Architectural Hardware Giant Fulfills Mandatory Rs 20.94 Lakh Obligation, Prioritizing Environment and Education in FY 2024-25

NEW DELHI (India CSR): In today’s business world, companies are no longer judged solely by financial results but by the positive change they bring to society. Hardwyn India Limited, a leading name in the architectural hardware and glass fittings industry, has demonstrated this principle with conviction. For the financial year 2024–25, the company achieved 100% compliance with its Corporate Social Responsibility (CSR) mandate, spending the full Rs 20.94 lakh on community development and environmental initiatives.

This accomplishment goes beyond regulatory adherence—it reflects Hardwyn’s deep commitment to creating shared value and promoting sustainable growth. Through projects focused on environmental sustainability, education, and social welfare, Hardwyn India is helping bridge the gap between industrial progress and social equity. By combining financial discipline with social consciousness, the company continues to set an inspiring example of how Corporate Social Responsibility (CSR) can drive both business excellence and meaningful societal transformation.

Key Facts: Hardwyn India Limited – CSR Spending Report FY 2024–25

Particulars	Details
Financial Year	2024–25
Average Net Profit (as per Section 135(5))	Rs 10.47 crores (Rs 1,047.02 lakhs)
Statutory CSR Obligation (2% of Average Net Profit)	Rs 20.94 lakhs
Total CSR Expenditure (FY 2024–25)	Rs 20.94 lakhs
CSR Compliance Status	100% Compliant (Full amount spent)
Unspent CSR Amount	Nil
Administrative Overheads	Nil
Creation of Capital Assets	Nil
CSR Focus Areas	Environmental Sustainability, Health & Education
Key CSR Themes	Forest Plantation, Waste Management, Wastewater Treatment, Renewable Energy, Health and Education for Underprivileged Children
CSR Objective	Promote ecological balance, community welfare, and educational empowerment
CSR Policy Alignment	Schedule VII of the Companies Act, 2013
CSR Committee Members	Shikha Chawla (Chairperson), Rubaljeet Singh Sayal (Member), Kulmeet Singh (Member)
CSR Committee Meeting Date (FY 2025)	March 27, 2025
Standalone Turnover (FY 2025)	Rs 141.56 crores (Rs 14,156.00 lakhs)
Consolidated Turnover (FY 2025)	Rs 184.60 crores (Rs 18,460.18 lakhs)
Standalone Profit After Tax (PAT)	Rs 10.74 crores (Rs 1,074.96 lakhs)
Consolidated Profit After Tax (PAT)	Rs 11.23 crores (Rs 1,123.12 lakhs)
Growth Context	Improved profitability compared to FY 2023–24; strong financial base supporting CSR activities
Implementation Approach	Direct implementation under Board supervision and approved CSR policy
Key Impact Areas	Climate Action (SDG 13), Quality Education (SDG 4), Life on Land (SDG 15), Good Health (SDG 3)
Overall Impact Summary	Rs 20.94 lakh fully spent on social and environmental initiatives—focusing on sustainability, health, and education; zero unspent funds and 100% transparency.

A Transparent Financial Commitment

CSR spending in India is governed by a simple yet powerful principle — companies must contribute a minimum of two percent of their average net profit from the preceding three financial years toward social and environmental causes.

For FY 2024-25, Hardwyn India Limited demonstrated meticulous compliance with this framework.

Average Net Profit (as per Section 135(5)): Rs 10 crore 47 lakh 2 thousand (Rs 1,047.02 lakh)
Prescribed CSR Obligation (2%): Rs 20 lakh 94 thousand (Rs 20.94 lakh)
Actual Amount Spent: Rs 20 lakh 94 thousand (Rs 20.94 lakh)
Administrative Overheads: Nil
Unspent Amount: Nil

This 100 percent utilization ensures that every rupee earmarked for CSR reached its intended beneficiaries. The company confirmed that no capital assets were created or acquired using CSR funds — maintaining complete compliance and transparency.

Hardwyn’s clean and transparent accounting reflects its disciplined approach toward social responsibility — an approach that prioritizes governance as much as generosity.

Focus Areas: Environment, Education, and Empowerment

Hardwyn India’s CSR policy emphasizes inclusive and sustainable community development. The Rs 20.94 lakh allocation for FY 2024-25 was directed toward two primary themes: environmental sustainability and social-educational development.

1. Environmental Sustainability
The company supported multiple eco-conservation activities designed to reduce its environmental footprint and promote ecological balance.
Projects included:

Forest plantation drives for restoring local green cover;
Waste-management and wastewater-treatment programs in nearby industrial and residential areas;
Promotion of renewable-energy solutions and awareness about sustainable consumption.

These initiatives align with India’s national goals under the United Nations Sustainable Development Goals (SDG 13 – Climate Action) and underscore Hardwyn’s recognition that industrial growth must coexist with environmental stewardship.

2. Community Health and Education
The second focus area revolved around supporting educational access and child development.
Programs under this vertical targeted the promotion of health, education, and skill development among underprivileged children.
The company partnered with local institutions and community organizations to fund basic infrastructure improvements, student scholarships, and health-awareness initiatives.

By empowering communities with knowledge and wellness, Hardwyn India Limited continues to nurture a foundation for long-term, inclusive progress.

Governance and Oversight: Ensuring Accountability

Effective CSR implementation relies on strong oversight and board-level governance. Hardwyn India Limited has constituted a dedicated CSR Committee that ensures funds are used responsibly and projects align with Schedule VII of the Companies Act.

Composition of the CSR Committee (FY 2024-25):

Shikha Chawla (Chairperson)
Rubaljeet Singh Sayal (Executive Director)
Kulmeet Singh (Independent Director)

The committee convened its formal meeting on March 27, 2025, to review the CSR Policy, approve project proposals, and monitor implementation.
This structure ensures that Hardwyn’s CSR program remains transparent, audited, and strategically aligned with community needs.

The company’s CSR policy, approved by the Board, is publicly available — reinforcing a culture of openness and stakeholder trust.

Financial Strength Underpins Social Commitment

The company’s ability to fulfill its CSR obligations stems from its robust financial performance during FY 2024-25.
According to the latest Annual Report, Hardwyn India Limited witnessed strong growth across its business segments.

Metric	FY 2024-25 (Rs in Lakhs)	Equivalent (Rs in Crores/Lakhs)
Standalone Turnover	14,156.00	₹141 crore 56 lakh
Consolidated Turnover	18,460.18	₹184 crore 60 lakh 18 thousand
Standalone Profit After Tax (PAT)	1,074.96	₹10 crore 74 lakh 96 thousand
Consolidated Profit After Tax (PAT)	1,123.12	₹11 crore 23 lakh 12 thousand

Compared with the previous fiscal year’s consolidated profit of ₹10 crore 23 lakh 61 thousand, this growth demonstrates the company’s financial resilience and operational efficiency.

This improved profitability not only strengthens shareholder confidence but also enables the firm to reinvest more meaningfully in its social and environmental initiatives.

Sustainability Beyond Compliance

Hardwyn India Limited’s CSR approach goes beyond obligatory spending — it reflects a philosophy of shared value creation.
The company recognizes that growth is sustainable only when it contributes to the prosperity of the communities and environment around it.

Its CSR policy aligns with key national and global sustainability priorities:

SDG 4: Quality Education
SDG 8: Decent Work and Economic Growth
SDG 13: Climate Action
SDG 15: Life on Land

By combining social inclusion with ecological responsibility, Hardwyn India continues to inspire a new generation of Indian SMEs to adopt an ethical and sustainable business model.

Looking Ahead: Building a Sustainable Future

Having achieved complete CSR compliance for FY 2024-25, Hardwyn India Limited aims to deepen its social investments in the years ahead.
The company’s upcoming CSR roadmap focuses on:

Expanding environmental programs such as waste-segregation awareness and solar-power adoption;
Partnering with educational NGOs to enhance digital learning for rural children;
Encouraging employee volunteering to increase participation and accountability.

By integrating CSR goals into its long-term business strategy, the company seeks to strengthen its role as both an industrial and community leader.

You Learn: A Blueprint for Responsible Growth

Hardwyn India Limited’s performance in FY 2024-25 stands as a model of balanced growth — where financial strength, environmental responsibility, and community empowerment coexist in harmony.

Its 100 percent CSR compliance and targeted spending of Rs 20.94 lakh affirm that even modest financial commitments, when well-directed, can generate sustainable and meaningful impact.

In a business environment where responsibility increasingly defines reputation, Hardwyn India has set a strong example of how corporate excellence and social conscience can progress hand-in-hand.

(India CSR)

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