Atul Ltd 2017-18

Atul Ltd | Annual Report 2017-18 Corporate identity We are a diversified Indian company (a part of Lalbhai Group, one of the oldest business houses of India with a legacy of conducting business with a larger purpose) meeting the needs of varied industries such as Adhesive, Agriculture, Animal Feed, Automobile, Composite, Construction, Cosmetic, Defence, Electrical and Electronics, Flavour, Food, Footwear, Fragrance, Glass, Home Care, Horticulture, Hospitality, Paint and Coatings, Paper, Personal Care, Plastic, Rubber, Soap and Detergent, Sport and Leisure, Textile, Tyre and Wind Energy across the world. We manage complex chemical processes in a responsible way. In order to enhance focus, we have placed the products belonging to the 2 reporting Segments, namely Life Science Chemicals and Performance and Other Chemicals, under 7 Sub-segments (interchangeably called Businesses), namely Aromatics, Bulk Chemicals and Intermediates, Colors, Crop Protection, Floras, Pharmaceuticals and Polymers – these in turn are managed through a matrix organisation structure for achieving all-round functional excellence. Sitar is one of the most popular string instruments of Indian classical music. The instrument is believed to be a modification of Veena, the divine instrument of Saraswati, the Goddess of knowledge. It has evolved over centuries and, through the magic of its strings, continues to raise one’s inner being. The strings may be many, but the music reflects harmony – it best represents the beauty of unity in diversity. The team Atul consists of people of different nationalities – American, Brazilian, Chinese, Dutch, English, French and of course Indian, but together, we will work in harmony for a larger purpose. Sitar Music sets us free to dream. It can unite us to sing with one voice. Such is the value of music. ~ Nelson Mandela