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1.2
Technology absorption
1.2.1 Research and Development
Ŀȴ
¬ƎĚČĿǛČ îƑĚîƙ ĿŠ DžĺĿČĺ ¤ĚƙĚîƑČĺ îŠē 'ĚDŽĚŕūƎŞĚŠƥ ȳ¤ʁ'ȴ Džîƙ ČîƑƑĿĚē ūƭƥ ċNj ƥĺĚ ūŞƎîŠNjȠ
¹ĺĚ ūŞƎîŠNj ljūČƭƙĚē Ŀƥƙ ¤ʁ' ĚljljūƑƥƙ ūŠ ƎƑūČĚƙƙ ĿŞƎƑūDŽĚŞĚŠƥ ūlj Ŀƥƙ ĚNJĿƙƥĿŠij ƎƑūēƭČƥƙȡ ƑĚČūDŽĚƑNj ūlj ƎƑūēƭČƥƙ ljƑūŞ
pollutants and process development of new products and formulations. The R&D departments also helped in
troubleshooting in manufacturing departments.
ĿĿȴ
ĚŠĚǛƥƙ ēĚƑĿDŽĚē ljƑūŞ ¤ʁ'Ƞ
The Company increased yield of 15 products, decreased consumption of raw materials of 14 products, decreased
consumption charge of 10 solvents, recovered 12 products from pollutants and introduced 23 new products and
formulations.
iii) Future plan:
The Company is investing further in people and equipment so as to strengthen its R&D and thereby enhance its
capability.
ĿDŽȴ ¤ʁ' ĚNJƎĚŠēĿƥƭƑĚȠ
(
`
cr)
Capital
Recurring
Total
Total R&D expenditure as a percentage of total sales
5.22
22.94
28.16
0.73%
1.2.2 Technology absorption, adaptation and innovation
i)
Efforts in brief, made towards technology absorption, adaptation and innovation:
¹ĺĚ ūŞƎîŠNj ƭƎijƑîēĚē ŞîŠNj ūlj Ŀƥƙ ƎƑūČĚƙƙĚƙ îŠē ūƎĚƑîƥĿūŠƙ ċNj ĿŞċĿċĿŠij ŠĚDž ƥĚČĺŠūŕūijNjȡ ƭƙĿŠij ŞūƑĚ ĚljǛČĿĚŠƥ
equipment and incorporating automation.
ĿĿȴ
ĚŠĚǛƥƙ ēĚƑĿDŽĚē îƙ î ƑĚƙƭŕƥ ūlj ƥĺĚ îċūDŽĚ ĚljljūƑƥƙȡ ljūƑ ĚNJîŞƎŕĚȡ ƎƑūēƭČƥ ĿŞƎƑūDŽĚŞĚŠƥȡ Čūƙƥ ƑĚēƭČƥĿūŠȡ ƎƑūēƭČƥ
development and import substitution:
The above efforts have resulted in improvement in quality, increase in yields, increase in throughput and decrease
in manpower.
ĿĿĿȴ ¹ĚČĺŠūŕūijNjȡ Ŀlj îŠNjȡ ĿŞƎūƑƥĚē ēƭƑĿŠij ƥĺĚ ŕîƙƥ ǩ NjĚîƑƙ ƑĚČŒūŠĚē ljƑūŞ ƥĺĚ ċĚijĿŠŠĿŠij ūlj ƥĺĚ ǛŠîŠČĿîŕ NjĚîƑȠ
The Company did not import any technology.
1.3
Foreign exchange earnings and outgo
ǧȦǩȦǧ /NJƎūƑƥ ƙîŕĚƙȠ îČƥĿDŽĿƥĿĚƙȡ ēĚDŽĚŕūƎŞĚŠƥ ĿŠĿƥĿîƥĿDŽĚƙ îŠē ljƭƥƭƑĚ ƎŕîŠƙ
The Company sold its products in 92 countries, directly and through its subsidiary companies in the USA, the UK, the
UAE, China and Brazil. Sales outside India* increased by 27% from
`
1,478 cr to
`
1,874 cr mainly due to higher prices as
compared to the previous year. The Company is taking further steps to strengthen its international marketing network.
*Free On Board (FOB) value
ǧȦǩȦǨ ¹ūƥîŕ ljūƑĚĿijŠ ĚNJČĺîŠijĚ ĚîƑŠĿŠijƙ îŠē ūƭƥijū
(
`
cr
)
Particulars
2018-19
2017-18
Earnings
/NJƎūƑƥƙ ȶ G~ DŽîŕƭĚ
1,874.27
1,477.69
Dividends, etc
0.19
6.25
Outgo
Loan repayment
-
69.16
Payment for raw materials, books and periodicals, dividend, etc
764.78
602.50
Corporate Overview 01-22
Statutory Reports 23-105
Financial Statements 107-250
30
Atul Ltd | Annual Report 2018-19