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Results · Commerce & Consumer Brands

Atomberg narrows net loss as revenue grows in FY25

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Date
Company
Atomberg Technologies
What it does
Makes energy-efficient home appliances
Kind
Results
Founded
2012
Sector
Commerce & Consumer Brands

What they do

Atomberg reported a 41% narrower net loss of INR 117.4 Cr in FY25, down from INR 199 Cr in FY24

What happened

Operating revenue rose over 20% to INR 958.4 Cr, while total expenditure increased 9% to INR 1,118.3 Cr

Why it matters

The company plans a $200 Mn IPO for FY27 and raised INR 40 Cr via secondary sales led by Forj Capital

The details

  • Atomberg narrowed its consolidated net loss by 41% year-on-year in FY25.
  • The net loss stood at INR 117.4 Cr compared to INR 199 Cr in the previous fiscal year.
  • Operating revenue grew more than 20% to reach INR 958.4 Cr from INR 797 Cr in FY24.
  • Total income increased to INR 1,000.9 Cr driven by operating revenue and other income of INR 42.45 Cr.
  • Total expenditure rose by 9% to INR 1,118.3 Cr despite significant cuts in employee benefit expenses.
  • Employee benefit expenses fell sharply by 36.1% to INR 158.6 Cr from INR 248.3 Cr in FY24.
  • Advertising and promotional expenses increased by 36% to INR 104 Cr as the company expanded its consumer presence.
  • The company is eyeing a $200 Mn IPO for listing in FY27 to raise fresh capital.

The bigger picture

  • Secondary capital talks of INR 40 Cr led by Forj Capital show continued investor interest in the brand.

About the business

  • Atomberg specializes in manufacturing energy-efficient BLDC fans using advanced motor technology.
  • The company entered the consumer space in 2016 after initially focusing on B2B industrial applications.
  • It has diversified its product portfolio to include mixer grinders, water purifiers, and smart locks.
  • Distribution is omnichannel covering its own website, Amazon, Flipkart, and offline retailers.
  • Cost of materials consumed rose slightly by 4% to INR 506.16 Cr during the fiscal year.

Investors

  • Forj Capital (Lead) — Led the recent secondary capital round of INR 40 Cr.
  • White Whale Partners (Participated) — Participated in the secondary sale round alongside the lead investor.
  • Tanmay Bhat (Angel) — An angel investor who participated in the secondary funding round.
  • Inflexor Ventures (Existing) — One of the existing investors holding stakes in the company.
  • A91 Partners (Existing) — An existing investor supporting the company's growth journey.
  • Steadview Capital (Existing) — An existing investor involved in the company's funding history.
  • Temasek Holdings (Existing) — A major existing investor known for backing high-growth startups.
  • Jungle Ventures (Existing) — An existing investor focused on early-stage technology companies.

Founders

  • Manoj Meena, Co-founder
  • Sibabrata Das, Co-founder

About Atomberg Technologies

Product
consumer appliances startup
Customers
Households and commercial buyers looking for energy-efficient cooling and home appliances
How it makes money
Designs, manufactures, and sells consumer home appliances via retail stores and online channels
What sets it apart
In-house BLDC motor and electronics engineering that reduces ceiling fan power consumption

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