ATULChemicals

Atul Limited

Specialty Chemicals · ISIN INE100A01010 · BSE 500027 · NSE EQ · FV ₹10
Last price
₹6,134
+0.95%today
What this company does

Atul Limited operates in Specialty Chemicals, part of the Chemicals sector. It booked ₹1,848 cr of revenue in its latest quarter (Q1 FY27) and kept 13.3% of sales as profit. It is the 6th largest of 9 Specialty Chemicals companies we track, by market value.

In the report:
75out of 100
Equitytale Health Score
Solid

Healthier than 75% of companies in Chemicals, on all six measures of filed financials. Each measure is ranked against the 10–44 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
39

At close. Not part of the score.

Profitability & returns59

How much profit it earns on the money it employs

Balance sheet84

How much it owes, and whether earnings cover the interest

Cash quality70

Whether reported profit actually arrives as cash

Growth & consistency89

Whether sales and profit have grown, and how steadily

Valuation67

What today's price implies, against our models or its peers

Governance & risk93

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 25% vs last year
Profit up 92% vs last year
Promoters hold 45%
Strong 16% return on equity
Virtually debt-free
Turns profit into real cash
Watch-outs
! 1.0% of promoter stake pledged

What if I invest in ATUL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 8% a year, it would become
₹18.13 lakh

The slider starts at 8%, taken from this company's own revenue trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹6,134 +0.95%
latest close · 2026-09-17
1-year return
-31.0%
52-wk low ₹5,99552-wk high ₹10,969
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio18.4Average
LowAverageHigh
P/B ratio2.90Moderate
Below bookModerateHigh
EV / EBITDA10.6Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity15.8%Strong
WeakFairStrong ▸15%
Return on capital20.6%Strong
WeakFairStrong
Net margin13.3%Decent
ThinDecentStrong
EBITDA margin23.1%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.03Comfortable
LowModerateHigh ▸1
Interest cover86.8×Strong
RiskyOkayStrong ▸5×
Current ratio3.61Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹18,057 cr
Book value
₹2,113
EPS
₹83.32
latest quarter
Net debt
₹95 cr
owes more than its cash
Enterprise value
₹18,152 cr
EBITDA
₹1,707 cr
annualised
EBIT
₹1,395 cr
annualised
Operating margin
18.9%
Return on assets
12.4%
Earnings yield
5.43%
P/S
2.44
Sales / share
₹2,510.8
Tax rate
26.8%
Face value
₹10
Shares
2.9 cr
Working capital
₹2,934 cr
Current assets
₹4,056 cr
Current liabilities
₹1,122 cr
Delivery %
56.0%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 2 models ₹3,308 vs market price ₹6,134 — price is 85% above it
Safety cushion-85.4%(target ≥ +20%)
Models span ₹2,798₹3,818, midpoint ₹3,308
Model ₹3,308
Price ₹6,134
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹1,848 cr
Other Income₹33 cr
Total Income₹1,881 cr
Cost of Materials₹1,103 cr
Purchases of Stock-in-Trade₹32 cr
Inventory Change (±)₹-188 cr
Employee Benefit Expense₹132 cr
Finance Costs₹4 cr
Depreciation & Amortisation₹78 cr
Other Expenses₹375 cr
Total Expenses₹1,537 cr
Profit before Tax₹345 cr
Tax Expense₹92 cr
Share of JV / Associates₹2 cr
Net Profit₹254 cr
Net margin on total income13.5%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹947 cr50.3%
Employee benefit expense₹132 cr7.0%
Finance costs₹4 cr0.2%
Depreciation & amortisation₹78 cr4.1%
Other expenses₹375 cr19.9%
Tax expense₹92 cr4.9%
Profit for the period₹254 cr13.5%
Total income ₹1,881 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue1,574 cr1,670 cr1,848 cr
Total income1,612 cr1,760 cr1,881 cr
Expenses1,410 cr1,473 cr1,537 cr
Profit before tax202 cr289 cr345 cr
Tax40 cr92 cr92 cr
Net profit (owners' share)161 cr210 cr245 cr
Net margin (owners' share, on revenue)10.2%12.6%13.3%
EPS (₹)54.6071.3883.32
YoY (latest quarter): total income +25.1% · net profit +92.0%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹7,900 cr
Shareholder equity
₹6,222 cr
parent shareholders
Total debt
₹180 cr
Cash
₹85 cr
Cash flow · H1 FY26
Operating
₹508 cr
Investing
₹-392 cr
Financing
₹-99 cr
Peer comparison
Specialty Chemicals · by market value
CompanyPriceMarket capP/E
Pidilite Industries Limited₹1,552₹1.58 L cr45.3
Gujarat Fluorochemicals Limited₹4,472₹49,190 cr55.4
Navin Fluorine International Limited₹8,220₹42,169 cr43.3
Deepak Nitrite Limited₹1,605₹21,889 cr15.9
Aether Industries Limited₹1,623₹21,543 cr85.1
Atul Limitedthis company₹6,134₹18,057 cr18.4
Aarti Industries Limited₹477₹17,287 cr27.9
Fine Organic Industries Limited₹5,202₹15,949 cr28.9
BASF India Limited₹3,602₹15,591 cr11.2
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.49%
trailing 12 months
Dividend / share (TTM)
₹30
Last dividend
₹30
ex 17 Jul 2026
ActionDetailEx-date
Dividend₹30 / share17 Jul 2026
Dividend₹25 / share11 Jul 2025
Dividend₹20 / share12 Jul 2024
BuybackBuy Back20 Nov 2023
Dividend₹25 / share14 Jul 2023
Dividend₹7.5 / share2 Nov 2022
Who owns it · 2026-06-30
1.0% pledged
Promoter
45.3%
FII / Foreign
7.4%
DII / Domestic
25.9%
Retail / others
21.3%
Promoter stake up 0.3% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtAnkush Trust (Trustee Samveg Lalbhai) · Promoter Group100 · ₹8.1 L22 Dec 22
SoldSAMVEGBHAI ARVINDBHAI LALBHAI · Promoters200 · ₹16.2 L22 Dec 22
BoughtAdwait Trust (Trustee Samveg Lalbhai) · Promoters100 · ₹8.1 L22 Dec 22
Bulk / block deals
short · NSE53 Jul 26
short · NSE130 Mar 26
short · NSE2619 Mar 26
Stake changes
BoughtICICI Prudential Mutual Fund→ 5.00% · 10,14017 Jul 26
SoldKotak Mahindra Mutual Fund→ 2.85% · 1.26 L25 Oct 24
BoughtKotak Mahindra Mutual Fund→ 5.02% · 7,3502 Apr 24
Promoter pledges
PledgedStandard Chartered Bank50,000 · 0.50% held12 Mar 21
ReleasedBajaj Finance Limited50,000 · 0.67% held1 Mar 21
ReleasedBajaj Finance Ltd5.00 L · 1.68% held19 Oct 20
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 5 Sep 2026
See the official result
1
Appointment of Mr Vinayak Deshpande(Director identification number: 00036827) as an Independent Director for a term of five consecutive years
Backed by 100% of shareholders other than promotersneeded 75%
86.01 L votes for, 13,014 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 27 named members
owning 45.3% between them · as of 2026-06-30
Aagam Holdings Private Limited22.60%
Arvind Farms Pvt Ltd9.50%
Aagam Agencies Pvt Ltd4.20%
Aayojan Resources Private Ltd2.10%
Akshita Holdings Private Limited1.58%
Adhinami Investments Private Limited1.55%
Anusandhan Investments Limited0.80%
Samvegbhai Arvindbhai Lalbhai*0.71%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.