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A n n u a l G e n e r a l M e e t i n g | J u l y 3 1 , 2 0 1 9 - - PowerPoint PPT Presentation
A n n u a l G e n e r a l M e e t i n g | J u l y 3 1 , 2 0 1 9 - - PowerPoint PPT Presentation
A n n u a l G e n e r a l M e e t i n g | J u l y 3 1 , 2 0 1 9 | 15 125 th birth year of Kasturbhai Lalbhai Kasturbhai Lalbhai (1894 1980) Simplicity is the ultimate sophistication. Leonardo da Vinci | 15 Population and GDP 100.0%
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Population and GDP
7.7 1.4 84.0 1.3
13.5
Population in bn GDP in US$ tn World World China India China India 18.0% 17.0% 16.0% 3.0%
1
100.0% 100.0% 2.7
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Chemical industry
World US$ 4.60 tn China US$ 1.60 tn India US$ 0.14 tn 35.0% 3.0% 11.5% of GDP 5.2% of GDP
2
100.0% Chemical industry forming
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Chemicals and daily life
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` cr 3,052 3,845 FY 18 FY 19 26% 397 652 FY 18 FY 19 64%
Sales PBT
17% 20% FY 18 FY 19
EBIDTA % RoCE %
22% 32% FY 18 FY 19 10% 3%
2018-19 financials
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Dividend
40% 45% 45% 60% 75% 85% 100% 100% 120% 150%*
FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 *recommended by the Board
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Projects
investment of ~ ` 400 cr at 100% capacity utilisation sales of ~ ` 850 cr Two projects will make two of the four sites at Atul zero liquid discharge. No borrowing envisaged for these projects.
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Cash flow | five-year average
Particulars Amount (` ` cr) Cash flow from operating activities 357 Spent on projects 193 Free cash flow 164
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Financials: Subsidiary | joint venture companies
Rudolf Atul Chemicals (50%) Atul Bioscience (100%) Amal (53%) DPD (98%) Sales PBT
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Combined sales: `243 cr | PBT: `42 cr | RoCE: 31%
35 48 55 57 76 104 4 6 8 12 14 13 5 10 15 20 25 20 40 60 80 100 120 FY14 FY15 FY 16 FY 17 FY 18 FY 19 12 15 15 19 21 23 3 3 3 6 5 4 2 4 6 8 10 5 10 15 20 25 FY 14 FY 15 FY 16 FY 17 FY 18 FY 19 30 43 59 65 73 83 5 8 14 15 14 15 5 10 15 20 25 20 40 60 80 100 FY 14 FY 15 FY 16 FY 17 FY 18 FY 19
` cr
16 19 23 26 32 33 0.4
- 0.6
2 9 10 10
- 5.0
0.0 5.0 10.0 15.0 20.0 25.0 10 20 30 40 FY 14 FY 15 FY 16 FY 17 FY 18 FY 19
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Atul Bioscience Ltd
ABL, a 100% subsidiary company, acquired a site in Ambernath, Maharashtra.
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DPD, a 98% subsidiary company, will enhance production of date palms in new facilities.
DPD Ltd, United Kingdom
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Anaven LLP
Anaven, a 50-50 JV with Nouryon, will soon begin manufacturing MCA in India.
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Retail
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Serving society | Kalyani Shala
6,491 students have passed out from the school
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Serving society | Atul Vidyalaya
620 students have passed out from the school
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Serving society | Atul Vidyamandir
440 students have passed out from the school
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Serving society | Atul Institute of Vocational Excellence
7,110 students trained
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Serving society | Atul Adhyapika
63 Atul Adhyapikas have taught in 62 schools
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Serving society | Industrial Training Institutes
Khergam
Sagbara Khergam Ankleshwar Managing four ITIs Bilimora
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Serving society | Individual household toilets
~5,000 individual household toilets built
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Serving society | Urmi
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125th birth anniversary of Kasturbhai Lalbhai
Children Farmers Youth Community
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Q1 financial results
2019-20 2018-19 Q1 Q1 Q4 Sales 975 872 981 EBIDTA % 23% 16% 20% PBT from operations 197 127 166 PAT 130 84 109 RoCE % 35% 27% 31%
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Striving towards operational excellence
understanding of the marketplace value for customers productivity, efficiency, asset velocity | doing every task well |
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Striving towards operational excellence
process orientation people orientation
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Need to sustain a pioneering spirit
2,4-D Acid and its derivatives Dapsone Epoxy curing agents and resins Dyes and dye intermediates p-Anisic aldehyde p-Cresol Phosgene Resorcinol Sulphonyl ureas Tissue culture date palm plants ……………………………………………………………………………………………………………….……………………………………………… ……………………………………………………………………………………………………………….……………………………………………… ……………………………………………………………………………………………………………….……………………………………………… ……………………………………………………………………………………………………………….……………………………………………… ……………………………………………………………………………………………………………….……………………………………………… ……………………………………………………………………………………………………………….……………………………………………… ……………………………………………………………………………………………………………….……………………………………………… ……………………………………………………………………………………………………………….………………………………………………
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Gratitude
6,000
customers
2,574
team members
28,130
shareholders
9
non-executive directors
13
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Women power | 125+
There is no force equal to a woman determined to rise.
William Du Bois
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Gratitude
Dr Satguru Baijal [35 years] Mr Hasmukh Shah [27 years]
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Share price
1,128 1,541 2,380 2,622 3,573 FY15 FY16 FY17 FY18 FY19
` per share
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Key performance ratios
Particulars FY 19 FY 18 Earnings per share (`) 144.5 91.2 Price | Earning (times) 24.8 28.7 Book value per share (`) 893.4 741.0 Price | Book value (times) 4.0 3.5 Enterprise value | EBIDTA (times) 13.8 15.1 Fixed asset turnover (times) 3.0 2.6 Turnover to average capital employed (times) 1.9 1.7 Current ratio (times) 2.6 2.3 Quick ratio (times) 1.5 1.3 Market capitalisation (` cr) 10,608 7,729 Market price per share (`) 3,573 2,613 Profit after tax (` cr) 429 270
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