Medium Risk

PENNAR INDUSTRIES LIMITED

Railways-Wagons, Steel, Solar Module Mounting solutions, Industrial Boilers & Heaters, Chemicals & Fuel Additives, solar

CIN: L27109TG1975PLC001919 FY: 2024-2025 Revenue: ₹2,578.2 Cr
5.3
ESG Risk
Score /10
Compliance RiskEpr ExposureGhg Intensity

Risk Breakdown

GHG Intensity
5.0
Water Intensity
5.0
Waste Intensity
1.1
EPR Exposure
6.5
Compliance Risk
10.0
HR Risk
3.0
Governance Risk
3.0

Financial Exposure

Est. Compliance Cost₹4–16 crore
EPR ApplicableUnknown
Scope 1 Emissions— tCO2e
Scope 2 Emissions— tCO2e
Water Withdrawal— m³
Waste Generated1,706.4 T

Governance

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

Double Materiality

Financial Materiality5.3
Impact Materiality4.6
QuadrantFinancially Material

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

**PENNAR INDUSTRIES LIMITED – FINANCIAL RISK SUMMARY** Pennar faces maximum financial exposure from EU CBAM compliance on steel exports, with a mid-sized exporter shipping 50,000 tonnes annually facing €3–4 million in carbon costs, compounded by India's 24.4% YoY steel export decline to the EU requiring 15–22% price cuts to remain competitive. Domestically, the company's critical compliance risk (10.0/10 score) exposes it to SEBI BRSR enforcement action and potential delisting, with estimated remediation costs of ₹4–16 crore, while India's CCTS carbon penalties of ₹1,200–1,800/tonne (2× market rate) create additional operational risk if emission reduction targets are missed. The incomplete Scope 1 and Scope 2 emissions disclosure and unknown EPR applicability (6.5/10 exposure risk) indicate regulatory reporting gaps that could trigger SEBI sanctions; priority actions include full GHG quantification, EPR obligation clarification, and carbon intensity benchmarking against EU steel (

Source: PENNAR INDUSTRIES LIMITED BRSR Filing, FY 2024-2025. Derived from the company's own public disclosures. Not investment advice or a regulatory determination.

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