Netweb Technologies released its FY26 BRSR, highlighting improved operational efficiencies across energy, water, and emission metrics. While the company achieved reasonable assurance on its sustainability disclosures, it faces a pending Rs 1.05 crore customs demand and data limitations in waste reporting, signaling areas for continued management attention.
Netweb Technologies FY26 Sustainability and Compliance Update
Turnover reached Rs 2,183.56 crore with Net Worth at Rs 723.30 crore for FY26.
Reader Takeaway: Improved operational efficiency metrics contrast with ongoing customs litigation and limited waste data reporting scope.
What just happened
Netweb Technologies India Ltd has released its Business Responsibility and Sustainability Report (BRSR) for FY26. The report includes independent reasonable assurance from CNK & Associates LLP. The filing details significant improvements in operational intensity, with energy intensity dropping to 3.91 GJ/Crore from 6.59 GJ/Crore in the previous year.
Why this matters
Investors are increasingly evaluating ESG metrics alongside financial performance. Netweb’s commitment to reasonable assurance provides transparency, though the auditor identified gaps, specifically that waste management data was limited to four locations out of 23. Furthermore, the company adopted a conservative approach by categorizing all fuel consumption as diesel, which likely leads to an overstatement of GHG emissions.
Regulatory and Legal Update
The company is currently contesting a customs dispute regarding the classification of imported Ethernet Switches. A May 2025 order confirmed a demand of Rs 1.05 crore, including interest and penalties. Netweb has escalated the matter to the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) as of August 2025, and the case remains under adjudication.
Supply Chain Assessment
The company has begun assessing its value chain partners for ESG compliance. Using the 'KARBON' platform, the company evaluated 1.74% of its partners by business value. The average ESG score for these partners sits at 42, with more than half falling below a score of 50, indicating significant room for improvement in supply chain sustainability standards.
What to track next
Watch for developments regarding the CESTAT appeal on the customs demand and management’s progress in broadening waste management data collection across all operational locations.