Date: June 30, 2026
Company Overview
Anthem Biosciences Limited (CIN: L24233KA2006PLC039703) is a contract research, development and manufacturing services company incorporated in 2006 with registered office at No. 49, F1 & F2, Canara Bank Road, Bommasandra Industrial Area, Phase 1, Bommasandra, Bangalore, Karnataka, India, 560 099. The company reported paid-up capital of Rs. 1123.43 Mn and turnover of Rs. 20,893.12 Mn for FY 2025-26.
Business Activities
The company's main activity is contract research, development and manufacturing services (NIC Code 72 - Scientific Research and Development), accounting for 100% of turnover. The customer base comprises mid-sized and large biotechnology companies, including virtual biotechnology companies.
Operational Presence
The company operates 3 manufacturing plants in India (national) with no international operations. It serves markets across 25 Indian states and 50 international countries, with exports contributing 85% of revenue from operations for FY 2026.
Employee Statistics (Consolidated Basis)
Total Workforce:
- Permanent Employees: 2,282 (Male: 1,909, Female: 373)
- Other than Permanent Workers: 1,020 (Male: 945, Female: 75)
- Differently Abled Employees: 2 (Male: 1, Female: 1)
Gender Representation:
- Board of Directors: 12.50% women (1 out of 8 directors)
- Key Management Personnel: 20% women (1 out of 5 KMPs)
Turnover Rates:
- Permanent Employees: 10.86% (Male: 8.88%, Female: 1.98%)
- Shows improving trend from FY 2024-25 (12.04%) and FY 2023-24 (17.06%)
Financial Performance
- Turnover: Rs. 20,893.12 Mn (as per standalone financial statements)
- Net Worth: Rs. 30,768.08 Mn
- CSR Applicable: Yes (under Section 135 of Companies Act, 2013)
Material ESG Issues Identified
The company identified 12 material issues with risk/opportunity assessment:
1. Energy Management, Climate Change and GHG Emissions (R/O)
- Approach: Renewable energy PPAs, Building Management System, fuel conversion to PNG
- Financial: Negative implications from compliance costs, positive from cost savings
2. Economic Performance (R/O)
- Approach: Revenue diversification, geographic expansion, SAP S/4 HANA implementation
3. Waste Management (R)
- Approach: Green chemistry processes, authorized waste disposal, e-manifest system
4. Water Management (R/O)
- Approach: Zero Liquid Discharge at all locations, third-party water sourcing
5. Occupational Health and Safety (R)
- Approach: ISO 45001:2018 alignment, hazard identification, zero LTIFR maintained
6. Technology Innovation (R/O)
- Approach: R&D investment, continuous flow manufacturing, oligonucleotide facilities
7. Anti-Corruption (R)
- Approach: Anti-bribery policy, vigil mechanism, code of conduct
8. IT Systems and Cyber Security (R)
- Approach: SAP S/4 HANA implementation, cloud-based QMS
9. Regulatory Compliance (R)
- Approach: Multi-jurisdictional approvals, ISO certifications, compliance reviews
10. Talent, Labour & Succession Planning (R/O)
- Approach: Structured training, succession planning framework
11. Geopolitical and Supply Chain Resilience (R)
- Approach: Multi-facility operations, SAP supply chain visibility
12. Fraud Control & Governance (R)
- Approach: Board committees, automated controls, whistleblower policy
Governance Structure
ESG and Climate Change Committee:
- Ajay Bhardwaj (Chairman) - Chairman, Managing Director and CEO
- Shubha Kulkarni (Member) - Non-Executive Independent Director
- S Madhavan (Member) - Non-Executive Independent Director
- Gawir Baig (Member) - Chief Financial Officer
- Nitin Gopal (Member) - Deputy General Manager - EHS
Policy Framework:
The company has policies covering all 9 NGRBC principles, approved by the Board and translated into procedures. Policies include Anti-Bribery & Anti-Corruption, Human Rights, ESG and Climate Change, POSH, and others available on company website.
Environmental Performance
Energy Consumption (FY 2025-26):
- Renewable Sources: 230,595.10 GJ (95% of total)
- Non-Renewable Sources: 203,202.87 GJ
- Total Energy: 433,797.95 GJ
- Energy Intensity: 20.42 GJ/Rs. Million turnover
Water Management:
- Total Water Withdrawal: 204,144.52 KL
- Primary Source: Third-party treated supply (KIADB) - 200,312.40 KL
- Groundwater: 3,832.12 KL
- Water Intensity: 9.61 KL/Rs. Million turnover
- Zero Liquid Discharge implemented at all 3 manufacturing locations
GHG Emissions:
- Scope 1 + Scope 2 Emissions: 19,609.77 MT CO2e
- Emission Intensity: 0.94 MT CO2e/Rs. Million turnover
Waste Management:
- Total Waste Generated: 10,230.49 MT
- Hazardous Waste: 9,942.66 MT
- Waste Recycled/Recovered: 6,330.48 MT
- Waste Disposed: 3,708.49 MT (Incineration: 650.72 MT, Landfilling: 3,057.77 MT)
Social Performance
Training and Development:
- 21.91% employees received job-specific functional training
- 35.41% employees received EHS training
- 100% employees and workers covered under human rights training
Health and Safety:
- Zero Lost Time Injury Frequency Rate (LTIFR)
- Zero fatalities, zero recordable injuries
- ISO 45001:2018 certification across all sites
Compensation:
- Gross wages to females: 11.94% of total wages
- Median remuneration: Board Directors ₹6.55 Cr, KMPs ₹2.5 Cr (male), ₹33 lakh (female)
CSR Initiatives:
- Technology Incubation: Nature's Machine lab at Plaksha University
- Education and Skill Development: Anthem Academy (150+ students capacity)
- Women Empowerment and Tribal Development
- Healthcare and Nutrition programs
- Environmental Sustainability: 2,000+ saplings planted
- Support for Differently Abled: Partnership with Mitti Cafe
Assurance and Compliance
The report includes Limited Assurance Statement from Vinay and Keshava LLP (Firm Reg No.: 005586S/S-200008) on BRSR Core indicators. The assurance engagement was conducted in accordance with SSAE 3000 and SAE 3410 standards.
Complaints and Grievances
Zero complaints received across all stakeholder categories:
- Communities: 0 filed, 0 pending
- Investors: 0 filed, 0 pending
- Shareholders: 0 filed, 0 pending
- Employees and Workers: 0 filed, 0 pending
- Customers: 0 filed, 0 pending
- Value Chain Partners: 0 filed, 0 pending