Atul Limited (ATUL) - Net Assets

Latest as of March 2026: Rs62.97 Billion INR ≈ $680.95 Million USD

Based on the latest financial reports, Atul Limited (ATUL) has net assets worth Rs62.97 Billion INR (≈ $680.95 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs79.00 Billion ≈ $854.41 Million USD) and total liabilities (Rs16.04 Billion ≈ $173.46 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how tangible is Atul Limited's equity to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs62.97 Billion
% of Total Assets	79.7%
Annual Growth Rate	27.78%
5-Year Change	41.18%
10-Year Change	217.82%
Growth Volatility	136.07

Atul Limited - Net Assets Trend (2002–2026)

This chart illustrates how Atul Limited's net assets have evolved over time, based on quarterly financial data. See ATUL defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Atul Limited (2002–2026)

The table below shows the annual net assets of Atul Limited from 2002 to 2026. For live valuation and market cap data, see how much is Atul Limited worth.

Year	Net Assets	Change
2026-03-31	Rs62.97 Billion ≈ $680.95 Million	+11.20%
2025-03-31	Rs56.62 Billion ≈ $612.36 Million	+9.66%
2024-03-31	Rs51.63 Billion ≈ $558.40 Million	+9.41%
2023-03-31	Rs47.19 Billion ≈ $510.39 Million	+5.82%
2022-03-31	Rs44.60 Billion ≈ $482.31 Million	+15.63%
2021-03-31	Rs38.57 Billion ≈ $417.14 Million	+21.25%
2020-03-31	Rs31.81 Billion ≈ $344.04 Million	+16.55%
2019-03-31	Rs27.30 Billion ≈ $295.19 Million	+20.57%
2018-03-31	Rs22.64 Billion ≈ $244.84 Million	+14.27%
2017-03-31	Rs19.81 Billion ≈ $214.26 Million	+54.74%
2016-03-31	Rs12.80 Billion ≈ $138.46 Million	+22.56%
2015-03-31	Rs10.45 Billion ≈ $112.98 Million	+9.44%
2014-03-31	Rs9.55 Billion ≈ $103.23 Million	+25.58%
2013-03-31	Rs7.60 Billion ≈ $82.20 Million	+15.43%
2012-03-31	Rs6.58 Billion ≈ $71.21 Million	+14.62%
2011-03-31	Rs5.75 Billion ≈ $62.13 Million	+16.81%
2010-03-31	Rs4.92 Billion ≈ $53.19 Million	+7.71%
2009-03-31	Rs4.57 Billion ≈ $49.38 Million	+7.06%
2008-03-31	Rs4.27 Billion ≈ $46.13 Million	+42.65%
2007-03-31	Rs2.99 Billion ≈ $32.33 Million	+7.23%
2006-03-31	Rs2.79 Billion ≈ $30.15 Million	+42.42%
2005-03-31	Rs1.96 Billion ≈ $21.17 Million	+696.89%
2004-03-31	Rs245.66 Million ≈ $2.66 Million	+16.14%
2003-03-31	Rs211.52 Million ≈ $2.29 Million	+20.62%
2002-03-31	Rs175.36 Million ≈ $1.90 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Atul Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Common Stock	Rs294.60 Million	0.47%
Other Components	Rs61.92 Billion	99.53%
Total Equity	Rs62.22 Billion	100.00%

Atul Limited Competitors by Market Cap

The table below lists competitors of Atul Limited ranked by their market capitalization.

Company	Market Cap
Beijing United Information Technology Co Ltd SHG:603613	$2.07 Billion
Essence Fastening Systems (Shanghai) Co. Ltd. SHE:301005	$2.07 Billion
Skyworth Digital Co Ltd SHE:000810	$2.07 Billion
COMFORTDELGRO UNSP.ADR/20 F:VZ10	$2.07 Billion
Dentsply Sirona Inc NASDAQ:XRAY	$2.07 Billion
Worthington Steel Inc NYSE:WS	$2.07 Billion
REMY UNSP.ADR 1/10/EO 16 F:RMC0	$2.07 Billion
Zhongfu Straits Pingtan Development Co Ltd SHE:000592	$2.07 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Atul Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2025 to 2026, total equity changed from 55,985,500,000 to 62,219,600,000, a change of 6,234,100,000 (11.1%).
Net income of 6,779,000,000 contributed positively to equity growth.
Dividend payments of 736,000,000 reduced retained earnings.
Other comprehensive income decreased equity by 8,043,500,000.
Other factors increased equity by 8,234,600,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs6.78 Billion	+10.9%
Dividends Paid	Rs736.00 Million	-1.18%
Other Comprehensive Income	Rs-8.04 Billion	-12.93%
Other Changes	Rs8.23 Billion	+13.23%
Total Change	Rs-	11.14%

Book Value vs Market Value Analysis

This analysis compares Atul Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 3.08x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 98.49x to 3.08x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-03-31	Rs66.00	Rs6500.00	x
2006-03-31	Rs94.00	Rs6500.00	x
2007-03-31	Rs100.80	Rs6500.00	x
2008-03-31	Rs143.79	Rs6500.00	x
2009-03-31	Rs153.94	Rs6500.00	x
2010-03-31	Rs164.47	Rs6500.00	x
2011-03-31	Rs192.36	Rs6500.00	x
2012-03-31	Rs220.51	Rs6500.00	x
2013-03-31	Rs254.28	Rs6500.00	x
2014-03-31	Rs319.81	Rs6500.00	x
2015-03-31	Rs350.28	Rs6500.00	x
2016-03-31	Rs429.75	Rs6500.00	x
2017-03-31	Rs662.78	Rs6500.00	x
2018-03-31	Rs756.50	Rs6500.00	x
2019-03-31	Rs912.18	Rs6500.00	x
2020-03-31	Rs1063.62	Rs6500.00	x
2021-03-31	Rs1290.56	Rs6500.00	x
2022-03-31	Rs1496.93	Rs6500.00	x
2023-03-31	Rs1582.47	Rs6500.00	x
2024-03-31	Rs1734.38	Rs6500.00	x
2025-03-31	Rs1901.55	Rs6500.00	x
2026-03-31	Rs2113.29	Rs6500.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Atul Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 10.90%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 10.81%
• Asset Turnover: 0.79x
• Equity Multiplier: 1.27x
Recent ROE (10.90%) is below the historical average (14.27%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2002	9.90%	5.59%	0.80x	2.22x	Rs-149.30K
2003	10.38%	4.32%	1.02x	2.36x	Rs652.80K
2004	15.13%	4.45%	1.60x	2.12x	Rs10.13 Million
2005	6.41%	1.73%	0.94x	3.94x	Rs-70.26 Million
2006	33.87%	10.96%	1.00x	3.09x	Rs665.59 Million
2007	6.48%	2.07%	1.03x	3.03x	Rs-105.11 Million
2008	6.71%	2.74%	0.93x	2.64x	Rs-140.15 Million
2009	8.78%	3.27%	1.15x	2.33x	Rs-55.80 Million
2010	10.59%	4.22%	1.08x	2.32x	Rs28.76 Million
2011	16.79%	6.10%	1.24x	2.22x	Rs387.23 Million
2012	14.53%	5.26%	1.23x	2.24x	Rs296.34 Million
2013	15.88%	5.86%	1.31x	2.07x	Rs443.46 Million
2014	23.11%	8.92%	1.35x	1.91x	Rs1.24 Billion
2015	23.16%	9.06%	1.46x	1.75x	Rs1.37 Billion
2016	21.51%	10.57%	1.21x	1.68x	Rs1.47 Billion
2017	16.43%	11.40%	1.02x	1.41x	Rs1.26 Billion
2018	12.32%	8.39%	1.09x	1.34x	Rs520.88 Million
2019	15.97%	10.70%	1.14x	1.31x	Rs1.62 Billion
2020	21.12%	16.28%	0.99x	1.32x	Rs3.51 Billion
2021	17.14%	17.57%	0.76x	1.29x	Rs2.73 Billion
2022	13.64%	11.89%	0.89x	1.29x	Rs1.61 Billion
2023	11.01%	9.47%	0.94x	1.23x	Rs469.52 Million
2024	6.32%	6.84%	0.73x	1.27x	Rs-1.88 Billion
2025	8.64%	8.67%	0.80x	1.25x	Rs-759.25 Million
2026	10.90%	10.81%	0.79x	1.27x	Rs557.04 Million

Industry Comparison

This section compares Atul Limited's net assets metrics with peer companies in the Specialty Chemicals industry.

Industry Context

Industry: Specialty Chemicals
Average net assets among peers: $4,415,309,840
Average return on equity (ROE) among peers: 15.06%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Atul Limited (ATUL)	Rs62.97 Billion	9.90%	0.25x	$2.07 Billion
Aarti Industries Limited (AARTIIND)	$3.75 Billion	25.25%	1.91x	$1.91 Billion
Aarti Surfactants Limited (AARTISURF)	$1.36 Billion	4.04%	1.96x	$35.50 Million
ABM International Limited (ABMINTLLTD)	$148.54 Million	-22.96%	1.64x	$4.23 Million
Advanced Enzyme Technologies Limited (ADVENZYMES)	$8.67 Billion	14.91%	0.13x	$452.18 Million
Aether Industries Limited (AETHER)	$3.87 Billion	28.16%	0.99x	$1.66 Billion
Akzo Nobel India Limited (AKZOINDIA)	$8.48 Billion	17.72%	1.40x	$1.60 Billion
Alkali Metals Limited (ALKALI)	$293.96 Million	25.87%	0.91x	$9.63 Million
Alkyl Amines Chemicals Limited (ALKYLAMINE)	$11.69 Billion	19.56%	0.36x	$990.72 Million
Ami Organics Limited (AMIORG)	$822.19 Million	28.33%	1.59x	$1.18 Billion
Anupam Rasayan India Limited (ANURAS)	$5.07 Billion	9.71%	1.61x	$1.58 Billion

About Atul Limited

NSE:ATUL India Specialty Chemicals

Market Cap

$2.07 Billion

Rs191.37 Billion INR

Market Cap Rank

#6210 Global

#273 in India

Share Price

Rs6500.00

Change (1 day)

+0.70%

52-Week Range

Rs5664.50 - Rs7664.00

All Time High

Rs10709.76