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7 Aug 2026 6 filings
Purpose and scope
BRSR for FY2025-26; standalone reporting boundary.
Assurance: Not applicable; policies approved by the Board.
Key metrics: energy, water, emissions
Total energy: 65.69 million MJ; renewable 5.47 million; non-renewable 60.22 million.
Water withdrawal 50,616 kl; consumption 47,456 kl; Scope 1: 4,013.79 tCO2e; Scope 2: 2,822.35 tCO2e.
GHG emissions and energy initiatives
Total Scope 1+2 emissions 6,836.14 tCO2e; intensity 0.000000157 per turnover.
Renewable energy initiatives: rooftop solar 520 kW; wind power 53 MW; LED adoption; electric forklifts; EPR compliance.
Waste and water management
Total waste: 864.81 tonnes; major components include spent oil 7.13 t, ETP sludge 7.04 t, plastics 73.59 t.
Water discharge to third parties: 3,160 kl; zero liquid discharge measures; waste recycling 434.95 tonnes.
People, governance and compliance
Board size 6; 1 female director; KMP female representation 0; return-to-work after maternity 100%.
Policies: Board-approved NGRBC policies; 50% inputs sustainably sourced; 17 supplier audits; anti-corruption policy in place.
AGM Details
65th AGM on 31 August 2026 at 11:00 AM via VC/OAVM.
Record date for voting: 24 August 2026.
Remote e-voting open 27–30 August 2026.
Key Resolutions
Adopt standalone and consolidated financial statements for year ended 31 March 2026.
Declare dividend on equity shares.
Re-appoint Siddharth G. Mehra as Director by rotation.
Ajay Reche appointed Whole-time Director until 30 September 2030; remuneration per agreement.
Siddharth G. Mehra appointed Joint Managing Director 1 Oct 2026 to 30 Sep 2031; remuneration per agreement.
Ratify Cost Auditors' remuneration for year ending 31 March 2027.
Auditor Appointments
Cost Auditor Kishore Bhatia & Associates appointed for 2026-27 at ₹2,90,000 plus GST.
Director Changes
Ajay Reche appointed Whole-time Director; tenure to 30 Sep 2030; remuneration per agreement.
Siddharth G. Mehra appointed Joint Managing Director from 1 Oct 2026 to 30 Sep 2031; remuneration per agreement.
Record date for dividend
Record date fixed for dividend payment on 21 August 2026.
Dividend payment subject to shareholder approval at AGM on 31 August 2026.
Overview
Standalone BRSR for FY2025-26; main activity is petroleum product manufacturing.
Turnover dominated by petroleum products (~99.2%).
Operations include four plants and five offices in India; exports to 75+ countries.
Key ESG Risks & Opportunities
Energy management is an opportunity with wind power and rooftop solar installations.
Climate resilience is a risk; ongoing carbon footprint measurement and decarbonization.
Water stewardship is a risk; rainwater harvesting and groundwater recharge.
R&D is an opportunity, focusing on ester-based lubricants.
Occupational health and safety pose risk; ISO 45001 and HIRA processes in place.
Supply chain risk; sustainable procurement policy and supplier code of conduct.
Talent attraction is an opportunity; Great Place to Work certification achieved.
Community engagement is an opportunity; CSR focuses on healthcare, education and rural development.
Governance & Policy Highlights
Board oversight assigns ESG implementation responsibility.
Policies aligned to NGRBC principles; board-approved.
Anti-bribery/anti-corruption policy with zero-tolerance.
Whistleblower and POSH mechanisms; policy hosted online.
No penalties or fines for non-compliance in FY2025-26.
Independent policy assessment not conducted; no external assurance.
Social Responsibility & Workforce
Permanent employees: 629; female 52; male 577.
Total workers: 529; female 1; male 528.
Return-to-work rate after maternity leave: 100%.
Great Place to Work certification achieved.
Health coverage includes group health insurance and retirement benefits.
Training coverage: 100% of employees and workers.
Environmental Performance
Total energy consumption: 6,56,85,781 MJ; renewable share 54,67,413.60 MJ.
Non-renewable electricity: 1,43,10,493.20 MJ; fuel: 4,59,07,874.34 MJ.
Scope 1 emissions: 4,013.79 tCO2e; Scope 2 emissions: 2,822.35 tCO2e.
Emissions intensity: 1.57e-7 tCO2e per turnover; 0.02 per unit output.
Water withdrawal: 50,616 kL; consumption: 47,456 kL; intensity 0.11.
Total waste: 864.81 tonnes; recovered 434.95 t; disposed 173.80 t.
Zero Liquid Discharge via STP and oil-water separator with ETP.
Certifications: ISO 14001:2015 and ISO 45001:2018.
Stakeholder Engagement & Complaints
Key stakeholder groups: government, regulators, customers, investors, employees, community.
Engagement frequency: need basis; channels include seminars, meetings, emails.
Complaints FY2025-26 across groups: zero filed and zero pending.
Grievance mechanisms exist; policy hosted online; Audit Committee oversight.
Other Notable Metrics
Exports accounted for 17% of turnover.
Sustainable sourcing: around 50% of domestic inputs sustainably sourced.
Investments with related parties: 23% share of total investments.
Affiliations: 14 trade/industry chambers; key associations include ITMA, IEEMA, CHEMEXIL.
Cybersecurity/data privacy policy in place; no data breaches reported.
Anti-corruption policy in place; no penalties; no independent assessment conducted.
R&D focus: ester-based technologies for environmental benefits.
Financial performance
Consolidated total income rose 14% to ₹4,408 crore.
Standalone revenue near ₹4,418 crore with double-digit gain.
EBITDA ₹291 crore; PBT ₹244 crore; PAT ₹182 crore.
Earnings per share reflected multi-year profitability trends.
Dividend declared: ₹5 per equity share (face value ₹2).
Debt-free balance sheet with ample cash reserves.
SAVSOL Ester5 sales grew about five times industry growth.
Record volumes across Transformer Oils, White Oils, and Exports.
Renewable energy capacity at 53.1 MW; rooftop solar 2,061 kWp.
Strategic growth & operations
Entered multi-year supply agreement with a leading global tractor maker.
Launched SAVSOL Ester5; premiumisation strategy advancing pricing power.
Expanding distribution footprint; increasing SAVSOL brand visibility domestically and internationally.
Three of four plants operate as Zero Liquid Discharge; 53 MW renewable capacity.
R&D focuses on ester-based technologies for transformer fluids, EV cooling.
Investing in capacity expansion to strengthen market competitiveness.
OEM collaborations and enhanced B2C presence bolster growth.
Wind-energy assets maintained; no new wind projects added in FY25-26.
Strategic emphasis on Atmanirbhar Bharat manufacturing themes.
Dividends & capital allocation
Dividend proposed at 250% (₹5 per share); subject to AGM approval.
Dividend payout timing: by 29 September 2026 if approved.
No fresh equity issue; balance sheet remains debt-free.
Past buy-backs completed; capital reserves utilized for shareholder value.
Capital structure & liquidity
Debt-free balance sheet; no borrowings outstanding.
Cash and cash equivalents rose to about ₹130.7 crore.
Strong liquidity supported by approved bank limits.
Interest coverage of approximately 213x in FY25-26.
Operations & segment mix
Two segments: Petroleum products and Wind power generation.
Domestic revenue ~83%, exports ~17% of turnover.
Standalone volumes rose about 16.6% to 513,110 KL.
Petroleum segment led profits; Wind contributed solid gains.
Wind capacity stands at 53.1 MW across three states.
ESG & sustainability
1 MW installed renewable capacity; rooftop solar 2,061 kWp.
Three plants operate as ZLD; one connected to ETP.
GHG: Scope 1 ≈ 4,014 t CO2e; Scope 2 ≈ 2,822 t CO2e.
Water withdrawal ≈ 50,616 KL; consumption ≈ 47,456 KL; intensity 0.11.
CSR spend ₹452.32 lakh; focus on healthcare, education, rural development.
ESG governance with a dedicated CSR & ESG committee.
Governance & leadership changes
Vishal Sood, Whole-time Director, passed away on 3 March 2026.
Ajay Reche appointed Additional Director (Whole-time) from 1 June 2026.
Siddharth G. Mehra elevated to Joint Managing Director from 1 October 2026.
Board met 4 times in FY25-26; Kavita Nair joined CSR committee 7 May 2026.
Statutory auditors: G. D. Apte & Co; Secretarial: MP & Associates.
Risks & outlook
Geopolitical tensions and crude/base-oil price volatility affect margins.
Regulatory changes and currency fluctuations pose ongoing risk; hedging employed.
Opportunities in ester-based transformer fluids, EV cooling fluids, and data-centre immersion cooling.
Energy-transition-driven demand supported by India’s manufacturing expansion.
CSR & community impact
CSR policy revised Feb 2026; programs aligned to Schedule VII.
CSR initiatives span healthcare, education, rural development and community infrastructure.
CSR reporting indicates robust spend with measurable community benefits.
AGM details
65th AGM on 31 August 2026 at 11:00 AM via VC/OAVM
Voting cut-off date: 24 August 2026
Remote e-voting window: 27 August to 30 August 2026
AGM notices issued electronically; no physical attendance
Resolutions to be considered
Adopt standalone and consolidated financial statements with reports
Declare dividend on equity shares
Re-appoint Siddharth G. Mehra by rotation as Director
Appoint Ajay Reche as Whole-time Director up to 30 Sep 2030; remuneration terms
Appoint Siddharth G. Mehra as Joint Managing Director 1 Oct 2026 to 30 Sep 2031; remuneration
Ratify cost auditors Kishore Bhatia & Associates for 2026-27 with remuneration
Director and management changes
Ajay Reche appointed Whole-time Director from 1 Jun 2026 to 30 Sep 2030
Siddharth G. Mehra appointed Joint Managing Director from 1 Oct 2026 to 30 Sep 2031
Siddharth G. Mehra to be re-appointed by rotation as Director
Auditors
Kishore Bhatia & Associates to audit cost records for 2026-27; remuneration ₹2,90,000 plus GST
14 Jul 2026 1 filing
Dematerialisation requests for quarter ended 30 June 2026 processed and confirmed to depositories as accepted/rejected.
Securities dematerialised were listed on the stock exchanges where the earlier issued securities are listed.
Physical certificates received for dematerialisation were mutilated and cancelled after due verification.
Depository name substituted as registered owner in the records within prescribed timelines.
7 Jul 2026 1 filing
BSE clarification on volume increase
Clarification to BSE: no material information withheld; price/volume rise market-driven.