Atul Valuation

Is ATUL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ATUL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
₹3.57k
Fair Value
90.6% overvalued intrinsic discount
12
Number of Analysts

Below Fair Value: ATUL (₹6795.85) is trading above our estimate of fair value (₹3566.22)

Significantly Below Fair Value: ATUL is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for ATUL?

Key metric: As ATUL is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ATUL. This is calculated by dividing ATUL's market cap by their current earnings.
What is ATUL's PE Ratio?
PE Ratio52.9x
Earnings₹3.78b
Market Cap₹200.01b

Price to Earnings Ratio vs Peers

How does ATUL's PE Ratio compare to its peers?

The above table shows the PE ratio for ATUL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average48x
BASF BASF India
34xn/a₹221.3b
DCMSHRIRAM DCM Shriram
32xn/a₹166.7b
506655 Sudarshan Chemical Industries
57.6x33.4%₹76.1b
68.3x27.6%₹771.6b
ATUL Atul
52.9x30.3%₹200.0b

Price-To-Earnings vs Peers: ATUL is expensive based on its Price-To-Earnings Ratio (52.9x) compared to the peer average (48x).


Price to Earnings Ratio vs Industry

How does ATUL's PE Ratio compare vs other companies in the IN Chemicals Industry?

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ZUARI Zuari Agro Chemicals
4.7xn/aUS$98.59m
NAGAFERT Nagarjuna Fertilizers and Chemicals
0.3xn/aUS$61.88m
UNIVPHOTO Universus Photo Imagings
2.5xn/aUS$24.85m
526773 Pressure Sensitive Systems (India)
0.6xn/aUS$8.07m
ATUL 52.9xIndustry Avg. 29.5xNo. of Companies35PE020406080100+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ATUL is expensive based on its Price-To-Earnings Ratio (52.9x) compared to the Indian Chemicals industry average (30.6x).


Price to Earnings Ratio vs Fair Ratio

What is ATUL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ATUL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio52.9x
Fair PE Ratio36.8x

Price-To-Earnings vs Fair Ratio: ATUL is expensive based on its Price-To-Earnings Ratio (52.9x) compared to the estimated Fair Price-To-Earnings Ratio (36.8x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst ATUL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹6,795.85
₹8,093.83
+19.1%
13.7%₹9,514.00₹5,270.00n/a12
Jan ’26₹6,909.70
₹8,227.17
+19.1%
14.9%₹9,995.00₹5,270.00n/a12
Dec ’25₹7,295.80
₹8,102.92
+11.1%
15.5%₹9,995.00₹5,270.00n/a13
Nov ’25₹7,851.95
₹8,087.00
+3.0%
16.1%₹9,995.00₹5,270.00n/a12
Oct ’25₹8,002.45
₹7,176.38
-10.3%
19.2%₹9,514.00₹4,530.00n/a13
Sep ’25₹7,967.45
₹7,176.38
-9.9%
19.2%₹9,514.00₹4,530.00n/a13
Aug ’25₹7,844.60
₹7,176.38
-8.5%
19.2%₹9,514.00₹4,530.00n/a13
Jul ’25₹6,589.05
₹6,257.42
-5.0%
16.4%₹8,095.00₹3,970.00n/a12
Jun ’25₹5,621.10
₹6,004.00
+6.8%
14.3%₹7,300.00₹3,970.00n/a11
May ’25₹5,985.75
₹6,012.18
+0.4%
14.2%₹7,300.00₹4,050.00n/a11
Apr ’25₹5,797.20
₹6,109.45
+5.4%
14.4%₹7,300.00₹4,050.00n/a11
Mar ’25₹6,143.50
₹6,054.91
-1.4%
15.0%₹7,300.00₹4,050.00n/a11
Feb ’25₹6,296.25
₹6,054.91
-3.8%
15.0%₹7,300.00₹4,050.00n/a11
Jan ’25₹7,169.10
₹6,106.50
-14.8%
15.9%₹7,300.00₹4,070.00₹6,909.7010
Dec ’24₹6,651.65
₹6,328.45
-4.9%
17.4%₹8,248.00₹4,070.00₹7,295.8011
Nov ’24₹6,136.45
₹6,328.45
+3.1%
17.4%₹8,248.00₹4,070.00₹7,851.9511
Oct ’24₹7,045.60
₹6,481.50
-8.0%
14.3%₹8,248.00₹5,200.00₹8,002.4510
Sep ’24₹7,354.35
₹6,452.50
-12.3%
15.1%₹8,248.00₹4,910.00₹7,967.4510
Aug ’24₹7,210.30
₹6,429.55
-10.8%
14.5%₹8,248.00₹4,910.00₹7,844.6011
Jul ’24₹6,995.25
₹6,873.80
-1.7%
12.9%₹8,248.00₹5,340.00₹6,589.0510
Jun ’24₹6,742.10
₹6,873.80
+2.0%
12.9%₹8,248.00₹5,340.00₹5,621.1010
May ’24₹6,871.60
₹7,517.44
+9.4%
14.3%₹9,130.00₹5,340.00₹5,985.759
Apr ’24₹6,959.05
₹7,951.63
+14.3%
9.5%₹9,130.00₹6,720.00₹5,797.208
Mar ’24₹7,113.65
₹8,397.11
+18.0%
17.2%₹11,961.00₹6,720.00₹6,143.509
Feb ’24₹7,176.25
₹8,532.40
+18.9%
16.8%₹11,961.00₹6,720.00₹6,296.2510
Jan ’24₹8,258.00
₹9,580.30
+16.0%
11.1%₹11,961.00₹7,985.00₹7,169.1010
Analyst Price Target
Consensus Narrative from 12 Analysts
₹8.10k
Fair Value
16.1% undervalued intrinsic discount
12
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 11:26
End of Day Share Price 2025/01/10 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Atul Ltd is covered by 19 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nav BhardwajAnand Rathi Shares and Stock Brokers Limited
Bhawana IsraniAnand Rathi Shares and Stock Brokers Limited
null nullAnand Rathi Shares and Stock Brokers Limited