Medium Risk

Flair Writing Industries Limited

Manufacturing and trading of consumer products viz. stationery and colour products used for scholastic and art purpose.

CIN: L51100MH2016PLC284727 FY: - Revenue: ₹949.3 Cr
5.3
ESG Risk
Score /10
Compliance RiskEpr ExposureGhg Intensity

Risk Breakdown

GHG Intensity
5.0
Water Intensity
5.0
Waste Intensity
1.0
EPR Exposure
6.5
Compliance Risk
10.0
HR Risk
5.0
Governance Risk
3.0

Financial Exposure

Est. Compliance Cost₹2–6 crore
EPR ApplicableUnknown
Scope 1 Emissions— tCO2e
Scope 2 Emissions— tCO2e
Water Withdrawal— m³
Waste Generated134.0 T

Governance

Anti-Corruption PolicyYes
Conflict of Interest PolicyYes
BRSR AssuranceNone
Assurance Provider

Double Materiality

Financial Materiality5.3
Impact Materiality5.1
QuadrantDual Materiality

Supply Chain

MSME Sourcing—%
Lifecycle AssessmentNo
Product ReclaimYes

Material Risks

e-waste

ESG Targets & Commitments

TopicTarget / MetricStatus
Human Rights in Supply Chain HR clauses in all contracts Commitment

AI Risk Summary

**Financial Risk Summary: Flair Writing Industries Limited** Flair's primary financial exposure stems from critical BRSR compliance gaps, particularly missing Scope 1 and 2 emissions data (reported as "None"), which creates regulatory non-compliance risk under SEBI BRSR Core Expansion requirements and potential enforcement action or delisting risk if the company is classified as a top-tier listed entity. Extended Producer Responsibility (EPR) exposure is material at 6.5/10 risk level—though EPR applicability remains undetermined, the estimated compliance cost of ₹2–6 crore represents 0.21–0.63% of revenue, with actual costs potentially higher once EPR obligations are clarified for stationery and colour products under India's plastic waste and packaging rules. The company faces immediate obligation to quantify and report complete Scope 1 and 2 emissions data and definitively map EPR regulatory applicability to avoid SEBI enforcement action and material unquantified liabilities.

Source: Flair Writing Industries Limited BRSR Filing, FY -. Derived from the company's own public disclosures. Not investment advice or a regulatory determination.

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