NSEGeneral Updates20m ago · 5 Sept 2026, 08:43 pm
General Updates
Mtar Technologies Limited · MTARTECH
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MTAR Technologies Limited has submitted its Business Responsibility and Sustainability Report for the Financial Year 2025-26, highlighting its commitment to ESG considerations and sustainable growth.
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To, Date: 5th September, 2026
BSE Limited. National Stock Exchange of India Limited,
P. J. Towers, Dalal Street, Exchange Plaza, Bandra Kurla Complex,
Mumbai-400001 Bandra (E), Mumbai- 400051
(BSE Scrip Code: 543270) (NSE Symbol: MTARTECH)
Dear Sir/Madam,
Sub: Business Responsibility and Sustainability Report for the Financial Year 2025-26
Unit: MTAR Technologies Limited
ISIN: INE864I01014
Pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, as amended, we are enclosing herewith the Business Responsibility and
Sustainability Report for the Financial Year 2025-26, which forms part of Annual Report for the
Financial Year 2025-26.
Kindly take this submission on your record.
Thanking you,
For MTAR Technologies Limited
Priyanka Agarwal
Company Secretary and Compliance Officer
Membership No.: A76000
Encl: As above
MTAR Technologies Limited BRSR FY 2025 - 26
Business Responsibility
and Sustainability Report
MTAR Technologies Limited
FY 2025 - 26
MTAR Technologies Limited BRSR FY 2025 - 26 2
ESG at the Core of Our Business
The Company continues to integrate ESG
considerations into its business strategy
and operations, supporting its commitment
to responsible and sustainable growth.
In FY26, the Company continues to derive
more than 70% from the manufacture of
climate-positive products, underscoring its
strategic focus on contributing
meaningfully to the global low-carbon
economy.
MTAR Technologies Limited BRSR FY 2025 - 26
Our ESG Outlook
The Company believes that businesses stakeholders including investors, and aligning with sustainable
have an increasingly important role in customers, employees, suppliers, and the procurement practices.
addressing environmental and social wider community. The Company has ad-
priorities while maintaining high opted a comprehensive ESG framework 3.Reducing Costs – By maintaining energy
standards of governance. As expectations that is closely aligned with its strategic efficiency, resource optimization, and waste
from customers, investors, employees priorities. We believe ESG integration minimization.
and other stakeholders continue to directly contributes to business
evolve, sustainability considerations are performance and impacts cash flows in 4. Minimising Regulatory and Legal
becoming increasingly integral to long- six key ways: Interventions – Through compliance and
term business strategy, operational staying ahead of evolving ESG regulations.
resilience 1. Facilitating Top-Line Growth –
Through access to new markets, custom- 5. Increasing Employee Productivity – By
Progressive and proactive ESG policies er segments, and innovation in sustain- improving workplace practices, diversity, and
are fundamental to ensuring long-term, able products. employee engagement.
sustainable growth. They not only
contribute to a better world but also 2. Improving Bottom-Line Performance 6. Optimising Investment and Capital
deliver enhanced value to all – By enhancing operational efficiency Expenditure – By aligning capital allocation
with long-term sustainability goals.
Our Environment Commitment
MTAR firmly believes that making sound In FY26, a majority of our revenue was recognized environmental standards.
environmental decisions leads not only to derived from the clean energy segment,
improved investment outcomes but also including civil nuclear power, fuel cells, In addition, the Company has successfully
to enhanced well-being for stakeholders hydropower, and other sustainable indigenized several products in the Clean
and society at large. We are committed solutions. The Company sees substantial Energy vertical that were previously
to continuously reducing the future potential in the growing market imported. This has directly contributed to
environmental impact of our for climate positive products. reducing carbon emissions by eliminating
operations by manufacturing the need for overseas shipments. In the
climate-positive products that contribute As part of our efforts to improve the past, the Company has also developed
to the reduction of carbon emissions, sustainability of our operations and other import substitutes, including ball
and by making our internal processes reduce energy consumption, the screws and water-lubricated bearings,
more sustainable. Company has installed solar rooftops at further supporting our sustainability
some of our units. These initiatives are goals and national self-reliance.
Over the decades, the Company has aligned with our broader goal of
significantly strengthened its presence in minimizing our environmental footprint.
the clean energy segment,
manufacturing products that support a Our facilities at Unit 1, Unit 2, EOU,
variety ofclean technologies. This long- and Adibatla are certified under ISO
term focus enables us to play a meaning- 14001:2015 for Environmental
ful role, however modest, in the global Management Systems, underscoring our
transition toward a low-carbon economy. commitment to internationally
Revenue as % of total revenue from
operation
FY 22 FY 23 FY 24 FY25 FY26
Clean Energy – Fuel Cells & Hydel 62.61% 77.04% 60.53% 61.7% 70.16%
Clean Energy – Civil nuclear Power 14.19% 7.64% 10.67% 2.7% 2.69%
Total 76.80% 84.68% 71.21% 64.4% 72.85%
MTAR Technologies Limited BRSR FY 2025 - 26 4
We drive inclusive growth by empowering our people, supporting communities and fostering ethical,
trusted and sustainable partnerships across our value chain.
Diversity, Equity and inclusion Employee Welfare and Training
The Company has fostered a culture most recent annual survey, we recorded
The Company is committed to building a
of excellence and continuous learning, an Employee Satisfaction Index of 87%
workplace where diversity is valued,
reflected in strong employee retention and and a Net Promoter Score (NPS) of 27.
opportunities are equitable, and every
a knowledge-driven work environment. By These positive outcomes, supported by
employee is empowered to contribute and grow.
connecting individual roles with the larger our robust talent management practices,
Our people practices are guided by the principles
purpose of contributing to nation- have contributed to consistently high
of fairness, respect and inclusion, with a focus on
building, we seek to create a strong sense employee retention.
creating an environment where individuals from
of purpose and engagement across the
diverse backgrounds and identities can thrive.
organisation. We continue to strengthen
Vendor Development
our talent pool through focused
We recognise that the manufacturing sector has
recruitment, employee development,
historically had lower representation of women, Responsible sourcing and strong
retention initiatives and continuous
and this is reflected in our workforce as well. vendor partnerships are integral
learning, reinforcing our commitment to
Improving gender diversity therefore remains to our supply chain approach. The
building a skilled, engaged and
an important area of focus for the Company. We Company maintains prompt and
future-ready workforce.
are progressively working towards enhancing transparent payment practices
women’s participation across the organisation while supporting local suppliers,
The Company’s Environment, Health and
and creating an enabling workplace that supports with over 40% of raw materials
Safety (EHS) framework is centred on
their long-term growth and development. Though sourced locally. This strengthens
creating and sustaining a safe, healthy and
meaningful change might take time, we remain the regional economy while
responsible workplace, with employee
committed to making consistent and sustained fostering a resilient, sustainable
well-being and occupational safety
progress towards a more diverse and balanced and inclusive supply chain.
embedded across its operations.In
workforce as the organisation continues to grow.
alignment with this commitment, our
facilities at Unit 1, Unit 2, Unit 3, Unit
6 and EOU are certified under I
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