Our value creation process and framework are driven by active consideration of all the resources (six capitals) and relationships (stakeholders). We are cognisant of the importance of understanding their interconnectedness and interdependencies for sustained long-term and inclusive value creation. Such value creation extends beyond the Company’s financial capital and its shareholders, debenture and other security holders, and encompasses a holistic cogitation of all our resources, relationships, material issues and strategic priorities. This integrated thinking approach facilitates us in working continually towards our mission to “Enhance stakeholder value through exploration, innovation, operational excellence, safety and sustainability”. It leads to integrated decision-making and actions for propelling business success, while creating shared value for all stakeholders in a safer and more sustainable environment.
Be the world’s largest and most admired Zinc-Lead & Silver Company.
We have embedded the Environment, Social and Governance (ESG) ethos into our business model.
Our people are our most important assets. We actively encourage their development and support them in pursuing their goals
Our primary focus is delivering value of the highest standard to our stakeholders. We are constantly motivated to improve our costs and quality of production in each of our businesses through a culture of best practice benchmarking
We actively foster a culture of mutual trust in our interactions with our stakeholders and encourage an open dialogue that ensures mutual respect
We embrace a conducive environment for encouraging innovation that leads to a zero harm environment and exemplifying optimal utilisation of natural resources, improved efficiencies and recoveries of by-products
We place utmost importance on engaging ethically and transparently with all our stakeholders, taking accountability for our actions to maintain the highest standards of professionalism and complying with international policies and procedures
We lay consistent emphasis on human rights, respect the principle of free, prior, informed consent, while our engagements with stakeholders allow local communities to voice their opinions and concerns
As we continue to grow, we are committed to the triple bottom line of ‘People’, ‘Planet’ and ‘Prosperity’ to create a sustainable future in a zero-harm environment for our communities
Fully integrated and responsible metals and mining company.
Operations driven by a strong sustainability ethos, and supported by a robust governance framework.
Steered by technology and innovation, and powered by strong people practices.
Our integrated thinking approach empowers us to make the right strategic choices at the right time. It enables us to pursue strategic priorities and consistently invest in boosting capitals, stakeholder relations and ESG impact. This drives value creation, alongside amplifying the positive outcomes and mitigating the adverse effects of our business model.
Maintaining a portfolio of mines with long life
Expansion of capacities
Strengthening cost leadership
Expansion of product portfolio through customer-centricity
Progressing towards a sustainable future
We closely monitor the various external developments and accordingly align our strategy and business model.
Our value delivery hinges on robust relationships with stakeholders.
We identify material risks and related opportunities by assessing our external environment, stakeholder relationships and resource requirements.
We consider all the above-mentioned external factors to identify the material matters that can impact our value creation.
We map our value creation outcomes across the key benchmarks of our capitals, stakeholder communities and the ESG metrics.
Financial Capital
Manufactured Capital
Intellectual Capital
Human Capital
Social & Relationship Capital
Natural Capital
Stakeholders play a critical role in implementing strategy and executing business operations. They are also impacted by our operations. Given this symbiotic relationship, we remain focussed on augmenting value for them.
We are committed to delivering a positive impact on society, through sustained progress on our ESG goals, aligned with the United Nations Sustainable Development Goals (UN SDGs) to enable more holistic and sustainable outcomes.
The outcomes of our integrated approach are measured in the form of the value we create, sustain and deliver to our stakeholders. During FY 2023-24, we posted remarkable growth across all the key metrics of the six capitals.
Value Created
Gross income (including GST) (₹ 39,079 crore)
Value Retained
Retained earnings (₹ 1,733 crore)
Returns to shareholders
Dividend (₹ 31,901 crore)
Market capitalisation (₹ 123,971 crore)
CSR contribution (₹ 276 crore)
CSR beneficiaries (1.72+ mn)
villages benefitted through CSR interventions (237 villages)
water positive index (2.41x)
waste recycled (6.54 mn MT)
renewable energy generated (2.53 MGJ)
water recycled (18.40 mn m3 )
*Also includes villages benefitted through Nandghar initiative in FY 2023-24
taxes (₹ 13,491 crore)
employment created (11,448)
different product offerings (13)
value-added products (15.5%)
* Gross contribution to exchequer ₹ 13,195 crore including dividend of ₹ 1,622 crore to GoI
procurements (₹ 10,515 crore)
local procurement (56%)
* Spend on local suppliers includes procurement spending in Rajasthan and Uttarakhand
in wages and benefit (₹ 845 crore)
women representation (19.5%)
of learning and development (116,109 hours)
LTIFR (0.70)
Fatality (7)
Value created
Value eroded
Value preserved
Figures in brackets are for FY 2022-23
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