Dear Shareholders,
We are delighted to present the maiden Annual Report of Entero Healthcare Solutions
Limited.
FY 2023-24 has been a remarkable year, marked by our successful transition to a
publicly listed company. Your trust and confidence in our vision have been instrumental in
achieving this milestone, and we are profoundly grateful.
The Indian pharmaceutical distribution market is steadily shifting from traditional
distributors to large, national distributors, driven by market consolidation and the
demand for a reliable supply chain. Digitalisation, mergers, and acquisitions are
consolidating the sector, as larger players acquire smaller distributors to expand reach
and enhance efficiency. Technological advancements, such as artificial intelligence and
data analytics, are transforming pharmaceutical distribution by enabling faster
deliveries, reducing logistical barriers, and further improving operational efficiency.
Established in 2018 with a clear vision to build an organised, pan-India,
technology-driven, and integrated healthcare products distribution platform, Entero is one
of India's foremost healthcare product distributors that delivers value across the
healthcare ecosystem. We boast of a pan-India network that effectively serves retail
pharmacies, hospitals, and clinics.
Our commitment to corporate governance, strategic direction, and sustainable practices
remains unwavering, guided by our Board and Committees' dynamic leadership. We aim to
generate long-term value for all the stakeholders. Our excellence in stakeholder
relationship management, combined with a strong commitment to our environmental and social
responsibilities, forms the bedrock of our governance framework. We provide broad guidance
to the executive team to finalise our long-term goals, ensuring alignment with our vision
and mission. Our strategic initiatives are designed to foster sustainable growth,
innovation, and resilience in an ever- evolving landscape.
Environmental, Social, and Governance (ESG) principles are integral to our operations
and strategy. We are committed to setting and achieving aspirational goals that enhance
our environmental and social impact. Our focus on sustainability, ethical practices, and
community engagement is reflected in our holistic initiatives, ensuring that we contribute
positively to society and the environment.
Thank you to our stakeholders for your continued trust and support.
Warm Regards,
Sujesh Vasudevan
Chairman and Non-Executive Independent Director