Bajel Projects cuts energy use 22% in FY26 BRSR
Bajel Projects Limited filed its Business Responsibility and Sustainability Report for FY26, reporting a total turnover of ₹2,79,157.52 lakhs. The company maintained zero environmental non-compliances, reduced total energy consumption by 22%, and increased renewable electricity consumption by 24%. Socially, it achieved 100% insurance coverage for permanent employees and recorded zero human rights violations.
*this image is generated using AI for illustrative purposes only.
Bajel Projects Limited filed its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026, with the stock exchanges. The filing, submitted by Company Secretary and Chief Compliance Officer Amee Joshi, details the Company’s environmental, social, and governance performance, including a total turnover of ₹2,79,157.52 lakhs for the period.
The Company reported zero environmental non-compliances, fines, or penalties during FY 2025-26. It maintained Zero Liquid Discharge (ZLD) across its manufacturing units and reduced total energy consumption by approximately 22% compared to the previous year. Renewable electricity consumption increased by approximately 24%, supported by solar energy initiatives. The manufacturing facility at Ranjangaon, Pune, operates under ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications.
On the social front, Bajel Projects achieved 100% coverage of permanent employees under health insurance, accident insurance, provident fund, and gratuity. The Company recorded zero fatalities among employees and two worker fatalities during the year. It reported zero complaints related to sexual harassment, child labour, forced labour, or discrimination. Human rights training coverage for permanent employees increased to 80.42%.
Operational and Financial Metrics
The Company operates through four verticals: Power Transmission, Power Distribution, Monopoles, and International EPC. Power Transmission accounted for 83.58% of the turnover, while Power Distribution contributed 8.55%. The Ranjangaon facility manufactured 33,130.89 metric tons of products during the year. The Company sourced 33% of its input material directly from MSMEs and small producers.
| Financial Metric | Value |
|---|---|
| Total Turnover | ₹2,79,157.52 lakhs |
| Export Turnover | ₹2,281.19 lakhs (0.82%) |
| Net Worth | ₹14,565.94 lakhs |
| Paid-up Capital | ₹2,313.94 lakhs |
Governance and Compliance
The Board of Directors oversees sustainability and ESG matters, with the senior management team responsible for implementation. The Company has not undertaken independent assurance of the BRSR Core disclosures but is evaluating it for future periods. It confirmed no fines or penalties for bribery, corruption, or conflicts of interest. The Whistle Blower Policy recorded no pending complaints at the end of the year.
Historical Stock Returns for Bajel Projects
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.16% | -7.30% | -14.62% | +17.99% | -30.15% | -6.71% |
Can the 22% reduction in energy consumption and 24% increase in renewable usage be sustained as the company scales up its Power Transmission and International EPC verticals?
What specific measures is Bajel Projects implementing to address the two worker fatalities recorded this year and prevent future incidents?
How does the company plan to reduce its heavy reliance on the Power Transmission vertical, which currently accounts for over 83% of total turnover?
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