Business Responsibility and Sustainability Reporting for FY 2024-2025
SHILCTECH · price
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Awaiting price reaction for this filing.
Shilchar Technologies filed its annual Business Responsibility and Sustainability Report (BRSR) for FY 2024-25, as required under SEBI's listing regulations. The company manufactures Power & Distribution Transformers (100% of turnover), posted FY25 turnover of ₹623.15 crore and net worth of ₹346.83 crore, with exports contributing 43.48% of revenue across 22 countries. It operates 1 manufacturing plant in Gujarat with 112 permanent employees and 354 workers, and holds ISO 9001, 14001, and 45001:2018 certifications. Key ESG highlights include use of rooftop solar and a captive windmill for renewable energy, green cover on over 30% of plant area, 8 rainwater recharge borewells, zero workplace safety incidents, zero complaints on POSH or human rights, and no fines or penalties during the year. The company has not set formal ESG targets, and no external assurance was obtained on the BRSR.
This is a routine mandatory regulatory filing with no direct material impact on stock price. It signals steady growth (turnover up from ~₹397 cr to ~₹623 cr), strong export orientation, and decent ESG housekeeping, though the absence of formal ESG targets and external assurance limits its weight for ESG-focused investors.