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ATUL - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.4

Last Updated Time : 03 Feb 26, 07:53 pm

Fundamental Rating: 3.4

Stock Code ATUL Market Cap 18,478 Cr. Current Price 6,276 ₹ High / Low 7,793 ₹
Stock P/E 35.8 Book Value 1,973 ₹ Dividend Yield 0.40 % ROCE 11.9 %
ROE 8.64 % Face Value 10.0 ₹ DMA 50 6,013 ₹ DMA 200 6,261 ₹
Chg in FII Hold -0.86 % Chg in DII Hold 0.46 % PAT Qtr 121 Cr. PAT Prev Qtr 172 Cr.
RSI 59.1 MACD 26.6 Volume 1,11,544 Avg Vol 1Wk 36,268
Low price 4,752 ₹ High price 7,793 ₹ PEG Ratio -4.41 Debt to equity 0.00
52w Index 50.1 % Qtr Profit Var 30.8 % EPS 176 ₹ Industry PE 25.9

📊 Core Financials

  • Revenue & Profitability: Quarterly PAT fell to 121 Cr. from 172 Cr., showing earnings pressure. EPS stands at 176 ₹.
  • Margins: ROCE at 11.9% and ROE at 8.64% indicate moderate efficiency and profitability.
  • Debt: Debt-to-equity ratio of 0.00 reflects a debt-free balance sheet.
  • Cash Flow: Stable operations but declining profits may impact cash generation.

💹 Valuation Indicators

  • P/E Ratio: 35.8, higher than industry average of 25.9, suggesting mild overvaluation.
  • P/B Ratio: Current price (6276 ₹) vs. book value (1973 ₹) shows a premium valuation.
  • PEG Ratio: -4.41, indicating weak growth prospects relative to valuation.
  • Intrinsic Value: Current market price appears slightly stretched compared to fundamentals.

🏢 Business Model & Competitive Advantage

  • Diversified presence in chemicals, polymers, and specialty products.
  • Strong brand reputation and established client base.
  • Debt-free structure enhances financial resilience.

📈 Entry Zone & Long-Term Guidance

  • Entry Zone: Attractive accumulation range lies between 5,200–5,600 ₹, given current valuation premium.
  • Long-Term Holding: Suitable for investors seeking exposure to specialty chemicals, but growth moderation requires cautious entry.


✅ Positive

  • Debt-free balance sheet ensures financial stability.
  • Strong EPS of 176 ₹ supports long-term value creation.
  • Established brand in specialty chemicals with diversified portfolio.

⚠️ Limitation

  • Quarterly PAT declined from 172 Cr. to 121 Cr., showing earnings pressure.
  • ROCE (11.9%) and ROE (8.64%) are moderate compared to peers.
  • PEG ratio negative (-4.41), indicating weak growth outlook

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