Jubilant Pharmova : Annual Report 2021-22

Jubilant Pharmova Limited

Annual Report 2021-22

Leading

across global markets

People

Manufacturing

R&D

Business Excellence Supply Chain

Jubilant Pharmova Limited

Contents

Board of Directors	02
Senior Leadership Team	03
Chairmen's Message	04
Management Discussion and Analysis	08
Directors' Report	62
Report on Corporate Governance	84
Business Responsibility Report	112
Financial Statements	125
Independent Auditor's Report
Balance Sheet	132
Statement of Profit and Loss	133
Statement of Changes in Equity	134
Statement of Cash Flows	136
Notes to the financial statements	138
Independent Auditor's Report	190
Consolidated Balance Sheet	198
Consolidated Statement of Profit and Loss	200
Consolidated Statement of Changes in Equity	202
Consolidated Statement of Cash Flows	204
Notes to the consolidated financial statements	206
Corporate Information	282

Board of Directors

Annual Report 2021-22

Board of Directors

Shyam S. Bhartia	Hari S. Bhartia
Chairman	Co-Chairman and Managing Director

S. Sridhar	Sudha Pillai	Dr. Ashok Misra	Sushil Kumar Roongta
Independent Director	Independent Director	Independent Director	Independent Director

Vivek Mehra	Arun Seth	Priyavrat Bhartia	Arjun Shanker Bhartia
Independent Director	Independent Director	Director	Director

Arvind Chokhany	R. Kumar
Group Chief Financial Officer	Whole-time Director
and Whole-time Director

2

Jubilant Pharmova Limited

SeniorLeadership Team

Shyam S. Bhartia	Hari S. Bhartia
Chairman	Co-Chairman and Managing Director
42 years of industry experience in pharma,	36 years of industry experience in pharma, specialty
specialty chemicals, foods, oil and gas,	chemicals, foods, oil and gas, aerospace and IT
aerospace and IT

Arvind Chokhany	Rohini Seth
Group Chief Financial Officer and	Chief Human
Whole-time Director	Resources Officer
26 years of industry experience	27 years of industry experience

Pramod Yadav	Dr. Syed Kazmi	Giuliano Perfetti
CEO -	President & CEO -	CEO - CRDMO
Jubilant Pharma	Jubilant Therapeutics Inc.	(Jubilant Biosys Limited and APIs & CDMO)
35 years of industry experience	29 years of industry experience	22 years of industry experience

3