Date: 29.05.2026
KMP / Board / Auditor Changes
Not Specified
Dividend Declaration or Non-Declaration
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Board Meeting Outcomes
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Financial Results (Standalone & Consolidated)
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Auditor’s Report
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Disinvestment / Strategic Actions
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Other Operational / Legal / Strategic Disclosures
Business Responsibility and Sustainability Report 2025-26
General Information:
- Year of Incorporation: October 22, 1997
- Corporate Office: Wing A/1, 1st Floor, Ostwal Heights, Urban Forest, Atun, Bhilwara (Raj.) 311802
- Financial Year: 01.04.2025 to 31.03.2026
- Listed on: National Stock Exchange of India Limited (NSE)
- Paid-up Capital: ₹87,62,69,400
- Contact Person: Mr. Sourabh Gupta (Whole Time Director & CFO)
- Reporting Boundary: Standalone basis
- No assurance provider appointed
Products/Services:
- Business Activity: Manufacturing, Distribution, Sales & Marketing of crop protection and crop nutrition products (100% of turnover)
- Product Mix: Single Super Phosphate (SSP) - 21.06%, NPK & DAP - 53.56%, Other Fertilizer & Trading Product - 25.38%
Operations:
- Number of Locations: 3 plants and 6 offices (all national)
- Markets Served: 10 Indian states, 0% export contribution
- Customer Base: Retailers and distributors through domestic business
Employees:
- Total Workforce: 1,008 (327 employees + 681 workers)
- Employee Gender Distribution: 310 male (94.80%), 17 female (5.20%)
- Worker Gender Distribution: 681 male (100%), 0 female
- No differently abled employees or workers
- Board Diversity: 1 woman out of 8 directors (12.50%)
- KMP Diversity: 1 woman out of 3 KMPs (33.33%)
- Turnover Rates (FY 2025-26): Permanent Employees - 5.53%, Permanent Workers - 2.22%
Holding/Subsidiary:
- Ostwal Phoschem (India) Limited (Holding Company) - 65.23% shareholding
- Does not participate in Business Responsibility initiatives
CSR Details:
- CSR Applicable: Yes
- Turnover: ₹18,669.80 crores
- Net Worth: ₹5,496.99 crores
Material ESG Risks Identified:
1. Environmental Footprint - Water Management (Risk): Water scarcity impacting operations
2. Environmental Footprint - Waste Management (Risk): Non-compliance with recycling regulations
3. Corporate Governance (Risk): Board oversight, conflict of interest, ethics risks
4. Changing Workforce Expectations (Strategic Opportunity and Risk): Talent attraction vs. rising costs
5. Safety Risk (Strategic Risk and Opportunity): Manufacturing operation hazards
Governance Structure:
- Stakeholders Relationship Committee oversees sustainability implementation
- Committee Members: Shruti Babel (Chairman), Gopal Inani, Sourabh Gupta
- Board and SRC provide direction on ESG target implementation
Principle-wise Performance:
Principle 1 - Ethics & Governance:
- Training programs conducted for all employee categories (100% board coverage, 78-86% other staff)
- No fines/penalties or disciplinary actions for corruption
- Accounts payable days: 32 days (FY26) vs 41 days (FY25)
- Sales concentration: 64.52% to top 10 dealers out of 977 dealers
- Related party transactions: Purchases 19.70%, Sales 12.80%
Principle 2 - Sustainable Products:
- 76% of inputs sourced sustainably
- Waste management through Reduce, Reuse, Recycle approach
- EPR applicable and compliance maintained
- Zero Liquid Discharge implemented across all campuses
Principle 3 - Employee Well-being:
- 100% accident insurance coverage for all employees and workers
- 100% maternity benefits for female employees
- Retirement benefits: PF (85.02% employees, 100% workers), Gratuity (67.58% employees, 96.81% workers), ESI (44.65% employees, 95.74% workers)
- Offices accessible to differently abled with ongoing improvements
- 100% retention rate post-parental leave
- Comprehensive grievance mechanism available
Principle 4 - Stakeholder Engagement:
- Key stakeholders: Customers, Investors, Employees, Suppliers, Government, Communities
- Regular engagement through multiple channels including website, meetings, conferences
Principle 5 - Human Rights:
- 87% of employees received human rights training
- Minimum wage compliance: 96.56% permanent male employees above minimum wage
- Median remuneration: KMP male ₹2,41,097, KMP female ₹65,463
- No complaints on sexual harassment, discrimination, child labor, or forced labor
Principle 6 - Environmental Protection:
- Total energy consumption: 340,201.01 GJ (FY26) vs 278,368.96 GJ (FY25)
- Energy intensity: 1.8222 per rupee of turnover
- Water consumption: 578,633.61 kiloliters (FY26)
- Air emissions: NOx 34.300 MT, SOx 199.99 MT, PM 136.94 MT
- GHG emissions: Scope 1 & 2 - 19,879.83 tCO2e
- Green initiative: 10-year agreement with SECI for 130,000 MT/year green ammonia procurement
- Total waste generated: 229.72 MT, 199.57 MT recovered through recycling/reuse
- Full compliance with environmental regulations
Principle 7 - Policy Influence:
- Member of Fertilizer Association of India and Mewar Chamber of Commerce
- No anti-competitive conduct issues
Principle 8 - Inclusive Growth:
- 24% input material sourced from MSMEs/small producers
- 33.75% input material sourced from within district and neighboring districts
- 72% wage cost in rural areas
Principle 9 - Customer Responsibility:
- Customer complaint mechanisms through phone, email, website, social media
- 100% products carry information on safe usage and recycling/disposal
- No product recalls or consumer complaints
- Cyber security framework under Code of Conduct
- No data breaches
Signatures:
- Pankaj Ostwal (Managing Director), DIN: 02586806
- Sourabh Gupta (Whole Time Director & CFO), DIN: 07177647
- Date: 17.04.2026
- Place: Bhilwara