
Syrma SGS Releases Business Responsibility and Sustainability Report Detailing Operational Scale and ESG Commitments
Syrma SGS Technology Limited, a major player in electronics manufacturing, has provided its Business Responsibility and Sustainability Report (BRSR) for Financial Year 2025-26. The report details the company's operational scale, environmental commitments, and commitment to employee wellbeing, with independent reasonable assurance performed on selected ESG disclosures.The company maintains a strong focus on sustainable development alongside business growth. Syrma SGS was recognized with the EcoVadis Gold Medal rating and registered with Science Based Targets initiative (SBTi). The report also noted that the company received the 'India's Most Valuable Corporate Governance Vanguard of the Year 2025' award, affirming its commitment to ethical governance practices.
Operational Scope and Market Reach
Established in 2004, Syrma SGS maintains both a national and international footprint. The company operates a total of 14 plants and 8 offices nationally. Internationally, it has one plant and two offices located in Germany and the USA.The core business activity of the company is manufacturing Computer, electronic, Communication and scientific measuring & control equipment, accounting for 100% of the turnover. Key products include Printed Circuits Board Assembly (PCBA) manufacture, which contributes 92.50% of total turnover.
Syrma SGS serves a diverse range of B2B clients across various sectors including Industrial, Consumer, Automotive, Telecom, Medical, IT and IoT, Aerospace & Defence, and Railways. The company operates in 18 states nationally and engages with customers across 39 countries internationally. Exports constitute 23.2% of the total turnover.
Financial Highlights and Governance Structure
The company reported a paid-up capital of H 1,92,83,04,850. For FY 2025-26, the entity reported a revenue from operations of H 43,671.54 Million with a net worth of H 29,615.61 Million. The business operates on a standalone basis.Governance related to sustainability is overseen by an ESG committee, headed by Mr Jasbir Singh Gujral, Managing Director, which includes senior executives from operations and procurement. The company maintains various commitments through its policies, including adherence to the Whistleblower Policy, Code of Conduct, and anti-bribery measures.
Key Sustainability Performance Indicators
The BRSR details significant performance metrics across environmental, social, and governance domains.Environmental & Resource Management:
Syrma SGS has set ambitious targets by FY30, aiming for a 25% reduction in GHG emissions intensity, increasing the share of renewable energy to 50%, and reducing water use intensity by 10%. The company commenced sourcing renewable energy in phases from August 2025.
| Environmental Metric | FY 2025-26 (Current Financial Year) | FY 2024-25 (Previous Financial Year) |
|---|---|---|
| Total GHG Emissions (Scope 1 + 2) | 79,509 tCO2 e | 88,320.06 tCO2 e |
| Scope 1 and Scope 2 Emission Intensity per Rupee of Turnover | 0.000000401 tCO2 e/INR | 0.000000499 tCO2 e/INR |
| Total Water Consumption (kilolitres) | 26,572.72 kl | 74,263.95 kl |
| Waste Intensity per Rupee of Turnover (adjusted for PPP) | 0.00000040 | 0.000000006 |
Waste Management:
The company's waste management practices are guided by ISO 14001 standards. Key metrics from the reported period show:
| Waste Category | Total Generated (metric tonnes) | Recycled (metric tonnes) | Re-used (metric tonnes) |
|---|---|---|---|
| Plastic waste | 164.56 | 463.77 | 54.03 |
| E-waste | 36.75 | N/A | N/A |
| Construction and demolition waste | 89.53 | N/A | N/A |
Workforce and Stakeholder Engagement
The company employs a total of 1,620 employees and 8,426 workers as of the end of the financial year. The company emphasizes gender diversity, reporting that women constitute 48% of the workforce in FY 26.Regarding worker wellbeing, both permanent employees (100%) and workers (100%) were covered by training related to health and safety measures for the current financial year. Syrma SGS also reported maintaining a zero tolerance approach to retaliation against complainants across its policies.
In terms of inclusive development, 7.20% of inputs were directly sourced from MSMEs/small producers in FY 25-26, demonstrating commitment to supporting small scale enterprises.
Adherence and Risk Mitigation
The company maintains comprehensive systems for hazard identification and risk management, evidenced by the implementation of a Permit to Work (PTW) system and adherence to Lockout Tagout (LOTO) procedures across all manufacturing sites.In terms of safety performance, both employees and workers reported zero fatalities during FY 2025-26. The company conducts structured customer satisfaction surveys across its major facilities to continuously strengthen client relationships in the B2B environment.
SYRMA Stock Price Movement
Syrma SGS Technology Limited shares today slipped by 0.57% to settle at ₹1360.6, following the market close. The stock registered an intraday loss of ₹7.80 on a total traded volume of just over 1.1 million shares.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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