Company Overview

Anjani Portland Cement Limited published its 42nd Annual Report for FY 2025-26 and convened its Annual General Meeting on September 10, 2026. The company operates in the cement sector with Chettinad Cement Corporation as its holding company (75% ownership).

Financial Performance

Standalone FY26 Results: Revenue declined 17% to ₹310.20 crore from ₹373.44 crore in FY25. The company reported a net loss of ₹103.96 crore, including an exceptional loss of ₹79.96 crore from the sale of 48% stake in subsidiary Bhavya Cements to Chettinad Cement for ₹254.05 crore. Post-sale holding in Bhavya Cements stands at 51.09%.

Consolidated FY26 Results: Revenue increased to ₹455.21 crore from ₹430.03 crore, with consolidated net loss reducing to ₹26.31 crore from ₹81.22 crore in FY25.

Operational Metrics

  • Installed Capacity: 11.60 lakh MT
  • Capacity Utilization: 40% (FY25: 61%)
  • Cement Production: 4.65 lakh MT (FY25: 7.05 lakh MT)
  • Cement Sales: 8.21 lakh MT including 3.61 lakh MT traded cement
  • Borrowings Reduction: Standalone borrowings decreased from ₹387.91 crore to ₹196.60 crore

AGM and Corporate Governance

The 42nd AGM was conducted virtually on September 10, 2026, with remote e-voting available from September 7-9, 2026. Key agenda items included:

  • Adoption of audited standalone and consolidated financial statements
  • Reappointment of Mr. Palani Ramkumar as Director
  • Ratification of Cost Auditor remuneration
  • Approval of Material Related Party Transactions aggregating ₹1,075 crore with Chettinad Cement and Bhavya Cements

Environmental Disclosures (BRSR Compliance)

Air Emissions: NOx: 280.13 tonnes/year, SOx: 35.09 tonnes/year, Particulate Matter: 32.61 tonnes/year

Greenhouse Gas Emissions: Scope 1: 364,901 MT CO2e, Scope 2: 4,187 MT CO2e, Total Emission Intensity: 0.7932 Kg CO2e/MT of product

Waste Management: Total waste generated: 2.6031 metric tonnes (0.757 MT plastic, 0.196 MT e-waste, 1.548 MT battery waste, 0.102 MT used oil), with 2.501 MT recycled and 0.102 MT incinerated

Key Audit Matters and Contingent Liabilities

The auditor highlighted evaluation of uncertain tax positions as a key audit matter. Contingent liabilities total ₹479 lakhs across excise duty (₹180 lakhs), customs duty (₹130 lakhs), GST (₹74 lakhs), and other disputes (₹95 lakhs).

Corporate Structure and Compliance

Board Composition: 6 Directors (1 Executive, 5 Non-Executive including 2 Independent Directors)

Auditors: Statutory - M/s. S C Bose & Co.; Secretarial - M/s. D. Hanumanta Raju & Co.; Cost - M/s. Narasimha Murthy & Co.

Compliance: Full compliance with SEBI Listing Regulations, Companies Act 2013, and environmental regulations including Water Act, Air Act, and Environment Protection Act

Other Significant Disclosures

  • No dividend recommended for FY26 due to losses
  • CSR spend of ₹2.95 lakhs on education, rural development, and healthcare in Suryapet District, Telangana
  • Cyber security policy implemented with no data breaches reported
  • MSME payables of ₹461 lakhs with no interest dues outstanding
  • Business continuity plan and disaster management plan in place