Precision Wires India Ltd Reports ESG and Sustainability Progress in FY26; Highlights Energy Efficiency and Supply Chain Management
Precision Wires India Ltd (GMM Pfaudler Limited) has released its Business Responsibility and Sustainability Report for the financial year ended March 31, 2026. The report details the company's commitment to sustainable development, ethical business conduct, and integrated ESG strategy across its operations.The company is a leading global provider of process technologies, systems, and services, supporting critical manufacturing processes in the chemical, pharmaceutical, energy, industrial, and emerging technology sectors. GMM Pfaudler integrates technologies and engineered equipment to enable customers to operate safely and efficiently while addressing complex process requirements.
Operational Overview and Market Reach
GMM Pfaudler's core business involves the manufacturing of technologies, systems, and services for various industries. The company operates 2 plants and 8 offices nationally. It serves markets across 20 states in India and over 75 countries internationally.The organization’s operational footprint is extensive, with a significant percentage of its activity dedicated to technology provision.
| Business Aspect | Detail |
|---|---|
| Primary Product/Service | Manufacturing of technologies, systems, and services for chemical, pharmaceutical, energy, industrial, and emerging technology sectors (100% of turnover). |
| Major Products Sold | Manufacturing of other Special Purpose Machinery (98.85% of total turnover). |
| Exports Contribution | 11.79% of the total turnover. |
Commitment to Sustainability and Environmental Stewardship
The company places a central role on environmental, social, and governance (ESG) considerations within its operational framework. The report highlights several key initiatives aimed at reducing ecological footprints and enhancing resource efficiency:Resource Management:
GMM Pfaudler ensures comprehensive compliance with applicable laws regarding pollution control, having all facilities certified under ISO 45001 and ISO 14001 standards.
- Energy & Emissions: The company enhanced its renewable energy portfolio, with initiatives accounting for 14.16% of total electricity consumption in FY26, thereby avoiding 1,695.6 tCO₂e emissions. Total Scope 1 and Scope 2 emissions stood at 2,27,476.95 GJ in FY26, down from 2,03,510.44 GJ in the previous financial year.
- Water Management: In line with a circular economy approach, the company implemented wastewater treatment and recycling systems across its operations to optimize water use and minimize freshwater consumption.
- Waste Management: The total waste generated by the entity was 2,651.58 MT in FY26, showing an improved waste intensity of 2.56 MT per crore of revenue compared to 2.63 MT in FY25.
The following data provides a snapshot of material resource consumption:
| Metric | FY26 (Current Financial Year) | FY25 (Previous Financial Year) |
|---|---|---|
| Total Energy Consumed | 2,27,476.95 GJ | 2,03,510.44 GJ |
| Water Consumption | 56,102.66 kilolitres | 50,977.12 kilolitres |
| Total Waste Generated (MT) | 2,651.58 | 2,419.03 |
Workforce and Social Impact
The company maintains a substantial workforce dedicated to its operations, ensuring the protection and well-being of all personnel. The organization is actively invested in human capital development through training and ethical practices across the value chain.Workforce Metrics:
As per the report data for FY26:
| Workforce Category | Total Count (A) | Permanent Employees | Other than Permanent Employees |
|---|---|---|---|
| Employees | 633 | 597 | 36 |
| Workers | 2,141 | 2,125 | 16 |
Social and Governance Highlights:
- Supply Chain Integrity: A Supplier’s Code of Conduct was instituted to guide responsible sourcing. In FY26, 49.11% of input materials were procured from suppliers assessed on sustainability parameters.
- Stakeholder Engagement: The company established a Grievance Tracking Log for communities and processes an anti-corruption policy, maintaining a zero tolerance approach toward bribery or corruption internally and within the supply chain.
Leadership and Strategic Direction
The Board approved ESG Strategy 2.0 in FY26, a three-year roadmap designed to be more integrated and impact-oriented than the previous strategy (ESG 1.0). The company’s long-term commitment is anchored in ensuring sustainable value creation for all stakeholders—including employees, customers, communities, and the environment.The company also reinforced its human rights due diligence by expanding coverage across operations and strengthening grievance redressal mechanisms, following a review of stakeholder concerns related to environmental and social topics.
PRECWIRE Stock Price Movement
Precision Wires India Limited shed 0.62% in today's trading session, settling at ₹385.8 on the post-market close. The equity saw a total traded volume of 248,323 shares as it closed down from its previous close.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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