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Brooks Laboratories Ltd.

BSE: 533543 Sector: Health care
NSE: BROOKS ISIN Code: INE650L01011
BSE LIVE 15:45 | 21 Jul 133.30 -7.55
(-5.36%)
OPEN

140.00

HIGH

140.00

LOW

131.80

NSE 15:58 | 21 Jul 132.90 -7.75
(-5.51%)
OPEN

138.85

HIGH

140.50

LOW

130.20

OPEN 140.00
PREVIOUS CLOSE 140.85
VOLUME 112928
52-Week high 194.40
52-Week low 96.00
P/E 110.17
Mkt Cap.(Rs cr) 216
Buy Price 133.30
Buy Qty 508.00
Sell Price 0.00
Sell Qty 0.00
OPEN 140.00
CLOSE 140.85
VOLUME 112928
52-Week high 194.40
52-Week low 96.00
P/E 110.17
Mkt Cap.(Rs cr) 216
Buy Price 133.30
Buy Qty 508.00
Sell Price 0.00
Sell Qty 0.00

Brooks Laboratories Ltd. (BROOKS) - Chairman Speech

Company chairman speech

CHAIRMAN'S LETTER

Dear Shareholders

15 years back when I along with Mr Rajesh Mahajan conceptualised the idea of Brooksthe goal was although simple but quite tough and challenging for people like us who camefrom service class families with no business experience or business heritage but ourconfidence has always remained high. The goal was to be a world class PharmaceuticalCompany one day it was challenging at first because of the lack of capital lack oflocational advantage and lack of experience.

With the above ideas incorporated and with our philosophy and motivation we foundedBrooks in 2002. Lots of things have changed over the years but some of the basicprinciples that we strongly believed in have remain unaltered. At some point of timeanybody could falter in the process of learning but if the intent is honest we will beheard by The Almighty and ultimately road of growth and goal will not only will besmoother but faster as well.

Challenges came challenges were conquered and today the scene is: we already haveworld class manufacturing facilities and a great hardworking team; we have 15 years ofexperience in hard core quality pharmaceutical manufacturing; we have the best locationsfor manufacturing and we have created a space for ourselves in this quality pharmaceuticalcorporate world in the last 15 years.

Despite of the challenging and very eventful and reflective journey we have nowcreated a space for ourselves and having an experienced team along with the world classmanufacturing unit at Vadodara (ready to be commissioned) we are confident of placingourselves into the next higher orbit of growth. We are confident that with the good wishesof our stakeholders and focussed work by our team we shall be able to create greatervalue for our shareholders.

Our goal today to be a world class player will be achieved by being one of the bestmanufacturer in the niche segment where we could be considered as preferred choice formanufacturing in that niche segment all over the world. This shall also lead us to launchour own products in overseas markets faster and in shorter time span. This differentiationshall place Brooks on continuous growth path to become a global leader.

While business shall be our priority we shall ensure Corporate Social Responsibilitysincerely as well.

At Brooks success should not be decided by growth achieved in previous years or yearsto come we shall strive to achieve the right thing irrespective of how challenging thebusiness scenario is it should not deviate us from our basic guiding principles and I amsure with these values we shall be able to transform ourselves.

Place: Mumbai Atul Ranchal
Date: 03.09.2016 Chairman Brooks Laboratories Ltd.