Atul Limited (ATUL) AI Stock Analysis

• Market Cap: ₹186.90B
• Dividend Yield: 0.39%
• Average Volume (3M): 1.35K
• Price to Earnings (P/E): 37.4
• Beta (1Y): 1.03
• Revenue Growth: 17.95%
• EPS Growth: 50.93%
• Country: IN
• Employees: 3,255
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Chemicals - Specialty
• EPS (TTM): 43.40
• Shares Outstanding: 29,441,755
• 10 Day Avg. Volume: 767
• 30 Day Avg. Volume: 1,349
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹6,985.50
• Price Target Upside: 10.04% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 2

• Rating: 63 Neutral
• Price Target: ₹7,371.00 ▲(16.11% Upside)

The overall stock score is primarily driven by solid financial performance, but is tempered by bearish technical indicators and a high valuation. The company's financial health supports its stability in the chemicals sector, yet technical analysis suggests potential for continued price weakness, while the current valuation raises concerns of overvaluation.

Atul Limited Business Overview & Revenue Model

Company Description

Atul Limited (ATUL) is a diversified Indian chemical company engaged in the manufacturing and marketing of a wide range of products. The company operates across several sectors, including life sciences, performance and other chemicals, polymers, and other industrial chemicals. It caters to a global clientele, providing essential products and solutions to industries such as agriculture, pharmaceuticals, textiles, and personal care.

How the Company Makes Money

Atul Limited generates revenue through the production and sale of chemicals and related products across its various business segments. Key revenue streams include the sale of life science chemicals, which are used in agriculture and pharmaceuticals, and performance and other chemicals for textiles, personal care, and industrial applications. The company also earns income from its polymers and other industrial chemicals division, which supplies essential materials for a variety of industrial processes. Atul Limited's earnings are bolstered by its global distribution network, strong customer relationships, and strategic partnerships with other industrial players. These factors enable the company to maintain a robust presence in both domestic and international markets.

Atul Limited Financial Statement Overview

Summary

Atul Limited demonstrates solid financial health with consistent revenue growth and strong equity position. Margins are largely stable, and the company maintains low leverage. Despite some fluctuations in free cash flow, operational cash flows are strong, supporting the company's growth and stability in the chemicals industry.

Income Statement

Atul Limited has shown strong revenue growth over the years, with a significant 20% increase in 2025. The company maintains healthy gross and EBIT margins, although the net profit margin has seen some fluctuations. EBITDA margin is stable, indicating efficient core operations. However, the decline in gross profit in 2024 is a concern that needs monitoring.

Balance Sheet

The balance sheet is robust with a strong equity base, evidenced by a high equity ratio. The debt-to-equity ratio is low, indicating conservative leverage. Return on equity is steady, suggesting efficient use of shareholder funds. The increasing stockholders' equity over the years is a positive sign of financial health.

Cash Flow

Cash flow from operations remains strong, but there has been volatility in free cash flow, particularly with a negative free cash flow in 2023. The free cash flow to net income ratio is inconsistent, indicating potential challenges in translating earnings into cash. However, operating cash flow to net income ratio remains healthy, showing good cash conversion.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	55.83B	55.83B	46.68B	53.66B	50.16B	36.78B
Gross Profit	19.86B	21.85B	6.87B	10.18B	23.65B	19.28B
EBITDA	9.77B	9.13B	6.95B	8.90B	9.87B	10.20B
Net Income	4.84B	4.84B	3.23B	5.14B	6.04B	6.56B
Balance Sheet
Total Assets	70.01B	70.01B	64.76B	57.68B	57.06B	49.37B
Cash, Cash Equivalents and Short-Term Investments	8.81B	8.81B	4.96B	2.39B	6.16B	10.86B
Total Debt	2.02B	2.02B	2.37B	522.40M	1.44B	1.33B
Total Liabilities	13.39B	13.39B	13.13B	10.49B	12.47B	10.80B
Stockholders Equity	55.99B	55.99B	51.14B	46.71B	44.29B	38.27B
Cash Flow
Free Cash Flow	0.00	3.33B	1.64B	-1.68B	-3.59B	3.95B
Operating Cash Flow	0.00	6.03B	6.67B	7.07B	2.31B	7.18B
Investing Cash Flow	0.00	-4.95B	-6.83B	-4.69B	-1.68B	-6.46B
Financing Cash Flow	0.00	-1.18B	375.40M	-2.57B	-574.40M	-521.90M

Atul Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 6348.15
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ATUL, the sentiment is Negative. The current price of 6348.15 is below the 20-day moving average (MA) of 6641.82, below the 50-day MA of 7038.95, and below the 200-day MA of 6689.21, indicating a bearish trend. The MACD of -174.64 indicates Positive momentum. The RSI at 28.77 is Positive, neither overbought nor oversold. The STOCH value of 6.43 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:ATUL.

Atul Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BASF	69 Neutral	₹196.00B	49.51		0.44%	5.63%	-41.01%
PRIVISCL	66 Neutral	₹95.77B	44.02		0.21%	21.50%	78.82%
DCMSHRIRAM	64 Neutral	₹199.98B	32.39		0.66%	13.11%	25.78%
ATUL	63 Neutral	₹186.90B	37.41		0.39%	17.95%	50.93%
AARTIIND	61 Neutral	₹136.36B	57.53		0.27%	4.09%	-51.04%
SUDARSCHEM	52 Neutral	₹113.49B	64.18		0.32%	31.78%	-84.27%
Sector *	44 Neutral	AU$1.54B	-7.28	-22.62%	4.37%	-3.13%	-36.41%

Atul Limited Corporate Events

Atul Limited Announces Annual Financial Results for 2025

Atul Limited has disclosed its audited standalone and consolidated financial results for the year ending March 31, 2025. The results, approved by the Board of Directors, were published in prominent newspapers. This disclosure highlights the company’s financial performance, indicating its strategic positioning and potential implications for stakeholders.