Atal Realtech: Q1 FY2027 Shows Margin Strength While Order Book Anchors Growth

Atal Realtech Limited provides integrated civil works contracting and engineering services, executing government and infrastructure projects including civil construction, water supply and drainage, roads and bridges, and irrigation.

In FY2026 (standalone, audited), total revenue was ₹120.3 crore and profit after tax was ₹6.49 crore.

The unexecuted order book was ₹217.57 crore across 21 live projects as at June 30, 2026, out of an aggregate contract value of ₹519.15 crore across 28 contracts secured to date.

The presentation lists clients largely from the Government of Maharashtra ecosystem, including the Tribal Development Department, Public Works Department, MAHAGENCO, CIDCO, National Health Mission, and MSPHHC, along with Parksyde Homes as a private developer.

Atal Realty Limited was established as a wholly owned subsidiary to enter real estate development, leveraging in-house construction capabilities to retain both development and contracting margins within the group.

For Q1 FY2027 (quarter ended June 30, 2026, consolidated unaudited), revenue from operations was ₹10.97 crore, EBITDA was ₹2.08 crore, and PAT was ₹1.00 crore, with EBITDA margin of 18.93%.

The presentation states operating cash flow was negative ₹19.44 crore in FY2026 (FY2025: negative ₹14.35 crore) and was funded by ₹22.02 crore of financing inflows, reflecting working-capital needs in government contracting.