Dear Shareholders
Despite this year being quite challenging due to the continuation ofthe COVID-19 pandemic I'm proud to announce that we as an organization have achieved anall-time record performance. Even in this uncertain environment our focus has remained onoperational excellence by meeting the evolving demand of our farming community ensuringuninterrupted supply of our quality products sustainability for the environment and ofcourse health and safety of our people.
The continued crisis emerged as an opportunity to think with a newperspective re-energize refocus and become better than before. It has inspired each oneof us to think out-of-the box and shift perspective in line with changing realities. Ibelieve that our true strength in these difficult times lies in strategicallyrestructuring work systems and processes focusing on innovation as well as continuousevolution and being adaptable and nimble.
Year in Review
Even with this challenging landscape we're proud our passion ofcommitment towards our farming community has unwaivered and we achieved our all-time bestperformance and we have emerged stronger than before. This past year we stayed committedto our goal of operational excellence - ensuring that all our margins improved. I'm proudto say that we succeeded in delivering excellent numbers and improved our sustainabilitypractices. Also our fertilizer brands both "GIRNAR" and "SURYAPHOOL"have a wider acceptance in the market and continue to cater to the growing needs of ourfarming community.
We focused on driving excellence and cost optimization during our newproject executions.
We acquired an operational SSP fertilizer unit in Nimbahera (Rajasthan)on long term lease which is bordering the state of Madhya Pradesh. With this our overallinstalled capacity stands at 6.98 Lac MT. Simultaneously a new green field SSP fertilizerPlant is being to be set up at Dhule District and is expected to be on stream by March2023 to cater to the growing demand in a phased manner.
Our Chemical Division also witnessed a capacity addition withcommissioning of our new Sulphuric Acid Plant at Indore during the last quarter.Furthermore recently we have commissioned a Solar Power Generation at our Udaipur Plant(Rajasthan) as an initiative towards environmental care and green energy.
My Sincere Gratitude
I take immense pride in the flexibility and commitment of ouremployees which made all these accomplishments possible.
Their relentless efforts and rapid execution on the ground showed teamwork with courage under challenging times. My heartfelt congratulations go to our entireRAMA family who rose to the occasion by joining hands together to achieve this teameffort. Our vision of "single-basket with multi-products" is well entrenched inthe system and am confident that our team is full of vigor to achieve new path breakinggoals.
Most importantly I would like to thank you our shareholders
Board of Directors and our esteemed customers for your overwhelmingtrust support and confidence in our company.
Warm regards
Haresh Ramsinghani
Chairman & Managing Director
