BRSR Report for the Financial Year 2024-2025
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Sanmit Infra Ltd filed its annual BRSR report covering FY 2024-25, reporting a standalone turnover of ₹142.96 crore and net worth of ₹36.67 crore. The company operates in petroleum product trading (86.98% of revenue), bitumen emulsion manufacturing (12.94%), and bio-medical waste recycling, with 3 plants and 1 office across Maharashtra and Odisha and no export activity. The workforce consists of 38 permanent employees (71% male, 29% female) and 12 contract workers, with zero safety incidents and 100% training coverage reported. The company disclosed two BSE penalties totaling ₹1.55 crore for prior non-compliances (missing woman director and Reg 23(9) filings), both of which were fully waived by BSE in April 2025 after appeals. Key sustainability commitments include a planned 130 kW rooftop solar PV installation by end of 2025 and ISO certifications (ISO 9001, 45001, 13485) at its Rasayani unit.
This is a routine mandatory BRSR disclosure with no new material business impact, though the previously waived penalties clear the slate of old compliance overhangs. Shareholders should note the heavy related-party sales concentration (56.51% of total sales, up from 25.69% last year) and the absence of key policies like equal opportunity and sustainable sourcing, which may invite governance scrutiny. The planned solar project signals modest ESG progress but is small relative to operations.