Atul Limited.
₹5,023.05-₹123.35 (-2.4%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹18,048 Cr
- P/E
- 37.0x
- EV / EBITDA
- 25.5x
- Revenue
- ₹5,075 Cr
- Net margin
- 8.8%
- ROCE
- 11.1%
Price chart
Technical chartScreen technicals →-13.7% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -15.2%
- 3M
- -26.0%
- 6M
- -26.2%
- 1Y
- -13.7%
- 5Y
- -43.8%
52-week range
Day change -₹123.35 (-2.4%) from ₹5,146 to ₹5,023 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in ATUL, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Revenue grew 16.5% YoY
Concerns1
- Low return on equity of 7.6%
Rule-based from financial data. Not advice.
About the company
Atul Ltd manufactures and sells chemicals and other chemical products worldwide. It operates in two segments: Life Science Chemicals and Performance and Other Chemicals.
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Atul Ltd manufactures and sells chemicals and other chemical products worldwide. It operates in two segments: Life Science Chemicals and Performance and Other Chemicals. The company offers aromatics, such as 2 nitro para cresol, 2-methylcyclohexyl acetate, allyl caproate and heptanoate, ambrettolide, anethole, cresol mixture, manganese sulphate monohydrate, ortho cresol and methoxy toluene, phenyl acetic acid, skatole, and sodium sulfite and sulphate, as well as anisic aldehyde, anisyl acetate and alcohol, anisyl propanal, cresidine, cresol, cresyl acetate and methyl ether, methoxy phenyl acetic acid, and aceto nitrile; and bulk chemicals and intermediates, including 1,3-cyclohexanedione, 2-methylresorcinol, 4-chlororesorcinol, anisole, caustic soda lye, chlorosulphonic and hydrochloric acid, gypsum, hydrogen gas, liquid chlorine, liquid sulphur dioxide and trioxide, oleum, resoform, resorcinol, resorcinol dimethyl ether, sodium hypochlorite, sodium sulphite, and sulphuric acid. It also provides colors; biostimulants; fungicides, herbicides, and insecticides; amino acid derivatives, active pharmaceutical ingredients (API), API intermediates, and phosgene derivatives; and epoxy resins, curing agents, reactive diluents, accelerators and catalysts, formulations, and sulfones. In addition, the company produces tissue culture raised oil and date palm plants, as well as engages in crop protection retail and polymers retail operations. It serves various industries, such as adhesives, agriculture, animal feed, aerospace and defense, automotive, composites, construction, electrical and electronics, food and beverage packaging, marine, paint and coatings, sport and leisure, transport, wind energy, cosmetics, dyestuff, flavor, footwear, fragrance, glass, home care, horticulture, hospitality, paper, personal care, pharmaceutical, plastic, polymer, rubber, soap and detergent, textile, and tire. Atul Ltd was incorporated in 1947 and is headquartered in Valsad, India.
- Sector
- Materials
- Shares outstanding
- 2.9 Cr shares
- ISIN
- INE100A01010
- BSE code
- 500027
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹18,048 Cr
- P/E
- 37.0x
- P/B
- 3.1x
- EV / EBITDA
- 25.5x
- EV / Sales
- 4.1x
- P/S
- 4.1x
- Earnings yield
- 2.7%
- 52-week high
- ₹7,107.05
- 52-week low
- ₹5,023.05
Profitability
- Operating margin
- 12.9%
- Net margin
- 8.8%
- EBITDA margin
- 16.0%
- ROE
- 7.6%
- ROCE
- 11.1%
- ROA
- 6.4%
- Dividend payout
- 15.0%
- Tax rate
- 25.0%
- Other income, % of PBT
- 25.9%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹5,075 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 16.5%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 2.2%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹696 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -22.2%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 18.4%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -9.7%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹624 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -14.8%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹7.00 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 10.6%
Solvency and efficiency
- Current ratio
- 4.56
- Debt / Equity
- 0.00
- Debt / Assets
- 0.00
- Debt / EBITDA
- 0.02
- Interest coverage
- 282.00
- Financial leverage
- 1.18
- CFO / Net profit
- 1.62
- Cash / Market cap
- 9.3%
- Cash per share
- ₹568.30
- Asset turnover
- 0.73
- Fixed asset turnover
- 2.63
- Capital intensity
- 0.38
- Debtor days
- 71 days
- Inventory turnover
- 4.20
- Cash conversion cycle
- 71 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹9 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹4,361 Cr |
| Sales | Operating profit | ₹714 Cr |
| Operating profit | Interest | ₹6 Cr |
| Operating profit | Depreciation | ₹213 Cr |
| Operating profit | Profit before tax | ₹495 Cr |
| Other income | Profit before tax | ₹129 Cr |
| Profit before tax | Tax and other | ₹167 Cr |
| Profit before tax | Net profit | ₹456 Cr |
Revenue and net profit
Revenue grew 16.5% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹3,512 Cr | ₹631 Cr |
| FY2022 | ₹4,993 Cr | ₹608 Cr |
| FY2023 | ₹5,062 Cr | ₹552 Cr |
| FY2024 | ₹4,358 Cr | ₹385 Cr |
| FY2025 | ₹5,075 Cr | ₹456 Cr |
Cash flows
FY2025: ₹427 Cr from operations, ₹61.0 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹677 Cr | ₹74 Cr |
| FY2022 | ₹217 Cr | -₹8 Cr |
| FY2023 | ₹732 Cr | ₹234 Cr |
| FY2024 | ₹624 Cr | ₹141 Cr |
| FY2025 | ₹427 Cr | ₹61 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹5,075 Cr+16.5%1Y
- Net profit
- ₹456 Cr+18.4%1Y
- Cash from operations
- ₹427 Cr
- Free cash flow
- ₹61 Cr-56.7%1Y
- Revenue CAGR, 5Y
- 2.2%
- EBITDA CAGR, 5Y
- -5.5%
- Net profit CAGR, 5Y
- -9.7%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹5,075 Cr | ₹714 Cr | — | ₹456 Cr | ₹427 Cr | ₹61 Cr | 8.2% | +16.5% | +18.4% |
Monthly returns
Month-by-month returns of ATUL across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹6,551 Cr |
| Equity capital | ₹29 Cr |
| Reserves | ₹5,509 Cr |
| Borrowings | ₹8 Cr |
| Other liabilities | ₹1,005 Cr |
| Assets | ₹6,551 Cr |
| Fixed assets | ₹1,742 Cr |
| Capital work in progress | ₹91 Cr |
| Investments | ₹2,829 Cr |
| Other assets | ₹1,889 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
ATUL trades at 37.0x earnings against a peer median of 35.5x.
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| Atul Limited.ATULthis company | ₹18,048 Cr | 37.0x | 3.1x | 7.6% | 25.5x |
| Bayer CropScience Limited.BAYERCROP | ₹19,912 Cr | 32.7x | 6.4x | 26.0% | 18.5x |
| Kansai Nerolac PaintsKANSAINER | ₹18,778 Cr | 28.4x | 2.9x | 20.9% | 10.4x |
| Gujarat Mineral Development CorporaGMDCLTD | ₹18,131 Cr | 27.5x | 2.7x | 9.8% | 19.5x |
| Chambal Fertilisers & Chemicals LtdCHAMBLFERT | ₹17,739 Cr | 9.6x | 1.8x | 18.7% | 7.8x |
| ADITYA BIRLA REAL ESTATE LIMITEDABREL | ₹17,331 Cr | 121.0x | 3.9x | 3.4% | 46.5x |
| Sarda Energy & Minerals LtdSARDAEN | ₹17,028 Cr | 18.3x | 2.7x | 13.3% | 24.0x |
| JSW CEMENT LIMITEDJSWCEMENT | ₹16,674 Cr | 86.4x | 2.5x | 8.2% | 20.5x |
| Vinati Organics Ltd.VINATIORGA | ₹16,332 Cr | 35.1x | 5.5x | 13.1% | 31.6x |
| Peer median | — | 35.5x | 3.7x | 12.9% | 19.2x |
Year-to-date ROI
ATUL since 1 January, against earlier years.
Historical volatility
ATUL's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 24.0% |
| FY2022 | 17.0% |
| FY2023 | 14.0% |
| FY2024 | 13.0% |
| FY2025 | 14.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹5,075 Cr |
| Costs | |
| Interest | ₹6 Cr |
| Expenses | ₹4,361 Cr |
| Operating profitOperating Profit | ₹714 Cr |
| Other income and charges | |
| Profit before tax | ₹623 Cr |
| Tax | |
| Net profitNet Profit | ₹456 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹6,551 Cr |
| Equity capitalEquity Capital | ₹29 Cr |
| Reserves | ₹5,509 Cr |
| Borrowings | ₹8 Cr |
| Other liabilitiesOther Liabilities | ₹1,005 Cr |
| AssetsTotal Assets | ₹6,551 Cr |
| Fixed assetsFixed Assets | ₹1,742 Cr |
| Capital work in progressCWIP | ₹91 Cr |
| Investments | ₹2,829 Cr |
| Other assetsOther Assets | ₹1,889 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹427 Cr |
| Investing cash flowCash from Investing Activity | -₹366 Cr |
| Financing cash flowCash from Financing Activity | -₹68 Cr |
| Change in cashNet Cash Flow | -₹7 Cr |
Learn while you research
Academy chapters picked for Atul Limited. and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Valuation Multiples ExplainedThis stock trades at a P/E of 37.0, learn when high multiples are justified.6 min read
- 04 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 05 Business Cycles & StocksThese cyclical sectors win and lose in different macro phases.6 min read
- 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read