Business Responsibility and Sustainability Report for the FY 24-25
Awaiting price reaction for this filing.
Adani Total Gas has submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25 to BSE and NSE, as required under SEBI LODR Regulation 34. The company reported turnover of ₹5,411.68 crore and net worth of ₹4,207.04 crore, with 99.23% of revenue coming from piped natural gas (PNG) and compressed natural gas (CNG) distribution. It operates 1,300 locations across 25 states, including 647 CNG stations, 546 EV charging stations, and 29 city gate stations. The company employs 542 permanent staff (97% male, 3% female) and 149 workers. ESG highlights include installation of solar panels at 54 sites (943 kW capacity), 100% conversion of light commercial vehicles to CNG, and a lost-time injury frequency rate of 0.57 against a target of below 0.25. The report discloses penalties of ₹1.6 lakh from BSE/NSE for SEBI listing non-compliance and ₹1 crore from PNGRB for regulatory breaches. Customer complaints rose sharply to 74,622 in FY25 from 53,994 in FY24, though only 14 were pending at year-end.
This is a routine annual ESG disclosure required by SEBI and does not directly affect stock price, though investors get visibility into sustainability commitments, climate risk strategies, and regulatory compliance track record. The disclosed penalties and rising customer complaints are minor negatives but unlikely to be material to valuation.