Steelcast Ltd Reports on Sustainability, Highlighting Zero Liquid Discharge Efforts and Global Market Penetration

Steelcast Ltd Reports on Sustainability, Highlighting Zero Liquid Discharge Efforts and Global Market Penetration​

Steelcast Limited has released its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26, outlining significant operational scope, environmental commitments, and social performance across its manufacturing activities. The report details the company's extensive market presence, deep commitment to worker well-being, and progress toward sustainable practices in resource management.

Business Operations and Market Scope​

Steelcast Limited is a leading entity in the manufacturing of Steel and Alloys Castings, dedicating 100% of its business activity to this specialized domain. The company holds a paid-up capital of Rs. 101,200,000. Established in 1972, Steelcast boasts operational expertise spanning four plants—comprising three foundries and one machine shop—and maintains a corporate office in Bhavnagar.

The company operates on both domestic and international fronts, serving ten states across India and sixteen countries globally. Exports account for 60.00% of the total turnover.

Steelcast's clientele primarily includes Original Equipment Manufacturers (OEMs), servicing industries such as Defence, Rail Road, Mining, Construction, Locomotives, Earth Moving, Cement, and Transportation sectors.

Key operational statistics for FY 2025-26 include:

Commitment to Sustainability and Environment​

The BRSR highlights Steelcast’s focus on environmental stewardship, recognizing opportunities in circular economy practices and climate change mitigation. The company is committed to reducing its carbon footprint, having obtained a third-party Carbon foot print assessment report with targets set for Scope 1 and 2 emissions.

Environmental Performance Metrics (FY 2025-26 vs FY 2024-25):


Resource Management:
In terms of waste management, the company’s total generation for FY 2025-26 was 64.456 MT, resulting in a waste intensity of 0.000015 Kg/INR. The company utilizes STP to ensure that discharged water conforms to statutory effluent standards and aims for zero liquid discharge.

The environmental performance is also detailed through air emissions monitoring:


The company's water consumption and usage are tracked diligently, with total water withdrawal in FY 2025-26 standing at 74,587 kilolitres, achieving a water intensity of 0.000017 per rupee of turnover.

Governance and Human Capital Focus​

Steelcast Limited structures its commitment through a Board level Risk Management Committee responsible for providing guidance on sustainability matters. The implementation and oversight of the Business Responsibility policies are managed by Mr. Chetan M Tamboli, Managing Director.

Social and Employee Well-being:
The company prioritizes employee welfare and training, achieving 100% coverage of awareness programmes among the Board of Directors and Key Managerial Personnel. Furthermore, the company has a structured grievance redressal mechanism for all employees and workers at multiple levels: Next Superior Officer, Plant/Dept Head, and Director Level.

Supply Chain Engagement:
The organization maintains high standards in its supply chain relationships, reporting that 57.58% of input materials were directly sourced from Micro, Small and Medium Enterprises (MSMEs) during FY 2025-26.

Compliance and Stakeholder Engagement​

Steelcast is committed to ethical practices and stakeholder responsiveness, maintaining a Board-level Risk Management Committee to address sustainability issues. The company's policies are structured to cover all nine NGRBC principles, with the General Code of Conduct available online as a key policy resource.

In addressing community engagement, Steelcast operates through a site-level committee that receives and works towards resolving concerns received from the community, conducting informal sessions throughout the year. Furthermore, the company is actively engaged in CSR projects within designated aspirational districts:

• A project in Gujarat/Bhavnagar involving 19,365,475 INR.
• A project in Madhya Pradesh/Bhopal involving 100,000 INR.

STEELCAS Stock Price Movement​

On Monday, Steelcast Limited shares edged higher, settling at ₹320.40 after gaining 2.16%. The equity saw a traded volume of 391,942 shares during the session.