Sanghi Industries Limited has informed the Exchange about Investor Presentation
31st July 2025
To, BSE Limited PJ Towes, Dalal Street Mumbai – 400 001 Scrip Code: 526521
To, National Stock Exchange of India Limited Exchange Plaza, Bandra - Kurla Complex, Bandra (E), Mumbai – 400 051. NSE Symbol: SANGHIIND
Sub.: Investor Presentation under Regulation 30 of SEBI (Listing Obligations and
Disclosure Requirements) Regulations 2015
Dear Sir/ Madam,
In continuation of our letter dated 18th July 2025 regarding Analyst/Institutional call scheduled on 31st July 2025, we are enclosing herewith Presentation titled ‘Operational & Financial Highlights’ for the quarter ended on 30th June 2025.
The above information shall also be made available on the Company's website at www.sanghicement.com.
Kindly take the above on your record.
Thanking you,
Yours faithfully, For Sanghi Industries Limited
Pranjali Dubey Company Secretary & Compliance Officer
Encl.: as above
Sanghi Industries Limited Registered Office: Adani Corporate House, Shantigram, Nr. Vaishnodevi Circle, S. G. Highway, Khodiyar, Ahmedabad – 382421 Gujarat, India Ph +91 79-2656 5555 www.sanghicement.com
CIN: L18209GJ1985PLC157787
Q1 FY’26 Operational & Financial Highlights
1
Ambuja Cements begins FY 26 with a robust performance
➢ Highest quarterly sales volume of 18.4 MnT (up 20% YoY), revenue crossed Rs 10,000 Cr mark (up 23% YoY),
highest EBITDA at Rs 1,961 Cr (up 53% YoY)
➢ Present Cement Capacity of 104.5 MTPA, well poised to achieve planned capacity of 118 MTPA by March
2026
➢ Commissioned 57 MW wind power in Q1 FY26, taking Renewable Energy capacity to 473 MW
➢ Adoption of DIGIPIN to address freight standardisation and hyperlocal marketing
➢ Launched ‘NirmAAAnotsav’ in exclusive partnership with CREDAI, first event in Ahmedabad with plans for 20
other cities
➢ Scheme of Amalgamation of Adani Cementation Limited with Ambuja Cements Limited has been approved by
NCLT (Ahmedabad bench) on 18th July 2025
➢ Ranked as ‘India's Most Trusted Cement Brand 2025’ for 4th year in a row by TRA Research in its Brand
Trust Report 2025
Q1 & FY’26 Operational & Financial Highlights
2
2
Performance at a Glance Q1 FY’26 Ambuja Cement Consolidated
Net worth Rs. 66,436 Cr, continue to remain Debt Free
VOLUME (in MnT )
REVENUE (in R Cr)
EBITDA (Excluding other income, in R Cr)
PAT (in R Cr)
Q 1 F Y 2 6
Q 1 F Y 2 5
18.4
15.3
Q 1 F Y 2 6
Q 1 F Y 2 5
10,289
8,392
MnT 3.1 (+20%)
R 1,897 (+23%)
1,961
Q 1 F Y 2 6
Q 1 F Y 2 5
1,280
R 681 (+53%)
970
783
Q 1 F Y 2 6
Q 1 F Y 2 5
R 186 (+24%)
33
Builders of Progress in India
Development
Operations
Value Creation
Well poised for Growth • 104.5 MTPA capacity with brownfield expansion of Farakka (2.4 MTPA), Sankrail (2.4 MTPA) and Sindri (1.5 MTPA) grinding units and debottlenecking
• With
the projects under advanced stage of completion, the capacity will go up to 118 MTPA by Mar’26; well on track to achieve targeted capacity of 140 MTPA by FY’28
Cost Leadership • Ongoing Capex and Opex efficiency continue to yield strong operational results
Asset Footprint • Pan India asset footprint • Acquired assets contributing meaningfully in terms of capacity utilization, wider footprint, expanded market presence and driving down costs Supply Chain Excellence • First in the industry to adopt DIGIPIN for address standardisation and hyperlocal marketing, to reduce freight cost
initiatives
• Well placed to
leverage rail, sea and BCT/GUs
infrastructure strength & optimize logistics cost
Market Leadership • Focus on shifting from being
just a cement manufacturer to a comprehensive building materials solutions provider
Sales & Marketing Excellence • Highest % of trade sales (@74%) in Q1 FY’26 within
peers, catering to profitable IHB segment
• Higher share of premium products as a % of trade sales
@ 33% (up 43% YoY)
Stakeholders • Net worth at Rs. 66,436 Cr, Company remains debt free & continues to maintain highest rating Crisil AAA (stable) / Crisil A1+
Societal • 5.7 Million people benefit under community
development projects till FY’25
Environmental • World’s first cement company to join the Alliance for the
under Industry Decarbonization International Renewable Energy Agency (IRENA) India’s only and globally among the four large-scale cement companies to have their science-based net- zero and near-term targets validated by the SBTi.
(AFID),
•
Ambuja Cement
01 Ambuja, with 104.5 MTPA, is the 9th largest cement manufacturer globally and 2nd in India
02 Ambuja is one of the world's fastest-growing building materials solution companies
03 Ambuja is India’s leading cement company with net-zero targets validated by SBTi, following Cemex, Heidelberg, and Holcim
4
Contents
Adani Group Profile
Performance Highlights
Annexures
1
2
3
4
5
6
Ambuja Cement Overview
ESG Updates
Abbreviation
5
01
Adani Group Profile
6
Adani Portfolio: A world class infrastructure and utility portfolio
Flagship
Incubator
(73.97%)
AEL
Infrastructure & Utility Core Portfolio
Energy & Utility
Transport & Logistics
(61.91%)
AGEL1 Renewables
(71.19%)
AESL T&D
(74.96%)
APL IPP
(37.40%)
ATGL2 Gas Discom
(100%)
(50.00%)
ANIL New Industries
AdaniConneX5 Data Centre
(65.89%)
APSEZ Ports & Logistics
(100%)
NQXT3
(100%)
AAHL Airports
Other
Specialty
Primary Industry
Materials, Metal & Mining
(67.53%)
Ambuja Cements4
(50.05%)
(58.08%)
(72.66%)
ACC4
Sanghi4
Orient4
(100%)
ARTL Roads
(100%)
(64.71%)
(30.42%)
Copper, Aluminum
NDTV
AWL6 Food FMCG
(100%)
(100%)
(100%)
(100%)
PVC
Mining Services & Com. Mining
GCC
Specialist Manufacturing7
(%): Adani Family equity stake in Adani Portfolio companies (%): AEL equity stake in its subsidiaries (%): Ambuja equity stake in its subsidiaries
Listed cos Direct Consumer
A multi-decade story of high growth centered around infrastructure & utility core
1. All 2,24,58,864 share warrants outstanding as of 30th June 2025 were converted during July 2025. Following the conversion, promoter shareholding in AGEL increased to 62.43% as of 18th July 2025 | 2. ATGL: Adani Total Gas Ltd, JV with Total Energies | 3. NQXT: North Queensland Export Terminal. On 17th Apr’25, Board of Directors have approved the acquisition of NQXT by APSEZ, transaction will be concluded post pending regulatory approval. | 4. Cement includes 67.53% (67.57% on Voting Rights basis) stake in Ambuja Cements Ltd. as on 30th Jun’25 which in turn owns 50.05% in ACC Limited. Adani directly owns 6.64% stake in ACC Limited.| 5. Data center, JV with EdgeConnex | 6. AWL Agri Business Ltd. : AEL to exit Wilmar JV, diluted 13.50% through Offer For Sale (Jan’25), 10.42% stake has been diluted through Block Deal during Jul’25, agreement signed for residual 20% stake dilution. | 7. Includes the manufacturing of Defense and Aerospace Equipment | AEL: Adani Enterprises Limited | APSEZ: Adani Ports and Special Economic Zone Limited | AESL: Adani Energy Solutions Limited | T&D: Transmission & Distribution | APL: Adani Power Limited | AGEL: Adani Green Energy Limited | AAHL: Adani Airport Holdings Limited | ARTL: Adani Roads Transport Limited | ANIL: Adani New Industries Limited | IPP: Independent Power Producer | NDTV: New Delhi Television Ltd | PVC: Polyvinyl Chloride | GCC: Global Capability Centre l Promoter’s holdings are as on 30th June, 2025.
7
Adani Portfolio: Best-in class growth with national footprint
Predictable, high and rising free cash flow
National footprint with deep coverage
All figures in INR cr
Tax paid
Finance cost paid
CAT (FFO)
EBITDA
24,870
12,784 (51%)
10,418 (42%) 1,668
EBITDA
89,806
66,527 (74%)
18,711 (21%)
4,568
FY19
FY20
FY21
FY22
FY23
FY24
FY25
AEL APSEZ AGEL ATGL AESL APL Ambuja Cement
Adani’s Core Infra. Platform –
350 Mn
Userbase
EBITDA: Earning before Interest Tax Depreciation & Amortization I EBITDA: PAT + Share of profit from JV + Tax + Deferred Tax + Depreciation + Finance Cost + Forex Loss / (Gain) + Exceptional Items | FFO: Fund Flow from Operations l FFO : EBITDA – Actual Finance cost paid (excl. Capitalized Interest, incl. Int. on Lease Liabilities)– Tax Paid l AEL: Adani Enterprises Limited l APSEZ: Adani Ports and Special Economic Zone Limited l AGEL: Adani Green Energy Limited | ATGL: Adani Total Gas Limited l AESL: Adani Energy Solutions Limited l APL: Adani Power Limited
8
Adani Portfolio: Repeatable, robust & proven transformative model of investment
DEVELOPMENT1
Adani Infra (India) Limited | ITD Cementation India Ltd. | PSP Projects Ltd.
OPERATIONS
2 Operations (AIMSL)
Origination
Site Development
Construction
• Analysis & market
• Site acquisition
• Engineering & design
intelligence
• Concessions &
• Sourcing & quality
Operation
• Life cycle O&M
planning
CONSUMERS
New C.E.O. Consumer I Employees I Other Stakeholders
Inspired Purpose & Value Creation
• Delivering exceptional products & services for elevated
engagement
• Viability analysis
regulatory agreements
• Project Management Consultancy (PMC)
• Asset Management plan
• Differentiated and many P&Ls
I
Y T V T C A
I
E C N A M R O F R E P
India’s Largest Commercial Port (at Mundra)
Longest Private HVDC Line in Asia (Mundra - Mohindergarh)
World’s largest Renewable Cluster (at Khavda)
Cement Network Operation Center (CNOC)
Adani’s Core Infra. Platform –
350 Mn
Userbase
I
L A T P A C
T Strategic value Mapping N E M E G A N A M
Policy, Strategy & Risk Framework
R E L B A N E
Continued Focus & Investment
Investment Case Development Growth Capital – Platform
Infrastructure Financing Framework
Duration Risk Matching Risk Management – Rate & Currency Governance & Assurance Diversified Source of Capital
14%
March 2016
55%
31%
5%
23%
March 2025
2%
26%
18%
25%
Long Term Debt
PSU Banks
Pvt. Banks
USD Bonds
NBFCs & FIs
DII
Global Int. Banks
Human Capital Development
• Leadership Development Initiatives
•
Investment in Human Capital
AI enabled Digital Transformation
• Power Utility Business - ENOC • City Gas Distribution - SOUL • Transportation Business - AOCC
Note : 1. ITD Cementation India Ltd.: Completed acquisition of 67.47% shares (20.83% from public through open offer and 46.64% from erstwhile promoters). PSP Projects Ltd.: AIIL has acquired 11.32% shares from public through open offer. In process of complying with conditions for acquisition of shares from existing promoters. Once the transaction is completed, AIIL and existing promoters shall hold equal shareholding. | 2. Adani Environmental Resource Management Services Ltd. (additional company is being proposed) | O&M: Operations & Maintenance l HVDC: High voltage direct current l PSU: Public Sector Undertaking (Public Banks in India) l GMTN: Global Medium-Term Notes l SLB: Sustainability Linked Bonds l AEML: Adani Electricity Mumbai Ltd. l AIMSL : Adani Infra Mgt Services Pvt Ltd l IG: Investment Grade l LC: Letter of Credit l DII: Domestic Institutional Investors l COP26: 2021 United Nations Climate Change Conference l AGEL: Adani Green Energy Ltd. l NBFC: Non-Banking Financial Company l AIIL: Adani Infra (India) Ltd. | AOCC : Airport Operations Control Center
9
02 Ambuja Cement - Overview
1010
Industry Outlook
Housing and Infrastructure projects to boost Cement demand
Rising demand for housing across cities and villages to aid cement demand − Govt. sanctioned 3.78 cr Rural and 1.17 cr Urban houses − Allocation for PMAY-U up by 45% in Union Budget 2025-26 − Rs 15,000 cr allocated for ‘SWAMIH1 2.0’ to help completion of
stalled housing projects
− Above normal monsoon to uplift rural housing demand
Core infrastructure to remain as the key driver for cement demand − Infrastructure sector, particularly roads, railways, irrigation and urban
infrastructure are the key demand driver
− Focus on increased investments on infrastructure across States lakh cr
amplifies opportunities Infrastructure capex proposed for 50-year interest free loan to States − The Budget’s focus on a 3-year pipeline of infrastructure projects under the public-private partnership model will incentivize private sector investment and catalyze cement consumption
for cement growth; Rs 1.5
Cement Demand Segments (% share as of FY2025)
11% - 15%
10% - 14%
29%-31%
32%-34%
13%-15%
22%-24%
Industrial & Commercial Infrastructure
Rural Housing Urban Housing
Commercial sector poised to drive significant cement demand −
The industrial and commercial segment is expected to see a steady growth this fiscal, driven by traction from commercial real estate and warehousing.
− Growth in AI and demand for data centers to aid cement growth
Segment Housing Infrastructure Industrial/Commercial
FY’26 Growth 6.0% to 7.0% 7.5% to 8.5% 5.5% to 6.5%
Housing
Infrastructure
Commercial
1 – Special Window for Affordable and Mid-income housing
Source: CRISIL
11
Industry Outlook
Cement Demand – Expected to expand by 7% to 8% in FY2026
Indian Economy
Cement Demand
– Domestic demand to remain robust
– FY2026 GDP growth estimated to grow by ~6.5%
– CPI Inflation for FY2026 revised down to 3.7% from earlier
projection of 4%
– RBI to allow more balanced approach to inflation management
– Cement sector to witness strong growth trajectory, boosted by infrastructure
robust development and favorable demand-supply dynamics
substantial
economic
factors,
– ~10% increase in budgetary allocation for core infrastructure to
spur growth
– Demand expected to increase by 7% to 8% during FY 2026
Cement Industry
Consolidation
– Major contributor to India’s GDP and employment through its
large backward and forward linkages
– 2nd largest producer of cement (550 Mn MT) – 9% share of
Global capacity (~6,875 Mn MT)
– India’s low per Capita Cement consumption at 290 kg (world avg. of 540 kg), translates into significant opportunity for growth
– Digitalisation, ESG & cost optimization will differentiate
industry leaders
– Cement sector experiencing wave of M&A activities
– M&A is reshaping the industry landscape, with major players
seeking for increased footprints and operational efficiency
– ~200 MnT capacity exchanged hands during last 10 year
– Acquisition and successful integration of Orient Cement in the
first quarter itself
12
Adani Group Synergies (C.O.S.T.)
C.O.S.T. - Capex I Operational Efficiency I Sustainability I Technology
Technology/Digitisation • Leveraging AI, IoT, Video Analytics and Optimisation Capabilities to facilitate swift decision-making and improved customer service
• OT Security Monitoring solution for real-time
monitoring, strengthening cybersecurity
• Leverage shared services vertical (GCC) of the
group, along with digital infra (IT)
04
Sustainability/ESG • Using Adani Green’s expertise for renewable
energy to reduce carbon footprint
• Adopting zero-carbon heating technology to decarbonise cement manufacturing process • Future-ready technologies like green hydrogen,
carbon capture and utilization
• EV trucking to help reduce supply chain emissions
03
Intelligent PHYGITAL Infrastructure
01
Capex • Healthy asset base coupled with accelerated capex program for efficiency improvement
• Leveraging Group’s expertise in projects execution
and cost negotiation benefits
• Target greenfield capex of $75 to $80 per Metric
ton
Operational Efficiency • Using Adani Enterprise / Adani Natural Resources’ expertise in procuring coal and mining operations
• Leveraging Adani Power’s expertise to improve
CPP’s operations and Adani Green for renewable energy to optimise power cost
• Long term tie-ups for fly ash from Adani Power
plants
• Multi modal logistics parks, marine logistics
02
Enhancing operational efficiency and driving sustainable growth by leveraging group synergies
13
Ambuja Cement Overview
Presence in 31 states & union territories and 640+ districts (~80%)
2
Gagal
Darla / Suli Rajpura Bhatinda
Ropar
Lakheri
Sanghi Navalakhi Ambujanagar
Muldwarka Panvel
Dahej
Surat
Jalgaon
Devapur
BCCI
Chanda Patas
Wadi
Chittapur
Kudithini
Mangalore
Thondebhavi
Cochin
Nalagarh
Asian Nalagarh
Roorkee
Dadri
Ametha
Kymore
Farakka
Bargarh
Bhatapara
Tikaria
Chaibasa
Sindri
Sankrail
Damodhar
Kolkata
Jamul
Gopalpur
Maratha cement works Ganeshpahad
Tandur
Vizag
Krishnapatnam
Boyareddypalli Talaricheruvu
Madukkarai
Tuticorin
Karaikal
Integrated Plants Grinding Units Bulk Terminal Blending unit
Ambuja ACC Sanghi Dahej Penna Orient
For the Quarter Ended June 30, 2025
104.5 MTPA Cement Capacity
1
24 Integrated Units
65.8% Clinker factor
22 Grinding Units
80% Share of Blended Cement
114 Ready-Mix Concrete plants
10 Bulk Cement Terminals
11 Captive Ships
3
6.4% Thermal Substitution Rate
1,15,000+ Channel partners across India
1. Including Farakka, Sankrail, Sindri brownfield expansions and debottlenecking 2 National presence (% coverage of total districts in India) as on 31.03.2025 3. Due to maintenance shutdown of plants
14
Ambuja Cements Overview
Iconic brands with cumulative 120+ years history that shaped the industry
Strength Pioneered brand building & technical services Market leaders with Virat Compressive Strength
Heritage India‘s 1st Cement Company, Inter-generational legacy pioneered product development
High Patronage
Higher contribution 1 from Trade segment
Adani Cement Geographical Spread 2 (Capacity Share)
IHB
Contractors
Professionals
Dealers
Institutional Clients (e.g. CREDAI members)
Trade Cement Share Ambuja + ACC
74%
Share of Premium Products
33%
of Trade Volume
Northern Zone : 19%
Central Zone : 8%
Western Zone : 23%
Southern Zone : 27%
Eastern Zone : 23%
1. Q1 FY’26 2. Including Farakka, Sankrail, Sindri brownfield expansions and debottlenecking
15
03
Performance Highlights
1616
Performance Highlights
Financial results (for the Quarter)
Particulars
UoM
Ambuja Consolidated
Ambuja Standalone
Jun’25
Mar’25
Jun’24
Jun’25
Mar’25
Jun’24
Volume 1
MnT
18.4
18.2
15.3
10.5
11.1
9.0
Revenue from Operations 1
EBITDA (Excl. Other Income)
EBITDA (%)
₹ Cr
₹ Cr
%
10,289
9,981
8,392
5,515
5,725
4,552
1,961
1,868
1,280
872
1,038
646
19.1%
18.7%
15.3%
15.8%
18.1%
14.2%
EBITDA (PMT)
₹ /Ton
1,069
1,028
Other Income
PBT
PAT
EPS (diluted)
1 Net of MSA sales for Ambuja consolidated
₹ Cr
₹ Cr
₹ Cr
₹
256
573
835
355
827
454
938
442
1,333
1,780
1,094
1,066
1,197
970
3.20
1,282
3.88
783
2.62
855
3.47
929
3.77
714
420
763
567
2.33
17
Performance Highlights
Ambuja Cement (Consolidated) Cement Business (% Change YoY)
SALES VOLUME – Cement (MnT)
NSP (₹/bag Cement)
EBITDA (₹ Cr & Margin)
EBITDA (₹ /ton)
20%
18.2
18.4
15.3
4%
53%
28%
252
254
261
1,280
1,868
1,961
1,028
1,069
835
Jun-24
Mar-25
Jun-25
Jun-25
Mar-25
Jun-25
Jun-25
Mar-25
Jun-25
Jun-25
Mar-25
Jun-25
18%
15%
19%
These various initiatives taken on ground level, that have led to higher volume growth and improved realization. A few of them are, −Higher Premium products share −Focused branding and promotion activities −Active engagement of Technical support team with influencers −Offering of value-added solution beyond Cement −Improved Physical infrastructure Continuous focus on maximization of Premium & solutions focussed product share will lead to improvement of realization & higher profitability
Strong focus on volume expansion, premiumization, and pricing power coupled with cost reduction and operational excellency journeys and synergies between cement businesses and Group will help in improve profitability in coming quarters
18
Performance Highlights
Ambuja Cement (Consolidated) Cement Business (% Change YoY)
RAW MATERIAL (₹/ton)
POWER AND FUEL (₹/ton)
12%
3%
FREIGHT & FORWARDING (₹/ton)
3%
783
1,415
1,344
OTHER EXPENSES (₹ /ton)
2%
699
715
692
1,367
1,263
1,305
689
1,272
1
678
Jun-24
Mar-25
Jun-25
Jun-24
Mar-25
Jun-25
Jun-24
Mar-25
Jun-25
Jun-24
Mar-25
Jun-25
Costs are reducing constantly quarter on quarter with the cost optimization journey and these will be reducing further with the various Opex & Capex based initiatives
1 LFL: Excluding new assets and one-time gain in PY
Costs have been reducing consistently with strong actions on − Maximisation of green power share − Improving Captive coal share − Fuel flexibility so that low cost fuel
consumption can be maximized
− Supply chain management − Opportunistic purchase − Increase AFR consumption. − This has resulted in − Reduced Kiln fuel cost (Rs 1.74 to
1.59/000 kCal)
− Reduced CPP fuel cost (Rs 1.58 to
1.50/000 kCal)
− Green power share up by 9.6 pp
(from 18.5% to 28.1%)
and
trends
Freight and Forwarding costs are on downward logistics excellency journey is going to bring down these costs further, driven by various initiatives undertaken, to name a few of these initiatives, − Modal shift of transport mode, Increasing share of waterway mode (to reach ~10% by FY’28) − Automation and Digitization − Wheeler alignment
to optimize trucking size & optimize freight costs
Costs have been reducing constantly, (Excluding branding incremental spend, these costs have gone down by 9%). With new business model and integration of new acquired assets going successfully, costs will come down further. Initiatives taken,
− Global Capability Center rolled out − Strong focus on Digitization and
Automation
− Unified & Simple business process − System based on cost control
− Improve Direct dispatches − Negotiations of freight & handling
mechanism
rate
19
Capex updates
20
Performance Highlights
Roadmap to 140 MTPA - 104.5 at present, 118 by Mar’26 and 140 MTPA by FY’28
Expansion Project
State
Capacity (MTPA)
Clinker
Cement
Status Update
Bhatapara Line 3 (CU)
Jharkhand
4.0
Salai Banwa (GU)
Uttar Pradesh
Bathinda
Marwar (GU)
Punjab
Rajasthan
-
-
-
Maratha Line 2 (CU)
Maharashtra
4.0
Dahej Line-2 (GU)
Gujarat
Kalamboli (Blending)
Maharashtra
-
-
Jodhpur (Penna IU)
Rajasthan
3.0
Krishnapatnam Penna (GU)
Andhra Pradesh
Warisaliganj (GU)
Bihar
-
-
-
2.4
1.2
2.4
-
1.2
1.0
2.0
2.0
2.4
Total
11.0
14.6
• Standardized Grinding Unit of 2.4 MTPA for one mill (~7,200 TPD) (PPC basis) • Standardized Clinkering Unit of 4 MPTA for one Kiln (~12,000 TPD)ss
• Drives trial run are in progress and commissioning by
Q2’ FY’26
• Salaibanwa Project under advanced stage of
construction
• Civil & Mechanical work is in progress, Delivery of
major equipments’ commenced,
• Civil work is in progress, delivery of major
equipments has commenced
• Major equipments received at site, Civil work
completed for Main plant buildings. Equipments installation is in progress.
Capacity Details
Existing Capacity
• Civil work is in progress,, delivery of major
Projects under execution
equipments commenced.
Additional Projects at various stages
Total Capacity
(Mn T)
104.5
14.6
21
140
21
04 ESG
Overview
2222
ESG updates
Stakeholder value creation
Environmental
Society
Governance
− Committed to SBTi and GCCA for being Net Zero by 2050; ahead of country’s targets to be Net-Zero by 2070
− Strong
commitment
to
Sustainable
Development (SD) 2030 Plan
− Major investments in Renewable Energy and
WHRS
− Geoclean, EcomaxX, AFR, alternate
raw materials etc to build circularity & accelerate green products
− Focus on water positivity and circular economy
− Spend made on various social development
program
− Outreach in 13+ states benefiting 5.7 Mn people
through community development projects
− Focus on Agro based
livelihood, Water conservation, Health & Sanitation, Women Empowerment, etc.
• Enhanced Governance - In addition to the
statutory committees, there are 7 additional committees/sub-committees represented by independent directors
1. Legal, Regulatory & Tax Committee 2. Corporate Responsibility Committee 3. Public Consumer Committee 4.
Information Technology and Data Security Committee
5. Mergers and Acquisitions Committee 6. Commodity Price Risk Committee 7. Reputation Risk Committee
23
ESG updates
ESG Framework I Adani Group Vision & ESG Framework
Vision
To be a world class leader in businesses that enrich lives and contribute to nations in building infrastructure through sustainable value creation.
Policies
Assurance
ESG
Guiding principle
Commitment
ESG Guiding Framework
ESG Rating Agencies
Our ESG Ambition
• Net Zero
• Waste to Resource
• Water Positive
• Biodiversity Positive
• Zero Harm
• Engaged Communities
• Zero Non-Compliance
24
ESG updates
Impressive ESG credentials and resilient credit ratings
Rating Agencies
Ambuja
ACC
DJSI (CSA)
CDP – CC
CDP – WS
CDP – SEA
60
B
B
A-
64
B
B
A-
Sustainalytics
28.3 (29/123) Medium Risk
22.2 (8/123) Medium Risk
MSCI
CRISIL
BB
–
56 (Adequate)
57 (Adequate)
Ambuja is globally among the four large-scale cement companies globally with net-zero targets validated by SBTi, following Cemex, Heidelberg & Holcim
25
ESG updates
ESG Dashboard
Material topic
Ambuja
ACC
UN SDGs
2030 TARGETS
STATUS Q1 FY 26
2030 TARGETS
STATUS Q1 FY 26
Climate & Energy (Gross specific CO2 emissions - Kg/T)
Climate & Energy (Green Power)
Circular Economy (Use of waste derived resources in MnT)
Water & Nature (Water Positive)
Water & Nature (Trees Planted - Million)
People & Community (beneficiaries – million)
* As per SBTi validated target
442*
60%
21
10x
2.4
5
540
34.4%
2.39
9.67x
1.5
till FY25
3.6
till FY25
421*
60%
30
5x
5.9
3.5
483
26.2%
3.06
0.26x
5.1
till FY25
2.1
till FY25
Net Zero Commitment: Committed to Net Zero by 2050 with Near-Term (2030) targets validated; Ambuja and ACC are the only two cement companies in the country to make this commitment
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Corporate Social Responsibility
2727
ESG updates
Corporate Social Responsibility
Water Resource Management
• •
• •
137 RRWHS constructed 1511 Awareness camps on water resource management 279 hectares covered under Micro irrigation Identified and finalized location for developing an oxygen park to enhance village biodiversity and greenery in Bathinda
Agro-Based Livelihoods and Women
•
•
• •
•
7813 trainings on agricultural activities and 64 trainings on agri allied activities. 18857 tonnes Biomass supplied to Ambuja Cement 29 newly SHGs formed 2 Day awareness for farmers aligning with the Government's Viksit Krishi Sankalp Abhiyan, in was organized in Rabriyawas and Ambujanagar to infiltrate all the newest & updated agricultural technology to field level i.e from Lab to Land. Training cum Exposure program organized for self-help group members of Chandipur and Laxmipur, Farakka
Quality Healthcare
• 34703 truckers and allied population reached
through health activities
• 3764 beneficiaries screened under NCD program
• 225 Awareness sessions on WASH in schools
• Nutrition Awareness Sessions organized in Gautam
Buddh Nagar, Dadri
• Blood Donation Camps organized in Ambuja Campus
*RRWHS – Rooftop Rainwater Harvesting Systems *SHGs – Self-Help Groups *SEDI – Skill & Entrepreneurship Development Institute NCD – Non Communicable Diseases WASH – Water, Sanitation & Hygiene
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ESG updates
Corporate Social Responsibility
Skill & Entrepreneurship and Education
Events
• 259 Youth trained under SEDI
• Action Research Study Report Launch on NCDs of core
• Summer camp organized with Pratham Education with over
300 students participated in Chandrapur
villages of Bathinda, Punjab
• Yoga Day was celebrated across locations
•
11 students from Ambujanagar participated in Karate Competition and won 4 medals in 1st, 2 medals in 2nd and 1 medal in 3rd place
• World Environment Day celebrated across locations
• World No Tobacco Day celebrated across locations
• Significant days like Menstrual Hygiene day, Hypertension
• SEDI Jaitaran celebrated Tagore Jayanti with active
day was also celebrated in the community.
participation from all trades.
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ESG updates
Board & Committee Structure
Statutory Committees
Audit Nomination and Remunerations Stakeholder Relationship Corporate Social Responsibility Risk Management Non-Statutory Committees IT and Data Security Corporate Responsibility Mergers and Acquisition Legal, Regulatory and Tax Reputation Risk Public Consumer Commodity Price Risk
Independent Directors
Chaired by Independent Directors
100% 100% 50% 75% 75%
75% 100% 50% 75% 50% 100% 50%
Yes Yes Yes Yes Yes
Yes Yes Yes Yes Yes Yes Yes
40% Comprised of only Independent Directors
100% of Statutory Committees chaired by Independent Directors
7 Additional Business Specific Committees 29% Fully comprised of Independent Directors
100% Chaired by Independent Directors
Pathway to strengthen Corporate Governance • Tenure of IDs: up to 3 years, maximum 2 terms • Gender Diversity: minimum 30% female directors • Management Ownership: CEO and member of executive committees to have share ownership • Related Party Transactions: Independent 3rd party review and certification • Training and Education: minimum 4 sessions in a year for education of IDs
Achieved 'Good’ Category by Institutional Investor Advisory Services (IIAS) in the Indian Corporate Governance Scorecard (2024)
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05 Annexures
3131
First Capital Market Plant Visit (30th June & 1st July)
Management Presentations + Extensive Q&A Session + Physical Plant Visit: Marwar Mundwa Integrated Plant
38
46
Research Firms
Research Analysts
• Showcased Ambuja's manufacturing capabilities, state-of-the-art research and development
initiatives and cutting-edge technology
• Firsthand view of Ambuja’s operational excellence, innovation-driven processes, and
commitment to industry-leading standards
ManCom Members
CEO’s Message
CFO’s Message
Management Interaction
Portfolio Demonstration
Mines
CCR
Packing Plant
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Accolades & Awards
01
03
02
04
01
India's Most Trusted Cement Brand 2025’ by TRA Research in its Brand Trust Report 2025; consecutively for 4th year in a row.
02
the
Recognised with ‘GEEF Global Excellence Environmental Emerging Company of the Year 2025’ Award in the cement industry category.
03
04
GiantsTogether campaign won Bronze in the B2B Film category at the Good Ads Matter Awards 2025
Maratha Line-II & Sindri GU received Gold Award in Best HSE Project category by ISDA INFRACON National Awards – IINA 2025
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06 Abbreviations
3434
Abbreviations
AEL
ATGL
Adani Enterprises Limited
Adani Total Gas Ltd
APSEZ
Adani Ports and Special Economic Zone Limited
AESL
APL
AGEL
AAHL
ARTL
ANIL
AWL
ADL
NDTV
AIMSL
OCL
GDP
MSCI
Adani Energy Solutions Limited
Adani Power Limited
Adani Green Energy Limited
Adani Airport Holdings Limited
Adani Roads Transport Limited
Adani New Industries Limited
Adani Wilmar Limited
Adani Digital Limited
New Delhi Television Ltd
Adani Infra Mgt Services Pvt Ltd
Orient Cement Limited
Gross Domestic Product
Morgan Stanley Capital International
NABARD
National Bank For Agriculture And Rural Development
LC
Letter of Credit
RRWHS
Rainwater Harvesting System
SBTi
SD
CSR
ICC
Science Based Targets initiatives
Sustainable Development
Corporate Social Responsibility
Indian Chamber of Commerce
NQXT
North Queensland Export Terminal
ENOC
Energy Network Operation Centre
MnT.
CLC
PLI
TCO
AFR
WHRS
MTPA
BCT
IHB
GU
EC
O&M
PSU
NBFC
GCCA
ESG
B2C
SEDI
SHG
TSR
OPC
NCD
Million Tonne
Clinker and Cement
Production Linked Incentive
Total Cost Basis
Alternate Fuels and Raw Material
Waste Heat Recovery System
Million Tonne Per Annum
Bulk Cement Terminal
Individual Home Builder
Grinding Unit
Environment Clearance
Operations & Maintenance
Public Sector Undertaking
Non-Banking Financial Company
Global Cement Concrete Association
Environmental, Social & Governance
Business to Consumer
Skill and Entrepreneurship Development Institute
Self Help Group
Thermal Substitution Rate
Ordinary Portland Cement
Non-Communicable Diseases
FI
RMX
BCCI
UoM
PMT
KPI
FPC
GCC
EPC
CU
DJSI
Financial Institution
Ready- Mix Concrete
Bulk Container Corporation of India
Unit of Measurement
Per Metric Tonne
Key Performance Indicators
Farmer Producing Company
Global Capability Centre
Engineering, Procurement and Construction
Clinkerization Unit
Dow Jones Sustainability Index
CDP-CC
CDP Climate Change
CDP-WS
CDP Water Security
UN SDG
United Nations Sustainable Development Goals
BCFC
WASH
ABS
ABSI
NRC
CRC
Bottom Discharge Wagon
Water, Sanitation & Hygiene
Association of Brest Surgeons
Association of Breast Surgery, India
Nomination and Renumeration Committee
Corporate Responsibility Committee
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Disclaimer
Certain statements made in this presentation may not be based on historical information or facts and may be “forward-looking statements,” including those relating to general business plans and strategy of Ambuja Cements Limited (“Ambuja”), the future outlook and growth prospects, and future developments of the business and the competitive and regulatory environment, and statements which contain words or phrases such as ‘will’, ‘expected to’, etc., or similar expressions or variations of such expressions. Actual results may differ materially from these forward-looking statements due to number of factors, including future changes or developments in their business, their competitive environment, their ability to implement their strategies and initiatives and respond to technological changes and political, economic, regulatory and social conditions in India. This presentation does not constitute a prospectus, offering circular or offering memorandum or an offer, or a solicitation of any offer, to purchase or sell, any shares and should not be considered as a recommendation that any investor should subscribe for or purchase any of Ambuja’s shares. Neither this presentation nor any other documentation or information (or any part thereof) delivered or supplied under or in relation to the shares shall be deemed to constitute an offer of or an invitation by or on behalf of Ambuja.
Ambuja, as such, makes no representation or warranty, express or implied, as to, and does not accept any responsibility or liability with respect to, the fairness, accuracy, completeness or correctness of any information or opinions contained herein. The information contained in this presentation, unless otherwise specified is only current as of the date of this presentation. Ambuja assumes no responsibility to publicly amend, modify or revise any forward-looking statements, based on any subsequent development, information or events, or otherwise. Unless otherwise stated in this document, the information contained herein is based on management information and estimates. The information contained herein is subject to change without notice and past performance is not indicative of future results. Ambuja may alter, modify or otherwise change in any manner the content of this presentation, without obligation to notify any person of such revision or changes.
No person is authorized to give any information or to make any representation not contained in and not consistent with this presentation and, if given or made, such information or representation must not be relied upon as having been authorized by or on behalf of Ambuja.
This presentation does not constitute an offer or invitation to purchase or subscribe for any securities in any jurisdiction, including the United States. No part of this presentation should form the basis of or be relied upon in connection with any investment decision or any contract or commitment to purchase or subscribe for any securities. None of our securities may be offered or sold in the United States, without registration under the U.S. Securities Act of 1933, as amended, or pursuant to an exemption from registration therefrom.
For further info, please contact:
CA Deepak Balwani Head, Investor Relations deepak.balwani@adani.com
Ambuja Cements Limited Registered office: Adani Corporate House, Shantigram, Near Vaishno Devi Circle, S.G. Highway, Ahmedabad – 382421. Ph: +91 79265 65555; www.ambujacement.com; CIN: L26942GJ1981PLC004717
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