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Corporate Governance

bulletCorporate Governancebullet

At Surya Pharmaceutical we firmly believe in the importance of pursuing the highest standards in best practices towards good corporate governance. Our policies and procedures exemplify our core values in utmost transparency, professionalism and accountability across all functions of our organization. The company has, and will, continually endeavor to improve corporate practices, methodologies, and procedures to ensure that longer term value is realized for all stakeholders of our organization. We aim to consistently offer our shareholders, customers, employees, vendors and the larger community mutually beneficial value through transparency in our associations, quality in our products and services, and integrity in our relationships.

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Our Corporate Governance philosophy is driven by the following principles:

  • To fulfill and comply by the spirit of law and further pursue initiatives that determine paramount value to all associated with our organization
  • To ensure transparency and openness about all facets of our operations, at all times.
  • To be driven by integrity and core values and co-operate at all times in providing a clear and true image of our organization
  • To understand and comply with the written and unwritten laws of all companies in which we operate
  • To ensure that our corporate structure fosters clear communication channels and lines of command at all times
  • To continually enhance shareholder value at all times
  • To endeavor to do the best we can to ensure and improve the preservation of communities and the environment.

bulletFinancial Informationbullet

  Rs. in Crores  
  PARTICULARS 2004 2005 2006 2007 2008 2009 2010  
    Audited Audited Audited Audited Audited Audited Audited  
  Gross Sales 173.14 181.22 257.70 304.31 512.97 751.53 1157.53  
  Total Cost of Sales 139.46 137.76 189.94 229.05 389.40 593.14 944.93  
  Operating Profit Before Interest 18.36 24.92 41.04 45.74 77.77 104.27 145.38  
  Interest 9.63 11.70 19.96 16.33 26.06 41.15 62.36  
  Profit Before Tax 8.74 12.94 27.05 30.05 56.18 64.10 90.46  
  Provisions For Taxes 1.89 4.32 4.99 5.82 14.46 10.75 15.21  
  Net Profit/Loss 6.02 8.39 22.06 24.23 41.72 53.35 75.25  
  Net Worth