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01 INTEGRATED 73 STATUTORY 178 FINANCIAL
Integrated Annual Report 2021-22 REPORT REPORTS STATEMENTS
MD & CEO’s Message

Awards and Recognitions MD & CEO’s Message

Dear Shareholders,
I hope that you and your families are safe and we are planning to expand capacity. stakeholders including employees, value
and well. We have been through two Prebiotics and Formulations, developed chain partners and communities.
years of challenging times posed by the on a sustainable fermentation platform,
pandemic. The impact continues to be also improved its capacity utilisation. The Outlook
felt with supply chain disruptions and performance of our subsidiary Rallis was The Global economic outlook is cautiously
Our Chairman, Mr. N. Chandrasekaran, sharp increase in energy, logistics and affected by raw material supply constraints.
was conferred the Padma Bhushan, one other input costs. The collective efforts optimistic due to the headwinds of rising
inflation, supply chain disruptions and
of India's highest civilian awards, in the by the medical fraternity, governments Driving Resilient Growth – increased energy prices caused by geo-
field of Trade and Industry. and various organisations has enabled Green Chemistry politics. The Indian economy is expected
the return to normalcy even as we remain Resilience is key to the Company’s to remain one of the fastest growing
vigilant. As a result, FY 2021-22 witnessed sustenance and growth. Tata Chemicals economies in FY 2022-23.
faster than expected demand recovery. has adopted three principles of
Global and Indian economies recovered organisational resilience: Sustainability, Tata Chemicals is well positioned to
with the growth of 6.1% and 8.2% Agility and Responsibility. continue its growth journey in FY 2022-23.
respectively in FY 2021-22. Green Chemistry and Green applications
Sustainability is at the very core of will continue to be at the heart of our
At Tata Chemicals, we stepped up our resilience. In this regard, we are aligning growth. Soda Ash is expected to remain
efforts to make our businesses resilient. on a growth path in India and around
‘Product Innovator Awarded for ESG We were able to cushion the impact of our businesses along the core principles the world with increase in demand for
of the Year Award’ at Performance in of Green Chemistry. Our business
1 FICCI Chemicals and 2 the Manufacturing high energy prices and supply chain operations will comply with the solar glass and lithium carbonate. Green
Chemistry based specialty Silica and
bottlenecks and were able to meet the
Petrochemicals category at Dun & pent-up demand across geographies. As sustainability vectors of Climate Change Prebiotics will continue to draw
Awards 2021 Bradstreet Award a result, we delivered good performance, Actions, Circular Economy and Biodiversity. customer franchise. Specialty silica is
We have committed to reduce our carbon
with the Company achieving consolidated footprint as per the SBTi guidelines. Our an essential ingredient for the green
revenue of C 12,622 Crore, an increase of Carbon Capture and Utilization (CCU) labelling of tyres and Fermentation
24% over FY 2020-21, EBITDA of C 2,305 technology-based Prebiotics are replacing
'5-star Rated Mines' ‘Heritage Company of Crore, an increase of 54% over FY 2020-21. unit in UK is now fully operational. synthetic ingredients in food, feed and
certification to Aniali India’ and ‘Excellence in Our specialty product platforms of pharma sectors.
3 Limestone Mines at the 4 CSR’ Awards at FICCI’s Our Basic Chemistry portfolio, led by Soda Silica and Fermentation technology
are further examples of transition to
5th National Mineral India @75: Chemical Ash grew by 28% on the back of robust Green Chemistries. On behalf of our entire team, I want
conclave, by Shri Pralhad and Petrochemical demand recovery across geographies to thank all our shareholders for their
Joshi, Minister of Mines Industry Awards 2021 and application sectors especially solar There is a continued thrust to make the continued guidance and support on
glass, lithium carbonate and sustainable organisation agile, customer-centric, our exciting journey ahead as a
packaging. India emerged as one of the service-oriented and data-driven. focussed science-based green chemistry
Awarded in circular fastest growth markets globally and is This enables us to create safer and solutions enterprise.
Ranked amongst India’s economy and carbon expected to remain so in FY 2022-23. US resilient operations.
top 25 Most Innovative exports recovered well in FY 2021-22. Warm regards,
5 Companies in 2021 by 6 neutrality innovations Other key products, Sodium Bicarbonate Further, as a responsible organisation, we
th
Confederation of category at the 15 and Salt also witnessed stable demand. continue to work towards empowering R. Mukundan
Managing Director & CEO
International Quality
Indian Industry (CII) communities near our operations by
Innovation Awards 2021 The Specialty Products revenue grew creating livelihoods, promoting health,
by 45% in FY 2021-22. Specialty Silica, wellness and education, providing
developed on a proprietary technology, drinking water and social inclusion. We
gained significant customer traction ensured sustained engagement with all

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