Date: August 26, 2026

General Disclosures

Corporate Details:

  • Corporate Identity Number (CIN): L51109UP1987PLC009090
  • Year of incorporation: 1987
  • Corporate office: 113/216 B, First Floor, Swaroop Nagar, Kanpur, Uttar Pradesh-208002
  • Reporting financial year: 2025-2026
  • Stock exchanges: BSE Limited and National Stock Exchange of India Limited
  • Paid-up capital: ₹26,79,59,840 (divided into 2,67,95,984 equity shares of ₹10 each)
  • Contact person: Mr. Kamal Kumar Jain, Vice-President (Admin & Legal), legal@ganeshaecosphere.com, 0512-2555505-06
  • Reporting boundary: Standalone basis unless otherwise specified
  • Assurance provider: J. Sundharesan & Associates
  • Type of assurance: Limited assurance on certain parameters

Business Activities:

  • Main activity: Manufacturing of Recycled Polyester (98.87% of turnover)
  • Products: Polyester Staple Fibre (84.75% of turnover), Spun Yarn (11.91% of turnover), Dyed Texturized Yarn (2.21% of turnover)

Operations:

  • Number of locations: 7 total (4 plants, 3 offices) all national, no international operations
  • Markets served: 21 Indian states, 16 international countries
  • Export contribution: 9.16% of total turnover
  • Customer base: Business-to-Business (B2B) model serving automotive sector, spinning mills, geo-textiles manufacturers, packaging material manufacturers, conventional textile manufacturers, non-woven products manufacturers, and other industrial customers

Employees:

  • Total employees: 544 (530 male, 14 female)
  • Total workers: 1,831 (1,225 permanent male, 436 permanent female, 170 other than permanent male)
  • Differently abled employees/workers: Nil
  • Women representation: Board of Directors - 1 out of 8 (12.50%), Key Management Personnel - 0 out of 2

Subsidiaries/Associates:

  • Ganesha Ecopet Private Limited (Subsidiary, 100% holding)
  • Ganesha Ecotech Private Limited (Subsidiary, 100% holding)
  • Ganesha Overseas Private Limited (Subsidiary, 100% holding)
  • Ganesha Recycling Chain Private Limited (Associate/Joint Venture, 49% holding)

CSR Details:

  • CSR applicable: Yes under section 135 of Companies Act, 2013
  • Turnover: ₹99,967.02 lakh
  • Net worth: ₹1,29,720.72 lakh

Material Responsible Business Conduct Issues

Energy Consumption (Risk and Opportunity):

  • Risk: Operations require significant thermal and electrical energy, susceptible to cost fluctuations
  • Opportunity: Enhance energy efficiency and increase renewable energy adoption
  • Approach: Solar PV systems, energy-efficient machinery, heat recovery systems, biomass utilization, renewable energy PPAs, electric vehicle adoption
  • Financial implications: Negative - energy cost inflation impacts production costs; Positive - solar energy reduces grid dependency and long-term costs

Waste Management (Opportunity):

  • Opportunity: Growing demand for verified PET waste processing capabilities
  • "Go Rewise" initiative captures value from plastic waste ecosystem
  • Financial implications: Positive - growth opportunities from sustainable waste management and EPR compliance

Materials Sourcing & Efficiency (Risk):

  • Risk: Dependence on post-consumer PET waste creates supply chain vulnerabilities
  • Approach: Extensive collection network, strategic supplier relationships, inventory management
  • Financial implications: Negative - supply disruptions or price increases could reduce gross margins

Business Model Resilience (Opportunity):

  • Opportunity: Integrated recycling and manufacturing model responds to regulatory requirements and circular economy initiatives
  • Financial implications: Positive - diversified portfolio generates consistent revenue growth and potential price premiums

Growing Demand for Sustainable Products (Opportunity):

  • Opportunity: Increasing demand for recycled materials from global textile brands
  • Financial implications: Positive - improved realizations and stable revenue streams

Water Management (Risk):

  • Risk: Water scarcity, climatic conditions, and regulatory requirements may impact operations
  • Approach: Water conservation measures, STPs, ETPs, water reuse, monitoring
  • Financial implications: Negative - increased water procurement costs and compliance expenses

Management and Process Disclosures

Policies and Compliance:

  • All required policies approved by Risk Management Committee
  • Policies include: Anti-corruption, Ethical Policy, Supplier Code of Conduct, Social policy, Complaint Policy, Stakeholder Management Policy, Human Rights Policy, Environmental Policy, Policy on Responsible Advocacy, CSR Policy, Cyber Security and Data Privacy Policy
  • Policies available at: https://ganeshaecosphere.com/corporate-governance-policies
  • Policies translated into procedures: Yes
  • Policies extend to value chain partners: No

Certifications:

  • ISO 9001:2015 (Quality Management System)
  • ISO 14001:2015 (Environmental Management System)
  • ISO 45001:2018 (Occupational Health & Safety Management System)
  • OEKO-TEX Standard 100
  • Global recycled standard
  • Ocean Bound Plastic (OBP)
  • Sedex 4 Pillar

Goals and Targets:

  • Water Management: Improve water use efficiency by 15% by 2029-30; "Net Positive Water Balance" for one facility by 2029-30
  • Climate: Submit SBTi targets for validation by FY 2027-28
  • Employee Learning: 100% employee training annually by 2027-28; minimum 20 hours safety training per factory worker annually by 2028-29
  • Supplier Assessment: ESG assessment of suppliers constituting 20% procurement spent by 2029-30
  • CSR: Reach 125,000 cumulative beneficiaries by 2029-30
  • ESG Certification: Achieve GreenCo Certificate by CII for one facility by 2027-28

Governance Structure:

  • Highest authority: Risk Management Committee with Board supervision
  • Committee composition: Mr. Narayanan Subramaniam (Chairman), Mr. Shyam Sunder Sharmma (Member), Mr. Vishnu Dutt Khandelwal (Member), Mr. Sharad Sharma (Member), Mr. Jagat Jit Singh (Member)
  • Review frequency: Performance against policies - annually; Compliance - annually
  • External assessment: Tirkha Consultants & Advisors LLP

Principle-wise Performance Disclosure

Training and Awareness:

  • Board of Directors: 4 programs, 100% coverage
  • Key Managerial Personnel: 5 programs, 100% coverage
  • Other employees: 96 programs, 83.39% coverage
  • Workers: 131 programs, 68.93% coverage

Fines/Penalties:

  • No monetary or non-monetary fines/penalties in FY 2025-26

Anti-corruption:

  • Policy exists and available on website
  • No disciplinary actions against Directors/KMPs/employees/workers for bribery/corruption
  • No complaints regarding conflict of interest

Accounts Payable:

  • Number of days of accounts payables: 35 days (FY 2025-26) vs 33 days (FY 2024-25)

R&D and Capex Investments:

  • R&D: 100% allocated to environmental and social improvement
  • Capex: 6.27% allocated to environmental and social improvement (vs 19.61% in FY 2024-25)

Employee Well-being:

  • Permanent employees: 100% covered by health and accident insurance
  • Permanent workers: 100% covered by health and accident insurance
  • Spending on well-being measures: 0.24% of total revenue

Retirement Benefits:

  • PF: 63.60% employees, 70.56% workers covered
  • Gratuity: 100% employees and workers covered
  • ESI: 25.37% employees, 76.41% workers covered

Workplace Safety:

  • Occupational health and safety management system implemented (ISO 45001:2018)
  • Lost Time Injury Frequency Rate: 1.97 for workers (per million person hours)
  • Total recordable work-related injuries: 8 for workers
  • No fatalities
  • Health and safety complaints: 4 filed during year, all resolved

Human Rights:

  • 87.13% employees and 91.04% workers received human rights training
  • Median remuneration: Board members ₹15.45 lakh (male), ₹12.95 lakh (female); KMPs ₹42.16 lakh; Other employees ₹3.94 lakh (male), ₹3.20 lakh (female); Workers ₹1.60 lakh (male), ₹1.44 lakh (female)
  • Gross wages paid to females: 10.98% of total wages
  • No complaints on sexual harassment, discrimination, child labor, forced labor, wages, or other human rights issues

Environmental Performance:

Energy Consumption:

  • Total energy consumed: 982,078.70 GJ
  • Renewable sources: 368,776.92 GJ
  • Non-renewable sources: 613,301.78 GJ
  • Energy intensity: 9.68 per rupee of turnover

Water Management:

  • Water withdrawal: 201,829.00 KL (all groundwater)
  • Water consumption: 201,829.00 KL
  • Water discharge: 122,450 KL (all with treatment through ETP/STP)
  • Water intensity: 1.99 per rupee of turnover
  • Zero Liquid Discharge mechanism being implemented

Air Emissions:

  • NOx: 26.34 tonnes
  • SOx: 51.41 tonnes
  • Particulate matter: 59.06 tonnes

GHG Emissions:

  • Scope 1 and 2 emissions: 40,605.57 metric tonnes CO2 equivalent
  • Emission intensity: 0.78 per rupee of turnover
  • Projects for reduction: Solar PV systems, energy-efficient equipment, electric vehicles

Waste Management:

  • Total waste generated: 156.07 metric tonnes
  • E-waste: 0.18 MT
  • Battery waste: 7.40 MT
  • Other hazardous waste: 33.17 MT
  • Other non-hazardous waste: 115.32 MT
  • Waste disposal: 115.32 MT landfilled, 40.75 MT other disposal
  • Waste intensity: 0.0015 per rupee of turnover

Social Performance:

  • Percentage of input material sourced from MSMEs: 0.59%
  • Percentage of input material sourced from within India: 85.92%
  • Wages paid by location: Rural 39.28%, Urban 31.49%, Metropolitan 29.23%

Assurance Report:

  • Limited assurance provided by J. Sundharesan & Associates on selected BRSR parameters
  • Assurance standard: ISAE 3000 (Revised) and ISAE 3410
  • Reporting boundary: Standalone operations covering registered office, corporate office, and all manufacturing units
  • Assurance conclusion: Disclosures provide fair representation and meet BRSR requirements