Esab India Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Report 2024-25'.
ESABINDIA · price
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Esab India has submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25 to BSE and NSE, as mandated under SEBI's Listing Regulations. The company, a manufacturer of metal and metal products (Fabrication Technology), reported a turnover of $1,373.47 crore and net worth of $361.25 crore, with exports contributing about 10% of revenue. It is 73.72%-owned by ESAB Corporation, USA, and operates 3 plants and 11 offices nationally. On the ESG front, the company reported no fatalities, no anti-corruption violations, and zero regulatory fines, while R&D spending rose to $3.88 million (from $1.44 million) and capex on environmental improvements climbed to $6.40 million. Shareholder complaints fell to 284 from 308, and 80% of raw materials are sourced sustainably, though the workforce remains male-dominated (about 90% of employees) and no external assurance was obtained for the BRSR.
This is a routine annual regulatory disclosure and is unlikely to move the stock price. It provides investors with a transparent view of the company's ESG practices, risk management, and governance, which are broadly satisfactory but flag limited gender diversity and lack of independent BRSR assurance.