This Low-Debt Chemical Company Posted Strong Q3 FY25 Results Registering 200 per cent PAT Growth; Stock Price Locked in 10 Per cent Upper Circuit

The company's stock price has given 102 per cent multibagger returns in last 6 months.

Shares of Amal Ltd locked in the 10 per cent upper circuit on Monday to Rs 730 per share. The company has declared its strong Q3 FY25 quarterly financial results.

In the Quarterly Results of December 2024, the revenue from operations stood at Rs 16.13 crore, showing a year-on-year growth of 63.92 per cent compared to Rs 9.84 crore in December 2023 and a quarter-on-quarter increase of 42.11 per cent from Rs 11.35 crore in September 2024. The net profit for December 2024 was Rs 3.83 crore, marking a substantial year-on-year growth of 208.87 per cent from Rs 1.24 crore in December 2023 and a quarter-on-quarter rise of 117.61 per cent from Rs 1.76 crore in September 2024. The net profit margin for the quarter was 15.51 per cent, up from 12.60 per cent in the previous quarter.

For the financial year 2024, the revenue totalled Rs 86.09 crore, reflecting a 40.39 per cent growth from Rs 61.32 crore in FY23. The net profit surged to Rs 22.89 crore, registering an exceptional year-on-year growth of 1396.08 per cent compared to Rs 1.53 crore in FY23. The net profit margin for FY24 stood at 26.59 per cent, significantly higher than 2.50 per cent in FY23.

Amal Ltd. (India) engages in the provision of manufacturing and marketing of bulk chemicals. Its products include sulphuric acid, oleum, sulphur dioxide, and sulphur trioxide. The company was founded on July 4, 1974 and is headquartered in Mumbai, India.

Amal Ltd currently has a market capitalisation of Rs 903 crore, with its stock priced at Rs 731. The stock has a 52-week high and low of Rs 731 and Rs 296, respectively. It trades at a price-to-earnings (P/E) ratio of 39.5, whereas the industry price-to-earnings (P/E) ratio is 32.2x, indicating stock trading at a premium, with a book value of Rs 61.4. The company's stock price has given 102 per cent multibagger returns in last 6 months.

Investors should keep a close eye on this micro-cap stock.

Disclaimer: The article is for informational purposes only and not investment advice.