

Catalysed by Purpose
fostering a spirit
of continuous
learning and
innovation
adopting
developments
in science and
technology
providing high
quality products
and services, thus
becoming the
most preferred
partner
ØĚ îƑĚ ČūŞŞĿƥƥĚē
ƥū ƙĿijŠĿǛČîŠƥŕNj
ĚŠĺîŠČĿŠij DŽîŕƭĚ ljūƑ
ūƭƑ ƙƥîŒĚĺūŕēĚƑƙ ċNjȠ
taking responsible
care of the
surrounding
environment
improving the
quality of life of
the communities
we operate in
seeking sustained,
dynamic growth
and securing
long-term success
having people who
practise Values
and exemplify a
high standard of
behaviour
¹ĺĚ ŕĚijîČNj ūlj ūƭƑ GūƭŠēĚƑ
ĺîƙ ċĚĚŠ ƙNjŠūŠNjŞūƭƙ DžĿƥĺ
ƥĺƑĚĚ ƥĚƑŞƙȠ ĚNJČĚŕŕĚŠČĚȡ
ƎĚƑƙĚDŽĚƑîŠČĚ îŠē ƥƑƭƙƥĚĚƙĺĿƎȦ
ƥ ƥƭŕȡ DžĚ ĺîDŽĚ ƥĺĚ Şūƙƥ
ūŠĚƑūƭƙ ƑĚƙƎūŠƙĿċĿŕĿƥNj ƥū
ĚNJƎîŠē îŠē ēĿDŽĚƑƙĿljNj ūƭƑ
ljūūƥƎƑĿŠƥ îŠē ljūŕŕūDž ĺĿƙ
ǛijƭƑîƥĿDŽĚ ljūūƥƙƥĚƎƙȦ ØĚ îƑĚ
ĚŠēĚîDŽūƭƑĿŠij ƥū îČĺĿĚDŽĚ ƥĺĿƙ
ƑĚŞĿƥ ĿŠ ljƭŕŕ ŞĚîƙƭƑĚȦ
Š ĚČūŠūŞĿƙƥȡ îŕDžîŠƥƑîĿ
qîǕƭŞēîƑ Džîƙ î DŽūƑîČĿūƭƙ
ƑĚîēĚƑȡ ƙūƭŠē ƥĺĿŠŒĚƑȡ ƎîƥĿĚŠƥ
ŕĿƙƥĚŠĚƑ îŠē î ljîƑƙĿijĺƥĚē
ƎƑūljĚƙƙĿūŠîŕȦ OĚ ČƑĚîƥĚē îŠ
îƥŞūƙƎĺĚƑĚ ūlj ČîŞîƑîēĚƑĿĚ
ƥĺîƥ ċƑūƭijĺƥ ūƭƥ ƥĺĚ ČūŕŕĚČƥĿDŽĚ
ċĚƙƥ ūlj ƥĺĚ ƎĚūƎŕĚ ūlj ƥƭŕȦ OĚ
Džîƙ ƥĺĚ ŞūDŽĿŠij ljūƑČĚ ċĚĺĿŠē
ŞîŒĿŠij ƥƭŕ ūŞƎŕĚNJ ūŠĚ
ūlj ƥĺĚ ŕîƑijĚƙƥ ĚČūȹljƑĿĚŠēŕNj
ČĺĚŞĿČîŕ ƙĿƥĚƙ ūlj Ŀƥƙ ŒĿŠē ĿŠ ƥĺĚ
DžūƑŕēȦ OĚ ƑĚŞîĿŠĚē DžĿƥĺ ƥĺĚ
HƑūƭƎ ƥĿŕŕ ƥĺĚ ĚŠē ūlj ĺĿƙ ŕĿljĚȡ îƙ
ēĿē Şūƙƥ ūlj ƥĺĚ ƎĚūƎŕĚ Džĺū
DžūƑŒĚē DžĿƥĺ ūƭƑ GūƭŠēĚƑȦ
ČĺĚŞĿČîŕ ĚŠijĿŠĚĚƑ îŠē
ƥĺĚ ĚŕēĚƑ ƙūŠ ūlj ūƭƑ GūƭŠēĚƑȡ
¬ĿēēĺîƑƥĺ gîŕċĺîĿ ēĚēĿČîƥĚē ĺĿƙ
ŕĿljĚ ƥū ƥĺĚ ēĚDŽĚŕūƎŞĚŠƥ ūlj ƥƭŕȦ
OĚ îČČūƑēĚē ĚƐƭîŕ DŽîŕƭĚ ƥū
ČƑĚîƥĿūŠ ūlj DžĚîŕƥĺ îŠē ƙĚƑDŽĿČĚ
ƥū ƙūČĿĚƥNjȦ ¹ĺĚ ƎƑĿŠČĿƎŕĚƙ ūlj
ƥƑƭƙƥĚĚƙĺĿƎ ƥĺîƥ ĺĚ ƭƎĺĚŕēȡ ƥĺĚ
ƎĚƑƙūŠîŕ ƐƭîŕĿƥĿĚƙ ūlj ĿŠƥĚijƑĿƥNjȡ
ƎĚƑƙĚDŽĚƑîŠČĚ îŠē ƙĿŞƎŕĿČĿƥNj
ƥĺîƥ ĺĚ ŕĿDŽĚē ċNj îŠē ƥĺĚ
ƙĿŠijŕĚȹŞĿŠēĚē ēĚDŽūƥĿūŠ ƥĺîƥ
ĺĚ ijîDŽĚ ƥū ƥîƙŒƙ ūŠ ĺîŠē DžĿŕŕ
îŕDžîNjƙ ƑĚŞîĿŠ ūƭƑ ijƭĿēĿŠij
ljūƑČĚȦ
Kasturbhai
Lalbhai
(1894 – 1980)
Balwantrai
Mazumdar
(1902 – 1981)
Siddharth
Lalbhai
(1923 – 1998)
Corporate Overview 01-22
Statutory Reports 23-105 Financial Statements 107-250
Ǭ
ƥƭŕ gƥē ʈ ŠŠƭîŕ ¤ĚƎūƑƥ ǨǦǧǮȹǧǯ