Atul Ltd

    ATUL
    Chemicals
    ₹5,576.00
    Price as of 25 Oct 2026, 10:28 pm IST

    Market cap ₹16,417 Cr

    P/E
    21.27
    Day range
    ₹5,525.00 – ₹6,023.00
    52-week range
    ₹5,525.00 – ₹7,180.00
    Volume
    1.51 L
    Open
    ₹5,985.00
    Prev close
    ₹5,999.50

    Latest results · Q2 FY27(consolidated)Revenue ₹1,877 Cr+21.0%Profit ₹159 Cr-13.0%Margin 8.5%YoY vs the same quarter last year

    No red flags in exchange filings: no rising pledge, promoter selling, surveillance or critical filing on record.

    Research profile

    Composite 67 / 100

    Factor percentiles

    Value72
    Quality65
    Momentum45
    Low volatility87

    Derived metrics

    Earn. yield
    4.7%
    Graham no.
    ₹3,455.62
    vs Graham
    -38.0%
    ROE ÷ P/B
    4.1%
    12-1 mom.
    +6.2%
    Return / vol
    -0.16
    Magic Formula
    #238
    Piotroski
    6/6
    FCF yield
    5.2%
    PEG
    0.34

    Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.

    Peer comparison

    All 44 in Chemicals
    Largest Chemicals companies tracked, with sector medians
    CompanyM-capP/EP/BROEROCEOPMD/ESales YoY
    Solar IndustriesSOLARINDS₹1.66 L Cr83.4526.4632.5%38.0%28.0%0.24+70.3%
    Pidilite IndustriesPIDILITIND₹1.52 L Cr57.2614.0424.0%31.0%26.0%0.04+21.3%
    SRF LtdSRF₹68,470 Cr30.004.4813.8%15.0%19.0%0.35+34.7%
    Coromandel InternationalCOROMANDEL₹50,607 Cr27.664.1716.1%22.0%9.0%0.12+15.9%
    Linde IndiaLINDEINDIA₹48,812 Cr89.3511.4513.6%18.0%29.0%0.02+21.5%
    Gujarat FluorochemicalsFLUOROCHEM₹46,534 Cr76.076.017.6%10.0%27.0%0.35+24.0%
    Fertilisers and Chemicals TravancoreFACT₹43,399 Cr—32.643.0%9.0%-2.7%2.79+65.2%
    Atul LtdATUL₹16,417 Cr21.272.8411.7%15.0%21.0%0.03+25.0%
    Sector median₹12,619 Cr30.963.099.9%12.0%19.0%0.25+22.0%

    Sector as classified in the tracked universe; medians use every tracked Chemicals company, and P/E only profitable ones. Tinted figures beat the median.

    Latest news

    Updated 7d ago

    Headlines about Atul Ltd from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.

    Key metrics

    P/E (TTM)
    21.3
    EPS (TTM)
    ₹270.18
    Price / Book
    2.49
    ROE (FY26)
    11.7%
    ROCE (latest year)
    15%
    Dividend yield
    0.54%

    Moving averages (NSE)

    20-day
    ₹5,981.95
    Price below
    50-day
    ₹6,241.53
    Price below
    200-day
    ₹6,423.89
    Price below

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +4.9%
    Profit 3Y CAGR
    +10.8%
    Revenue YoY (Sep 2026)
    +20.9%
    Profit YoY (Sep 2026)
    -12.6%
    Operating margin
    13.0%
    Net margin
    8.5%

    Revenue, profit & margin - quarterly

    ₹ crore; a loss shows red. Operating margin below, same periods.

    0 Cr500 Cr1K Cr1.5K Cr2K Cr
    • Revenue
    • Net profit

    Operating margin

    Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Sep 20260%15%30%

    Who owns the company

    % of equity by quarter, latest Sept 2026

    Dec '24Mar '25Jun '25Sept '25Dec '25Mar '26Jun '26Sept '260%25%50%75%100%
    • Promoter
    • DII
    • Public
    • FII
    • Government

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-1K Cr-500 Cr0 Cr500 Cr1K Cr1.5K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY260%10%20%30%15% screen

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); the ratio below, same years.

    0 Cr2K Cr4K Cr6K Cr8K Cr
    • Equity
    • Debt

    Debt to equity

    Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 20260x0.5x1x

    Dividends per share

    ₹ by fiscal year of the ex-date; the latest year runs to date.

    FY18FY19FY20FY21FY22FY23FY24FY25FY26FY27₹0₹20₹40₹60

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
    Sales1,1381,2121,3221,3931,4171,4521,4781,5521,5741,6701,8481,877
    Expenses9861,0651,0991,1501,1931,2291,2421,2841,3271,3891,4541,630
    Operating Profit152148223243224223236267247281394247
    OPM %13%12%17%17%16%15%16%17%16%17%21%13%
    Other Income171616351950285040923550
    Interest255945554444
    Depreciation617677788182828180797878
    Profit before tax10583158191158186177231203289347214
    Tax %32%29%29%27%26%30%25%21%20%27%27%26%
    Net Profit7259112140117130132182164211254159
    EPS in Rs₹24.04₹19.84₹38.00₹46.47₹36.93₹42.97₹43.40₹60.88₹54.60₹71.38₹83.32₹52.89

    From company filings, updated 26 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.

    Working-capital cycle

    Debtor Days74

    +2 days since Mar 2021

    Inventory Days90

    -38 days since Mar 2021

    Days Payable94

    -27 days since Mar 2021

    Cash Conversion Cycle70

    -8 days since Mar 2021

    Working Capital Days69

    +4 days since Mar 2021

    Strengths, risks & growth

    Atul Ltd. is a diversified and integrated Indian chemical company (a part of Lalbhai Group, Gujarat). The products of the company are used in various Industries and come mainly under two segments, Life Science Chemicals and Performance and Other Chemicals under 9 Businesses. [1] Since its incorporation, the company has manufactured many products for the first time in India Dyes including Vat Dyes, crop care chemicals, Phosgene, Carbamite, 2,4-D Acid, para Cresol, tissue culture raised date palms. [2]

    Strengths

    • Company is almost debt free.

    Risks

    • The company has delivered a poor sales growth of 11.0% over past five years.
    • Company has a low return on equity of 9.23% over last 3 years.

    Compounded Sales Growth

    10 Years
    +9%
    5 Years
    +11%
    3 Years
    +5%
    TTM
    +18%

    Compounded Profit Growth

    10 Years
    +9%
    5 Years
    +1%
    3 Years
    +9%
    TTM
    +42%

    Stock Price CAGR

    10 Years
    +9%
    5 Years
    -10%
    3 Years
    -4%
    1 Year
    -5%

    Return on Equity

    10 Years
    +13%
    5 Years
    +11%
    3 Years
    +9%
    Last Year
    +11%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderDec 2025Mar 2026Jun 2026Sept 2026Change
    Promoter45.22%45.22%45.33%45.33%0.00 pp
    FII7.45%7.50%7.44%8.90%+1.46 pp
    DII25.41%25.89%25.93%25.22%-0.71 pp
    Government0.00%0.00%0.00%0.00%0.00 pp
    Public21.92%21.37%21.30%20.53%-0.77 pp

    Filed with NSE for Sept 2026: promoters 45.33%, public 54.67% · XBRL filing

    Analysts & fund holdings

    75%
    75% recommend buy
    12 analysts cover the stock
    Valuation vs Chemicals
    P/E21.3 vs 23.4
    Sector P/B2.92
    Beta1.08

    Who holds the shares, quarter by quarter

    Mutual funds 13.62% (-0.46 pp)
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    Sept 26
    • Promoters45.3%
    • Foreign institutions8.9%
    • Mutual funds13.6%
    • Insurance11.0%
    • Other domestic institutions0.6%
    • Retail11.5%
    • Others9.0%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    Aditya Birla SL Flexi Cap Fund1.38%0.90%-0.13 pp
    DSP Small Cap Fund1.31%1.11%-0.22 pp
    ICICI Pru Small Cap Fund1.14%2.11%-0.30 pp
    DSP Midcap Fund1.00%0.94%-0.25 pp
    ICICI Pru Multi Cap Fund0.71%0.69%-0.09 pp

    Scorecard

    Performance
    Low
    Valuation
    High
    Growth
    Low
    Profitability
    High
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Risk & trend

    From 275 daily sessions to 23 Oct 2026.

    Computed

    Risk

    Volatility (1Y)
    26.0%
    Downside volatility
    25.5%
    Worst 5% of days
    2.6%
    Average of that tail
    3.6%
    Max drawdown (1Y)
    21.6%
    Below its peak
    21.6%

    Against the market

    Beta vs Nifty 50
    0.67
    Correlation
    0.34
    Relative strength (3M)
    -3.7%
    ATR (14)
    3.2%

    Return

    Return 1M
    -9.7%
    Return 3M
    -9.0%
    Return 6M
    -16.4%
    Return 1Y
    -4.1%
    vs 200-day average
    -13.2%

    Momentum

    RSI (14) · oversold
    29.4
    MACD histogram
    -5.62
    Stochastic %K
    6.6
    ADX (14)
    21.8
    +DI / −DI
    13.5 / 31.8
    Money flow index
    54.4

    Participation

    Delivery (20d avg)
    58.0%
    vs its 60-day baseline
    +0.6 pts
    Volume vs 20-day
    +7.2σ
    Close vs day's VWAP
    -2.0%
    52-week position
    0 / 100

    These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.

    Financial quality

    From consolidated statements to 31 Mar 2026.

    Computed

    Piotroski F-Score

    6 of 6 tested

    • Return on assets positive — passed
    • Operating cash flow positive — not testableno cash flow statement for this period
    • Return on assets improving — passed
    • Cash flow exceeds profit — not testableneeds cash flow and profit against assets
    • Debt to assets falling — passed
    • Current ratio improving — passed
    • No new equity issued — not testableno share count is collected, and financing cash flow mixes equity with debt
    • Operating margin improving — passed
    • Asset turnover improving — passed
    Free cash flow
    ₹848 Cr
    FCF yield
    5.2%
    Cash conversion
    1.48
    Accruals ratio
    -0.042
    Net debt
    ₹98 Cr
    Net debt / equity
    0.02
    EV / sales
    2.37
    PEG
    0.34
    Capex intensity
    2.8%
    Revenue CAGR
    15.0%
    Profit CAGR
    62.2%

    Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.

    Insider trades

    Last 12 months, market trades
    No market trades
    0 buys · ₹0
    0 sells · ₹0
    Latest insider trades disclosed to NSE
    PersonTypeSharesValueDisclosed
    Ankush Trust (Trustee Samveg Lalbhai)
    Promoter Group · Gift
    Buy100₹8.1 L26 Dec 2022
    SAMVEGBHAI ARVINDBHAI LALBHAI
    Promoters · Gift
    Sell200₹16.2 L26 Dec 2022
    Adwait Trust (Trustee Samveg Lalbhai)
    Promoters · Gift
    Buy100₹8.1 L26 Dec 2022
    Sunil Lalbhai Employees Trust No 1 (Swati Siddharth Lalbhai Trustee)
    Promoters · Inter-se-Transfer
    Buy2,000₹1.8 Cr14 Dec 2021
    Sunil Lalbhai Employee Trust (Sunil Lalbhai Trustee)
    Promoters · Inter-se-Transfer
    Sell2,000₹1.8 Cr14 Dec 2021
    Agham Agencies Pvt Ltd
    Promoters · Market Purchase
    Buy100₹8.5 L26 Nov 2021
    Agham Agencies Pvt Ltd
    Promoters · Market Purchase
    Buy50₹4.4 L15 Nov 2021
    Agham Agencies Pvt Ltd
    Promoters · Market Purchase
    Buy50₹4.5 L12 Nov 2021
    Vimla Siddharth Family Trust (Trustee Sunil Siddharth Lalbhai)
    Promoters · Market Purchase
    Buy100₹9.0 L10 Nov 2021
    Agham Agencies Pvt Ltd
    Promoters · Market Purchase
    Buy100₹9.0 L3 Nov 2021
    Agham Agencies Pvt Ltd
    Promoters · Market Purchase
    Buy200₹18.7 L1 Oct 2021
    Agham Agencies Pvt Ltd
    Promoters · Market Purchase
    Buy100₹9.5 L27 Sept 2021

    Disclosures filed with NSE under SEBI (Prohibition of Insider Trading) Regulations. Pledges and releases are not trades and are not counted above.

    Corporate actions

    • dividend
      ₹30.00

      Dividend - Rs 30 Per Share

      17 Jul 2026
      ex-date
    • dividend
      ₹25.00

      Dividend - Rs 25 Per Share

      11 Jul 2025
      ex-date
    • dividend
      ₹20.00

      Annual General Meeting/Dividend - Rs 20 Per Share

      12 Jul 2024
      ex-date
    • buyback
      Not available — not reported in this filing

      Buy Back

      20 Nov 2023
      ex-date
    • dividend
      ₹25.00

      Annual General Meeting/Dividend - Rs 25 Per Share

      14 Jul 2023
      ex-date
    • dividend
      ₹7.50

      Special Interim Dividend - Rs 7.50 Per Share

      2 Nov 2022
      ex-date
    • dividend
      ₹25.00

      Annual General Meeting/Dividend - Rs 25 Per Share

      14 Jul 2022
      ex-date
    • dividend
      ₹20.00

      Annual General Meeting/Dividend - Rs 20 Per Share

      15 Jul 2021
      ex-date
    • dividend
      ₹15.00

      Interim Dividend - Rs 15 Per Share

      18 Mar 2020
      ex-date
    • dividend
      ₹12.50

      Special Dividend - Rs 12.5 Per Sh

      4 Nov 2019
      ex-date
    • dividend
      ₹15.00

      Annual General Meeting / Dividend - Rs 15 Per Share

      11 Jul 2019
      ex-date
    • dividend
      Not available — not reported in this filing

      Dividend Rs - 12/- Per Share

      12 Jul 2018
      ex-date
    • dividend
      ₹10.00

      Dividend - Rs 10/- Per Share

      13 Jul 2017
      ex-date
    • dividend
      ₹10.00

      Dividend - Rs 10/- Per Share

      14 Jul 2016
      ex-date
    • dividend
      ₹8.50

      Annual General Meeting/Dividend - Rs 8.50/- Per Share

      18 Jun 2015
      ex-date
    • dividend
      ₹7.50

      Annual General Meeting / Dividend Rs 7.50/- Per Share

      20 Jun 2014
      ex-date
    • dividend
      ₹6.00

      Annual General Meeting/Dividend Rs 6 Per Share

      21 Jun 2013
      ex-date
    • dividend
      ₹4.50

      Annual General Meeting/Dividend Rs 4.50 Per Share

      21 Jun 2012
      ex-date
    • dividend
      ₹4.50

      Annual General Meeting And Dividend Rs.4.50 Per Share

      29 Jun 2011
      ex-date
    • dividend
      ₹4.00

      Annual General Meeting And Dividend Rs.4/- Per Share

      29 Jul 2010
      ex-date

    Company announcements

    Company Update
    Announcement under Regulation 30 (LODR)-Press Release / Media Release

    Letter attached

    Company Update
    Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    Letter attached

    Insider Trading / SAST
    Closure of Trading Window

    Letter attached

    Board MeetingPrice-sensitive
    Board Meeting Intimation for Unaudited Standalone And Consolidated Financial Results For The Quarter / Six Months Ending On September 30, 2026

    Atul Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/10/2026 ,inter alia, to consider and approve unaudited standalone and consolidated ....

    Company Update
    Outcome Of Postal Ballot

    letter attached

    AGM/EGM
    Shareholder Meeting / Postal Ballot-Notice of Postal Ballot

    Postal ballot notice attached

    Company Update
    49Th Annual General Meeting Video Proceedings, Presentation And Speech

    Letter attached

    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    Voting results and scrutiniser's report

    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Outcome of AGM

    Proceedings of AGM/outcome

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Letter Attached

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Management

    letter attached

    Company Update
    Letter Attached

    letter attached

    Result
    June 30, 2026

    Letter attached

    Insider Trading / SAST
    Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011

    The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for ICICI Prudential Mutual Fund

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Management

    Letter attached

    Filed with BSE (scrip 500027); the last 45 days. Documents open at bseindia.com.

    SEBI filings & orders

    From SEBI's website. An order may concern the company, its officers or trading in its shares, and may be under appeal - read the order itself. Personal identifiers are withheld.

    Buybacks, open offers & rights issues

    • Buyback

      Atul Limited

      9 Nov 2023
      Read on SEBI
    • Buyback

      Atul Limited

      29 Mar 2022
      Read on SEBI
    • Buyback - Post Buy-Back Public Announcement

      Atul Limited - Post Buy-Back Public Announcement

      25 Feb 2021
      Read on SEBI
    • Buyback - Public Announcement

      Atul Limited - Public Announcement

      3 Feb 2021
      Read on SEBI

    Documents

    Earnings calls

    Credit ratings

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 24 Oct 2026 (unaudited). View the source filing. Figures are as filed and are not investment advice.

    FAQ

    Atul Ltd: common questions

    Answered from the figures on this page.

    Atul Ltd last traded at ₹5,576.00 (NSE, as of 25 Oct 2026). The last session moved it down 7.06%.

    Atul Ltd is valued at about ₹16,417 crore (NSE, as of 25 Oct 2026).

    Atul Ltd trades at a price-to-earnings ratio of 21.27 (NSE, as of 25 Oct 2026). The P/E compares the share price with earnings per share, so it is only comparable between companies in the same industry.

    Atul Ltd has traded between ₹5,525.00 and ₹7,180.00 over the past 52 weeks, to 25 Oct 2026. It is currently 3% of the way up that range.

    Atul Ltd (ATUL) is classified under Chemicals on this site's screener.