About ATC Energies IPO
ATC Energies System Limited was founded in 2020. This company operates in the energy sector and provides energy solutions, products and services. The company manufactures low-cost and high-efficiency lithium and lithium-ion batteries. Initially it manufactured mini batteries for the banking sector, but now it designs and manufactures customized batteries for various industries and applications.
The company is headquartered in Mumbai, and has state-of-the-art factories in Vasai, Thane and Noida. These units have installed temperature chambers, welding systems and testing equipment for battery assembly. The company manufactures batteries for banking, automobile and industrial sectors, which are used in POS machines, ATMs. It is also used in electric vehicles, two wheelers / three wheelers, industrial UPS, energy storage systems, weighing scales.
Why To Invest in ATC Energies IPO
Investing in ATC Energies IPO offers a unique opportunity to participate in the company's growth. Here are key reasons why investors might consider this IPO:
- Strong Industry Potential: The energy sector, especially lithium-ion battery manufacturing, is witnessing high growth due to increasing demand for sustainable energy solutions.
- Proven Financial Growth: ATC Energies has demonstrated strong financial performance, with revenue increasing from Rs 33.22 crore in FY23 to Rs 51.51 crore in FY24.
- Strategic Expansion Plans: The IPO funds will be used for factory upgradation, IT infrastructure improvements, and working capital, indicating future growth potential.
- Diverse Customer Base: The company caters to various industries, including banking, automobiles, and energy storage systems, reducing dependency on a single sector.
- Strong Profitability Metrics: With a PAT margin of 21.27% and an ROE of 39.38%, the company has solid profitability indicators.
- Listing Benefits: SME IPOs often provide higher returns for early investors, subject to market performance.
| Period | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 71.82 | 50 | 40.72 | 36.05 |
| Revenue | 22.57 | 51.51 | 33.22 | 36.52 |
| Profit After Tax | 5.77 | 10.89 | 7.76 | 11.86 |
| Net Worth | 38.87 | 33.1 | 22.21 | 14.45 |
| Reserves and Surplus | 22.81 | 17.04 | 19.66 | 11.9 |
| Total Borrowing | 24.26 | 10.51 | 10.59 | 11.81 |
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