Financial-Capital

At Crompton, our prudent capital allocation and strategic financial decisions have accelerated our growth trajectory. We consistently endeavour to maintain a strong liquidity position, healthy balance sheet and steady free cashflow. Stringent cost efficiency measures and diligent focus on deleveraging our balance sheet have helped us stay on track and deliver consistent value to stakeholders.

Net Worth

Revenue

Market capitalisation

EBIDTA

EBIDTA margin

PBT

PAT

Dividend per share

Basic EPS

ROCE

ROE

Net fixed asset

Book value per share

CSR expenditure

Project Unnati

The powerful and aggressive cost improvement programme, ‘Project Unnati’ was launched to identify new cost-saving opportunities. This flagship programme has successfully enabled us to continuously benchmark ourselves against best industry practices and emerging technologies in terms of material and process cost over the last five years. The programme continues to entail cost savings in a variety of areas, resulting in more efficient operations and better-quality assurance. To reduce operational costs, we have implemented several initiatives as a part of this project. The cost-saving programme has helped us secure market competitive product pricing, while mitigating fluctuating commodity costs.

₹248 Crore

Cost saving in F.Y. 2022-23

Broad themes of UNNATI project are as follows

Buying Strategies

  • Alternate vendor development
  • Cost sheet-based negotiation
  • Bundling of materials
  • Bundling of geographies
  • Low-cost country sourcing
  • Consortium based purchase
  • Reverse auction/ E-Auction
  • Commodity index-based purchase

Commercial Terms

  • Price equalization
  • Discounts based on Annual contracts
  • Credit/ Tax benefit pass back
  • Payment terms and duration optimization
  • Tax efficient procurement
  • Share of business between vendors
  • Hedging to counter volatility
  • Centralized sourcing for suppliers

Process Improvements

  • Increased utilization of purchased items
  • Rationalization of under-utilized items
  • Proactive demand management
  • Material order lot planning
  • Compliance to policy and regulations
  • Plant process norms optimization
  • Transparency through central consolidation

Technical Modifications

  • Standardization of SKUs
  • Change of specifications
  • Change of material of construction
  • Move to better alternate products
  • In-house vs Outsource
  • Equipment efficiency measures
  • Network flow optimization
  • Market based material re-engineering

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