Atul Limited is a diversified and integrated Indian chemical company (a part of Lalbhai Group, Gujarat). The products of the company are used in various Industries and come mainly under two segments, Life Science Chemicals and Performance and Other Chemicals under 9 Businesses.
Since its incorporation, the company has manufactured many products for the first time in India Dyes including Vat Dyes, crop care chemicals, Phosgene, Carbamite, 2,4-D Acid, para Cresol, tissue culture raised date palms.
Business Segments
- Life Science Chemicals (29% in FY26 vs 30% in FY25): a) Crop Protection - Bulk Actives: The company offers 36 products and 46 formulations across herbicides, insecticides, fungicides, and other crop protection chemicals, serving 224 customers in the Agriculture and Crop Protection Chemicals industries. Key products include 2,4-D, Indoxacarb, and Sulfonylurea herbicides, with a global market share of 13% in 2,4-D and 14% in Indoxacarb as of FY26.
b) Crop Protection - Retail: The company offers 71 formulations across herbicides, insecticides, fungicides, bio-stimulants, and adjuvants, catering to 2,099 customers. The portfolio comprises 59 brands, including Zura, Sindica, Salix, Rymix, Prabhavi, Lepto, Juba Gold, Cyno, and Amsac. It holds a market share of 29% in Zura, 28% in Salix, 32% in Cyno, 13% in Sindica, and 11% in Amsac.
c) Pharmaceuticals and Aromatics - I: The company serves the pharmaceuticals industry through a portfolio of around 90 products, including APIs, intermediates, and other pharmaceutical chemicals, catering to nearly 300 customers. Its products are used across therapeutic categories such as antidepressant, antidiabetic, anti-infective, antifungal, antiviral, antiretroviral, and cardiovascular treatments. Key APIs include Acyclovir, Chlorobutanol, Dapsone, Desvenlafaxine, Fluconazole, Metoprolol, Valacyclovir, and Venlafaxine, and its key intermediate product groups comprise carbonates and chloroformates.
- Performance and Other Chemicals (71% in FY26 vs 70% in FY25): a) Aromatics - II: The company offers 37 products and serves around 405 customers, primarily catering to the chemical additives, fragrance, personal care, and pharmaceutical industries. Its portfolio includes intermediates, perfumery products, and other specialty chemicals, with para Anisic Aldehyde, para Cresidine, and para Cresol among its key offerings. During FY26, the company initiated 2 new projects, which are expected to become operational in FY27.
b) Bulk Chemicals and Intermediates: The Bulk Chemicals and Intermediates segment comprises 23 products, primarily catering to internal requirements as well as customers in the cosmetics, dyestuff, pharmaceuticals, and tyre industries. Its key products include Resorcinol, Resorcinol Formaldehyde (RF) Resins, 1,3-Cyclohexanedione (1,3-CHD), Caustic, and Sulphuric Acid.
c) Colors: The company offers 525 products, serving 345 customers across major end-user industries including textiles, coatings, plastics, leather, and paper. Its portfolio includes textile dyes (Vat, Sulphur Black, and other textile dyes), high-performance pigments, dye intermediates, and textile chemicals.
d) Polymers - Performance Materials: The company offers 49 synthetic products and 202 formulations, serving 511 customers across industries such as coatings, construction, composites, electrical and electronics, adhesives, aerospace and defence, automotive, etc. Its portfolio includes epoxy resins, curing agents, reactive diluents, accelerators, catalysts, and sulfones.
e) Polymers - Retail: The Polymers – Retail sub-segment comprises 236 products, serving 618 customers. Its portfolio includes adhesives based on epoxy, synthetic rubber, polyurethane, cyanoacrylate, PVC and PVA, along with epoxy sealants, tapes, protective paints, and multi-purpose sprays, catering to industries like construction, furniture, foam and furnishings, packaging, etc. During FY6, the company held market shares of approximately 7% for Lapox, 6% for Polygrip, and 1% for Lacare.
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