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Catalysed by Purpose
fostering a spirit
of continuous
learning and
innovation
adopting
developments
in science and
ƥĚČĺŠūŕūijNj
providing high
ƐƭîŕĿƥNj ƎƑūēƭČƥƙ
and services, thus
becoming the
most preferred
partner
ØĚ îƑĚ ČūŞŞĿƥƥĚē
ƥū ƙĿijŠĿǛČîŠƥŕNj
enhancing value for
ūƭƑ ƙƥîŒĚĺūŕēĚƑƙ ċNjȠ
taking responsible
care of the
surrounding
environment
improving the
ƐƭîŕĿƥNj ūlj ŕĿljĚ ūlj
the communities
we operate in
seeking sustained,
ēNjŠîŞĿČ ijƑūDžƥĺ
and securing
long-term success
having people who
practise Values
îŠē ĚNJĚŞƎŕĿljNj î
high standard of
behaviour
The legacy of our Founder
ĺîƙ ċĚĚŠ ƙNjŠūŠNjŞūƭƙ DžĿƥĺ
three terms: excellence,
ƎĚƑƙĚDŽĚƑîŠČĚ îŠē ƥƑƭƙƥĚĚƙĺĿƎȦ
At Atul, we have the most
ūŠĚƑūƭƙ ƑĚƙƎūŠƙĿċĿŕĿƥNj ƥū
expand and diversify our
footprint and follow his
ǛijƭƑîƥĿDŽĚ ljūūƥƙƥĚƎƙȦ ØĚ îƑĚ
endeavouring to achieve this
ƑĚŞĿƥ ĿŠ ljƭŕŕ ŞĚîƙƭƑĚȦ
An economist, Balwantrai
Mazumdar was a voracious
reader, sound thinker, patient
listener and a farsighted
ƎƑūljĚƙƙĿūŠîŕȦ OĚ ČƑĚîƥĚē îŠ
atmosphere of camaraderie
ƥĺîƥ ċƑūƭijĺƥ ūƭƥ ƥĺĚ ČūŕŕĚČƥĿDŽĚ
ċĚƙƥ ūlj ƥĺĚ ƎĚūƎŕĚ ūlj ƥƭŕȦ OĚ
Džîƙ ƥĺĚ ŞūDŽĿŠij ljūƑČĚ ċĚĺĿŠē
making Atul Complex one
of the largest eco-friendly
chemical sites of its kind in the
DžūƑŕēȦ OĚ ƑĚŞîĿŠĚē DžĿƥĺ ƥĺĚ
HƑūƭƎ ƥĿŕŕ ƥĺĚ ĚŠē ūlj ĺĿƙ ŕĿljĚȡ îƙ
did most of the people who
DžūƑŒĚē DžĿƥĺ ūƭƑ GūƭŠēĚƑȦ
A chemical engineer and
the elder son of our Founder,
¬ĿēēĺîƑƥĺ gîŕċĺîĿ ēĚēĿČîƥĚē ĺĿƙ
ŕĿljĚ ƥū ƥĺĚ ēĚDŽĚŕūƎŞĚŠƥ ūlj ƥƭŕȦ
OĚ îČČūƑēĚē ĚƐƭîŕ DŽîŕƭĚ ƥū
creation of wealth and service
ƥū ƙūČĿĚƥNjȦ ¹ĺĚ ƎƑĿŠČĿƎŕĚƙ ūlj
trusteeship that he upheld, the
personal qualities of integrity,
perseverance and simplicity
ƥĺîƥ ĺĚ ŕĿDŽĚē ċNj îŠē ƥĺĚ
single-minded devotion that
he gave to tasks on hand will
always remain our guiding
ljūƑČĚȦ
Kasturbhai
Lalbhai
(1894 – 1980)
Balwantrai
Mazumdar
(1902 – 1981)
Siddharth
Lalbhai
(1923 – 1998)
Corporate Overview 01-22
Statutory Reports 23-105 Financial Statements 107-250
ƥƭŕ gƥē ʈ ŠŠƭîŕ ¤ĚƎūƑƥ ǨǦǧǮȹǧǯ