Atul Ltd
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]
- Market Cap ₹ 18,254 Cr.
- Current Price ₹ 6,200
- High / Low ₹ 8,180 / 4,752
- Stock P/E 43.9
- Book Value ₹ 1,905
- Dividend Yield 0.32 %
- ROCE 8.74 %
- ROE 6.35 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Stock is trading at 3.26 times its book value
- The company has delivered a poor sales growth of 3.20% over past five years.
- Company has a low return on equity of 10.5% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Chemicals Industry: Chemicals
Part of BSE SmallCap BSE 500 BSE Allcap Nifty500 Multicap India Manufacturing 50:30:20 Nifty Smallcap 100
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2,029 | 2,439 | 2,637 | 2,595 | 2,834 | 3,514 | 4,038 | 4,093 | 3,731 | 5,081 | 5,428 | 4,726 | 5,344 | |
1,780 | 2,075 | 2,235 | 2,134 | 2,324 | 3,008 | 3,270 | 3,191 | 2,813 | 4,168 | 4,620 | 4,086 | 4,506 | |
Operating Profit | 249 | 364 | 402 | 461 | 510 | 505 | 768 | 902 | 918 | 913 | 807 | 639 | 838 |
OPM % | 12% | 15% | 15% | 18% | 18% | 14% | 19% | 22% | 25% | 18% | 15% | 14% | 16% |
22 | 36 | 9 | 37 | 57 | 30 | 38 | 83 | 109 | 82 | 86 | 65 | 86 | |
Interest | 33 | 33 | 26 | 28 | 25 | 13 | 7 | 9 | 9 | 9 | 8 | 11 | 24 |
Depreciation | 51 | 58 | 60 | 66 | 95 | 110 | 119 | 130 | 136 | 177 | 198 | 243 | 311 |
Profit before tax | 186 | 308 | 326 | 404 | 446 | 412 | 680 | 845 | 882 | 810 | 688 | 451 | 589 |
Tax % | 31% | 29% | 31% | 32% | 28% | 32% | 36% | 21% | 25% | 25% | 26% | 28% | |
120 | 219 | 240 | 274 | 323 | 281 | 436 | 671 | 660 | 605 | 507 | 324 | 427 | |
EPS in Rs | 40.38 | 73.90 | 81.13 | 92.44 | 108.88 | 93.21 | 145.72 | 224.69 | 221.64 | 204.23 | 174.19 | 109.71 | 141.24 |
Dividend Payout % | 15% | 10% | 10% | 9% | 9% | 13% | 10% | 12% | 9% | 12% | 19% | 18% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 3% |
3 Years: | 8% |
TTM: | 13% |
Compounded Profit Growth | |
---|---|
10 Years: | 4% |
5 Years: | -6% |
3 Years: | -21% |
TTM: | 17% |
Stock Price CAGR | |
---|---|
10 Years: | 18% |
5 Years: | 6% |
3 Years: | -14% |
1 Year: | 5% |
Return on Equity | |
---|---|
10 Years: | 15% |
5 Years: | 14% |
3 Years: | 10% |
Last Year: | 6% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 29 | 29 |
Reserves | 725 | 919 | 1,009 | 1,585 | 1,936 | 2,214 | 2,676 | 3,125 | 3,797 | 4,399 | 4,642 | 5,085 | 5,579 |
370 | 367 | 299 | 316 | 168 | 16 | 55 | 108 | 133 | 144 | 52 | 237 | 217 | |
440 | 502 | 485 | 535 | 591 | 749 | 783 | 880 | 976 | 1,117 | 1,028 | 1,104 | 1,332 | |
Total Liabilities | 1,564 | 1,818 | 1,823 | 2,465 | 2,724 | 3,009 | 3,543 | 4,144 | 4,935 | 5,690 | 5,752 | 6,455 | 7,158 |
506 | 570 | 514 | 750 | 1,026 | 1,027 | 1,104 | 1,110 | 1,418 | 1,634 | 1,770 | 2,792 | 2,816 | |
CWIP | 66 | 59 | 112 | 180 | 59 | 96 | 172 | 368 | 250 | 420 | 1,033 | 281 | 212 |
Investments | 67 | 63 | 66 | 382 | 429 | 470 | 752 | 1,137 | 1,361 | 1,339 | 881 | 1,392 | 1,693 |
925 | 1,126 | 1,131 | 1,154 | 1,210 | 1,415 | 1,515 | 1,528 | 1,906 | 2,297 | 2,068 | 1,990 | 2,437 | |
Total Assets | 1,564 | 1,818 | 1,823 | 2,465 | 2,724 | 3,009 | 3,543 | 4,144 | 4,935 | 5,690 | 5,752 | 6,455 | 7,158 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
187 | 152 | 306 | 401 | 392 | 356 | 404 | 881 | 718 | 231 | 707 | 667 | |
-116 | -83 | -167 | -375 | -175 | -129 | -408 | -782 | -645 | -163 | -469 | -683 | |
-78 | -60 | -124 | -39 | -212 | -207 | -1 | -111 | -52 | -57 | -257 | 38 | |
Net Cash Flow | -6 | 8 | 16 | -13 | 5 | 19 | -5 | -11 | 21 | 11 | -20 | 22 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 63 | 65 | 61 | 62 | 67 | 75 | 63 | 64 | 72 | 71 | 57 | 72 |
Inventory Days | 116 | 119 | 105 | 118 | 107 | 83 | 89 | 93 | 128 | 122 | 101 | 90 |
Days Payable | 92 | 89 | 69 | 87 | 86 | 93 | 66 | 88 | 121 | 90 | 69 | 84 |
Cash Conversion Cycle | 87 | 95 | 97 | 93 | 88 | 66 | 86 | 69 | 78 | 103 | 89 | 77 |
Working Capital Days | 71 | 76 | 75 | 82 | 84 | 78 | 75 | 60 | 68 | 83 | 69 | 70 |
ROCE % | 20% | 28% | 26% | 26% | 23% | 19% | 27% | 28% | 24% | 19% | 15% | 9% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
2d - Scheduled analyst presentation on May 2, 2025; presentation link to be shared prior.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Apr
-
Update On Insurance Claim Of Fire Incident Of April 20, 2022 At Atul Site
1 Apr - Full settlement of insurance claim for fire incident.
-
Imposition Of Damages By Way Of Penalty And Interest On Provident Fund Contributions.
1 Apr - Penalty and interest on provident fund contributions.
-
Announcement under Regulation 30 (LODR)-Retirement
29 Mar - Mr. Baldev Arora to cease as Independent Director.
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from nse
-
Financial Year 2011
from bse
History
The company is a part of Lalbhai Group, one of the oldest business houses in India and the first company in India inaugurated by the first Prime Minister. It was originally promoted by Padma Bhushan late Kasturbhai Lalbhai in 1947 as Atul Products Ltd and was later renamed Atul Ltd in 1996. It has followed the B2B model since inception, it has now also ventured into B2C products. [1] [2]