Climate Change Data

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Intense competition from various companies in the field including MNC’s.
• Continuing uncertainty of disinvestment and other issues is affecting morale and operational difficulties in the functioning of the company.
• Better career opportunities in the private segment has resulted in continued attrition of its technical manpower and depleted company’s strength to meet competition.

Mitigation Strategies

• Working out strategies on case to case basis against the tenders.
• Strengthening its value added service activities like turnkey projects, training, and customer support etc.
• Actively looking at new emerging service sectors for smart application technologies and looking for business opportunities.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Ind AS

Certifications: ISO 9001:2015

Third-party Assurance: Grewal & Singh Chartered Accountants

Sustainable Products & Innovation

• Telephone Integrated Power Supply System for station (TIPSS)

Environmental Metrics

Social Achievements

• Organized vaccination camp for employees and their family members.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacting customer demand, supply chain, and project completion.
• Declining demand for PLCC products in the power sector.
• Reduced tenders from railways due to the COVID-19 pandemic.
• Subdued requirement for PDH, power plants, and PLCC due to COVID-19.

Mitigation Strategies

• Changed strategy to target private parties/contractors for upfront payments.
• Offering products to other equipment installers for turnkey projects.
• Undertaking annual maintenance/repair contracts.
• Developing new products like Control communication equipment for OFC (CCEO).
• Exploring opportunities to provide installation, erection, and commissioning services.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Ind AS

Certifications: ISO 9001:2015

Third-party Assurance: Raj Gupta & Co. Chartered Accountants

Sustainable Products & Innovation

• Control communication equipment for OFC (CCEO)

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to Covid-19, leading to component shortages and price increases.
• Decreased demand for PLCC and V-Mux products due to industry shifts.
• Stiff competition from smaller contractors.
• Attrition of technical manpower.

Mitigation Strategies

• Developing new products like Control Communication Equipment for OFC (CCEO).
• Offering products to other equipment installers to increase market share.
• Undertaking annual maintenance contracts.
• Exploring opportunities in emerging growth segments like digital villages and renewable energy.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Ind AS

Certifications: ISO 9001:2015

Third-party Assurance: Raj Gupta & Co. Chartered Accountants

Sustainable Products & Innovation

• CCEO

Environmental Metrics

Social Achievements

• Implemented a Voluntary Retirement Scheme (VRS) in July 2022, resulting in the payment of Rs. 693.85 Lacs to 22 employees.
• Implemented a second VRS scheme in 2022-23, with 8 employees opting for it and receiving ex-gratia payments.

Climate Goals & Targets

Environmental Challenges

• Reduced market share of Puncom products due to industry-wide shift to wireless and broadband communication.
• Products are technologically less competitive compared to newer technologies.
• High component costs after COVID and the Ukraine war.
• Lack of skilled technical manpower.
• Uncertainty regarding disinvestment affecting company functioning.

Mitigation Strategies

• Exploring new technology products (VoIP, Surveillance) by empaneling RDSO/TEC approved companies.
• Cost reduction efforts for existing products (aiming for 20-25% reduction in Power Plant product cost).
• Strengthening value-added services (turnkey projects, customer support).
• Exploring railway zones and power transmission subdivisions for small quantity orders.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Ind AS

Certifications: ISO 9001:2015

Third-party Assurance: Raj Gupta & Co. Chartered Accountants

Environmental Metrics

Social Achievements

• Launched VRS scheme for employees

Climate Goals & Targets

Environmental Challenges

• Products manufactured are in their last stage of commercial viability.
• Higher lead time of semiconductors.
• Old designs of products and components obsolescence.
• Rise in component cost.
• Lack of technical manpower.
• Uncertainty of disinvestment affecting functioning.

Mitigation Strategies

• Cost reduction of products.
• Strengthening value-added service activities.
• Exploring assembly, integration & testing services from other manufacturers.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Ind AS

Certifications: ISO 9001:2015

Third-party Assurance: Jain & Associates, Chartered Accountants