Amal Share Price & Earnings Call Analysis

₹558.70+1.17% today
Market cap
₹691 Cr
P/E
23.17
ROE
20.39%
PEG
0.47
Price to sales
1.89
Debt to equity
0.00
52W high / low
₹941 / ₹413
Sales growth (5Y)
51.11%
EBITDA margin
11.20%
Net profit margin
9.34%
Promoter holding
71.35%
Sales (last year)
₹366 Cr

Incorporated in 1974, Amal Ltd manufactures bulk chemicals and their downstream products[1]

Potential multibaggers · Q2 FY27

Potential multibaggers in Chemicals & Petrochemicals
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3

Portfolio builder

Build your portfolio
from the top-ranked stocks

  1. 1. Pick 3–15 stocks
  2. 2. Choose large, mid or small cap and your sectors
  3. 3. Get a portfolio built from the rankings
Build my portfolio

Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Chemicals & Petrochemicals companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 0–2%₹234 Cr3.0
240%+Flat₹3,888 Cr48.5
340%+Flat₹3,514 Cr4.3
440%+Flat₹180 Cr11.9
540%+Flat₹138 Cr15.1
620–40%Up 2%+₹1.70L Cr85.4

Financials of Amal

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Amal

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +17.3516.8122.2025.8721.2120.5130.0645.7938.9647.3154.0062.5975.74
Expenses +17.7216.7216.9919.8017.2217.4220.7225.3928.4835.6845.4054.5068.39
Operating Profit-0.370.095.216.073.993.099.3420.4010.4811.638.608.097.35
OPM %-2.13%0.54%23.47%23.46%18.81%15.07%31.07%44.55%26.90%24.58%15.93%12.93%9.70%
Other Income +0.800.020.020.060.070.070.090.080.280.440.470.590.74
Interest1.500.960.980.930.850.710.910.240.170.140.140.230.14
Depreciation2.272.212.282.322.232.292.302.292.322.342.302.322.35
Profit before tax-3.34-3.061.972.880.980.166.2217.958.279.596.636.135.60
Tax %17.96%-13.40%12.69%21.18%62.24%-181.25%11.25%7.86%18.14%1.98%8.60%17.94%65.89%
Net Profit +-3.95-2.651.712.270.370.455.5316.546.789.406.065.021.90
EPS in Rs-3.20-2.141.381.840.300.364.4713.385.487.604.904.061.54

Financials of Amal

Profit & Loss

Annual income statement trend

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +3330436186135240
Expenses +191940677192204
Operating Profit14114-6154436
OPM %43%37%9%-9%18%32%15%
Other Income +2101002
Interest2114421
Depreciation1127999
Profit before tax13112-1633328
Tax %28%19%31%3%39%10%20%
Net Profit +991-1622922
EPS in Rs7.417.100.90-13.031.3823.6918.10
Dividend Payout %0%0%0%0%0%4%8%

Financials of Amal

Balance Sheet

Capital structure and asset base

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital99912121212
Reserves162526565887108
Borrowings +4651352400
Other Liabilities +481415132234
Total Liabilities3448100118106122154
Fixed Assets +1091490868077
CWIP07661103
Investments15200012037
Other Assets +10121927192138
Total Assets3448100118106122154

Financials of Amal

Cash Flows

Operating, investing and financing cash movement

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +1410-1-10215022
Cash from Investing Activity +-5-11-43-16-9-22-22
Cash from Financing Activity +-904429-14-25-1
Net Cash Flow00-03-23-1
Free Cash Flow143-64-26134615
CFO/OP134%116%-105%172%144%119%61%

Financials of Amal

Ratios

Working capital efficiency and return ratios

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days80581125232730
Inventory Days38533426283325
Days Payable971204231366838
Cash Conversion Cycle21-1042115-917
Working Capital Days49-12-51-41-6-1162
ROCE %33%4%-12%7%36%26%
15out of 100

Momentum score · price trend

15 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months−22.9%31%
Last 6 months−7.3%42%
Last 3 months−28.9%5%

The price is 47.1% below its all-time high of ₹1,044.9 (25 Jul 2025). Stocks more than 20% below their peak have their score halved, so 31 became 15.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Amal: 0.4 × 31 + 0.4 × 42 + 0.2 × 5 = 31, halved to 15 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 2 Nov 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

Others in Chemicals & Petrochemicals this season

  • J.G.Chemicals (Q2 FY27)

    Q2 FY27 Revenue from Operations: ₹3,610 million, up 63.9% YoY (₹2,203 million in Q2 FY26) (Page 23) . Key investor presentation takeaways from J.G.Chemicals Ltd

  • Lords Chloro (Q2 FY27)

    115.40 Crore, up 17.34% YoY from Rs. Key investor presentation takeaways from Lords Chloro Alkali Ltd's Q2 FY27 investor presentation — and how it ranks against

  • Camlin Fine (Q2 FY27)

    Q2 FY27 revenue: Rs 4,915 mn, up 9.15% YoY from Rs 4,503 mn in Q2 FY26 (Page 6, 9) . Key investor presentation takeaways from Camlin Fine Sciences Ltd's Q2 FY27

  • Gujarat Fluoroch (Q2 FY27)

    Consolidated Q2FY27 revenue: ₹1,760 crore, up 45% YoY (Q2FY26: ₹1,210 crore). Key investor presentation takeaways from Gujarat Fluorochemicals Ltd's Q2 FY27 inv