Enviro Infra Engineers has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026. The disclosure, submitted to the National Stock Exchange of India Limited and BSE Limited on August 24, 2026, outlines the company’s environmental, social, and governance performance across its water supply and wastewater management operations.

Operational Scope and Governance

The company operates 60 plants and one office nationally, serving 17 states. Its business activities account for 100% of turnover, focusing on water collection, treatment, and supply. The Board of Directors oversees sustainability policies, with the Risk Management Committee and Corporate Social Responsibility Committee handling specific ESG matters.

Environmental Performance

Energy consumption rose significantly during the period. Total energy consumed increased from 6,33,40,101 Megajoules in FY25 to 10,42,61,385 Megajoules in FY26. Non-renewable energy sources accounted for the bulk of this usage, totaling 9,56,94,454 Megajoules, compared to 85,66,931 Megajoules from renewable sources. Consequently, energy intensity per rupee of turnover adjusted for Purchasing Power Parity (PPP) rose from 0.12329 MJ/INR in FY25 to 0.20973 MJ/INR in FY26.

Waste generation also expanded. Total waste generated increased from 17,663 metric tonnes in FY25 to 25,045 metric tonnes in FY26. This includes 22,691 metric tonnes of municipal solid waste from STPs and 2,354 metric tonnes of hazardous waste from CETPs. The company disposed of all generated waste through incineration, landfilling, or other disposal operations, with only 10 metric tonnes reused.

What the Numbers Show

The divergence between revenue growth and input metrics highlights operational scaling pressures. While the source does not disclose absolute revenue figures for FY26, the sharp rise in total energy consumption (~65% increase) and waste generation (~42% increase) suggests a substantial expansion in project execution or operational throughput compared to the prior year. The increase in energy intensity indicates that this volume growth was not fully offset by efficiency gains.

Social and Governance Metrics

The company employed 1,844 permanent employees as of March 31, 2026, with 100% coverage under health and accident insurance. Employee well-being spending rose to 0.59% of total revenue in FY26, up from 0.38% in FY25. Turnover rates for permanent employees stood at 66.32% in FY26, an increase from 51.88% in FY25.

CSR activities focused on healthcare, education, and hunger eradication, benefiting approximately 14,425 individuals. The company sourced 76.32% of its input material directly from MSMEs/small producers, up from 52.43% in the previous year. No fines, penalties, or regulatory actions were reported during the financial year.

Enviro Infra Engineers board approved a proposed change in the objects and utilisation terms of its Initial Public Offering proceeds on August 21, 2026, subject to shareholder approval.

The board meeting, held under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, commenced at 4:00 pm and concluded at 4:20 pm. The proposed variation also includes a modification of the time limit for utilisation of IPO proceeds. The company stated that further details will be provided in the explanatory statement attached to the notice for shareholder approval.

Key change: funds redirected to Varanasi STP subsidiaries

The primary proposed change involves the creation of a new allocation category. Funds totalling ₹4,445.57 lakhs are proposed to be directed toward infusion into two subsidiaries, Varanasi DDU Nagar STP Private Limited and Varanasi Lohta STP Private Limited, to build a 45 MLD STP and a 60 MLD STP respectively, followed by an Operation and Maintenance period of 15 years on a Hybrid Annuity Model basis under the Namami Gange Programme. The revised timeline for this utilisation is up to March 31, 2027.

This new allocation is sourced from two existing heads: ₹4,319.25 lakhs reallocated from the "Funding inorganic growth through unidentified acquisitions" head, and ₹126.32 lakhs reallocated from the "Issue Expenses" head.

Revised IPO proceeds utilisation breakdown

The table below sets out the proposed variation in detail. The total IPO proceeds allocation remains unchanged at ₹57,234.96 lakhs.

Note: The total amount to be used for General Corporate Purposes will not exceed 25% of the gross proceeds of the IPO, i.e., ₹14,308.00 lakhs.

Regulatory note on exit offer

The company noted that it has utilised more than 75% of the IPO proceeds toward the objects of the IPO. As a result, the conditions for applicability of the exit offer under Regulation 59 read with Schedule XX of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, do not apply to this proposed variation.