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    Atul Limited

    Integrated Indian chemical maker running 8 plants, selling 1,300+ products across 88 countries.

    Chemicals
    Commodities
    ₹6,482
    -3.66% from avg

    Overview

    Price

    ₹6,482

    Market Cap

    ₹19.6k Cr

    Sector

    Chemicals

    Commodities

    Rank

    3

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital3030303029292929
    Reserves3.1k3.8k4.4k4.6k5.1k5.6k5.9k6.2k
    Borrowings10812714452237202186183
    Other Liabilities8809821.1k1.0k1.1k1.2k1.4k1.5k
    Total Liabilities4.1k4.9k5.7k5.8k6.5k7.0k7.5k7.9k
    AssetsFixed Assets1.1k1.4k1.6k1.8k2.8k2.8k2.8k2.7k
    CWIP3682504201.0k281124109110
    Investments1.1k1.4k1.3k8811.4k1.8k2.2k2.6k
    Other Assets1.5k1.9k2.3k2.1k2.0k2.2k2.4k2.5k
    Total Assets4.1k4.9k5.7k5.8k6.5k7.0k7.5k7.9k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating4048817182317076676031.0k
    Cash from Investing-408-782-645-163-469-683-494-891
    Cash from Financing-1-111-52-57-25738-118-98
    SummaryCapital Expenditure
    Free Cash Flow195508396-359-167164334851
    FCF Margin

    Valuation

    Assumptions

    Current — ATUL
    Price
    ₹6,482
    EPS (TTM)
    ₹248.53
    PE (TTM)
    26.1
    Profit growth
    7.3%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (44.8×) and current (26.1×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹6,482
    vs
    Fair value · 15% return
    ₹3,906
    40%Overvalued

    At 7.3% growth and a 26× exit, ₹6482 only delivers your return if you pay ₹3,906. The price is currently baking in 18% growth.

    EPS grows 7.3%/yr for 5 years, then fades to 6% over 2, exits at 26×.

    YearGrowthEPS (₹)
    FY277.3%266.67
    FY287.3%286.14
    FY297.3%307.03
    FY307.3%329.44
    FY317.3%353.49
    FY326.7% ·fade377.00
    FY336.0% ·fade399.62

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Atul Limited

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