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Phillips Carbon Black Ltd.

BSE: 506590 Sector: Industrials
NSE: PHILIPCARB ISIN Code: INE602A01023
BSE 00:00 | 27 Mar 61.45 -0.90
(-1.44%)
OPEN

64.60

HIGH

68.25

LOW

61.00

NSE 00:00 | 27 Mar 61.55 -0.60
(-0.97%)
OPEN

62.30

HIGH

68.25

LOW

61.00

OPEN 64.60
PREVIOUS CLOSE 62.35
VOLUME 41700
52-Week high 181.50
52-Week low 54.20
P/E 3.71
Mkt Cap.(Rs cr) 1,059
Buy Price 61.45
Buy Qty 98.00
Sell Price 63.50
Sell Qty 25.00
OPEN 64.60
CLOSE 62.35
VOLUME 41700
52-Week high 181.50
52-Week low 54.20
P/E 3.71
Mkt Cap.(Rs cr) 1,059
Buy Price 61.45
Buy Qty 98.00
Sell Price 63.50
Sell Qty 25.00

Phillips Carbon Black Ltd. (PHILIPCARB) - Chairman Speech

Company chairman speech

Differentiated thinking drives value creation

Dear Shareholders

India remains one of the most attractive economies of the world with stablegovernance focus on wide-ranging reforms and robust macro-economic fundamentals. A numberof factors such as steady government reforms ease of doing business infrastructurecreation and digital outreach have helped accelerate the country's growth trajectory.

Operating in a largely supportive economy we are positioned to grow significantly witha comprehensive portfolio that touches lives in different ways. We are expanding ourcapacities strengthening our supply chain network fortifying customer relationships andwidening our portfolio across rubber and specialty applications.

Our research and innovation is more than just a business strategy for us it sits atthe core of our DNA. It defines who we are and what is our roadmap for sustainable valuecreation. Our four in-house R&D units are recognised by the Department of Scientificand Industrial Research (DSIR). We commissioned a new state-of-the-art Research andDevelopment Centre at Palej Gujarat in FY 2018-19.

Our research and innovation focus touches all aspects of our operational canvas fromenhancing manufacturing processes adding new product features to introducing newofferings and application areas. Moreover we are planning to set up a research anddevelopment facility outside India which will develop innovative products.

We are fortifying our specialty black offerings to strengthen our exports footprint. Inall that we do our teams remain at the heart of our value-creation process. We areconstantly investing in the development of our teams to drive innovation. Besides we arebuilding a leadership pipeline to elevate the organisation to the next growth orbit.

Our Board has declared an interim dividend of 175% (? 3.50 per share) on the face valueof ? 2 per share for the financial year ended 31st March 2019. We are committed togenerate exceptional and enduring value for our customers shareholders employees and thecommunities where we operate.

As we look ahead I am confident that our industry leadership and investments positionus to deliver sustainable growth in step with a growing India.

Thank you for your continued encouragement and support.

Yours sincerely

Sanjiv Goenka