HPL Electric & Power has filed its Business Responsibility and Sustainability Report (BRSR) for FY26, detailing its environmental, social, and governance performance. The report outlines specific targets for greenhouse gas emissions and renewable energy adoption across its manufacturing operations.

The company reported total revenue from operations of ₹18,579.9 crore for the fiscal year. Its sustainability framework focuses on reducing carbon intensity through energy efficiency measures and expanding on-site solar generation.

Environmental Metrics and Targets

HPL Electric & Power established a baseline for its greenhouse gas emissions during FY26. The company recorded combined Scope 1 and Scope 2 emissions of 13,369.65 tCO2e. Scope 1 emissions stood at 759.47 metric tons of CO2, while Scope 2 emissions were 12,610.18 metric tons of CO2.

The entity has committed to a 7.4% reduction in Scope 1 emissions against the FY26 baseline by the close of FY27. This reduction pathway will be driven by fuel-efficiency improvements, optimization of diesel-generator running hours, and progressive electrification of on-site equipment.

Renewable energy contributed 1,030.62 GJ to the company's energy mix through on-site rooftop solar commissioned at its Gurugram facility. Total energy consumption was 66,223.96 GJ, with non-renewable sources accounting for 65,193.34 GJ. Energy intensity per rupee of turnover remained stable at 0.0000035643 GJ/INR.

Social and Governance Highlights

The company employs 1,296 permanent employees and 1,526 workers. Female representation among permanent employees is 4.01%, while female workers constitute 24.44% of the total worker base. The board includes one female director, representing 16.67% of the total board strength.

Workplace safety remains a priority, with the company reporting zero lost-time injuries and zero fatalities for both employees and workers during FY26. The occupational health and safety management system is aligned with ISO 45001:2018 standards.

In terms of human rights training, 100% of permanent employees received training on human rights issues and policies. Among workers, 10.94% of the total workforce covered under this training were permanent workers, while no non-permanent workers received such training.

What the Numbers Show

The divergence between employee and worker engagement in human rights training is notable. While all permanent employees received comprehensive training, the coverage for the larger contingent workforce—particularly non-permanent workers—remains limited. This gap suggests a potential area for future compliance strengthening as regulatory expectations for value chain disclosures evolve.

HPL Electric & Power has scheduled its 34th Annual General Meeting for September 24, 2026. The meeting will be conducted via video conferencing or other audio-visual means.

The company fixed September 17, 2026, as the record date for determining shareholders eligible for any dividend declared at the meeting.

Meeting Details

The AGM is scheduled to begin at 11:30 am on Thursday, September 24, 2026. The event will comply with circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India.

Shareholder Communication

The Notice of AGM and the Annual Report for FY26 are being sent electronically to members with registered email addresses with the company, Registrar and Transfer Agent, or Depository Participants.

Shareholders without registered email addresses will receive a letter containing a web link to access the complete Annual Report details.

Regulatory Compliance

The disclosure was made pursuant to Regulations 30, 34, and 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Vivek Kumar, Company Secretary, signed the intimation on September 1, 2026.