Acutaas Chemicals Ltd
Acutaas Chemicals Ltd
HealthcareAmi Organics Limited is one of the leading research and development-driven manufacturers of specialty chemicals. The company manufactures different types of Advanced Pharmaceutical Intermediates and Active Pharmaceutical Ingredients (API) for New Chemical Entities, and materials for agrochemicals and fine chemicals.[1]
Acutaas Chemicals delivers exceptional profit growth of 62% CAGR over 3 years and is almost debt-free, but trades at a steep PE of 72x and 16.1x book value, making the risk-reward asymmetric at current levels. The 187% stock price rally in the last year has likely front-loaded much of the near-term upside.
Key Fundamentals
SmallcapPharmaceuticalsHealthcareTechnical Indicators
Key Insights
Strengths
3- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 45.8% CAGR over last 5 years
Weaknesses
2- Stock is trading at 16.2 times its book value
- Promoter holding has decreased over last 3 years: -6.75%
Growth Rate
AI Analysis — Bull vs Bear
Acutaas Chemicals delivers exceptional profit growth of 62% CAGR over 3 years and is almost debt-free, but trades at a steep PE of 72x and 16.1x book value, making the risk-reward asymmetric at current levels. The 187% stock price rally in the last year has likely front-loaded much of the near-term upside.
- Compounded profit growth of 62% CAGR over 3 years signals strong earnings momentum and operating leverage
- Company is almost debt-free, providing financial flexibility and lower risk during interest rate cycles
- Sales growth of 30% CAGR over 3 years and 33% TTM indicates sustained demand and market share gains
- ROE improved to 24% last year from an 18% 5-year average, showing improving capital efficiency
- 87.5% of analyst ratings are Buy (7 out of 8 analysts), reflecting broad consensus on growth outlook
- 5-year compounded profit CAGR of 45.8% demonstrates long-term earnings compounding ability
- Market cap of Rs 26,046 Cr still leaves room for re-rating if growth sustains in specialty chemicals/healthcare segment
- Expected to deliver a good upcoming quarter, suggesting near-term earnings catalyst
- PE ratio of 72x is extremely elevated, pricing in multiple years of flawless execution with no margin of safety
- Trading at 16.1x book value leaves significant downside risk if growth decelerates even modestly
- Promoter holding has decreased by 6.75% over last 3 years, raising concerns about insider confidence
- Stock has rallied 187% in 1 year, increasing probability of mean reversion or profit-booking correction
- Dividend yield of just 0.05% offers virtually no downside protection or income support
- ROE and ROCE data gaps (null values) limit full visibility into sustainable return on capital
- No 52-week high/low data available (reported as 0), making technical risk assessment difficult
- Small analyst coverage of only 8 total ratings increases information asymmetry and liquidity risk
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
- SGM-Technical role resignation May 18
Mr. Trilok Vasant Sontakke resigned as Senior General Manager – Technical Support Department effective May 15, 2026, citing personal reasons.
TL;DR: Limited recent news flow for Acutaas Chemicals. The only development is a mid-level managerial resignation for personal reasons, which does not signal operational distress. With no material positive or negative catalysts visible, the near-term outlook remains data-starved and investors should watch for further management changes or operational updates.
Quarterly Results
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 186 | 154 | 172 | 166 | 225 | 177 | 247 | 275 | 308 | 207 | 306 | 393 | 433 |
| Expenses | 146 | 120 | 148 | 140 | 182 | 147 | 198 | 206 | 224 | 156 | 211 | 243 | 249 |
| Operating Profit | 41 | 34 | 25 | 27 | 43 | 30 | 49 | 69 | 85 | 51 | 95 | 151 | 184 |
| OPM % | 22% | 22% | 14% | 16% | 19% | 17% | 20% | 25% | 28% | 25% | 31% | 38% | 42% |
| Other Income | 0 | 1 | -30 | 3 | 1 | 1 | 8 | 2 | 6 | 16 | 10 | 5 | 11 |
| Interest | 1 | 1 | 1 | 3 | 2 | 4 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 3 | 4 | 4 | 4 | 5 | 6 | 7 | 6 | 7 | 8 | 8 | 10 | 10 |
| PBT | 37 | 31 | -10 | 24 | 37 | 20 | 50 | 63 | 83 | 58 | 96 | 145 | 184 |
| Tax % | 26% | 28% | 71% | 25% | 31% | 26% | 25% | 28% | 24% | 24% | 25% | 27% | 27% |
| Net Profit | 27 | 22 | -17 | 18 | 26 | 15 | 38 | 45 | 63 | 44 | 72 | 106 | 134 |
| EPS in Rs | 3.73 | 2.71 | -2.55 | 2.27 | 3.41 | 1.71 | 4.56 | 5.49 | 7.63 | 5.41 | 8.82 | 13.19 | 16.09 |
Profit & Loss
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 160 | 188 | 239 | 240 | 341 | 520 | 617 | 717 | 1,007 | 1,339 |
| Expenses | 137 | 157 | 196 | 198 | 260 | 415 | 493 | 589 | 775 | 859 |
| Operating Profit | 23 | 31 | 42 | 42 | 80 | 105 | 123 | 128 | 232 | 480 |
| OPM % | 14% | 16% | 18% | 17% | 24% | 20% | 20% | 18% | 23% | 36% |
| Other Income | 0 | 3 | 0 | 2 | 1 | 3 | 4 | -25 | 17 | 42 |
| Interest | 3 | 3 | 5 | 6 | 6 | 6 | 2 | 6 | 6 | 3 |
| Depreciation | 1 | 2 | 3 | 4 | 4 | 10 | 12 | 16 | 27 | 36 |
| PBT | 19 | 28 | 35 | 35 | 72 | 91 | 112 | 82 | 216 | 483 |
| Tax % | 35% | 35% | 34% | 21% | 25% | 21% | 26% | 41% | 26% | 26% |
| Net Profit | 12 | 18 | 23 | 27 | 54 | 72 | 83 | 49 | 160 | 356 |
| EPS in Rs | 40.17 | 61.67 | 11.1 | 13.08 | 8.57 | 9.87 | 11.43 | 5.8 | 19.38 | 43.51 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 15% | 13% | 26% | 8% | 6% |
Balance Sheet
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 10 | 10 | 32 | 36 | 36 | 37 | 41 | 41 |
| Reserves | 37 | 56 | 72 | 101 | 135 | 486 | 558 | 637 | 1,269 | 1,613 |
| Borrowings | 27 | 44 | 54 | 59 | 137 | 1 | 4 | 217 | 13 | 36 |
| Other Liabilities | 43 | 54 | 77 | 61 | 110 | 136 | 169 | 205 | 227 | 295 |
| Total Liabilities | 109 | 155 | 213 | 232 | 413 | 659 | 767 | 1,096 | 1,549 | 1,984 |
| Fixed Assets | 28 | 32 | 79 | 85 | 186 | 205 | 259 | 427 | 570 | 745 |
| CWIP | 11 | 30 | 2 | 12 | 0 | 3 | 30 | 125 | 130 | 332 |
| Investments | 1 | 3 | 2 | 2 | 1 | 2 | 2 | 0 | 0 | 0 |
| Other Assets | 68 | 91 | 131 | 133 | 225 | 450 | 477 | 543 | 848 | 907 |
| Total Assets | 109 | 155 | 213 | 232 | 413 | 659 | 767 | 1,096 | 1,549 | 1,984 |
Cash Flow
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 29 | 8 | 15 | 27 | 28 | -12 | 66 | 125 | 118 | 292 |
| Investing | -19 | -25 | -21 | -24 | -101 | -121 | -33 | -365 | -224 | -266 |
| Financing | -7 | 15 | 6 | 0 | 72 | 140 | -12 | 239 | 261 | 4 |
| Net Cash Flow | 3 | -2 | 0 | 3 | -1 | 8 | 20 | -1 | 156 | 30 |
| Free Cash Flow | 10 | -16 | -7 | 6 | -77 | -46 | -31 | -190 | -76 | -36 |
| CFO/OP | 153 | 53 | 68 | 85 | 52 | 10 | 73 | 116 | 71 | 84 |
Ratios
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 83 | 97 | 116 | 86 | 129 | 115 | 136 | 105 | 105 | 99 |
| Inventory Days | 76 | 89 | 95 | 148 | 123 | 150 | 131 | 139 | 119 | 149 |
| Days Payable | 148 | 154 | 168 | 146 | 172 | 158 | 157 | 119 | 103 | 99 |
| Cash Conversion Cycle | 11 | 31 | 43 | 88 | 80 | 107 | 111 | 125 | 121 | 149 |
| Working Capital Days | 46 | 64 | 28 | 34 | 51 | 141 | 139 | 79 | 123 | 116 |
| ROCE % | — | 38% | 34% | 27% | 33% | 24% | 21% | 16% | 20% | 32% |
Documents
Frequently Asked Questions about Acutaas Chemicals Ltd
What does Acutaas Chemicals Ltd do?
Where is Acutaas Chemicals Ltd (ACUTAAS) listed?
Which sector does Acutaas Chemicals Ltd belong to?
What is the market capitalisation of Acutaas Chemicals Ltd?
What is the PE ratio of Acutaas Chemicals Ltd?
What is the 52-week high and low of Acutaas Chemicals Ltd?
Does Acutaas Chemicals Ltd pay dividends?
What is the Return on Equity (ROE) of Acutaas Chemicals Ltd?
How can I research Acutaas Chemicals Ltd on Tapetide?
Company Information
Ami Organics Limited is one of the leading research and development-driven manufacturers of specialty chemicals. The company manufactures different types of Advanced Pharmaceutical Intermediates and Active Pharmaceutical Ingredients (API) for New Chemical Entities, and materials for agrochemicals and fine chemicals.[1]