Chairman statement

Staying ahead, with responsibility and resilience

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Narotam Sekhsaria

Chairman

Managing Director and CEO’s message

ACCelerating value creation

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Sridhar Balakrishnan

Managing Director and CEO

2020 Highlights

`13,487 Crore

Net Sales

`1,415 Crore

Profit After Tax

`2,481 Crore

Operating EBITDA

16%*

Return on Capital
Employed (RoCE)

25.53 MT

Cement Sales Volume

`972*

EBITDA Per Tonne

*excluding charges of `129 Crore

During 2020, our core focus was on

Health

Robust business continuity plan to ensure health and well-being of employees

`6.83 Lakh

Lives touched with COVID-19 relief efforts

Cost

Cost management and operational efficiency programmes

`250+ Crore

Total cost savings from Parvat programme

Cash

Significant improvement in cash conversion

`5,800+ Crore

Cash and cash equivalents

Business model

Strong basics, sustainable value creation

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Strategy

Progressing on the long-term roadmap

Our strategy aims to deliver strong returns to shareholders, best-in-class and sustainable products to customers and create shared value for our communities and employees. Our business model is attuned to our strategic priorities of expanding and upgrading capacity, enhancing profitability, reimagining consumer value proposition and embedding ESG principles across operations.

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Governance

Good governance
in letter and spirit

With a decision-making process based on decentralisation, empowerment and meritocracy, we remain custodians of a strong stakeholder stewardship. Our governance practices are representative of this, mirroring our commitment towards the greater good.

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