Amal

What does Amal do?

Amal Ltd manufactures and markets specialty bulk chemicals and operates in the micro-cap market. As of March 2025, it reported net sales of ₹39 Cr and a net profit of ₹7 Cr, with a market cap of ₹766 Cr.

Overview: <BR>Amal Ltd is engaged in manufacturing and marketing bulk chemicals, specifically in the specialty chemicals industry, and operates within the micro-cap market.<BR><BR>History: <BR>Amal Ltd was incorporated in July 1974. The company underwent a change in controlling interest when it was sold to Atul Ltd of the Lalbhai Group in 1985-86. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 39 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 7 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 766 Cr (Micro Cap) <BR><BR>Key Metrics: <BR>P/E: 26.00 <BR>Industry P/E: 31 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.23 <BR>Return on Equity: 29.54% <BR>Price to Book: 7.57 <BR><BR>Contact Details: <BR>Address: 310-B Veer Savarkar Marg, Dadar (West) Mumbai Maharashtra : 400028 <BR>Tel: 91-22-39876000/39876042 <BR>Email: sec@amal.co.in/amal@amal.co.in <BR>Website: http://www.amal.co.in

Who are in the management team of Amal?

As of March 2023, the management team of Amal includes Chairman Sunil S Lalbhai, Managing Director Rajeev Kumar, and several directors, including independent directors Sujal A Shah, Abhay R Jadeja, Mahalakshmi Subramanian, and Jyotin Mehta, along with Company Secretary Ankit T Mankodi. Each member contributes to the company's governance and management.

As of March 2023, the management team of Amal includes the following individuals:<BR><BR>1. Sunil S Lalbhai - Chairman (Non-Executive)<BR>2. T R Gopi Kannan - Director<BR>3. Sujal A Shah - Independent Director<BR>4. Abhay R Jadeja - Independent Director<BR>5. Mahalakshmi Subramanian - Independent Director<BR>6. Ankit T Mankodi - Company Secretary & Compliance Officer<BR>7. Rajeev Kumar - Managing Director<BR>8. Jyotin Mehta - Independent Director<BR><BR>Each member plays a crucial role in the governance and management of the company.

Has Amal declared dividend?

No Dividend History Available

Who are the peers of the Amal?

Amal's peers include Pidilite Inds., SRF, Gujarat Fluoroch, Deepak Nitrite, Himadri Special, Sunshield Chem., Plastiblends (I), Indokem, Bhatia Colour, and Black Rose Indus. In terms of performance, Amal has a good growth rate and a 1-year return of 49.75%, while Bhatia Colour leads with 561.32% return, and Deepak Nitrite has the lowest at -9.57%.

Peers: The peers of Amal are Pidilite Inds., SRF, Gujarat Fluoroch, Deepak Nitrite, Himadri Special, Sunshield Chem., Plastiblends (I), Indokem, Bhatia Colour, and Black Rose Indus.<BR><BR>Quality Snapshot: Excellent management risk is observed at Pidilite Inds., SRF, and Deepak Nitrite, while Average management risk is found at Gujarat Fluoroch, Himadri Special, Amal, Sunshield Chem., and Black Rose Indus. Below Average management risk is noted at Indokem and Bhatia Colour. For Growth, Excellent growth is seen at Himadri Special, while Good growth is noted at Amal and the rest. Average growth is observed at Pidilite Inds., SRF, and the rest, while Below Average growth is found at Gujarat Fluoroch, Deepak Nitrite, Sunshield Chem., Plastiblends (I), Indokem, and Bhatia Colour. In terms of Capital Structure, Excellent capital structure is seen at Pidilite Inds., SRF, and Plastiblends (I), while Good capital structure is noted at Gujarat Fluoroch and Himadri Special, Average capital structure is found at Amal and Bhatia Colour, and Below Average capital structure is observed at Sunshield Chem. and Indokem.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Bhatia Colour at 561.32%, while the peer with the lowest 1-year return is Deepak Nitrite at -9.57%. Amal's 1-year return of 49.75% is significantly higher than Deepak Nitrite's but lower than Bhatia Colour's. Additionally, peers with negative six-month returns include Deepak Nitrite, Sunshield Chem., and Black Rose Indus.

Is Amal overvalued or undervalued?

As of January 12, 2024, Amal is considered very expensive with a PE ratio of 26.53 and an EV to EBITDA of 17.42, significantly overvalued compared to peers like Sudarshan Chemicals and Kiri Industries, despite outperforming the Sensex with a 1-year return of 76.66%.

As of 12 January 2024, the valuation grade for Amal has moved from risky to very expensive, indicating a significant shift in its perceived market value. The company is currently considered overvalued. Key ratios include a PE Ratio of 26.53, an EV to EBITDA of 17.42, and a ROCE of 44.58%. <BR><BR>In comparison to its peers, Amal's valuation stands out as very expensive, especially when contrasted with Sudarshan Chemicals, which has a PE of 71.32, and Kiri Industries, which has a PE of 13.72. This suggests that while Amal's performance metrics are strong, its valuation may not be justified relative to its peers. Additionally, Amal has significantly outperformed the Sensex in recent periods, with a 1-year return of 76.66% compared to the Sensex's 7.62%, further emphasizing the disparity between its stock price and intrinsic value.

When is the next results date for Amal?

The next results date for Amal is July 11, 2025.

The next results date for Amal is scheduled for July 11, 2025.

Who are the top shareholders of the Amal?

The top shareholders of Amal are primarily its promoters, with Atul Finserv Limited owning 48.48%. Individual investors hold 26.78%, while mutual funds own a minimal 0.01%, and there are no foreign institutional investors.

The top shareholders of Amal are primarily its promoters, with Atul Finserv Limited holding the largest share at 48.48%. Additionally, individual investors collectively own 26.78% of the company. There are also three mutual fund schemes that hold a very small percentage, specifically 0.01%, but there are no foreign institutional investors (FIIs) involved. Overall, the majority of the ownership is concentrated with the promoters and individual investors.

How big is Amal?

As of 24th July, Amal Ltd has a market capitalization of 1,325.00 Cr, with Net Sales of 162.12 Cr and a Net Profit of 38.25 Cr reported in the latest four quarters. Shareholder's Funds are 69.89 Cr and Total Assets amount to 106.41 Cr as of March 2024.

As of 24th July, Amal Ltd has a market capitalization of 1,325.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, Amal Ltd reported Net Sales of 162.12 Cr and a Net Profit of 38.25 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with Shareholder's Funds amounting to 69.89 Cr and Total Assets of 106.41 Cr.

Are Amal latest results good or bad?

Amal's latest results show strong revenue growth of 63.70% year-on-year, but profitability is concerning, with a 38.07% decline in net profit compared to last year and significant margin compression. Overall, while revenue performance is impressive, the challenges in profitability suggest a mixed outlook for investors.

Amal's latest results present a mixed picture. On one hand, the company achieved impressive revenue growth of 63.70% year-on-year, with net sales reaching ₹18.58 crores, which is a significant sequential improvement of 29.93% from the previous quarter. This strong top-line performance aligns with Amal's five-year sales compound annual growth rate of 54.69%, indicating robust demand in the bulk chemicals sector.<BR><BR>However, the profitability metrics reveal significant challenges. The net profit for Q2 FY26 was ₹1.09 crores, showing a remarkable 473.68% increase quarter-on-quarter, but it represents a decline of 38.07% compared to the same quarter last year. Additionally, the operating margin has contracted sharply to 10.55% from 24.93% a year ago, indicating pressure on operational efficiency and profitability.<BR><BR>The profit after tax margin also declined to 5.87% from 15.51% a year earlier, although it improved from a low of 1.33% in the previous quarter. This volatility in margins raises concerns about the company's ability to maintain consistent profitability, especially given the pressures from raw material costs and pricing dynamics in the market.<BR><BR>In summary, while Amal demonstrates strong revenue growth and capital efficiency, the significant margin compression and earnings volatility suggest that the results are not entirely positive. Investors may need to monitor the company's operational stability closely moving forward.

How has been the historical performance of Amal?

Amal has shown significant growth from March 2023 to March 2025, with net sales increasing from 61.32 Cr to 135.32 Cr, and a turnaround in profitability from losses to a profit before tax of 32.61 Cr. Key metrics such as operating profit and earnings per share also improved markedly, indicating a strong recovery and financial stability.

Answer:<BR>The historical performance of Amal shows significant growth in various financial metrics over the years, particularly from March 2023 to March 2025.<BR><BR>Breakdown:<BR>Amal's net sales have increased dramatically from 61.32 Cr in March 2023 to 135.32 Cr in March 2025, reflecting a strong upward trend. Total operating income followed a similar trajectory, rising from 61.32 Cr in March 2023 to 135.32 Cr in March 2025. Despite the increase in raw material costs, which rose from 47.54 Cr in March 2023 to 64.08 Cr in March 2025, the company managed to improve its operating profit (PBDIT) from a loss of 5.59 Cr in March 2023 to a profit of 43.84 Cr in March 2025. This led to a profit before tax of 32.61 Cr in March 2025, a significant recovery from a loss of 15.69 Cr in March 2023. Profit after tax also saw a remarkable increase, moving from a loss of 16.11 Cr in March 2023 to a profit of 29.29 Cr in March 2025. The earnings per share (EPS) surged from -11.83 in March 2023 to 23.7 in March 2025, indicating a strong recovery in profitability. On the balance sheet, total assets increased from 118.33 Cr in March 2023 to 121.63 Cr in March 2025, while total liabilities decreased significantly from 106.41 Cr in March 2024 to 121.63 Cr in March 2025, reflecting improved financial stability. Cash flow from operating activities also improved, showing a positive cash flow of 49 Cr in March 2025 compared to a negative cash flow of 10 Cr in March 2023. Overall, Amal's financial performance demonstrates a strong recovery and growth trajectory over the past few years.

Is Amal technically bullish or bearish?

As of December 1, 2025, Amal's technical trend is neutral with mixed signals, showing short-term bullishness but long-term bearishness across various indicators, indicating uncertainty in market direction.

As of 1 December 2025, the technical trend for Amal has changed from mildly bullish to sideways. The current technical stance is neutral, with mixed signals across various indicators. The weekly MACD is bearish, while the monthly MACD is mildly bearish, indicating a lack of momentum. The weekly RSI is bullish, contrasting with the monthly RSI which is bearish, suggesting short-term strength but long-term weakness. The daily moving averages are mildly bullish, providing some support. However, the Bollinger Bands are bearish on the weekly chart and mildly bullish on the monthly chart, adding to the mixed signals. Dow Theory shows no trend in both weekly and monthly time frames, further indicating uncertainty. Overall, the technical indicators reflect a neutral stance with no clear direction.

Should I buy, sell or hold Amal Ltd?

Which are the latest news on Amal?

Why is Amal Ltd falling/rising?

As of 02-Feb, Amal Ltd's stock price is rising to 465.40, reflecting a short-term positive trend despite significant long-term challenges, including underperformance relative to the market and declining investor interest. The stock is also trading below key moving averages and is close to its 52-week low.

As of 02-Feb, Amal Ltd's stock price is rising, currently at 465.40, with a change of 7.45 (1.63%) upward. This increase can be attributed to a few key factors. Firstly, the stock has been gaining for the last two days, showing a return of 2.12% during this period, which indicates a short-term positive trend. Additionally, it has outperformed its sector by 1.2% today, suggesting that it is performing better relative to its peers.<BR><BR>However, it is important to note that despite this recent rise, the stock is still facing significant challenges. It is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a longer-term downward trend. Furthermore, the stock is close to its 52-week low, being only 3.3% away from the low of Rs 450.05. <BR><BR>Investor participation has also decreased, with delivery volume falling by 46.33% compared to the 5-day average, which may signal waning interest among investors. While the company has shown healthy long-term growth with net sales increasing at an annual rate of 48.59% and profits rising by 19.1% over the past year, the stock has significantly underperformed the market, with a return of -43.93% compared to the BSE500's 5.48% return over the same period.<BR><BR>In summary, while Amal Ltd's stock is experiencing a short-term rise, it is still grappling with long-term performance issues and declining investor interest, which could impact its future price movements.