I am pleased to present before you the first annual report of the Company post ourpublic listing. The kind of trust the investors have shown in our business evident fromthe overwhelming response to our IPO is truly gratifying. This reinforces our confidenceand gives us motivation to move further with more rigour. FY 2018-19 has been anotherremarkable year for us as we continued to scale our business to greater heights
Neogen is a specialty chemical player. We have been operating in the niche areas ofbromine and lithium-based chemical compounds since 1991. For the last 28 years wemaintained unwavering focus on this segment establishing core competencies in itbuilding on research capabilities and expanding portfolio with newer compounds to stayahead of competition. With this I am happy to state that today the Company is amongst thefew globally to possess competencies that we have in these areas.
We have recently started to leverage our expertise and innovation capabilities toforward integrate and enter the areas of custom synthesis and contract manufacturing toprovide more value-added products and services to our customers.
We have also expanded our portfolio to 198 diverse products which are marketed tocustomers across multiple sectors in 27 countries. We have thus successfully created abusiness model to avoid sectorial and geographical risks. Our business has been built onsolid foundation and has stood the test of time by continuously showing growth in the 28years of existence.
Regarding our business approach we have always believed in the idea of working andgrowing together. Our business foundation is based on an enduring multidecaderelationships with all our stakeholders which we have nurtured on the fundamental guidingprinciples of honesty integrity and good governance.
For our customers we continue to stress on innovation and forward integration to beable to deliver on their evolving needs. For our business partners we have ensuredsustained and growing business. For our employees we have ensured a healthy workenvironment and career growth. For the communities we have invested inenvironment-friendly technologies and undertake various social programmes. Last but notthe least for our shareholders who have now become a part of Neogen family we arefocussed on delivering sustainable performance to maximise value creation and take themalong in our exciting growth journey ahead.
On behalf of the Board I welcome all our shareholders and thank them for their beliefin us. I also thank all other stakeholders for their unstinted support.
Mr. Haridas Kanani
Chairman and Managing