For over three decades, our commitment has been to drive growth through scale, efficiency, and quality. This year, we strengthened our commitment to sustainability, going above and beyond to extend the value we create beyond our products. Embracing sustainability aligns our company’s operations with environmental responsibilities and yields significant benefits in multiple aspects.
We firmly believe that
sustainability and growth
are intertwined. With
sustainability as our
north star, we have made
significant investments in
technology to ensure clean
energy, reduce our carbon
footprint, conserve natural resources, and minimize waste generation across all our
sites.
This, in turn, enhances our reputation and fosters stronger relationships with
stakeholders,
including colleagues, partners, and the communities in which we operate.
Revenue
EBITDA Margin
EPS
Free Cash Flow
Dividend Payout
Ratio
Net Debt to
Equity
Reduction in water intensity per ₹ of turnover
Power purchase agreements (PPAs) signed to procure renewable energy
Beneficiaries
Fatalities
Women Directors
Employees* trained on any of the principles of the BRSR
*Other than BoD and KMPs
Guided by our vision, we have made substantial progress on the Environment, Social, and Governance (ESG) front by establishing a sustainability roadmap. This not only bolsters our standing but also positions us as a more robust and enduring organisation committed to sustainability.
Jai Hiremath Executive Chairman
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We create and deliver sustainable solutions for global innovator companies across the life sciences value chain. Our expertise lies in providing ‘just the right chemistry’ to empower our partners to thrive and make a positive impact worldwide.
PHARMACEUTICAL
What We Do
As a prominent provider of APIs, intermediates, contract manufacturing, and
contract development services, we contribute to the well-being of both
humans
and animals through our diverse range of offerings.
CROP PROTECTION
What We Do
We combine research and technology, manufacturing capabilities, and
intellectual
capital to deliver world-class crop protection offerings such as
insecticides,
fungicides, herbicides, biocides, and intermediates.
Project Pinnacle
Plan to create value for our
stakeholders
With environmental sustainability gaining momentum as a goal and a guiding principle, the need for change is more pressing than ever.
Our operations are guided by a deep understanding of the importance of stakeholders and creating a mutually beneficial environment.
Governance serves as the bedrock of our operations, guaranteeing transparency and enabling us to maximise long-term value for our stakeholders.
Our five manufacturing facilities span across three strategic locations in India: Gujarat,
Maharashtra
and Karnataka.
Navi Mumbai, Maharashtra
Bengaluru, Karnataka
Pune, Maharashtra
We innovate and create solutions to complex chemistry problems for global innovator and
custom-generic companies, using scientific research, skill, technology, experience and
best-in-class infrastructure.
(in ₹ mn)
(in ₹ mn)
(in ₹ mn)
Long-Term
Rating by ICRA
Short-Term
Rating by ICRA
Financial 
Manufactured 
Intellectual 
Human 
Social and Relationship Capital
Natural 
Financial
Manufactured
Intellectual
Human
Social and Relationship Capital
Natural 
Investors
Customers
Employees
Value Chain Partners
Communities
Government and Regulators
Investors
Customers
Employees
Value Chain Partners
Communities
Government and Regulators
We conducted a materiality assessment for the first time to identify topics that could potentially affect the value we create over time.
This assessment identifies and prioritises our material topics based on their impact on our ability to create value (inward-focused), as well as their impact on society, communities, and the environment (outward-focused). The outcome of this process guided the content of our ESG section in this year's Annual Report.
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We are committed to fostering enduring relationships and partnerships with our stakeholders.
With a strong focus on good governance, we align our efforts with environmental and social
considerations
to drive meaningful outcomes.
Material Topics Covered
Energy Efficiency and Carbon Emissions
Waste
Management
Water and Effluent
Management
Biodiversity
Protection
Air
Pollution
Green
Chemistry
Highlights 2022-23
EMISSIONS REDUCTION DUE TO
RENEWABLE ENERGY PROJECTS
WASTE RECYCLED
YEARLY SAVINGS DUE TO INVESTMENTS IN ENERGY EFFCIENCY
Material Topics Covered
Data Integrity and Security
Risk Management and Business Continuity
Product Quality, Safety, and Labelling
Research and Innovation
Sustainable Supply Chain
Sustainable Financial Performance
Customer Engagement
Regulatory Compliance
Highlights 2022-23
WOMEN
DIRECTORS
CORRUPTION
INCIDENTS REPORTED
BUILDING ENDURING RELATIONSHIPS
Material Topics Covered
Diversity, Inclusion, and Equal Opportunities
Employee Well-being, Benefits, and Retention
Occupational Health and Safety
Human Rights and Community Relations
Skill Development
Highlights 2022-23
80%
RETENTION RATE
Zero
FATALITIES
80%
PERMANENT EMPLOYEES HAVE BEEN PROVIDED TRAINING ON HUMAN RIGHTS