Atul Ltd.

NSE: ATUL · Chemicals

₹5,232.50-0.52%06 Nov 2026

Ask the data

Instant answers about Atul Ltd. — computed from its filings, no language model

Market cap₹15,404 cr

Current price₹5,232.50

High / Low₹7,108 / ₹5,028

P/E20.0

P/B2.34

Book value₹2,236.1

ROE11.7%

ROCE15.8%

Debt / equity0.03

Dividend yield0.48%

EPS (TTM)₹262.20

Face value₹10

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

	FY20	FY21	FY23	FY25	FY26
Revenue	4,093	3,731	5,428	5,583	6,274
EBITDA	902	917	775	913	1,031
Operating margin	22.0%	24.6%	14.3%	16.4%	16.4%
Interest	9	9	8	24	17
Depreciation	130	136	198	317	322
Profit before tax	840	874	688	681	900
Tax	175	222	181	194	225
Net profit	666	76	-89	484	678
EPS ₹	224.69	221.17	174.15	164.37	230.25
Operating cash flow	—	—	707	603	1,023
Capex	—	—	875	270	175
Dividend paid	—	—	8	59	74
Total assets	4,150	4,937	5,768	7,001	7,900
Equity	3,155	3,827	4,671	5,599	6,222

Quarterly performance

last 23 quarters · ₹ crore

showing latest 8 of 23 periods

	JUN '19	SEP '19	MAR '20	JUN '20	DEC '20	MAR '21	JUN '21	DEC '21	JUN '22	SEP '22	MAR '23	SEP '23	DEC '23	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	1,041	1,046	965	661	953	1,116	1,080	1,380	1,477	1,487	1,195	1,194	1,138	1,322	1,393	1,417	1,452	1,478	1,552	1,574	1,670	1,848	1,877
Operating profit	240	224	188	159	243	254	236	251	233	220	149	155	152	223	243	224	223	236	267	247	281	394	247
Operating margin	23.1%	21.5%	19.5%	24.0%	25.5%	22.8%	21.9%	18.2%	15.8%	14.8%	12.5%	13.0%	13.3%	16.9%	17.4%	15.8%	15.4%	15.9%	17.2%	15.7%	16.8%	21.3%	13.1%
Other income	10	21	36	41	37	19	30	3	36	32	24	22	15	13	32	16	49	26	48	39	90	33	48
Interest	2	2	2	3	2	2	2	2	2	2	2	2	2	5	9	4	5	5	5	4	4	4	4
Depreciation	32	32	34	33	33	37	43	45	47	49	51	54	61	77	78	81	82	82	81	80	79	78	78
Profit before tax	217	211	187	164	245	234	220	207	220	201	122	121	103	154	188	155	184	175	230	202	289	345	214
Tax	69	2	46	46	57	59	57	53	58	54	30	32	33	46	51	41	56	45	49	40	92	92	56
Net profit	100	209	141	4	189	-37	131	115	165	151	-105	90	71	112	137	109	126	128	88	161	210	245	156
EPS ₹	49.67	70.45	47.62	39.71	63.58	59.04	56.09	52.53	55.70	51.11	31.69	30.60	24.04	38.00	46.47	36.93	42.97	43.40	60.88	54.60	71.38	83.32	52.89
Revenue YoY	—	—	—	-36.5%	—	15.6%	63.5%	44.9%	36.7%	—	—	-19.7%	—	—	16.7%	24.5%	—	11.8%	11.4%	11.1%	15.0%	25.0%	21.0%
Profit YoY	—	—	—	-95.8%	—	-126.1%	3046.6%	-39.1%	25.7%	—	—	-40.1%	—	—	51.5%	53.3%	—	14.2%	-35.7%	47.8%	66.1%	92.0%	77.1%

Earlier results (standalone, Sep '07 – Mar '19)

₹ crore · from BSE, before the NSE XBRL filings begin

Atul Ltd. reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 11 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†	FY18†	FY19†
Revenue	1,181	1,190	1,548	1,800	1,999	2,365	2,556	2,459	2,848	3,148	3,916
Operating profit	126	138	196	206	245	343	376	432	470	472	736
Operating margin	10.6%	11.6%	12.7%	11.5%	12.3%	14.5%	14.7%	17.6%	16.5%	15.0%	18.8%
Other income	12	—	6	8	21	31	15	46	42	38	31
Interest	40	26	25	42	33	34	24	26	21	9	4
Depreciation	32	37	39	44	49	54	55	62	91	105	112
Profit before tax	46	76	139	122	192	297	312	393	401	397	652
Tax	8	22	49	34	57	84	95	125	115	127	223
Net profit	38	54	90	88	136	213	217	268	285	270	429

Quarters

showing latest 8 of 47 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†	MAR '18†	JUN '18†	SEP '18†	DEC '18†	MAR '19†
Revenue	250	286	262	299	351	283	247	264	280	315	331	333	396	412	407	415	461	462	462	502	543	451	503	517	589	592	668	647	662	627	619	587	645	606	621	675	738	676	759	690	787	804	867	888	1,007	1,019	1,001
Operating profit	22	21	11	17	33	43	34	33	38	24	43	40	57	59	40	43	52	65	46	68	82	48	47	66	91	87	100	104	97	94	81	98	125	104	105	117	143	109	101	76	125	126	145	142	190	211	193
Operating margin	8.9%	7.4%	4.3%	5.5%	9.4%	15.1%	13.6%	12.5%	13.6%	7.6%	13.0%	12.1%	14.3%	14.3%	9.9%	10.4%	11.3%	14.1%	9.9%	13.5%	15.1%	10.6%	9.4%	12.8%	15.4%	14.6%	15.0%	16.0%	14.6%	15.0%	13.0%	16.8%	19.3%	17.1%	17.0%	17.3%	19.4%	16.1%	13.4%	11.0%	15.9%	15.7%	16.8%	16.0%	18.9%	20.7%	19.3%
Other income	8	4	22	1	6	4	2	—	6	1	3	3	1	0	2	0	2	0	6	3	6	5	7	3	5	23	0	2	9	4	1	8	15	7	16	6	11	3	23	4	8	0	26	13	19	-5	4
Interest	7	9	7	9	10	12	9	8	6	6	6	6	6	6	7	6	12	10	14	11	6	8	8	7	9	8	9	6	6	6	5	5	6	8	7	7	5	6	3	3	3	2	2	1	1	1	1
Depreciation	6	9	8	7	7	8	9	10	7	10	10	10	9	10	10	10	10	11	13	11	12	13	13	13	12	12	17	14	14	14	14	14	15	16	17	20	22	23	25	26	26	26	27	27	27	28	30
Profit before tax	17	7	20	0	22	18	6	15	28	8	25	29	43	42	25	25	22	39	37	54	67	39	32	60	77	87	74	86	86	78	62	87	121	87	97	95	126	83	97	52	104	99	142	127	180	178	166
Tax	1	-0	3	-0	4	2	2	3	7	3	9	9	13	14	13	7	6	13	9	17	18	12	10	19	21	22	22	26	27	24	18	27	37	27	35	14	44	24	33	18	34	33	43	43	61	61	57
Net profit	16	7	18	0	18	16	4	12	21	5	16	20	29	28	13	19	16	26	28	37	49	28	21	40	56	65	52	60	59	54	45	60	84	61	63	81	82	59	64	34	70	66	100	84	119	117	109
EPS ₹	5.76	2.38	6.05	0.81	6.01	5.30	1.38	5.16	6.79	1.62	5.09	6.74	9.94	9.44	4.22	6.25	5.39	8.69	9.37	12.64	16.41	9.41	7.23	13.64	18.72	22.00	17.38	20.15	19.92	18.11	15.12	20.24	28.48	20.54	21.11	27.15	27.76	19.75	21.52	11.61	23.62	22.25	33.68	28.38	40.13	39.41	36.59
Revenue YoY	—	—	—	—	40.3%	-0.9%	-5.5%	-11.8%	-20.2%	11.2%	33.8%	26.0%	41.4%	30.9%	22.8%	24.7%	16.5%	11.9%	13.6%	21.0%	17.8%	-2.3%	8.9%	2.9%	8.3%	31.3%	32.8%	25.2%	12.5%	5.9%	-7.3%	-9.2%	-2.6%	-3.4%	0.3%	14.9%	14.5%	11.6%	22.2%	2.2%	6.6%	18.8%	14.2%	28.7%	28.0%	26.9%	15.5%
Profit YoY	—	—	—	—	11.2%	122.3%	-77.2%	4900.0%	17.8%	-68.2%	291.2%	66.7%	40.4%	459.8%	-21.7%	-7.3%	-45.8%	-8.0%	122.0%	102.2%	204.6%	8.3%	-22.9%	7.9%	14.0%	133.8%	140.5%	47.8%	6.4%	-17.7%	-13.0%	0.5%	43.0%	13.5%	39.6%	34.1%	-2.5%	-3.9%	2.0%	-57.3%	-14.9%	12.6%	56.5%	144.5%	69.9%	77.1%	8.6%

Returns & margins

trailing-twelve-month, per quarter

	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	8.6%	8.9%	7.6%	8.5%	9.4%	11.3%	11.7%
ROCE	12.2%	12.5%	12.5%	13.3%	14.3%	16.9%	15.8%
Net margin	8.7%	8.7%	7.6%	8.3%	9.4%	10.6%	11.1%
EBITDA margin	16.4%	16.1%	16.1%	16.1%	16.4%	17.9%	16.8%
Debt / equity	0.04	0.04	0.03	0.03	0.03	0.03	0.03
Interest coverage	29.41	31.34	39.89	43.69	52.41	64.02	66.58
Asset turnover	0.80	0.82	0.79	0.81	0.79	0.84	0.83

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 15 periods

	MAR '16‡	MAR '17‡	MAR '18‡	MAR '19‡	MAR '20‡	MAR '21‡	MAR '22‡	SEP '22	MAR '23	SEP '23	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	30	30	30	30	30	30	30	30	30	30	29	29	29	29	29
Other equity / reserves	1,585	1,936	2,214	2,676	3,125	3,797	4,399	4,543	4,642	4,872	5,579	5,569	5,888	6,192	6,554
Total equity	1,615	1,966	2,244	2,706	3,155	3,827	4,429	4,572	4,671	4,902	5,609	5,599	5,918	6,222	6,583
Borrowings	280	145	16	52	97	127	138	68	47	157	213	198	182	180	166
Current liabilities	706	588	569	577	732	806	999	970	840	815	1,015	884	1,012	1,122	1,247
Non-current liabilities	156	158	181	237	237	274	248	224	208	332	482	455	471	482	503
Total assets	2,479	2,727	3,014	3,544	4,150	4,937	5,706	5,794	5,768	6,097	7,158	7,001	7,471	7,900	8,418
Property, plant & equipment	749	999	1,000	1,049	1,062	1,357	1,576	1,688	1,714	1,890	2,759	2,792	2,710	2,619	2,538
Capital work-in-progress	180	59	96	172	368	250	420	636	1,033	1,019	212	124	109	110	122
Investments	379	429	16	752	1,137	1,361	1,339	981	881	1,111	1,745	1,766	2,188	2,592	2,867
Inventories	428	419	—	512	503	594	864	952	789	623	808	729	828	815	993
Receivables	441	519	—	698	720	733	989	980	845	907	1,084	1,126	1,135	1,271	1,390
Cash & equivalents	18	23	—	38	26	47	58	37	38	65	59	51	69	85	86

Cash flow

annual · ₹ crore · line = free cash flow

showing latest 5 of 10 periods

	FY14‡	FY15‡	FY16‡	FY17‡	FY18‡	FY19‡	FY20‡	FY23	FY25	FY26
Cash from operations	152	306	401	392	356	404	881	707	603	1,023
Cash from investing	-83	-167	-375	-173	-130	-407	-786	-469	-495	-895
Cash from financing	-60	-124	-39	-212	-207	-1	-108	-257	-84	-98
Capex	116	5	—	217	143	208	374	875	270	175
Free cash flow	35	301	—	175	213	195	507	-168	333	848
Dividends paid	—	—	—	—	—	—	—	8	59	74

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹2,538 cr30%

CWIP

₹122 cr1%

Investments

₹2,867 cr34%

Inventories

₹993 cr12%

Receivables

₹1,390 cr17%

Cash & equivalents

₹86 cr1%

Other assets

₹422 cr5%

Peer comparison

largest in Chemicals · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Solar Industries India Ltd.	1,68,402	18,608.00	74.4	21.95	29.5%
Pidilite Industries Ltd.	1,60,821	1,579.00	59.9	14.34	23.9%
SRF Ltd.	72,931	2,460.40	143.2	4.77	3.3%
Linde India Ltd.	58,496	6,859.00	755.3	13.33	1.8%
Coromandel International Ltd.	53,808	1,824.00	31.8	428.48	1349.1%
Gujarat Fluorochemicals Ltd.	51,320	4,665.50	75.6	6.12	8.1%
Fertilisers and Chemicals Travancore Ltd.	48,546	750.25	—	35.30	-3.1%
Navin Fluorine International Ltd.	46,221	9,010.00	50.8	10.36	20.4%
UPL Ltd.	45,199	534.90	23.9	1.30	5.4%
Himadri Speciality Chemical Ltd.	28,669	568.15	33.5	5.58	16.6%
Atul Ltd.	15,404	5,232.50	20.0	2.34	11.7%

StoxGud checklist: Neutral setup · 4/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-12.8%

6 months-25.6%

1 year-11.2%

3Y CAGR-7.9%

5Y CAGR-10.0%

10Y CAGR+9.1%

50-day avg₹5,952.70

200-day avg₹6,376.27

RSI (14)19

Compare Atul Ltd. with

Sumitomo Chemical India vs Atul Aarti Industries vs Atul Tata Chemicals vs Atul Chambal Fertilizers & Chemicals vs Atul Atul vs Paradeep Phosphates Atul vs Deepak Fertilisers & Petrochemicals Corp.Atul vs Anupam Rasayan India Atul vs Privi Speciality Chemicals

FAQs

What is the share price of Atul Ltd.?

Atul Ltd. (ATUL) closed at ₹5,232.50 on NSE on 06 Nov 2026.

What is the market cap of Atul Ltd.?

₹15,404 crore at the latest close.

What is the P/E ratio of Atul Ltd.?

20.0, on trailing-twelve-month earnings from its filings.

How fast is Atul Ltd. growing?

Atul Ltd.: revenue has compounded at 18.9% a year over three years; net profit at 107.4% a year. Latest-quarter revenue is up 21.0% year on year, profit up 77.1%.

How profitable is Atul Ltd.?

On a trailing-twelve-month basis return on equity is 11.7%, return on capital employed 15.8%, operating margin 16.8%, net margin 11.1%.

How much debt does Atul Ltd. have?

Atul Ltd. is debt-free: debt to equity is 0.03 with borrowings of ₹166 cr against cash of ₹86 cr (balance sheet of 2026-09-30). Operating profit covers interest 66.6 times.

Financials parsed from Atul Ltd.'s own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from JUN '19, annual from FY20, balance sheet from Mar '16. * = derived (full year or half year minus earlier quarters). ‡ = balance sheet / cash flow read from the company's published annual report (same basis), for years before the NSE filings carry them; each one checked to add up. Information only, not investment advice.