Atul Ltd 2009-10

12 / Atul Ltd | Annual Report 2009-10 Financial Analysis Highlights Sales volume on an average grew by 18%, though remained stagnant in value mainly because of a decline in the prices of raw materials and consequently those of finished products Surplus operating cash-flows helped to reduce debt by Rs 73 crores (20%) to Rs 295 crores Interest cost decreased by 38% to Rs 26 crores owing to lower interest rates and reduction in debt Profit before tax (PBT) increased by 75% to Rs 80 crores mainly due to lower loss on account of foreign exchange fluctuations Despite increase in income tax by 170%, profit after tax increased by 47% to Rs 53 crores Sources of Funds Share Capital The Company has a paid up share capital of Rs 29.67 crores comprising 2,96,61,733 equity shares of Rs 10 each as of March 31, 2010. 2005-06 349 369 428 368 295 2006-07 2007-08 2008-09 2009-10 Borrowings Rs Crores * Year 2005-06 PBT excludes profit from sale of investments Rs 68 crores 13 2005-06 2006-07 2007-08 2008-09 2009-10 PBT Rs Crores 80 15* 26 38 46 CAGR 33% 2005-06 837 925 1033 1196 1204 2006-07 2007-08 2008-09 2009-10 Revenues Rs Crores CAGR 11%