About
Atul Ltd manufactures and sells chemicals and other chemical products worldwide. It operates in two segments: Life Science Chemicals and Performance and Other Chemicals. The company offers aromatics, such as 2 nitro para cresol, 2-methylcyclohexyl acetate, allyl caproate and heptanoate, ambrettolide, anethole, cresol mixture, manganese sulphate monohydrate, ortho cresol and methoxy toluene, phenyl acetic acid, skatole, and sodium sulfite and sulphate, as well as anisic aldehyde, anisyl acetate and alcohol, anisyl propanal, cresidine, cresol, cresyl acetate and methyl ether, methoxy phenyl acetic acid, and aceto nitrile; and bulk chemicals and intermediates, including 1,3-cyclohexanedione, 2-methylresorcinol, 4-chlororesorcinol, anisole, caustic soda lye, chlorosulphonic and hydrochloric acid, gypsum, hydrogen gas, liquid chlorine, liquid sulphur dioxide and trioxide, oleum, resoform, resorcinol, resorcinol dimethyl ether, sodium hypochlorite, sodium sulphite, and sulphuric acid. It also provides colors; biostimulants; fungicides, herbicides, and insecticides; amino acid derivatives, active pharmaceutical ingredients (API), API intermediates, and phosgene derivatives; and epoxy resins, curing agents, reactive diluents, accelerators and catalysts, formulations, and sulfones. In addition, the company produces tissue culture raised oil and date palm plants, as well as engages in crop protection retail and polymers retail operations. It serves various industries, such as adhesives, agriculture, animal feed, aerospace and defense, automotive, composites, construction, electrical and electronics, food and beverage packaging, marine, paint and coatings, sport and leisure, transport, wind energy, cosmetics, dyestuff, flavor, footwear, fragrance, glass, home care, horticulture, hospitality, paper, personal care, pharmaceutical, plastic, polymer, rubber, soap and detergent, textile, and tire. Atul Ltd was incorporated in 1947 and is headquartered in Valsad, India.
Key Metrics
as of Sep 2026Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,848.00 | 1,670.00 | 1,574.00 | 1,552.00 | 1,478.00 | 1,452.00 | 1,417.00 | 1,393.00 | 1,322.00 | 1,212.00 | 1,138.00 | 1,194.00 | 1,182.00 |
| Expenses | 1,454.00 | 1,389.00 | 1,327.00 | 1,284.00 | 1,242.00 | 1,229.00 | 1,193.00 | 1,150.00 | 1,099.00 | 1,065.00 | 986.00 | 1,039.00 | 1,000.00 |
| Operating Profit | 394.00 | 281.00 | 247.00 | 267.00 | 236.00 | 223.00 | 224.00 | 243.00 | 223.00 | 148.00 | 152.00 | 155.00 | 182.00 |
| OPM % | 21.00 | 17.00 | 16.00 | 17.00 | 16.00 | 15.00 | 16.00 | 17.00 | 17.00 | 12.00 | 13.00 | 13.00 | 15.00 |
| Other Income | 35.00 | 92.00 | 40.00 | 50.00 | 28.00 | 50.00 | 19.00 | 35.00 | 16.00 | 16.00 | 17.00 | 24.00 | 10.00 |
| Depreciation | 78.00 | 79.00 | 80.00 | 81.00 | 82.00 | 82.00 | 81.00 | 78.00 | 77.00 | 76.00 | 61.00 | 54.00 | 52.00 |
| Interest | 4.00 | 4.00 | 4.00 | 5.00 | 5.00 | 5.00 | 4.00 | 9.00 | 5.00 | 5.00 | 2.00 | 2.00 | 2.00 |
| Profit before tax | 347.00 | 289.00 | 203.00 | 231.00 | 177.00 | 186.00 | 158.00 | 191.00 | 158.00 | 83.00 | 105.00 | 124.00 | 138.00 |
| Tax % | 27.00 | 27.00 | 20.00 | 21.00 | 25.00 | 30.00 | 26.00 | 27.00 | 29.00 | 29.00 | 32.00 | 26.00 | 26.00 |
| Net Profit | 254.00 | 211.00 | 164.00 | 182.00 | 132.00 | 130.00 | 117.00 | 140.00 | 112.00 | 59.00 | 72.00 | 91.00 | 102.00 |
| EPS in Rs | 83.32 | 71.38 | 54.60 | 60.88 | 43.40 | 42.97 | 36.93 | 46.47 | 38.00 | 19.84 | 24.04 | 30.60 | 35.02 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 6,274.00 | 5,583.00 | 4,726.00 | 5,428.00 | 5,081.00 | 3,731.00 | 4,093.00 | 4,038.00 | 3,514.00 | 2,834.00 | 2,595.00 | 2,637.00 |
| Expenses | 5,240.00 | 4,665.00 | 4,086.00 | 4,620.00 | 4,168.00 | 2,813.00 | 3,191.00 | 3,270.00 | 3,008.00 | 2,324.00 | 2,134.00 | 2,235.00 |
| Operating Profit | 1,034.00 | 918.00 | 639.00 | 807.00 | 913.00 | 918.00 | 902.00 | 768.00 | 505.00 | 510.00 | 461.00 | 402.00 |
| OPM % | 16.00 | 16.00 | 14.00 | 15.00 | 18.00 | 25.00 | 22.00 | 19.00 | 14.00 | 18.00 | 18.00 | 15.00 |
| Other Income | 206.00 | 115.00 | 65.00 | 86.00 | 82.00 | 109.00 | 83.00 | 38.00 | 30.00 | 57.00 | 37.00 | 9.00 |
| Interest | 17.00 | 24.00 | 11.00 | 8.00 | 9.00 | 9.00 | 9.00 | 7.00 | 13.00 | 25.00 | 28.00 | 26.00 |
| Depreciation | 322.00 | 317.00 | 243.00 | 198.00 | 177.00 | 136.00 | 130.00 | 119.00 | 110.00 | 95.00 | 66.00 | 60.00 |
| Profit before tax | 900.00 | 692.00 | 451.00 | 688.00 | 810.00 | 882.00 | 845.00 | 680.00 | 412.00 | 446.00 | 404.00 | 326.00 |
| Tax % | 23.00 | 28.00 | 28.00 | 26.00 | 25.00 | 25.00 | 21.00 | 36.00 | 32.00 | 28.00 | 32.00 | 31.00 |
| Net Profit | 689.00 | 499.00 | 324.00 | 507.00 | 605.00 | 660.00 | 671.00 | 436.00 | 281.00 | 323.00 | 274.00 | 240.00 |
| EPS in Rs | 230.25 | 164.37 | 109.71 | 174.19 | 204.23 | 221.64 | 224.69 | 145.72 | 93.21 | 108.88 | 92.44 | 81.13 |
| Dividend Payout % | 13.00 | 15.00 | 18.00 | 19.00 | 12.00 | 9.00 | 12.00 | 10.00 | 13.00 | 9.00 | 9.00 | 10.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 29.00 | 29.00 | 29.00 | 30.00 | 30.00 | 30.00 | 30.00 | 30.00 | 30.00 | 30.00 | 30.00 | 30.00 |
| Reserves | 6,192.00 | 5,569.00 | 5,085.00 | 4,642.00 | 4,399.00 | 3,797.00 | 3,125.00 | 2,676.00 | 2,214.00 | 1,936.00 | 1,585.00 | 1,009.00 |
| Borrowings | 183.00 | 202.00 | 237.00 | 52.00 | 144.00 | 127.00 | 108.00 | 55.00 | 16.00 | 168.00 | 316.00 | 299.00 |
| Other Liabilities | 1,465.00 | 1,179.00 | 1,104.00 | 1,028.00 | 1,117.00 | 982.00 | 880.00 | 783.00 | 749.00 | 591.00 | 535.00 | 485.00 |
| Total Liabilities | 7,870.00 | 6,980.00 | 6,455.00 | 5,752.00 | 5,690.00 | 4,935.00 | 4,144.00 | 3,543.00 | 3,009.00 | 2,724.00 | 2,465.00 | 1,823.00 |
| Fixed Assets | 2,676.00 | 2,847.00 | 2,792.00 | 1,770.00 | 1,634.00 | 1,418.00 | 1,125.00 | 1,104.00 | 1,027.00 | 1,026.00 | 750.00 | 514.00 |
| CWIP | 110.00 | 124.00 | 281.00 | 1,033.00 | 420.00 | 250.00 | 368.00 | 172.00 | 96.00 | 59.00 | 180.00 | 112.00 |
| Investments | 2,592.00 | 1,766.00 | 1,392.00 | 881.00 | 1,339.00 | 1,361.00 | 1,137.00 | 752.00 | 470.00 | 429.00 | 382.00 | 66.00 |
| Other Assets | 2,492.00 | 2,242.00 | 1,990.00 | 2,068.00 | 2,297.00 | 1,906.00 | 1,513.00 | 1,515.00 | 1,415.00 | 1,210.00 | 1,154.00 | 1,131.00 |
| Total Assets | 7,870.00 | 6,980.00 | 6,455.00 | 5,752.00 | 5,690.00 | 4,935.00 | 4,144.00 | 3,543.00 | 3,009.00 | 2,724.00 | 2,465.00 | 1,823.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 1,023.00 | 603.00 | 667.00 | 707.00 | 231.00 | 718.00 | 881.00 | 404.00 | 356.00 | 392.00 | 401.00 | 306.00 |
| Cash from Investing Activity | -891.00 | -494.00 | -683.00 | -469.00 | -163.00 | -645.00 | -782.00 | -408.00 | -129.00 | -175.00 | -375.00 | -167.00 |
| Cash from Financing Activity | -98.00 | -118.00 | 38.00 | -257.00 | -57.00 | -52.00 | -111.00 | -1.00 | -207.00 | -212.00 | -39.00 | -124.00 |
| Net Cash Flow | 34.00 | -9.00 | 22.00 | -20.00 | 11.00 | 21.00 | -11.00 | -5.00 | 19.00 | 5.00 | -13.00 | 16.00 |
| Free Cash Flow | 851.00 | 334.00 | 164.00 | -167.00 | -359.00 | 396.00 | 508.00 | 195.00 | 213.00 | 180.00 | 31.00 | 111.00 |
| CFO/OP % | 113.00 | 82.00 | 121.00 | 112.00 | 47.00 | 100.00 | 122.00 | 86.00 | 91.00 | 93.00 | 111.00 | 95.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 74.00 | 74.00 | 72.00 | 57.00 | 71.00 | 72.00 | 64.00 | 63.00 | 75.00 | 67.00 | 62.00 | 61.00 |
| Inventory Days | 90.00 | 97.00 | 90.00 | 101.00 | 122.00 | 128.00 | 93.00 | 89.00 | 83.00 | 107.00 | 118.00 | 105.00 |
| Days Payable | 94.00 | 82.00 | 84.00 | 69.00 | 90.00 | 121.00 | 88.00 | 66.00 | 93.00 | 86.00 | 87.00 | 69.00 |
| Cash Conversion Cycle | 70.00 | 89.00 | 77.00 | 89.00 | 103.00 | 78.00 | 69.00 | 86.00 | 66.00 | 88.00 | 93.00 | 97.00 |
| Working Capital Days | 69.00 | 77.00 | 69.00 | 68.00 | 77.00 | 65.00 | 59.00 | 74.00 | 76.00 | 65.00 | 46.00 | 50.00 |
| ROCE % | 15.00 | 13.00 | 9.00 | 15.00 | 19.00 | 24.00 | 28.00 | 27.00 | 19.00 | 23.00 | 26.00 | 26.00 |
Corporate Actions
28 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 17 Jul 2026 | 17 Jul 2026 | — | 30.00 | |
| Dividend | 11 Jul 2025 | 11 Jul 2025 | — | 25.00 | |
| Dividend | 12 Jul 2024 | — | — | 20.00 | |
| Other | 20 Nov 2023 | 20 Nov 2023 | — | — | Buy Back of Shares |
| Other | 20 Nov 2023 | 20 Nov 2023 | — | — | Buy Back |
| Dividend | 14 Jul 2023 | — | — | 25.00 | |
| Dividend | 02 Nov 2022 | 03 Nov 2022 | — | 7.50 | |
| Dividend | 14 Jul 2022 | — | — | 25.00 | |
| Dividend | 15 Jul 2021 | — | — | 20.00 | |
| Dividend | 18 Mar 2020 | 19 Mar 2020 | — | 15.00 | |
| Dividend | 04 Nov 2019 | 05 Nov 2019 | — | 12.50 | |
| Dividend | 11 Jul 2019 | — | — | 15.00 | |
| Dividend | 12 Jul 2018 | — | — | 12.00 | |
| Other | 12 Jul 2018 | — | — | — | Dividend Rs - 12/- Per Share |
| Dividend | 13 Jul 2017 | — | — | 10.00 | |
| Dividend | 14 Jul 2016 | — | — | 10.00 | |
| Dividend | 18 Jun 2015 | — | — | 8.50 | |
| Dividend | 20 Jun 2014 | — | — | 7.50 | |
| Dividend | 21 Jun 2013 | — | — | 6.00 | |
| Dividend | 21 Jun 2012 | — | — | 4.50 | |
| Dividend | 29 Jun 2011 | — | — | 4.50 | |
| Dividend | 29 Jul 2010 | — | — | 4.00 | |
| Dividend | 29 Jun 2009 | — | — | 3.00 | |
| Dividend | 18 Jul 2008 | — | — | 3.00 | |
| Dividend | 30 Jul 2007 | — | — | 3.00 | |
| Dividend | 29 Jun 2006 | — | — | 3.00 | |
| Other | 29 Jun 2005 | — | — | — | Agm/Div.-Rs.2/- Per Share |
| Dividend | 12 Jun 2001 | — | — | 1.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update1 Oct 2025 from care
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Rating update10 Oct 2024 from care
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Rating update24 Aug 2023 from care
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Rating update3 Aug 2022 from care
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Rating update25 Nov 2021 from care