Annual Report

HeidelbergCement India Limited CIN: L26942HR1958FLC042301 Registered Office 2nd Floor, Block B, DLF Cyber Greens, DLF Cyber City, Phase-III, Gurugram, Haryana 122002, India Phone +91-124-4503700 Fax +91-124-4147698 Website: www.mycemco.com HCIL: SECTL:SE:2026-27 02 September 2026 BSE Limited National Stock Exchange of India Limited Listing Department Listing Department, Phiroze Jeejeebhoy Towers Exchange Plaza, C/1, Block G, Dalal Street, Fort, Bandra Kurla Complex, Bandra (E) Mumbai – 400001 Mumbai - 400 051 Scrip Code:500292 Trading Symbol: HEIDELBERG Dear Sir/Madam, Sub: Submission of Annual Report for FY 2025-26 In compliance with Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), please find enclosed the Annual Report of HeidelbergCement India Limited for FY 2025-26, inter alia containing the Notice of 67th Annual General Meeting to be held on 24 September 2026. Further, in compliance with Regulation 36 of the SEBI Listing Regulations, a letter providing the web-link, including the exact path to access the Annual Report is available, is being sent to those shareholders who have not registered their email addresses with the Company/RTA or Depository(ies). A copy of the aforesaid letter is also attached herewith. The Annual Report containing the Notice is also uploaded on the Company's website at www.mycemco.com. You are requested to take the same on record and post it on the website of stock exchange. Thanking you, Yours faithfully, For HeidelbergCement India Ltd. Ravi Arora Vice President- Corporate Affairs & Company Secretary Encl.: a.a. Enabling Sustainable Growth Building Value Responsibly HEIDELBERGCEMENT INDIA LTD. ANNUAL REPORT 2025-2026 Packing Plant, Imlai INDEX A – CORPORATE INFORMATION C – SPOKES OF THE CORE Concept Note -----02 Procurement, Manufacturing and Logistics -----28 Heidelberg Materials Group -----04 Corporate Social Responsibility -----33 HeidelbergCement India Limited -----10 Human Resources -----37 HCIL Growth Journey-----12 Marketing, Sales and Branding -----42 Plants and Offices -----14 D – MANAGEMENT MESSAGES AND Products and Services -----16 PROFILE OF DIRECTORS Financial Highlights -----18 From the Desk of Managing Director-----46 Awards and Recognitions -----20 Profile of the Board of Directors -----48 B – SUSTAINABILITY Messages from the Management-----51 Planet Positive -----22 HeidelbergCement India Limited Clinkerisation Unit, Narsingarh (Damoh) E – STATUTORY REPORTS F – FINANCIAL STATEMENTS Board's Report-----60 Independent Auditors' Report-----132 Management Discussion and Analysis-----80 Balance Sheet-----141 Business Responsibility Statement of Profit and Loss-----142 and Sustainability Report-----87 Statement of Change in Equity-----143 Report on Corporate Governance-----118 Cash Flow Statement-----144 Notes to Financial Statements-----145 Notice of AGM-----181 Disclaimer: This Annual Report contains statements about expected future events and financial and operating results of HeidelbergCement India Ltd., which are forward-looking. By their nature, forward-looking statements require the company to make assumptions and are subject to inherent risks and uncertainties. There is a significant risk that the assumptions, predictions and other forward-looking statements will not prove to be accurate. Readers are cautioned not to place undue reliance on forward-looking statements as a number of factors could cause assumptions, actual future results and events to differ materially from those expressed in the forward-looking statements. Accordingly, this document is subject to the disclaimer and qualified in its entirety by the assumptions, qualifications and risk factors referred to in the Management's Discussion and Analysis of the HeidelbergCement India Ltd. Annual Report FY26. Annual Report 2025-26 CONCEPT NOTE India's development story is unfolding at an extraordinary scale. Yet the industry's role today extends well beyond supplying a From highways and industrial corridors to homes and hospitals, material essential to construction. It carries an equal the nation's vision for infrastructure-led growth is coming to life responsibility to enable growth that is resource-efficient, at a rapid pace. At the heart of this transformation stands the environmentally conscious and built for the future. cement industry, a cornerstone of India's development journey At HeidelbergCement India, we continue to affirm that the true and economic growth. value of an organisation lies beyond its balance sheet. It is India is today the world's second-largest cement producer and measured not only by the value we create, but by the value we among its fastest-growing markets. Sustained investment in share with our investors, employees, communities, the infrastructure, accelerating urbanisation, rising housing demand environment, and the country. Guided by this belief, FY 2025-26 and the Government's long-term development agenda continue was a year in which we continued to deliver improved financial to drive strong momentum for the sector. As the country performance while advancing our environmental responsibility, advances towards its vision of a developed nation by 2047, social purpose and governance standards in equal measure. cement will remain one of the foundational industries of that journey. 02 HeidelbergCement India Limited Enabling Sustainable Growth Environment: Society: Governance: Where resources are respected Where prosperity is shared Where integrity inspires trust Higher alternative fuel 21,000+ lives positively Achieved debt-free status, substitution rate of 10.63% impacted through CSR initiatives underpinning financial discipline and balance sheet strength More than 50% of electricity Community investments consumption now sourced from exceeded statutory Delivered a 26% increase in non-grid power requirements Profit After Tax, alongside highest-ever sales volumes with Reduced carbon intensity per continued investments in tonne of cement by responsible operations and over 5%, advancing our resource efficiency decarbonisation journey Growth and responsibility, in our view, are not competing priorities; they are partners in lasting progress. This philosophy is reflected in our theme for the year, 'Enabling Sustainable Growth.’ A conviction that lasting progress is built when business performance and responsible stewardship move forward together. It is why every policy, process and product at HeidelbergCement India is shaped through the lens of our 'Sustainability First' approach. As you turn these pages, we invite you to look beyond the numbers and explore how we are enabling sustainable growth. The chapters ahead reflect our commitment to advancing environmental stewardship, social responsibility and governance excellence, while creating enduring value for all stakeholders. Annual Report 2025-26 03 HEIDELBERG MATERIALS GROUP Founded in 1873, Heidelberg Materials, headquartered in Germany, has been contributing to the global progress ever since. Heidelberg Materials is one of the world's largest integrated manufacturers of building materials and solutions with leading market positions in cement, aggregates and ready-mixed concrete. Its products and services are used in the construction of houses, infrastructure, commercial and industrial facilities. Heidelberg Materials New Headquarters, Heidelberg, Germany 04 HeidelbergCement India Limited One of the largest integrated manufacturers of building materials HEIDELBERG MATERIALS 2,600 Revenue of euro Sites in about 21.5 50 Billion Countries 150+ 49,000 Years in Employees Business Annual Report 2025-26 05 SUSTAINABILITY AT HEIDELBERG MATERIALS GROUP Heidelberg Materials is one of the world's largest integrated manufacturers of heavy building materials and solutions with leading market positions in cement, aggregates, and ready-mixed concrete. 49,000 employees in almost 50 countries shape our [Showing first 8,000 characters — download PDF for full document]