5000272022-07-012022-09-305000272022-09-305000272022-03-315000272022-04-012022-09-305000272022-07-012022-09-30in-bse-fin:OtherExpenses1Member5000272022-07-012022-09-30in-bse-fin:OtherExpenses2Member5000272022-04-012022-09-30in-bse-fin:OtherExpenses1Member5000272022-04-012022-09-30in-bse-fin:OtherExpenses2Member5000272022-07-012022-09-30in-bse-fin:ReportableSegments1Member5000272022-07-012022-09-30in-bse-fin:ReportableSegments2Member5000272022-07-012022-09-30in-bse-fin:ReportableSegments3Member5000272022-04-012022-09-30in-bse-fin:ReportableSegments1Member5000272022-04-012022-09-30in-bse-fin:ReportableSegments2Member5000272022-04-012022-09-30in-bse-fin:ReportableSegments3Member5000272022-07-012022-09-30in-bse-fin:ReportableSegments1Member5000272022-07-012022-09-30in-bse-fin:ReportableSegments2Member5000272022-07-012022-09-30in-bse-fin:ReportableSegments3Member5000272022-04-012022-09-30in-bse-fin:ReportableSegments1Member5000272022-04-012022-09-30in-bse-fin:ReportableSegments2Member5000272022-04-012022-09-30in-bse-fin:ReportableSegments3Member5000272022-07-012022-09-30in-bse-fin:ReportableSegments1Member5000272022-09-30in-bse-fin:ReportableSegments1Member5000272022-07-012022-09-30in-bse-fin:ReportableSegments2Member5000272022-09-30in-bse-fin:ReportableSegments2Member5000272022-07-012022-09-30in-bse-fin:ReportableSegments3Member5000272022-09-30in-bse-fin:ReportableSegments3Member5000272022-07-012022-09-30in-bse-fin:ReportableSegments1Member5000272022-09-30in-bse-fin:ReportableSegments1Member5000272022-07-012022-09-30in-bse-fin:ReportableSegments2Member5000272022-09-30in-bse-fin:ReportableSegments2Member5000272022-07-012022-09-30in-bse-fin:ReportableSegments3Member5000272022-09-30in-bse-fin:ReportableSegments3Member5000272022-07-012022-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15000272022-07-012022-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss25000272022-04-012022-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15000272022-04-012022-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss25000272022-07-012022-09-30ItemsThatWillBeReclassifiedToProfitAndLoss15000272022-07-012022-09-30ItemsThatWillBeReclassifiedToProfitAndLoss25000272022-04-012022-09-30ItemsThatWillBeReclassifiedToProfitAndLoss15000272022-04-012022-09-30ItemsThatWillBeReclassifiedToProfitAndLoss2iso4217:INRiso4217:INRxbrli:shares500027ATULINE100A01010ATUL LTDEquity2022-04-012023-03-312022-10-212022-09-30INRCroresHalf yearlyMulti segment2022-10-2110:00:002022-10-2113:15:00trueCash Flow IndirectNot applicable2022-07-012022-09-30UnauditedConsolidated14872700000318600000151913000007165400000732700000-32500000957000000194000004907000003847300000131800000002011300000020113000005417000002200000543900000014674000000000146740000041980000018872000001509100000-284000001928900000-284000002951000001051.1151.110051.1151.11Consolidated unaudited financial results for the quarter six months ended on September 30, 2022 <BR> Notes: <BR> <BR> 01. These results have been prepared in accordance with the Indian Accounting Standards (Ind AS) notified under the Companies (Indian Accounting Standards) Rules, 2015 as amended from time to time. <BR> <BR> 02. These results have been reviewed and recommended for adoption by the Audit Committee in its meeting held on October 20, 2022, and approved by the Board of Directors in its meeting held on October 21, 2022. The Statutory Auditors of the Company have carried out a limited review of the consolidated unaudited financial results for the quarter six months ended on September 30, 2022. Their limited review report does not have any modification. <BR> <BR> 03. The Company has reported segment information as per the Ind AS 108, 'Operating Segments', as below: <BR> <BR> Name of segment Main product groups <BR> Life Science Chemicals APIs, API intermediates, Fungicides, Herbicides <BR> Performance and Other Chemicals Adhesion promoters, Bulk chemicals, Epoxy resins and hardeners, Intermediates, Textile dyes <BR> Others Agribiotech, Food products, Services <BR> <BR> 04. Other income includes: <BR> (` cr) <BR> No. Particulars Quarter ended on Six months ended on Year ended on <BR> September 30, 2022 "June 30, <BR> 2022" September 30, 2021 September 30, 2022 September 30, 2021 "March 31, <BR> 2022" <BR> Unaudited Unaudited Unaudited Unaudited Unaudited Audited <BR> a) Exchange rate difference - gain (loss) 10.58 26.11 (2.12) 36.69 3.46 11.27 <BR> b) Dividend 7.00 - 4.17 7.00 4.17 4.17 <BR> <BR> 05. An incident of fire occurred on April 20, 2022, in one of the plants at Atul, Gujarat. There was no fatality or injury to any person, and damage was restricted to the affected plant. The Company has written off the carrying value of the assets destroyed by fire amounting to ` 35.60 cr during the quarter ended on June 30, 2022 six months ended on September 30, 2022, by including it in other expenses. The Company has filed a claim in this regard with the insurance company which is under process. <BR> <BR> 06. The Board of Directors in its meeting held on March 25, 2022, had approved a proposal to buy-back fully paid-up equity shares of face value of ` 10 each of the Company. The buy-back of equity shares through the open market stock exchange route commenced on April 07, 2022, and it was completed on May 09, 2022. The Company bought back and extinguished a total of 73,296 equity shares at an average buy-back price of ` 9,536.31 per equity share, constituting 0.25% of the pre buy-back paid-up equity share capital of the Company. The buy-back resulted in a cash outflow of ` 69.90 cr (excluding transaction costs). The Company purchased the said shares out of its free reserves and created capital redemption reserve of ` 0.07 cr equal to the nominal value of the shares bought back as an appropriation from general reserve in accordance with Section 69 of the Companies Act, 2013. <BR> <BR> 07. The Parliament of India has approved the Code on Social Security, 2020 (the Code) which may impact the contributions by the Company towards provident fund, gratuity and ESIC. The Ministry of Labour and Employment, Government of India has released draft rules for the Code on November 13, 2020. Final rules are yet to be notified. The Company will assess the impact of the Code when it comes into effect and will record related impact, if any. <BR> <BR> 08. The Board of Directors in its meeting held on October 21, 2022, declared a special interim dividend of ` 7.50 per share to commemorate the 75th anniversary of incorporation of the Company. <BR> 2022-04-012022-09-30UnauditedConsolidated2964120000067800000030319200000147611000001330800000-621800000186420000035100000963600000777460000026107600000421160000004211600000111870000021000011189100000309269000000003092690000-11200000029806900003154300000-389000003042300000-3890000029510000010106.83106.8300106.83106.83Power, fuel and water1800200000Other Expenses2047100000Power, fuel and water3402600000Other Expenses43720000001688110000063643000003220000029140000058800000173700000189000000757510000018000009560000076725000001267000001436100000332258000009519200000204940000098024000003736000005260000070000000111700000124597000002499700000233000000247116000002000005793760000029530000045427100000457224000002699000004599230000046410000039100000503200000312200000133300000094800000224320000021290000065268000001668700000840840000062470000041110000025790000097021000001194530000057937600000Life Science Chemicals5741500000Performance and Other Chemicals9913000000Others94400000Life Science Chemicals10588700000Performance and Other Chemicals20482600000Others207000000157489000003127830000087620000016371000001487270000029641200000Life Science Chemicals1417600000Performance and Other Chemicals730200000Others-24300000Life Science Chemicals2213000000Performance and Other Chemicals2032500000Others-2460000021235000004220900000194000003510000079500000-5040000020246000004236200000Life Science Chemicals13137400000Performance and Other Chemicals32310400000Others1678400000471262000001081140000057937600000Life Science Chemicals3435500000Performance and Other Chemicals6150800000Others302200000988850000020568000001194530000035100000-90900000000-549200000000000113400000096360000000000-143200000000-497000000002373000000-3017000003909900000-700000000-517000001039900000027483000000220300000241600000-3516500000000060000004368600000000000000000-40100000713000000001868000002500000059700000-60700000000000000-3330000067340000000737800000269000000-866900000-2338300000-197000000-6300000-203300000576900000373600000Fair value of equity instruments through other comprehensive income487800000Remeasurement gain | (loss) on defined benefit plans53900000541700000Fair value of equity instruments through other comprehensive income-39200000Remeasurement gain | (loss) on defined benefit plans33000000-62000006150000012400000Effective portion of gain | (loss) on cash flow hedges-26900000Exchange differences on translation of foreign operations-45800000-72700000Effective portion of gain | (loss) on cash flow hedges-50100000Exchange differences on translation of foreign operations-64200000-114300000-12300000-20900000