Inside Dalmia Bharat: Your Monthly Snapshot is here for the month gone by. Synergy welcomes you all to its fourth edition! Stay tuned for more updates and exciting developments as we continue to lead with innovation and sustainability in the cement industry!

HIGHLIGHTS


     ➤   New EV Charging Station! We proudly opened a new EV Charging Station at our Lanka,                Assam plant to facilitate the adoption of greener and more sustainable transportation.

     ➤   Award Success! For the 3rd year in a row, our Nawabpet Talamanchipatanam Mine has earned a 5-star rating!

THE SOCIAL GOOD

Dalmia Private Industrial Training Institute (DITI) in Rajgangpur, Odisha has secured the 2nd spot in the All-India Grading of Industrial Training Institutions for 2024-25! With a stellar score of 9.5/10, DITI continues to excel in skill development.

This ranking was bestowed by the Directorate General of Training, New Delhi, under the Ministry of Skill Development and Entrepreneurship. DITI aims to enhance the national skilled workforce. Their mission is to provide quality technical education and standardize training methods to meet industrial needs and expectation. We have two centres located in Dalmiapuram, Dalmi Tamil Nadu and Rajgangpur, Odisha respectively.

LEADERSHIP'S MESSAGE

Our focus on optimising operational processes and enhancing product quality had resulted in a robust volume growth of 11.8% YoY in FY24 as compared to FY23, demonstrating the resilience of our manufacturing capabilities. By leveraging technological advancements and streamlining logistics, we are driving cost efficiencies and maximising the value of our manufactured capital.

GANESH W JIRKUNTWAR, NATIONAL MANUFACTURING HEAD

EMPLOYEE SPOTLIGHT

Our Learning and Development team conducted a dynamic 2-day D.R.I.V.E Phase 2 workshop, enhancing 16 participants' skills in Career Development, Consequence Management, Personal Productivity, and Conflict Resolution.

INDUSTRY UPDATES


     ➤   Slow Cement Demand:After a sluggish start in Q1 FY25, cement demand remained slow in Q2 due to heavy rains. However, we anticipate improvement in demand as we approach the later quarters with seasonal recovery and increased government spending.

     ➤   Cement Prices: Cement prices are at a multi-year low. While attempts to increase prices have been made, they have yet to gain traction, resulting in flat prices month-on- month in August.

COMPETITION SPACE


     ➤    Ambuja Cement Acquisition: Ambuja Cement has completed the acquisition of Penna Cement Industries Limited, making it a fully-owned subsidiary as of August 16, 2024.

     ➤    Adani Group Share Sale:The Adani Group has sold 2.76% of its stake in Ambuja Cements Ltd, raising 4,200 crore. Their total holding now stands at 67.53%

     ➤    JSW Cement IPO Postponed: SEBI has delayed the 24,000 crore IPO of JSW Cement, filed in August 2024, without giving specific reasons for the postponement.

For inputs & feedback, reach out to us at corpcomm@dalmiabharat.com

www.dalmiabharat.com

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