is a trusted life sciences partner, offering high-quality research services, active ingredients, and intermediates to global pharma, crop protection, and specialty chemicals companies.

Innovating for a

Sustainable World

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For us, innovation means driving meaningful progress, and delivering lasting value to customers, businesses, communities, and the planet. Guided by this conviction, we advance science-driven solutions that address global challenges while enabling sustainable growth.
Financial Highlights of 2024-25
INR 0 Million
Revenue
INR 0 Million
Cash Flow from Operation
INR 0 Million
EBITDA
INR 0
EPS
0%
EBITDA Margin
0.0X
Net Debt to Equity
CHAIRMAN’S MESSAGE
Transforming for Tomorrow
Transformation is our pathway to tomorrow. By embracing innovation, sustainability, and resilience, we are building a future-ready Hikal that creates lasting value for all stakeholders.”

Jai Hiremath

Executive Chairman

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BOARD OF DIRECTORS MANAGEMENT TEAM
WHERE WE OPERATE
A Global Hub for
Life Sciences

We operate five manufacturing sites and a world-class R&T centre, serving both domestic and global markets (Americas, Europe, Middle East & Africa, Asia, and Australia) through offices in the USA, Europe, India, and Japan.

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Note: Map not to scale.

KEY PERFORMANCE INDICATORS
Measures of Progress
Long-term credit rating is maintained at A+ by ICRA
WHAT WE DO

We manufacture APIs and intermediates, with strengths in chiral chemistry, custom synthesis, and contract research. We support global partners from gram-to kilogram-to tonne-scale production, backed by advanced facilities, regulatory compliance, and long-standing relationships with major pharma companies.

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We develop APIs and advanced intermediates for both farm and companion animal health segments, offering in-house products and contract manufacturing from cGMPcompliant facilities. In addition to our existing product pipeline, we are expanding with early-stage development projects focused on complex chemistry and high-value molecules.

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Rooted in science and driven by innovation, our crop protection portfolio spans insecticides, fungicides, herbicides, biocides, and intermediates. With decades of synthesis expertise, advanced manufacturing and regulatory know-how, we deliver cost-effective, compliant, and scalable solutions to our partners worldwide.

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Manufactured Capital
0 m3
Capacity

Human Capital
0
Employees
0
Personnel in R&T and technical services

Pharmaceuticals
Division

Animal Health Business
10 +
Animal Health focused APIs
57
Dedicated R&T resources in 4 dedicated labs
4 +
Existing relationships with Animal Health innovators
New Animal Health Multipurpose facility commissioned at Panoli, Gujarat (validation in progress)

Animal Health
Division

Manufactured Capital
2,500 m3
Capacity

Human Capital
985
Employees
74
Personnel in R&T and technical services

Crop Protection
Division

HOW WE CREATE VALUE
Our Growth Engine
Inputs
Value-Creation Process
Output
Outcomes
Financial Capital
INR 0 Mn
Equity
INR 0 Mn
Net debt
Human Capital
INR 0 Mn
L&D investment
0 hours
EHS training
Natural Capital
0,0 GJ
Total energy consumption
0,0 KL
Water consumption
Manufactured Capital
0
Manufacturing capacity
Intellectual Capital
0 Mn
R&T expenditure
Social and Relationship Capital
INR 0 Mn
CSR expenditure
7
Patent applications
filed in 2024-25
201
Patent applications
filed till date
Zero
LTIFR
80%
Retention rate
100%
Critical suppliers
assessed on ESG
108
CSR activities
conducted
Financial Capital
INR 18,598 Mn
Revenue
INR 3,335 Mn
EBITDA
Manufactured Capital
7,200 MT
Active ingredients
sold in 2024-25
1,200 MT
Advanced intermediates sold in 2024-25
Human Capital
4
Safety initiatives
1,876
Workforce trained
Intellectual Capital
9
Papers published in academic journals
Social and Relationship Capital
235,600
Lives impacted through CSR
Natural Capital
6%
Reduction in water consumption
32.14%
Reduction in Scope 2 GHG emissions
40.85%
Reduction in Scope 1 GHG emissions
RESEARCH AND TECHNOLOGY
Creating ‘Just the
Right Chemistry’

We partner with global innovators and custom-generic companies to solve complex chemistry challenges across pharmaceuticals, animal health, biotech, crop protection, and specialty chemicals. Our Research & Technology Centre develops sustainable, efficient, and scalable processes for NCEs, generics, and lifecycle extensions. With deep scientific expertise and a focus on quality, IP protection, and reliable delivery, we offer integrated solutions aligned with evolving regulatory and environmental standards. Our commitment to green chemistry drives long-term value for both the business and the planet.

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15
Synthetic Laboratories
One
Simulation Lab
46
Graduates
One
Process Safety Lab
288
Post Graduates
One
High Pressure Lab
One
Innovation Lab
One
Kilo Lab
(Scale-up and Pilot)
26
PhDs
Six
Process Improvement Labs
One
Solid State Chemistry Lab
Four
Instrumentation Labs
One
Effluent Treatability Lab
ESG AT HIKAL
Towards a Sustainable Tomorrow
ENVIRONMENT
Driving Environmental Stewardship

At Hikal, we strive to minimise our carbon footprint by embedding sustainability into every aspect of our operations. From advancing green chemistry solutions to reducing resource intensity, conserving energy and water, controlling emissions, and minimising waste, we are committed to driving measurable environmental progress while supporting a healthier planet for future generations.

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Highlights for 2024-25
1,038,458.5 GJ
Total renewable energy consumption
INR 133.98 Million
Yearly savings due to investments in energy efficiency
8%
Waste reused

Contribution to UN SDGs
SOCIAL
Building Enduring Partnerships

At Hikal, we are dedicated to nurturing an inclusive and empowering workplace where every voice is respected and every contribution is recognised. We invest in our employees’ growth and well-being and uphold zero tolerance for discrimination. We actively contribute to society through our Srijan initiative, driving meaningful impact across our organisation and the communities we serve.

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Highlights for 2024-25
44,521 Hours
Skill upgradation training
34,204 Hours
EHS training
Zero
Fatalities
100%
Employee return to work and retention rates
2,35,600
CSR beneficiaries
INR 29 Million
CSR expenditure

Contribution to UN SDGs
GOVERNANCE
Leading towards a Sustainable Tomorrow

At Hikal, strong governance is central to our responsible and ethical business conduct. Grounded in principles of fairness, transparency, and integrity, our governance framework enables effective stakeholder engagement, informed decision-making, and long-term value creation, ensuring we remain resilient and responsive in a dynamic operating environment.

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Highlights for 2024-25
55%
Independent Directors
27.3%
Women Directors
Zero
Corruption incidents reported
Zero
Cases of Conflict of Interest

Contribution to UN SDGs
AWARDS AND RECOGNITION
Our Moments of Pride

WWF India Recognition

Chairman Acknowledged for Hikal’s Contributions to the Nature Guardian Programme

ET NOW Best Organisations for Women — 5th Edition

Shortlisted; strong female representation, anti harassment policies, women centric benefits, CSR initiatives, diversity targets, leadership programmes

Employer of the Year - India HR Summit & Awards

Supportive and Inclusive Workplace - Employee Empowerment