Atul Limited (ATUL) - Net Assets
Based on the latest financial reports, Atul Limited (ATUL) has net assets worth Rs59.88 Billion INR (≈ $647.63 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs74.71 Billion ≈ $808.00 Million USD) and total liabilities (Rs14.83 Billion ≈ $160.38 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 ATUL asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs59.88 Billion |
| % of Total Assets | 80.15% |
| Annual Growth Rate | 28.55% |
| 5-Year Change | 46.8% |
| 10-Year Change | 342.26% |
| Growth Volatility | 138.79 |
Atul Limited - Net Assets Trend (2002–2025)
This chart illustrates how Atul Limited's net assets have evolved over time, based on quarterly financial data. Also explore Atul Limited balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Atul Limited (2002–2025)
The table below shows the annual net assets of Atul Limited from 2002 to 2025. For live valuation and market cap data, see how much is Atul Limited worth.
| Year | Net Assets | Change |
|---|---|---|
| 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 |
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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 grown by 78333.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs47.65 Billion | 85.11% |
| Common Stock | Rs294.40 Million | 0.53% |
| Other Comprehensive Income | Rs8.04 Billion | 14.37% |
| Other Components | Rs200.00K | 0.00% |
| Total Equity | Rs55.99 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 |
|---|---|
|
Zhejiang Jinke Peroxides Co Ltd
SHE:300459
|
$2.17 Billion |
|
ERMENEGILDO ZEG.DL -0001
F:JN0
|
$2.17 Billion |
|
Alarm.com Holdings Inc
NASDAQ:ALRM
|
$2.17 Billion |
|
EverCommerce Inc
NASDAQ:EVCM
|
$2.17 Billion |
|
Nicolet Bankshares Inc.
NYSE:NIC
|
$2.17 Billion |
|
City Union Bank Limited
NSE:CUB
|
$2.17 Billion |
|
Nanjing King-friend Biochemical Pharmaceutical Co Ltd
SHG:603707
|
$2.17 Billion |
|
Wuxi Shangji Automation Co Ltd
SHG:603185
|
$2.17 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 2024 to 2025, total equity changed from 51,143,400,000 to 55,985,500,000, a change of 4,842,100,000 (9.5%).
- Net income of 4,839,300,000 contributed positively to equity growth.
- Dividend payments of 588,800,000 reduced retained earnings.
- Share repurchases of 200,000 reduced equity.
- Other comprehensive income increased equity by 594,700,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs4.84 Billion | +8.64% |
| Dividends Paid | Rs588.80 Million | -1.05% |
| Share Repurchases | Rs200.00K | -0.0% |
| Other Comprehensive Income | Rs594.70 Million | +1.06% |
| Other Changes | Rs-2.90 Million | -0.01% |
| Total Change | Rs- | 9.47% |
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: 3.59x
- 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 103.30x to 3.59x 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 | Rs6817.50 | x |
| 2006-03-31 | Rs94.00 | Rs6817.50 | x |
| 2007-03-31 | Rs100.80 | Rs6817.50 | x |
| 2008-03-31 | Rs143.79 | Rs6817.50 | x |
| 2009-03-31 | Rs153.94 | Rs6817.50 | x |
| 2010-03-31 | Rs164.47 | Rs6817.50 | x |
| 2011-03-31 | Rs192.36 | Rs6817.50 | x |
| 2012-03-31 | Rs220.51 | Rs6817.50 | x |
| 2013-03-31 | Rs254.28 | Rs6817.50 | x |
| 2014-03-31 | Rs319.81 | Rs6817.50 | x |
| 2015-03-31 | Rs350.28 | Rs6817.50 | x |
| 2016-03-31 | Rs429.75 | Rs6817.50 | x |
| 2017-03-31 | Rs662.78 | Rs6817.50 | x |
| 2018-03-31 | Rs756.50 | Rs6817.50 | x |
| 2019-03-31 | Rs912.18 | Rs6817.50 | x |
| 2020-03-31 | Rs1063.62 | Rs6817.50 | x |
| 2021-03-31 | Rs1290.56 | Rs6817.50 | x |
| 2022-03-31 | Rs1496.93 | Rs6817.50 | x |
| 2023-03-31 | Rs1582.47 | Rs6817.50 | x |
| 2024-03-31 | Rs1734.38 | Rs6817.50 | x |
| 2025-03-31 | Rs1901.55 | Rs6817.50 | 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): 8.64%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.67%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 1.25x
- Recent ROE (8.64%) is below the historical average (14.41%), 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 |
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: $8,233,598,031
- Average return on equity (ROE) among peers: 14.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Atul Limited (ATUL) | Rs59.88 Billion | 9.90% | 0.25x | $2.17 Billion |
| Aarti Industries Limited (AARTIIND) | $16.55 Billion | 20.11% | 1.65x | $1.99 Billion |
| Aarti Surfactants Limited (AARTISURF) | $1.11 Billion | 1.88% | 1.36x | $37.34 Million |
| ABM International Limited (ABMINTLLTD) | $161.33 Million | 4.08% | 2.02x | $4.23 Million |
| Advanced Enzyme Technologies Limited (ADVENZYMES) | $1.66 Billion | 30.02% | 1.39x | $420.87 Million |
| Aether Industries Limited (AETHER) | $22.26 Billion | 7.12% | 0.19x | $1.68 Billion |
| Akzo Nobel India Limited (AKZOINDIA) | $9.20 Billion | 20.25% | 0.96x | $1.45 Billion |
| Alkali Metals Limited (ALKALI) | $528.67 Million | 5.51% | 1.00x | $7.38 Million |
| Alkyl Amines Chemicals Limited (ALKYLAMINE) | $980.47 Million | 17.95% | 1.88x | $838.56 Million |
| Ami Organics Limited (AMIORG) | $576.82 Million | 32.06% | 1.70x | $1.18 Billion |
| Anupam Rasayan India Limited (ANURAS) | $29.31 Billion | 4.39% | 0.57x | $1.65 Billion |
About Atul Limited
Atul Ltd manufactures and sells chemicals and other chemical products worldwide. It operates in two segments: Life Science Chemicals and Performance and Other Chemicals. The company offers aromatics, such as 2 nitro para cresol, 2-methylcyclohexyl acetate, allyl caproate and heptanoate, ambrettolide, anethole, cresol mixture, manganese sulphate monohydrate, ortho cresol and methoxy toluene, pheny… Read more