Amal Ltd: Intrinsic Value & Share Price Analysis

Q: What is the intrinsic value of Amal Ltd and is it undervalued?

As of 30 April 2026, Amal Ltd's intrinsic value is 414.09, which is 26.97% lower than the current market price of 567.00, suggesting the stock is overvalued. Calculated using the PE ratio method factoring in ROE (20.4 %), book value (97.4), dividend yield (0.18 %), and 5-year EPS CAGR.

Q: What is the current share price and 52-week range of Amal Ltd?

Amal Ltd is trading at 567.00 as of 30 April 2026, with a FY2026-2027 high of 1,148 and low of 408. The stock is currently near its 52-week low. Market cap stands at 701 Cr..

Q: Is Amal Ltd financially healthy?

Key indicators: ROCE of 26.0 % indicates efficient capital utilization. Dividend yield is 0.18 %.

Q: Is Amal Ltd profitable and how is the profit trend?

Amal Ltd reported a net profit of 29 Cr in Mar 2025 on revenue of 135 Cr. Compared to 1 Cr in Mar 2022, the net profit shows an improving trend.

Fair Value

₹498.43Overvalued by 12.09%vs CMP ₹567.00

P/E (31.3) × ROE (20.4%) × BV (₹97.40) × DY (0.18%)

₹414.09Overvalued by 26.97%vs CMP ₹567.00

MoS: -36.9% (Negative)Confidence: 53/100 (Moderate)Models: 1 Under, 2 Fair, 6 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹944.93	23%	Under (+66.7%)
Graham Number	Earnings	₹219.77	17%	Over (-61.2%)
Earnings Power	Earnings	₹23.59	11%	Over (-95.8%)
DCF	Cash Flow	₹535.80	11%	Fair (-5.5%)
Net Asset Value	Assets	₹91.40	7%	Over (-83.9%)
EV/EBITDA	Enterprise	₹514.43	9%	Fair (-9.3%)
Earnings Yield	Earnings	₹220.40	7%	Over (-61.1%)
ROCE Capital	Returns	₹222.25	9%	Over (-60.8%)
Revenue Multiple	Revenue	₹163.79	6%	Over (-71.1%)
Consensus (9 models)		₹414.09	100%	Overvalued

Key Drivers: EPS CAGR 89.6% lifts DCF — verify sustainability. | Wide model spread (₹24–₹945) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 89.6%

*Investments are subject to market risks

Analyst Summary

Amal Ltd operates in the Dyes & Pigments segment, NSE: AMAL | BSE: 506597, current market price is ₹567.00, market cap is 701 Cr.. At a glance, stock P/E is 31.3, ROE is 20.4 %, ROCE is 26.0 %, book value is 97.4, dividend yield is 0.18 %. The latest intrinsic value estimate is ₹414.09, around 27.0% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹135 Cr versus the prior period change of 57.0%, while latest net profit is about ₹29 Cr with a prior-period change of 1,350.0%. The 52-week range shown on this page is 1,148/408, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisAmal Ltd. is a Public Limited Listed company incorporated on 04/07/1974 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L24100MH1974…

This summary is generated from the stock page data available for Amal Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

Amal Ltd scores 78/100 (Strong)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health84/100 · Strong

ROCE 26.0% ExcellentROE 20.4% ExcellentD/E 0.00 Low debtInterest Coverage 0.0x RiskyProfitable 4/5 years Consistent

Smart Money50/100 · Moderate

Promoter holding at 71.3% Stable

Earnings Quality75/100 · Strong

OPM expanding (0% → 25%) ImprovingWorking capital: -11 days (improving) Efficient

Quarterly Momentum68/100 · Strong

Revenue (4Q): +73% YoY AcceleratingProfit (4Q): +19% YoY PositiveOPM: 12.9% (down 31.6% YoY) Margin pressure

Industry Rank100/100 · Strong

P/E 31.3 vs industry 186.9 Cheaper than peersROCE 26.0% vs industry 10.2% Above peersROE 20.4% vs industry 8.1% Above peers3Y sales CAGR: 46% High growth

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 26, 2026, 12:44 am

Market Cap	701 Cr.
Current Price	567
Intrinsic Value	₹414.09
High / Low	1,148/408
Stock P/E	31.3
Book Value	97.4
Dividend Yield	0.18 %
ROCE	26.0 %
ROE	20.4 %
Face Value	10.0
PEG Ratio	0.35

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Amal Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Amal Ltd	701 Cr.	567	1,148/408	31.3	97.4	0.18 %	26.0 %	20.4 %	10.0
Bhageria Industries Ltd	764 Cr.	175	246/128	14.5	132	0.86 %	8.66 %	6.68 %	5.00
Bodal Chemicals Ltd	841 Cr.	66.8	81.5/41.2	27.8	89.1	0.00 %	5.51 %	2.51 %	2.00
Heubach Colorants India Ltd	951 Cr.	412	621/400	13.8	241	0.00 %	15.2 %	11.6 %	10.0
Dynemic Products Ltd	289 Cr.	233	416/191	16.3	188	0.00 %	10.0 %	7.04 %	10.0
Industry Average	1,120.86 Cr	271.23		186.90	187.29	0.43%	10.24%	8.11%	8.13

All Competitor Stocks of Amal Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	18.16	17.35	16.81	22.20	25.87	21.21	20.51	30.06	45.79	38.96	47.31	54.00	62.59
Expenses	18.79	17.72	16.72	16.99	19.80	17.22	17.42	20.72	25.39	28.48	35.68	45.40	54.50
Operating Profit	-0.63	-0.37	0.09	5.21	6.07	3.99	3.09	9.34	20.40	10.48	11.63	8.60	8.09
OPM %	-3.47%	-2.13%	0.54%	23.47%	23.46%	18.81%	15.07%	31.07%	44.55%	26.90%	24.58%	15.93%	12.93%
Other Income	0.01	0.80	0.02	0.02	0.06	0.07	0.07	0.09	0.08	0.28	0.44	0.47	0.59
Interest	1.27	1.50	0.96	0.98	0.93	0.85	0.71	0.91	0.24	0.17	0.14	0.14	0.23
Depreciation	2.00	2.27	2.21	2.28	2.32	2.23	2.29	2.30	2.29	2.32	2.34	2.30	2.32
Profit before tax	-3.89	-3.34	-3.06	1.97	2.88	0.98	0.16	6.22	17.95	8.27	9.59	6.63	6.13
Tax %	12.34%	17.96%	-13.40%	12.69%	21.18%	62.24%	-181.25%	11.25%	7.86%	18.14%	1.98%	8.60%	17.94%
Net Profit	-4.38	-3.95	-2.65	1.71	2.27	0.37	0.45	5.53	16.54	6.78	9.40	6.06	5.02
EPS in Rs	-3.53	-3.20	-2.14	1.38	1.84	0.30	0.36	4.47	13.38	5.48	7.60	4.90	4.06

Last Updated: February 3, 2026, 7:16 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 26, 2026, 6:16 pm

Metric	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	33	30	43	61	86	135	203
Expenses	19	19	40	67	71	92	164
Operating Profit	14	11	4	-6	15	44	39
OPM %	43%	37%	9%	-9%	18%	32%	19%
Other Income	2	1	0	1	0	0	2
Interest	2	1	1	4	4	2	1
Depreciation	1	1	2	7	9	9	9
Profit before tax	13	11	2	-16	3	33	31
Tax %	28%	19%	31%	3%	39%	10%
Net Profit	9	9	1	-16	2	29	27
EPS in Rs	7.41	7.10	0.90	-13.03	1.38	23.69	22.04
Dividend Payout %	0%	0%	0%	0%	0%	4%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	0.00%	-88.89%	-1700.00%	112.50%	1350.00%
Change in YoY Net Profit Growth (%)	0.00%	-88.89%	-1611.11%	1812.50%	1237.50%

Amal Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 5 years from 2020-2021 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	33%
3 Years:	46%
TTM:	81%

Compounded Profit Growth
10 Years:	%
5 Years:	28%
3 Years:	199%
TTM:	697%

Stock Price CAGR
10 Years:	45%
5 Years:	40%
3 Years:	41%
1 Year:	172%

Return on Equity
10 Years:	%
5 Years:	9%
3 Years:	7%
Last Year:	35%

Last Updated: September 5, 2025, 2:11 pm

Balance Sheet

Last Updated: December 4, 2025, 2:20 am

Month	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	9	9	9	12	12	12	12
Reserves	16	25	26	56	58	87	101
Borrowings	4	6	51	35	24	0	0
Other Liabilities	4	8	14	15	13	22	25
Total Liabilities	34	48	100	118	106	122	139
Fixed Assets	10	9	14	90	86	80	78
CWIP	0	7	66	1	1	0	1
Investments	15	20	0	0	1	20	31
Other Assets	10	12	19	27	19	21	28
Total Assets	34	48	100	118	106	122	139

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	14	10	-1	-10	21	50	22
Cash from Investing Activity +	-5	-11	-43	-16	-9	-22	-22
Cash from Financing Activity +	-9	0	44	29	-14	-25	-1
Net Cash Flow	0	0	-0	3	-2	3	-1
Free Cash Flow	14	3	-64	-26	13	46	15
CFO/OP	134%	116%	-105%	172%	144%	119%	61%

Free Cash Flow

Month	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	10.00	5.00	-47.00	-41.00	-9.00	44.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	80	58	11	25	23	27
Inventory Days	38	53	34	26	28	33
Days Payable	97	120	42	31	36	68
Cash Conversion Cycle	21	-10	4	21	15	-9
Working Capital Days	49	-12	-51	-41	-6	-11
ROCE %		33%	4%	-12%	7%	36%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	71.33%	71.32%	71.32%	71.32%	71.32%	71.32%	71.34%	71.34%	71.34%	71.34%	71.34%	71.34%
DIIs	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%
Public	28.66%	28.66%	28.65%	28.67%	28.65%	28.67%	28.64%	28.64%	28.64%	28.65%	28.65%	28.64%
No. of Shareholders	13,664	13,464	13,315	13,324	13,532	13,821	13,599	13,783	14,495	14,995	18,828	18,572

Shareholding Pattern Chart

No. of Shareholders

Amal Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	23.69	1.23	-17.05	1.18	9.33
Diluted EPS (Rs.)	23.69	1.23	-17.05	1.18	9.33
Cash EPS (Rs.)	31.13	8.69	-7.61	2.98	10.35
Book Value[Excl.RevalReserv]/Share (Rs.)	80.22	56.53	55.31	37.50	36.34
Book Value[Incl.RevalReserv]/Share (Rs.)	80.22	56.53	55.31	37.50	36.34
Revenue From Operations / Share (Rs.)	109.46	69.64	49.60	46.13	32.28
PBDIT / Share (Rs.)	35.46	12.57	-3.86	4.53	13.26
PBIT / Share (Rs.)	28.02	5.26	-9.27	2.73	12.24
PBT / Share (Rs.)	26.38	2.25	-12.69	1.72	11.47
Net Profit / Share (Rs.)	23.69	1.38	-13.03	1.18	9.33
NP After MI And SOA / Share (Rs.)	23.69	1.38	-13.03	1.18	9.33
PBDIT Margin (%)	32.39	18.04	-7.77	9.81	41.07
PBIT Margin (%)	25.59	7.55	-18.69	5.91	37.93
PBT Margin (%)	24.10	3.22	-25.58	3.72	35.54
Net Profit Margin (%)	21.64	1.97	-26.26	2.55	28.91
NP After MI And SOA Margin (%)	21.64	1.97	-26.26	2.55	28.91
Return on Networth / Equity (%)	29.53	2.43	-23.55	3.13	25.68
Return on Capital Employeed (%)	34.40	7.29	-12.27	3.29	29.18
Return On Assets (%)	24.08	1.60	-13.60	1.10	18.18
Long Term Debt / Equity (X)	0.00	0.26	0.35	1.19	0.00
Total Debt / Equity (X)	0.00	0.33	0.50	1.44	0.00
Asset Turnover Ratio (%)	1.19	0.76	0.56	0.91	0.76
Current Ratio (X)	1.89	0.99	0.84	0.73	3.11
Quick Ratio (X)	1.61	0.79	0.70	0.61	2.95
Inventory Turnover Ratio (X)	29.38	15.37	18.40	15.57	10.54
Interest Coverage Ratio (X)	21.62	4.17	-1.13	4.49	17.15
Interest Coverage Ratio (Post Tax) (X)	15.44	1.46	-2.81	2.17	13.08
Enterprise Value (Cr.)	823.78	458.80	256.24	439.19	359.82
EV / Net Operating Revenue (X)	6.09	5.33	4.18	10.10	11.83
EV / EBITDA (X)	18.79	29.53	-53.74	102.89	28.80
MarketCap / Net Operating Revenue (X)	6.11	5.06	3.66	8.93	11.85
Price / BV (X)	8.34	6.24	3.28	10.98	10.52
Price / Net Operating Revenue (X)	6.11	5.06	3.66	8.93	11.85
EarningsYield	0.03	0.00	-0.07	0.00	0.02

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Amal Ltd. is a Public Limited Listed company incorporated on 04/07/1974 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L24100MH1974PLC017594 and registration number is 017594. Currently Company is involved in the business activities of Manufacture of basic chemicals, fertilizer and nitrogen compounds, plastics and synthetic rubber in primary forms. Company's Total Operating Revenue is Rs. 84.91 Cr. and Equity Capital is Rs. 12.36 Cr. for the Year ended 31/03/2026.

INDUSTRY	ADDRESS	CONTACT
Dyes & Pigments	310 B, Veer Savarkar Marg, Dadar (West), Mumbai Maharashtra 400028	Contact not found

Management
Name	Position Held
Mr. Sunil Lalbhai	Chairman
Mr. Rajeev Kumar	Managing Director
Mr. Gopi Kannan Thirukonda	Director
Ms. Dipali Sheth	Director
Ms. Mahalakshmi Subramanian	Director
Ms. Drushti Desai	Director
Mr. Jyotin Mehta	Director
Mr. Venkatraman Srinivasan	Director

FAQ

What is the intrinsic value of Amal Ltd and is it undervalued?

As of 30 April 2026, Amal Ltd's intrinsic value is ₹414.09, which is 26.97% lower than the current market price of ₹567.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (20.4 %), book value (₹97.4), dividend yield (0.18 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Amal Ltd?

Amal Ltd is trading at ₹567.00 as of 30 April 2026, with a FY2026-2027 high of ₹1,148 and low of ₹408. The stock is currently near its 52-week low. Market cap stands at ₹701 Cr..

How does Amal Ltd's P/E ratio compare to its industry?

Amal Ltd has a P/E ratio of 31.3, which is below the industry average of 186.90. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is Amal Ltd financially healthy?

Key indicators for Amal Ltd: ROCE of 26.0 % indicates efficient capital utilization; ROE of 20.4 % shows strong shareholder returns. Dividend yield is 0.18 %.

Is Amal Ltd profitable and how is the profit trend?

Amal Ltd reported a net profit of ₹29 Cr in Mar 2025 on revenue of ₹135 Cr. Compared to ₹1 Cr in Mar 2022, the net profit shows an improving trend.

Does Amal Ltd pay dividends?

Amal Ltd has a dividend yield of 0.18 % at the current price of ₹567.00. The company pays dividends, though the yield is modest.