As far as the topline is concerned the company has pass-through clause in the contracts so that they are able to pass on forex and raw material price risk to the consumer, hence as far as the bottom-line growth is fine we should not get worried about top-line (since this is bound to decrease due to lower crude prices).
As far as ATBS application in shale gas and Enhanced oil recovery (EoR) goes, it contributes c.20% of ATBS sales and rest of the 80% comes from various other industries such as water treatment, personal care etc. And obviously as far as they keep on drilling oil (which they are) the demand should not drop so much.
Both these points come from interview of Vinati on ET 2 years back:
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