Amal Ltd Q1 FY27 Results: Net Profit Jumps 780% QoQ, Stock Hits Upper Circuit
By Kaushik Brahmakshatriya
Published On 18 July 2026.
Amal Ltd Q1 FY27 results
Amal Ltd, a Gujarat-based manufacturer of bulk chemicals, announced its financial results for the first quarter of FY27 (April–June 2026) on July 17, 2026, and the numbers surprised the street. The company, which is best known for producing sulphuric acid, oleum, and their downstream derivatives such as sulphur dioxide and sulphur trioxide, delivered a sharp jump in both revenue and profitability, sending its share price soaring by 20 percent in a single trading session.
Founded in 1974 and headquartered in Atul, Gujarat, Amal supplies chemicals used across the dyestuff, textile, electroplating, brewery, and food processing industries. The company operates as a single-segment bulk chemicals manufacturer and is listed on the BSE under the code 506597.
Q1 FY27 Performance Highlights
For the quarter ended June 2026, Amal reported revenue of ₹96.53 crore, marking a 27.5 percent sequential increase over the previous quarter. Net profit for the quarter came in at ₹16.72 crore, a massive 780 percent jump compared to the preceding quarter, driven largely by improved realizations and operating leverage. Earnings per share rose to ₹13.53 for the quarter, up from ₹7.61 in the same quarter a year earlier.
The strong show pushed the stock to its 20 percent upper circuit limit, touching an intraday high of ₹752.15 against the previous close of ₹626.80. This rally lifted Amal’s market capitalization to approximately ₹929.86 crore.
Financial Highlights
| Metric | Q1 FY27 | Previous Quarter / Comparable |
| Revenue | ₹96.53 crore | Up 27.5% QoQ |
| Net Profit | ₹16.72 crore | Up 780% QoQ |
| EPS | ₹13.53 | ₹7.61 (Q1 FY26) |
| ROCE | 26.0% | Efficient capital use |
| ROE | 20.4% | Strong shareholder returns |
| Debt-to-Equity | 0.00 | Debt-free balance sheet |
| PEG Ratio | 0.77 | Reasonably valued |
| 5-Year Profit CAGR | 20.5% | Consistent long-term growth |
FY26 Full-Year Highlights
To put the quarterly numbers in context, here is how Amal performed over the full financial year 2025-26.
| Parameter | FY 2026 |
| Net Sales | ₹239.64 crore |
| Operating Profit | ₹37.91 crore |
| Profit Before Tax | ₹27.95 crore |
| Net Profit | ₹22.38 crore |
| PAT Margin | 9.34% |
| Face Value per Share | ₹10 |
Growth Plans Announced with Results
Along with the Q1 FY27 numbers, Amal’s board approved a capital expenditure of ₹12 crore to expand its sulphur dioxide (SO2) manufacturing capacity to 105 tonnes per day within the next two years. This capacity addition signals management’s intent to capture rising demand from downstream chemical users and could support further revenue growth in the coming quarters.
Amal maintains a debt-free balance sheet, which gives it flexibility to fund this expansion largely through internal accruals rather than relying on borrowed capital. Combined with healthy return ratios and a reasonable valuation multiple, the company appears well-placed to sustain its growth momentum, though investors should watch raw material cost trends and demand cyclicality in the bulk chemicals sector.
Final Thoughts
Amal Ltd’s Q1 FY27 results mark one of its strongest quarterly performances in recent years, with profit growth far outpacing revenue growth on the back of operating efficiencies. The newly announced capacity expansion adds a fresh growth trigger for the debt-free chemical manufacturer, making it a stock worth tracking for investors interested in India’s specialty and bulk chemicals space.
Frequently Asked Questions FAQ
1. What were Amal Ltd’s Q1 FY27 results?
Amal Ltd reported revenue of ₹96.53 crore and net profit of ₹16.72 crore for Q1 FY27, reflecting a 27.5% QoQ rise in revenue and a 780% QoQ jump in net profit.
2. Why did Amal Ltd’s share price hit the upper circuit?
The stock rallied 20% and hit its upper circuit after the company posted a sharp sequential jump in net profit along with an announcement of a ₹12 crore capacity expansion plan.
3. What is Amal Ltd’s main business?
Amal manufactures and markets bulk chemicals, primarily sulphuric acid and oleum, along with downstream products like sulphur dioxide and sulphur trioxide, used in textiles, dyestuff, electroplating, and food industries.
4. What is Amal Ltd’s EPS for Q1 FY27?
The company’s EPS for Q1 FY27 stood at ₹13.53, compared to ₹7.61 in the corresponding quarter of the previous year.
5. Is Amal Ltd a debt-free company?
Yes, Amal has a debt-to-equity ratio of 0.00, indicating a completely debt-free balance sheet.
6. What expansion plans has Amal Ltd announced?
The board approved a ₹12 crore investment to expand SO2 (sulphur dioxide) capacity to 105 tonnes per day over the next two years.
7. What is Amal Ltd’s market capitalization?
Following the post-results rally, Amal’s market capitalization stood at approximately ₹929.86 crore.
8. Where is Amal Ltd headquartered?
Amal Ltd is headquartered in Atul, Gujarat, India, and has been in operation since 1974.
Disclaimer :
This is for informational purposes only and should not be considered investment advice. Please consult a certified financial advisor before making investment decisions.We are not responsible for any financial loss.
