Bharat Forge reports lower GHG emissions in FY26 BRSR
Bharat Forge filed its Business Responsibility and Sustainability Report for FY 2025-26, disclosing a reduction in total Scope 1 and Scope 2 greenhouse gas emissions to 2,53,313 tCO2e from 2,59,718 tCO2e in the previous year. The company increased its renewable energy consumption to 38.02% of total electricity consumed and reported a 20.81% rise in recycled water usage. KPMG Assurance and Consulting Services LLP provided reasonable assurance for the report.

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Bharat Forge filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, disclosing a reduction in greenhouse gas emissions and an increase in the use of renewable energy. The company reported that its total Scope 1 and Scope 2 emissions decreased to 2,53,313 tCO2e in FY 2025-26 from 2,59,718 tCO2e in the previous year. The report, which forms part of the Integrated Annual Report, was submitted to BSE Limited and the National Stock Exchange of India Limited pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company reported that renewable energy constituted 38.02% of its total electricity consumption during the year, up from 37.16% in FY 2024-25. Additionally, the proportion of recycled water used increased to 49.34% from 41% in the prior year. Specific water consumption improved to 3.63 KL per metric tonne of production from 3.81 KL per metric tonne. The company achieved these figures through initiatives such as solar and wind electricity consumption, which exceeded 115 million kWh and 32 million kWh respectively.
Operational and Financial Metrics
company name disclosed that its paid-up capital stood at ₹ 956.27 million. The company’s operations are primarily focused on manufacturing, with Metal & Metal Products accounting for 96.43% of its turnover. Exports contributed 47.78% to the total turnover. The report noted that the company operates five plants and eight offices nationally, serving 23 states and union territories in India and 35 countries internationally.
Employee and Safety Data
The company reported a total workforce of 10,623, comprising 2,849 employees and 7,774 workers. Women represented 3.62% of the total employee count and 1.32% of the total worker count. The Lost Time Injury Frequency Rate (LTIFR) for workers increased to 0.77 in FY 2025-26 from 0.66 in the previous year, while the LTIFR for employees was 0.14 compared to 0 in the prior year. The company recorded zero fatalities for both categories.
Environmental Performance
Bharat Forge reported a total waste generation of 98,784.53 metric tonnes, a decrease from 1,07,049.80 metric tonnes in the previous year. The company recycled 98,060.84 metric tonnes of waste. Total energy consumption stood at 27,69,853 GJ, with energy intensity recorded at 32.99 GJ per ₹ million of turnover. The company maintained a Zero Liquid Discharge (ZLD) mechanism across its facilities.
| Metric | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Total Scope 1 & 2 Emissions (tCO2e) | 2,53,313 | 2,59,718 |
| Renewable Energy of Total Electricity Consumed (%) | 38.02 | 37.16 |
| Recycled Water (%) | 49.34 | 41.00 |
| Specific Water Consumption (KL/MT Production) | 3.63 | 3.81 |
| Total Waste Generated (Metric Tonnes) | 98,784.53 | 1,07,049.80 |
Assurance and Governance
The BRSR received reasonable assurance from KPMG Assurance and Consulting Services LLP. The assessment confirmed that the sustainability disclosures were prepared in accordance with SEBI LODR regulations and the Greenhouse Gas Protocol. The company’s ESG Committee, chaired by the Vice Chairman and Joint Managing Director, oversees the implementation of sustainability initiatives. The report also highlighted that the company has identified material risks such as organisation structure alignment, innovation, and regulatory compliance, with mitigation strategies in place.
Historical Stock Returns for Bharat Forge
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.11% | +3.94% | +3.77% | +52.50% | +81.22% | +172.48% |
What are Bharat Forge's specific targets for increasing renewable energy usage beyond the current 38% over the next five years?
How will the recent increase in Lost Time Injury Frequency Rate (LTIFR) impact the company's operational safety protocols moving forward?
What capital expenditures are planned to further reduce Scope 1 and Scope 2 emissions in the upcoming fiscal years?


































