IG Petrochemicals Ltd Reports Business and Sustainability Performance for FY 2025-26

IG Petrochemicals Ltd Reports Business and Sustainability Performance for FY 2025-26​

I G Petrochemicals Limited (IGPL) has published its Business Responsibility and Sustainability Report for the financial year spanning April 1, 2025, to March 31, 2026. The report details the company's operational footprint, human resource statistics, and commitment to environmental stewardship across various processes.

Operational Overview and Markets Served​

IGPL is a major manufacturer of Inorganic and Organic Chemicals, with these activities accounting for 100% of the entity's turnover. The company operates a network of plants and offices nationally and internationally. Across India, IGPL has operations in 17 states, while its international market reach extends to 19 countries.

The company specializes in chemicals such as Phthalic Anhydride, Maleic Anhydride, Benzoic Acid, and Di-ethyl Phthalate (DEP). These products are mainly utilized by manufacturers of plasticizers, resins, and paints. Additionally, IGPL’s clientele includes companies in the detergent, insecticide/fungicide, personal care product, perfume, dye, insect repellent, food preservative, and packaging film industries.

Financial Structure and Human Capital​

The company holds a paid-up capital of C 30,79,48,500. In terms of human resources, IGPL reported 360 employees and 468 workers as of the end of the financial year.

A notable aspect of corporate governance is the representation of women in leadership roles:

Regarding employee benefits, IGPL ensures that both permanent and temporary staff receive retirement benefits, including Provident Fund (PF) and Gratuity, and deducts ESI for both groups. The company reports that 100% of its employees are covered by the PF scheme in FY 2025-26.

Environmental Stewardship and Waste Management​

IGPL demonstrated significant progress toward reducing environmental impact during the reported year. Specific achievements include:

• Energy Efficiency: Specific power consumption was reduced by 9.79% compared to the FY 2023-24 baseline, surpassing the targeted reduction of 5%.
• Emissions Reduction: Total Scope 1 and Scope 2 emission intensity decreased by 5.17%. The company also noted substantial reductions in NOx (17.05%), SOx (25.04%), and particulate matter emissions (21.68%).
• Water Management: IGPL has implemented Zero Liquid Discharge (ZLD) practices, generating only approximately 45% of its permitted treated effluent discharge during the year. Furthermore, over 80% of wastewater was recycled through treatment and reuse systems, supported by 100% Effluent Treatment Plant coverage.

Regarding waste management, the company maintains structured practices for handling and disposing of all generated materials, compliant with MPCB and CPCB guidelines. In FY 2025-26, IGPL generated a total of 4,533.11 metric tonnes of waste.

Social Responsibility and Governance Focus Areas​

The company maintains a strong commitment to safety and human rights, as demonstrated through several operational metrics:

• Workplace Safety: IGPL employs comprehensive procedures including Hazard and Operability (HAZOP) studies for plant modifications and quantitative risk assessments for storage areas. The report indicates that the Lost Time Injury Frequency Rate (LTIFR) for employees was 1.39 in FY 2025-26, compared to 1.49 in the previous year.
• Employee Wellbeing: Awareness programs were conducted across all employee categories—employees and workers received training on Health & Safety and Governance policies. For permanent employees, male employees reported a 70.93% participation rate in performance and career development reviews in FY 2025-26.
• Stakeholder Engagement: IGPL’s processes for identifying key stakeholders include customers, shareholders/investors, employees, and the local community, with regular engagement frequency tailored to each group's influence and interest level.

The company confirmed that it adheres to all applicable environmental laws and regulations in India.

IGPL Stock Price Movement​

IG Petrochemicals Limited gained 2.35% on Friday, closing at ₹432.15 after the stock edged up by ₹9.90. The equity traded a total volume of 11,976 shares, finishing strong and moving within the day's established range.