Atul Limited · NSE:ATUL

Atul — Investor Presentation (April 2014)

53 slides from Atul's investor presentation, April 2014

1. Slide 1: Atul Ltd Corporate Profile

   Atul Ltd Corporate Profile <=

2. Slide 2: 1947

   1947 2

3. Slide 3: August 15, 1947 - India attains independence

   August 15, 1947 - India attains independence India begins its journey as a free country as its first Prime Minister, Pandit Jawaharlal Nehru hoists the national flag at the historic Red Fort All this is well-known 3

4. Slide 4: Atul

   What is not well-known is the fact that the colorants used to dye the national flag were manufactured in a small village in Valsad District of Gujarat State This village acquired its name from the company that was founded there Atul 4

5. Slide 5: Vision Venture Values

   Welcome to a journey called ATUL A journey that began on September 15, 1947 exactly one month after independent India started its own long march towards progress and prosperity A journey that began with small, but firm steps through rough paths and difficult terrain A journey that overcame obstacles

6. Slide 6: First site of Atul

   First site of Atul Land 1,400 acres Liquid effluent treatment 30,000 cubic metres | day Water storage 2 million cubic metres Solid waste disposal 50,000 metric tonnes Captive power generation 40 megawatts R&D facilities 8,000 square metres Incinerator 48 kilo litres |day (Liquid) Certifications ISO

7. Slide 7: First site of Atul

   First site of Atul Houses Schools Learning centre Guest houses Sports club Medical centre 7

8. Slide 8: Index

   Index Privileged Legacy Pioneering Efforts Visionary Founder Businesses Incomparable Beginning Joint Ventures Purpose Sustainability Values People Serving 27 Diverse Industries Performance Indicators Building Relationships Corporate Information Global Endeavours Board of Directors Depth in Science C

9. Slide 9: Privileged Legacy

   Privileged Legacy Lalbhai Group  One of the most reputed business houses in India  Commenced manufacturing activities in 1896  Textiles, Chemicals, Engineering, Real Estate, Agriculture  Group sales US$1.5 billion Shri Lalbhai Dalpatbhai 9

10. Slide 10: Visionary Founder

    Visionary Founder  Man of rare vision, strong determination and selfless sense of purpose who made seminal contributions to social causes  Reflective and farsighted business leader who foresaw growing need of India to become self-reliant  The Atul Products Ltd (renamed Atul Ltd in 1996) was incor

11. Slide 11: Incomparable Beginning

    Incomparable Beginning Atul became the first private sector company of India to be inaugurated by the first Prime Minister, Pandit Jawaharlal Nehru, on March 17, 1952 11

12. Slide 12: Purpose

    Purpose We are committed to significantly enhance value for our Stakeholders by:  Fostering a spirit of continuous learning and innovation,  Adopting the developments science and technology,  Providing high-quality products and services, thus becoming the most preferred partner,  Having people w

13. Slide 13: Values

    Values We are committed to institutionalise our Key Values Integrity – Working with honesty and highest standards of professionalism Understanding – Connecting with others based on Understanding of human relationships Unity – Harnessing unique abilities through interconnectedness and interdependence

14. Slide 14: Serving 27 Diverse Industries

    Serving 27 Diverse Industries Aerospace Agriculture Automobile Defence Electrical and Flavour and Electronics Fragrance Paper Paint and Coatings Personal Care Pharmaceutical Textile Tyre 14

15. Slide 15: Building Relationships

    Building Relationships with 4,000 Customers...and counting 15

16. Slide 16: Global Endeavours

    Global Endeavours Customers Subsidiary Companies Manufacturing Sites 80 countries Brazil (Sao Paulo), China (Shanghai), India (Ankleshwar, Atul, Jodhpur and Tarapur) UK (Cheshire) and USA (Charlotte) Germany (Düsseldorf), South Korea (Ulsan) Switzerland (Lugano) and UK (Bristol) 16

17. Slide 17: Depth in Science

    Depth in Science Expertise in Unit Processes  Acylation  Etherification  Acidification  Friedel-craft  Alcoholysis  Grignard  Alkylation  Glycidation  Amidation  Halide exchange  Amination  Hydrogenation  Hydroxylation  Arylation  Hydrolysis  Bromination  Iodination  Carboxylation

18. Slide 18: Depth in Science

    Depth in Science Expertise in Unit Operations  Absorption  Extraction  Adsorption  Batch  Biological Reaction  Continuous  Crystallization  Filtration  Decantation  Agitated nutch  Distillation  Centrifuging  Azeotropic  Flash  Filter press |nutch  Fractional  Mono press belt  Reac

19. Slide 19: Pioneering Efforts

    Pioneering Efforts First Company of India to  manufacture p-Cresol  manufacture Resorcinol  manufacture dyes and dye-intermediaries on a large scale  manufacture 2,4-D Acid and its derivatives  manufacture Sulphonylureas  propagate tissue cultured date palms (in collaboration with the Governme

20. Slide 20: Businesses

    Businesses Divisions Units  Aromatics  Commercial  Bulk Chemicals  Finance  Colors  Human Resources  Crop Protection  Infrastructure  Floras  Information Technology  Pharmaceuticals  Research  Polymers  Technology and Manufacturing 20

21. Slide 21: Aromatics

    Aromatics 21

22. Slide 22: Aromatics

    Aromatics  largest manufacturer of p-Cresol in the world  largest manufacturer of p-Anisic aldehyde in the world  largest manufacturer of p-Anisic alcohol in the world  portfolio comprises 37 products  serving 356 customers in 27 countries  ISO 9001 and ISO 14001 accreditation 22

23. Slide 23: Bulk Chemicals

    Bulk Chemicals 23

24. Slide 24: Bulk Chemicals

    Bulk Chemicals  largest manufacturer of Resorcinol in India  one of the largest manufacturers of 1,3-Cyclohexanedione in India  one of the largest manufacturers of Anisole in India  one of the leading manufacturers of Sulphur trioxide and Sulphur dioxide in India  portfolio comprises 26 product

25. Slide 25: Colors

    Colors 25

26. Slide 26: Colors

    Colors  first business of Atul  largest manufacturer of Sulphur Black in India  one of the largest manufacturers of Vat dyes in the world  one of the leading manufacturers of speciality Acid, Direct, Disperse, Reactive dyes  most of dyes certified by Global Organic Textile Standard  member of

27. Slide 27: Crop Protection

    Crop Protection 27

28. Slide 28: Crop Protection

    Crop Protection  one of the largest manufacturers of 2,4-D Acid and its derivatives in the world  one of the largest manufacturers of Benzyl chloroformate in the world  one of the largest manufacturers of Indoxacarb in India  one of the leading manufacturers of Sulfonylureas and Isoprothiolane i

29. Slide 29: Floras

    Floras 29

30. Slide 30: Floras

    Floras  one of the largest producers of tissue cultured date palms in the world  production facilities located in Atul, Ankleshwar and Jodhpur  portfolio comprises 22 products  serving 68 customers in 2 countries 30

31. Slide 31: Pharmaceuticals

    Pharmaceuticals 31

32. Slide 32: Pharmaceuticals

    Pharmaceuticals  largest manufacturer of 4,4’-Diaminodiphenyl sulfone in the world  largest manufacturer of 3,3’-Diaminodiphenyl sulfone in the world  largest manufacturer of Dapsone (anti-bacterial drug) having a GMP facility with DMF filed in the USA and EU countries  one of the leading manufa

33. Slide 33: Polymers

    Polymers 33

34. Slide 34: Polymers

    Polymers  one of the largest manufacturers of Epoxy hardeners and resins in India  one of the leading manufacturer of Chloroprene rubber and Polyurethane based adhesives  Atul Elkay Polymers, a joint venture, provides complete range of stone care chemicals  portfolio comprises 457 products  ser

35. Slide 35: Joint Ventures

    Joint Ventures 35

36. Slide 36: Joint Ventures

    Joint Ventures Product | JV Partner Holding Period Product Company Group(s) American Cyanamid Agrochemicals Cyanamid India 35% - 65% 1947-2000 Pharmaceuticals ICI Atic 50% - 50% 1955-1995 Textile dyes Epoxies Ciba-Geigy Cibatul 65% - 35% 1960-1999 hardeners and resins 36

37. Slide 37: Joint Ventures - Current

    Joint Ventures - Current Product | JV Partner Holding Period Product Company Group(s) Atul Government of Date palm tissue Rajasthan Rajasthan 74% - 26% 2010… culture Date Palms Elkay Kimyasal Atul Elkay Stone care Maddeler San Polymers 51% - 49% 2011… chemicals ve Tic Rudolf Atul Textile Rudolf Chem

38. Slide 38: Sustainability

    Sustainability 38

39. Slide 39: Sustainability

    Sustainability As a responsible chemical company, Atul has taken initiatives on Sustainability from its very inception, focusing on the following dimensions:  Economic  Environmental  Social 39

40. Slide 40: Sustainability

    Sustainability Our focus aspects Dimension Aspects Economic Economic Performance Indirect economic impacts Procurement practices 40

41. Slide 41: Sustainability

    Sustainability Our focus aspects Dimension Aspects Environmental Materials Energy Water Biodiversity Emissions, effluents and wastes Products and services Compliance Transport Supplier environmental assessment Environment grievance mechanisms 41

42. Slide 42: Sustainability

    Sustainability Our focus aspects Dimension Social Sub-dimensions Labour practices Human rights Society Product responsibility Local communities Customer health and Aspects Employment Non-discrimination and society* safety Freedom of Labour management Anti-competitive Product and service association

43. Slide 43: Social

    Social (external) Our social initiatives listed below are detailed separately in Atul Foundation presentation  Conservation  Education  Empowerment  Health  Infrastructure  Relief 43

44. Slide 44: People

    People 44

45. Slide 45: People

    People Atul has a legacy now defined by its Values - where transparency, respect, camaraderie, passion (for work) and meritocracy are encouraged. The Company is consistently improving its HR processes, particularly those related to recruitment, performance management and training and development. In

46. Slide 46: Performance Indicators

    Performance Indicators 46

47. Slide 47: Sales

    Sales 2,000 1,964 1,900 1,800 1,746 1,700 1,600 1,508 1,500 1,400 1,300 1,200 1,159 1,168 ` cr 1,100 998 1,000 900 817 895 800 700 682 600 568 500 400 300 200 100 0 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 Net Sales 47

48. Slide 48: Profitability

    Profitability 200 190 187 180 170 160 150 140 130 129 120 116 110 ` cr 100 90 80 80 70 60 50 51 40 35 30 26 20 19 20 10 7 0 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 Operating PBT 48

49. Slide 49: Ratios

    Ratios 25 21.13 20 18.46 15 16.93 13.09 11.19 % 9.42 10 8.81 6.98 8.41 5 4.88 0 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 RoCE % 49

50. Slide 50: Ratios

    Ratios 25 20 18.74 16.35 15 13.56 % 11.23 8.80 8.95 10 8.73 8.56 6.60 5 0.70 0 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 RoNW % 50

51. Slide 51: Board of Directors

    Board of Directors Mr G S Patel Dr S S Baijal Mr S S Lalbhai Ex-Chairman Ex-Chairman and CEO UTI ICI (India) Mr B S Mehta Mr H S Shah Mr S A Lalbhai Past President Mr S M Datta Ex-Chairman and MD Ex-MD Ex-Chairman ICAI IPCL Arvind Unilever India Mr B N Mohanan Mr V S Rangan Mr R A Shah Executive Dir

52. Slide 52: Corporate Information

    Corporate Information Head Office Registered Office Atul 396020, Gujarat Ashoka Chambers India Rasala Marg E-mail: [email protected] Ahmedabad 380006, Gujarat Website: www.atul.co.in India Company Secretary Bankers Gopi Kannan Thirukonda Axis Bank Bank of Baroda Auditors Bank of India Dalal & Shah Expo

53. Slide 53: For more details, please get in touch

    For more details, please get in touch at: [email protected] 53

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