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23
Dear Members,
The Board of Directors presents the Annual Report of Atul together with the audited statement of accounts for the year ended
March 31, 2013.
Financial Results
(
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cr)
2012-13
2011-12
Revenue from operations
2,001
1,778
Other income
19
14
Total revenues
2,020
1,792
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Balance brought forward
397
334
Disposable surplus
533
422
Appropriations
General reserve
14
9
Proposed dividend
18
14
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2
Balance carried forward
498
397
Financial Performance
Net sales increased by 12% to
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1,964 cr. Net sales in India
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to
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977 cr. PBT increased by 57% from
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122 cr to
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192 cr.
During the year, CARE upgraded credit rating to CARE AA-
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Pollution Control Board to close down manufacturing at
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most of October 2012 with its consequential decrease in sales
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enhance its performance in the area of environment protection
with an investment of
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to face the future.
Dividend
The Board recommends payment of dividend of
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6 per share
on 2,96,61,733 Equity Shares of
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10 each fully paid-up.
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29.66 cr.
Management Discussion and Analysis
Management Discussion and Analysis covering performance of
the two Reporting Segments, namely, Life Science Chemicals
and Performance & Other Chemicals, is given at page no 25
to 31 .
Corporate Governance
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from the Statutory Auditors regarding compliance of the
conditions of Corporate Governance pursuant to Clause 49 of
the Listing Agreements is given at page no 32 to 45.
Conservation of Energy, Technology Absorption,
ForeignExchangeEarningsandOutgoandEmployees
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Rules,1975, as amended from time to time, forms a part of
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& outgo and the statement of particulars of employees. Any
Member interested in obtaining such particulars may inspect
the same at the 5HJLVWHUHG 2IÀFH RI WKH &RPSDQ\ RU ZULWH WR
the Company Secretary for a copy.
Directors’ Report