Date: 25th August, 2026

General Company Information

  • Corporate Identity Number: L74899HR1996PLC123264
  • Year of incorporation: 5th November, 1996
  • Corporate office: Plot No. 9, Institutional Area, Sector-44, Gurugram-122003, Haryana
  • Paid-up Capital: ₹23,64,94,264/-
  • Financial Year: 1st April 2025 – 31st March 2026
  • Reporting Basis: Consolidated (including subsidiaries, excluding joint ventures)

Business Activities Breakdown

  • Auto Components (Sheet Metal Components and Systems): 56.57% of turnover
  • OEM (Electric Buses): 37.90% of turnover
  • Tool Room (Tools, Dies & Moulds): 5.53% of turnover

Operational Presence

  • National Locations: 22 (18 Plants + 3 Working Depots + 1 Office)
  • International Locations: 0
  • Markets Served: 21 Indian states, 9 international countries
  • Export Contribution: 0.32% of total turnover

Workforce Statistics (FY 2025-26)

Employees

  • Total Permanent Employees: 2,437
  • Male: 2,376 (97.50%)
  • Female: 61 (2.50%)
  • Turnover Rate: 19.63% (Male: 19.82%, Female: 11.32%)

Workers

  • Total Workers: 9,559
  • Permanent Workers: 551 (100% male)
  • Other than Permanent: 9,008 (Male: 8,607, Female: 401)

Governance Structure

  • Board of Directors: 6 members with 1 female (16.67%)
  • Key Management Personnel: 4 members with 0 female
  • Board Committees: Risk Management and Sustainability Committee, Stakeholder Relationship Committee
  • ESG Oversight: Mr. Dhiraj Mohan (Whole time Director) responsible for implementation

Subsidiary and Joint Venture Structure

The company has 22 associated entities:

  • 7 Subsidiaries (100% or 99% owned) participating in business responsibility initiatives
  • 15 Joint Ventures (51-83% owned) not participating in business responsibility initiatives
  • Notable subsidiaries: JBM Electric Vehicles, Indo Toolings, MH Ecolife Emobility, JBM EV Ventures

CSR Applicability

  • CSR Applicable: Yes
  • Turnover (standalone): ₹6,088.37 crores
  • Net Worth (standalone): ₹1,538.27 crores

Grievance Redressal (FY 2025-26)

  • Shareholders: 11 complaints filed, 0 pending
  • Employees and Workers: 184 complaints filed, 0 pending
  • Customers: 222 complaints filed, 0 pending
  • Communities: 0 complaints filed
  • Value Chain Partners: 0 complaints filed

Material ESG Issues Identified

The company identified 15 material issues with risk/opportunity assessment:

1. Corporate Governance (Opportunity) - Positive financial implications

2. Energy and Emissions (Opportunity) - Positive financial implications

3. Business Ethics and Compliance (Risk) - Negative financial implications

4. Employee Wellbeing & Talent Management (Opportunity) - Positive financial implications

5. Climate Change (Risk) - Negative financial implications

6. Data Privacy and Cybersecurity (Risk) - Negative financial implications

8. Customer Relationship (Risk) - Negative financial implications

9. Product Safety and Quality (Risk) - Negative financial implications

10. Product Stewardship and Innovation (Opportunity) - Positive financial implications

11. Human Resources & Labour Practices (Risk) - Negative financial implications

12. Occupational Health & Safety (Risk) - Negative financial implications

13. Water Management and Resilience (Risk) - Negative financial implications

14. Waste Management and Circularity (Risk) - Negative financial implications

15. Energy and Emission (Risk) - Negative financial implications

Financial Penalties

  • One penalty of ₹16,484 + interest ₹27,622 paid to Office of the Joint Commissioner ST, Chengalpattu for ITC credit block under Tamil Nadu GST Act, 2017
  • No imprisonment or punishment cases
  • No material impact on financials or operations

Training and Awareness Programs

  • Board of Directors: 6 programs covering all 9 NGRBC principles (100% coverage)
  • KMPs: 4 programs covering all principles (100% coverage)
  • Employees: 670 programs on health/safety, technical training, POSH, whistleblowing (100% coverage)
  • Workers: 407 programs on health/safety, 5S, technical training (100% coverage)

Sustainability Performance Data (FY 2025-26)

Energy Consumption

  • Total Energy Consumed: 294,241 GJ
  • Renewable Energy: 70,580.09 GJ (24%)
  • Non-Renewable Energy: 223,660.91 GJ (76%)
  • Energy Intensity: 0.0000048328 GJ/₹ revenue

Water Management

  • Total Water Withdrawal: 317,073 kL
  • Groundwater: 29,641 kL
  • Third-party Water: 287,432 kL
  • Water Consumption: 253,658.40 kL (80% of withdrawal)
  • Water Discharge: 63,415 kL (20% of withdrawal)
  • Zero Liquid Discharge implemented at most facilities

GHG Emissions

  • Scope 1 Emissions: 5,188 MT CO2e
  • Scope 2 Emissions: 39,559.25 MT CO2e
  • Total Emissions Intensity: 0.0000007350 MT CO2e/₹ revenue

Waste Management

  • Total Waste Generated: 108,016.25 MT
  • Hazardous Waste: 209.03 MT (Plastic: 11.08, E-waste: 3.98, Battery: 13.96, Other: 180.00)
  • Non-Hazardous Waste: 107,806.24 MT (mainly metal/glass: 78,058.65 MT)
  • Waste Recovery: 82,031.17 MT through recycling/reuse

Assurance and Compliance

  • Assurance Provider: Vinay and Keshava LLP
  • Assurance Type: Limited Assurance
  • International Certifications: ISO 9001:2015, IATF 16949:2016, ISO 14001:2015, ISO 45001:2018, ISO 50001, ISO 27001
  • Environmental Compliance: Fully compliant with Water Act, Air Act, Environment Protection Act

Stakeholder Engagement

Key stakeholder groups identified: Employees, Customers, Regulators, Government Agencies, Suppliers, Media, Communities

Engagement channels include meetings, surveys, industry forums, and formal communication processes

Human Rights and Diversity

  • Human Rights Training: 60.73% employees, 84.14% workers covered
  • Minimum Wage Compliance: 100% for permanent employees/workers
  • Median Remuneration: Male employees ₹5,12,448, Female employees ₹4,86,480
  • POSH Complaints: 0 cases reported
  • Gender Diversity: Gross wages to females 1.49% of total wages

Supply Chain Management

  • MSME Sourcing: 6.09% of total inputs by value
  • Domestic Sourcing: 99.39% from within India
  • Supplier Code of Conduct implemented across value chain

Limited Assurance Conclusion

Vinay and Keshava LLP provided limited assurance on BRSR Core indicators, concluding that nothing came to their attention suggesting the identified sustainability information was not prepared in all material respects in accordance with the criteria.