Atomberg’s Revenue Nears Rs 1,300 Cr In Fy26, Losses Rise 27%

Consumer appliances brand Atomberg’s revenue grew 34.8% year-on-year (YoY) to Rs 1,294 crore in FY26, even as its losses widened during the year. The company’s revenue and financial performance details were disclosed in its draft red herring prospectus (DRHP). 

The Mumbai-based company makes energy-efficient brushless direct current (BLDC) and smart fans, along with mixer grinders, smart locks, water purifiers and juicers.

Home appliances remained Atomberg’s biggest revenue driver, contributing Rs 1,153 crore, or nearly 89% of its operating revenue, in FY26. Revenue from the segment grew 23.1% from Rs 937 crore in FY25.

The company’s kitchen appliances business saw sharper growth, with revenue jumping over sixfold to Rs 124 crore in FY26 from Rs 19.3 crore in the previous fiscal.

Atomberg also generated Rs 17.2 crore from proprietary components, compared with Rs 3.63 crore in FY25. Its other income stood at Rs 30 crore, taking its total income to Rs 1,324 crore in FY26 from Rs 1,001 crore a year earlier.

On the cost front, materials remained the company’s largest expense at Rs 738 crore, accounting for 50.55% of its total expenditure. The cost increased 37.9% from Rs 535 crore in FY25.

Employee benefit expenses also rose 32.1% to Rs 210 crore from Rs 159 crore. Advertising and promotional expenses stood at Rs 135 crore, while labour charges and depreciation and amortisation expenses came in at Rs 57 crore and Rs 71 crore, respectively.

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

The higher costs weighed on the bottom line, as the company’s net loss rose by 27.4% to Rs 149 crore from Rs 117 crore in FY25. However, its EBITDA loss narrowed to Rs 50 crore from Rs 61 crore during the period.

Atomberg’s EBITDA margin improved to -3.86% in FY26 from -6.35% in FY25, while ROCE improved to -22.08% from -24.50%. The company spent Rs 1.13 to generate every rupee of operating revenue in FY26, compared with Rs 1.16 in FY25. As of March 2026, Atomberg had current assets worth Rs 790 crore, including Rs 41 crore in cash and bank balances.

The company has today filed its DRHP. This 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. 

Atomberg’s IPO comes as the company looks to scale its presence in the growing consumer appliances market. The company competes with established brands such as Havells, Crompton and Usha, while also expanding beyond its core fan business into other home and kitchen appliances.