Atul Full Year 2024 Earnings: EPS Misses Expectations

Atul (NSE:ATUL) Full Year 2024 Results

Key Financial Results

• Revenue: ₹47.8b (down 12% from FY 2023).
• Net income: ₹3.23b (down 37% from FY 2023).
• Profit margin: 6.8% (down from 9.5% in FY 2023). The decrease in margin was driven by lower revenue.
• EPS: ₹110 (down from ₹174 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Atul EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 16%.

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Chemicals industry in India.

Performance of the Indian Chemicals industry.

The company's share price is broadly unchanged from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Atul's balance sheet and an in-depth analysis of the company's financial position.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.