Business Responsibility and Sustainability Report for the FY2025
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Stovec Industries Ltd has filed its BRSR for FY2025 (Jan-Dec 2025) as mandated under SEBI regulations. The company manufactures rotary and digital printing machines, engravers, and consumables for textile and graphic industries, with operations in Ahmedabad. Key financials show turnover of Rs 1,981.11 million and net worth of Rs 1,317.79 million. The company employs 104 permanent staff and 175 workers, with exports contributing 27.44% of turnover. It is a subsidiary of SPGPrints B.V., Netherlands holding 71.06% stake. Environmental performance improved with energy consumption declining to 59,169 GJ, water usage to 26,620 KL, and GHG emissions to 7,838 MT CO2 equivalent. All employees and workers have 100% health and accident insurance coverage, and the company maintains ISO 9001:2015 certification.
This BRSR filing demonstrates Stovec's commitment to ESG disclosures with improved environmental metrics year-on-year. For shareholders, the report shows the company is reducing its environmental footprint while maintaining full compliance with labor and environmental regulations. The company complies with applicable environmental laws and has no pending regulatory non-compliances.