Date: 26 August 2026

Business Operations

Main Business Activity: Manufacture of pharmaceuticals, medicinal chemical and botanical products

  • % of Turnover: 95.72%
  • NIC Code: 21009

Operations Footprint:

  • National: 13 plants, 2 offices, 5 R&D centres (Total 20 locations)
  • International: 1 office (Total 1 location)

Markets Served:

  • National: 16 States
  • International: 59 Countries
  • Export Contribution: 84% of total turnover
  • Customer Types: Global Pharma Industries including Contract Development and Manufacturing Organizations (CDMO)

Workforce Data

Employees and Workers (including differently abled):

Employees:

  • Permanent: 1,228 (Male: 1,130, 92.02%; Female: 98, 7.98%)
  • Other than permanent: 0
  • Total Employees: 1,228

Workers:

  • Permanent: 1,583 (Male: 1,451, 91.66%; Female: 132, 8.34%)
  • Other than permanent: 2,240 (Male: 1,890, 84.38%; Female: 350, 15.63%)
  • Total Workers: 3,823

Differently Abled: 0 employees and 0 workers

Gender Representation:

  • Board of Directors: 10 total, 2 female (20%)
  • Key Management Personnel: 2 total, 0 female (0%)

Turnover Rates (FY 2025-26):

  • Permanent Employees: Male 17.2%, Female 14.6%, Total 17%
  • Permanent Workers: Male 15.9%, Female 22.3%, Total 16.5%

Subsidiary and Associate Companies

1. Cohance Lifesciences Inc., USA - Wholly-owned Subsidiary (100%)

2. Sapala Organics Private Limited, India - Subsidiary Company (67.5%)

3. NJ Bio Inc, USA - Subsidiary Company (56%)

4. NJBIO India Pharmaceutical Private Limited, India - Step-down wholly-owned subsidiary (100%)

5. NJ Biotherapeutics, LLC, USA - Step-down wholly-owned subsidiary (100%)

6. Aruka Bio, Inc - Associate Company (39.22%)

None participate in the Business Responsibility initiatives of the listed entity.

CSR Applicability

  • CSR Applicable: Yes
  • Turnover (₹ Crore): 2504.43 (FY 2024-25)
  • Net worth (₹ Crore): 4,267.77 (FY 2024-25)

Material Responsible Business Conduct Issues

1. Energy Management and GHG Emission (Risk)

  • Rationale: Pharmaceutical sector contributes to global greenhouse gas emissions with energy-intensive processes
  • Approach: Installation of solar power systems, energy-efficient equipment, LED lighting, advanced technologies
  • Financial Implications: Negative

2. Water & Wastewater Management (Risk)

  • Rationale: Critical for manufacturing with stringent regulatory frameworks
  • Approach: Comprehensive waste management system, Zero Liquid Discharge program, third-party treatment
  • Financial Implications: Negative

3. Product Quality & Safety (Opportunity)

  • Rationale: Maintaining highest standards is paramount with ISO certifications
  • Approach: Robust Quality Management Systems
  • Financial Implications: Positive

4. Labour Practices (Opportunity)

  • Rationale: Attract and retain skilled professionals in competitive landscape
  • Approach: Incentives, performance bonuses, recognition programs, comprehensive safety protocols
  • Financial Implications: Positive

5. Materials Sourcing & Efficiency (Risk)

  • Rationale: Dependency on imports for Key Starting Materials and APIs creates supply chain vulnerability
  • Approach: Regular assessment of supplier capabilities, financial stability, and contingency plans
  • Financial Implications: Negative

6. Occupational Health and safety (Risk)

  • Rationale: Commitment to safe workplace free from injuries, accidents, and fatalities
  • Approach: ISO 45001 certification, Health and Safety Systems, safety training, audits
  • Financial Implications: Negative

Sustainability Goals and Performance

Goals and Targets:

1. Achieve Net Zero greenhouse gas emissions by 2050

2. 15% reduction energy consumption by 2033

3. 50+% of energy from renewable sources by 2033

4. 25% reduction in water usage by 2033

5. 15% reduction in waste generation by 2033

6. Average 30 hours EHS training by FY 2030

7. Increase Gender Diversity from 8.2% to 15% by 2033

8. Reduce absolute Scope 1 & 2 GHG emissions by 58.8% and Scope 3 GHG emissions by 35.0% by FY2035

9. Reduce absolute Scope 1, 2 & 3 GHG emissions by 90.0% by FY2050

FY 2025-26 Achievements:

  • 16.9% reduction in total energy intensity per unit of physical output
  • Renewable energy consumption improved by 19.03%
  • 4.68% reduction in water usage
  • Gender diversity at 8.2%
  • Scope 1 and Scope 2 GHG emission intensity declined by approximately 18.9%
  • Absolute Scope 3 GHG emissions reduced by approximately 6.4%

Environmental Metrics

Energy Consumption (FY 2025-26):

  • From renewable sources: 1,34,027 GJ
  • From non-renewable sources: 7,20,215 GJ
  • Total energy consumed: 8,54,242 GJ
  • Energy intensity per rupee of turnover: 420.71 GJ/₹ Crore
  • Energy intensity in terms of physical output: 145.87 GJ/MT

Water Management (FY 2025-26):

  • Water withdrawal: 4,49,434.27 kilolitres
  • Water consumption: 3,44,100.95 kilolitres
  • Water intensity per rupee of turnover: 169.47 kilolitres/₹ Crore
  • Water intensity in terms of physical output: 58.76 kilolitres/MT
  • Water discharged: 1,05,333.32 kilolitres (all with treatment)

Air Emissions (FY 2025-26):

  • NOx: 36.10 tonne
  • SOx: 64.79 tonne
  • Particulate matter (PM): 44.50 tonne
  • Volatile organic compounds (VOC): 1.80 tonne

Greenhouse Gas Emissions (FY 2025-26):

  • Scope 1 emissions: 56,324.052 tCO2e
  • Scope 2 emissions: 63,712.1107 tCO2e
  • Total Scope 1 and 2 emission intensity per rupee of turnover: 59.12 tCO2e/₹ Crore
  • Scope 3 emissions: 1,08,204.078 tCO2e
  • Scope 3 emission intensity per rupee of turnover: 53.29 tCO2e/₹ Crore

Waste Management (FY 2025-26):

  • Total waste generated: 28,823.13 metric tonnes
  • Plastic waste: 416.13 metric tonnes
  • E-waste: 12.63 metric tonnes
  • Bio-medical waste: 7.79 metric tonnes
  • Other Hazardous waste: 22,800.42 metric tonnes
  • Other Non-hazardous waste: 5,586 metric tonnes
  • Waste recovered: 24,762 metric tonnes
  • Waste disposed: 3,510.28 metric tonnes
  • Waste intensity per rupee of turnover: 14.20 metric tonnes/₹ Crore

Governance and Compliance

Policy Framework: The company has implemented policies covering all 9 NGRBC Principles approved by the Board/appropriate authority. Policies extend to value chain partners where relevant.

Certifications: ISO 14001:2015, ISO 45001:2018, ISO 27001, ISO 37001, ISO 50001:2018, ISO 22307, SA8000, ISO 20400:2017, ISO 22301:2019, ISO 9001:2015

ESG Governance Structure:

  • ESG Steering Committee: CEO, Executive Chairman, and senior management
  • ESG Implementation Task Force: Site leaders and functional heads

Compounding Fee: ₹8,29,88,900 paid to Reserve Bank of India for alleged violation of FEMA rules in connection with foreign investments in ZCL Chemicals Limited (predecessor to Erstwhile Cohance)

Independent Assurance

Assurance Provider: Sustainability Actions Private Limited

Type: Reasonable Assurance for all BRSR data points

Scope: BRSR Core Attributes covering environmental, social and governance metrics

Opinion: The information covered by Reasonable Assurance in the BRSR is prepared, in all material respects, in accordance with the Reporting Criteria