
About Atc Energies System Limited
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Atc Energies System Limited is a public limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 02 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L31909MH2020PLC345131. Its GSTIN is 27AATCA9794R1Z5 (Maharashtra). The company holds 2 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on NSE: ATCENERGY.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹20.39 Cr. It is led by directors including Sandeep Gangabishan Bajoria (Managing Director) and Zubair (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Unit No.3 Plot No.33 New India Industr Estate Mahal In Ar Off Mc Rd. Andheri E, Mumbai, Maharashtra, India – 400093.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹30.74 Cr, a decline of 40.1% compared to the previous year. For the same year it recorded a net loss of ₹1.48 Cr (net margin -4.8%) and EBITDA of ₹2.1 Cr (EBITDA margin 6.8%). The net worth stands at ₹87.58 Cr (down 1.8% YoY). Total assets are valued at ₹107.4 Cr (down 10.4% YoY).
The company has about 76 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: ATC Energies System and ATC Group. As per MCA filings, the company has open charges of ₹15 Cr and satisfied charges of ₹15.99 Cr on record. The company has 3 deals on record (2 secondary share transfers, 1 ipo); the latest was in March 2025. Its 10 peer companies in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 5 larger and 5 smaller; the largest is Reteck Envirotech Private Limited with revenue of ₹51.97 Cr.
Atc Energies System Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0032596). For more details, the company can be reached via its website atcgroup.co.
Company details
CIN history
Atc Energies System has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L31909MH2020PLC345131, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L31909MH2020PLC345131 | Current |
| U31909MH2020PTC345131 | Previous |
| U31909MH2020PLC345131 | Previous |
Recognitions & Rankings of Atc Energies System
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0032596
Contact details
Atc Energies System Limited's registered office is in Mumbai, Maharashtra. Its website is atcgroup.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No.3 Plot No.33 New India Industr Estate Mahal In Ar Off Mc Rd. Andheri E, Mumbai, Maharashtra, India – 400093
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Atc Energies System Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Atc Energies System operates two associated brands: ATC Energies System and ATC Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures rechargeable lithium ion batteries for energy storage and electric vehicles. | atclithiumbatteries.com | |
| ATC Group is engaged in manufacturing lithium-ion battery solutions. | atcgroup.co |
Business activity
The main business activity of Atc Energies System is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Atc Energies System Limited, buy the company report.
Financials of Atc Energies System Limited
FY 2025-26 filings availableAtc Energies System Limited reported revenue of ₹30.74 Cr (down 40.1% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 30.74 | 51.32 | 51.20 | 33.14 | 36.48 | 8.19 |
| Revenue growth | -40.1% | +0.2% | +54.5% | -9.2% | +345.4% | - |
| EBITDA | 2.10 | 16.69 | 15.08 | 11.49 | 15.30 | 3.16 |
| EBITDA margin | +6.8% | +32.5% | +29.5% | +34.7% | +41.9% | +38.6% |
| Profit before tax | (1.05) | 13.64 | 13.52 | 9.96 | 14.35 | 3.11 |
| Net profit | (1.48) | 11.39 | 10.47 | 7.77 | 11.87 | 2.55 |
| Net profit margin | -4.8% | +22.2% | +20.5% | +23.5% | +32.5% | +31.1% |
| EPS (₹) | (0.72) | 5.58 | 6.53 | 30.41 | 46.53 | 508.08 |
| Balance sheet | ||||||
| Total assets | 107 | 120 | 43.38 | 32.86 | 26.28 | 7.41 |
| Net worth | 87.58 | 89.15 | 32.76 | 22.21 | 14.45 | 2.59 |
| Total debt | 19.54 | 30.53 | 10.51 | 10.59 | 11.81 | 4.82 |
| Cash & bank | 10.65 | 69.44 | 3.10 | 1.56 | 1.71 | 0.07 |
| Net working capital | 78.81 | 105 | 35.83 | 25.06 | 18.51 | 5.31 |
| Cash flow | ||||||
| Cash from operations | (32.79) | 12.86 | 2.62 | 2.64 | 1.37 | (2.88) |
| Cash from investing | (11.82) | (13.12) | (0.73) | (0.86) | (6.39) | (1.92) |
| Cash from financing | (12.84) | 62.77 | (0.71) | (1.75) | 6.66 | 4.87 |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 30.74 | 51.32 | 51.20 | 33.14 | 36.48 | 8.19 |
| Revenue growth | -40.1% | +0.2% | +54.5% | -9.2% | +345.4% | - |
| Other income | 0.50 | 0.38 | 0.31 | 0.09 | 0.04 | 0.00 |
| Total expenses | 28.64 | 34.63 | 36.12 | 21.65 | 21.18 | 5.03 |
| Employee cost | 0.00 | 3.50 | 3.50 | 2.82 | 2.36 | 0.31 |
| EBITDA | 2.10 | 16.69 | 15.08 | 11.49 | 15.30 | 3.16 |
| EBITDA margin | +6.8% | +32.5% | +29.5% | +34.7% | +41.9% | +38.6% |
| Depreciation | 1.90 | 1.36 | 1.24 | 1.09 | 0.66 | 0.05 |
| Interest | 1.75 | 2.07 | 0.63 | 0.53 | 0.33 | 0.00 |
| Profit before tax | (1.05) | 13.64 | 13.52 | 9.96 | 14.35 | 3.11 |
| Tax | 0.43 | 2.25 | 3.05 | 2.19 | 2.48 | 0.56 |
| Net profit | (1.48) | 11.39 | 10.47 | 7.77 | 11.87 | 2.55 |
| Net profit margin | -4.8% | +22.2% | +20.5% | +23.5% | +32.5% | +31.1% |
| EPS (₹) | (0.72) | 5.58 | 6.53 | 30.41 | 46.53 | 508.08 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | 20.39 | 20.39 | 16.07 | 2.55 | 2.55 | 0.05 |
| Reserves & surplus | 67.19 | 68.76 | 16.69 | 19.66 | 11.90 | 2.54 |
| Shareholders' funds (net worth) | 87.58 | 89.15 | 32.76 | 22.21 | 14.45 | 2.59 |
| Secured loans | 10.00 | 18.46 | 5.03 | 5.11 | 5.32 | 0.00 |
| Unsecured loans | 9.54 | 12.07 | 5.48 | 5.48 | 6.49 | 4.82 |
| Total debt | 19.54 | 30.53 | 10.51 | 10.59 | 11.81 | 4.82 |
| Total liabilities | 107 | 120 | 43.38 | 32.86 | 26.28 | 7.41 |
| Assets | ||||||
| Gross block | 30.77 | 18.66 | 9.92 | 9.41 | 8.31 | 1.92 |
| Net block | 24.44 | 14.23 | 6.86 | 7.61 | 7.59 | 1.87 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 45.53 | 31.21 | 30.50 | 23.04 | 16.95 | 0.57 |
| Sundry debtors | 20.38 | 24.23 | 6.29 | 5.19 | 4.58 | 5.78 |
| Cash & bank balances | 10.65 | 69.44 | 3.10 | 1.56 | 1.71 | 0.07 |
| Loans & advances | 6.45 | 8.15 | 2.51 | 3.09 | 4.98 | 0.62 |
| Total current assets | 83.01 | 133 | 42.40 | 32.88 | 28.22 | 7.04 |
| Total current liabilities | 4.20 | 28.40 | 6.57 | 7.82 | 9.71 | 1.73 |
| Net working capital | 78.81 | 105 | 35.83 | 25.06 | 18.51 | 5.31 |
| Total assets | 107 | 120 | 43.38 | 32.86 | 26.28 | 7.41 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | 63.78 | 1.27 | 0.09 | 0.05 | 0.07 | 0.00 |
| Net cash from operating activities | (32.79) | 12.86 | 2.62 | 2.64 | 1.37 | (2.88) |
| Net cash from investing activities | (11.82) | (13.12) | (0.73) | (0.86) | (6.39) | (1.92) |
| Net cash from financing activities | (12.84) | 62.77 | (0.71) | (1.75) | 6.66 | 4.87 |
| Net change in cash | (57.45) | 62.51 | 1.19 | 0.03 | 1.64 | 0.07 |
| Closing cash | 10.65 | 69.44 | 3.10 | 1.56 | 1.71 | 0.07 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | -40.1% | +0.2% | +54.5% | -9.2% | +345.4% | - |
| EBITDA growth | -87.4% | +10.7% | +31.2% | -24.9% | +384.2% | - |
| PBT growth | - | +0.9% | +35.7% | -30.6% | +361.4% | +9997.0% |
| Net income growth | -113.0% | +8.8% | +34.8% | -34.5% | +365.5% | - |
| Revenue CAGR (3Y) | -2.5% | +12.1% | +84.2% | - | - | - |
| EBITDA CAGR (3Y) | -43.3% | +2.9% | +68.4% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | -4.8% | +22.2% | +20.5% | +23.5% | +32.5% | +31.1% |
| Return on capital employed | - | +19.2% | +37.2% | +35.5% | +87.1% | +41.7% |
| Return on net worth | - | +18.7% | +38.2% | +42.3% | +139.2% | +98.1% |
| Debt / equity | - | 0.34 | 0.38 | 0.61 | 0.98 | 1.86 |
| Long-term debt / equity | - | 0.20 | 0.20 | 0.33 | 0.66 | 1.86 |
| Interest cover | 875.00 | 13.50 | 4.55 | 5.10 | 2.25 | 0.00 |
| Efficiency & per share | ||||||
| Fixed asset turnover | - | 3.59 | 5.30 | 3.74 | 7.13 | 4.27 |
| Inventory turnover | - | 1.66 | 1.91 | 1.66 | 4.16 | 14.37 |
| Debtors turnover | - | 3.36 | 8.92 | 6.78 | 7.04 | 1.42 |
| EPS (₹) | (0.72) | 5.58 | 6.53 | 30.41 | 46.53 | 508.08 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 43.73 | 20.39 | 87.10 | 56.68 | 518.08 |
To see the full year-wise statements and ratios of Atc Energies System Limited, buy the company report.
Board of directors and KMP of Atc Energies System Limited
Atc Energies System Limited currently reports 5 directors and 1 key managerial person. 8 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Gangabishan Bajoria Also directs: Atc Energies System Limited, Jubilant International Private Limited, General Iottech Limited and 2 more | Managing Director | 02 Sep 2020 | 6 Years 1 Months | Current |
| Ashwin Manoharlal Agarwal Also directs: Atc Energies System Limited | Director | 21 Mar 2024 | 2 Years 7 Months | Current |
| Himanshi Tiwari Also directs: Atc Energies System Limited, Encompass Design India Limited | Director | 21 Mar 2024 | 2 Years 7 Months | Current |
| Zubair Also directs: Atc Energies System Limited | Whole-Time Director | 09 Jul 2021 | 5 Years 3 Months | Current |
| Nilesh Victor Correia Also directs: FN Strat LLP, Alt-Pay Technologies Private Limited | Director | 10 Oct 2020 | 6 Years 0 Months | Current |
| Piyush Vijaykumar Kedia Also directs: Akshaj Business Facilitators LLP, Atc Energies System Limited, Jubilant International Private Limited and 1 more | Cfo | 21 Mar 2024 | 2 Years 7 Months | Current |
Peer comparison
Atc Energies System Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Reteck Envirotech Private Limited | ₹51.97 Cr (FY 2025) | 57.0% | Thane, Maharashtra, India | |||
| Cranex Limited | ₹51.96 Cr (FY 2025) | -18.0% | New Delhi, Delhi, India | |||
| East India Foundry Private Limited | ₹51.95 Cr (FY 2024) | Kolkata, West Bengal, India | ||||
| Servilink Systems Limited | ₹51.73 Cr (FY 2024) | 5.0% | Vadodara, Gujarat, India | |||
| Edscha Aditya Automotive Systems Private Limited | ₹51.73 Cr (FY 2025) | 18.0% | Chakan, Maharashtra, India | |||
| A V Automation Private Limited | ₹51.69 Cr (FY 2025) | 60.0% | Gurugarm, Haryana, India | |||
| Offshore Manufacturing Private Limited | ₹51.67 Cr (FY 2025) | 2.0% | Aurangabad, Maharashtra, India | |||
| VG Electronics Limited | ₹51.66 Cr (FY 2024) | -20.0% | Haridwar, Uttarakhand, India | |||
| Electro Zavod(India)Pvt Ltd | ₹51.65 Cr (FY 2024) | 38.0% | Kolkata, West Bengal, India | |||
| Hiteco Tool Management Services India Private Limited | ₹51.63 Cr (FY 2025) | 7.0% | Chennai, Tamil Nadu, India | |||
| Atc Energies System Limitedthis company | ₹30.74 Cr (FY 2026) | -₹1.48 Cr | -4.8% | -40.1% | 76 | Mumbai, Maharashtra, India |
To see the full peer comparison of Atc Energies System Limited, buy the company report.
Auditor
Atc Energies System Limited is audited by A.Kasliwal & Company for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.Kasliwal & Company | FY 2025 | 011727C |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 72.10%, foreign institutional investors hold 0.00%, domestic institutional investors hold 1.80% and retail and other public shareholders hold 45.70%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 72.10% | 72.10% | 72.10% | 72.10% |
| Public | 27.90% | 27.90% | 27.90% | 27.90% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Aug 2025 | 101149581 | Others | ₹15 Cr | Open | |
| 04 Jun 2024 | 100930198 | Others | ₹11 Cr | Satisfied | |
| 23 Jun 2021 | 100457715 | Others | ₹4.99 Cr | Satisfied |
To see the full charge records of Atc Energies System Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Atc Energies System Limited has 3 deals on record (2 secondary share transfers, 1 ipo); the latest was in March 2025.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | IPO | ₹63.76 Cr | Investors: IPO Shareholders - Atc Energies System Limited, Saint Capital Fund, Veloce Opportunities Fund Seller: an individual |
| Feb 2024 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Jul 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Atc Energies System Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Atc Energies System Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Atc Energies System Limited has a workforce of 76 employees on its EPFO records as of Oct 08, 2025, across 1 active EPFO establishment.
GST
Atc Energies System has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AATCA9794R1Z5 | Maharashtra | Active | 15 Sep 2020 |
| 09AATCA9794R1Z3 | Uttar Pradesh | Active | 20 Apr 2021 |
To see the full GST registrations and return filing status of Atc Energies System Limited, buy the company report.
Recent activity
Atc Energies System Limited has 14 board changes on record since 2020: 6 appointments and 8 cessations. The latest: Ashwin Manoharlal Agarwal ceased to be Additional Director on 26 Mar 2024.
12 earlier events are in the company report.
Frequently asked questions
Atc Energies System is an active public limited company based in Mumbai, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 02 September 2020 (6+ years old) and is registered under CIN L31909MH2020PLC345131. Listed on NSE: ATCENERGY.
Atc Energies System reported revenue of ₹30.74 Cr for FY 2025-26 (down 40.1% YoY) based on standalone financials.
Atc Energies System has 6 current directors and KMP:
- Sandeep Gangabishan Bajoria - Managing Director
- Zubair - Whole-Time Director
- Ashwin Manoharlal Agarwal - Director
- Himanshi Tiwari - Director
- Nilesh Victor Correia - Director
- Piyush Vijaykumar Kedia - Cfo
The latest financial statements of Atc Energies System on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Atc Energies System is 27AATCA9794R1Z5, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AATCA9794R1Z3 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Atc Energies System is L31909MH2020PLC345131. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Atc Energies System is a listed company as per MCA records. Its shares are listed on NSE (symbol: ATCENERGY).
Atc Energies System was incorporated on 02 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Atc Energies System has 3 deals on record (2 secondary share transfers, 1 ipo); the latest was in March 2025.
The peers of Atc Energies System by revenue are Reteck Envirotech Private Limited, Cranex Limited, East India Foundry Private Limited, Servilink Systems Limited, Edscha Aditya Automotive Systems Private Limited and 5 more, all in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Ashwin Manoharlal Agarwal ceased to be Additional Director on 26 Mar 2024. Himanshi Tiwari ceased to be Additional Director on 26 Mar 2024. Asha Piyush Kedia ceased to be Director on 21 Mar 2024. Atc Energies System has 14 board changes on record in total.