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Consumer appliances brand Atomberg reported another decent financial performance in the fiscal year ended March 2025, as it crossed the Rs 1,000 crore income mark and reduced its losses by over 40% due to a sharp cut in employee costs.
The Mumbai-based firm’s revenue from operations surged 20% to Rs 958.4 crore in FY25 from Rs 796.9 crore in FY24, according to its consolidated financial statements filed with the Registrar of Companies (RoC).
Atomberg’s product portfolio includes energy-efficient brushless direct current (BLDC) and smart fans, mixer grinders, and smart locks, water purifiers, juicer. Sale of these products was the sole source of revenue for the company. The company also earned Rs 42.45 crore from interest on current investments, the sale of investments, and other non-operating sources, taking its total income to Rs 1,000.9 crore in FY25.For the consumer appliances brand, the cost of materials was the largest expense, which formed 61% of total costs at Rs 535.2 crore. This cost increased broadly in line with revenue. Notably, the firm’s employee benefits expenses declined sharply by 36% to Rs 158.6 crore in FY25 from Rs 248.3 crore in FY24.
Its ROCE and EBITDA margin improved to -25.02% and -6.62% respectively. On a unit level, it spent Rs 1.17 to earn a rupee of operating revenue. As of March 2025, Atomberg’s current assets were Rs 594.5 crore, including cash and bank balances of Rs 27.3 crore. According to startup data intelligence platform, Atomberg has raised over $150 million to date including its most recent $24 million round raised earlier this December, led by Temasek with participation from co-founders Manoj Kumar Meena and Sibabrata Das.
About Atomberg
Atomberg Technologies has been founded in 2012 by two IIT Bombay graduates, Manoj Meena and Sibabrata Das. Atomberg is an Indian smart home appliance company known for its energy-efficient fans using Brushless DC (BLDC) motor technology. Their core innovation is using BLDC motors, drastically cutting power consumption (e.g., ~28W for fans vs. ~70W for traditional fans), saving users money and energy.