Consumer appliances brand Atomberg Technologies has crossed the Rs 1,000 crore mark in total income for the first time in FY25. The Mumbai-based company reported operational revenue of Rs 958.4 crore, a 20% year-on-year growth, while its net loss narrowed sharply to Rs 117.4 crore from Rs 199 crore in the previous financial year, supported by tighter cost control.
Founded in 2012 by IIT Bombay graduates Manoj Meena and Sibabrata Das, Atomberg began by working on technology projects for research institutions. In 2015, the company entered the consumer appliance market with energy-efficient BLDC ceiling fans, helping it carve out space in a segment long dominated by established players. Over time, Atomberg expanded into products such as mixer grinders, smart locks, water purifiers and juicers, while gradually strengthening its offline retail presence.
During FY25, nearly all of Atomberg’s operational revenue came from product sales, with ceiling fans remaining the biggest contributor. The company also earned Rs 42.45 crore as non-operating income from interest on investments and asset sales, taking total income to Rs 1,000.9 crore. Operational revenue had stood at Rs 796.9 crore in FY24 and Rs 645 crore in FY23, highlighting consistent growth.
On the cost side, raw material expenses remained the largest at Rs 535.2 crore, accounting for about 61% of total spending. Employee benefit costs fell sharply by Rs 89.7 crore to Rs 158.6 crore, which played a major role in reducing losses, while marketing and advertising expenses rose to Rs 104 crore and warranty costs increased to Rs 53.8 crore. With an improved EBITDA margin of minus 6.62%, Atomberg is now preparing for an IPO in the first quarter of FY26, aiming to raise around Rs 2,000 crore.
