About Atul Ltd

Atul Ltd was founded by Kasturbhai Lalbhai on September 5, 1947, and was inaugurated by India’s first Prime Minister, Jawaharlal Nehru, on March 17, 1952—making it one of independent India’s earliest private-sector industrial enterprises.

Today, it is among the largest integrated chemical companies in India and a part of the Lalbhai Group, serving a wide spectrum of industries worldwide. The company manufactures 900 products and 400 formulations, owns 140 brands, and serves 4,000 customers in 88 countries. Principal manufacturing facilities are in Gujarat (Atul, Ankleshwar, Panoli) and Maharashtra (Tarapur), supported by international subsidiaries in Brazil, China, Ireland, the UAE, the UK and the USA.

Its portfolio spans Life Science Chemicals and Performance and Other Chemicals across industries such as Adhesives, Agriculture, Automotive, Construction, Cosmetics, Dyestuff, Electronics, Food, Fragrance, Home Care, Paints and Coatings, Personal Care, Pharmaceuticals, Plastics, Polymers, Rubber, Soaps and Detergents, Textiles, Tyres and Wind Energy.

Atul Ltd’s Business Segments

Atul reports two primary segments: Life Science Chemicals (active pharmaceutical ingredients and intermediates, crop protection chemicals) and Performance and Other Chemicals (adhesion promoters, bulk chemicals, epoxy resins and hardeners, intermediates, textile dyes), with an “Others” bucket (agribiotech, food products, services and others). 

In FY2024–25, consolidated segment revenue was: Life Science Chemicals ₹1,691.42 crore; Performance and Other Chemicals ₹3,818.01 crore; Others ₹73.92 crore.

The company manages nine sub-segments for reporting and execution: Aromatics; Bulk Chemicals and Intermediates; Colors; Crop Protection – Bulk Actives; Crop Protection – Retail; Floras; Pharmaceuticals; Polymers – Performance Materials; and Polymers – Retail.

Industries served include Adhesives, Agriculture, Automobile, Composites, Construction, Cosmetic, Defence, Dyestuff, Electrical and Electronics, Flavour, Food, Footwear, Fragrance, Glass, Home Care, Horticulture, Hospitality, Paint and Coatings, Paper, Personal Care, Pharmaceutical, Plastic, Polymer, Rubber, Soap and Detergent, Sport and Leisure, Textile, Tyre and Wind Energy.

Revenue by Geography (standalone, FY 2024–25): India 56%; North America 18%; Europe 12%; Asia (excluding India) 9%; Africa 3%; South America 2%; Australia 1%.

Atul Ltd Key Management

• Sunil Lalbhai, Chairman and Managing Director — leads overall strategy and governance.
• Samveg Lalbhai, Managing Director — executive leadership alongside the CMD.
• Gopi Kannan Thirukonda, Whole-time Director and CFO — oversees finance and related controls.

Latest Updates on Atul Ltd

• Segment sales grew: Life Science Chemicals +19% and Performance and Other Chemicals +18% year-on-year.
• Regulatory and quality milestones: Atul Bioscience cleared USFDA inspections at all three sites with zero US-483 observations; seven Drug Master Files were filed during the year.
• Portfolio and JV updates: Atul Products’ sales rose to ₹353 crore; Anaven JV turned EBITDA positive; RACL achieved its highest sales and PBT; Amal posted record consolidated sales and. Atul remains debt-free with a cash surplus of ₹691 crore as of March 31, 2025.