honda india power products has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 to the Bombay Stock Exchange and the National Stock Exchange of India Limited. The filing, dated July 31, 2026, details the company’s performance across environmental, social, and governance parameters, noting that it achieved a carbon dioxide reduction of 74.75 tons, surpassing its target of 42.74 tons for the period.

The disclosure is made pursuant to Regulation 34(2)(f) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Sunita Ganjoo, Company Secretary and Compliance Officer, signed the submission. The report covers standalone operations and confirms that no reasonable assurance was obtained from an external agency for the BRSR core metrics.

Environmental Performance

The company reported total energy consumption of 39,634 GJ in FY26, down from 44,829 GJ in the previous year. This reduction contributed to an improved energy intensity per rupee of turnover, which fell to 0.46 from 0.56. Water withdrawal remained entirely from groundwater sources, totaling 44,028 kiloliters, compared to 55,464 kiloliters in FY25. The facility operates in Gautam Budh Nagar, identified as a critical water zone, and adheres to Zero Liquid Discharge principles by recycling treated wastewater for industrial cooling and gardening.

Greenhouse gas emissions saw a mixed trend; Scope 1 emissions decreased to 1,272 metric tonnes of CO2 equivalent from 2,009 metric tonnes, while Scope 2 emissions rose to 3,232 metric tonnes from 1,846 metric tonnes. Total waste generated declined to 700.89 metric tonnes, with 694 metric tonnes recovered through recycling.

Social and Governance Metrics

The company employed 489 permanent and non-permanent employees and 629 workers at the end of FY26. Female representation among employees stood at 5%, while workers included 3% females. The organization reported zero lost-time injuries, fatalities, or high-consequence work-related incidents for both employees and workers. Training coverage reached 73% of employees and 81% of workers on health and safety measures.

Governance structures include a Steering Committee comprising senior management and executive directors to oversee business responsibility policies. The company confirmed no complaints were received regarding conflict of interest, sexual harassment, or discrimination during the reporting period. All directors and key managerial personnel completed training on business ethics and insider trading regulations.

What the Numbers Show

The divergence between declining Scope 1 emissions and rising Scope 2 emissions suggests that while operational fuel efficiency improved—aided by initiatives like thermal painting on furnaces and LED lighting—the company’s reliance on grid electricity increased its indirect carbon footprint. Despite this, the overall energy intensity per rupee of turnover improved, indicating better resource efficiency relative to revenue generation of INR 86,545 Lakhs.

Honda India Power Products reported a 22% year-on-year rise in revenue to ₹189.25 crore for the quarter ended June 30, 2026, driven by a sharp increase in export sales. Net profit grew 17% to ₹11.10 crore, while EBITDA expanded 71% to ₹14.40 crore as operating margins improved. The Board of Directors also approved the appointment of Sameer Jain as Chief Financial Officer, succeeding Vinay Mittal who is retiring.

Q1FY27 Financial Highlights

The company's top-line growth was primarily fueled by international markets, where revenue surged nearly fourfold compared to the previous year. Domestic revenue remained relatively flat, indicating that the overall growth momentum is currently dependent on overseas demand. The following table outlines the key financial metrics for the quarter:

Export-Led Growth Trajectory

Revenue from contracts with customers outside India jumped to ₹58.40 crore in Q1FY27, up from ₹15.83 crore in the same period last year. In contrast, domestic revenue from India stood at ₹128.21 crore, slightly down from ₹137.62 crore year-on-year. This divergence highlights a strategic shift or market-specific strength in international territories, which accounted for approximately 31% of total contract revenue this quarter, compared to just 10% in Q1FY26.

Leadership Transition

The Board approved the appointment of Sameer Jain as Chief Financial Officer, effective October 1, 2026. He will replace Vinay Mittal, who is retiring from the company on September 30, 2026. Additionally, Mittal has resigned from his position as Whole Time Director, effective September 1, 2026. Jain brings nearly three decades of experience in business planning, treasury operations, and tax compliance, having previously been honored as "Finance Leader of the Year - Auto 2023".

Operational Efficiency and Margins

The significant expansion in EBITDA margin to 7.62% from 5.45% reflects improved cost management and operational leverage. While employee benefits expenses increased slightly to ₹35.06 crore from ₹34.13 crore, other expenses rose to ₹33.33 crore from ₹26.67 crore. Despite higher other expenses, the substantial volume growth in high-margin export sales helped drive overall profitability. The statutory auditors, B S R & Co. LLP, issued an unmodified limited review report on the unaudited financial results.