Atul slides after Q2 PAT declines 13% YoY to Rs 156 cr

Revenue from operations increased 20.96% YoY to Rs 1,877.04 crore in the quarter ended 30 September 2026.

The company's total expenses rose 24.98% YoY to Rs 1,712.53 crore from Rs 1,370.25 crore in the year-ago period. The cost of materials consumed climbed 29.37% YoY to Rs 1,071.97 crore, while employee benefit expenses increased 5.25% YoY to Rs 127.48 crore. Finance costs, however, declined 18.40% YoY to Rs 3.99 crore.

Profit before tax (PBT) declined 7.31% to Rs 214.38 crore in Q2 FY27 compared with Rs 231.28 crore in Q2 FY26.

Atul?s board approved a share buyback of up to Rs 90 crore at a maximum price of Rs 7,500 per equity share through the open market via stock exchanges. The buyback size excludes transaction costs and other related expenses. At the maximum buyback price, the company could repurchase up to 1.2 lakh equity shares, representing 0.41% of its outstanding equity shares.

The actual number of shares bought back will depend on the price paid and the total amount deployed, subject to the approved buyback size. The buyback will exclude promoters, members of the promoter group and persons in control of the company. The board has also constituted a buyback committee to oversee the process.

Atul is mainly in the business of life science chemicals and performance and other chemicals and caters to the needs of varied industries across the world such as adhesives, agriculture, animal feed, automobile, composites, construction, cosmetic, defense, dyestuff, electrical and electronics, flavor, food, footwear, fragrance, glass, home care, horticulture, hospitality, paint and coatings, paper, personal care, pharmaceutical, plastic, polymer, rubber, soap and detergent, sport and leisure, textile, tyre and wind energy.

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