UFLEX files BRSR for FY26 with net zero goals

2 min read     Updated on 06 Jul 2026, 10:36 AM
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UFLEX Limited filed its BRSR for FY26, reporting increased renewable energy usage to 11% and setting net zero targets for 2040 and 2050. The company disclosed Scope 1 emissions of 54,378 MT CO2e and Scope 2 emissions of 1,94,950 MT CO2e, with Intertek providing reasonable assurance. Social metrics indicated a workforce of over 11,000 with a female representation of 6% among employees.

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UFLEX Limited has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 with the stock exchanges, detailing its environmental, social, and governance performance. The filing, submitted by Ritesh Chaudhry, Sr. Vice President (Secretarial) & Company Secretary, includes an independent reasonable assurance statement from Intertek India Pvt Ltd. The assurance covered BRSR core and non-core disclosures for the period from 1 April 2025 to 31 March 2026, confirming alignment with SEBI guidelines.

The company has set specific sustainability commitments, including achieving carbon neutrality for Scope 1 and Scope 2 emissions by FY2035 and net zero emissions for these scopes by FY2040. UFlex aims to achieve net zero emissions across Scope 1, 2, and 3 by FY2050. Additionally, the company targets water neutrality across operations by FY2030 and Zero Waste to Landfill status for all manufacturing facilities by FY2030.

Environmental Performance

During FY2025-26, renewable energy accounted for 11% of total electricity consumption across India operations, an increase from 6% in the previous financial year. The share of renewable energy in total energy consumption rose from 24% to 27% over the same period. The company reported total Scope 1 emissions of 54,378 MT CO2e and total Scope 2 emissions of 1,94,950 MT CO2e. Total Scope 3 emissions were reported at 9,48,396 MT CO2e.

Water consumption intensity stood at 0.00001218 KL/rupee of turnover. The company has implemented Zero Liquid Discharge (ZLD) systems at eight out of twelve manufacturing facilities. Total waste generated during the year was 39,216 metric tonnes, with 32,704 metric tonnes recovered through recycling, reusing, or other recovery operations.

Social and Governance Metrics

The company reported a workforce of 11,083 individuals, comprising 3,432 employees and 7,651 workers. Female representation was 6% among employees and 1% among workers. The Board of Directors included one female member out of six, representing 17%.

Cost incurred on employee well-being measures was 0.22% of total revenue. The Lost Time Injury Frequency Rate (LTIFR) was 0 for employees and 0.70 for workers. The company reported no fatalities among employees or workers during the year. There were no complaints filed under the Prevention of Sexual Harassment (POSH) Act.

Financial and Operational Details

For FY2025-26, the company reported a turnover of ₹777847.19 Lakh and a net worth of ₹327163.00 Lakh. Exports contributed 20.30% of the total standalone turnover. The company’s operations span 13 plants and 6 offices nationally, serving customers in 150 countries.

Metric FY 2025-26 FY 2024-25
Total Energy Consumed (GJ) 22,31,032 21,01,896
Total Water Consumption (kL) 9,47,032 8,67,070
Total Waste Generated (MT) 39,216 33,229.55
Renewable Energy Share (Electricity) 11% 6%

The BRSR report confirms compliance with applicable environmental regulations and details the company's materiality assessment, identifying key issues such as sustainable product innovation, GHG emissions, and resource efficiency.

Historical Stock Returns for UFLEX

1 Day5 Days1 Month6 Months1 Year5 Years
-0.59%+1.96%+1.72%-11.91%-29.16%-19.46%

What specific capital investments or technological shifts are required to increase renewable energy share from 11% to meet the FY2035 carbon neutrality target?

How does UFlex plan to address Scope 3 emissions, which are nearly five times higher than Scope 1 and 2 combined, to achieve the net zero target by FY2050?

What strategies will be implemented to achieve Zero Waste to Landfill status across the remaining four manufacturing facilities by FY2030?

Uflex Ltd reports 1.4 mn MTPA global capacity in Q1FY26 presentation

1 min read     Updated on 30 Jun 2026, 05:15 AM
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Uflex Ltd disclosed its operational metrics for Q1FY26, highlighting a global manufacturing capacity of 1.4 million MTPA across 18 facilities in 9 countries. The presentation detailed a product portfolio including resins, packaging films, and aseptic packaging, while noting the exclusion of 34,897 MTPA of recycling capacity. Under the 'Project Plastic Fix' initiative, the company recycled 586 million PCR PET bottles and 10,237 MT of PCR MLP waste in FY26, commissioning a new recycling unit in Noida. The company incurred Rs 7,070 million in capital expenditure during Q4 FY26 for facilities in Egypt, Mexico, and India, and is investing Rs 7,154 million in a new BOPP film line at Dharwad.

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Uflex Ltd disclosed its operational and financial metrics for Q1FY26 in an investor presentation shared during meetings held on June 29 and June 30, 2026. The company emphasized its global manufacturing footprint, which includes 18 state-of-the-art facilities located across 5 continents and 9 countries, with an overall capacity of 1.4 million MTPA. The presentation confirmed that no unpublished price sensitive information was shared during these sessions.

Global Manufacturing and Capacity

The company's extensive product portfolio spans the entire packaging value chain, including flexible packaging, packaging films, aseptic packaging, and resins. The total capacity of over 1.4 million MTPA comprises resins (463,020 MTPA), base packaging films (636,160 MTPA), inks and adhesives (69,730 MTPA), holography (20,600 MTPA), flexible packaging (100,000 MTPA), and aseptic liquid packaging (98,400 MTPA). This capacity excludes 34,897 MTPA of rMLP resin and rAMLP moulding recycling capacity.

Segment Capacity (MTPA)
Resins 463,020
Base Packaging Films 636,160
Inks and Adhesives 69,730
Holography 20,600
Flexible Packaging 100,000
Aseptic Liquid Packaging 98,400

Sustainability and Recycling Initiatives

Uflex Ltd highlighted its sustainability efforts under the 'Project Plastic Fix' initiative, which has been operational since 1995. In FY26, the company recycled 586 million PCR PET bottles and 10,237 MT of PCR MLP waste. The company operates six recycling facilities globally, including a newly commissioned unit in Noida Sector 155 with a capacity of 36,000 MTPA for rPET chips and 3,600 MTPA for rMLP, commissioned on April 30, 2026.

Capital Expenditure and Future Projects

The company incurred a total capital expenditure of Rs 7,070 million during Q4 FY26. Major allocations included Rs 1,009 million for an aseptic packaging facility in Egypt, Rs 480 million for a WPP bag manufacturing unit in Mexico, and Rs 697 million for a PET and MLP recycling unit in Noida. Uflex is also setting up a new BOPP film manufacturing line with a capacity of 54,000 MTPA at Dharwad, Karnataka, involving a total capital expenditure of Rs 7,154 million.

Historical Stock Returns for UFLEX

1 Day5 Days1 Month6 Months1 Year5 Years
-0.59%+1.96%+1.72%-11.91%-29.16%-19.46%

How will the commissioning of the new Noida recycling unit and the upcoming Dharwad BOPP line impact Uflex's operating margins in FY27?

What is the projected timeline for the Egypt aseptic packaging and Mexico WPP bag facilities to reach full commercial capacity?

With the new recycling capacity coming online, what are Uflex's targets for increasing the share of sustainable products in its total revenue mix?

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