Igarashi Motors Achieves 90% Renewable Energy Use and Records Significant Emission Reductions in FY25-26

Igarashi Motors Achieves 90% Renewable Energy Use and Records Significant Emission Reductions in FY25-26​

Igarashi Motors India Limited (IMIL), a manufacturer of electrical equipment, has demonstrated strong commitments to sustainability and resource efficiency during the Financial Year 2025-26. The company reported significant advancements in environmental stewardship, including achieving 90% renewable electricity usage from private sources for FY 2025-26.

Incorporated in 1992, Igarashi Motors maintains a corporate presence at its registered and corporate offices in Tambaram, Chennai. The company’s paid-up capital stands at ` 3147.50 Lakhs.

Business Scope and Operations​

Igarashi Motors is primarily engaged in the manufacturing of electrical equipment. Of their products portfolio, Electric Micro Motors & Motor Components constitute a dominant 88% of total turnover, while Ceiling Fans (BLDC) contribute 12%. The company operates across 7 states throughout India through 9 plants and 1 office, serving the entire national market. Furthermore, exports represent 57% of the entity’s total turnover for FY 2025-26.

The enterprise's operations include:

Key Environmental and Sustainability Goals​

Igarashi Motors has established a comprehensive ESG roadmap aimed at embedding sustainability into its core business practices. The company reported an impressive 80% cumulative reduction in Scope 1 and Scope 2 emissions in FY 2025-26, using 4955 Ton (2022-23) as the base year for calculation.

Environmental Highlights:

• Renewable Energy: Achieved 90% renewable electricity use from private sources, including solar and wind power, in FY 2025-26.
• Waste Management: The company achieved zero hazardous waste to landfill. Total waste generated during the year amounted to 5,149.15 metric tonnes. Of this total, a substantial 5,157.16 metric tonnes was recovered through recycling or recovery operations, underscoring a commitment to reduced resource consumption.
• Resource Efficiency: The company focused on initiatives like process improvement and design changes that led to reductions in material consumption across various inputs.

Social Governance and Workforce Commitment​

The company maintains a strong focus on employee well-being and career development as part of its social commitments. Training and awareness programs are conducted regularly across the organization, with specialized programs covering governance, compliance, and industry standards (like IATF and ISO 14001/45001) for employees and workers.

Key labor practices include:

• Benefits Coverage: The company ensures that all statutory benefits are provided, including Provident Fund (PF), Gratuity, and Employees State Insurance (ESI) coverage for both permanent and non-permanent staff at 100%.
• Workplace Safety: An Emergency Response Team (ERT) is operational across units, and the entire workforce maintains a high level of commitment to health and safety practices, with assessments conducted on 100% of plants and offices.
• Commitment: The company’s leadership, including the Managing Director, Mr. R Chandrasekaran, oversees sustainability initiatives through a designated Risk Management & ESG Committee, committed to ensuring that business decisions align with responsible conduct.

Product Safety and Market Insights​

Igarashi Motors maintains rigorous controls regarding its products and operations. The company emphasizes quality management and consumer trust, maintaining processes for addressing customer grievances and providing product information on their website, noting that they function as a B2B supplier in compliance with customer specifications.

Safety protocols are strict; there were zero reported safety incidents during the reporting period, and the entity has implemented measures such as installing safety sensors and machine safety guards across all machinery to eliminate operational risks.

IGARASHI Stock Price Movement​

Shares of Igarashi Motors India Limited are edging higher to ₹477.05 as of 3:23 PM today, gaining 0.37% in live trading. The stock is demonstrating steady activity, with a total traded volume recording 73,402 shares.