83rd Year | 2021-22 | Integrated Annual Report
Expertise in chemistry, adoption of Green Chemistry for sustainable future growth, world-class facilities, talented team and commitment to all stakeholders are at the
core of our business, enabling us to create differentiation and deliver distinctive value
Expertise in chemistry, adoption of Green Chemistry for sustainable future growth, world-class facilities, talented team and commitment to all stakeholders are at the core of our business, enabling us to create differentiation and deliver distinctive value to all.
At Tata Chemicals, the above aspects have enabled us to create a business model that is resilient and upholds our competitive edge across markets and products. It enables us to be adaptable, agile to navigate challenges, grow and consolidate our leadership position. This was what we did in a challenging FY 2021-22. We successfully navigated through external uncertainties and challenges like rise in input costs, extreme weather conditions, supply chain disruptions and increased environmental regulations through agility and adaptiveness. At the same time, we remained nimble to quickly capture rising demand opportunities and deliver on commitments. With demand continually improving, expansion projects on track and new business initiatives progressing well, we are set to leverage our chemistry of resilience and create value. There is a sharper focus on sustainability through Green Chemistry at its core.
With the macroenvironment becoming more volatile, complex and uncertain, organisational resilience is becoming increasingly significant part of the business model. Tata Chemicals has established a structured approach to become more resilient. This approach is supported by robust business processes. This has enabled Tata Chemicals to deliver with excellence to all its stakeholders.
Operational ExcellenceCustomer CentricityFunctional Excellence
At Tata Chemicals, we stepped up our efforts to make our businesses resilient. We were able to cushion the impact of high energy prices and supply chain bottlenecks and were able to meet the pent-up demand across geographies.
Our Mission: Serving Society Through Science
Innovation based on Green chemistry principles drives our growth by creating distinct value for customers. We demonstrate high levels of commitment towards sustainability and empower communities that we serve.
Our resilience is an outcome of competencies and enablers that we have implemented across our business segments and operations.
Our resilience is an outcome of competencies and enablers that we have implemented across our business segments and operations. We continue to nurture these by delivering greater value to stakeholders, ensuring sustainable growth and improved business resilience.
We have a structured and systematic process to identify, analyse and manage material matters. This helps us in better understanding the impact of our business on stakeholders and vice-versa, and thus aligns priorities to drive our value creation.
A balanced, cost-effective funding mix (debt and equity) deployed for sustaining and creating value across all capitals.
We maintain focus on free cash flows (FCF) generation and prudent financial management to fund growth, reduce debt and pay dividends.
Cash and cash equivalents*:
₹ 2,635 crore ( ↓ )
Networth: ₹ 19,157 crore ( ↑ )
(+) Revenue: ₹ 12,622 crore ( ↑ )
(+) EBITDA: ₹ 2,305 crore ( ↑ )
Infrastructure such as plants, warehousing and logistics facilities and physical assets in which we have invested financial capital to ensure efficient operations and generate long-term returns.
We undertake process safety, risk management and sustainability initiatives to enhance operational reliability.
Capex incurred: ₹ 1,277 crore ( ↑ )
Innovation to recover and reuse key resources (CO2 and Sodium)
(+) Enhancement in manufactured assets and capex progressing well
(+) Increase in sale of Soda Ash to 3,665 KT; Sodium Bicarbonate to 231 KT; and Salt to 1,609 KT
Science knowledge, R&D capabilities, information technology infrastructure and digitalisation enable development of competitive products and market share win.
We are strengthening synergies between R&D centres and investing financial capital to fund research projects as well as to improve R&D infrastructure.
Investment in R&D (including Rallis):
₹ 68 crore ( ↓ )
Technically skilled people in R&D (including Rallis): 245
(+) Robust new product launches and registrations
(+) Enhancement in intellectual property with 11 new patent grants
The knowledge, skills, experience and motivation of our employees help us to create value.
We are investing in building future-ready capabilities among people and in digital initiatives and niche skills. We are focussing on diversity and inclusion to foster creativity and innovation.
Strong team of 4,642 people
Training days per employee:
2.9 man-days ( ↑ )
(+) High employee productivity, job
satisfaction, engagement & retention
(+) Zero incident of labour unrest
The collaborative relationships with the communities, supply chain partners and customers, along with our welfare initiatives, led to strengthening of our reputation of being a long-term partner of choice and to secure licence to operate.
We are engaging with all stakeholders on a continual basis to address their needs.
CSR spending* (standalone) – ₹ 15.88 crore ( ↓ )
Relationship management and collaborative working with customers
(+) CSR beneficiaries: 3 lakh
(increase from 2 lakh) ( ↑ )
(+) Creating local employment opportunities in multiple regions of presence
The renewable and non-renewable natural resources that we use in our operations to generate social and economic value and the resultant environmental impacts. Focus on Green Chemistry – Fermentation platform for Prebiotics, Silica, etc.
We have aligned our sustainability goals with Responsible Care, CORE and UN SDGs guidelines.
Trona 52,93,597 MT ( ↑ )
Solar Salt 25,99,410 MT ( ↑ )
(+) No serious environmental incidents or material impact to biodiversity / habitats
(+) No water source negatively impacted by our extraction
Our business success is interwoven with the welfare and prosperity of the communities within which we operate.
Farmers covered under
Cattle covered under livestock
We are a leading manufacturer of Sodium Chemistry products that serve diverse industrial customers. We strive to offer high quality differentiated products and services customised for our customers. We have a global distribution network that ensures reliable supply and seamless connectivity.
Chemistry of High-Performance
Green Chemistry through fermentation platform
Meeting farmer needs safely and sustainably
Our Chairman, Mr. N. Chandrasekaran, was conferred the Padma Bhushan, one of India's highest civilian awards, in the field of Trade and Industry.