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Amal Ltd (AMAL) Fair Value & Analysis

Basic Materials · IN · Market cap ₹7.3B

AL Amal Ltd AMAL · BSE
Price₹592.35
Fair Value₹290.76
Upside-50.9%
Quality53/100
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Evidence: High Range ₹218.07 – ₹759.75

Fair value as of: Jul 5, 2026

From 24 valuation models · updated today

Share price +10.3% over the past month.

Price vs Fair Value (12 months)

₹1,089 ₹413.15 Fair Value ₹290.76 Jul 2025 Jul 2026

12‑month range ₹413.15 – ₹1,089 · fair‑value band ₹218.07 – ₹759.75 · the ₹592.35 price screens above the ₹290.76 fair value. As of Jul 5, 2026.

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Analysis

Amal Ltd (AMAL) currently trades at ₹592.35, while our model-based Fair Value estimate is ₹290.76 — implying the stock looks roughly 50.9% overvalued today. We read business quality at 53/100 (solid quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Amal Ltd generated revenue of ₹2.4B at a net margin of 9.3%. Revenue grew 94.4% year over year. It earns a return on equity of 20.4%. Net debt stands at ₹228M. Fundamentals as of Jul 5, 2026

Key figures & financial health

Revenue (TTM) ₹2.4B
Revenue growth (YoY) +94.4%
Net margin 9.3%
Return on equity 20.4%
Free cash flow ₹149M FY2026
P/E ratio 32.7
More key figures
Operating margin 6.6%
EPS (TTM) ₹18.13
Dividend yield 0.3%
EPS growth (YoY) -71.9%
Net debt ₹228M FY2024

Figures from reported company fundamentals (EODHD) · as of Jul 5, 2026. TTM = trailing twelve months.

About the company

Amal Ltd manufactures and markets bulk chemicals in India. It offers sulphuric acid, oleum, sulphur dioxide, and sulphur trioxide for the use in dyestuff, fertilizer, personal care, petrochemical, pharmaceutical, textile, electroplating industries, breweries, and food factories. The company was formerly known as Amal Products Limited and changed its name to Amal Ltd in September 2003. Amal Ltd was incorporated in 1974 and is headquartered in Valsad, India.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Amal Ltd reported revenue of ₹2.4B in FY2026 versus ₹435M in FY2022, a compound +53.2%/yr. Reported net income was ₹224M in FY2026, compounding +111.9%/yr from FY2022.

Revenue +53.2%/yr
FY22 ₹435M
FY23 ₹613M
FY24 ₹861M
FY25 ₹1.4B
FY26 ₹2.4B
Net income +111.9%/yr
FY22 ₹11.1M
FY23 −₹161M
FY24 ₹17.0M
FY25 ₹293M
FY26 ₹224M

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Frequently asked questions

Is Amal Ltd (AMAL) undervalued?
As of Jul 5, 2026, our model estimates a fair value of ₹290.76 versus a price of ₹592.35 — about −51% (overvalued). Model-based estimate, not financial advice.
What is the fair value of AMAL?
Our model-based fair value for Amal Ltd is ₹290.76 (as of Jul 5, 2026), built from audited fundamentals. The current price is ₹592.35.
What is the quality score of AMAL?
Amal Ltd has a Quality Score of 53/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Amal Ltd (AMAL)?
Amal Ltd reported trailing-twelve-month revenue of about ₹2.4B (latest available figure, as of Jul 5, 2026).
What is the net profit margin of AMAL?
The net profit margin of Amal Ltd is about 9.3%, meaning it keeps roughly 9.3% of revenue as net income. Based on the latest reported figures.
Does Amal Ltd pay a dividend?
Amal Ltd currently shows a dividend yield of about 0.26% relative to its recent price (as of Jul 5, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.