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Fermenta Biotech Ltd.

BSE: 506414 Sector: Health care
NSE: N.A. ISIN Code: INE225B01021
BSE 00:00 | 27 Mar 189.40 2.10
(1.12%)
OPEN

183.00

HIGH

201.90

LOW

183.00

NSE 05:30 | 01 Jan Fermenta Biotech Ltd
OPEN 183.00
PREVIOUS CLOSE 187.30
VOLUME 5894
52-Week high 337.00
52-Week low 151.00
P/E 9.42
Mkt Cap.(Rs cr) 558
Buy Price 190.00
Buy Qty 12.00
Sell Price 193.75
Sell Qty 200.00
OPEN 183.00
CLOSE 187.30
VOLUME 5894
52-Week high 337.00
52-Week low 151.00
P/E 9.42
Mkt Cap.(Rs cr) 558
Buy Price 190.00
Buy Qty 12.00
Sell Price 193.75
Sell Qty 200.00

Fermenta Biotech Ltd. (FERMENTABIOTEC) - Chairman Speech

Company chairman speech

"Our Company is committed to extending the frontier of customer service and indoing so enhance value for all stakeholders in a responsible profitable and sustainableway."

At DIL Limited our operating philosophy has been to extend beyond self to society.

We believed that when a company provides a learning space for employees itmanufactures a product that meets a relatively unmet need of patients it providesshareholders with attractive returns that exceed what their invested capital would havegenerated from alternative investments when it services society as a whole through timelypayment of taxes or higher employment and when it invests in direct engagements thataddress the needs of the marginalized the result is business sustainability.

This sustainability is reflected in our long-term performance. The Companyenhancedrevenues from Rs. 98 cr in 2010-11 to Rs. 417 cr in 2018-19; profit after tax strengthenedfrom Rs. 28 cr to Rs. 118 cr during this period.

Over the last couple of years the Company has reinforced its sustainability through aproposal to amalgamate Fermenta Biotech into DIL Limited to make it possible to aggregatethe strengths assets and earnings of the two companies with the objective of creating aconsolidated corporation with an attractive future

Investing in our business

At DIL Limited we intend to enhance our effectiveness through a progressive investmentin capacities and capabilities . We believe that an enhanced scale will increase relatedeconomies making it possible to service customers more effieciently and enhance ourglobal brand as that of a company with good reputation and standing.

In addition to investing in scale the Company widened its product basket to addressexisting and emerging customer needs. The idea was to allow DIL Limited through itssubsidiary Fermenta address diverse applications through its principal product therebymitigating our business risks and strengthening viability across markets cycles.

Brand for dependability

The result of our commitment was that DIL Limited is respected as not just a providerof dependable products manufactured in a safe and globally accredited way but also as astrategic partner that takes the business of its customers ahead. This is our brand thisis the image that we evoke and this is the recall that we expect to sustain and build uponfor years to come.

Sanjay Buch
Chairman DIL Limited