You are here » Home » Companies » Company Overview » Cadila Healthcare Ltd

Cadila Healthcare Ltd.

BSE: 532321 Sector: Health care
NSE: CADILAHC ISIN Code: INE010B01027
BSE LIVE 15:42 | 22 Sep 489.15 -14.25
(-2.83%)
OPEN

504.00

HIGH

511.05

LOW

486.10

NSE 15:54 | 22 Sep 489.10 -15.35
(-3.04%)
OPEN

505.00

HIGH

511.00

LOW

487.10

OPEN 504.00
PREVIOUS CLOSE 503.40
VOLUME 56153
52-Week high 558.00
52-Week low 329.95
P/E 72.15
Mkt Cap.(Rs cr) 50,074
Buy Price 489.15
Buy Qty 74.00
Sell Price 0.00
Sell Qty 0.00
OPEN 504.00
CLOSE 503.40
VOLUME 56153
52-Week high 558.00
52-Week low 329.95
P/E 72.15
Mkt Cap.(Rs cr) 50,074
Buy Price 489.15
Buy Qty 74.00
Sell Price 0.00
Sell Qty 0.00

Cadila Healthcare Ltd. (CADILAHC) - Chairman Speech

Company chairman speech

The Big ‘C' at Zydus stands for Culture.

Friends

The biggest asset of ours does not figure on the Balance Sheet. Our Company's 20000employees are not listed on the Assets' side of its core financial statement. But that'sexactly who they are... Our most precious assets.

Our people have transformed the Company into a modern innovations-driven institution.Their passion has transformed us into India's fourth largest pharmaceutical organisation.At the heart of this distinctive difference is the unmistakable Cadila Healthcare culture.

Our culture

Our culture is a fusion of a number of things.

The commitment to be ethical in thoughts and deeds - doing things the right way.

The desire to challenge the status-quo.

The confidence to see a challenge right through and not blink. The resilience toencounter a setback and ensure it never happens again. The resolution to design solutionsthat generate more out of less. The conviction to make continuous everyday improvements inwhatever we do.

The empowerment of shopfloor workers to make decisions without fear.

The deep collective conviction that‚ nothing is impossible.

Our Company's culture compass is about ‘doing the right thing' ‘the rightway' and we believe that this will translate into credible processes customer well-beingand a sustainable way of doing business.

People. Passion. Purpose. We see and experience this each day at work where more than20000 Zydans across geographies are innovating engaging creating and deliveringtherapies that serve patient needs around the world.

How do these three pillars of people passion and purpose connect to our culture?

It has been said that an organisation's culture is its set of shared values and can bedescribed as the underlying mindset of an organisation. ‘Culture' then becomes adriver of our attitudes beliefs and actions. Our aim is to shape a robust culture whichcan inspire best practices. We find that this happens in a seamless way when our peoplelive by these shared values and commitment; are driven by a passion to improve innovateand move on to the next level of excellence and are driven by an overarching purpose tocreate healthier communities.

Culture is about doing the ‘right thing' at the ‘right time'

Our Company's culture compass is about ‘doing the right thing' ‘the rightway' and we believe that this will translate into credible processes customer well-beingand a sustainable way of doing business.

In a world where management experts opine that speed is every thing the need to beprocess-driven ethical and sequential might appear as a contradiction.

At Cadila Healthcare we believe we carry a deep social responsibility. Our productstouch and heal human lives. There is a premium in making products of the highest quality.This quality needs to be derived from a consistently high operating benchmark.

It would be too simplistic to believe that process discipline alone would driveoperational efficiency. The subject is more holistic than specific; it extends tovirtually everything that we do within as opposed to addressing only Quality Assurance;quality is now a‚ ‘through the pipe' commitment than‚ ‘end of thepipe' surveillance; this commitment extends from a function within our workingenvironmental to the core organisational personality.

Doing things the right way has made it possible to achieve desired results eliminatedre-work removed mismatches between expectations and reality and made our outcomes morepredictable.

In view of this ethical commitment and compliance are intrinsic to businesssustainability.

Culture drives constant improvement and innovation

Since the very inception of our enterprise we have been an innovations-drivenresearch-based pharmaceutical company.

By creating necessary building blocks extending from innovation at one end topatient-centricity at the other we have been able to look at the pharma value chain andbring in exciting possibilities.

We have created centres of excellence in specific business spaces to drive innovationsin a sustainable way.

At the core of these successes lies the ability of Zydans to look at value-accruingimprovements and innovations in a differentiated way.

I am optimistic of our continued success for a number of reasons.

We will continue to delve deeper and explore the entire spectrum of research from NMEsto biologics vaccines and new pharmaceutical technologies to bridge unmet healthcareneeds.

By leveraging and optimising all aspects of our extensive value chain it has beenpossible for us to respond with speed and flexibility to emerging opportunities.

We have prudently selected to be present in relatively under-crowded therapeutic spaceswith high entry barriers promising attractive long-term returns.

The breadth and depth of our powerful portfolio across brands therapeutic categoriesgeographies supported by strong manufacturing infrastructure and operational excellenceis unmatched. We remain well-positioned to leverage our competitive edge and deliversustainable and profitable growth. Even as we continue to focus on the development ofproducts with global relevance we do so with the objective of affordability andaccessibility which we believe represents the foundation of our enterprise.

We have seeded a culture that continues to build and optimise efficiencies with theobjective to enhance our competitiveness.

The big message is that we are ready to catapult our Company into the next league ofgrowth. Our maturing business model is at the cusp of a new phase where whatever we haveachieved in the last two decades can potentially be compressed into next few yearsenhancing value for all our stakeholders.

Culture defines the way we adapt to change

In any organization employees are the key to driving results. We're extremelyfortunate that through our journey of growth Zydans have demonstrated a strength ofcharacter to raise the bar with every new goal set. Their knowledge and expertise passionfor developing new solutions and a commitment to excellence in all they do have been thegame-changers for us. We operate in a knowledge industry where the ability to thinkdifferently bring new ideas to fruition and diversity of culture experience and thoughtcan drive innovation. Zydans are encouraged to express their diverse opinions andcandidly share their experiences and ideas. It's their passion that helps us deliver valueto people across the world. Of course this also requires a tolerance for failure. That'swhy we support a culture that encourages collaboration and the sharing of lessons learned.Moving forward one of our most pressing challenges and the greatest need will be -inspiring a new generation of leaders innovators dreamers and doers. We believe that wewill have to adapt and open ourselves up to these new ways of working collaborating andfinding solutions.

Strong leadership is critical to our future. Moving forward our rich pipeline oftalented leaders are preparing to take on higher responsibilities for the future. This isa leadership team completely aligned to driving the growth opportunities in both ourexisting business and in new areas that we are exploring. Our story has always been aboutgrowth. We have always been future-focussed - the next goal the next opportunity thenext big leap. As a Company we have never rested on our laurels. Instead we are alwayson the move looking to explore new pathways expand the market through the right growthaccelerators explore advanced technologies usher in innovation and create newpartnerships.

We are committed to investing in future generations of talent by giving them ampleopportunities to learn and grow. As we continue to grow and expand our operations we willcontinue to build our people to build our business.

Culture that reflects the spirit of caring

Our Company through the Ramanbhai Patel Foundation is engaged in serving thecommunity through initiatives in education healthcare and research. Our initiatives havebeen directed at making positive interventions that impact lives in a meaningful way. AtCadila Healthcare this combination of core businesses and community responsibility makesit possible to touch people's lives in different ways and make the world a better place.

Overview

At Cadila Healthcare we possess a culture that will heal enhance reinforceenergise protect and transform corporate and sectoral realities.

Our Company has demonstrated an ability to evolve grow and shape its responses tochange in its journey of growth. We are at the cusp of exciting growth and feel compelledto share this optimism with all our stake holders.

Pankaj R. Patel

Chairman