Annual General Meeting 2016

July 29, 2016 I9

Welcome

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 World economy

GDP growth
%

5.4

4.2

3.5 3.4
3.3
3.1

2010 2011 2012 2013 2014 2015

Sense danger in stillness and opportunity in turmoil

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 World chemical industry

2.0% US$ tn
2.5%
2.5%
2.9%
4.4
4.3
4.0 4.1
3.9

Indian
chemical
industry
0.1

11-12 12-13 13-14 14-15 15-16

More than 90% of all goods produced are enabled by chemistry in some way.
~ Dr Kurk Bock, Chairman, BASF SE
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Performance trend

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 Sales
2,510
2,407
` cr
2,307

1,964
1,746
1,508

1,168
1,159
998
895
817
682
568

03-04 05-06 07-08 09-10 11-12 13-14 15-16

Crude oil: US$ I barrel Colors sales: ` cr

86 515
45% 23%
398
47

14-15 15-16 14-15 15-16

Understand products, customers and markets

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 Performance trend
PBT 390
` cr
12 year CAGR: 28%
312
277

187

129 116

80
35 51
19 20 26
7

03-04 05-06 07-08 09-10 11-12 13-14 15-16

EBIDTA % 20%
RoCE % 31%

26% 27%
16% 16%
21%
14% 18%
13% 17%
12%
12% 13%
11% 11%
10% 10% 10% 10%10% 9%
8% 9%
7%
5%

03-04 05-06 07-08 09-10 11-12 13-14 15-16 03-04 05-06 07-08 09-10 11-12 13-14 15-16

Focus on key initiatives I actions 4I9

 Borrowing
` cr
Investments
1.20
428
363
425
0.99 1.00

382
368 0.80
355
351

0.60 193
327
325
303
295 0.40
281 97

0.24
0.20

225 0.00
07-08 09-10 11-12 13-14 15-16 13-14 14-15 15-16

Debt Debt to equity-ratio

Investing with prudence 5I9

 Dividend

EPS ` Dividend %

100
90

85
72 73
75

60

46
45 45
40
30 30
30 30

19
12 13

07-08 09-10 11-12 13-14 15-16 07-08 09-10 11-12 13-14 15-16

Steady rise in dividend 6I9

Projects

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Projects
(completed)

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Projects
(completed)

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Projects
(completed)

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Projects
(completed)

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 Projects
(under implementation)

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 Projects
(under implementation)

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 Projects
(under implementation)

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 Projects
(under implementation)

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 Projects
(under implementation)

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Subsidiary, JV and associate companies

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 Subsidiary companies

Name YoI Continent

Atul USA 1994 North America

Atul Europe 1996 Europe

Atul China 2004 China I Asia

Atul Brazil 2011 South America

Atul Middle East 2015 Africa, Asia (excluding China I India)

Enhance market presence 7I9

YoI: Year of incorporation
 Subsidiary, JV and associate companies
Atul Bioscience Ltd DPD Ltd ` cr

CAGR: 43% CAGR: 38% CAGR: 14% CAGR: 15%

55 15 15
48
8 12 28%
11 27%
35 3 3 3
27 27% 6
4
2 24%
3 25% 25% 23%
24%

12-13 13-14 14-15 15-16 12-13 13-14 14-15 15-16 12-13 13-14 14-15 15-16 12-13 13-14 14-15 15-16
Shareholding: 100% Shareholding: 98%

Rudolf Atul Chemicals Ltd Amal Ltd

CAGR: 61% CAGR: 91% CAGR: 26% 23

61
19
43 14 17 4
16

30
8 65%
20
5
38% (1) 0 (1)
2 31%
15%

12-13 13-14 14-15 15-16 12-13 13-14 14-15 15-16 12-13 13-14 14-15 15-16 12-13 13-14 14-15 15-16
Shareholding: 50% Shareholding: 37%

Sales PBT RoCE % 8I9

Serving the society

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 Amenity block

624 Amenity blocks constructed during 2015-16, Initiative recognised by District Magistrate, Valsad
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AIVE

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Atul Vidyamandir

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Atul Vidyalaya

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Kalyani Shala

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Q1 Financial performance
2016-17

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 Financials
(Q1)

` cr

2016-17 2015-16

Q1 Q4 Q1

Sales 623 607 576

EBIDTA % 19% 19% 18%

PBT 95 97 88

PAT 81 63 61

RoCE % 27% 30% 30%

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People

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People

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miles to go
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