Rossell India Limited has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-2026 with BSE Limited and the National Stock Exchange of India Ltd, dated 27th July, 2026. The report has been submitted in compliance with Regulation 34(2)(f) read with Regulation 3 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended vide SEBI notification No. SEBI/LAD-NRO/GN/2021/22 dated 5th May, 2021. The disclosures are made on a standalone basis, with the company reporting no holding, subsidiary, or associate company as on the date of the report.

Company Overview and Financial Profile

Incorporated in 1994 and headquartered at Jindal Towers, Kolkata, Rossell India Limited operates primarily in the cultivation, manufacture, and sale of tea. The company's paid-up capital stands at INR 7,53,92,950. Tea-related activities account for 99.82% of total turnover, with exports constituting 25.09% of total turnover across six international markets. The company operates nine locations nationally — seven plants and two offices — all within India, with no international operations.

Workforce and Employee Well-Being

As at the end of FY 2025-2026, Rossell India Limited employs a total workforce of 595 employees and 12,965 workers. Women constitute 9% of total employees and 58% of total workers. The Board of Directors comprises 6 members, of whom 2 (33%) are female, while Key Management Personnel includes 3 individuals, of whom 1 (33%) is female. All permanent employees and workers are members of recognized unions, and 100% are covered under Provident Fund and Gratuity schemes.

Well-being expenditure as a percentage of total revenue stood at 4.31% in FY 2025-2026, compared to 4.34% in FY 2024-2025. All permanent employees and workers receive 100% health insurance coverage through estate hospitals. The return-to-work and retention rates for female employees and workers who took parental leave were both 100% in FY 2025-2026.

Energy Consumption and Environmental Performance

Rossell India Limited reported total energy consumption of 192,625 GJ in FY 2025-2026, compared to 136,301 GJ in FY 2024-2025. Renewable energy consumption rose significantly to 3,257 GJ from 1,086 GJ in the prior year, reflecting the company's ongoing solar power installations. The company invested ₹ 258.70 lakhs in solar power plants at Dikom TE and Dhoedaam TE during FY 2025-2026, representing 19.93% of total capex.

Total Scope 1 emissions were 11,266 metric tonnes of CO₂ equivalent in FY 2025-2026, up from 8,142 metric tonnes in FY 2024-2025. Scope 2 emissions stood at 6,051 metric tonnes of CO₂ equivalent, compared to 2,822 metric tonnes in the prior year. Total water withdrawal increased to 15,768 kilolitres in FY 2025-2026 from 12,085 kilolitres in FY 2024-2025, sourced primarily from groundwater (15,693 kilolitres). Total waste generated was 4.10 metric tonnes in FY 2025-2026, of which all 4.10 metric tonnes were recovered through recycling.

Governance, Policies, and Compliance

The company's policies cover all nine principles of the National Guidelines on Responsible Business Conduct (NGRBC), including Transparency & Accountability, Product Responsibility, Employee Development, Stakeholder Engagement, Human Rights, Environment, Public Advocacy, Inclusive Growth, and Customer Value. All policies mandated by law have received formal Board approval. Rossell India Limited adheres to internationally recognized certifications including Rainforest Alliance, Trustea, FSSC 22000, and FSSAI. External audits are conducted by Indocert for Rainforest Alliance and Trustea certifications, and by BSI for FSSC 22000.

No fines, penalties, or disciplinary actions were recorded against the company, its directors, or Key Managerial Personnel during FY 2025-2026. Shareholder complaints filed during FY 2025-2026 stood at 3, all of which were resolved with nil pending at year-end, compared to 8 complaints filed in FY 2024-2025, also fully resolved. The company is affiliated with five trade and industry chambers at the national level, including the Indian Tea Association, Tea Research Association, Calcutta Tea Traders' Association, FIEO, and the Guwahati Tea Auction Committee.

Material ESG Issues and Sustainability Initiatives

The BRSR identifies four material responsible business conduct issues — Water Management, Training & Skill Development, Climate Change, and Occupational Health & Safety — with the first two classified as opportunities and the latter two as risks. To address climate-related risks, the company has adopted Regen Agri projects for soil rejuvenation, initiated Biochar production for soil improvement, and implemented structured drainage systems during heavy rainfall. The company's Research & Development expenditure included a membership subscription to the Tea Research Association amounting to ₹ 19.09 lakhs for FY 2025-2026, compared to ₹ 19.01 lakhs for FY 2024-2025.

In FY 2025-2026, 69% of permanent workers received health and safety training, and 44% received skill upgradation training. Human rights training coverage reached 63% of total workers and 78% of total employees. All plants and offices were assessed at 100% for health and safety practices, working conditions, child labour, forced labour, sexual harassment, discrimination, and wages. No complaints related to working conditions, health and safety, sexual harassment, child labour, forced labour, wages, or human rights were filed during FY 2025-2026. The company reported 100% of wages paid to persons employed in rural locations in both FY 2025-2026 and FY 2024-2025, reflecting its plantation-based operational footprint.

rossell reported record revenue from operations of ₹22,069.27 lakhs for the financial year ended March 31, 2026, marking a 24.44% increase compared to ₹17,734.95 lakhs in the previous year. The surge was driven by higher production volumes following the acquisition of Dhoedaam Tea Estate, which strengthened the company’s production base. Despite the top-line growth, net profit fell 19.5% to ₹1,585.63 lakhs from ₹1,968.84 lakhs in FY25, pressured by rising finance costs and an exceptional one-time charge related to new labor codes. The company also declared a dividend of ₹0.40 per equity share.

The Board of Directors convened its 32nd Annual General Meeting on August 25, 2026, via video conferencing to approve these financial statements. Key agenda items included the re-appointment of Harsh Mohan Gupta as Executive Chairman and Managing Director for three years, commencing April 1, 2027, and Samara Gupta as Whole Time Director for three years, starting February 9, 2027. Additionally, shareholders approved the appointment of Digant Mahesh Parikh as a Whole Time Director effective August 26, 2026. The meeting also ratified the remuneration of M/s. Shome & Banerjee as Cost Auditors for FY27.

Financial Performance

Revenue grew significantly due to increased own crop production of 66.86 lakh kgs across seven tea estates, up from 50.64 lakh kgs in the prior year. While EBITDA remained stable at ₹2,971.29 lakhs, profit margins were squeezed by higher interest expenses and depreciation charges of ₹518.08 lakhs. An exceptional item of ₹24.09 lakhs was recorded due to incremental gratuity liability arising from new labor codes.

Operational Highlights

Total tea production reached 71.23 lakh kgs, the highest ever recorded by the company. Orthodox tea production increased to 30.71 lakh kgs, while CTC production stood at 40.52 lakh kgs. Exports rose 8.37% to 12.43 lakh kgs, with significant volume increases to the United Kingdom, Germany, and Poland. Average realizations remained above industry averages, with Orthodox tea fetching ₹313.33 per kg and CTC tea ₹307.40 per kg.

What the Numbers Show

The divergence between robust revenue growth and declining net profitability highlights the impact of leverage on Rossell India’s bottom line. Finance costs nearly doubled to ₹679.06 lakhs, eroding the operational gains from the Dhoedaam acquisition. Furthermore, the company reported an embezzlement of ₹25.72 lakhs at Romai Tea Estate, which has been charged off as an expense. This incident underscores internal control vulnerabilities that management is addressing through strengthened audit procedures.