Jtekt India Ltd

RPT compliance certificate

• Certificate dated 14 May 2026 certifies compliance with Industry Standards for proposed RPTs.
• Audit Committee reviewed the certificate at its meeting on 14 May 2026.
• Certificate will be available on the company website.

Issue Overview

• Rights issue of equity shares completed; total issue size Rs 249.89 crore.
• Net proceeds not separately disclosed; no revision or undersubscription reported.
• Main objectives for proceeds: construction of Gujarat facility, capex, debt repayment, general corporate purposes.

Utilisation of Proceeds

• Utilisation as per offer document; no material deviations observed.
• Objects: Gujarat infrastructure ongoing; Dharuhera capex ongoing; borrowings and GCP fully utilised.
• Unutilised funds across objects totaled 55.10 crore as of 30 June 2026.
• Unutilised proceeds deployed: monitoring account 0.64 crore; fixed deposits 26.00 and 34.00 crore.

Governance and Compliance

• All statutory approvals for objects obtained; no material events reported.
• No shareholder deviations; means of finance unchanged.
• No favorable or unfavorable events affecting viability reported.
• Arrangements for technical assistance or collaborations not applicable.

GCP

• GCP fully utilised (53.89 crore); board approval details not documented.

Financial results

• Unaudited standalone Q1 FY2026 results approved; revenue 71,798.38 lakhs; net profit after tax 622.19.
• Total income 72,191.73; basic and diluted EPS 0.22.
• Single operating segment: manufacturing, assembling, trading and sale of automotive components.
• No subsidiary/associate/JV as of 30 June 2026.

Dividend and capital actions

• Final dividend recommended 0.75 per share for FY2025-26, subject to AGM on 26 Aug 2026.
• Rights issue completed; paid-up capital increased to ₹2,773.97 lakhs.
• Board noted EPS restatement due to rights issue bonusing element.

Regulatory and exceptional items

• Labour Codes impact recognized; past service gratuity ₹245.28 lakhs as exceptional item.
• VSS cost ₹352.26 lakhs recognised as exceptional item.

Audit and governance

• Limited Review Report by B S R & Co. LLP approved; no material misstatement detected.
• Audit Committee reviewed results prior to Board approval on 13 August 2026.

Overview

• Standalone BRSR FY2025-26; no subsidiary; main activity automotive components manufacturing, 99.19% turnover.
• 7 plants and 1 office in India; 14 states served; 4 international markets.
• Exports accounted for 2.58% of turnover.
• Carbon neutrality target by FY2050.
• Reporting boundary: standalone basis; company has no subsidiary.

Key ESG Risks & Opportunities

• Health and safety risk with zero-accident target; 100% EHS training; LTIFR employees 0, workers 0.12.
• High attrition; permanent turnover 6.87%; workers 12.28%.
• Renewable energy: rooftop solar 725 kWp; 91 HTS panels; HVLS upgrades.
• Water management with ET/ETP; water reuse; ZLD; total withdrawal about 120,173 kl.
• GHG emissions: Scope 1+2 total 25,213 tCO2e; intensity 0.00000095 per turnover.
• Waste management: total waste 354 tonnes; plastics 85; e-waste 13; hazardous 256.
• Certifications: ISO 14001, ISO 45001, IATF 16949, ISO/IEC 27001; no penalties reported.
• EPR compliance; 80% value-chain partners assessed for environmental impact.

Governance & Policy Highlights

• Board oversight: sustainability function; Audit Committee oversees whistleblower; CSR and Risk Committees.
• Policies: anti-corruption/anti-bribery; Whistleblower; POSH; Human Rights; Code of Conduct; board-approved.
• External assurance: no BRSR assurance; external audit by TUV India for QSH&E.
• No penalties or fines reported.
• NGRBC policies fully covered; translated into procedures; extend to value chain.

Social Responsibility & Workforce

• Total workforce: 1,080 permanent employees; 2,586 workers; female staff about 4% of permanent; board female 25%.
• Maternity benefits; medical expense reimbursement; 100% EHS training coverage; 100% return-to-work after parental leave.
• LTIFR: employees 0; workers 0.12; one worker injury; no fatalities.
• Whistleblower and POSH mechanisms; open-door policy with accessible channels.
• CSR programs across education, rural development, and healthcare; thousands benefited.
• Training: 113 health-safety sessions; 84 worker trainings; 100% training coverage for employees.

Environmental Performance

• Total energy 168,460 GJ; renewables 13,635 GJ; non-renewables 154,825 GJ.
• GHG emissions: Scope 1+2 total 25,213 tCO2e; intensity 0.00000095 per turnover.
• Water withdrawal 120,173 kl; groundwater 80,700; third-party 39,474; ET/ETP used.
• Waste: total 354 tonnes; plastics 85; e-waste 13; hazardous 256; disposed via third parties.
• Certifications: ISO 14001, ISO 45001, IATF 16949, ISO 27001.
• Zero Liquid Discharge via ETP/STP; some discharge to HSIIDC with compliance.

Stakeholder Engagement & Complaints

• Stakeholders: employees, investors, shareholders, customers, communities, vendors; engagement via meetings, emails, website.
• Frequency: regular or as needed; feedback informs policy updates.
• Investors filed 13 complaints in FY2025-26; POSH complaints 2 in FY2024-25; resolved 02.07.2025.
• Whistleblower mechanism and external hotline; POSH Internal Complaints Committee.
• Customer complaints: 2 filed in FY2025-26; 0 pending.

Other Notable Metrics

• 52% of inputs sustainably sourced; supplier risk assessments include environmental and social criteria.
• 80% of value-chain partners assessed for health, safety and environmental impacts.
• Affiliations: four trade associations; no political advocacy; no adverse regulatory orders.
• Data privacy: no data breaches; cybersecurity policy available on company site.
• CSR reach: 21 projects across education, rural development, and healthcare; thousands benefited.

Meeting Details

• Board meeting on 13 August 2026; time and venue not disclosed.

Key Agenda Items

• Consider and approve the un-audited financial results for the quarter ended 30 June 2026.

Other Notes

• Trading window closed till 15 August 2026.

Compliance confirmation

• RTA certificates confirm dematerialised/rematerialised securities details for the reporting quarter were furnished to all exchanges.

Volume movement clarification

• Clarifies no information or upcoming announcement impacting price/volume across exchanges.
• Management states increase in price/volume is market-driven, not connected to company actions.
• Disclosures of unpublished price-sensitive information have been disseminated regularly.