Nandan Denim Releases FY26 Business Responsibility and Sustainability Report

Nandan Denim Limited (NDL) has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26, as mandated by Regulation 34(2)(f) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. This report forms an integral part of the company's Annual Report.

The BRSR details NDL's operations, market reach, and stakeholder engagement across various aspects. The company reported a turnover of ₹28,718,738,000 for CSR applicability, with a net worth of ₹6,511,833,000. NDL operates on a standalone reporting basis.

In terms of products and services, NDL is engaged in the manufacturing of textile, leather, and apparel products, with 100% of its turnover derived from manufacturing textile products. The company serves 12 states nationally and 10 countries internationally, with exports contributing 0.71% of its total turnover. The business model is primarily B2B, catering to fabric re-sellers, garment converters, distributors, wholesalers, dealers, brand owners, and exporters.

NDL employed a total of 501 permanent employees and 1225 permanent workers as of the financial year-end. The report highlights the company's commitment to employee well-being, with 100% coverage for health and accident insurance for both employees and workers. NDL also reported a low turnover rate for permanent employees and workers.

The company has identified material responsible business conduct issues including chemical management, people management, and energy management. NDL has implemented a 2 MW Wind Mill Power Project and a 1 MW Solar rooftop system for captive consumption. Additionally, a Group Captive Renewable Energy arrangement is in place to source power from a hybrid renewable energy project comprising 4.3 MW of wind capacity and 4.64 MW (DC) of solar capacity, expected to increase the share of renewable electricity in its energy mix from July 2026.

NDL also detailed its CSR activities, investments in R&D and Capex for environmental and social impact improvements, and sustainable sourcing practices, including the procurement of organic cotton and GOTS-certified chemicals. The company has a robust waste management system and focuses on water conservation through recycling and reuse.

In terms of governance, NDL has policies covering all NGRBC principles and has established a Board committee responsible for decision-making on sustainability-related issues. The company reported a penalty of ₹99,120 from BSE Limited and National Stock Exchange of India Limited for alleged non-compliance with Regulation 17(1A) of the SEBI (LODR) Regulations, 2015. NDL also has an Anti-Bribery Policy and a Code of Ethics and Conduct.