Atul Share Price Target 2027: 21.1% Upside to Rs 6,296, Bull Case Rs 7,541
- November 13, 2026
- Posted by: Ankit Jaiswal
- Category: Market
Atul share price Rs 5,199.00 (13 November 2026). Base target Rs 6,296, bull Rs 7,541, downside risk Rs 4,198. PE 19.62. 52W range Rs 4,995.00 to Rs 7,180.00.
Quick Answer
The Atul share price target for 2027 is Rs 6,296, about 21.1% above the current price of Rs 5,199.00. The bull case is Rs 7,541, and the downside risk level, which is not a target, is Rs 4,198. The base case assumes earnings per share grow 20.0% a year, a cap applied because the FY24 to FY26 pace was 45.0%, with the stock holding its PE of 19.62. These are model-based estimates built from reported financials, not guaranteed outcomes.
Investors weighing a Atul target price for 2027 should start with where the stock sits today. At Rs 5,199.00 on 13 November 2026, it is 27.6% below its 52-week high of Rs 7,180.00 and 4.1% above its 52-week low of Rs 4,995.00. That range spans 44% from low to high, so the entry point matters as much as the Atul price forecast itself.
This article builds the Atul share price target from reported numbers only: five years of annual results, the last five quarters, the latest shareholding pattern and current valuation ratios from company filings and exchange data. Each scenario states its assumptions, so you can trace how the base case, the bull case and the downside risk level were reached and test them against your own view.
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Atul Stock Analysis: Company Overview and Key Stats
Atul (NSE: ATUL) has a market capitalisation of Rs 15,448 crore. In FY26 it reported revenue of Rs 6,476 crore and net profit of Rs 689.39 crore. The table collects the figures the Atul share price target is built on.
| Metric | Value |
|---|---|
| Company | Atul |
| NSE Ticker | ATUL |
| CMP (13 November 2026) | Rs 5,199.00 |
| 52-Week High | Rs 7,180.00 |
| 52-Week Low | Rs 4,995.00 |
| Market Cap | Rs 15,448 crore |
| PE Ratio (TTM) | 19.62 |
| Industry PE | 33.54 |
| Price to Book | 2.35 |
| Return on Equity | 11.73% |
| Debt to Equity | 0.03 |
| EPS (TTM) | Rs 267.40 |
| Dividend Yield | 0.57% |
| 12-Month Base Target | Rs 6,296 |
| Bull Case | Rs 7,541 |
| Downside Risk Level (not a target) | Rs 4,198 |
Why Is Atul Share Price Target Set at Rs 6,296 for 2027?
The arithmetic is short. Trailing EPS of Rs 267.40 grown for one year gives a forward EPS estimate of Rs 320.88, and multiplying it by the unchanged PE of 19.62 gives the Rs 6,296 base-case Atul stock target. The bull case adds faster earnings growth and a higher multiple, while the downside risk level assumes flat earnings and a lower multiple.
Earnings Growth Behind the Atul Target Price: Five Years of Results
Atul grew revenue from Rs 5,157 crore in FY22 to Rs 6,476 crore in FY26, a compound annual growth rate of 5.9%. Net profit grew more slowly, from Rs 604.74 crore to Rs 689.39 crore (3.3% a year), which points to margin pressure alongside the sales growth.
| Financial Year | Revenue (Rs Cr) | Net Profit (Rs Cr) | EPS (Rs) | Dividend per Share (Rs) |
|---|---|---|---|---|
| FY22 | 5,156.89 | 604.74 | 204.23 | 25.00 |
| FY23 | 5,542.39 | 506.63 | 174.15 | 32.50 |
| FY24 | 4,783.87 | 324.12 | 109.54 | 20.00 |
| FY25 | 5,692.38 | 498.83 | 164.37 | 25.00 |
| FY26 | 6,476.44 | 689.39 | 230.25 | 30.00 |
FY26 revenue growth was 13.8%, faster than the four-year average of 5.9%, and net profit moved up 38.2%. EPS rose from Rs 109.54 in FY24 to Rs 230.25 in FY26. The FY27 outlook for the Atul price target depends on whether that EPS estimate keeps compounding.
Margins and the Latest Quarter
Atul converted 10.6% of FY26 revenue into net profit, against 8.8% in FY25, within a five-year range of 6.8% to 11.7%. EBITDA margin was 19.1% in FY26 versus 18.2% in FY25.
In the September 2026 quarter, revenue was Rs 1,925 crore, up 20.3% from the same quarter a year earlier, while net profit of Rs 158.71 crore was down 13.0%. EBITDA came in at Rs 295.04 crore, down 6.6% year on year. The next quarterly result is the first test of whether the earnings assumption behind the Atul stock target holds.
Balance Sheet and Cash Flow
Debt to equity stands at 0.03, and shareholders’ equity grew from Rs 4,460 crore in FY22 to Rs 6,297 crore in FY26. Operating cash flow in FY26 was Rs 1,023 crore against capital expenditure of Rs 174.87 crore, leaving free cash flow of Rs 847.90 crore, or 5.5% of the current market capitalisation. In FY25 free cash flow was Rs 332.95 crore.
Valuation Check for the Atul Stock Target: PE, Price to Book and ROE
At a PE of 19.62 against an industry PE of 33.54, Atul trades at a discount to its industry. Price to book is 2.35 on a book value of Rs 2,235.96 per share, and return on equity is 11.73%. A PE of 19.62 equals an earnings yield of 5.1%, and the FY26 dividend of Rs 30.00 per share gives a yield of 0.57%.
Shareholding Pattern and Institutional Holding
Promoters held 45.33% of Atul in September 2026, and promoter holding has stayed near 45.33% since September 2025. Foreign institutional investors (FII) held 8.90% and domestic institutions (DII) held 25.23%, which puts total institutional holding at 34.13%. FII holding rose from 8.31% in September 2025 to 8.90% in September 2026. Public shareholders own the remaining 20.53%. A meaningful institutional holding adds a layer of research coverage and trading depth.
Atul Share Price Targets for the Short Term and 12 Months
Short Term Atul Stock Target Levels: Technical Setup
At Rs 5,199.00 on 13 November 2026, Atul trades below its 50-day simple moving average of Rs 5,829.06 and below its 200-day exponential moving average of Rs 6,213.61. The 14-day RSI reads 40.7, which is neutral territory, and the MACD line sits above its signal line. The nearest resistance level is Rs 5,829.06 (50-day simple moving average) and the nearest support is Rs 4,995.00 (52-week low). A sustained move above Rs 5,829.06 would improve the short-term setup, while a close below Rs 4,995.00 would shift attention to the next support.
12 Month Atul Target Price for 2027
The 12-month target of Rs 6,296 means a move of 21.1% up from Rs 5,199.00 over the next 12 months. It would still leave the stock 12.3% below its 52-week high of Rs 7,180.00. Anyone checking the Atul share price target against their own view should focus on two inputs: the EPS estimate and the PE multiple.
How EPS Growth and PE Multiple Change the Atul Target Price
| EPS Growth | PE 15.70 | PE 19.62 | PE 22.56 |
|---|---|---|---|
| 0.0% (EPS Rs 267.40) | Rs 4,198 | Rs 5,246 | Rs 6,033 |
| 20.0% (EPS Rs 320.88) | Rs 5,038 | Rs 6,296 | Rs 7,239 |
| 25.0% (EPS Rs 334.25) | Rs 5,248 | Rs 6,558 | Rs 7,541 |
Each cell multiplies the forward EPS estimate by the PE shown. Reading across a row shows what a de-rating or re-rating does to the Atul price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.
Bull Case and Downside Risk for Atul Stock Target in 2027
Bull Case Rs 7,541
The bull case Atul price target needs EPS growth of 25.0%, which lifts forward EPS to Rs 334.25, and a PE multiple that rises 15% to 22.56. That gives Rs 7,541, 45.0% above the current price and above the 52-week high of Rs 7,180.00, so the stock would have to set a fresh 52-week high.
Downside Risk Level Rs 4,198
The downside risk level is not a target. It assumes EPS stays flat at Rs 267.40 and the PE falls 20% to 15.70. That gives Rs 4,198, 19.3% below the current price and below the 52-week low of Rs 4,995.00.
| Scenario | EPS Growth | PE Multiple | Price (Rs) | Change vs CMP |
|---|---|---|---|---|
| Bull Case | 25.0% | 22.56 | Rs 7,541 | +45.0% |
| Base Case | 20.0% | 19.62 | Rs 6,296 | +21.1% |
| Downside Risk | 0.0% | 15.70 | Rs 4,198 | -19.3% |
Key Risks to the Atul Target Price for 2027
Growth Slowdown Risk for the Atul Price Target
Revenue in the September 2026 quarter was up 20.3% year on year, and FY26 revenue growth was 13.8%. If growth slows from here, the EPS estimate behind the Atul stock target will need revising.
Liquidity and Size Risk
Atul has a market capitalisation of Rs 15,448 crore. Institutional holding is 34.13%, and promoters hold 45.33%. Stocks of this size are usually liquid, though exits can take longer than entries when the market is falling.
Valuation and Margin Risk
Net margin was 10.6% in FY26, so a small slip in costs moves profit noticeably. At a PE of 19.62 versus an industry PE of 33.54, a de-rating toward the downside-risk PE of 15.70 would cut the price even if earnings hold.
Market and Technical Risk
Technical indicators add short-term risk: the 14-day RSI is 40.7 and the MACD sits above its signal line. A broad fall in the Nifty 50 or the Sensex can override company fundamentals for weeks at a time. That applies to any Atul stock target, however carefully it is built.
How to Invest in Atul
Start with the live price and volume. Any Atul share price target is only as current as the data behind it, and the data here is as of 13 November 2026, so refresh the Rs 5,199.00 price before acting on any level.
Next, review the fundamentals yourself. The Univest Screener lets you check Atul’s PE, ROE, debt and shareholding in one place.
Check Atul fundamentals on the Univest Screener
Then compare the three Atul target price scenarios with your own view. If you expect EPS growth below 20.0%, the base case is too optimistic for you; if you expect more, the bull case deserves weight.
Decide your position size and exit levels before you buy. The support and resistance levels above can serve as reference points, but they are not recommendations.
Finally, place the order through a SEBI-registered broker or the Univest app, and review the position after each quarterly result. Consult a SEBI-registered advisor if you are unsure.
Download the Univest iOS App or Univest Android App to track Atul live price and get daily stock recommendations.
Conclusion
The Atul share price target for 2027 is Rs 6,296 in the base case, with Rs 7,541 as the bull case. The support for that view is arithmetic you can check: EPS grew 45.0% a year over FY24 to FY26, and the stock trades at a PE of 19.62. The risks are equally concrete, including a net margin of just 10.6% that leaves profit sensitive to costs and a downside scenario that cuts the price 19% if earnings stall. Use these numbers as a framework for judging the Atul price target, check them against the latest filings, and size any position to your own risk appetite.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Atul Share Price Target 2027
What is the Atul share price target for 2027?
Ans. The base-case Atul share price target for 2027 is Rs 6,296, which is 21.1% above the price of Rs 5,199.00 on 13 November 2026. The bull case is Rs 7,541 and the downside risk level, which is not a target, is Rs 4,198. All three come from one method: forward EPS multiplied by a PE multiple, using only reported results. They are model estimates and not guaranteed outcomes, and the next quarterly result is the first check on the EPS assumption.
What is the Atul share price today?
Ans. As of 13 November 2026, 9:21 AM IST, Atul (NSE: ATUL) trades at Rs 5,199.00, down 0.17% on the day. That is 27.6% below the 52-week high of Rs 7,180.00 and 4.1% above the 52-week low of Rs 4,995.00. The market capitalisation of Rs 15,448 crore places it among mid-cap stocks. Prices change through the trading session, so check the live quote before acting on any level in this article.
Is Atul a buy or sell at the current price?
Ans. The data points both ways. On the positive side, EPS has grown 45.0% a year over FY24 to FY26 and the base case implies 21.1% upside; on the cautious side, the net margin is a thin 10.6%, and the downside risk level of Rs 4,198 is 19% below the current price. Whether Atul fits your portfolio depends on your time horizon, position size and risk appetite. Consult a SEBI-registered advisor before investing, as this article is not investment advice.
What are the bull case target and downside risk level for Atul shares?
Ans. The bull case in the Atul share price target for 2027 is Rs 7,541, which assumes 25.0% EPS growth and a PE of 22.56, a 15% re-rating from today’s multiple. That is 45.0% above the current price and above the 52-week high of Rs 7,180.00, so the stock would have to set a fresh 52-week high. The downside risk level is Rs 4,198, which assumes flat EPS and a PE of 15.70, 20% lower than today. It sits 19.3% below the current price and below the 52-week low of Rs 4,995.00, and it marks a risk to watch, not a target.
What are the main risks to the Atul price target?
Ans. Four risks matter most for the Atul share price target: slower revenue or profit growth, a PE de-rating, thin liquidity or size risk, and weakness in the broader market. With a market capitalisation of Rs 15,448 crore, the stock is usually liquid, though exits can take longer than entries in a falling market. A fall to the downside-risk PE of 15.70 would cut the price even if earnings hold.
What is the PE ratio of Atul and how does it compare with the industry?
Ans. The PE ratio of Atul is 19.62, against an industry PE of 33.54, which is a discount to the industry. Price to book is 2.35 and return on equity is 11.73%, and the PE equals an earnings yield of 5.1%. The base case holds the PE unchanged, so the Atul share price target moves only with earnings, while the bull and downside scenarios change the multiple by +15% and -20%.
Who owns Atul, and what is the promoter holding?
Ans. Promoters held 45.33% of Atul in September 2026. FII held 8.90%, DII held 25.23% and the public held 20.53%. Together the two institutional groups hold 34.13%. Shareholding is filed every quarter, so it is worth rechecking after each result.
What were Atul’s latest quarterly results?
Ans. In the September 2026 quarter, Atul reported revenue of Rs 1,925 crore (up 20.3% year on year) and net profit of Rs 158.71 crore (down 13.0%). For comparison, FY26 full-year revenue growth was 13.8% and net profit moved up 38.2%. Each new quarter either supports or weakens the EPS growth of 20.0% assumed in the base case.
