Mangalam Cement cuts Scope 1 emissions 9.1% in FY26 BRSR filing

2 min read     Updated on 30 Jul 2026, 11:23 PM
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Mangalam Cement's FY26 BRSR highlights a 9.1% reduction in Scope 1 emissions and significant growth in renewable energy consumption. Financials show ₹1,75,840.61 Lakhs turnover. Operational metrics include zero safety incidents, improved accounts payable days, and full resolution of customer grievances. CSR focus remains on rural skill development and women empowerment.

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Mangalam Cement Limited reported a 9.1% decline in Scope 1 greenhouse gas (GHG) emissions to 18,17,748 metric tonnes of CO2 equivalent in FY2025-26, driven by increased adoption of renewable energy sources and process optimisation. The company submitted its Business Responsibility and Sustainability Report (BRSR) to the National Stock Exchange of India Limited and BSE Limited on July 29, 2026, pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This reduction supports the company’s strategy to mitigate climate risks associated with fossil fuel dependency in cement manufacturing.

The standalone report covers operations from April 1, 2025, to March 31, 2026, across three plants in Morak, Aligarh, and Nabarangpur. Total turnover stood at ₹1,75,840.61 Lakhs, with net worth at ₹97,729.23 Lakhs. Mangalam Cement utilised alternate energy sources extensively, including 128.36 Lakhs units of wind energy, 1,990.22 Tons of biomass in captive power plants, and 749.34 Lakhs Units from Waste Heat Recovery (WHR) systems. These initiatives contributed to a total renewable energy consumption of 2,181.82 TJ, up from 2,052.01 TJ in FY2024-25.

Environmental Performance Metrics

Scope 2 emissions also declined significantly, dropping to 27,969 MT CO2 equivalent from 37,389 MT CO2 equivalent in the previous year. The combined GHG intensity per rupee of turnover improved to 0.0001049653, down from 0.0001212584. Air emissions showed mixed trends: NOx decreased to 2,828.99 T/Year from 3,232.05 T/Year, while SOx rose to 460.35 T/Year from 356.87 T/Year. Particulate matter (PM) reduced slightly to 191.79 T/Year.

GHG Parameter: FY2025-26 FY2024-25
Total Scope 1 Emissions (MT CO2 eq.): 18,17,748 20,00,950
Total Scope 2 Emissions (MT CO2 eq.): 27,969 37,389
Combined intensity per rupee of turnover: 0.0001049653 0.0001212584

Water withdrawal decreased marginally to 3,26,972 KL from 3,32,068 KL, with the company maintaining a Zero Liquid Discharge policy. Total water discharged through Sewage Treatment Plants was 59,013 KL, down from 67,917 KL. Waste management efforts resulted in 4,825.89 metric tonnes of total waste generated, primarily plastic waste at 4,812.04 T/A.

Workforce and Social Responsibility

As of March 31, 2026, Mangalam Cement employed 587 employees and 2,628 workers. The Board comprised eight members, including one female director (12.50%). The company reported zero Lost Time Injury Frequency Rate (LTIFR) and zero fatalities for both employees and workers. Turnover rates for permanent employees rose to 10.63% from 8.98%, while permanent worker turnover increased to 8.82% from 8.06%. All employees and workers received training on human rights issues, achieving 100% coverage.

CSR activities under Section 135 of the Companies Act, 2013, focused on education, skill development, and women empowerment through tailoring training in rural areas. Input material sourced directly from MSMEs accounted for 21% of total inputs, down from 25%. Wages paid to persons employed in rural locations constituted 74.59% of total wages cost.

Governance and Stakeholder Engagement

Sales to dealers and distributors as a percentage of total sales increased to 74.77% from 69.29%, with 1,072 active dealers. Sales to the top 10 dealers amounted to ₹19,741.71 Lakhs. Accounts payable days improved to 53 days from 64 days. The company resolved all 523 customer complaints received during the year, with none pending at year-end. Shareholder complaints stood at six filed, with one pending resolution. No monetary or non-monetary penalties were levied, and no cases of corruption or conflict of interest were reported.

Historical Stock Returns for Mangalam Cement

1 Day5 Days1 Month6 Months1 Year5 Years
+10.48%+9.38%+0.86%+12.06%+33.88%+113.16%

How will Mangalam Cement's increased reliance on wind energy and biomass impact its cost structure and profitability in FY2026-27 given potential fluctuations in renewable feedstock availability?

What specific operational adjustments is the company planning to implement to reverse the rising trend in SOx emissions observed in the latest reporting period?

Given the decline in MSME sourcing from 25% to 21%, does Mangalam Cement intend to revise its supplier diversity strategy to meet future regulatory or ESG investor expectations?

Mangalam Cement shares FY26 Annual Report link ahead of AGM

2 min read     Updated on 30 Jul 2026, 01:28 AM
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Mangalam Cement Limited disclosed the web-link for its FY26 Annual Report to shareholders without registered emails, complying with SEBI norms. The 50th AGM is set for August 21, 2026, where a final dividend of ₹1.50 per share will be considered. Shareholders are urged to update KYC details for electronic dividend payments.

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Mangalam Cement Limited has disseminated a letter containing the web-link to its Annual Report for the financial year ended March 31, 2026 (FY26), to shareholders who have not registered their email addresses with the company or depositories. This disclosure, made on July 29, 2026, is in compliance with Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The move ensures all equity holders have access to the company’s financial performance and governance details ahead of the upcoming Annual General Meeting.

The 50th Annual General Meeting (AGM) is scheduled for Friday, August 21, 2026, at 2:00 PM IST via Video Conference or Other Audio-Visual Means (VC/OAVM). Shareholders can access the Annual Report through the company’s website at mangalamcement.com under the Investor Relations section. The notice for the AGM has been sent electronically to members with registered email IDs, while physical letters with the web-link were dispatched to others.

Key Event Date/Detail
AGM Date August 21, 2026
Dividend Record Date August 14, 2026
Dividend Payment Date On or after August 25, 2026
Tax Exemption Form Deadline August 14, 2026

The Board of Directors proposes a final dividend of ₹1.50 per equity share of face value ₹10 each for FY26. The record date for determining dividend entitlement is fixed for Friday, August 14, 2026. Shareholders are advised to submit tax exemption forms online by this date to avoid tax deductions at source. The dividend is expected to be paid on or after Tuesday, August 25, 2026.

In accordance with SEBI regulations effective April 1, 2024, shareholders holding shares in physical form must ensure their PAN, KYC details, and nomination choices are updated to receive dividends electronically. Pawan Kumar Thakur, Company Secretary & Compliance Officer, emphasized that folios lacking these updates will only be eligible for electronic dividend credits. Physical shareholders are requested to update their details via ISR forms submitted to the Registrar and Transfer Agent, MAS Services Ltd., before the cut-off date.

What the Numbers Show

The dissemination of the Annual Report provides transparency into Mangalam Cement’s operational and financial health for FY26. While specific revenue and profit figures are detailed within the report itself, the declaration of a ₹1.50 per share final dividend signals management’s confidence in cash flows. The strict adherence to SEBI’s digital dividend mandate underscores a broader industry shift towards dematerialization and streamlined shareholder servicing, reducing administrative overheads associated with physical cheques.

Shareholder Instructions

Remote e-voting will be available from Tuesday, August 18, 2026, at 9:00 AM IST until Thursday, August 20, 2026, at 5:00 PM IST via the NSDL e-voting platform. The cut-off date for voting eligibility is August 14, 2026. Members are advised to update their PAN and bank details with their Depository Participants or the RTA to avoid delays in dividend payment. Physical attendance is not permitted; all participation must occur through the VC/OAVM facility.

Historical Stock Returns for Mangalam Cement

1 Day5 Days1 Month6 Months1 Year5 Years
+10.48%+9.38%+0.86%+12.06%+33.88%+113.16%

How might Mangalam Cement's FY26 financial performance, as detailed in the Annual Report, influence its capital expenditure plans for capacity expansion in the upcoming fiscal year?

What impact could the strict enforcement of SEBI's digital dividend mandate have on the company's shareholder base composition and administrative costs in the long term?

Given the proposed dividend of ₹1.50 per share, how does this payout ratio compare to industry peers, and what does it signal about management's confidence in future cash flows?

More News on Mangalam Cement

1 Year Returns:+33.88%