Strategy for a Sustainable Future

Our strategy is developed based on the opportunities and risks in our operating environment. It helps us to remain focussed on growing our business and market position, while setting a clear path for long-term sustainability and maximising stakeholder value.

Sustain market leadership and focus on being the most cost-efficient in the Basic Chemistry Business

World’s 3rd and 6th largest Soda Ash and Sodium Bicarbonate manufacturer, respectively

Global presence and access to world’s largest natural reserves in the US

Supplier of choice to global glass and detergent companies

Ongoing capex for capacity expansion and debottlenecking at Mithapur with implementation phased to focus on rapid expansion of essential products

Environmental Impact Assessment (EIA) approval for Soda Ash expansion at Mithapur

Acquired remaining 25% stake in Tata Chemicals (Soda Ash) Partners Holdings from The Andover Group Inc for US$ 195 million, thereby increasing Tata Chemicals’ ownership to 100%

Debottlenecking / capacity expansions for Soda Ash, Bicarb, Salt, Cement, Caustic, Chlorine derivatives

Growing value-added products under portfolio

Exploring adjacencies and forward integrate across Soda Ash value chain

1,949 Cr.

EBITDA

1,248 Cr.

PBT

1,028 Cr.

PAT (before NCI)

19 %

EBITDA Margin

3,670 KT

Soda Ash production

222 KT

Bicarb production

362 KT

Cement production

1,078 KT

IVSD production

Aggressively grow the Specialty Products Business through a strong science differentiated, innovation pipeline

Agri Sciences

Wide reach covering 80% of India’s districts and ~13 million farmer connects by Rallis

Diversified portfolio covering crop protection solutions, plant growth nutrients, seeds and agro services

Strong brand image among farmers

Nutritional Sciences

India’s 1st and only Nutritional Sciences business for FOS and GOS manufacturing

Solutions for microbiome modulation with global scale capacities for Short chain FOS & GOS

Material Sciences

Green patented technology for manufacturing Highly Dispersible Silica (HDS) for tyres

Wide range of customised Conventional Silica products

Patented process for Nano Zinc Oxide and strong R&D capabilities including nanotechnology

Energy Sciences

Build on technologies in Lithium-ion battery / cell manufacturing and Next-Generation chemistries

Partnership with Tata Technologies to establish own Battery Engineering Centre in Pune

Agri Sciences

₹ 800 crore investment approved for growth in key molecules and enhancing of formulation plant capacity

Metahelix Life Sciences-Rallis merger to enhance shareholder value and leverage synergies of businesses

Nutritional Sciences

Commissioned state-of-the-art Nutraceuticals plant at Nellore

Material Sciences

Commissioned 10 KTPA precipitated Silica manufacturing plant at Cuddalore post upgrading the plant infrastructure & systems

Accelerated R&D and commercial engagement with tyre companies

Capacity enhancement for manufacturing of Nano Zinc Oxide and increase in customer engagements

Energy Sciences

Land acquisition and development at Dholera, Gujarat

Development of batteries at our engineering centre for 2W and 3W OEMs

Engagements with power and telecom companies for Energy Storage Solutions

Commenced pilot scale Lithium-ion battery recycling operations and commercial sale of recovered, metal salts

Agri Sciences

New product development across segments like crop protection, nutrition and seeds

International Business Development through partnerships with customers

Succeed with New formulation technology, GMO & Non-GMO traits

Nutritional Sciences

Investing in microbiome and fermentation-based ingredients, prebiotics, probiotics and enzymes

Shifting from traditional to synthetic biotech and promote co-development model with customers

High quality Natural Extracts for food and pharma industry

Material Sciences

Focussing on HDS for tyre and other high-growth applications and exploring adjacent innovative materials

Evaluating and executing phased capacity expansion of Silica

Scale Nano Zinc Oxide business into coatings and additive applications

Expansion of portfolio into other nanomaterials aimed at healthcare and advanced applications

Energy Sciences

Building < 1 GWh cell line by 2021 with technology from a global leader

Completing 2-3 commercial scale energy storage projects

Scaling Lithium-ion battery recycling operations

Setting up pilot line to manufacture cathode active materials

Agri Sciences

New Product Development-NSDI

% revenue from new products

Nutritional Sciences

Revenue from FOS

Number of new projects / Applications added

Number of scientific publication

Material Sciences

Net sales from new business

New key customer accounts won

Adherence to milestones in key customer engagement journey

Energy Sciences

Net sales from new business

Start of Production for own cell line

Order pipeline for OEM business

Focus on Sustainability, Innovation and Digitisation as key platforms for transformation

Sustainability

Strong foundation of SDG, product stewardship

Corporate sustainability policy

CDP, UNGC & IR framework for reporting performance

Science-Based Target Initiative (SBTi) commitment to reducing absolute carbon footprint

Active member of ICC, BCCI, CII, CIA, ESAPA, EU Salt Association

Innovation

World-class R&D facilities:

Innovation Centre, Pune

Rallis Innovation Chemistry Hub (RICH), Bengaluru

Innovation Centre - Seeds Division

Digitisation

Technical expertise in analytics and process automation

Culture for leveraging digital assets across the organisation

Sustainability

Announced UK’s first industrial scale carbon capture and utilisation plant with £16.7 million investment at TCE

Established Centre for Sustainable Agriculture and Farm Excellence (C-SAFE) and Centre for Sustainable Conservation Action for Protection of Ecosystems of the Seas (C-SCAPES)

Plastic waste used as alternate fuel source at Cement plant supporting the circular economy concept

Innovation

Agri Sciences

Portfolio expansion: Paddy crop protection products viz. Zygant (pesticide) and Ayaan (fungicide) were introduced; and Rapid regeneration technique for rice was implemented

Nutritional Sciences

New product pilot completed and ventured into skin domain (built novel prototypes)

Developed staple food fortification premixes

Material Sciences

New grades of Silica for garment and oral care applications

Energy Sciences

ISRO Lithium cell technology transfer completed

NCA cell prototyping work completed at CSIR-CECRI

Analytics for R&D

Developed analytics roadmap

Bioinformatics to support field study and diagnostic projects at Rallis for seeds

Digitisation

Optimal Rake logistic planning and Salt Pan Automation at Mithapur

Prescriptive analytics for factory operations in Soda Ash manufacturing

Agri Sciences

Implemented Dealer Management System and Sales Force Automation

Synergising IT operations across businesses - Financing and accounting support harmonised

Sustainability

Continue on climate change mitigation

Innovative solutions to capture carbon from coal-based boilers

Promoting sustainability in the supply chain

Digital enablement to track KPIs

Implementing circular economy in business

Innovation

Leveraging academic ecosystem for technology acquisition and building infrastructure for Specialty Chemistry Business

Leveraging synergy benefits across all R&D centres

Building Centre of Excellence (CoE) to cater to computational and analytical requirements of all R&D centres

Digitisation

Sharing global IT/digital teams and building common IT operation and delivery

Business Process Reengineering for process harmonisation

Implementing new tools, software and techniques

Leveraging digital expertise for business transformation

Sustainability

61.25

Sustainability Assessment Index (SAF)

87 %

Limestone recycled (India operations)

86 %

of water recycled

4,447 KT

GHG emission

1,104 TJ

Energy savings
Innovation
Commercialisation of technologies developed
Scientific support to new business

152

Cumulative Patents filed

65 Cr.

Investment in R&D (TCL, India + Rallis)
Joint projects between R&D centres
Digitisation

Digital Maturity Model (DMM) Score

Business benefits as a result of digital projects implementation

Value delivered by synergy of IT operations