Atomberg’s operating revenue jumped over 20% to INR 958.4 Cr in FY25, compared to INR 797 Cr in the previous fiscal year
The startup earned INR 957.7 Cr from the sale of products in the financial year
The company’s total expenditure also expanded by 9% to INR 1,118 Cr in the period under review from 1,025 Cr in the previous fiscal
Home appliances startup Atomberg narrowed its consolidated net loss by 41% to INR 117.4 Cr in the financial year 2024-25 (FY25) from INR 199 Cr in the previous fiscal year, aided by strong revenue growth and margin improvement.
The startup’s operating revenue jumped over 20% to INR 958.4 Cr during the year under review from INR 797 Cr in FY24.
It earned INR 42.45 Cr from other income sources, including interest on investments, sale of investments, income from subsidiaries, and interest on income tax refund. Including other income, total income stood at INR 1,000.9 Cr as against INR 825.9 Cr in the previous fiscal year.
Founded in 2012 by IIT Bombay alumni Manjoj Meena and Sibabrata Das, Atomberg specialises in energy-efficient BLDC fans. It entered the consumer space in 2016 after previously focusing on B2B sales, and has since expanded its product portfolio to include mixer grinders, water purifiers, smart locks, among others.
The startup has an omnichannel distribution model, leveraging its own website, ecommerce marketplaces like Amazon and Flipkart, along with offline retailers.
Atomberg is eyeing a $200 Mn IPO and is looking to list on the bourses in FY27. Earlier this month, cofounder Das told Inc42 that Atomberg is also in talks to raise $4.8 Mn (INR 40 Cr) in secondary capital in a round led by Forj Capital, with participation from White Whale Partners, renowned YouTuber Tanmay Bhatt, among other angel investors.
Overall, the startup has raised a total funding of about $126.5 Mn to date from investors like Inflexor Ventures, A91 Partners, Steadview Capital, Temasek Holdings, Jungle Ventures, among others.
The startup’s expenses grew at a slower pace than the rise in its top line in FY25. Atomberg’s total expenditure rose 9% to INR 1,118.3 Cr during the year under review from INR 1,025 Cr in FY24. Here’re the key expense heads:
Cost of Materials Consumed: This was the biggest expenditure during the year under review, although it saw only a 4% increase. Atomberg’s material costs rose to INR 506.16 Cr from INR 484.9 Cr in FY24.
Employee Benefit Expenses: Atomberg trimmed its expenditure under this head by 36.1% to INR 158.6 Cr from INR 248.3 Cr in FY24.
Advertising & Promotional Expenses: The startup’s ad expenses jumped 36% to INR 104 Cr Cr during the year from INR 76.42 Cr in FY24.
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