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Procter & Gamble Health Ltd.

BSE: 500126 Sector: Health care
NSE: PGHL ISIN Code: INE199A01012
BSE 00:00 | 19 Feb 4224.00 -16.70
(-0.39%)
OPEN

4270.00

HIGH

4270.00

LOW

4210.00

NSE 00:00 | 19 Feb 4221.05 -16.50
(-0.39%)
OPEN

4267.00

HIGH

4269.35

LOW

4202.60

OPEN 4270.00
PREVIOUS CLOSE 4240.70
VOLUME 442
52-Week high 5120.80
52-Week low 2866.25
P/E 44.17
Mkt Cap.(Rs cr) 7,012
Buy Price 4224.00
Buy Qty 4.00
Sell Price 4224.90
Sell Qty 2.00
OPEN 4270.00
CLOSE 4240.70
VOLUME 442
52-Week high 5120.80
52-Week low 2866.25
P/E 44.17
Mkt Cap.(Rs cr) 7,012
Buy Price 4224.00
Buy Qty 4.00
Sell Price 4224.90
Sell Qty 2.00

Procter & Gamble Health Ltd. (PGHL) - Chairman Speech

Company chairman speech

Dear Shareholders

On behalf of the Board of Directors and the Merck team my sincere gratitude to you forthe continued support and confidence that you have bestowed on us. We completed the yearabove plan while overcoming intense competitive forces and the biggest tax reform in thecountry. Your company weathered the GST transition in the most efficient manner withoutany business interruption thanks to the meticulous planning and execution by our team.

In 2017 we implemented an integrated Healthcare model and successfully consumerisedseveral of our brands. As a result the Consumer Health business has become one of thelargest VMS players in India with flagship brands such as Neurobion Nasivion and Eviongrowing twice the category growth.

The Cardio Metabolic Care business continued to deliver above market performance in ahighly competitive and genericised market with the flagship brand Concor growing seventimes faster than the covered market.

In our Pigments business India's top car manufacturers have chosen our premiumpigments Meoxal and Xirallic as a preferred coating material for some of their popularmodels thereby driving our prospects even higher in the automobile industry.

The Healthcare business went aggressive with its digital outreach in the year – 28million consumers were reached through the #HelpingTrueHeroes campaign over 1.7 millionthrough Seven Seas Mother's Day 10 million through Nasivion's ManFlu campaign and 3.5million through Evion's digital initiatives.

Keeping up its safety record the Goa site won the state safety award once again in theyear. While the site faced some labour challenges the site management displayedexceptional dedication managing the dispute and ensuring that our patients and customersdid not get impacted by any supply shortages.

The steady performance of your company while facing intense competition as well asheadwinds from the new tax structure is a result of the commitment of our employees theloyalty of our customers and support of our partners in the supply chain networkincluding dealers distributors carrying and forwarding agents and suppliers. I thankour teams and partners across the country for their immense contribution and commitment tothe company. Your company has introduced many employee friendly policies and implementedseveral talent management programs. The new policies rewards & recognition programsand digitalisation of HR processes have contributed greatly to our strengths as anemployer and has earned us the Top Employer Certification once again for the year. As aresult our attrition rate is in the single digits well below industry averages and ouremployee engagement levels at an all time high. We are setting the benchmark in thecountry for the place to work in our industry.

Going forward the changing business environment will bring in both opportunities andchallenges. With our focus on the business performance and our people I am confident thatwe will continue to deliver great value to all our stakeholders.

As I step out of my role as the Managing Director I seek your continued support andguidance for the Board of Directors and the team at Merck Limited.

Thank you for the confidence you placed on me to lead this organization.

Jai Hind!

Sincerely Anand Nambiar

Managing Director