Mangalam Cement Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Reporting for the Financial Year ended 31st March, 2025'.
MANGLMCEM · price
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Mangalam Cement has filed its BRSR for FY 2024-25, which is a mandatory annual sustainability disclosure under SEBI rules. The company manufactures cement and clinker, accounting for 97.03% of its turnover of Rs. 1,68,098.78 Lakhs, with a net worth of Rs. 85,188.32 Lakhs. It operates 3 plants across Morak, Aligarh, and Nabarangpur, serving 6 states domestically with no exports. Key green initiatives include 13.65 MW of wind energy capacity, use of 9,113 tons of biomass, and 663.36 lakh units of electricity generated from Waste Heat Recovery. The company has ISO certifications for quality, environment, energy, and occupational health systems, and achieved its PAT Cycle-VII energy efficiency target. Workforce consists of 555 permanent employees and 2,481 workers, with very low female representation (1.8% among employees). All 11 shareholder complaints were resolved, and 647 working condition complaints were filed with 49 pending at year-end.
This is a routine regulatory compliance filing with no direct financial impact, but it shows the company's ESG commitments and energy transition efforts. The high number of working condition complaints (49 pending) and very low gender diversity may be concerns for ESG-focused investors, while the renewable energy adoption and ISO certifications are positive signals.