Corporate identity
The heritage of the past is the seed that brings forth the harvest of the future.
– Wendell Philips
Dilwara temples
Dilwara temples in Rajasthan, India are known for their meticulous and unparalleled marble stone-carved structures. The temple complex hosts five distinct temples, each representing the values of the Indian spiritual heritage. Built between the 11th and 13th centuries by the Chalukya dynasty, the temples look simple from the outside, but are a treasure of intricate carvings and architectural excellence from the inside. Kasturbhai Lalbhai, Founder of Atul, had spearheaded the renovation of Dilwara and other Jain temples as the Chairman of the Anandji Kalyanji Trust. Following the footsteps of its exemplary Founder, team Atul values attention to detail, excellence and collaboration in its journey of sustained growth in harmony with nature and the community.
We are a diversified Indian company (a part of Lalbhai Group, one of the oldest business houses of India with a legacy of conducting business with a larger purpose) meeting the needs of varied industries such as Adhesives, Agriculture, Animal Feed, Automobile, Composites, Construction, Cosmetic, Defence, Dyestuff, Electrical and Electronics, Foam and Furnishing, Flavour, Food, Footwear, Fragrance, Glass, Handicraft, Home Care, Horticulture, Hospitality, Paint and Coatings, Paper, Personal Care, Pharmaceutical, Plastic, Rubber, Soap and Detergent, Sport and Leisure, Textile, Tyre and Wind Energy. We manage complex chemical processes in a responsible way.
In order to enhance focus, we have placed the products belonging to the two reporting segments, namely Life Science Chemicals and Performance and Other Chemicals, under seven sub-segments (interchangeably called Businesses), namely Aromatics, Bulk Chemicals and Intermediates, Colours, Crop Protection, Floras, Pharmaceuticals and Polymers – these in turn are managed through a matrix organisation structure for achieving all-round functional excellence.
Distinguished past
- Founded on September 05, 1947, by Kasturbhai Lalbhai, a legendary Indian, to create wealth in rural India, generate employment on a large-scale and make India self-reliant
- First private sector company of independent India to be inaugurated by the first Prime Minister of the country, Pandit Jawaharlal Nehru, on March 17, 1952
- A company that has manufactured many products for the first time in India
Determined present
- Increasing productivity and efficiency and strengthening people and business processes
- Broadening and deepening its presence in the marketplace
- Serving the society, particularly in the areas of national priorities like education, empowerment and infrastructure
Dynamic future
- Seeking growth through existing, downstream, related, value added and diversified product portfolio
- Leveraging depth in science and technology and having integrated manufacturing
- Developing and growing a retail product portfolio to participate in the full value chain
- Equity share capital of ₹ 30 cr, reserves of ₹ 4,560 cr
- Paid uninterrupted dividend* since commencement of operations in 1952; declared a special interim dividend of 75% during 2022-23 and recommended 250% final dividend for 2022-23, total 325%.
- Market capitalisation increased from ₹ 57 cr as at March 31, 1999, to ₹ 20,539 cr as at March 31, 2023 *except one year
