KRBL cuts grid electricity use 48% in FY26, lowers emissions

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Reviewed by
Jubin VScanX News Team
Key Highlights
  • Grid electricity consumption fell 48% YoY due to renewable energy adoption
  • Scope 1 emissions dropped to 3,747.24 MTCO2e from 13,981.66 MTCO2e
  • Non-renewable energy use plummeted nearly 70% to 69,664.82 GJ
  • LTIFR for employees improved to 0.40 from 0.74 per million hours
  • Company recycled 3,620 metric tonnes of plastic waste under EPR norms
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KRBL Limited released its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026, highlighting significant strides in energy efficiency and environmental stewardship. The company reported a 48% reduction in grid electricity consumption compared to the previous year, driven by enhanced operational efficiencies and increased reliance on renewable energy sources.

The filing, submitted to the National Stock Exchange of India Limited and the Bombay Stock Exchange on September 2, 2026, outlines the company’s performance across environmental, social, and governance parameters. KRBL operates five manufacturing plants and two offices nationally, serving customers in over 90 countries. Its flagship brand, India Gate, remains a dominant player in the premium basmati rice segment.

Environmental Performance

KRBL recorded substantial improvements in its carbon footprint during FY26. Total Scope 1 greenhouse gas emissions fell to 3,747.24 metric tonnes of CO2 equivalent (MTCO2e), down from 13,981.66 MTCO2e in FY25. Similarly, Scope 2 emissions decreased to 5,366.87 MTCO2e from 11,215.51 MTCO2e the prior year.

Emission Metric FY26 FY25
Scope 1 Emissions (MTCO2e) 3,747.24 13,981.66
Scope 2 Emissions (MTCO2e) 5,366.87 11,215.51
Energy Intensity (kJ/₹ turnover) 47.58 52.74

Energy intensity per rupee of turnover improved to 47.58 kJ/₹ from 52.74 kJ/₹ in FY25. More than 95% of the energy consumed in operations was derived from renewable sources, primarily through rice husk-based power generation and solar installations. The commissioning of a 1.75 MW turbine at one of its units further strengthened its renewable energy portfolio.

Water withdrawal from water-stressed areas declined by approximately 18%. Total water withdrawal stood at 5,03,515.81 kilolitres, with surface water accounting for the majority of usage. The company maintains zero liquid discharge practices at key facilities, treating wastewater for reuse in boiler operations and gardening.

Social and Governance Highlights

The company employed 2,777 permanent employees and 836 permanent workers as of March 31, 2026. Women constituted 3.10% of total employees and 9.21% of total workers. Board-level representation included two women directors, accounting for 25.00% of the eight-member board.

Occupational health and safety metrics showed improvement, with the Lost Time Injury Frequency Rate (LTIFR) for employees dropping to 0.40 per million person-hours worked, compared to 0.74 in FY25. No fatalities were reported during the year.

What the Numbers Show

The divergence between renewable and non-renewable energy trends underscores KRBL’s strategic shift away from fossil fuels. While total energy consumption remained relatively stable at approximately 29,01,523.65 GJ in FY26 versus 29,50,287.44 GJ in FY25, the composition changed drastically. Non-renewable energy consumption plummeted by nearly 70% to 69,664.82 GJ from 2,32,179.45 GJ, while renewable consumption rose modestly. This structural change directly explains the sharp decline in both Scope 1 and Scope 2 emissions without a corresponding drop in overall operational scale.

Waste and Compliance

Total waste generated increased slightly to 39,715.06 metric tonnes from 37,568.19 metric tonnes in FY25, largely due to non-hazardous waste such as rice husk ash. The company recycled 1,470.79 metric tonnes of waste. Under its Extended Producer Responsibility (EPR) commitments, KRBL collected, recycled, or co-processed 3,620 metric tonnes of plastic waste, maintaining its status as a plastic-neutral organisation since 2019.

The report confirms no penalties or fines were paid to regulatory agencies during the year. The company’s CSR spending covered initiatives including skill training for 1,333 beneficiaries and meal distribution to approximately 6,967 individuals.

Historical Stock Returns for KRBL

1 Day5 Days1 Month6 Months1 Year5 Years
+0.07%+0.33%+20.88%+24.95%-5.11%+74.33%

How will KRBL's shift to renewable energy sources impact its long-term cost structure and profitability margins in the volatile energy market?

What specific strategies is KRBL planning to implement to increase the representation of women in its workforce, given the current 3.10% employee ratio?

Could the slight increase in total waste generation signal operational scaling challenges, and how does KRBL plan to manage non-hazardous waste like rice husk ash more effectively?

KRBL schedules 33rd AGM for Sep 24, recommends ₹4.50 dividend

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Reviewed by
Anirudha BScanX News Team
Key Highlights
  • KRBL Limited schedules its 33rd AGM for September 24, 2026
  • Board recommends final dividend of ₹4.50 per equity share for FY26
  • Mr. Anoop Kumar Gupta retires by rotation and offers himself for re-appointment
  • Shareholders to ratify cost auditor remuneration of ₹80,000 for FY27
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KRBL Limited will hold its 33rd Annual General Meeting on September 24, 2026. The event will be conducted via video conferencing or other audio-visual means.

The Board of Directors has recommended a dividend of ₹4.50 per equity share for the financial year ended March 31, 2026. The face value of each equity share is ₹1. If declared at the AGM, the dividend will be credited within 30 days of the meeting date.

Voting and Record Dates

Shareholders holding shares as on the cut-off date of September 18, 2026, are eligible to vote. The remote e-voting period commences on September 21, 2026, at 9:00 am and concludes on September 23, 2026, at 5:00 pm.

The facility for e-voting is provided by Central Depository Services (India) Limited. Members can participate in the AGM through the VC/OAVM facility only. Physical presence is not required for reckoning the quorum under Section 103 of the Companies Act, 2013.

Share Transfer Window

A special window for the re-lodgement of transfer requests for physical shares remains open from February 5, 2026, to February 4, 2027. This facility facilitates the transfer and dematerialisation of physical securities sold or purchased prior to April 1, 2019.

Requests can be submitted to the Registrar and Share Transfer Agent, Alankit Assignments Limited. The company has dispensed with sending physical copies of the AGM notice and annual report in compliance with MCA circulars and SEBI Listing Regulations.

Ordinary and Special Business

The AGM agenda includes ordinary business items such as receiving and adopting the audited financial statements for FY26. Additionally, shareholders will vote on the re-appointment of Mr. Anoop Kumar Gupta (DIN: 00030160) as a Director, who retires by rotation.

Under special business, the company seeks ratification of the remuneration of Cost Auditors for the financial year ending March 31, 2027. The Board has appointed M/s. HMVN & Associates, Cost Accountants, with a remuneration of ₹80,000 plus applicable taxes and out-of-pocket expenses.

Historical Stock Returns for KRBL

1 Day5 Days1 Month6 Months1 Year5 Years
+0.07%+0.33%+20.88%+24.95%-5.11%+74.33%

How does the proposed dividend of ₹4.50 per share compare to KRBL's payout ratio and historical dividend trends, and what does this signal about management's confidence in future cash flows?

What impact might the re-appointment of Mr. Anoop Kumar Gupta have on KRBL's strategic direction, particularly regarding its expansion plans or operational efficiency in the rice processing sector?

Given the special window for physical share transfers closing in February 2027, how might the resulting increase in dematerialized holdings affect KRBL's shareholder base liquidity and trading volume?

More News on KRBL

1 Year Returns:-5.11%