Ratnamani Metals & Tubes Limited has released its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, detailing its environmental and social governance performance. The report highlights that all four of the company's manufacturing plants operate with zero liquid discharge, ensuring complete recycling and reuse of water within the premises. Additionally, the company increased the share of renewable energy to 23% of its overall energy consumption during the period.

The report covers the standalone financial year ending March 31, 2026. It discloses that the company's total Scope 1 emissions were 11,112.78 MtCO2e and Scope 2 emissions were 27,557.84 MtCO2e. The total energy consumed from renewable sources was 129.86 Tera Joules, while energy from non-renewable sources stood at 319.16 Tera Joules. The total waste generated during the year was 18,960.10 Metric Tonnes, with a waste intensity of 5.14 Metric Tonnes per INR Crore of turnover.

Operational and Employee Metrics

The company reported a total workforce of 5,139 individuals, comprising 1,430 employees and 3,709 workers. The Board of Directors consists of 10 members, with female representation at 10%. The company recorded zero fatalities for both employees and workers during the financial year. The Lost Time Injury Frequency Rate (LTIFR) for workers was 1.054 per one million-person hours worked, while it was zero for employees.

Assurance and Governance

DQS India Private Limited provided independent assurance on the BRSR disclosures. The assurance engagement covered the BRSR Core indicators with a reasonable level of assurance and the non-core indicators with a limited level of assurance. The verification process was conducted from June 23 to July 8, 2026. The company confirmed that it has policies in place covering all nine principles of the National Guidelines on Responsible Business Conduct (NGRBC).

Key Environmental Data FY26

The company noted that its new production facility in Sundergarh, Odisha, commenced production in November 2025, and related data has been considered from that period onward. The Managing Director, along with the Risk Management Committee, oversees the implementation and governance of business responsibility policies.

Ratnamani Metals & Tubes has subscribed to 75% of the equity share capital in its joint venture entity, Ratnamani Middle East Company LLC. The company paid SAR 15,00,000 on June 23, 2026, to acquire 75 equity shares with a face value of SAR 20,000 each. This investment secures the majority stake in the joint venture located in Dammam, Kingdom of Saudi Arabia (KSA).

The joint venture was established with Saudi Electric Supply Company Limited to provide critical tubing solutions to consumers in the KSA and Gulf Co-operation Council (GCC) Countries. The entity was incorporated on August 25, 2025, as Ratnamani Middle East Company LLC. The agreement stipulated that Ratnamani Metals & Tubes would hold 75% of the equity, while the SESCO group would retain the remaining 25%.

The strategic objective of the joint venture includes manufacturing seamless products locally, which are currently imported by consumers in the KSA and GCC regions. This move aims to reduce import dependency and cater to market opportunities in the Middle East and globally. The subscription to shares was completed in accordance with the Joint Venture cum Shareholders Agreement previously signed by the parties.

Financial Details of Subscription

The intimation regarding this subscription was submitted to the exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Anil Maloo, Company Secretary & Compliance Officer, signed the disclosure on behalf of Ratnamani Metals & Tubes Limited.