidence | ASLEEP | 33.6/35 Revenue 59.1% · PAT 73.6% · OPM change 2 pp 100% evidence | 19.2/25 ROCE 45.3% · OPM 17% 100% evidence | 10.1/20 P/E 59.2× · PEG 1.68 50% evidence | 10.0/20 RS sector — · RS bench — · 1Y —8 of 12 weeks ahead 0% evidence |
| Exact sum: 33.6 + 19.2 + 10.1 + 10 = 72.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 2Mangal Electrical Industries LtdMEIL | 42.1/100Thin evidence · provisional57% evidence | ASLEEP | 10.4/35 Revenue 17.4% · PAT 3% · OPM change -2.3 pp 95% evidence | 11.7/25 ROCE 14.6% · OPM 8.8% 95% evidence | 10.0/20 P/E 16× · PEG — 0% evidence | 10.0/20 RS sector — · RS bench — · 1Y -48.3%5 of 10 weeks ahead 0% evidence |
| Exact sum: 10.4 + 11.7 + 10 + 10 = 42.1 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
Market action
Mangal Electrical Industries Ltd has the strongest one-year price move in Electric Equipment - Transformers at -48.3%. Every line covers 313 weekly closes through 2026-08-14.
Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.
How far ahead of or behind NIFTY 500 each company has been running, measured against its own recent average of that comparison, so the flat line at zero IS NIFTY 500: above it the company is beating the market, below it the market is beating the company. It opens on one year.
The same measure taken against Electric Equipment - Transformers itself instead of the whole market, so the flat line at zero is the sector: above it the company is beating its own peers, which is the sharper test of the two. It opens on one year.
Electric Equipment - Transformers — the story behind the numbers
This is the written read behind the Electric Equipment - Transformers figures above — what is actually happening in the sector, in words, with the evidence each claim rests on. It is dated 17 Apr 2026, so the words are older than the numbers. 2 themes are live here.
The sector outlook is BULLISH, driven by ATLANTAELE's financial performance, record order book, and clear operating leverage. The successful ramp-up of the Vadod facility and the shift towards higher-margin products provide a foundation for sustained growth.
The Electric Equipment - Transformers sector, represented by ATLANTAELE in this analysis, is experiencing a demand environment rated as STRONG. ATLANTAELE delivered a beat in Q3 FY26, with revenue surging 80% YoY to INR 472 crores and EBITDA growing 120% to INR 91 crores. This performance was underpinned by a 350 bps expansion in EBITDA margins to 19.4%.
How old this read is: STALE — this read comes from our Electric Equipment - Transformers sector brief dated 17 Apr 2026, about 4 months ago. The page says so rather than dressing it up, and a fresh sector dive replaces it the day it runs.
What is live in this sector right now
| Live theme | Severity | Evidence on file |
|---|---|---|
| Potential easing of restrictions on Chinese bidders in government contracts.Named for ATLANTAELE | medium | “On the recent news of potential easing of restrictions of Chinese bidders in the government contracts, we are aware” Mgmt notes 12-18 month qualification cycles and local manufacturing requirements as barriers. |
| Volatility in raw material prices like copper and CRGO steel.Named for ATLANTAELE | low | “Utility orders come with the price variation formula, which provides us a natural hedging against any variation” Price variation formulas in utility orders provide a natural hedge. |
Sources: our Electric Equipment - Transformers sector brief, 17 Apr 2026 · company earnings-call transcripts.
Revenue Scale & Growth Durability
Atlanta Electricals Ltd has the highest Revenue among the 2 Electric Equipment - Transformers companies compared here, at ₹2,003 crore. Mangal Electrical Industries Ltd is next at ₹616 crore. The same company also holds the highest Revenue growth, at 59.1%. 2 of 2 companies report a comparable reading, the latest through Jun 2026.
What the numbers say: Atlanta Electricals Ltd is the scale leader at ₹2,003 crore, 225.2% ahead of Mangal Electrical Industries Ltd. Atlanta Electricals Ltd's growth is 59.1% from a ₹2,003 crore base, with 9 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.
Investor read: Atlanta Electricals Ltd is the scale benchmark; Atlanta Electricals Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.
This conclusion weakens if: Atlanta Electricals Ltd's growth falls below Atlanta Electricals Ltd's for two consecutive comparable reports while operating margin also compresses.
On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.
All-company data · latest reported quarter
In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Revenue | Revenue growth | Reported |
|---|---|---|---|
| Atlanta Electricals Ltd ATLANTAELE | ₹466 Cr | 48% | Jun 2026 |
| Mangal Electrical Industries Ltd MEIL⚠ unverified | ₹126 Cr | 40% | Jun 2026 |
Full 17-quarter history · every available company
Revenue · reported quarter history
Mangal Electrical Industries Ltd · MEIL⚠ unverified
Revenue growth · reported quarter history
Atlanta Electricals Ltd · ATLANTAELE
Mangal Electrical Industries Ltd · MEIL⚠ unverified
Operating Economics & Margin Trend
Atlanta Electricals Ltd has the highest OPM among the 2 Electric Equipment - Transformers companies compared here, at 17%. Mangal Electrical Industries Ltd is next at 8.8%. The same company also holds the highest Margin change, at +2 percentage points. 2 of 2 companies report a comparable reading, the latest through Jun 2026.
What the numbers say: Atlanta Electricals Ltd leads both opm at 17% and margin change at +2 percentage points.
Investor read: Atlanta Electricals Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current margin change signal.
All-company data · latest reported quarter
| Company | OPM | Margin change | Reported |
|---|---|---|---|
| Atlanta Electricals Ltd ATLANTAELE | 17% | +2.0 pp | Jun 2026 |
| Mangal Electrical Industries Ltd MEIL⚠ unverified | 8.9% | −2.3 pp | Jun 2026 |
Full 17-quarter history · every available company
OPM · reported quarter history
Atlanta Electricals Ltd · ATLANTAELE
Mangal Electrical Industries Ltd · MEIL⚠ unverified
Margin change · reported quarter history
Atlanta Electricals Ltd · ATLANTAELE
Mangal Electrical Industries Ltd · MEIL⚠ unverified
Profit Scale & Acceleration
Atlanta Electricals Ltd has the highest Net profit among the 2 Electric Equipment - Transformers companies compared here, at ₹217 crore. Mangal Electrical Industries Ltd is next at ₹47 crore. The same company also holds the highest Profit growth, at 73.6%. 2 of 2 companies report a comparable reading, the latest through Jun 2026.
What the numbers say: Atlanta Electricals Ltd leads with ₹217 crore of TTM profit, 361.7% above Mangal Electrical Industries Ltd. Atlanta Electricals Ltd shows 73.6% growth from a ₹217 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.
Investor read: Atlanta Electricals Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.
All-company data · latest reported quarter
| Company | Net profit | Profit growth | Reported |
|---|---|---|---|
| Atlanta Electricals Ltd ATLANTAELE | ₹47 Cr | 52% | Jun 2026 |
| Mangal Electrical Industries Ltd MEIL⚠ unverified | ₹8 Cr | 102% | Jun 2026 |
Full 17-quarter history · every available company
Net profit · reported quarter history
Atlanta Electricals Ltd · ATLANTAELE
Mangal Electrical Industries Ltd · MEIL⚠ unverified
Profit growth · reported quarter history
Atlanta Electricals Ltd · ATLANTAELE
Mangal Electrical Industries Ltd · MEIL⚠ unverified
Return On Capital Employed
Atlanta Electricals Ltd has the highest ROCE among the 2 Electric Equipment - Transformers companies compared here, at 45.3%. Mangal Electrical Industries Ltd is next at 14.6%. The same company also holds the highest ROCE change, at +5.6 percentage points. 2 of 2 companies report a comparable reading, the latest through Jun 2026.
What the numbers say: Atlanta Electricals Ltd leads ROCE at 45.3%, 30.7 percentage points above Mangal Electrical Industries Ltd. Atlanta Electricals Ltd has the strongest latest improvement at +5.6 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.
Investor read: Atlanta Electricals Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current roce change signal.
All-company data · latest reported quarter
| Company | ROCE | ROCE change | Reported |
|---|---|---|---|
| Atlanta Electricals Ltd ATLANTAELE | 50% | +5.6 pp | Jun 2026 |
| Mangal Electrical Industries Ltd MEIL⚠ unverified | 11% | −33.5 pp | Jun 2026 |
Full 17-quarter history · every available company
ROCE · reported quarter history
Atlanta Electricals Ltd · ATLANTAELE
Mangal Electrical Industries Ltd · MEIL⚠ unverified
ROCE change · reported quarter history
Atlanta Electricals Ltd · ATLANTAELE
Mangal Electrical Industries Ltd · MEIL⚠ unverified
Valuation Against Growth & Quality
Atlanta Electricals Ltd has the lowest PEG among the 2 Electric Equipment - Transformers companies compared here, at 1.68×. Mangal Electrical Industries Ltd has the lowest P/E at 16×, so level and change sit with different companies. 1 of 2 companies report a comparable reading, the latest through Jun 2026.
What the numbers say: Atlanta Electricals Ltd has the lowest comparable PEG at 1.68×. Only 1 of 2 companies have earnings and growth steady enough for the ratio to mean anything, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.
Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.
This conclusion weakens if: The next two comparable reports reverse the current p/e signal.
All-company data · latest reported quarter
| Company | PEG | P/E | Reported |
|---|---|---|---|
| Atlanta Electricals Ltd ATLANTAELE | 1.7 | 68.8 | Jun 2026 |
| Mangal Electrical Industries Ltd MEIL⚠ unverified | — | 13.0 | Jun 2026 |
Full 17-quarter history · every available company
No consistent historical series is available for peg.
P/E · reported quarter history
Atlanta Electricals Ltd · ATLANTAELE
Mangal Electrical Industries Ltd · MEIL⚠ unverified
What can make this comparison misleading?
This Electric Equipment - Transformers comparison names 6 specific ways its own evidence can mislead, all listed below. All 2 companies here report on comparable dates, so no rank carries a stale marker. 1 draws at least one figure from a second feed with too little overlap to cross-check. A high growth rate can still be a low-base artefact.
Keep these limits visible
- A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
- A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
- The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
- An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
- 1 company draws at least one figure from a second data feed with too little overlapping history to cross-check against the primary source; it is marked unverified wherever that figure appears.
- Thin comparisons: Valuation have fewer than three usable current readings.
How was this comparison built?
This comparison is built from the reported filings of 2 Electric Equipment - Transformers companies, normalized to a common ₹ scale and a shared quarter axis of up to 17 quarters each. Fundamentals run through Jun 2026 and market data through 2026-08-14. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.
How a second data feed is admitted, and what happens when it disagrees
A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from.
Electric Equipment - Transformers company comparison FAQs
These 20 answers restate the Electric Equipment - Transformers comparison above in question form. Every one is computed from the same 2 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-08-14. Nothing here is estimated, and none of it is a recommendation.
Is the Electric Equipment - Transformers sector outperforming NIFTY 500?
The 52-week sector comparison is unavailable. 0 of 0 covered companies currently have positive Mansfield relative strength versus NIFTY 500.
Which Electric Equipment - Transformers company is largest by revenue?
Atlanta Electricals Ltd leads with revenue of ₹2,003 crore, based on 2 of 2 comparable companies through Jun 2026.
Which Electric Equipment - Transformers company is growing fastest?
Atlanta Electricals Ltd has the fastest current revenue growth at 59.1%, across 2 of 2 comparable companies.
Which Electric Equipment - Transformers company has the strongest 4-Factor Sector Score?
Atlanta Electricals Ltd ranks first at 72.9/100 with 70% evidence confidence. The score prioritizes research; it is not a buy recommendation.
Which Electric Equipment - Transformers company has the lowest comparable PEG?
Atlanta Electricals Ltd has the lowest comparable PEG at 1.68, among 1 of 2 companies whose earnings and growth are steady enough for the ratio to mean anything.
How much history does this Electric Equipment - Transformers comparison include?
The page compares up to 17 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.
How is the 4-Factor Sector Score calculated?
The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.
Is there a Nifty Electric Equipment - Transformers index?
NSE India maintains Nifty indices for several broad sector categories — Nifty Bank, Nifty IT, Nifty Pharma and others — but not for every sub-sector grouping on this site. Whether or not an official Nifty index covers Electric Equipment - Transformers, this page builds its own equal-weight basket of 2 listed Electric Equipment - Transformers companies — one company, one vote, regardless of market value — so no single large company dominates the reading. Figures are as of Jun 2026.
Which are the best Electric Equipment - Transformers stocks in India?
Ranked by this page's four-factor score, Atlanta Electricals Ltd places first among 2 listed Electric Equipment - Transformers companies, followed by Mangal Electrical Industries Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.
How many Electric Equipment - Transformers stocks are listed in India?
This comparison covers 2 listed Electric Equipment - Transformers companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026.
Which Electric Equipment - Transformers company is the biggest?
Atlanta Electricals Ltd is the largest, with trailing-twelve-month revenue of ₹2,003 crore, ahead of Mangal Electrical Industries Ltd at ₹616 crore. That covers 2 of 2 companies with comparable reporting through Jun 2026.
Which Electric Equipment - Transformers company has the best profit margins?
Atlanta Electricals Ltd has the highest operating margin at 17%, from 2 of 2 comparable companies. Atlanta Electricals Ltd shows the biggest recent improvement, at +2 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.
Which Electric Equipment - Transformers company makes the most profit?
Atlanta Electricals Ltd earns the most, at ₹217 crore of trailing-twelve-month net profit, from 2 of 2 comparable companies. Atlanta Electricals Ltd has the fastest profit growth at 73.6%, though growth off a small or recovering profit base overstates how much has actually changed.
Which Electric Equipment - Transformers company earns the highest return on capital?
Atlanta Electricals Ltd leads on return on capital employed at 45.3%, across 2 of 2 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.
Which Electric Equipment - Transformers stock is the cheapest?
On PEG — where a LOWER number is cheaper — Atlanta Electricals Ltd screens cheapest at 1.68×. Only 1 of 2 companies have earnings and growth steady enough for the ratio to mean anything, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.
Which Electric Equipment - Transformers company scores highest for research priority?
Atlanta Electricals Ltd scores 72.9 out of 100 with 70% evidence confidence, from 33.6 points on growth and earnings, 19.2 on capital efficiency, 10.1 on valuation and 10 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.
How many Electric Equipment - Transformers companies does this comparison cover, and over what period?
It compares 2 listed companies over up to 17 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.
What is the total market cap of the Electric Equipment - Transformers sector?
The 2 Electric Equipment - Transformers companies on this page carry ₹13,678 crore of combined market value. Atlanta Electricals Ltd is the largest at ₹12,925 crore, about 94% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-20.
Why are some values on this page blank?
A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.
Is this investment advice?
No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.