Bodal chemicals limited

Introduction
Bodal Chemicals Limited is a Integrated and Innovative company, offering end-to-end
solution to our customers globally. It is among world’s largest manufacturer and exporter of
Dyes Intermediate, Dyestuff and Sulphuric Acid, with vertically and horizontally integrated
who provides product solutions and service solution on fastest possible route to their
customers.
Bodal Chemicals Limited having its presence not only in India but across the Globe and
serving to 50+ countries with its Innovative products and services. It is coupled with our
technical know-how, & expertise in manufacturing of Dyes Intermediate & other Specialty
Chemicals, our growth is propelled with the support of team members and management
professionals, who work diligently to take the organization to newer heights year-on-year.

Manufacturing units
BCL has its manufacturing units across the Gujarat, where it manufacture different products.
At present it has total 09 (Nine) Manufacturing units in Gujarat, Ahmedabad-04, Vadodara-
03 & Ankleshwar-02. Its Manufacturing units have developed products for Textile, Paper,
Plastic, Leather and many other specialty chemicals.

Trion
Trion Chemicals manufactures speciality chemicals and its base products. It is based at
Khambhat, Gujarat.

Activity flow chart

Production and turnover chart

Production Chart

Turnover Chart
 Production capacity per annum(in MTS)

Research & Development

Bodal Chemicals has a modern, well–equipped and in-house R&D Lab for testing and New
Product Development; and constant improvement in the existing product lines.

Bodal Chemicals is in constant process of developing technologies and materials

harmonizing with the global environment while maintaining competitive advantage in its
business domains i.e Dyes & Dye Intermediates in order to ensure the growth and expansion
of the Bodal Group.

Bodal Chemicals contributes to society by creating new technologies and new materials that
will shape the future of the Industry.

Laboratories
Bodal Chemicals has three laboratories, two at Baroda Unit and one at Ahmedabad Unit, to
test the raw materials for Dye Intermediates & Dyestuff. These laboratories are equipped with
modern instruments and the testing is done by experienced and qualified chemists, leaving no
room for error.
Divisions
 dye Intermediates Division
 Dyestuff Division
 Sulphur & Bulk Chemical Division
 Trion

Business segments
Business Segment wise revenue breakup
 Dye Intermediates - 54%
 Dyestuff - 31%
 Basic Chemicals - 10%
 Others – 5%

Financial highlights
 Performance Discusssion –
The Financial year 2017-18 is another consecutive year where the company has
performed well but the same has not been fully reflected in the topline and bottomline
as experienced normalisation of prices of finished goods and increased cost of the raw
materials. Despite all odds company has achieved productivity gains, volume growth
and sustained margins. The Company has also absorbed cost increases with
purchasing efficiencies. Total Consolidated Revenue of the Company was lowered by
12.90% and profit after tax was lowered by 8.28%. The same is mainly because of
there had been some abnormal price hike in one of the dye intermediate during
FY2017. The Company is committed towards expansion of its market share in the
domestic market as well as in the overseas market.

 Dividend During the FY- 2017-18-

The Company declared Final Dividend of Rs. 0.80 Per share (or 40% of face value
Rs. 2), which will absorb Rs. 117.65 Million, including dividend distribution tax of
Rs. 19.90 Million. During the FY- 2016-17, the Company declared Interim Dividend
of Rs. 0.30 Per share (or 15% of face value Rs. 2), which absorbed Rs. 39.39 Million,
including dividend distribution tax of Rs. 6.66 Million. Further, Final Dividend of
Rs.0.50 (or 25% of face value Rs. 2) per share absorbed Rs. 65.66 Million, including
dividend distribution tax of Rs. 11.11 Million.

 Term Loan and Working Capital-

As on 31st March, 2018, the Total Debt was Rs. 1478.76 Million, Cash and Cash
Equivalents were Rs. 185.55 Million resulting in Net Debt of Rs. 1,293.21 Million
(Rs.1,361.54 Million as on 31st March, 2017) Total Debt consisted of Rs. 1471.06
Million of working capital loans and Rs. 7.70 Million of long term loans, including
long term loans maturing within 12 months of the balance sheet date.
Board of directors
s. no. name designation
1 mr. suresh J patel chairman and managing director
2 Mr. Bhavin S. Patel executive director
3 Mr. Ankit S. Patel executive director
4 Mr. Sunil K Mehta independent director
5 Mr. Nalin Kumar independent director
6 Mrs. Neha Huddar independent director
7 Dr. parin D. Shah independent director

Shareholding pattern
Category No. of shares Percentage
Promoters 6,05,85,042 49.58
General Public 2,76,23,639 22.61
Foreign Promoters 1,06,81,174 8.74
Others 82,41,748 6.75
Foreign Institutions 76,11,011 6.23

NBFC and Mutual Funds 72,98,702 5.97

Financial Institutions 1,47,449 0.12