Medium Risk

Mukand Limited

Steel and Heavy Machinery

CIN: L99999MH1937PLC002726 FY: - Revenue: ₹491.2 Cr
6.5
ESG Risk
Score /10
Waste IntensityCompliance RiskGovernance Risk

Risk Breakdown

GHG Intensity
5.0
Water Intensity
5.0
Waste Intensity
10.0
EPR Exposure
5.0
Compliance Risk
10.0
HR Risk
3.0
Governance Risk
6.0

Financial Exposure

Est. Compliance Cost₹1–3 crore
EPR ApplicableUnknown
Scope 1 Emissions— tCO2e
Scope 2 Emissions— tCO2e
Water Withdrawal— m³
Waste Generated242,059.0 T

Governance

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

Double Materiality

Financial Materiality6.5
Impact Materiality6.2
QuadrantDual Materiality

Supply Chain

MSME Sourcing0.1%
Lifecycle AssessmentYes
Product ReclaimYes

Material Risks

e-waste

ESG Targets & Commitments

TopicTarget / MetricStatus
Life Cycle Assessment LCA conducted for products Achieved
Human Rights in Supply Chain HR clauses in all contracts Commitment

AI Risk Summary

**Mukand Limited – Financial Risk Summary** Mukand faces critical compliance exposure of ₹1–3 crore from India's Carbon Credit Trading Scheme (CCTS) penalties (₹1,200–1,800/tonne for missed targets) and SEBI BRSR non-compliance, with delisting risk for top-tier classification. If the company exports steel to EU markets (a meaningful channel for Indian steel), CBAM exposure could reach €3–4 million annually on 50,000-tonne volumes, requiring 15–22% price cuts to remain competitive as Indian exporters face 24.4% YoY volume drops. The most pressing financial risk is waste intensity management and undefined EPR (Extended Producer Responsibility) obligations, which could trigger additional compliance costs once regulatory clarity emerges; the company's maxed-out 10.0/10 compliance risk score signals immediate governance and reporting gaps requiring remediation to avoid enforcement action.

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

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