Atul Ltd 2019-20

07 We have added this section since last year to give a better understanding about our Company. We have titled the components the same way as used conventionally and mentioned key strengths our Company has developed as well as improvements we are endeavouring so as to make its business model as robust as possible. The graphs below may overall reflect a reasonable growth, but it may have been possible for our Company to do far better. We say this because, in some of the sub-segments, competitors have performed better than us. The idea to look at the past is not to regret, but to learn and improve and face the future with confidence. Key partners • Is held 45% by Lalbhai Group and the rest held widely - 31% institutional investors, 21% Indian public and 3% others • Has 13 operational subsidiary companies and two joint venture entities • Works on a long-term basis with suppliers, customers and other service providers Cost structure • Has advantage of being backward integrated and with new capacities being added, fixed cost per unit of the product is decreasing • Has advantage of manufacturing in India • Has a strong Balance Sheet without any debt Key resources • Uses coal, salt, water and derivatives of crude oil and manufactures value added products • Has 2,907 team members in India and other countries and is focused on building strong people related processes • Has vast infrastructure at its first site of 1,250 acres and other manufacturing sites to grow further Key activities • Has a strong research and development base • Has a long experience and expertise in manufacturing complex products using varied unit operations and unit processes • Has sales, technical service, marketing and business development departments 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 7 5% 7% 9% 9% 9% 11% 13% 18% 17% 21% 26% 27% 803 34% 32% 31% 26% 22% 19 20 26 35 51 80 129 116 187 277 312 397 397 400 652 RoCE (%) PBT from operations ( ` cr)