Atul share price
NSE: ATULBSE: 500027Chemicals & PetrochemicalsSmall Cap
Share price at the NSE close on 30 Oct 2026. Previous close ₹5,146.00.
30 Oct: open ₹5,146.00, high ₹5,146.00, low ₹4,995.00
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹14,805 Cr352nd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 19.18
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 2.25
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.60%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 12.4%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 12.5%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026.
- 0.03
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 70,84053.3% delivered
About Atul
Atul Limited is a Gujarat-based chemical company that makes crop protection chemicals, pharmaceutical ingredients, epoxy resins and hardeners, textile dyes, aromatic chemicals and bulk chemical intermediates.123 Its customers are in agriculture, pharmaceuticals, textiles, paints and coatings, automobiles, aerospace and defence, and personal care.456
The business is reported as 2 segments, Life Science Chemicals and Performance and Other Chemicals, run through 9 businesses: Aromatics, Bulk Chemicals and Intermediates, Colors, Crop Protection Bulk Actives, Crop Protection Retail, Floras, Pharmaceuticals, Polymers Performance Materials and Polymers Retail.3 Its brands include Zura, Sindica, Salix, Rymix, Prabhavi, Lepto, Juba Gold, Cyno and Amsac in crop protection, Lacare cleaners for marble and tile, and Polygrip wood adhesives.67 Its own plants are at Atul, Ankleshwar and Panoli in Gujarat and at Tarapur in Maharashtra; subsidiaries run sites at Ambernath in Maharashtra, Jodhpur in Rajasthan and Baltonsborough in the United Kingdom.8
Atul was founded by Kasturbhai Lalbhai, and the company says it was the first private sector company in India to be inaugurated by Prime Minister Jawaharlal Nehru.910 Its first site, at Atul in Valsad district, spreads across 1,346 acres.1011 On 17 Mar 2026, the company marked 74 years of manufacturing.9 Sunil Lalbhai is its Chairman and Managing Director, and Samveg Lalbhai is a Managing Director.12 It holds 50:50 joint ventures with Rudolf in textile chemicals and with Nouryon in monochloroacetic acid.13
Atul key points
Results
- In the quarter to Sep 2026, consolidated revenue was ₹1,877 crore against ₹1,552 crore a year earlier, EBITDA (earnings before interest, tax, depreciation and amortisation) ₹295 crore against ₹316 crore, and profit after tax ₹159 crore against ₹182 crore.14
- In the half year to Sep 2026, consolidated revenue was ₹3,725 crore against ₹3,030 crore a year earlier, EBITDA ₹722 crore against ₹578 crore, and profit after tax ₹413 crore against ₹315 crore.14
- In the year to Mar 2026, consolidated sales of ₹6,203 crore and consolidated profit before tax of ₹901 crore were the highest the company has reported.15
- In the year to Mar 2026, the consolidated EBITDA margin rose to 20%, return on capital employed (operating profit as a share of the capital used) to 17%, and free cash flow (cash left after capital spending) to ₹1,023 crore.16
Business segments
- Revenue by segment (share of total revenue)1718
Item year to Mar 2026 year to Mar 2025 Performance and Other Chemicals ₹4,388 crore (71%) ₹3,818 crore (70%) Life Science Chemicals ₹1,805 crore (29%) ₹1,692 crore (30%) - Sales of selected Performance and Other Chemicals businesses192021
Item year to Mar 2026 year to Mar 2025 Polymers Performance Materials ₹1,710 crore ₹1,445 crore Aromatics II ₹810 crore ₹837 crore Colors ₹687 crore ₹630 crore Polymers Retail ₹304 crore ₹245 crore - Sales of selected Life Science Chemicals businesses2223
Item year to Mar 2026 year to Mar 2025 Crop Protection Bulk Actives ₹725 crore ₹627 crore Pharmaceuticals and Aromatics I ₹595 crore ₹633 crore Crop Protection Retail ₹280 crore ₹256 crore
Where revenue comes from
- Consolidated segment revenue by location24
Item year to Mar 2026 year to Mar 2025 India ₹3,772.81 crore ₹3,328.26 crore Outside India ₹2,500.73 crore ₹2,255.09 crore - In the year to Mar 2026, the company sold its products in 88 countries, directly and through subsidiaries in the USA, the UK, the UAE, China and Brazil.25
Plants and capacity
- The group has 8 production sites, a 73 megawatt (MW) captive power plant and an effluent treatment plant of 33 million litres a day (MLD).26
- In the year to Mar 2026, the company commissioned 3 new plants, for epoxy, polysulfone and wind-grade structural adhesives, and expanded and debottlenecked (removed bottlenecks to raise output from) capacity in several businesses.27
- The group spent ₹141 crore on capital expenditure in the year to Mar 2026 and had no net borrowings.28
Customers and partners
Research and development
- In the year to Mar 2026, the company spent ₹38 crore on research and development (R&D) and had 10 R&D laboratories with 233 R&D staff.30
- The company developed 24 new products and introduced 51 new formulations in the year to Mar 2026, against 24 new formulations a year earlier.31
- In the year to Mar 2026, 11 Drug Master Files (dossiers on how a drug ingredient is made) were filed, taking active filings to 48. The 3 pharmaceutical sites, 2 of them wholly owned subsidiary Atul Bioscience's, have cleared US FDA inspections with no observations.32
- In its presentation of 24 Oct 2026, the company said it had commercialised Halosulfuron, a herbicide used in sugarcane and maize, and obtained a European certificate of suitability (CEP) for the drug ingredient Mebeverine Hydrochloride.33
What the company expects
- The company stated in its annual report for the year to Mar 2026 that it aims for medium-term additional sales of about ₹900 crore (consolidated) from existing capacities, about ₹600 crore from own expansions and initially about ₹300 crore from joint ventures.34
- The company stated in its annual report for the year to Mar 2026 that 2 new Aromatics II projects taken up that year are expected to start operating in the year to Mar 2027.35
Recent events
- On 23 Oct 2026, the board approved a buyback (the company buying its own shares) from the open market of up to ₹90,00,00,000, excluding transaction costs, at no more than ₹7,500 a share, from shareholders other than the promoters.3637
- On 6 Feb 2026, Atul-Buckman Specialties Pvt Ltd was incorporated as a joint venture of the company and Buckman Laboratories (Asia) to make water treatment chemicals.3839
- On 13 Dec 2025, the company agreed to buy 26.30% of Torrent Urja 39 Pvt Ltd for up to ₹13.86 crore, to become a captive user of the hybrid wind and solar power plant it is building in Gujarat.40
Last updated
All 40 sources, each with its page
- 1. Annual report, 17 Jul 2026, page 317
- 2. Annual report, 17 Jul 2026, page 122
- 3. Annual report, 17 Jul 2026, page 7
- 4. Annual report, 17 Jul 2026, page 24
- 5. Annual report, 17 Jul 2026, page 99
- 6. Annual report, 17 Jul 2026, page 96
- 7. Investor presentation, 24 Oct 2026, page 15
- 8. Annual report, 17 Jul 2026, page 329
- 9. Annual report, 17 Jul 2026, page 14
- 10. Investor presentation, 24 Oct 2026, page 3
- 11. Annual report, 17 Jul 2026, page 53
- 12. Annual report, 17 Jul 2026, page 113
- 13. Investor presentation, 24 Oct 2026, page 8
- 14. Investor presentation, 24 Oct 2026, page 9
- 15. Annual report, 17 Jul 2026, page 14
- 16. Annual report, 17 Jul 2026, page 14
- 17. Annual report, 17 Jul 2026, page 97
- 18. Annual report, 17 Jul 2026, page 95
- 19. Annual report, 17 Jul 2026, page 99
- 20. Annual report, 17 Jul 2026, page 97
- 21. Annual report, 17 Jul 2026, page 100
- 22. Annual report, 17 Jul 2026, page 95
- 23. Annual report, 17 Jul 2026, page 96
- 24. Annual report, 17 Jul 2026, page 318
- 25. Annual report, 17 Jul 2026, page 85
- 26. Investor presentation, 24 Oct 2026, page 4
- 27. Annual report, 17 Jul 2026, page 41
- 28. Annual report, 17 Jul 2026, page 24
- 29. Annual report, 17 Jul 2026, page 123
- 30. Annual report, 17 Jul 2026, page 24
- 31. Annual report, 17 Jul 2026, page 38
- 32. Annual report, 17 Jul 2026, page 97
- 33. Investor presentation, 24 Oct 2026, page 13
- 34. Annual report, 17 Jul 2026, page 14
- 35. Annual report, 17 Jul 2026, page 97
- 36. Exchange filing, 23 Oct 2026, page 1
- 37. Exchange filing, 23 Oct 2026, page 2
- 38. Exchange filing, 6 Feb 2026, page 1
- 39. Exchange filing, 6 Feb 2026, page 2
- 40. Exchange filing, 13 Dec 2025, page 1
Results
Consolidated; ₹ crore.Atul quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +18.1%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +42.4%
Quarter to Sep 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹1,877 Crup 1.57%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹159 Crdown 37.50%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 8.5%
Revenue by quarter
Net profit by quarter, a loss in red
| ₹ crore | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,417 | 1,452 | 1,478 | 1,552 | 1,574 | 1,670 | 1,848 | 1,877 |
| Net profit | 117 | 130 | 132 | 182 | 164 | 211 | 254 | 159 |
| Net margin | 8.3% | 9.0% | 9.0% | 11.8% | 10.4% | 12.6% | 13.7% | 8.5% |
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹6,274 Crup 12.36%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹689 Crup 38.20%
- Net margin
- 11.0%
Revenue by year
Net profit by year, a loss in red
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,996 | 3,338 | 4,038 | 4,093 | 3,731 | 5,081 | 5,428 | 4,726 | 5,583 | 6,274 |
| Net profit | 323 | 281 | 436 | 671 | 660 | 597 | 507 | 324 | 499 | 689 |
| Net margin | 10.8% | 8.4% | 10.8% | 16.4% | 17.7% | 11.7% | 9.3% | 6.9% | 8.9% | 11.0% |
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Performance and Other ChemicalsPerformance and Other Chemicals, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹4,609 Crup 13.56%71.0%
- Life Science ChemicalsLife Science Chemicals, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹1,805 Crup 6.71%27.8%
- OthersOthers, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹80 Cr1.2%
Valuation
Today, against the company's own history.Atul PE ratio and valuation
At or below today's level on 1% of 2,231 trading days over the last 10 years.
At or below today's level on 0.1% of 1,985 trading days since Oct 2018.
At or below today's level on 94% of 2,475 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +4.3% | +40.1% | −25.9% | 0.5% |
| 3 years | −2.5% | +9.8% | −11.5% | 0.4% |
| 5 years | −1.7% | +0.8% | −2.9% | 0.4% |
Mutual fund holdings
83 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 39 of the 49 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 83 funds holding Atul
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 1
- AddedAdded. Funds that held more shares than at the end of the month before.
- 16
- CutCut. Funds that held fewer shares than at the end of the month before.
- 33
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 33
| Fund | |||
|---|---|---|---|
| 4,25,000 | 0.90% | ₹251.4 Cr | |
| 4,03,746 | 1.11% | ₹238.8 Cr | |
| 3,50,000 | 2.11% | ₹207.0 Cr | |
| 3,08,370 | 0.94% | ₹182.4 Cr | |
| 2,18,633 | 0.69% | ₹129.3 Cr | |
| 2,01,840 | 1.73% | ₹119.4 Cr | |
| 1,85,856 | 0.71% | ₹109.9 Cr | |
| 1,77,164 | 1.80% | ₹104.8 Cr | |
| 1,70,881 | 0.58% | ₹101.1 Cr | |
| 1,62,818 | 0.13% | ₹96.3 Cr |
Promoter and insider buying and selling
Trades made since 31 Oct 2025.Atul insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Promoters and promoter group: no market trade · 7 pledge filings of unclear kind
Atul competitors and peers
Specialty Chemicals, 130 listed companies, priced on 30 Oct 2026. The table lists the 8 companies closest to Atul in market cap.Chemical companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| 21,451 | – | 8.27 | +30.8% | – | – | 10.1% | 0.00% | |
| 20,724 | 19.51 | 3.20 | +23.8% | +99.9% | 17.7% | 18.3% | 0.49% | |
| 15,806 | 26.64 | 2.52 | +39.8% | +103.8% | 9.9% | 8.5% | 0.23% | |
| 15,480 | 35.33 | 5.81 | +7.3% | +5.7% | 17.7% | 17.6% | 0.22% | |
| 13,198 | 20.53 | 3.34 | +6.7% | +62.4% | 16.9% | 20.2% | 0.82% | |
| 13,019 | 74.51 | 3.91 | +51.8% | +41.5% | 5.7% | 6.2% | 0.13% | |
| 12,571 | – | 7.98 | +17.5% | – | – | 20.8% | 0.31% | |
| 12,066 | 63.89 | 12.60 | – | – | 22.5% | 20.1% | 0.14% |
Dividends
Per share, by the year it was paid for, and the latest payments.Atul dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossary| Ex-date | Type | Per share |
|---|---|---|
| 17 Jul 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹30.00 |
| 11 Jul 2025 | Final | ₹25.00 |
| 12 Jul 2024 | Final | ₹20.00 |
| 14 Jul 2023 | Final | ₹25.00 |
| 2 Nov 2022 | Special | ₹7.50 |
| 14 Jul 2022 | Final | ₹25.00 |
Latest announcements
Routine notices left out.Atul announcements
Oct 2026
29 Oct
28 Oct
24 Oct
23 Oct · Results
Atul share price by year
Each calendar year to 2025.Atul share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 6,141.00 | −11.8% | 7,696.00 | 5,166.80 |
| 2024 | 6,959.95 | −2.7% | 8,036.35 | 5,475.55 |
| 2023 | 7,154.95 | −13.4% | 8,207.60 | 6,136.45 |
| 2022 | 8,258.00 | −8.6% | 10,663.45 | 7,845.30 |
| 2021 | 9,039.10 | +40.6% | 10,824.15 | 6,296.70 |
| 2020 | 6,430.10 | +58.7% | 6,948.70 | 3,506.25 |
| 2019 | 4,050.80 | +17.9% | 4,332.40 | 3,263.80 |
| 2018 | 3,436.95 | +25.6% | 3,595.35 | 2,600.30 |
| 2017 | 2,735.70 | +31.7% | 2,752.70 | 1,994.65 |
| 2016 | 2,077.90 | +28.9% | 2,440.05 | 1,321.15 |
Recent sessions
The 9 trading days to 29 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 29 Oct 2026 | 5,225.00 | 5,225.00 | 5,103.50 | 5,146.00 | 5,150.86 | 54,468 | 56.5% |
| 28 Oct 2026 | 5,401.00 | 5,423.50 | 5,200.00 | 5,225.50 | 5,241.23 | 59,432 | 54.5% |
| 27 Oct 2026 | 5,334.00 | 5,501.50 | 5,225.00 | 5,413.50 | 5,318.06 | 65,069 | 50.2% |
| 26 Oct 2026 | 5,511.00 | 5,531.50 | 5,124.00 | 5,354.00 | 5,305.30 | 1,20,677 | 39.3% |
| 23 Oct 2026 | 5,985.00 | 6,023.00 | 5,525.00 | 5,576.00 | 5,690.34 | 1,51,423 | 22.4% |
| 22 Oct 2026 | 6,003.00 | 6,034.50 | 5,913.50 | 5,999.50 | 5,995.52 | 36,178 | 67.6% |
| 21 Oct 2026 | 6,201.00 | 6,290.00 | 5,950.00 | 6,022.50 | 6,060.64 | 32,438 | 35.8% |
| 19 Oct 2026 | 6,229.00 | 6,229.00 | 6,070.00 | 6,082.00 | 6,131.70 | 11,282 | 45.8% |
| 16 Oct 2026 | 6,166.00 | 6,242.00 | 6,125.50 | 6,196.50 | 6,187.15 | 19,934 | 57.9% |
Company details
- NSE symbol
- ATUL
- BSE code
- 500027
- ISIN
- INE100A01010
- Industry
- Chemicals & Petrochemicals
- Former symbols
- ATULPROD
- Website
- www.atul.co.in
- CIN
- L99999GJ1975PLC002859
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1975
- Registered office
- Atul House, G I Patel Marg, Ahmedabad 380014, Gujarat
- Share registrar
- MUFG Intime India Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments