Sumitomo Chemical India reports zero safety incidents in FY26

1 min read     Updated on 01 Jul 2026, 04:49 PM
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Riya DScanX News Team
AI Summary

Sumitomo Chemical India Limited filed its Business Responsibility and Sustainability Report for FY26, reporting zero safety incidents and 100% coverage for human rights training. The company disclosed that it achieved a total energy consumption of 403,367 GJ, with 29,797 GJ sourced from renewable energy. The report, which covers the period from 01 April 2025 to 31 March 2026, was assured by M/s Chokshi & Chokshi LLP, Chartered Accountants.

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Sumitomo Chemical India Limited filed its Business Responsibility and Sustainability Report for FY26, reporting zero safety incidents and 100% coverage for human rights training. The company disclosed that it achieved a total energy consumption of 403,367 GJ, with 29,797 GJ sourced from renewable energy. The report, which covers the period from 01 April 2025 to 31 March 2026, was assured by M/s Chokshi & Chokshi LLP, Chartered Accountants.

Operational and Employee Metrics

The company operates 5 plants and 7 offices nationally, with a total workforce of 5,155 individuals, including 2,389 employees and 2,766 workers. The report indicates that 100% of permanent employees and workers were covered by health and accident insurance. Sumitomo Chemical India reported that 21.26% of its total turnover was derived from exports during the financial year.

Environmental Performance

Total Scope 1 and Scope 2 greenhouse gas emissions were reported at 23,410 metric tons and 17,149 metric tons of CO2 equivalent, respectively. The company generated 16,075 metric tons of waste, of which 10,572 metric tons were recovered through recycling, reusing, or other recovery operations. Water withdrawal totaled 491,031 kilolitres, with the company implementing zero liquid discharge at its Gajod and Silvassa sites.

Governance and Assurance

Mr Sushil Marfatia, Executive Director, is authorised by the Board as the director responsible for decision-making on sustainability-related issues. The company confirmed that it has not engaged any external agency for the assessment or evaluation of its policies, though internal reviews are conducted regularly. The independent assurance report verified that the identified sustainability information was prepared in all material respects in accordance with the specified criteria.

Stakeholder Engagement and Social Impact

The company identified material issues such as occupational health and safety, consumer health, and human rights as key risks and opportunities. It spent 0.40% of its total revenue on well-being measures for employees and workers. Under its Corporate Social Responsibility initiatives, the company spent ₹123.98 million in designated aspirational districts, benefiting approximately 149,127 individuals.

Historical Stock Returns for Sumitomo Chemical

1 Day5 Days1 Month6 Months1 Year5 Years
-3.63%+15.28%+0.26%+0.97%-8.30%+22.51%

What specific targets has Sumitomo Chemical India set to increase the proportion of renewable energy beyond the current 7.4%?

How does the company plan to further reduce its total greenhouse gas emissions given the reported 40,559 metric tons of Scope 1 and 2 emissions?

Will the company engage external agencies for sustainability policy evaluation in the future to enhance transparency and stakeholder trust?

Sumitomo Chemical fixes July 17 record date for dividend

1 min read     Updated on 18 Jun 2026, 04:26 AM
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Sumitomo Chemical India Ltd fixed July 17, 2026 as the record date to determine eligibility for a ₹1.30 per share dividend, totaling ₹648.89 million for FY26, pending shareholder approval. The company reported an 8.2% rise in net profit to ₹5,431.39 million for FY26, while revenue increased to ₹31,857.62 million.

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Sumitomo Chemical India Ltd has fixed July 17, 2026, as the record date to determine shareholder eligibility for a dividend of ₹1.30 per equity share for the financial year ended March 31, 2026. The dividend, aggregating ₹648.89 million, is subject to shareholder approval at the ensuing Annual General Meeting. The company reported an 8.2% rise in net profit to ₹5,431.39 million for FY26, compared to ₹5,019.48 million in the previous year, while revenue from operations increased to ₹31,857.62 million.

Financial Performance

For the quarter ended March 31, 2026, the company recorded a profit of ₹1,106.10 million, a significant increase from ₹748.26 million in the preceding quarter ended December 31, 2025. Revenue for the quarter stood at ₹6,714.91 million. The company’s agro-chemicals segment remains its sole reportable segment, with performance influenced by seasonal monsoon conditions. BSR & Co. LLP, Chartered Accountants, audited the results, issuing unmodified reports for both standalone and consolidated financial statements.

Exceptional Items

During the quarter ended December 31, 2025, the company recognized an exceptional item of ₹151.86 million in standalone results and ₹161.11 million in consolidated results. This charge relates to the incremental impact of the four Labour Codes notified by the Government of India in November 2025, which the company assessed as regulatory-driven and non-recurring.

Operational and Regulatory Updates

The company noted that its business is seasonal and dependent on climatic conditions. In October 2022, the Government of India issued a notification mandating that Glyphosate, a key product, be used only through Pest Control Operators. Industry petitions challenging this notification are currently being heard by the Delhi High Court, and the government counsel has stated the notification will not be implemented until the petitions are disposed of.

Financial Metric (₹ In Million) FY26 (Audited) FY25 (Audited)
Revenue from operations 31,857.62 30,903.69
Total income 33,318.26 32,097.93
Total expenses 25,899.91 25,358.04
Profit before tax 7,266.49 6,739.89
Net profit 5,431.39 5,019.48
Earnings per share (₹) 10.88 10.06

Historical Stock Returns for Sumitomo Chemical

1 Day5 Days1 Month6 Months1 Year5 Years
-3.63%+15.28%+0.26%+0.97%-8.30%+22.51%

How will the pending Delhi High Court decision on Glyphosate usage impact the company's revenue strategy for the upcoming fiscal year?

What measures is the company taking to mitigate the financial impact of the new Labour Codes if similar regulatory charges recur?

Given the heavy reliance on monsoon conditions, how does the company plan to manage inventory and production volatility in the face of erratic weather patterns?

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