TTK Prestige resumes Roorkee plant operations after floods

0 min read     Updated on 11 Jul 2026, 09:20 PM
scanx
Reviewed by
Riya DScanX News Team
AI Summary

TTK Prestige resumed manufacturing at its Roorkee plant on July 11, 2026, after operations were halted by floods on July 9. The company confirmed that assets are insured and does not foresee significant financial impact from the incident.

powered bylight_fuzz_icon
45148568

*this image is generated using AI for illustrative purposes only.

TTK Prestige resumed normal manufacturing operations at its Roorkee factory in Uttarakhand from 3 pm on July 11, 2026, following disruptions caused by heavy rains and flooding on July 9, 2026. The company confirmed that all assets at the facility are adequately insured and stated that any potential loss, including damage to inventories, is not expected to be significant. The quick resumption of activities underscores the firm's operational resilience and adequate capacity buffers at other locations.

The disclosure regarding the resumption was made under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. Manjula K V, Company Secretary & Compliance Officer, communicated the update to the exchanges, confirming that the assessment of asset damage is currently underway.

Operational Timeline

The sequence of events at the Roorkee facility is summarised below:

Detail Information
Location Roorkee, Uttarakhand
Disruption Date July 9, 2026
Resumption Date July 11, 2026
Cause Heavy rains and flooding
Asset Status Adequately insured

Historical Stock Returns for TTK Prestige

1 Day5 Days1 Month6 Months1 Year5 Years
-2.28%-0.64%+4.09%+8.82%+1.36%-26.62%

Will the temporary disruption impact TTK Prestige's quarterly revenue targets or delivery schedules?

What are the estimated insurance claim timelines and potential financial impact from the damage assessment?

Does the company plan to implement additional infrastructure safeguards at the Roorkee facility to mitigate future flood risks?

TTK Prestige files BRSR for FY26 with 46% renewable energy

1 min read     Updated on 11 Jul 2026, 09:45 AM
scanx
Reviewed by
Shriram SScanX News Team
AI Summary

TTK Prestige filed its Business Responsibility and Sustainability Report for FY26, detailing a rise in renewable energy usage to 46% and the achievement of GreenCo certifications for all five plants. The company reported reductions in water consumption and carbon emissions alongside robust waste recovery measures.

powered bylight_fuzz_icon
45288901

*this image is generated using AI for illustrative purposes only.

TTK Prestige filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 with the National Stock Exchange of India and BSE Limited. The report, which forms part of the Annual Report, outlines the company's environmental, social, and governance (ESG) performance and initiatives.

The company reported that 46% of its total energy consumption in FY26 was derived from renewable sources, a significant increase from 6.90% in the previous year. This shift was supported by the installation of 6.7 MW of rooftop solar capacity across five plants and a renewable power purchase agreement for 8.4 lakh kWh annually. Consequently, total Scope 1 and Scope 2 emissions decreased to 11,251 metric tonnes in FY26 from 14,967 metric tonnes in FY25.

TTK Prestige achieved GreenCo certifications for all five manufacturing plants under the CII Green Company Rating System. The certifications include one Platinum, two Gold, and two Silver ratings. The company also completed Life Cycle Assessments (LCA) for 11 products, which contribute to 49% of the total turnover.

Key Environmental Metrics

Parameter FY 2025-26 FY 2024-25
Renewable Energy (% of total) 46% 6.90%
Rooftop Solar Capacity (MW) 6.7 3.9
Fresh Water Reduction (KL) 1,21,600 1,31,303
CO2 Reduction - Scope 1 (MT) 2,031 2,370
CO2 Reduction - Scope 2 (MT) 9,220 12,597
Total Waste Generated (M.T) 4,885.11 4,175.09

The company's waste management practices resulted in the recovery of 4,749.64 metric tonnes of waste through recycling and other recovery operations in FY26. The report also notes that 70% of inputs were sourced sustainably, and the company maintains a Supplier Code of Conduct to ensure responsible business practices across the value chain.

Social and Governance Disclosures

TTK Prestige reported a workforce of 1,512 employees and 2,458 workers as of March 31, 2026. The company recorded 245 shareholder complaints during the year, all of which were resolved. No material fines or penalties were reported for the financial year. The BRSR disclosures were made on a standalone basis and assessed by M/s. Comtec Management Consultants, Chennai.

Historical Stock Returns for TTK Prestige

1 Day5 Days1 Month6 Months1 Year5 Years
-2.28%-0.64%+4.09%+8.82%+1.36%-26.62%

What are TTK Prestige's targets for further increasing renewable energy usage beyond the current 46% in the coming fiscal years?

How does the company plan to address the increase in total waste generated despite achieving high recovery rates?

Will the company expand Life Cycle Assessments to cover the remaining 51% of its product portfolio soon?

More News on TTK Prestige

1 Year Returns:+1.36%