Nahar Spinning Mills reports 32% renewable energy mix in FY26 sustainability filing
- Renewable energy constituted approximately 32% of total energy consumption in FY26
- Solar capacity expanded by 6.60 MW to reach 19.874 MW via ₹14.04 crore investment
- Total turnover stood at ₹3,21,792.38 lakh with exports contributing 52.81%
- Capital expenditure focused heavily on energy efficiency, rising to 49.38% of combined R&D/capex
*this image is generated using AI for illustrative purposes only.
Nahar Spinning Mills has filed its Business Responsibility and Sustainability Report for FY26, disclosing that renewable energy accounted for approximately 32% of its total energy consumption. The Ludhiana-based textile manufacturer reported a turnover of ₹3,21,792.38 lakh for the period.
The company highlighted significant capital allocation toward clean energy infrastructure, expanding its operational solar capacity by 6.60 MW through an investment of ₹14.04 crore. This addition scaled the aggregate solar power capacity to 19.874 MW. The filing notes that the firm is executing a subsequent expansion phase to increase capacity by a further 4.219 MW, backed by an investment of ₹9.24 crore, scheduled for completion in June 2026.
Operational Metrics
The entity operates eight plants and one office nationally, serving customers across 13 states domestically and 35 countries internationally. Exports contributed 52.81% to the total turnover. The workforce comprises 1,643 permanent employees and 8,220 permanent workers as of the end of the financial year.
| Metric | FY26 Data |
|---|---|
| Total Turnover | ₹3,21,792.38 lakh |
| Net Worth | ₹1,51,211.80 lakh |
| Renewable Energy Share | ~32% |
| Total Solar Capacity | 19.874 MW |
What the Numbers Show
The report discloses a sharp divergence in capital expenditure focus between fiscal years. While R&D investment remained modest at 0.87%, capital expenditure surged to 49.38% of total R&D and capex investments, compared to just 0.03% in FY25. The filing attributes this shift primarily to conservation of energy and resources through the installation of energy-efficient systems, including solar plants and low-carbon technologies.
Environmental and Social Disclosures
Nahar Spinning Mills identified itself as a Designated Consumer under the Performance, Achieve and Trade (PAT) Scheme, successfully achieving targets under PAT Cycle 7. The company reported total energy consumption of 2,149,583 Giga Joules, with energy intensity standing at 0.0000668 Giga Joules per rupee of turnover.
Water management initiatives include the implementation of Zero Liquid Discharge (ZLD) mechanisms. A 600 KLD ZLD system is operational at the Mandideep facility, while a 1,200 KLD plant is under execution at Dhandari Kalan with a capital investment of ₹15 crore. The company also reported one fatality among workers during FY26, compared to zero in the previous year.
Historical Stock Returns for Nahar Spinning Mills
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.89% | -0.12% | +7.55% | +47.49% | +37.23% | -21.30% |
How will the completion of the 4.219 MW solar expansion in June 2026 impact Nahar Spinning Mills' projected renewable energy share and operational cost savings?
What are the potential implications for export competitiveness given that over 52% of turnover comes from international markets increasingly focused on ESG compliance?
How might the significant surge in capital expenditure to 49.38% affect the company's free cash flow and dividend payout policy in the near term?
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