Everest Industries Reports on Sustainability, Highlighting Decarbonization Efforts and Stakeholder Focus

Everest Industries Reports on Sustainability, Highlighting Decarbonization Efforts and Stakeholder Focus​

Everest Industries Limited, a long-standing player in building solutions, has detailed its operational footprint and commitment to environmental and social governance standards for the financial year 2025-26. The company reported key metrics across manufacturing activities, workforce engagement, and adherence to sustainable sourcing practices.

The company’s core business revolves around providing integrated construction solutions, which include roofing sheets, boards, and pre-engineering steel buildings (PEB). As of March 31, 2026, the company’s paid up capital stands at Rs. 15,85,57,540/- against 1,58,55,754 Equity Shares.

Operational Scale and Market Reach​

Everest Industries operates a nationwide network of plants and offices, serving both domestic and international markets. The company reports having 8 national plants and 5 national offices, in addition to sales operations that extend across 36 Indian states and into 18 countries globally.

The business activities are primarily segmented between manufacturing building products (75% of turnover) and steel buildings (25%). Key product categories contributing to the company's overall turnover include Roofing Sheet (54%), Boards (21%), and Pre-Engineering Steel Buildings (25%).

Workforce and Social Governance​

As per the Business Responsibility Report, Everest Industries employs a total of 924 permanent employees and 2,894 workers.

The composition of the workforce includes:

• Permanent Employees: A total of 737 individuals, with 689 male employees (93.50%) and 48 female employees (6.50%).
• Total Workers: A figure of 2,894, comprising 2,361 "Other than Permanent" workers (primarily associated with steel building erection projects) and 533 permanent workers.

In terms of governance and human rights adherence, the company reports that the Board of Directors includes 7 members, two of whom are female (29%). The Key Management Personnel (KMP) team also includes one female member, representing 33.33% of KMPs.

The organization emphasizes a safe workplace environment, having implemented an Occupational Health and Safety Management System (OHSMS). All manufacturing units and the corporate office possess IMS certification (integrating ISO 9001, ISO 14001, and ISO 45001) to standardize operations. The company maintains a proactive safety culture through regular Plant Head and Leadership Safety Rounds, along with strengthening its Permit-to-Work (PTW) and Lockout-Tagout (LOTO) systems for high risk activities.

Commitment to Environmental Sustainability​

Everest Industries demonstrates significant commitment across several environmental metrics:

GHG Emissions & Energy:
The company is actively pursuing decarbonization through energy efficiency improvements and renewable adoption. In FY 2025-26, total energy consumption stood at 322717.6 GJ. A substantial portion of this was covered by renewable sources (171565.23 GJ), which includes solar power from captive projects and biomass fuel consumption, resulting in an estimated CO2 emissions avoidance of 16,852 tCO2e through renewable fuels alone.

The calculated intensity of Scope 1 and Scope 2 GHG emissions per rupee of turnover adjusted for Purchasing Power Parity (PPP) was recorded at 3.98 x 10^-5 in FY 2025-26, showing improvement compared to the previous year's figure.

Water Stewardship:
The company operates Zero Liquid Discharge (ZLD) mechanisms across all its manufacturing units producing roofing and boards, ensuring that no industrial wastewater is discharged outside plant premises. Sewage generated from domestic processes is treated through Sewage Treatment Plants (STPs), with the resulting water being reused for greenbelt maintenance. The total volume of water consumption in FY 2025-26 was 556044 kilolitres, maintaining a water intensity per rupee of turnover adjusted for PPP at 8.46 x 10^-4.

Waste Management:
The company maintains a structured and responsible waste management strategy, ensuring that hazardous waste is sent to PCB-authorized vendors. In FY 2025-26, the total waste generated amounted to 5249.246 metric tonnes. Of this amount, 4734 metric tonnes were recycled or re-used, indicating a high rate of resource circularity within the operation.

Stakeholder Management and Ethical Conduct​

The company has established comprehensive frameworks for ethical business conduct. A dedicated Anti-Corruption and Anti-Bribery policy is in place, supported by mandatory training provided to all employees.

In terms of stakeholder engagement, Everest Industries maintains processes to engage with key groups including direct customers, employees, vendors, and communities. The company’s grievance mechanism extends to the community, providing access points such as a dedicated foundation email for addressing concerns.

Focus areas include:

• Employee Well-being: The company reported 100% coverage of permanent employees (both male and female) regarding Health Insurance and Accident Insurance in FY 2025-26.
• Product Stewardship: A strategic commitment has been made to conduct Life Cycle Assessments (LCA) for the Boards and Panels division, aiming for at least 50% of that segment's revenue to be derived from EPD-certified products by 2027.

This focus on ESG factors underscores Everest Industries’ strategy to build a resilient, future ready company through sustainable growth practices across all operational dimensions.

EVERESTIND Stock Price Movement​

On Friday, Everest Industries Limited shares edged higher in the market, settling at ₹491.85 after gaining 2.38%. The stock traded on a limited volume of 9,374 shares during the session.