Economic Value Creation

Strong economic performance is essential for us to operate a business model that is viable in the long term. It not only makes it possible to operate a profitable business, but also enables us to satisfy the expectations of our stakeholders and to be accountable for our shareholders’ growth.

We focus on managing our financial capital prudently to drive sustained economic value generation. Despite the challenges posed by the pandemic, our strong balance sheet, cash flow from operations and access to funding options, including debt and equity financing, have enabled us to explore growth opportunities in an evolving operating environment. Moving forward, we aim to achieve at least a 20% return on capital employed (ROCE) in our business ventures and a minimum market share of 30% in the product markets that we enter.

The Company’s economic

The Company’s economic value retained of 327 Crores is the direct economic value generated of 8,313 Crores by the activities of our business and employees, less economic value distributed of 7,985 Crores to stakeholders through operating costs, employee wages, and benefits, payments to providers of capital, payments to governments and community investments.

Adjusted ROCE