CSR Funding Insights

CSR Funding Insights – Education

A detailed analysis of the companies most likely to donate to Education based on historical CSR contributions from 2014 to 2023. This study is based on data from 22,312 companies, utilizing publicly available information from the MCA along with our own inferences. User discretion is advised. 

Top 5 High-Volume Contributors

  • Reliance Industries Limited spent ₹2,545.27 Cr on education, accounting for 36% of its total CSR budget. The company has consistently contributed significant amounts, with peak spending in 2019-20 (₹908.71 Cr). However, spending has slightly declined in recent years.

  • Tata Consultancy Services Limited allocated ₹1,183.94 Cr (26% of total CSR) toward education. The company has demonstrated a steady increase in investments, with 2022-23 seeing the highest contribution of ₹774.44 Cr.

  • Wipro Limited directed ₹1,052.51 Cr (62% of total CSR) to education, showing a strong emphasis on this sector. Spending peaked in 2020-21 (₹246.99 Cr) and has remained stable, indicating long-term commitment.

  • NTPC Limited spent ₹775.54 Cr (27% of total CSR) on education, with fluctuating contributions. The highest investment was made in 2020-21 (₹418.87 Cr), suggesting a focus on education during that period.

  • Oil and Natural Gas Corporation Limited invested ₹735.57 Cr (16% of total CSR) in education, with steady spending over the years. The highest contribution was made in 2018-19 (₹586.85 Cr), but investments have varied year-to-year.

Key Takeaways:

  1. Reliance, TCS, and Wipro lead in absolute spending, investing over ₹1,000 Cr each in education.
  2. TCS has consistently increased its investments, reaching its highest contribution in 2022-23.
  3. Wipro has a high CSR allocation (62%) toward education, reflecting a strong focus.
  4. NTPC and ONGC have fluctuating investments, showing variable prioritization of education over the years.
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Top 5 Highest % Allocation

  • Bennett Coleman & Co. Ltd. allocated ₹216.15 Cr, with 100% of its CSR budget exclusively focused on education. Contributions have been consistent over the years, peaking in 2019-20 (₹60.16 Cr).

  • Khandelwal Edible Oils Pvt. Ltd. dedicated ₹168.07 Cr (100% of CSR) to education, with most of the contribution happening in 2021-22 (₹166.15 Cr). This suggests a short-term but focused strategy.

  • Bengal Finance & Investment Pvt. Ltd. spent ₹110.42 Cr, with 98% of CSR directed toward education. Contributions remained low for several years but increased sharply in 2021-22 (₹40.07 Cr) and 2022-23 (₹66.83 Cr).

  • Shamyak Investment Pvt. Ltd. allocated ₹82.11 Cr, with 99% of CSR toward education. The highest contribution was in 2014-15 (₹64.3 Cr), but spending declined significantly in subsequent years.

  • Thermax Limited spent ₹70.5 Cr, with 98% of CSR focused on education. Contributions have been modest but steady, showing a consistent approach to funding education projects.

Key Takeaways:

  1. Bennett Coleman and Khandelwal Edible Oils fully dedicate their CSR to education, ensuring a focused approach.
  2. Bengal Finance and Shamyak Investment saw large contributions in early or recent years but with inconsistent spending patterns.
  3. Thermax has maintained stable contributions over the years, balancing sustainability and consistency in education funding.
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