Atomberg's FY26 Loss Widens 27% to ₹149 Cr as Revenue Jumps 35%
IPO-bound consumer appliance maker Atomberg Technologies reported a 27% year-over-year increase in its net loss to ₹149 crore for the fiscal year 2026, despite a 35% rise in revenue.
Atomberg Technologies, a consumer appliance startup preparing for an Initial Public Offering (IPO), saw its consolidated net loss widen by 26.8% to ₹148.9 crore in the fiscal year ended March 2026 (FY26). This compares to a net loss of ₹117.4 crore in the previous fiscal year.
The widening loss occurred even as the company's operating revenue surged by 34.8% to ₹1,293.8 crore from ₹959.5 crore in FY25. Total expenses also increased by 30.6% to ₹1,460 crore in FY26 from ₹1,118.1 crore in the prior year. Despite these figures, Atomberg's adjusted EBITDA loss narrowed by 27.7% to ₹37.1 crore, improving its adjusted EBITDA margin to -2.87% from -5.35%.
The home appliances segment, which includes fans, water purifiers, and smart locks, remains the primary revenue driver, contributing ₹1,153 crore or 89.1% of total revenue in FY26, a 23% year-over-year increase. However, its share of total revenue declined from 97.6% in FY25. The kitchen appliances segment saw significant growth, with revenue increasing to ₹124 crore (9.6% of total revenue), a 542% jump from ₹19.3 crore in FY25.
Atomberg operates in a competitive market against established players like Crompton Greaves Consumer Electricals, Havells India, and Orient Electric. The company has filed its Draft Red Herring Prospectus (DRHP) for an IPO, aiming to raise funds through a fresh issue of shares and an offer for sale by existing investors.