Atul Annual Report Analysis - Unlocking Subsidiary’s Potential: Dolat Capital
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Dolat Capital Report
Atul Ltd., established in 1947, is a diversified chemicals manufacturer. The Lalbhai group entity is eyeing opportunities arising from the structural change in production and demand in the Indian chemical industry.
Atul is a broad based chemicals company operating in aromatics, crop protection, bulk chemicals, pharmaceuticals, polymers and colours.
Atul has set a target of achieving standalone sales of Rs 48.0 billion subject to completion of capex underway. The company also expects Rs 7.0 billion sales from its subsidiaries and joint ventures.
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