Date: 29th May, 2026
General Company Information
Company Details:
- Year of incorporation: 1978
- Registered office address: 9th Floor, Prima Bay, Tower-B, Gate No.5, Saki Vihar Road, Powai, Mumbai - 400 072
- Corporate address: 9th Floor, Prima Bay, Tower-B, Gate No.5, Saki Vihar Road, Powai, Mumbai - 400 072
- Financial year reported: 01-04-2025 to 31-03-2026
- Stock Exchanges: BSE Limited and National Stock Exchange of India Limited
- Paid-up Capital: ₹17,17,87,584
- Contact person: Mr. Manish Kumar, Tel: +91 22 66931600/67680600
- Reporting boundary: Standalone basis
- Assurance provider: Carbon Check (India) Private Limited
- Type of assurance: Reasonable Assurance for BRSR Core KPIs
Business Activities:
- Engineering and Construction accounting for 100% of turnover
- NIC Code: 4290
- Main activities include Maritime Structures, Urban Infrastructure, MRTS and Airports, Industrial Structures and Buildings, Highways, Bridges and Flyovers, Data Centre construction, Hydro, Dams, Tunnels & Irrigation, Foundation & Specialist Engineering, Water and Wastewater projects
Operations Overview:
- Number of locations: 79 total (73 national, 6 international)
- Plants: 69 national, 3 international
- Offices: 4 national, 3 international
- Markets served: 16 Indian states, 3 international countries
- Export contribution: 3.49% of total turnover
- Major clients: State and Central Government, Local municipal bodies, Public sector undertakings, Private Clients
Workforce Data
Employees and Workers (including differently abled):
Employees:
- Permanent employees: 3,160 (3,075 male, 85 female)
- Other than permanent employees: 1,608 (1,583 male, 25 female)
- Total employees: 4,768 (4,658 male, 110 female)
Workers:
- Permanent workers: 27 (all male)
- Other than permanent workers: 32,013 (32,006 male, 7 female)
- Total workers: 32,040 (32,033 male, 7 female)
Differently Abled:
- Differently abled employees: 1 permanent male employee
- Differently abled workers: 0
Gender Representation:
- Board of Directors: 5 members total, 1 female (20%)
- Key Managerial Personnel: 2 members, 0 female (0%)
Turnover Rates (past 3 years):
- Permanent Employees: 8.12% (FY26), 9.32% (FY25), 9.63% (FY24)
- Permanent Workers: 10.50% (FY26), 12.50% (FY25), 21.05% (FY24)
Subsidiaries and Associates
Holding/Subsidiary/Associate Companies:
1. Ceminfra Construction Limited (Subsidiary) - 100% shareholding
2. ITD-ITD Cem JV (Joint Operations) - 55% shareholding
3. ITD Cem Maytas Consortium (Joint Operations) - 95% shareholding
4. ITD ITD Cem Joint Venture (Joint Operations) - 49% shareholding
5. ITD Cemindia JV (Joint Operations) - 80% shareholding
6. CEC - ITD Cem - TPL Joint Venture (Joint Operations) - 60% shareholding
7. ITD Cem - BBJ Joint Venture (Joint Operations) - 51% shareholding
8. ITD Cementation India Limited - Transrail Lighting Limited Joint Venture (Joint Operations) - 72.66% shareholding
9. Morsagar Bisalpur Water Limited (Associate Company) - 26% shareholding
Financial Metrics
CSR Applicability:
- CSR applicable: Yes
- Turnover: ₹99,82,72,27,305
- Net worth: ₹23,95,56,40,419
Accounts Payable Days:
- FY 2025-26: 98 days
- FY 2024-25: 101 days
Material Responsible Business Conduct Issues
The company identified 12 material issues with associated risks and opportunities:
1. Climate Change Adaptation & Energy Management (Risk/Opportunity)
2. Resource Efficiency & Circularity (Risk/Opportunity)
3. Water Management (Risk/Opportunity)
4. Innovation & Technology (Risk/Opportunity)
5. Ecological Impacts (Risk/Opportunity)
6. Human Capital Development and Workforce Practices (Risk/Opportunity)
7. Talent Attraction & Retention (Risk/Opportunity)
8. Diversity, Equity & Inclusion (Risk/Opportunity)
9. Occupational Health & Safety (Risk/Opportunity)
10. Sustainable Supply Chain Management (Risk/Opportunity)
11. Product/Service Quality & Safety (Risk/Opportunity)
12. Customer Satisfaction (Risk/Opportunity)
13. Regulatory Compliance (Risk/Opportunity)
14. Data Privacy and Cybersecurity (Risk/Opportunity)
Management and Process Disclosures
Policy Coverage:
- All 9 NGRBC principles covered by policies
- Board approval obtained for most policies
- Policies extended to value chain partners
Certifications:
- ISO 9001, ISO 14001, ISO 45001 adopted
Specific Commitments and Targets:
1. Safe Workplace (IR- Injury Incidence Rate) - Target: 0.85, Achievement: 0.35
2. Recycling of Bio-degradable Waste by installing Organic Waste Composter - Target: All applicable project sites, Achievement: 18 locations (18 units: 4 machines, 14 drums)
3. Replacing non-renewable energy with renewable/clean energy - Target: Selected project sites & depot, Achievement: 18 panels (10.8 kW) and 5 kW wind turbine at Mumbai Depot, 100 kW rooftop solar installation started at Kolkata Depot, 5 kW solar commissioned at Varsha Project
4. Induct Agniveer trained workers - Target: Minimum 100 Agniveer workers, Achievement: First batch graduates in Aug'26; hiring of ex-armed forces personnel initiated
Governance:
- Highest authority: Mr. Jayanta Basu, Managing Director
- Committee responsible: CRC Committee of the Board and EHS team
- Quarterly review of NGRBC performance and compliance
- External assessment by TUV Nord for Integrated Management System audits
Performance Indicators
Energy Consumption (FY 2025-26):
- Total energy consumed: 14,05,091.81 GJ
- Energy intensity per rupee of turnover: 0.00001408
- Energy intensity adjusted for PPP: 0.0002864
Water Management (FY 2025-26):
- Total water withdrawal: 26,30,961.33 kiloliters
- Total water consumption: 24,99,413.26 kiloliters
- Water intensity per rupee of turnover: 0.0000250
- Water intensity adjusted for PPP: 0.0005093
GHG Emissions (FY 2025-26):
- Scope 1 emissions: 1,00,136.00 metric tonnes CO2 equivalent
- Scope 2 emissions: 18,639.00 metric tonnes CO2 equivalent
- Total emission intensity per rupee of turnover: 0.00000119
- Total emission intensity adjusted for PPP: 0.00002420
Waste Management (FY 2025-26):
- Total waste generated: 13,776.35 metric tonnes
- Plastic waste: 147.67 metric tonnes
- E-waste: 12.89 metric tonnes
- Construction and demolition waste: 12,637.22 metric tonnes
- Hazardous waste: 716.74 metric tonnes
- Waste intensity per rupee of turnover: 0.000000138
- Waste intensity adjusted for PPP: 0.000002807
Health and Safety Performance
Safety Incidents (FY 2025-26):
- Lost Time Injury Frequency Rate (LTIFR): Employees - 0, Workers - 0.09
- Total recordable work-related injuries: Employees - 0, Workers - 10
- Fatalities: Employees - 0, Workers - 1
- High consequence work-related injury: Employees - 0, Workers - 10
Training and Development
Training Coverage (FY 2025-26):
- Employees: 4,768 received health and safety training (100%), 1,009 received skill upgradation training (21.16%)
- Workers: 32,040 received health and safety training (100%), 7,684 received skill upgradation training (23.99%)
CSR Initiatives
CSR Projects and Beneficiaries:
1. Financial contribution to Bunts Sangha Mumbai: Education for poor students (40), higher education (20), vocational training for widows (100), eye camps and medical checkups (120)
2. Innovation/Multi Skill Lab in Navy Children School, Karwar: 550 beneficiaries
3. Infrastructure development at various schools in Andhra Pradesh: 350-120 beneficiaries per school
4. Multiple community development initiatives through Adani Foundation covering education, healthcare, livelihood development, and climate action
Assurance Report
Independent Assurance:
- Assurance provider: Carbon Check (India) Private Limited
- Type: Reasonable assurance engagement
- Standards: ISAE 3000 (Revised)
- Scope: BRSR Core indicators
- Conclusion: The identified sustainability information is in compliance, in all material respects, with the criteria
- Note: Comparative disclosures under Principle 6 were restated following refinement of data inputs and calculation methodology
Grievance Mechanisms
Complaints Received (FY 2025-26):
- Shareholders: 8 complaints received, 1 pending resolution
- Employees and workers: 0 complaints on working conditions, health & safety
- Human rights: 0 complaints across all categories
- Sexual harassment: 0 complaints reported