AKD Research has released a report on Atlas Battery Ltd. (ATBA) following today’s analyst briefing, where the company discussed its financial results for FY25 and provided insights into its future outlook. Here are the key highlights:

– The company recorded a topline revenue of PKR 35.2 billion for FY25, down from PKR 41.5 billion in FY24, marking a 15% year-on-year decrease. Management indicated that this decline in revenue was primarily due to a 10% reduction in sales of automotive batteries (AMB).

– Management also noted a shift in market demand from heavy batteries to medium-sized batteries. Additionally, increasing competition from imported lithium-ion batteries, which are gradually replacing lead-acid batteries in the storage segment, has negatively impacted demand for lead storage batteries.

– The gross margins for FY25 were reported at 11.3%, compared to 14.3% in FY24. Looking ahead, management expects margins to remain under pressure due to these factors and anticipates that margins will stay around current levels for the next two years.

For more details, you can access the report [here](https://research.akdsl.com/638961249696217082.pdf).