Chemical sector company smallcap company have given good results with 80 percent increase in YOY revenue and net profit also seen a good performance 

Results Overview:

AMAL LTD  have posted highest ever Revenue and it posted a 80 percent increase in QOQ Revenue from Q1 FY23 was Rs. 21.3 crore to Q4 FY24 is 39.2 crore and net profit increased from 170.46 lakhs to  677.84 lakhs for the same period.

Financial Overview of The Company:

With a Market Captilization Rs. 813.22 crore and price to earning(P/E) of 35.54, Three year sales CAGR is 23.4 and  company turns profitable in FY24 and also posted it's highest ever sales numbers in FY24. Company targets a 25 to 30 percent growth in revenue and profit for the year of FY25. 

About The Company:

AMAL LTD is a chemical company engaged in manufacturing and marketing of products based on Sulphur. The plant is located in Ankleshwar, Gujarat, India. The Company was promoted by Piramal Group in 1974-75 and the controlling stake was sold to Atul Ltd in 1985-86.

Products of The Company:

Company manufacture bulk chemicals such as Sulphuric acid and Oleum and their downstream products like Sulphur dioxide and Sulphur trioxide. These products find their use in several industries like Dyes, Fertiliser, Personal Care, Petrochemical, Pharmaceutical and Textile.

Disclamier:

This article is purely for knowledge purpose before buying and selling please conatct your financial advisor.