CHAIRMAN & MANAGING DIRECTOR'S MESSAGE
Dear Shareholders,
Our journey hasn't been without any challenges as we have faced setbacks, learned hard
lessons, and made tough decisions. But through it all, our team's resilience and your
unwavering support have been our guiding lights in serving the farming community.
During the year, the impact of the overall economic slowdown has affected equally both
the industry and the vendors.
The Company, despite this, has witnessed remarkable growth which is due to strong
operations capacities and pre-emptive steps taken by the Company.
But, the Company's growth has been significantly undermined due to other factors like
uneven spatial distribution of rainfall and unpredictable price fluctuations, etc. which
further impacted demand. This paradox in the fertilizer business is reflected in Rama's
results this year. However, it is worth mentioning here that the excellent team work with
quick reflexes on possible reaction lifted the morale and helped to wade the difficult
waters which otherwise would have caused more impact on the results.
Despite all these challenges and the initial hiccups we faced, we managed to maintain a
smooth continuity of operations at all plants. In this unsustainable and inflationary
environment, I am immensely proud of how we built our legacy by ensuring an uninterrupted
supply of our quality products by meeting the demands of our farming community.
Rama's management team has been the biggest strength in driving this performance, and
we are proud that we have nurtured a strong, determined, and dedicated team which
continues to invest its energy in ensuring that your Company continues to create long-term
value for all stakeholde Rs. Our belief is that sustainable enterprises are characterized
by their ability to face extraordinary challenges with resilience, while remaining loyal
to innovation and the environment.
Year in Review
We proudly delivered our commitment to our farming community despite challenging
conditions. I'm delighted to say that we succeeded in delivering excellent numbers and
improving our sustainability practices.
Also, our fertilizer brands, both "GIRNAR" and "SURYAPHOOL," have a
wider acceptance in the market and continue to cater to the growing needs of our farming
community.
We are the FIRST COMPANY IN INDIA to introduce "Sampurn with H-Mg" and the
year under review we have also introduced a new innovative product, "UroSuper" a
pioneering combination of Urea and SSP for serving the farming community.
Furthermore, the momentum of progress in our new green field SSP fertilizer plant set
up in Dhule District is increasing and that trial dry run of the plant is expected to be
conducted by the end of FY 2025-26 in phased manner to cater to the growing demand in
Western India region..
My Sincere Gratitude
We will continue to drive innovation, invention and look at customer-centric in a big
way as we move forward and create strong acceleration in the market.
We will continue investing in our people who are committed to their continuous learning
and growth in these challenging times.
Our vision of "single-basket with multi-products" is well entrenched in the
system, and I am confident that our team is full of vigor to achieve new path-breaking
goals.
In the continuation of our journey of sustainable value creation, I deeply appreciate
the insight, engagement, and support of our Board of Directors, as well as the trust and
confidence of our stakeholders.
You have my assurance that we will continue to deliver, as we always have, to our
farming community for Building Trust Together
Warm regards,
Haresh Ramsinghani
Chairman & Managing Director