NCC Limited submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 to the National Stock Exchange of India Limited and BSE Limited on July 27, 2026. The filing, made in compliance with Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, provides a standalone disclosure of the company’s environmental, social, and governance performance across 186 operational sites in India and one international office. The report forms part of the Integrated Annual Report 2025-26 and has received independent reasonable assurance from SGS India Private Limited under ISAE 3000 (Revised) and ISAE 3410 standards.

Environmental Performance and Efficiency

NCC Limited reported a significant reduction in energy intensity during FY2025-26. Total energy consumption stood at 13,91,292 GJ, down from 18,67,545 GJ in FY2024-25, driven by a shift toward renewable sources which contributed 1,527 GJ compared to 514 GJ in the prior year. Consequently, energy intensity improved to 78.7 GJ per crore of turnover from 96.3 GJ in FY2024-25.

Greenhouse gas emissions also declined. Scope 1 emissions were recorded at 88,331 metric tonnes of CO2 equivalent (MTCO2e), a decrease from 1,19,629 MTCO2e in FY2024-25. Scope 2 emissions totaled 21,573 MTCO2e, down from 26,248 MTCO2e. The combined Scope 1 and 2 intensity dropped to 6.22 MTCO2e per crore of turnover from 7.52 MTCO2e. Water withdrawal decreased to 22,58,696 kiloliters from 26,57,535 kiloliters, with water intensity falling to 127.8 kiloliters per crore of turnover.

Workforce and Safety Metrics

As of March 31, 2026, NCC Limited employed 12,371 permanent and other-than-permanent employees, alongside 19,117 workers. The employee turnover rate rose to 23.03% in FY2025-26 from 16.97% in FY2024-25. Female representation among employees remained at 1.76%, while one of the 11 Board of Directors was female (9%).

Safety performance showed improvement in worker-related incidents. The Lost Time Injury Frequency Rate (LTIFR) for workers fell to 0.12 per million-person hours worked from 0.23 in the previous year. Total recordable work-related injuries for workers decreased to 6 from 10. The company reported two fatalities (one employee, one worker) and zero high-consequence injuries excluding fatalities. All employees and workers received human rights training, achieving 100% coverage.

Governance and Stakeholder Engagement

The ESG Committee, chaired by Independent Director Sri Ramesh Kailasam, oversees business responsibility policies. NCC Limited holds ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, and ISO/IEC 27001:2022 certifications. The company identified 157 value chain partners, comprising 29% of FY2025-26 spend, for ESG assessments. Three awareness programs covered 37% of value chain partners by business value.

Corporate Social Responsibility initiatives benefited over 15,000 individuals, including support for milk banks, education cafes, and rural infrastructure. Input material sourced directly from MSMEs increased to 18% from 10% in FY2024-25. Accounts payable days extended to 113 days from 97 days in the prior year. No monetary or non-monetary penalties for bribery or corruption were reported.

NCC Limited shareholders will vote on the reappointment of promoter A V N Raju as Whole-time Director for five years and approve a significant remuneration revision for Smt. Kausalya Bhupathi Raju, Director (Commercial), at the 36th Annual General Meeting scheduled for August 27, 2026. The governance updates accompany the company’s FY 2025-26 integrated annual report, which recorded a consolidated order book growth of 16% to ₹83,004 crore despite a 6% decline in revenue.

The Board of Directors, meeting on May 15, 2026, recommended these resolutions under the Companies Act, 2013 and SEBI Listing Regulations. A V N Raju, who heads the Electrical & Irrigation Division, will continue his role with effect from May 30, 2026, overseeing strategic projects including BharatNet and smart meter installations. His remuneration structure allows for a basic salary between ₹4.00 lakhs and ₹10.00 lakhs per month, plus perquisites up to 75% of salary and commission up to 0.5% of net profits.

Key Governance Resolutions

Shareholders are also asked to ratify the appointment and pay hike of Smt. Kausalya Bhupathi Raju, who is related to the promoter directors as their sister. Her basic salary will increase from ₹1.06 lakhs to ₹4.00 lakhs per month, effective September 1, 2026, with potential revisions up to ₹10.00 lakhs per month based on performance. The Board deemed this an arm’s length transaction but sought shareholder approval for transparency.

Sri A G K Raju and Sri Utpal H Sheth retire by rotation and offer themselves for reappointment. Sri Utpal H Sheth, a non-executive non-independent director, brings expertise in financial investments and capital markets.

FY26 Financial Context

The governance changes occur against a backdrop of moderated financial performance in FY 2025-26. Consolidated revenue fell 6% to ₹20,823.00 crore from ₹22,199.36 crore in the prior year, driven by delayed realizations and project execution phasing. However, the company improved its consolidated EBITDA margin by 18 basis points to 8.82%, reflecting cost discipline.

The order book composition remains diversified, with Buildings contributing 27%, Transportation 20%, Mining 17%, and Electrical 17%. The construction segment accounted for ₹17,463 crore (78%) of total revenue, while Coal Mining contributed ₹2,710 crore (13%).

Dividend and Shareholder Details

The Board recommended a dividend of ₹2.20 per equity share (110% on face value), totaling ₹138.13 crore, consistent with the previous year. The record date for dividend payment is August 14, 2026. Shareholders must ensure their bank details are KYC-compliant for electronic dividend credits, as physical warrants have been discontinued since November 19, 2025.

Remote e-voting for the AGM commences on August 24, 2026, at 9.00 AM and closes on August 26, 2026, at 5.00 PM. The cut-off date for voting eligibility is August 20, 2026. The meeting will be conducted via Video Conferencing or Other Audio Visual Means, with no physical attendance permitted.