49 / 236
47
Pharmaceuticals and Aromatics - I
Product groups: API intermediates, Active Pharmaceutical Ingredients, Others
The products falling under these product groups are used by customers belonging to Pharmaceutical industry for various
therapeutic categories, such as anti-depressant, anti-diabetic, anti-infective, anti-retroviral and cardiovascular. The product
groups comprise about 72 products. Carbonates, chloroformates, isocyanates and organic ureas are some of the key classes
of products.
During 2016-17, sales increased by 10% from
`
311 cr to
`
342 cr. Sales in India increased by 9% from
`
163 cr
to
`
178 cr. Sales outside India increased by 11% from
`
148 cr to
`
164 cr and formed 48% of the total. Growth
on account of volume was 9%. The Company completed
1 project and undertook 1 project for implementation. Atul
Bioscience Ltd (ABL), a 100% subsidiary company, focussed
on production of advanced API intermediates, increased its
sales by 4% from
`
55 cr to
`
57 cr, primarily because of
volume; it undertook 1 project for implementation.
The size of the world Pharmaceutical industry is estimated
at US$ 1.75 tn, of which the conventional pharmaceutical
segment is US$ 1.2 tn and is growing at about 8%.
Of this, the size of the world API industry is estimated
at US$ 150 bn and is growing
at about 7%. There are
about 20 major companies
which dominate the world
marketplace.
The main user industry, namely,
Pharmaceutical, is growing well
because of increasing awareness
about diseases and health. The
Company along with ABL will
participate in this growth by
i) widening its market reach,
ii) increasing its manufacturing
efficiencies, iii) generating and
adding capacities, iv) introducing
new products and v) forming
long-term strategic alliances
with other companies.
The prices of some products may come down in a short time. Fluctuations in foreign exchange may impact sales
realisations.
Performance and Other Chemicals Segment
Particulars
2016-17
2015-16
% change
Sales (
`
cr)
1,832
1,666
10%
Share in total sales (%)
69%
69%
—
Performance and Other Chemicals Segment consists of 4 Sub-segments, namely, Aromatics - II, Bulk Chemicals and Intermediates,
Colors and Polymers.