Paradeep Phosphates posts zero lost-time injuries in FY26 BRSR
Lost-time injury frequency rate fell to 0 for employees and workers in FY26. Total energy consumption rose to 21,873,233.34 GJ due to expanded plant operations. Water intensity improved to 59.48 KL/Million rupees from 73.67 KL/Million. Scope 1 and 2 emissions increased to 8,14,982.93 tonnes of CO₂ equivalent. Renewable energy consumption more than doubled to 1,338.50 GJ.
*this image is generated using AI for illustrative purposes only.
Paradeep Phosphates filed its Business Responsibility and Sustainability Report (BRSR) for FY26, recording zero lost-time injury frequency rate for employees and workers. The fertilizer manufacturer also reported a significant expansion in its operational footprint following the integration of Mangalore Chemicals and Fertilizers Limited.
The filing, dated August 25, 2026, discloses that the company's total energy consumption rose to 21,873,233.34 GJ, up from 15,126,324.00 GJ in the prior year. This increase aligns with the inclusion of two additional manufacturing plants—Mangalore and Mahad—broadening the reporting boundary from two to four facilities. Despite the higher absolute consumption, energy intensity per rupee of turnover improved to 100.21 GJ/million ₹, down from 109.4 GJ/million ₹.
Operational Safety and Workforce
Safety metrics remained strong throughout the fiscal year. The company reported no fatalities, permanent disabilities, or high-consequence work-related injuries. The Lost Time Injury Frequency Rate (LTIFR) dropped to 0 for both employees and workers, compared to 0.96 and 0.58 respectively in FY25.
The workforce composition saw a reclassification of certain categories. As of March 31, 2026, the company employed 2,163 permanent employees and 4,945 non-permanent workers. Female representation among permanent employees stood at 4.8%, while women constituted 4.7% of the worker population. Turnover rates for permanent employees decreased to 7.4% from 10.2% in FY24.
Environmental Performance
Water management initiatives contributed to a reduction in water intensity. Total water withdrawal increased to 12,982,987.00 kiloliters, yet water intensity per rupee of turnover fell to 59.48 KL/Million from 73.67 KL/Million. The company maintains Zero Liquid Discharge (ZLD) mechanisms across its plants, utilizing closed-loop water cycles and effluent treatment systems.
Greenhouse gas emissions showed mixed trends when viewed against production volumes. Total Scope 1 and Scope 2 emissions rose to 8,14,982.93 tonnes of CO₂ eq. from 5,36,817 tonnes in FY25. However, emission intensity per rupee of turnover declined slightly to 3.73 tonnes of CO₂ eq./Million rupees from 3.88 tonnes. Renewable energy consumption more than doubled to 1,338.50 GJ from 672.8 GJ, reflecting expanded solar and wind initiatives.
What the Numbers Show
A notable divergence exists between absolute environmental footprints and efficiency metrics. While total energy consumption and GHG emissions surged due to the consolidation of four plants under a unified reporting boundary, intensity ratios improved across energy, water, and waste categories. For instance, waste intensity per rupee of turnover dropped significantly to 11.53 MT/Million ₹ from 17.6 MT/Million ₹, indicating that operational scale-up has been accompanied by enhanced resource efficiency rather than proportional waste generation.
Historical Stock Returns for Paradeep Phosphates
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +7.18% | +9.18% | +17.67% | +38.73% | -28.87% | +264.74% |
How will the integration of Mangalore and Mahad plants impact Paradeep Phosphates' long-term capital expenditure requirements for maintaining improved energy intensity ratios?
What specific regulatory or market risks could arise from the significant increase in absolute Scope 1 and Scope 2 greenhouse gas emissions despite improved efficiency metrics?
How might the low female representation (under 5%) in permanent roles affect the company's ESG ratings and investor appeal in the coming fiscal years?
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