Future Outlook
We aspire to be a sustainable company driven by technology, execution focused while remaining customer-oriented, delivering best-in-class service across all verticals. We are well positioned to capitalise on the significant opportunities in the current global shift of supply chain to India. I am confident we will scale to new heights in the upcoming year and future.
Jai Hiremath
Executive Chairman
Incorporated in 1988, Hikal Limited has emerged as one of the preferred partners for global companies in segments such as pharmaceuticals, crop protection, animal health, biocides, and specialty chemicals.
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Project Pinnacle
In pursuit of our commitment towards transforming into a greater and fast-growing organisation, last year, we launched ‘Project Pinnacle.’ The aim is to bolster strategic pillars, and enter the next phase of growth to achieve our vision.
1 AS OF 31 March 2022
We have five manufacturing facilities across three states in India. We supply our products to customers across the globe in the US, Japan, Europe, Canada, South East Asia, LATAM, India and RoW.
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USA
Under the two established growth engines of pharmaceutical and crop protection as well as the emerging animal health business, Hikal offers a diversified portfolio of products and services.
Our Primary Business Segments
Pharmaceuticals
Crop Protection
We specialise in manufacturing APIs and intermediates in our pharmaceutical division. Within our pharmaceutical division, we offer human health and animal health products.
Hikal is a partner of choice in
Human Health
Animal Health
We offer the best-in-class products for crop protection companies, using our manufacturing excellence and technical expertise. The primary product offerings include insecticides, fungicides, herbicides, biocides, and intermediates.
Crop Protection Division – Value Enablers
30+ Years
of Experience
Strong Product
Pipeline
Multi-use
Asset
Base
Our business environment is ripe with opportunity. The human health industry, especially in the CDMO segment, is expected to be on a high growth trajectory.
The growing need for outsourcing by global pharmaceutical companies and our competitive advantage make our human health vertical well poised to be a growth engine for our Company.
The animal health industry is full of untapped potential, with less competition, and is expected to grow in the future.
The business environment makes expansion into animal health lucrative for us and our animal health vertical is expected to grow multi-fold in the near future.
The crop protection industry is set to make recovery and bounce back.
Our product pipeline, along with a positive business environment, is expected to make our crop protection vertical a strong driver of our growth in the near future.
Pharmaceuticals
Animal Health
Food Ingredients
Crop Protection
Biocides
Specialty Chemicals
Research & Technology
Customers
Employees
Investors and
Shareholders
Community
Institutions and
Industry Bodies
Suppliers
Government and
Regulators
Media and
Analysts
We, at Hikal, have charted strategic pillars, which take advantage of our growth engines, to enable value creation and achieve our growth targets. These strategic pillars are based upon maintaining our competitive advantage in the market, and expanding them.
Our pillar of ESG relies upon increasing our natural capital, social and relationship capital in an efficient governance structure. This leads to alignment of our well-being with the collective good.
We, at Hikal, understand the importance of regulations and strive to ensure we do business safely and responsibly. Our compliance relies on our commitment to green chemistry and green engineering.
Our business strategy relies on creating a unique value proposition for our customers. We strive to provide cost-effective quality products, manufacture them with excellence using our technical capabilities, improve our downstream supply considerations, and ensure we satisfy the highest ethical standards.
Our aim is to harness science and technology to create world-class, sustainable products and solutions for customers, and enhance productivity of our sites and profitability of our businesses.
Our pillar of manufacturing excellence relies on capacity, capability, and compliance. We remain committed to an expansion of capacity through self-funding. This year, we undertook several initiatives to ensure our existing and future capacities are used as efficiently as possible.
As evident from the disruptions that stemmed from the recent past, supply chain risk is substantial and a threat to profitability. Our strategic pillar of supply chain management relies on backward integrating, finding alternative sources and partnerships, localisation, and digitisation. During the year, we undertook some efforts to de-risk our business from supply chain shocks.
We believe that sustainability is key to our long-term success, and to create value for our stakeholders. Embedding ESG into our operations enables us to create a positive impact on the environment, our people, and the communities we operate in.
Energy Efficiency
Responsible use of natural resources and usage of renewable energy
Emission Management
Reducing our emissions and contributing to combatting climate change
Water Management
Water conservation, restoration of water bodies
Waste Optimisation
Safe disposal, recycling, waste recovery and reduction of waste generation at the source
Biodiversity
Preservation of biodiversity to ensure natural capital is enhanced
Employee Safety
Safety of work environment for employees across value chains
Employee Engagement & Diversity
Practices, policies, and culture supporting diversity, equity, and inclusion
Fair Sourcing
Fair practices for suppliers throughout the supply chain
Community Relations
Equitable interactions with communities
Transparency and Risk Management
Responsible disclosure and management of risks
Quality Governance
Practices related to good governance and ethics
Corporate Governance
Governance framework and regulatory compliance
Golden Peacock Award for Corporate Social Responsibility
Great Place to Work®
India’s Top 100 Best Companies to Work for in 2021
