Grauer & Weil files FY26 sustainability report, turnover ₹11,784 crore
- Grauer & Weil filed its BRSR for FY26, reporting a turnover of ₹11,784 crore
- Surface finishing products account for 88% of total turnover
- Top 10 dealers now represent 75.90% of sales to distributors, up from 36%
- Total energy consumption dropped to 21,246.71 units from 51,020.46 units
- Zero lost time injuries recorded for employees and workers

*this image is generated using AI for illustrative purposes only.
Grauer & Weil (India) Limited filed its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026, with the Bombay Stock Exchange. The filing discloses a standalone turnover of ₹11,78,43,85,773 and a net worth of ₹10,81,51,29,627 as per Section 135 of the Companies Act, 2013.
The company’s operations are heavily concentrated in surface finishing chemicals, paints, and lubricants, which account for 88% of its turnover. Engineering plants and equipment contribute the remaining 8%. Grauer & Weil operates six plants and 15 offices across India, serving customers in 28 states and eight union territories. Its international presence spans 52 countries, with exports contributing 5.95% to total turnover.
What the Numbers Show
A significant shift in customer concentration is visible in the latest filing. While the number of dealers and distributors increased from 123 in FY25 to 189 in FY26, the share of sales to the top 10 dealers rose sharply from 36% to 75.90% of total dealer sales. This indicates a growing dependency on a smaller subset of key distribution partners despite an expanding overall dealer network.
Operational Metrics
| Metric | FY26 | FY25 |
|---|---|---|
| Total Energy Consumed | 21,246.71 units | 51,020.46 units |
| Water Withdrawal | 33,972.60 kilolitres | 50,830.32 kilolitres |
| Scope 1 Emissions | 401.53 MT CO2e | 1,711.11 MT CO2e |
| Scope 2 Emissions | 3,027.57 MT CO2e | 3,839.19 MT CO2e |
The company reported a substantial reduction in environmental impact metrics compared to the previous year. Total energy consumption fell from 51,020.46 units in FY25 to 21,246.71 units in FY26. Similarly, water withdrawal decreased by approximately 33%, dropping from 50,830.32 kilolitres to 33,972.60 kilolitres. Greenhouse gas emissions also declined, with Scope 1 emissions falling to 401.53 MT CO2e from 1,711.11 MT CO2e.
Human Capital and Governance
Grauer & Weil employed 971 permanent employees and 16 workers at the end of FY26. Female representation among employees stood at 11.23%, with one woman director on the eight-member board. The company maintained a zero Lost Time Injury Frequency Rate (LTIFR) for both employees and workers during the year.
Grievance mechanisms remained active, with 74 customer complaints and two shareholder complaints filed in FY26, all resolved by year-end. The company paid a penalty of ₹6,41,880 for delays in professional tax filings and employee KYC issues under Principle 1 disclosures. No disciplinary actions were taken against directors or key managerial personnel for bribery or corruption.
Historical Stock Returns for Grauer & Weil
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.07% | +1.86% | -2.95% | 0.0% | 0.0% | 0.0% |
How might the sharp increase in sales concentration among the top 10 dealers impact Grauer & Weil's pricing power and revenue stability in the coming fiscal years?
What specific operational changes or efficiency measures drove the significant reduction in energy consumption and Scope 1 emissions, and are these savings sustainable as production scales?
Given that exports currently contribute only 5.95% to turnover, what strategies is the company pursuing to leverage its presence in 52 countries for higher international growth?


































