Atul Ltd

NSE: ATUL · Specialty Chemicals · sector

₹5,354.00NSE close 2026-10-26

Key numbers

Market cap₹15,762 cr

Price₹5,354.00

52w high / low₹7,180 / ₹5,354

P/E19.8xSector median 22.6x

P/B2.5xSector median 2.6x

Book value₹2,113.4

Dividend yield0.47%Sector median 0.60%

ROE11.9%Sector median 10.6%

ROCE16.9%Sector median 12.9%

OPM17.9%Sector median 12.1%

Debt / equity0.03xSector median 0.18x

EV/EBITDA11.9xSector median 15.1x

Interest cover64.0x

Current ratio3.61x

Sales growth 3y+7.9%Sector median +5.0%

Profit growth 3y+3.7%Sector median +0.9%

PEG5.10x

Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 107 companies in Specialty Chemicals (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹1,743 cr vs borrowings ₹180 cr (FY26): cash is higher (net cash).
Operating profit covered interest 64.0x in the last 12 months.
0.97% of the promoters' shares are pledged (0.4% of all shares).
Operating cash flow was below net profit in 1 of the last 4 years (FY22).
Revenue was higher than a year earlier in 4 of the last 4 quarters.
Other income was 30% of net profit in the last 12 months.
Debtor days went from 57 (FY23) to 74 (FY26).
Dividend paid in 4 of the last 5 financial years.
Price ₹5,354.00 on 2026-10-26: -25.4% from the 52-week high, 0.0% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹7,859.65 · low ₹5,196.60

Quarterly results

₹ cr	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	1,393	1,417	1,452	1,478	1,552	1,574	1,670	1,848
EBITDA	243	224	223	236	267	247	283	394
OPM %	17.4%	15.8%	15.4%	15.9%	17.2%	15.7%	16.9%	21.3%
Other income	32	16	49	26	48	39	90	33
Net profit	137	109	126	128	88	161	210	245
EPS (₹)	46.47	36.93	42.97	43.40	60.88	54.60	71.38	83.32
Revenue YoY					+11.4%	+11.1%	+15.0%	+25.0%
Profit YoY					-35.7%	+47.8%	+66.1%	+92.0%

Consolidated figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY21	FY22	FY23	FY25	FY26	TTM
Revenue	3,731	4,993	5,428	5,583	6,274	6,643
EBITDA	917	863	779	913	1,037	1,191
Net profit	76	608	-89	484	678	704
EPS (₹)	221.17	205.34	174.15	164.37	230.25	270.18
Revenue growth		+33.8%	+8.7%	+2.9%	+12.4%	+15.8%
Profit growth		+699.0%	-114.6%	–	+40.1%	+40.9%
Dividend / share (₹)	–	20.00	32.50	20.00	25.00

Compounded growth	3 years	5 years	Last 12 months
Sales	+7.9%	–	+15.8%
Net profit	+3.7%	–	+40.9%
EPS	+3.9%	–	–
Share price	–	-11.0% (2y)	+0.4%

Balance sheet

₹ cr	FY22	FY23	FY25	FY26
Shareholders' equity	–	4,671	5,599	6,222
Borrowings	–	47	198	180
Cash & equivalents	–	242	881	1,743
Total assets	–	5,768	7,001	7,900
Fixed assets	–	1,714	2,792	2,619
Capital work in progress	–	1,033	124	110
Investments	–	649	893	887
Receivables	–	845	1,126	1,271
Inventory	–	789	729	815
Payables	–	539	615	852

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY22	FY23	FY25	FY26
Cash from operations	217	707	603	1,023
Cash from investing	-225	-469	-495	-895
Cash from financing	11	-257	-84	-98
Capex	297	875	270	175
Free cash flow	-80	-168	333	848

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY22	FY23	FY25	FY26
ROE %	–	-1.9%	8.6%	10.9%
ROCE %	–	14.7%	12.2%	14.3%
Debtor days	–	57	74	74
Inventory days	–	101	97	90
Payable days	–	69	82	94
Cash conversion cycle (days)	–	89	89	70
Working capital days	–	84	135	171

Shareholding

Holder	% (2026-09-30)
Promoters	45.33%
FIIs	8.90%
DIIs	25.23%
of which Mutual funds	13.62%
of which Insurance	11.04%
Government	0.00%
Public (non-institutions)	20.53%

Quarter	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters %	45.17%	45.18%	45.18%	45.21%	45.22%	45.22%	45.33%	45.33%

Promoter group	%
Aagam Holdings Private Limited	22.60%
Arvind Farms Pvt Ltd	9.50%
Aagam Agencies Pvt Ltd	4.20%
Aayojan Resources Private Ltd	2.10%
Akshita Holdings Private Limited	1.58%
Adhinami Investments Private Limited	1.55%
Anusandhan Investments Limited	0.80%
Samvegbhai Arvindbhai Lalbhai*	0.71%
Samvegbhai Arvindbhai (On behalf of Samvegbhai Arvindbhai Lalbhai HUF)	0.39%
Sunil Siddharth Lalbhai	0.32%
Saumya Samvegbhai Lalbhai	0.25%
Swati S Lalbhai	0.22%
Taral S Lalbhai	0.18%
Samvegbhai Arvindbhai Lalbhai (On behalf of Ankush Trust)	0.17%
Samvegbhai Arvindbhai Lalbhai (On behalf of Adwait Trust)	0.17%

Public holders above 1%	%
Life Insurance Corporation Of India	5.44%
Dsp Small Cap Fund	4.73%
Icici Prudential Smallcap Fund	4.51%
Sbi Life Insurance Co. Ltd	3.69%
Aditya Birla Sun Life Mutual Fund - Aditya Birla Sun Life Flexi Cap Fund	1.83%
Tata Aia Life Insurance Co Ltd Unit Linked Multi Cap Fund	1.04%

54,964 shareholders. Pledged: 0.97% of promoter shares.

Peers in Specialty Chemicals

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
PIDILITIND	₹1,50,431 cr	56.8x	13.9x	25.7%	33.4%	24.5%	+7.4%	1.01%
FLUOROCHEM	₹46,168 cr	75.4x	5.9x	8.1%	10.0%	25.6%	-4.2%	0.07%
NAVINFLUOR	₹39,306 cr	49.7x	9.9x	23.9%	22.2%	33.7%	+16.8%	0.18%
DEEPAKNTR	₹19,676 cr	25.1x	3.4x	14.0%	15.3%	15.4%	-0.4%	0.52%
AETHER	₹19,529 cr	82.8x	8.0x	10.1%	11.4%	30.9%	+21.2%	–
ATUL	₹15,762 cr	19.8x	2.5x	11.9%	16.9%	17.9%	+7.9%	0.47%
AARTIIND	₹15,539 cr	29.3x	2.6x	9.2%	8.0%	14.9%	+7.8%	0.24%
FINEORG	₹15,328 cr	35.0x	5.8x	17.7%	21.3%	21.7%	-7.8%	0.22%
BASF	₹13,174 cr	20.5x	3.3x	16.9%	22.0%	5.9%	+3.1%	0.66%
PRIVISCL	₹13,109 cr	37.5x	9.3x	27.6%	22.6%	24.9%	+16.8%	0.15%

All 107 companies in Specialty Chemicals →

Business segments (FY26)

Segment	Revenue	Share	EBIT	Margin
Performance and Other Chemicals	₹4,609 cr	71.0%	₹86 cr	1.9%
Life Science Chemicals	₹1,805 cr	27.8%	₹417 cr	23.1%
Others	₹80 cr	1.2%	₹12 cr	14.7%

Dividends & corporate actions

Ex-date	Action	Detail
2026-07-17	Dividend	Dividend - Rs 30 Per Share
2025-07-11	Dividend	Dividend - Rs 25 Per Share
2024-07-12	Dividend	Annual General Meeting/Dividend - Rs 20 Per Share
2023-11-20	Buyback	Buy Back
2023-07-14	Dividend	Annual General Meeting/Dividend - Rs 25 Per Share
2022-11-02	Dividend	Special Interim Dividend - Rs 7.50 Per Share
2022-07-14	Dividend	Annual General Meeting/Dividend - Rs 25 Per Share
2021-07-15	Dividend	Annual General Meeting/Dividend - Rs 20 Per Share
2020-03-18	Dividend	Interim Dividend - Rs 15 Per Share
2019-11-04	Dividend	Special Dividend - Rs 12.5 Per Sh
2019-07-11	Dividend	Annual General Meeting / Dividend - Rs 15 Per Share
2018-07-12	Dividend	Dividend Rs - 12/- Per Share
2017-07-13	Dividend	Dividend - Rs 10/- Per Share
2016-07-14	Dividend	Dividend - Rs 10/- Per Share
2015-06-18	Dividend	Annual General Meeting/Dividend - Rs 8.50/- Per Share
2014-06-20	Dividend	Annual General Meeting / Dividend Rs 7.50/- Per Share
2013-06-21	Dividend	Annual General Meeting/Dividend Rs 6 Per Share
2012-06-21	Dividend	Annual General Meeting/Dividend Rs 4.50 Per Share
2011-06-29	Dividend	Annual General Meeting And Dividend Rs.4.50 Per Share
2010-07-29	Dividend	Annual General Meeting And Dividend Rs.4/- Per Share

Documents

Links go to the original files on the exchange website.

About the company

Life Science Chemicals: R&D, technology, procurement, manufacturing, sales and marketing
Performance and Other Chemicals: R&D, technology, procurement, manufacturing, sales and marketing
Others: R&D, technology, procurement, manufacturing, sales and marketing


Sector	Commodities
Industry	Specialty Chemicals
Sub-industry	Specialty Chemicals
Symbol	ATUL
BSE code	500027
ISIN	INE100A01010
Face value	₹10.0
Incorporated	1975-12-11
Website	www.atul.co.in
Plants (India / abroad)	8 / 0

From the company's filings (BRSR FY26).

Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.