$ATBA Atlas Battery Ltd. (ATBA): FY25 Analyst Briefing Takeaways – By AKD Research
$ATBA
Atlas Battery Limited
Rs. 203.57
+0.54%
- Company posted topline of PkR35.2bn FY25 vs PkR41.5bn in FY24, a de crease of 15%YoY. Management attributed the drop in revenue to a 10% reduction in Automotive battery (AMB) sales.
- Management stated, market demand has shifted from heavy to medium sized batteries. Alongside, increasing competition from imported lithium-ion batteries, which are gradually replacing lead-acid batteries in the storage segment, has weighed on demand for lead-storage batteries.