Saint Gobain Sekurit India Ltd

Meeting Details

• Board meeting scheduled for Nov 2, 2026; time and venue not disclosed.

Key Agenda Items

• To consider unaudited quarterly and half-year results for quarter and half-year ending Sep 30, 2026.

Other Notes

• Notice of the meeting will be available on the company website.

Saint-Gobain Sekurit India Limited — Trading Window closed from October 1, 2026 until the expiry of 48 hours after the unaudited results for the quarter and half-year ending September 30, 2026 are made public.

Financial results and disclosures

• Unaudited financial results for quarter ended June 30, 2026 approved.
• Limited Review Report from Deloitte Haskins & Sells LLP enclosed.
• Results will be available on the company website and published in newspapers.

Dematerialisation processing and listing

• Dematerialisation requests for the quarter were processed and confirmed to depositories.
• Securities dematerialised have been listed on the exchanges where the original issues are listed.
• Physical certificates for dematerialisation were mutilated, cancelled, and registered owner name substituted within timelines.
• Rematerialisation requests were not received during the period.

AGM and Annual Report notice

• 53rd AGM scheduled July 30, 2026 at 3:00 PM IST via VC/OVAM.
• Annual Report 2025-26 available online; hard copy on request; unregistered-email shareholders receive access via online links.
• e-Voting: starts July 27, 2026; ends July 29, 2026; cutoff July 23, 2026.
• Dividend record date July 15, 2026; dividend payout from August 4, 2026.
• Last date for TDS exemption forms submission: July 15, 2026.
• Email/KYC update required for all shareholders by July 15, 2026; update via RTA/DP.
• Contact MUFG Intime India Private Limited for AGM/investor queries.
• Web links provided for Annual Report and AGM notice.

Overview

• Standalone BRSR for Saint-Gobain Sekurit India Limited for FY2025-26.
• Main business: laminated automotive glass manufacturing at Chakan, Pune.
• Reporting boundary is standalone (not consolidated).

Key ESG Risks & Opportunities

• Material ESG risks include currency volatility, regulatory pressures, operations, people, and sustainability.
• Mitigations: hedging, energy efficiency, automation, supplier diversification, and governance.
• Opportunities from OEM/CV/3W growth and EV adoption with expanded glazing offerings.

Governance & Policy Highlights

• Board oversight via Audit, Nomination & Remuneration, Stakeholders Relationship, CSR, Risk Management, and Share Transfer committees.
• Policies cover anti-bribery, whistle-blower, human rights, and related party transactions; no penalties in three years.
• CSR policy, RPT policy, and core compliance governance embedded in disclosures.

Social Responsibility & Workforce

• Total workforce: 379 (52 permanent, 327 workers); female share approx. 9%.
• LTIFR for workers: 1.22; employees have no LTIFR.
• CSR expenditure: Rs 83 Lakhs in FY2025-26 across multiple projects.

Environmental Performance

• Energy: total 7,090,920 MJ; renewable share ~23% via rooftop solar, Green Energy Certificates, and PPAs.
• GHG emissions: Scope 1 178 tCO2e; Scope 2 10,183 tCO2e; intensity 0.00000426 tCO2e per turnover.
• Certifications: ISO 14001:2015, ISO 45001:2018; IATF 16949:2016; net-zero roadmap aligned to 2050.

Stakeholder Engagement & Complaints

• Stakeholders: employees, shareholders, customers, suppliers, regulators, lenders, communities.
• Investor complaints: 1 filed and resolved; 0 pending at year-end.
• Engagement channels include email, notices, intranet, and online portals (ODR, SCORES, BKMS).

Other Notable Metrics

• Material related party transactions with Saint-Gobain India Private Limited up to Rs 150 Cr; turnover impact ~61.7%.
• Data privacy/cybersecurity policy in place; no data breaches; 99.07% of shares dematerialised.
• BRSR Core assurance provided by SGS India on a standalone basis.

Financial performance

• Revenue from operations ₹24,299.30 Lakhs, up 16.59% YoY.
• Operating profit ₹6,000.12 Lakhs; EBIT margin 25.33%.
• Profit after tax ₹4,579.92 Lakhs; PAT up 27.26%.
• Earnings per share ₹5.03; basic and diluted.
• Cash from operations ₹3,339.32 Lakhs.
• Current ratio 6.32; debt-equity 0.20.
• Final dividend ₹2.50 per share; record date 15-Jul-2026; payout from 4-Aug-2026.
• ROE 18.83%; strong profitability and return metrics.
• Revenue mix: Laminated glass ₹23,468.01; tempered ₹215.21; total ₹23,683.22.

Operations & market

• Laminated glass revenue ₹23,468.01 Lakhs; tempered ₹215.21; total ₹23,683.22.
• Automotive Glass is a single segment serving OEM and replacement markets.
• Top customers account for ₹14,551.17 Lakhs, over 10% of turnover.

Governance & controls

• Board: six directors; one Executive, five Non-Executive; two Independent; one woman.
• Four board meetings; separate Independent Directors meeting; strong governance framework.
• Audit Committee met four times; chaired by Dr. Sundar Parthasarathy.
• Internal control framework aligned with Saint-Gobain; NFRA compliance; robust internal audit.
• Secretarial audit by V. N. Deodhar & Co; no disqualifications reported.

Capital & liquidity

• Overdraft facility used; no long-term debt; liquidity is healthy.
• Cash and bank balances total ₹345.64 Lakhs.

Related party transactions

• Material related party transactions with Saint-Gobain India Private Limited (SGIPL).
• Aggregate annual value up to ₹150 Crores; approvals obtained from Audit Committee.
• SGIPL holds 26.74% in SGSIL; RPTs represent significant business synergies.

CSR & sustainability

• CSR expenditure ₹83.00 Lakhs; 2% average net profit threshold ₹81.30 Lakhs.
• CSR projects include education and skill initiatives; 971 beneficiaries.
• ₹6.30 Lakhs unspent reallocated to Prime Minister’s National Relief Fund; ₹8.00 Lakhs to PMNRF.
• CSR governance via CSR Committee; BRSR assurance by SGS; environment & social impact tracking.

Auditors & compliance

• Statutory auditors: Deloitte Haskins & Sells LLP; Secretarial Auditor: V. N. Deodhar & Co.
• BRSR core assurance conducted by SGS India Private Limited; no audit qualifications noted.

AGM Details

• 53rd AGM on July 30, 2026 at 3:00 PM IST via VC/OAVM.
• Record date for dividend: July 15, 2026.
• Dividend payment date: on or after August 4, 2026.
• Remote e-voting window: July 27–29, 2026; cut-off: July 23, 2026.
• VC/OAVM attendance limited to 1000 members on first-come basis.

Resolutions Proposed

• Ordinary: Adopt Audited Financial Statements and Reports for FY2025-26.
• Ordinary: Declare final dividend on equity shares for FY2025-26.
• Ordinary: Re-appoint Manigandann R. as Non-Executive Director retiring by rotation.
• Special: Ratify remuneration of Cost Auditor; G. Thangaraj; ₹2,00,000 plus taxes for FY2026-27.
• Special: Approve Material Related Party Transactions with SGIPL up to ₹150 Crores annually.

Dividend Details

• Final dividend of ₹2.5 per equity share proposed.
• Record date for dividend: 15 July 2026.
• Dividend payment date: on/after August 4, 2026.

Director Changes

• Manigandann R. to be reappointed as Non-Executive Director; no remuneration proposed.

Auditor & Remuneration

• Cost Auditor remuneration ratification approved; ₹2,00,000 plus taxes; for FY ending 31 March 2027.

Material Related Party Transactions

• RPT with Saint-Gobain India Private Limited approved up to ₹150 Crores annually.
• Transactions cover purchases, sales, services, and asset transfers; approved by Audit Committee.