Business Responsibility & Sustainability Report

HMT LIMITED

SECTION A: GENERAL DISCLOSURES

Details of the listed entity

Corporate Identity Number (CIN) of the Listed Entity

L29230KA1953GOI000748

Name of the Listed Entity

HMT LIMITED

Date of Incorporation

07-02-1953

Registered office address

HMT Bhavan, 59 Bellary Road, Bangalore 560032 Karnataka, India.

Corporate address

HMT Bhavan, 59 Bellary Road, Bangalore 560032 Karnataka, India.

E-mail

cosey@hmtindia.com

Telephone

91-80-23330333

Website

www.hmtindia.com

Financial year for which reporting is being done

Start date

End date

Current Financial Year

01-04-2023

31-03-2024

Previous Financial Year

01-04-2022

31-03-2023

Prior to Previous Financial year

01-04-2021

31-03-2022

Name of the Stock Exchange(s) where shares are listed

Details of the Stock Exchanges
Sr. No.	Name of the Stock exchange	Description of other stock exchange	Name of the Country
1	BSE
2	NSE

Paid-up Capital (In Rs.)

3,55,60,16,400

Name and contact details (telephone, email address) of the person who may be contacted in case of any queries on the BRSR report

Name

Shri. S.K. Kadbe, General Manager (Operations & Marketing)

Reporting boundary - Are the disclosures under this report made on a standalone basis (i.e. only for the entity) or on a consolidated basis (i.e. for the entity and all the entities which form a part of its consolidated financial statements, taken together).

Standalone basis

Whether the company has mandatorily undertaken reasonable assurance of the BRSR Core?

false

II.

Products/services

Details of business activities (accounting for 90% of the turnover)

Details of business activities (accounting for 90% of the turnover)
Sr. No.	Description of Main Activity	Description of Business Activity	% of Turnover of the entity
1	Manufacturing of Dairy and Food Processing equipment and Turnkey Projects through HMT Food Processing Machinery Division, Aurangabad.	Sale of Dairy and Food Processing equipment and Solution for Dairy Plant & Milk Powder Plant on Turn-key basis.	72.00
2	Manufacture and Sale of Watches through HMT Auxiliary Business Division, Bengaluru	Sale of Wrist Watches, Tower clocks, Floral clocks	24.00

Products/Services sold by the entity (accounting for 90% of the entity's Turnover)

Products/Services sold by the entity (accounting for 90% of the entity's Turnover)
Sr. No.	Product/Service	NIC Code	% of total Turnover contributed
1	Manufacturing of Dairy and Food Processing equipment and Turnkey Projects through HMT Food Processing Machinery Division, Aurangabad.	28251	72.00
2	Manufacture and Sale of Watches	26521	24.00

NIC Code list link:

https://www.ncs.gov.in/Documents/NIC_Sector.pdf

III.

Operations

Number of locations where plants and/or operations/offices of the entity are situated

Location

Number of plants

Number of offices

Total

National

International

Markets served by the entity

Number of locations

Locations

Number

National (No. of States)

International (No. of Countries)

What is the contribution of exports as a percentage of the total turnover of the entity?

1.06

A brief on types of customers

The Company has wide range of customers from Individual to Private Companies (Domestic & International) and Public Sector Undertakings, including State Milk Federations, District Milk Unions at District Level and Co-operative Dairies.

IV.

Employees

Details as at the end of Financial Year

Employees and workers (including differently abled)

Sr. No.

Particulars

Total(A)

Male

Female

Other

No.(B)

% (B/A)

No.(C)

% (C/A)

No.(H)

% (H/A)

EMPLOYEES

Permanent (D)

67.86

32.15

0.00

Other than permanent (E)

50.00

0.00

Total employees (D + E)

64.71

35.30

0.00

WORKERS

Permanent (F)

75.00

25.00

0.00

Other than permanent (G)

0.00

Total workers (F + G)

75.00

25.00

0.00

Differently abled Employees and workers:

Sr. No.

Particulars

Total(A)

Male

Female

Other

No.(B)

% (B/A)

No.(C)

% (C/A)

No.(H)

% (H/A)

DIFFERENTLY ABLED EMPLOYEES

Permanent (D)

0.00

Other than permanent (E)

0.00

Total differently abled employees (D + E)

0.00

DIFFERENTLY ABLED WORKERS

Permanent (F)

0.00

Other than permanent (G)

0.00

Total differently abled workers (F + G)

0.00

Participation/Inclusion/Representation of women

Total (A)

No. and percentage of Females

No. (B)

% (B/A)

Board of Directors

75.00

Key Management Personnel

50.00

Turnover rate for permanent employees and workers (Disclose trends for the past 3 years)

Turnover rate in current FY (2023-24)

Turnover rate in previous FY (2022-23)

Turnover rate in the year prior to the previous FY (2021-22)

Male

Female

Other

Total

Male

Female

Other

Total

Male

Female

Other

Total

Permanent Employees

15.78

0.00

10.71

4.34

11.11

0.00

6.25

13.04

0.00

9.34

Permanent Workers

9.52

0.00

7.14

4.10

0.00

3.23

0.00

Holding, Subsidiary and Associate Companies (including joint Ventures)

(a) Names of holding / subsidiary / associate companies / joint ventures

Holding, Subsidiary and Associate Companies (including joint Ventures)
Sr.No.	Name of the holding / subsidiary/associate companies/joint ventures (A)	Indicate whether holding/Subsidiary/Associate/Joint Venture	% of shares held by listed entity	Does the entity indicated at column A, participate in the Business Responsibility initiatives of the listed entity? (Yes/No)
1	HMT Machine Tools Limited	Subsidiary	100.00	false
2	H.M.T. (International) Limited	Subsidiary	100.00	false
3	HMT Watches Limited	Subsidiary	100.00	false
4	SUDMO-HMT Process Engineers (India) Limited	Joint Venture	50.00	false
5	Gujarat State Machine Tools Corporation Limited	Associate	39.86	false

VI.

CSR Details

(i) Whether CSR is applicable as per section 135 of Companies Act, 2013: (Yes/No)

true

(ii) Turnover (in Rs.)

47,91,23,558

(iii) Net worth (in Rs.)

4,58,77,95,554

VII.

Transparency and Disclosures Compliances

Complaints/Grievances on any of the principles (Principles 1 to 9) under the National Guidelines on Responsible Business Conduct

Stakeholder group from whom complaint is received

Grievance Redressal Mechanism in Place (Yes/No/NA)

(If Yes, then provide web-link for grievance redress policy)

FY (2023-24)

PY (2022-23)

(If NA, then provide the reason)

Number of complaints filed during the year

Number of complaints pending resolution at close of the year

Remarks

Number of complaints filed during the year

Number of complaints pending resolution at close of the year

Remarks

Communities

Yes

https://pgportal.gov.in/

Investors (other than shareholders)

Shareholders

Yes

The contact details provided at https:// www.hmtindia.com/ investor-relation/ investors-grievance/

Employees and workers

Yes

https://www.hmtindia.com/policies/

Customers

Yes

https://www.hmtindia.com/policies/

293

309

Value Chain Partners

Details of Other Stakeholder Group
Sr. No.	Stakeholder group from whom complaint is received	Grievance Redressal Mechanism in Place (Yes/No/NA)	(If Yes, then provide web-link for grievance redress policy)	FY (2023-24)			PY (2022-23)			(If NA, then provide the reason)
				Number of complaints filed during the year	Number of complaints pending resolution at close of the year	Remarks	Number of complaints filed during the year	Number of complaints pending resolution at close of the year	Remarks

Overview of the entity's material responsible business conduct issues

Overview of the entity's material responsible business conduct issues
Please indicate material responsible business conduct and sustainability issues pertaining to environmental and social matters that present a risk or an opportunity to your business, rationale for identifying the same, approach to adapt or mitigate the risk along-with its financial implications, as per the following format
Sr. No.	Material issue identified	Indicate whether risk or opportunity (R/O)	Rationale for identifying the risk / opportunity	In case of risk, approach to adapt or mitigate	Financial implications of the risk or opportunity (Indicate positive or negative implications)
1	Corporate Governance	R	HMT has Corporate Governance framework by strictly adhering to statutory norms and following the best practices. Being a Government Company, decisions related to the appointment of all Directors and fixation of terms and conditions (including tenure & remuneration of Functional Directors) are made by the Government of India. The Company has no control over filling up of the vacancy within the stipulated time frame specified under the Act/ Rules / Regulations, to comply with the same.	Administrative Ministry has been requested to fill up the requisite number of Directors.	Negative Implications
2	Skilled Manpower	R	Development of new products/services or area of business that require specific skill set and competencies.	Impart Training & skill development activities to the workers & also hire manpower having requisite skill set	Negative Implications
3	Equal Opportunity & Non discrimination	O	During the recruitment as well as service period, Company ensures equal opportunity and non-discrimination on gender, caste, religion, race, region etc., in line with the Government Policies	-	Positive Implications
4	Environment & Sustainability	R	This is pertaining to issues on pollution control and discharge of emissions. Closer monitoring has to be carried out as the regulations become stricter.	Identify the modes of environmental pollution, eg. through the discharge of waste and hazardous emissions, that may cause damage to the local ecology and environment. -Various initiatives such as Water management, Waste management, Emission management and Energy management are being taken up by the company by implanting sewage treatment plants, recycling of industrial waste water, and extensive plantation and creation of green belts to de-risk and protect the environment.	Negative Implications
5	Local community involvement and social development	O	Maintaining healthy relationships with local communities has enabled the company to effectively contribute to social development and thus create foundation for a sustainable business.	The Company continues to engage in CSR and social activities to create deeper bonds with the community at large.	Positive Implications
6	Health and Safety	R	Safeguarding the health and safety of our employees is an integral part of our business. We are constantly working towards ensuring total adherence to the Company's safety, health, and environmental policy.	Company provides health and safety training on how to maintain safety in the workplace environment to all its employees.	Negative Implications
7	Water and waste management	O	Reduction in impact on the environment by efficiently managing & recycling/ reusing natural resources like water and waste generated during operations	-	Positive Implications
8	Customer Satisfaction	O	The Company provides products and services that enhance value and customer satisfaction through continual improvement in People, Systems, Processes, Technology and Practices.	-	Positive Implications

Notes

SECTION B: MANAGEMENT AND PROCESS DISCLOSURES

Disclosure Questions	P1	P2	P3	P4	P5	P6	P7	P8	P9
Policy and management processes
1. a. Whether your entity's policy/policies cover each principle and its core elements of the NGRBCs. (Yes/No/NA)	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes

b. Has the policy been approved by the Board? (Yes/No/NA)	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes
b. Has the policy been approved by the Board? (Yes/No/NA)
c. Web Link of the Policies, if available	https://www.hmtindia.com/policies/	https://www.hmtindia.com/policies/	https://www.hmtindia.com/policies/	https://www.hmtindia.com/policies/	https://www.hmtindia.com/policies/	https://www.hmtindia.com/policies/	https://www.hmtindia.com/policies/	https://www.hmtindia.com/policies/	https://www.hmtindia.com/policies/
2. Whether the entity has translated the policy into procedures. (Yes / No/ NA)	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes

3. Do the enlisted policies extend to your value chain partners? (Yes/No/NA)	No	No	No	No	No	No	No	No	No

4. Name of the national and international codes/certifications/labels/ standards (e.g. Forest Stewardship Council, Fairtrade, Rainforest Alliance, Trustee) standards (e.g. SA 8000, OHSAS, ISO, BIS) adopted by your entity and mapped to each principle.	Policies are in line with the applicable statutes / guidelines / rules etc., issued by GoI and other Regulatory Authorities and updated from time to time.	Policies are in line with the applicable statutes / guidelines / rules etc., issued by GoI and other Regulatory Authorities and updated from time to time.	Policies are in line with the applicable statutes / guidelines / rules etc., issued by GoI and other Regulatory Authorities and updated from time to time.	Policies are in line with the applicable statutes / guidelines / rules etc., issued by GoI and other Regulatory Authorities and updated from time to time.	Policies are in line with the applicable statutes / guidelines / rules etc., issued by GoI and other Regulatory Authorities and updated from time to time.	Policies are in line with the applicable statutes / guidelines / rules etc., issued by GoI and other Regulatory Authorities and updated from time to time.	Policies are in line with the applicable statutes / guidelines / rules etc., issued by GoI and other Regulatory Authorities and updated from time to time.	Policies are in line with the applicable statutes / guidelines / rules etc., issued by GoI and other Regulatory Authorities and updated from time to time.	Policies are in line with the applicable statutes / guidelines / rules etc., issued by GoI and other Regulatory Authorities and updated from time to time.
5. Specific commitments, goals and targets set by the entity with defined timelines, if any.	NIL	NIL	NIL	NIL	NIL	NIL	NIL	NIL	NIL
6. Performance of the entity against the specific commitments, goals and targets along-with reasons in case the same are not met.	Excellent* *Projected rating/grading for FY 2023-24 as per DPE guidelines for Corporate Governance	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes
Governance, leadership and oversight
7. Statement by director responsible for the business responsibility report, highlighting ESG related challenges, targets and achievements (listed entity has flexibility regarding the placement of this disclosure)	HMT has been an environmentally conscious organization. Company attaches highest priority to occupational health, safety and protection of environment in and around its areas of operation.
8. Details of the highest authority responsible for implementation and oversight of the Business Responsibility policy (ies).	Name: Pankaj Gupta (upto 24.11.2023) Designation: Chairman & Managing Director (Addl. Charge) DIN: 09716028 Telephone No: 080-23330333 Email ID: cmd@hmtindia.com Name: Rajeev Singh (w.e.f 30.12.2023 upto 08.03.2024) Designation: Chairman & Managing Director (Addl. Charge) DIN: 10447679 Telephone No: 080-23330333 Email ID: cmd@hmtindia.com Name: Krishnaswami Ravishankar (w.e.f 08.03.2024) Designation: Chairman & Managing Director (Addl. Charge) DIN: 10540509 Telephone No: 080-23330333 Email ID: cmd@hmtindia.com
9. Does the entity have a specified Committee of the Board/ Director responsible for decision making on sustainability related issues? (Yes / No/ NA).	Yes
If yes, provide details.	Name: Pankaj Gupta (upto 24.11.2023) Designation: Chairman & Managing Director (Addl. Charge) DIN: 09716028 Telephone No: 080-23330333 Email ID: cmd@hmtindia.com Name: Rajeev Singh (w.e.f 30.12.2023 upto 08.03.2024) Designation: Chairman & Managing Director (Addl. Charge) DIN: 10447679 Telephone No: 080-23330333 Email ID: cmd@hmtindia.com Name: Krishnaswami Ravishankar (w.e.f 08.03.2024) Designation: Chairman & Managing Director (Addl. Charge) DIN: 10540509 Telephone No: 080-23330333 Email ID: cmd@hmtindia.com
10. Details of Review of NGRBCs by the Company
Indicate whether review was undertaken by Director/Committee of the Board/Any other Committee
Subject for Review	P1	P2	P3	P4	P5	P6	P7	P8	P9
Performance against above policies and follow up action	Any other Committee	Any other Committee	Any other Committee	Any other Committee	Any other Committee	Any other Committee	Any other Committee	Any other Committee	Any other Committee
Description of other committee for performance against above policies and follow up action	All the policies are reviewed periodically (Annually) or on a need basis by respective Committees of Board and recommended to the Board for approval.	All the policies are reviewed periodically (Annually) or on a need basis by respective Committees of Board and recommended to the Board for approval.	All the policies are reviewed periodically (Annually) or on a need basis by respective Committees of Board and recommended to the Board for approval.	All the policies are reviewed periodically (Annually) or on a need basis by respective Committees of Board and recommended to the Board for approval.	All the policies are reviewed periodically (Annually) or on a need basis by respective Committees of Board and recommended to the Board for approval.	All the policies are reviewed periodically (Annually) or on a need basis by respective Committees of Board and recommended to the Board for approval.	All the policies are reviewed periodically (Annually) or on a need basis by respective Committees of Board and recommended to the Board for approval.	All the policies are reviewed periodically (Annually) or on a need basis by respective Committees of Board and recommended to the Board for approval.	All the policies are reviewed periodically (Annually) or on a need basis by respective Committees of Board and recommended to the Board for approval.
Compliance with statutory requirements of relevance to the principles and rectification of any non-compliances	Any other Committee	Any other Committee	Any other Committee	Any other Committee	Any other Committee	Any other Committee	Any other Committee	Any other Committee	Any other Committee
Description of other committee for compliance with statutory requirements of relevance to the principles and rectification	Status of Compliances are placed before Committees of Board and Board of Directors on quarterly basis. Policies and procedures of the organization are subject to audits/ reviewed by CAG etc.	Status of Compliances are placed before Committees of Board and Board of Directors on quarterly basis. Policies and procedures of the organization are subject to audits/ reviewed by CAG etc.	Status of Compliances are placed before Committees of Board and Board of Directors on quarterly basis. Policies and procedures of the organization are subject to audits/ reviewed by CAG etc.	Status of Compliances are placed before Committees of Board and Board of Directors on quarterly basis. Policies and procedures of the organization are subject to audits/ reviewed by CAG etc.	Status of Compliances are placed before Committees of Board and Board of Directors on quarterly basis. Policies and procedures of the organization are subject to audits/ reviewed by CAG etc.	Status of Compliances are placed before Committees of Board and Board of Directors on quarterly basis. Policies and procedures of the organization are subject to audits/ reviewed by CAG etc.	Status of Compliances are placed before Committees of Board and Board of Directors on quarterly basis. Policies and procedures of the organization are subject to audits/ reviewed by CAG etc.	Status of Compliances are placed before Committees of Board and Board of Directors on quarterly basis. Policies and procedures of the organization are subject to audits/ reviewed by CAG etc.	Status of Compliances are placed before Committees of Board and Board of Directors on quarterly basis. Policies and procedures of the organization are subject to audits/ reviewed by CAG etc.
Frequency (Annually / Half yearly /Quarterly/ Any other-please specify)
	P1	P2	P3	P4	P5	P6	P7	P8	P9
Performance against above policies and follow up action	Any other	Any other	Any other	Any other	Any other	Any other	Any other	Any other	Any other
Description of other committee for performance against above policies and follow up action	All the policies are reviewed periodically (Annually) or on a need basis by respective Committees of Board and recommended to the Board for approval.	All the policies are reviewed periodically (Annually) or on a need basis by respective Committees of Board and recommended to the Board for approval.	All the policies are reviewed periodically (Annually) or on a need basis by respective Committees of Board and recommended to the Board for approval.	All the policies are reviewed periodically (Annually) or on a need basis by respective Committees of Board and recommended to the Board for approval.	All the policies are reviewed periodically (Annually) or on a need basis by respective Committees of Board and recommended to the Board for approval.	All the policies are reviewed periodically (Annually) or on a need basis by respective Committees of Board and recommended to the Board for approval.	All the policies are reviewed periodically (Annually) or on a need basis by respective Committees of Board and recommended to the Board for approval.	All the policies are reviewed periodically (Annually) or on a need basis by respective Committees of Board and recommended to the Board for approval.	All the policies are reviewed periodically (Annually) or on a need basis by respective Committees of Board and recommended to the Board for approval.
Compliance with statutory requirements of relevance to the principles and rectification of any non-compliances	Quarterly	Quarterly	Quarterly	Quarterly	Quarterly	Quarterly	Quarterly	Quarterly	Quarterly
Description of other committee for compliance with statutory requirements of relevance to the principles and rectification
11. Has the entity carried out independent assessment/ evaluation of the working of its policies by an external agency? (Yes/No).	P1	P2	P3	P4	P5	P6	P7	P8	P9
	false	false	false	false	false	false	false	false	false
If Yes, Provide name of the agency
12. If answer to question (1) above is 'No' i.e. not all Principles are covered by a policy, reasons to be stated:
Questions	P1	P2	P3	P4	P5	P6	P7	P8	P9
The entity does not consider the Principles material to its business (Yes/No)
The entity is not at a stage where it is in a position to formulate and implement the policies on specified principles (Yes/No)
The entity does not have the financial or/human and technical resources available for the task (Yes/No)
It is planned to be done in the next financial year (Yes/No)
Any other reason (please specify)
Notes

SECTION C: PRINCIPLE WISE PERFORMANCE DISCLOSURE

This section is aimed at helping entities demonstrate their performance in integrating the Principles and Core Elements with key processes and decisions. The information sought is categorized as 'Essential' and 'Leadership'. While the essential indicators are expected to be disclosed by every entity that is mandated to file this report, the leadership indicators may be voluntarily disclosed by entities which aspire to progress to a higher level in their quest to be socially, environmentally and ethically responsible.
PRINCIPLE 1 Businesses should conduct and govern themselves with integrity, and in a manner that is Ethical, Transparent and Accountable.
Essential Indicators
1. Percentage coverage by training and awareness programmes on any of the Principles during the financial year:
Segment	Total number of training and awareness programmes held	Topics/principles covered under the training and its impact		%age of persons in respective category covered by the awareness programmes
Board of Directors	0	-		0.00
Key Managerial Personnel	2	Mergers & Acquisitions-Navigating through the practices and measures of commercial transactions, Significant Role of Women Directors & Company Secretaries in Corporate sphere, Importance of Mental Heath & Work-Life Harmony for well-being, Embracing technology for ease of compliance		50.00
Employees other than BoD and KMPs	1	POSH Internal Committee		46.42
Workers	1	POSH Awareness		42.85
2. Details of fines / penalties /punishment/ award/ compounding fees/ settlement amount paid in proceedings (by the entity or by directors / KMPs) with regulators/ law enforcement agencies/ judicial institutions, in the financial year, in the following format (Note: the entity shall make disclosures on the basis of materiality as specified in Regulation 30 of SEBI (Listing Obligations and Disclosure Obligations) Regulations, 2015 and as disclosed on the entity's website):
Monetary
Penalty/ Fine
Settlement
Compounding fee
Non- Monetary
Imprisonment
Punishment
3. Of the instances disclosed in Question 2 above, details of the Appeal/ Revision preferred in cases where monetary or non-monetary action has been appealed
4. Does the entity have anti-corruption or anti-bribery policy?	Yes
If Yes, provide details in brief	Conduct, Discipline & Appeal Rules weblink - www.hmtindia.com/wp-content/uploads/2022/10/HMT-Ltd-CDA-Rules-2020 Whistle blower policy link https://www.hmtindia.com/wp-content/uploads/2021/07/HMT_Whistle_Blower_Policy.pdf The Company is subject to RTI Act 2005, audit by Statutory Auditors and CAG audit under section 139 of the Companies Act, 2013.
Provide a web-link if the entity has anti-corruption or anti-bribery policy	www.hmtindia.com/wp-content/uploads/2022/10/HMT-Ltd-CDA-Rules-2020 & https://www.hmtindia.com/wp-content/uploads/2021/07/HMT_Whistle_Blower_Policy.pdf
5. Number of Directors/KMPs/employees/workers against whom disciplinary action was taken by any law enforcement agency for the charges of bribery/ corruption:
		FY (2023-24)		PY (2022-23)
Directors		0		0
KMPs		0		0
Employees		0		0
Workers		0		0
6. Details of complaints with regard to conflict of interest:
	FY (2023-24)		PY (2022-23)
	Number	Remarks	Number	Remarks
Number of complaints received in relation to issues of Conflict of Interest of the Directors	0	-	0	-
Number of complaints received in relation to issues of Conflict of Interest of the KMPs	0	-	0	-
7. Provide details of any corrective action taken or underway on issues related to fines / penalties / action taken by regulators/ law enforcement agencies/ judicial institutions, on cases of corruption and conflicts of interest.	Not Applicable Note: Administrative Ministry has been requested to appoint four Independent Directors including one women Independent Director on the Board of Directors of the Company to comply with listing requirements. As and when the Independent Directors are appointment on the Board by the Government of India, Committees of the Board shall be reconstituted accordingly to comply with the provisions of the Companies Act 2013, SEBI (LODR) Regulation, 2015 and DPE guidelines. The company shall make efforts in the submission of annual results to stock exchanges within the stipulated period.
8. Number of days of accounts payables
		FY (2023-24)		PY (2022-23)
i) Accounts payable x 365 days		67,32,79,00,000		15,62,49,20,000
ii) Cost of goods/services procured		35,02,45,000		42,54,01,000
iii) Number of days of accounts payables		P192D		P37D
9. Open-ness of business - Provide details of concentration of purchases and sales with trading houses, dealers, and related parties along-with loans and advances & investments, with related parties, in the following format
Parameter	Metrics	FY (2023-24)		PY (2022-23)
Concentration of Purchases	a. i) Purchases from trading houses	0		0
	ii) Total purchases	0		0
	iii) Purchases from trading houses as % of total purchases
	b. Number of trading houses where purchases are made	0		0
	c. i) Purchases from top 10 trading houses	0		0
	ii) Total purchases from trading houses	0		0
	iii) Purchases from top 10 trading houses as % of total purchases from trading houses
Parameter	Metrics	FY (2023-24)		PY (2022-23)
Concentration of Sales	a. i) Sales to dealer / distributors	0		0
	ii) Total Sales	0		0
	iii) Sales to dealer / distributors as % of total sales
	b. Number of dealers / distributors to whom sales are made	0		0
	c. i) Sales to top 10 dealers / distributors	0		0
	ii) Total Sales to dealer / distributors	0		0
	iii) Sales to top 10 dealers / distributors as % of total sales to dealer / distributors
Parameter	Metrics	FY (2023-24)		PY (2022-23)
Share of RPTs in	a. i) Purchases (Purchases with related parties)	0		0
	ii) Total Purchases	0		0
	iii) Purchases (Purchases with related parties as % of Total Purchases)
	b. i) . Sales (Sales to related parties)	39,83,196		0
	ii) Total Sales	47,91,23,558		0
	iii) Sales (Sales to related parties as % of Total Sales)	0.83
	c. i) Loans & advances given to related parties	32,10,99,000		26,44,24,000
	ii) Total loans & advances	3,88,41,45,000		3,59,01,06,000
	iii) Loans & advances given to related parties as % of Total loans & advances	8.27		7.37
	d. i) Investments in related parties	0		0
	ii) Total Investments made	0		0
	iii) Investments in related parties as % of Total Investments made
Leadership Indicators
1. Awareness programmes conducted for value chain partners on any of the Principles during the financial year
2. Does the entity have processes in place to avoid/ manage conflict of interests involving members of the Board?	Yes
If Yes, provide details of the same.	The Company receives annual declarations from its Directors and KMPs on the entities they are interested in and ensures requisite approvals as required under the applicable laws as well as the Company's policies are in place before transacting with such entities / individuals. The Company's Board has approved a Code of Business Conduct & Ethics for all Board Members and Senior Management Personnel.
Notes	Notes to point no. 2- Essential Indicators of Priniciple 1 (Businesses should conduct and govern themselves with integrity, and in a manner that is Ethical, Transparent and Accountable) Note: Due to Non-Compliance of the SEBI (LODR) Regulations, 2015 for composition of the Board of Directors / Board Level Committees and delay in submission of annual financial results, stock exchanges have levied fines and the Company has requested for waiver of the same.

PRINCIPAL 2 Businesses should provide goods and services in a manner that is sustainable and safe

Essential Indicators

1. Percentage of R&D and capital expenditure (capex) investments in specific technologies to improve the environmental and social impacts of product and processes to total R&D and capex investments made by the entity, respectively.

FY (2023-24)

PY (2022-23)

Details of improvements in environmental and social impacts

R&D

0.00

Nil

Capex

0.00

Nil

2. a. Does the entity have procedures in place for sustainable sourcing? (Yes/No)

true

b. If yes, what percentage of inputs were sourced sustainably?

52.44

3. Describe the processes in place to safely reclaim your products for reusing, recycling and disposing at the end of life, for

(a) Plastics (including packaging)

HMT products fall under capital goods category where product life goes beyond 25 years in majority of cases. The market requirement is for extension of the life of products or systems through process of refurbishments. After end of desired life of capital goods, they become unfit for reuse and hence are being disposed as scrap by owner of the capital good products.

(b) E-waste

(d) other waste

4. Whether Extended Producer Responsibility (EPR) is applicable to the entity's activities (Yes / No).

false

If yes, whether the waste collection plan is in line with the Extended Producer Responsibility (EPR) plan submitted to Pollution Control Boards?

If not, provide steps taken to address the same.

Leadership Indicators

1. Has the entity conducted Life Cycle Perspective / Assessments (LCA) for any of its products (for manufacturing industry) or for its services (for service industry)?

4. Of the products and packaging reclaimed at end of life of products, amount (in metric tonnes) reused, recycled, and safely disposed, as per the following format:

FY (2023-24)

PY (2022-23)

Re-Used

Recycled

Safely Disposed

Re-Used

Recycled

Safely Disposed

Plastics (including packaging)

E waste

Hazardous waste

Other waste

Details of other waste
Sr. No.	Name Of Other Waste	FY (2023-24)			PY (2022-23)
		Re-Used	Recycled	Safely Disposed	Re-Used	Recycled	Safely Disposed

Notes

Essential Indicators: 2. b. If yes, what percentage of inputs were sourced sustainably? HMT has a procurement policy that supports sustainable sourcing. HMT has implemented e-procurement/ GeM as business improvement and sustainable business practice. HMT sources various input material and components from several of its value chain partners. 52.44 % of our inputs are sourced sustainably.

PRINCIPLE 3 Businesses should respect and promote the well-being of all employees, including those in their value chains

Essential Indicators

1. a. Details of measures for the well-being of employees:

Category

% of employees covered by

Total (A)

Health insurance

Accident insurance

Maternity benefits

Paternity Benefits

Day Care facilities

Number (B)

% (B / A)

Number (C)

% (C / A)

Number (D)

% (D / A)

Number (E)

% (E / A)

Number (F)

% (F / A)

Permanent employees

Male

0.00

100.00

0.00

Female

0.00

100.00

0.00

Other

0.00

Total

0.00

100.00

32.15

67.86

0.00

Other than permanent employees

Male

0.00

100.00

0.00

Female

0.00

100.00

0.00

Other

0.00

Total

0.00

100.00

50.00

0.00

b. Details of measures for the well-being of workers:

Category

% of workers covered by

Total (A)

Health insurance

Accident insurance

Maternity benefits

Paternity Benefits

Day Care facilities

Number (B)

% (B / A)

Number (C)

% (C / A)

Number (D)

% (D / A)

Number (E)

% (E / A)

Number (F)

% (F / A)

Permanent workers

Male

0.00

66.67

100.00

0.00

Female

0.00

100.00

0.00

Other

0.00

Total

0.00

75.00

25.00

75.00

0.00

Other than permanent workers

Male

0.00

Female

0.00

Other

0.00

Total

0.00

C. Spending on measures towards well-being of employees and workers (including permanent and other than permanent) in the following format:

FY (2023-24)

PY (2022-23)

i) Cost incurred on wellbeing measures (well-being measures means well-being of employees and workers (including male, female, permanent and other than permanent employees and workers)

7,54,87,000

7,34,27,000

ii) Total revenue of the company

99,17,96,000

99,96,58,000

iii) Cost incurred on wellbeing measures as a % of total revenue of the company

7.61

7.35

2. Details of retirement benefits

Benefits

FY (2023-24)

PY (2022-23)

No.of employees covered as a % of total employees

No.of workers covered as a % of total workers

Deducted and deposited with the authority (Y/N/N.A.)

No.of employees covered as a % of total employees

No.of workers covered as a % of total workers

Deducted and deposited with the authority (Y/N/N.A.)

100.00

Yes

100.00

Yes

Gratuity

100.00

Yes

100.00

Yes

ESI

0.00

Others - please specify

Details of Other Retirement benefits
Sr. No.	Name of Benefits	FY (2023-24)			PY (2022-23)
		No.of employees covered as a % of total employees	No.of workers covered as a % of total workers	Deducted and deposited with the authority (Y/N/N.A.)	No.of employees covered as a % of total employees	No.of workers covered as a % of total workers	Deducted and deposited with the authority (Y/N/N.A.)

3. Accessibility of workplaces

Are the premises / offices of the entity accessible to differently abled employees and workers, as per the requirements of the Rights of Persons with Disabilities Act, 2016?

Yes

If not, whether any steps are being taken by the entity in this regard.

4. Does the entity have an equal opportunity policy as per the Rights of Persons with Disabilities Act, 2016?

Yes

If so, provide a web-link to the policy.

Yes. The Company has provided reservations for PWD in recruitments as per Government Directives and complies with provisions of Rights of Persons with Disabilities Act, 2016. The company is an equal opportunity employer and does not discriminate on the basis of gender, race, caste, religion, linguistic, region etc. in recruitment and employment relationship

5. Return to work and Retention rates of permanent employees and workers that took parental leave.

Gender

Permanent employees

Permanent workers

Return to work rate

Retention rate

Return to work rate

Retention rate

Male

100

Female

100

Other

Total

100

6. Is there a mechanism available to receive and redress grievances for the following categories of employees and worker?

true

If yes, give details of the mechanism in brief.

Yes/No

(If Yes, then give details of the mechanism in brief)

Permanent Workers

true

HMT has a well laid out grievance redressal mechanism and grievance committee for resolution of complaints and grievances while keeping in mind the principles of natural justice, confidentiality, sensitivity, and no retaliation for employees. Redressal of grievance shall also be adopted through whistle blower mechanism. The Company also has an Internal Complaints Committee under POSH Policy to redress the grievances, if any.

Other than Permanent Workers

true

Permanent Employees

true

Other than Permanent Employees

true

7. Membership of employees and worker in association(s) or Unions recognised by the listed entity:

Category

FY (2023-24)

PY (2022-23)

Total employees/workers in respective category (A)

No.of employees / workers in respective category, who are part of association(s) or Union (B)

% (B / A)

Total employees / workers in respective category (C)

No.of employees /workers in respective category,who are part of association(s) or Union (D)

% (D / C)

Total Permanent Employees

100.00

Male

100.00

Female

100.00

Other

0.00

Total Permanent Workers

100.00

Male

100.00

Female

100.00

Other

0.00

8. Details of training given to employees and workers:

Category

FY (2023-24)

PY (2022-23)

Total (A)

On Health and safety measures

On Skill upgradation

Total (D)

On Health and safety measures

On Skill upgradation

No.(B)

% (B / A)

No.(C)

% (C / A)

No.(E)

% (E / D)

No. (F)

% (F / D)

Employees

Male

0.00

5.27

0.00

30.44

Female

0.00

22.23

Other

0.00

Total

0.00

3.58

0.00

28.13

Workers

Male

0.00

Female

0.00

Other

0.00

Total

0.00

9. Details of performance and career development reviews of employees and worker:

Category

FY (2023-24)

PY (2022-23)

Total (A)

No.(B)

% (B / A)

Total (D)

No.(E)

% (E / D)

Employees

Male

100.00

Female

100.00

Other

0.00

Total

100.00

Workers

Male

100.00

Female

100.00

Other

0.00

Total

100.00

10. Health and safety management system:

a.Whether an occupational health and safety management system has been implemented by the entity? (Yes/ No/ NA).

Yes

If yes, the coverage such system?

All the manufacturing Units of the Company are covered under the Occupational Health and Safety Management System.

b. What are the processes used to identify work-related hazards and assess risks on a routine and non-routine basis by the entity?

The system includes risk identification, risk assessment, risk mitigation and controls, training of employees, internal and external audits, management reviews, corrective and preventive actions.

c. Whether you have processes for workers to report the work related hazards and to remove themselves from such risks?

Yes

d. Do the employees/ worker of the entity have access to non-occupational medical and healthcare services?

Yes

11. Details of safety related incidents, in the following format:

Safety Incident/Number

Category*

FY (2023-24)

PY (2022-23)

Lost Time Injury Frequency Rate (LTIFR) (per one million-person hours worked)

Employees

Workers

Total recordable work-related injuries

Employees

Workers

No. of fatalities

Employees

Workers

High consequence work related injury or ill-health (excluding fatalities)

Employees

Workers

12. Describe the measures taken by the entity to ensure a safe and healthy work place.

Compliance with statutory requirements, safety systems, engineering controls, observing safety week, safety training and promoting safety cultures.

13. Number of Complaints on the following made by employees and workers:

FY (2023-24)

PY (2022-23)

Filed during the year

Pending resolution at the end of year

Remarks

Filed during the year

Pending resolution at the end of year

Remarks

Working Conditions

Health & Safety

14. Assessments for the year:

% of your plants and offices that were assessed (by entity or statutory authorities or third parties)

Health and safety practices

100.00

Working Conditions

100.00

15. Provide details of any corrective action taken or underway to address safety-related incidents (if any) and on significant risks / concerns arising from assessments of health & safety practices and working conditions.

No significant risk / concern was reported on health, safety and / or working conditions in value chain partners.

Leadership Indicators

1. Does the entity extend any life insurance or any compensatory package in the event of death of

(A) Employees (Y/N)

true

(B) Workers (Y/N).

true

2. Provide the measures undertaken by the entity to ensure that statutory dues have been deducted and deposited by the value chain partners.

Yes, the measures are being taken care of by the contract organizations.

3. Provide the number of employees / workers having suffered high consequence work related injury / ill-health / fatalities (as reported in Q11 of Essential Indicators above), who have been are rehabilitated and placed in suitable employment or whose family members have been placed in suitable employment:

Total no. of affected employees/ workers

No. of employees/workers that are rehabilitated and placed in suitable employment or whose family members have been placed in suitable employment

FY (2023-24)

PY (2022-23)

FY (2023-24)

PY (2022-23)

Employees

Workers

4. Does the entity provide transition assistance programs to facilitate continued employability and the management of career endings resulting from retirement or termination of employment? (Yes/ No/ NA)

Yes

5. Details on assessment of value chain partners:

% of value chain partners (by value of business done with such partners) that were assessed

Health and safety practices

100.00

Working Conditions

100.00

6. Provide details of any corrective actions taken or underway to address significant risks / concerns arising from assessments of health and safety practices and working conditions of value chain partners.

No significant risk / concern was reported on health, safety and / or working conditions of value chain partners.

Notes

Essential Indicators: 10. c. Whether you have processes for workers to report the work related hazards and to remove themselves from such risks. Yes. The process is implemented at all locations. 10. d. Do the employees/ worker of the entity have access to non-occupational medical and healthcare services? Yes. Available in all units to all categories of employees. Leadership Indicators: 1. Does the entity extend any life insurance or any compensatory package in the event of death of (A) Employees (Y/N) (B) Workers (Y/N). Yes, HMT extends Death Relief Assurance Fund 4. Does the entity provide transition assistance programs to facilitate continued employability and the management of career endings resulting from retirement or termination of employment? (Yes/ No) Yes, The Company provides training and career development opportunities to its employees which allows them smooth transition into different career fields.

PRINCIPLE 4: Businesses should respect the interests of and be responsive to all its stakeholders

Essential Indicators

1. Describe the processes for identifying key stakeholder groups of the entity.

All individuals/ groups of individuals or entities which are affected by our operations, product and/or services, or can influence and /or have interest in our operations, product and/or services are mapped as stakeholders. HMT has identified Customers, Employees, Contract support staff, Investors, suppliers, Government, Media and Local Communities as the key Stakeholders.

2. List stakeholder groups identified as key for your entity and the frequency of engagement with each stakeholder group.

Sr. No.	Stakeholder Group	Whether identified as Vulnerable & Marginalized Group	Channels of communication	Details of Other Channels of communication	Frequency of engagement	Details of Other Frequency of engagement	Purpose and scope of engagement including key topics and concerns raised during such engagement
1	Employees	false	Other	Email, Monthly Newsletter, Notice Boards, Intranet Websites, Shop Floor, Plant Council and Meetings	Others - please specify	Need basis	Career management and growth, learning opportunities, new initiatives and gathering of information feedback
2	Customers	false	Other	Visits, Meetings, Survey, Newsletters, Brochures, social media, and e-mail	Others - please specify	Need basis	Information on business offering and to understand Customer requirements
3	Investors	false	Other	Meetings, Press Release and Stock Exchanges	Others - please specify	Quarterly and Need basis	Investor related communication
4	Suppliers	false	Other	Supplier Meetings, social media and Mailers	Others - please specify	Need basis	To educate about the recent developments in the industry
5	Government/ Regulatory Bodies	false	Other	Policy advocacy, Partnership with industry bodies and Meetings	Others - please specify	Need basis	Ensure compliance
6	Local Community / Society	true	Other	Press Release, Social media, Gos	Others - please specify	Need basis on the characteristicsof each CSR projects	To develop the CSR project along with the community, according to the need of the community

Leadership Indicators

1. Provide the processes for consultation between stakeholders and the Board on economic, environmental, and social topics or if consultation is delegated, how is feedback from such consultations provided to the Board.

During the Annual General Meeting, there will be an interaction by shareholders on various queries regarding the performance, strategies and outlook of the Company. They share their grievances, provide valuable feedback on improvements, performance, not only from a business perspective but also on critical economic, environmental and social topics/ areas. The supplier feedback received through emails, during interactions with top management of HMT. The customer grievances/ feedback is taken by the company on various platforms.

2.Whether stakeholder consultation is used to support the identification and management of environmental, and social topics.

true

If so, provide details of instances as to how the inputs received from stakeholders on these topics were incorporated into policies and activities of the entity.

Stakeholder consultation is used to support the identification and management of environmental and social topics. Each of the stakeholder group bring a different perspective on materiality & views of which shall be considered during formulation of policies and activities of the Company.

3. Provide details of instances of engagement with, and actions taken to, address the concerns of vulnerable/ marginalized stakeholder groups.

The Company focuses on serving disadvantaged, vulnerable and marginalized stakeholders in core areas through various CSR initiatives. CSR programs in the areas of education, women empowerment, clean water and sanitation, skilling and livelihood, health and well-being were taken up for marginalized sections of communities.

Notes

PRINCIPLE 5 Businesses should respect and promote human rights

Essential Indicators
1. Employees and workers who have been provided training on human rights issues and policy(ies) of the entity, in the following format:
Category	FY (2023-24)						PY (2022-23)
	Total (A)		No. of employees/workers covered (B)		% (B / A)		Total (C)		No. of employees/workers covered (D)	% (D / C)
Employees
Permanent	28		0		0.00		32		0	0.00
Other than permanent	6		0		0.00		2		0	0.00
Total Employees	34		0		0.00		34		0	0.00
Workers
Permanent	28		0		0.00		31		0	0.00
Other than permanent	0		0		0.00		0		0	0.00
Total Workers	28		0		0.00		31		0	0.00
2. Details of minimum wages paid to employees and workers, in the following format:
Category	FY (2023-24)					PY (2022-23)
	Total (A)	Equal to Minimum Wage		More than Minimum Wage		Total (D)	Equal to Minimum Wage		More than Minimum Wage
		No.(B)	% (B /A)	No.(C)	% (C /A)		No.(E)	% (E /D)	No.(F)	% (F /D)
Employees
Permanent	28	0	0.00	28	100.00	32	0	0.00	32	100.00
Male	19	0	0.00	19	100.00	23	0	0.00	23	100.00
Female	9	0	0.00	9	100.00	9	0	0.00	9	100.00
Other	0	0	0.00	0	0.00	0	0	0.00	0	0.00
Other than Permanent	6	0	0.00	6	100.00	2	0	0.00	2	100.00
Male	3	0	0.00	3	100.00	1	0	0.00	1	100.00
Female	3	0	0.00	3	100.00	1	0	0.00	1	100.00
Other	0	0	0.00	0	0.00	0	0	0.00	0	0.00
Workers
Permanent	28	0	0.00	28	100.00	31	0	0.00	31	100.00
Male	21	0	0.00	21	100.00	24	0	0.00	24	100.00
Female	7	0	0.00	7	100.00	7	0	0.00	7	100.00
Other	0	0	0.00	0	0.00	0	0	0.00	0	0.00
Other than Permanent	0	0	0.00	0	0.00	0	0	0.00	0	0.00
Male	0	0	0.00	0	0.00	0	0	0.00	0	0.00
Female	0	0	0.00	0	0.00	0	0	0.00	0	0.00
Other	0	0	0.00	0	0.00	0	0	0.00	0	0.00
3. Details of remuneration/salary/wages, in the following format:
a. Median remuneration / wages:
	Male				Female				Other
	Number		Median remuneration/ salary/ wages of respective category		Number		Median remuneration/ salary/ wages of respective category		Number	Median remuneration/ salary/ wages of respective category
Board of Directors (BoD)	0		0		0		0		0	0
Key Managerial Personnel	1		15,86,487		1		12,42,171		0	0
Employees other than BoD and KMP	21		12,87,031		11		10,56,497		0	0
Workers	21		10,03,694		7		7,40,509		0	0
b. Gross wages paid to females:
	FY (2023-24)					PY (2022-23)
Gross wages paid to females	1,57,48,527					1,14,92,928
Total wages	7,54,87,000					7,34,27,000
Gross wages paid to females (Gross wages paid to females as % of total wages)	20.86
4. Do you have a focal point (Individual/ Committee) responsible for addressing human rights impacts or issues caused or contributed to by the business?	true
5. Describe the internal mechanisms in place to redress grievances related to human rights issues.	HMT has a well laid out grievance redressal mechanism and grievance committee for resolution of complaints and grievances while keeping in mind the principles of natural justice, confidentiality, sensitivity, and no retaliation for employees. Redressal of grievance shall also be adopted through whistle blower mechanism. The Company also has an Internal Complaints Committee under POSH Policy to redress the grievances, if any.
6. Number of Complaints on the following made by employees and workers:
	FY (2023-24)						PY (2022-23)
	Filed during the year		Pending resolution at the end of year		Remarks		Filed during the year	Pending resolution at the end of year	Remarks
Sexual Harassment	0		0				0	0
Discrimination at workplace	0		0				0	0
Child Labour	0		0				0	0
Forced Labour/Involuntary Labour	0		0				0	0
Wages	1		0				1	0
Other human rights related issues	0		0				0	0
7. Complaints filed under the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013, in the following format:
	FY (2023-24)					PY (2022-23)
i) Total Complaints reported under Sexual Harassment on of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 (POSH)	0					0
ii) Female employees / workers	0					0
iii) Complaints on POSH as a % of female employees / workers
iv) Complaints on POSH upheld	0					0
8. Mechanisms to prevent adverse consequences to the complainant in discrimination and harassment cases.	The Company has policies in place to protect the identity of the complainant. it protects complainant from discrimination, victimization, retaliation, or adoption of any unfair employment practices. The Internal Complaints Committee constituted under POSH Policy is a mechanism to prevent adverse consequences to the complainant in discrimination and harassment cases.
9. Do human rights requirements form part of your business agreements and contracts? (Yes/No/NA)	Yes
10. Assessments for the year:
	% of your plants and offices that were assessed (by entity or statutory authorities or third parties)
Child labour	100.00
Forced/involuntary labour	100.00
Sexual harassment	100.00
Discrimination at workplace	100.00
Wages	100.00
11. Provide details of any corrective actions taken or underway to address significant risks / concerns arising from the assessments at Question 10 above.	Not Applicable
Leadership Indicators
1. Details of a business process being modified / introduced as a result of addressing human rights grievances/complaints.	The Company has not received any complaint on the human rights issues. The Company strives to support, protect and promote human rights to ensure that fair and ethical business and employment practices are followed. The same is ensured in the company's policies, procedures and practices.
2. Details of the scope and coverage of any Human rights due-diligence conducted	During periodic audit at Units and offices, it is ensured compliance with all the Statutory laws/ Regulatory requirement and rules made thereunder. The Company conducts various programmes, platforms where employees can highlight issues or raise concerns faced at the workplace.
3. Is the premise/office of the entity accessible to differently abled visitors, as per the requirements of the Rights of Persons with Disabilities Act, 2016?	true
4. Details on assessment of value chain partners:
	% of value chain partners (by value of business done with such partners) that were assessed
Sexual harassment	100.00
Discrimination at workplace	100.00
Child Labour	100.00
Forced Labour/Involuntary Labour	100.00
Wages	100.00
5. Provide details of any corrective actions taken or underway to address significant risks / concerns arising from the assessments at Question 4 above.	Not applicable
Notes	Essential Indicators: 4. Do you have a focal point (Individual/ Committee) responsible for addressing human rights impacts or issues caused or contributed to by the business? (Yes/No) Yes. Grievance Redressal Officers are identified in each units of HMT to address human rights issues. 9. Do human rights requirements form part of your business agreements and contracts? (Yes/No) Yes, human rights requirement forms a part of business agreement or contract. Statutory and regulatory requirement clauses stipulate human values, child labour, equal remuneration and social security. The service contracts between HMT and service provider contain a clause, meeting human rights requirement like child labour, minimum wages etc.

PRINCIPLE 6: Businesses should respect and make efforts to protect and restore the environment

Essential Indicators

1. Details of total energy consumption (in Joules or multiples) and energy intensity, in the following format:

Whether total energy consumption and energy intensity is applicable to the company?

true

Revenue from operations (in Rs.)

FY (2023-24)

PY (2022-23)

47,91,23,558

51,59,24,601

Parameter

Units

FY (2023-24)

PY (2022-23)

From renewable sources

Total electricity consumption (A)

Kilojoule (KJ)

Total fuel consumption (B)

Kilojoule (KJ)

Energy consumption through other sources (C)

Kilojoule (KJ)

Details of Energy consumed from renewable
Sr. No.	Name of other parameter	Unit	FY (2023-24)	PY (2022-23)

Total energy consumed from renewable sources (A+B+C)

Kilojoule (KJ)

From non-renewable sources

Total electricity consumption (D)

Kilojoule (KJ)

19080151000

10943038800

Total fuel consumption (E)

Kilojoule (KJ)

11001600

60363000

Energy consumption through other sources (F)

Kilojoule (KJ)

Details of Energy consumed from non renewable
Sr. No.	Name of other parameter	Unit	FY (2023-24)	PY (2022-23)

Total energy consumed from non-renewable sources (D+E+F)

Kilojoule (KJ)

19091152600

11003401800

Total energy consumed (A+B+C+D+E+F)

Kilojoule (KJ)

19091152600

11003401800

Energy intensity per rupee of turnover (Total energy consumed / Revenue from operations)

Kilojoule (KJ) / Rs.

39.845990207

21.3275385176

Energy intensity per rupee of turnover adjusted for Purchasing Power Parity (PPP)(Total energy consumed / Revenue from operations adjusted for PPP)

Kilojoule (KJ) / Rs.

Energy intensity in terms of physical Output

Kilojoule (KJ)

Energy intensity (optional) - the relevant metric may be selected by the entity

Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an external agency? (Y/N)

false

If yes, name of the external agency.

2. Does the entity have any sites / facilities identified as designated consumers (DCs) under the Performance, Achieve and Trade (PAT) Scheme of the Government of India?

false

If yes, disclose whether targets set under the PAT scheme have been achieved. In case targets have not been achieved, provide the remedial action taken, if any.

3. Provide details of the following disclosures related to water, in the following format:

Parameter

FY (2023-24)

PY (2022-23)

Water withdrawal by source (in kilolitres)

(i) Surface water

(ii) Groundwater

(iii) Third party water

(iv) Seawater / desalinated water

(v) Others

Total volume of water withdrawal (in kilolitres) (i + ii + iii + iv + v)

Total volume of water consumption (in kilolitres)

Water intensity per rupee of turnover (Total water consumption / Revenue from operations)

Water intensity per rupee of turnover adjusted for Purchasing Power Parity (PPP)(Total water consumption / Revenue from operations adjusted for PPP)

Water intensity in terms of physical output

Water intensity (optional) - the relevant metric may be selected by the entity

Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an external agency?

false

If yes, name of the external agency.

4. Provide the following details related to water discharged:

Parameter

FY (2023-24)

PY (2022-23)

Water discharge by destination and level of treatment (in kilolitres)

(i) To Surface water

No treatment

With treatment - please specify level of treatment

(ii) To Groundwater

No treatment

With treatment - please specify level of treatment

(iii) To Seawater

No treatment

With treatment - please specify level of treatment

(iv) Sent to third-parties

No treatment

With treatment - please specify level of treatment

(v) Others

No treatment

With treatment - please specify level of treatment

Total water discharged (in kilolitres)

Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an external agency? (Y/N)

false

If yes, name of the external agency.

5. Has the entity implemented a mechanism for Zero Liquid Discharge?

Not applicable

If yes, provide details of its coverage and implementation.

6. Please provide details of air emissions (other than GHG emissions) by the entity, in the following format:

Whether air emissions (other than GHG emissions) by the entity is applicable to the company?

false

Parameter

Please specify unit

FY (2023-24)

PY (2022-23)

NOx

SOx

Particulate matter (PM)

Persistent organic pollutants (POP)

Volatile organic compounds (VOC)

Hazardous air pollutants (HAP)

Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an external agency? (Y/N)

If yes, name of the external agency.

7. Provide details of greenhouse gas emissions (Scope 1 and Scope 2 emissions) & its intensity, in the following format:

Whether greenhouse gas emissions (Scope 1 and Scope 2 emissions) & its intensity is applicable to the company?

false

Parameter

Unit

FY (2023-24)

PY (2022-23)

Total Scope 1 emissions (Break-up of the GHG into CO2, CH4, N2O, HFCs, PFCs, SF6, NF3, if available)

Total Scope 2 emissions (Break-up of the GHG into CO2, CH4, N2O, HFCs, PFCs, SF6, NF3, if available)

Total Scope 1 and Scope 2 emission intensity per rupee of turnover (Total Scope 1 and Scope 2 GHG emissions / Revenue from operations)

Total Scope 1 and Scope 2 emission intensity per rupee of turnover adjusted for Purchasing Power Parity (PPP) (Total Scope 1 and Scope 2 GHG emissions / Revenue from operations adjusted for PPP)

Total Scope 1 and Scope 2 emission intensity in terms of physical output

Total Scope 1 and Scope 2 emission intensity (optional) - the relevant metric may be selected by the entity

Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an external agency? (Y/N)

If yes, name of the external agency.

8. Does the entity have any project related to reducing Green House Gas emission?

If Yes, then provide details.

9. Provide details related to waste management by the entity, in the following format:

Parameter

FY (2023-24)

PY (2022-23)

Total Waste generated (in metric tonnes)

Plastic waste (A)

E-waste (B)

Bio-medical waste (C)

Construction and demolition waste (D)

Battery waste (E)

Radioactive waste (F)

Other Hazardous waste. Please specify, if any. (G)

Other Non-hazardous waste generated (H). Please specify, if any. (Break-up by composition i.e. by materials relevant to the sector)

Total (A + B + C + D + E + F + G + H)

Waste intensity per rupee of turnover (Total waste generated / Revenue from operations)

Waste intensity per rupee of turnover adjusted for Purchasing Power Parity (PPP) (Total waste generated / Revenue from operations adjusted for PPP)

Waste intensity in terms of physical output

Waste intensity (optional) - the relevant metric may be selected by the entity

For each category of waste generated, total waste recovered through recycling, re-using or other recovery operations (in metric tonnes)

Category of waste

(i) Recycled

(ii) Re-used

(iii) Other recovery operations

Total

For each category of waste generated, total waste disposed by nature of disposal method (in metric tonnes)

Category of waste

(i) Incineration

(ii) Landfilling

(iii) Other disposal operations

Total

Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an external agency? (Y/N)

false

If yes, name of the external agency.

10. Briefly describe the waste management practices adopted in your establishments. Describe the strategy adopted by your company to reduce usage of hazardous and toxic chemicals in your products and processes and the practices adopted to manage such wastes.

Not applicable

13. Is the entity compliant with the applicable environmental law/ regulations/ guidelines in India; such as the Water (Prevention and Control of Pollution) Act, Air (Prevention and Control of Pollution) Act, Environment protection act and rules thereunder (Y/N/NA).

Yes

Leadership Indicators

1. Water withdrawal, consumption and discharge in areas of water stress (in kilolitres):

Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an external agency? (Y/N)

If yes, name of the external agency.

2. Please provide details of total Scope 3 emissions & its intensity, in the following format:

Whether total Scope 3 emissions & its intensity is applicable to the company?

false

Parameter

Unit

FY (2023-24)

PY (2022-23)

Total Scope 3 emissions (Break-up of the GHG into CO2, CH4, N2O, HFCs, PFCs, SF6, NF3, if available)

Total Scope 3 emissions per rupee of turnover

Total Scope 3 emission intensity (optional) - the relevant metric may be selected by the entity

Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an external agency? (Y/N)

If yes, name of the external agency.

3. With respect to the ecologically sensitive areas reported at Question 10 of Essential Indicators above, provide details of significant direct & indirect impact of the entity on biodiversity in such areas along-with prevention and remediation activities.

Not applicable

5. Does the entity have a business continuity and disaster management plan?

Yes

Details of entity at which business continuity and disaster management plan is placed or weblink.

HMT units are having emergency preparedness plans to handle any disaster including fire fighter devices which is designed to contain the incident, minimize causalities/ prevent further injuries, mitigation measures etc. Awareness/training has been provided to each employees on their role in case of emergency.

6. Disclose any significant adverse impact to the environment, arising from the value chain of the entity. What mitigation or adaptation measures have been taken by the entity in this regard.

Not Applicable

7. Percentage of value chain partners (by value of business done with such partners) that were assessed for environmental impacts.

0.00

Notes

Essential Indicators: 13. Is the entity compliant with the applicable environmental law/ regulations/ guidelines in India; such as the Water (Prevention and Control of Pollution) Act, Air (Prevention and Control of Pollution) Act, Environment protection act and rules thereunder (Y/N). If not, provide details of all such non-compliances, in the following format: Yes, HMT is compliant with the applicable environmental law/ regulations/ guidelines in India.

PRINCIPLE 7 Businesses, when engaging in influencing public and regulatory policy, should do so in a manner that is responsible and transparent

Essential Indicators
1. a. Number of affiliations with trade and industry chambers/ associations.	0
b. List the top 10 trade and industry chambers/ associations (determined based on the total members of such body) the entity is a member of/ affiliated to
Leadership Indicators
Notes

PRINCIPLE 8 Businesses should promote inclusive growth and equitable development

Essential Indicators

3. Describe the mechanisms to receive and redress grievances of the community.

Through Centralised Public Grievance Redress and Monitoring System (CPGRAMS)/ Public Grievance Portal grievances have been received, assigned to Public Grievance Officer in HMT & redressed.

4. Percentage of input material (inputs to total inputs by value) sourced from suppliers:

FY (2023-24)

PY (2022-23)

Directly sourced from MSMEs/ small producers

21.95

15.53

Sourced directly from within the district and neighbouring districts

16.49

4.85

5. Job creation in smaller towns - Disclose wages paid to persons employed (including employees or workers employed on a permanent or non-permanent / on contract basis) in the following locations, as % of total wage cost:

FY (2023-24)

PY (2022-23)

1.Rural

i) Disclose wages paid to persons employed (including employees or workers employed on a permanent or non-permanent / on contract basis)

ii) Total Wage Cost

iii) % of Job creation in Rural areas

2.Semi-urban

i) Disclose wages paid to persons employed (including employees or workers employed on a permanent or non-permanent / on contract basis)

ii) Total Wage Cost

iii) % of Job creation in Semi-urban areas

3.Urban

i) Disclose wages paid to persons employed (including employees or workers employed on a permanent or non-permanent / on contract basis)

32,84,534

47,30,223

ii) Total Wage Cost

7,54,87,000

7,34,27,000

iii) % of Job creation in Urban areas

4.35

6.44

4.Metropolitan

i) Disclose wages paid to persons employed (including employees or workers employed on a permanent or non-permanent / on contract basis)

ii) Total Wage Cost

iii) % of Job creation in Metropolitan areas

Leadership Indicators

3. (a) Do you have a preferential procurement policy where you give preference to purchase from suppliers comprising marginalized /vulnerable groups? (Yes/No/NA)

Yes

(b) From which marginalized /vulnerable groups do you procure?

Company has been supporting Micro and Small Enterprises (MSEs). Preferences as mandated in the Public Procurement Policy for Micro and Small Enterprises (MSEs) Order for MSEs (issued by Ministry of MSME-GoI), are followed.

21.95

6. Details of beneficiaries of CSR Projects:

Details of beneficiaries of CSR Projects
Sr. No.	CSR Project	No. of persons benefitted from CSR Projects	% of beneficiaries from vulnerable and marginalized groups
1	Supply of Blazer/Jackets to 115 girls students studying PUC in Karnataka Public School (GoK), Jalahalli, Bangalore	115	100.00
2	Supply of Cardiac Ambulance to Government Medical & Hospital, Govt. of Maharashtra, Aurangabad	2190	100.00

Notes

Leadership Indicators: 3. (c) What percentage of total procurement (by value) does it constitute? HMT procured 21.95 % of its procurement from MSMEs in FY2023-24. 5. Details of corrective actions taken or underway, based on any adverse order in intellectual property related disputes wherein usage of traditional knowledge is involved. No dispute related to Intellectual Property rights emerged during FY 2023-24 Note to point no. 6. Details of beneficiaries of CSR Projects: *Approximately 2190 individuals (6 individuals per day) will be benefitted in a year.

PRINCIPLE 9 Businesses should engage with and provide value to their consumers in a responsible manner

Essential Indicators
1. Describe the mechanisms in place to receive and respond to consumer complaints and feedback.	Mechanism is in place in HMT to record customer feedbacks through various ways. Company has multiple avenues to raise complaint and feedback for customer convenience like letters, emails, phone calls and during meetings. The complaints are escalated for resolution. Subsequently, the information is utilised to improve the business operations / services.
2. Turnover of products and/ services as a percentage of turnover from all products/service that carry information about	As a percentage to total turnover
Environmental and social parameters relevant to the product	100.00
Safe and responsible usage	100.00
Recycling and/or safe disposal	0.00
3. Number of consumer complaints in respect of the following	FY (2023-24)		Remark	PY (2022-23)		Remark
	Received during the year	Pending resolution at end of year		Received during the year	Pending resolution at end of year
Data privacy	0	0	-	0	0	-
Advertising	0	0	-	0	0	-
Cyber-security	0	0	-	0	0	-
Delivery of essential services	0	0	-	0	0	-
Restrictive Trade Practices	0	0	-	0	0	-
Unfair Trade Practices	0	0	-	0	0	-
Other	293	0	Generally, All these customer complaints are pertaining to Order tracking, Quality issues with watch received, Replacement, Refunds etc. All complaints are resolved within a maximum time frame of 1 Month	309	0	Generally, All these customer complaints are pertaining to Order tracking, Quality issues with watch received, Replacement, Refunds etc. All complaints are resolved within a maximum time frame of 1 Month
4. Details of instances of product recalls on account of safety issues	Number			Reasons for recall
Voluntary recalls	0			-
Forced recalls	0			-
5. Does the entity have a framework/ policy on cyber security and risks related to data privacy?	Yes
If available, provide a web-link of the policy	The Company has framework on cyber security & risks related to data privacy/data security which is covered in the Risk Management Policy of the Company at weblink https://www.hmtindia.com/policies/
6. Provide details of any corrective actions taken or underway on issues relating to advertising, and delivery of essential services; cyber security and data privacy of customers; re-occurrence of instances of product recalls; penalty / action taken by regulatory authorities on safety of products / services.	Not applicable
7. Provide the following information relating to data breaches:
a. Number of instances of data breaches along-with impact	0
b. Percentage of data breaches involving personally identifiable information of customers	0.00
c. Impact, if any, of the data breaches	Not applicable
Leadership Indicators
1. Channels / platforms where information on products and services of the entity can be accessed (provide web link, if available).	Information on all product and services can be easily accessible to all customer on HMT website at https://www.hmtindia.com/
2. Steps taken to inform and educate consumers about safe and responsible usage of products and/or services	As per the contractual terms and conditions, HMT provides Operation Manual and training on products or systems to the customers & also give training at our factory.
3. Mechanisms in place to inform consumers of any risk of disruption/discontinuation of essential services.	The customers are informed through e-mails/letters and any other communication means agreed to in the Contract/Purchase Order regarding any risk of disruption/discontinuation of essential services.
4. Does the entity display product information on the product over and above what is mandated as per local laws?	Yes
If yes, provide details in brief.	All the required and standard information are displayed/stenciled on the products dispatched by HMT. HMT conducts customer satisfaction survey for major products/ services. The Company also displays information about products benefits and dos and don'ts over and above the mandatory information required by law. This information is published on product packaging, instruction manuals, product listings.
Did your entity carry out any survey with regard to consumer satisfaction relating to the major products / services of the entity, significant locations of operation of the entity or the entity as a whole?	Yes
Notes