Atomberg FY26 Revenue Grows 34.8% to Rs 1,294 Cr; Loss Widens to Rs 149 Cr

Consumer appliances brand Atomberg reported a 34.8% year-on-year (YoY) increase in revenue to Rs 1,294 crore in FY26, even as its net loss widened during the fiscal year. The company’s financial performance was disclosed in its draft red herring prospectus (DRHP), filed as it moves ahead with plans to go public.

The Mumbai-based company operates in the consumer appliances segment and is best known for its energy efficient brushless direct current (BLDC) and smart fans. Over the years, Atomberg has expanded its portfolio to include mixer grinders, smart locks, water purifiers and juicers.

Home appliances remain key revenue driver

Home appliances continued to be Atomberg’s largest revenue contributor in FY26, generating Rs 1,153 crore, or nearly 89% of the company’s operating revenue.

The segment recorded 23.1% YoY growth from Rs 937 crore in FY25, reflecting continued demand for Atomberg’s core appliance portfolio.

The company’s kitchen appliances business, however, witnessed significantly faster growth during the year. Revenue from the segment jumped more than sixfold to Rs 124 crore in FY26, compared with Rs 19.3 crore in the previous fiscal year.

Atomberg also generated Rs 17.2 crore from proprietary components during FY26, up sharply from Rs 3.63 crore in FY25.

Meanwhile, other income stood at Rs 30 crore, taking Atomberg’s total income to Rs 1,324 crore in FY26 from Rs 1,001 crore in FY25.

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Costs rise alongside expansion

Atomberg’s growth was accompanied by a significant increase in expenses during the fiscal year.

Materials remained the company’s largest expense category, accounting for around 50.55% of total expenditure. The cost increased 37.9% to Rs 738 crore in FY26 from Rs 535 crore in FY25.

Employee benefit expenses also increased 32.1% during the year to Rs 210 crore, compared with Rs 159 crore in FY25.

The company spent Rs 135 crore on advertising and promotional activities, while labour charges stood at Rs 57 crore. Depreciation and amortisation expenses amounted to Rs 71 crore during the fiscal year.

Overall, Atomberg’s total expenditure increased 30.6% to Rs 1,460 crore in FY26 from Rs 1,118 crore in FY25.

Net loss widens despite improving EBITDA

The rise in expenses put pressure on Atomberg’s bottom line. Its net loss increased 27.4% to Rs 149 crore in FY26 from Rs 117 crore in FY25.

However, the company saw an improvement at the EBITDA level. Its EBITDA loss narrowed to Rs 50 crore in FY26 from Rs 61 crore in the previous fiscal.

As a result, Atomberg’s EBITDA margin improved to -3.86% in FY26 from -6.35% in FY25. Return on capital employed (ROCE) also improved to -22.08%, compared with -24.50% a year earlier.

The company spent Rs 1.13 to generate every rupee of operating revenue in FY26, compared with Rs 1.16 in FY25, indicating an improvement in its operating efficiency.

As of March 2026, Atomberg had current assets worth Rs 790 crore, including Rs 41 crore in cash and bank balances.

Atomberg files DRHP for IPO

Atomberg has now filed its DRHP as it prepares to tap the public markets.

The proposed IPO comprises a fresh issue of equity shares worth up to Rs 450 crore and an offer for sale (OFS) of up to 7.65 crore shares.

The IPO will provide existing investors an opportunity to partially exit while giving Atomberg access to fresh capital through the primary issue.

The company’s move towards an IPO comes as it looks to expand its presence across India’s consumer appliances market and diversify beyond its traditional strength in ceiling fans.

Expanding beyond the fan business

Founded in 2012, Atomberg initially built its business around BLDC-powered ceiling fans, positioning energy efficiency and smart technology as key differentiators.

The company has since expanded into kitchen and home appliances, including mixer grinders, water purifiers, smart locks and juicers.

The sharp increase in kitchen appliance revenue during FY26 suggests that newer categories are becoming increasingly important to Atomberg’s growth strategy.

The company competes with established consumer appliance brands such as Havells, Crompton and Usha, while continuing to build its presence across multiple home and kitchen appliance categories.

With revenue crossing Rs 1,200 crore, improving EBITDA margins and a proposed Rs 450 crore fresh issue, Atomberg is entering the public markets at a significant stage of its expansion. However, the widening net loss highlights the challenge of balancing growth investments, marketing expenditure and operating costs as the company scales.