Amal Limited - Once Again
Amal Limited at current Level is Looking Good. Cmp :- 137 Market Cap :- 94.10 Cr. BSE code =506597 Company Profile :- Amal Ltd is engaged in manufacturing and marketing bulk chemicals such as Sulphuric Acid and Oleum and their downstream products such as Sulphur Dioxide and Sulphur Trioxide. The plant is located in Ankleshwar, Gujarat, India. Company's major Client is Atul Ltd. Financial :- Comparing to peers Amal Ltd has PE of 8.84 with Highest Yearly Net profit of 8.89 Cr in FY16..and EPS of 12.65 against PAT of 1.35 Cr in FY16 and Eps 1.92 Company posted Net profit of 1.39 Cr in Q1 FY17 against 0.39 Cr in Q4 Of FY16. Quarterly result is also increasing. If we calculate and compare with average PAT of FY16 than at Q1 FY17 PAT at Rs 1.39 cr has Fallen at -37.4 % over average PAT of the previous four quarters of Rs 2.22 Cr Products :- Amal Ltd manufactures Sulphuric Acid, Oleum 25%, Sulphur Trioxide and Sulphur Dioxide in its plant at Ankleshwar, G...