Company Valuation: Atul Ltd

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 304,397 205,442 168,936 180,582 187,631 158,903 - -
Change - -32.51% -17.77% 6.89% 3.9% -15.31% - -
Enterprise Value (EV) 1 305,204 205,532 157,227 173,750 172,002 130,145 128,354 120,106
Change - -32.66% -23.5% 10.51% -1.01% -24.33% -1.38% -6.43%
P/E 50.4x 40x 52.4x 37.3x 27.7x 20.2x 17.6x 16x
PBR 6.88x 4.4x 3.3x 3.23x 3.02x 2.3x 2.06x 1.86x
PEG - -2.7x -1.4x 0.7x 0.7x 1.3x 1.2x 1.6x
Capitalization / Revenue 5.9x 3.79x 3.57x 3.23x 2.99x 2.12x 1.96x 1.77x
EV / Revenue 5.92x 3.79x 3.33x 3.11x 2.74x 1.74x 1.58x 1.33x
EV / EBITDA 33.5x 26.5x 24.7x 19x 16.7x 10.7x 9.18x 7.92x
EV / EBIT 41.5x 35.6x 39.9x 29.1x 24.3x 14x 11.9x 10.3x
EV / FCF -84.9x -122x 96.1x 52.2x 20.3x 28.3x 20.4x 15.1x
FCF Yield -1.18% -0.82% 1.04% 1.92% 4.93% 3.53% 4.91% 6.6%
Dividend per Share 2 25 25 20 25 30 35.02 42.98 43.47
Rate of return 0.24% 0.36% 0.35% 0.41% 0.47% 0.65% 0.8% 0.81%
EPS 2 204.2 174.2 109.5 164.4 230.2 266.8 306.1 337.2
Distribution rate 12.2% 14.4% 18.3% 15.2% 13% 13.1% 14% 12.9%
Net sales 1 51,569 54,275 47,257 55,834 62,735 74,802 81,040 90,029
EBITDA 1 9,114 7,748 6,367 9,130 10,308 12,197 13,976 15,164
EBIT 1 7,348 5,770 3,938 5,961 7,087 9,319 10,765 11,613
Net income 1 6,043 5,141 3,230 4,839 6,779 7,859 9,018 9,934
Net Debt 1 806.9 89.3 -11,709 -6,832 -15,629 -28,758 -30,549 -38,797
Reference price 2 10,288.20 6,960.90 5,738.20 6,133.55 6,372.95 5,397.20 5,397.20 5,397.20
Nbr of stocks (in thousands) 29,587 29,514 29,441 29,442 29,442 29,442 - -
Announcement Date 4/26/22 4/28/23 4/26/24 4/25/25 4/24/26 - - -
1INR in Million2INR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
20.23x1.74x10.67x0.65% 1.67B
19.33x3.39x9.8x2.11% 68.91B
12.36x0.93x7.81x4.36% 50B
51.79x8.26x35.18x1.05% 15.54B
12.52x0.86x6.14x2.84% 13.78B
5.43x0.78x3.12x4.11% 10.95B
16.37x0.74x8.13x2.98% 10.12B
11.07x0.73x4.85x2.95% 10.01B
35.9x1.65x8.73x2.12% 8.77B
28.47x3.83x17.09x0.4% 7.29B
Average 21.35x 2.29x 11.15x 2.36% 19.7B
Weighted average by Cap. 19.38x 2.48x 10.56x 2.77%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Atul Ltd

Historical PBR trend

Valuation ratios - PBR - Atul Ltd

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Atul Ltd

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Atul Ltd


Year-on-year evolution of the Yield

Valuation ratios - Yield - Atul Ltd