6559.45 -46.30 (-0.70%)
33,687 Volume
NSEFeb 26, 2021 03:31 PM
The 4 reports from 3 analysts offering long term price targets for Atul Ltd. have an average target of 6824.00. The consensus estimate represents an upside of 4.03% from the last price of 6559.45.
Summary | Date | Stock | Broker | Price at Reco. | Target | Price at reco Change since reco(%) | Upside(%) | Type | Report | Discuss |
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2020-10-23 | Atul Ltd. + | Dolat Capital | 6006.05 | 6366.00 | 6006.05 (9.21%) | Target met | Accumulate | Atul
Dolat Capital
Atul Ltd's result was yet another surprise on the margin front, with sales too slowly reverting to pre-covid levels. Sales came in above our estimate at Rs 10.02bn (D.est: Rs 9.07) down by 4.2% YoY. EBITDA (D.est: Rs 2.06 bn) grew by 16.4% YoY to Rs 2.61bn, with a strong EBITDA margin of 26.1%, an increase of 460 bps YoY. The company has controlled its other expenses and power and fuel costs,...
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2020-10-23 | Atul Ltd. + | Sharekhan | 6107.80 | 6725.00 | 6107.80 (7.39%) | Target met | Buy | Atul
Sharekhan
Atul Limited (Atul) reported consolidated revenue of Rs. 1,002 crore (down 4.2%; up 51.7% q-o-q), which was 7.9% above our estimate of Rs. 929 crore. Revenue beat was on the account of betterthan-expected revenue from life science chemicals segment at Rs. 348 crore (up 5.3% y-o-y; up 28.3% q-o-q), while revenue from performance and other chemicals segment was largely in-line at Rs. 690 crore (down 7.7% y-o-y; up 64% q-o-q). The sharp sequential improvement in revenue can be attributed to higher demand from key user industries in the domestic market as economic activities recovered sharply post unlockdown by the government. EBITDA margin came in at 26.1% (up 460 bps y-o-y; up 204 bps q-o-q), which was also above our estimate of 25% due to higherthan-expected margin in the performance and other chemicals segment (EBIT margin up 411 bps y-o-y to 23.1%). The improvement in EBITDA margin was on account of better operating leverage...
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2020-08-25 | Atul Ltd. + | CD Equisearch | 5870.85 | 7381.00 | 5870.85 (11.73%) | 12.52 | Buy | Atul
CD Equisearch
Scarcely unscathed by the horrendous pandemic which triggered countrywide lockdown and forced suspension of Atul's manufacturing plants, beside others, its income from operations plunged by a little pleasing 36.5% to Rs 660.56 crs in the first quarter compared to Rs 1040.55 crs in the same quarter a year ago. Due to its far lesser reliance on essentials when compared to life science chemicals, performance and other chemicals barely managed to evade the brunt of the pandemic for its revenues slid by a little gratifying, though barely sustainable, 42.6%,...
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2020-07-24 | Atul Ltd. + | Dolat Capital | 4923.00 | 4797.00 | 4923.00 (33.24%) | Target met | Sell | Atul
Dolat Capital
36.5% YoY. Gross margins expanded by 575bps YoY to 57.0%, which were significantly above our estimate of 51.0%. We believe, gross margins have largely expanded due to benign input costs. EBITDA (D.est: Rs 547mn) de-grew by 34.0% YoY to Rs 1.58bn, with an EBITDA margin of 24.0%. The company has controlled its other expenses and power and fuel costs, down by 38.3% YoY and 33.8% YoY respectively. Tax rate stood at 28.0% against 31.8% against...
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2019-09-23 | Atul Ltd. + | CD Equisearch | 3801.00 | 4663.00 | 3801.00 (72.57%) | Target met | Buy | |||
2018-12-18 | Atul Ltd. + | CD Equisearch | 3400.00 | 4169.00 | 3400.00 (92.92%) | Target met | Buy | Atul Ltd
CD Equisearch
Atul Ltd manufactures value added chemicals by blending basic chemicals and natural resources for diverse industries -agriculture, construction, textiles, pharmaceuticals and automobiles - from its plants in Valsad, Bharuch...
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2018-02-14 | Atul Ltd. + | CD Equisearch | 2726.05 | 3234.00 | 2726.05 (140.62%) | Target met | Accumulate | Atul Ltd
CD Equisearch
Atul Ltd manufactures value added chemicals by blending basic chemicals and natural resources for diverse industries -agriculture, construction, textiles, pharmaceuticals and automobiles - from its plants in Valsad, Bharuch...
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2017-05-18 | Atul Ltd. + | CD Equisearch | 2520.00 | 3033.00 | 2520.00 (160.30%) | Target met | 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...
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2017-02-16 | Atul Ltd. + | Dynamic Levels | 2229.35 | 2500.00 | 2229.35 (194.23%) | Target met | Buy | Atul Limited
Dynamic Levels
Atul is a chemical conglomerate company serving about 5700 customers belonging to 31 industries across the world. With depth in science and technology, Atul manages almost all unit processes and unit operations to manufacture about 1380 products and formulations and has state-of-the-art facilities and...
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2016-12-12 | Atul Ltd. + | CD Equisearch | 2135.00 | 2530.00 | 2135.00 (207.23%) | Target met | Accumulate | Atul Ltd
CD Equisearch
Unyielding increase in EBIT margins of POC business explains the gaping profits (standalone) between LSC and POC business - POC's EBIT was nearly three time that of LSC's in HIFY17 from just 1.4x in FY16 and 1.2x in FY14. It also restricted sharp erosion in PBT in H1 - grew by a disappointing 4.7% for the LSC business EBIT slid 26.9% to Rs 61.44 crs ($9.1m) from Rs 84.07 ($12.4m) in the same period a year ago. Thanks to lower tax provision, PAT advanced by 12.9% to Rs 162.86 crs ($24.1m) in H1. Atul's Board of Directors recently approved the partnership of Atul or its...
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2016-08-01 | Atul Ltd. + | Dynamic Levels | 1910.70 | 2300.00 | 1910.70 (243.30%) | Target met | Buy | Atul
Dynamic Levels
Atul is a chemical conglomerate company serving about 5700 customers belonging to 31 industries across the world. With depth in science and technology, Atul manages almost all unit processes and unit operations to manufacture about 1380 products and formulations and has state-of-the-art facilities and processes to ensure safety and treatment of gaseous, liquid and solid pollutants. The company has established subsidiary companies in the USA (1994), the UK (1996), Germany (1998), China (2004), Brazil (2012), and the...
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2016-07-25 | Atul Ltd. + | Phillip Capital | 2070.00 | 1650.00 | 2070.00 (216.88%) | Sell | Atul Q1FY17 Update 25July2016
Phillip Capital
Key highlights: Revenue was better than our expectations due to the excise duty of Rs 394mn asperINDAS; excluding this, saleswere in line. EBITDA marginwas in line and so wasEBITDA.Lowerotherincomeandhigherdepreciation(+45%yoy),resultedinaPBTofRs 950mn (5% below estimates). However, significantly lower tax of 15% (vs. normal tax of 31%) boosted PAT to Rs 805mn (+32% yoy), but on normalised taxes, adjusted PAT stood...
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2016-05-03 | Atul Ltd. + | Phillip Capital | 1832.00 | 1650.00 | 1832.00 (258.05%) | Neutral | Atul Q4FY16 Update 3May2016
Phillip Capital
In the colour segment, market share for products such as vat dyes (16%) and sulphur black(12%)increased.ExpectsincreaseindemandfortheseproductsinFY17,whichis inlinewithourestimatesofagradualrecoveryinthecoloursegment.Withincreasing...
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2016-04-01 | Atul Ltd. + | Phillip Capital | 1519.95 | 1650.00 | 1519.95 (331.56%) | Neutral | Atul Ltd Initiating 1April2016
Phillip Capital
and derivatives in India/ in the world with a strong customer base across advanced and developing markets. Although the price of Pcresol softened with crude, Atul's price leadershiphelpeditretainmostofthebenefitfromlowerinputcost(crudederivative).We...
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2013-05-29 | Atul Ltd. + | Nirmal Bang | 354.30 | 354.30 (1751.38%) | Target met | Buy |