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Atul Ltd : Performance chemicals margin squeezed, outlook good; Buy - Anand Rathi Shares and Stock Brokers With its product portfolio expansion, greater manufacturing efficiencies, de-bottlenecking and backward integration and its sharper focus on the retail crop protection and polymer categories, Atul’s long-term growth strategy is strong. Being in implementation phase of ~16bn-18bn capex plan, which has ~Rs20bn-25bn revenue potential at optimum utilisation, offering assurance of revenue growth. Raw material price and margin movements are key monitorables. Mixed Q2 performance. Strong de...
Atul Ltd : Performance chemicals margin squeezed, outlook good; Buy - Anand Rathi Shares and Stock Brokers
Atul Ltd : Performance chemicals margin squeezed, outlook good; Buy - Anand Rathi Shares and Stock Brokers
Source: Anand Rathi Share and Stock Brokers
25/10/2022 1:54:04 PM
Neutral Atul Ltd For Target Rs.8,991 - Motilal Oswal Financial Services Strong quarter led by the Life Science Chemicals segment * ATLP reported an in line revenue, led by strong growth in the Life Science Chemicals segment, which grew 32% QoQ and 38% YoY. * Gross margin declined to 4% YoY due to higher raw material costs, while adjusted EBITDAM came in higher than our estimate at 18.1%. The company has written off the carrying value of the assets (~INR351m) destroyed by the fire on 20th Apr’22 by including it in other expenses. * EBIT contribution...
Neutral Atul Ltd For Target Rs.8,991 - Motilal Oswal Financial Services
Neutral Atul Ltd For Target Rs.8,991 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
20/09/2022 11:53:49 AM
Atul Q1 net profit up 1.57% at Rs 158.54 cr The company reported standalone net profit of Rs 158.54 crore for the quarter ended June 30, 2022 as compared to Rs 156.09 crore in the same period last year, registering a year-on-year growth of 1.57 per cent. Net revenue of the company rose substantially by 37.39 per cent at Rs 1,425.75 crore in April-June quarter of this fiscal as against Rs 1,037.71 crore in the corresponding period last year. During April-June quarter, operating expenses increased by 48.37 per cent to Rs 1,219.25 cror...
Atul Q1 net profit up 1.57% at Rs 158.54 cr
Atul Q1 net profit up 1.57% at Rs 158.54 cr
Source: Dion Global Solutions Ltd
22/07/2022 4:18:43 PM
Atul inches up as its arm acquires stake in ARBL, ACEL Atul is currently trading at Rs. 8212.40, up by 9.50 points or 0.12% from its previous closing of Rs. 8202.90 on the BSE. The scrip opened at Rs. 8285.00 and has touched a high and low of Rs. 8285.00 and Rs. 8187.10 respectively. So far 206 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 10975.40 on 11-Oct-2021 and a 52 week low of Rs. 7757.00 on 26-May-2022. Last one week high and low of the scrip stood at Rs....
Atul inches up as its arm acquires stake in ARBL, ACEL
Atul inches up as its arm acquires stake in ARBL, ACEL
Source: Accord Fintech
8/07/2022 11:22:24 AM
Update on Atul Ltd by Motilal Oswal Poor show in Performance Chemicals segment leads to miss Revenue stood in line at INR13.7b (+23% YoY,-1% QoQ). Revenue from Performance Chemicals grew 29% YoY and 3% QoQ to INR10.5b. Revenue from Life Science Chemicals grew 18% YoY but fell 8% QoQ at INR3.7b. Gross/EBITDA margin stood at 47%/15% (-400bp/-320bp QoQ). EBIT margin for the Life Science Chemicals segment expanded, while it declined for the Performance Chemicals segment. Life Science Chemicals margin stood at 14% ...
Update on Atul Ltd by Motilal Oswal
Update on Atul Ltd by Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
2/05/2022 3:10:28 PM
Neutral Atul Ltd For Target Rs.10,000 - Motilal Oswal In-line results; banking on strong growth in FY22 * Atul (ATLP) reported revenue/EBITDA in line with our estimates, with further decline in the EBITDA margin to 21.9% during the quarter. * Despite increase in contribution of high margin Performance & Other Products segment from 60% of revenues in 1QFY21 to 67% in the quarter, gross margin witnessed a compression of 5% YoY. However, better cost control arrested EBITDAM decline to meagre 2.1% YoY. * Ongoing projects have been delay...
Neutral Atul Ltd For Target Rs.10,000 - Motilal Oswal
Neutral Atul Ltd For Target Rs.10,000 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
23/08/2021 12:07:33 PM