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Financial analysis
Accounting policy
The Company follows the mercantile
system of accounting and recognises
income and expenditure on an accrual
basis except those with significant
uncertainties.
Highlights of the year
Operating revenues grew by 17% to
Rs1181 crores
EBIDTA increased by 18% to Rs118
crores
Borrowings decreased by 14% to
Rs368 crores
Profit after tax remained unchanged at
Rs36 crores mainly because of higher
tax and provision for adverse exchange
rates
Working capital decreased by 12% to
Rs313 crores
Revenues
The Company registered 17% growth in
operating revenues primarily owing to an
increased focus on growing the share of
value-added products and brand sales in
the total revenues.
Revenue analysis
Colors segment
Specialty & Other Chemicals segment
Aromatics
Operating revenues
(Rs crores):
302
% growth over the
previous year:
39
% share as a part
of the Company
revenues:
26
Export (Rs crores):
200
%
of
export
growth over the
previous year:
44
Bulk
Chemicals &
Intermediates
Operating revenues
(Rs crores):
81
% growth over the
previous year:
13
% share as a part
of the Company
revenues:
7
Export (Rs crores):
18
%
of
export
growth over the
previous year:
51
Colors
Operating revenues
(Rs crores):
262
% growth over the
previous year:
1
% share as a part
of the Company
revenues:
22
Export (Rs crores):
118
%
of
export
growth over the
previous year:
(15)
Crop
Protection
Operating revenues
(Rs crores):
250
% growth over the
previous year:
22
% share as a part
of the Company
revenues:
21
Export (Rs crores):
145
%
of
export
growth over the
previous year:
36
Pharma &
Intermediates
Operating revenues
(Rs crores):
74
% growth over the
previous year:
12
% share as a part
of the Company
revenues:
6
Export (Rs crores):
59
%
of
export
growth over the
previous year:
12
Polymers
Operating revenues
(Rs crores):
194
% growth over the
previous year:
1
% share as a part
of the Company
revenues:
16
Export (Rs crores):
35
%
of
export
growth over the
previous year:
(28)