Atul Ltd 2018-19

Kadamb ȳ ƭƑȹǜūDžĚƑ ʈ gĚĿČĺĺîƑēƥ ƎĿŠĚȴ Ŀƙ îŠ ĿČūŠĿČ ƥƑĚĚ ūlj TŠēĿî îŠēȡ îŞūŠijƙƥ ūƥĺĚƑƙȡ ĺîƙ îŠ ĿŞƎūƑƥîŠƥ ƎŕîČĚ ĿŠ ƥƑîēĿƥĿūŠîŕ ŞĚēĿČĿŠĚƙ ȶ Ŀƥƙ Ƒūūƥƙ îƑĚ ƭƙĚē ƥū ƥƑĚîƥ ljĚDŽĚƑȡ ċîƑŒ Ŀƙ ƭƙĚē ƥū ƥƑĚîƥ ƎîĿŠ îŠē ŕĚîDŽĚƙ îƑĚ ƭƙĚē ƥū ƥƑĚîƥ ƭŕČĚƑƙȫ Ŀƥƙ ljƑƭĿƥ ŏƭĿČĚ Ŀƙ ČūŠƙĿēĚƑĚē ƥū ċĚ î ijūūē ŕîČƥîƥĿŠij îijĚŠƥȦ Kadamb ƥƑĚĚ Ŀƙ ūlj ƎîƑƥĿČƭŕîƑ ƙĿijŠĿǛČîŠČĚ ljūƑ ƭƙ ĿŠ ƥƭŕ ȹ ƥĺĚ ǛƑƙƥ ɃūljǛČĚɄ ūlj ūƭƑ ūŞƎîŠNjȡ î ČĺîĿƑ îŠē ƥîċŕĚȡ ljƭŠČƥĿūŠĚē under a Kadamb ƥƑĚĚȦ ¹ĺĚ Ƒūūƥƙ îŠē ƥƑƭŠŒ ƑĚîljǛƑŞ ūƭƑ ƑĚŕĚŠƥŕĚƙƙ ČūŞŞĿƥŞĚŠƥ ƥū ĚƥĚƑŠîŕ ×îŕƭĚƙ îŠē ƥĺĚ ċƑîŠČĺĚƙ îŠē ŕĚîDŽĚƙ ūƭƑ ƭŠǜĿŠČĺĿŠij îŕŕĚijĿîŠČĚ ƥū ĿŠČŕƭƙĿDŽĚ ijƑūDžƥĺȦ 01 Recollecting 2018-19 02 ¤ĚŞĚŞċĚƑĿŠij eîƙƥƭƑċĺîĿ gîŕċĺîĿ 04 ūƑƎūƑîƥĚ ĿēĚŠƥĿƥNj 06 ¡ƭƑƎūƙĚ îŠē ×îŕƭĚƙ 08 Business model 10 Serving diverse industries 11 Footprint 12 Operational highlights 14 Financial charts 18 ¬ĚƑDŽĿŠij ƥĺĚ ƙūČĿĚƥNj 20 gĚƥƥĚƑ ƥū ƥĺĚ ƙĺîƑĚĺūŕēĚƑƙ 22 ūîƑē ūlj 'ĿƑĚČƥūƑƙ 23 'ĿƑĚČƥūƑƙɄ ¤ĚƎūƑƥ 29 ŠŠĚNJƭƑĚ ƥū ƥĺĚ 'ĿƑĚČƥūƑƙɄ ¤ĚƎūƑƥ 56 qîŠîijĚŞĚŠƥ 'ĿƙČƭƙƙĿūŠ îŠē ŠîŕNjƙĿƙ 62 Corporate Governance Report 83 ƭƙĿŠĚƙƙ ¤ĚƙƎūŠƙĿċĿŕĿƥNj ¤ĚƎūƑƥ 89 'ĿDŽĿēĚŠē 'ĿƙƥƑĿċƭƥĿūŠ ¡ūŕĿČNj 90 Notice 105 ¡ĚƑljūƑŞîŠČĚ ƥƑĚŠē Standalone Financial Statements 107 TŠēĚƎĚŠēĚŠƥ ƭēĿƥūƑɄƙ ¤ĚƎūƑƥ 116 Financial Statements Consolidated Financial Statements 174 TŠēĚƎĚŠēĚŠƥ ƭēĿƥūƑɄƙ ¤ĚƎūƑƥ 182 Financial Statements Solidity of the trunk does not affect suppleness of the leaves. ɰ ŕċĚƑƥ /ĿŠƙƥĚĿŠ Contents Forward looking statements TŠ ƥĺĿƙ ŠŠƭîŕ ¤ĚƎūƑƥȡ DžĚ ĺîDŽĚ ƙĺîƑĚē ĿŠljūƑŞîƥĿūŠ îŠē ŞîēĚ ljūƑDžîƑē ŕūūŒĿŠij ƙƥîƥĚŞĚŠƥƙ ƥū ĚŠîċŕĚ ĿŠDŽĚƙƥūƑƙ ƥū ŒŠūDž ūƭƑ ƎƑūēƭČƥ ƎūƑƥljūŕĿūȡ ċƭƙĿŠĚƙƙ ŕūijĿČ îŠē ēĿƑĚČƥĿūŠ îŠē ƥĺĚƑĚċNj ČūŞƎƑĚĺĚŠē ūƭƑ ƎƑūƙƎĚČƥƙȦ ¬ƭČĺ ƙƥîƥĚŞĚŠƥƙ ƥĺîƥ DžĚ ŞîŒĚ îƑĚ ċîƙĚē ūŠ ūƭƑ îƙƙƭŞƎƥĿūŠƙȦ ØĚ ĺîDŽĚ ƥƑĿĚē DžĺĚƑĚDŽĚƑ ƎūƙƙĿċŕĚ ƥū ĿēĚŠƥĿljNj ƙƭČĺ ƙƥîƥĚŞĚŠƥƙ ċNj ƭƙĿŠij DžūƑēƙ ƙƭČĺ îƙ ɃîŠƥĿČĿƎîƥĚɄȡ ɃċĚŕĿĚDŽĚɄȡ ɃĚƙƥĿŞîƥĚɄȡ ɃĿŠƥĚŠēɄȡ ɃƎŕîŠɄȡ ɃƎƑūŏĚČƥɄ ūƑ DžūƑēƙ ūlj ƙĿŞĿŕîƑ ƙƭċƙƥîŠČĚ ĿŠ ČūŠŠĚČƥĿūŠ DžĿƥĺ îŠNj ēĿƙČƭƙƙĿūŠ ūlj ljƭƥƭƑĚ ƎĚƑljūƑŞîŠČĚȦ ØĚ Čūƥ ijƭîƑîŠƥĚĚ ƥĺîƥ ƥĺĚƙĚ ljūƑDžîƑē ŕūūŒĿŠij ƙƥîƥĚŞĚŠƥƙ DžĿŕŕ ċĚ ƑĚîŕĿƙĚē îŕƥĺūƭijĺ DžĚ ċĚŕĿĚDŽĚ DžĚ ĺîDŽĚ ċĚĚŠ ƎƑƭēĚŠƥ ĿŠ ūƭƑ îƙƙƭŞƎƥĿūŠƙȦ ¹ĺĚ îČƥƭîŕ ƑĚƙƭŕƥƙ ŞîNj ċĚ îljljĚČƥĚē ċĚČîƭƙĚ ūlj ƭŠČĚƑƥîĿŠƥĿĚƙȡ ƑĿƙŒƙ îŠē ĚDŽĚŠ ĿŠîČČƭƑîƥĚ îƙƙƭŞƎƥĿūŠƙȦ Tlj ƭŠČĚƑƥîĿŠƥĿĚƙ ūƑ ŒŠūDžŠ ūƑ ƭŠŒŠūDžŠ ƑĿƙŒƙ ŞîƥĚƑĿîŕĿƙĚ ūƑ Ŀlj ƭŠēĚƑŕNjĿŠij îƙƙƭŞƎƥĿūŠƙ ƎƑūDŽĚ ĿŠîČČƭƑîƥĚȡ îČƥƭîŕ ƑĚƙƭŕƥƙ ŞîNj DŽîƑNj ŞîƥĚƑĿîŕŕNj ljƑūŞ ƥĺūƙĚ îŠƥĿČĿƎîƥĚēȡ ċĚŕĿĚDŽĚēȡ ĚƙƥĿŞîƥĚēȡ ĿŠƥĚŠēĚēȡ ƎŕĚē ūƑ ƎƑūŏĚČƥĚēȦ ØĚ ƭŠēĚƑƥîŒĚ Šū ūċŕĿijîƥĿūŠ ƥū ƎƭċŕĿČŕNj ƭƎēîƥĚ îŠNj ljūƑDžîƑē ŕūūŒĿŠij ƙƥîƥĚŞĚŠƥƙȡ DžĺĚƥĺĚƑ îƙ î ƑĚƙƭŕƥ ūlj ŠĚDž ĿŠljūƑŞîƥĿūŠȡ ljƭƥƭƑĚ ĚDŽĚŠƥƙ ūƑ ūƥĺĚƑDžĿƙĚȦ