Key Highlights

Value Model

Key Developments

1

Achieved highest-ever PAT, despite demand challenges, by prioritising value over volume, emphasising premiumisation, optimising geo mix, strengthening our brand, and optimising costs.

2

Reduced net debt by 384 crores YoY to 4,030 crores successfully, resulting in an improved net debt-to-EBITDA ratio of 2.4x.

3

Implemented Project BRIDGE 1.0, a strategic initiative, leading to a reduction in operating costs by 30/ton.

4

Expanded our product portfolio by introducing Duraguard F2F premium composite cement in West Bengal & Jharkhand and extending Concreto Uno premium cement in Jharkhand.

5

Launched impactful marketing campaigns such as ‘Seedhi Baat Hai, Duraguard Khaas Hai’, ‘Concreto - Naam hi Kaafi Hai’, and ‘Sabse Khaas Sarpanch’ to elevate our brand equity. Additionally, rolled out a new cement packaging design highlighting the mother brand Nuvoco in the front.

6

Expanded our ready-mix concrete footprint by commissioning 7 new plants, bringing our total to 58 plants.

7

Strengthened our production capabilities by commissioning a 1.2 MMTPA grinding unit at Haryana, increasing our total cement capacity to 25 MMTPA.

8

Demonstrated our commitment to sustainability by reducing carbon emissions to 457 kg CO2/tonne of cementitious materials, achieving one of the lowest rates in the industry.

Financial Capital

10,733 crores

Revenue from operations

1,657 crores

EBITDA

147 crores

PAT

10,946.84 crores

Market Capitalisation on BSE

Manufacturing Capital

75.3%

Average capacity utilisation of cement plants

25 MMTPA

Total cement manufacturing capacity

11

Cement plants across 7 states

58

Ready-Mix Concrete (“RMX”) plants

Intellectual Capital

CDIC

Innovation centre

2

Patents

Natural Capital

457 kg CO2

Emissions per tonne of cementitious materials

16 RMX Plants

GreenPro Certified by the Indian Green Building Council (IGBC-CII) for producing Ecodure products (Green Concrete)

5.3 MWp

Solar power plant capacity

711.2 Kcal/Kg Clinker

Specific Heat Consumption

150 MW

Captive Power Plant (‘CPP’) power generation capacity

1.8X

Water Positive Index

13%

Alternate Fuel Rate (AFR)

Human Capital

4,092

Workforce strength

1,16,772

Hours of training and skill development

81%

NuView Employee Satisfaction Score (Third party verified by Kincetric)

Social and Relationship Capital

1,11,000+

Lives impacted

3.78 crores

CSR expenditure

75%

Customer Satisfaction Score