Company Overview Financial Statements Notice Statutory Reports 05 Rudolf Atul Chemicals Ltd | Annual Report 2021-22 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, 2022. 01. Financial results (` cr) 2021-22 2020-21 Sales 120.04 88.27 Revenue from operations 121.16 88.88 Other income 1.37 1.28 Total revenue 122.53 90.16 Profit before tax 21.75 18.60 Provision for tax 5.36 4.81 Profit for the year 16.39 13.79 Balance brought forward 38.26 27.45 Transfer from comprehensive income (0.07) (0.06) Disposable surplus 54.59 41.18 Less: Dividend paid 8.76 2.92 Balance carried forward 45.83 38.26 02. Performance Sales increased by 36% from ` 88.27 cr to ` 120.04 cr, primarily due to higher demand for effect chemicals. Profit before tax increased by 17% from ` 18.60 cr to ` 21.75 cr. The earnings per share increased from ` 23.63 to ` 28.09. Cash flow from operating activities beforeworking capital changes increased from ` 17.94 cr to ` 21.00 cr and the net cash flow from operating activities increased from ` 6.28 cr to ` 9.38 cr. During the year, the Company has streamlined zero l iquid discharge operations to make it liquid effluent-free. This envisages an approach that not only protects environment but also creates a better ecosystem for the society. The Company also worked extensively with various certification bodies. The Company was audited by the certification body Global Organic Textile Standard (GOTS) and renewed GOTS list for version 6.0 with 66 products. 03. Dividend The Board recommends payment of dividend of ` 40 per share on 58,37,500 equity shares of ` 10 each fully paid-up. The dividend will entail an outflow of ` 23.35 cr on the paid-up equity share capital of ` 5.84 cr. 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.
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