THERMAXNSEThermax Limited· Electrical EquipmentMinimalNeutral
Announced Sat, 5 Jul · 13:15 IST

Thermax Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Report for FY 2024-25'.

THERMAX · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Thermax Limited submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25 to NSE and BSE on July 5, 2025, as required under SEBI's Listing Regulations. The report covers standalone operations with reasonable assurance provided by Price Waterhouse Chartered Accountants LLP on core BRSR indicators. Key financials disclosed include a turnover of Rs. 6,254 crore and net worth of Rs. 3,968 crore. The company operates in three segments: Industrial Products (61% of turnover), Industrial Infra (28%), and Chemicals (11%), with 8 plants and 17 offices in India, and exports contributing 14% of revenue across 90 countries. On ESG performance, Thermax achieved a 42.6% absolute reduction in carbon emissions versus the FY 2019 baseline (19,443 tCO₂e cut), surpassing its revised FY 2025 target of 35%. The company employs 5,879 people and 3,050 workers, with 100% permanent employees covered by health and accident insurance. Customer complaints stood at 7,656 (83 pending), down from 8,257 the previous year.

Likely market impact

This is a routine annual regulatory filing with no direct impact on stock price. It reinforces Thermax's ESG credentials by demonstrating it is ahead of its carbon reduction targets, which may appeal to ESG-focused investors, though the high customer complaint volume is worth monitoring.