Atul Limited.

Atul Limited.

ATULNSE / BSEMaterialsSmall Cap

₹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%

-13.7% over the last year

Atul Limited. price, 1Y

Daily closes.

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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 Stock

Strengths1

  • 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

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

Revenue
₹5,075 Cr
Revenue growth, 1Y
16.5%
Revenue CAGR, 5Y
2.2%
EBITDA
₹696 Cr
EBITDA growth, 1Y
-22.2%
Net profit growth, 1Y
18.4%
Net profit CAGR, 5Y
-9.7%
Cash from operations
₹624 Cr
CFO growth, 1Y
-14.8%
Free cash flow
-₹7.00 Cr
Asset growth, 1Y
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.

Atul Limited. income statement flow, FY2025
Atul Limited. income statement flow, FY2025: flows
FromToAmount
SalesExpenses₹4,361 Cr
SalesOperating profit₹714 Cr
Operating profitInterest₹6 Cr
Operating profitDepreciation₹213 Cr
Operating profitProfit before tax₹495 Cr
Other incomeProfit before tax₹129 Cr
Profit before taxTax and other₹167 Cr
Profit before taxNet profit₹456 Cr

Revenue and net profit

Revenue grew 16.5% in FY2025; net profit is the dashed line.

Atul Limited. revenue and net profit by fiscal year
Atul Limited. revenue and net profit by fiscal year
DateRevenueNet 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).

Atul Limited. operating and free cash flow by fiscal year
Atul Limited. operating and free cash flow by fiscal year
DateOperating cash flowFree 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%
YearRevenueOperating incomeEBITDANet profitCFOFCFROERevenue growth 1YNet profit growth 1Y
FY2025₹5,075 Cr₹714 Cr—₹456 Cr₹427 Cr₹61 Cr8.2%+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.

LineFY2025
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.

CompanyMarket capP/EP/BROEEV/EBITDA
Atul Limited.ATULthis company₹18,048 Cr37.0x3.1x7.6%25.5x
Bayer CropScience Limited.BAYERCROP₹19,912 Cr32.7x6.4x26.0%18.5x
Kansai Nerolac PaintsKANSAINER₹18,778 Cr28.4x2.9x20.9%10.4x
Gujarat Mineral Development CorporaGMDCLTD₹18,131 Cr27.5x2.7x9.8%19.5x
Chambal Fertilisers & Chemicals LtdCHAMBLFERT₹17,739 Cr9.6x1.8x18.7%7.8x
ADITYA BIRLA REAL ESTATE LIMITEDABREL₹17,331 Cr121.0x3.9x3.4%46.5x
Sarda Energy & Minerals LtdSARDAEN₹17,028 Cr18.3x2.7x13.3%24.0x
JSW CEMENT LIMITEDJSWCEMENT₹16,674 Cr86.4x2.5x8.2%20.5x
Vinati Organics Ltd.VINATIORGA₹16,332 Cr35.1x5.5x13.1%31.6x
Peer median—35.5x3.7x12.9%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

Atul Limited. operating margin by fiscal year
Atul Limited. operating margin by fiscal year
DateOperating margin
FY202124.0%
FY202217.0%
FY202314.0%
FY202413.0%
FY202514.0%
LineFY2025
RevenueSales₹5,075 Cr
Costs
Interest₹6 Cr
Expenses₹4,361 Cr
Profit before tax₹623 Cr

Learn while you research

Academy chapters picked for Atul Limited. and the metrics on this page.

  1. 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
  2. 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
  3. 03 Valuation Multiples ExplainedThis stock trades at a P/E of 37.0, learn when high multiples are justified.6 min read
  4. 04 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
  5. 05 Business Cycles & StocksThese cyclical sectors win and lose in different macro phases.6 min read
  6. 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
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