Elgi Equipments Limited achieved a 63.33% reduction in carbon intensity during the financial year 2025-26, alongside recycling 90.23% of its foundry waste sand, according to its Business Responsibility and Sustainability Report (BRSR). The company reported that 42% of its total energy consumption was derived from renewable sources, up from 29% in the previous year, as it advanced towards its goal of reducing CO2 emissions by 28% by 2027.

The report, which covers the standalone operations of the company, highlights the installation of a 1 MW Open Access Wind Power Plant in Tuticorin District and the initiation of a 2 MW Open Access Solar Power project, with 1 MW becoming operational in February 2026. Elgi Equipments also implemented a Zero Liquid Discharge (ZLD) mechanism across all manufacturing locations, ensuring no wastewater is discharged outside plant boundaries.

Environmental Performance

Elgi Equipments focused on energy efficiency and resource conservation during the year. The company’s total energy consumption stood at 87,916 GJ, with an energy intensity per rupee of turnover recorded at 3.75, an improvement from 3.88 in the previous year. Water consumption intensity also improved to 1.97 kiloliters per million rupees of turnover from 2.30 in FY 2024-25.

In terms of greenhouse gas emissions, the company reported total Scope 1 and Scope 2 emissions of 7,776 metric tons of CO2 equivalent, down from 8,796 metric tons in the prior year. The emission intensity per rupee of turnover improved to 0.33 from 0.42.

Social and Governance Metrics

The company reported a total workforce of 2,340 individuals, comprising 1,091 employees and 1,249 workers. Women accounted for 10% of the total employee strength and 13% of the total workforce. The gender diversity on the Board of Directors was 14%, with one female member out of seven directors.

Elgi Equipments maintained a strong compliance framework with no material instances of non-compliance or fines/penalties reported during the year. The company’s spending on measures towards the well-being of employees and workers was 0.17% of total revenue. The Lost Time Injury Frequency Rate (LTIFR) for the combined workforce was 0.49, reflecting the company’s focus on occupational health and safety.

Assurance and Disclosures

The BRSR disclosures were subject to limited assurance by Price Waterhouse Chartered Accountants LLP. The company identified material issues such as climate change action, water management, and product stewardship as key risks and opportunities. It reported that 100% of identified suppliers had signed the ELGi Business Code of Conduct, reinforcing its commitment to responsible supply chain practices.

Elgi Equipments witnessed a notable block trade on BSE, with approximately 11,90,000 shares transacted at a price of ₹571 per share, aggregating to a total deal value of ₹67.95 crore.

Block Trade Details

The following table summarises the key parameters of the block trade executed on BSE:

Block trades are large-volume transactions typically executed between institutional participants outside the regular order book, often reflecting significant portfolio activity. The trade in Elgi Equipments, valued at ₹67.95 crore, represents a substantial movement in the counter on BSE.