Mangalam Cement Limited

Climate Impact & Sustainability Data (2011-12, 2019-04 to 2020-03)

Reduced CO2 emissions by an equivalent of 22,700 MT by replacing fossil fuel based grid power with renewable wind energy.
Proactive water harvesting initiatives (22 lacs cubic metres of stored water).
Reclamation of 69.43 hectares of mined-out area.
Planted over 95,000 sampling (mainly fruit and jatropha plant).

Operating a DAV Public School (around 2,000 students).
Associated with I.T.I. Khairabad to promote employable skills.
Operating a well-equipped in-plant dispensary.
Provided financial assistance to local ‘Panchayat Samiti’ and for building a by-pass road.

Maintained a debt-free status as on 31st March 2012.
Credit rating reaffirmed to ‘CARE AA-’ for long-term facilities and ‘CARE A1 +’ for short-term facilities.
Adequate insurance cover taken for company properties.

Rising input costs (power and fuel, logistics).
Moderate demand and adverse external environment leading to plummeting realisations.
Limited geographic presence might impact growth.

Regulated escalating costs through optimum use of raw materials, process modernisation and proactive resource management.
Enhanced people skills through meaningful intervention and periodic training.
Increased product dispatches under higher levels of supervision.
Maintained an appropriate balance between retail and institutional sales, for improving realisations.
Long-term relationship with raw material suppliers.
Sufficient limestone reserves for existing and expanded operations; planning to acquire additional leases.

Multiple awards at the 2nd Mines Safety Week (2011-12)
Multiple awards at the 22nd Mines Environment and Mineral Conservation Week 2011-12

Commissioned 5.15 MW of an 11 MW Waste Heat Recovery (WHR) Power Plant; balance capacity expected to be operational by July 2020.
Planted over 9,737 saplings around plant and mine areas; an additional 212 saplings planted in surrounding areas.
Utilized 22637 tons of Biomass in Kiln-II and 941 tons in CPP.

Board carried out performance evaluation of its own performance, individual directors, and committees.
Company complied with the provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, relating to Corporate Governance.
CARE Ratings reaffirmed long-term facilities/instruments rating as CARE A+ and short-term facilities rating as CARE A1.

Overall decline in cement industry (8%).
9.8% decline in volume for Mangalam Cement.
COVID-19 pandemic caused plant closure (March 25 to May 31, 2020), impacting cement production.
Increase in diesel and freight costs.