Atul Limited (ATUL) AI Stock Analysis

• Market Cap: ₹167.42B
• Dividend Yield: 0.44%
• Average Volume (3M): 1.78K
• Price to Earnings (P/E): 30.9
• Beta (1Y): 0.99
• Revenue Growth: 16.46%
• EPS Growth: 43.59%
• Country: IN
• Employees: 3,255
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals - Specialty
• EPS (TTM): 60.90
• Shares Outstanding: 29,441,755
• 10 Day Avg. Volume: 985
• 30 Day Avg. Volume: 1,778
• PEG Ratio: 0.71
• Price to Book (P/B): 3.06
• Price to Sales (P/S): 3.06
• P/FCF Ratio: 51.37
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 208.35
• Revenue Forecast (FY): ₹63.70B

• Rating: 64 Neutral
• Price Target: ₹6,420.00 ▲(8.28% Upside)

Atul Limited's overall stock score is primarily driven by its strong financial performance, characterized by consistent revenue growth and a robust equity position. However, the technical analysis indicates a bearish trend, and the valuation suggests the stock is relatively expensive, which may limit its attractiveness. The absence of earnings call data and corporate events does not impact the score.

Atul Limited Business Overview & Revenue Model

Company Description

Atul Limited (ATUL) is a prominent Indian chemical manufacturing company that operates in various sectors, including pharmaceuticals, agrochemicals, and specialty chemicals. Established in 1947, the company is known for its diverse product portfolio, which includes chemicals for textiles, dyes, pigments, and pharmaceuticals. Atul Limited prides itself on its commitment to research and development, innovation, and sustainable practices, positioning itself as a key player in the Indian and global chemical industries.

How the Company Makes Money

Atul Limited generates revenue through multiple streams, primarily by manufacturing and selling a wide range of chemical products across different sectors. The company produces specialty chemicals, pharmaceuticals, and agrochemicals, which are sold to various industries, including textile, agriculture, and healthcare. Key revenue streams include the sale of bulk chemicals and intermediates, as well as customized products designed to meet specific customer needs. Atul also engages in strategic partnerships and collaborations with other firms to enhance its product offerings and market reach. Additionally, the company invests in research and development to innovate and improve its product lines, which helps to maintain competitiveness and drive sales growth.

Atul Limited Financial Statement Overview

Summary

Atul Limited demonstrates solid financial health with consistent revenue growth and a 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	57.39B	55.83B	47.26B	54.28B	50.81B	37.31B
Gross Profit	20.34B	20.08B	15.15B	24.29B	23.52B	19.26B
EBITDA	9.03B	9.17B	6.35B	8.10B	9.15B	9.18B
Net Income	5.00B	4.84B	3.23B	5.14B	6.04B	6.56B
Balance Sheet
Total Assets	0.00	70.01B	64.76B	57.68B	57.06B	49.37B
Cash, Cash Equivalents and Short-Term Investments	8.78B	8.81B	4.96B	2.39B	6.16B	10.86B
Total Debt	0.00	2.02B	2.37B	522.40M	1.44B	1.33B
Total Liabilities	-56.62B	13.39B	13.13B	10.49B	12.47B	10.80B
Stockholders Equity	56.62B	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: 5928.90
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 5928.9 is above the 20-day moving average (MA) of 5880.21, below the 50-day MA of 6123.05, and below the 200-day MA of 6380.14, indicating a bearish trend. The MACD of -99.49 indicates Positive momentum. The RSI at 34.03 is Neutral, neither overbought nor oversold. The STOCH value of 20.40 is Neutral, 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
ATUL	64 Neutral	₹167.42B	30.88	―	0.44%	16.46%	43.59%
DCMSHRIRAM	64 Neutral	₹194.71B	27.33	―	1.01%	13.39%	36.62%
AARTIIND	62 Neutral	₹139.76B	58.96	―	0.25%	8.26%	-34.62%
PRIVISCL	62 Neutral	₹116.50B	43.66	―	0.15%	24.25%	96.45%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
BASF	60 Neutral	₹192.55B	48.64	―	0.45%	5.63%	-41.01%
SUDARSCHEM	49 Neutral	₹91.25B	117.51	―	0.42%	103.52%	-42.97%