Balu Forge Industries submitted its Business Responsibility and Sustainability Report (BRSR) for FY26 on September 7, 2026. The filing outlines the company's environmental, social, and governance disclosures under SEBI regulations.

The report details specific sustainability commitments, including achieving net-zero Scope 1 and Scope 2 greenhouse gas emissions by 2040. The company also aims to source 50% of its total electricity consumption from renewable sources by 2035.

Operational Metrics

Balu Forge Industries reported total energy consumption from non-renewable sources at 1,12,652 GJ for FY26, up from 97,666 GJ in FY25. This increase coincided with a rise in energy intensity per rupee of turnover, which moved to 1.74 from 1.63 in the prior year.

Water withdrawal from groundwater sources increased to 59,556 kilolitres in FY26 compared to 39,821 kilolitres in FY25. Total water consumption rose to 32,938 kilolitres from 19,768 kilolitres during the same period.

What the Numbers Show

The divergence between revenue growth and resource usage indicates rising operational intensity. While turnover reached ₹64,742.26 lakhs as per CSR disclosures, both energy and water intensity metrics increased year-on-year. Energy intensity rose from 1.63 to 1.74 GJ per rupee of turnover, and water intensity climbed from 0.33 to 0.51 kilolitres per rupee of turnover. This suggests that capacity expansion or higher production volumes in FY26 outpaced efficiency gains in resource utilization.

Governance and Social Disclosures

The company disclosed that it did not incur any monetary or non-monetary fines, penalties, or settlements with regulators during FY26. Training coverage for human rights policies expanded, with 76% of permanent employees covered in FY26, up from 48% in FY25.

Employee turnover rates remained stable. Permanent employee turnover stood at 4% in FY26, consistent with the previous year's 3-4% range. Permanent worker turnover decreased to 5% from 6% in FY25.

No lost-time injuries or fatalities were reported for employees or workers in FY26. The company maintains ISO 45001:2018 certification for its occupational health and safety management system.

Balu Forge Industries has dispatched individual letters to shareholders containing web links to access the company’s Annual Report for FY26 and the notice for its 37th Annual General Meeting. The move targets members who have not registered their email addresses with the company or their depository participants.

The disclosure was made pursuant to Regulation 30 and Regulation 36(1)(b) of the SEBI Listing Regulations, 2015. The letters provide the exact path on the company’s website where shareholders can view the complete details of the annual report and the AGM notice.

Accessing the Documents

Shareholders can access the documents via the company’s website at baluindustries.com. The specific paths provided in the intimation are:

• Annual Report FY26: Investor >> Shareholders Information >> Annual Reports >> Annual Report 2025-26
• 37th AGM Notice: Investor >> Shareholders Information >> AGM Notices >> Notice of 37th AGM

The company also shared direct web links for these sections to facilitate easier access for those without registered emails.

Green Initiative Push

In its communication to shareholders, Balu Forge Industries urged investors to register their email addresses with their Depository Participants (CDSL/NSDL) at the earliest. This step is intended to ensure receipt of all important information and documents electronically, supporting the company’s green initiative.

For queries regarding these documents, shareholders have been directed to contact the Registrar and Transfer Agent, Skyline Financial Services Pvt. Ltd. The RTA’s contact details, including address and email, were included in the shareholder letter.

Jaspal Singh Chandock, Managing Director, and Trimaan Chandock, Whole Time Director, signed the communication on behalf of the Board of Directors.