Company Overview Financial Statements Notice Statutory Reports 05 Rudolf Atul Chemicals Ltd | Annual Report 2020-21 Directors’ Report 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, 2021. 01. Financial results (` cr) 2020-21 2019-20 Sales 88.27 81.27 Revenue from operations 88.88 82.23 Other income 1.14 1.39 Total revenue 90.02 83.62 Profit before tax 18.60 13.49 Provision for tax 4.81 3.50 Profit for the year 13.79 9.99 Balance brought forward 27.45 22.73 Transfer from comprehensive income (0.06) 0.01 Disposable surplus 41.18 32.73 Less: Dividend paid 2.92 4.38 Dividend distribution tax (net ) - 0.90 Balance carried forward 38.26 27.45 04. Conservation of energy, technology absorption, 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 09. 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. 06. Risk management The Company has identified risks and has initiated a mitigation plan for the same. 02. Performance Sales increased by 9% from ` 81.27 cr to ` 88.27 cr, pr imar i ly due to higher demand for effect chemicals. Profit before tax increased by 38% from ` 13.49 cr to ` 18.60 cr. The earnings per share increased from ` 17.11 to ` 23.63. Cash flow from operating activities beforeworking capital changes increased from ` 12.90 cr to ` 17.94 cr and the net cash flow from operating activities decreased from ` 11.18 cr to ` 6.28 cr due to an increase in the working capital. 03. Dividend The Board recommends payment of dividend of ` 15 per share on 58,37,500 equity shares of ` 10 each fully paid-up. The dividend will entail an outflow of ` 8.76 cr on the paid-up equity share capital of ` 5.84 cr.
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