H.G. Infra Engineering Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Reporting (BRSR)'.
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Awaiting price reaction for this filing.
H.G. Infra Engineering has filed its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25, submitted alongside the annual report as required by SEBI rules. The company, primarily a road and highway builder (76.6% of revenue), also earns 23.4% from solar power generation and operates across 12 Indian states with 29 plants and 4 offices. Consolidated turnover stood at about Rs 6,052 crore (standalone Rs 5,056 crore) with a net worth of Rs 2,950 crore. On the ESG front, the company hit 100% anti-corruption training coverage (up from 93%), raised per-employee training hours by 20% to 7.8 hours, and planted 1.75 lakh trees against target, while sourcing 82% of inputs sustainably. Workforce totals 7,137 (2,047 employees and 5,090 workers), with very low female representation and zero differently-abled staff, and a notably high worker turnover of 104%. The report also discloses a Rs 1 crore NHAI penalty for quality deficiencies on the Delhi-Vadodara Expressway (DV-9) project, and a sharp jump in related-party sales from 0% to 52.73% of total sales.
This is a routine annual ESG compliance disclosure and is unlikely to move the stock on its own. However, investors should note the NHAI penalty, the very high worker attrition, and the sudden spike in related-party sales as points worth watching in the broader investment case.