MarketsMojo rates Atul stock Hold and cites 20.43 percent profit growth

Published on 10/14/2026 at 02:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

MarketsMojo updated Atul to Hold on October 1, 2026 after net profit rose 20.43 percent. Q1 revenue reached INR 18.50 billion.

Rating and quarterly performance

MarketsMojo updated Atul to Hold on October 1, 2026 after net profit growth reached 20.43 percent.
First-quarter revenue reached INR 18.50 billion and the EBITDA margin was 21.30 percent.
Motilal Oswal kept an INR 8,400 target on July 25, 2026.

Atul, INE100A01010, Illustration mit AI erstellt.

MarketsMojo updated Atul to Hold on October 1, 2026, citing a 20.43 percent rise in net profit and four consecutive quarters of positive results. The rating gives Atul stock a cautious market reference while the company enters its next reporting cycle.

Three dated milestones

Atul's fiscal year ended March 31, 2026, with total operating revenue of INR 55.64 billion and equity capital of INR 294.6 million, according to The Financial Express.

For the first quarter of fiscal 2027, Atul reported revenue of INR 18.50 billion, up 25.00 percent year over year, while Performance and Other Chemicals revenue rose 34.00 percent to INR 14.20 billion, according to DSIJ on July 25, 2026.

The same update put the EBITDA margin at 21.30 percent, compared with Motilal Oswal's 16.20 percent estimate, a 5.10 percentage-point difference. Motilal Oswal also raised its fiscal 2027 and fiscal 2028 adjusted profit-after-tax estimates by 15.00 percent and 14.00 percent, respectively, and kept an INR 8,400 target.

What does the rating mean?

MarketsMojo said on October 1, 2026 that Atul's annual net sales growth over five years was 9.86 percent, while operating profit growth was 0.53 percent. The contrast matters because the latest quarter combined 25.00 percent revenue growth with a higher margin, leaving investors to judge whether the improvement can extend beyond one quarter.

Atul operates in chemicals and trades under the ticker ATUL on the National Stock Exchange of India, according to Aditya Trading. The latest structured market data showed a market capitalization of INR 176.6 billion as of October 13, 2026, placing the operating figures beside a substantial equity valuation.

Numbers set the next test

Atul's first-quarter net income was INR 2.45 billion, versus INR 2.10 billion in the preceding quarter, while diluted earnings per share were INR 83.32. The next investor debate therefore centers on whether Performance and Other Chemicals can preserve its 34.00 percent revenue growth and whether the 21.30 percent EBITDA margin can remain above the broker estimate.