Jindal Poly Films files FY26 BRSR report with ESG disclosures

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Reviewed by
Ashish TScanX News Team
Key Highlights
  • Jindal Poly Films filed its standalone BRSR for FY26 on September 8, 2026
  • Nonwoven fabric manufacturing accounts for 100% of turnover; exports at 18%
  • Renewable energy consumption rose sharply to 2.16 crore units from 32 lakh units
  • Worker turnover rate stood at 54.5%, significantly higher than the 30.7% for employees
  • Scope 1 and Scope 2 greenhouse gas emissions both declined year-on-year
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*this image is generated using AI for illustrative purposes only.

Jindal Poly Films has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026, to the stock exchanges. The filing, dated September 8, 2026, provides a standalone view of the company’s environmental, social, and governance performance alongside its operational metrics.

The report confirms that the company’s primary business activity accounts for 100% of its turnover, focused on the manufacturing of polypropylene-based nonwoven fabric. Exports contributed 18% to the total turnover during the period.

What the Numbers Show

A notable divergence exists between the company’s employee and worker retention dynamics. While permanent employees saw a turnover rate of 30.7%, permanent workers experienced a significantly higher churn rate of 54.5%. This disparity highlights distinct stability challenges within the workforce segments despite full coverage of health and accident insurance for both groups.

Environmental Metrics

The company reported a slight increase in total energy consumption to 31,16,11,260 units in FY26, up from 30,80,13,510 units in FY25. However, renewable energy usage surged to 2,16,80,042 units, compared to 32,12,939 units in the prior year. Greenhouse gas emissions saw mixed trends: Scope 1 emissions fell to 516 metric tons of CO2 equivalent from 574 metric tons, while Scope 2 emissions decreased to 58,073 metric tons from 60,480 metric tons.

Metric FY26 FY25
Total Energy Consumption 31,16,11,260 30,80,13,510
Renewable Energy Usage 2,16,80,042 32,12,939
Scope 1 Emissions (MT CO2e) 516 574
Scope 2 Emissions (MT CO2e) 58,073 60,480

Social and Governance Disclosures

The company employs 184 permanent employees and 253 workers. Women constitute 21% of permanent employees and 11% of workers. The report notes zero lost-time injury frequency rates for both employees and workers in FY26. Additionally, the company disclosed a penalty of ₹9,65,000 paid to stock exchanges for delayed submission of financial results, though an appeal led to the waiver of a portion of this fine.

Historical Stock Returns for Jindal Poly Films

1 Day5 Days1 Month6 Months1 Year5 Years
-2.19%+8.31%+10.29%-11.00%+17.41%-29.24%

How might Jindal Poly Films' aggressive shift toward renewable energy usage impact its long-term operational costs and carbon footprint targets?

What specific retention strategies is the company implementing to address the high churn rate among permanent workers compared to permanent employees?

Will the recent penalty for delayed financial submissions signal broader governance challenges, or was it an isolated incident with corrective measures in place?

Jindal Poly Films sets Sep 30 AGM; no dividend declared for FY26

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Jindal Poly Films schedules its 52nd AGM for September 30, 2026
  • No interim or final dividend is recommended for FY26
  • Reappointment of directors Vijender Kumar Singhal and Sanjeev Aggarwal on agenda
  • E-voting opens September 27 and closes September 29, 2026
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*this image is generated using AI for illustrative purposes only.

Jindal Poly Films has scheduled its 52nd Annual General Meeting for Wednesday, September 30, 2026. The Board of Directors confirmed that no interim or final dividend is recommended for the financial year ended March 31, 2026.

The Board approved the date and related logistics during its meeting held on September 5, 2026. Director Prakash Matai signed the disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Agenda and Resolutions

The AGM will address ordinary business including the adoption of standalone and consolidated audited financial statements for FY26. Additionally, the meeting will consider the reappointment of retiring director Mr. Vijender Kumar Singhal by rotation.

Under special business, shareholders will vote on the reappointment of Mr. Sanjeev Aggarwal as an Independent Director for a second term of four years, commencing October 1, 2026, and ending September 30, 2030. Mr. Aggarwal, who holds a Physics Honours degree and LLB from Delhi University, brings over 23 years of management experience.

Voting and Logistics

The company fixed Wednesday, September 23, 2026, as the cut-off date to determine members eligible to vote. Consequently, the Register of Members and Share Transfer Books will remain closed from Thursday, September 24, 2026, through Wednesday, September 30, 2026.

The AGM will take place at M Garden Hotel in Bulandshahr, Uttar Pradesh, commencing at 1:00 pm. Eligible shareholders can exercise their voting rights via e-voting starting at 9:00 am on Sunday, September 27, 2026. The electronic voting facility closes at 5:00 pm on Tuesday, September 29, 2026.

Mr. Deepak Kukreja, a practicing Company Secretary with DMK Associates, has been appointed as the Scrutinizer for the voting process. In his absence, Mrs. Monika Kohli, also a partner at DMK Associates, will serve as the alternate Scrutinizer.

Historical Stock Returns for Jindal Poly Films

1 Day5 Days1 Month6 Months1 Year5 Years
-2.19%+8.31%+10.29%-11.00%+17.41%-29.24%

How will the decision to skip dividends for FY26 impact Jindal Poly Films' stock valuation and investor sentiment in the near term?

What strategic capital allocation plans is management likely pursuing instead of distributing cash, given the zero-dividend recommendation?

Could the reappointment of Independent Director Sanjeev Aggarwal signal any upcoming shifts in corporate governance or strategic direction for the company?

More News on Jindal Poly Films

1 Year Returns:+17.41%