Atul Ltd.

NSE: ATUL | BSE: 500027 | ISIN: INE100A01010 | Industry: Specialty Chemicals
| Falling Comet

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Atul Ltd.
18 May 2017
5725.50
1.75%
Accumulate: Atul Ltd.
CD Equisearch
Swayed by over 29% growth in LSC revenues, Atul's income from operations surged by 14.9% in Q4, while OPMs plunged 400 bps to 14.1% due to margin stress in both LSC and POC businesses - EBIT margins (on gross sales) of the former dreadfully slumped to 12.9% from 20.9% in the same quarter a year ago; that of latter by 140 bps to 12.1% ( q-o-q fall of 230 bps). If it were not for the lower interest expense (-55.8%) and higher other income (more than...
Atul Ltd. is trading below its 100 day SMA of 6368.1
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