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2019-2020 in the Nomination and Remuneration Committee Based on the Surrounding Areas (Outside of Plant)

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2019-2020 in the Nomination and Remuneration Committee Based on the Surrounding Areas (Outside of Plant) MANGALAM CEMENT LIMITED ANNUAL REPORT201912020 Forward• looking statement In this Annual Report. we have disclosed forward-looking information to enable investors to comprehend our prospects and take investment decisions. This report and other statements - written and oral - that we periodically make contain forward-looking statements that set out anticipated results based on the management's plans and assumptions. We have tried wherever possible to identify such statements by using words such as 'anticipate', 'estimate', 'expects'. 'project', 'intends', 'plans', 'believes', and words of similar substance in connection with any discussion of future performance. We cannot guarantee that these forward-looking statements will be realised, although we believe we have been prudent in assumptions. The achievements of results are subject to risks, uncertainties, and even inaccurate assumptions. Should known or unknown risks or uncertainties materialise, or should underlying assumptions prove inaccurate, actual results could vary materially from those anticipated, estimated, or projected. Readers should keep this in mind. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. Respected Syt. Basant Kumar Birla - Founder of the Company 2 SOARD OF DIRECTORS REGISTERED OFFICE Smt. Aruna Makhan P.O. Aditya Nagar-326520 Shri N. G. Khaitan Morak Shri Gaurav Goel Dist. Kota (Rajasthan) Shri K. C. Jain Phone No: 07459 232231 Smt. Vidula Jalan Co-Chairperson Fax: 07459 232036 Shri A. V. Jalan Co-Chairperson CIN:L26943RJ1976PLC001705 Website: www.mangalamcement.com KEV MANAGEMENT PERSONNEL E-mail: [email protected] Shri Yaswant Mishra President (Corporate) & CFO Shri Manoj Kumar Company Secretary CORPORATE OFFICE'. Birla Building, 10th Floor SENIOR MANAGEMENTEXECUTIVE 9/1, R.N. Mukherjee Road Shri Kaushlesh Maheshwari President (Sales & Marketing) Kolkata - 700 001 Shri Sunil Sachan President (Operations) Phone No: 0332243 8707 /8857 E-mail : [email protected] PLANT LOCATIO S 1. Rajasthan P.O. - Aditya Nagar Morak, Dist - Kota AUDITORS Pin - 326520 Singhi & Co. Chatered Accountants Kolkata 2. Uttar Pradesh K/1, CDF Complex UPSIDC Industrial Area AnoopsaharRoad,Cherat REGISTRAR & SHARE TRA SFER AGENT Dist - Aligarh M/s. MAS Services Ltd. T-34, 2nd Floor, Okhla Industrial Area, Phase-II, New Delhi-110020 BANKERS Tel. No. Oll-26387281/82/83 State Bank of India HDFC Bank Limited Fax No. 011-26387384 IDFC First Bank Limited E-mail- [email protected] DBS Bank India Limited Website- www.masserv.com lnduslnd Bank Limited RBL Bank Limited ICICI Bank Limited 3 :::,> :::, c: !!. f "Cl ~0 N g '°,!,, 0 Board of Directors 04 Performance Highlights 06 Marketing Endeavours 08 Awards & Recognitions 10 Human Resources 11 Corporate Social Responsibility 12 Statutory Reports· Report of the Directors 13 'f Management Discussion & Analysis 20 -"'~ Corporate Governance Report 40 Business Responsibility Report 54 Independent Auditor's Report 62 Balance Sheet 70 Statement of Profit & Loss 71 Cash Flow Statement 72 Notes 76 4 "'C ·!!e "..:::i "E cu E ocu E (II iii 0, c (II ::i: - Smt. Aruna Makhan Shri N.G. Khaitan Shri Gaurav Goel {DIN : 00025727} {DIN: 00020588) {DIN: 00076111) Smt. Aruna Makhan joined the Shri N G Khaitan is a Senior Shri Gaurav Goel is the Managing Indian Audit & Accounts Service Partner of Khaitan & Co. based Director and Promoter Director in 1967 and held the prestigious in Kolkata. He passed his of Dhampur Sugar Milts Ltd., one position of Controller General of Attomeyship Examination from of the premier integrated the Calcutta High Court in the Accounts before retirement. sugarcane processing year 197 4 and stood first in the During her 38 years of service, companies in India. His Preliminary, Intermediate and Smt. Makhan attained a rich and academic credentials include a Final Examinations, and was versatile experience in the field business management awarded Bell Chamber's Gold of public financial management. Medal by the Incorporated Law graduation degree from the She held various senior level Society, High Court, Calcutta. He United Kingdom. He has been positions in different is a Notary Public appointed by associated with Dhampur Sugar departments. the Government of India. He has Mills since 1994 and looks after rich experience in all aspects of its overall activities. He was the law and more particularly, Real President of Entrepreneurs Estate, Corporate laws and has Organisation(EO}, Delhi chapter, handled important litigations for 2006-2007. covering different branches of law including Mergers and Acquisition, Restructuring and De-mergers. He has advised several large industrial houses and multinational corporations on multifarious legal matters. 5 :::,> :::, c: !!. f "Cl ~0 N g '°,!,, 0 Shri K.C. Jain Smt. Vidula Jalan Shri Anshuman Vikram Jalan (DIN: 00029985) (DIN: 01474162) (DIN : 01455782) Smt. Vidula Jalan is Shri AV Jalan is Co-Chairperson Shri K C Jain, a qualified Co-Chairperson of the company. of the Company. He is a B. com Chartered Accountant, was the She is MBA in Strategic (Hons.) from St. Xavier's College, Whole-time Director of Kesoram Marketing and Leadership and Kolkata. Besides, he has Industries Ltd. He has a rich 50 Change Management from the completed a management years experience in the cement Indian School of Business, course in marketing and industry. He was a member of Hyderabad. Moreover, she also corporate finance from the the Managing Committee of has an Accounting and Finance London School of Economics, Cement Manufacturers' degree from The University of UK. Being involved in the Association (CMA) for 35 years. Manchester, U.K. She is also management of manufacturing managing the affairs of reputed companies since 1998, he has schools and charitable gained a rich experience in trusts of the Group. business administration. 6 Performance Highlights TOTAL REVENUE (t in Lacs) EBIDTA {f in Lacs) 16-17 17-18 18-19 19-20 16-17 17-18 18-19 19-20 GROSS BLOCK {f in Lacs) BOOK VALUE PER SHARE {f) 16-17 17-18 18-19 19-20 16-17 17-18 18-19 19-20 POST TAX PROFIT (fin Lacs) EARNINGS PER SHARE {f) 16-17 17-18 19-20 16-17 17-18 19-20 18-19 18-19 7 WASTE HEAT RECOVERY PLANT AT MORAK, RAJASTHAN The 11 MW Waste Heat Recovery (WHR) plant was commissioned with 5.15 MW capacity in January, 2020 and the balance capacity is expected to be fully operational by July'2020. This will have significant benefit on power cost as well as help to mitigate the impact of any future fuel and power cost increases for the company. ~ /.'{ h' 164.83 lac Kwh Captive green energy production through wind power 8 Committed support to our Partners "'C ·!!e "..:::i "E cu E ocu E (II iii 0, c (II ::i: UTTA SHIKSHA PEHEL Uttam Shiksha Pehel has become the cement industry's most innovativea nd appreciated scheme for masons in India. With its focus on support to the masons and contractors through Child Education, it has surpassed all expectations with registrations of l 8,949 children under the scheme in a short span of time. This unique marketing initiative with a thrust towards lasting social development is helping thousands of childrenreac h closer to their dreams and make a permanent positive difference for their families. HAPPVFACES Over and above the USP initiative, around 150 exceptionally meritorious students of the l 0th and 12th grades were felicitated and received special awards at events organized at Agra, Ujjain and Jaipur. Happy faces of top students receiving the awards by Smt. Vidu!a Jalan, Shri Anshuman V. Jalan, (Co-Chairpersons) and Shri Kaush!esh Maheshwari (President S&M) 9 :::,> :::, c: !!. -c,f ~0 N g '°,!,, UDAAN 0 The much appreciated Uttam Dealers Award & Appreciation Night has truly become the most awaited event of the year for not just our dealers but for their families as well, and continues to 'cement' their bond with the company. The colorful festival of UDDAN 2019 was celebrated at Indore, the land of Ahilyabai Holkar, followed by the revered darshan of Mahakaal at Ujain. The Grand Finale, for the top 50 dealers, culminated at a spectacular event organized at Dubai, U.A.E. "The Top 50 dealers at Dubai for the Grand Finale of UDDAN 2019". OATH A highlight of the event was the Oalh taking ceremony to push forward the organizational objectives synergized with social & marketing endeavors of the company. "Co-Chaipersons, Smt Vidula Jalan & Shri Anshuman Vikram Jalan with the winners of the Uttam Architect Awards 2019 at Agra". GROWINGS BONDS WITH ARCHITECT & ENGINEERS Our continuous interactions with ardlitects and engineen1 coupled with a series of formal workshops with their local bodies in select markets have led to their support through important associations like of Indian Institute of Architect (IIA) and Uttar Pradesh Architect Association {UPAA) for UAA and have helped us build very strong bonds with this important influencer fraternity. 10 Awards & Pursuing excellence "'C ·!!e Recognitions "..:::i "E cu E ocu E (II iii 0, c (II ::i: rKASJIANS..\ PAI-MA 7"',C--,~"'-------.1,,J-- ... .-..o.~~~-...----~ =:-/-'~--•~ Mangalam Cement Ltd. has receivedthe prestigious National Safety Council's NSCI •---r;:---~•-..,-,;li6,,,o,_..... .... Jr Safety Award 2019 - 'Sarvashreshtha Suraksha Puraskar" {Golden Trophy Certificate). This award is conferred for commendable work done in implementing effective OSH management systems and procedures and demonstrating outstanding performance during the assessment period of three calendar years. (i.e. 2016, 2017 & 2018). ....,.,_ Ii ollll,..._,._ I •l .. Won First prize in field of Reclamation and Rehabilitation under fully Mechanized Group A-1 Mines at the 30th Mines Environment and Mineral ....... --1 .. --.- ..... Conservation Week 2019-20 celebrated under the aegis of Indian Bureau of Mines, Govt. of India, Ajmer. Won Third prize in field of Publicity Propaganda under fully Mechanized Group A-1 Mines at the 30th Mines .. __ .,_ ..
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