Strategic objectives
S1
Accelerating growth
Profitable growth with capacity expansions in a growing market
Read moreKPIs
- Capacity increase (MT)
- Cost of expansion
- Average capital utilisation
- Project execution time
- Growth in cement and RMX production
Goals for 2022
- Leverage capacity to enhance value creation and to meet growing customer demand
- Commission Ametha and Tikaria projects successfully
- Add ~20% RMX capacity through plant expansions and covering more Indian cities
Capitals impacted
Strategic objectives
S2
Leading in sustainability and innovation
Innovating to accelerate green growth
KPIs
- Percentage of sales and growth of green products & solutions
- Specific CO2 emissions intensity
- Share of green power in overall portfolio
- Waste-derived resources used
- Thermal Substitution Rate (TSR)
- Reduction of specific freshwater consumption
- CSR spend, beneficiaries and impact
Goals for 2022
- Making sustainability central to everything we do
- Strengthen our sustainable product portfolio
- Drive innovation to offer best-in-class products and services to consumers
- Scale up the Green Concrete, ECOPact
- IImprove ESG ratings
- Promote strong ethical, environmental and CSR principles
- Progress towards achieving SD 2030 Plan
Capitals impacted
Strategic objectives
S3
Delivering superior performance
Target best-in-class profitability and performance
KPIs
- Earnings Before Interest and Taxes (EBIT)
- EBIT margin
- Free Cash Flow (FCF)
- Returns generated on capital employed (ROCE)
- Cost reduction through Project ‘Parvat’
- Share of premium products in cement
- Share of value-added products and services in RMX
- Investment in efficiency initiatives
- Scaling up the digital journey
- Talent management practices
Goals for 2022
- Expansion of margins
- Strong cash conversion
- Invest in key priorities of capacity, sustainability and efficiency
- Improve operational efficiency across the organisation under Project ‘Parvat’
- Strengthen the premiumisation journey across cement and RMX
- Become industry leaders in digitalisation initiatives
- Continued focus on performance management and people development to create a future-ready organisation
- Enhance Brand Equity
Capitals impacted
