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Amal share price today

Amal Ltd · NSE: AMAL · Speciality Chemicals · price as of the 6 November 2026 close, updated every trading day · results updated weekly

Amal share price today: ₹578.90 at the NSE close on 6 November 2026, down 18.6% in a year. Amal (NSE: AMAL) is worth ₹715 crore, trades at a P/E of 24.0 and has closed between ₹441.65 and ₹776.25 over the past 52 weeks. Latest change: revenue up on a year earlier for 12 quarters in a row (every quarter we can compare).

Growing steadilyBusiness trend from fewer quarters than usual
₹578.90Price −18.6% in a year
24.0×P/E lower than 88% of the last 5.8 years
₹131 CrRevenue (Sep 2026) +143.0% on a year ago
₹6.2 CrProfit (Sep 2026) +1.7% on a year ago
6.5%Operating margin −9.5 points on a year ago
26%ROCE FY26
29.3%ROIC against a 12.0% cost of capital: +17.3 points

Amal Ltd's results are improving, while its P/E is near the low end of its own history over 5.8 years, higher than only 12% of past readings.

Biggest thing to watch: the price has already been rising for 14 weeks, so timing is the risk more than the business.

The price has been rising for 14 weeks, and the P/E is lower than 88% of its own last 5.8 years. Over the last four quarters, results have been improving, with profit +1.7% on a year earlier, and 175% of the last 3 years' profit came in as cash. What will decide it: the next one or two quarters of results.

What is the Amal share price today?

Amal Ltd's share price was ₹578.90 at the close on 6 November 2026. It has been rising for 14 weeks. That is 13.3% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹442 and ₹776, and at that close it sat 41% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Amal Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 3 weeks running.

1Y

Nov 2026: ₹579, 13.3% below its 200-day average. The price has been rising for 14 weeks.

  • Price ₹579
  • 50-day avg ₹701
  • 200-day avg ₹668
Nov 2026: ₹579, 13.3% below its 200-day average. The price has been rising for 14 weeks.
WeekPrice50-day avg200-day avg
31 Oct 2025₹716₹847₹744
7 Nov 2025₹711₹828₹743
14 Nov 2025₹675₹801₹740
21 Nov 2025₹677₹779₹737
28 Nov 2025₹679₹760₹734
5 Dec 2025₹655₹742₹730
12 Dec 2025₹642₹724₹726
19 Dec 2025₹687₹715₹724
26 Dec 2025₹687₹712₹722
2 Jan 2026₹674₹705₹720
9 Jan 2026₹632₹695₹717
16 Jan 2026₹561₹683₹713
23 Jan 2026₹494₹650₹702
1 Feb 2026₹458₹617₹691
6 Feb 2026₹538₹601₹683
13 Feb 2026₹548₹595₹677
20 Feb 2026₹533₹583₹670
27 Feb 2026₹499₹570₹662
6 Mar 2026₹508₹558₹656
3 Jul 2026₹592₹560₹600
10 Jul 2026₹615₹568₹601
17 Jul 2026₹752₹584₹603
24 Jul 2026₹775₹617₹611
31 Jul 2026₹741₹642₹618
7 Aug 2026₹748₹664₹625
14 Aug 2026₹745₹681₹632
18 Aug 2026₹740₹686₹634
21 Aug 2026₹776₹696₹638
28 Aug 2026₹760₹706₹644
4 Sep 2026₹746₹714₹649
11 Sep 2026₹740₹720₹654
18 Sep 2026₹721₹720₹656
25 Sep 2026₹673₹716₹658
28 Sep 2026₹655₹714₹658
1 Oct 2026₹700₹712₹659
9 Oct 2026₹765₹720₹664
16 Oct 2026₹752₹751₹675
23 Oct 2026₹587₹733₹673
30 Oct 2026₹534₹701₹668
6 Nov 2026₹579₹701₹668
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 1-year window.

3Y

Nov 2026: ₹579, 13.3% below its 200-day average. The price has been rising for 14 weeks.

  • Price ₹579
  • 50-day avg ₹701
  • 200-day avg ₹668
Nov 2026: ₹579, 13.3% below its 200-day average. The price has been rising for 14 weeks.
WeekPrice50-day avg200-day avg
3 Nov 2023₹328₹313₹285
12 Nov 2023₹337₹316₹287
17 Nov 2023₹327₹318₹289
24 Nov 2023₹330₹321₹291
1 Dec 2023₹367₹327₹294
8 Dec 2023₹365₹335₹298
15 Dec 2023₹349₹340₹301
22 Dec 2023₹353₹342₹303
29 Dec 2023₹345₹343₹305
5 Jan 2024₹369₹346₹308
12 Jan 2024₹406₹352₹311
20 Jan 2024₹404₹362₹316
25 Jan 2024₹402₹365₹318
2 Feb 2024₹400₹373₹323
9 Feb 2024₹393₹378₹326
16 Feb 2024₹394₹379₹329
23 Feb 2024₹371₹379₹332
2 Mar 2024₹363₹376₹334
7 Mar 2024₹394₹375₹335
15 Mar 2024₹362₹374₹337
22 Mar 2024₹360₹370₹338
28 Mar 2024₹353₹368₹338
5 Apr 2024₹365₹369₹340
12 Apr 2024₹431₹372₹342
19 Apr 2024₹400₹377₹344
26 Apr 2024₹420₹388₹349
3 May 2024₹409₹391₹351
10 May 2024₹377₹389₹353
18 May 2024₹384₹386₹354
24 May 2024₹385₹386₹355
31 May 2024₹366₹384₹356
7 Jun 2024₹364₹378₹356
14 Jun 2024₹364₹376₹356
21 Jun 2024₹360₹374₹356
28 Jun 2024₹371₹371₹357
5 Jul 2024₹382₹372₹358
12 Jul 2024₹372₹373₹359
19 Jul 2024₹368₹374₹359
26 Jul 2024₹366₹371₹359
2 Aug 2024₹354₹368₹359
9 Aug 2024₹339₹363₹358
16 Aug 2024₹337₹359₹357
23 Aug 2024₹338₹355₹356
30 Aug 2024₹336₹352₹355
6 Sep 2024₹336₹349₹354
13 Sep 2024₹336₹346₹353
20 Sep 2024₹326₹343₹352
27 Sep 2024₹316₹339₹351
4 Oct 2024₹319₹335₹349
11 Oct 2024₹329₹333₹348
18 Oct 2024₹425₹340₹349
25 Oct 2024₹377₹351₹351
1 Nov 2024₹422₹361₹354
8 Nov 2024₹435₹372₹357
14 Nov 2024₹418₹381₹360
22 Nov 2024₹424₹388₹363
29 Nov 2024₹454₹400₹367
6 Dec 2024₹461₹411₹372
13 Dec 2024₹434₹419₹376
20 Dec 2024₹448₹426₹380
27 Dec 2024₹436₹429₹383
3 Jan 2025₹470₹432₹386
10 Jan 2025₹468₹439₹390
17 Jan 2025₹664₹461₹398
24 Jan 2025₹698₹507₹414
1 Feb 2025₹830₹559₹433
7 Feb 2025₹735₹596₹449
14 Feb 2025₹683₹617₹462
21 Feb 2025₹659₹624₹471
28 Feb 2025₹658₹631₹479
7 Mar 2025₹648₹632₹487
13 Mar 2025₹634₹636₹494
21 Mar 2025₹717₹642₹502
28 Mar 2025₹669₹653₹512
4 Apr 2025₹669₹655₹518
11 Apr 2025₹630₹653₹523
17 Apr 2025₹658₹652₹526
25 Apr 2025₹619₹648₹532
2 May 2025₹574₹639₹534
9 May 2025₹520₹623₹535
16 May 2025₹535₹608₹535
23 May 2025₹538₹592₹534
30 May 2025₹508₹580₹534
6 Jun 2025₹627₹580₹536
13 Jun 2025₹601₹586₹540
20 Jun 2025₹618₹588₹542
27 Jun 2025₹672₹594₹546
4 Jul 2025₹677₹612₹553
11 Jul 2025₹801₹643₹565
18 Jul 2025₹1,013₹710₹586
25 Jul 2025₹1,045₹771₹609
1 Aug 2025₹983₹811₹627
8 Aug 2025₹984₹846₹646
14 Aug 2025₹974₹861₹658
22 Aug 2025₹936₹878₹672
29 Aug 2025₹921₹882₹681
5 Sep 2025₹933₹889₹693
12 Sep 2025₹884₹890₹703
19 Sep 2025₹873₹887₹711
26 Sep 2025₹860₹888₹720
3 Oct 2025₹922₹888₹727
10 Oct 2025₹981₹901₹738
17 Oct 2025₹731₹894₹744
24 Oct 2025₹744₹874₹745
31 Oct 2025₹716₹847₹744
7 Nov 2025₹711₹828₹743
14 Nov 2025₹675₹801₹740
21 Nov 2025₹677₹779₹737
28 Nov 2025₹679₹760₹734
5 Dec 2025₹655₹742₹730
12 Dec 2025₹642₹724₹726
19 Dec 2025₹687₹715₹724
26 Dec 2025₹687₹712₹722
2 Jan 2026₹674₹705₹720
9 Jan 2026₹632₹695₹717
16 Jan 2026₹561₹683₹713
23 Jan 2026₹494₹650₹702
1 Feb 2026₹458₹617₹691
6 Feb 2026₹538₹601₹683
13 Feb 2026₹548₹595₹677
20 Feb 2026₹533₹583₹670
27 Feb 2026₹499₹570₹662
6 Mar 2026₹508₹558₹656
3 Jul 2026₹592₹560₹600
10 Jul 2026₹615₹568₹601
17 Jul 2026₹752₹584₹603
24 Jul 2026₹775₹617₹611
31 Jul 2026₹741₹642₹618
7 Aug 2026₹748₹664₹625
14 Aug 2026₹745₹681₹632
18 Aug 2026₹740₹686₹634
21 Aug 2026₹776₹696₹638
28 Aug 2026₹760₹706₹644
4 Sep 2026₹746₹714₹649
11 Sep 2026₹740₹720₹654
18 Sep 2026₹721₹720₹656
25 Sep 2026₹673₹716₹658
28 Sep 2026₹655₹714₹658
1 Oct 2026₹700₹712₹659
9 Oct 2026₹765₹720₹664
16 Oct 2026₹752₹751₹675
23 Oct 2026₹587₹733₹673
30 Oct 2026₹534₹701₹668
6 Nov 2026₹579₹701₹668
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 3-year window.

5Y

Nov 2026: ₹579, 13.3% below its 200-day average. The price has been rising for 14 weeks.

  • Price ₹579
  • 50-day avg ₹701
  • 200-day avg ₹668
Nov 2026: ₹579, 13.3% below its 200-day average. The price has been rising for 14 weeks.
WeekPrice50-day avg200-day avg
4 Nov 2021₹368₹362₹317
18 Nov 2021₹361₹362₹321
3 Dec 2021₹352₹360₹324
17 Dec 2021₹359₹360₹328
31 Dec 2021₹412₹363₹331
14 Jan 2022₹396₹378₹339
28 Jan 2022₹376₹380₹343
11 Feb 2022₹373₹380₹346
25 Feb 2022₹356₹374₹348
11 Mar 2022₹361₹368₹348
25 Mar 2022₹364₹368₹350
8 Apr 2022₹376₹370₹352
22 Apr 2022₹351₹369₹353
6 May 2022₹331₹361₹352
20 May 2022₹294₹339₹347
3 Jun 2022₹287₹322₹341
17 Jun 2022₹278₹310₹336
1 Jul 2022₹288₹301₹331
15 Jul 2022₹303₹302₹328
29 Jul 2022₹324₹298₹325
12 Aug 2022₹302₹303₹324
26 Aug 2022₹325₹307₹323
9 Sep 2022₹339₹315₹324
23 Sep 2022₹318₹318₹324
7 Oct 2022₹292₹315₹323
21 Oct 2022₹295₹307₹320
4 Nov 2022₹294₹304₹318
18 Nov 2022₹290₹300₹315
2 Dec 2022₹277₹293₹312
16 Dec 2022₹291₹291₹310
30 Dec 2022₹272₹285₹306
13 Jan 2023₹268₹280₹303
27 Jan 2023₹249₹273₹299
10 Feb 2023₹219₹259₹292
24 Feb 2023₹232₹249₹286
10 Mar 2023₹216₹242₹281
24 Mar 2023₹189₹229₹274
6 Apr 2023₹225₹222₹268
21 Apr 2023₹268₹232₹267
5 May 2023₹249₹239₹266
19 May 2023₹240₹241₹264
2 Jun 2023₹245₹242₹262
16 Jun 2023₹275₹247₹262
30 Jun 2023₹280₹255₹263
14 Jul 2023₹296₹265₹265
28 Jul 2023₹263₹268₹266
11 Aug 2023₹277₹268₹266
25 Aug 2023₹286₹273₹268
8 Sep 2023₹299₹281₹270
22 Sep 2023₹295₹284₹272
6 Oct 2023₹291₹286₹274
20 Oct 2023₹343₹303₹280
3 Nov 2023₹328₹313₹285
17 Nov 2023₹327₹318₹289
1 Dec 2023₹367₹327₹294
15 Dec 2023₹349₹340₹301
29 Dec 2023₹345₹343₹305
12 Jan 2024₹406₹352₹311
25 Jan 2024₹402₹365₹318
9 Feb 2024₹393₹378₹326
23 Feb 2024₹371₹379₹332
7 Mar 2024₹394₹375₹335
22 Mar 2024₹360₹370₹338
5 Apr 2024₹365₹369₹340
19 Apr 2024₹400₹377₹344
3 May 2024₹409₹391₹351
18 May 2024₹384₹386₹354
31 May 2024₹366₹384₹356
14 Jun 2024₹364₹376₹356
28 Jun 2024₹371₹371₹357
12 Jul 2024₹372₹373₹359
26 Jul 2024₹366₹371₹359
9 Aug 2024₹339₹363₹358
23 Aug 2024₹338₹355₹356
6 Sep 2024₹336₹349₹354
20 Sep 2024₹326₹343₹352
4 Oct 2024₹319₹335₹349
18 Oct 2024₹425₹340₹349
1 Nov 2024₹422₹361₹354
14 Nov 2024₹418₹381₹360
29 Nov 2024₹454₹400₹367
13 Dec 2024₹434₹419₹376
27 Dec 2024₹436₹429₹383
10 Jan 2025₹468₹439₹390
24 Jan 2025₹698₹507₹414
7 Feb 2025₹735₹596₹449
21 Feb 2025₹659₹624₹471
7 Mar 2025₹648₹632₹487
21 Mar 2025₹717₹642₹502
4 Apr 2025₹669₹655₹518
17 Apr 2025₹658₹652₹526
2 May 2025₹574₹639₹534
16 May 2025₹535₹608₹535
30 May 2025₹508₹580₹534
13 Jun 2025₹601₹586₹540
27 Jun 2025₹672₹594₹546
11 Jul 2025₹801₹643₹565
25 Jul 2025₹1,045₹771₹609
8 Aug 2025₹984₹846₹646
22 Aug 2025₹936₹878₹672
5 Sep 2025₹933₹889₹693
19 Sep 2025₹873₹887₹711
3 Oct 2025₹922₹888₹727
17 Oct 2025₹731₹894₹744
31 Oct 2025₹716₹847₹744
14 Nov 2025₹675₹801₹740
28 Nov 2025₹679₹760₹734
12 Dec 2025₹642₹724₹726
26 Dec 2025₹687₹712₹722
9 Jan 2026₹632₹695₹717
23 Jan 2026₹494₹650₹702
6 Feb 2026₹538₹601₹683
20 Feb 2026₹533₹583₹670
6 Mar 2026₹508₹558₹656
10 Jul 2026₹615₹568₹601
24 Jul 2026₹775₹617₹611
7 Aug 2026₹748₹664₹625
18 Aug 2026₹740₹686₹634
28 Aug 2026₹760₹706₹644
11 Sep 2026₹740₹720₹654
25 Sep 2026₹673₹716₹658
1 Oct 2026₹700₹712₹659
16 Oct 2026₹752₹751₹675
30 Oct 2026₹534₹701₹668
6 Nov 2026₹579₹701₹668
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 5-year window.

10Y

Nov 2026: ₹579, 13.3% below its 200-day average. The price has been rising for 14 weeks.

  • Price ₹579
  • 50-day avg ₹701
  • 200-day avg ₹668
Nov 2026: ₹579, 13.3% below its 200-day average. The price has been rising for 14 weeks.
WeekPrice50-day avg200-day avg
30 Oct 2016₹61₹46₹36
18 Nov 2016₹52₹53₹40
9 Dec 2016₹61₹54₹42
30 Dec 2016₹62₹56₹44
20 Jan 2017₹78₹61₹47
10 Feb 2017₹94₹72₹52
3 Mar 2017₹98₹82₹58
24 Mar 2017₹98₹88₹63
13 Apr 2017₹135₹98₹69
5 May 2017₹120₹116₹78
26 May 2017₹105₹111₹82
16 Jun 2017₹101₹107₹85
7 Jul 2017₹122₹111₹89
28 Jul 2017₹126₹117₹94
18 Aug 2017₹121₹121₹98
8 Sep 2017₹125₹123₹102
29 Sep 2017₹116₹121₹104
19 Oct 2017₹135₹125₹107
10 Nov 2017₹177₹137₹113
1 Dec 2017₹177₹153₹121
22 Dec 2017₹181₹160₹128
12 Jan 2018₹184₹168₹135
2 Feb 2018₹147₹168₹139
23 Feb 2018₹144₹159₹140
16 Mar 2018₹128₹148₹139
6 Apr 2018₹150₹138₹137
27 Apr 2018₹139₹139₹138
18 May 2018₹121₹134₹137
8 Jun 2018₹109₹126₹134
29 Jun 2018₹107₹119₹131
20 Jul 2018₹124₹118₹129
10 Aug 2018₹142₹127₹130
31 Aug 2018₹149₹136₹132
21 Sep 2018₹145₹141₹134
12 Oct 2018₹134₹140₹135
2 Nov 2018₹119₹133₹133
22 Nov 2018₹118₹128₹132
14 Dec 2018₹121₹123₹130
4 Jan 2019₹121₹121₹128
25 Jan 2019₹109₹116₹126
15 Feb 2019₹92₹108₹122
8 Mar 2019₹98₹102₹118
29 Mar 2019₹97₹100₹116
18 Apr 2019₹115₹99₹113
10 May 2019₹106₹104₹113
31 May 2019₹106₹104₹112
21 Jun 2019₹155₹113₹113
12 Jul 2019₹132₹124₹117
2 Aug 2019₹112₹123₹118
23 Aug 2019₹105₹119₹117
13 Sep 2019₹110₹114₹116
4 Oct 2019₹104₹111₹115
27 Oct 2019₹103₹108₹113
15 Nov 2019₹107₹108₹113
6 Dec 2019₹105₹107₹112
27 Dec 2019₹104₹106₹111
17 Jan 2020₹122₹109₹111
7 Feb 2020₹107₹111₹111
28 Feb 2020₹112₹110₹111
20 Mar 2020₹92₹105₹110
9 Apr 2020₹99₹99₹107
30 Apr 2020₹109₹102₹107
22 May 2020₹104₹104₹107
12 Jun 2020₹111₹108₹108
3 Jul 2020₹114₹110₹108
24 Jul 2020₹134₹120₹112
14 Aug 2020₹162₹134₹117
4 Sep 2020₹174₹150₹124
25 Sep 2020₹167₹157₹130
16 Oct 2020₹166₹162₹135
6 Nov 2020₹162₹161₹139
27 Nov 2020₹169₹164₹142
18 Dec 2020₹167₹167₹146
8 Jan 2021₹181₹168₹149
29 Jan 2021₹202₹174₹153
19 Feb 2021₹228₹192₹162
12 Mar 2021₹341₹220₹174
1 Apr 2021₹364₹273₹195
23 Apr 2021₹324₹300₹213
14 May 2021₹312₹308₹227
4 Jun 2021₹327₹312₹239
25 Jun 2021₹353₹330₹255
16 Jul 2021₹378₹355₹273
6 Aug 2021₹335₹352₹283
27 Aug 2021₹336₹341₹289
17 Sep 2021₹349₹348₹297
8 Oct 2021₹428₹353₹306
29 Oct 2021₹359₹363₹315
18 Nov 2021₹361₹362₹321
10 Dec 2021₹363₹360₹326
31 Dec 2021₹412₹363₹331
21 Jan 2022₹383₹380₹341
11 Feb 2022₹373₹380₹346
4 Mar 2022₹359₹371₹348
25 Mar 2022₹364₹368₹350
13 Apr 2022₹374₹371₹353
6 May 2022₹331₹361₹352
27 May 2022₹277₹329₹344
17 Jun 2022₹278₹310₹336
8 Jul 2022₹291₹300₹329
29 Jul 2022₹324₹298₹325
19 Aug 2022₹311₹304₹323
9 Sep 2022₹339₹315₹324
30 Sep 2022₹312₹317₹323
21 Oct 2022₹295₹307₹320
11 Nov 2022₹290₹302₹317
2 Dec 2022₹277₹293₹312
23 Dec 2022₹260₹288₹308
13 Jan 2023₹268₹280₹303
3 Feb 2023₹236₹268₹296
24 Feb 2023₹232₹249₹286
17 Mar 2023₹212₹236₹278
6 Apr 2023₹225₹222₹268
28 Apr 2023₹257₹237₹267
19 May 2023₹240₹241₹264
9 Jun 2023₹253₹244₹262
30 Jun 2023₹280₹255₹263
21 Jul 2023₹275₹267₹266
11 Aug 2023₹277₹268₹266
1 Sep 2023₹297₹276₹269
22 Sep 2023₹295₹284₹272
13 Oct 2023₹338₹291₹276
3 Nov 2023₹328₹313₹285
24 Nov 2023₹330₹321₹291
15 Dec 2023₹349₹340₹301
5 Jan 2024₹369₹346₹308
25 Jan 2024₹402₹365₹318
16 Feb 2024₹394₹379₹329
7 Mar 2024₹394₹375₹335
28 Mar 2024₹353₹368₹338
19 Apr 2024₹400₹377₹344
10 May 2024₹377₹389₹353
31 May 2024₹366₹384₹356
21 Jun 2024₹360₹374₹356
12 Jul 2024₹372₹373₹359
2 Aug 2024₹354₹368₹359
23 Aug 2024₹338₹355₹356
13 Sep 2024₹336₹346₹353
4 Oct 2024₹319₹335₹349
25 Oct 2024₹377₹351₹351
14 Nov 2024₹418₹381₹360
6 Dec 2024₹461₹411₹372
27 Dec 2024₹436₹429₹383
17 Jan 2025₹664₹461₹398
7 Feb 2025₹735₹596₹449
28 Feb 2025₹658₹631₹479
21 Mar 2025₹717₹642₹502
11 Apr 2025₹630₹653₹523
2 May 2025₹574₹639₹534
23 May 2025₹538₹592₹534
13 Jun 2025₹601₹586₹540
4 Jul 2025₹677₹612₹553
25 Jul 2025₹1,045₹771₹609
14 Aug 2025₹974₹861₹658
5 Sep 2025₹933₹889₹693
26 Sep 2025₹860₹888₹720
17 Oct 2025₹731₹894₹744
7 Nov 2025₹711₹828₹743
28 Nov 2025₹679₹760₹734
19 Dec 2025₹687₹715₹724
9 Jan 2026₹632₹695₹717
1 Feb 2026₹458₹617₹691
20 Feb 2026₹533₹583₹670
3 Jul 2026₹592₹560₹600
24 Jul 2026₹775₹617₹611
14 Aug 2026₹745₹681₹632
28 Aug 2026₹760₹706₹644
18 Sep 2026₹721₹720₹656
1 Oct 2026₹700₹712₹659
23 Oct 2026₹587₹733₹673
6 Nov 2026₹579₹701₹668
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 10-year window.

Price stage: Rising from Oct 2025 to Dec 2025; Falling from Dec 2025 to Aug 2026; Rising from Aug 2026 to Oct 2026.

Price stage: Rising from Nov 2023 to Aug 2024; Falling from Sep 2024 to Nov 2024; Rising from Nov 2024 to Dec 2025; Falling from Dec 2025 to Aug 2026; Rising from Aug 2026 to Oct 2026.

Price stage: Rising from Nov 2021 to May 2022; Falling from Jun 2022 to Aug 2023; Rising from Aug 2023 to Aug 2024; Falling from Sep 2024 to Nov 2024; Rising from Nov 2024 to Dec 2025; Falling from Dec 2025 to Aug 2026; Rising from Aug 2026 to Oct 2026.

Price stage: Rising from Oct 2016 to Apr 2018; Falling from May 2018 to Aug 2018; Rising from Sep 2018 to Nov 2018; Falling from Nov 2018 to Jun 2019; Rising from Jul 2019 to Sep 2019; Falling from Oct 2019 to Jun 2020; Rising from Jul 2020 to May 2022; Falling from May 2022 to Aug 2023; Rising from Sep 2023 to Aug 2024; Falling from Sep 2024 to Nov 2024; Rising from Dec 2024 to Nov 2025; Falling from Dec 2025 to Jul 2026; Rising from Aug 2026 to Oct 2026.

Week by week since 2016: did it beat the NIFTY 500 over the past 13 weeks?

Ahead in 277 of 530 weeks

Week by week since 2016: did it beat the NIFTY 500 over the past 13 weeks?
Week13-week return vs NIFTY 500
11 Mar 2016no NIFTY 500 reading
18 Mar 2016no NIFTY 500 reading
23 Mar 2016no NIFTY 500 reading
1 Apr 2016no NIFTY 500 reading
8 Apr 2016no NIFTY 500 reading
13 Apr 2016no NIFTY 500 reading
22 Apr 2016no NIFTY 500 reading
29 Apr 2016no NIFTY 500 reading
6 May 2016no NIFTY 500 reading
13 May 2016no NIFTY 500 reading
20 May 2016no NIFTY 500 reading
27 May 2016no NIFTY 500 reading
3 Jun 2016no NIFTY 500 reading
10 Jun 2016+26.3%
17 Jun 2016+25.5%
23 Jun 2016+18.3%
1 Jul 2016+21.2%
8 Jul 2016+12.7%
15 Jul 2016+16.5%
22 Jul 2016+16.9%
29 Jul 2016−3.9%
5 Aug 2016−8.7%
12 Aug 2016−15.4%
19 Aug 2016−2.4%
26 Aug 2016−1.0%
2 Sep 2016−3.3%
9 Sep 2016−1.9%
16 Sep 2016−2.5%
23 Sep 2016+0.7%
30 Sep 2016−2.9%
7 Oct 2016+14.3%
14 Oct 2016+24.5%
21 Oct 2016+53.6%
30 Oct 2016+71.3%
4 Nov 2016+117.7%
11 Nov 2016+95.0%
18 Nov 2016+47.1%
25 Nov 2016+52.4%
2 Dec 2016+62.2%
9 Dec 2016+73.4%
16 Dec 2016+66.2%
23 Dec 2016+66.7%
30 Dec 2016+71.6%
6 Jan 2017+45.4%
13 Jan 2017+35.3%
20 Jan 2017+28.8%
27 Jan 2017+28.4%
3 Feb 2017+19.7%
10 Feb 2017+39.0%
17 Feb 2017+76.4%
23 Feb 2017+63.7%
3 Mar 2017+64.6%
10 Mar 2017+41.2%
17 Mar 2017+53.5%
24 Mar 2017+53.7%
31 Mar 2017+44.8%
7 Apr 2017+84.4%
13 Apr 2017+98.6%
21 Apr 2017+98.3%
28 Apr 2017+48.1%
5 May 2017+20.5%
12 May 2017−1.0%
19 May 2017+2.4%
26 May 2017+4.9%
2 Jun 2017−6.3%
9 Jun 2017+2.9%
16 Jun 2017−2.6%
23 Jun 2017+24.9%
30 Jun 2017+8.2%
7 Jul 2017−4.2%
14 Jul 2017−11.9%
21 Jul 2017−30.4%
28 Jul 2017−7.1%
4 Aug 2017+4.8%
11 Aug 2017+11.0%
18 Aug 2017+8.8%
24 Aug 2017+16.5%
1 Sep 2017+22.5%
8 Sep 2017+16.6%
15 Sep 2017+16.4%
22 Sep 2017−9.9%
29 Sep 2017+1.7%
6 Oct 2017−0.7%
13 Oct 2017−5.0%
19 Oct 2017+5.9%
27 Oct 2017+3.5%
3 Nov 2017+0.7%
10 Nov 2017+45.3%
17 Nov 2017+28.2%
24 Nov 2017+24.9%
1 Dec 2017+36.0%
8 Dec 2017+32.5%
15 Dec 2017+29.2%
22 Dec 2017+41.9%
29 Dec 2017+41.2%
5 Jan 2018+34.4%
12 Jan 2018+35.7%
19 Jan 2018+19.3%
25 Jan 2018+18.9%
2 Feb 2018+5.5%
9 Feb 2018−18.8%
16 Feb 2018−11.9%
23 Feb 2018−13.6%
1 Mar 2018−20.3%
9 Mar 2018−24.3%
16 Mar 2018−18.0%
23 Mar 2018−35.5%
28 Mar 2018−29.7%
6 Apr 2018−12.2%
13 Apr 2018−22.9%
20 Apr 2018−14.7%
27 Apr 2018−15.2%
4 May 2018−11.0%
11 May 2018−15.2%
18 May 2018−14.8%
25 May 2018−18.2%
1 Jun 2018−20.4%
8 Jun 2018−17.9%
15 Jun 2018−14.0%
22 Jun 2018+1.9%
29 Jun 2018−8.0%
6 Jul 2018−25.8%
13 Jul 2018−7.7%
20 Jul 2018−11.8%
27 Jul 2018−8.0%
3 Aug 2018+3.8%
10 Aug 2018+6.9%
17 Aug 2018+8.7%
24 Aug 2018+23.7%
31 Aug 2018+23.1%
7 Sep 2018+33.1%
14 Sep 2018+30.5%
21 Sep 2018+29.0%
28 Sep 2018+27.1%
5 Oct 2018+29.8%
12 Oct 2018+13.6%
19 Oct 2018+14.0%
26 Oct 2018+5.7%
2 Nov 2018−8.9%
9 Nov 2018−4.9%
16 Nov 2018−4.3%
22 Nov 2018−13.6%
30 Nov 2018−13.3%
7 Dec 2018−17.0%
14 Dec 2018−18.1%
21 Dec 2018−17.2%
28 Dec 2018−13.3%
4 Jan 2019−17.6%
11 Jan 2019−21.3%
18 Jan 2019−25.1%
25 Jan 2019−15.1%
1 Feb 2019−13.1%
8 Feb 2019−22.4%
15 Feb 2019−23.8%
22 Feb 2019−22.2%
1 Mar 2019−18.6%
8 Mar 2019−18.4%
15 Mar 2019−23.2%
22 Mar 2019−24.2%
29 Mar 2019−23.9%
5 Apr 2019−26.1%
12 Apr 2019−20.6%
18 Apr 2019+3.4%
26 Apr 2019−4.5%
3 May 2019−3.6%
10 May 2019+8.3%
17 May 2019+2.9%
24 May 2019+4.0%
31 May 2019+0.2%
7 Jun 2019+12.1%
14 Jun 2019+20.1%
21 Jun 2019+63.3%
28 Jun 2019+45.5%
5 Jul 2019+42.2%
12 Jul 2019+39.4%
19 Jul 2019+21.9%
26 Jul 2019+12.4%
2 Aug 2019+12.3%
9 Aug 2019+15.2%
16 Aug 2019+17.5%
23 Aug 2019+9.4%
30 Aug 2019+12.4%
6 Sep 2019−1.2%
13 Sep 2019+1.6%
20 Sep 2019−26.0%
27 Sep 2019−15.9%
4 Oct 2019−19.9%
11 Oct 2019−17.5%
18 Oct 2019−24.7%
27 Oct 2019−21.7%
1 Nov 2019−17.9%
8 Nov 2019−14.7%
15 Nov 2019−15.1%
22 Nov 2019−6.3%
29 Nov 2019−10.8%
6 Dec 2019−5.3%
13 Dec 2019−14.1%
20 Dec 2019−11.7%
27 Dec 2019−14.0%
3 Jan 2020−3.3%
10 Jan 2020−1.1%
17 Jan 2020+10.1%
24 Jan 2020+8.4%
1 Feb 2020+10.6%
7 Feb 2020−8.1%
14 Feb 2020−1.6%
20 Feb 2020+5.8%
28 Feb 2020+9.4%
6 Mar 2020+12.3%
13 Mar 2020+20.7%
20 Mar 2020+20.7%
27 Mar 2020+12.3%
3 Apr 2020+9.4%
9 Apr 2020+14.8%
17 Apr 2020+7.7%
24 Apr 2020+12.4%
30 Apr 2020+17.1%
8 May 2020+23.3%
15 May 2020+24.9%
22 May 2020+14.3%
29 May 2020+5.0%
5 Jun 2020+13.4%
12 Jun 2020−2.1%
19 Jun 2020−1.3%
26 Jun 2020+12.9%
3 Jul 2020+5.6%
10 Jul 2020+15.9%
17 Jul 2020+8.5%
24 Jul 2020+11.8%
31 Jul 2020+7.6%
7 Aug 2020+17.2%
14 Aug 2020+24.9%
21 Aug 2020+50.4%
28 Aug 2020+42.3%
4 Sep 2020+36.7%
11 Sep 2020+29.7%
18 Sep 2020+35.5%
25 Sep 2020+33.7%
1 Oct 2020+38.9%
9 Oct 2020+17.5%
16 Oct 2020+19.4%
23 Oct 2020+15.8%
30 Oct 2020+6.5%
6 Nov 2020−2.0%
14 Nov 2020−11.6%
20 Nov 2020−21.8%
27 Nov 2020−11.9%
4 Dec 2020−18.8%
11 Dec 2020−10.9%
18 Dec 2020−20.3%
24 Dec 2020−23.2%
1 Jan 2021−25.0%
8 Jan 2021−18.4%
15 Jan 2021−20.9%
22 Jan 2021−10.4%
29 Jan 2021+2.9%
5 Feb 2021+3.0%
12 Feb 2021+22.0%
19 Feb 2021+21.5%
26 Feb 2021+16.9%
5 Mar 2021+14.5%
12 Mar 2021+85.3%
19 Mar 2021+71.4%
26 Mar 2021+119.5%
1 Apr 2021+115.9%
9 Apr 2021+98.5%
16 Apr 2021+95.5%
23 Apr 2021+73.8%
30 Apr 2021+60.0%
7 May 2021+58.5%
14 May 2021+33.4%
21 May 2021+32.0%
28 May 2021+37.2%
4 Jun 2021+39.3%
11 Jun 2021−0.5%
18 Jun 2021+6.9%
25 Jun 2021−16.0%
2 Jul 2021−3.6%
9 Jul 2021−4.3%
16 Jul 2021+1.4%
23 Jul 2021+1.6%
30 Jul 2021−7.5%
6 Aug 2021−5.1%
13 Aug 2021−3.7%
20 Aug 2021−1.6%
27 Aug 2021−5.0%
3 Sep 2021+1.6%
9 Sep 2021−12.6%
17 Sep 2021−12.7%
24 Sep 2021−13.6%
1 Oct 2021−18.7%
8 Oct 2021−4.4%
14 Oct 2021−12.0%
22 Oct 2021−9.9%
29 Oct 2021−5.1%
4 Nov 2021−1.9%
12 Nov 2021−0.7%
18 Nov 2021+2.1%
26 Nov 2021+4.0%
3 Dec 2021−5.8%
10 Dec 2021−0.6%
17 Dec 2021+5.1%
24 Dec 2021+5.5%
31 Dec 2021+14.1%
7 Jan 2022−2.2%
14 Jan 2022+2.0%
21 Jan 2022+7.3%
28 Jan 2022+4.7%
4 Feb 2022+12.5%
11 Feb 2022+7.3%
18 Feb 2022+2.1%
25 Feb 2022+4.1%
4 Mar 2022+9.3%
11 Mar 2022+2.4%
17 Mar 2022+5.1%
25 Mar 2022+0.4%
1 Apr 2022−8.2%
8 Apr 2022−7.1%
13 Apr 2022−1.5%
22 Apr 2022−7.7%
29 Apr 2022−3.1%
6 May 2022−9.4%
13 May 2022−18.8%
20 May 2022−11.1%
27 May 2022−21.2%
3 Jun 2022−19.3%
10 Jun 2022−10.9%
17 Jun 2022−15.2%
24 Jun 2022−13.1%
1 Jul 2022−12.4%
8 Jul 2022−13.3%
15 Jul 2022−14.5%
22 Jul 2022−16.9%
29 Jul 2022−8.6%
5 Aug 2022−12.1%
12 Aug 2022−2.9%
19 Aug 2022−5.3%
26 Aug 2022+8.4%
2 Sep 2022+4.1%
9 Sep 2022−1.4%
16 Sep 2022+0.1%
23 Sep 2022+4.7%
30 Sep 2022−1.5%
7 Oct 2022−7.7%
14 Oct 2022−10.0%
21 Oct 2022−1.0%
28 Oct 2022−11.1%
4 Nov 2022−12.2%
11 Nov 2022−5.7%
18 Nov 2022−9.4%
25 Nov 2022−18.4%
2 Dec 2022−19.4%
9 Dec 2022−19.8%
16 Dec 2022−12.3%
23 Dec 2022−24.0%
30 Dec 2022−15.4%
6 Jan 2023−11.9%
13 Jan 2023−10.8%
20 Jan 2023−13.6%
27 Jan 2023−13.3%
3 Feb 2023−16.4%
10 Feb 2023−20.4%
17 Feb 2023−9.1%
24 Feb 2023−8.6%
3 Mar 2023−12.0%
10 Mar 2023−12.4%
17 Mar 2023−20.3%
24 Mar 2023−20.4%
31 Mar 2023−29.0%
6 Apr 2023−13.2%
13 Apr 2023−2.6%
21 Apr 2023+6.0%
28 Apr 2023+0.4%
5 May 2023+2.6%
12 May 2023+11.0%
19 May 2023−8.9%
26 May 2023−3.0%
2 Jun 2023+0.6%
9 Jun 2023+5.1%
16 Jun 2023+17.3%
23 Jun 2023+29.7%
30 Jun 2023+41.2%
7 Jul 2023+11.2%
14 Jul 2023+4.3%
21 Jul 2023−10.3%
28 Jul 2023−8.2%
4 Aug 2023−3.3%
11 Aug 2023+2.1%
18 Aug 2023+9.1%
25 Aug 2023+9.9%
1 Sep 2023+13.3%
8 Sep 2023+9.0%
15 Sep 2023−4.5%
22 Sep 2023+2.8%
29 Sep 2023+2.8%
6 Oct 2023+0.8%
13 Oct 2023+11.7%
20 Oct 2023+25.9%
27 Oct 2023+33.9%
3 Nov 2023+22.3%
12 Nov 2023+16.9%
17 Nov 2023+11.0%
24 Nov 2023+10.1%
1 Dec 2023+15.4%
8 Dec 2023+15.0%
15 Dec 2023+15.8%
22 Dec 2023+8.4%
29 Dec 2023+3.3%
5 Jan 2024+14.9%
12 Jan 2024+7.7%
20 Jan 2024+1.5%
25 Jan 2024−3.3%
2 Feb 2024+5.3%
9 Feb 2024+3.7%
16 Feb 2024+6.4%
23 Feb 2024+0.6%
2 Mar 2024−6.2%
7 Mar 2024+3.1%
15 Mar 2024−0.8%
22 Mar 2024−2.1%
28 Mar 2024−4.1%
5 Apr 2024−8.4%
12 Apr 2024+1.4%
19 Apr 2024−7.5%
26 Apr 2024−1.5%
3 May 2024−0.8%
10 May 2024−8.1%
18 May 2024−8.0%
24 May 2024−2.4%
31 May 2024−6.3%
7 Jun 2024−19.2%
14 Jun 2024−12.6%
21 Jun 2024−11.9%
28 Jun 2024−5.6%
5 Jul 2024−5.0%
12 Jul 2024−27.4%
19 Jul 2024−18.6%
26 Jul 2024−25.1%
2 Aug 2024−23.7%
9 Aug 2024−19.5%
16 Aug 2024−22.3%
23 Aug 2024−23.3%
30 Aug 2024−21.0%
6 Sep 2024−15.1%
13 Sep 2024−15.3%
20 Sep 2024−17.9%
27 Sep 2024−21.0%
4 Oct 2024−19.2%
11 Oct 2024−13.6%
18 Oct 2024+15.9%
25 Oct 2024+6.6%
1 Nov 2024+18.3%
8 Nov 2024+31.8%
14 Nov 2024+30.0%
22 Nov 2024+29.3%
29 Nov 2024+37.6%
6 Dec 2024+38.2%
13 Dec 2024+33.3%
20 Dec 2024+45.5%
27 Dec 2024+45.6%
3 Jan 2025+53.0%
10 Jan 2025+51.4%
17 Jan 2025+62.7%
24 Jan 2025+91.5%
1 Feb 2025+102.3%
7 Feb 2025+73.5%
14 Feb 2025+68.9%
21 Feb 2025+65.2%
28 Feb 2025+57.4%
7 Mar 2025+53.6%
13 Mar 2025+55.0%
21 Mar 2025+64.9%
28 Mar 2025+58.4%
4 Apr 2025+50.6%
11 Apr 2025+35.2%
17 Apr 2025−4.9%
25 Apr 2025−15.0%
2 May 2025−32.1%
9 May 2025−36.9%
16 May 2025−31.3%
23 May 2025−29.8%
30 May 2025−35.5%
6 Jun 2025−18.3%
13 Jun 2025−15.1%
20 Jun 2025−23.3%
27 Jun 2025−10.3%
4 Jul 2025−14.4%
11 Jul 2025+17.4%
18 Jul 2025+48.6%
25 Jul 2025+64.3%
1 Aug 2025+68.5%
8 Aug 2025+88.4%
14 Aug 2025+80.2%
22 Aug 2025+73.9%
29 Aug 2025+81.3%
5 Sep 2025+49.8%
12 Sep 2025+44.9%
19 Sep 2025+41.7%
26 Sep 2025+30.6%
3 Oct 2025+38.0%
10 Oct 2025+23.0%
17 Oct 2025−29.3%
24 Oct 2025−32.8%
31 Oct 2025−31.6%
7 Nov 2025−32.7%
14 Nov 2025−34.0%
21 Nov 2025−32.9%
28 Nov 2025−30.0%
5 Dec 2025−31.2%
12 Dec 2025−27.6%
19 Dec 2025−24.2%
26 Dec 2025−24.3%
2 Jan 2026−30.9%
9 Jan 2026−36.0%
16 Jan 2026−19.3%
23 Jan 2026−29.9%
1 Feb 2026−35.0%
6 Feb 2026−24.1%
13 Feb 2026−17.7%
20 Feb 2026−18.9%
27 Feb 2026−21.1%
6 Mar 2026−18.5%
3 Jul 2026−6.9%
10 Jul 2026−8.4%
17 Jul 2026+11.8%
24 Jul 2026+19.6%
31 Jul 2026+17.3%
7 Aug 2026+29.3%
14 Aug 2026+48.4%
18 Aug 2026+61.1%
21 Aug 2026+45.3%
28 Aug 2026+39.3%
4 Sep 2026+40.4%
11 Sep 2026+46.4%
18 Sep 2026+40.4%
25 Sep 2026+16.6%
28 Sep 2026+13.0%
1 Oct 2026−0.6%
9 Oct 2026+3.3%
16 Oct 2026+6.6%
23 Oct 2026−11.9%
30 Oct 2026−21.2%
6 Nov 2026−14.8%
Each bar is one week, from 2016 to now (530 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the NIFTY 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 11 years the share price moved +2,219% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 16 October 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What changed at Amal this quarter?

Three changes stood out: revenue up on a year earlier for 12 quarters in a row (every quarter we can compare), lowest operating margin in 13 quarters and highest quarterly revenue in 16 quarters.

  1. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare)

    In the September 2026 quarter revenue was ₹131 crore, +143% on a year earlier.

  2. Lowest operating margin in 13 quarters

    Operating margin was 6.5% in the September 2026 quarter, against 15.9% a year earlier.

  3. Highest quarterly revenue in 16 quarters

    Revenue of ₹131 crore in the September 2026 quarter is the highest of the last 16 quarters.

What are Amal's latest quarterly results?

For July to September 2026 (the quarter ended 30 September 2026), Amal reported revenue of ₹131 crore, up 143.0% from ₹54.0 crore a year earlier, and a profit of ₹6.16 crore, up 1.7% from ₹6.06 crore.

Amal results: July to September 2026 against a year earlier

Amal results: July to September 2026 against a year earlier
MeasureJuly to September 2026July to September 2025Change
Revenue₹131 crore₹54.0 crore+143.0%
Profit₹6.16 crore₹6.06 crore+1.7%
Earnings per share₹4.98₹4.90+1.6%
Operating margin6.5%15.9%−9.5 points

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

What is the Amal share price history?

Amal closed at ₹578.90 on 6 November 2026, down 18.6% from ₹711.40 a year earlier (7 November 2025) and up 57.3% over five years. Its highest weekly close since March 2016 was ₹1,044.90 on 25 July 2025.

Amal share price: then and now

Amal share price: then and now
WhenCloseChange to 6 Nov 2026
1 week ago · 30 Oct 2026₹533.50+8.5%
1 month ago · 9 Oct 2026₹764.95−24.3%
1 year ago · 7 Nov 2025₹711.40−18.6%
3 years ago · 3 Nov 2023₹328.15+76.4%
5 years ago · 4 Nov 2021₹368.03+57.3%
10 years ago · 4 Nov 2016₹74.16+680.6%
Earliest and lowest weekly close in our records · 11 Mar 2016₹24.96+2,219.3%
Highest weekly close since March 2016 · 25 Jul 2025₹1,044.90−44.6%
52-week high (weekly close) · 21 Aug 2026₹776.25−25.4%
52-week low (weekly close) · 27 Mar 2026₹441.65+31.1%

Weekly closing prices. Each change is the move from that price to the 6 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

543 weekly closes from 11 March 2016 to 6 November 2026.

What is the latest news on Amal?

6 Nov 2026: Amal closed at ₹578.90, up 8.5% on the week and down 24.3% on the month. Results for July to September 2026: Revenue up 143.0% and profit up 1.7% on a year earlier.

What dividend does Amal pay?

The NSE corporate-actions record has no dividend for Amal since 1 April 2021, so this page cannot show amounts per share.

Yes. Amal Ltd paid out 8% of its profit as dividends in FY26, and it paid a dividend in 2 of its last 7 reported years.

From the NSE corporate-actions record, read 7 November 2026.

Which stock lists is Amal on?

Amal is not on any of our India lists this week.

Is Amal profitable?

Amal Ltd earned ₹6.2 Cr of net profit in the Sep 2026 quarter, +1.7% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹22.0 Cr. Over 6 years profit has grown 16.1% a year on average. That is 4.7% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹6.1 Cr.

For the full year, FY26 profit was ₹22.0 Cr (−24.1% on the year before).

FY26 profit ₹22.0 Cr (−24.1% on the year before), 16.1% a year over 6 years

  • Net profit ₹22.0
FY26 profit ₹22.0 Cr (−24.1% on the year before), 16.1% a year over 6 years
QuarterNet profit
FY20₹9
FY21₹9
FY22₹1
FY23−₹16
FY24₹2
FY25₹29
FY26₹22

Growth on a year earlier

  • Growth on a year earlier −24.1%
Growth on a year earlier
QuarterGrowth on a year earlier
FY20–
FY210%
FY22−88.9%
FY23−1,700%
FY24–
FY251,350%
FY26−24.1%
Top: net profit each year, ₹ Cr. Below: growth on the year before, %. 7-year window. A grey bar is lower than the year before.

Sep 2026: ₹6.2 Cr (+1.7% on a year earlier), the 2nd quarter in a row of growth

  • Net profit (quarterly) ₹6.2
Sep 2026: ₹6.2 Cr (+1.7% on a year earlier), the 2nd quarter in a row of growth
QuarterNet profit (quarterly)
Dec 2023₹2
Mar 2024₹0
Jun 2024₹0
Sep 2024₹6
Dec 2024₹17
Mar 2025₹7
Jun 2025₹9
Sep 2025₹6
Dec 2025₹5
Mar 2026₹2
Jun 2026₹17
Sep 2026₹6

Growth on a year earlier

  • Growth on a year earlier 1.7%
Growth on a year earlier
QuarterGrowth on a year earlier
Dec 2023–
Mar 2024–
Jun 2024–
Sep 2024223.4%
Dec 2024628.6%
Mar 20251,732.4%
Jun 20251,988.9%
Sep 20259.6%
Dec 2025−69.6%
Mar 2026−72%
Jun 202678%
Sep 20261.7%
Top: net profit each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Why profit moved: revenue changed +143.0% on a year earlier and the margin moved −9.5 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed −15.5% and revenue +94.6%. Profit is growing slower than sales: rising costs are taking part of the growth.

How much revenue does Amal make, and is it growing?

Amal Ltd reported ₹131 Cr of revenue in the Sep 2026 quarter, +143.0% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 6 years it has grown 39.2% a year on average. The last full year, FY26, came in at ₹240 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹366 Cr.

FY26 revenue was ₹240 Cr, +77.8% on the year before.

FY26 revenue ₹240 Cr (+77.8% on the year before), 39.2% a year over 6 years

  • Revenue ₹240
FY26 revenue ₹240 Cr (+77.8% on the year before), 39.2% a year over 6 years
QuarterRevenue
FY20₹33
FY21₹30
FY22₹43
FY23₹61
FY24₹86
FY25₹135
FY26₹240

Growth on a year earlier

  • Growth on a year earlier 77.8%
Growth on a year earlier
QuarterGrowth on a year earlier
FY20–
FY21−9.1%
FY2243.3%
FY2341.9%
FY2441%
FY2557%
FY2677.8%
Top: revenue each year, ₹ Cr. Below: growth on the year before, %. 7-year window. A grey bar is lower than the year before.

Sep 2026: ₹131 Cr (+143.0% on a year earlier), the 12th quarter in a row of growth

  • Revenue (quarterly) ₹131
Sep 2026: ₹131 Cr (+143.0% on a year earlier), the 12th quarter in a row of growth
QuarterRevenue (quarterly)
Dec 2023₹26
Mar 2024₹21
Jun 2024₹21
Sep 2024₹30
Dec 2024₹46
Mar 2025₹39
Jun 2025₹47
Sep 2025₹54
Dec 2025₹63
Mar 2026₹76
Jun 2026₹97
Sep 2026₹131

Growth on a year earlier

  • Growth on a year earlier 143%
Growth on a year earlier
QuarterGrowth on a year earlier
Dec 202342.5%
Mar 202422.2%
Jun 202420.6%
Sep 202435.4%
Dec 202477%
Mar 202583.7%
Jun 2025130.7%
Sep 202579.6%
Dec 202536.7%
Mar 202694.4%
Jun 2026104.1%
Sep 2026143%
Top: revenue each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew +94.6% on average, against 39.2% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +96.8%, against +93.6% a year over the last 8 quarters (accelerating); profit over the last 12 months grew −23.1%, against +86.0% a year (rolling over).

How much of every ₹100 of sales does Amal keep?

Amal Ltd's operating margin was 6.5% in the Sep 2026 quarter, 9.5 percentage points lower than the same quarter a year ago. Across 7 years it has been between −9.0% and 43.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −9.5 percentage points on the year while gross margin changed −14.2 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

FY26: 15.0%, within a range of −9.0% to 43.0% over 7 years

  • Operating margin 15.0%
FY26: 15.0%, within a range of −9.0% to 43.0% over 7 years
QuarterOperating margin
FY2043%
FY2137%
FY229%
FY23−9%
FY2418%
FY2532%
FY2615%

Change on the year before (points)

  • Change on the year before (points) −17.0 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY20–
FY21−6.0 pts
FY22−28.0 pts
FY23−18.0 pts
FY24+27.0 pts
FY25+14.0 pts
FY26−17.0 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 7-year window.

Sep 2026: operating margin 6.5% (−9.5 points on a year earlier)

  • Operating margin 6.45%
Sep 2026: operating margin 6.5% (−9.5 points on a year earlier)
QuarterOperating margin
Dec 202323.46%
Mar 202418.81%
Jun 202415.07%
Sep 202431.07%
Dec 202444.55%
Mar 202526.9%
Jun 202524.58%
Sep 202515.93%
Dec 202512.93%
Mar 20269.7%
Jun 202617.7%
Sep 20266.45%

Change on a year earlier (points)

  • Change on a year earlier (points) −9.5 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Dec 2023+26.9 pts
Mar 2024+20.9 pts
Jun 2024+14.6 pts
Sep 2024+7.6 pts
Dec 2024+21.1 pts
Mar 2025+8.1 pts
Jun 2025+9.5 pts
Sep 2025−15.1 pts
Dec 2025−31.6 pts
Mar 2026−17.2 pts
Jun 2026−6.9 pts
Sep 2026−9.5 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Amal's profit turning into cash?

Over the last 3 years, 175% of Amal Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹22.0 Cr of operating cash against ₹22.0 Cr of profit. After ₹9.0 Cr of spending on assets, ₹13.0 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY26: operating cash ₹22.0 Cr against profit ₹22.0 Cr; 175% of 3 years' profit came in as cash

  • Operating cash ₹22.0
  • Net profit ₹22.0
  • Free cash ₹13
FY26: operating cash ₹22.0 Cr against profit ₹22.0 Cr; 175% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY20₹14₹9–
FY21₹10₹9₹3
FY22−₹1₹1–
FY23−₹10−₹16−₹28
FY24₹21₹2₹16
FY25₹50₹29₹48
FY26₹22₹22₹13
Operating cash flow and net profit each year, ₹ Cr. The line is free cash flow: operating cash minus spending on assets. 7-year window, yearly figures. FY22 was an acquisition year, so its point is cut off at the edge.

FY26: operating cash was 100% of profit (175% over three years)

  • Operating cash as % of profit 100%
  • Break-even line 100%
FY26: operating cash was 100% of profit (175% over three years)
QuarterOperating cash as % of profitBreak-even line
FY20156%100%
FY21111%100%
FY22−100%100%
FY23–100%
FY24300%100%
FY25172%100%
FY26100%100%
Operating cash as a share of net profit, each year, % (line). The flat line marks 100%, meaning all of the profit came in as cash; unusual years are drawn at the edge.

Why 175% of profit came in as cash: the cash cycle got 27 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets.

Where does Amal's cash go?

Amal Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 17 days in FY26, up from −10 days in FY21. It spent ₹16.0 Cr on assets over the last 3 years. Customers take 30 days to pay, and stock sits for 25 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹240 Cr, each day of that cycle ties up about ₹0.7 Cr, so roughly ₹11.0 Cr is tied up in the business at any time.

FY26: customers took 30 days to pay and stock sat for 25 days, about 0.8 months of sales sitting as stock, for a full cycle of 17 days, longer than FY21's −10.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 25 days. Customers pay about 30 days after that. Suppliers are paid at 38 days. Together that makes the 17-day cycle.

FY26: a 17-day cash cycle, +27 days compared with FY21

  • Cash cycle 17d
  • Inventory days 25d
  • Debtor days 30d
  • Payable days 38d
FY26: a 17-day cash cycle, +27 days compared with FY21
QuarterCash cycleInventory daysDebtor daysPayable days
FY2021d38d80d97d
FY21−10d53d58d120d
FY224d34d11d42d
FY2321d26d25d31d
FY2415d28d23d36d
FY25−9d33d27d68d
FY2617d25d30d38d
Debtor days, inventory days, payable days and the full cash cycle, each year. 7-year window.

Spending on assets: ₹16.0 Cr over the last 3 years, against ₹27.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is spending about what it takes to replace what wears out, or less. Work still in progress is ₹3.0 Cr (FY26): assets paid for that are not earning yet.

FY26: capex ₹9.0 Cr, work in progress ₹3.0 Cr, up from the year before

  • Capex ₹9.0
  • Work-in-progress ₹3.0
FY26: capex ₹9.0 Cr, work in progress ₹3.0 Cr, up from the year before
QuarterCapexWork-in-progress
FY21₹7₹7
FY22₹66₹66
FY23₹18₹1
FY24₹5₹1
FY25₹2₹0
FY26₹9₹3
Capital spending each year, ₹ Cr, with work in progress, ₹ Cr, as the line. Quarterly capital-spending figures are not available for India, so this is yearly.

In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean.

What is Amal's P/E ratio, and how does it compare with its own history?

Amal Ltd's P/E is 24.0×, near the low end of its own history: it has been lower only 12% of the time. Its usual P/E (the middle reading) is 46.1×, over 5.8 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

P/E 24.0× against a usual 46.1×: near the low end of its own history: it has been lower only 12% of the time

  • P/E 22.1×
  • Median 46.1×
P/E 24.0× against a usual 46.1×: near the low end of its own history: it has been lower only 12% of the time
WeekP/EMedian
22 Jan 202124.0×46.1×
29 Jan 202127.3×46.1×
5 Feb 202126.9×46.1×
12 Feb 202131.2×46.1×
19 Feb 202130.7×46.1×
26 Feb 202130.7×46.1×
5 Mar 202130.4×46.1×
12 Mar 202146.0×46.1×
19 Mar 202140.7×46.1×
26 Mar 202151.0×46.1×
1 Apr 202149.2×46.1×
9 Apr 202148.8×46.1×
16 Apr 202145.0×46.1×
23 Apr 202145.6×46.1×
30 Apr 202146.1×46.1×
7 May 202144.7×46.1×
14 May 202144.0×46.1×
21 May 202143.8×46.1×
28 May 202145.3×46.1×
4 Jun 202146.0×46.1×
11 Jun 202152.5×46.1×
18 Jun 202149.7×46.1×
25 Jun 202149.8×46.1×
2 Jul 202154.2×46.1×
9 Jul 202154.9×46.1×
16 Jul 202179.5×46.1×
23 Jul 202174.9×46.1×
30 Jul 202172.3×46.1×
6 Aug 202170.4×46.1×
13 Aug 202169.8×46.1×
20 Aug 202169.7×46.1×
27 Aug 202170.7×46.1×
3 Sep 202177.0×46.1×
9 Sep 202177.2×46.1×
17 Sep 202173.3×46.1×
24 Sep 202173.0×46.1×
1 Oct 202174.7×46.1×
8 Oct 202190.0×46.1×
14 Oct 202182.1×46.1×
22 Oct 2021102.0×46.1×
29 Oct 202198.6×46.1×
4 Nov 2021101.2×46.1×
12 Nov 202199.4×46.1×
18 Nov 202199.2×46.1×
26 Nov 202197.6×46.1×
3 Dec 202196.7×46.1×
10 Dec 202199.9×46.1×
17 Dec 202198.6×46.1×
24 Dec 202199.3×46.1×
31 Dec 2021113.2×46.1×
7 Jan 2022115.5×46.1×
14 Jan 2022109.0×46.1×
21 Jan 2022126.2×46.1×
28 Jan 2022123.9×46.1×
4 Feb 2022132.6×46.1×
11 Feb 2022122.8×46.1×
18 Feb 2022117.3×46.1×
25 Feb 2022117.3×46.1×
4 Mar 2022118.5×46.1×
11 Mar 2022118.9×46.1×
17 Mar 2022124.7×46.1×
25 Mar 2022119.9×46.1×
1 Apr 2022124.0×46.1×
8 Apr 2022124.0×46.1×
13 Apr 2022123.4×46.1×
22 Apr 2022138.3×46.1×
29 Apr 2022138.3×46.1×
6 May 2022138.3×46.1×
13 May 2022138.3×46.1×
20 May 2022138.3×46.1×
27 May 2022138.3×46.1×
3 Jun 2022138.3×46.1×
10 Jun 2022138.3×46.1×
17 Jun 2022138.3×46.1×
24 Jun 2022138.3×46.1×
1 Jul 2022138.3×46.1×
8 Jul 2022138.3×46.1×
15 Jul 2022138.3×46.1×
22 Jul 2022138.3×46.1×
29 Jul 2022138.3×46.1×
5 Aug 2022138.3×46.1×
12 Aug 2022138.3×46.1×
19 Aug 2022138.3×46.1×
26 Aug 2022138.3×46.1×
2 Sep 2022138.3×46.1×
9 Sep 2022138.3×46.1×
16 Sep 2022138.3×46.1×
23 Sep 2022138.3×46.1×
30 Sep 2022138.3×46.1×
7 Oct 2022138.3×46.1×
19 Apr 2024138.3×46.1×
26 Apr 2024138.3×46.1×
3 May 2024138.3×46.1×
10 May 2024138.3×46.1×
18 May 2024138.3×46.1×
24 May 2024138.3×46.1×
31 May 2024138.3×46.1×
7 Jun 2024138.3×46.1×
14 Jun 2024138.3×46.1×
21 Jun 2024138.3×46.1×
28 Jun 2024138.3×46.1×
5 Jul 2024138.3×46.1×
12 Jul 202495.8×46.1×
19 Jul 202494.7×46.1×
26 Jul 202494.1×46.1×
2 Aug 202491.2×46.1×
9 Aug 202487.2×46.1×
16 Aug 202486.8×46.1×
23 Aug 202487.1×46.1×
30 Aug 202486.6×46.1×
6 Sep 202486.4×46.1×
13 Sep 202486.5×46.1×
20 Sep 202484.0×46.1×
27 Sep 202481.5×46.1×
4 Oct 202482.2×46.1×
11 Oct 202484.7×46.1×
18 Oct 202460.9×46.1×
25 Oct 202454.1×46.1×
1 Nov 202460.5×46.1×
8 Nov 202462.4×46.1×
14 Nov 202460.0×46.1×
22 Nov 202460.9×46.1×
29 Nov 202465.0×46.1×
6 Dec 202466.2×46.1×
13 Dec 202462.3×46.1×
20 Dec 202464.3×46.1×
27 Dec 202462.5×46.1×
3 Jan 202567.4×46.1×
10 Jan 202567.2×46.1×
17 Jan 202535.9×46.1×
24 Jan 202537.7×46.1×
1 Feb 202544.8×46.1×
7 Feb 202539.7×46.1×
14 Feb 202536.9×46.1×
21 Feb 202535.6×46.1×
28 Feb 202535.5×46.1×
7 Mar 202535.0×46.1×
13 Mar 202534.2×46.1×
21 Mar 202538.7×46.1×
28 Mar 202536.1×46.1×
4 Apr 202536.1×46.1×
11 Apr 202534.0×46.1×
17 Apr 202535.5×46.1×
25 Apr 202526.1×46.1×
2 May 202524.2×46.1×
9 May 202521.9×46.1×
16 May 202522.6×46.1×
23 May 202522.7×46.1×
30 May 202521.4×46.1×
6 Jun 202526.5×46.1×
13 Jun 202525.4×46.1×
20 Jun 202526.1×46.1×
27 Jun 202528.4×46.1×
4 Jul 202528.6×46.1×
11 Jul 202525.9×46.1×
18 Jul 202532.7×46.1×
25 Jul 202533.8×46.1×
1 Aug 202531.8×46.1×
8 Aug 202531.8×46.1×
14 Aug 202531.5×46.1×
22 Aug 202530.3×46.1×
29 Aug 202529.8×46.1×
5 Sep 202530.1×46.1×
12 Sep 202528.6×46.1×
19 Sep 202528.2×46.1×
26 Sep 202527.8×46.1×
3 Oct 202529.8×46.1×
10 Oct 202531.7×46.1×
17 Oct 202523.3×46.1×
24 Oct 202523.7×46.1×
31 Oct 202522.8×46.1×
7 Nov 202522.7×46.1×
14 Nov 202521.5×46.1×
21 Nov 202521.6×46.1×
28 Nov 202521.7×46.1×
5 Dec 202520.9×46.1×
12 Dec 202520.5×46.1×
19 Dec 202521.9×46.1×
26 Dec 202521.9×46.1×
2 Jan 202621.5×46.1×
9 Jan 202620.1×46.1×
16 Jan 202625.5×46.1×
23 Jan 202622.4×46.1×
1 Feb 202620.8×46.1×
6 Feb 202624.4×46.1×
13 Feb 202624.8×46.1×
20 Feb 202624.2×46.1×
27 Feb 202622.6×46.1×
6 Mar 202623.0×46.1×
13 Mar 202622.1×46.1×
20 Mar 202621.6×46.1×
27 Mar 202620.0×46.1×
2 Apr 202621.5×46.1×
10 Apr 202624.3×46.1×
17 Apr 202630.6×46.1×
24 Apr 202631.3×46.1×
30 Apr 202632.6×46.1×
8 May 202633.2×46.1×
15 May 202630.7×46.1×
22 May 202630.8×46.1×
29 May 202630.4×46.1×
5 Jun 202630.2×46.1×
12 Jun 202629.7×46.1×
19 Jun 202629.5×46.1×
25 Jun 202632.3×46.1×
3 Jul 202632.7×46.1×
10 Jul 202634.0×46.1×
17 Jul 202631.3×46.1×
24 Jul 202632.2×46.1×
31 Jul 202630.8×46.1×
7 Aug 202631.1×46.1×
14 Aug 202631.0×46.1×
18 Aug 202630.8×46.1×
21 Aug 202632.3×46.1×
28 Aug 202631.6×46.1×
4 Sep 202631.0×46.1×
11 Sep 202630.8×46.1×
18 Sep 202630.0×46.1×
25 Sep 202628.0×46.1×
28 Sep 202627.3×46.1×
1 Oct 202629.1×46.1×
9 Oct 202631.8×46.1×
16 Oct 202631.2×46.1×
23 Oct 202624.3×46.1×
30 Oct 202622.1×46.1×

Earnings per share, 12 months

  • Earnings per share, 12 months ₹24
Earnings per share, 12 months
WeekEarnings per share, 12 months
22 Jan 2021–
29 Jan 2021–
5 Feb 2021–
12 Feb 2021–
19 Feb 2021–
26 Feb 2021–
5 Mar 2021–
12 Mar 2021–
19 Mar 2021–
26 Mar 2021₹7
1 Apr 2021₹7
9 Apr 2021₹7
16 Apr 2021₹7
23 Apr 2021₹7
30 Apr 2021₹7
7 May 2021₹7
14 May 2021₹7
21 May 2021₹7
28 May 2021₹7
4 Jun 2021₹7
11 Jun 2021₹7
18 Jun 2021₹7
25 Jun 2021₹7
2 Jul 2021₹7
9 Jul 2021₹7
16 Jul 2021₹7
23 Jul 2021₹7
30 Jul 2021₹7
6 Aug 2021₹7
13 Aug 2021₹7
20 Aug 2021₹7
27 Aug 2021₹7
3 Sep 2021₹7
9 Sep 2021₹7
17 Sep 2021₹7
24 Sep 2021₹5
1 Oct 2021₹5
8 Oct 2021₹5
14 Oct 2021₹5
22 Oct 2021₹5
29 Oct 2021₹5
4 Nov 2021₹5
12 Nov 2021₹5
18 Nov 2021₹5
26 Nov 2021₹5
3 Dec 2021₹5
10 Dec 2021₹5
17 Dec 2021₹5
24 Dec 2021₹5
31 Dec 2021₹4
7 Jan 2022₹4
14 Jan 2022₹4
21 Jan 2022₹4
28 Jan 2022₹4
4 Feb 2022₹4
11 Feb 2022₹4
18 Feb 2022₹4
25 Feb 2022₹4
4 Mar 2022₹4
11 Mar 2022₹4
17 Mar 2022₹4
25 Mar 2022₹3
1 Apr 2022₹3
8 Apr 2022₹3
13 Apr 2022₹3
22 Apr 2022₹3
29 Apr 2022₹3
6 May 2022₹3
13 May 2022₹3
20 May 2022₹3
27 May 2022₹3
3 Jun 2022₹3
10 Jun 2022₹3
17 Jun 2022₹3
24 Jun 2022₹1
1 Jul 2022₹1
8 Jul 2022₹1
15 Jul 2022₹1
22 Jul 2022₹1
29 Jul 2022₹1
5 Aug 2022₹1
12 Aug 2022₹1
19 Aug 2022₹1
26 Aug 2022₹1
2 Sep 2022₹1
9 Sep 2022₹1
16 Sep 2022₹1
23 Sep 2022₹1
30 Sep 2022₹1
7 Oct 2022₹1
19 Apr 2024₹1
26 Apr 2024₹1
3 May 2024₹1
10 May 2024₹1
18 May 2024₹1
24 May 2024₹1
31 May 2024₹1
7 Jun 2024₹1
14 Jun 2024₹1
21 Jun 2024₹1
28 Jun 2024₹1
5 Jul 2024₹1
12 Jul 2024₹1
19 Jul 2024₹1
26 Jul 2024₹1
2 Aug 2024₹1
9 Aug 2024₹1
16 Aug 2024₹1
23 Aug 2024₹1
30 Aug 2024₹1
6 Sep 2024₹1
13 Sep 2024₹1
20 Sep 2024₹1
27 Sep 2024₹4
4 Oct 2024₹4
11 Oct 2024₹4
18 Oct 2024₹4
25 Oct 2024₹4
1 Nov 2024₹4
8 Nov 2024₹4
14 Nov 2024₹4
22 Nov 2024₹4
29 Nov 2024₹4
6 Dec 2024₹4
13 Dec 2024₹4
20 Dec 2024₹4
27 Dec 2024₹7
3 Jan 2025₹7
10 Jan 2025₹7
17 Jan 2025₹7
24 Jan 2025₹7
1 Feb 2025₹7
7 Feb 2025₹7
14 Feb 2025₹7
21 Feb 2025₹7
28 Feb 2025₹7
7 Mar 2025₹7
13 Mar 2025₹7
21 Mar 2025₹7
28 Mar 2025₹19
4 Apr 2025₹19
11 Apr 2025₹19
17 Apr 2025₹19
25 Apr 2025₹19
2 May 2025₹19
9 May 2025₹19
16 May 2025₹19
23 May 2025₹19
30 May 2025₹19
6 Jun 2025₹19
13 Jun 2025₹19
20 Jun 2025₹19
27 Jun 2025₹24
4 Jul 2025₹24
11 Jul 2025₹24
18 Jul 2025₹24
25 Jul 2025₹24
1 Aug 2025₹24
8 Aug 2025₹24
14 Aug 2025₹24
22 Aug 2025₹24
29 Aug 2025₹24
5 Sep 2025₹24
12 Sep 2025₹24
19 Sep 2025₹24
26 Sep 2025₹31
3 Oct 2025₹31
10 Oct 2025₹31
17 Oct 2025₹31
24 Oct 2025₹31
31 Oct 2025₹31
7 Nov 2025₹31
14 Nov 2025₹31
21 Nov 2025₹31
28 Nov 2025₹31
5 Dec 2025₹31
12 Dec 2025₹31
19 Dec 2025₹31
26 Dec 2025₹31
2 Jan 2026₹31
9 Jan 2026₹31
16 Jan 2026₹31
23 Jan 2026₹31
1 Feb 2026₹31
6 Feb 2026₹31
13 Feb 2026₹31
20 Feb 2026₹31
27 Feb 2026₹31
6 Mar 2026₹31
13 Mar 2026₹31
20 Mar 2026₹31
27 Mar 2026₹22
2 Apr 2026₹22
10 Apr 2026₹22
17 Apr 2026₹22
24 Apr 2026₹22
30 Apr 2026₹22
8 May 2026₹22
15 May 2026₹22
22 May 2026₹22
29 May 2026₹22
5 Jun 2026₹22
12 Jun 2026₹22
19 Jun 2026₹22
25 Jun 2026₹18
3 Jul 2026₹18
10 Jul 2026₹18
17 Jul 2026₹18
24 Jul 2026₹18
31 Jul 2026₹18
7 Aug 2026₹18
14 Aug 2026₹18
18 Aug 2026₹18
21 Aug 2026₹18
28 Aug 2026₹18
4 Sep 2026₹18
11 Sep 2026₹18
18 Sep 2026₹18
25 Sep 2026₹18
28 Sep 2026₹24
1 Oct 2026₹24
9 Oct 2026₹24
16 Oct 2026₹24
23 Oct 2026₹24
30 Oct 2026₹24
Top: P/E each week. Below: earnings per share, trailing twelve months, leaving out one-off items, a step line that moves once a quarter; 5.8 years of history; short peaks above 138× are drawn at the top edge.

PEG 1.59: above 1.0, so the P/E is bigger than the earnings growth rate

  • PEG 1.59×
  • PEG = 1.0 1.00×
PEG 1.59: above 1.0, so the P/E is bigger than the earnings growth rate
QuarterPEGPEG = 1.0
Q4 FY250.02×1.00×
Q1 FY260.03×1.00×
Q2 FY260.08×1.00×
Q3 FY261.59×1.00×
PEG each quarter: the P/E divided by the yearly growth rate of earnings. The flat line marks 1.0. Below it the P/E is smaller than the growth rate; above it the P/E is bigger. Worked out here as the quarter-end P/E divided by the growth in earnings per share over the last 12 months (only quarters with positive growth), because a reported quarterly PEG is not available for this stock. Last 4 quarters.
24.0×P/E · lower than 88% of its last 5.8 years
n/mPEG · cannot be worked out, because 3-year earnings growth is not available

Why the multiple is where it is: over the past year earnings per share moved −23.6% while the price moved −18.6%. The price did better than earnings, which pushed the multiple up within its own range.

Where the price move came from: over 5 years the price moved +9.5% a year; about +46.0% a year came from earnings growth and about −36.5 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple.

Is the Amal business getting better or worse?

Amal Ltd's business is growing steadily. Revenue and profit growth have stayed positive throughout, and ROCE is steady at 35.2%. This is based on 12 quarters of 3 measures, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue +77.8% in FY26, profit −24.1%

  • Revenue growth 77.8%
Growth year by year: revenue +77.8% in FY26, profit −24.1%
QuarterRevenue growth
FY20–
FY21−9.1%
FY2243.3%
FY2341.9%
FY2441%
FY2557%
FY2677.8%

Profit growth, EPS growth

  • Profit growth −24.1%
  • EPS growth −23.6%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY20––
FY210%−4.2%
FY22−88.9%−87.3%
FY23−300%−300%
FY24––
FY25300%300%
FY26−24.1%−23.6%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn. Turnaround-year jumps are drawn at the edge (▲).

Three growth lines over twelve quarters: revenue accelerating, profit rolling over

  • Revenue 96.8%
Three growth lines over twelve quarters: revenue accelerating, profit rolling over
QuarterRevenue
Dec 202341.7%
Mar 202440.3%
Jun 202433%
Sep 202430.7%
Dec 202442.6%
Mar 202556.8%
Jun 202580.6%
Sep 202590.5%
Dec 202572.5%
Mar 202677.1%
Jun 202678.2%
Sep 202696.8%

Profit, EPS

  • Profit 1.7%
  • EPS −23.1%
Profit, EPS
QuarterProfitEPS
Dec 2023––
Mar 2024––
Jun 2024––
Sep 2024223.4%–
Dec 2024300%–
Mar 2025300%300%
Jun 2025300%300%
Sep 20259.6%300%
Dec 2025−69.6%19.1%
Mar 2026−72%−23.6%
Jun 202678%−22.3%
Sep 20261.7%−23.1%
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. Where the 12-month history is short, the line uses single-quarter growth instead, which is noisier; extreme jumps from a tiny base are evened out before reading. Extreme jumps from a tiny base are drawn at the edge (▲). A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 35.2%
ROCE: the return line, worked out each quarter
QuarterROCE
Dec 20233.5%
Mar 20247.2%
Jun 202410.4%
Sep 202415.9%
Dec 202432.6%
Mar 202536.5%
Jun 202545.8%
Sep 202544%
Dec 202531.9%
Mar 202625.3%
Jun 202635.2%
Sep 2026–
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
RisingRevenue growth · latest +96.8%, range +30.7% to +96.8%
RisingProfit growth · latest +1.7%, range −72.0% to +100.0%
Turning downROCE · latest 35.2%, range 3.5% to 45.8%

Why it matters: steady growth with healthy returns is how a business compounds over time.

One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.

This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue+77.8%+57.9%+51.6%—
Profit−24.1%—+19.6%—
EPS−23.6%—+20.6%—
Share price−18.6%+20.8%+9.5%+22.8%
+143.0%Revenue growth (Sep 2026) · latest quarter against a year ago
+1.7%Profit growth (Sep 2026) · latest quarter against a year ago
39.2%Revenue, 6 years · yearly growth over the long run

How much does Amal earn on its capital?

Amal Ltd earned a ROCE of 26% in FY26. That is up from a low of −12% in FY23. Its return on capital used (ROIC) is 17.3 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 9.2% net margin and 1.56× asset turnover (sales divided by assets).

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

Why the return is what it is (FY26): a 9.2% net margin × 1.56× asset turnover × 1.28× leverage (assets divided by equity) ≈ 18.4% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed.

The key test, return on capital used minus the cost of capital: 29.3% − 12.0% = +17.3 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. A gap this wide means each rupee put back into the business creates more than a rupee of value.

The 29.3% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 26.6%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

FY26: ROCE 26%, the climb back from FY23's −12%

  • ROCE 26%
  • ROIC (annual) 26.6%
  • Cost of capital 12%
FY26: ROCE 26%, the climb back from FY23's −12%
QuarterROCEROIC (annual)Cost of capital
FY2133%–12%
FY224%2.9%12%
FY23−12%−13.2%12%
FY247%4%12%
FY2536%36.6%12%
FY2626%26.6%12%
Return on capital employed each year, % (line); ROIC each year, % (line). 6-year window, low years included. The flat line is the 12.0% cost of capital used on this page.

Q4 FY26: ROCE 21.1% (last 12 months) against a 12.0% cost of capital

  • ROCE (12 months) 21.1%
  • ROIC (12 months) 27.1%
  • Cost of capital 12.0%
Q4 FY26: ROCE 21.1% (last 12 months) against a 12.0% cost of capital
QuarterROCE (12 months)ROIC (12 months)Cost of capital
Q2 FY24−4.9%−13.5%12%
Q3 FY24–−5.4%12%
Q4 FY247.1%0.7%12%
Q1 FY25–4.2%12%
Q2 FY2516.7%7.2%12%
Q3 FY25–11.7%12%
Q4 FY2534.2%28.8%12%
Q1 FY26–36.8%12%
Q2 FY2636.7%47.8%12%
Q3 FY26–48%12%
Q4 FY2621.1%33.7%12%
Q1 FY27–27.1%12%
ROCE and ROIC over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does Amal have too much debt?

Amal Ltd has total debt of ₹8.0 Cr against shareholder equity of ₹76.0 Cr as of Dec 2024, so its debt is 0.11× its equity, which is very little. Year by year, that ratio went from 1.46 in FY22 to 0.34 in FY24. So the returns on this page come from the business, not from borrowed money.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY24: debt ₹24.0 Cr, 0.34× equity

  • Total debt ₹24.0
FY24: debt ₹24.0 Cr, 0.34× equity
QuarterTotal debt
FY22₹51
FY23₹35
FY24₹24

Debt-to-equity

  • Debt-to-equity 0.34×
Debt-to-equity
QuarterDebt-to-equity
FY221.46×
FY230.51×
FY240.34×
Top: total debt each year, ₹ Cr. Below: debt-to-equity, ×. 3-year window.

Dec 2024: debt ₹8.0 Cr, debt-to-equity 0.11

  • Total debt (quarterly) ₹8.0
Dec 2024: debt ₹8.0 Cr, debt-to-equity 0.11
QuarterTotal debt (quarterly)
Mar 2022₹51
Jun 2022₹51
Sep 2022₹59
Dec 2022₹59
Mar 2023₹35
Jun 2023₹35
Sep 2023₹33
Dec 2023₹33
Mar 2024₹24
Jun 2024₹24
Sep 2024₹8
Dec 2024₹8

Debt-to-equity

  • Debt-to-equity 0.11×
Debt-to-equity
QuarterDebt-to-equity
Mar 20221.46×
Jun 20221.46×
Sep 20222.11×
Dec 20222.11×
Mar 20230.51×
Jun 20230.51×
Sep 20230.49×
Dec 20230.49×
Mar 20240.34×
Jun 20240.34×
Sep 20240.11×
Dec 20240.11×
Top: total debt each quarter, ₹ Cr. Below: debt-to-equity, ×. Last 12 quarters. Indian companies report the full balance sheet every six months, so the quarter in between repeats the last reading.

What is the Amal shareholding pattern?

No group of Amal Ltd's owners changed its stake by a full percentage point over the last two years. Domestic institutions moved +0.0 points over the same period, to 0.0%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Promoters: +0.0 points over 8 quarters, to 71.3%; Domestic institutions: +0.0 points over 8 quarters, to 0.0%.

Year ends: promoters unchanged from Mar 2024 to Mar 2026

  • Promoters 71.34%
  • Domestic inst. 0.02%
  • Public 28.64%
Year ends: promoters unchanged from Mar 2024 to Mar 2026
QuarterPromotersDomestic inst.Public
Mar 202471.32%0.02%28.65%
Mar 202571.34%0.02%28.64%
Mar 202671.34%0.02%28.64%
Shareholding at each year end (March quarter), % of the company. 3 year ends on file.

No owner group moved a full point in two years

  • Promoters 71.35%
  • Domestic inst. 0.03%
  • Public 28.61%
No owner group moved a full point in two years
QuarterPromotersDomestic inst.Public
Sep 202371.32%0.02%28.65%
Dec 202371.32%0.02%28.67%
Mar 202471.32%0.02%28.65%
Jun 202471.32%0.02%28.67%
Sep 202471.34%0.02%28.64%
Dec 202471.34%0.02%28.64%
Mar 202571.34%0.02%28.64%
Jun 202571.34%0.02%28.65%
Sep 202571.34%0.02%28.65%
Dec 202571.34%0.02%28.64%
Mar 202671.34%0.02%28.64%
Jun 202671.35%0.03%28.63%
Sep 202671.35%0.03%28.61%
Shareholding by owner group, % of the company, each quarter, last 13 quarters.

How far is Amal from balance-sheet trouble?

For Amal Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

How does Amal rank in its industry?

41.3 out of 100, rank 25 of 30 in Speciality Chemicals, with 68% of the evidence available.

Amal Ltd scores 41.3 out of 100 against the 30 companies it is compared with in Speciality Chemicals, ranking 25. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

The four parts add up to the total exactly: 8 + 14.9 + 10.6 + 7.8 = 41.3. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Which companies is Amal compared with?

Amal ranks 25 of 30 Speciality Chemicals companies on the 4-Factor Sector Score, with 41.3 out of 100.

  1. 1Panama Petrochem LtdPANAMAPET · turning · Sector-leading setup · 96% evidence82.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 30.8/35 · Revenue 45.9% · Profit 100% · Operating margin change 14 points · 88% evidenceCapital efficiency 17.9/25 · ROCE 19.2% · Operating margin 22% · 100% evidenceValuation 19.7/20 · P/E 5.7× · PEG 0.18 · 100% evidenceRelative strength 13.9/20 · Lead over its industry 16.3% · Lead over NIFTY 500 31.3% · 1 year 68.1% · 100% evidence · 10 of 12 weeks aheadExact sum: 30.8 + 17.9 + 19.7 + 13.9 = 82.3 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  2. 2Yasho Industries LtdYASHO · losing its lead · Most evidence points up · 78% evidence67.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 30.3/35 · Revenue 54.2% · Profit 100% · Operating margin change 3 points · 100% evidenceCapital efficiency 12.5/25 · ROCE 8.9% · Operating margin 21% · 100% evidenceValuation 12.7/20 · P/E 45× · PEG 1.02 · 65% evidenceRelative strength 12.2/20 · Lead over its industry — · Lead over NIFTY 500 41.1% · 1 year 103.4% · 25% evidence · 11 of 12 weeks aheadExact sum: 30.3 + 12.5 + 12.7 + 12.2 = 67.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  3. 3Galaxy Surfactants LtdGALAXYSURF · leader · Most evidence points up · 85% evidence66.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 27.8/35 · Revenue 30.2% · Profit 42.3% · Operating margin change 2 points · 100% evidenceCapital efficiency 11.7/25 · ROCE 13.5% · Operating margin 10% · 100% evidenceValuation 15.5/20 · P/E 18.4× · PEG 1.11 · 100% evidenceRelative strength 11.4/20 · Lead over its industry — · Lead over NIFTY 500 11% · 1 year -5.1% · 25% evidence · 12 of 12 weeks aheadExact sum: 27.8 + 11.7 + 15.5 + 11.4 = 66.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  4. 4Vikram Thermo (India) Ltdbreaking out · Evidence leans up · 68% evidence63.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 23.6/35 · Revenue 16.9% · Profit 41.9% · Operating margin change 8 points · 83% evidenceCapital efficiency 21.2/25 · ROCE 36.2% · Operating margin 48% · 95% evidenceValuation 6.6/20 · P/E 25.8× · PEG — · 50% evidenceRelative strength 12.5/20 · Lead over its industry — · Lead over NIFTY 500 74.5% · 1 year — · 25% evidence · 12 of 12 weeks aheadExact sum: 23.6 + 21.2 + 6.6 + 12.5 = 63.9 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  5. 5Sunshield Chemicals LtdSUNSHIEL · quiet · Evidence leans up · 81% evidence61.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 23.8/35 · Revenue 12.9% · Profit 100% · Operating margin change 5 points · 88% evidenceCapital efficiency 15.8/25 · ROCE 19.9% · Operating margin 16% · 100% evidenceValuation 10.7/20 · P/E 24.3× · PEG 2.21 · 100% evidenceRelative strength 10.8/20 · Lead over its industry — · Lead over NIFTY 500 4.3% · 1 year -4% · 25% evidence · 0 of 5 weeks aheadExact sum: 23.8 + 15.8 + 10.7 + 10.8 = 61.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  6. 6Black Rose Industries LtdBLACKROSE · quiet · Evidence leans up · 81% evidence60.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 23.5/35 · Revenue 8.6% · Profit 28.6% · Operating margin change 6 points · 88% evidenceCapital efficiency 16.5/25 · ROCE 18.7% · Operating margin 16% · 100% evidenceValuation 10.0/20 · P/E 17.1× · PEG 4.96 · 100% evidenceRelative strength 10.9/20 · Lead over its industry — · Lead over NIFTY 500 4.4% · 1 year — · 25% evidence · 7 of 12 weeks aheadExact sum: 23.5 + 16.5 + 10 + 10.9 = 60.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  7. 7Tatva Chintan Pharma Chem LtdTATVA · losing its lead · Evidence leans up · 93% evidence60.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 28.8/35 · Revenue 49.2% · Profit 100% · Operating margin change 1 points · 100% evidenceCapital efficiency 8.8/25 · ROCE 7.2% · Operating margin 19% · 100% evidenceValuation 11.1/20 · P/E 60.2× · PEG 1.21 · 65% evidenceRelative strength 11.4/20 · Lead over its industry 7.8% · Lead over NIFTY 500 23.3% · 1 year 15.6% · 100% evidence · 10 of 12 weeks aheadExact sum: 28.8 + 8.8 + 11.1 + 11.4 = 60.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  8. 8Aether Industries LtdAETHER · leader · Evidence leans up · 90% evidence59.5out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 22.2/35 · Revenue 30.2% · Profit 28.4% · Operating margin change 1 points · 100% evidenceCapital efficiency 12.8/25 · ROCE 11.9% · Operating margin 32% · 100% evidenceValuation 9.7/20 · P/E 81.6× · PEG — · 50% evidenceRelative strength 14.8/20 · Lead over its industry 22.3% · Lead over NIFTY 500 38.6% · 1 year 114.4% · 100% evidence · 12 of 12 weeks aheadExact sum: 22.2 + 12.8 + 9.7 + 14.8 = 59.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  9. 9Privi Speciality Chemicals LtdPRIVISCL · quiet · Evidence leans up · 82% evidence59.5out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 23.7/35 · Revenue 17.5% · Profit 44.5% · Operating margin change -1 points · 95% evidenceCapital efficiency 18.6/25 · ROCE 22.3% · Operating margin 26% · 76% evidenceValuation 10.1/20 · P/E 33.7× · PEG — · 50% evidenceRelative strength 7.1/20 · Lead over its industry -9.7% · Lead over NIFTY 500 4.2% · 1 year 10.5% · 100% evidence · 2 of 12 weeks aheadExact sum: 23.7 + 18.6 + 10.1 + 7.1 = 59.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  10. 10Fineotex Chemical LtdFCL · leader · Evidence leans up · 96% evidence58.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 20.1/35 · Revenue 91.5% · Profit 41% · Operating margin change -2 points · 88% evidenceCapital efficiency 13.8/25 · ROCE 18.3% · Operating margin 16% · 100% evidenceValuation 5.5/20 · P/E 51× · PEG 1.92 · 100% evidenceRelative strength 19.5/20 · Lead over its industry 34.1% · Lead over NIFTY 500 48.9% · 1 year 62.9% · 100% evidence · 12 of 12 weeks aheadExact sum: 20.1 + 13.8 + 5.5 + 19.5 = 58.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  11. 11DMCC Speciality Chemicals LtdDMCC · quiet · Evidence leans up · 93% evidence55.3out of 100GrowthCapitalValuationRelative
  12. 12Aarti Industries LtdAARTIIND · quiet · Evidence leans up · 100% evidence55.2out of 100GrowthCapitalValuationRelative
  13. 13DIC India LtdDICIND · breaking out · Evidence leans up · 81% evidence52.7out of 100GrowthCapitalValuationRelative
  14. 14Pidilite Industries LtdPIDILITIND · quiet · Evidence leans up · 100% evidence52.5out of 100GrowthCapitalValuationRelative
  15. 15Neogen Chemicals LtdNEOGEN · leader · Evidence leans up · 90% evidence51.7out of 100GrowthCapitalValuationRelative
  16. 16Kronox Lab Sciences LtdKRONOX · breaking out · Evidence leans up · 74% evidence51.1out of 100GrowthCapitalValuationRelative
  17. 17Chemcon Speciality Chemicals LtdCHEMCON · breaking out · Evidence leans up · 85% evidence50.5out of 100GrowthCapitalValuationRelative
  18. 18Paushak LtdPAUSHAKLTD · losing its lead · Evidence leans down · 85% evidence45.7out of 100GrowthCapitalValuationRelative
  19. 19Platinum Industries LtdPLATIND · turning · Evidence leans down · 81% evidence45.5out of 100GrowthCapitalValuationRelative
  20. 20Grauer & Weil (India) LtdGRAUWEIL · breaking out · Evidence leans down · 100% evidence43.8out of 100GrowthCapitalValuationRelative
  21. 21Anupam Rasayan India LtdANURAS · turning · Evidence leans down · 78% evidence43.8out of 100GrowthCapitalValuationRelative
  22. 22Amines & Plasticizers LtdAMNPLST · quiet · Evidence leans down · 85% evidence43.6out of 100GrowthCapitalValuationRelative
  23. 23Vinati Organics LtdVINATIORGA · quiet · Evidence leans down · 82% evidence42.6out of 100GrowthCapitalValuationRelative
  24. 24Alkyl Amines Chemicals LtdALKYLAMINE · quiet · Evidence leans down · 100% evidence41.3out of 100GrowthCapitalValuationRelative
  25. 25Amal Ltd this pageAMAL · quiet · Evidence leans down · 68% evidence41.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 8.0/35 · Revenue 96.8% · Profit -23.1% · Operating margin change -9.5 points · 100% evidenceCapital efficiency 14.9/25 · ROCE 26% · Operating margin 6.5% · 100% evidenceValuation 10.6/20 · P/E 22.1× · PEG — · 15% evidenceRelative strength 7.8/20 · Lead over its industry — · Lead over NIFTY 500 -9.8% · 1 year -25.5% · 25% evidence · 2 of 5 weeks aheadExact sum: 8 + 14.9 + 10.6 + 7.8 = 41.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  26. 26Innovassynth Technologies (India) Ltdbreaking out · Too little evidence to rank firmly · 57% evidence40.1out of 100GrowthCapitalValuationRelative
  27. 27Transpek Industry LtdTRANSPEK · losing its lead · Evidence leans down · 63% evidence38.7out of 100GrowthCapitalValuationRelative
  28. 28Clean Science & Technology LtdCLEAN · breaking out · Evidence leans down · 85% evidence38.0out of 100GrowthCapitalValuationRelative
  29. 29Vishnu Chemicals LtdVISHNU · losing its lead · Evidence leans down · 100% evidence37.4out of 100GrowthCapitalValuationRelative
  30. 30Thirumalai Chemicals LtdTIRUMALCHM · quiet · Most evidence points down · 68% evidence28.0out of 100GrowthCapitalValuationRelative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Speciality Chemicals, all 30 compared on one page.

Which companies are close to Amal in size?

Amal is the 27th largest of 30 Speciality Chemicals companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Kronox Lab Sciences, Transpek Industry and Chemcon Speciality Chemicals. Just below it: DMCC Speciality Chemicals, Black Rose Industries and DIC India.

Speciality Chemicals companies close in size

  1. Kronox Lab Sciences Ltd ₹723 crore
  2. Transpek Industry Ltd ₹682 crore
  3. Chemcon Speciality Chemicals Ltd ₹666 crore
  4. Amal Ltd ₹658 crore
  5. DMCC Speciality Chemicals Ltd ₹634 crore
  6. Black Rose Industries Ltd ₹491 crore
  7. DIC India Ltd ₹474 crore

All 30 Speciality Chemicals companies, largest first

Companies close in size in other industries

  1. R M Drip & Sprinklers Systems Ltd ₹661 crore · Plastics - Drip Irrigation
  2. Parth Electricals & Engineering Ltd ₹659 crore · Electric Equipment - General
  3. Amal Ltd ₹658 crore
  4. Orbit Exports Ltd ₹658 crore · Textiles - Weaving
  5. Banganga Paper Industries Ltd ₹657 crore · Steel Products

What else do people ask about Amal?

What is Amal's share price today?

Amal Ltd's share price is ₹578.90, −18.6% over the past year. The whole company is worth ₹715 Cr on the market.

In the last 52 weeks it traded between ₹442 to ₹776; today it is 41% of the way up from the low, 13.3% below its 200-day average (as of 6 November 2026).

What were Amal's latest quarterly results?

Amal Ltd reported revenue of ₹131 Cr and net profit of ₹6.2 Cr for the Sep 2026 quarter. Revenue rose 143.0% and profit rose 1.7% compared with a year earlier. Earnings per share were ₹4.98.

The operating margin was 6.5%, 9.5 percentage points lower than a year earlier (as of 6 November 2026).

What is Amal's market cap?

Amal Ltd's market capitalisation is ₹715 Cr at a share price of ₹578.90. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 6 November 2026).

How is Amal performing?

Amal Ltd's share price has been rising for 14 weeks. In its latest quarter, revenue rose 143.0% and profit rose 1.7% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 3 weeks running (as of 6 November 2026).

Will Amal's share price go up?

This page does not forecast Amal Ltd's share price. What it shows instead: the share price is ₹578.90, and it has been rising for 14 weeks. Its P/E of 24.0× is higher than 12% of its own last 6 years (as of 6 November 2026).

Does Amal have too much debt?

No, Amal Ltd has little debt: its debt is 0.00× its equity, and its operating profit is 36 times its interest bill. FY26 borrowings were ₹0.0 Cr against equity of ₹120 Cr. So the returns on this page come from the business, not borrowed money (as of 6 November 2026).

Where is Amal in its business cycle?

Amal Ltd's FY26 operating margin was 15.0%, against a 7-year range of −9.0% to 43.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 6.5%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 6 November 2026).

What could break the Amal story?

Biggest thing to watch: the price has already been rising for 14 weeks, so timing is the risk more than the business.

On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 6 November 2026).

Is Amal a stock worth studying right now?

What the numbers show: Amal Ltd's results are improving, while its P/E is near the low end of its own history over 5.8 years, higher than only 12% of past readings. The main open question: the next one or two quarters of results.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 6 November 2026).

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 6 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

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