HeidelbergCement India Limited has announced robust financial results for the quarter, showcasing significant growth across key metrics. The company's strategic initiatives in sustainability and management changes highlight its focus on long-term growth and environmental responsibility.

Financial Performance

HeidelbergCement India reported a strong financial performance for the quarter:

The company's revenue saw a significant increase of 12.3% year-over-year, reaching ₹5,975.40 crore. This growth was primarily driven by a 10.9% rise in sales volumes and a 1% improvement in prices. The EBITDA margin stood at 14.8%, a slight improvement from 14.7% in the same quarter last year.

Operational Highlights

• Sustainability Initiatives: HeidelbergCement India has made significant strides in its sustainability efforts. The company increased its share of non-grid power to over 50% of total consumption, marking a crucial milestone in its energy transition journey. This was achieved through the implementation of wind-solar hybrid power under a long-term power purchase agreement.

• Decarbonization Efforts: Further emphasizing its commitment to environmental responsibility, the company increased the share of alternate fuels in its energy mix to approximately 13%.

• Cost Management: Despite facing an increase in raw material prices, the company managed to partially mitigate cost escalations through improved pricing strategies. This resulted in an EBITDA per tonne of ₹706, representing a year-over-year increase of about 2.3%.

Corporate Governance

The Board of Directors has approved several key management decisions:

1. Managing Director Reappointment: Mr. Joydeep Mukherjee has been reappointed as Managing Director for a period of three years, effective from April 1, 2026, subject to shareholder approval. Mr. Mukherjee brings 35 years of experience in leading large teams across various industries.

2. Secretarial Auditors: The company has appointed M/s DMK Associates as Secretarial Auditors for a term of five years, from FY 2025-26 to FY 2029-30, subject to shareholder approval at the upcoming Annual General Meeting.

Financial Position

As of June 30, 2025, HeidelbergCement India maintained a strong financial position with a cash and bank balance of ₹5,704.00 crore, against interest-free borrowings of ₹687.00 crore.

The company's performance demonstrates its resilience in a challenging market environment, with strategic focus on sustainability and operational efficiency driving growth. The reappointment of the Managing Director and the appointment of new Secretarial Auditors reflect the company's commitment to strong corporate governance and long-term stability.

HeidelbergCement India Limited (HCIL) has announced strong financial results for the first quarter, demonstrating significant growth across key metrics.

Sales and Revenue Growth

The company reported an impressive 10.9% year-over-year increase in sales volumes, reaching 1,254 KT compared to 1,131 KT in the same quarter last year. This volume growth, coupled with a slight improvement in pricing, drove a 12.3% increase in revenue. HCIL's revenue for the quarter stood at ₹5,975.40 crore, up from ₹5,321.90 crore in the corresponding period.

Profitability Improvements

HeidelbergCement India's profitability showed notable improvements:

• EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) rose by 13.4% to ₹885.00 crore, compared to ₹780.00 crore in the corresponding quarter of the previous year.
• EBITDA margin improved by 15 basis points to 14.8% from 14.7% year-over-year.
• Profit After Tax (PAT) grew significantly by 20.9% to ₹482.00 crore, up from ₹399.00 crore.

Operational Efficiency

The company's operational efficiency remained strong, with EBITDA per tonne increasing by 2.3% to ₹706.00, up from ₹690.00 in the same quarter last year. This improvement came despite a 1% rise in total operating costs per tonne, including freight, which was primarily driven by an increase in raw material prices.

Sustainability Initiatives

HeidelbergCement India made significant strides in its sustainability efforts:

• The company began receiving wind-solar hybrid power under its second long-term power purchase agreement, covering both the clinker manufacturing facility at Narsingarh and the grinding unit at Imlai.
• This initiative increased the share of non-grid power to over 50% of total consumption, marking a significant milestone in HCIL's energy transition journey.
• The company also increased the share of alternate fuels in its energy mix to approximately 13%, reinforcing its commitment to decarbonization and circular economy practices.

Financial Position

HeidelbergCement India maintained a strong financial position with a cash and bank balance of ₹5,704.00 crore, against interest-free borrowings of ₹687.00 crore.

Management Commentary

Joydeep Mukherjee, Managing Director of HeidelbergCement India Limited, commented on the results, stating, "Our Q1 performance demonstrates the resilience and strength of our business model. The significant growth in sales volumes and profitability reflects the increasing demand for our products and our ability to efficiently manage costs. We remain committed to our sustainability goals, as evidenced by our progress in adopting renewable energy and alternate fuels."

HeidelbergCement India's robust Q1 results reflect the company's strong market position and effective operational strategies, setting a positive tone for the period ahead.