IPO-Bound Atomberg’s Loss Widens 27% YoY To ₹149 Cr In FY26, Revenue Jumps 35%
IPO-bound consumer appliances startup Atomberg Technologies saw its consolidated net loss widen 26.8% to ₹148.9 Cr in the financial year…
Atomberg Technologies, a consumer appliances startup preparing for an IPO, reported a widening net loss of ₹148.9 Cr for the fiscal year ending March 2026 (FY26), up 26.8% from ₹117.4 Cr in the previous fiscal year. However, its operating revenue surged 34.8% to ₹1,293.8 Cr, compared to ₹959.5 Cr in FY25. Including other income, Atomberg's total income reached ₹1,324 Cr.
Expenses rose 30.6% to ₹1,460 Cr, while adjusted EBITDA narrowed by 27.7% to ₹37.1 Cr, improving the margin from -5.35% to -2.87%. The home appliances segment, driving most of the revenue, increased by 23% to ₹1,153 Cr but now accounts for only 89.1% of total revenue, down from 97.6% in the prior year. Atomberg's kitchen appliance segment saw a massive 542% YoY revenue growth to ₹124 Cr, up from ₹19.3 Cr in the previous fiscal.
External customer revenue from proprietary components grew to ₹17.2 Cr, while the segment's loss nearly doubled to ₹37.4 Cr. The startup's online revenue rose 53.4% to ₹456.5 Cr, while offline sales grew 24.6% to ₹820 Cr. Atomberg's largest expense was raw material costs, up 33% to ₹672.2 Cr, followed by employee benefits, which increased by 32% to ₹210 Cr.
Marketing expenses climbed 30.2% to ₹135.4 Cr. Competitors include Crompton Greaves Consumer Electricals, Havells India, Orient Electric, and Bajaj Electrical.
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