48 / 220
Atul Ltd | Annual Report 2017-18
Atul Ltd has identified 2 reporting Segments, namely, Life Science Chemicals and Performance and
Other Chemicals.
Life Science Chemicals Segment
Particulars
2017-18
2016-17
% change
Sales (
`
cr)
1,026
807
27%
Share in total sales (%)
34%
31%
3%
Life Science Chemicals Segment consists of 3 Sub-segments, namely, Crop Protection, Pharmaceuticals and Intermediates
and Aromatics - I.
Crop Protection
Product groups: Herbicides, Insecticides, Fungicides, Others
The products falling under these product groups are used by customers belonging to Agriculture and Crop Protection Chemicals
industries. The product groups comprise about 20 products and 40 formulations. 2,4-D, Indoxacarb and Isoprothiolane are
some of the key products.
During 2017-18, sales increased by 43% from
`
455 cr
to
`
651 cr. Sales in India increased by 52% from
`
153 cr to
`
232 cr; bulk sales in India increased by 52% from
`
83 cr
to
`
126 cr whereas brand sales which are currently only in
India increased by 51% from
`
70 cr to
`
106 cr. Sales outside
India increased by 39% from
`
302 cr to
`
419 cr and formed
64% of the total. Increase on account of volume was 35%.
Sales increased mainly because of good demand for one of
the key herbicides. The Company completed 3 projects and
undertook 1 project for implementation.
The size of the world Crop Protection Chemicals industry is
estimated at US$ 53.7 bn and is growing at about 0.2%.
The size of the world Agrochemicals industry is estimated at
US$ 61 bn and is growing at about 0.5%. The size of the
world Agriculture industry is estimated at US$ 3.2 tn.
The main user industries, namely Agriculture and Crop Protection Chemicals, are growing well because of the need to feed
a growing population under constraints of related resources. The Company will participate in this growth by i) building
a strong sales and marketing organisation and broadening and deepening its presence in other countries, particularly
in Africa and South America,
ii) promoting its brand sales,
iii) improving its manufacturing
and working capital efficiencies,
iv) generating and adding
capacities and v) introducing
new products and formulations.
Floods or famines may adversely
affect the demand. Fluctuations
in foreign exchange may impact
sales realisations. Given that
some of these chemicals can be
toxic, it is essential to take due
care in their manufacture and
use. Registration costs are high
in certain countries.