Expleo Solutions Limited Submits Business Responsibility and Sustainability Report for FY 2025-26

5 min read     Updated on 30 Jul 2026, 03:49 PM
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Expleo Solutions Limited submitted its BRSR for FY 2025-26, reporting a total workforce of 4,177 employees with exports at 84.48% of turnover. The company achieved a total CO2e reduction of 139.7 tCO2e across India facilities and reduced total energy consumption to 1,00,37,221 MJ in FY 2025-26 from 1,05,96,443 MJ in FY 2024-25. Zero safety incidents, zero monetary penalties, and zero data breaches were recorded during the year, while the company received multiple ESG-related industry awards including a Corporate Excellence Award – Diamond for Space Optimisation.

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Expleo Solutions Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2025-26 to the stock exchanges on July 30, 2026, pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report, which also forms part of the company's Annual Report for FY 2025-26, provides a comprehensive disclosure of the company's responsible business conduct across environmental, social, and governance dimensions.

Company Overview and Operations

Expleo Solutions Limited is an engineering and technology company incorporated in 1998, with its registered and corporate office at 6A, Sixth Floor, Prince InfoCity II, No. 283/3 & 283/4, Rajiv Gandhi Salai (OMR), Kandanchavadi, Chennai - 600 096. The company operates under CIN L64202TN1998PLC066604 and reports on a consolidated basis. Its business activities are entirely classified under Computer Programming, Consultancy and Related Activities (NIC Code: 62011 - Software Testing Service), accounting for 100% of turnover. The company serves customers across 7 states nationally and 31 countries internationally, with exports contributing 84.48% of total turnover.

The company's paid-up capital stands at INR 15,51,97,390/-, with a reported turnover of INR 11,079,628,955 and net worth of INR 7,607,918,058 as per CSR disclosures. Expleo Solutions operates 4 national offices and 10 international offices, with the Coimbatore Competence Centre having been closed on February 18, 2026.

Parameter: Details
CIN: L64202TN1998PLC066604
Year of Incorporation: 1998
Paid-up Capital: INR 15,51,97,390/-
Turnover (CSR): INR 11,079,628,955
Net Worth (CSR): INR 7,607,918,058
National Offices: 4
International Offices: 10
Export Contribution: 84.48% of total turnover
National Markets (States): 7
International Markets (Countries): 31

Workforce Composition

As of March 31, 2026, Expleo Solutions reported a total workforce of 4,177 employees, comprising 3,968 permanent and 209 other-than-permanent employees. The workforce has a gender distribution of 65% male and 35% female among permanent employees. The company also reported 9 differently abled permanent employees (7 male, 2 female). There are no workers (as defined under BRSR) on the rolls.

Category: Total Male Male % Female Female %
Permanent Employees: 3968 2573 65% 1395 35%
Other than Permanent: 209 162 78% 47 22%
Total Employees: 4177 2735 65% 1442 35%
Differently Abled (Permanent): 9 7 78% 2 22%

Women represent 33% of the Board of Directors (2 out of 6) and 13% of Key Management Personnel (1 out of 8). The overall employee turnover rate for permanent employees in FY 2025-26 was 25% (male: 28%, female: 20%), compared to 26% in FY 2024-25.

ESG Initiatives and Environmental Performance

Expleo Solutions reported a total CO2e reduction of 139.7 tCO2e (FY2025) across its India facilities through multiple energy and sustainability initiatives. Total energy consumption for FY 2025-26 stood at 1,00,37,221 MJ, compared to 1,05,96,443 MJ in FY 2024-25, reflecting a reduction in overall energy use.

Energy Parameter: FY 2025-26 FY 2024-25
Total Renewable Energy (MJ): 17,90,875 16,89,134
Total Non-Renewable Energy (MJ): 82,46,345 89,07,309
Total Energy Consumed (MJ): 1,00,37,221 1,05,96,443
Energy Intensity per ₹ of Turnover: 0.0009 0.0010
Scope 1 Emissions (MT CO2e): 48.20 57.40
Scope 2 Emissions (MT CO2e): 1,494.28 1,634.60

Note: Scope 1 and Scope 2 GHG data is reported for FY 2024-25 and FY 2023-24 as per the source disclosure.

Total water withdrawal increased to 17,369.911 kilolitres in FY 2025-26 from 11,335.619 kilolitres in FY 2024-25, primarily due to higher third-party water usage. Total waste generated declined to 27.45 metric tonnes in FY 2025-26 from 37.31 metric tonnes in FY 2024-25. Key power-saving initiatives included deployment of USFF-based computers (25 tCO2e reduction), LED lighting with motion sensors (3.2 tCO2e reduction), UPS management at Pune (29 tCO2e reduction), power factor improvement (~53 tCO2e reduction), and overall energy savings of ~2% (34,240 kWh; ~27 tCO2e reduction).

The company received multiple sustainability recognitions, including a Corporate Excellence Award – Diamond for Space Optimisation (April 2026), a Leader of the Year – Platinum for Cafeteria Management (November 2025), and a Corporate Excellence Award – Gold for EHS Innovation (May 2025), among others.

Governance, Training, and Human Rights

Mr. Phani Tangirala, Managing Director & CEO (DIN: 01871595), is the highest authority responsible for implementation and oversight of the BRSR policy and sustainability-related decision-making. The company's policies across all nine NGRBC principles have been approved by the Board and are reviewed annually.

Expleo Solutions conducted 5,888 training and awareness programmes for employees other than Board and KMPs during FY 2025-26, achieving a coverage of 99.00%. Board of Directors and KMPs participated in 6 programmes each, covering topics including Code of Conduct, Information Security, Data Protection, and Leadership Skills. A total of 4,161 out of 4,177 employees (100%) received training on human rights issues and policies in FY 2025-26.

Key compliance and grievance metrics for FY 2025-26 include:

  • Zero monetary penalties, fines, or compounding fees
  • Zero complaints related to sexual harassment, discrimination, or conflict of interest
  • 8 customer complaints filed (all resolved; 0 pending at year-end)
  • Zero safety incidents (Lost Time Injury Frequency Rate: 0 for employees)
  • Zero data breaches reported

The company holds certifications including ISO 9001, ISO 27001, SSAE 18/ISAE 3402, PCI DSS, AS 9100, and TISAX, with policies periodically reviewed by ISO Auditors, Internal Auditors, and Secretarial Auditors. All 100% of permanent employees are covered under health insurance, with gratuity coverage at 100.00% and PF coverage at 99.92% for FY 2025-26. The cost incurred on employee well-being measures as a percentage of total revenue was 1.35% in FY 2025-26, compared to 1.85% in FY 2024-25 (calculated on a standalone basis).

Historical Stock Returns for Expleo Solutions

1 Day5 Days1 Month6 Months1 Year5 Years
-2.03%+13.16%+12.43%+1.65%-25.98%-21.36%

How might Expleo Solutions' heavy reliance on exports (84.48%) expose it to currency fluctuation risks or geopolitical shifts in its 31 international markets?

Given the 25% employee turnover rate, what strategic initiatives is the company planning to implement to improve retention and reduce recruitment costs in FY 2026-27?

Will the closure of the Coimbatore Competence Centre signal a broader trend of consolidating operations to optimize costs, and how will this impact service delivery timelines?

Expleo Solutions FY26 Annual Report: Revenue Up 8.1%, ₹110 Dividend Proposed

5 min read     Updated on 30 Jul 2026, 02:40 PM
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AI Summary

Expleo Solutions Limited submitted its FY26 Annual Report to stock exchanges, reporting consolidated revenue from operations of ₹11,080 Mn (up 8.12% YoY) and profit after tax of ₹1,239.82 Mn. The Board recommended a final dividend of ₹110 per share, with the 28th AGM set for August 26, 2026, and TDS document submission deadline of August 6, 2026. The company added 42 new clients, expanded its Middle East presence, and incorporated a new subsidiary in GIFT City.

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Expleo Solutions Limited has submitted its Annual Report for the financial year 2025-26 to the BSE Limited and National Stock Exchange of India Limited, pursuant to Regulation 34(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report accompanies the Notice of the 28th Annual General Meeting (AGM) scheduled for Wednesday, August 26, 2026, to be held via Video Conferencing (VC) or Other Audio Visual Means (OAVM).

Financial Performance

The company delivered a strong performance for the financial year ended March 31, 2026. The following table summarises the key consolidated and standalone financial highlights:

Metric: Consolidated FY26 Consolidated FY25 Standalone FY26 Standalone FY25
Total Income (₹ Mn): 11,458.51 10,410.00 9,687.84 10,351.40
Revenue from Operations (₹ Mn): 11,080 10,248 9,390.58 10,247.96
Profit Before Tax (₹ Mn): 1,625.65 1,392.40 1,328.32 1,278.76
Profit After Tax (₹ Mn): 1,239.82 1,032.43 1,001.92 953.44
Total Comprehensive Income (₹ Mn): 1,404.68 1,022.92 1,056.58 947.47
Basic EPS (₹): 79.89 66.52 64.56 61.43

Total operating revenue on a consolidated basis was ₹11,079.63 Mn, representing an 8.12% increase over the previous year's ₹10,247.96 Mn. Total comprehensive income stood at ₹1,404.68 Mn (12.26% of total income), compared to ₹1,022.92 Mn (9.83%) in the prior year. The company's net worth as of March 31, 2026, stood at ₹7,763.12 Mn, up from ₹6,358.44 Mn in the previous year. Cash and cash equivalents increased to ₹3,757.49 Mn from ₹2,293.58 Mn.

Business and Operations Review

Europe remained the largest revenue contributor at 40% (vs. 37% previously), while India contributed 16%, the Middle East 12%, the UK 14%, and the United States 14%. The offshore-to-onsite revenue ratio improved to 75:25 from 65:35 in the prior year. Banking, Financial Services, and Insurance (BFSI) contributed 81% of revenue with 12.8% growth; Aerospace contributed 10% with 7.8% growth; and the Automotive sector contributed 9% but recorded a degrowth of 22% due to global headwinds. Digital services accounted for 50.05% of total revenue, up from 48.09% in the prior year. The company added 42 new clients during the year, compared to 27 in the previous year, bringing the total client base to 203.

Key Financial Ratio: FY 2025-26 FY 2024-25
Current Ratio: 5.55 3.90
Return on Equity Ratio: 17.56% 16.56%
Net Profit Ratio: 11.19% 10.07%
Return on Capital Employed: 21.24% 21.84%
Basic EPS (₹): 79.89 66.52
Days Sales Outstanding (DSO): 91 96

Middle East performance reached ₹1,319 Mn, with the company's Saudi Arabia entity contributing to growth across the UAE and Egypt. The company's workforce stood at 3,968 permanent employees (consolidated) as of March 31, 2026, with women comprising 35% of the consolidated workforce. Attrition stood at 25% versus 24% in the prior year.

Dividend and Corporate Developments

The Board of Directors recommended a Final Dividend of ₹110 per equity share (1,100% on face value of ₹10 per share) at its adjourned meeting held on July 28, 2026, subject to shareholder approval at the 28th AGM. The record date for dividend eligibility is Saturday, August 1, 2026. Shareholders holding shares as of that date will be eligible. If approved, the dividend will be credited on or before Friday, September 25, 2026.

Dividend Parameter: Details
Dividend Per Share: ₹110 (Final, FY26)
Face Value: ₹10 per share
Yield on Face Value: 1,100%
Record Date: August 1, 2026
AGM Date: August 26, 2026
Dividend Payment Deadline: September 25, 2026

Dividends are taxable in the hands of shareholders under the Income-tax Act, 2025. The company will deduct TDS at applicable rates. Shareholders must submit relevant documents to Registrar and Share Transfer Agent Cameo Corporate Services Limited via their portal on or before Thursday, August 6, 2026, 5:00 p.m. IST, to determine the applicable TDS rate. Documents received after this deadline or through unauthorised modes will not be considered.

Shareholder Category: Applicable TDS Rate: Key Requirement:
Resident with Valid PAN: 10% Update PAN with depository/RTA; link PAN with Aadhaar
Resident without/Invalid PAN: 20% PAN treated as inoperative if not linked to Aadhaar
Resident Individual (Form 121): NIL Submit declaration if income below taxable limit
Non-Resident (FII/FPI): 20% or Treaty Rate Submit Form 41, TRC, and SEBI registration
Non-Resident Others: 20% or Treaty Rate Submit Form 41, TRC, and beneficial ownership declaration

Capital Expenditure, Subsidiaries, and CSR

During FY26, the company added ₹30.65 Mn to its gross block, comprising ₹8.96 Mn on building and lease, ₹10.23 Mn on technology infrastructure, and ₹11.46 Mn on physical infrastructure. Liquid assets stood at ₹3,632.17 Mn at year-end, up from ₹2,174.86 Mn previously.

The company currently operates through five wholly owned subsidiaries — in Singapore, the UK, the USA, Dubai, and Saudi Arabia — and incorporated a new wholly owned subsidiary, Expleo Solutions GIFT IFSC Limited, in GIFT City, Gujarat, India, on June 14, 2026. The Coimbatore competence centre was closed and consolidated with the MEPZ branch in Chennai for operational efficiency.

CSR expenditure for the year amounted to ₹25.55 Mn against an obligation of ₹25.54 Mn, resulting in a marginal excess spend of ₹8,381. Activities focused on STEM education for underprivileged communities across Chennai, Pune, Bengaluru, and Andhra Pradesh, through partners including Agastya International Foundation, Vidya Sagar, Siruthuli, and Swadha Foundation.

AGM and Compliance

The 28th AGM will be conducted via VC/OAVM on August 26, 2026, at 3:30 p.m. IST. The Register of Members and Share Transfer Books will remain closed from August 19, 2026, to August 26, 2026 (both days inclusive). Remote e-voting will be available from August 22, 2026 (9:00 a.m. IST) to August 25, 2026 (5:00 p.m. IST). The cut-off date for voting eligibility is Wednesday, August 19, 2026. S. Sampath Kumar, Company Secretary and Compliance Officer, signed the intimation submitted to the stock exchanges.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE201K01015/36cc4401-4fd1-45f5-bba2-d8cd361e8547.pdf

Historical Stock Returns for Expleo Solutions

1 Day5 Days1 Month6 Months1 Year5 Years
-2.03%+13.16%+12.43%+1.65%-25.98%-21.36%

How will the new subsidiary in GIFT City, Expleo Solutions GIFT IFSC Limited, impact the company's tax efficiency and cross-border service delivery capabilities?

Given the 22% degrowth in the Automotive sector, what specific strategic pivots or new partnerships is Expleo pursuing to reverse this trend in FY27?

With the offshore-to-onsite revenue ratio improving to 75:25, how does management plan to sustain margin expansion amidst rising global labor costs and potential reshoring trends?

More News on Expleo Solutions

1 Year Returns:-25.98%