Company Overview Financial Statements Notice Statutory Reports 5 Rudolf Atul Chemicals Ltd | Annual Report 2019-20 Dear Members, The Board of Directors (Board) presents the Annual Report of Rudolf Atul Chemicals Ltd together with the audited Financial Statements for the year ended March 31, 2020. 01. Financial results (` cr ) 2019-20 2018-19 Sales 81.27 82.95 Revenue from operations 82.23 83.72 Other income 1.39 0.84 Total revenue 83.62 84.56 Profit before tax 13.49 15.28 Provision for tax 3.50 4.55 Profit for the year 9.99 10.73 Balance brought forward 22.73 11.99 Transfer from comprehensive income - - Disposable surplus 32.73 22.73 Less: Dividend paid 4.38 - Dividend distribution tax (net ) 0.90 - Balance carried forward 27.45 22.73 Directors’ Report 02. Performance Sales decreased by 2% from ` 82.95 cr to ` 81.27 cr mainly due to lower prices (2%). Profit before tax decreased by 12% from ` 15.28 cr to ` 13.49 cr. The earnings per share decreased from ` 18.38 to ` 17.11. Cash flow fromoperating activities before working capital changes decreased by 15% from ` 15.20 cr to ` 12.90 cr and the net cash flow from operating activities decreased marginally from ` 11.54 cr to ` 11.18 cr. 03. Dividend The Board recommends payment of dividend of ` 5 per share on 58,37,500 equity shares of ` 10 each fully paid-up. The dividend will entail an outflow of ` 2.92 cr on the paid-up equity share capital of ` 5.84 cr. 04. Conservationofenergy, technologyabsorption, foreign exchange earnings and outgo Information required under Section 134(3)(m) of the Companies Act, 2013, read with Rule 8(3) of the Companies (Accounts) Rules, 2014, as amended from time to time, forms part of this Report which is given at page number 10. 05. Insurance The Company has taken adequate insurance to cover the risks to its employees, property (land and building), plant, equipment, other assets and third parties.
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