Delivering our Promise of Leveraging our Strategy for Stable Growth
During the year, we reinforced our market position and expanded our presence by adding more customers and geographies through a diversified portfolio and market credibility. We are further delivering on our promise of improving productivity through clear-cut strategies on tapping new markets and expanding capacities and cost optimisation.
As we move ahead, we will be building on our market share gains by further adding on capacities, customers, geographies and new products, heading onto a stable growth path. Today, we are well placed to leverage the growing opportunities in India’s chemicals industry. The established business segments continue to benefit from a positive demand environment and firm realisations. We are confident of continuing the growth momentum backed by our growth strategy.
We are delivering on our promises by
Doing more of the same
We enhanced the capacities in Basic Chemicals and Fine & Speciality Chemicals to help us deliver our promise of improved performance.
Inculcating cost efficiencies
A clear strategy of being cost-efficient helped us deliver our promise of improved EBITDA and earn the benefits of operating leverage, contributing to enhanced profitability.
Adding more products
We delivered our promise of building more product lines. The Phenol and Acetone plant at Dahej enables us to manufacture value-added import substitutes.
Exploring new geographies
We delivered our promise of adding more markets by leveraging the increasing international opportunity and becoming a favoured supply chain partner.