Atul Ltd.
•₹ 6,509.5-0.02%
2026-08-21
ABOUT
KEY POINTS
Revenue Breakup Mar 2026 • Performance & Other Chemicals: 71.0% • Life Science Chemicals: 27.8% • Others: 1.2%
PROS
- Company is almost debt free
- Company has consistently been profitable over the last 5 years
- Latest quarter profit grew 91.8% YoY, showing strong momentum
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.52x)
- Company comfortably covers its interest (52.7x coverage)
- Company has a consistent dividend-paying track record
CONS
- Company has a low return on equity of 9.2% over last 3 years
- Company has delivered a poor profit growth of 0.9% over past five years
- Though reporting repeated profits, the company pays out little dividend (13.0%)
- Expensive relative to growth - PEG of 2.3
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | SOLARINDS | 19800.00 | 89.97 | 179170.31 | 0.06 | 666.37 | 88.98 | 3668.20 | 70.26 | 38.16 | 27.91 |
| 2. | PIDILITIND | 1650.00 | 63.40 | 167935.41 | 1.30 | 8835.10 | 1202.86 | 45515.50 | 1112.74 | 32.38 | 26.28 |
| 3. | SRF | 2575.00 | 35.31 | 76329.39 | 0.35 | 758.87 | 75.53 | 5033.26 | 34.63 | 14.21 | 24.57 |
| 4. | FLUOROCHEM | 4679.55 | 83.59 | 51404.86 | 0.06 | 219.00 | 19.02 | 1588.00 | 23.97 | 10.02 | 26.83 |
| 5. | NAVINFLUOR | 8281.50 | 53.80 | 42484.11 | 0.18 | 243.31 | 107.67 | 1045.08 | 44.07 | 21.39 | 34.17 |
| 6. | GODREJIND | 1217.10 | 34.87 | 40998.14 | 0.00 | 523.36 | -27.85 | 5448.09 | 22.16 | 10.64 | 12.82 |
| 7. | DEEPAKNTR | 1767.85 | 30.78 | 24112.24 | 0.42 | 345.01 | 207.36 | 2577.60 | 36.39 | 11.58 | 20.96 |
| 8. | AETHER | 1639.40 | 92.52 | 21759.40 | 0.00 | 62.75 | 33.45 | 326.56 | 27.49 | 11.65 | 31.47 |
| 9. | ATUL | 6581.75 | 24.36 | 19377.83 | 0.46 | 253.93 | 91.85 | 1847.95 | 25.03 | 15.05 | 21.41 |
| 10. | AARTIIND | 526.90 | 35.99 | 19112.07 | 0.19 | 155.00 | 260.47 | 2387.00 | 42.42 | 6.39 | 16.00 |
| 11. | DEEPAKFERT | 1474.65 | 18.98 | 18678.34 | 0.68 | 490.04 | 100.95 | 3256.26 | 22.47 | 12.12 | 25.96 |
| 12. | BASF | 3928.85 | 26.45 | 17006.28 | 0.64 | 360.29 | 162.22 | 4824.26 | 24.57 | 15.23 | 10.46 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,182 | 1,194 | 1,138 | 1,212 | 1,322 | 1,393 | 1,417 | 1,452 | 1,478 | 1,552 | 1,574 | 1,670 | 1,848 | |
| 1,000 | 1,039 | 986 | 1,065 | 1,099 | 1,150 | 1,193 | 1,229 | 1,242 | 1,284 | 1,327 | 1,389 | 1,537 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 8 | 22 | 15 | 13 | 13 | 32 | 16 | 49 | 26 | 48 | 39 | 90 | 33 |
| Interest | 2 | 2 | 2 | 5 | 5 | 9 | 4 | 5 | 5 | 5 | 4 | 4 | 4 |
| Depreciation | 52 | 54 | 61 | 76 | 77 | 78 | 81 | 82 | 82 | 81 | 80 | 79 | 78 |
| 136 | 121 | 103 | 80 | 154 | 188 | 155 | 184 | 175 | 230 | 202 | 287 | 347 | |
| Tax % | 26.67% | 26.73% | 32.32% | 30.43% | 29.50% | 27.39% | 26.36% | 30.33% | 25.50% | 21.26% | 19.76% | 27.06% | 26.79% |
| Net Profit | 0 | 0 | 0 | 0 | 112 | 140 | 117 | 130 | 132 | 182 | 164 | 211 | 254 |
| 35 | 31 | 24 | 20 | 38 | 46 | 37 | 43 | 43 | 61 | 55 | 71 | 8 | |
| Equity Capital | 30 | 30 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 30 | 30 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 1,182
- 1,000
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 2
- Depreciation
- 52
- 136
- Tax %
- 26.67%
- Net Profit
- 0
- 35
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 1,194
- 1,039
- Operating Profit
- —
- OPM %
- —
- Other Income
- 22
- Interest
- 2
- Depreciation
- 54
- 121
- Tax %
- 26.73%
- Net Profit
- 0
- 31
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 1,138
- 986
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 2
- Depreciation
- 61
- 103
- Tax %
- 32.32%
- Net Profit
- 0
- 24
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 1,212
- 1,065
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 5
- Depreciation
- 76
- 80
- Tax %
- 30.43%
- Net Profit
- 0
- 20
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 1,322
- 1,099
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 5
- Depreciation
- 77
- 154
- Tax %
- 29.50%
- Net Profit
- 112
- 38
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 1,393
- 1,150
- Operating Profit
- —
- OPM %
- —
- Other Income
- 32
- Interest
- 9
- Depreciation
- 78
- 188
- Tax %
- 27.39%
- Net Profit
- 140
- 46
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 1,417
- 1,193
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 4
- Depreciation
- 81
- 155
- Tax %
- 26.36%
- Net Profit
- 117
- 37
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 1,452
- 1,229
- Operating Profit
- —
- OPM %
- —
- Other Income
- 49
- Interest
- 5
- Depreciation
- 82
- 184
- Tax %
- 30.33%
- Net Profit
- 130
- 43
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 1,478
- 1,242
- Operating Profit
- —
- OPM %
- —
- Other Income
- 26
- Interest
- 5
- Depreciation
- 82
- 175
- Tax %
- 25.50%
- Net Profit
- 132
- 43
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 1,552
- 1,284
- Operating Profit
- —
- OPM %
- —
- Other Income
- 48
- Interest
- 5
- Depreciation
- 81
- 230
- Tax %
- 21.26%
- Net Profit
- 182
- 61
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 1,574
- 1,327
- Operating Profit
- —
- OPM %
- —
- Other Income
- 39
- Interest
- 4
- Depreciation
- 80
- 202
- Tax %
- 19.76%
- Net Profit
- 164
- 55
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 1,670
- 1,389
- Operating Profit
- —
- OPM %
- —
- Other Income
- 90
- Interest
- 4
- Depreciation
- 79
- 287
- Tax %
- 27.06%
- Net Profit
- 211
- 71
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 1,848
- 1,537
- Operating Profit
- —
- OPM %
- —
- Other Income
- 33
- Interest
- 4
- Depreciation
- 78
- 347
- Tax %
- 26.79%
- Net Profit
- 254
- 8
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,834 | 3,296 | 4,038 | 4,093 | 3,731 | 5,081 | 5,428 | 4,726 | 5,583 | 6,274 | 6,643 | |
| 2,324 | 2,791 | 3,271 | 3,191 | 2,823 | 4,171 | 4,653 | 4,092 | 4,670 | 5,243 | 5,537 | |
| Operating Profit | 562 | 531 | 802 | 980 | 1,020 | 987 | 890 | 695 | 1,022 | 1,234 | — |
| OPM % | 20 | 16 | 20 | 24 | 27 | 19 | 16 | 15 | 18 | 20 | — |
| Other Income | 53 | 26 | 35 | 78 | 111 | 78 | 115 | 61 | 109 | 204 | 210 |
| Interest | 25 | 13 | 7 | 9 | 9 | 9 | 8 | 11 | 24 | 17 | 17 |
| Depreciation | 95 | 110 | 119 | 130 | 136 | 177 | 198 | 243 | 317 | 322 | 318 |
| 446 | 412 | 680 | 845 | 882 | 810 | 688 | 451 | 692 | 900 | 1,066 | |
| Tax % | 28 | 32 | 36 | 21 | 25 | 25 | 26 | 28 | 28 | 23 | 24 |
| Net Profit | 323 | 281 | 436 | 671 | 660 | 605 | 507 | 324 | 499 | 689 | 806 |
| EPS | 109 | 95 | 146 | 225 | 221 | 204 | 174 | 110 | 164 | 230 | — |
| Dividend Payout % | 9 | 13 | 10 | 12 | 9 | 12 | 19 | 18 | 15 | 13 | — |
| Minority Interest | -0 | -5 | -4 | -4 | -4 | -0 | 7 | -1 | -15 | -11 | 9 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7 |
| Adjusted EPS | 109 | 93 | 146 | 225 | 222 | 204 | 174 | 110 | 164 | 230 | — |
| Minority Interest | -0 | -5 | -4 | -4 | -4 | -0 | 7 | -1 | -15 | -11 | 9 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7 |
| Adjusted EPS | 109 | 93 | 146 | 225 | 222 | 204 | 174 | 110 | 164 | 230 | — |
Mar 2017
- 2,834
- 2,324
- Operating Profit
- 562
- OPM %
- 20
- Other Income
- 53
- Interest
- 25
- Depreciation
- 95
- 446
- Tax %
- 28
- Net Profit
- 323
- EPS
- 109
- Dividend Payout %
- 9
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 109
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 109
Mar 2018
- 3,296
- 2,791
- Operating Profit
- 531
- OPM %
- 16
- Other Income
- 26
- Interest
- 13
- Depreciation
- 110
- 412
- Tax %
- 32
- Net Profit
- 281
- EPS
- 95
- Dividend Payout %
- 13
- Minority Interest
- -5
- Share of Associates
- 0
- Adjusted EPS
- 93
- Minority Interest
- -5
- Share of Associates
- 0
- Adjusted EPS
- 93
Mar 2019
- 4,038
- 3,271
- Operating Profit
- 802
- OPM %
- 20
- Other Income
- 35
- Interest
- 7
- Depreciation
- 119
- 680
- Tax %
- 36
- Net Profit
- 436
- EPS
- 146
- Dividend Payout %
- 10
- Minority Interest
- -4
- Share of Associates
- 0
- Adjusted EPS
- 146
- Minority Interest
- -4
- Share of Associates
- 0
- Adjusted EPS
- 146
Mar 2020
- 4,093
- 3,191
- Operating Profit
- 980
- OPM %
- 24
- Other Income
- 78
- Interest
- 9
- Depreciation
- 130
- 845
- Tax %
- 21
- Net Profit
- 671
- EPS
- 225
- Dividend Payout %
- 12
- Minority Interest
- -4
- Share of Associates
- 0
- Adjusted EPS
- 225
- Minority Interest
- -4
- Share of Associates
- 0
- Adjusted EPS
- 225
Mar 2021
- 3,731
- 2,823
- Operating Profit
- 1,020
- OPM %
- 27
- Other Income
- 111
- Interest
- 9
- Depreciation
- 136
- 882
- Tax %
- 25
- Net Profit
- 660
- EPS
- 221
- Dividend Payout %
- 9
- Minority Interest
- -4
- Share of Associates
- 0
- Adjusted EPS
- 222
- Minority Interest
- -4
- Share of Associates
- 0
- Adjusted EPS
- 222
Mar 2022
- 5,081
- 4,171
- Operating Profit
- 987
- OPM %
- 19
- Other Income
- 78
- Interest
- 9
- Depreciation
- 177
- 810
- Tax %
- 25
- Net Profit
- 605
- EPS
- 204
- Dividend Payout %
- 12
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 204
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 204
Mar 2023
- 5,428
- 4,653
- Operating Profit
- 890
- OPM %
- 16
- Other Income
- 115
- Interest
- 8
- Depreciation
- 198
- 688
- Tax %
- 26
- Net Profit
- 507
- EPS
- 174
- Dividend Payout %
- 19
- Minority Interest
- 7
- Share of Associates
- 0
- Adjusted EPS
- 174
- Minority Interest
- 7
- Share of Associates
- 0
- Adjusted EPS
- 174
Mar 2024
- 4,726
- 4,092
- Operating Profit
- 695
- OPM %
- 15
- Other Income
- 61
- Interest
- 11
- Depreciation
- 243
- 451
- Tax %
- 28
- Net Profit
- 324
- EPS
- 110
- Dividend Payout %
- 18
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 110
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 110
Mar 2025
- 5,583
- 4,670
- Operating Profit
- 1,022
- OPM %
- 18
- Other Income
- 109
- Interest
- 24
- Depreciation
- 317
- 692
- Tax %
- 28
- Net Profit
- 499
- EPS
- 164
- Dividend Payout %
- 15
- Minority Interest
- -15
- Share of Associates
- 0
- Adjusted EPS
- 164
- Minority Interest
- -15
- Share of Associates
- 0
- Adjusted EPS
- 164
Mar 2026
- 6,274
- 5,243
- Operating Profit
- 1,234
- OPM %
- 20
- Other Income
- 204
- Interest
- 17
- Depreciation
- 322
- 900
- Tax %
- 23
- Net Profit
- 689
- EPS
- 230
- Dividend Payout %
- 13
- Minority Interest
- -11
- Share of Associates
- 0
- Adjusted EPS
- 230
- Minority Interest
- -11
- Share of Associates
- 0
- Adjusted EPS
- 230
TTM
- 6,643
- 5,537
- Operating Profit
- —
- OPM %
- —
- Other Income
- 210
- Interest
- 17
- Depreciation
- 318
- 1,066
- Tax %
- 24
- Net Profit
- 806
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 9
- Share of Associates
- 7
- Adjusted EPS
- —
- Minority Interest
- 9
- Share of Associates
- 7
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 9%
- 5 Years:
- 11%
- 3 Years:
- 5%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 9%
- 5 Years:
- 1%
- 3 Years:
- 10%
STOCK PRICE CAGR
- 10 Years:
- 12%
- 5 Years:
- -7%
- 3 Years:
- -1%
- 1 Year:
- 2%
RETURN ON EQUITY
- 10 Years:
- 14%
- 5 Years:
- 11%
- 3 Years:
- 9%
- Last Year:
- 12%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 29 | 29 | 29 |
| 1,936 | 2,214 | 2,676 | 3,125 | 3,797 | 4,399 | 4,642 | 5,085 | 5,569 | 6,192 | |
| 167 | 16 | 12 | 22 | 28 | 77 | 18 | 18 | 11 | 6 | |
| Trade Payables | 337 | 459 | 380 | 478 | 563 | 635 | 539 | 579 | 615 | 852 |
| 341 | 393 | 698 | 702 | 718 | 762 | 711 | 868 | 910 | 951 | |
| Total Liabilities | 2,812 | 3,112 | 3,795 | 4,356 | 5,136 | 5,903 | 5,940 | 6,580 | 7,135 | 8,031 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 1,032 | 1,036 | 1,114 | 1,122 | 1,415 | 1,631 | 1,766 | 2,789 | 2,844 | 2,673 | |
| Capital Work in Progress | 59 | 96 | 172 | 368 | 250 | 420 | 1,033 | 281 | 124 | 110 |
| 429 | 470 | 752 | 1,137 | 1,361 | 1,339 | 881 | 1,392 | 1,766 | 2,592 | |
| 419 | 411 | 512 | 503 | 594 | 864 | 789 | 618 | 729 | 815 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 927 | 1,126 | 1,271 | |
| Cash & Bank | 28 | 49 | 54 | 35 | 348 | 69 | 52 | 72 | 65 | 95 |
| 844 | 1,050 | 1,190 | 1,191 | 1,168 | 1,580 | 1,418 | 501 | 480 | 476 | |
| Total Assets | 2,812 | 3,112 | 3,795 | 4,356 | 5,136 | 5,903 | 5,940 | 6,580 | 7,135 | 8,031 |
| Total Debt | 168 | 16 | 55 | 108 | 127 | 138 | 47 | 232 | 198 | 180 |
| Net Working Capital | 539 | 787 | 1,085 | 1,350 | 1,758 | 1,690 | 1,251 | 1,387 | 2,061 | 2,934 |
| Contingent Liabilities | 112 | 116 | 120 | 115 | 118 | 173 | 72 | 267 | 162 | 163 |
| Book Value per Share | 662.82 | 756.54 | 912.24 | 1063.68 | 1293.17 | 1496.77 | 1582.98 | 1737.20 | 1901.67 | 2113.43 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 168 | 16 | 55 | 108 | 127 | 138 | 47 | 232 | 198 | 180 |
| Net Working Capital | 539 | 787 | 1,085 | 1,350 | 1,758 | 1,690 | 1,251 | 1,387 | 2,061 | 2,934 |
| Contingent Liabilities | 112 | 116 | 120 | 115 | 118 | 173 | 72 | 267 | 162 | 163 |
| Book Value per Share | 662.82 | 756.54 | 912.24 | 1063.68 | 1293.17 | 1496.77 | 1582.98 | 1737.20 | 1901.67 | 2113.43 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2017
- Equity Capital
- 30
- 1,936
- 167
- Trade Payables
- 337
- 341
- Total Liabilities
- 2,812
- 1,032
- Capital Work in Progress
- 59
- 429
- 419
- 0
- Cash & Bank
- 28
- 844
- Total Assets
- 2,812
- Total Debt
- 168
- Net Working Capital
- 539
- Contingent Liabilities
- 112
- Book Value per Share
- 662.82
- Face Value
- 10.00
- Total Debt
- 168
- Net Working Capital
- 539
- Contingent Liabilities
- 112
- Book Value per Share
- 662.82
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 30
- 2,214
- 16
- Trade Payables
- 459
- 393
- Total Liabilities
- 3,112
- 1,036
- Capital Work in Progress
- 96
- 470
- 411
- 0
- Cash & Bank
- 49
- 1,050
- Total Assets
- 3,112
- Total Debt
- 16
- Net Working Capital
- 787
- Contingent Liabilities
- 116
- Book Value per Share
- 756.54
- Face Value
- 10.00
- Total Debt
- 16
- Net Working Capital
- 787
- Contingent Liabilities
- 116
- Book Value per Share
- 756.54
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 30
- 2,676
- 12
- Trade Payables
- 380
- 698
- Total Liabilities
- 3,795
- 1,114
- Capital Work in Progress
- 172
- 752
- 512
- 0
- Cash & Bank
- 54
- 1,190
- Total Assets
- 3,795
- Total Debt
- 55
- Net Working Capital
- 1,085
- Contingent Liabilities
- 120
- Book Value per Share
- 912.24
- Face Value
- 10.00
- Total Debt
- 55
- Net Working Capital
- 1,085
- Contingent Liabilities
- 120
- Book Value per Share
- 912.24
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 30
- 3,125
- 22
- Trade Payables
- 478
- 702
- Total Liabilities
- 4,356
- 1,122
- Capital Work in Progress
- 368
- 1,137
- 503
- 0
- Cash & Bank
- 35
- 1,191
- Total Assets
- 4,356
- Total Debt
- 108
- Net Working Capital
- 1,350
- Contingent Liabilities
- 115
- Book Value per Share
- 1063.68
- Face Value
- 10.00
- Total Debt
- 108
- Net Working Capital
- 1,350
- Contingent Liabilities
- 115
- Book Value per Share
- 1063.68
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 30
- 3,797
- 28
- Trade Payables
- 563
- 718
- Total Liabilities
- 5,136
- 1,415
- Capital Work in Progress
- 250
- 1,361
- 594
- 0
- Cash & Bank
- 348
- 1,168
- Total Assets
- 5,136
- Total Debt
- 127
- Net Working Capital
- 1,758
- Contingent Liabilities
- 118
- Book Value per Share
- 1293.17
- Face Value
- 10.00
- Total Debt
- 127
- Net Working Capital
- 1,758
- Contingent Liabilities
- 118
- Book Value per Share
- 1293.17
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 30
- 4,399
- 77
- Trade Payables
- 635
- 762
- Total Liabilities
- 5,903
- 1,631
- Capital Work in Progress
- 420
- 1,339
- 864
- 0
- Cash & Bank
- 69
- 1,580
- Total Assets
- 5,903
- Total Debt
- 138
- Net Working Capital
- 1,690
- Contingent Liabilities
- 173
- Book Value per Share
- 1496.77
- Face Value
- 10.00
- Total Debt
- 138
- Net Working Capital
- 1,690
- Contingent Liabilities
- 173
- Book Value per Share
- 1496.77
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 30
- 4,642
- 18
- Trade Payables
- 539
- 711
- Total Liabilities
- 5,940
- 1,766
- Capital Work in Progress
- 1,033
- 881
- 789
- 0
- Cash & Bank
- 52
- 1,418
- Total Assets
- 5,940
- Total Debt
- 47
- Net Working Capital
- 1,251
- Contingent Liabilities
- 72
- Book Value per Share
- 1582.98
- Face Value
- 10.00
- Total Debt
- 47
- Net Working Capital
- 1,251
- Contingent Liabilities
- 72
- Book Value per Share
- 1582.98
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 29
- 5,085
- 18
- Trade Payables
- 579
- 868
- Total Liabilities
- 6,580
- 2,789
- Capital Work in Progress
- 281
- 1,392
- 618
- 927
- Cash & Bank
- 72
- 501
- Total Assets
- 6,580
- Total Debt
- 232
- Net Working Capital
- 1,387
- Contingent Liabilities
- 267
- Book Value per Share
- 1737.20
- Face Value
- 10.00
- Total Debt
- 232
- Net Working Capital
- 1,387
- Contingent Liabilities
- 267
- Book Value per Share
- 1737.20
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 29
- 5,569
- 11
- Trade Payables
- 615
- 910
- Total Liabilities
- 7,135
- 2,844
- Capital Work in Progress
- 124
- 1,766
- 729
- 1,126
- Cash & Bank
- 65
- 480
- Total Assets
- 7,135
- Total Debt
- 198
- Net Working Capital
- 2,061
- Contingent Liabilities
- 162
- Book Value per Share
- 1901.67
- Face Value
- 10.00
- Total Debt
- 198
- Net Working Capital
- 2,061
- Contingent Liabilities
- 162
- Book Value per Share
- 1901.67
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 29
- 6,192
- 6
- Trade Payables
- 852
- 951
- Total Liabilities
- 8,031
- 2,673
- Capital Work in Progress
- 110
- 2,592
- 815
- 1,271
- Cash & Bank
- 95
- 476
- Total Assets
- 8,031
- Total Debt
- 180
- Net Working Capital
- 2,934
- Contingent Liabilities
- 163
- Book Value per Share
- 2113.43
- Face Value
- 10.00
- Total Debt
- 180
- Net Working Capital
- 2,934
- Contingent Liabilities
- 163
- Book Value per Share
- 2113.43
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 392 | 356 | 404 | 881 | 718 | 231 | 707 | 667 | 603 | 1,023 | |
| Cash from Investing | -173 | -130 | -407 | -783 | -646 | -168 | -469 | -683 | -495 | -895 |
| Cash from Financing | -212 | -207 | -1 | -111 | -52 | -57 | -257 | 38 | -118 | -98 |
| 7 | 18 | -5 | -12 | 19 | 6 | -20 | 22 | -10 | 30 | |
| Free Cash Flow | 144 | 208 | 152 | 550 | 439 | -286 | -206 | 176 | 441 | 938 |
| OCF / Net Profit | 1.21 | 1.26 | 0.93 | 1.31 | 1.09 | 0.38 | 1.39 | 2.06 | 1.21 | 1.48 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 1,492 | 1,062 | 648 | 673 | 564 | 1,064 |
| OCF / Net Profit | 1.21 | 1.26 | 0.93 | 1.31 | 1.09 | 0.38 | 1.39 | 2.06 | 1.21 | 1.48 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 1,492 | 1,062 | 648 | 673 | 564 | 1,064 |
Mar 2017
- 392
- Cash from Investing
- -173
- Cash from Financing
- -212
- 7
- Free Cash Flow
- 144
- OCF / Net Profit
- 1.21
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.21
- Cumulative 5-Year FCF
- 0
Mar 2018
- 356
- Cash from Investing
- -130
- Cash from Financing
- -207
- 18
- Free Cash Flow
- 208
- OCF / Net Profit
- 1.26
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.26
- Cumulative 5-Year FCF
- 0
Mar 2019
- 404
- Cash from Investing
- -407
- Cash from Financing
- -1
- -5
- Free Cash Flow
- 152
- OCF / Net Profit
- 0.93
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.93
- Cumulative 5-Year FCF
- 0
Mar 2020
- 881
- Cash from Investing
- -783
- Cash from Financing
- -111
- -12
- Free Cash Flow
- 550
- OCF / Net Profit
- 1.31
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.31
- Cumulative 5-Year FCF
- 0
Mar 2021
- 718
- Cash from Investing
- -646
- Cash from Financing
- -52
- 19
- Free Cash Flow
- 439
- OCF / Net Profit
- 1.09
- Cumulative 5-Year FCF
- 1,492
- OCF / Net Profit
- 1.09
- Cumulative 5-Year FCF
- 1,492
Mar 2022
- 231
- Cash from Investing
- -168
- Cash from Financing
- -57
- 6
- Free Cash Flow
- -286
- OCF / Net Profit
- 0.38
- Cumulative 5-Year FCF
- 1,062
- OCF / Net Profit
- 0.38
- Cumulative 5-Year FCF
- 1,062
Mar 2023
- 707
- Cash from Investing
- -469
- Cash from Financing
- -257
- -20
- Free Cash Flow
- -206
- OCF / Net Profit
- 1.39
- Cumulative 5-Year FCF
- 648
- OCF / Net Profit
- 1.39
- Cumulative 5-Year FCF
- 648
Mar 2024
- 667
- Cash from Investing
- -683
- Cash from Financing
- 38
- 22
- Free Cash Flow
- 176
- OCF / Net Profit
- 2.06
- Cumulative 5-Year FCF
- 673
- OCF / Net Profit
- 2.06
- Cumulative 5-Year FCF
- 673
Mar 2025
- 603
- Cash from Investing
- -495
- Cash from Financing
- -118
- -10
- Free Cash Flow
- 441
- OCF / Net Profit
- 1.21
- Cumulative 5-Year FCF
- 564
- OCF / Net Profit
- 1.21
- Cumulative 5-Year FCF
- 564
Mar 2026
- 1,023
- Cash from Investing
- -895
- Cash from Financing
- -98
- 30
- Free Cash Flow
- 938
- OCF / Net Profit
- 1.48
- Cumulative 5-Year FCF
- 1,064
- OCF / Net Profit
- 1.48
- Cumulative 5-Year FCF
- 1,064
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 108.89 | 93.22 | 145.73 | 224.70 | 221.62 | 204.21 | 174.21 | 109.72 | 164.38 | 230.26 |
| Book Value (₹) | 662.82 | 756.54 | 912.24 | 1063.68 | 1293.17 | 1496.77 | 1582.98 | 1737.20 | 1901.67 | 2113.43 |
| Dividend per Share (₹) | 10.00 | 12.00 | 15.00 | 27.50 | 20.00 | 25.00 | 32.50 | 20.00 | 25.00 | 30.00 |
| Cash EPS (₹) | 141.20 | 132.04 | 187.10 | 270.10 | 269.12 | 264.09 | 238.71 | 192.60 | 277.06 | 343.59 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 18.76% | 15.91% | 19.85% | 23.94% | 27.11% | 19.18% | 16.13% | 13.18% | 15.99% | 16.00% |
| Net Margin % | 10.79% | 8.43% | 10.80% | 16.39% | 17.54% | 11.75% | 9.18% | 6.74% | 8.73% | 10.71% |
| ROE % | 18.06% | 13.36% | 17.62% | 22.90% | 18.91% | 14.65% | 11.13% | 6.62% | 9.31% | 11.66% |
| ROCE % | 23.19% | 19.34% | 27.40% | 28.38% | 24.69% | 19.22% | 14.99% | 9.17% | 12.86% | 15.05% |
| 12.25% | 9.50% | 12.63% | 16.46% | 13.91% | 10.96% | 8.56% | 5.18% | 7.27% | 9.09% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 58 | 68 | 64 | 63 | 70 | 61 | 61 | 67 | 66 | 68 |
| Inventory Days | 52 | 45 | 42 | 45 | 53 | 52 | 55 | 53 | 43 | 44 |
| Payable Days | 83 | 81 | 73 | 79 | 112 | 84 | 75 | 81 | 79 | 81 |
| 27 | 33 | 33 | 29 | 12 | 28 | 41 | 39 | 29 | 31 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.09x | 0.01x | 0.02x | 0.03x | 0.03x | 0.03x | 0.01x | 0.05x | 0.04x | 0.03x |
| Interest Coverage (x) | 18.72x | 33.36x | 92.81x | 90.94x | 95.30x | 89.30x | 88.07x | 41.67x | 29.88x | 52.66x |
| 1.80x | 2.17x | 2.31x | 2.43x | 2.75x | 2.40x | 2.22x | 2.38x | 2.99x | 3.29x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 9.22% | 16.30% | 22.51% | 1.37% | -8.83% | 36.16% | 6.82% | -12.93% | 18.15% | 12.36% |
| Operating Profit Growth % | 13.85% | -5.50% | 50.94% | 22.26% | 4.09% | -3.20% | -9.90% | -21.90% | 47.07% | 20.71% |
| Net Profit Growth % | 17.89% | -13.02% | 57.40% | 53.87% | -0.89% | -8.38% | -16.22% | -36.02% | 53.90% | 38.20% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -37.02% | 49.81% | 40.08% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 52.30x | 37.31x | 27.68x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 3.30x | 3.23x | 3.02x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.35% | 0.41% | 0.47% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 24.54x | 17.80x | 15.28x |
Mar 2017
- EPS (₹)
- 108.89
- Book Value (₹)
- 662.82
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 141.20
- Operating Margin %
- 18.76%
- Net Margin %
- 10.79%
- ROE %
- 18.06%
- ROCE %
- 23.19%
- 12.25%
- Debtor Days
- 58
- Inventory Days
- 52
- Payable Days
- 83
- 27
- Debt to Equity (x)
- 0.09x
- Interest Coverage (x)
- 18.72x
- 1.80x
- Revenue Growth %
- 9.22%
- Operating Profit Growth %
- 13.85%
- Net Profit Growth %
- 17.89%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 93.22
- Book Value (₹)
- 756.54
- Dividend per Share (₹)
- 12.00
- Cash EPS (₹)
- 132.04
- Operating Margin %
- 15.91%
- Net Margin %
- 8.43%
- ROE %
- 13.36%
- ROCE %
- 19.34%
- 9.50%
- Debtor Days
- 68
- Inventory Days
- 45
- Payable Days
- 81
- 33
- Debt to Equity (x)
- 0.01x
- Interest Coverage (x)
- 33.36x
- 2.17x
- Revenue Growth %
- 16.30%
- Operating Profit Growth %
- -5.50%
- Net Profit Growth %
- -13.02%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 145.73
- Book Value (₹)
- 912.24
- Dividend per Share (₹)
- 15.00
- Cash EPS (₹)
- 187.10
- Operating Margin %
- 19.85%
- Net Margin %
- 10.80%
- ROE %
- 17.62%
- ROCE %
- 27.40%
- 12.63%
- Debtor Days
- 64
- Inventory Days
- 42
- Payable Days
- 73
- 33
- Debt to Equity (x)
- 0.02x
- Interest Coverage (x)
- 92.81x
- 2.31x
- Revenue Growth %
- 22.51%
- Operating Profit Growth %
- 50.94%
- Net Profit Growth %
- 57.40%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 224.70
- Book Value (₹)
- 1063.68
- Dividend per Share (₹)
- 27.50
- Cash EPS (₹)
- 270.10
- Operating Margin %
- 23.94%
- Net Margin %
- 16.39%
- ROE %
- 22.90%
- ROCE %
- 28.38%
- 16.46%
- Debtor Days
- 63
- Inventory Days
- 45
- Payable Days
- 79
- 29
- Debt to Equity (x)
- 0.03x
- Interest Coverage (x)
- 90.94x
- 2.43x
- Revenue Growth %
- 1.37%
- Operating Profit Growth %
- 22.26%
- Net Profit Growth %
- 53.87%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 221.62
- Book Value (₹)
- 1293.17
- Dividend per Share (₹)
- 20.00
- Cash EPS (₹)
- 269.12
- Operating Margin %
- 27.11%
- Net Margin %
- 17.54%
- ROE %
- 18.91%
- ROCE %
- 24.69%
- 13.91%
- Debtor Days
- 70
- Inventory Days
- 53
- Payable Days
- 112
- 12
- Debt to Equity (x)
- 0.03x
- Interest Coverage (x)
- 95.30x
- 2.75x
- Revenue Growth %
- -8.83%
- Operating Profit Growth %
- 4.09%
- Net Profit Growth %
- -0.89%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 204.21
- Book Value (₹)
- 1496.77
- Dividend per Share (₹)
- 25.00
- Cash EPS (₹)
- 264.09
- Operating Margin %
- 19.18%
- Net Margin %
- 11.75%
- ROE %
- 14.65%
- ROCE %
- 19.22%
- 10.96%
- Debtor Days
- 61
- Inventory Days
- 52
- Payable Days
- 84
- 28
- Debt to Equity (x)
- 0.03x
- Interest Coverage (x)
- 89.30x
- 2.40x
- Revenue Growth %
- 36.16%
- Operating Profit Growth %
- -3.20%
- Net Profit Growth %
- -8.38%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 174.21
- Book Value (₹)
- 1582.98
- Dividend per Share (₹)
- 32.50
- Cash EPS (₹)
- 238.71
- Operating Margin %
- 16.13%
- Net Margin %
- 9.18%
- ROE %
- 11.13%
- ROCE %
- 14.99%
- 8.56%
- Debtor Days
- 61
- Inventory Days
- 55
- Payable Days
- 75
- 41
- Debt to Equity (x)
- 0.01x
- Interest Coverage (x)
- 88.07x
- 2.22x
- Revenue Growth %
- 6.82%
- Operating Profit Growth %
- -9.90%
- Net Profit Growth %
- -16.22%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 109.72
- Book Value (₹)
- 1737.20
- Dividend per Share (₹)
- 20.00
- Cash EPS (₹)
- 192.60
- Operating Margin %
- 13.18%
- Net Margin %
- 6.74%
- ROE %
- 6.62%
- ROCE %
- 9.17%
- 5.18%
- Debtor Days
- 67
- Inventory Days
- 53
- Payable Days
- 81
- 39
- Debt to Equity (x)
- 0.05x
- Interest Coverage (x)
- 41.67x
- 2.38x
- Revenue Growth %
- -12.93%
- Operating Profit Growth %
- -21.90%
- Net Profit Growth %
- -36.02%
- -37.02%
- P/E (x)
- 52.30x
- P/B (x)
- 3.30x
- Dividend Yield %
- 0.35%
- 24.54x
Mar 2025
- EPS (₹)
- 164.38
- Book Value (₹)
- 1901.67
- Dividend per Share (₹)
- 25.00
- Cash EPS (₹)
- 277.06
- Operating Margin %
- 15.99%
- Net Margin %
- 8.73%
- ROE %
- 9.31%
- ROCE %
- 12.86%
- 7.27%
- Debtor Days
- 66
- Inventory Days
- 43
- Payable Days
- 79
- 29
- Debt to Equity (x)
- 0.04x
- Interest Coverage (x)
- 29.88x
- 2.99x
- Revenue Growth %
- 18.15%
- Operating Profit Growth %
- 47.07%
- Net Profit Growth %
- 53.90%
- 49.81%
- P/E (x)
- 37.31x
- P/B (x)
- 3.23x
- Dividend Yield %
- 0.41%
- 17.80x
Mar 2026
- EPS (₹)
- 230.26
- Book Value (₹)
- 2113.43
- Dividend per Share (₹)
- 30.00
- Cash EPS (₹)
- 343.59
- Operating Margin %
- 16.00%
- Net Margin %
- 10.71%
- ROE %
- 11.66%
- ROCE %
- 15.05%
- 9.09%
- Debtor Days
- 68
- Inventory Days
- 44
- Payable Days
- 81
- 31
- Debt to Equity (x)
- 0.03x
- Interest Coverage (x)
- 52.66x
- 3.29x
- Revenue Growth %
- 12.36%
- Operating Profit Growth %
- 20.71%
- Net Profit Growth %
- 38.20%
- 40.08%
- P/E (x)
- 27.68x
- P/B (x)
- 3.02x
- Dividend Yield %
- 0.47%
- 15.28x
Documents
Announcements
- Copy of Newspaper Publication
2026-08-08 - Atul Limited has informed the Exchange about Copy of Newspaper Publication
- Shareholders meeting
2026-08-06 - Atul Limited has informed the Exchange regarding Notice of Postal Ballot
Annual Reports
Credit Ratings
Nothing filed yet.