Medium Risk

MM Forgings Limited

Manufacture different types of metal and metal products

CIN: L51102TN1946PLC001473 FY: - Revenue: ₹1,462.7 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
3.0
Governance Risk
5.0

Financial Exposure

Est. Compliance Cost₹2–9 crore
EPR ApplicableUnknown
Scope 1 Emissions— tCO2e
Scope 2 Emissions— tCO2e
Water Withdrawal— m³
Waste Generated7.1 T

Governance

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

Double Materiality

Financial Materiality5.3
Impact Materiality4.6
QuadrantFinancially Material

Supply Chain

MSME Sourcing0.1%
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

**MM Forgings Limited – Financial Risk Summary** MM Forgings faces critical compliance exposure under SEBI BRSR Core Expansion, with a maximum compliance risk score of 10.0/10 creating potential enforcement action and delisting risk if mandatory environmental disclosures are not met. The company's EPR (Extended Producer Responsibility) exposure of 6.5/10 combined with unknown EPR applicability status creates unquantified liability; assuming sectoral metal recycling obligations apply, statutory compliance costs could reach ₹2–9 crore depending on product category and recovery rate targets. With ₹1,462.7 crore revenue, the 10.0/10 compliance risk score—coupled with missing Scope 1 and 2 emissions data—suggests inadequate environmental monitoring systems that violate BRSR P6 disclosure mandates, exposing the company to regulatory penalties, audit delays, and potential capital market access restrictions. Immediate priorities: establish emissions baseline reporting, clarify EPR obligations by product line, and remediate BRSR disclosure gaps to mitigate both reputational and financial market risk.

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

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